% Google translation. Please understand.
IREN has three scenarios.
1. Stock prices break out this week.
This scenario is relatively high risk. This is because it is difficult for him to be sure that institutional investors would have bought the stock through sufficient adjustments.
In this case, it is recommended to invest only a small amount and set a tight...
I tried a handleless cup pattern and failed. For now, it looks like it's forming a new handle. However, the high volume at the handle is a negative factor. On the weekly chart, however, the little change at the closing price is a positive factor. It could be proof that someone is buying in a certain price range. This pattern was seen in 2023. If it breaks out...
Some people are looking for cup-and-handle patterns as daily charts. They are not wrong. But they often overlook the duration of the pattern. In short, less than three weeks is too short. These patterns often come back down easily even if they break out like today.
If anyone asks me if this is the ideal time to enter, I will say no.
But I'm not pessimistic...
%using Google translate
The ideal time to buy was when the stock price was $8.56. There are signs that institutional investors have been purchasing additional stocks for three weeks. It's a little late now, but if you're lucky, you might see decent results. If possible, invest only a small amount of money at a price lower than $10.05 and take a tight stop loss.
% Google translation. Please understand.
Analysis was somewhat delayed.
The most ideal buying point was $43.12, the handle of the cup.
PINS broke out with a trading volume that was more than 70% higher than the average at the time.
But that doesn’t mean there aren’t still buying opportunities.
If the stock breaks $45.01 this week with higher than average...
If the weekly closing price exceeds $58.49 with higher volume than the previous week, buy the stock. NXT's relative stock strength is improving, earnings are excellent and market conditions are favorable for the company.
The ideal time to buy was when the stock price was $11.77. It's a bit late now, but if you're lucky, you might see decent results. Invest only small amounts of money and keep your stop loss tight.
If the stock price exceeds $18 with high trading volume, it may be a good idea to purchase additional shares.
Netflix looks like it's forming a cup-and-handle pattern.
But there's a mixture of positive and negative elements here.
pros:
The cup base is not deep (-16%)
Handle is not deep (-6%)
a period of only nine weeks.
a winner of the OTT market.
cons:
Stock trading volume is continuously falling.
(Transaction volume had to rise significantly, at least just before...
% Using Google Translator. Please understand.
As of now, NU is showing a typical institutional(or market maker anyway) acquisition pattern.
I am writing down a small tip regarding this part.
NU has been forming a tight weekly close around $11.7 for over five weeks following dramatic volatility following its earnings release.
At the same time, during the first...
The SMCI gives us a good indication of what the end of the rally looks like.
The SMCI has gained as much as 66% over the three-week period, and the difference between the weekly highs and lows has been very, very large.
Since then, the stock has tumbled more than -45%.
The stock has since rebounded slightly like a rubber band, but has returned to a downward...
ARM is rebounding from Nvidia's strong performance.
So far, it seems to be forming a cup without a handle. But it can form a handle at any time.
For the former, $164 could be the ideal buying point. But personally, I would like ARM to form a handle.
Because ARM's cup base is too deep (-48%)
Furthermore, as of last quarter's report, it is also concerning that...
Cup pattern with high handle. Buy if the stock breaks above the buy line with high volume. The first buying point was on the day of the earnings announcement.
