in my previous analysis , i told u all to short, nq, spx and nvda . i hope u enjoyed . Right now there is a gap in spx which i think will get filled on monday and we may get another down move. As trading guru say never fade fridays. I think spx will fill the gap reach to 5800 and bounce from there.
NVDA has been the most popular stock past 2 years right now signs of weakness are present as evident by tow higher high from NOV high. Yesterday move was 4 percent which bring NVDA right to the resistance. I believe that yesterday move was a bull trap and not a true wedge breakout. I will be a seller at these levels ,, however with lost of events coming i will be...
In my opinion there is a huge downside potential in NQ . If you look carefully most of the time NQ forms head and shoulder pattern. It has formed 2 lower lows. Yesterday we ended up right at the resistance. Now on Monday if we close above that resistance then i think bullish thesis remains but if we close below that then bearish position will work. In my opinion i...
SPX has formed a perfect head and shoulder pattern ready to be broken. I think there is a gap to be filled where small arrow is pointing. I think it will fill that gap this month. Of note there is also another gap at 5973, it is possible that it will fill it first then tanks
nvda recently tested its long term support at 128 and bounced hard. Now there are lots of volume coming and it has breached its resistance of 135. I think it is going to run till 144 which is a strong resistance . i think it is possible that we see 144 on nvda
Uber has been in downtrend since past few monsth but over past 2 week it is showing strength as shown by weekly candle and increased volume. right now it is sitting at a massive support. I think with great earnings and with new quarter comings fund will be buying UBer overall technical picture provide great risk reward ratio. I am a buyer here with target to at least 67
smci has been recently in downtrend but past 2 weeks has formed a bullish weekly candles awith bears unable to take it down. Right now it is sitting on a massive support and volume decreasing which means no sellers left. It has earning coming i believe it is ready to run to 50. I am very bullish here. If company prove its financial results are genuine then it can...
As you see in the chart NVDA broke its suppport and flipped back up. Usually these are bear traps for a long run to start. evry one gets short because upport is broken and then stocks rips higher. I believe that NVDA is going to touch 144 either this week or other after that , it depends on strength of seller and buyers
UNH is one of the best healthcare company and a prominent stock of dow. with recent sell off it is trading at same level as july 2024. with so oversold reading . It can easily run up 6 percent to 530. i am ready to cash this opportunity , are you?
Google has formed a perfect William o neil pattern with 6 month of consolidation. It broke its all time high recently on high volume and recent down movement gave ample time for bulls to load call. i think it is ready to break out. it is only mega cap that has not broken its july ath. I think 200-210 is possible next week
If you follows my ideas market crash was predicted long time before. Now i think bulls are in control but bears are not out. I am expecting an end of year rally but till what point. i think a 80-100 point ripper is yet to come. after which we we have to see how market does depend on trump new policies.
Hi i am back, now market looks like it is near all time high but main trend line broken as shown. Opex next week. I have 45 minutes sell signal that means market will probably see a 100 point down move before opex. Will see ES at 6000
CRWD is one of the tech stock Today it had a good 3 percent day on high volume. A classic cup and handle pattern as told by William o Neil Currently sitting at a resistance. IMO it will break. expecting 450 soon
SOfi is one of the wall street and twitter fav but since past 2-3 years it is dominated by sellers. Now if you look at the chart black lines indicates vwap from sellers. currently at 16 every seller is in loss. Now today it has a breakout on volume. This past 2-3 month is month of SPAC. SOfi can still reach to its all time high to 28.
CELH has been drawn down since jun24. Overall the stock is showing signs of recovery. Currently trading at 30 USD. I have my buy signals active on CELh. with earning coming i thing 40 USD may come
Oil and oil stock are in down trend since trump won the election--> reason trump will do drill baby drill, oil supply increase and it will be cheap, but increasing oil production isnt that quick but any ways . Oxy is sitting at vwap level of 2020. Buffet bot at 65 , i am buying at 47. Are you ready to print money on oil because i am.. Hit like if you enjoy. Oxy...
Google chart is a very simple setup called cup and handle pattern, It has consolidated past 6 month and broke on heavy volume. It got a pull back this week. Now ready to fire. I am thinking target will be somewhere around 240. It will go parabola, lik MSTR, NVDA. Enjoy ! stockman is back again
In my previous post i warned that market will tank and it did. Now where we go from here. As opex week is next week, i have my sell signal active , which means market still will go down. My opinion is market will go down to ES- 6020 level on monday, then by wednesday i will look for buy signal and probably we will end the week at all time high. Probably a bear...