Momentum_Master682

Momentum_Master682

Technical Analysis: - Price cross 20 MA and above, and is above 200 MA - Stock is on an uptrend, with 20MA > 50 MA > 200 MA - Price has been consolidating horizontally and the last bar was a strong rejection of the bearish bar before that (Oil and gas sector fell sharply on the day before) - Volatility is high - Stock seems to be in the early uptrend stage...

Momentum_Master682 Updated 

A double top pattern was formed and the stock crashed and now price has retraced back to the resistance level, giving us another opportunity to ride the waves down. Near-term short signal has also appeared. Price failed to break above 200 MA, showing bearish sentiments. Entry: 49.77 Stop Loss: 53.6 Take-Profit Target: 43.95

Momentum_Master682

Technical: - Cup and handle breakout pattern has formed and is playing out - Price is holding up well above 200 EMA - Strong uptrend is confirmed. As long as price is above 200 EMA, will continue holding. Fundamentals: - Catalyst may be the reopening of Chinese economy boosting demand for energy and natural resources, which in turns boost demand for...

Momentum_Master682

Technical analysis: - Cup and handle pattern - Stock holding up well against SPY and QQQ sell off - Price above 200 MA - Strong uptrend observed Fundamentals: - Anti-cyclical business model and the ability to generate high free cash flow - The company is benefiting from high demand and improved supply chain, leading to increased revenue. Demand stems from...

Momentum_Master682

Technical Analysis: 1. BOX is holding up well despite the NASDAQ, S&P500 and many tech stocks sell-off for the past 5 trading days 2. Price is above 200 MA, and had a break out at 29.6 3. Average volume is high for the past few days during accumulation Fundamental: 1. Recent upgrade by Morgan Stanley and JPM Entry price: 29.60 Stop Loss: 26 Take-Profit Target: 34.77

Momentum_Master682

Technical Analysis: - Cup and handle pattern signals bullish strength - Price breaks above 200 MA, we can use 200 MA as our stop loss - Price stayed resilient despite the SPY ending deep in the red on 15 Dec 2022 Catalyst: - Cancer mRNA vaccine completed pivotal trial (www.bbc.com). For pharmaceutical stocks, successful trials and FDA approvals act as very...

Momentum_Master682

Technical Analysis: A bearish head and shoulder pattern has emerged and a short signal appeared. A break below 273.6 would be a clear confirmation of long term downtrend. Fundamental Catalyst: LULU inventories increased 85% in Q3 2022 compared to Q3 2021. With over 60% of their revenue coming from retail, LULU will continue to face immense competition from...