CAT chart is looking bullish. Nice bounce of 200 MA, RSI and price action are showing bullish divergence. Might wait for 12 MA to cross 26 MA before entering long. PT $216-$220 by EOW if earnings don't miss.
DKNG made a nice move above previous support/resistance. 100MA acting as resistance currently. A break above the 100MA would be bullish. I expect $56+ very soon.
Waiting for RBLX to pull back and hold $83 range. If $83 holds $90+ will be the first quick target.
UBER looking prime for a quick run back to the upper $40's. Looking for $47 by 8/20. Playing $46 calls expiring 8/20.
TSLA consolidating nicely. Flipped resistance into support. I think a push to 750 is possible in the next few weeks.
TDOC looking a little bearish in the short term. Bear pennant formed, ready to break to downside on any NASDAQ weakness (which we are almost guaranteed to get this week with this fickle market). Playing $148 puts.
UPS will trade under the ticker symbol DOWN until that gap is filled. $180 level is a good entry to go long.
SQ likes to consolidate for 2 days (inside candles) and the make a big move to the upside. Looking for $282+ tomorrow.
RIOT looks primed for a move to the high $30's-low $40's this week.
Looking for EA to retest ATH. Approaching apex of ascending triangle. Might retest trendline one more time before breaking out.
FEDEX is primed for a breakout this week. Will be paying close attention to XLI & UPS. FDX has had a 10% move the last 2 times UPS reported earnings. I don't expect 10% again but I wouldn't rule it out either. 10% puts FDX around $326. Symmetrical triangle has formed and ready for a move to the upside. Looking at playing the 8/6 $300 call options. Sympathy plays...
Boeing looks like it could make a push to the $300 range if it continues to follow the current trend. Earnings will either push it to the top of the channel or break below it.
Inflation is still in a downtrend even with it surging at the moment. If history repeats itself it should be at its peak and reverse course back to the mean. Don't let the financial media spook you. Think for yourself and form opinions based on data.
Look for MVIS to have a major breakout to the upside from the falling wedge. Shorts will need to cover...
Looking for FUBO to breakout of this wedge to the upside tomorrow and possibly make a big move and retest resistance around 22.92.
MVIS is a fast moving stock. I think we will see a reversal in the coming days. If we can get a big green candle to push over the downward trendline I'd expect a test of the second resistance line at $17.19 and a breakthrough shortly after.
If DKNG can hold this trend I see $90 by May.
When FRSX has touched the trend line in the past it has had an explosive bounce. I think the same thing will happen tomorrow! PT of $11.50 for tomorrow.