January: $AMD 3 to 30 🚀
February: $CRWV 1.15 to 5 🚀
March: $NFLX 0.88 to 16 💥
April: $IBIT 0.7 to 0❌
May: $COIN 3.25 to 7.35 🙌🏻
June: $NVTS 2.35 to 12 🚀
July: $USO 0.98 to 4+ 🚀
7 months past! 6 wins in the book. Multi baggers…
Short listed a few tickers already.
$ARM
Really like the setup here on ARM with an inside day and knocking on the trendline after a 35% pull back from its highs. Inside day like various other chips $AVGO $AMD $ARM also looks quite bullish to move back towards 400 soon. Keep an eye out for the trendline or the 338 level. Should see a quick move towards 400. It has not given a confirmation yet but this week it is on a strong watch.
PT: 400
$SPY $SPX
A clean show of strength from the bulls here. Closing out Friday with a strong candle which also clearly breaks above and closes above the trendline.
Overnight futures are down, but is it a shake out to retest the trendline and then bounce? What the trnedline closely and then decide if you want to turn bearish or not.
This type of setup is usually very bullish and this can trigger its big run past ATHs and past it towards 770 going into Fall.
Just talking purely numbers and levels here you want to see bulls to hold 750 on SPY. If they can hold onto it we are going to see 760 in a matter of 4-5 trading sessions.
TRADE IDEA OF THE WEEK: $AVGO Video posted on Instagram.
I am also going to post some elaborate video on trendiness and its importance which can help you in the long run. Keep an eye out for the video.
If you like my analysis hit the ❤️ and repost.
$INTC $AAPL
$AAPL reportedly secured an exemption from proposed 100% semiconductor tariffs after committing hundreds of billions to additional U.S. investment.
Apple is also expected to manufacture some Mac and iPhone chips at $INTC U.S. fabs
Trade to look for:
$AVGO 420C 7/17 as a swing for a PT at 440.
If you see a pop towards 410 today possible to see the target Mon-Tue. Inside day today. Lot of good news from. $AAPL and $META
$ANET nice pull back from 190 and $SPY trying to break out of the trendline too.
190C 7/10 is a great lotto trade. 175C is 10x. 190C 7/17 was booked at 2x.
Now 3rd position. This can be a 5x trade too if we close near day high. Buyers picking up…
$META
How good was that bounce off the trendline. We are heading into a weekly trendlinee resistance now going into earnings! Measured move off the trend lien break is 300 point measured move with brings it to 706 + 300 = 1006. Rounding it off to 1000.
PT: 1000 remains long term!
$META
Meta currently looks like a huge head and shoulders at the trendline with a measured move of the break down to be about 200 points lower. So 200 point lower brings it down to 345 if this trendline on the weekly is broken.
Having said that, we are in a bull market and one thing I have learn all these years in the market is Head and Shoulders is the of the worst setup to believe in it. It fakes the bears so hard that they vanish into oblivion.
I am still extremely bullish on this stock and will be watching the upper trendline for a break. At the minimum META is a 1000$ stock in my opinion and is a great spot to accumulate. 480 is where the real risk is currently if it breaks down. That would be terrible for the stock and Zuckerberg will have to sell his bunker in Hawaii. Kidding of course.
👇🏼 $META a clean bounce off the trendline on the weekly. Just like clockwork.
All that matters here is the earnings guidance. CapEx is not going to be a factor for $META anymore. Market has priced most of it in. Its a matter of how they want to monetize on the apps and AI development now.
$META
Meta currently looks like a huge head and shoulders at the trendline with a measured move of the break down to be about 200 points lower. So 200 point lower brings it down to 345 if this trendline on the weekly is broken.
Having said that, we are in a bull market and one thing I have learn all these years in the market is Head and Shoulders is the of the worst setup to believe in it. It fakes the bears so hard that they vanish into oblivion.
I am still extremely bullish on this stock and will be watching the upper trendline for a break. At the minimum META is a 1000$ stock in my opinion and is a great spot to accumulate. 480 is where the real risk is currently if it breaks down. That would be terrible for the stock and Zuckerberg will have to sell his bunker in Hawaii. Kidding of course.