siddheshmuley1462

siddheshmuley1462

NASDAQ:OKTA had a great earnings report and is currently bull flagging on the daily... on the monthly chart we can see a bigger compression happening and the daily consolidation is happening at the top of the monthly resistance... it has also successfully tested and closed above the 9/21 EMAs on the daily a breakout can lead to a big move alerts are set on...

siddheshmuley1462

the inverse head and shoulder failed, NYSE:JNJ is now close to the bottom of this multi-year flag... it must hold or a bigger flush may occur, given the stability of the company, I am leaning towards a bounce and buying a few shares for the long term no options till price close above the 9/21 EMA on the daily (at least)

siddheshmuley1462

NYSE:DE had a great ER and exploded out of the multi year range, only to come back in... it bounced off of the 50 daily SMA and now forming a bull flag if industrials catch a bid, this can move, alerts are set on breakout also has a huge volume shelf support from the multi year consolidation

siddheshmuley1462 Updated 

Has had multiple bad news on trials I see it bouncing off the major TL and pointed out the potential scenarios I will buy LEAPs on it once a higher low is set.

siddheshmuley1462

NYSE:PSTG is bull flagging, has been in a range for the last 3 weeks Had great ER & guidance has been digesting the move ever since very constructive, could test ATHs in the next month or so alerts are set

siddheshmuley1462

NYSE:JNJ has been consolidating for over 2 years on this range now: * monthly bull flag * forming the right shoulder of an IHS on weekly chart (can even see it on the monthly) * healthcare sector oversold, so can see a bounce a bounce could push JNJ to test the upper trendline at 165-166. The IHS neckline is at ~170 and the measured move puts it at around...

siddheshmuley1462

One of the best in consumer staples right now, big lower wick and held the horizontal and ascending support...can go nuts. can buy shares and be stress free instead of options... better way would be to buy debit spreads for 1-2 years out to amplify returns

siddheshmuley1462

NYSE:MDT is breaking out of this multi year base. * The current weekly close is super strong (if it closes like this) * no MA resistance on the daily (above 50,100 & 200) * Above 50 & 100 MAs on Weekly * IHS breakout on the weekly chart, followed by a flag and retest of support zone I am currently in the 90C for Jan 2026 with first target at weekly 200SMA

siddheshmuley1462 Updated 

NEE double inside days, XLU as a sector is also bullish

siddheshmuley1462 Updated 

NYSE:UNH in this 450 - 550 range since 2021, ER tomorrow morning gapped up on the daily chart and now retesting the TL if ER is good, and it breaks 550, its gonna go to 600, IMO.... 3 years of compression

siddheshmuley1462 Updated 

Technically oversold...might bounce if a recovery rally ensues

siddheshmuley1462 Updated 

NYSE:CAH in a wedge and looks like it invalidated a head and shoulders pattern earnings coming up Aug 14, might be setting up for a breakout

siddheshmuley1462 Updated 

STLD big compression here also earnings out of the way big resistance around 135 over 135 is easyyyy

siddheshmuley1462

RIO in a symmetric triangle since 2022, compression in progress There is a long way to go; can play the range in the meantime COPPER is oversold; any rebound in it can help also

siddheshmuley1462

CAT bounced after retesting the trendline... can we see continuation???

siddheshmuley1462

NASDAQ:MRNA confluence of MSs horizontal support and diagonal support, with multiple bounces in history... tight R:R I'm going to look for an entry to go long here

siddheshmuley1462

WFC inside day inside week close to multi-year all-time highs looking good here for long with caution

siddheshmuley1462

AMEX:XLP is at a major location where it has had quite a few fake breakouts on weekly this time , however it has consolidated for quite a few weeks below that level...so might have power to hold... staple names also reporting and should benefit from the lower inflation numbers (margins will improve) defensive sector, can compliment the XLV also