$RBLX reported earnings today and announced that they have increased their daily users by 20% and the market has really enjoyed this news.
Currently up 20% on this news too.
There is no...
2023-11-08 15:14:29 +0000 UTC
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Watching $SPY forming a small wedge on the 1hr chart and leaving a number of gaps behind now.
There can be an isolated one below $412 but I do not see how the market can ignore the large one ...
2023-11-08 15:04:36 +0000 UTC
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$AMD just keeps pushing higher and in a controlled manner too, no excessive bounces in a single day, so there are no gaps behind, impressive strength.
I think we are seeing this push higher s...
2023-11-08 14:49:19 +0000 UTC
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$ENVX also reported their earnings yesterday after the close and beat Revenue and Earnings estimates by 25% each.
It is now up 15% in the PM on this beat.
No changes to the chart here, ...
2023-11-08 11:30:18 +0000 UTC
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Up +20% in the PM now a after reporting its earnings yesterday after the close.
EPS was a surprise beat by 102% and they beat on their revenue estimates by 5% too.
No changes to our cha...
2023-11-08 11:26:31 +0000 UTC
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Interesting day yesterday for $NIO, pulled back to the 0.618 Fib we spoke about before the market opened and so far has found support here, which is also where the 50 Day MA is and the wedge trend ...
2023-11-08 11:23:10 +0000 UTC
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$BMBL reports after the close today too.....CEO and founder, a former Tinder Exec, has stepped down this week too in shock move...is this the catalyst it needs to turn this around?
Well it n...
2023-11-07 20:17:52 +0000 UTC
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No update needed here for now.
We had Wave C coming down to the 0.618 Fib and it battled hard to keep the level and reclaim it....even after an earnings report miss.
I haven't see the d...
2023-11-07 20:09:31 +0000 UTC
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$ZM found support on its All Time Low line and has bounced since.
There is still a lot of work to do here but at least for now the bleeding has stopped.
The Buy Zone limit is up until $...
2023-11-07 19:53:28 +0000 UTC
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Earnings after the close today, so in an hour and a half we will know if $OXY can finally break out of this wedge that it has been in since August '22.
I am bullish on $OXY and I see it as a ...
2023-11-07 19:39:25 +0000 UTC
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Every time the price action has jumped in 3 waves up, it is met by a lower low.
Happened on the 23rd of October
31st of October, and
We got a 3 wave bounce from Friday the 3rd of ...
2023-11-07 16:36:16 +0000 UTC
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The 1 Fib at $36.86 has been a resistance level in October from the 10th to the 17th and the price was not able to get above this level, it was then met with a very harsh decline.
I think the...
2023-11-07 16:24:21 +0000 UTC
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Zuckerberg has resumed selling stock again, $8.6 million shares....this is not a lot for Zuck but the last time he started selling, he was relentlessly selling for weeks at a time and the share pri...
2023-11-07 16:18:31 +0000 UTC
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$SQ continues to push higher as the 10 Year Yield shows weakness again today.
There is a clear and full correlation with the Yields and Banking sector stocks.
We know that a pull back i...
2023-11-07 16:04:32 +0000 UTC
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Ding Ding we have a breakout here, this bullish flag has been in place since April this year and has moved comfortably throughout this channel.
In my last upload, I said this was looking good...
2023-11-07 13:00:13 +0000 UTC
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Tough day yesterday for $SOFI and I added my honest opinion about $SOFI before the market opened yesterday so I don't think I should labour on this too much today.
The price rejected at the 5...
2023-11-07 12:54:34 +0000 UTC
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How tight is this?
$FSR's pull back yesterday hit the last Fib level support at the 0.887 Fib at $4.29 exactly.
Its earnings report is out tomorrow BEFORE the market opens so today cou...
2023-11-07 12:49:33 +0000 UTC
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$RIVN is also due to report after the close today too.
Wave C has come all the way down to the 0.78 Fib and has bounced and has been met with resistance at the 200 Day MA on the daily chart a...
2023-11-07 12:43:46 +0000 UTC
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$CELH has just reported their earnings and they have beat strongly.
PM is up -7% right now because of this.
No changes to the chart, and just like $UBER, it is moving higher now as expe...
2023-11-07 12:30:34 +0000 UTC
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Another chart that has been perfect for us.
Subwave 4 of Wave 4 completed at the 200 Day MA and bounced aggressively with the market.
They announced their earnings report yesterday and ...
2023-11-07 12:25:35 +0000 UTC
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Due to report tomorrow after the close.
$MGM is in one of those positions that it could benefit greatly from a positive report tomorrow and move higher.
Wave 2 held in between the 0.5 a...
2023-11-07 12:20:39 +0000 UTC
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Did $JBLU just bottom?
The 2011 low was $3.42 and the the $JBLU hit a low of $3.42 on the 30th of October and has bounced very well since, reaching $4.47 yesterday in 1 one week.
$JBLU...
2023-11-07 12:13:45 +0000 UTC
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Two things I said yesterday, I want to see a retest of the wedge breakout again or I would like to see the price test the 50 Day MA at $9.
We didn't get the latter, so we are happy to see a p...
2023-11-07 12:06:19 +0000 UTC
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The slightest bit of resistance has been met so far at the yellow trend line today but has still managed to stay green for the day.
$AAPL has managed to break above its trendline today but st...
2023-11-06 20:58:09 +0000 UTC
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$DNA is not exempt from needing a pull back either.
The price jumped from $1.29 to $1.70, and we can see on the daily chart that it was the 200 Day MA that stopped its momentum from going any...
2023-11-06 20:25:04 +0000 UTC
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Dollar General, a recession friendly stock to own, has held support on the yellow trend line that has been in place since 2009....after the great financial crash.
It was also the 0.78 Fib at ...
2023-11-06 20:14:55 +0000 UTC
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$ADA is up another 10% in 4 days since I last uploaded this.
I have been adding very small amount to my position since Friday as this looks bullish since breaking above the 200 Day MA at $0.3...
2023-11-06 20:09:44 +0000 UTC
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As the market rallied last week, the $VIX aggressively declined, and we can see that the price is staying just under the middle trend line today. I believe if $AAPL and some Mega Caps were not as s...
2023-11-06 20:01:24 +0000 UTC
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I will be adding more $SHOP charts regularly and if I see the engagement growing then I will consider adding $SHOP to our Top 20 holding.
$SHOP jumped over 30% last week after a strong earnin...
2023-11-06 19:57:53 +0000 UTC
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$WYNN is also due to report on Thursday after the close and I am still impressed with this chart.
Price has managed to stay stuck to above the wedge trend line all year and has drifted down t...
2023-11-06 12:41:47 +0000 UTC
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