jgdub

jgdub Updated 

This is the only TA you need for McDonald’s. It’s a consistently strong stock that has only had two red yoy returns in 20 years, and in those 20 years its average drawdown is 12%. We dropped 14% from the year at 288 to 247 and bounced near the 50 MA. I expect this to consolidate for several days or weeks potentially but price target is 300 before...

jgdub Updated 

I am not even going to spend a lot of time on the charts. The fundamentals for this company are abysmal. Even after the recent declines it still has a PE TTM of 450. That is nearly 10-15x the average PE of any tech giant. They earn nearly 1.2b a year thus far in cash flow but choose to shell out over half of it in stock based compensation, while diluting shares...

jgdub Updated 

The last time NVDA had a meteoric exponential rise of 1500%, it had taken only three months to lose over half of its market cap. This coincided with the monthly RSI being severely overbought. I am proposing we will see the same occur at this level. Not only with the same overbought levels, but nearly double the absolute bottom to top gain we saw from the 2015...

jgdub Updated 

Apple has in the past six years had very strong reversals from oversold RSI on the weekly timeframe. The last four since 2020 were as such: Feb 20 - Mar 20 82 > 54 > 100 (85% return low to high) Jan 22 - May 22 182 > 128 > 175 (40% low to high) Aug 22 - Jan 23 177 > 123 > 199 (61% low to high) Dec 23 - ??? 197 > 165 > ??? We have last shown a strong...

jgdub

After spending nearly three months consolidating in the 80-90 range following AMDs insane gap up from last year, we have seen the stock moving down but collecting support along the way; notably the 200MA on the daily, and now the 50MA on the weekly. With product announcements coming Monday and stimulus news hitting we could see some strong attempts to break...