ClearValue Team Insights
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SQQQ Continues to Show Bullish Strength Near Resistance
SQQQ has started showing bullish strength last week, and continues to show strength as we start this week. I think the recent spikes up show that traders and investors are looking to short the market headed into the bearish September seasonality trend. I think SQQQ continues to trade below resistance, and I would monitor $8.17 […]Read More
HOLO Selloff from Dilution News Continues
HOLO experienced a nice rally last week, but there was dilution news announced on Friday that really hurt the strong rally. There was a selloff on Friday and we are seeing a continued selloff today. I think we saw something similar with GME and AMC where both stocks rallied, and then the Board members took […]Read More
SNOW Starting to Rebound Despite Last Week’s FUD
Last week SNOW suffered a significant decline after reporting earnings. However, this week is SNOW’s best performing week with 100% bullish rate and 14% gains on average. SNOW is rebounding from a red resistance line, attempting to flip this resistance level into support. SNOW is trading near all time lows, and I think we can […]Read More