SPY S&P 500 ETF Potential W-Shaped Recovery Forming We may be witnessing the formation of a W-shaped recovery on the SPY (S&P 500 ETF) – a classic double-bottom structure that often signals a strong reversal after a period of correction or volatility. Let’s dive into the technicals and what this could mean in the sessions ahead.
🔍 The Technical Setup:
SPY recently tested key support around the $485-$500 zone, bouncing off that area twice in the past few weeks. This gives us the left leg of the W and the first bottom. After a modest relief rally to ~$520, we saw another pullback – but this second dip failed to break below the first bottom, a hallmark of the W-pattern.
As of today, SPY is starting to reclaim ground toward the $517-$520 resistance zone. If bulls can push through this neckline area, especially with volume confirmation, we could see a breakout that targets the $530-$535 area in the short term.
🔑 Key Levels to Watch:
Support: $490-$500 (double-bottom support zone)
Neckline/Resistance: $530
Breakout Target: $550 (previous highs)
Invalidation: A break below $490 with volume could invalidate the W-recovery idea and shift bias bearish.
📊 Momentum & Volume:
RSI is climbing back above the 50 level – bullish momentum building.
MACD shows a potential crossover forming, hinting at a shift in trend.
Watch for increasing buy volume as SPY approaches the neckline – that’s where the bulls will need to step up.
🧠 Macro & Earnings Angle:
Don’t forget – we’re entering a heavy earnings season and rate cut expectations are still a wildcard. A dovish tone from the Fed and strong corporate results could be the fuel that sends SPY higher to complete this W-shaped recovery.
🧭 Final Thoughts:
This is a high-probability setup if neckline resistance is broken cleanly. Wait for confirmation before going heavy – fakeouts are common in double-bottom scenarios. If we do get the breakout, we may be looking at a broader market rebound going into summer.
🔔 Set alerts near $525. A confirmed breakout could mean the bulls are back in charge.
Buysellindicators
GME GameStop - A Crypto Proxy with Surprise UpsideIf you haven`t bought GME before the previous rally:
Why GME Could Rally by Year-End 2025:
1. Hidden Bitcoin Exposure
GameStop recently revealed it holds a significant amount of Bitcoin on its balance sheet — quietly positioning itself as a crypto proxy in the equity markets.
While not a traditional miner or crypto company, GME gives exposure to BTC upside without being a pure-play crypto stock.
With Bitcoin aiming for new highs in 2025, any company with BTC on its books becomes more valuable — just as we saw with Tesla and MicroStrategy in prior cycles.
2. Retail Speculation and Meme Momentum
GME has always been a retail-fueled stock, and retail interest is surging again in crypto and meme trades.
As crypto enters a new speculative phase, GME could benefit from a reflexive feedback loop: BTC goes up → GME gains attention → more retail FOMO → GME rises.
Recent reappearance of figures like Roaring Kitty has reignited interest — and if crypto sentiment stays hot, GME could ride that wave.
3. Lean Balance Sheet and Optionality
After multiple share offerings, GameStop is flush with cash and minimal debt — giving it financial flexibility.
Holding BTC enhances its treasury strategy during inflationary or weak-dollar cycles.
This also gives it optionality to enter Web3, NFTs (again), or even blockchain gaming — areas where its brand could carry weight.
Technical Setup
GME is consolidating above key support in the $20–23 zone, forming a potential bull flag or base for another breakout.
Any breakout in Bitcoin or renewed meme-stock energy could push GME to test $35–40, or even $50+ if momentum returns.
Final Thoughts
GME may not be a traditional crypto stock, but it’s now quietly tied to Bitcoin performance. With crypto heating up and retail risk appetite returning, GameStop becomes a speculative bet on BTC, memes, and volatility — all in one ticker.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Why BABA Alibaba Could Rebound Strongly by Year-End 2025If you haven`t bought BABA before the recent rally:
What you need to know:
BABA’s fundamentals, fueled by e-commerce, cloud, and AI, support its technical bullishness:
E-commerce and Cloud Rebound:
Q1 2025 revenue grew 7% year-over-year, with Taobao/Tmall rebounding and cloud revenue surging due to AI demand.
Alibaba’s cloud division, China’s largest, benefits from hyperscaler AI workloads, with 15% profit margin projections by 2029.
AI Leadership:
BABA’s AI assistant and generative AI tools drove a 70% stock surge in early 2025, positioning it as a leader in China’s AI race.
At 12x forward P/E with 8% revenue CAGR, BABA is undervalued (fair value ~$162).
Share Buybacks:
Aggressive share repurchasing (6% annual reduction) boosts EPS, with $1 trillion GMV reinforcing e-commerce dominance.
Macro Tailwinds:
Easing CCP regulations and China’s stimulus measures (e.g., rate cuts) support BABA’s rally.
Minimal U.S. exposure insulates BABA from trade war risks.
Conclusion: BABA’s Path to $168
BABA’s technicals, with a bullish breaker and wedge, signal a breakout above $125–$130, targeting $150–$168 by year-end 2025. Fundamentally, its e-commerce dominance, cloud/AI growth, and undervaluation make it a standout. Traders should buy dips near $110–$115 or await a $130 breakout. With stimulus and buybacks as catalysts, BABA is set to soar.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
WOOF Petco Health & Wellness Company Potential Bullish ReversalIf you haven`t sold WOOF before this major retracement:
WOOF Petco Health and Wellness Company has experienced a notable selloff recently, with its stock price declining to around $2.47 as of mid-June 2025. However, several fundamental and technical factors suggest that WOOF could be poised for a meaningful reversal and upside recovery in the near to medium term.
1. Attractive Valuation and Upside Potential
Despite the recent pullback, Petco’s stock is trading at a compelling valuation relative to its long-term growth potential.
Price forecasts for 2025 indicate an average target of approximately $3.55, representing a 43.7% upside from current levels.
More optimistic scenarios project highs up to $7.05 within this year, suggesting significant room for a rebound if market sentiment improves.
Long-term forecasts are even more bullish, with price targets of $14 by 2030 and as high as $77 by 2040, reflecting confidence in Petco’s strong market position and growth prospects.
2. Resilient Business Model in a Growing Pet Care Market
Petco operates in the resilient pet care and wellness industry, which benefits from secular trends such as increased pet ownership, premiumization of pet products, and growing consumer spending on pet health.
The company’s omni-channel approach—combining e-commerce with physical stores and veterinary services—positions it well to capture multiple revenue streams.
Petco’s focus on health and wellness services, including veterinary care and pet insurance, provides higher-margin growth opportunities that can drive profitability improvements.
3. Technical Signs of Stabilization and Potential Reversal
After the recent selloff, WOOF’s stock price has found some support near the $2.40–$2.50 level, with increased trading volumes indicating growing investor interest.
The stock’s recent modest gains and stabilization suggest that selling pressure may be easing, setting the stage for a potential technical rebound.
Options market activity and analyst upgrades reflect improving sentiment.
4. Improving Operational Execution and Financial Health
Petco has been investing in expanding its veterinary services and digital capabilities, which are expected to contribute to revenue growth and margin expansion.
The company’s recent earnings calls and financial reports highlight progress in cost management and customer engagement initiatives.
Strong cash flow generation and manageable debt levels provide flexibility to invest in growth and weather macroeconomic uncertainties.
5. Market Sentiment and Analyst Support
While some analysts remain cautious, the overall sentiment is shifting toward a more constructive outlook, with several price target upgrades and “hold” to “buy” rating adjustments.
The combination of attractive valuation, improving fundamentals, and sector tailwinds is likely to attract renewed institutional interest.
FCEL FuelCell Energy Options Ahead of EarningsAnalyzing the options chain and the chart patterns of FCEL FuelCell Energy prior to the earnings report this week,
I would consider purchasing the 5usd strike price Calls with
an expiration date of 2025-7-3,
for a premium of approximately $1.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
S SentinelOne Options Ahead of EarningsIf you haven`t bought S before the recent rally:
Now analyzing the options chain and the chart patterns of S SentinelOne prior to the earnings report this week,
I would consider purchasing the 20usd strike price Calls with
an expiration date of 2025-9-19,
for a premium of approximately $2.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
AI C3ai Options Ahead of EarningsIf you haven`t bought AI before the previous earnings:
Now analyzing the options chain and the chart patterns of AI C3ai prior to the earnings report this week,
I would consider purchasing the 23.5usd strike price Calls with
an expiration date of 2025-5-30,
for a premium of approximately $1.31.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NVDA NVIDIA Corporation Options Ahead of EarningsIf you haven`t bought NVDA before the previous earnings:
Now analyzing the options chain and the chart patterns of NVDA NVIDIA Corporation prior to the earnings report this week,
I would consider purchasing the 131usd strike price Puts with
an expiration date of 2025-6-20,
for a premium of approximately $7.00.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I`m overall bullish long term on NVDA.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
$FET has formed an ascending triangle pattern!NYSE:FET has formed an ascending triangle pattern!
After getting rejected from the $0.93–$0.95 resistance zone, price pulled back but it's holding above this lower trend-line support and this 100EMA.
If this support holds, we could see a move back toward the resistance zone, and maybe even a breakout above it.
DYOR, NFA
COIN Coinbase Global Options Ahead of EarningsIf you haven`t bought COIN before the recent rally:
Now analyzing the options chain and the chart patterns of COIN Coinbase Global prior to the earnings report this week,
I would consider purchasing the 220usd strike price Calls with
an expiration date of 2025-8-15,
for a premium of approximately $18.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
AFRM Affirm Holdings Options Ahead of EarningsIf you haven`t bought AFRM before the last rally:
Now analyzing the options chain and the chart patterns of AFRM Affirm Holdings prior to the earnings report this week,
I would consider purchasing the 50usd strike price Puts with
an expiration date of 2025-9-19,
for a premium of approximately $8.65.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
BBAI BigBear ai Holdings Options Ahead of EarningsIf you haven`t bought BBAI before the massive rally:
Now analyzing the options chain and the chart patterns of BBAI BigBear ai Holdings prior to the earnings report this week,
I would consider purchasing the 3usd strike price Calls with
an expiration date of 2025-12-19,
for a premium of approximately $1.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
RIOT Platforms Options Ahead of EarningsIf you haven`t bought RIOT before the previous earnings:
Now analyzing the options chain and the chart patterns of RIOT Platforms to the earnings report this week,
I would consider purchasing the 12usd strike price Calls with
an expiration date of 2026-3-20,
for a premium of approximately $1.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
MSTR Strategy Incorporated Options Ahead of EarningsAnalyzing the options chain and the chart patterns of MSTR Strategy Incorporated prior to the earnings report this week,
I would consider purchasing the 390usd strike price Calls with
an expiration date of 2025-9-19,
for a premium of approximately $81.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
ABNB Airbnb Options Ahead of EarningsIf you haven`t sold ABNB before the retracement:
Now analyzing the options chain and the chart patterns of ABNB Airbnb prior to the earnings report this week,
I would consider purchasing the 105usd strike price Puts with
an expiration date of 2026-1-16,
for a premium of approximately $8.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
INTC Intel Corporation Options Ahead of EarningsIf you haven`t bought INTC before the recent rally:
Now analyzing the options chain and the chart patterns of INTC Intel Corporation prior to the earnings report this week,
I would consider purchasing the 25usd strike price Calls with
an expiration date of 2026-1-16,
for a premium of approximately $1.83.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
TMC the metals company Options Ahead of EarningsIf you haven`t bought the dip on TMC:
Now analyzing the options chain and the chart patterns of TMC the metals company prior to the earnings report this week,
I would consider purchasing the 2.00usd strike price Calls with
an expiration date of 2025-5-16,
for a premium of approximately $0.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
INTC Intel Price Target by Year-EndIntel Corporation (INTC) has been trading near a key technical support level, forming a triple bottom on the chart—a bullish reversal pattern that suggests a potential upside move. The stock currently trades with a forward price-to-earnings (P/E) ratio of 20.44, which reflects moderate valuation levels compared to industry peers.
Intel’s turnaround strategy, focused on rebuilding its foundry business and strengthening its position in the AI and data center markets, is starting to show signs of progress. The company’s push into advanced chip manufacturing and strategic partnerships with major tech firms have positioned it for improved revenue growth in the coming quarters.
Technically, the triple bottom pattern indicates strong buying interest at current levels, reinforcing the case for a potential breakout. Combined with the improving outlook for chip demand and Intel’s strategic shift toward AI, a price target of $28 by the end of the year appears achievable. This would represent approximately 15% upside from current levels.
Investors should monitor Intel’s progress in its foundry business and AI initiatives, as any positive developments in these areas could accelerate momentum toward the $28 target.
BTC Bitcoin Technical Rebound Despite Whale Short Position !If you haven`t sold this recent top on BTC:
Now Bitcoin (BTC) has recently pulled back, but signs are emerging that a technical rebound could be imminent.
A large crypto investor, or whale, has reportedly opened a 40x leveraged short position for over 4,442 BTC (valued at over $368 million), effectively betting on a near-term price drop. However, this appears to be more of a short-term, low-volume trade rather than a sustained bearish position.
Given the high leverage involved, the whale will likely seek to close the position soon with a modest profit rather than holding it as a long-term directional bet. Weekend trading volumes tend to be lower, which could contribute to short-term price weakness — but once the position is closed, buying pressure could return, fueling a recovery.
From a technical perspective, Bitcoin is currently near key support levels, with momentum indicators like the RSI signaling oversold conditions. Historically, similar setups have led to sharp rebounds as short covering and renewed bullish sentiment drive prices higher.
My price target for Bitcoin is $97,500 by the end of the year, which would represent a recovery of approximately 15-20% from current levels. If the whale closes the short position and broader market sentiment stabilizes, Bitcoin could quickly regain upward momentum toward this target.
LAZR Luminar Technologies Options Ahead of EarningsAnalyzing the options chain and the chart patterns of LAZR Luminar Technologies prior to the earnings report this week,
I would consider purchasing the 7usd strike price Calls with
an expiration date of 2026-1-16,
for a premium of approximately $1.40.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NIO Options Ahead of EarningsIf you haven`t bought NIO before the previous earnings:
Now analyzing the options chain and the chart patterns of NIO prior to the earnings report this week,
I would consider purchasing the 6usd strike price Calls with
an expiration date of 2025-6-20,
for a premium of approximately $0.47.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
COST Costco Wholesale Corporation Options Ahead of EarningsIf you haven`t bought COST before the rally:
Now analyzing the options chain and the chart patterns of COST Costco Wholesale Corporation prior to the earnings report this week,
I would consider purchasing the 1030usd strike price Puts with
an expiration date of 2025-3-21,
for a premium of approximately $22.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
BBAI BigBear ai Holdings Options Ahead of EarningsIf you haven`t bought BBAI before the massive rally:
Now analyzing the options chain and the chart patterns of BBAI BigBear ai Holdings prior to the earnings report this week,
I would consider purchasing the 5.50usd strike price Calls with
an expiration date of 2025-6-20,
for a premium of approximately $1.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.