PaperBozz

PaperBozz

NYSE:NET is looking better. It is trading within a triangle pattern, and a breakout from this triangle could propel the stock towards the $92 area. The targets are indicated on the chart. Software stocks have been beaten down for so long. There might be a shift towards bullish sentiment. As always, I share my opinions and trades. I'm not suggesting that anyone...

PaperBozz

NYSE:SNOW is looking good. It's retesting the recent low and slowly forming a base in that area. The MACD is starting to turn. If it can break out above $133, it could run to the $157 area. However, even just from here to $133 would be quite an impressive run. Targets are in the chart. As always, I share my opinions and trades. I'm not suggesting anyone follow...

PaperBozz

NASDAQ:MSFT Another chart that shows a potential head and shoulders pattern. Remember, the pattern is only valid if the price closes below the neckline for 2 to 3 trading sessions. I am just going to watch and see what happens.👀 As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.

PaperBozz

NASDAQ:GOOGL It's hard for me to believe that Google's price could recover from here. The weekly chart suggests that it might have to retest that trendline around the $125 to $120 area. The broadening wedge breakdown is just getting started. The measured move for the full breakdown is to $120. 👀 As always, I share my opinions and trades. I'm not suggesting...

PaperBozz

NASDAQ:MU Micron is looking attractive. The ideal entry point would be in the $81 gap fill area. Not sure if it will get there, though, as the MACD is starting to turn. As always, I share my opinions and trades. I'm not suggesting anyone follow my trades. You do you.

PaperBozz

NASDAQ:AFRM I would like to reload Affirm if it comes back down to $33.50 and below. 👀 As always, I share my opinions and trades. I'm not suggesting anyone follow my trades. You do you.

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...

PaperBozz

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.

PaperBozz

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...

PaperBozz

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...

PaperBozz

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...

PaperBozz

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.