ClearValue Team Insights
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GME Trading at $22.75 Resistance
GME’s hype has been quiet lately as RoaringKitty has stopped posting about the stock. There have been numerous pump and dumps caused by RoaringKitty announcements. These pumps have led to breakouts above a multiyear bull pennant. GME was attempting to flip the upper range of the bull pennant from resistance into support. However, over time […]Read More
BABA Forms a Bullish Breakout
BABA is attempting a bullish breakout above the red resistance line around $81.70. There is some nice buy volume to follow up here as well. I would like to see BABA go on a run here, and I have $104.82 to $117.58 as a key resistance zone ahead. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreS&P and NASDAQ Rally Back to All Time Highs
The stock market has experienced a strong rebound since the flash crash that occurred 2 weeks ago. The S&P and NASDAQ are now trading near all time highs again. SPY has resistance around $559 and QQQ has resistance around $495. One of the important events to monitor is NVDA’s upcoming August 28 earnings announcement. I […]Read More