US MAY CONSUMER PRICES RISE 0.5% M/M; EST. +0.5%
US MAY CONSUMER PRICES RISE 4.2% Y/Y; EST. +4.2%
US MAY CORE CPI RISES 0.2% M/M; EST. +0.3%
US MAY CORE CPI RISES 2.9% Y/Y; EST. +2.9%
MUCH better than expected!
$SMR
Stock is moving back to under $10 in PM
Volume is stacking, holy shit
1/3 of its balance sheet is cash
No debt
for reference, stock moved 2700% in Wave 1
$ASTS continues to fall after its recent rally
Stock ran +100% and has retraced to the .618 fib already since
I'm expecting a bottom at the 200D - .786 fib
Stock is getting ready to rally on the $SPCX hype
BOOM initially, fall even harder
$NOW ran from $80 to 140 just to fall almost below 100 again
Price is now at the .618 fib, I'm expecting support on the 50D here
It might be a volatile ride, but we'll ride to $200 without a doubt
$NFLX
Stock has now retraced back to the .786 fib from its recent rally following the WB deal
Clear ABC
Clear lower low
Accumulation on this fib level
RSI oversold
Last time it was this oversold, we rallied from 75 to 110...
Do with that what you will
$GRAB has now finally made a lower low for Wave C
A breakout of this trendline could see the stock go great lengths
Maximum downside imo is the .786 fib, let's see where support forms
Wave 3 PT $9
$META
Stock moved to the 200D and got rejected
A healthy pullback for Wave 2 into the golden zone was expected, now we're here with a lower low for Wave C...
Setup is there for $META to explode from here
Potential downside to the .786 fib
$JD
Moving as expected
Wave 3.1 topped at the trendline
W3.2 now retracing to the golden zone
It's only a matter of time before we breakout here and move into the $30s again
$UNH
Incredible price action since that breakout
Made a new higher high, retested that as a support and continues to bounce from it
$500 after Q2 earnings is very likely
$ZETA
I'm not worried
Stock had an insane breakout on volume and is now correcting without it
We touched the golden zone yesterday but closed the market just above the 0.5 fib
I'm expecting a final pullback to the 200DMA from where $ZETA is going to continue to outperform
$OSCR is unstoppable since it broke out 2 months ago
Wave 3.2 saw a retrace only to the .382 fib because this stock is just so fucking HOT
Wave 3.3 could easily reach $35+
Wave 3 PT $45
Generational stock
$BABA
Not done correcting yet? I thought we had our Wave C low, but stock is now almost making a new lower low
next support level would be the .618 fib where also the 200WMA is hanging around = typical Wave 2 behavior
Wave 3 PT$330