ClearValue Team Insights
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SPY Strong Support at $500, Likely to Rally Higher
SPY has been building strong support at $500, and I think there could be some upside over the next few weeks. May is likely to be bullish, but the key question is whether traders will sell in May and go away. I’m personally leaning towards a bullish summer and a bearish fall, but we’ll reassess […]Read More
SMCI Opportunity to Buy the Dip
SMCI reported strong earnings and set high guidance for next quarter. I think there will be some more upside for SMCI, and it is one of the hotter stocks in the market right now. Buy target: Stop Loss: Sell target: SMCI beat earnings expectations, and set high guidance for next quarter. SMCI’s seasonality index is […]Read More
ETH Rebounding at the Red Support Line
ETH is in the process of rebounding at the red support line around $2,862.93. I think we could get a successful bullish rebound today, and I would monitor the red trendline to confirm it provides continued support. May is finally here, it is a seasonally bullish month for crypto especially during Presidential election years. ChartChamp […]Read More