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.
SPY Likely to Rebound Soon
SPY has been in a downtrend over the past few days, but could form a rebound soon. SPY is attempting to flip the previous all time highs from resistance to support at the green trendline around $524.20. ChartChamp socials: https://linktr.ee/realchartchamp
Read MorePFE in a Downtrend
PFE had a nice bounce off the white buy zone, but has started to reverse before reaching the green resistance line. I would monitor for any buying opportunities in the white buy zone between $24 and $26.50. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreNVDA’s Stock Split Leads to Bullish Breakout
NVDA announced a 10-to-1 stock split that will occur after market close on June 7. This stock split has helped NVDA rally above a strong yellow resistance line. NVDA is forming the biggest bubble in stock market history. I think there is still room for the bubble to grow, especially with NVDA launching their new […]Read More
IWM Rejected at the Red Zone
IWM faced another rejection in the red zone, and has also opened with a bearish gap lower. I would monitor for a short-term reversal for bulls to make another attempt for a bullish breakout. IWM is seasonally bullish this week and next week, which can provide enough momentum for a successful breakout. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreS&P and NASDAQ Daily Open with a Bearish Gap
SPY and QQQ had a bearish daily candle open with gap lower. The gap for SPY is a bit hard to see, it looks like a dot on the chart so I added an arrow. SPY is well below the white resistance line, and is struggling to climb up. QQQ is showing relatively more strength […]Read More
Understanding Stock Splits: Appealing Opportunity to Buy Nvidia’s Stock?
The concept of a stock split often grabs headlines and attracts the interest of both seasoned investors and market newcomers. Recently, the leading player in the tech industry, Nvidia, announced a forward stock split, making it the eighth company this year to take such a step, and this move, while it does not change the […]Read More
S&P and NASDAQ Are Neutral Under Resistance
SPY has been trading sideways since May 15, whereas QQQ is neutral but slightly bullish. SPY is trading below the white resistance line, and bulls are struggling to push the price up to the white resistance line. QQQ is showing more bullishness relative to SPY, and QQQ bulls are attempting a bullish breakout above the […]Read More
IWM Potential Breakout Within 2 Weeks
IWM is seasonally bullish this week and next week. There was a huge IWM call options trade placed last week for $664 million as well. IWM is also making a lot of headlines for small caps to rally this summer. However, IWM needs to break through the red resistance zone for there to be a […]Read More
GME Facing Resistance at $23
This is an important week for GME to form of a bullish breakout from the newfound hype surrounding their recent dilution. So far GME is facing resistance at the upper end of the white channel around $23. However, a bullish breakout above $23 could send GME soaring. A bullish breakout for IWM will help small […]Read More
HOLO Likely to Form New All Time Lows Before a Reverse Split Rally
I have been patiently tracking HOLO for the past 1-2 months waiting for an opportunity to buy some more after taking profits at $0.57. We now finally have a reverse split taking place on Oct. 9 next week, which I think could be the key catalyst for a rally. HOLO has experienced a recent spike […]Read More
RIVN Likely to Form New All Time Lows
Rivian no longer expects to build as many vehicles this year as it did in 2023. After third-quarter deliveries fell, Rivian lowered its EV production plans for 2024. Rivian now expects to build fewer vehicles in 2024 than last year. Rivian delivered 10,018 vehicles in the third quarter, down 27% from the 13,790 reported in […]Read More
Bullish Gap Higher for QQQ From Strong Jobs Data
This morning we received a very strong Sept jobs report that caught a lot of traders by surprise. The market is loving the data, and QQQ has formed a bullish gap higher. Yesterday QQQ was rebounding from the white support line around $479, today QQQ is already near the white resistance zone again. QQQ is […]Read More