Matt_odology

Matt_odology

NFLX has been moving within a smaller range for quite an amount of time, and the breaking of the uptrend line also signals a nice buying opportunity with significant upside. Several technical indicators such as MACD, SMAs, and boilinger bands support the bullish hypothesis for NFLX as well. Trade safe and trade wise!

Matt_odology

Nice break of high and retracement to said high. Stop loss could be set tighter below the high, and entry at opening price should be just nice. Projected TP of roughly 5-10%.

Matt_odology

As the week closes, it has been a relatively fruitful week. I would review the trades I posted about during the course of the week and hopefully everyone can learn from my mistakes (or successes!) PLTR: Shorted at open on 30 nov at 28.24, took profit on 3rd dec at open of 23.55. That leaves a profit of 16.6%. Could have done better if i took profit on 2nd dec,...

Matt_odology

Nice wedge pattern as well as high sales forecasts bringing about a breakout on AAPL! Upgrades by various analysts on AAPL as well. However, I would exercise caution as AAPL does not have much of a catalyst going forward. However, I still feel that a nice position trade here would work out well in our favour. Will update here on how it goes. Entered yesterday at...

Matt_odology

Throughout the entire market boom since March, I have not put into any thought with regards to trading Tesla. With every move up, I would think about how this move would be unsustainable as compared to other companies with established businesses and nice trading opportunities. However, I feel that the S&P inclusion creates an opportunity for me to right my wrongs...

Matt_odology

PLTR is overall a great business in its field. However, this current rise is unsustainable. Furthermore, there is an increase in short interest on friday. Would short this to a price target of about $19-$20. Might consider a long afterwards because I do believe in the business!

Matt_odology

Three white soldiers candlestick formation seen, signifying the end of the correction. The market then sold off, but the losses were almost immediately recovered the next day, showing that there is still further momentum for this stock despite the large price movement. Additionally, TGT's earnings reports were spectacular this quarter, showing robustness past the...

Matt_odology

Buy on break of resistance. Nice double bottom formation, with a 20% upside from the swing high to the swing low. That works out to roughly a $256 price target.

Matt_odology

Respect of lower orange trendlines above the double bottom shows bullish sentiments. If it breaks out from the current price, the approximate 15% upside would mean a $100 price target.