ARK Next Generation Internet ETF to $32On the above 10-day chart price action has increased 80% since the year began. A number of reason now exist to collecting profits. They include:
1) Price action and RSI support breakouts.
2) Weekly bear flag confirmation pattern.
3) Hidden bearish divergence.
4) The bear flag extension mark the correction for this flag to 32 dollars.
Is it possible price action continues up? Sure.
Is it probable? no.
Ww
Type: trade
Risk: <=6%
Timeframe: Will say somewhere else
Stockstoshort
$DHI Supercycle Nearing CompletionThe stock is expected to complete its final move to Wave 5 of (V) before undergoing a significant correction, constituting a substantial correction in my view.
My extended target for the upward trend is $143, with plans to consider short positions thereafter. The recent upward movement appears to be forming a rising wedge, adding to the overall wedgy appearance.
The RSI shows a substantial bearish divergence since the completion of Wave III, signaling that Wave V is still underway. While the situation evolves, my current stance is to maintain a long position.
ANALYSIS ON AMDDear Traders and Investors,
I'm sharing with you this analysis on AMD to tell you to close your position if you're holding a long trade, as you can see in the chart, the price pulled back on the 0.5 level of the fib and gave us a confirmation, now it's heading towards the 0.6.
For further question, don't hesitate to ask!
WGO Winnebago Industries Options Ahead of EarningsAnalyzing the options chain of WGO Winnebago Industries prior to the earnings report this week,
I would consider purchasing the 65usd strike price Puts with
an expiration date of 2023-7-21,
for a premium of approximately $3.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
BILI Bilibili Options Ahead Of EarningsLooking at the BILI Bilibili options chain ahead of earnings , i would buy the $11.5 strike price Calls with
2022-12-2 expiration date for about
$0.55 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
V Visa exposure to Russia and UkraineVisa and Mastercard restricted transactions in Russia as aggressive penalties on the country over the invasion of Ukraine.
Around $1.2 billion of Visa Inc.’s annual net revenue comes from Russia and Ukraine.
4% of Visa’s total net revenue comes from Russia and about 1% from Ukraine.
In this case, my price target for the stock is the $187 resistance, while the sell-off area could touch $174 - $183.
SSTK Shutterstock from a contributor perspectiveI think this stock is about to plunge from a massive Head and Shoulder Bearish Chart Pattern.
I am a contributor on Shutterstock from the time they were publicly listed and in the last years they changed the tiers in order to keep more for themselves and give less and less to the contributors. The earnings for contributors are now at the 2015-2016 low, people that i know are not interested to post on Shutterstock anymore.
The picture sales are decreasing massively for contributors and i think that will reflect in the April 28 earnings call. I will buy some puts.
Other rival companies like Pond5 and Adobe Stock gained momentum and are starting to sell equal or better than Shutterstock recently. A lot of contributors that i know moved to those platforms.
My opinion is that the stock will drop to the $62 level and do a dead cat bounce before going to $42, which is a realistic target considering the contributors conditions right now.
T Mobile Stock Analysis | Long term sell-off startedT Mobile Stock Analysis | Long-term sell-off started. T Mobile offers voice, messaging, and data services to 108.7 million customers in the postpaid, prepaid, and wholesale markets. The long-term sell-off started after reaching the strong supply imbalance located at $141. We could see T mobile stock price dropping to $63 and even more. Stock prices do not move in straight lines. We will probably see a few pullbacks in T Mobile stock price that will allow us to use bearish stock and stock options strategies to take advantage of this huge potential sell-off happening on T Mobile stock. The sell-off started at the beginning of September 2022.
MA Mastercard exposure to Russia and UkraineVisa and Mastercard restricted transactions in Russia as aggressive penalties on the country over the invasion of Ukraine.
Mastercard has about 4% of its net revenues from Russia, while Ukraine-related business accounted for about 2% of Mastercard`s 2021 net revenues.
My price target for MA is the $312 support while the buy area for a potential wick down is $292 - $305.
Looking forward to read your opinion about it.
NEE PUT opportunityWe are seeing a text book setup of bearishness on NEE. Buying momentum has been decreasing, Willy oscillator indicating a sell, and while the weis wave also displaying a lack of buying volume showing a lack of interest towards the long side on NEE. We are seeing a Fibonacci cluster around 78-80 allowing for a safe exit on NEE puts.
Bearish Signals
-Squeeze indicator
-Willy Oscillator
-Weis Wave
Price Target
-78-80
Update on Twitter: Scratch the bullish flagThe potential bullish flag is no longer on the table. On Friday the bears managed to slip the price further down with bulls buying the dip in the last moment. Currently the price has stalled on the support of the rising channel and a move bellow that line will confirm that the price may go lower towards the $45 price zone.
BA Short IdeaAlthough I believe that Boeing is one of the stronger performing companies historically in the grand scheme of things, and though I also believe that they will be releasing some cutting edge technology in the next decade, I'm skeptical of the current value due to so much of the 737 drama over the last year.
Boeing has been selling less and less planes and what would have been plane orders for Boeing over the last 12mo are now instead being filled by the European competitor Airbus.
737 Max models continue to fill employee parking lots and are parked around the world until the company can resolve fears of mechanical and technical issues with the aircraft.
I think more pain is about to come for Boeing shareholders and I'm entertaining the idea of an entry to go long into 2030 and beyond, but at a lower price.
Thoughts?
Trade your own plan, this is just an idea.