Community Message Board
Join our message board, where individuals can freely share thoughts and engage in discussions on a wide range of financial topics. It serves as the perfect platform for connecting with others that share a similar interest, fostering an environment where everyone, regardless of their unique financial journey, can contribute ideas and learn from eachother.
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
Little Upside for IWM Despite Bullish Breakout
IWM continues to struggle with making progress to the upside. The price action has been neutral and slightly bullish despite forming a breakout above $210.44. The first breakout was much more bullish with a stronger rally higher. IWM is looking a bit weak here, but we’ll see if the momentum starts to pick up over […]Read More
SPY Close to All Time Highs
The S&P is trading close to all time highs, and is likely to form a double top pattern around $564.90. I am comfortable opening shorts at $564.90. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreQQQ Approaching $486.74 Resistance
The NASDAQ opened with a bullish gap higher today. Investors are bullish headed into Jerome Powell’s Jackson Hole speech tomorrow. I don’t think Powell will say anything significant, he usually dodges questions and avoids giving information ahead of FOMC meetings. QQQ is approaching a key resistance level around $486.74, and I think QQQ could trend […]Read More
HOLO Trying to Close Green for Two Consecutive Days
A few days ago I discussed how it has been a few months since HOLO has closed green for two consecutive days. Yesterday HOLO had a nice spike up from the $0.41 support level, and today HOLO is trying to break the streak by closing green for a second day in a row. I think […]Read More
CRBU Trending Up to the Yellow Trendline
CRBU has lost support at the yellow trendline, and bottomed out around $1.48. Currently the price is trading between the white $1.48 support level and the yellow trendline. This yellow trendline was previously acting as support, but is now providing short-term resistance. CRBU needs to break above the yellow trendline around $2.60 to rally here. […]Read More
DEO Likely to Lose Support at $124.30
DEO has been trading within this white channel, and the price is currently trading near support around $124.30. There is a bearish seasonality trend and DEO is likely to lose support here. I think there could be a great buying opportunity if DEO drops below support for a discounted buy opportunity. Follow me on social […]Read More
HOLO Drops Below $2.63 Support
HOLO has a key support level near all time lows with a price target around $2.63. Today there was a sharp selloff and HOLO is trading below support. I think HOLO desperately needs to rebound over the next few days, and I would still monitor for the start of a rally despite so much bearish […]Read More
RDDT Reaches New All Time Highs After Strong Earnings
RDDT has broken above all time high resistance, and has formed a very bullish gap higher. RDDT had a strong earnings performance, and is now in price discovery mode. I wouldn’t FOMO in here, but I’d definitely monitor for any dips and buy opportunities in the future. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreVIX Spikes Up to $22 Resistance
We received some bearish economic data this morning with worse than expected inflation and jobs data. The VIX has spiked and the markets are bearish as we approach November. The VIX is trading near a white resistance level around $22. If the VIX remains above $22 there could be a rally as we approach the […]Read More