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Day 2 of the Meme Stock Rally: AMC and GME
The meme stock rally continues, AMC and GME have rallied by another 100%+ overnight. GME’s key price target is new all time highs above $119.53. AMC is facing resistance at $10.97. My next key price targets are $13.91 and $34.98 for AMC. AMC is Seasonally Bullish the Next Few Weeks TrendSpider’s seasonality index reveals that […]Read More
S&P & NASDAQ Approach Previous ATHs
The S&P and NASDAQ are approaching their previous all time highs. There is bullish momentum headed into this move. $QQQ is trying to form new all time highs above $446.09, and $SPY is trying to form new all time highs above $524.49. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreSmall Caps Starting to Rally
$IWM is on the brink of a bullish breakout, and small caps have been performing extremely well over the past few days. IWM is still trading near the $205.31 resistance line, there is a lot more room for upside with a successful breakout. I have the white zone as a key target ahead, which has […]Read More
NVAX Rallies Another 50%+
$NVAX has rallied another 50%+ today, and has already reached the second price target at $13.37. There is likely to be some resistance here, the next key price target is $16. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreBest and Worst Performing Days of the Week
TrendSpider’s seasonality index reveals that year to date Tuesday has been the worst performing day of the week, while Thursday has been the best performing day of the week. Use this information to your advantage to know that there are likely to be dips on Tuesdays and pumps on Thursdays. 🔴 Tuesday has 44% win […]Read More
S&P and NASDAQ Approach Resistance
The S&P and NASDAQ had a bearish April, but have successfully rebounded in May. Both are approaching their previous all time highs, and new all time highs are in sight. There is a bit of a selloff for $SPY as the price approaches the light blue trendline at $524.49. Similarly, $QQQ is experiencing a weak […]Read More
IWM Attempting a Bullish Breakout
$IWM is attempting a bullish breakout above the red trendline. If the breakout is successful small caps can continue to rally. However, I would still monitor the price action here to make sure there isn’t a rejection. $GME could lead the rally, but trading has been halted. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreAMC Pumps +20% as Meme Stocks Rally
$AMC has pumped 20%+ to start off the week. There is resistance at the orange zone, and I have the white zone and yellow trendline as two key price targets ahead of AMC manages to go on a nice rally. AMC Had a Nice Rally Today ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreGME Pumps +80%+ As TheRoaringKitty Returns
$GME has pumped 70% over the past week, but has climbed up another 68%+ overnight as TheRoaringKitty makes his return to Twitter. TheRoaringKitty has led a historic short squeeze in 2021, and he has returned after a 3 year hiatus. This return is causing a strong meme stock rally for GME and AMC. GME seems […]Read More
TSLA Rejected at Resistance
I previously posted a TSLA options puts trade setup in the white resistance zone between $264.72 – $271.23. TSLA already formed a rejection near the lower end of this range that led to a selloff. There is an Oct. 10 robitaxi event that is approaching, I think if TSLA rallies back up to $265 – […]Read More
Chinese Stocks Approaching Resistance
The Hang Seng Index is trading within a resistance zone as well between $21.1k and $22.8k. I would monitor for a break or rejection a $22.8k, and I think it’s a good idea to take some profits here. Chinese stocks have experienced a very bullish rally in a short time. I think Chinese stocks are […]Read More
Stock Market Selloff from Iran’s Attack on Israel
QQQ Playing Out Perfectly The QQQ rejection within the white zone is playing out perfectly so far. Bears have been in control pushing the price down lower. There is a strong selloff today and QQQ could continue to experience more downside to around $470 or $450 price levels. For now I would monitor local support […]Read More