PaperBozz

PaperBozz

NASDAQ:TSLA Tesla looks good. The ideal entry is $186 and below. The measured move for the breakout is the $360 area. 👀ing. Targets shown in the chart. As always, I share my opinions and trades. I'm not suggesting anyone follow my trades. You do you.

PaperBozz

NASDAQ:NVDA I am paying the price for not following my own technical analysis (TA) and bought in way too early. The stock came down to $100.95, which was my initial buy area target in my Aug 28 post. What now? Well, I'm holding the bag and hoping for the best. Things are looking a little bit better if this triangle setup were to pay out. Once it gets above $110,...

PaperBozz

NYSE:SQ was rejected from the trendline, and now the support has broken. This is one of the reasons why you wait for confirmation before taking a position. Previous setup and targets are invalidated. 👀ing for now. If it drops to $52 to $50 gap close area, I would be interested in taking a position.

PaperBozz

NASDAQ:AMD bounced from the trendline. Targets from the August 14 post remain unchanged. We'll see where it is by the end of the week. As always, I share my opinions and trades. I'm not suggesting anyone follow my trades. You do you.

PaperBozz

NASDAQ:QCOM I posted on August 27 that Qualcomm might be forming a head and shoulders pattern. Look at it now. The right shoulder looks complete. It is currently sitting on critical neckline support. Remember, a head and shoulders pattern only validates if the price breaks below the neckline with multiple trading sessions closing below it. So, the pattern's...

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NASDAQ:SMH On August 12, I posted that SMH could be forming a head and shoulders pattern. Fast forward to today, it is close to forming the right shoulder. However, can the 200DMA, which has previously provided support, save it from breaking down? It remains to be seen. Like any pattern, a Head and Shoulders can be invalidated if it fails to break down below...

PaperBozz

AMEX:IWM I love this setup. We are looking at a cup and handle ☕️ with a measured move to the $270 area. Despite what market commentators say about a 50 basis point cut in Sept spooking the market, I think it is the opposite; I believe it will give a face ripper for small caps. As always, I share my opinions and trades. I'm not suggesting anyone follow my...

PaperBozz

CRYPTOCAP:BTC Bitcoin bounced from VWAP and trendline support as expected. It is not out of the woods yet until it reclaims the $60K area. I added to my NASDAQ:IBIT and NASDAQ:MARA positions when they came into the buy area. See August 31st post for details.

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AMEX:SPY We could be looking at a double top. I hope it doesn’t turn into a full-blown double top and reverses before breaking below the confirmation point. A complete double top would be disastrous, and I’ll post the drop target when we cross that bridge. Let’s hope, for the market's sake, that it isn’t one of them. Watch the $544 critical support area for a...

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NASDAQ:RKLB I’ve brought good news before, and it played out. Now, I have to sound the alarm for a potential inverse cup-and-handle formation. The MACD has crossed bearish, signaling weakening momentum. If this pattern validates, the stock could drop to the $5.50 to $4.90 area, which is where I’ll consider loading up again. 👀 As always, I share my opinions and...

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NASDAQ:HOOD There’s a chance that a head-and-shoulders pattern could form, but it’s still very early, and it may not materialize. The right shoulder hasn’t formed yet, and the neckline support at $17 would need to break to validate the pattern. With the way HOOD is executing, I don’t think this will materialize, but you never know. Technicals often front-run...

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CRYPTOCAP:DOGE Dogecoin is trading inside a descending wedge. The measured move for a wedge breakout is 16 cents. See targets, support, and resistance levels in the chart. As always, I share my opinions and trades. I’m not suggesting anyone follow my trades. You do you.

PaperBozz

CRYPTOCAP:BTC I bought some more NASDAQ:MARA and NASDAQ:IBIT last Friday. My next loading point for #Bitcoin is around GETTEX:54K and below, if it gets there. Why GETTEX:54K and below? Because it is where VWAP, the 50 DMA, and the wedge trendline converge, creating strong support. As always, I share my opinions and trades. I’m not suggesting anyone...

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NASDAQ:MU The stock has pulled back 33% since the July 2nd post. It’s currently sitting on support at a critical juncture that could determine a breakdown or a bullish reversal. Reclaiming the $99 to $100 area would be bullish, while losing the $94 area would be bearish. I’ll be watching this one closely and might be interested in taking a position around $90...

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NYSE:BABA It looks like a successful neckline checkback. There’s a chance it could head toward the second and third targets soon. The second target area of $88 to $90 is a strong resistance and might be challenging to break. I’m guessing that NASDAQ:PDD can no longer engage in cutthroat price wars or endless promotions and might be losing market share to...

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NYSE:CAVA The chart doesn’t look so good. It’s either headed for $97 or checking back to the $88 trendline. I went there to eat because of the hype, and all I can say is it’s an expensive Chipotle that doesn’t fill me up. As always, I share my opinions and trades. I’m not suggesting anyone follow my trades. You do you.

PaperBozz

NASDAQ:NVDA I bought a small starter position today, even though I mentioned that the ideal entry would be around the $95 area. I know, I committed a sin. Instead of waiting for it to come to me, I caught it in midair. 😂 Hopefully, the stock gods can find it in their hearts to forgive me. Anyway, I’m watching the VWAP and trendline closely for a potential...

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Block is another company that is up against the upper trendline of the channel. The measured move for a breakout is $80. However, it will have to break through the VWAP and 200DMA combined resistance around the $68 to $70 area. Targets: $71 $75 $80 Support: $62 - $60 As always, I share my opinions and trades. I’m not suggesting anyone follow my trades. You do you.