NoFOMO_

NoFOMO_

This has got to be one of the most bullish setups out there. We are essentially in a larger time frame bull flag. Price remains in a short term downtrend, putting in lower lows and lower highs. However if we breakout of this flag with volume I fully expect the start of a new 5 Wave Impulsive move to the upside, essentially the start of a new super cycle with the...

NoFOMO_

For the full depth analysis please refer to my previous analysis. I was waiting for an overshot on the B Wave, now it’s clear to me we are in an ABC corrective pattern to the downside, an expanded flat to be precise. I fully expect us to close an old gap between $35-36 and then start to head down. Do your own research, hate, like or simply just enjoy my...

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It looks like we might have put in a bottom and about to start a move to the upside here. It’s likely to be short lived but the fact that we have reclaimed the POC (red line) suggests a counter trend rally. Also the fundamentals with increased revenues suggest an attractive risk to reward for a long trade. Do your own research, not financial advice.

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It’s make or break for Coinbase. $146 remains very important support. If we lose it then i expect we drop quickly to $126. Lose that, then we are in a whole world of pain. I have a bearish bias on Coinbase right now. We are breaking out of an ascending wedge pattern and support was lost at the 0.75 Fibonacci Speed Fan. This was confirmed on Friday’s close. It...

NoFOMO_

It looks like we are maintaining some level of support here at $37. Also some divergences on the RSI. Could be worth a trade here if we can hold the support. I think we are at the final stage of the 5th wave down, it could well go deeper so you’d want to keep a stop loss/exit the trade if it drops below $35. That’ll indicate indicate one final puke towards...

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FUNDEMENTALS Volkwagen - the people's car, once upon a time this was the world's most valuable automobile company. So what happened to this car manufacturing giant? Unfortunately, they had installed software to cheat emissions test, causing a 40% drop in the stock price. That was back in 2015 and once again we are approaching are the same price level once...

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FUNDAMENTAL REASONS: 1. Palantir's high P/E and P/S ratios suggest the stock is overvalued, making it vulnerable if growth doesn't meet expectations. 2. Revenue growth is decelerating, which could lead to a revaluation of the stock price as the company matures. 3. Palantir has struggled with consistent profitability and has thin margins, raising concerns about...

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FUNDEMENTAL ANALYSIS TSEM, a foundry business based in Israel. A potential small cap gem which may experience exponential growth over the next few years, largely due to the demand in semiconductor solutions as part of the AI super-cycle. All eyes have been on Nvidia, which continues to receive strong demand for their GPUS, with Blackwell release on the horizon....

NoFOMO_ Updated 

When will Snowflake stop melting away? Unfortunately I don't think anytime soon. But that does't mean you can't trade this to the upside. We are back to the Value area low of the entire range of this chart. Sitting at all time lows, this could get a lot worse. But there is a chance we get some sort of dead-cat bounce back towards the Point of Control (around the...

NoFOMO_

We appear to be in an Expanding Diagonal pattern. I believe Okta still has some room to go and we should get a final wave to the upside. Currently we are in correction territory and so there may be an opportunity to go long here. The ideal entry will be around the golden fib retracement and within the Expanding Diagonal support confluence. I am merely bringing...

NoFOMO_ Updated 

No need for a long explanation on why this is trading downwads, the largest IT outage in history sent the best performing Cyber Security company down back to earth. Does that make it a bad investment? Only time will tell, but it remains the best in breed company and in my opinion it's worth taking the risk. I entered my trade in the golden fib pocket and I shall...

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ARM is way overvalued and the technicals don't look great. Not the cleanest head and shoulders pattern but I see one is forming and it should be confirmed, UNLESS we bounce at the golden pocket. I don't like the bearish diverences on the RSI, so I suspect we will continue to see this fall. Not a whole lot more to say here, be careful with this stock. It's a...

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Interest rates are coming down, the rate cutting cycle has started in the EU and the UK. Time to look at the best defensive stocks out there. Reckitt Benckiser is close to the top of my list for the following reasons: 1. High divident yield - 4.51%. This will soon be higher than having money parked in a savings account. 2. Low market volatility and recently...

NoFOMO_

Bill Ackman has been loading the boat on Nike. I did advice you guys to also start loading, whilst all the analysts became bearish and the media outlets spout their usual nonsense. This is the second American super brand, after Starbucks, subject to an activist investor seeing value and exerting pressure on the senior management. If you refer to my earlier...

NoFOMO_

Potential bounce at the monthly but I wouldn’t touch this until we break the downtrend on the RSI. I think we are more likely to see a touch of the Naked Point of Control, there’s a lot of volume there around the $65 level and buyers should step in. This is worth keeping an eye on if you’re trying to bottom fish. Just don’t catch the falling knife right now, you...

NoFOMO_

Bearish divergences on the weekly, rising wedge pattern with declining volume during this move up. Stop loss set above the weekly in case it rips. Not financial advice

NoFOMO_

Beaten down heavily due to a slowdown in consumer travel. But this is a very good long term growth company that has a strong moat and good free cash flow. Not the worst place to open up a position if you’re happy to employ the dollar cost average approach. I went long at the dip. We were at the VAL and the weekly. Stop loss just in case it turns bearish, which...

NoFOMO_ Updated 

A leverage play to the EV market. Fundamentally the stars may align for this semiconductor business, as the EV market might be bottoming. The price looks weak, however, we are coming off lows and the selling volume has declined. Price needs to break above the 0.786 and move towards the golden pocket. I suspect it's the end of the corrective wave 5 and the start of...