Bear flag showing here on spy and a few other indexes/ sector. This bear flag would be consider a handle for a inverted cup and handle. Smaller time frame looks like this spy And heres NQ We are headed back to bear flag support around 500.. from there we could either finish one more bounce higher 511-514 before finishing the leg down to 480 The bear...
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The rise and fall of GameStop's stock in 2021 became a landmark event in financial history, captured in the recent film "Dumb Money." This saga, fueled by unprecedented social media buzz and retail investor sentiment, culminated in a historic short squeeze and raised critical questions about market access and regulatory oversight. The Spark: A Sentiment-Driven...
New Thread we have a really big week with Jerome Powell Rate decision this week Wednesday! This is going to move the markets and determine our future outcome for sure Tuesday April 30th levels for SPY Bulls 515 and chances are this becomes your territory to go long possible outcome Bull Market Resumed Bears its a short anything under 511 Bears once 500 is...
The recent price action on the SPY pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️
GME SAVE THE TAPE! Back in June 2021, I warned people to GTFO out $GME when it was trading at $212 Today it trading at $20 and about to waterfall again. Despite my several follow-up warnings over the last year and a half people continue to fight me on this. SMH!
Updating my analysis with some additions of some key levels to watch for as price makes it's way higher. I do think NASDAQ:NVDA is going to become more volatile over the coming few weeks as it works it's way to the top resistance levels. Even though price seems to be forming a H&S top, I'm not sure that we break down here. I think the most likely scenario is...
Guyana's tax agency is taking Exxon Mobil Corp. ( NYSE:XOM ) to court after one of the company's suppliers claimed it mistakenly inflated the value of oil-well equipment by 200 times to about $12 billion. The Guyana Revenue Authority issued a summons to the oil giant, with a hearing scheduled for May 10. Exxon and Trinidad-based Trinidad-based company Ramps...
Hi Traders! On the daily time frame NASDAQ:AAPL has completed an important bullish structure and it is currently working on a corrective structure on the intraday chart. That said, in our view, Apple will trigger a bullish corrective structure in the near term, with ABC Pattern or a harmonic structure. With this in mind, our view is bullish with “Buy The Dip”...
The US Securities and Exchange Commission (SEC) has charged former president Donald Trump's auditor, Benjamin Borgers, with a "massive fraud" and a "sham audit mill." The SEC alleges that Borgers did not properly prepare and maintain audit documentation, fabricated audit planning meetings, and passed off previous audits for the current audit period. The SEC claims...
Apple, the tech giant synonymous with innovation, has faced a slump in iPhone sales. A recent report showed a 10.5% year-over-year decline, raising concerns among investors and analysts. However, a glimmer of hope emerges with Apple's growing focus on Artificial Intelligence (AI). Analysts are increasingly optimistic that these "nascent" AI offerings could be the...
Not sure what is going on with this stock but, putting aside the possibility of it going to zero, the chart strongly suggests a target of $5.89 or just below. Expect a bounce from here to about $18.32 (entry at $11) but this may not happen if the sentiment is very bearish - could just straight line to the target (or to zero...). Satisfying how it hit the 1.414...
It's no secret the elite are manufacturing pandemics to herd, destroy and remake society into a neofeudal system controlled by social credit scores. The next pandemic will be H1N1 which has already been shared within the news that milk in the markets has trace amounts of (no worry they say!). After the establishment rolls out bird-flu for everyone's summer bingo...
AMEX:SPY has broken above the April trendline as it sits below monthly support/resistance levels. Note : there is a new gap to fill below from fridays significant gap up at open. Question : Can someone tell me if that is a bullish doji star?
Paramount Global ( NASDAQ:PARA ) will end its exclusive talks with Skydance Media without reaching a deal, according to the New York Times. A special committee of Paramount's board evaluated the company's options, but some shareholders were critical of the deal. Sony Pictures Entertainment and Apollo Global Management have expressed interest in acquiring...
Starbucks' quarterly log chart showing signs of an important topping structure morphing into existence with momentum breaking down. Not a good combo. #starbucks NASDAQ:SBUX #retail
My dear friends, Please, find my technical outlook for QQQ below: The instrument tests an important psychological level 435.48 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 429.45 About Used Indicators: Super-trend indicator is...
Coinbase Global ( NASDAQ:COIN ) and CEO Brian Armstrong are facing a class action lawsuit from complainants claiming that the company misled them into buying securities. The lawsuit argues that digital assets listed on Coinbase are securities, and they also allege that Coinbase Earn accounts violated securities laws by advertising and promoting for higher yields....