HassiOnTheMoon

HassiOnTheMoon

In this bearish divergence signal - it shows the price making an equal high while the oscillator makes a lower high. This signals less buy side pressure. Simultaneously were hitting a long term resistance at this point. Price may want to come down and retest bottom of the rising wedge we find ourselves in. From that point, another analysis is needed.

HassiOnTheMoon

PLTR is on a tear officially breaking out of rising wedge (with a retest!) Get ready for new all time highs palantarians. Comment below with your cost average and why you think we can go past 45?

HassiOnTheMoon

40 dollars is so close and also I think that's where we're heading in the short term. I do however think that the market has been pricing in rate cuts for September. They're satisfied and could possibly begin to take their profits. Time will tell. This is short term correctional sentiment but the market is still very strong and I think we have another year+ in...

HassiOnTheMoon

$515 -520 is not out of the question. At this stage we'll have made just about 10% correction. Technically, it's possible to continue but I think this market overall is strong, and we may likely continue with the overall trend upward. I'd consider compiling your favorite companies and preparing buy orders. Best of luck!

HassiOnTheMoon

Short term turbulence for the month of September. Today was the worst first week of September in a long time. Sign of sentiment to come, in the short term, perhaps? Happy Friday

HassiOnTheMoon

If there was ever a time to get your positions in before a serious rally, go ahead and prepare yourselves. Based on current projections, it looks as though we have the ability to enter into a final impulse wave. If Tesla executes on a fundamental basis, I do believe there's no stopping it. We are in the final move of our corrective phase, and coiling. Don't try...

HassiOnTheMoon

Disney will be the last to stop this terrible ideology, and therefore the breakdown will be prolonged. Nevertheless, $45 here we come .

HassiOnTheMoon

I've been patiently waiting to buy HOOD, but never felt comfortable with the price point. I think I'll finally get my opportunity!... We are potentially half-way through a corrective wave that typically follows an impulse move upward. September, historically, has been known to be a down month. I've charted what looks to be a textbook example of some Elliot...

HassiOnTheMoon

Long way out before this one looks like a buy. $14 would be a good place to buy strictly on the technical basis. This would allow a nice position for reversal - Both taking advantage of the high dividend as well as a strong value position.

HassiOnTheMoon

This is coming strictly from an investor, not a trader. The way I see this chart... it's making me feel the same way I feel when I wake up to relieve myself in the morning get the chills. No major risk for me as I'm a long term holder, but I'm buying as much as fiscally-responsibly possible in this range. Come earnings, I believe the market will be all over...

HassiOnTheMoon

Technical's not looking ok. If earning's come in underwhelming, NVDA price will be forming a H&S pattern. It's possible to push higher of course as long as earning are phenomenal (a difficult task at market highs). What do you all think?

HassiOnTheMoon

People are betting Sofi goes positive after FED drops rates. First off, the technicals show the stock doesn't look ready to fly yet. 1) They MAY not start in September. Everyone sells if that's the case. 2) IF they begin in September. The pace in which the FED drops rates is typically slow. .25bps to start is not going to be enough to make any significant...

HassiOnTheMoon

Disney moves closer to its 50 year support. Touched on THREE times. Last time being Oct. of 2023. Recently, money has been moving into small cap stocks due to the expectation of the FED cutting rates in September. Since July of 2015, Almost 10 years, Disney is down ~26%. Even worse performance in the past 5 years, ~40%. Aside from current macro conditions, which...

HassiOnTheMoon

Not only are they losing money they took out a bunch of high interest debt. They're going to start hemorrhaging. However long it takes, they're going to the single digits in stock price.

HassiOnTheMoon

I think we'll get a sell the news event. Past events show us that a down trend, or consolidation prior to earnings meant a trend reversal/big move higher after earnings. But a run up before earnings typically meant consolidation or a big move down afterwards. From a technical stand point there seems to be some weakness forming. Currently on a rising wedge...

HassiOnTheMoon

Aside from a number of negative technical indicators, unless there are major fundamental changes in Disney, customers will continue to become fed-up and frustrated with Disney's stance on how it produces content. While Disney's moat is no doubt large, this only means the breakdown in confidence will only be slower moving, yet assuredly it is weakening. Should...

HassiOnTheMoon

With a new weekly green candle above trend line, there's no more speculation from a technical standpoint. Don't be a Negative Nancy Much love 💕

HassiOnTheMoon

I know there's a lot of investors out there that are hard for Sofi. I can appreciate that passion. Which is why I don't share this excitingly. I can't see any reason from a fundamental story stand point why this stock will be performing well this second half of the year, as it continues to break down. Banks don't demand a higher multiple. Unless there's serious...