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March 17, 2024

Time for TSLA Turnaround?

BY LICIA LESLIE March 17, 2024Hi Shoppers, I am spotting what could be the signal to change this downtrend in Tesla (Ticker: TSLA). Friday’s action created a doji candle that had the bulls and bears battling it out for control of the market. The doji tells us neither side won. Check it out: TSLA is also sitting right on the…

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March 15, 2024

Dragonfly Doji in URA

BY LICIA LESLIE March 15, 2024Hi Shoppers, I am spotting a change in trend candle in the Global X Uranium ETF (Ticker: URA). Yesterday’s action created a dragonfly doji which signals a change in this downtrend and we have confirmation today with the stock trading higher. URA is also bouncing off the support of my pitchfork: Shopping for options,…

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March 13, 2024

W is Busting Out of the Box

BY LICIA LESLIE March 13, 2024Hi Shoppers, Wayfair (Ticker: W) has been trading in what the Japanese call a box range. A box range is a consolidation or coiling of the stock price in a trading range. Here it is on the chart: W is now beginning to trade to the upside, continuing the trend, as it trades outside…

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March 10, 2024

Can You Say Bearish Engulfing?

BY LICIA LESLIE March 10, 2024Hi Shoppers, The markets made a huge reversal on Friday, being up over $30 to closing down over $30 on the S&P 500 Index (Ticker: SPX). This action created a bearish engulfing candle which may be signaling a change in this uptrend: Support from here comes in at $5086, which we can easily…

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March 8, 2024

Has TSLA Found a Bottom?

BY LICIA LESLIE March 8, 2024Hi Shoppers, Ever since the last earnings report Tesla (TIcker: TSLA) has been taken to the woodshed. The stock did its best to close the gap created that day, which it did, and reversed to continued its march lower. This happens often and offers an opportunity to jump in going in the same direction…

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March 6, 2024

GOOGL Ready to Rally?

BY LICIA LESLIE March 6, 2024Hi Shoppers, Alphabet Class A (Ticker: GOOGL) has gotten pounded since the earnings report. It is down almost 14% in just over a month. Yesterday’s candle may be signaling a change in this downtrend. The candle is a hammer, which is found at the bottom of a downtrend and could be the signal of the…

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