Today, I analyzed the daily candlestick chart for Waste Management, Inc. (WM) on the NYSE. The current price is $212.06, hovering near a resistance level of $214.54. The chart shows recent highs and potential support levels at $210.45, $209.50, and $208.99. A red arrow suggests a potential pullback to these support zones. Volume trends indicate significant trading...
Looking for opportunity to buy a dip in SPY around $440's. This appears to be an excellent time to shake out some $450 buyers before Santa Rally and bring some VIX relief. Any bad news impacting fiscal flows would be a signal for me to look for opportunities closer to $420's. Buying in the $420 would be signal for me to expect a 2-3 month sideways consolidation...
Chip shortage issues, FED Tapering potentially starting in Nov, etc... RSI clearly showing daily is over bought. Trend also appears to show a multi month momentum reversal and distribution phase coming to an end. Unless Tesla has more up their sleeve that counters the overall market environment, I'm expecting a low volume rally into Feb 21's earnings before...
Liquidity seems to be well structured for the down side. Upside seems to only support shorts adding. Not sure the market has what it takes to keep market sideways. We'll see.
Look for a retest of $20k to hold and then fill your bags!
It’s up to you. Trade at your own risk. Remember I’m speculating. - for $TSLA - we may see another push-up, but I have the sense all the funds who had to buy Tesla to match the S&P fund are the bag holders and we dip. Back into the $500s (580’s maybe or $560’s in short term). Though I see a path to another opportunity to buy around $455ish. Which would be EPIC! PLEASE!! 🙏
This is the Moment! We live in an exponential age now! Go 3/4 size position if we hold above $330 with a confirmed Higher Low tomorrow. You will not see this price again unless something horribly unexpected occurs to Tesla or Elon. $342 would be a safe entry with a stop loss set at $328.00 - I am going 3/4 size position tomorrow even if it was to dip to $230s. I...
Will retail traders get a surprise dip-buying opportunity during Battery Day? This seems to be an opportune time to sell into retail buyers if you ask me! I would be soooo pleased if $TSLA gives us another opportunity to buy $330! ...or $230s would be even better! We'll have to wait and see!
A nice risk to reward here for LINKUSD. Target 14.60's
We have been in a tight range offering too little risk-reward. Target around $10,840's News or panic could take us even lower finding some support around $10,000.
Now would be a great time to take some profit and see if we get another opportunity to accumulate more Tesla shares. With battery day on Sept. 22nd and Tesla potentially being added to S&P, I'd like to see this scenario play out over the next few months. I have also noted an idea of a potential sideways zone during the week of the USA election in November. Let's...
Hit resistance and overbought. Short target around $6.00
Possible short-term reversal pattern with $330-ish Target.
INCY - Ouch! Could we really see $21 again?
If Elon can keep bad news away, we should cool off and consolidate until the Feb. 18th earnings report. If earning are good and news is good, we should see $600s.
Reck Retail with fake "Cup and Handle" by breaking $228. Short E1: $228 => T1: $80, T2: $25 Long E1: $80, => T1: $150 Short E2: $150 => T1: $25