NEWS - World Health Organization has declared Monkeypox a global health emergency. There are a few stocks that are seeing a bullish move from this news, SIGA being one of them. Our all time high on this stock is $17.50 and this was back in May of this year. This has the potential to set a new HOD for us in the coming weeks. I have taken a position in the mid 15...
Short term Trade Plan: - Bounce off of the 22 zone or 19 zone. - Need to find a MACD Cross move which looks like it is gearing up for this coming week - August 4th is the earnings announcement which Wall street expects a 12.5% improvement over last earnings. - Looking to capture a 5-10% move this coming week. Long Term Trade: Although I have day traded the...
We may see some movement on this one in the coming weeks just like SIGA. I have drawn out 2 levels of resistance with interest on my end after a clean break of $2.00. I will be watching for a technical setup in the coming days to decide whether or not I will take a position. (Not Financial Advice) Trade Safe P.S my case on this one is just like SIGA so you can...
I have had a few successful trades this past week on NVDA. A lot of attention drawn to this one from news and US politics. I am looking for it to test support for another pull up as we go into earnings | Political vote while potentially playing a short term PUT if it breaks below my support. Long term I am bullish on this one if we are looking at common shares or...
Most recent news from 2 days ago - finance.yahoo.com Technical look out: - Looking for MACD to bounce up as it diverges - RSI cooling off from the overbought zone so we can potentially expect some volume soon - Price although has shown bear candles on the daily, it has consolidated fairly well considering the last spike from the news of -->...
Posting another Idea on NFLX here. Reviewing this from a 4 hour chart perspective I am anticipating that there are going to be some resistance at the $226 & $230 zone. Looking for it to open above $221 to stay bullish on the trade but an open below would keep me sitting on my hands. Further continuation below the $210 zone would be a PUT play for sure. It is...
This is my 2nd post on this stock. Last one was from July 5th 2022. From when I initially charted this plan (refer to my old post), it had failed to successfully execute the MACD Cross. which resulted in it failing to close above the 20 EMA as well. Since then we have seen a surge in interest from the news 4 days ago...
News between Microsoft & Netflix pushed this one nicely since last week. Earnings during AH today was positive which helped with the bullish move. I will be looking for it to hold nicely above the 221 zone for market open so that I can see more bullish movement. However a break below $210 at the market open will be a signal for me to expect further pull back. (Not...
I am conflicted by this one as I see a rejection zone at the spot we are in right now. The last few times it has reached this spot, it had hard rejection. However where I see a technical setup here is the following: - Bullish 4 hour candle moves - MACD Cross is about to take place - RSI looking healthy It has come out of its double bottom nicely with a bit of a...
Looking at a double bottom move here that was successful as it pushed above the $160 zone. The pull back after hitting 168 today could form a Cup & Handle which if we see a pull past 168, the next level of resistance I expect is $175. Although I am not an experienced option trader (usually trade small to mid cap stocks) I do however believe this is an opportunity...
Over the course of the past few weeks there have been plenty of opportunity to scalp|trade this stock. It had its biggest momentum push from the Roe V Wade case and since then it has been fairly quiet. With that said it's last move was breaking out of its pennant, but the next piece of movement I am looking for now is a reversal once it finds its bottom. Looking...
This is a slow grinder kind of a play but one that may bare fruit in the near future if you are looking for a good 10%+ move. The stock in the past few weeks slowly creeped its way up to the 9.63 mark before pulling back to the 7.02 mark. From there we saw a move up of over 10% to 7.95 just to be rejected from the psyche resistance of $8. Since then it has pulled...
Finding a support above the 1.60 zone with a close resistance spot of 1.91. If we can break past this and move past the psyche zone of 2.00 I would make an entry for a 10% move. (Not Financial Advice) Recent News Article: ca.finance.yahoo.com
Stock has been consolidating nicely since its breakout on July 12th. I am looking for a break above resistance before making an entry on this one. On top of that I will be looking for my technical indicators & volume to tell me whether I should trade this one or not. (Not financial advice)
This stock just recently had a major reversal from the $2 zone all the way up to $7. All of this happened during AH trading Thursday and PM Friday. I am looking at a new support zone of keeping above $5 but if it breaks below then my trading plan will have to reset. I expect some consolidation this week based on the candles & overbought RSI. With that said either...
This stock is a play on EV. On Friday it was mentioned that they no longer need more funds to launch their FF91 EV. This stock has been a steady climber this past week and had an even nicer push from this recent news. The charts are still showing an incline trajectory. Only thing for me to be weary of on the technical setup is the RSI reaching an oversold zone if...
Stock is reflecting oversold on the 15 minute chart while price has held above $2 throughout all of the rallying since its initial pull up from earlier this week on the news (captured below) I will be looking for a technical setup for a move up for 10% or more. If this stock breaks below the $2 mark then I will re-asses the plan on this one. (Not financial...
EVFM had a strong move today generating a total of 187% gain on the day with more activity after hours. Although I did not get in on this from the beginning, I did however wait for the proper entry before trading. I drew my line of entry today and made that decision based on where the last resistance zone was from early on in the day. The volume was solid on this...