The_Trading_Mechanic

The_Trading_Mechanic

KraneShares CSI China Internet ETF is exhibiting strong bullish momentum, with a gap forming around the $27.00 level. A breakout above the $32.60 daily resistance would confirm further strength, positioning the ETF to target $46.19. This trade setup offers an excellent risk-to-reward ratio, with a stop-loss set at $24.82 to manage downside risk. KWEB provides...

The_Trading_Mechanic

MongoDB is showing strong bullish momentum, with a gap forming around the $163.00 level. A breakout above the $297.68 daily resistance would confirm continued strength, positioning the stock to target the $439.39 resistance. This trade setup offers an excellent risk-to-reward ratio, with a stop-loss set at $207.65 to manage downside risk. As a leader in modern...

The_Trading_Mechanic

GitLab is demonstrating strong bullish momentum, with a gap forming around the $50.00 level. A breakout above the $73.60 daily resistance would confirm continued strength, positioning the stock to target the $78.42 resistance. This setup offers an excellent risk-to-reward ratio, with a stop-loss set at $50.86 to manage downside risk. As a leader in DevOps and...

The_Trading_Mechanic

Merck & Co. (MRK) is exhibiting strong bullish momentum, with a gap forming around the $95.00 level. A breakout above the $106.07 daily resistance would confirm continued strength, positioning the stock to target $120.30. This setup offers an excellent risk-to-reward ratio, with a stop-loss set at $92.74 to manage downside risk. As a leader in the pharmaceutical...

The_Trading_Mechanic

Penn Entertainment is demonstrating strong bullish momentum, with a gap forming around the $16.00 level. A breakout above the $21.37 daily resistance would signal further strength, positioning the stock to target $27.21. This setup offers an attractive risk-to-reward ratio, with a stop-loss set at $16.46 to manage downside risk. Penn Entertainment’s position in...

The_Trading_Mechanic

e.l.f. Beauty is showing strong bullish momentum, with a gap forming around the $109.00 level. A breakout above the $147.33 daily resistance would confirm continued strength, positioning the stock to target the $218.94 resistance level. This trade offers an excellent risk-to-reward ratio, with downside risk managed via a stop-loss at $107.14. As a leader in...

The_Trading_Mechanic

Novavax (NVAX) is demonstrating strong bullish momentum, with a gap forming around the $8.75 level. A breakout above the $14.60 monthly resistance would confirm continued strength, positioning the stock to target $23.71. This trade offers an excellent risk-to-reward ratio, with downside risk managed via a stop-loss at $6.68. Novavax is poised to benefit from its...

The_Trading_Mechanic

Plug Power (PLUG) is building strong bullish momentum, with a gap forming around the $2.25 level. A breakout above the $2.98 weekly resistance would signal continued strength, positioning the stock to target $5.13. This trade offers a compelling risk-to-reward ratio, with downside risk managed through a stop-loss at $1.98. As a pioneer in hydrogen fuel cell...

The_Trading_Mechanic

Hims & Hers Health (HIMS) is demonstrating strong bullish momentum, with a gap forming around the $24.75 level. A breakout above the $35.02 resistance would signal continued upward movement, positioning the stock to target new highs at $45.04 within the next six months. This trade setup offers an attractive risk-to-reward ratio, with a stop-loss set at $20.49 to...

The_Trading_Mechanic

BlackSky Technology Inc. (NYSE: BKSY) has been drawing attention with a surge in trading volume, signaling renewed interest in this penny stock. Analysts are bullish, with 12-month price targets ranging from $10.00 to $32.00 and an average target of $17.60, suggesting a potential upside of nearly 48%. Recent developments include a public offering of 10 million...

The_Trading_Mechanic

Gevo, Inc. (NASDAQ: GEVO) is turning heads with a massive influx of trading volume and recent institutional interest, including a notable position by State Street Corp holding $1.37 million in shares. Adding to the buzz, Congress has reportedly been buying this penny stock, fueling speculation. Analysts project a wide range of 12-month target prices for GEVO,...

The_Trading_Mechanic

Cricut (CRCT) is demonstrating strong bullish momentum, with a gap forming around the $5.25 level. A breakout above the $7.17 resistance would signal continued strength, positioning the stock to target the $8.40 weekly resistance. This setup offers an attractive risk-to-reward ratio, with a stop-loss set at $3.15 to manage downside risk. The stock’s chart is...

The_Trading_Mechanic Updated 

JetBlue Airways (JBLU) is showing strong bullish momentum, with a gap forming around the $6.25 level. A breakout above the $8.07 resistance would confirm further strength, positioning the stock to target the $9.42 weekly resistance. This trade offers an attractive risk-to-reward ratio, with downside risk managed via a stop-loss at $5.68. As air travel demand...

The_Trading_Mechanic

VinFast Auto is building strong bullish momentum, with a gap forming around the $4.00 level. A breakout above the $6.42 resistance would confirm further strength, positioning the stock to target the $8.78 monthly resistance. This trade setup offers an excellent risk-to-reward ratio, with downside risk managed via a stop-loss at $3.15. As a growing player in the...

The_Trading_Mechanic

NVIDIA is showing strong bullish momentum, with a gap forming around the $135.00 level. A breakout above the $152.89 resistance would confirm further upward movement, positioning the stock to target the $190.20 level. This trade setup offers a compelling risk-to-reward ratio, with a stop-loss set at $128.39 to manage downside risk. As a global leader in graphics...

The_Trading_Mechanic

Turkcell (TKC) is building strong bullish momentum, with a gap forming around the $6.25 level. A breakout above the $6.94 resistance would signal further strength, positioning the stock to target the $8.46 monthly resistance. This setup offers an attractive risk-to-reward ratio, with downside risk managed via a stop-loss at $5.91. As a leading telecommunications...

The_Trading_Mechanic

Li Auto is demonstrating strong bullish momentum, with a gap forming around the $22.50 level. A breakout above the $31.04 resistance would confirm continued strength, positioning the stock to target the $47.67 monthly resistance. This trade offers an excellent risk-to-reward ratio, with downside risk managed via a stop-loss at $18.90. As a leader in the hybrid...

The_Trading_Mechanic

Melco Resorts & Entertainment (MLCO) is gaining strong bullish momentum, with a gap forming around the $6.25 level. A breakout above the $8.90 resistance would confirm continued strength, positioning the stock to target the $10.81 monthly resistance. This trade offers an attractive risk-to-reward ratio, with a stop-loss set at $5.77 to manage downside risk. As a...