DontSlamTheDoor

DontSlamTheDoor Updated 

NASDAQ:APP has an outstanding chart in my opinion. I've been following this stock for years now and waiting for the right time to get in. Although it's already rallied 70% YTD, the momentum this particular stock has combined with it's increasingly impressive earnings reports make it a strong buy. They have been steadily increasing cash flow on top of...

DontSlamTheDoor

NASDAQ:TSLA has a gap from $210 that needs to be closed. This is a speculative trade as $180 has acted as a historic support as well as resistance. Also, stochastics say it's oversold although I think it's got more room to fall in the coming year. There are many innovative companies taking the spotlight and NASDAQ:TSLA seems to have suffered by...

DontSlamTheDoor

AMEX:XBI is giving long term buy signals as the chart displays. Super trend signals a buy, also MACD and KST crossovers confirm trend direction. XBI is a somewhat volatile bio-tech ETF. This ETF is also great for selling options on when volatility is high, as the premium you receive is often much higher than employing the strategy on SPY. Here...

DontSlamTheDoor Updated 

There is a multi year resistance around $205 for NYSE:SNOW Signs I'm looking for: Top of channel to become support, a bounce off there and a move into $220 should confirm that. I want to see the SuperTrend indicator stay green, upwards of the level of where the red downtrend line exists. SuperTrends on higher time frame charts work the best. It's often...

DontSlamTheDoor Updated 

I think it's worth taking some risk here as the chart looks set up for a leg higher. Using the fib tools I'm targeting $482 - $486 / 1.618 It's already made a 50% retracement nearly to the dollar and tried to for an all time high. I believe SPY price will break that level and make another ATH. Volume is increasing although there is a lot of trading activity...

DontSlamTheDoor Updated 

AMEX:SPY I'm doing a quick analysis of basic price action from the start of 2024 thru the end of January. AMEX:SPY $475 is a possible support High and Lows for this year are identified, a break of either of those could generate a more significant move in the same direction. We could see a lot of chop between AMEX:SPY $478 and $472, but if $472...

DontSlamTheDoor

If you look at the chart, or take any chart of gold with a weekly time frame and invert it, you'll see what looks like a poor support that probably won't hold. That's also the resistance that looks ready to break and make a leg higher. It already broke resistance actually, but I want to see more confirmation and then I'll be looking to ride this up to $2,018,...

DontSlamTheDoor Updated 

TGT has reached a resistance point, and revenue/EPS growth has gone negative this year. It's got a little debt but not being a growth company like many have speculated it is, is my fundamental catalyst for shorting this. From a technical standpoint it also looks like a good risk/reward to be short this stock. There is a large gap from earnings that needs...

DontSlamTheDoor Updated 

Just passing along a news headline I read last week. It said that the auto industry has finally caught up with the demand from auto-related semi chips. Remember when GM couldn't release anymore SUV's until it found chips for the AC units? ON Semi could've well been the supplier. But now that demand has softened, and supply is more plentiful, what does it mean...

DontSlamTheDoor

NYSE:ORCL pays a dividend and stands to benefit greatly from AI and future computing demands. I like $145 - $160 for the next leg up. It sold off pretty hard after their last earnings announcement but that only opens up an opportunity for us! Happy Trading

DontSlamTheDoor

For IBM I like think it'll definitely hit resistance but the good news is that it's above the current price point, and it'll probably hit $175 before it makes any meaningful pullback. That's all!

DontSlamTheDoor Updated 

Datadog is a stock I've been monitoring for quite some time. DDOG broke the resistance from it's last high at just over $100. Before that in August 2023 there was a big gap down, the gap started at $105 and it's on it's way to closing it. I think a break of that gap, above $105, is a good entry point if you're looking to hold this stock for the long term. I...

DontSlamTheDoor

NASDAQ:LRCX appears to be in an ascending triangle of some kind, using the last dip as trend support, I suspect NASDAQ:LRCX will make new highs with the rest of the market. I will target $820 then I honestly think it'll get up to $950 or higher. There is a big cup and handle with a breakout taking place now too. The orange circle is where the handle...

DontSlamTheDoor

NYSE:SNOW has been suppressed compared to the rest of the AI stocks like CRWD, ZS, NVDA. I think NYSE:SNOW will become a $400 stock most likely this year because there will be a FOMO rush on these companies once the SPX breaks this new ATH and makes a significant move up. If you time it right you could ride this thing to $400 but make sure it...

DontSlamTheDoor

NYSE:PATH maybe test support around $20.30 before it continues it's NYSE:PATH lol. I'm bullish long term on this stock and it's price should for the most part correlate to the rest of the technology sector, which is up quite a bit this past year. This company is held in many Ark ETF's, a Cathie Woods favorite, for what it's worth. NYSE:PATH NASDAQ:ZBRA

DontSlamTheDoor Updated 

I've been watching this stock for a couple years now. I think it's a really exciting company, and I'm always looking for robotics/automation technology companies that aren't priced through the roof. I'm not saying Path is priced to buy right now, I'm just highlighting where the price actions usually begins to subside. Notice the auto trendlines. The blue circle is...

DontSlamTheDoor Updated 

I think TEAM is trading in this channel and will hit either $215 or $240 in the near future. Otherwise it may just fall back to $170 area where there has been buyers

DontSlamTheDoor Updated 

Congrats if you were short Tesla before today! Not to kill the vibe or anything, but I see a gap that may want to close before Tesla falls further. I think the downgrade issued today was justified. I like $180 - $160. If the gap doesn't close then we could see these prices in the very near term. These moves in Tesla always happen fast, if you weren't already...