Which Bull Cycle is market correcting? Answer to this question shows us where MAY be a good point to buy the dip with open eyes and how to be prepared for alternative scenarios. As shown and explained on the charts, there are three alternative scenarios for now and all of them are valid although they have different probabilities. : 1. Best case...
Sea Limited Short Term We look to Buy a break of 90.41 (stop at 80.81) A break of bespoke resistance at 90.00, and the move higher is already underway. The trend of higher lows is located at 71.50. Price action looks to be forming a bottom. We look for gains to be extended today. Our profit targets will be 132.30 and 156.28 Resistance: 90.00 / 133.00 /...
Right at the downtrend line with double inside weeks. Explosive combo imo. If and when it breaks, it will break trend line as well as double inside weeks. should see a good move to 80.47, 82.86 once it breaks 76.10 Jul 22 78C could work
SE 1D I SE recently broke out from a massive downtrend on the daily. It is making a double bottom near $65 and our OS ALGO picked up activity on the $69 strike! MSFT 4H I MSFT is making a higher low as earnings approach. Resistance near $255 and our scanners are picking up significant bullish activity on the $260 strike for 07/22. SQ 1D I SQ is down nearly 80%...
With all the recent sell offs there are a lot of value plays in the market right now. One of those looks to be Sea Limited (SE). SE is down 70% from ATH and judging by the flattening resistance curve, that sell off appears to be losing steam. In addition, I'm seeing Bullish Divergence and price entering into my Strong Buy Zone. Value investors may want to...
These are 6 randomly selected growth stocks that have been hammered and just rejected off the 50 day moving average yesterday. Watch for the downside trend to continue in these stocks until they're able to at least breach the 50dma. The question is do these stocks make higher lows (if the downward trend continues) or lower lows? IMO if you are a trend...
SE is the type of horse that when she moves, she moves... calls can 10x in a day. I like the support here at the 120/125 zone so far and looks to be a good entry point for some weekly lottos (meaning I'm okay if they go to zero) For less risk, an idea would be to go long shares. I picked up weekly 140 and 145 calls looking for a move back to 150 zone . High...
$SE 1D Nice TL breakout with retest today. Held very nicely. As long as the overall market cooperates, we should test the Daily gap above. TargetDirect hit: $210, $218
AAPL 1H I AAPL was rejected once again near $180. It might be forming an ascending triangle. Watching for a bounce near our trend or near our support level at $176. BA 30M I BA seems to be consolidating right above $200. Picked up unusual activity on Friday. Watching for a bounce near the $200 level or a breakout from the current pattern. SE 1H I SE is down...
FB 4H I FB made a double bottom near $305 and is now testing our trend. Watching for a breakout above our downtrend, we have resistance near $350. AFRM 2H I Picked up activity on AFRM $110c for 12/31. Watching for a break of Friday's high and retest of our downtrend on the hourly time frame. SE 2H I SE is down nearly 40% from recent highs. Expecting a breakout...
$SE extremely oversold, looking for a long out of demand around this 200 level for a mean reversion to 250 in the short term. Strong growth stock backed with fundamentals, short covering rally is coming. Also to mention we are directly at the 100MA on this weekly chart, green day in the market will send this thing up quickly.
#SE is approaching the bottom of the golden pocket. This is a long term winner. I'll be adding to my position some here. It's also set up great for a #goldenpocket trade.
Hi everyone, We are currently in a midst of a moderate correction. I personally think it is almost over, based on DIX/GEX printing, the duration of elevated VIX, etc. These kind of periods are great for your previous analysis review. So let's do just that. NYSE:SE has been plummeting since November 16 and has lost over 30% already. It broke the rising...
Reading the analyst projections. I just don't see this company being able to grow at the same pace as 2020. I would expect the growth story to end in the coming 4 quarters and large downside to follow.
Any sort of buying opportunity around 290-306 is a good buy iMO Strong company fundamentally.
Simple chart here for this one. I wanted to keep this one simple. All eyes on the key $160 level. Please take note of the Weekly MACD bullish bounce as well as an increase in bullish volume to support the bounce. This indicates buyers stepping in. We have the Weekly RSI downtrend resistance approaching and looks to test very soon. There, we will get clear...
Consolidation is broken upwards with the minimum target level around 380.