TSLA Ready to Bounce
BY LICIA LESLIE February 7, 2024 Hi Shoppers, I am seeing bullish signals in Tesla (Ticker: TSLA). Yesterday’s action created a bullish engulfing candle: A bullish engulfing candle is found at the bottom of a downtrend and may be signaling a change in that trend. The session begins with the bears still […]
SPX Hit My Target, Where to Now?
BY LICIA LESLIE February 4, 2024 Hi Shoppers, On Thursday night, went out Friday morning, I called the S&P 500 Index (Ticker: SPX) to trade $4980. The high on Friday was $4975.29, less than five bucks away, that’s .001%. So where do we go from here? There is an interesting Relative Strength […]
DAL Ready for Takeoff
BY LICIA LESLIE February 2, 2024 Hi Shoppers, Delta Airlines (Ticker: DAL) has a very interesting chart. All three of the major daily moving averages, 21, 50 and 200, are converging at the same price. Check it out: It has been consolidating just above this support for six days now. DAL […]
KR Ready to Move
BY LICIA LESLIE January 31st, 2024 Hi Shoppers, The Kroger Company (Ticker: KR) chart is looking like a lot of the charts out there: mass consolidation. The Japanese call it the Box Range. It occurs when a stock is trading in a tight range for a period of time. Generally when […]
Bitcoin Please
BY LICIA LESLIE January 28, 2024 As the BTCUSD chart is looking bullish, I will be shopping for call options in Marathon Digital Holdings (TIcker: MARA). On Friday MARA gapped higher closing right at its 50 day moving average which is a bit higher than my red median line on the pitchfork. Here […]
Crude Has Caught a Bid
BY LICIA LESLIE January 26, 2024 Hi Shoppers, Crude oil futures have been trading a range for some time now: Yesterday they finally busted out of that consolidation. You can see it on the United States Oil Fund (Ticker: USO) also: I have recommended this to my Option Shoppers today so they are already […]
A Quick Cheap Shot in MRK
BY LICIA LESLIE January 24, 2024 Hi Shoppers, Merck & Co. (Ticker: MRK) has been hammering at the resistance provided by the high of May 3, 2023. It has been consolidating and attempting to bust through it since January 9th: I think MRK is going to break through this resistance and have […]
More Upside From Here
BY LICIA LESLIE January 21, 2024 Hi Shoppers, Wow! That was some rally. The market took off without the bonds initially. Then the bond market caught its bid and began to rally, fueling stocks even higher. Friday’s stock and bond price action has left us with some pretty interesting charts that […]
MOS Holding Support
BY LICIA LESLIE January 19, 2024 Hi Shoppers, The Mosaic Co (Ticker: MOS) looks to be bouncing off a major support level here: It has tested this support twice before going back to June 1, 2023. If MOS shows some bullish action this morning, I will be shopping for calls in the Feb02 expiration: I […]
Bitcoin Bounce?
BY LICIA LESLIE January 17, 2024 Hi Shoppers, Bitcoin (TIcker: BTCUSD) has been the quentissential “buy the rumor, sell the news” with the introduction and approval of the new eleven ETFs. It has stopped selling off and is perhaps ready to bounce from here: At the moment, BTCUSD is trying to rally and […]