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...
NASDAQ:ASTS is the most overbought it's ever been! Sure, momentum and short squeezes might keep it afloat for now, but if you're buying this stock at these levels, may the stock gods have mercy on your soul! 😂 Who knows, maybe it'll become the next meme stock and skyrocket to $300 on a continuous gamma squeeze. I am fully aware that I might be setting myself up...
NYSE:BABA Alibaba is reporting tomorrow morning. It's make or break for the cup and handle pattern. A full measured move for the cup and handle breakout is $87. Targets: $84 $87 $90 Support: $77
NASDAQ:TLRY Looks good for a potential triangle breakout. Targets: $2.62 $3.37 $4.43
NASDAQ:RKLB Reminder: Rocket Lab is still in stage 1 and is forming a huge bottom. Well, you know what they say: the bigger the bottom, the higher the bounce. 🚀😂 If you know stage analysis, well you know what to do here.
NASDAQ:AMD AMD came down to the $121 area I mentioned in my April 19th post and bounced from the trendline as expected. 🎯 The oscillators are turning up, and I think this bounce has some legs. 🚀
NASDAQ:CELH Celsius Holdings has completed a full measured move for the double top pattern. It closed the gap from May 2023, and with the RSI in oversold territory, it could potentially start basing here. I'm watching for a potential bounce play. 👀
NASDAQ:RKLB Critical support held. The candle looks promising for an uptrend continuation. MACD is about to make a bullish cross. I believe this will retest the $5.80 to $6 resistance area soon.
NASDAQ:SMH There is a risk of a Head and Shoulders pattern forming. NASDAQ:NVDA earnings could determine the direction it takes. 👀
AMEX:IWM Remember the July 21 post where I mentioned we might check back to the $210 area, and then a week later, I thought the shooting star was invalidated? Well, guess what? It even dropped below $210. It was just delayed by a week. 😂 $200 or below could be a good reload area.