NASDAQ:ZM No participation in this year rally. All Covid era favorites heavily under performed this year. I expect ZM to $110 by end of the first quarter of 2024.. Else keep your stop losses :)
NYSE:HIMS Retraced significantly and now showing a 2nd chance to buy. It was in our Stage Analysis top picks.
NYSE:IONQ is breaking out from Stage 1 into Stage 2 with huge volume. Note this is on weekly and it would need at 2-3 quarters to pain out. For investors who want to hold long term the initial breakout is good entry point, but for traders they should wait for 2nd bounce after retrace from initial breakout. NYSE:AI is retracing today back to the mean.
NYSE:HIMS is about to resume it's uptrend HIMS broke out from stage 1 to stage 2 and ran from $7 to $12 in couple of months, since than it retraced, but seems to close the week very strong. Look for 30% upside from here
Investor must learn when to book profit. AAP peaked around $250 and now trading at the level it traded in 2013. 10 years of investors wealth is now wiped out. You must learn when to exit and book profit.
NASDAQ:PDD Is corrected from initial shoot up, after it broke from Stage 1 into Stage 2. It's is currently trading at the support. If earnings are good, it will rally back to the high it made in last quarter. 40-50% upside from here. It's the best stock right now in our Portfolio 2023. NYSE:BABA is also looking very good at this level
NYSE:AI Is turning out to be a impeccable stage analysis pick. Almost up 200% since breakout I scan 100s of stocks and send stage analysis top stock picks.. Stocks looking good for similar moves $W $DASH $Z $ROKU
Short $AAPL Rejection from upper channel (Expect pull back) Target $170
You should not be surprised if Doordash retraces towards $190 and fill the gap
Long term investor should Dollar Cost Average. 200Day moving average is imminent.
Since IPO Okta has maintained it's growth and it has done that in phases. Looking at weekly chart it looks promising and consistent in 4 year long uptrend. In 2021 it has mostly consolidated and absorbed last years growth and gearing up for next phase of growth. Okta has earnings on Dec 1, be careful about position sizing. Try to avoid earnings volatility.
Although FB has bounced due to FOMO around MetaCurse :), there is possible down trend in progress.
Long Roku Target $300 Looks ready for bounce from 2 channels intersection.
Nice shorting opportunity in ARKK Details in chart.
Short $SPX $SPY Reaching the channel resistance zone. Small pullback possible. Target $4630
Long $PINS Holding the downtrend trendline Target $49
Lion electric has just broke it's downtrend and could continue to rise due to electric vehicle buzz around such stocks. Technically it looks good here, crossing 21d EMA and 50D MA. MACD has improved and RSI is indicating uptrend.
Going into earnings, chart doesn't look good. Whatever DIS earnings would do, i guess it may get sold off, before eventually going up. First target would be $153