ThirtyninethParallelInvestment

ThirtyninethParallelInvestment Updated 

Take a look at BLNK. What a resistance we have at $26, yes this is a "meme stock" but we do like BLNK here technically. We are looking for a break and hold of that $26 level and in the short term will be taking profits at $27, $28, $29, and $30. From there we will see. Economic conditions will still not be great for tickers like this to perform well on a longer...

ThirtyninethParallelInvestment Updated 

We can see a nice rejection off of the 540 level which is also the previous swing low that was set on December 21st. ADBE has a high PE ratio of 52.88 which puts it in the category of stocks that are selling off right now due to the federal reserve scheduling rate hikes for next year and reducing it's balance sheet. We can also see the supply/demand shifting to...

ThirtyninethParallelInvestment Updated 

Time again to keep an eye on the price of GLD! There are many factors that come into play with the price of gold. Our outlook remains bullish here technically and fundamentally. With the Fed having printed TRILLIONS over the last couple of years due to the pandemic they have drastically increased the supply of the dollar. This act has of course contributed to the...

ThirtyninethParallelInvestment Updated 

NASDAQ:FB Meta had been consolidating for a few months in a diamond pattern, we do need to wait for confirmation on which way this will break but we should see good movement with volume either direction once the consolidation phase has ended.

ThirtyninethParallelInvestment Updated 

Check out the inverse head and shoulders on the AAPL 1hr chart A move over $177 supply could easily send this to $182 or higher into next week

ThirtyninethParallelInvestment Updated 

Check out the monthly chart on GLD! We've gone over this breakout and if finally looks like we're getting a higher high. We have been long on GLD and physical gold for awhile now as an inflation hedge. This will also be an active play if tensions between Russia and Ukraine continue to escalate. Looking at our fib extensions we see $200 and $210 are well within...

ThirtyninethParallelInvestment Updated 

Huge resistance test coming up here on NVDA. Earnings will likely be the catalyst for either direction Plan is to take longs on a hold over $270, every $10 up will be profit taking levels

ThirtyninethParallelInvestment Updated 

Looks like we finally have a nice breakout on NVDA. Today we broke trend resistance with above average volume and held over the 200SMA Being one of the strongest stocks in the market NVDA could see some serious upside if the market decides to rally. Every $10 will be key levels to wait for a dip and start buying. We could see upwards of $280

ThirtyninethParallelInvestment

We posted prior about this nice NVDA breakout. We mentioned we saw resistance every $10 in order to buy dips and that has pretty much played out as we thought. Next large level is $300 but we'll be waiting for a larger dip to size in again

06:55

ThirtyninethParallelInvestment

Check out what stocks we are looking to trade this week! NASDAQ:LULU Looking to take a breakout over the $355 level Targets: $360, $365, $370 NYSE:TGT Looking for a break of this wedge pattern and a move over $223 Targets: $224, $225, $226, $228 Keep in mind I will not be taking these trades if AMEX:SPY is still range bound between $453 & $444

120:04

ThirtyninethParallelInvestment

Lets go through some charts and set up our watchlist for 2/7 - 2/11

05:22

ThirtyninethParallelInvestment

Here is a couple of things we are looking to trade this week. NASDAQ:MRVL Nice Hammer Candle off the 200sma Taking a move over $67 with targets of $68, $69, $70 NASDAQ:TSLA Another hammer candle off trend and the 200sma Taking a move over $860 with targets of $865, $870, $875, $880

ThirtyninethParallelInvestment

Looks like SPY is heading for a nice confluence of support at this range. Possible trend bounce as well as a bounce off the 200sma

05:47

ThirtyninethParallelInvestment

Hello fellow traders, Please check out my analysis of QQQ, I go over different possibilities of a market correction; how far down the market can go, and where to look for bounces. I also dive a bit into why we are seeing this type of price action. Take a listen and let me know what you think

05:45

ThirtyninethParallelInvestment

Here is what stocks we are going to be watching for this week NASDAQ:NVDA Scalping puts under $270 Targets: $269, $268, $267, $266 NASDAQ:FB Scalping Calls over $337 Targets: $338, $339, $340 NYSE:UPS Scalping Calls over $220 Targets: $221, $222, $223

07:29

ThirtyninethParallelInvestment

Here is what stocks we are watching this week as well as a recap of last week's watchlist! Let us know if you have any questions down in the comments! NYSE:BA Nice Pennant forming here. We will be taking a move over $230 with targets of $231, $232, $234 NYSE:SNOW Nice level forming on SNOW at $328 We will be taking a move over $328 with targets of $330,...

08:12

ThirtyninethParallelInvestment

Here is what stocks we are looking at this week! NASDAQ:AAPL Seeing a nice bounce off of 100sma and the .50 fib level. Looking to take a move over $143 with targets of $144, $145, and $146 NYSE:NET Nice consolidation and retest of old $112 support. Looking to take a move over $116 with targets of $118 and $120

06:56

ThirtyninethParallelInvestment

Here is what stocks we are looking at this week! NASDAQ:AMD AMD over $107 Targets: $108, $109, $110 NYSE:SQ SQ over $268 Targets: $270, $272, $275 NASDAQ:NFLX NFLX over $600 Targets: $602.50, $605, $607.50, $610.