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Stocks

BBAI Spikes 30% to Retest Key Trendline

BBAI has spiked up 30% today, and the price is now trading near a key resistance level around $1.73. This red trendline was acting as support, and is now acting as resistance here. I would monitor BBAI for a break or rejection, the seasonality trend is neutral for the next few weeks. Follow me on […]Read More

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Stocks

IWM Starting to Show Bullish Signs

IWM has remained neutral above the $210.44 resistance level, but is starting to show some bullish signs here. Yesterday Fundstrat’s Tom Lee publicly stated that he believes IWM and small caps can rally 40% higher before the end of the year. I think Tom Lee is great, and he has made a lot of great […]Read More

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Stocks

S&P and NASDAQ Trade Near Resistance

The S&P and NASDAQ experienced a very bullish rally since the recent flash crash caused by the Sahm’s rule recession indicator. I think the S&P is trading near all time highs while the NASDAQ could potentially be forming a lower low over here. Next week is seasonally bullish, and NVDA reports earnings on August 28. […]Read More

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Stocks

FUBO’s Strong Rebound Above the $1.64 Support Level

Yesterday I discussed how FUBO is forming a correction down towards the $1.49 to $1.64 support zone. FUBO buyers stepped in early to buy before FUBO could enter the $1.64 support level. FUBO is approaching a $2.15 resistance level and there could be some sellers here. There’s definitely a lot more bullish sentiment with FUBO […]Read More

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Stocks

HOLO Attempting to Flip Resistance Zone Into Support

After starting off the week with a 100% rally on Monday, HOLO formed a correction back down to the white zone between $0.41 and $0.43. HOLO is finding support here, and is attempting to flip resistance into support. I would monitor HOLO’s $0.41 to $0.43 zone to see if there is continued support. The next […]Read More

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Stocks

JD Support Level Holds Despite Walmart FUD

JD experienced a selloff during post-market hours due to news that Walmart is selling its entire $145 M JD position. The price managed to hold above a $25.63 support level, but JD also has resistance around $29.72. I think there will be some sideways price movement between $25.63 and the red trendline until JD finds […]Read More

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Stocks

Uncertain Markets? Here Is Why An S&P 500 ETFs Can Be A Safe Bet

The stock market can be unpredictable, and recent weeks have shown just how volatile it can get. Between mid-July and early August, the S&P 500 took a nosedive, dropping roughly 8.5%, and this decline brought the index dangerously close to correction territory – something that left many investors worried about what might come next.  The […]Read More

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Stocks

From Struggles To Strategy: The Companies Making Big Moves with Reverse Stock Splits

This week has seen a flurry of strategic maneuvers in the stock market as several prominent companies have executed reverse stock splits, drawing significant attention from financial observers. These moves, while sounding complex, are crucial tactics used by companies to stabilize their stock prices and maintain their listings on major exchanges. Let’s break down what a […]Read More

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Stocks

Bearish ETFs to Short the Market

I am preparing to enter into 3x leveraged bearish ETFs to short the stock market. September and October are seasonally bearish, and I believe the stock market is likely to have a steep correction or crash after the Sept. 18 Fed pivot. The three ETFs that I am interested in are SOXS, SQQQ, and SPXS. […]Read More

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Stocks

COIN Needs to Hold Above $194.20

COIN has experienced a selloff after reporting worse than expected earnings yesterday. There has been a 7.5% decline so far, and COIN is approaching a key yellow support line around $194.20. This support level was previously lost and it is important for COIN to hold above this support level to remain bullish. Follow me on […]Read More

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Stocks

LMT Retests $546 Resistance Level

LMT is forming a selloff over the past 2 weeks, and could form a potential rebound at the white trendline around $546. This white trendline was previously a resistance level, and LMT is trying to flip it into an area of support. I would monitor for a bullish rebound otherwise LMT could continue to trend […]Read More

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Stocks

LLY Forming a Selloff After Earnings Miss

LLY is one of the best performing stocks with a tendency to trend up over time. There is a correction forming after LLY had a rare earnings miss, and I think this could be a great buy opportunity. I have the yellow trendline as a key buy level for LLY around $735. Follow me on […]Read More

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