INTC showing a strong bullish reversal back to fill the gap near $62, which is my first target. Letting this one ride out
I closed my GME position this morning to put money elsewhere and not be greedy with a 60% gain, I do believe this can go significantly higher but I just have other ideas I would like to try out as well, GLTA
As you can see, GME has yet again shown another day of upward momentum similarly to January earlier this year. It has reached its Fibonacci levels how I anticipated in previous posts. We saw resistance yesterday at the 38% retracement level around $215 near the close, but further steam gathered in post and premarket trading as AMC began to take off as well,...
I believed BNGO was a buy near 5$, and today is it showing very strong momentum towards the upside approaching my first $7 target, insider activity has also been very heavy within the past week, and i expect to see this trading much higher in the coming months with this breakout.
GMBL Breaking out of its downward trend strongly, with a range like this, expect this to have room to run higher as ATH's have been $20+. No where near overbought and the reversal is just beginning, will update when I exit
PENN gaming bouncing off the 200DMA as I predicted yesterday, will easily carry this to $100 IMO, not only do we have support at the $75 level, but we also have an upward trendline from August of 2020 that gives this 3 technical confirmations and bullish outlooks for an upward movement towards my target of $110.
PLTR working out beautifully as it broke out of its downward channel, now that the reversal is clear, we can watch this bounce off the 100 and 50 Day moving averages, giving this room to move exponentially towards previous ATH's.
I previously posted that I closed out of this position because of the BTC dip that I thought gave the setup too much BTC exposure that could pull it down if BTC continued to drop, but this is playing out very nicely from my original post when I was long at $200. Nice reversal here.
With Snapchat having a selloff the previous day, I thought it was a healthy pullback after having nearly a 13% move in a few days, the top of the channel has acted as support and more buyers have entered which will push this higher to $65-$70 level, path of least resistance. Working out amazingly!
MARA bouncing off the 200DMA as I predicted in the previous week, solid way to give yourself BTC exposure, entry was a little early with unfortunate timing due to the bitcoin drop, but I do think a reversal is here.
Snapchat cleared through its channel range the other day, topping nearly $61, a pullback today seems healthy with an almost 7% move the previous day. What I am looking for next is some support on top of this ascending triangle, if price can hold above approximately $58.50 for the week, I think it will give traders yet another opportunity to enter for a move...
As I predicted 2 weeks ago, GME showing parabolic momentum breaking out of its consolidation channel. Currently sitting on the resistance point of $211, which is the 38% Fibonacci retracement level, a strong close above these levels can indicate a move to the next 50% retracement level near $260 price point. Seeing a lot of resistance on the Level 2 near $211, but...
PENN Gaming reversing from an oversold area looking to bounce off its 200 day moving average, in my opinion $80 is a fair price for a swing towards $110 near term. Not only is this respecting its support line near $75, but its trendline since August of last year. $110 is a conservative target, considering its trading range near $140 in March. Negative MACD value...
Was watching this for a while, but generally dont get involved in airlines. Today AAL has broken out of its ascending triangle, a bullish sign that may give this steam to fill the gap near $27. No position, but if you were interested, stop loss and target are included on setup.
Pinterest slowly but steadily making a comeback to fill that $76 gap, MACD reversing and respecting its support within the horizontal channel as predicted.
Palantir looking strong breaking from its downward channel, a solid green candle to complete todays close gives me full confidence for a move back towards $27.
GMBL showing strength today breaking out of its respective downward channel, a close above 10.50 and a green day tomorrow would give me full confidence for a move higher