sid72

sid72

The Dollar is being Squeezed against a trend line and is in a Bullish Flag. This Bullish flag is the 2nd in the dollars rise on the Daily. We should see a pop up later today or tomorrow from this consolidation. The Dollar is looking very bullish not to mention on the Weekly there is a reverse Head and Shoulders pattern forming. The Dollar up means stocks down....

sid72

I wanted to share my drawings for TSLA. This is especially helpful to new traders to understand how drawings are formed. Anway we already have had a major pullback that was intensified by a lackluster earnings report. We are approaching a strong support level between $170-178 where we should see a larger bounce before most likely heading lower. Interest rates are...

sid72

Nvidia (NVDA) on the Daily is forming a " Hanging Man Candle ." The is a Bearish Reversal Candle that can form after a price advance. For a "Hanging Man Candle," the body can be either green or red. The lower wick should be at least twice as long as the body, and there should be a small wick on top of the body. Confirmation is confirmed when the price moves lower...

sid72

Microsoft(MSFT) is looking to breakout from a long forming cup and handle formation.

sid72

Not much to say here....the company sucks but from a trading strategy I think we can pick up a 10% gain here before they belly flop.This is a complete Day trade. Please don't hold this garbage.....

sid72

Enphase is in a long "Cup and Handle" formation. This is great for the long term investor. By July of 2023 I see ENPH around $300 or higher especially as inflation dissipates and they continue to expand their solar products around the world. It could be a longer stretched cup and handle which will be figured out in the next month or so...

sid72 Updated 

I think we are going to see a pullback in TSLA to $185 or I think $180 most likely. After Powell's hint today that they might have to go back to .5% interest rate increases all the stocks are tumbling. I think and hope they keep it at .25% as they have done the last two rate increases. We don't want to see a Paul Volcker Economy and the fed would lose more trust...

sid72

I published the Cup and Handle idea Feb 3rd thinking that TSLA may pull back to the $162 support to form the base of the handle. It also has major support at the $180 and with how bullish TSLA has been that might be all the pullback we get before the reversal to pass $200 and approach the 200 EMA around $220. It may never make it back to $162. Just something to...

sid72

TSLA is emerging from a Cup and Handle and we are in the Handle. I see $162 as the bounce point to retest the high from today of $196.75. Hope I am right! :)

sid72

I bought this one several days ago and there is still a huge amount of upside. If it can get through the $4.30 and $4.80 resistance a double is a real deal. They have had solid revenues the last 2 Q and are based in Isreal. They have partnered in a project with Amgen and have been around I think since 2003. The Timeframes tell the story and the flow of the chart...

sid72

FINALLY we have some hint of the flight this month!! Also "Blue Origin" to announce ticket prices tomorrow and leaks that it is North of 500K vs 250K on Virgin Galactic. That is good news!! They both carry 6 total, but a lot more training is required for Blue Origin due to being your typical rocket. Virgin has 600 tickets reserved. It is just a matter of time....

sid72

Apps failed to complete the triangle and broke below the lower trend line of it. It has bounced off a Long Term Trend Line(Blue) in an uneasy market. That is it's support to regain it's entry into it's Parallel Channel. With their huge revenues, profit margins, earnings beats, huge growth, and ever growing Digital Advert demand they are still one of my favorite...

sid72

76.63 is my target point to buy back. It is near the bottom of the Symmetrical Triangle. This is where a major support line is and it is at near the bottom of the lower trend line.

sid72 Updated 

I am seeing 2 triangle wedge possibilities to get back on our path. Either one is very positive. There are Buy calls on the 2h - 4h. I think the Day call is not far away. GL and lock and load!

sid72

If you saw my previous post "SHOP- The Big Picture" then you would see that SHOP has bounced at one of my trend lines higher than I expected. I have followed this stock and made a lot of money on it since the $200's. I really think after Friday and the bullish close that we are going to $1460 were there will be resistance. Can we break through the 52 Week High...

sid72

After this big run prior to earnings we may have a spike like 3 earnings ago, but there is no way we will be $1600 a share right now!!! I love this stock and it has profited well for me and many others over the past 2 years. Holly apes breath I cannot believe I bought this stock at $300 in march??.. They are the #1 ecommerce stock hands down. I posted a prior...

sid72

We had our last cup and handle on the month chart and the continuation of the rise was stopped by COVID. Now we are in our second cup and handle. This handle is huge. I believe that this stock can finally see new ground....unless robot vacuums are unfriendly to the environment...haha :) We are going to continue up for a bit but watch for a pullback.

sid72

So I love the company "IROBOT" symbol IRBT. They have incredible Revenues and Profits. They have the coolest toys to clean your home and more. On this post with so many earnings they have only missed -----7----- times. Holly crap why does the chart look like a damn roller coaster at Six Flags then? Most all of those misses were not in the past 10 years. For one...