Was right on this one after 2 weeks!!!The arrow was there 2 weeks ago after I saw that there was a descending triangle and I tought that it was going to break soon enough at one point and it did! This is what I love about trading!!! It's the moment when I'm speculathing that it would go in a certain way and it becomes what you tought it would be. It's one good feeling that gets you going to the moon with the $$$
Hope you guy's made a profit this week too!
Technology
TECH STOCK FLASHES WARNING ABOUT STOCK MARKET'S RALLY!!!CGNX has had a propensity for rising and falling ahead of the major averages. If this correlation continues, the recent breakdown from its countertrend high is a clear warning that the rally so beloved by Main Street investors is on thin ice. Moreover, the recent 5 day average Put/Call ratio has dropped to a six year low, and trader bullish sentiment is now higher than it was at the February peak. Other sentiment figures are flashing similar warning signs.
Technology ETF Is Looking Like It's Going to BreakThe market is too complacent. The call/put ratio is is where it was before the last crash. I'm not sure why the market is going up but wedges are appearing. Technology ETF TECL (inverse is TECS) is a short.
LYFT breaking out of consolidating triangle formationBreaking out in final actionary C wave that should terminate commensurate with termination of entire rally off March bottom.
Micron Technology, (MU) breaking outMicron technology is breaking out today from a B wave consolidating triangle as it moves towards completing its zig-zag upward correction. This is a large stock and I suspect it will top when the rest of the market tops. Moreover, with a clear technical chart, MU can be a proxy for timing major indexes.
Plug power breaks out in final C wavePlug power is breaking out today from a consolidating triangle "B" wave that has been forming for several weeks. I suspect this C wave will terminate commensurate with when the rest of the market finally tops out and rolls over, which is almost at hand
$DELL can rise in the next daysContextual immersion trading strategy idea.
Dell Technologies Inc. designs, develops, manufactures, markets, sells, and supports information technology (IT) products and services worldwide.
The share price rose after good earnings. I see some preconditions the share price will continue growing.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $49,36;
stop-loss — $48,28.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$CRNC can rise in the next daysContextual immersion trading strategy idea.
Cerence Inc. provides A.I. powered assistants and innovations for connected and autonomous vehicles.
The share price rose after good earnings. I see some preconditions the share price will continue growing.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $35,14;
stop-loss — $33,71.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
KLA Corp $KLAC clearing its old high$KLAC broke out yesterday. It is cleared both buying point and the pivot resistance. It broke RSI downtrend line too. I would expect higher volume though. Watch for upper trendline resistance.
12 months Consensus Price Target: $180.82
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx
Hewlett Packard (HPE) long.All description on the chart.
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Thank you.
$ZEN can rise in the next daysContextual immersion trading strategy idea.
Zendesk, Inc., a software development company, provides software as a service solutions for organizations.
The demand for shares of the company looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $84,48;
stop-loss — $78,91.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Cognex is the futureCognex chart looks decent here.
Potential long term hold
Could pull back closer to the $50 dollar level so consider this area the start of a position and scale in.....
Buy Long: Synopsys Inc - Ticker: SNPS - Technology SoftwareBuy Long: Synopsys Inc - Ticker: SNPS - Sector: Technology Industry: Software—Infrastructure
Go to the Invest2Success Advisory Page and Also for USA Asia Financial Forecasts
Buy Entry: 180.09 to 184.09
Stop-Loss: Available to Subscribers
Take Profit Price Targets: Available to Subscribers
NASDAQ:SNPS
NASDAQ:CDNS
NASDAQ:AMD
NASDAQ:ANSS
NYSE:MFGP
www.tradingview.com
$SNPS #snynopsys $CDNS #cadencedesignsystems $AMD #advancedmicrodevices $ANSS #ansys $MFGP #microfocus #coronavirus #stocks #stockmarket #wallstreet #nyse #sp500 #nasdaq #investing #investors #trading #traders #markets #speculating #technology #finance
Qorvo $QRVOQORVO is forming a cup with handle with the buy point of $108.78. needs to hold above before get in.
12 months Consensus Price Target: $109.74
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx
NASDAQ TECH FLEXNDAQ is having a bit of an electric surge and could push ATH (all time highs) amid the pandemic playing out. Tech for the win it seems during times of uncertainty to save the day.
Bears are getting a bit of a slaughtering here as many are turning to and being more reliant on technology than ever before.
A forethought is that smart money in other US markets will leave these stagnate companies to flow into high tech tech firms, due to FOMO thus NASDAQ will hit ALL TIME HIGHS.
Keep in mind that this also makes the economy look stronger yet soo many more are staggery than ever before since the start of 2020 due to the flow on effects of covid and the recession that no one is clearly speaking about that’s been teeter totting since mid last year. (You can’t polish a turd)
The Trade Desk $TTD "cup w handle"Buy: 315.10
S/L : $291
TP1 : $327
TP2 : $400
TP3: $460
if you find my charts useful, please leave me "like" or "comment".
Thx
$LEDS can rise in the next daysContextual immersion trading strategy idea.
SemiLEDs Corporation develops, manufactures, and sells light-emitting diode (LED) chips, LED components, and LED modules and systems.
The demand for shares of the company looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $3,13;
stop-loss — $2,69.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
FB: still strong, but may need a pullbackFacebook, still holds its strength at current level.
- Long term bullish
- Look for a pullback to buy
Potential pullback levels
$222
$200
$195
NetApp, Inc. (NTAP) short.All description on the chart.
Please, don't forget to like and follow.
Thank you.
MSFT: weakness at key level. May look for retest $165- current technicals show weakness at the current level.
- suggesting that MSFT may look for a short term pullback to $165 before heading higher.
- long Term Bullish
key levels:
$185
$165
NOK Long UpHere is another 5g stock idea...
We have been having a strong upward trend and since it is in this relatively new space it has the strong upward Potential!
World’s Fastest 5G: Nokia Beats Ericsson With New 5G Speed Record via @forbes www.forbes.com
They also have a relatively low market cap which if successfull could bring on a lot of investors...
Bought 850 at 3.92 USD
SPLUNK $SPLK is breaking out cup$176.31 is the confirmation for cup pattern. It is breaking out with high volume.
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thx
