NASDAQ:NVDA is likely to check back the trendline tomorrow. However, if the trendline fails to hold, it could fall to the $101 to $95 area. I'd be interested in loading up if it reaches $95 or below. 👀
NYSE:HIMS This is it, folks. It’s a make-or-break moment for Hims. It’s right on the trendline. Compound drugs are on borrowed time. I never understood the bull thesis on this company. Growth means little when the drug policy that allows for that growth is at risk. 👀 As always, I share my opinions and trades. I’m not suggesting anyone follow my trades. You do you.
NASDAQ:QCOM It’s still early, but Qualcomm might be on the verge of forming a head and shoulders pattern. However, remember that this pattern only confirms if the price breaks below the neckline. Currently, the right shoulder hasn’t formed yet. Keep an eye on the $157 area for confirmation. 👀
NASDAQ:AFRM Affirm is heading into earnings tomorrow at a critical juncture, right at the point of control and the descending wedge trendline resistance. This resistance is crucial and could make or break the setup. Needless to say, the earnings report will determine what happens next. I'm hoping to see a breakout to the $37 area after earnings. For more...
NASDAQ:RKLB : Today's candle looks really ugly. We need to keep an eye on the critical support area between $6 and $5.80. If this area fails, the stock could drop to the $5 to $4.80 range. However, if the stock can hold that critical level, it may consolidate between $7 and $5.80. This is why I took profits on the run to $7. Now, I can redeploy the capital as...
NASDAQ:SOFI Rejoice, folks! We’ve got a Rising Three Methods pattern from last week. 🚀 There’s a strong chance we’ll see the price push above the $8 level. Check out the price targets I posted on August 18. As always, I share my opinions and trades. I’m not suggesting anyone follow my trades. You do you.
NYSE:SNOW Snowflake hit the first target before earnings 🎯. It’s now back in the buy area post-ER and seems to be checking back on the trendline. Earnings can always be a risk factor, and they can make or break a setup. The $122–$120 support has now turned into resistance. It’s not out of the woods yet, but this might be a good area to start accumulating. RSI...
CRYPTOCAP:BTC #Bitcoin don't forget ☕️. $85 K to $110K measured move. 🚀 As always, I share my opinions and trades. I’m not suggesting anyone follow my trades. You do you. NASDAQ:IBIT NASDAQ:MARA NASDAQ:CLSK
NASDAQ:RKLB bounced off VWAP and reclaimed the $6.60 level, which now acts as support. I’m still expecting the price to move toward $8 during this run. Keep an eye on the $7.50 resistance level. 🚀
NASDAQ:AFRM Affirm has potential for a breakout. It’s currently up against resistance, and closing above this level could lead to further upside. With earnings scheduled next week, there’s a catalyst in play. The partnership with Apple Pay could significantly boost transaction volume. Targets: $33 $37 $41 Support: $22 As always, I share my opinions and...
NASDAQ:SOFI SoFi has the potential for a bullish trend reversal. It’s trading within a wedge and is approaching a major resistance level. I believe it will break out above that resistance this time around. Targets: $7.90 $8.56 $9.20 $10.50 Support: $6 As always, I share my opinions and trades. I’m not suggesting anyone follow my trades. You do you.
NYSE:HIMS I posted on July 20 that HIMS was losing momentum significantly and could drop to the $15–$14 area. Guess where it is now? It's currently trading around $15—a 22% drop from when I posted. Right now, HIMS is sitting on its last support level. If this support fails and the trendline breaks, $12 is a possibility. I’ve never understood HIMS's popularity...
NYSE:DIS Disney is showing potential for a reversal. I'd be interested in taking a position, especially if it backfills the gap around $86.50. Targets: - $94 - $100 Support: - Around $85 As always, I share what I think and what I do. I'm not suggesting anyone follow my trades. You do you.
NYSE:SNOW is breaking out from a descending wedge, and the oscillators are turning up. Snowflake's earnings report is next Wednesday after the market closes. The market sentiment is bearish on the stock, so the question is, can they deliver on these low expectations? This one is risky, especially with a new CEO at the helm! Here are the targets: - $133 (decent...
NASDAQ:PYPL PayPal is up against critical resistance. I believe there's a strong chance it will break out this time. I'm long on this one. Targets: $72 $76 $88 Support: $60 to $58 As always, I share what I think and what I do. I'm not suggesting anyone follow my trades. You do you.
NASDAQ:MARA looks promising to me. The critical support held, and the oscillators are turning upward. I've been trading within this sideways channel. Fred is taking a page out of NASDAQ:MSTR 's Michael Saylor's playbook, so the stock could potentially run when Bitcoin moves up. Targets: $19 $21 $23 Support: Around $14 Again, I share what I think and what I...
NASDAQ:MARA looks promising to me. The critical support held, and the oscillators are turning upward. I've been trading within this sideways channel. Fred is taking a page out of NASDAQ:MSTR 's Michael Saylor's playbook, so the stock could potentially run when Bitcoin moves up. Targets: $19 $21 $23 Support: Around $14 Again, I share what I think and what I...
NASDAQ:RKLB Rocket Lab closed below the $6.60 resistance. The RSI just entered the overbought territory. The previous strong resistance area now acts as strong support. The measured move for the current base breakout is $8. Why do I sell into strength on options? Option premiums are inflated during an upswing. When the stock price stabilizes, even at the same...