As I look at the price action of this stock, and the chart in particular, I currently see two things in April 2024; one is double top over 4-5 sessions, which could cause an imminent drop to mid 700s and beyond, the second is the lunge to 758 a very key area of resistance that was support which could push this to the next leg. As earnings approach, this could...
While examining a daily or weekly basis makes sense, history does not necessarily repeat itself. The three C's—caution, conservative, and conclusion—are the plan after a few more takes, after observing the data being compiled and comparing it to the data that already exists. If it holds, it will continue, and it has been for six months, swinging both ways and like...
start the flush and the 166 almost seems real enough, which ever angle daily, weekly, or the hours you choose along with moving averages and and other indicators to figure it all out, but I've figured that's not going to bring you success as much this is, simple technical analysis the basics support & resistance, it has been happening a lot recently and it caught...
I just wanted to let all of you big hitting traders know a few things. The consolidation stage, which I termed step 1, has a stair-climb theme, but not as much as the spread in bouncing from one to the other, which has been evident for weeks or even months. I've counted three if we exclude the stair step, therefore this is not a good option play because it's...
It has been on the cards for a while with struggles in a few markets, the topsy turvy challenges, the twitter distraction, the spaceship and rocket launch production, the satellites being put around the earths hemisphere, to the neuro link stunning progress in one of its patients.
So great things but what about tesla, well Elon recently advertised the federal...
The results were outstanding, the earnings, one of the best, the content gets better, the password debacle, forgotten. Netflix is going back to where it was before the slide. The analysts seem to think even higher, the current place of determined bulls is to send the next wave into reach the next milestone in its journey to the top, and the 600 place.
Humana hasn't been a favorite of mine, although there is plenty of potential to rebound as long as management gets its act together we could be back to where it has been trading before the disastrous but not unexpected recent earnings surprise.
As we are still in an uptrend, no reversal decision or reversal change in technical analysis. I am interested to see it go up and continue this rise to higher highs, and until we see sudden change in reversal, I will continue to ride the gravy train, up the streets of san fran!!!
Get ready for another lackluster of action from Carvana stock. the 200 is still settled, 100 moving in the northward direction, but we do see the similarities of the channel on the daily which continues to go up and down like a yo-yo
My plan idea: Goes to mid 34 then a slight bounce to 36 to create a head & shoulder pattern, with that confirmation I wouldn't be as reluctant to go further bearish with a price target of $25. On the flip side if it breaks $40 my stop would be hovering at around 40.50
so the stock is going up because the market has been 4/5 green consecutively. if it breaks my channel of 53.40 we are in an uptrend, with targets standing tall at 60 and above. If this breaks, the stop is at 1% of this exit which is 0.53, so my stop for the bull breakout is $52.86 as I see it heading towards $60.
I have a channel if it breaks 53.4 it can go to 60 and beyond, if it fails 53.40 then it could continue to channel and go to $45 and below, depending on market conditions. Entry was shy of 48 targets as short is 44.85 +$3.02 otherwise I pull out 1% from a stop which is $52.86, and take a loss of $4.99 Risk outweighs the reward.
okay futu at the bottom, inverse h&s forming, fundamental news, buyback, and Q4 results, so bullish long term. TA squeeze 20% sort volume, insiders shy of 10% stock up 30% could retrace to 22-25% as a today rate hike, and JP to speak about the forecast. Also noticed with this news, the RSI is signaling a downward move, while stock is trending in opposite...
tesla like other stocks is in a bearish trend, and due to the fed raising rates, this may continue for the week. I do see the mid-upper 600s when we get good news on inflation and a peaceful resolution to the war.
The chart can bounce at any moment, it has broken solid support
