Needlez33

Needlez33 Updated 

This is the prettiest chart i've seen this month. It seems to be respecting geometry well. Let's begin at the first impulse wave on 3/23-4/28. After that, PFE went through a distribution period through the month of May. It broke down from there to a correction wave (falling wedge) then broke out to another impulse wave. It looks like the beginning of the 5th wave...

Needlez33 Updated 

It damn sure has support at $170 but all the oscillators, decrease in volume, and descending triangle formation is showing me a bear if i ever seen one. I think the military contract they signed will help them in the long run but next week or 2 i see this dropping out of the sky. Resistance at $190.

Needlez33

It broke out of a descending triangle and if there's any company profiting during this pandemic it should be reasonable to think the company manufacturing PPE is doing well. We'll see in earning's on Tuesday. I think the trend will continue...

Needlez33

Being called Tesla's rival definitely has it's perks. It does imply that $NIO is extremely undervalued triggering FOMO like a mf. The daily was tough to chart for me but the weekly screams an impulse wave in the works. It looks like it can hit 30$ by November but beware the incoming retracement in the next month... or just hold.

Needlez33

Here $ABT broke out of a bull flag and had boosters from ER results. I can see this easily hitting $103. It found support at 97$. I can't see what bad news this company will receive in the coming weeks. Solid products and one of the market leaders in covid and diabetes testing. IMO this will eventually be a $150 stock.... Just not next week lol.

Needlez33

Seems like $DPZ has been consolidating all week but today it broke through the floor. If this falls through 375$ next support is 362$. After that it's $300. I'm personally executing call credit spreads until i spot a reversal. This company will not go bankrupt but it seems like its going to get worse before it gets better. Trade safely.

Needlez33

The chart shows that $CMG is breaking out but i think it will be a false one especially after ER today. I think they have not been doing well during this pandemic and it will come to light AH today.

Needlez33

Here we see $GE breaking out of a falling wedge and now forming a descending triangle ahead of earnings. It looks like a lot of pressure is coiling especially when i see that this stock has one of the highest volume on options today. A lot is being wagered that this will be going up. The indicators also seem to all be bullish. I'm in for the short term. The floor...

Needlez33

$DPZ tried breaking out of resistance 3 times already and it finally did with earnings on thursday. What i suspect happened on Friday was a pullback to test previous resistance which may be the new support. This one I'm watching closely on Monday. While the volume is lower than i'd like it to be and the oscillators are pointing down i think a significant buzz is...

Needlez33

Seems like a symmetrical triangle formed and within it i spot an inverse head and shoulders. Great for a call credit spread at 100$ if you can get a good premium. The ceiling is solid!

Needlez33

This chart looks super bad! If it breaks support i can see this dropping to 70$