Hood pullback is a gift, low 20s offer a good buying opportunity (first green horizontal already hit), i will buy more if it dips further. I am playing this for move to the high 30s.
The GLP1 breakout happened in the 12.60-13 area, all the news that moves HIMS is mostly GLP1 related. It would make sense for this area to be tested. With all that said, i'm still long, and will be very happy if this handle formation breaks to the upside and HIMS begins to take out these red horizontals. IF the green horizontals get tested i will wait for support...
I'm expecting crowdstrike to top out around here. Am i short... no, i've actually been doing a weekly DCA buy for sometime because i believe in this company long term. The green horizontals are layed out as nice spots that i will increase my DCA or make a larger one time buy. I'm not expecting all these to hit.
I think this bounce in CRWD maybe coming to an end as it's pinned against a big monthly level. If the earnings report gaps this then that level will be an important level of support that should be tested. If CRWD fails at this level then it's possible to test $180. Either way, i'd use caution going into earnings.
I was looking at the ES1 (spx futures) and noticed that basically every gap has been filled when looking at Monthly candles. There is one small spot at 1700 that is open (30 points or so). ES1 currently has a very large gap starting at 4600. I believe this will get filled eventually, although it could be years from now... But it is something to be aware of.
The SMH likes to check up on the 50 month moving average every 2.5 years or so. It has gone 20 bars since it's last check, so i would expect a test within the next year to 16 months.
Am i the Hims FURU? Maybe... I like it here at $21.50 and believe it's going much higher, the stock isn't even expensive yet. I know a few people taking their GLP-1 compound with great success and no bad sides. Adding shares at these levels: - 21.50 - 19.30 (Monthly level)
If the analyst hate this at $26, they are really going to hate it at $35... but they will tell you it's a great buy in the 80s....
I'm looking for the green levels to add, i really like the area in the mid 140s if it hits.
Pltr looks ready... it's go time baby At first glance, it may look as if these horizontals are just casually thrown around, but i assure you these are surgically placed monthly support levels which will be tested. Green = Support Red = Resistance I expect a move to $25 soon
LULU is getting very close to an attractive buy point. I actually like it right here and now... it's close enough to start building a position. I especially like it at the two green support levels, which line up well with the 200 week (an area i love to buy quality name brand stocks).
I am starting a DCA on hims, i will be adding as each support level hits (green horizontal). I think this is a good healthcare stocks with growth. The red horizontal is major resistance, once that breaks on a weekly close i will add as well.
Shopify is coming into an important close this week. A close below the upper weekly bollinger band 1 std would signal a deeper sell off is likely. All previous closes below that upper band have led to a correction to at least the mid BB, which is currently 70.70 (moving up). This could be a key indicator in telling if Shopify has already bottomed.
Above horizontal supports = Bullish Below horizontal supports = Bearish It's that simple
Nvda likes that 200 week moving average, i wouldn't be buying when it's trading this far away from it. Look for these two to meet in the future (no it won't be tomorrow...)
If 165 holds then i would think tsla has a bounce to at least 210 in store. If 165 breaks i see 113 being tested.
i'm looking for levels to play out, if daily candle close over red then no good...
Do i like apple, not really... but it's hard to be very bearish when magic beans are 60k+. I would expect apple to bounce soon from one of these green support levels.