NASDAQ:MRVL The Chip Designer Company is a must watch stock especially this week with the upcoming earnings report. This is my strategy: Using Bollinger Bands and Fibonacci Retracement, we see a consistent trade volume and slight increase in volatility as the price drops below the SMA and nears the lower band. The price is currently $76.68. We can expect...
When it comes to running shoes Hoka, ON, Adidas, and Nike always come to mind. However, with looming growth pains on trying to maintain control over the struggling footwear and athletic apparel industry. NYSE:ONON seems to be a strong outlier in an extremely competitive market. This is my strategy: Using Bollinger Bands and Fibonacci Retracement, we see...
NYSE:BROS +3.85%on 05/06/24 is a powerful contender for Starbucks customers. Living in southern California, I've started seeing DutchBros popping up around town (are they any good?). One thing for sure they've gotten right is their amplified focus on delivering the best customer experience. One thing that the NASDAQ:SBUX Starbucks former CEO Howard Schultz...
NASDAQ:SBUX Has had a tough week (dropping -17.7%), topped with a demand from the former CEO Howard Schultz to shift focus from the current data-driven business model to a customer-centric business. With the above being said, I believe the coffee giant will recover amid rising competition from Dtchbros $NYSE: BROS and Dunkin Donuts $FINRA:...
NYSE:BA Boeing Shares had a volatile performance this week, with a decent uptrend rally on Thursday and Friday . This is my strategy: Using Bollinger Bands and Fibonacci Retracement, we see a slight trade volume and volatility increase as the price surpasses the SMA and nears the upper band. The price is at $179.79. We can expect it to reach a price...
NASDAQ:SOUN After SoundHound Ai uptrend rally in Feb and Mar we are now seeing a slight break in the trendline. Enter at price targets: $5.16, $4.68, $4.11 (test at targets for retracements) hold for price to cross $5.71 (possible retracement due to investors selling positions), confirmation towards $7.64.
NASDAQ:DKNG Enter at current price of $48.68 or wait for the dip before buying ( around $48.37) and hold for this to cross $49.69, confirmation towards $50.12. Possible retracement due to investors selling positions at price target $48.82
NASDAQ:DWAC History: Merger between Digital World Acquisition Corp and Trump media and Technology Group was approved to take his social media platform Truth Social Public Idea: 1)Wait for the brief dip before buying ( around $47.20) and hold for this to cross $53.49, We are seeing a short squeeze in the stock, I expect a sharp decline once the DJT stock...
NASDAQ:AAPL As you know the justice department has issued an Antitrust suit against Apple. This news is going to cause a downtrend in the stock, as expected, because of reaction to the news. However, we can expect a reversal sooner than later. Apple is at $172.28 as of 03/22/24 Buy until $168.52 Price target(s): $174.27, $178.79 (expectation of a downtrend...
NYSE:RDDT Wait for the dip before buying ( around $35.54) and hold for this to cross $59.95, confirmation towards $70.87. P.S look out for the short squeeze