evanwest

evanwest

After my previous post, my call options appreciated by a generous ~70% avg. Profit was taken, and new positions are being opened now. The past couple weeks we have seen price crowding around the $236 level. This was a previous high from many months ago. I believe investors value Apple much higher than they did at that point. From our series of lower lows,...

evanwest

Another massive name in the ai and tech space, has always been a great value buy. Prices have been suppressed the past few months during our market correction. Currently, price action is at our long term support line; a dip below this level will be very unusual.

evanwest

NVDA remains one of the hottest AI stocks, and has seen prolonged consolidation for nearly 6 months. We are now seeing a trend break to the upside. The past week or so has shown us lower lows, and higher highs. Watching for a couple closes outside this range.

evanwest

The AI boom has recently put nvidia into a massive bull run, being one of the largest names in the AI industry. Initially many expected a correction just as quickly, but price seems to be holding. We have been in a horizontal channel for quite some time. Support and resistance levels have become very clear, and we are right at the tip of resistance. We could see a...

evanwest

Tesla has recently seen some harsh losses as fears of a recession and growing interest rates have been suspected to hit the automobile industry. Price has been severely depressed in recent months/years on this stock. Recent fed data and future plans have relieved some of these worries, pushing the stock higher in recent days. We have just seen a breakout from the...

evanwest

The S&P 500 has recently seen a very strong bull run, as fears of a recession are continuously being alleviated. The most recent fed speech put the buyers in a frenzy, pushing the index up 15% in just weeks. At the time of writing, we are less than a percentage point from the all time high. I believe we are in oversold territory, in agreement with RSI. I would...

evanwest

AMD has a history of very volatile price moves following pattern formations like these. I am anticipating price to consolidate briefly and then rally beyond the previous relative high.

evanwest

Updating previous idea. Price is following predicted action. Seeing a consolidation and retesting of this support zone. I anticipate a brief consolidation as price action takes a breather, followed by significant moves down in the coming weeks. Check my profile to see the support being analyzed. Puts open trade active.

evanwest Updated 

SP500 has broken through several supports this past, coupled with intense market fear and negative sentiment. Last week I alerted the previous support breakout. Puts that were opened on this date have a realized 170% gain. I believe sustained price levels under this support will signal a continuation of the bear market. Short positions will be opened after this...

evanwest

After negative market sentiment a selloff has been expected for a while. Head and Shoulders pattern has completed with a break of the neck line. Significant break of several year long supply lines, along with consolidation in these zones. Price action has begun pushing downwards and I expect this to continue.

evanwest

Recent breakout through a large resistance from last summer. Price has receded and bounced off this level. Expecting a rise up towards our new local resistance.

evanwest

Consolidation after this rally has formed a wedge pattern. Would like to see a correction downwards but not making a prediction at this time.

evanwest

Looks to be a textbook pattern and series of gap fills. Expecting downwards momentum if neckline is crossed.

evanwest

Apple has been in a large channel for over 500 days, recently breaking out to the upside. After a double top, price has retreated. I am expecting a bounce at, or close, to the previous resistance.

evanwest

Micron has been in a bearish wedge pattern since April. Price has broken out of the large resistance and I am expecting it to move much higher.

evanwest

Netflix has recently broken out of a pretty long channel, and gained about 19% within several weeks. On the daily chart, we see it has hit resistance, and on a weekly chart we see price has hit a multi year resistance at the exact same spot. I am expecting price to bounce off the lower support.

evanwest

Apple has gotten a lot of attention recently, and many think it has bottomed. I believe apple is in a large channel, and has rejected the resistance, and has strong momentum towards support. What do you think?

evanwest

Nio has broken two long trendlines, expecting price to move much higher.