Hangin there for 7-10 days for short term recovery.
I reworked on my chart last night and this morning the high and lows of the day seem to fall in place. I expect us to get approved on Thursday which bring the SP to $95 and $100 on Friday. Some pullbacks after but eventually we reach $140 on the 26th. Let's see how everything pans out. Good luck to the NVAX'ers.
This is mooning in a few days. *Not a trading advice*.
UPST has a better AI lending models than FICO and has gained a lot of partnerships with many small banks, like credit unions. The company claims to be able to improve loan default rates at banks by 75%. I see decent near term potentials. The stock peaked at 400 in 2021, and crashed as low as 25$ in May despite 150% YoY earning growth. Will they be able...
QQQ to 333-334 in less than 2 weeks :). Let the bear rally begin. My estimate is between July 25-27th right before FOMC meeting. Hikes are priced in at 1% at this point while he's been saying .75% so the market has some rooms to run. Massive short squeeze in progress.
After 6 months of suffering, next 2 weeks will be pay-week for NVAX investors. My chart should be self-explanatory, of course there are pullback along the way, I'll let you figure this out on your own. It took me sometime to put this together. So enjoy. Hopefully some of these come out correctly :) (This is a near term chart - the white line is the trend line)
QQQ 2 hour chart- possible scenarios. Fixed some of my trendlines and more zoomed in chart for easier read. Here's the updated chart. 1. We run up to 333 around the 14th 2. Pull back to 300-306 around the 20th 3. Back to 330 around August 5th - August 11h 4. Continue its run to 397 around Sept 14th and continues to ATH OR crash to 244 mid August, back to 306...
QQQ 3 hour chart- possible scenarios: 1. We run up to 350 around the 14th 2. Pull back to 308-320 around the 20th 3. Back to 340 around August 5th - August 11h 4. Continue its run to 395 around Sept 14th OR crash to 239 mid August, back to 330 and crash to 204 into end of Oct I think this will depend on how much FUD they will come up with for the bear...
Staying strong in the red market while QQQ went back to fill some gaps. But shorts interest remain 20%. Hopefully we get a nice squeeze into FDA approval My fib based time is pointing to $73 target on July 5th for now - fingers crossed. - Regular fibs at 61.8 and my trend lines are matching.
See my TA below. Comment for questions :). Using My Fibs lines based on major pivot dates and Gann Square
BYND meat has had some tough time, but will recover nicely with some new product lines & summer time parties BBQ I use fibs, gann square & trend lines for my target. My pivot dates are 21st, 23rd and 27th.