As McDonald’s is attempting to recover from the gap down due to the outbreak, we see an inverse head and shoulders pattern forming……Bouncing from relatively low RSI……Following rate cuts by the Fed…….I believe we are primed and well position for a nice rally until 2025!
Bull Flag forming on NASDAQ:META I believe we will breakout soon!
NASDAQ:FSLR has great Fundamentals, and we are now signaling Bullish Divergence (2h Chart). The post-election selloff is a little overdone. This was due to the market anticipating the trade disruption caused by Trump tariffs. With NASDAQ:FSLR being domestically positioned I believe this is a great buying opportunity on this stock......I am not a financial...
With Google approaching earnings bouncing from the 200MA and forming an inverted headed shoulders pattern I believe we could see significantly bullish move to the upside to retest highs before seeing major resistance and possibly settling at new highs
After a few weeks of falling to the bottom of this ascending channel I believe AMD will see a pivot back to the upside soon!
NASDAQ:FSLR received an upgrade to Buy from Neutral by Citi Bank…..while approaching the 200MA and previous area of support…..undervalued on all time frames……with plenty of headway to retest All Time highs. Given the election supports further funding for Solar Projects to assist with our energy demand we could see a significant move to the upside into year...
AMEX:OIH may see some bullish momentum soon as geopolitical tensions get worse daily.
NYSE:MCD is overbought….and approaching resistance. I believe we’ll see a bearish rotation soon!
I believe we’ll see a NASDAQ:TSLA rally on the Robotaxi news! This is not only ann additional source of revenue for the so-called car company “Tesla”, but this revolutionizes the car industry as a whole! Allowing car owners to now turn their idle assets (cars) that just sit in their driveway into a profit generating asset allowing their vehicle to go out and...
NASDAQ:COIN is currently bouncing from it 200 MA with plenty of room to push higher on the RSI. Commentary has been picking up significantly and crypto and major corporations and Governments Showing great interest in establishing themselves in the crypto world…..With stocks due for another pullback, and September historically being one of the worst months of the...
I think it may be time to buy the dip on NASDAQ:COIN as equities grow more and more risky everyday. Current politics, inflation, and consumer sentiment has weighed heavily on the market. I believe we could see a nice rally in crypto throughout the remainder of August.
NYSE:VST has formed a falling wage, broken out and retest……also signaling bullish divergence while approaching earnings premarket Thursday. Given the importance of clean energy at this point in the AI Revolution, I believe NYSE:VST will be rewarded by the market for its positioning as an energy provider. As well as NYSE:NEE , NYSE:GEV , NASDAQ:FSLR , ...
XOM “Exxon Mobile” is approaching support in this ascending channel which it has bounced from twice back to mid June. Also oversold on the RSI on the 1H Chart…..with us receiving GDP data and a few other important economic data reports this week I believe investors may move may began moving some money around and we’ll begin to see some bullish momentum in the...
SPY is approaching resistance on a trend line…..be cautious on establishing long positions…..we could see some bearish momentum soon especially being that we’re approaching these levels at the same time as some key inflation (CPI) data on Thursday…..I plan to hold off until then on big positions and see how the market reacts to the data.
FedEx is oversold on the RSI and approaching resistance at the top of a parellel channel on a strong trend line for the 4th time since June 2023….I believe we could see FedEx pullback going into Q3…..let’s see if the bears step in!
SHOP “Shopify” is retesting a trend line that goes back to October 2022……tested the same trendline in October 2023…..we’re currently bouncing from this trend line as of last week and headed towards a recent gap to the downside from Q1 earnings. After a nice bullish candle last week, I believe we’ll see more bullish momentum soon once buyers step in…..let’s see how...
Cup & Handle forming on XOM as the Energy Sector remains bullish in this unpredictable economic environment…..let’s see how this one plays out.
FDX is forming a potential double bottom formation after closing the gap from last earnings and retesting……. let’s see how this one plays out!