$AMD needs to break the big resistance of $104 before it continues its rally back to 106+ no major news so far about the company and its products. Semis dipped after a market shifted its focus to energy stocks. i believe the semis and the tech stocks will continue to pull back, expect more pain until J Powell next meeting. For now, you might want to check out...
$AAPL is making a consolidating move in lower time on 1hr chart. after tech stocks pull back along with other tech stocks. AAPL today was holding the line above 163 despite the market continuing to pull back. there's news that AAPL is in talks to acquire streaming rights for big ten athletics and a possible lunch of their new USB-C case for iphones. The market...
Several e-commerce companies and apparel space trading higher amid overall market strength following the senate's passage of the inflation reduction act and last weeks job numbers showing better than spected. which lifted the economic sentiment. with that being said, $ETSY got lifted up along with the other retail stocks as the market pushed up last week. ESTY...
$AAPL bout to enter the squeeze momentum in 1hr chart as the sellers slowly weaken. no majors news lately besides the previous earnings. highly anticipated earnings are over, so market might react in economic data for this week. here my price target for AAPL for monday 08/08/22. ============================================================ For calls; buy...
AMD breaks out from its 3 day losing streak to 4 day winning streak after the feed week and blue chips earnings. AMD looks like a falling chopstick at 4hr chart. but also clearly visible its lower high movement. with earnings coming up tomorrow after market close. i expect $AMD to pull back along with the overall market as it starts to cool off its steam from 4...
$TSLA stock climbs after beats its earnings expectation few days ago and continue to soars after fed meeting. No major news about the pipeline just pure technical breakout. as for the chart pattern, TSLA is making lower high and i expect TSLA will pull back tomorrow, before is starts to push to high again. here my price target for $TSLA for monday...
$AMD has been trending down at a lower level ever since the market continues to pull back. Since then, $AMD picks ups a lot of short interest creating this downward move. The company's earnings have been amazing lately and continues its innovation for computer chips and probably expanding their reach to cloud computing and so on. a lot of big institutional traders...
$AMZN has been trending up after hitting is lowest of this year since the split and bouncing back up, taking advantage of the market rally. making AMZN a buy for some momentum traders. with the new economic data coming in this week. i expect the market to cool off its rally after its five day bullish streak. The average move of AMZN per day is about $2.00-3.00...
$ROKU suffered a lot in the past few months after missing earnings and continues downtrend in the overall market. on this bearish market, its really hard to predict movement for bullish move. per #strat technical perspective; $ROKU is starting to gain more momentum after last week's slow and small rally. Despite the small rally from last week, the seller ratio...
$AMZN soars as it gets closer to its upcoming reverse split day. Although, its been a rough few weeks in the market, AMZN managed to shine in the last few days as retail investors patiently waited for its reverse split and the possibility of buying some Amazon stocks to add to their portfolio. in my personal opinion or scenario. AMZN will be the be the hot...
$AMZN drops significantly after missing the ER a few weeks ago and it gets worse with the market pulling back, taking the amazon down below the 100MA. based on technical indicators; Amazon is in the oversold position and its almost safe to say its a buying opportunity for everyone. especially with the upcoming split in few days. the split will probably draw some...
$NVDA almost took back its gains from the previous rally as the market switched its momentum to the sell side. the cause of the selloff was due to the bad earnings of two retail giants. ( $TGT and WMT ) as the heavy earnings pass through this week. market sympathy will be focused on two retailers like Applied Material and KOHLS. any missed earnings from these two...
$AMD continues to rally on the second day of this week in the middle of Fed meetings. AMD has been a hot stock to play in the semi-conductors sector after its stellar earrings a few weeks back. Volume increased also for this first quarter of this year compared to last year. seems like everyone wants to get piece of AMD before its start to rally again back to...
$SPY reached its new low for this year as the market extended its losing streak for this month after the fed decision last week meeting. One of the main factors of the sell-off was inflation and shortage of commodities due to back log and covid restrictions. in my personal opinion, i think $SPY will continue to make lower highs or lower lows. Any rips or bounce...
$PG robust 10% organic growth is bolstered by higher prices and sales volume, especially the price due to inflation. Lately, the stock has been down-trending for the past few days reacting to overall market sentiment. in terms of technical analysis, the stock might continue to trend down based on historical patterns and indicators. if you look at the 4hr chart it...
$SPY trading below 100 & 200 moving average and sitting just above the previous level of support around 411-412 where it previously bounces. As the earning week continues, #SPY still struggles to climb back up to break out the resistance level. Also, the market sentiment plays a major role in overall market. Below is my strategy for day trading or scalp play...
$QQQ has been in the down side for the past few days after rallying for 12 days straight. this is expected after the long rally. but this down side might continue. this is due to tech stock taking a beating putting QQQ in a sell off. also with the concerned about geopolitical issue in Russia and Ukraine war and Europe possible comic slow down putting indices in...
$TWTR rises after Elon musk bought a 9.2% of Twitter a few days ago and slowly pulls back, and the price consolidate for a few days. despite the 2 day selloff in the market especially in technology stocks, Twitter held up the price between $44-49 and close slightly higher before the market close last Friday. From a technical perspective, there's a high possibility...