Cisco Wave Analysis – 11 June 2025
- Cisco reversed from the key resistance level 65.60
- Likely to fall to support level 62.20
Cisco recently reversed down from the key resistance level 65.60 (which has been reversing the price from the start of February).
The downward reversal from the resistance level 65.60 created the daily Japanese candlesticks reversal pattern Evening Star.
Cisco can be expected to fall to the next support level 62.20 (a low of the previous minor correction 2 from the end of May).
IBM Wave Analysis – 11 June 2025
- IBM broke key resistance level 270.00
- Likely to rise to the resistance level 290.00
IBM broke above the key resistance level 270.00 (which stopped the previous impulse wave (1) in the middle of May).
The breakout the resistance level 270.00 accelerated the minor impulse wave 3 of the intermediate impulse wave (3) from the end of May.
IBM can be expected to rise to the next resistance level 290.00 (target for the completion of the active impulse wave 3).
Safe Entry Zone INTCPrice Movement Ranging.
Price Targeting 1h & 4h Green Zone.
Green Zones Are Buying Zones & Red Zones Are Selling Zones In Case Buying Zone broken down stock movement will be down and Vice Versa.
P.High(Previous High) & P.Low(Previous) Acts As significant Support and Resistance Levels.
Note: 1- Potentional of Strong Buying Zone:
We have two scenarios must happen at The Mentioned Zone:
Scenarios One: strong buying volume with reversal Candle.
Scenarios Two: Fake Break-Out of The Buying Zone.
Both indicate buyers stepping in strongly. NEVER Join in unless one showed up.
2- How to Buy Stock:
On 15M TF when Marubozu Candle show up which indicate strong buyers stepping-in.
Buy on 0.5 Fibo Level of the Marubozu Candle, because price will always and always re-test the imbalance.
CVX Trade Setup — Catch the Bounce + Dividend PlayChevron ( NYSE:CVX ) is setting up for a potential bounce from strong support around $134.96 (S2 level). The trade aligns with both technical and fundamental tailwinds:
🟢 Technical Setup:
Holding just above S2, showing signs of base formation.
Clear risk/reward box:
Entry: ~$135
Target: $150.05 → ~+10.5%
Stop: $133.73 → ~-2.4%
R:R Ratio: ~4.6:1
MACD histogram flipping positive.
RSI rebounded from oversold and consolidating.
💰 Dividend Catalyst:
Ex-div date: May 19
Yield: 5.04% (quarterly payout of $1.71/share)
Chevron has increased its dividend for 37 consecutive years — strong income + growth combo.
This is a solid swing + yield capture setup. I’m long from $135.64.
📈 Watching for confirmation over $137 before scaling.
Do you think CVX hits $150 before ex-div? Drop your chart 👇
AES | Bounce in Motion from Multi-Decade Support – 75% Upside 📍 Ticker: NYSE:AES (AES Corporation)
📆 Timeframe: 1M (Monthly)
📉 Price: $11.48
📊 Volume: 109.4M
📈 RSI: 40.20 (Oversold rebound zone)
🔍 Technical Setup:
NYSE:AES has just bounced from the lower boundary of a 30-year ascending parallel channel, a zone that has historically marked major long-term bottoms.
🟢 Green arrow: Rebound from long-term trendline support
📏 Targeting reversion to the channel median
🔹 Pattern context: Mean-reversion strategy inside macro uptrend
🧠 Trade Plan & Price Target:
✅ Entry Zone: $11.00–$11.50
❌ Stop-Loss: Close below $9.50 (channel structure breakdown)
🎯 Target: $20.00
→ 📈 Return: +75.6% from current levels
⚠️ Key Insights:
RSI near historical bounce zone (40)
Major volume surge may signal capitulation
AES is historically cyclical within this macro structure — mean reversion is likely
Short interest elevated — potential for short-covering rally
💬 Will AES power a multi-quarter reversal like it did in 2002, 2009, and 2020?
📈 Add it to your radar if you’re watching for long-cycle rebounds.
#AES #MeanReversion #LongTermChannel #Utilities #ValueTrade #TargetTraders
ABT Trade Setup: Breakout Play with 10.6% Upside🏥 Abbott Labs (ABT) Trade Alert
Positioning in this healthcare giant as it breaks out from consolidation - here's the strategic play:
📌 Trade Levels
▶ Entry: $133.12 (confirmed above SMA 50)
🎯 Target: $147.21 (+10.6%)
🛑 Stop Loss: $126.00 (-5.3% risk)
⚖️ Risk/Reward: 1:2
Why ABT Now?
✅ Fundamental Strength:
Net Income Growth: "Strong growth" (+134% YoY in last report)
Dividend Aristocrat: 50+ years of dividend growth (current yield 1.9%)
Debt Health: Score 10/10 (Debt/Equity 0.26, Interest Coverage 15x)
✅ Technical Triggers:
Bullish crossover (50D > 200D MA)
RSI 55 - neutral with room to run
Volume surge on $132 breakout
Measured move target aligns with $147 zone
📊 Trade Management:
Entry: $133.12 (market price)
Scale In: Add at $130 if tested
Adjust Stop: Move to breakeven at $136
Partial Profit: Take 50% at $140
⚠️ Key Risks:
Sector rotation out of healthcare
FDA delays on new devices
Strong resistance at $138 (prior highs)
ABT dominates 4 growth segments:
Medical Devices (44% revenue)
Diagnostics (32%)
Nutrition (12%)
Generics (12%)
Recent FDA approval for Freestyle Libre 3 drives upside.
Trade active until next earnings (Oct 18). Let me know your take! 👇
#HealthcareStocks #DividendInvesting #BreakoutTrade
PRMB | Breakdown in Progress – Setting Up for a 200% Swing Buy📍 Ticker: NYSE:PRMB (Primo Brands Corporation)
📆 Timeframe: 1W (Weekly)
📉 Price: $28.84
📊 Volume: 32.38M
📈 RSI: 40.95 (Bearish momentum, nearing bounce zone)
🔍 Technical Setup:
PRMB has broken below a steep sub-channel and is targeting the midline and base of a broader long-term ascending channel, offering a high-reward opportunity for medium-term traders.
📉 Short-term trend: Bearish correction
📈 Long-term trend: Still intact within rising channel
📍 Support zone: $20.70 – multi-year horizontal + lower channel convergence
📊 RSI: Oversold territory, potential for bullish divergence
🧠 Trade Plan & Price Targets:
📥 Wait for price to hit $20.70–21.00 zone (major confluence zone)
✅ Entry Range: $21.00–$22.00
❌ Stop-Loss: Below $19.00 (channel breakdown invalidation)
🎯 Target 1: $35.00
→ 📈 Return: +64.8%
🎯 Target 2: $72.00
→ 📈 Return: +229.3%
⚠️ Key Insights:
Volume spikes during selloff = panic selling, possible capitulation
RSI forming base near 40 → reversal often begins here historically
Macro trend channel still fully intact — just correcting within range
Steep reward potential if entry is timed at support
💬 Will PRMB complete the retest and deliver a massive swing?
🎯 Precision setups like this don't come often — add it to your watchlist now.
#PRMB #ChannelTrading #SwingSetup #LongTermReversal #HighReward #TechnicalSetup #TargetTraders
How To Buy A Short Squeeze Using This 3 Step SystemToday i felt lifted and happy.
But Yesterday i was very sad
because of a silly fight
with a drunk friend of mine.
Need i mention i was sober.
I had to self defense myself but i feel much
better after writing down my feelings.
Basically i had to run away from the
fight.There is nothing
wrong with running away.In fact running
away from a fight is the best self defense.
What a friend does to you hurts more
than an enemy.
Notice that in the movies the bully
looks like a friend in disguise.
Always around at the right time.
Anyway if you look at this chart you will
notice that the price is in an "overbought" zone
This is what Tim Sykes calls a short squeeze.
When the short sellers buy to cover.Or decide to take
a profit or loss depending on there position.
Now granted this chart is following the Rocket Booster
Strategy,Which has the following 3 Steps:
1-The price has to be above the 50 EMA
2-The price has t be above the 200 EMA
3-The price should gap up in an uptrend
Seeing this ticker NYSE:KO
is very interesting because it is a popular stock.
Rocket boost this content to learn more.
Disclaimer;Trading is risky please learn more about risk management
and profit taking strategies.Do not use margin and use
a simulation trading account first before you trade with real money.
OKLO can go locoPattern: Classic cup and handle formation. Handle forming as a bull flag — very bullish continuation setup.
Resistance: ~$57.78 — key neckline from prior highs. Needs strong close above this level for confirmation.
Volume: Declining during handle = textbook. Suggests controlled pullback. Watching for volume spike on breakout.
Moving Averages: Price is trading above all key MAs, confirming bullish trend structure.
🔥 Most Favorable Path:
Let price tighten within the handle, then breakout above $57.78 on increased volume. If confirmed, target $66–70+ based on measured move from cup base to neckline.
⚠️ Invalidation:
Break below $50 with volume would invalidate handle and signal potential deeper retracement.
✅ Summary:
Setup: Cup & Handle
Bias: Strongly bullish
Entry trigger: Break + close > $57.78
Targets: $66 → $70 zone
Risk level: Manage below $50
*Not a financial advice
CVX – Waiting for Pullback to 0.382 Before Targeting Gap FillsChevron (CVX) recently broke structure to the upside after holding a 1D demand zone near $136.
I'm now watching for a pullback toward the 0.382 retracement (~$141.80) of the recent impulse. This level aligns with the breakout area and offers a potential continuation setup.
🎯 Trade Setup:
Bias: Long (on retracement)
Entry zone: $141.80 – $142.00
Targets:
📌 Gap 1 → ~$158
📌 Gap 2 → ~$166
Invalidation: Close below $138 would negate the bullish thesis.
🧠 Context:
Structure flipped bullish after BoS.
Gaps above remain unfilled, acting as magnet zones.
Pullback to 0.382 = logical spot to join trend continuation.
I don´t see a major breakout until September 2026Looking at her descending triangle (monthly mainly), I see a compresion of the price until September 2026. My guess, and looking at Spx, I think we are going to see a blow off top of the market and GameStop is going to struggle one more year.
Probably when Sp500 touches 7000 pips is going to be the top of the market and when this happens GameStop will explode. Something similar to BMW in 2008 could happen in one year time.
Recession is coming. Everyone knows that, but nobody knows when. I am just focusing on this descending triangle and GME monthly RSI. I think that is the key.
PCG | SWINGGGG TRADE IDEA, BRUVS!Ahoy M8s.
We're sailing the swing trading seas today! PG&E (PCG) just pierced a multi-year support line. Doesn't mean it can't go lower, but that's why we're managing our position size with a small starter position.
Will follow up with an add message if I add to the position. Don't get cooked. LETS GOOOOOOOOOOOO!
Going Long on MMMMMM chart displays a bullish candlestick today (June 11, 2025) with the short term GMMA bouncing off from the Long term GMMA. VStop (10 d length, Source: Close; Multiplier 1) indicates a bullish nature.
One could go Long at the end of the day by placing a Stop order 5c above the high and a SL at 142.65, which is 5 cents below the low of the current LOW. Exit at 2x the risk taken.
THis is not an investment idea and this is no guarantee this trade will result in a Profit.