MPW has quickly rallied higher, and is now above the light blue resistance target discussed yesterday. I have resistance around $5.90, and I think MPW is forming a bit of an overshoot here. I would monitor for a break or rejection here, I think a selloff is more likely but I wouldn’t be surprised to see a bullish breakout forming here. MPW needs to stay above $5.90 to remain bullish.
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ALLY has experienced a correction over the past few months, but the yellow support zone has held and ALLY is starting to spike up. I have $33.45 to $35.13 as my buy zone, and I have $56 as a long term sell target. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreQQQ has reached a key yellow support level, which was previously acting as support. There is now resistance forming at this level around $516.50. I would monitor for continued resistance at this price level for a rejection and selloff. The yellow trendline is sloped upwards, so the resistance level will increase over time. For now […]
Read MoreIn my previous SOUN update I made an error thinking that SOUN was reporting Q4 earnings. Historically Q4 earnings is bearish for SOUN, but on Nov. 12 SOUN is reporting Q3 earnings so my apologies for the mistake. Q3 earnings has historically been bullish for SOUN, and I’m expecting to see more upside. SOUN is […]
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ALLY has experienced a correction over the past few months, but the yellow support zone has held and ALLY is starting to spike up. I have $33.45 to $35.13 as my buy zone, and I have $56 as a long term sell target. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreQQQ has reached a key yellow support level, which was previously acting as support. There is now resistance forming at this level around $516.50. I would monitor for continued resistance at this price level for a rejection and selloff. The yellow trendline is sloped upwards, so the resistance level will increase over time. For now […]
Read MoreIn my previous SOUN update I made an error thinking that SOUN was reporting Q4 earnings. Historically Q4 earnings is bearish for SOUN, but on Nov. 12 SOUN is reporting Q3 earnings so my apologies for the mistake. Q3 earnings has historically been bullish for SOUN, and I’m expecting to see more upside. SOUN is […]
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