Hello everyone! Today i want to share some technical analysis with you! 1 $Roundhill Memory ETF(DRAM)$ Right shoulder formed today but price remained above the neckline. Gaps are levels to be aware of on both scenarios (trigger or invalidation). 2 $Micron Technology(MU)$ Right shoulder became much more pronounced today but price remains above the neckline, so no trigger, yet. 3 $SanDisk Corp.(SNDK)$ That right shoulder became a lot more pronounced today. But, price is still above the neckline, so no trigger quite yet. Follow me to learn more about analysis!!
IGV, DRAM, TSLA, SNDK& MU Enjoy Great Upward Momentum!
Hello everyone! Today i want to share some technical analysis with you! 1 $Micron Technology(MU)$ There’s one way to look at this. Trigger and invalidation. These easily invalidate. But know that this setup is there. So many people getting angry that someone is even pointing out a simple setup is an interesting caution flag. 2 $SanDisk Corp.(SNDK)$ Strong day here. Monday likely makes or breaks this setup. 3 $Tesla Motors(TSLA)$$Direxion Daily TSLA Bull 2X Shares(TSLL)$ Some choppy right action recently but price is right at the volume shelf here which could
MSFT, ORCL, INTC& DELL Enjoy Great Upward Momentum!
Hello everyone! Today i want to share some technical analysis with you! 1 $Dell Technologies Inc.(DELL)$ Getting tight within this symmetrical triangle. 2 $Intel(INTC)$ Down to the March pivot VWAP zone. This has been a bounce spot over the last few months. If it fails to hold up above the bottom of this zone, that will be a big status quo change since the uptrend that started in late March. 3 $Oracle(ORCL)$ Interesting spot for a hammer candle to form. 4 $Microsoft(MSFT)$ This gapped into last quarter's wick. When a candle gaps up (or down) into the previou
TSLA, LULU, SNOW, AVGO& IONQ Welcome Great Upward Momentum!
Hello everyone! Today i want to share some technical analysis with you! 1 $IONQ Inc.(IONQ)$ Volume shelf/gap setup on the daily candle chart. 2 $Broadcom(AVGO)$ About as close to the apex of the falling wedge it can get. 3 $Snowflake(SNOW)$Nice continued bull flag breakout this week. 4 $Tesla Motors(TSLA)$ Held up at the trend zone this week. 5 $Lululemon Athletica(LULU)$ Held up where it needed to last month.
PLTR, AMZN, CRWV, NOW& BABA Welcome Great Upward Momentum!
Hello everyone! Today i want to share some technical analysis with you! 1 $Alibaba(BABA)$ So far up 8.12% from the lows when the RSI was the most oversold in history. The other 3 most oversold RSI's had short-term returns of: 16.61% in 8 trading days - August 2021 19.09% in 2 trading days - December 2021 69.37% in 6 trading days - March 2022 2 $ServiceNow(NOW)$ This closed above a crucial supply zone today. Low overhead supply until around $118.50. 3 $CoreWeave, Inc.(CRWV)$ Potential inverse head and shoulders trying to form on the weekly candle chart. 4 $Amazon.
WEN, ASST, MSFT, OPEN& NOW Welcome Great Upward Momentum!
Hello everyone! Today i want to share some technical analysis with you! 1 $ServiceNow(NOW)$ End of quarter today. This quarterly candle setup looks quite solid to me after 4 red quarterly closes in a row. 2 $Opendoor Technologies Inc(OPEN)$ Held up again this month at the November '21 pivot VWAP zone. 3 $Microsoft(MSFT)$ I wouldn't say this quarterly candle looks horrible. 4 $Strive(ASST)$ Huge volume gap above. 5 $Wendy's(WEN)$ May be ready for round 2.
SPY, TSLA, MSFT, RIVN& NOW Enjoy Great Potential to Buy!
Hello everyone! Today i want to share some technical analysis with you! 1 $ServiceNow(NOW)$ Still a pretty decent volume shelf setup on the monthly candle chart. 2 $Microsoft(MSFT)$ This November 2022 pivot VWAP zone has been a strong bounce spot over the last 3.5 years. This time? Tbd. 3 $Rivian Automotive, Inc.(RIVN)$ Volume shelf setup still remains on the monthly candle chart. 4 $Tesla Motors(TSLA)$ Continues to get very close to the apex of the ascending triangle on the monthly candle chart. 5 $SPDR S
Hello everyone! Today i want to share some technical analysis with you! 1 $Microsoft(MSFT)$ Just a reference of what has happened in the past here. Rubber bands that get too stretched, snap. 2 $Alibaba(BABA)$ Unbelievable move. 3 $AST SpaceMobile, Inc.(ASTS)$ Pretty wild price action lately, but the VWAP zone held on by a thread on Thursday at close. 4 $ServiceNow(NOW)$ The move down this month is almost identical (less than .1% difference) to the move seen in March. In March, price snapped back 28.63% from the lows to the high in 7 days. If a similar move ha