UnknownUnicorn7245819

UnknownUnicorn7245819

Good buying opportunity is coming up for AMZN with the current pullback. Depends on how deep the pullback is, good pick up at 3400 to 3500.

UnknownUnicorn7245819

MSFT has been pretty predictable since January 2021 due to its nice uptrend. I see MSFT possibly pullback to 255-260 and then go up again to 300.

UnknownUnicorn7245819

With the possible tech correction, it looks like CRM is retracing to the bottom of the trend line at around 226-232 area. If trend line holds, it should be a good long swing trade going up to 265-275.

UnknownUnicorn7245819 Updated 

This company has a strong fundamentals with growth in the last 4+ years. It currently has no debt. It is slightly undervalued. From technical point of view, the next buy zone should be around 150-155 according to the long-term trendline.

UnknownUnicorn7245819

Stock tends to consolidate for weeks and months after a huge move. I think that will apply to FB in the near future. After a strong move up from 255 to 330 (30%) back in March-April 2021, it recently has retraced back to around 300. I think we will see a lot of bouncing around between the major levels of 300, 315 and 330 before the next run up, potentially later...

UnknownUnicorn7245819 Updated 

Looks like MSFT will start to consolidate for around the current 240-250 area before taking off again just like back in March. Time to accumulate shares in the next couple of weeks.

UnknownUnicorn7245819 Updated 

Looks like a big bull flag pattern building in QQQ.

UnknownUnicorn7245819

Google has very nice uptrend line since the market crash last year. It has been a very strong stock in the last few months. Should be a good buy around 2000 or so. This is for long-term investment.

UnknownUnicorn7245819

Looks like the SPY is building a head and shoulder pattern with the neckline at 370-375. The right shoulder is building in progress.

UnknownUnicorn7245819

It looks like investors will have another chance to buy FB since Jan 15 and Jan 29. I have 2 major zones marked in the chart. Zone 1: 253 -258 (previous demand zone from Jan 29) Zone 2: 235 -245 ( Gap from July 2020)

UnknownUnicorn7245819 Updated 

Looks like the QQQ is ready to take off and go to the Moon (aka the euphoria stage). FOMO is coming.

UnknownUnicorn7245819

ACN is a good company to invest in, and it is dropping with the recent correction in Jan 2020. Good entry point would be around 225-235 near the long-term trend-line in the chart.

UnknownUnicorn7245819 Updated 

Today, the market suddenly dropped in the morning and recovered. The candlestick on the QQQ today is very similar to the one back on Sept 2, 2020. In terms of location, they are similar as well where QQQ makes all-time high on that day. Of course, we know what happened after the Sept 2, 2020. Just something interesting to think about heading into the next few days.

UnknownUnicorn7245819

I just noticed this range bound movement in MSFT this weekend. It has been in this range since early July last year. The top and bottom trendline is slightly sloping up, which is good. the next entry point for long is probably at around 215-217 or so. That depends on earnings on Tuesday of course.

UnknownUnicorn7245819

Looking at the long-term trend line and channel, it seems like a good buying opportunity for FB around 235-250. Also there is a possible gap fill from July-August. I am looking to watch out for a possible buy next week for my portfolio.

UnknownUnicorn7245819

Looking at the daily and 4-hour chart on CRM, it looks like a possible cup pattern forming with the base at around 220. It could start moving up in the upcoming weeks. Possible long-term buy right now around 220-222 with stop loss around 200-210.

UnknownUnicorn7245819

I was checking out the market cycle chart (See link), it looks like SPY might have just reached the state of complacency, which is the lower high off the Euphoria state back in August. Of course the SPY can still keep going up. It is just something to keep in mind. If that's the case, it is quite interesting to see the entire market cycle in the year of 2020. ...

UnknownUnicorn7245819

Today's candle is a bearish engulfing candle in the daily chart on QQQ. Need to wait for confirmation but there will be more downside coming. Note: what happened yesterday and today is a classic dead cat bounce.