FORTINET heading for $240. Play safe. Regards, Subhash
DOCU , strong company. Expecting to hit bounce back from here to range of ~$120. Play safe. Regards, Subhash
TESLA heading for ~$600, purely due to capital outflow to fed bonds, oils, value scripts and may be EM's actions. Which can be a very good entry. Costly oils should give good bump to Tesla in upcoming earnings. Regards, Subhash
Expecting SPY to hit ~$400 range by early next week and there should be quick relief rally to ~420. Post that it should either go up or down. I am anticipating more downfall. Let's see.
Looks like in downtrend. hoping to hit ~270 range to support the earnings and post which it would come to ~200 range. May be in FEB last to March timeframe. Somehow I have feeling during this transient bear market almost all scripts would hit pre-pandemic levels. Note : Not an investment/trading advise. Please do you own DD.
Due to market condition APPLE would consolidate more in the form of decending triangle. In case ~152 support is broken then will go to ~135 range. I think writing covered calls on exiting stocks should be safe for now next results. This could very well go for a toss if APPLE comes with new product or acquire any other company. Acquisitions would be more common...
Most probable path. Expecting it to go to ~420 range before deciding upward or further downward movement. It may even go to ~395 range too. Definitely wont happen in straight line. Next FOMC meeting is around 26 March so Feb seems to be sideways and March seems RED. So far my PUTS have been paying decently. Buying PUT on every GREEN days and dumping on RED....
So far lost ~70% from ATH. RSI ~25 range (Oversold territory). It has two scenario based on how fed/market plays. Scenario 1 is bounce from ~150 otherwise bounce from ~117 range. Both are strong support levels. Once should be able to open poistion and avegrage down in case it goes to 117 range.
Bounce from CMP ~2860 range. Expecting at-least one ounce as RSI is already in oversold terriority. or downtrend until 2500 range before reversal.
XPEV consolidating for breakout. Please do you own dd.
Heading for ~30 in short term before goes back to 36+ and eventually 40+ From 36 it may directly breakout or do break out post small pullback.
GDRX heading to <$20. From there should start reversal. Based on quarterly result may do some consolidation. Would take ~6-9 months to reclaim $40. If interested look out for an entry around ~$18.
Good consolidation. Strong support at ~$20 range. RSI in oversold region. Getting ready for bounce back to ~$27.5. potential upside ~$7.5 (~38%). Good rate for EPS & revenue exceed in earnings. Post 27.5 it may re-test support level before any break out. Note : Please do your dd before any position. This is my personal opinion and can be wrong...
PING. Great company with strong fundamental in cybersecurity space. Many companies across the globe is adopting PING or ping like solutions. Never missed earning EPS or revenues so far. WFH has fueled the cybersecurity adoption. On TA front, it's ascending megaphone pattern and good part is that it's tested out the major support level before reversal. Think it...
DDOG in downward megaphone pattern. ~$150 is strong resistance. Expecting it to be around $120 zone expediated path. $150 is strong resistance and $120 is strong support. I may plan to buy handful PUTS for once the increment gets CAP around ~$150 in TOO GREEN market i.e. RSI to be in overbought region. Hoping this to be the scenario before earning so there is...
XPEV in uptrend forming higher high and higher lows. Took hit today due to overall market pull back. Believe good opp. for entry/calls or writing Puts.... Disclaimer - Please do your own DD before opening any positions. I have calls on this play and looking for ~50-60% quick return.
Look out for entry between $16.5 - $17.5. Potential upside ~$13 or ~70% Forming Megaphone pattern from strategic stand point so can go even higher then $31.
Wait for some more time before entry. Start entry from ~$48 - $42 range. Probably should bottom out by end of Jan. Will be interesting to see if this bottom out before earnings or after. After that ride until 70+. That's ~60% or ~$25 potential upside. Enjoy....