AMD TSX LONGTERM TRADE SETUP.Would love to hear thoughts on this idea based on macd , volume profile and solely based on a confirmation of reversal.
Not financial advice but I think there's opportunity here.
Stonks
Sklz to 10.80-13.49$Coiling up for a reversal to end the week in the green setting up for a two week bull run towards ER? Sklz has been steadily increasing over the last year.
Last target of 7.34 HIT 7.84 high previous idea.
STOCKS | AI | Amazon, Meta & MSFTPeople who are saying that AI is just a bubble are missing the big picture. Huge tech companies are pouring serious money into it, which shows they believe AI is here to stay.
We're talking massive investments – like over $320 billion in AI infrastructure by 2025, according to the Financial Times. Amazon is planning over $100 billion in capital expenditures in 2025, mainly focused on AI infrastructure. This could be huge not only for NASDAQ:AMZN as a whole but also for the AI industry.
Alphabet is also throwing in around $75 billion this year to boost its AI capabilities. These kinds of investments from the top players make it clear: they know you have to spend big to win in the AI game and clearly there is a race going on, especially after the release of DeepSeekAI. American companies don't want to be left behind, and it's likely that they will pour money into integrating AI to improve their business operation - with the ultimate aim to improve profit - which is great for stock prices. How they make money from AI might change over time, but the overall direction is obvious – AI is changing everything and driving innovation.
According to Statista, the global AI market is predicted to reach around $826 billion by 2030. That kind of growth tells you AI is going to be a major force in just about every industry. And therefore I believe that all the companies making major investment in AI will also see exponential growth over the next 5 years - meaning it may be a longer term game play.
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NASDAQ:MSFT NASDAQ:META
The Big ShortLike Ryan Gosling says in the movie:
Big bank, small bank, I like to make money.. Allright?!
On serious note: This is not fun and many lives will be ruined by this crash.
Stay safe and secure some profits for your family and loved ones
SKLZ keeping BULLISH trend into march !?ER coming in march, companies making money off there product now. Bullish trend broke out of the falling wedge.
Trend seems to be sticking in bullish direction.
DXY - OVERBOUGHT = Risk On in Near Term = GainsThe DXY RSI levels are approaching overbought territory. Don't need to over think this one. I'm looking for a mean reversion.
On average, it appears a DXY pull back is +/-12%. $102-$98 is the level I'm watching for the short/medium term for the DXY. I imagine it strengthens again in the future, but it's offside at the current moment.
Stonks, BTC, & Crypto are looking prime for a risk on environment & substantial gains - for at least the short to medium term - if the DXY sells off.
Either way, it's looking like the DXY will need to mean revert in the near term.
BULLISH.
GameStop Corp. ($GME): High-Risk, High-Reward OpportunityGameStop Corp. ( NYSE:GME ): High-Risk, High-Reward Opportunity
Trade Setup:
- Initial Entry: $31.45
- Alternative Entry: $24.11
- Stop-Loss: $10.88
- Take-Profit: $125.99
Rationale:
GameStop, a prominent video game retailer, has experienced significant volatility, often influenced by retail investor interest and speculative trading. The stock's history includes notable short squeezes, leading to substantial price surges. Recent discussions suggest the potential for another upward movement, presenting a high-risk, high-reward scenario.
Financial Performance:
In Q2 2024, GameStop reported revenue of $798.3 million, down from $1.16 billion the previous year. The company is focusing on cost containment and plans to close underperforming stores to enhance efficiency.
Volume and Short Interest:
As of November 15, 2024, GameStop had approximately 31.87 million shares sold short, representing about 7.47% of the float. This level of short interest indicates a moderate potential for a short squeeze.
Analyst Ratings:
Analyst coverage on GameStop is limited, with some maintaining a "Sell" rating and a price target of $10.00, suggesting potential downside. However, the stock's volatility and retail investor interest can lead to price movements that diverge from analyst expectations.
Risk Management:
Given the stock's volatility, strict adherence to the stop-loss at $10.88 is crucial to manage potential losses. The ambitious take-profit target of $125.99 offers a substantial reward, but traders should be prepared for significant price fluctuations.
*When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave!*
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
3 Stocks in ACCUMULATION Phase | STOCKS | BABA, HOOD, PYPLIf you have patience, stock trading can be very rewarding.
Something a little different today - SOCKS ! 🧦 These are my top 3 picks for stocks at the moments - for the sake of duration, we'll look at 3 per video.
What I look for in stocks, is longer term holds. Ideally they must be in accumulation phase, or have just broken out of my ideal buy zone.
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NYSE:BABA NASDAQ:HOOD NASDAQ:PYPL
meme pullbackthis hourly chart on gamestop shows bull exhaustion and a potential temporary top due to the amount and quickness of consolidation intraday. this stock is down from its highs in a market environment with sudden scarcity of bull trends after the recent break to all time highs in spx. with the market pulling back i expect this stock to continue to pull back although remaining bullish on higher timeframes like the weekly. i would short if we remain below VAH and close short in VAL area or the blue support zone.
gamestop cup and handle whats next?this isnt the strongest pattern for vull continuation, but if it does follow through i expect well see $25 soon. if we dont continue the pattern ill look for a pullback to the $21 region. the stock seems like it is ready to make larger swings now that its held some form of a daily to weekly uptrend. were still battlign a bear trendline of resistance since the last large monthly move and subsequent volatility, but it seems to be subsiding somewhat.
im looking at curred dPOC as the pattern pivot, and if we hold that level forming a range above open id look for the next market structure trailing stop area/VAH region to take profit long. if we break fown below dPOC and form bear momentum under the mPOC id look for lower POC and VAL to take profit short.
Bull Pennant on the 4hrTracking this monster Bull Pennant on the 4hr. Trend based Fib ext, is projecting a breakout to the $58-$60 range, with no current ceiling in place above the $28 mark on the 4hr. If GME breaks above $62 on the daily, the next stop will be $87... Stay tuned.
CNVS LONG TERM HOLD PAYING OFF. Looking forward to staying above 2.74 heading to test 3.94 with the momentum. ER COMES NOV 11 they continuously make revenue yoy and have been a positive company thru dark times of covid and stock market reset. Held thru and avd down !
Levels to stay above 2.70
Future tests 3.94 , 5.06
Onward to the volume held on at 10$ potentially with a insanely bullish run.
There could be a deal in the making, not sure but there is massive momentum. Looking to take profit at 4.20$ if trend continues but holding most of the shares for closer to nov 11
Retest Complete. Dollar Should Continue Down Again.There's that retest to the underside of my pink line that I was previously expecting. As you all know from last weeks video, I was a bit surprised we didn't get it at the time I was making the video. Well, better late than never. This is a perfect retest. Though, the dollar could hover on the underside for a few more days, I expect that by mid-October you'll see the trend continuation down as we head for that very important, very old trend line coming all the way back from Orwell's 1984. Blow-off top in the U.S. stock market should continue until then. If so, crypto will follow.
Long GoogleA long signal was given by my indicator combination on Sept. 11th. Additionally, you can see the potential inverse h&s pattern supporting the signal. The pink ascending tl is also still holding for support. Target would be around $220 or once my signal flashes red whichever comes first.
Boring Markets - The Week Ahead For Stocks And Crypto (Sept 3)Traders,
Just a quick preview of what I expect for the week ahead and maybe the next few weeks?
We Could See Stocks Pullback Again Before The Full SendTraders,
The title says it all. Let's take a look at why another pullback could be in the cards.
Breakout for our favorite meme stocks $GME and $AMCTrying to shed some light on the potential path for both stocks and what levels im watching!
SMCI UpdateUpdate to the idea shared a couple days ago. Our liquidity indicator was calling for longs on SMCI and we are now getting that play-out as its breaking above 800.
Gamestop WatchGME is the most talked about name in the market at the moment with the roaring kitty saga. We have it on high watch. Our premium indicator nailed the initial move and gave two blue continuation bars which captured the last move.
Although we believe the "squeeze" is likely through, we will be watching for another continuation setup to punt over the next week.
GME Bullish Setup Jun 6-7th Update#GME had a very strong close today, hitting my Main Target box to the penny!
#TTR was long #GME (again) from $24.54, we are 50% out today, near the highs, holding the rest for Friday.
#TTR was also long GME from $13.01 and we exited the most at 64.54, 57 and 51 on the main gap up day!
#TTR is also long #AMC, all the targets were posted
$INTC Long Trade Taking long entry on $INTC. No leverage.
I want 4hr to get above 50MA and hold @ $31.97 to look good.
Risk/Reward = 1/7
Entry: $31.81
Target: $34
Stop loss: $31.48
Tesla TSLA DailyTSLA seems to be bottoming out on the momentum indicators, this looks like it will delay the 100 level test in which supposidly Elon will get margin called at if it were to break. I can see this getting delayed for another week, or perhaps it will bottom here then and form a lower high and restest 100 closer to june/july.
Alibaba - BABA long with $120 targetYesterday the community entered a long on BABA after we backtested a key level of significance and the falling wedge as support.
The chart is prettty good, a completed harmonic below support, spring and break of the falling wedge to get above support before backtesting that level as support once again, whilst at the same time showing bullish divergence... No need for anything else.
We entered with 5x leverage at 83.43 and the profit taking levels are defined. Tomorrow is earnings and so this is a risky trade, earnings is like the lottery and does take your edge away as we witnessed with Spotify. However, we follow the charts, and they suggest upside.
120$ THIRD TARGET -- LETS GO
