ClearValue Team Insights
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SPY Continues to Trade Around the White Trendline
SPY has been trading around the white trendline near $544-545 price levels. There is support at the red trendline and resistance at the yellow trendline. I believe SPY will continue to form new all time highs in July and August. For now the price action is neutral as we receive some important economics data throughout […]Read More
RIVN God Candle to the Orange Zone
Yesterday Volkswagen and Rivian announced a very bullish partnership that led to a 40%+ pump during post-market hours. RIVN is currently trading near an orange resistance zone between $15.23 and $15.96. I have $19.50 and $24.80 as the next key sell targets. Some of you keep asking me what I’m doing with my RIVN position. […]Read More
CRBU Swing Trade with 80%+ ROI Potential by August
Some of you got burned in CRBU after support was lost at the white trendline. The seasonality is very bullish in July and August with 59% average gains in July and 24% average gains in August. That could lead to an 80%+ rally over the next two months. I think CRBU has support at the […]Read More