This is a weekly of TSM, showing the accumulation (arc), and based on the depth of accumulation a mid-term TP of approx $258/share. They report earnings around 4/17, and as the world's premier fabricator, should continue to benefit from the insatiable demand for chips. Credit to Dr Newman for the fundamental thesi (he is a chips specialist). The chart looks very...
This is a daily of NVDA, showing a bullish parallel channel and bullish movement since the Deep-Seek fear event of a few weeks ago. Short to medium-term price targets are swing highs near the top of the channel. It will probably fill the gap caused by the selloff in the next couple of days. Best of luck. -Mr Joseph
This is a weekly chart showing a multi-year accumulation indicated shown by the blue-green shaded arc. O'Neil would probably say this was a cup or a saucer. Check the huge volume from last week's earnings showing institutional support. Based on the depth and length of the accumulation, I have a price target of at least $300/share. Who knows the time frame. This...
This is a daily of GOOG, showing a swing high to the left, a breakout on high volume, and a pullback to the breakout level due to earnings reaction. If you have been waiting to get in on this monster, now is a high-probability time to do so.
This is a weekly of AMZN. Based on the depth of the accumulation (the cup), I believe it will see 388/share. No time frame. Also noted is the bull flag mentioned a few weeks ago. If price continues the 2nd part of the measured move it will hit its TP soon. Earnings may be a catalyst for this to happen in the next week or so. Good trading everyone. -Mr Joseph
Check this daily of XRP. Look at the long lower wick which tested the 150EMA. If i wasn't already so committed I would add more if price goes above the close of this candle. Day isn't over yet but it looks bullish.
This is a daily of AMZN. It shows an initial move into the bull flag, a breakout-pullback, and an expected measured move to a TP of $160/share. Time period 3-6 months. Best of luck and good trading.-Mr Joseph
This is a daily of GOOG. It has seen a bullish spike and the formation of a relatively tight bullish channel. Use this as a guide to add to tactical positions or to take relatively quick swings by buying at lower bound of channel and selling at upper. Let me know if this is of any use and I would like to hear some success stories or criticisms. Either way, best of...
In my opinion, this daily chart shows XRP in a tight consolidation. It should break out sooner than later. Hopefully to the upside. -Mr Joseph
This is a weekly showing a big-picture perspective of $BTC. Note the multi-year accumulation (base), the breakout, the first bull flag which broke out near the election, and the current range it is in. I believe big players are accumulating again before the next push up. Based on the depth of the accumulation, I believe a reasonable price target is approx 266K....
Daily chart. recovery from negative news last few weeks. Primed to pop on earnings and at least take the swing high.
After the dump yesterday, what a nice reversal pattern today. daily chart. 2 bar bullish reversal. Expect price to quickly fill in the gap caused by the Chinese AI news.
This is a weekly of AMZN. I see a bull flag which had a breakout, a pullback, then so far a bullish engulfing weekly candle has been forming. Adding.
This is a daily chart with a 150EMA. Lots of fear overnight. ChineseAI. Adding to my NVDA pre-market. 150EMA is a key level for price to test. To me it's a high-probability opportunity to add. Best of luck everyone.
This is a weekly for BX. In the Fibonacci framework I use to determine discount vs premium, it just hit the 71% retracement level indicating a good discount in the uptrend. Also of note is the 2 bar bullish engulfing reversal formation, indicated by the green oval. I hold this as a long-term investment in my IRA and would add now based on this price action.
A speculative theme for this year seems to be quantum computing since GOOG announced its breakthrough chip a few weeks ago. RGTI had a mammoth run, and with my Fibonacci framework I use to determine premium and discount zones, I figured this was a decent bet for a move back to the swing high of about $20 in the next few weeks. I love the fact that it has high...
Strong breakout on the daily. Price has been in a bull pennant consolidation. Based on the measured move into the pennant, my near-term price target is $4. Could go substantially higher if crypto in general has a strong push this year.
This is the weekly for $AAPL. It is in an uptrend, and I have drawn a Fibonacci retracement frame around recent minor swing low and swing high. An area I would look to get long for a 4-8 week tactical trade would be the Breakout-pullback area indicated by the green rectangle. The stop loss would be beneath the swing low where the retracement was drawn from and the...