Deckers Outdoor ( NYSE:DECK ) just closed at its 200-day moving average, forming a classic falling wedge ahead of its strong earnings beat and raised guidance. With massive short interest ready to cover, this stock is primed for an explosive breakout next week. My price targets are $177.67 and $184.48. Watch for momentum as shorts scramble to exit. Solid...
This is just a follow up to the previous NASDAQ:META setup I posted yesterday. Please watch video for additional commentary.
Domino's Pizza ( NYSE:DPZ ) is set to release its Q3 FY2024 earnings on October 10, pre-market, with expectations of an EPS of $3.62 and revenue around $1.1 billion. The stock is currently sitting at the 200-day EMA on the weekly chart, indicating a critical technical range. While market sentiment leans bearish, a surprise in earnings could trigger a sharp...
NASDAQ:META is attempting a wedge breakout on the session hourly, with a candle confirmation above the 9-EMA. If the breakout holds, our first target is a retest of $594.24. Should we break that, we’re looking at a potential retest of the all-time high (ATH) at $602.90. However, if the breakout fails, we could see a retest of key support levels at $588.36 and...
As we approach AMD’s highly anticipated Advancing AI event this Thursday, the market may soon see the company in a whole new light. Historically, these events tend to prompt a "sell the news" reaction, giving us the opportunity to front-run the event throughout the week. The chart is setting up nicely with a confirmed wedge breakout, supported by strong bullish...
Calls Over $264 Target $267.48, $271.35, $276.60 Puts under $248.53 Target $246.19, $243, $238.83
NYSE:NKE Trade Idea Puts under $82.5 Target: $80.83, $79.97, $78.10, $76.82 Calls over $83.60 Target: $84.76, $85.40, $86, $87.83
Calls over $580 Target: $583, $590 Puts under $575.15 Target: $573, $569.46
NASDAQ:SMCI Trade Idea Calls over $42.74 Target: $43.77, $44.64 Puts under $40 Target: $37.30, $34.76, $33.36
On the NASDAQ:META daily chart, we see a classic ascending triangle pattern forming. The price action is tightening, signaling potential bullish momentum as buyers test the upper resistance. A confirmed breakout above the resistance could open the door for a significant upward move. Keep an eye on volume for confirmation, as this could be a strong signal for...
Breaking down the potential runup for NASDAQ:PANW ahead of earnings, along with a possible strategy to capture volatility. Keep an eye on key levels and timing for optimal entry and exit points.
Dive into our latest analysis on Goldman Sachs ( NYSE:GS ) as we explore crucial price levels identified in yesterday's meeting. This TradingView update unveils potential strategies for both calls and puts, guiding you through informed entry and exit points. Whether you're looking to capitalize on upcoming movements or safeguard your portfolio, our insights into ...
Dive into the heart of market volatility with our latest analysis of NASDAQ:META 's price action, centered around the critical 10AM box on the 5-minute chart. This video breakdown offers a comprehensive look at the key movements and trading opportunities that emerge in the early hours of trading. Whether you're a seasoned trader or just getting started, our...
NASDAQ:TSLA 's recent price action has shown a rejection at the 50-day EMA, closing inside with an inverse hammer pattern. This technical formation suggests a continuing bearish sentiment, with the price aiming for the $235 level. Keep an eye on how NASDAQ:TSLA responds in upcoming sessions for potential trend confirmations.
In today's trading session, we witnessed a significant divergence in market behavior. While AMEX:SPY and NASDAQ:QQQ experienced notable downturns, NASDAQ:META demonstrated resilience by adhering to a crucial support zone. This is further emphasized by its rebound off the bottom of the current uptrend channel, forming a 2-1-2u reversal pattern. This pattern...
Key Price Levels: Support:$223.85, $229.39, $232.50, $246.42, $250.29 Resistance: $257.16, $263, $268 Chart Patterns: Day: 2-2d continuation Week: 2-2-2u continuation (not enforce), with an inverse hammer Month: 2-1 inside with inverse hammer Quarter: 2-1 inside with inverse hammer Volume Analysis: Day: Bearish volume confirms the...
NASDAQ:META Update - Bullish Outlook - October 15, 2023 Opening Summary : Bullish breakout stalled at a key resistance level. Market Structure: Currently in Markup, signaling bullish trend continuation. Key Price Levels: Support: $300, $304.79, $309.32, $311.7 Resistance: $325.88, $328.79, $334.79, $340.56, $353.36 Chart Patterns: Day:...
Examining NASDAQ:META , the stock showcased resilience with an inside hammer formation on a 3-1 count, complemented by a rise in volume. It's commendable how it stands firm above both its 9 & 50-day EMAs, indicating strong bullish sentiment. Of particular note, despite market pressure from AMEX:SPY and TVC:VIX , NASDAQ:META staunchly defended its support...