itsmiguelsol

itsmiguelsol

The real estate market has been benefiting from low mortgage rates, and companies like American Woodmark should succeed well after a vaccine is out. From a pure technical perspective, there are a few things that make AMWD’s chart an attractive set up. A MACD buy signal convergence is possibly forming, which I could possibly be confirmed, by the price action...

itsmiguelsol

Based off my previous DKNG chart, DKNG is pushing up towards the 55’s. I think with the impending 2nd lockdown coming, DKNG has a chance to have another bull run. Around the 3rd week of March when the national lockdowns began, we can see in the purple shaded rectangle, the lockdown seemed to serve as a catalyst in a bull run. As we also saw in August in the pink...

itsmiguelsol

My next long hold is HYLN. I was lucky enough to get in on a cost basis of $22/share. I loved HYLN when it was $50’s back when it was still known as SHLL. I’m not quite sure of the reason why there was such a big sell off - I do know that post-merger, SHLL did not have the 180 day lock out period that most SPACs have. I personally believe that HYLN is providing...

itsmiguelsol

DKNG pushed up to as high as 65 after the restart of sports, but with the recent public offering of shares, DKNG had a huge drop in pricing. I believe that DKNG is a great company to hold for the future, and this presented a potential great buying opportunity. DKNG helped the trend line dating back to April. Though this is not too long of a historical trend, in...

itsmiguelsol

Silver has historically thrived under Democratic presidents, and I think this will be no different this time around if (or when) Biden wins. SLV seemed to recover the last 2 days of this week on riding the trendline that's been dating back to March of this year. I'm going to be watching 24.25 as resistance this week with possible upside of 25.50's in the short...

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AMD's chart looks to be forming a possible bull flag. With earnings coming up, I think there is a possibility for AMD to touch ~74 as support, but has a chance to possible gap with positive earnings outlook. Further down trend for the rest of this week possibly confirmed by MACD chart as well, along with bear engulfing candle last week. With the upcoming...

itsmiguelsol

CVNA price action will be interesting to watch as it runs up to earnings. I don't think earnings will be different this time around - nothing has really changed with pandemic and people are still looking for used cars as an alternative transportation. Price action has been grinding the upward trendline as well, and hopefully continues to do so. Will be looking...

itsmiguelsol

Bull scenario

itsmiguelsol

SLV has been taking a beating towards the latter half of September. It gapped down pretty drastically from the 25 range down to 21s but over the last week, it has been building up nicely. I will be watching SLV this week, and hoping for a gap up to the high 23's low 24's. Ideally, we can get some action trapped in the box, like we saw during Aug until late...

itsmiguelsol

MU crossed the 20 day MA within the Bollinger Bands, and it looks like it has some room to run if we can break 50.21. MACD signal line also gives us an indication we may have an opportunity to buy. Possible entry point ~48 or ~50.

itsmiguelsol

Midweek update of SPAQ

itsmiguelsol

possible break out with GOLD

itsmiguelsol

Snowflake

itsmiguelsol

CWH will be a watch for the week of 10/5. There has been consolidation over the last 6-8 weeks and there is a chance at a break out. We have the buy signal with the MACD indicator, and RSI looks like it has some more room to go. I will be watching closely tomorrow (10/5). If CWH can break 33.43, next level is 36.71

itsmiguelsol

Viacom has been in an uptrend since March, and I think this week will test this uptrend. The trendline has grinded the 50 EMA over the previous two trading days, but did finish the week on a strong note. I will be looking for the trendline to break ~28.57 as resistance, and looking for an entry point at ~29.10, with stop loss at 25.03. If successful, I can see...

itsmiguelsol

I think Gamestop has a chance to run this week based off a few key factors. Looking at RSI, GME was extremely oversold this week. Based off recent history, when GME has been oversold, it has had a good runs of crossing the 20MA and used it as support. At the 9.39 price point, GME is grinding the lower half of the Bollinger Band, and could have opportunity to...

itsmiguelsol

Hi all, this is my first time charting using technical analysis. SPAQ has been grinding the 50 day moving average hard and I personally think that we may fall below that average if we don't get any news this week... we have support at 11.56 worst case scenario, but we have several catalysts that could push us past 15.47. Please give me feed back any info that you...