Fibonacci retracement shows that we might see a retracement to 13 lvl before next leg up. I think this would be a good opportunity to add buy SOFI for the long for those who missed this boat before.
AMD has made a clear bottom and a double bottom on weekly. From here on, I expect it to reverse course to at leat 142 level. A good buy for both swing and long term as this is clearly a stock with great fundamentals and consistant positive earnings. This is also the best price to DCA if you already bought higher up. I expect it to go up before its earnings end of...
ASML has biggest volume at range 645 to 665. I posit that until ASML can break 675 we won't see the next level. Given the news that Biden won't levy strict tarrifs on TSMC, this is positive for ASML as well and I think in December we will see ASMl go above 700. Let's wait for the reversal confirmation though.
Okta recently came out with earnings and we saw a surprise on all aspects of its numbers and EPS positive surprise of ~15%. On the technicals, it seems to be forming a cup and handle pattern which is considered very BULLISH. Together I expect this stock to rally over the short term with an upside of over 20% from here. 100 $ here we come!!!
Micron looks to be setting up for a nice swing trade. The chart also shows a double bottom and price potentially goes back to 106 lvl. This is one of the few semi stocks that has great fundamentals but has not really given stock gains. Hence a good pick. A good swing trade but also a good long term hold. In summary this is an undervalued stock and from technicals...
Archer aviation is clearly getting support at 50 SMA. Yes it has had a parabolic jump in the last weeks, but the drop after the news on the 500 million USD is contrary. I think people just sold the news. But the same happened to #sofi and I think will happen to this stock as well. The PT for this is over 12 by most analysts so I believe this is a good swing trade.
As seen from the chart, MARA had some pullnback due to the public offering news coinciding with BTC going below 100K. But over the weekend, things have changed. Firstly Trump announced that US will have a 15 trillion USD reserve for BTC which is a massive boost to BTC and all BTC stocks ( www.forbes.com ) Also as seen from the chart, MARA is breaking out of the...