StockPickingEnthusiast
EssentialPurgatory should be expected after the most recent 2-3 year run IMO... NASDAQ:NVDA NASDAQ:SMH = Sideways chop to down can be expected.
CME_MINI:NQ1! is at a pivot-point - prepare yourself. NASDAQ:QQQ
U6 unemployment factors in part time workers who cannot locate full time employment. Note the similarities to 2008 using the quarterly time frame. If we see this continue higher it won't bode well for market. FRED:U6RATE SP:SPX ECONOMICS:USJO
Here is the broadening formation we're in. TVC:SPX is likely to consolidate further before making a decisive move.
NASDAQ:NFLX Looks riskier shorter term due to confluence resistance, but not impossible to see larger breakout here. Longer term (2027-2028) $5,000 price target.
NYSE:BABA well defined broadening formation.
NASDAQ:QQQ Do we really have a setup allowing for tech to breakout out higher from this parallel channel? Your call, I just draw the chart.
NASDAQ:NVDA Cyclical pullbacks usually see this stock pullback to the 50month moving average, that is currently sitting at $53
NASDAQ:PLTR looks like a short here. Do your own technical analysis to confirm.
NASDAQ:EXPE I hope you all enjoy this chart. It's one of my favorite that I've left largely untouched since I began tracking it in 22-23! These levels and patterns are gold bc they've been confirmed by price action over and over. I expect EXPE to test 142-136 in coming weeks.
TVC:SPX An interesting chart setup into next week (close underneath the broadening pattern), and current price action overlaid with the 2021-2022 price path for an idea of where price might go. Goodluck!
NVDA better knock the cover off the ball. NASDAQ:SMH rejecting the retest of the failed channel/bear flag.
NYSE:HIMS Theoretical resistance here for HIMS potentially.
NYSE:WMT WMT could be the most important stock to watch currently as it is pushing the dow around right now. Possible bounce is near? Below 95 changes things.
AMEX:KWEB is near a decision point zone. $37-40.50 are potential resistances. Above 41 and the sky becomes clearer.
March should be a volatile month this year. CBOT_MINI:YM1!
NYSE:HIMS Rock and a hard spot if you ask me. .
What ever your thesis, have a plan. NASDAQ:PLTR Most extended above the 150dma it's ever been. Doesn't mean anything necessarily, just one data-point. I would proceed with caution either way here.