ClearValue Team Insights
Stay ahead of the curve by accessing the most recent insights from our expert team. Dive into comprehensive analyses and timely updates covering a spectrum of investment-related news and events.
NVAX Approaching $14.38 Resistance
In my last NVAX update I said that NVAX is presenting a great buy opportunity around $10.90. NVAX has experienced a very strong rally since that update, but is now approaching resistance at this red trendline. I have resistance around $14.38 and I think NVAX is likely to selloff here. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreSBUX Trying to Flip Resistance Into Support
SBUX has experienced a huge spike after hiring a new CEO. I shared my thoughts about Brian Niccol on the day of the announcement, I think he will have a huge impact on Starbucks. Currently SBUX has been trading within a resistance zone between $90.40 and $96.60. I think SBUX is trying to flip this […]Read More
Supermicro’s Stock Split: Is Now the Time To Invest?
Super Micro Computer (SMCI) has been one of the most impressive stocks on the Nasdaq this year, outperforming even some of the most well-known names in the technology sector. This company, which has seen a tremendous rise in its stock price over the past few years, is now offering an interesting opportunity for investors: an […]Read More
NVDA Starting to Rebound
NVDA attempted to form a bullish rebound yesterday, but the price ended up wicking back down with little gains throughout the day. However, NVDA continues to form a bullish rebound today, and is showing some strength again. There is a very strong correlation between NVDA with the NASDAQ and S&P. I think NVDA’s rebound is […]Read More
SQQQ Facing Resistance Around $9
SQQQ closed red yesterday, and is also trending for a red day today. I think the price is trading near resistance around $9.09. All eyes should be on NVDA to see if the rebound is successful. If NVDA climbs back up, SQQQ is likely to experience some downside. The markets have been very volatile lately […]Read More
All Eyes on $555.25 as SPY Rebounds
The S&P has also started to rebound as NVDA trends back up. SPY lost support at $555.25, and I would monitor to see if this $555.25 support level acts as resistance on the way up. SPY needs to climb back above $555.25 to remain bullish. If SPY climbs above $555 we can see a continued […]Read More
QQQ Rebounds in a Key Support Zone
QQQ has also started to rebound within a green support zone. There is short term resistance around $464.83, if QQQ breaks above this price level there could be some more upside to the yellow trendline around $472.88. For now I would monitor for a break or rejection at this yellow trendline. Follow me on social […]Read More
IWM Holds Above $210.44
There has been a strong selloff for Nvidia, the NASDAQ and S&P. However, IWM and small caps have held very strong throughout this stock market selloff. IWM is still trading above the $210.44 price level, and is attempting to flip $210.44 from resistance into support here. It’s taking a long time for IWM to rally […]Read More
CLF Lost Numerous Support Levels
CLF has been breaking down over the past few weeks, and is currently also losing support at a key white support zone between $11.77 and $12.23. I would monitor for a short-term rebound here or else CLF could continue to trend down lower. The price needs to climb back above $11.77. Follow me on social […]Read More
RIVN Likely to Form New All Time Lows
Rivian no longer expects to build as many vehicles this year as it did in 2023. After third-quarter deliveries fell, Rivian lowered its EV production plans for 2024. Rivian now expects to build fewer vehicles in 2024 than last year. Rivian delivered 10,018 vehicles in the third quarter, down 27% from the 13,790 reported in […]Read More
Bullish Gap Higher for QQQ From Strong Jobs Data
This morning we received a very strong Sept jobs report that caught a lot of traders by surprise. The market is loving the data, and QQQ has formed a bullish gap higher. Yesterday QQQ was rebounding from the white support line around $479, today QQQ is already near the white resistance zone again. QQQ is […]Read More
I’m Buying PLOP Sui Memecoin
I’m adding onto my PLOP position here. I think PLOP could have some nice upside over the next few weeks. I also don’t recommend putting in large amounts of money for a few reasons: there is a risk of rug pull with projects that are this early on. I don’t think PLOP will rug, I […]Read More