AMEX:SPY getting spicy here, looks like a triple top for now headed into a lot of world news, ie Iran/Israel/Biden ... I think we've been overdue for a correction, this is a VERY solid base to start a downtrend and fill some gaps before heading back up for Trump Presidency... Buy the rumor stuff... No positions, will look for continuation tomorrow... - Prof
Perfect is RARE. But thats EXACTLY what the technicals are showing on this beast. Flows are Bullish right now, Fed can't surprise (no balls lol) aka is trapped due to politics, AI is a military priority, this is sector leader (as Livermore would advise trade only leaders) , other Co's need too. Almost a perfect monopoly scenario. Also earnings run up has to be...
Earnings questions? You've checked the right Idea. "When in doubt, zoom out." Color Coated a lot of these crayon lines for you bois. LOG SCALE Arrows on last earnings and upcoming earnings... I've only seen more and more AI growth/hype... Shorting this is like shorting EV's in 2020 #NotTheTime... "NVDA 1150 by May" ;) - Prof Everything is "lining" up here...
1024 Target for Lotto Contracts. 10x 1000C @ $0.60 per Been a Lucky Week. (I don't believe in luck) - Prof GL HF Not Financial Advice ;)
After multiple retests of 61.8 fib, I think JPOW just gave clearance past 1k. I implore you to look at what AVGO did when it broke 1,000 critical level as well as look back at TSLA in 2020 pre/post stonk split. NVDA is now a STONK, and those only go up. AMEX:SPY trend line was regained today, classic shake out before next leg up, thought we'd get a better dip...
Since I've been feeling the love from follows and comments, I've decided to post what's probably my most "Warren Buffett" style stock to own for years to come... Yep, Carvana Imagine a world where all those local dealerships named after local families are disappeared by an online corporation called Carvana that can beat them in everyway due to technological...
Thank you to all the new followers out there. For your dedication, here is a very nice simple setup imo. The W / Double bottom is clear, and its on a nice Fibonacci level here as well... Target; $240 by end of Summer. I expect Apple to integrate more and more AI with every update / new product , and it's not that bold of a call. NEXT CHART @ 300 Followers ;)...
Crazy to say it, crazier to see it. But a simple look at chart has me thinking 100k by end of "white boy summer". How to play it? 1) Easy way - Buy and Hold the Coin on a wallet 2) Hard way - face of with the Algos in the options battlefields of; MSTR, MARA, BITO, COIN, etc 3) Prof way - mix of both (risk management) GLHF
Part one was an absolute Masterpiece and this reaction so far is proving the wizards thesis of load up right. Boeing took out any major whistle blowers ;p , the rest have nothing serious based off the fact they're still alive (jokes). But the "high" hand has been drawn for any followers of Proffesseas. Technicals showing bounce (mini cup n handle?) I think...
This is my next "warren buffett" long play. Last play was NYSE:CVNA at around $70-80, now $120. Check my posts... The arguement for TSLA is; 1) Cult following (Apple, GameStop, etc) 2) First Mover Advantage 3) Cutting Costs via Automation/Layoffs 4) Elon (Jobs, Bezos, Gates, all CIA Assets via In-Q-Tel) 5) Supports Israel (CIA ;) ) 6) Financing ( 0%...
This is the real deal. So nice they're running it up twice... impossiblebull chart is 2 months old and his "equilibrium" is my current target around $50. Shares>Calls for myself as I'm late imo. But room to run is there, and hype is back. VIX is up in other news...
Could be brutal if this breaks down. JPOW held the market, but not for long, hmmm. Rip or dip ASAP.
This can flush to mid 20s... - Prof music.youtube.com
Rising Wedge's are one of my favorite setups. I think with the recent volatility, halving news, there might be a good short play on CRYPTOCAP:BTC / related stocks... Sell the news?...
Similar to my NASDAQ:TSLA post , Just "Line Lessons 101" , This breakdown to me is significant. I think from 2020 to 2024 consumers have "had" to learn to make coffee at home to save $$$... SBUX might be "Barnes and Nobles 2.0" Wouldn't buy for a LOOOOONG TIME...
This is my prediction. Bounce here should've been expected as GAP UP is support... If we dont make it past the right shoulder, HEAVY PUTS... This feel's like a dead cat bounce and will create a well know top pattern. Paytience - Prof Plan is to juice on puts, when panic hits, buy the BAT.
Sometimes these support bounces make me wonder "Are we in a simulation". Look at that "coincidence" haha. Feels even weirder with Dustin saying Elon is cooking the books Enron style. Be cautious, too good to be true? No Positions, Just "Line Lessons 101"
Same as last NASDAQ:NVDA post. Megaphone resistance breaking or holding right now might be a bulltrap or a breakout. AMEX:SPY bounce is ridiculous btw haha. I want lower prices. Fast, otherwise tomorrow looks like squeezed shorts on the menu...