Roku is one of Cathie Wood's holdings. I think in the short run ARKK could have some bullish movements. this could lead Roku to test 70th level
This underlying bu Oanda is best alternative for futures (the difference is about $10 and also works at cash session/premarket period) SPX tested 0.382 level of Fibonacci and can not hold it. In my opinion, SPX could test 0.5 level there is no huge volume it is important to wait closing 65M chart.
MSFT tested the long-term downtrend line. I think next week MSFT will test the moving averages below.
This week a Twitter user bought a blue tick by spending $8 to post a fake tweet "insulin will be free now". Major Insulin producer LLY erased $30 billion in market cap. in a single day. Fundamentally this stock has a huge P/E ratio, in spide, there still has growth potential for that underlying. IMO LLY will retest new highs.
SPX is on a downtrend since Jan 2022. this week after SPX rallied after the CPI print. However, I think that it is hard to break the upper band of the downtrend channel. Personally, for me, SPX could fall at beginning of next week.
Early morning TSN will release quarterly earnings results. Friday before the market closed I saw some bearish contract flows on the 18 Nov 2022 expiry date for this underlying stock. Personally, I am not a big fan of playing earnings for the short term. Based on my quantitative analysis model I found that TSN stock is now at one of the lowest volatility levels....
Based on my analysis and Fibonacci levels within the parallel channel's TL support and resistance I estimate SPY could retest the 0.5 level early next week.
Visa is looking pretty nice to bounce up and break the TL support level above. I guess V could break parallel channel next week
Kellog is one of the my favorite stock. I expected that the price of this stock will bounce up in upcoming days.
I am bullish on IBKR for next week. I estimate it can recover Friday loss this week. below $72.5 trigger me.
This week was great for semi's NVDA is pending earning calls in Wednesday. As soon as could hold $155+ I estimate it could retest $175-$180 range.
DXY collapsed this week with news related on the CPI news. Despite that I believe index could break it highs since early 2000's
In my opinion Goldman Sachs could pullback next week to retest EMA in given levels.
I guess PBR could retest upper levels. after a heavy sell-off, it could recover by testing the moving average. An important factor is oil price fluctuation.
Amazon did a nice rebound from support, Can not afford to reach resistance. early next week I guess it could pullback to retest moving averages to 90th
DLTR withing upper range of the paralel channel. I think with bullish move can break upper band and continue to grow
I see huge upside potential for this stock. this stock was quiet strong when market was likely to fall. I think there could be bullish up moving
I see some possible bearish movement on this stock. most probably MRK will fall for retest given level