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Tesla Update: Navigating the Road to $440Morning Trading Family Tesla's journey is heating up as we aim for the $440 target. But buckle up, because we've got some resistance zones to watch: First Stop: $427 - This could be where the ride gets a bit turbulent. Expect some market reactions here. Next Challenge: $435.35 - Another potential bump in the road. Will we see a correction, or will Tesla's momentum carry us straight through? The depth of any correction at these levels is still up in the air, but keep your eyes peeled. If the market punches through these resistances, $440 might just be in our sights sooner than expected! If you found this useful: boost, share, like, and comment. I appreciate all the support! If you're struggling as a trader, I get it - I've been there myself. Jump in, send me a DM or head to my profile; I'm more than happy to help. Kris/Mindbloome Exchange Trade What You See
NASDAQ:TSLA
by Mindbloome-Trading
Opening (IRA): MSTR 2x225/2x240/460/490 Iron Condor... for a 7.00 credit. Comments: IV remains high here at 112.4%. Going "double double" (put spread half the width of the call spread, but 2 x the number of contracts) to accommodate skew. Earnings are on 2/4, so will probably want to get out before then. Metrics: Max Profit: 7.00 Buying Power Effect: 23.00 ROC at Max: 30.43% 50% Max: 3.50 ROC at 50% Max: 15.22% Will generally look to take profit at 50% max, roll in untested side on side test to about half the delta of the tested side. Given earnings on the horizon, will naturally just money/take/run for less if presented with the opportunity.
NASDAQ:MSTR
by NaughtyPines
ELF - Bullish Cross of the 50 SMA / 100 SMAELF sells quality cosmetics for less than the better known brands. I've ask a few women about ELF brand and they seem to love this company. I'm just a guy, but when I hear this kind of enthusiasm for a company I never heard, I had to check it out. The chart looks compelling and has given us a buy signal on Jan 7th. They beat estimates last quarter and I believe they are going to do that again on 2/5. e.l.f. Beauty, Inc. is a holding company, which engages in the provision of inclusive, accessible, clean, vegan and cruelty free cosmetics and skin care products. The company focuses on the e-commerce, national retailers and international business channels. Its brands include elf, elf skin, WELL People and KEYS soulcare. The company was founded in 2004 and is headquartered in Oakland, CA. This is not investment advice, I'm just a village idiot that likes to think out loud.
NYSE:ELFLong
by WickLittle
Micron Technology's Journey to the 136 PeakGood morning, trading family! Here's the lowdown on Micron Technology (MU): Picture MU climbing "136 Peak" with hurdles at $104, $111, and $114. Each is like a mountain bump where we might see a slip or a leap forward. With AI and memory chips in high demand, Micron's equipped for this climb, but expect some corrections like pit stops. Keep an eye on tech trends and the economy; they'll tell us if MU makes it to the top! If you found this useful: boost, share, like, and comment. I appreciate all the support! If you're struggling as a trader to be sustainable, I get it - I've been there myself. Jump in, send me a DM or head to my profile; I'm more than happy to help. Kris/Mindbloome Exchange Trade What You See
NASDAQ:MULong
by Mindbloome-Trading
Take-Two Rallied. Now It’s Pulled BackTake-Two Interactive Software jumped in November and now some traders may see potential for upside continuation. The first pattern on today’s chart is the price gap on November 7 after earnings and revenue beat estimates. The videogame developer proceeded to multiyear highs after the report, which may reflect bullish sentiment. Second is the $177.62 level. It was a weekly close on November 15 and the lowest daily closing price after the bullish gap. TTWO probed that level by $0.27 on Friday but has stayed above it. Is support in place above the previous 52-week high? Next, stochastics have hit an oversold condition and prices are holding the bottom of the Keltner Channel. Finally, the stock moved sideways between July 2023 and October 2024. But then the 50-day simple moving average (SMA) crossed above the 100- and 200-day SMAs. They’re now in a potentially bullish sequence, with faster SMAs above the slower. That may suggest an uptrend is resuming after more than a year of consolidation. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NASDAQ:TTWO
by TradeStation
ROKU long positionROKU is a video streaming platform which is poised for strong growth, driven by its expanding user base, innovative offerings and strategic partnerships. Analysts label it as a comepelling long-term investment opportunity. However, ROKU isn’t trading at a reasonable entry price, in terms of technicals, so I would suggest the following: - Wait for the price to drop to the previous higher low of $66.3 to enter this trade - Put a stop-loss at $63.1 - Target a share price of $96.3
NASDAQ:ROKULong
by vf_investment
Goldman Sachs Earnings Tomorrow – Ready for a Bullish Breakout?Goldman Sachs (NYSE: GS) is shaping up for a potential bullish move ahead of its earnings report tomorrow (January 15) before the market opens. With the stock bouncing off key support levels and positive momentum indicators, a strong earnings surprise could trigger further upside toward my targets. Let’s break down the setup: 💼 Trade Setup for Swing Trade: 🔹 Entry Price: $569 (current price) 🎯 Take Profit 1: $600 🎯 Take Profit 2: $625 🎯 Take Profit 3: $650 🛡️ Stop Loss: $540 (below key support) 📈 Why Am I Bullish on Goldman Sachs? 1️⃣ Earnings Catalyst (January 15, Pre-Market) Goldman Sachs will release its Q4 2024 earnings tomorrow before the market opens. Historically, the bank has outperformed expectations, particularly in trading revenues and fixed income. Given the recent recovery in capital markets, there’s a good chance Goldman will report higher-than-expected revenues, which could trigger a sharp rally. 2️⃣ Technical Reversal in Play GS is bouncing off a key support zone near $550, which has acted as demand multiple times in the past. The RSI is rising from oversold levels, and Stochastic has turned bullish, suggesting momentum is building. A break above $575 would confirm the reversal and open the door to higher targets at $600, $625, and $650. 3️⃣ Valuation and Undervaluation Goldman Sachs is trading at a P/E ratio of 16.8, which is cheaper than peers like JPMorgan and Morgan Stanley. This leaves room for valuation expansion, especially if the bank delivers positive earnings surprises. With recovering trading volumes, M&A activity, and IPO deals, GS could see a significant boost to revenue and profitability. 💡 Final Thoughts: Goldman Sachs is setting up for a potential bullish move, with a solid technical and fundamental backdrop. The upcoming earnings report is a key catalyst that could trigger strong upside if results beat expectations. I’m targeting $600, $625, and $650, while managing risk with a stop loss at $540. Let's see how it plays out! 💬 What do you think? Are you bullish on Goldman Sachs too? Drop your thoughts in the comments! 👇
NYSE:GSLong
by ValchevFinance
1
NVDAFrom both a fundamental and technical perspective, NVIDIA (NVDA) appears to present a compelling buying opportunity. Below, I analyze the situation using the technical chart provided alongside key fundamental metrics: Technical Analysis Insights Position Relative to Linear Regression Channel: The chart shows NVDA trading near the lower boundary of the regression channel, specifically two standard deviations below the mean. Historically, stocks within strong uptrends tend to revert toward the mean when they reach such oversold levels. This makes it an attractive entry point for mean-reversion strategies. The broader uptrend remains intact, as evidenced by the slope of the regression channel and higher highs/higher lows in the stock's price action over the past two years. Volume Analysis: Recent candles show a pullback accompanied by average or declining volume, suggesting that this is a healthy consolidation within an uptrend rather than a reversal. High-volume buying during prior advances further supports the presence of institutional demand. Support Levels: NVDA's current price aligns closely with previous key support levels (~$130-$135), reinforcing the idea of a strong demand zone. Fundamental Analysis Insights Leadership in AI and GPU Markets: NVIDIA dominates the high-performance GPU market, especially in AI workloads and data centers. With the rapid expansion of AI applications, including generative AI, cloud computing, and autonomous systems, NVDA is positioned as a key beneficiary of these megatrends. In 2024, NVIDIA reported explosive growth in its data center revenue, primarily driven by the adoption of GPUs for AI training and inference. This growth trajectory is expected to continue as AI spending remains a priority for major enterprises. Earnings Growth and Forward Guidance: NVDA has consistently surpassed earnings estimates, with its recent fiscal quarters showcasing triple-digit year-over-year revenue growth in AI-related segments. Forward guidance remains strong, with analysts projecting continued revenue expansion as demand for AI and gaming GPUs grows. NVDA's gross margins are some of the best in the semiconductor industry, exceeding 65%, a testament to its pricing power and technological moat. Valuation Adjustments: While NVIDIA's valuation (P/E ratio) has historically been a point of contention, the recent pullback has created a more reasonable entry point for long-term investors. The stock is now trading at a forward P/E in line with its historical average during high-growth periods, considering its earnings potential in AI-related fields. Catalysts for Growth: Product Pipeline: NVIDIA continues to innovate with cutting-edge products like the Hopper and Grace architectures, which are optimized for AI workloads. Industry Tailwinds: The global semiconductor industry is forecasted to grow significantly over the next decade, with GPUs being a critical component in AI, gaming, and automotive applications. Partnerships and Ecosystem: NVIDIA has established partnerships with major cloud providers (e.g., AWS, Azure, and Google Cloud) and is deeply embedded in the AI ecosystem, creating recurring demand for its products. Macroeconomic Context: Recent economic data points to stabilizing inflation, which could lead to more accommodative monetary policies. Lower interest rates historically benefit growth stocks like NVDA by reducing the discount rate applied to future cash flows. Conclusion The combination of NVDA's fundamental growth drivers (AI leadership, strong financial performance, and industry tailwinds) and its technically oversold position (trading at two standard deviations below the mean) makes it a compelling buy at this juncture. Risk is mitigated by the presence of strong technical support and the robust secular growth trends underpinning NVIDIA’s business model. For long-term investors, this confluence of factors suggests an asymmetric risk-reward opportunity. Entry: Between 130 and 133 Long Term Target: 200
NASDAQ:NVDALong
by tynichols
BlackRock Is About to Explode – Here’s Why I’m Going Long!📊 BlackRock (BLK) – Bullish Setup Ahead of Earnings! 📊 BlackRock ( NYSE: BLK) is setting up for a potential bullish move as it approaches tomorrow's earnings report (before market open). After a healthy pullback, the stock has bounced off a long-term trendline, showing technical signs of a reversal. Here's why I'm taking this trade and what I'm watching going forward: 💼 Trade Setup: 🔹 Entry Price: $964 (current price) 🎯 Take Profit 1: $1,000 🎯 Take Profit 2: $1,050 🎯 Take Profit 3: $1,100 🛡️ Stop Loss: $915 (just below trendline support) This setup offers a solid risk/reward ratio, with potential upside of up to 14% while keeping the downside risk limited to 5%. The levels are based on both technical resistance zones and previous highs that could act as targets. 📈 Why Am I Bullish on BlackRock? 1️⃣ Technical Reversal BlackRock has bounced off its long-term trendline, which has been acting as support since mid-2023. The stock is now trading near daily RSI oversold levels, with the Stochastic oscillator crossing upward, both of which point to bullish momentum. The price action suggests buyers are stepping in, especially ahead of the earnings report. A move above $970-$975 could confirm the reversal and push the price toward my first target of $1,000. 2️⃣ Earnings Catalyst BlackRock is due to release its Q4 2024 earnings tomorrow before the market opens. Historically, the company has a strong track record of beating estimates. Positive surprises tend to trigger sharp price moves, as asset managers like BlackRock benefit from market recovery and ETF inflows. Given the recent rally in global markets, there's a good chance BlackRock could report higher-than-expected fee income from its $9.4 trillion in assets under management (AUM). 3️⃣ ETF & Passive Investing Growth BlackRock’s iShares brand dominates the ETF market, capturing billions in inflows every month. ETFs have been gaining popularity globally, and BlackRock is perfectly positioned to benefit from this trend. With markets stabilizing and investors returning to risk assets, ETF providers like BlackRock are first in line to benefit. 4️⃣ Fundamentally Strong Company BlackRock is not just about ETFs. It also generates recurring revenue from its Aladdin platform, a risk management system used by many of the world’s largest institutions. This tech-driven revenue diversifies BlackRock’s business model and makes it more resilient to market downturns. The company is also shareholder-friendly, with a strong dividend track record and consistent buybacks that reduce the float and boost EPS. 💬 Are you trading BlackRock ahead of earnings? Share your thoughts below! 👇
NYSE:BLKLong
by ValchevFinance
Hims breakout imminent Hims is about to break this descending wedge, and I have marked the supply and demand zones I will be utilizing for this setup. I have added ~ 1000 shares recently and plan on continuing to sell puts and calls. We had a nice reset on the weekly for volatility and momentum. I am VERY bullish since CPI was good as well. My plan: When we approach the demand zone (green box) I will sell aggressive cash secured puts 24 strike When we approach supply (red box) I will sell safe covered calls at the top range Rinse and repeat
NYSE:HIMSLong
by Apollo_21mil