AFRM May Be Topping Out
By Licia Leslie October 16, 2024 Hi Shoppers, Affirm Holdings (Ticker: AFRM) has traded up to the top of my pitchfork and has a change in trend candle created yesterday: The candle is called dark cloud cover and is found at the top of an uptrend and may be signaling a change in this trend. […]
IWM to $225
By Licia Leslie October 13, 2024 Hi Shoppers, The iShares Russell 2000 ETF (Ticker: IWM) had a really nice bullish day on Friday: It is primed to retest those most recent highs just under $225. I like the Oct16 expiration calls: The 222s will trade $2.00-$2.25 before you know it. Use a close […]
TLT Ready to Bounce?
By Licia Leslie October 11, 2024 Hi Shoppers, The iShares 20+Year Treasury Bond ETF (Ticker: TLT) has been in a downward spiral ever since the Fed lowered interest rates. They have traded right down to my support level: Yesterday’s candle looks like it could turn out to be a hammer which signals a […]
ARM Set to Rally
By Licia Leslie October 9, 2024 Hi Shoppers, ARM Holdings (Ticker: ARM) has held the support level of my pitchfork and bounced: Once it clears $145, it is heading to its previous high at $152.39. MACD also looks just about ready to turn positive; Use a close below that $145 as your stop […]
Bull Flagging in RTX
By Licia Leslie October 6, 2024 Hi Shoppers, RTX Corporation (Ticker: RTX) has been following my pitchfork very nicely: The stock has been in a nice rally and is currently taking a breather or bull flagging before it takes its next leg higher. That will take the stock up to $130 and higher. […]
HAL Ready to Rally
By Licia Leslie October 4, 2024 Hi Shoppers, Halliburton (TIcker: HAL) is ready to rally along with the crude futures. It has made a double bottom and closed above the 50 day moving average yesterday: Once it clears $30.71 it looks like clear sailing to $32.90. Shopping for options, I like the […]
AI Looking Lower
By Licia Leslie October 2, 2024 Hi Shoppers, C3 AI (Ticker: AI) is looking to trade lower from here: It has failed up against the resistance of the pitchfork and closed below those most recent lows. Support comes in at $20.34. Shopping for puts, I like the Oct18 expiration: The 22.50 puts are […]
Shooting Star in $CCj
By Licia Leslie September 29, 2024 Hi Shoppers, Cameco Corporation (Ticker: $CCJ) has had quite a quick run up trading from $35.89 on September 6th to $49.28 on September 26th: Last Thursday’s action created the change in trend candle called the shooting star right at the top of the pitchfork. The bulls were in […]
$MS Breaking Out
By Licia Leslie September 27, 2024 Hi Shoppers, Morgan Stanley (Ticker: $MS) is breaking out and looking to trade higher: Reaching those previous highs in July takes it up to $107. Looking at next week’s calls: The 105 calls are a good deal and I bet you can make at least a buck on […]
$NVDA Primed for Next Leg Higher
By Licia Leslie September 25, 2024 Hi Shoppers, Nvidia (Ticker: $NVDA) looks primed for its next leg higher: It has broken out of that consolidation it has been trading in for the last eight days around the convergence of the 21 and the 50 day moving averages. Be sure it clears $121 and then […]