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HOLO Selloff Below $0.77 Target
HOLO has experienced a nice rally this week, and is approaching the next target at $0.77. There was a strong selloff slightly below the target, looks like there will be sellers at $0.77 for those who want to take profit on the way up. I would monitor $0.77 for a break or rejection. Follow me […]Read More
Bullish Gap Higher for SPY and NASDAQ
Yesterday there was a strong selloff with short sellers starting to short the market, and traders taking profit ahead of Powell’s speech. The stock market has rebounded back today with a bullish gap higher. I think SPY is likely to form a double top with a peak around $565. I am comfortable opening shorts once […]Read More
SQQQ Showing Some Bullish Momentum Near Resistance
SQQQ has started to build some bullish momentum today, and is trading near the upper range of this white channel. There is resistance around $8.12 to monitor for a break or rejection here. Seasonality suggests that we are likely to form a rejection and drop back down for a buy opportunity next week. SPY looks […]Read More