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SPY Bullish Bounce off White Support Line
While the crypto market has been bearish, the stock market continues to show bullish momentum. SPY recently had a correction at the yellow trendline around 548.22, and has been trading around the white trendline around $543.49. Today there is a bullish rebound forming off the white trendline, and I would monitor the yellow $548.22 resistance […]Read More
Why AT&T’s Dividend Yield Could Be a Game-Changer for Your Portfolio
Investing in dividend stocks is a popular strategy among income-focused investors seeking steady returns, and one company that has historically attracted attention for its robust dividend yield is AT&T Inc. (NYSE: T). Currently boasting a dividend yield of 6.15%, AT&T has been a staple in many portfolios due to its reputation as a reliable income […]Read More
Three Rejections for ENPH in the Green Zone
ENPH has been trying to form a bullish breakout above $137.41, but has faced three rejections in the green zone so far. I would be cautious for a selloff after so many rejections. If the price does hold I would monitor for a fourth attempt to break above the green zone with $137.41 as a […]Read More
QQQ Facing Resistance at $486.50
NVDA had a correction and QQQ has dropped with it. I would give QQQ some time to bottom out and start an uptrend. I have $486.51 as a key resistance level to monitor on the way up whenever QQQ starts to rally again. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreSPY Retests the White Trendline
NVDA had a correction, and the narrative is that NVDA is taking down the S&P and NASDAQ with it. SPY was trading at new all time highs above the yellow trendline, and formed a bearish gap lower at the white trendline. There is a short-term bounce forming at this white trendline around $543.17, and I […]Read More
HOLO Update – Fear Near the Ground Floor
I’m seeing a lot of fear and panic selling with HOLO trading near historic lows. I wanted to give an update about HOLO with key price levels to consider. No Short SqueezeInitially I entered HOLO due to GME and AMC’s hype surrounding RoaringKitty because HOLO is a great short squeeze candidate that also has manipulated […]Read More
AMD Starting to Pump
I posted an AMD trade setup headed into July. I think AMD will form a strong rally in July, and we are starting to see some bullish momentum building up. AMD is forming a bullish bounce off a $158.53 support level, and I have $182.88 as my first key price target. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreIWM Starting to Show Some Bullish Momentum
IWM has been struggling to form a bullish breakout, which is one of the reasons why small cap stocks have continued to struggle. The stock market rally has been led by AI and tech stocks while most of the stock market has experienced little upside. With this trend in mind, it is best to prioritize […]Read More
NASDAQ and S&P Continue Forming New ATHs
The NASDAQ and S&P continue to rally, and keep forming new all time highs. Nvidia has been the major catalyst for this rally, and I think NVDA can continue to rally for longer. I think the markets will be bullish in July and August before a correction in September. I will attempt to short with […]Read More
QQQ Breaks Through the White Resistance Zone; Key SQQQ Price Levels
QQQ has broken through the white resistance zone around $493.39, and I have previous all time highs as the next key target around $503.35. QQQ is having a bullish day so far with roughly 1% gains. For those who are shorting the market and concerned by this price action, I think there will be an […]Read More
PLTR Approaching All Time High Resistance
PLTR is trading near all time highs around $45, and I think PLTR could form new all time highs before a pullback. PLTR has a high average ROI in November with a 50% bullish rate. December has a 100% bearish rate so I think there could be a pullback in November or December. I will […]Read More
UPST Continues to Rally
Cheers to those who invested in UPST. The price is up more than 100% over the past few weeks. Last week there was a bullish weekly candle close above the $45.10 resistance level, and UPST is continuing to rally higher. I have $72.56 as my next key resistance target. Follow me on social media: https://linktr.ee/realchartchamp
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