BenRoses

BenRoses

Just finished breaking down Reddit (RDDT) after today’s big move, and I think it’s worth laying out the full picture — technicals, earnings, macro — because this one’s got real substance underneath the headline jump. TL;DR: this is a real breakout, not meme hype, but it's happening in a fragile macro context, and you absolutely shouldn't chase it blindly....

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Alright, if you’re watching Teradyne (TER) right now, this thing just exploded and the chart is absolutely textbook. Let’s break it down for the folks playing technicals and momentum. Candlestick Action TER just printed a massive bullish marubozu — up +18.65%, closed right near the high of day. Zero upper wick. That’s pure buying all day long, no hesitation. This...

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Niagen Bioscience ( NASDAQ:NAGE ) is in vertical price discovery mode, pushing into new highs with strong trend momentum, but with RSI at 78.66 and a flattening MACD histogram, it’s nearing a classic short-term exhaustion zone Technical Breakdown 1. Price Action – Parabolic Advance Price is climbing in a near-vertical channel from the $5–6 range in March to...

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Cognyte Software (CGNT) just cleanly broke out above long-standing resistance around $11, and the structure suggests it wants to start a new bullish leg higher. Let’s break down where it might go, using a technically grounded roadmap: Why This Move Looks Like the Start of a New Rally 1. Structure Shift That $11 level was a ceiling going back multiple quarters....

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IOVA is breaking out in style. This is a rebound towards prior levels but the volume is impressive. Let's break it down The latest candle is a marubozu (strong close near high), coming after a clean upside range expansion. Previous session was a high-volume thrust bar as well — together they create a bullish continuation pattern after a consolidation zone. RSI...

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Candlestick Context & Psychology This rally comes after a huge drift lower. That context matters a lot. Here's why: After long downtrends, sharp rallies are common (“dead-cat bounce” or true reversals). The last 3–5 candles (large white Marubozu) show massive momentum. But the latest candle is starting to show upper wicks → this often means the first sellers are...

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Let’s reassess TSLA now that we have this new candle (a big move +4.73%) in context. This changes things substantially, so I’ll reapply candlestick techniques, assess trend health, box positioning, and momentum. Candlestick Analysis The new candle: Large white body (+4.7%) closing at $309.87. Engulfing prior 2 candles’ real bodies → this is a Bullish Engulfing...

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Candlestick Analysis The last 3 daily candles form a bullish continuation sequence: Strong green candles with expanding bodies, closing near their highs. No significant upper wicks—this is a hallmark of sustained buying. Volume is not tapering; instead, it's growing, confirming conviction behind the move. Earlier, around mid-June, there was a small consolidation...

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Thesis : the operating performance of SHOP's business is positive and it provides an optimistic outlook. How to trade it: at this juncture the stock seems poised to go higher, therefore I will setup a trading box to confirm or deny the thesis. Sell if it drops below 77 Buy if it breaks the 94/95 level.

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Candles at a Glance – Classic Indecision Over the past few days, BTC has been printing mostly small-bodied candles with long upper and lower wicks — spinning tops and borderline doji territory. That’s textbook indecision, especially considering it’s happening just under a known resistance around EUR92,000. Zooming out a bit, we saw a bearish engulfing candle...

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1. Roku Is the #1 TV Operating System in North America With an installed base reaching over 90 million active households—covering around 125 million people—Roku isn’t just a player in the streaming space, it is part of the infrastructure. More than 40% of all TVs sold in the U.S. come with Roku OS baked in, and it holds the top spot in Canada and Mexico too....

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Technical Overview 1. Price Action (Range-bound, Resistance Zone) The chart shows strong resistance around $117–$120 (highlighted in red). Price is now testing the top of this year-long horizontal range after a sharp rally off the lows (~$70). 2. RSI (Overbought Condition) RSI is above 77 – classic overbought territory. Historically, RSI spikes above 70 near this...

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Zscaler has broken out of a year-long ceiling with volume and momentum — as long as it holds above $275, the trend has shifted bullish and targets $310+ are now in play. 1. Structural Breakout That resistance zone capped price for over a year — multiple failed attempts, including the November–December 2023 top. This breakout is significant, and invalidates the...

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Jabil Inc. (JBL) is pressing into all-time highs with strong momentum, and both RSI and MACD support further upside — but this is a textbook spot where trend traders must watch for a breakout confirmation or a double top trap. Technical Breakdown 1. Price Action – Testing All-Time Highs (~$176) JBL is now retesting its prior high from March 2025 after a steep...

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Woodward Inc. (WWD) just completed a textbook breakout from long-term resistance near $197, and the move is being confirmed with strong momentum, but near-term caution is warranted as RSI and MACD are both flashing extended conditions. Technical Breakdown – WWD Price Action – Long-Term Breakout Price has cleared a major multi-year resistance zone around $197, a...

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If HOOD holds above $70, momentum can carry it to $84–85 in the short term, and as high as $95 if the rally becomes euphoric — but any breakdown below $70 likely resets the move. 1. Price Action – Clean Breakout Price surged above a major resistance level around $65.39, which had previously capped price in late March. The breakout candle is strong, impulsive,...

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NVIDIA is charging into a massive resistance wall with fading momentum and no volume punch—either it explodes through $150 or this rally dies at the top. Technical Breakdown – NVIDIA Corp. (NVDA) 1. Price Action – Into the Fire NVDA is retesting its all-time high zone ($135–$150), which previously rejected multiple times. This yellow/red zone is a congestion and...

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AMD entered the 96 to 115 box like a rocket, and it is now showing a lot of strength after being dormant for a while. The conditions are now there for a gradual run-up towards the 172 level. If it comes back below the 96 mark, I would argue that the movement has aborted.