


dynasty2059
Pretty simple one, This is sitting at the top of the channel that it has been trading in, I'm short here and will start taking profit below the 200 ema. Final target is 195.
AMD looks like it is coiling up for a major breakout to the upside. My target if this pattern plays out is $170 to a new all time high. My plan falls apart is the support at 100 is broken, if that happens my target to the downside is $80
I'm unreasonably confident in a hard rally to a new lower high coming soon. The market feels like it is accepting that we are in a bear market and everything will continue dropping, that usually means it will not. I'm bearish for the rest of 2022 at least, my target is 350 but I don't believe will test 400 before a decent bounce. This idea goes out of the window...
A little late to post this but looking for a short term drop to at least 188ish. The really basic TA on wedge breakouts has been working well on the indexes lately.
With the minutes for the January meeting out of the way, I think we are bound to see upside in the near term until the market starts to think about the next FOMC meeting in March. The wildcard is Russia. I sincerely doubt they will actually invade Ukraine while the snow is melting the next month or so, it would be far too risky to attempt to drive an army...
Pretty simple imo, had a nice gap up today but failed to make any progress. I believe we either gap back down overnight or slide back down sometime tomorrow.
This is one I will be watching closely, the chart is self explanatory. Sitting right above an area of low volume support while in the middle of a nasty downtrend after a slight earnings miss. I'm looking for a drop to $65 before opening a position then targeting the lower edge of the low volume area.
I find it odd that the price has moved in a way that suggests the market is not worried about the CPI numbers tomorrow, considering how skittish and fearful things have been the past month or so. I think the market was pricing in inflation and the coming response from the Fed in January, but earnings season took over and became the main driver of price action. I...
Twitter reports earnings this week, looks to be sitting just above a strong area of demand. I have no idea if they will beat, but I may take a small position. CPI data is released the same day so this is a risky play.