gkm

gkm

Does Dimon hold the keys to the market? Every timeframe is overbought but JPM is holding above a key level. There are a few stocks in the DJI index that look like this. AXP is also very interesting. Presently, just watching this intently. Also, noticing that the Fed Reverse Repo is draining at an extraordinary rate. The money ($0.5 T so far) is going...

gkm Updated 

200-500 moving channel. Room to the upside before overbought on the daily and plenty so on the LT timeframe. First target shown. Stop double close below 3.80.

gkm Updated 

Seeing a number of large stocks that look toppy. The short short list includes KO, MSFT, MCD, AMD, CRM, DHR, and this one. The sketchy shorts include S and TMUS. The long list includes MDT. Traditionally after last week's down close following the Fed announcement that also means at least two weeks or more of downside. A double close above last week's...

gkm Updated 

GASS has not been overbought or oversold for a very long time. The next extreme level will be a major turning point. Until then...

gkm Updated 

It's important to remember that the latest talking-heads that you hear on the financial news are the latest who are spouting the most conventional views. TV producers for instance pick who they want to speak based on their own personal biases for what the answer should be. Case in point: the debt ceiling. I've heard many views about how the debt default would...

gkm

This looks like a capitulation bottom. The entire float has traded. Of course, it's more likely a zero, but nothing ventured is also nothing gained. Maybe one of the big boys or girls just buys them out.

gkm Updated 

Looks like will either break above 2.50 or break below 1.50, or both. I'm saying above 2.50 first. Weekly buy squeeze active.

gkm Updated 

200-500 moving channel and weekly buy squeeze firing. First target 11 then 13. Stop close below 8.

gkm Updated 

There's Waldo in plain sight. What other indicators are there to trade off on a stock like this? Wack a mole. Stop is double daily close below recent low.

gkm

Daily 200-500 channel in the works. Looking for first target at about 58, then next maybe 70ish. Stop on daily close below 41.

gkm Updated 

Agressive entry short here looking for follow through to the downside.

gkm Updated 

The principles you find here are: 1. The rise looks like the run , i.e. the consolidation (diamond) leads to a proportionate rise vertically. 2. The consolidation can be projected using Fibs from its highest-lowest starting from the breakout level. 3. The sequence of a bubble such as this often follows Hubert Senters' (1-2-3) "bang-bang-pow" formulation where...

gkm Updated 

Daily close below 1.5 is stop. First target is 3.

gkm Updated 

Like AZPN short based on the first test retrace from below back to the 200 SMA. Stop is close above recent daily high. Should gain momentum below 201, which is the key level to take out. Target is 500 SMA. Half profits at halfway.

gkm Updated 

AAPL has a tweezer bootom on the weekly at trendline support. Weekly and daily oversold, but in the monthly downtrend. Short term trades to the upside as shown within the hourly overbought and oversold.

gkm Updated 

AI hype is scary real. I think AI is probably already hyping itself. Long live our new rulers. A break above 0.53 would bring more strength. Pattern could be a rare Wolfe Wave. Time will tell.

gkm

Same, same. Targets as shown. Stop double close below present range on daily.

gkm Updated 

Looks like AUY is building bullish moment for the long term. Stop is monthly close below 1.87.