BTCUSD Holding Support
BY LICIA LESLIE March 24, 2024 Hi Shoppers, Bitcoin (Ticker: BTCUSD) has pulled back off its all time high of $73,835 traded on March 14th. Looks to be to be building a base here as it continues to test my support level at $63,000 at the base of my pitchfork on the daily […]
SPY Resistance
BY LICIA LESLIE March 22, 2024 Hi Shoppers, I am seeing S&P 500 ETF (Ticker: SPY) resistance on yesterday’s high: I will be watching for the market to open and trade lower this morning. Once it does, I will be shopping for puts in SPY: I like the Mar28 522/517 put vertical around […]
Bullish Engulfing in DT
BY LICIA LESLIE March 20, 2024 Hi Shoppers, Dynatrace (Ticker: DT) has had quite the sell off, trading down to $45.17 off its high of $61.41 just since February 5th. The stock looks to be bouncing off my pitchfork support here and yesterday’s action created a bullish engulfing candle which could quite possibly […]
Time for TSLA Turnaround?
BY LICIA LESLIE March 17, 2024 Hi 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. […]
Dragonfly Doji in URA
BY LICIA LESLIE March 15, 2024 Hi 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 […]
W is Busting Out of the Box
BY LICIA LESLIE March 13, 2024 Hi 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 […]
Can You Say Bearish Engulfing?
BY LICIA LESLIE March 10, 2024 Hi 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 […]
Has TSLA Found a Bottom?
BY LICIA LESLIE March 8, 2024 Hi 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 […]
GOOGL Ready to Rally?
BY LICIA LESLIE March 6, 2024 Hi 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 […]
Wayfair Looking Higher
BY LICIA LESLIE March 3, 2024 Hi Shoppers, Wayfair (Ticker: W) has had a nice little rally with a boost from the earnings report. The chart is looking bullish with more room to run higher: It has just closed above the 50 and 200 day moving averages for four days now. The […]