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Stocks

SPY Continuing to Show Strength

The S&P was bearish yesterday due to concerns about Kashkari giving an announcement yesterday. However, Kashkari’s speech didn’t have any significant impact on the market or Fed’s future outlook. Today SPY is continuing to show some bullishness, and I have previous all time highs at $524.49 as a key price target ahead. ChartChamp socials: https://linktr.ee/realchartchamp

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Stocks

SBUX Approaching White Support Zone

I was initially excited to buy SBUX at the light blue zone, but there has been a lot of bad news driving the SBUX stock price down. Geopolitical tensions in the Middle East are hurting SBUX’s bottom line, and SBUX recently reported a very poor earnings announcement. I think SBUX is in trouble, and other […]Read More

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Stocks

PLTR Strong Post-Earnings Selloff

I gave numerous warnings about PLTR selling off after earnings. There were some red flags with the price pumping ahead of earnings, and now it seems like the gains were made before earnings. I would give PLTR some time to bottom out. I think there is support building up at $20, but I can see […]Read More

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Stocks

DIS Strong Rejection at $119.55 Target

DIS had a strong post-earnings selloff and a strong rejection at the first price target, $119.55. I would give DIS some time to bottom out, potentially around the $90 price levels. ChartChamp socials: https://linktr.ee/realchartchamp

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Stocks

No Significant Changes to MPW Despite Steward Health News

Yesterday there was some bearish news about Steward Health filing for bankruptcy. The news is not as bearish as it seems, Steward Health is restructuring their finances and I think MPW will be fine. There has been little change to the price action as well. MPW is back below the white trendline, $4.60. I would […]Read More

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Stocks

UPST Likely to Beat Earnings Expectations and Rally

UPST has been trending up over the past few weeks, and I think there will be some more upside until UPST reaches the light blue resistance line around $30. UPST reports earnings today, and the forecast is very low. I think UPST should easily beat expectations. I do have concerns that they might set low […]Read More

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Stocks

IWM Forming a Bullish Breakout

IWM has been struggling to breakout above the red trendline around $200.76. There was one failed rally marked by the orange curve. IWM had a pullback below the red resistance line, and is now attempting another bullish breakout. This one seems a lot more promising, but I would like to see continued buy volume. The […]Read More

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Stocks

QQQ Approaching Previous ATHs

QQQ has been outperforming SPY, and is quickly approaching the $446.09 red resistance line. I would monitor to see if QQQ breaks through this $446.09 resistance target to reach new all time highs. ChartChamp socials: https://linktr.ee/realchartchamp

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Stocks

SPY Opens With a Bullish Gap and Some Selloff

SPY has opened with another bullish gap higher, there have been three consecutive daily candles with bullish gaps. However, today’s gap is also followed up with some sell pressure. This selloff is primarily due to Fed Kashkari speaking today. The last time he spoke there was a selloff so traders have been selling ahead of […]Read More

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Stocks

NVDA Retesting the $118 Resistance Line

NVDA is trading near a key resistance level around $118 in an attempt to flip this resistance into support. I would carefully monitor the price action here since NVDA plays such an important role in the stock market. So far there is a bullish rebound forming, and NVDA bulls want to keep the price above […]Read More

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Stocks

Hang Seng Index Could Rally 200% Higher

China’s Hang Seng Index has formed a bullish breakout in September. The monthly candle looks very bullish, and I think there is still a lot more upside over the next few years. The Hang Seng Index could rally 200% higher, and many Chinese stocks could provide 200-600% returns from current price levels. While Chinese stocks […]Read More

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Stocks

HOLO Showing Some Bullish Momentum

I have been patiently waiting to see some news and details about the HOLO shareholder meeting. I haven’t seen anything yet, so I’ll wait until we hear more details about whether the reverse split got approved and the target date. For now HOLO has been showing some bullish momentum, rallying 14% today and trading above […]Read More

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