ItsJust_Kess

ItsJust_Kess

Bitcoin has displayed some characteristics that would line it up with a potential pullback in price. I have my eyes set on 70k for the time being - it might not see that low but that was the start of the rally to 100k+. I think it would be a great opportunity to look to invest in there if you missed the original pump.

ItsJust_Kess

This name is on track to have one of the best YTD returns since 2015 - it also has been on a 2 year run returning over 200% gains in that span. Insane times to be a Netflix investor.

ItsJust_Kess

Oil is in a cool spot right now where bulls have and are continuing to buy the dip around $67/brl. If this continues this can be a local bottom for the winter IMO as crude seasonally has a strong December/EOY. Seasonality doesn't always have 1:1 correlations but over 30 years it has shown a strong positive correlation to an upward move in Oil and energy.

ItsJust_Kess

Shorter term outlook as we seem to be losing a little momentum at these highs with the rounding top look. Exhaustion might set in and what took so long to build can be taken away with an elevator rider back down. Not calling top, just playing with the idea here.

ItsJust_Kess

IWM/RTY (AKA the Russell 2000 Index) has been really struggling to keep up with it's peer group of major market indices. However, with a tightening range and a reason soon (lowering rates) to get a push higher in growth, I could see this pushing back up and making new highs. When will we see new all time highs here? Not sure but it has to happen at some point...

ItsJust_Kess

NASDAQ:NVDA is looking perky to close out the day with potential to see a nice breakout continuation this week. Tech has been seeing a nice boost as memes slowly die off today. A breakout over 922 is a good trigger mark to look for upside.

ItsJust_Kess

NASDAQ:SOFI looking to repeat the structure of frontloading an important pivot. At a large volume shelf that could potentially be a launch pad higher. Such a similar structure - it will be fun to see if this breakout from here or fakes us out.

ItsJust_Kess

Keep an eye on 493.50 tis week as that was an important support. If it gives then I would image some love for buyers will be found around that demand volume shelf in the high 480s. If no love is found there then the 470s demand zone will likely be the target for now.

ItsJust_Kess

NYSE:LMT retraced nicely to the breakout spot where we saw the trendline break and that 454 level break Bouncing well today but would like to see some volume come in to help out this retest see a continuation back up towards the 464 resistance

ItsJust_Kess

$CL_F looks like - to me - there is another leg down in store that will bring it down to the mid to high 50s range My gas tank and wallet would surely love this to pan out lol Plus, we should see some action here this election cycle IMO

ItsJust_Kess

A pretty bearish setup on oil that has developed the past few months with the head and shoulders breaking down last week below 77.5 and nearly tested 74. I have a bearish target set at the 67-64 range from here... my gas tank would like that.