Alteryx, Inc. provides self-service data analytics software platform. Recorded bad earnings last quarter and has wild 15-20% swings. Short interest is 8.7 %. I like this triangle pattern to breakout, as in my last post MSFT will post good earnings and benefit tech stocks next week.
Goodrx is in the cloud software healthcare sector. Nice looking bullish pennant (lower highs , higher lows) on daily with over 28% short interest. Finviz has a $48 price target. Microsoft has earnings next week, so they should push all SaaS/Cloud stocks next week. Good luck!
After confirming bearish double top pattern, it retraced close to the .618 fib level around .23c. Now, we have a triple top and up 20% on no news. They did get listed on OTC US exchange 5 days ago. I would wait for pull back and go long the psychadelic sector (1-3 years).
Bitcoin - bearish head and shoulders on 4 hour. It needs to break below the neckline of $30,100 or round number theory 30k. Lets see what asia does over night. Start buying alts with limit buys. Good luck!
I wanted to go over reversal candlestick patterns in down trends for symbols TTD. TTD - Is a stock I've been following for years and recently posted a good earnings report. On jan 7th, we had a hammer candle after a downtrend whih means a possible reversal. The fib retracement was close enough to the most common .618 retracement level. There was strong support...
I wanted to go over reversal candles in down trends for symbols TTD. TTD - Is a stock I've been following for years and recently posted a good earnings report. On jan 7th, we had a hammer candle after a downtrend which means a possible reversal. The fib retracement was close enough to the most common .618 retracement level. There was strong support there as well...
Trump just officially signed the relief bill, so DXY dropped 12 cents. Metals - Gold futures up .85% and SLV futures was up 3.5%. GC has possible bullish inverse head and shoulders on daily. The GLD etf has bullish Feb 2021 put/call options ratio of .22. GOLD - Barrick gold, Warren Buffett has stake in that. The most common fibonacci retracement is .50 , which is...
PRPL - designs and manufactures products which include mattresses and pillows. Asc triangle breakout on daily chart with decent volume. The options chain for Jan 2021 showed 5800 contracts of $35 call traded on Dec 24th, 5300 $35 calls in OI. Will follow up Monday to see change in OI. Hope you had a Great Christmas !
Thought I would chart a canadian crypto stock for any canadian followers. Hut 8 Mining Corp. operates as a cryptocurrency mining company in Canada. On the weekly chart, it has broken out with volume last week. The MACD is crossing up as well, 10% short interest. I looked at the HIVE chart as well, but there was some selling friday. Once the Fed approves the...
BYND - Looking for a pop out of bollinger band squeeze to the .5 Fib extension ($157). Support at $120 , Entered on friday at 144. Stop loss 138 . Short interest is at 23%. GL!
Large activity in CarGurus since this name typically trades less than 400 contracts per day. On Dec 11, 5,000 Dec $25 calls closing for $3.40. 5,000 Dec $27 calls bought for $2.00. 3,800 Jan 2021 $29 calls are trading; most bought for $1.55. The golden cross is almost there (50 dma cross over 200 dma). Analyst Davidson gave the stock an upgrade friday. Beware FOMC...
AMD on break out watch for all time highs. CHWY - ER tuesday after hours, the retail space has been killing ER's. LULU - Retail sector again, All the girls stuck at home buying more legings, lol. MDB - SaaS sector , dont hold thru earnings, play the run up. Also, Door dash ipo is wednesday. Good Luck!
$2.6 is the neckline, if it breaks look for the .618 Fib level at $2.34 . Warm weather in the major centers like NYC and LA , also La Nina weather system this winter. KOLD is the stock to short NG or buy UNG puts. I think UNG goes to $2, GL!
This Cup and Handle on daily timeframe has target of $569 at .618 Fib level. Most alt coins are pulling back on hourly TF and Bitcoin is consolidating for move to $20k. *2017 Nov run in crypto is looking very similar right now. Good Luck!
If you had a rough week or 2, you are not the only trader! The weekly chart confirmed a double top, then we backtested 320, which is a level of support from June 2020. 326.55 needs to hold, so we have a higher low on weekly timeframe. Daily timeframe, I was looking for a cup and handle, but the handle failed after FANG reported ER's Oct 28th. I was following my...
Bullish engulfing on daily. Fibonacci levels .382 = $1520 could be resistance, Looking for earnings run up before Oct 26. Options analysis - Volume from Oct 9th. Oct 16 - 1200 $1520 calls, 1000 $1530 calls, 1800 $1550 calls. Nov 20 - Huge OI in 1500 and 1500 calls, Put/all ratio .35. Of course, any bad Trump news could flush the market. Trade safe if you are...
The homebuilder sector etf was up .75% on friday, despite rest of market being red. BZH has rising channel on daily, resistance would be $14.44 in this channel. Over 4000 $14 calls sitting in OI for 10/16. Fibonacci .618 is $15.4. Everything is dependant on Trumps health. Happy trading
Recent Electric vehicle sector ipo stock , Bullish hammer candle. Fib level .382 $20.1 break over would be bullish. Options flow - Over 9400 10/16 $22.50 calls bought today. EV sector was on fire monday - wednesday this week. Happy trading!!