HaseebKhan_90

HaseebKhan_90

AAPL broke out of the symmetrical triangle that started forming early July 2021. Next stop is $160! $160 is the measured objective of the pattern and also the resistance of the long equidistant channel forming since September of 2020

HaseebKhan_90

AOS has been forming an inverse head and shoulders since May of 2021 and now looks like it's ready to move higher. Fundamentally, the company's doing pretty well and is expected to do better in the coming year with increasing earnings per share and sales. Technically, it has been on a solid up trend and now is looking to continue. With a Beta over one it's...

HaseebKhan_90

XPO broke out of consolidation that dates back to June of 2021 and is making new all time highs. It's a good company that moves with the general market and is expected to do even better in the coming year. It recently broke the resistance range between $88 and $89.30 and has retested the upper bound as support. The next measured objective is $99.40 to $100.

HaseebKhan_90

SONO gaped up after earnings with massive volume coming in. I expect the price to go sideways in the coming week holding $36.60 as support before moving higher. Look for buying opportunities around $36.60. Alternatively, you can buy now and dollar cost average around this area as this is a good long term hold as well.

HaseebKhan_90

After using the highs from 2015 and 2018 ($56.28) as support, ST is now approaching the resistance of $61.13. Also note that ST has been ranging from year-to-date between $56.28 and $61.13. Judging from the price action, it seems like ST may break and close above $61.13 in the coming week. A rejection from $61.13 could have ST test the support of $59.90 Look...

HaseebKhan_90 Updated 

QCOM has been doing well fundamentally with its sales growth more than 30% quarter-over-quarter. Technically it's on a clear up-trend and just recently had a nice pull-back. Looking at the price-action on the weekly, we can see that it just made a double bottom and is now looking to break. What makes this more interesting is that the pull-back used the 10-EMA...

HaseebKhan_90

ULTA (Ulta Beauty, Inc) is testing resistance around the $355 area that dates back to mid 2019. Fundamentally, * It's undervalued with a PEG of 0.77 * Its earnings per share is expected to grow over the coming year. Technically, * General up trend * Beta > 1 (following the general market trend) * Broke above the resistance of $315 that dates back to 2017 and...

HaseebKhan_90

LSCC (Lattice Semiconductor Corporation) showing signs of going higher. It recently broke out of the ascending triangle resistance around $58.38 but not with more volume than average. Fundamentally: The company's been doing pretty well with its earnings growing consistently year-over-year. Looking at technicals I think the price will go sideways in the coming...

HaseebKhan_90

LSCC broke the decade long resistance of $41.31 in November of 2020 and has used that price as support since. After breaking its all time highs from the 2000's LSCC has been forming an ascending triangle. As we can see LSCC was recently rejected from the $57.60 to $58.38 range which were it's recent highs and it has been using the white trend line as...

HaseebKhan_90 Updated 

EPRT has been on a steady rise since the crash of March 2020 and now it's challenging the all time highs from February 2020. Fundamentally: * EPRT's expected to deliver a year-over-year increase in earnings * This may cause the price to go higher and make new all time highs Technically: * EPRT's approaching it's all time highs and is expected to break above...

HaseebKhan_90

JBL, an electronic components company, is approaching resistance that dates back to more than a decade! This is huge! When multi year resistances break you can be sure that the stock is going to shoot to the moon. Looking at the price action on the weekly or even daily, it seems like this may approach or even break above $59.88 in the coming week. Trade...

HaseebKhan_90

CMCSA has been forming an ascending triangle since March of 2021. With a Beta of over 1, the clear up trend on the weekly and even monthly makes sense. With a Payout of 36.80% CMCSA guarantees a lot of room for growth and further dividend increases as well. Technically: * Looking at the price action over multiple time frames it seems like CMCSA may be breaking...

HaseebKhan_90 Updated 

Recently INVH had an explosive break out from the $38 resistance. With tonnes of volume following even after the break. Now that volume is slowing down, it seems like INVH is in consolidation mode again. Will it give another leg higher? No one can be sure; but judging from the technical performance $39.50 seems to be support. Thoughts: * Volume is relatively...

HaseebKhan_90 Updated 

AMAT is in a coiling pattern that extends from March 2021 and may be looking to break out now. Fundamentally: * AMATs sales growth quarter-over-quarter has been more than 30% * Its EPS is expected to grow over the coming year Technically: * AMAT is in a pennant pattern indicated by the white trend lines * Recently broke back above a resistance of $135.34...

HaseebKhan_90 Updated 

I last discussed this July 1st, 2021. I mentioned how I thought this would come back and retest the $114 area. Since then it's given multiple buying opportunities around $114 and now it has finally broken out. Question now is, can it hold? WMS has broken out of the resistance zone of $117.90 with relatively more volume but I still think it's not enough. Trade...

HaseebKhan_90

ACC is currently challenging 2019 highs. July 20th 2021 printed a bullish engulfing candle and now volume is kicking in. Notes: * Earnings per share is expected to increase over the coming year. * Making new 52 week highs * Increasing volume coming in near resistance. Trade idea: * Look for a weekly close above $50.94 before entering * A rejection from $50.94...

HaseebKhan_90

I last spoke about DXCM when it just broke the $423.40 range and said it would take weeks to reach and challenge the all time highs. Fast forward 3 weeks and here we are. Trade idea: * Look for buying opportunities in the $423.40 to $430 area OR * Wait for another weekly close above $456.23

HaseebKhan_90

With earnings coming up later this week, July 29th 2021, it's likely that LKQ may break and confirm the inverse head and shoulders pattern it has been forming since May of this year. A daily break and close above $51.52 would confirm that the price wants to go higher and the target for this pattern would be around the $56.92 area. Trade idea: * Wait for a daily...