mogulxtrades

mogulxtrades

Baba is approaching the key level of the 200 SMA, a zone where price has respected and bounced sharply off in the past! What's crucial to note is this is occurring off of a falling wedge pattern, and RSI in the 30s showing oversold conditions. - Calling 108 as an interim bottom here - Looking for 117.7ish as the next leg towards where price is headed P.S: This...

mogulxtrades

NVDA has been staying in this descending for the past 3-months or so and without fail has been unable to breakout like it is trapped in a cell. For the near future and especially with the ping-pong trade and international policy approach by the administration I would take puts for 3+ weeks out on any rally. fade any rally. Building in the US is a nightmare for...

mogulxtrades

Double top and multiple rejections in this 310-313 zone. Looking for a retest of 287 for the next key pivot point, and from that inflection watch PA to see if we test the critical level of 273 (lots of trading volume and buyer/seller conflict), or we can bounce off that zone forming a double bottom heading back to the 343 retest.. interested to see what transpires!