Gooby_Trades

Gooby_Trades

Triple top on technicals. Stretched valuation with 25 forward p/e + crowded rotation trade to staples + continued short term Vol in equity markets should send KO lower in next few months. I'm buying OTM June 25 puts. This is not financial advice. good luck!

Gooby_Trades

ICLN could get a bounce in short term from buyers at 11 dollar mark. Longer term trend suggests some more pain for ICLN. However, ICLN's starting to looking oversold on RSI. Keeping an eye on this. Interested in adding a long when/if price action enters green channel.

Gooby_Trades

PZZA starting to look attractive at current levels. Looking to go long once it breaches the long-term support range highlighted in green. This is not financial advice. Good luck!

Gooby_Trades

Bearish technical setup for HSY coming into their Q3 Earning's on 11/7. Anything less than a big beat could take Hershey down to new lows at around $170 support.

Gooby_Trades

RCL experiencing declining volume, and being highly leveraged in a tumultuous macro environment leads me to believe this recent rally in price will struggle to overcome the strong resistance zone of 93-99 a share. Retreat back to 65 support seems probable in the intermediate term. As always, this is not financial advice. Good luck!

Gooby_Trades Updated 

Looking for AAPL to retrace to the lower bounds of its current channel. 125-120 is the target zone. Seems very unlikely for Apple to push up to ATH's given such uneasy market conditions, but anything could happen so best to keep a tight stop. VIX at 22. Looking for short-term bull momentum in aapl to take it up to my entry and the short is on! This is...

Gooby_Trades

MMM has entered a downtrend on its monthly time frame. Downtrend was confirmed with a lower high in June of 2021, followed by a retest of strong support at 108 a share (which is also where the 200-day SMA currently sits). 3M may get a short-term bounce due to oversold reads on indicators, but this stock is clearly in a downtrend. The next big move in the medium...

Gooby_Trades

I think it makes sense to enter a long-term bullish position in SHAK if/when we hit the support level of 30.30. This level has acted as a reliable support point four times in SHAK's history as a public company. Each time prices have reached the 30.30 level, bulls came in to prevent further losses in share price. This time may be different ((we may see some...

Gooby_Trades

Simple analysis here. The VIX is closing in on strong dynamic and static support. Buy volatility, sell/short high-risk assets (1-6 month timeframe). No change in my intermediate and long-term thesis. Still early innings of a bear market. Market conditions are steadily worsening. Looking for a move in VIX to the static resistance level of 35.8 in the coming...

Gooby_Trades

Rough chart for TSLA. Triple Top formed. Looking for a price drop to the 208 support zone in the near term. Good luck! This is not financial advice.

Gooby_Trades

Head and shoulders setup for ROBLOX. Look for breakout around the 36 level. Looking for a drop to the 22 support zone. Good luck! This is not financial advice.

Gooby_Trades

Bearish megaphone forming here for WBD. Look for a breakout below 12.23 Possible move down to 11.50 followed by a move to 10.50 support Set stop loss around 13.53 swing high This is not financial advice. Good luck!

Gooby_Trades

Wheat's setup looks great on the daily chart. Bouncing off of dynamic support (depicted in orange) nicely. MACD turning positive. Next target is 937'6. As always this is not financial advice. Good luck.

Gooby_Trades

Fortinet is a big player in cybersecurity with strong revenue growth and rapidly growing demand for its services. In the very Long-term, Fortinet should do well. However, FTNT's technicals are signaling weakness on a more medium-term basis. The last year of FTNT price action has led to a rounded top formation. One could also argue that Fortinet shows signs of a...

Gooby_Trades

Celsius Holdings has been trading like a meme stock as of late. News of a deal with Pepsico helped fuel the recent surge in stock price. The question I pose is will this bullish momentum in CELH continue despite a slowing global economy? Technicals: There are strong signs of bearish divergences on monthly and weekly timeframes, slightly weaker bearish...

Gooby_Trades

Simple setup here. Meta has been range bound for weeks. Strong overhead resistance. Broke beneath support at 171.8 Profit target: Strong support of 155.6 As always this is not trading advice. Good luck!

Gooby_Trades

China/Europe/EM: The UK and the entirety of Europe are in trouble. The UK now experiencing double-digit inflation and to make matters worse they are facing extreme weather and an energy shortage going into the winter. All the while Putin's war is complicating European energy supply and political ties even further. China is experiencing civil unrest, mostly thanks...

Gooby_Trades

Fundamentals: The global Nat gas supply is one of the tightest in the commodity space. Historically hot weather all over the world -most notably in Europe and in parts of the US- has created an abnormal amount of demand for nat gas this summer. Climate change and extreme weather are also now threatening the passage of cargo ships through the Rhine river, which...