NoFOMO_

NoFOMO_

This took time to play out, an old idea I had to buy Unity at the lows, classic Wycoff accumulation pattern. And now we have bullish confirmation, price has gone up around 38% off the lows. Refer to my old chart. Do your own research, not financial advice

NoFOMO_

I still think we are far from done, relief rally should complete Wave 4 and then a final Wave 5 will drop this one more time. That could be invalidated if we get a very strong move up above $100 but that remains to be seen. Dyor, not financial advice.

NoFOMO_

This has got to be one of the most bullish setups out there. We are essentially in a larger time frame bull flag. Price remains in a short term downtrend, putting in lower lows and lower highs. However if we breakout of this flag with volume I fully expect the start of a new 5 Wave Impulsive move to the upside, essentially the start of a new super cycle with the...

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For the full depth analysis please refer to my previous analysis. I was waiting for an overshot on the B Wave, now it’s clear to me we are in an ABC corrective pattern to the downside, an expanded flat to be precise. I fully expect us to close an old gap between $35-36 and then start to head down. Do your own research, hate, like or simply just enjoy my...

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It looks like we might have put in a bottom and about to start a move to the upside here. It’s likely to be short lived but the fact that we have reclaimed the POC (red line) suggests a counter trend rally. Also the fundamentals with increased revenues suggest an attractive risk to reward for a long trade. Do your own research, not financial advice.

NoFOMO_

It’s make or break for Coinbase. $146 remains very important support. If we lose it then i expect we drop quickly to $126. Lose that, then we are in a whole world of pain. I have a bearish bias on Coinbase right now. We are breaking out of an ascending wedge pattern and support was lost at the 0.75 Fibonacci Speed Fan. This was confirmed on Friday’s close. It...

NoFOMO_

It looks like we are maintaining some level of support here at $37. Also some divergences on the RSI. Could be worth a trade here if we can hold the support. I think we are at the final stage of the 5th wave down, it could well go deeper so you’d want to keep a stop loss/exit the trade if it drops below $35. That’ll indicate indicate one final puke towards...

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FUNDEMENTALS Volkwagen - the people's car, once upon a time this was the world's most valuable automobile company. So what happened to this car manufacturing giant? Unfortunately, they had installed software to cheat emissions test, causing a 40% drop in the stock price. That was back in 2015 and once again we are approaching are the same price level once...

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FUNDAMENTAL REASONS: 1. Palantir's high P/E and P/S ratios suggest the stock is overvalued, making it vulnerable if growth doesn't meet expectations. 2. Revenue growth is decelerating, which could lead to a revaluation of the stock price as the company matures. 3. Palantir has struggled with consistent profitability and has thin margins, raising concerns about...

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FUNDEMENTAL ANALYSIS TSEM, a foundry business based in Israel. A potential small cap gem which may experience exponential growth over the next few years, largely due to the demand in semiconductor solutions as part of the AI super-cycle. All eyes have been on Nvidia, which continues to receive strong demand for their GPUS, with Blackwell release on the horizon....

NoFOMO_ Updated 

When will Snowflake stop melting away? Unfortunately I don't think anytime soon. But that does't mean you can't trade this to the upside. We are back to the Value area low of the entire range of this chart. Sitting at all time lows, this could get a lot worse. But there is a chance we get some sort of dead-cat bounce back towards the Point of Control (around the...

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We appear to be in an Expanding Diagonal pattern. I believe Okta still has some room to go and we should get a final wave to the upside. Currently we are in correction territory and so there may be an opportunity to go long here. The ideal entry will be around the golden fib retracement and within the Expanding Diagonal support confluence. I am merely bringing...

NoFOMO_ Updated 

No need for a long explanation on why this is trading downwads, the largest IT outage in history sent the best performing Cyber Security company down back to earth. Does that make it a bad investment? Only time will tell, but it remains the best in breed company and in my opinion it's worth taking the risk. I entered my trade in the golden fib pocket and I shall...

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ARM is way overvalued and the technicals don't look great. Not the cleanest head and shoulders pattern but I see one is forming and it should be confirmed, UNLESS we bounce at the golden pocket. I don't like the bearish diverences on the RSI, so I suspect we will continue to see this fall. Not a whole lot more to say here, be careful with this stock. It's a...

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Interest rates are coming down, the rate cutting cycle has started in the EU and the UK. Time to look at the best defensive stocks out there. Reckitt Benckiser is close to the top of my list for the following reasons: 1. High divident yield - 4.51%. This will soon be higher than having money parked in a savings account. 2. Low market volatility and recently...

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We ended the fifth impulsive wave a lot higher and the ongoing collapse is nowhere near ending. The bull market is well and truly over for SMCI. Trade the charts, not the news. I did bring this to your attention 3 weeks before the news of potential accounting fraud became apparent. I did warn bag holders not to buy the dip - look my related post. Instead I got...

NoFOMO_ Updated 

Rising wedge was always going to break down. This company has high exposure to the Chinese consumer, which continues to struggle with no end in sight. That is reflected in the stock price of companies like Alibaba which trade at very low valuations. But unlike Alibaba, PDD is a hyper growth stock and has taken a lot of their market share. Looking at the...

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Bill Ackman has been loading the boat on Nike. I did advice you guys to also start loading, whilst all the analysts became bearish and the media outlets spout their usual nonsense. This is the second American super brand, after Starbucks, subject to an activist investor seeing value and exerting pressure on the senior management. If you refer to my earlier...