ClearValue Team Insights
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IWM Holding Strong Despite Stock Market Selloff
IWM and small caps have performed pretty well despite the NASDAQ selling off. I think SPY and IWM still look pretty good, the selloff is likely caused by Nvidia’s earnings. IWM is currently trending down, but is holding above the $210.44 support zone. I would monitor for a bullish rebound on the way down, and […]Read More
PDD Still Early in the Recovery Stage
PDD has presented such a great discount and buy opportunity. The price continues to rebound, and I think PDD is still very early here. I have $102 and $112 as two key resistance targets to monitor on the way up, but I think PDD could trend back to all time highs over time. There has […]Read More
HOLO Facing Resistance at $0.41
HOLO is trading right below a key resistance zone between $0.41 and $0.43. I think HOLO is likely to get rejected here and start trending back down to all time lows around $0.28. As a reminder, next week is a very bearish week for HOLO with 40% decline on average. There is an important Sept. […]Read More