$BKNG Possible Bear Flag on Daily Volume trending down on this leg up since March low. MFI flat. ER this week. Could be a bloodbath. If they miss or give worse than expected guidance...I could see this thing revisiting $1,000 near term. No position. Education not investment advice.
$SAVE Bearish Pennant Breakout & Successful Retest Today Near term target : $10.00 by mid May Assumes a close today below $12.80 Educational not investment advice.
$BBBY Oversold Finding Support Target - $7.50 by mid May
$BBBY Extremely Overbought Expecting a near term retrace of atleast -10% Picked up some 5/1 $6.50 puts at the peak Opinion not investment advice.
$KR Ascending Triangle Target $37.00 by early May assuming lower trend line holds
$FB Stalling After 50% Retracement - Bearish Outlook ER next week...expecting a miss and resulting decline heading into May-June. See chart for two possible targets - its possible we revisit Dec 2018 low. Opinion, not investment advice.
$SNAP Rising Wedge Into 200D EMA Resistance Earnings next week likely to be dismal with ad revenue down significantly. Expect a retest of mid-March low in the near term. Next week puts (exp 4/24) looking fairly priced. Eyeing $10.00 strike going for about $0.25 or $25. (Opinion not investment advice)
$USO Cup & Handle - Nearing Breakout (Short Term Trade) 4/17 Expiration Calls dirt cheap right now. $4.00 strike going for $0.33 - essentially baking in little to no movement by end of day tomorrow
$ZM Zoom (fad stock) Overbought - beginning to reverse once again for a lower high than mid-March. See chart for near and medium term targets. I don't see how this company has any sort of a moat or long term competitive advantage. The functionalities of its service are fairly simple and easy to compete with by larger players like Cisco, Google, Facebook, etc....
$AMZN Expecting to hit a near term top today or tomorrow, it's possible it pushes for the $2,500 mark. Anticipating a near term, healthy pullback to the $2,315 or EMA 20 area at least leading up to ER.
$BA Bearish Pennant Breakdown Breakdown and successful retest yesterday. Short term target $120. Medium term target $106 possible leading up to ER.
$TLRY Appears to have double bottomed just above $34 support from last year. Moving on solid volume today. Expecting continued bullish move near term. 1st target - $44.00 by mid-June 2nd target - $48.00 by early July Note: Informational, not investment advice.
$SHOP Shopify Topping Out - Correction Upcoming - Rising wedge pattern on daily - Bearish - Volume & MFI divergence vs Price entire month of May - Bearish - Price/Sales Ratio now over 25x (all time high for SHOP) vs most other top growth SaaS companies in mid-teens - Bearish See chart for near and medium term targets. For a possible options trade , I'm...
$WING Ascending triangle breaking out today to new highs - monitor for a close above $79.90 resistance level. Not a fast mover with beta <1.0 and modest avg volume numbers but still looking solid recently. Target - $90.00 by early August (note ER also early Aug) Note: Informational, not investment advice.
$CRI Oversold at Support Target - ~$115 gap-fill by next ER late July SL - $91.50 Last I checked people are still having babies and they still need clothes. Note: Informational, not investment advice.
$SNAP Looking oversold today finding support at $10 gap-fill from March. Fundamentally I like $SNAP in the near term due to the success of unique filters introduced recently. They've been all over social media across all platforms. Definitely seeing a trend. Daily active user number should get a bump up for the quarter fueling ad sales. Target - $13.00 by mid to...
$DE Rangebound - Near Term Bullish, RSI Bottoming Near term target - $167.00 SL - $154.50 Note: Informational, not investment advice.
$HD Possible long term H&S Monitor for a close below $193 support level. Next key supports at $180 then $170. ER coming up late May Note: Informational, not investment advice.