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Arm Holdings (ARM) is Presenting a 25%+ Long Trade Opportunity
In Discord I have been emphasizing that ARM is likely to drop below it IPO price (marked by the orange trendline) and form a bottom below. That scenario has played out with ARM dropping below the orange trendline and now ARM has seemingly bottomed out at $50 (marked by the yellow trendline). The ideal entry […]Read More
Virgin Galactic (SPCE) Continues to Roll Over
This is a follow-up post to my previous SPCE update. SPCE bounced off the yellow support line but continued to roll over as the S&P continued to bleed. The Sept FOMC announcement resulted in bearish market sentiment for crypto and stocks that led to further decline. For now I’m monitoring SPCE to form a more […]Read More
The S&P 500 (SPY): Poor Defense for Key Support Levels
This is a follow-up post after SPY poorly defended the two key support levels discussed in my last post. There was little fight from S&P bulls and bearish sentiment after the Sept FOMC meeting that reinforced the higher for longer narrative. For now I’m waiting until the end of the week for the Q3 candle […]Read More