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YELP Rejection at the Light Blue Trendline
$YELP had a rejection at the light blue trendline, and I think there is a bullish rebound forming. YELP is likely to make another attempt to break the light blue trendline, which is common price action observed in the past. I have the yellow zone as a preferred buy level, but for now I think […]Read More
SIRI Reenters the Buy Zone
$SIRI is another stock pick from Warren Buffett, and SIRI was initially performing well with a nice pump out of the buy zone. However, the past 3 months have been bearish and SIRI has dropped back into the buy zone. I think this is an opportunity to add onto the SIRI position with the best […]Read More
DXY Potential Breakout Raises Concerns for Crypto & Commodities
The U.S. Dollar Index has started showing some strength above the light blue resistance line, and if there is a bullish breakout for DXY here that could hurt crypto and commodities. It is important to monitor for a break or rejection here, and for now it’s looking like a potential bullish breakout for DXY. ChartChamp […]Read More