NASDAQ:PANW This cybersecurity leader got beat-up on the last earnings report. It looks to me that it may have bottomed out. On this weekly chart (the week is still young) it is in the process of setting up as an inside week. It is regaining the 40 Week MA which I view as important. Additionally, the volume has been declining since the big sell-off. I take that...
Technical Reasons: Horizontal TL 2019 Diagonal TL Extremes indicator Price at Horizontal TL and Diagonal TL meeting point 200 EMA testing Huge volume at support 50% - 61.8% support Crown pattern Comment : Missing a solid, bullish, green candle on the daily chart Good technical value proposition Daily chart: Weekly Chart Support:
Malibu Boats filed an 8k with the SEC reporting the departure of its largest wake boat dealership group Tommy's Boats and an impending lawsuit filed by Tommy's Boats as well. Per the 8k, Tommy's Boats alleges among other things, "unjust enrichment". Tommy's Boats represented 33% of the powerboat sales category for Malibu and over 10% of the consolidated...
Danger looming, watch for a neckline break... could pull back to the .5 fib.. if we break past the resistance line above the right shoulder, we are in the clear for more upside.
Have you shorted yet? Did you sell before the flag breakdown? As I have been discussed in my previous chart, there are bearish flags setting up. 1st target is around $3. Remember length of the flag pole = Measured downside. Continue to sell on strength with more downside profit
Boeing has been receiving bad press lately. In reality, Boeing is not going anywhere because the aerospace industry has high barriers to entry. The current price is at $171 as of this post. Drew a zone for interest where we would be positioning. Boeing earnings is scheduled for April 24. This will play a factor in the technicals Tell me your thoughts
I posted yeateday as a potential breakout of this pattern. I was leaning on the bullish end with a target of 68 if we could breakout of 55 and hold. We struggled and found reistance there. I had a long opened at the support Of 51$ which ended up breaking. I discussed if we lost 49 $ o would stop out and look for target of 37$ We ended up breaking around 430 pm...
This is my live analysis for SPY . If you have doubts feel free to leave your comment.
If 165 holds then i would think tsla has a bounce to at least 210 in store. If 165 breaks i see 113 being tested.
It looks like NASDAQ:META has found a meaningful top as more technical signals agree a short setup has formed. Three significant trendlines have been broken, and today a significant fib retracement level was neatly rejected as TikTok drama continues its inevitable path of escalation. It's tempting to immediately target the gap below, but there is a POC on the...
INTC saw a decade long uptrend until competition from AMD and NVDA likes hit the Co. After forming a double top at 69+ it retraced at fibo .786 to a local low area of 24-25 where the stock consolidated and shaped a double bottom. It bounced off to fibo 0.618 level in 51-52 area and it's sliding again to 0.618 level of the last upward wave. Would consider a 34.8 as...
Hidden Divergence spotted on the Monthly Chart for AMC is a warning signal to all Short Sellers. Time to pile in and go long at $2.81. #AMC #APES
Fundamentals: For the first two quarters, the earnings are projected to be terrible, but in the 3rd quarter, there will be a revival. I am in early because I have a signal on the daily. Technicals: Daily shallow 5EMAs pb strategy ADX tredny uRd Engulfing with good volume Weekly: Weekly new stage 3. Comment: If it retraces to 16ish, then that would have...
BUY AAPL Apple at current levels for T1 180 T2 195 Its less than 2 minute video where I have explained the entry and stop loss Expecting the target to be achieved in a month or 2
Citigroup's ( NYSE:C ) recent earnings report for the first quarter of the year showcased a mixed performance, with profits declining but still surpassing market expectations. The bank reported a 27% decrease in net income compared to the previous year, largely attributed to a $483 million charge associated with CEO Jane Fraser's extensive reorganization...
XOM price is stretched. The stock price recently broke all-time highs RSI signals that it is overbought. With geopolitical tension rising, it is risking to short the energy sector, but if you are looking to short XOM pay attention the weekly structure I marked on the chart. A close below this structure could signal a weekly false breakout and trigger shorts.
i'm looking for levels to play out, if daily candle close over red then no good...