With global geopolitical tensions, i'm not surprised to see NYSE:LMT trade into all time highs. I've been watching this one the last couple of weeks and this one is about to trade higher soon. Let's watch.
Overall stock market environment seems pretty good right now. NASDAQ:META is acting as a market leader and trading into all time highs. If this keeps up I think we will see much higher prices in the next 30-60-90 days. Let's watch.
NASDAQ:LRCX This is just ridiculous...Lam Research down over 30% in just a short "two week" period. It really goes to show that risk management is everything and even the most economically important companies on the planet are not full protected from price fluctuations. Bounce trade idea might occur here and rally towards the 200MA.
If we zoom out onto the weekly chart here, you can see NYSE:SNOW is taking a clear beating, dropping 7.16% to $119.77. The stock has broke through key support levels, and the bearish trend is clear with descending channels signaling more downside. With increased selling pressure and volume spiking, it's not looking good, imo. If the support around $115 doesn't...
Damn, what a rough time for NASDAQ:TSLA long traders. Friday the stock came down 4.24% to $207.67. It's currently sliding within a descending channel and just dipped below its 50-day moving average, which isn't a great sign but I think an oversold bounce might happen here at the 100-day moving average. Keep an eye out for support around $200 and resistance near...
NYSE:ORCL is quietly becoming a major player in the AI revolution, driven by its AI partnerships and expanding data center infrastructure. With rapid growth in its cloud business, Oracle is transforming into an AI powerhouse, offering significant upside potential for investors. The company's strong financial performance and strategic deals with firms like OpenAI...
CRYPTO:BTCUSD Bitcoin hit resistance at the $70,000 price area and trading back down towards $60,000 where it is currently retesting the 200MA. Volume Profile shows the potential whale buying area and if we fail to hold here, then we may abruptly decline towards the next test area at $55,000. Market Conditions: bad, VIX at 20 Crypto Fear/Greed Index: still...
NASDAQ:CRWD now down 47% from all time highs. This is a great valuable lesson in showing how one of the greatest stocks in the market can quickly decline when a major catalyst hits. The scale of this news/negative sentiment is global and I do expect lower prices to come. If we zoom out, I'm thinking this thing can revisit $100 price area. If not, it'll be an...
If you measure the high to move on NASDAQ:AMZN , we actually had a full 20% correction on this stock. These declines are developing into bear market numbers.
AMEX:IWM failed to trade higher on the breakout and then quickly flushed to the downside. This one was looking good but it just wasn't strong enough to hold on its own against AMEX:SPY NASDAQ:QQQ AMEX:DIA
I admit, AMEX:IWM was looking fantastic but the weight of the markets are much heavier right now and causing this one to decline. This a clear breakout failure and prices are likely to trade lower next.
NASDAQ:MSFT post earnings now. Below the 100MA and still trading within the falling channel pattern. Will watch to see if we can start trading out of this channel tomorrow if the markets remain bullish like today (currently i'm very cautious for the next 60 days).
NVDA is currently up 11% on the day with FOMC happening in a few hours. This 11% came from the tailwinds of the AMD earnings and we must not forget what happened the last few days of trading. If the top channel here on the hourly chart confirms resistance, I think there is a high probability downside trade in the next couple hours and possibly into a longer swing trade.
NYSE:RBRK rallying 5% today and breaking out from the ~6 day trading range. This high quality enterprise software company is likely to rally much more if we can start trading above the IPO price line.
AMEX:IWM has to be one of the most explosive look stock ever! I'm talking about a small cap "index" being this parabolic to the upside. Seems like we are going to have quite the bull market in 2025 maybe.
Oh my, NASDAQ:ADI is just about to trade into all time highs! This one possibly has much more upside as long as the market environment remains strong.
SHOP has been declining for the last ~6 months and now finally waking up. This might be a start to a reversal and then a nice trend. :)
NVDA looking weak on the daily charts and flushing down on the hourly charts here. This suggests a nice near term short trade idea.