SPX Pull Back
By Licia Leslie December 11, 2024 Hi Shoppers, We have reached the top of my pitchfork in the S&P 500 (Ticker: SPX) and we are beginning to roll over: I think we will trade down to $6000 and possibly $5944. Watch SPX this morning retest $6050, fail and trade lower. Once I see this […]
DOCS Has More Room to Run Higher
By Licia Leslie December 8, 2024 Hi Shoppers, We had a nice win in Doximity (Ticker: DOCS) and I think the stock will trade higher. It has cleared its most recent highs and has an 80% chance of trading to the top of the channel. Check it out: That would take it […]
Highwave Doji Signals Mass Confusion in BTCUSD
By Licia Leslie December 6, 2024 Hi Shoppers, Well, it has finally happened, Bitcoin (Ticker: BTCUSD) traded $100,000. It immediately, within 30 minutes, popped up to $104,000. Here is the five minute chart: It didn’t last long as it made a complete reversal trading all the way down to $92,055, my pitchfork […]
Change in Trend in TSLA?
By Licia Leslie December 1, 2024 Hi Shoppers, Last Monday’s action in Tesla (Ticker: TSLA) created a bearish engulfing change in trend candle: I would wait for the stock to close below $332 and then I think it will trade down to $310. Looking at the options, I like the Dec13 expiration: I like […]
NVDA Hit My Support … Just Like I Said
By Licia Leslie November 27, 2024 Hi Shoppers, Nvidia (TIcker: NVDA) traded right down to my median line, as I said it would. It has held it on Monday and Tuesday: Watch for NVDA to hold $135.50 which lines up pretty well with the 50 day moving average at $134.82 providing further support. […]
NVDA Breaking Support
By Licia Leslie November 24, 2024 Hi Shoppers, Nvidia (Ticker: NVDA) looks like it may be falling through support: My upward trending support line only goes back to September 6th but it has been tested several times. Friday is the first day it closed below that support and the 21 day moving average. […]
FSLY Breaking Out
By Licia Leslie November 22, 2024 Hi Shoppers, Fastly (Ticker: FSLY) had a tremendous day yesterday and it looks like this breakout is just beginning: The top of the pitchfork is at $8.12 and the previous high is at $8.64. Check out the Dec06 expiration calls: The 7.5 calls right around $.50 will make […]
GOOGL to $184
By Licia Leslie November 20, 2024 Hi Shoppers, Alpha bet (TIcker: GOOGL) looks primed to rally to $184: It held support on the pitchfork with a nice rally yesterday. Wait for it to open and trade higher this morning and then check out the calls expiring Friday: I think you will be able […]
SOXS Gearing Up For a Rally?
By Licia Leslie November 17, 2024 Hi Shoppers, Nvidia (Ticker: NVDA) has earnings on Wednesday and it could be a catalyst for a big move in the market. There is a way to take advantage of a move prior to the announcement. The Direxion Daily Semiconductor Bear 3x Shares (Ticker: SOXS) is looking […]
Dark Cloud Cover in AMZN
By Licia Leslie November 15, 2024 Hi Shoppers, Amazon (Ticker: AMZN) has just made new all time highs right at the top of my pitchfork resistance: And yesterday’s action created a Dark Cloud Cover candle which could be signaling a change in this uptrend. The Relative Strength Index has dropped down below 70 and […]