BUMISHO

BUMISHO

NASDAQ:NVAX gaining momentum again along with other pharma's. Its interestingly filling the gap anf has i high possibility of retesting the high of the channel. I have a starter position and will be adding if it decides to test the trend line. A daily close below the trendline is my stop. Playing end of month calls. Good Luck and dont forget to do your study.

BUMISHO

UPS completed a double bottom pattern with a tight stop of a daily close below $122. Earnings are initially set for January 30th. I believe it should reach the targets (horizontal ray) before earnings and the ER will decide if it retraces or be a catalyst to brake the trend line. Proposed play: 7 FEB 25 130 C Currently @ 2.65 (Ask) If target reached before ER...

BUMISHO

On The daily NASDAQ:GDHG is a beaten down Chinesse stock that i am not a fan off, but the setup is interesting. It is forming a 2B reversal pattern. A good entry would be a daily close of $2.96. Immediate stop would be a the break of $1.14 which i find difficult to reach based on the candle of that day, but nothng is impossible in this market. For me : Entry: ...

BUMISHO Updated 

This stock reversed split recently to comply with Nasdaq listing requirements. It has been beaten down since November. The stock on the long is facing challenges but if we rely on technicals alone it seems that it is curling to an uptrend, Still needs confirmation thou. I feel optimistic although i jumped in a little bit early but with trend change & the 30% short...

BUMISHO

NYSE:U showed that that $25.13 is holding strong. If it stays above it will be forming the pattern. It is going to take a while (1-3 months) to complete the pattern. I believe a daily close below $25 should be your stop. NOT A FINANCIAL ADVICE. NO POSITION CURRENTLY

BUMISHO

I am considering stepping in at $326 if it reached and observe it for an hour and look for signs of reversals. It might break and retest the demand zone. The scenario fails if it remained below 326 and closed the day below it. It was beaten down after its earnings and it is possible for a rebound. Not a financial advice. Do your DD.

BUMISHO

I think the scenario that happened in NASDAQ:UPST Q2 23 earnings is about to repeat in NIO's Q3. Almost the exact same chart setup, the only thing though is different is that NIO is a Chinese stock, and you really cannot predict how will the market digests the results. If and only if the results are outstanding the market might still not favor it. Despite the...

BUMISHO

Couldn't find much coverage so I initiated one. Looking at the chart, I believe NASDAQ:OSTK is starting a run up after upbeat Q2 earnings along with acquisition if NASDAQ:BBBY IP assets and the future outlook is better as stated by management. Still there is work needs to be done. NASDAQ:OSTK received a couple of upgrades after ER. On the technical side,...

BUMISHO Updated 

I dare you find an uglier drawing but still have a high potential of achievement. This not a financial advice just trying to share my wishful thinking. ER on Tuesday be careful. Please leave a comment of your thoughts and opinions. Thanks

BUMISHO

Trendline broken most likely will retest the high of the channel. I have drawn the fibs. I am considering a starter position and scale. Please do your research before. Good luck

BUMISHO

Lending Club beaten down since inception. The chart is almost similar to NASDAQ:UPST and recently broken a downtrend. It is forming a cup and handle, but i believe it still not confirmed. It has a book value as of Q1 23 of $11, so i believe it is trading at a discount. I am considering having a starter position and scale in after the fed meeting. looking...

BUMISHO

Making its way back up during a bull market. target fibs clear. Not a financial advice.

BUMISHO

I believe it filled the previous AUG 22 spike and created solid demand zone. It is currently closing just above it. In my watchlist for coming weeks and see if it reaches low of the demand zone and then evaluate/predict the next move the next move either to test the trendline line or break it down to lower. Will update later this week. please share your thoughts.

BUMISHO

I drew another parallel channel on the daily and it seems that it hit the low if the channel, at mid 85's. I took some calls and had did not have the guts to hold over the weekend and closed my position +20%. Will look into the flow this week and see if it can take the last red candle. Not a financial advice. Please do your research. Thanks

BUMISHO Updated 

It's an obvious risky play! and should draw BTC as well, but this is my first published drawing, and I really don't expect it to be accurate. I have made some sketching where i see a cup and handle forming. I also drew a trendline for those who are holding as long term with the parallel channel completing the trend and the exit if it breaks the channel then price...