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 […]
We Are Going Higher in the S&P
BY LICIA LESLIE March 1, 2024 Hi Shoppers, After our little mini pull back, I believe we are trading higher from here: Here is the S&P Mini SPX (Ticker: XSP) chart. We have a couple days of spinning tops which I think are gathering steam for our next leg higher. According to […]
AAPL Honors Support, Again
BY LICIA LESLIE February 28, 2024 Hi Shoppers, Apple (TIcker: AAPL) is really trying to get off the mat. It has again revisited and traded below the support level of $181. APPL did manage to close above that support, which is most important for honoring that support. Yesterday’s action created a […]
Playing COST Higher
BY LICIA LESLIE February 25, 2024 Hi Shoppers, Costco (TIcker: COST) is my choice for a mega stock. It has been honoring the uptrend line support since October 27, 2023. I believe COST longer term will trade $774 and then $840. Looking at the calls expiring Apr 19th: I like the 750/780/810 call […]
How to Play This Rally
BY LICIA LESLIE February 23, 2024 Hi Shoppers, Holy Shitake!! That’s what Andrew would say. But seriously, what a move. The S&P 500 (Ticker: SPX) was up over 2%, Invesco QQQ Trust (Ticker: QQQ) up almost 3% (thanks NVDA +16%), and the iShares Russell 2000 (Ticker: IWM), not feeling the love […]
APPL Doji at Support
BY LICIA LESLIE February 21, 2024 Hi Shoppers, Apple (Ticker: AAPL) is sitting on support that it has bounced off of three times now. Yesterday’s action created a doji which is a Japanese candle that signals a change in trend. AAPL has been trending lower and this is possibly a signal that […]
CCJ Doji
BY LICIA LESLIE February 18, 2024 Hi Shoppers, Cameco Corporation (Ticker: CCJ) has bounced off support with a very nice doji candle: We have confirmation as it is beginning to trade higher. I like the Mar01 43 calls. CCJ next resistance level is $45.32. Use a close below $41.25 as your stop […]
XLF Breaking Out
BY LICIA LESLIE February 16, 2024 Hi Shoppers, The SPDR Select Sector Fund – Financial (Ticker: XLF) has been trading in the box range, meaning it has been consolidating since January 30th. Yesterday it broke out to the upside: Now I do have some resistance on yesterday’s high so we want to watch […]