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Stocks

Selloff for QQQ

QQQ has started to selloff and has lost numerous support levels today. There is a break below the white zone and the yellow channel with a drop below $488.48 support. I think there could be some downside next week as we wait for the results of the US presidential election. Numerous stocks have also dropped […]Read More

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Stocks

Selloff for NVDA as SMCI Accused of Cooking Their Books

This week SMCI’s auditor resigned and accused SMCI of cooking their books. This could create a ripple effect for NVDA and the semiconductor sector. SMCI has been a large customer for NVDA, and this could raise some investor concerns about the finances behind some of these semiconductor stocks. NVDA was trading at all time highs, […]Read More

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Stocks

HOLO Drops Below $2.63 Support

HOLO has a key support level near all time lows with a price target around $2.63. Today there was a sharp selloff and HOLO is trading below support. I think HOLO desperately needs to rebound over the next few days, and I would still monitor for the start of a rally despite so much bearish […]Read More

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