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Capital One made it seem like they were "partnering or buying" Discover but in reality, Capital One is bailing them out and trying to save them. Discovering is going to fail unless capital one cleans up the debt and books, every person I know who had credit card debt has one of there cards hahahahaha. We may see some misleading news that will make it pump...

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This tock is always super volatile during earnings and last one was in the upside direction. I see that it looks like it wants to fill the gap, but the circled volume structure for the last move shows there was not a lot of buying in this last consolidation period. Make or break time for this, id buy on the way down if it is bad...

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Purely the RSI crossing the 50 mark has me worried here. Were in technical support and accumulation here and if we break the green level I can see us working our way down to the lower channel. Everyone is betting against Elon BUT the retail investor since its peek and for some reason. If inflation ticks up and fed keeps a stern stand on rates, this thing could...

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The white box I inserted is where a 41 million dollar purchase was made at the price of $16.20 BUT, a second large purchase was made of 8.3 million dollars at the price of $16.00. After these purchases, the price was able to stay above the purchase price and this is a bullish sign on medium term volatility. Circled in the volume candles is the exact trades that...

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Every article on google is bearish just like every other time it has gapped down aggressively. This GAP is almost 100% going to fill. When, I do not know. I think it could consolidate here and pop to 155 to create triple negative divergence AND produce a lower high even after a gap fill. If we fall and loose this red 55 day MA, the algorithm will flip to bearish.

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After an almost 70% run to the upside from its bottom, there has been minimal structure built beneath it. Bull Case: We have a give or take 17% potential run to the upsides resistance level. Bear Case: Give or take a 20% draw down to major support, I believe this is most likely the case after its 70% run. On the other hand, these huge banks may get...

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After a 350% run to the up side from the October 2022 lows, Spotify has rocketed off of unprofitability and hopes to be profitable. Last quarter it has a expected .674 earnings per share and a revenue estimate of 3.895 B. Even if this stock beats both (somehow) it still needs to show a crazy guidance for the next quarter. My fundamental reason (this is a joke...

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All depends on the fed. Only judging from a basic bearish rising channel mixed with negative divergence.

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Major resistance is ahead. But, If you look at the RSI it made a higher high on the large time frame. I think this needs to reach the high to match SNP and nas daq. Bullish Divergence!

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Look at the down trend on this, its crazy to me that this formed such a slow and consistent down trend. Buy it and sell at the volume gap.

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Not only will people be repositioning for the "Santa rally", but tech earnings will create a lot of distrust in the "big 7". These stocks are single handedly holding this market up, it will take the slightest news to make the first domino fall. The second we get confirmation, play it long. Remember, the market has its ways to do the opposite of what everyone is...

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All hypotheticals, something to ponder on. I like to use the 2 day time frame when looking at moving averages because they uniformly react to them much cleaner and more predictable then shorter/longer term time frames. Not only is Elon under fire from wall street and investment groups like no other period in time, his own board of directors are trying to boot...

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This set up at the bottom of the channel is a golden position. The final gap down with a bull flag following is something to watch. Waiting for this to either gap up or form more bullish divergence. Target is the upper end of the channel, taking profits at 20%-30%.

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IWM saw a very strong bounce with triple positive divergence. After a very unhealthy rally in the last couple of weeks, we have seen IWM struggle to go green on the daily. With the RSI extended like this we could tap the trend line one last time before the Fed pivots and we rally into 2024. Then Crash. IWM is a great representative of the true economy rather...

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Walgreens will pop to take profit line due to IWM and small caps going up. It focuses on its health and wellness, pharmacy and seasonal flus to get revenue. This will pop...

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Reverse head and shoulders. Be very careful, high risk.

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I have been wrong about the communication sector for the last couple of months and I truly know that I should throw in the towel. But, I know that as sson as you feel like giving up on your bias, it begins to turn into truth... I am still bearish on this short term and I think tech will feel the true damage of higher for longer ;)

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On the basic technicals like negative divergence in the RSI's, the entire 2023 run is a bear flag in my opinion...