AVGO building out a triangle - mostly likely will break out of this range on week of 7/22 - let's put this on watch! Long term - this stock is far from done
How much is ARM really worth? Let's watch this chart for now
NVDA's chart needs to rebuild even if still more bullish legs to come - Most likely pulling back to 122 - we will reassess if a long trade is prudent depending if and how we get to 122 area
Can SMCI hit 1080 on Nasdaq 100 inclusion? Target might be much higher but lets see the next $170 move first
Built a larger than normal position on #Intel. NASDAQ:INTC The sell areas are highlighted by the yellow circles. 1st tranche around 34.5. 2nd tranche around 43.5. 3rd tranche around 49. There will be a trailer left for a longer term hold/ This is with the hope that there is a turnaround in the company. The last gap fill is in the low 60's. NASDAQ:SMH
Markets Sold off: IWM (Small caps) underperformed. Most commodities hit on the downside: Gold, Silver, Copper, Oil Natural Gas surging & squeezing NVDA pumping on earnings: Our SOXL calls will print. SemiConductors i'll be trading tomorrow. NASDAQ:ON , NASDAQ:SMCI , NASDAQ:ARM
As shown in the chart. SOXL is still a higher low along on the trendline, seeking a bounce tomorrow. I would take loss if SOXL dropped below 38.95. Otherwise, it should be ABC wave up to 53.
stockinvest.us www.nasdaq.com Yes, MMAT's target got raised 100X ( it has been in that neighborhood before) MMAT is currently trading at one-tenth of its price mid 2023 and 98% below its all time high. It got an upgrade of late. The 2 hr chart shows a falling wedge from which there may be an early breakout. The breakout is a confluence of the apex of...
INTC in the past week trended up and reversed into a trend down which then went into a low volatility narrow range consolidation to finish out the week. I see INTC as being in the bottom of its recent trading range and ready to head higher inthe upcoming week. The RSI lines are in the area of 35-40 and the slope of the regression line is rapidly decreasing....
MU on the monthly chart 4 weeks ago crossed above the previous ATHs of 2021-2022 and has risen without retesting. Adding $9 to the all time highs for 10% inflation since then would adjust them to $104 and price is now in that range and above. Price is in the uppermost anchored VWAP bands and thus prone to reversal. However, MU is not as overextended as NVDA....
AVGO is asking to be chased. On the daily chart, the price is now $50 below the ATH of the top of of the month. RSI on the lower TF green line has pulled back to 72 from 85. The longer TF black line is admittedly in overbought territory. The longterm growth expectations of the AI stock defy ordinary technical analysis, AVGO is 3-4% below the ATH. I see...
SOXL is tightening down in a wedge and bounced perfectly off the 50 EMA after being down over 6% on the day. Looking for continued strength into the close. Chart looking very similar to what we saw at the end of January and early February.
AMEX:SOXL now at 39.57 Falling from 57.04 Good price to buy few now FYI, i started accumulating few from today Will again but on good dips until 31 Target prices in 1 year.....47, 57, 63.15, 67, 70, 73.07 Support is now at 39.18, below this can quickly fall to 31 , giving a good opportunity to buy and hold for 1 year target of 73.
I am out of this ETF and we have a shooting star pattern worth your consideration. Not financial advice, DYOR.
AMD on the 15 minute chart breakout through anchord VWAP bands starting on February 29th from the mean anchored VWAP support. Two days later finding itself extended to the second upper VWAP band, price corrected over the next day down to the first upper band and then after a few hours reversed and headed back toward the second upper band going...
SOXS on the 30-minute chart has reversed from a trend down to an early uptrend. This is confirmed by a variety of indicators including the ATR/ U BOT indicator reset to a period of 4, the relative volume indicator showing buying volume spikes instead of selling spikes, as well as the squeeze indicator changes from a green negative histogram to a positive one....
INTC on a 180 minute chart is in a flat bottom triangle since before earnings. The earnings report was a beat of 20% on earnings and 1.5 % on revenue but apparently disappointed greedy traders expecting more. Price has been mostly sideways. I saw the dip on Tuesday to Thursday as an opportunity to take a call option trade for Friday which had a great return....
Here on a daily chart I have the ratio of shares of NVDA to AMD and so the market caps proportions. From September 2022 and for a year NVDA rose more than AMD and so the ratio rose. From September 2023 to January 2024, NVDA fell as compared with AMD perhaps because AMD's rate of rise on a percentage basis exceeded that of NVDA. Since the first of the...