I don't know folks... again, I ain't nothing but a tier below an amateur beginning options player. There is a lot of learning still to do but I'm ready to be transparent with my thoughts and what I see a bit more often. So here with go with a previous fan favorite of Coffee Is Brewing! Coffee Is Brewing Idea #2 NASDAQ:GOOGL has earnings coming up 10/22...
I’m anticipating a bounce on NASDAQ:NVDA at this level. Despite the prevailing bearish sentiment, I’m inclined to take this trade, as many are predicting further declines. I’m expecting one more bounce, potentially forming another lower high, before a drop to the sub-90s. This is a critical juncture for me, so I’m opting to capitalize on the opportunity now. ...
Thanks for checking out the video today. It was a reasonably nice selloff today, led mostly by the Mag 7 stocks. All US Indexes were in red, Nasdaq taking the worst of it around -1.60% lower. Powell on tap for Friday with Day 2 at Jackson Hole. The market is oh so curious if the FED will cut 25 or 50 bps in September and we have plenty of news to digest prior to...
META on the weekly chart is at the ATH which is as a consequence at the third upper VWAP line. The RSI indicator shows the faster line crossing under the slower line. The relative trend index has topped out. Both represent bearish divergence. META makes its money with advertising dollars for revenue. There are increasing challengers to split revenues that...
You can't turn on the TV without hearing about Nvidia that means that we're in the cycle distribution phase, can the stock rally to $1,300 certainly so this isn't a call to sell $950 today at all, but it is a call that the years high probably happens between now and July 4th start to make your exit plan now, so that when $1,300 arrives, you know what to...
AMZN on the 15 minute time frame is in a relative symmetrical triangle pattern. A volume profile and intermediate term anchored VWAP are overlaid. They validate one another since the POC line and the mean anchored VWAP line up. Price is below both of them. My forecast is that price will rise and temporarily so sideways in the high volume and volatility...
AMZN on the 60 minute chart since earnings shows the jump and the sideways consolidation after that. Here the RSI is superimposed on the chart within its own 0-100 scale. It is currently in what should be considered deep undervalued territory and at RSI support /demand. The William's Alligator set of moving averages shows MA compression and so...
An outlook on Apple for the short term and long term outlook. As well as Macro Outlook on Stock. How will January play out. Will that give us a good read on the rest of 2024. How should we navigate the 1st and 2nd half of the year