ARK next generation shows a strong bearish monthly candle.
When everyone is long it's always time to get out. ARK is bringing a new thinking of investing but I think it needs time breath and come down a bit. Bearish Pin Bar for this month shows bearish momentum medium term. Just an opinion. Do your own homework before investing.
Emerging market trend has kind of broken out of the consolidation but yet rejected from prior high so until it is north of that nothing concrete. It is still in a long-term uptrend.
DKNG Wave 5 we profited as per my previous post and now abc correction also coming to an end. Another long entry emerging for new wave 1 around 42-45. If this support holds one can easily ride this till the end to wave 5. I have an entry order waiting to hit. Hopefully tomorrow. Just an opinion. This post is for educational purpose only. Please do your own...
GLD retraced to 50% and started moving higher from previous support. As per our previously posted weekly chart this ETF is likely to move higher. There is some fundamental support since recovery may bring inflation worries.
Just broke out of triangle pattern, High volume supports the breakout. Indicators are supporting the move too. I think it will move higher. No fundamental analysis done but technically stock looks ready for move north.This post is for educational purposes only. Pleas do your own homework before buying or selling any financial assets.
As you must have noticed most of our previous posts have done well. DDOG, FSLY, DKNG, DHR, and many others. WKHS is now setting up for a move. One can take a long position with half qty and go in full after retest. As we all know about Workhorse deal with USPS that is in the pipeline. This may be a good long set up for the 5th wave. This posts are educational...
EXAS was very strong and up over 20%. I am looking for it to retrace a bit to buy some.. Looks good if one is looking for something in health care science and research for your portfolio or you could simply swing trade. Please do not buy or sell any financial instrument or any other assets reading this post. This is strictly for education purposes only.
Good company with over 3.5% dividend. Growth stock. Retesting the breakout are. I think it's a good buy there. I will watch to add some there for a long term growth and earn yield. This is not a recommendation to buy or sell any financial asset. These posts are for educational purposes only. Please do your own homework before purchasing any assets.
GlD has started forming handle for a cup and handle pattern. Guys remember this is the last time GLD will be seen at that price. Bottom of the handle is what everyone needs to keep an eye on. When confirmed it is time to load and hedge against USD. Because as previously posted, today VIX has bounced heading up, USD is heading north and GLD and stocks are going...
SHLL Long set up in play. Price is getting ready for a wave 5 run. Merger is also very close. Strong price action. If closes above the breakout candle, i think it's time to go long. This is an opinion. Please do not buy any stocks or other financial instruments reading this posts. These posts are for educational purposes only.
DDOG is setting up for a breakout pattern from the wage. Stock is up 190% from March low. consolidating or breathing after such as long run. Not showing any weakness in this past few red days from market. Likely move higher. Excessive volume spike shows push downward less likely it seems. Will look for confirmation in the coming week to go long. This is an...
Nice handle forming for cup and handle pattern. Once market stops bleeding which is likely to bounce atleast temporarily from the oversold territory, Price for EL may also break out of handle. Getting ready to go long once the set up is completely formed. I see this downward pressure from market cyclical and likely to not have crash as lots of fear mongerer are...
While everyone wants you to sell our favorite stock AAPL here is what analyst are saying take a look. All says buy and target between 135-150. Also look at the chart for possible consolidation and then a bounce. Price currently 21% off from the recent high. Sep-17-20 Reiterated Jefferies Buy $116.25 → $135 Sep-16-20 Reiterated Needham Buy $112.50 →...
Although market has been following and nasdaq more so than other indexes, FSLY is holding strong. That is a sign of accumulation. Wage pattern has formed and on Friday on a down day for market it broke out of a wage pattern with a strong volume. Great set up if follow through comes on Monday. Looking to go long on this one. Feeling confident. Take a look at the...
CAT is breaking out of a long term pattern. Breakout is with a strong volume. Some money surely preparing for a worldwide recovery from covid-19. Recently lots of analyst recommended the stock based on its fundamentals. price to sales ratio is very attractive. Dividend paying stock projected to have 39% higher EPS next year. So boys from Wall street are now...
I have posted a chart for this company few weeks back. MMM to me looks very intersting. Downtrend from 2018 is being broken after a long consolidation. Price just broke out of it today in a market down day. High volume. Trend indicators are showing momentum. Good company with fundamentals trying to turn around. F/PE not so attractive. But EPS expected to grow next...
All I hear on the media is tech rotation. Tech too heavy. People forget Tech has few things going that no other sectors have. One tech is the new commerce. Due to Corona virus it is the commerce. Growth is heavily expected. Not US but rest of the world is worried and wants to park their money somewhere there is return for their money. There is no alternative to...