NASDAQ:HOOD is breaking out from the ascending triangle. The $49 area is the next target. I added new targets to the chart. Let's hope we hit all of them. As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
AMEX:XLV it could bounce to $145 but that could also mean a potential right shoulder could form. There are other easier trades. Pass.
The NYSE:NET chart looks good. I have traded this before. I am watching to reenter. Ideally, I would want to see the MACD level off before taking a position. I think it is still early.
NASDAQ:AFRM hits the first target and has since pulled back. I am looking to re-enter around $50 to $48 area. 👀 As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
NYSE:FCX Here is a better chart. It is trading inside a descending broadening wedge. If it plays out we are look at $44 area. As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
NASDAQ:PYPL is trading inside a channel and currently sitting on a support. I re-entered with a small position. As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
AMEX:KWEB descending wedge play. Ideal entry below $27 but current level presents a good risk-reward. With China trades you would need to be ruthless in taking profit. As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
NASDAQ:RDFN redfin is getting close to buy area. 👀 As soon as interest rates ease this one could launch. As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
NASDAQ:RDFN redfin is getting close to buy area. 👀 As soon as interest rates ease this one could launch. As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
AMEX:IWM this is it. It's make-or-break time. If the 200DMA fails, we are looking at the $205 to $203 area. Knowing that, would you play for a bounce here?
NYSE:IONQ is sitting on a critical support. Losing support could drop the stock to $20 to $15 area. 👀 As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
CRYPTOCAP:BTC looks like it has entered into an accumulation phase and could be close to making a move upward. While it does look like it is forming a head and shoulders pattern, the neckline support area of $91-90K has been holding strong while MACD and RSI are leveling off. At the same time, the OBV and accumulation distribution are making higher lows, showing...
NASDAQ:SOFI broke below 50 DMA. Let's hope $13.50 to $13 area support level hold. 🙏 Can ER save it?
NYSE:NKE I re-entered with a new position. The stock is sitting on strong support. There's a chance it could drop to the $68 area. I will double down if that happens. As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
NASDAQ:PLAY - Dave & Buster's is trading inside a wedge. Both MACD and RSI are turning up. If the wedge plays out, the stock could see significant upside. Breaking below $26 would be pretty bad for the stock, so be aware of the risk. Target and support areas are shown in the chart. As always, I share my opinions and trades. I'm not suggesting that anyone...
NASDAQ:CRNC hits the upper trendline of the descending wedge on a recent breakout. If the wedge plays out, the measured move for the wedge is $81, suggesting significant upside potential. The $31 area is a hard resistance area to watch. Targets are shown in the chart. As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades....
NASDAQ:AMD has been an absolute pain-trade for me. I committed the sin of not waiting for the bottom signal and not managing risks when the trade didn't work. But things might be looking a little better. Both MACD and RSI are turning up, signaling that we may have at least found the bottom and there's a possibility of a potential reversal. 👀 See support and...