ser64
Swing play here. Most likely scenario is a breakout to new highs possibly after some consolidation period.
The recent gap up has found a new level of support and the consolidation period seems to be ending. Look for a retracement of the consolidation move to test new highs around the end of the month. A failure at the decision box means we're going back down to the 150 level.
See text in chart - bull and bear theses outlined.
People can do their own research into the fundamentals, but here's my chart.
Kind of late to the party on this one. Read the text in the chart.
Both sides of the play here. Recent acquisition will help DM grow. Earnings will act as the catalyst here and should happen in the next 4 weeks.
It looks like CCI is beginning to turn. It's been pulled down with the rest of the REITs due to interest rate action but this is not as much of a headwind as people think. The chart looks very similar to the end of 2019. The price action seems similar as well. The stock keeps bouncing off the fibs pretty decisively. I think you see a continued move up through...
With recent rumors that China will look to limit exports of rare earths, MP will be bought in anticipation of future sales increasing as there are so few rare earths miners in the US or even outside of China.
Bullish scenario is we consolidate through Q1 and the stock moves above 250. Bearish scenario is we breakdown under this consolidation area and we sit in a channel between 150 and 200 for the next 3 quarters (similar to what happened after the IPO) or at least until there's a catalyst.
The chart is finally showing some signs of life. Consolidation period may finally be nearing an end. Look for a break out through the 240-250 range after earnings and a move to 320 by year-end.
This move looks a lot like the previous shake out. The top was followed by a ~60% move down and should rebound here. The last large move was ~11 up and ~4 down or about 40% pullback...if we follow the same trend, the pullback on the current move of +33 should have a down about 13-14 which would be around the 30 support level the stock is currently sitting on.
- Reverse H&S pattern finishing out, following very similar price action to the break down 1-2 weeks ago - I expect the Gann Box to be filled to the 75% level on the down side as there is support around $188 - My entry is going to be between $188-195 as there is resistance at the $195 level. I will have my stop set at $184. On the reversal, there should be a quick...
The chart is starting to look good. Longer-duration cup and handle. Big gap in the Volume Profile to fill. If the 737 MAX gets approved before year-end, rates stay low, defense contracts continue to flow, and customers don't cancel as many orders as anticipated this stock should make it back to 300-400 by end of 2021.
The last time $SMAR broke out over a double top resistance, it jumped >20 points in 5-6 months. It just did it again and earnings are tomorrow. This is a stock that has benefitted from COVID because it make collaborative WFH easier. I think its going to beat earnings and guide higher and start a move up to the $70-80 range over the next 6 months.
Uber is continuing to make higher lows and consolidating towards the $30 level. The BBs are squeezing and with the founder and former CEO selling his stock (what was probably putting pressure on the stock recently) I expect the stock to break out and gain some momentum.