NASDAQ:PYPL Closed most of my positions for a profit, during yesterday's run-up to the resistance area. It often pays to take profits near major resistance levels coz you never know how bad the rejections will be. I'll reload if it drops near or below $60 again.
NASDAQ:SBUX I don't think the ER was good enough. But the market will do what it wants. I will be interested in making an entry if we can get around the $65 area.
NASDAQ:RDFN Redfin did a successful breakout and retest from a triangle. As stated in Jul 12 post, watch $8.50 area for confirmation. The measured move is $13.90 area.
NYSE:PINS Pinterest sold off hard on weak guidance after hours. It could be a good bounce play if we can get an entry at $28 or below. 👀
NASDAQ:SOFI posted a great quarter and guidance. I like the chart setup. This will finally break the $8 to $8.20 resistance, going to $9.10 and eventually to the $12 area. Targets from previous posts remain unchanged. 👀🚀 It is a broken stock not a broken business.
NASDAQ:PYPL PayPal is scheduled to report tomorrow. The street has low expectations. I believe it has the potential to launch to the $64 to $67 area after the earnings report. 🙏🚀
NASDAQ:SOFI A breakout above $9.10 (resistance #2) confirms the wedge breakout, with a measured move targeting $12. However, it needs to overcome the $8 to $8.20 hard resistance area first. ER is on Tuesday. 🙏🚀 I had a wrong chart in my previous post. Here is the correct chart.
NASDAQ:RKLB If it retests the $5.80 to $6 area resistance again, there is a high probability that it will break out this time, with the measured move targeting $8.🚀💰
NASDAQ:PYPL Damn! Is this a broken stock or a broken business? Since Apple's WWDC Apple Pay announcement, the stock hasn't been able to catch a break from selling pressure, and it is getting worse. After 3 years of selling, you would think the sellers would be gone.
AMEX:SPY If the trendline fails, a visit to $524 is possible. 👀
NASDAQ:QQQ could see further decline into the $454 - $450 area to check back on the trendline started back in October 2023. It is also the 10% drawdown area from its all-time high. 👀
NASDAQ:RKLB The support is holding so far. It is critical that this support holds. If not, here are the support levels below: $4.93 $4.66 👀
NASDAQ:MARA failed to pivot. It sliced through the support like butter. Flag invalidated. #Bitcoin could see price pressure from Mt. Gox bitcoin distribution to creditors. Just watching for now. I might pick up a trade if we get $19 and below.👀
CRYPTOCAP:BTC You see that ☕️? Yep. If it materializes, we are looking at $120K price target. Near-term target 80K. 👀 NASDAQ:IBIT NASDAQ:MARA NASDAQ:HUT NASDAQ:CLSK
NASDAQ:AFRM is currently trading in the support area. The risk/reward looks attractive here with a stop below $27. Targets: - $33 - $36 - $39 - $43
NASDAQ:PYPL I think it is due, wouldn't you say? Watch $62 for a cup and handle confirmation. 👀
NASDAQ:RKLB has only traded above the current resistance level of $5.80 to $6 twice since 2022. It has failed to break through this level seven times over the past two years, making it the most challenging resistance level to overcome. For the bullish trend to continue, the stock must hold above the current critical support level. Many stop-loss orders are...
NYSE:HIMS Hims is losing momentum in a big way. There is a possibility that it could drop to $15 - $14 area. Here are support areas to watch: - $18.50 - $17 - $15