as above. i see doom in the years ahead. the run up since 2009 is ending. i think this represents a very good trade this week.
I'm no Miss Cleo, but I'm pretty sure next month.... the market is in for a catastrophe. one that it has not seen in more than 15 years. There are always major corrections. I think that correction begins next month.
Whenever we hit that line it's game over. I think the run ends in July. Act accordingly.
Tesla going to mega sell off tomorrow. I think it will pump all night and with PCE but sell off massively all day long.
I'm leaning toward fakeout, just because I like to see stocks crash, but this is generally the point at which we find out one or the other.
These two patterns look very similar to me. I think IWM is about to take an absolute giga dump in the bed like Depp's ex wife. watch out.
Look at the bullish divergence we have on Tesla. It's just ridiculous that they've been able to get the price this low. I think we are going to get a massive gap up starting at premarket open. I just don't see how they can get it to go down anymore. We're oversold, we're on the trendline, and we have bullish divergence. I think this stock HAS to pump in the...
just wanted to make this to post on twitter. basically how i see the trend playing out.
this is just food for thought, it has rebounded every single time it hit this trend.
that will most likely not come to pass, but you have a gap on the weekly at about 83 dollars. draw out the channel it's been trading in and they intersect in mid may around that time. highly unlikely that this will happen, but all of the may 17 puts under 115 are only less than 1 dollar premiums. so if it does happen there is a lot of money to be made.
resistance and support nice bounce off the 20ema weekyl. should have a nice bounce next week after the merger news and politically motivated buying
AMD and NVDA get all of the attention. Intel makes CPU's, GPU's, and AI chips just like NVDA and AMD. Most people have not even heard about Intel's Gaudi AI chips, but everyone knows about NVDA's and AMD's. The difference is that Intel fabs a lot of their products and is spending many tens of billions of dollars to build new fabs to not only make all their own...
we will continue to move up through the moving averages. i think 11 is a good target, after that who knows. honestly i think rivian is a more popular choice.
Bring on the hate. I am not making this trade, but I certainly won't be longing SPX next week either. just a possible scenario for SPX going to 4600 and testing a previous resistance as support.
bull div on the daily. finally got some volume in and these braindead AMC bulls are finally out of the picture. time to go long.
The RSI is in a nearly identical pattern as it was in August 2023. Most pullbacks require a "catalyst" to get retail traders to exit their positions. In August that catalyst was a credit rating downgrade. This was followed by months of declines in the market. In my opinion that exact same excuse will be used within the next two days. USD/JPY is another sign, but...
Just looking at this being a possible channel. if it is, seems like a good time to get in.
Picture is self explanatory. Prediction based on magic 8ball reading while high on magical diet coke. Take with a grain of moon salt.