What a beautiful channel huh? This baby is about to retest that breakout. I expect it will bounce where it intersects with the 100sma and the .618fib (and the breakout point). I'll start my pyramid at $11 and work it down into $9ish (if possible). Cheers!
With to daily interaction with daily 100, all of the Elliott Wave Parameters doing their part and in the correct Fibonacci Area for a bounce, I'm playing Moderna long from here up to the $159ish area.
I added more to my long term account and I believe we hit hard support today at $107.67! I have a hard stop at $100 and my targets are on the chart. We've hit the bottom of this Marathon Descending Triangle .. AGAIN and it should be time for blast off. Happy Trading..
This descending wedge should be a nice breakout soon! $140 is in it's near future. Strong Company, Strong Financials at absolute support..
It's on the rebound and been beaten down. Strong financials, good support line.. and Elliott says it's going to $23 minimum but probably closer to $25-27 in the near future.. GET IN NOW!!
Below the major MA's, at a great support and a forward DIVI over 13% and not a single miss on earnings singe mid-2020, I'm (very) bullish on ABR up to $20ish. This is an opportunity to make LOTS of money, if you'll hold it. I'm using a $1 stop because, if earnings are bad, it COULD BREAK DOWN and I won't be participating in that. Cheers!
After bouncing off the 100 and 200 sma's and with consistently strong earnings, I'm bullish on Zoom Communications up to $94.50ish. You will have to hold through earnings, so make sure you trail it. Cheers!
Since the 100/200sma crossover in summer, ROKU has steadily increased. Elliott Wave shows it beginning wave 5 and resistance is $140ish, so I'm bullish to $130, where I will sell half of my position and trail half to the $140 target. Cheers!
With the past 7 earnings beating and at a great support, I'm bullish on CTRA up to $30ish
Daily chart shows a clear double bottom on BCE. With a high paying DIVI and Elliotts showing it in wave 4 of 5, I expect it to consolidate between the 100sma and 200sma on the daily, before breaking out or down.
IMO, the strong earnings we just saw and sympathy could bring MU to all time highs by the end of 2023! I'm VERY bullish above $75, to AT LEAST $85ish. This ticker is a diamond in the rough and will receive sympathy from NVDA and AMD. Cheers!
Hawaiian Airlines has been beaten to death. They recently signed a new deal with AMZN to be the primary cargo carrier to the islands, with multiple new planes involved. IMO it has now hit bottom and bounced (based on volume). I am bullish to $12 AT LEAST, at the 100sma WEEKLY, where it should double top and begin to consolidate, before breaking out - or breaking...
Paypal has bounced and I'm bullish up to $66ish, which coincidentally, is the .618 fib on the move down AND the 200 SMA Daily. That will also complete the inverted H & S on the daily pattern.