jeanius_tech

jeanius_tech

I'm looking for a long opportunity on NYSE:BABA in 2023. Before 2022, it's all-time low was $57.20, and it tested and closed above this level in the fourth quarter of 22'. This leaves me to believe, $BABA will be a good long-term opportunity for this year.

jeanius_tech

I'm looking for a long opportunity on NYSE:CHPT in 2023. Before 2022, it's all-time low was $9.38, and it tested and closed above this level twice. Once in the second and again in the fourth quarter of 22'. In the most recent quarter, Chargepoint also tested and closed above the trend line from that all-time-low of Q1 2020 and Q2 2021 (dashed line) This...

jeanius_tech

Going into the new year, I am watching NYSE:WMT for a short/take profit opportunity. Walmart tested and closed below the all-time high of 2020 ($153.66) for the year, showing signs of falling in 2023!

jeanius_tech Updated 

It all starts with the basics, SUPPORT. My theory is, in order to find a bottom in this bear market, we must reach an area of support that has never been tested before. I'm using the high timeframe of 12M on SPX for example. How I determine a pivot low (or support) is a 3-candle pattern. The middle candle being lower than the one before and after it is the pivot...

jeanius_tech Updated 

The Hazel Heritage Screener alerted me that this week was going to be a bearish one. Last week we saw AMEX:SPY reach the untested pivot high of $411.73, which you can see from the solid red lines almost every time we reach a pivot high that has not been tested yet, there is resistance. In addition to that, SPY bounced perfectly off of the top of the downtrend...