what's your target price for the split? this is a very exciting time for position traders watching the upcoming split - especially those of us who participated in past tech-stock splits and how rewarding these were (late 90's anyone? ) -- we also know some fund managers are awaiting the split to happen to start loading up AAPL at the new price. here'e my...
on the daily, PINS looks ready to trigger a new wave into the demand mode after consolidation - we look at a possible breakout to >$40 if PINS can breach thru the upper red resistance line -- the momentum (expressed by the UTO) and supply/demand volume (v.viewer) are lining up - with a backdrop of a slightly increasing positive sentiment. would be great if this...
a bullish run to a safe zone above $1,760 doesn't seem too far-fetched - especially that the daily view supports it. TSLA pulled a 13% up day with the excitement around the 5-1 split - and that day pulled it out of the supply into the demand mode - a projection using a similar move to the prior run end of June/wk1 July shows a possibility of breaking into the...
check out this view on the 30min chart AAPL is in the 3rd attempt to breach resistance at $443 (check the white markers) - looking at the momentum, we have 2 strong 30min bars (hi-score per the UTO) - but very light buying pressure.. it's as if the price is pegged to that range $437 to $443 .. although the bulls managed to push the low slightly up...
there are a lot bigger bubbles around - food for thought ..
Market reaction for the last earnings wasn't that positive, but today the move was strong and showed some bullish commitment and supported with large volume - don't believe that's only because of the new around TikTok but it may have helped. we're in all time high above $217 - and if the bulls can maintain that momentum (let's see reactions tomorrow and rest of...
Sharing an updated chart and will start with the conclusion first - i'm long AAPL and will add to the position before the split - in an attempt to capitalize on what i consider to be a rare investment opportunity that happens maybe once every few years. - AAPL has delivered awesome earnings for the June quarter, in spite of the COVID situation and the store...
there are tons of analysis on AAPL ahead of the earnings call - and both a bullish and a bearish cases are justifiable. While the daily view shows that AAPL dropped from the well-defined channel and even gave a bearish signal (see below), the hourly view reveals that it's in fact getting stuck in a channel with some positive sentiment in the background - which is...
interesting pattern is shaping up on TWTR daily chart -- this is the 7th "saw tooth" since the lows in March - and keeping within an almost perfect channel. - TWTR already facing headwinds - for a bull scenario to unfold (hit $40 in wk1 July), TWTR has to breach 2 important resistance levels and make the same move as before - but there's also an important...
this is a quick update from previous linked post. the drop in the past 2 days presented an opportunity to improve break-even price - although the price action today and the momentum profile supports a case for "long" - i'd consider UBER to be risky until it moves beyond the safe zone on the chart - so watching closely. the price targets are added to the chart -...
This is a promising chart so i'll move UBER to the top of the watch list - we like stocks that are coming back from a sell into buy mode - we see this in UBER on both the daily and the weekly charts also UBER has not fully recovered to the pre-COVID levels like other stocks - leaving a good upside of ~18% (target #1) to ~28% (target #2) i like a quick dip back...
i was going to close my long SNAP - but on a second look, we're at the critical level from all the way back to the 2017 IPO times .. marked with the red dotted line @ $23.3 ' ish the chart shows some anxious sellers (non-believers 😊 ?) who preferred to bail as soon as SNAP hit the > $24 levels - but then we saw no follow thru - so in my view, there's a good...
the bulls have been very persistent with QCOM. it took more than 4 attempts to break the $81 and the $89. next we should expect to breach the $92, maybe today by market close (that would be great), maybe Monday? we have good tail wind and positive/green sentiment - but the current short term move is not yet a fully formed uptrend (on the 1hr and Renko...
MSFT saw a smooth and easy push thru the resistance range after the market weakness last week - and with reasonable demand. we can expect "favorable winds" to continue in the short term, and new ATH's !! My estimate for the current move is $14.5 from the reversal level @ ~ $195. so our next target is somewhere around the $209.5 level - remember, no one can tell...
this is a bit of a different perspective using Renko 1hr/$0.5 blocks it shows a possible bullish convergence between price and both seller power & supply/demand on the short term, but to confirm, MSFT should close the week above the resistance band at $198 - $198.5 -- else opens with a gap above that level on Monday -- if neither of these scenarios happen, we may...
here's my expectations for this move - it's possible TWTR eases up to the $28.3 - $29.3 range, then from there continues the move up not expecting the current news to hurt TWTR that much - there are much bigger forces at play to drive the stock price - and in my view it's mostly large investors dictating how this plays out.
here's a quick analysis of 5 trading weeks of MSFT using the 4h resolution - using our VViewer to inspect the estimated supply & demand 1. last Friday, MSFT made the 3rd attempt to break above the $187-$188 resistance and go into a new ATH 2. according to the chart, this was the first time it did this with determination (increasing demand) - the past 2...
the chart shows a possible scenario if INTC can maintain the gains it made this week, getting into a new range - big part of that depends on what happen at the open next Monday - so far we see this move above the $63.5 has some demand & positive sentiment behind it, which sends an optimistic signal that it may hold to that new range. the problem with INTC is it's...