Get started
Palantir: Target Zone Ahead!We now primarily assume that Palantir’s turquoise wave 3 has concluded at $82.72. For the ongoing turquoise wave 4, we have outlined a matching Target Zone (coordinates: $59.15 – $51.84), where the price should complete its interim correction and realize an upward trend reversal. However, as part of our alternative scenario, there is a 33% chance that the price will surpass the $82.72 mark directly to develop a higher high of the turquoise wave alt. 3.
NASDAQ:PLTR
by MarketIntel
Salesforce CRM - PEAD (Post Earnings Announcement Drift)Salesforce CRM PEAD (Post Earnings Announcement Drift) This is a swing trading strategy. You buy on a positive surprise in the quarterly or annual report. It has been shown that this surprise impacts the stock price for some time. This refers to Brandt and Kishore from the Fuqua School of Business at Duke University in the USA. Points in the algorithm I follow: 03.12.2024: Q3 after market open. The first trading day where Q3 results are known should see the price rise by more than 4.15%. 04.12.2024: 367.87$ - 331.43$ = 36.44$, which corresponds to 10.99%. Buy on the 4th trading day, Monday 09.12.2024, and hold for 83 trading days until Wednesday 09.04.2025. For the relevant index, the MA (Moving Average) should be above 87 at the time of trade. You can choose what suits you best, but: Nasdaq index > MA 87 NYSE > MA 87 S&P > MA 87 The trade is only made when the general stock market is positive. You can supplement with technical and/or fundamental analysis: CRM is in an upward trend and well above a green cloud in Ichimoku. Buy at market open Monday 09.12.2024 at the price of 360$. I could have bought at a better price later in the day, but the idea is not to spend the whole day in front of the computer, and to execute the trade. However, this can be adjusted to fit personal preferences. Set stop loss at 324$, which corresponds to 10%. The strategy works best with large, liquid companies, value stocks, and smaller with growth companies. But for me, it has also worked on the latter. I have tested the strategy a bit over the first half of 2024 with up to 5-6 companies at a time from NYSE. I’ve made a gain of 50% of the invested capital. But the strategy doesn’t generate profits every time! Remember, you must do your own research and evaluation before buying or selling.
NYSE:CRM
by scorpiris
Stock Of The Day / 12.16.24 / AVGO12.16.2024 / NASDAQ:AVGO Fundamentals. Second day of growth on the back of a positive earnings report. Technical analysis. Daily chart: Exit upwards from a six-month accumulation. Premarket: Gap Up on increased volume. Trading session: Strong non-pullback growth from the opening of the session to the level of 247.00. We are looking for an opportunity to join the uptrend on a pullback. The price pulled back to the level of 238.00, after which it returned and showed a clear hold of the level of 240.00. We are considering a long trade to continue the upward movement. Trading scenario: pullback along the trend (false breakout with retest) of level 240.00 Entry: 241.10 on impulse up after holding the level at 19:30 Stop: 239.44 we hide it behind the previous higher low Exit: Close part of the position before the high of the day 247.00. Close the rest of the position around 248.89 after an unsuccessful attempt to update higher high. Risk Rewards: 1/4
NASDAQ:AVGOLong
by AlexX31
Lucid group: Minor Peak Breached, Eyes on $3.50 Lucid Group rebounded after forming a higher minor low at $2.27, signaling initial strength. The price successfully closed at the recent minor peak of $2.73. A confirmed breakout above $2.73 could shift the trend to an uptrend in the short-term, with potential upside targets lie around $2.90, $3.20, $3.37, and $3.50. The stop-loss lies below 2.27$. the indicators are heading toward the positive side, which confirms the mentioned positive scenario. The information and publications are not intended to be or constitute any financial, investment, commercial, or other types of advice or recommendations provided.
NASDAQ:LCIDLong
by Gehad_Abouelela
Vizsla Short-term bear and medium term bullVery interesting new stock with a lot of potential. However, appears a bit over-valued for a silver mine that is around two years away from production. Even if it starts producing, based on its measured and indicated reserves, it may still be a bit over-valued today, even if you discount likely future earnings (my rough scenario anyway). Will reconsider, when / if the stock hits the zones I have market out - based on fib extensions. It may moon without me on-board. But, mining stocks are inherently risky and I definitely do not want to FOMO into a down-trend.
AMEX:VZLAShort
by flyinkiwi10
$AMD Forms Another Double Bottom – Will History Repeat Itself?I wanted to share an interesting setup I’ve noticed on NASDAQ:AMD daily chart. The stock just completed what looks like a classic double bottom pattern—something it’s done before with impressive results. What I’m Seeing: Double Bottom Revisited: We can see that AMD has formed another “W” shaped bottom, where price tested a support zone twice and successfully bounced. Historical Precedent: The last time AMD completed a double bottom, the subsequent breakout and follow-through rally were significant. After the neckline breakout, price continued to move higher, rewarding patient traders and confirming the pattern’s bullish nature. Volume & Confirmation: It’s worth looking closely at volume to confirm the pattern. In many textbook double bottoms, volume often increases on the breakout, signaling that buyers are stepping in. If we see heavier trading volumes as AMD breaks through the neckline, it could be an indication that a similar move might unfold. Potential Price Target: A common way to project a double bottom target is to measure the height of the “W” and add it to the breakout point. If this pattern performs similarly to the last one, we could see a significant upside move. Of course, there are no guarantees, but patterns like these give traders a framework to manage risk and set objectives. What to Watch For: Neckline Break: A clean move above the neckline (resistance area) would be a key bullish signal. Volume Expansion: Higher volume on the breakout adds conviction. Market Conditions: Broader market health and sentiment can affect whether the pattern plays out as expected. AMD has shown us before that this pattern can precede major rallies. As always, manage your risk appropriately—no matter how promising a setup looks, it’s wise to confirm with price action and volume before jumping in.
NASDAQ:AMDLong
by Scatman_Jeff
CHGG - Dec 24 100SMA StrongWeak BounceI was trying to expand the range of my pool and looked at fundamentally weak companies that somehow had seen price climb. CHGG was one which I had found. Sector: Education Both EPS and Revenue has seen a drastic drop for the past 7 quarters. This drop in revenue is due to the free AI models which are able to produce similar to better results vs their paid services. I could not find a reason why their stock had risen since their 14 Nov earnings Does it respect the H1 100SMA (Min 3Months): Yes Is it a Hype Thematic (AI, Solar): AI is an inverse hype theme for this company since it is eroding it’s business. 100SMA StrongWeak Bounce 🏀 (0.5R) v1.0 Trading risk at 0.5R as we are testing this strategy This trade model is based on us riding the 100SMA trend waves of the strongest and weakest companies. It only executes well when greater force (RUT & SPX) is trending. Entries are at greater force key levels when it is consolidating. When greater force is taking off it is too late. Entry Within Stdev 100 zone SL = ATR14 * 2 (Run full course no early exits) Trailing stop (Previous Day Low or high) Price launch off (D1) D2 Closes D3 Move SL to D2 Low
NYSE:CHGGShort
by Ronin_trader
2
Explosive Options ActivityPINS (Pinterest) —— Focus on High Volatility Stocks: Stocks PINS show significant volatility changes, indicating potential for substantial price movements. Swing Range: Increased from 1.0 to 3.08 (208% growth). Open Interest: Surged from 5,587 to 20,488 (over 3x increase). Implied Volatility: Decreased to 35.47%. Analysis: Pinterest's options trading activity has skyrocketed, indicating heightened investor interest and potential upcoming catalysts such as earnings reports or product launches. more realtime Options Betting Range please use the following script:
NYSE:PINS
by dragonjia