AMEX:KWEB Kweb is on the verge of breaking out! Targets: $29 $31 $36 Risk: $22
TVC:HSI It has been teasing a breakout. The only problem is 17000 resistance. NYSE:BABA
If history is to repeat itself, it might be time for MARA to make a move!
NYSE:PINS Still too early to know for sure but, Pinterest could be forming an inverse head and shoulder pattern. Targets: $37 $40 Risk: $33 I have a starter position.
NASDAQ:DNUT is trading inside a triangle with a measured move of $20. If the pattern fails, there is a risk that it could fall to $11.80.
CRYPTOCAP:BTC Still sitting on fib+trendline support. The trendline is still intact. It is now a symmetrical triangle pattern with the breakout target of $80K.
AMEX:IWM is breaking out. It is heading towards $230! Stocks in the Russell 2000, like NASDAQ:RKLB and NASDAQ:SOFI , have yet to see IWM gains. But soon, they will get their time in the spotlight.
NYSE:NKE Nike looks attractive to me as it has revisited the lower trendline. There is a risk that it could fall to $87. However, considering the risk/reward ratio, the odds favor an upward movement from here. Upside targets: $97 $104 $110 $116 Risk: $87
CRYPTOCAP:BTC #Bitcoin is forming a cup and handle ☕️. It is getting close to making a breakout to $80K.
NASDAQ:AAPL A double top pattern seems to be playing out, and it's getting close to breaking down. I'm still expecting the price to reach the $157 to $145 area.👀
NASDAQ:MARA Hourly chart cup and handle base breakout with a neckline retest. I could see it launch to $26 near term.🚀 Don't marry this stock just trade the pop.
NASDAQ:RDFN Things are turning up. It is attempting to break out of the descending wedge, with oscillators turning upward. 🚀
NASDAQ:PANW With the potential head and shoulder formation, I don't think I like the chart setup to go long at current level. A full measured move for the H&S breakdown is $185 area with $256 and $227 areas being a potential reversal area. Remember, the H&S only validate only if it breaks below the neckline. 👀ing for now.
NYSE:MDT broke out from the channel and is consolidating in a flag. It looks primed for the next leg up. 🚀 Price targets: $92 $96 $100 $104 Downside risk: $76
NYSE:SNOW Snowflake is checking back to the multi-year trendline from which it has bounced previously. This could potentially be an attractive entry point. If it fails to bounce from the trendline area, a drop to the $140 area is possible. Upside Targets: $171 $184 $195 Risk: $140
NYSE:BABA Painful? ✅ Getting impatient? ✅ Getting worried? ✅ But what if?
NYSE:CCL Looks good. Cup and Handle ☕️ + Triangle ◸ 💥=> 🚀💰 Targets: $20 $23 $27 $30 Risk: $14.50
NASDAQ:SOFI Sofi is facing resistance from the POC (Point of Control), but several technical indicators suggest a potential bullish trend. The MACD is about to do a bullish cross, indicating a possible upward momentum. Additionally, the RSI, Momentum, and Accumulation/Distribution indicators are turning upward. If Sofi achieves a weekly close above $8, it could...