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Stocks

IWM Suggests Summer Rally for Small Caps

IWM Remains in the red resistance zone, and is attempting to form a bullish breakout above $210.44. I believe IWM is likely to breakout and rally in June. There is a media narrative of small caps going on a rally over the summer. The IWM chart suggests that this narrative seems to be true. However, […]Read More

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Stocks

The World Awaits Nvidia’s May 22 Earnings Announcement

The S&P and NASDAQ are both neutral and trading under key resistance levels. SPY has resistance at $535 and QQQ Has resistance at $457.50. Tomorrow will be an important day for the stock market with NVDA reporting earnings after stock market close. NVDA’s earnings results are going to affect so many AI-related stocks and cryptos. […]Read More

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Stocks

NVDA Likely to Rise Above $1,000

NVDA is trading around $950 headed into the May 22 earnings announcement. I believe NVDA is likely to rise above $1,000 per share, and I think there is likely to be a stock split announcement. I have the red resistance line as a key resistance target around $1,050 to monitor this week. ChartChamp socials: https://linktr.ee/realchartchamp

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Stocks

IWM Continues to Show Bullishness in an Attempt to Breakout

While the S&P and NASDAQ are trading at new all time highs, small cap stocks have not reached their previous all time highs yet. IWM is attempting to break through the $210.44 resistance line to trend up to previous all time highs in the white zone. There has been some nice bullish price action in […]Read More

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Stocks

S&P and NASDAQ Continue to Rally

The S&P and NASDAQ are trading at new all time highs, and are likely to continue forming new all time highs. The next two weeks are seasonally bullish for the stock market, and Nvidia’s May 22 earnings announcement could be an important catalyst to spark the rally. I have $535 as a key resistance target […]Read More

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Stocks

HOLO – High ROI Trade from $2 to $80+

I think HOLO has one of the best setups in the market with such a high ROI in a relatively short time frame. These strong rallies occur within a matter of a few weeks. I plan to continue to DCA into HOLO under $2 over the next few weeks until it takes off. HOLO is […]Read More

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Stocks

AMC and GME Update

The meme stock rally got stopped twice this week, both times by AMC and GME diluting their investors. I spoke with the TrendSpider team about the meme stock rally, and we have some similar ideas. We both think that the meme stock rally hasn’t finished yet, but call options traders are getting wrecked first. The […]Read More

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Stocks

IWM’s Bullish Breakout

The IWM is trending for a bullish weekly candle close in the red resistance zone. IWM still needs to break through a $210.44 resistance level to start rallying, but there was some nice progress made throughout the week. With a successful breakout I have the white zone as a key price target over the next […]Read More

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Stocks

S&P and NASDAQ Trading at New ATHs

The S&P and NASDAQ have been trading at new all time highs. $SPY is approaching an important white resistance line at $535. I think we might see an attempted bullish breakout above this trendline. $QQQ has a yellow resistance line that gives a price target around $500. This upcoming week Nvidia’s earnings will have a […]Read More

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Stocks

HOLO Opens With a Bearish Gap Lower

Yesterday HOLO finally released some news regarding the shareholder meeting and 20:1 reverse stock split. There was a strong selloff from the news and HOLO opened the daily candle with a bearish gap lower. HOLO is currently trading near $0.28 support, and is attempting to hold above the $0.28 support level. The reverse split will […]Read More

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Stocks

QQQ Holding Above $479 Support

The NASDAQ continues to show resilience this morning, rebounding from a $479 support level. There is support building at this white trendline for now, I would monitor to see if the price starts to break down below $479. Historical data suggests the downtrend could occur between Oct. 6 – Oct. 30. Follow me on social […]Read More

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Stocks

QQQ Rebounds at $480.25 Support Level

Yesterday evening stock market futures was green, and this morning QQQ is forming a bullish rebound at a local support level around $480.25. There has been a lot of red since Thursday Sept. 26, but I wouldn’t feel comfortable trading stocks in either direction. There’s too much uncertainty at the moment with so much going […]Read More

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