NoFOMO_

NoFOMO_ Updated 

No need for a long explanation on why this is trading downwads, the largest IT outage in history sent the best performing Cyber Security company down back to earth. Does that make it a bad investment? Only time will tell, but it remains the best in breed company and in my opinion it's worth taking the risk. I entered my trade in the golden fib pocket and I shall...

NoFOMO_

ARM is way overvalued and the technicals don't look great. Not the cleanest head and shoulders pattern but I see one is forming and it should be confirmed, UNLESS we bounce at the golden pocket. I don't like the bearish diverences on the RSI, so I suspect we will continue to see this fall. Not a whole lot more to say here, be careful with this stock. It's a...

NoFOMO_

Interest rates are coming down, the rate cutting cycle has started in the EU and the UK. Time to look at the best defensive stocks out there. Reckitt Benckiser is close to the top of my list for the following reasons: 1. High divident yield - 4.51%. This will soon be higher than having money parked in a savings account. 2. Low market volatility and recently...

NoFOMO_

Bill Ackman has been loading the boat on Nike. I did advice you guys to also start loading, whilst all the analysts became bearish and the media outlets spout their usual nonsense. This is the second American super brand, after Starbucks, subject to an activist investor seeing value and exerting pressure on the senior management. If you refer to my earlier...

NoFOMO_

Potential bounce at the monthly but I wouldn’t touch this until we break the downtrend on the RSI. I think we are more likely to see a touch of the Naked Point of Control, there’s a lot of volume there around the $65 level and buyers should step in. This is worth keeping an eye on if you’re trying to bottom fish. Just don’t catch the falling knife right now, you...

NoFOMO_

Bearish divergences on the weekly, rising wedge pattern with declining volume during this move up. Stop loss set above the weekly in case it rips. Not financial advice

NoFOMO_

Beaten down heavily due to a slowdown in consumer travel. But this is a very good long term growth company that has a strong moat and good free cash flow. Not the worst place to open up a position if you’re happy to employ the dollar cost average approach. I went long at the dip. We were at the VAL and the weekly. Stop loss just in case it turns bearish, which...

NoFOMO_ Updated 

A leverage play to the EV market. Fundamentally the stars may align for this semiconductor business, as the EV market might be bottoming. The price looks weak, however, we are coming off lows and the selling volume has declined. Price needs to break above the 0.786 and move towards the golden pocket. I suspect it's the end of the corrective wave 5 and the start of...

NoFOMO_ Updated 

IMX at a critical point here. If this head and shoulders pattern plays out we can fall another 33% to that $0.80-$1 level. I’d be looking to buy spot and holding out for an alt season. Plenty of support in that region, if it does get there.

NoFOMO_ Updated 

Jensen told us to get bullish on Dell, whilst Michael Dell has sold over GETTEX:2BN in shares. This is how whales dump their stock to retail, who become bag holders at the top. Sorry to disappoint you if you are a bull, but why would the man behind the company sell off such a significant portion of his holdings? He clearly knew it ran up to hard and too fast....

NoFOMO_ Updated 

Bears remain in control of Celsius. I did warn this could result in a catastrophic sell off if the bounce failed, which it did. The writing was on the wall for the following reasons: - textbook double top pattern marking the peak of the super cycle. - lost the 50 and 100 SMA on the weekly - failed to recapture the 0.2336 Fib during its retrace. - lost the $50...

NoFOMO_

I’ve been waiting a long time for this trade. Be careful out there, stop put it if necessary. Don’t get wrecked but this could be a good opportunity

NoFOMO_ Updated 

Maker’s DAO token looks ripe and ready, breaking out of the handle (cup and handle) and out of the value area high, into a new range. Good volume kicking in and a strong reaction off the golden pocket. Not financial advice but it looks like it’s heading to $3000 very soon.

NoFOMO_ Updated 

Affirm is coming after PayPal’s BNPL market, Apple Pay integration later this year should start to translate to higher revenue in 2025. This stock was crushed when interest rates increased aggressively. As we approach the end of that cycle, Affirm will probably sky rocker in value. Now to the charts, massive cup and handle pattern forming on the weekly. Failed...

NoFOMO_

Luxury brands have been all dropped off hard. Burberry fell off a cliff, Estée Lauder has been in a free fall. Chinese customers not spending as much. Alcohol sales also slowing which contributed to LVMH posted disappointing earnings. So why hasn’t it dropped so much? We are being held up by a strong weekly level of support and the golden Fibonacci ration, this...

NoFOMO_

Monday 8th or July (as indicated on the chart), there was nothing that Crowdstrike as a company could do wrong. The stock had rallied to new all time highs in the market. Little did anyone know that 11 days later they would cause the largest IT outage ever and their share price was about to get crushed. Or did they? Im arguing here it was all the charts on 8th...

NoFOMO_ Updated 

Trade the range until it breaks. We appear to be bouncing endlessly between $50-70. A nice retrace to the golden pocket, a good reaction and hence trade activated. Tight stop loss just in case the trade fails. This is not financial advice, if you don’t like the idea then find something better to do with your life instead of trolling the comments

NoFOMO_

Sofi is peaking its head above the resistance level, held down by two Fibonacci pivot points. I’d like to see it break above $7 with high volume, that would mark the end of many months of lower highs and lower lows. Definitely keeping an eye on this one. I would have liked it to have touched $6 but buyers are stepping in and we are trying to reclaim the golden...