The stock seemss to be looking to leave a downtrend here. Strong day, 4% up. Closing the day at the highest point. I had an alert above 164 to open a long position.
I will be very surprised if we don't see some serious sell-offs throughout the market in the coming days The chart and the volume are... impressive.
I forgot to publish this idea yesterday, when I took this trade. Why did I take it? I was following F for a couple of months and saw it stuck in the range between 12 and 13 after the last earnings. It started moving up in march and it looked like some big guys were accumulating the position. Yesterday, when the overall market turned red, F recovered very quickly,...
Looks good both technically and fundamentally, strong earnings, quick recovery after small (less than 3%) after-earnings downside. All time highs. Analysts see 8-12% uspide.
TSLA have different bad news and Morgan Stanley cuts Tesla price target on slowing EV demand is only one of them Technically speaking it also looks very weak, selling off on big volume, making new lows with no support till 120ish. We'll see...
Magic combo: bad earnings + weak market, particularly financials (FAS) look bearish. Big sell volume. MA 100 just crossed above MA50 on the hourly timeframe. Head and shoulders at the hourly timeframe. Can find support at SMA 200, about 147
Above the current resistance at 155 - up again. Looking at the futures and the overall market, it can happen today. Like my yesterdays call,MSFT, can go right at the market opening.
it looks like after a long accumulation period, from November to now, in a tight range of about 2%, the stock is finally ready to go up. Close to ATH and to 52high, great fundamentals + AI as a catayst. The overall market and the techs are not bearish at the moment. Heading to 400?
With the overall market and tech sector turning bearish this one looks like perfect short for me. Apple had bad news and downgrades. Down we go? Stop loss above the red line
With the overall market and tech sector turning bearish this one looks like perfect short for me. Head & shoulders with a long right shoulder. Looks weak. Down we go? Stop loss above the red line
Correct me if I'm wrong :) I love this company a lot, but technically speaking, it looks that the stock experiencing exhaustion after a strong grouwth wave. 10% down to the next support?
At least 7% from the peak to the next strong support?
Nice looking classic accumulation pattern on the weekly chart. Rejected bearish head and shoulders pattern on the daily, held the level. Now probably looking to break the range 128-138 to the upside. If the market will continue to be favorable for bulls, of course. We'll see...
Long from 147.70 Looks strong here, flirting with 52 weeks high Minervini: 8/8 points
I'm not saying that it can't go up. But it's struggling with a very strong resistance level here. I'd be careful with long positions until the trend becomes obvious.
Semis are currently suffering from market weakness, if not to say bear market. NVDA: no support, easy 20-25% down
New IPO got smashed with the overall market. Made a nice bottom with a latest accumulation on 7-8 range With two strong earnings in the pocket we can expect another pre-earnings rally. Low float stock. Latest upgrades + stronger overall market can make this thing run. 1st Target - next resistance 9.60
I like how MGY looks here. In uptrend since Nov 2020, corrected more then 30% from ATH but now after strong earnings is looking to come back. Stop loss 10% down from here.