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Growthstocks

DLocal $DLO is giving signs of recoveryNASDAQ:DLO is one of the new hot growth stocks that is in everyones radar. The good thing is that as it has been beating up for the las few months, it may be a good play. Since December the MACD is been signaling a bullish divergnece. Now, after a good double-bottom it seems that the price has made a pause making a handle. This volatility compresion with low volume is the perfect signal for an explosive move. And that move may be upward. Still growth stocks haven't been working so I would play very safe. Start with a buy at $34.50 with a small position and then add up as the price maintains the bullish move. Also, beware of the support and resistance zones.
NASDAQ:DLOLong
by dpuleo19
LCID - If you like to be early bird Constructive volume with reclaim of 9 EMA and more importantly mid BB 3 Day chart shows EMA rejection, but that could mean near term weakness - even if it finds bullish flow in the short term. Ideal long entry for me would be around 21 with SL as 20.0 (lower if you have bigger risk appetite) short term target would be around 40. (where VMA would be if the trend reverses. Pullback around 43 would be the safest bet if you are a LT investor.
NASDAQ:LCIDLong
by CheelooTrader
Stocks To WatchMany names are holding up well in this market. Get a pen and paper because I go quickly and make the trade your own.. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 28 total stocks on this list Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
NYSE:NOVALong
by Jtacher51
1
ARK funds - Could we see the light at the end of tunnel ? Hello Traders and (and maybe Tech/ Value / Longterm Investors ?), ARK funds took BIG hit last year and sell-offs continue. (Panic and uncertainty at the market, raising Inflation and Interest rates, ... War or Pandemy, what could be worse ? WW3 ? ). So are the ARK funds Investable ? I believe so... but under some conditions. 1) Most stocks were simply overvalued and still not profitable. (Growth stocks investing in the future potential). 2) Most stocks are good picks and can be found also in funds of many other famous investors). 3) You need to believe there are some technologies which will shape future world same like do companies like APPLE, Facebook, Amazin or other giants today. Because many of todays giants are going to do bad decisions (or simply don´t pay attention) and lose their stake of market. 4) Investing in the ETF which is diversified into 30+ Stocks is some king of protection against stockpicking.Entire ARK strategy is based on statistics = some companies will be loosers, BUT some will WIN BIG. To setup some good investing strategy we should find place whereRisk:Reward ratio is best. - If you look at the chart of individual stocks in this ETF most of them are finding lower lows and creating simple / double RSI convergencies. - P/E ratios could be still high (above 20), but check history of Walmart´s or Amazon´s P/E. - Nearest support level is Pre-pandemic zone of 40-60 USD. In my opinion, we are forming last wave (v) of C corrective wave. Using Fibonachi extension of Wave A, ost probable zone for GOOD buy opportunity is around 62.9 USD (1.414 Extension). (= -16% from current level) BEST opportunity will be if the price drops to 49-40 USD zone (Maybe some sharp wick to gather stop-losses). (= - 30% from current level) Risks: - US Dollar currency index seems to form triangel on 1W Timeframe. if we reach to top line and turn around, it will mean positive outlook for speculative High growth companies and Crypto market. - World War 3 (small chance, But in that case the stock market really doesn´t matter for few years); - Very high inflation (than you really wanna be invested in something with huge growth). Recommendation: - DO YOUR HOMEWORK and check all the companies in the ARK fund which you would like to buy to be sure it rezonate with U. also check "Scottish Mortgage Investment TRUST" (Ticker:SMT) which I personally like. They came first with Tesla investment thesis and benefitted most. ;)
AMEX:ARKWLong
by Longevity_Contrarian
1
This is what I want to see on PYPLThe first thing to say is, "I'm faaaar away from developing a setup right now on PYPL; when things are melting, trying to find a bottom is a really unprofitable business (or at least for me). So that's why I use relevant supports/resistances or trendlines as main levels before thinking about developing new setups. In this case, the first trading opportunity I would be interested in is IF the price can break the first trendline. IF that happens, I want to see a correction, and a setup on a new high may be a good opportunity to get exposure to a new bull run. I would like to add to this explanation why I always wait for breakout + correction before trading. This is because most of the time, we don't observe levels being broken like if nothing were there, most of the time when the price reaches or breaks a key level we will tend to observe some kind of retracement (this is valid both for bearish and bullish directions). Waiting for this is a good way of avoiding fakeouts because you are not entering on the first breakout. This means that your drawdowns will tend to be more controlled because you are able to avoid A LOT of low-quality situations by doing this. The negative side is that sometimes the price breaks the level like if nothing were there and you miss the setup (however, I have realized that this is the exception) Going back to the PayPal explanation, I think patience will be my strategy here; I want to see a clear bottom which means observing several more candlesticks before saying "oh, this is reversing" and then paying attention to the descending trendlines, as the first place where I'm thinking on developing setups. At the moment, PYPL stays on my watchlist as "WAIT WAIT WAIT." Thanks for reading! Please feel free to share your view and charts in the comments.
NASDAQ:PYPL
by ThinkingAntsOk
3
NVDA - Nvidia CorporationNVDA is my first buy in close to a month after being stopped out of everything at the beginning of the month. I bought a quarter position in the morning, followed by another quarter later in the day, bringing me to a half sized position at an average price of $238.86. Not in any hurry to add size until I get some traction with the shares I have. The green light to begin buying came on Friday's close, which was a follow-through day on the SPY & QQQ after Monday's day one bottom. Today the indexes continued to follow through, which gave me the confidence to add the second quarter to my position.
NASDAQ:NVDALong
by apaqu
1
PLTR. This Future Move Makes Sense. RE-POSTED.NYSE:PLTR was in a rising wedge before it made the recent 43% drop. Now, on the weekly, it appears to be forming a falling wedge . What this means is that we see at least one lower low, before we can break the top of the falling wedge , and eventually reach all time high. Currently, the falling wedge is not confirmed because we have only two touches on its bottom side. Moreover, RSI is sinking lower and lower with each new low. We wait to see a lower low corresponding with a higher RSI low, forming an RSI divergence. When that happens, then we have a trade setup with 80% to 100% upside, depending on where bullish confirmation occurs. For now, we just wait and see.
P
by TechNerdOmar
TSLA current situation + possible directions.Today, we will look at TSLA and the current situation we are in. Technical context: - The price is currently on an ABC flag pattern (yellow lines) - The price is close to an ascending trendline coming from March 2020 - The price has reached a major support level (900.00) What can we expect from here? Bullish perspective: Inside the flag pattern, we can see a white descending trendline, defining the current bearish movement. IF the price breaks it, and we observe a retest (throwback) of it, a new high after that may be a confirmation of a bullish movement towards the higher trendline of the corrective pattern. Bearish perspective: If the price breaks the ascending trendline and makes a clear retest (pullback) of the ascending trendline, a new low after that may be a confirmation of a bearish movement towards the next support zone at 560.00 The main purpose of this post is to define situations, levels, and structures that may be useful for different types of traders. Thanks for reading!
NASDAQ:TSLA
by ThinkingAntsOk
7
MGNI: SETTING UP MY LONG ENTRYMGNI : Despite the fact that I like the fundamentals of this company long term, the below analyses is purely based on technicals . As you can see the chart does not look that great, with all moving averages pointing downward. And the market has not been nice recently with growth stocks . However, I'm looking to buy a few stocks as a long term investment . I usually try to simplify my analyses as much as possible, so I avoid the unnecessary noise. By looking at the weekly chart I see an important zone that has played many times in the past. This zone is between 11.75 and 13 . This is where I'll be looking for an entry or multiple entries. I also see a small divergence between RSI and the price, supporting the fact that we could see a nice bounce (for shorter term traders). That's it! Let me know if you have comments. Trade safe!
NASDAQ:MGNILong
by Elpidaldo
SNOW: BOUNCE CANDIDATE?SNOW : I put SNOW in the bounce candidate and potential continuation upward list. Why? 1. We retraced 50% of the move that started in May. This level is good to initiate a long trade because it allows you to place a stop loss not too far below the line. 2. Demark Sequential is on a 9 daily. (More details below on Demark indicators) 3. The chart looks like a big cup and handle and it seems that we are at the bottom of the handle. The top of the cup is 405. This one is very subjective though. Depending on how markets open, I will look for a long entry . Swing trade . My initial target will be 320-330, then I'll reassess. The success of the trade will depend on how Nasdaq behaves so I'll be careful and monitor the indexes closely. If the trade fails, another interesting level will be around 268. Note: DeMark Indicators are designed to anticipate turning points in the market. A Buy Setup occurs when there are 9 consecutive closes less than the close four days earlier. Trade safe!
NYSE:SNOWLong
by Elpidaldo
$XLE $SXLE 2022 Setup Perfect formation and setup for Energy stocks which I expect bullish performance till end of Q2 2022 and by then most likely 2 interest hikes will be already done. Then as of Q3 also due to base effect inflation will start to come down and rotaion will be from value to growth stocks. on Weekly chart it is even more visible. My 2022 portfolio will be on precious metals gold and silver (more on silver) and energy stocks till June-July and then switching to beaten down tech stocks like ARKK, ARKG, SE, LSPD NOW etc.
LSE:SXLELong
by S5_Trading_Desk
10Y U.S Bond Yield Signaling Rotation from Growth to Value StockTVC:US10Y I'm just looking at the 10Y U.S bond yield to try and better pinpoint the overall macro conditions to expect for the equity market this year. Based on my technical analysis, 10YUS yield is currently trading in an Elliot Wave 5 wave ABCDE pattern, it's inside a triangle that seems to also be the extension of a cup and handle bullish formation. The (D) pattern just reached the top of the triangle pattern, CCI indicator is also on the higher end which indicates the likelihood that this pattern will play out. Right now it looks like it's headed to the (E) phase of the pattern, which is the final phase of the correction before initiating a strong uptrend that could have the 10YUS yield reach 2% or higher (even potential of going pre-pandemic levels). Fundamentals also align with my theory that bond yields will fall from here on until about March, which is also when FED is expected to reverse QE (quantitative easing). After the (E) phase of the EW has been reached, I suspect a massive breakout in bond yields, which can cause a drop in equity markets along with an overall sector rotation from growth to value stock.
TVC:US10Y
by TheRealWolfette
StocksThe Market's longer term uptrend still intact and things look cautiously optimistic. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 29 total stocks on this list Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
NASDAQ:QQQLong
by Jtacher51
Trade Idea on ROKU | What I want to see before tradingToday we will take a look at ROKU. What can we see from a technical perspective? a) Currently, ROKU is on a Drawdown of 60% from the previous ATH on JUL 2021. And if we take the first top on February 2021, we have been on a drawdown period of 290 days + b) The main bearish structure we have right now is the descending channel. While the price stays inside that structure, I will keep thinking that the price is on a solid bearish trend. However, based on past behavior, I think we may see a breakout soon. c) OK, what do I want to see before trading if the breakout happens? So, the first filter is the breakout, and after that, I want to see a 5 to 10 days structure with the proportion you can see on the chart (yellow ABC flat pattern). d) IF all the previous filters happen, I will open positions on the green horizontal line (new local high), stop loss below the correction, and target the last broken ascending trendline. e) The risk I will be taking on a setup like this is between 2% to 3% of my trading capital. The expected duration of the setup (if everything goes as expected) is between 30 to 60 days. f) It's important to say that if the filter doesn't happen then, you don't trade :D that simple. And if the filter happens and the trade is executed, the odds of being right is around 50%. However, the risk to reward ratio we will be looking for here is around 2.5 Feel free to share your view of the current situation in the comments! Thanks.
NASDAQ:ROKU
by ThinkingAntsOk
1
Stocks To Watch This WeekThe Market's longer term uptrend still intact. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 20 total stocks on this list Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
NASDAQ:AEHRLong
by Jtacher51
20