Retail hasn’t really been the play in the past couple of weeks but Target $TGT has proven itself to be a strong company throughout this COVID market. $TGT has been following the same strong support line since October, and has been holding the same trend line for the past year. $TGT hit its support on January 28th at the price of $178.01. Since then, it has pushed...
After bouncing off of this heavy resistance level at 87, STNE looks like it wants to break! Watch for an RSI cool down and momentum to come back in, CS gives a PT of 100, this seems feasible by March!
AMD needs above 88.4 for a reversal trade. Above there is a Gap to fill from 91.9 - 94.64, with the next level previous ATH. A break out of the range box should bring levels between 96 and 110! We are also currently in a squeeze with RSI curling, and the 20SMA crossing the 50SMA... PT1 91 PT2 94.6 PT3 ATH $AMD
NIO has been consolidating within thisoennant as of recently, and with good news, NIO can run if it breaks above, similar to the move PLTR had a few weeks back. With strong numbers out and many upgrade PT's by banks as of lately, there is strong potential for NIO to run! Technicals prove this theory, as momentum seems like it's going to move up again, volume...
Digital Turbine has been on a rampage recently, and with good cause. The mobile app advertiser has surpassed over 3 billion downloads across all their worldwide campaigns, which has brought about enormous growth for the company recently, fueled by the digital movement recently. With the stock hitting the bottom of this channel, and technicals pointing to higher...
Draftkings has seen a lot of action with lots of sports fans betting on various games recently. With new announcements, like their recent proposition team-up with Bleacher Report for a Super Bowl LV deal and over 200 varieties of prop bets for the weekend. DKNG also announced they have had 4 consecutive months of $100 billion+ in revenue, which bodes well for the...
Retested bottom of channel twice, bounced perfectly RSI low on all time frames TTM zeroing out indicating a squeeze is imminent Entry - the bounce off 147 PT1 - 1.272 Fib at 171.56 PT2 - 1.618 fib at 178 LT PT - 2.618 fib, 200 Also be advised that earnings is on the 4th, which is next Thursday, tread carefully and good luck
AMC has been squeezing along with the rest of names like GME, BB, BBBY, etc. as retail investors have been chasing stocks with heavy short interest. I have a large position in @ 4 - and by using Fibonacci levels, we see that the next levels are 10, 13, and above the relative 5-year high at 21. Being that the stock is currently trading in the 8's after hours, these...
I'd love to see DDOG break out of this trend and up to the previous highs, support at 102, resist above 109.
PT1 4.51 PT2 4.74 PT3 5.15, Longer Term PT is a breakout above the 2013 resistance level charted.
If LAZR can breakout of this bull pennant it's been trading in, it should continue to run upwards. otherwise, a retracement to the bottom of support would be a great entry, as RSI looks like it needs to cool off as well.
With SPY closing higher, UVXY has reached its previous low once again, this time breaking through support built in December. This is a very key level, and should be very bullish for the markets are yet again at ATH
Key level for the breakout on BLNK looks ready has momentum, MACD curling should move up at this level!
Breaking out of wedge, should retrace back to 200 SMA levels
JMIAs chart shows a clear C&H pattern, holding resistance levels as well. RSI is moving up, along with MACD turning green looking ready to cross. IV is low so Calls can work well.
LI has been moving up with the other EVs -XPEV, NIO, and recently had a PT upgrade to 44. Im looking to take some Feb calls for a move back to the highs