Back to Demand Zone $3.70-$4.0 Just based on the current market cycle we're in small cap stocks like RKLB stand to benefit. Needless to say that we also may witness Neutron, launching in 2025, which could be another major tailwind for the stock. But for 2024- $11-$12
Palantir has seen a steady decline after having breached the $20 level, late last year in 2023. Prices are down more than 3% YTD. 20 (D) & 50 (D) EMA crossover- Short-Term TGT: $15 200 (D) EMA We can expect a bounce from the $15, failure of this level will bring back the next main support @ $13.5. Prices will need to regain control above the 100 (D) EMA @ $17...
1.08340 level Final Target A possible retest of the demand zone If prices reclaim above 50 day MA, Next is 200 Day Ma
The narrative for higher for longer continues Powel did not signal rate cuts in FOMC meeting Gold- Short term healthy pull back expected
S&P 500 hovering- 50% YTD retracement level Trading below 200 day ma- first time since march Tight Stop loss- Healthy Take Profit Earnings Season- Magnificent 7 in focus
Price Target $350 level Will the magnificent 7 save the day? The earnings call today after market close will provide clarity
Gold has been overbought (daily) over the past few days and is starting to show signs of exhaustion. The pullback is expected towards $1950 and a possible retest of 200 day MA- $1930 Middle East War/ Geopolitical Uncertainty Priced In Tight SL- Healthy TP
Let the Chart Talk. Gold Upswing In Motion Eyes on the Prize
Wall Street Eyes Karp Upside Prevails-2024 DCA is your friend. Good luck
MMEDF (MIND MEDICINE) Mind Medicine- Just to share a brief break down of what this company actually does. They are a research & drug development company focusing on LSD, Psilocybin, MDMA and a few other experimental drugs, CEO JR Rahn, Board of Directors Bruce Linton ( EX Canopy Founder) & Investors including Kevin O'leery AKA the dream team (just kidding). Two...
Weekly to EOM Trading Plan Days away from the U.S. presidential election, & most investors/traders have noticed volatility has spiked & the VIX has targeted monthly highs. For those who don't know what the VIX is, in short, it is a measure of fear aka the fear index, usually high during major upcoming or ongoing announcements & displays investor...
Upcoming Weeks Trading Strategy: Buy the dips Price Levels: As the Fibonacci retracement depict, Alibaba has been hovering around 305-314, with a close below 310. Key levels: 280 & 255 (If reached) With elections coming up, China may face some heat, which could drive Investor sentiment down. As mentioned before, BABA has remained resilient. A Biden win would...
Green Major trend line- Still in play White Accelerating trend line- Still in play Both trend lines shown above are still in tact. Moving forward BABA seems to be trading in an upward channel with a series of peaks & troughs. Yet, has been inching higher & higher the past 6-7 months. Future Events: BABA is set to report quarterly earnings Oct.26th. Daniel Zang...