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...
NASDAQ:TLT The bond market seems out of its mind. We are basically less than 5% from the peak of the Fed's rate hiking cycle. Pretty sure funds are shorting it. Currently, it is sitting on critical support. It's possible that this may be the bottom. 👀 As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
NASDAQ:AMD Bag holding? Painful? 😂Well we might see some relieve. MACD just crossed bullish. There is a chance that it could run to $130 to $131 near term. 👀 As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
AMEX:SPY It's still too early, but there's a chance this could develop into a head and shoulders pattern. Will the right shoulder form?
NASDAQ:RKLB has pulled back to the support area. If this triangle plays out, we could be looking at the $28 to $30 area. However, if it fails, we might see a drop to the $20 area. 👀 What would you do?
NYSE:IT is currently siting on a support. Sure, you can get an oversold bounce but I am not so sure it can get a sustain recovery. There is a chance that it could see a drop to $54 - $49. As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
OANDA:XAUUSD Have you ever seen a "cat ears pattern" in a chart as it happens? Now is your chance to see how a cat's ears pattern plays out in real time. 👀 The pattern is rare and most people are not aware of it. #Gold
NASDAQ:NVDA hits target 4 precisely and has since pulled back. It is currently trading around the support region. There is a potential head and shoulders pattern forming with the neckline around the $132 to $130 area. A full measured move upon neckline breakdown is $117. The midway support is $126. Bear in mind, just because a pattern is forming doesn't mean it...
NYSE:NKE Don't forget earnings next week. The street is quite bearish on this stock. There is a possibility that it could be met with selling pressure as fund managers rush to do year-end window dressing and tax loss harvesting. So watch out and be ready if you are bullish on the company. As always, I share my opinions and trades. I'm not suggesting that anyone...