Rocketman

Rocketman

The iShares S&P 500 Value ETF seeks to find and track undervalued companies relative to those available in the universe of public companies. Technicals: Retracement to 61.8% weekly Engulfing Bullish pattern at support Confluence of horizontal support and fibs and market reaction uHd Weekly Snapshop: Speculation: A repeat of the bull rally of Q4 2023 will...

Rocketman

Comments: For me, MicroStrategy is a purely technical and seems to track bitcoin more than its underlying product. It reach the year 2000's all-time highs. Technicals: Weekly Zoomed In: Weekly hammer with volume at the 50%-61.8% fib level Weekly Zoomed Out: All-time highs 5EMAs strategy RM KJ Trend Bounce ADX extra confirmation Bounce from horizontals...

Rocketman

Technicals: What appears to be an H&S looks like the hallmarks of a fake H&S by my standards. The market instead is going flat and positioning itself for a rise to 160,500 by the end of 2025 and 300,000 by 2026. This is also similar to Michael J. Saylor's trend of thought that Bitcoin will rise about 20% to 35% every year going forth. Daily: -Fake...

Rocketman

Short thoughts: Branching out with a stable rider fundamentally and technically. Observation: November 2024's engulfing candle pattern + breakout with a pb into the box with heaviest volume of the year. bought...

Rocketman Updated 

Technicals: Diagonal trendline support Dragonfly doji at 78.2% fib support and horizontal support with d3 volume Weekly cup-with-handle pattern Good buy before elections

Rocketman Updated 

Fundamentals : Russia's exports fell sharply after the invasion in 2022. Russian trade surplus continues between exports and import has fallen in the last 18 months. "...the limited number of potential buyers for Russian crude and refined products increased their bargaining power, allowing purchasers to demand greater discounts to the global market"...

Rocketman

SMCI had a stock split, so I have to update this chart. Light Fundamental: It is a stock called SMCI (or Super Mico Computer). It is a US company that makes super powerful computers and servers. The world needs servers to help run things like big websites, apps, and AI. The stock price fell by half. So, it is selling at a discount for what it is really worth....

Rocketman

Light Fundamental: It is a stock called SMCI (or Super Mico Computer). It is a US company that makes super powerful computers and servers. The world needs servers to help run things like big websites, apps, and AI. The stock price fell by half. So, it is selling at a discount for what it is really worth. So, it is a good chance to buy it. Technicals:...

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Rocketman

SMCI, HUBS and META are bottom buying Opportunities in Q4'2024 before the US elections. This video covers three stocks such as SMCI from a technical perspective with a hint of fundamental and thematic thought process. SMCI (or Super Mico Computer) is a US company that makes super powerful computers and servers. The world needs servers to help run things like...

Rocketman Updated 

Observation: The S&P 500 Equal Weight ETF has been consolidating since April 2024. The price will enter the apex of consolidation in July through August, coiling for a breakout at that time; if not, the market will delay until US elections in November. Daily view: Daily consolidating since April 2024. P-like wave Weekly view: Weekly pullback to the box of...

Rocketman Updated 

Fundamentals: Helps businesses that depend on physical locations harness IOT data. Not the best stock in my own strictest sense, but a relatively ok one. It meets a general criterion. It is not a superstock in my book, though. Techncials: Shallow pb after a kijun trend bounce Triangle breakout with good volume Making all time high with good fundamentals

Rocketman

Crypto: I, personally, do not like crypto, but I like the chart of Dogecoin. I am playing it small while focusing on stocks. Technicals: -After a 4 to 5 weekly drop in Dogecoin (from May to June), Dogecoin also formed a weekly NR4 or NR7 bar. -This weekly bar is also a doji. This doji appeared right on top of weekly horizontal support from April 2022 and...

Rocketman

Fundamentals: This company is growing and almost matches my criteria. One thing that I observed was the accelerating sales. Its demographic of customers seems to be between ages 21 and 40ish; however, this can extend to any age in the future. Technicals: Weekly: stage 3 ichimoku with uHd and HHHL. Daily: First pb of new trend stage 3 ichimoku of a shallow...

Rocketman Updated 

Fundamentals: CONY is a covered call strategy. If bitcoin collapses again, the CONY will go bust. It could turn into a dividend trap. It is highly speculative. However, if bitcoin propels forward or goes sideways, then these two scenarios will be best for CONY. Technicals: Plan: To trade CONY buy observing health signals from bitcoin (BTCUSD). Theory:...

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Fundamentals: RYAN (Ryan Specialty Holdings) is a super stock in my book. The balance sheet is booming off the charts with accelerating earnings and sales. It is in a healthy industry and has great cashflow. Some off-loading of funds for a quarter, but that is probably temporary. 73% return on equity. Technicals: Daily: Technically, on the daily chart,...

Rocketman Updated 

Warren Buffett just bought this stock called CHUBB (stock symbol is CB). Here is my chart with a new buy signal on Friday. You can visually see that it will move up. And with Warren Buffett piling in, you have a whale on your side if you throw money at it and hold for the next 5 years. www.forbes.com

Rocketman

DAILY Russel 2000 ETF (IWM) cup-with-handle pattern A break above 210.60 in June will send it flying to 232 by August 2024. Weekly: Weekly stage three Ichimoku crown pattern Daily: cup-with-handle pattern first pb of new trend 5emas-macd pb Ichimoku stage 3 with "FLY" bounce off cloud pattern

Rocketman Updated 

Fundamentals: Microsoft has had a good three-year growth record, but its group is weak, which can drag the stock. Sales have been accelerating recently and earnings meet my criteria. It has good sponsorship. Earnings stability is very healthy. Earnings is out in seven days. Technicals: Bat Pattern Retracement 2023 diagonal trendline Clear higher highs and...