Finally popping like it deserves, options playing out nicely with this one. Very important that we hold around this 10.50 level being the 38% retracement level from the ATH in January. I would like to point out that the short interest is 31% of the float, with insiders not being able to sell shares until $30 a share. There are plenty of really informative DD posts...
This is a 45 Minute chart, take it with a grain of salt, but looks like a bull flag to me, interesting to see how this plays out tomorrow with AMC price action practically being identical to this.
Clover health has quite the catalysts not only fundamentally, but technically as well. Technicals: CLOV has been in a downtrend since early January, with an all time high near $17.00, and all time low of near $6.00. Quite the range. Fibonacci retracement levels can give us approximate levels of support and resistance once a breakout occurs. As you can see, the...
Quick update on PLTR, moving how I predicted towards its first target of $27. Red day today because of the meme stock price movement, but this company does in fact have true fundamentals and continues to sign deals with the US government as well as show YOY growth, data analytics will without a doubt be one of the biggest sectors in the near future, and one of the...
$GMBL met resistance at its previous resistance level at near the $12 level, a break above $12.15 would bring its next target to near $14.50. Watching closely, needs further volume and momentum
With BB now reaching a new high since the previous January squeeze, the level reached was approximately near the $20 Level, or the 61% Retracement level. It is now currently using the 50% retracement level of $17 as support for a potential next leg up. If parabolic movement continues in the "meme stocks" , you can look for your next targets of resistance levels...
The chart is relatively self explanatory. AMC has been moving according to its retracement zone levels, we see resistance where there technically should be resistance, and we see support at key levels of the retracement pattern. Considering this is not your typical volatility and case scenario, the price movements are going to be nothing short of parabolic with...
AMD Looking very strong here breaking out of its resistance trendline heading higher, I expect this to head towards $90 soon. Very Bullish
Closed position at $62 from $53 Entry. Price was rejected at the $64 resistance level, solid trade GLTA still holding.
AMC printed a beautiful bull flag at the close today, bringing this higher after hours towards its 100% Fibonacci Extension level, price point being around $36.20. As long as we can hold this area as support, the next fibonacci zone would be between $36 and $57. As shorts cover, I expect this to be nothing less of parabolic as this new zone acts as support for the...
GME showed resilient support near the 38% retracement level. As I said in my previous post, I was looking for re entry near the $211 level, missed it completely but supplemented by adding to my AMC position in both shares and options today. My next target for GME would be near the $320 level, being the 61% retracement level. Watch this closely, I expect chart...
As I updated before, I went with a small options play looking for a retracement. After hours up near $13.00.
Following the other meme stocks, I expect BB to show similar price movement to AMC. Purchased some $11 calls on Friday for a retracement move towards $13 with other meme stocks moving upwards. Speculative lotto play if anything. Heavy volume premarket, and gives a lot of retail trader exposure being a low priced stock with relatively low premiums in comparison to...
Reason I trimmed my position near 240$. watching the 1 min chart it seemed like the market had a hard time bringing this over its 50% retracement level, what I am looking for now is a support bounce off of the 38% retracement level at the price point of 211$. if it fills that gap and shows at least a solid daily green candle above that price, I would most likely...
PINS with bullish green candle after green candle, watching RSI and MACD to judge this trade ands see if we can fill that gap at 76$ by the end of the month.
BNGO showed a solid reversal out of its downward channel towards 6$ for confirmation that it was finished going lower, and shows a continued strength for a move towards 7$, its 23% retracement level from high to low. If traders and the market want to bring this higher, my next target would be near 8$ or a 38% retracement. More of an in and out trade for me, but...
This has been a really great snapchat trade, approaching my first 65$ price target in the near term, most likely sometime this week. Passing the 65$ level would then give me a second target near the ATH of 74$+. Obviously this cant go vertical to 74$, but look for some resistance near 68$ and then a bounce off 65$ as old resistance acts as support for the run in...
AMD Continues to show upside strength and potential as a clean bullish reversal towards $85-$90 range is not far away. Watching MACD and RSI to determine an exit point. GLTA