InTheMoneyStocks
Experienced member
- Messages
- 1,236
- Likes
- 17
Learn It, Do it! Profiting From This Massive Tech Decline
InTheMoneyStocks Market Analysis
- Thread starter InTheMoneyStocks
- Start date
- Watchers 167
InTheMoneyStocks
Experienced member
- Messages
- 1,236
- Likes
- 17
Huge Support Level Tagged On Universal Display Corporation
Shares of Universal Display Corporation (OLED) collapsed sharply today after reports hit that Apple (AAPL) was producing a MicroLED screen versus the OLED screen. The difference is, Organic Light Emitting Diode (OLED), which Universal Display Corp makes, versus the new MicroLED technology. However, considering Universal Display Corp. has fallen from over $200 per share in January 2018 to its current $107.00, big money already knew this and was unloading. It always works this way. Big money gets the news first and dumps. At the very end, average investors get the news and they dump, usually at the dead bottom. I believe Universal Dislpay Corp is at the bottom, at least for a near-term, strong, swing trade bounce. Note the support trend line in the chart below and the mega oversold nature of the chart. There is huge support here and a likely bounce back to $125 will occur.
Gareth Soloway
InTheMoneyStocks
Shares of Universal Display Corporation (OLED) collapsed sharply today after reports hit that Apple (AAPL) was producing a MicroLED screen versus the OLED screen. The difference is, Organic Light Emitting Diode (OLED), which Universal Display Corp makes, versus the new MicroLED technology. However, considering Universal Display Corp. has fallen from over $200 per share in January 2018 to its current $107.00, big money already knew this and was unloading. It always works this way. Big money gets the news first and dumps. At the very end, average investors get the news and they dump, usually at the dead bottom. I believe Universal Dislpay Corp is at the bottom, at least for a near-term, strong, swing trade bounce. Note the support trend line in the chart below and the mega oversold nature of the chart. There is huge support here and a likely bounce back to $125 will occur.
Gareth Soloway
InTheMoneyStocks
InTheMoneyStocks
Experienced member
- Messages
- 1,236
- Likes
- 17
Volatility Jumps, Now Let's Trade
InTheMoneyStocks
Experienced member
- Messages
- 1,236
- Likes
- 17
The Master Level On $FB: See How Easy It Is To Make $2000 In 10 Minutes
InTheMoneyStocks
Experienced member
- Messages
- 1,236
- Likes
- 17
Celgene Corp $CELG Is Trending Down, Know This Level
Leading biotechnology stock Celgene Corp (NASDAQ:CELG) has been trending lower since October 2017. At that time, the stock traded as high as $147.17 a share. Today, CELG stock is trading around the $87.00 area. Traders can easily see how this stock has fallen from grace over the past five months. The stock is now trading below its 50 and 200 week moving averages, this is a very negative chart formation. The stock should now find some solid support around the $82.75 area. This is a major retrace level where the stock could bounce from the current oversold condition.
Nicholas Santiago
InTheMoneyStocks
Leading biotechnology stock Celgene Corp (NASDAQ:CELG) has been trending lower since October 2017. At that time, the stock traded as high as $147.17 a share. Today, CELG stock is trading around the $87.00 area. Traders can easily see how this stock has fallen from grace over the past five months. The stock is now trading below its 50 and 200 week moving averages, this is a very negative chart formation. The stock should now find some solid support around the $82.75 area. This is a major retrace level where the stock could bounce from the current oversold condition.
Nicholas Santiago
InTheMoneyStocks
InTheMoneyStocks
Experienced member
- Messages
- 1,236
- Likes
- 17
Kraft Heinz Co $KHC Hits Major Double Bottom Support
Shares of Kraft Heinz Co (KHC) just tagged a major double bottom support level from 2015. This brings valuation into an intriguing range on an oversold chart. On a technical chart basis this screams 'swing trade bounce' to investors. I am looking at a buy here at $62.00 for a snap back bounce to $68.00 over the next month.
Gareth Soloway
InTheMoneyStocks
Shares of Kraft Heinz Co (KHC) just tagged a major double bottom support level from 2015. This brings valuation into an intriguing range on an oversold chart. On a technical chart basis this screams 'swing trade bounce' to investors. I am looking at a buy here at $62.00 for a snap back bounce to $68.00 over the next month.
Gareth Soloway
InTheMoneyStocks
InTheMoneyStocks
Experienced member
- Messages
- 1,236
- Likes
- 17
Chinese ADR's Are Under Pressure
Chinese ADR's are under pressure. Leading stock such as $BABA, $BIDU, $SINA & $JD are dipping. Traders should watch $SINA around $110.35 area for an intra-day bounce play. -Nick Santiago
Chinese ADR's are under pressure. Leading stock such as $BABA, $BIDU, $SINA & $JD are dipping. Traders should watch $SINA around $110.35 area for an intra-day bounce play. -Nick Santiago
InTheMoneyStocks
Experienced member
- Messages
- 1,236
- Likes
- 17
Darden Restaurants $DRI Slammed After Earnings, Here Is Where It's Going
This morning, leading restaurant owner and operator Darden Restaurants Inc (NYSE
RI) is coming under severe selling pressure. Earlier today, the company reported earnings that are not being well received by the street. The stock is trading lower by 7.0 percent to $86.77 a share. Traders must note that DRI stock is now trading below its important daily 200-day moving average. This puts the stock in a weak technical position on the charts. The next important support level for DRI stock will be around the $82.00 area. This is where the stock broke out in November 2017. Often, prior break-out level will serve as very good support when initially retested.
Nicholas Santiago
InTheMoneyStocks
This morning, leading restaurant owner and operator Darden Restaurants Inc (NYSE
RI) is coming under severe selling pressure. Earlier today, the company reported earnings that are not being well received by the street. The stock is trading lower by 7.0 percent to $86.77 a share. Traders must note that DRI stock is now trading below its important daily 200-day moving average. This puts the stock in a weak technical position on the charts. The next important support level for DRI stock will be around the $82.00 area. This is where the stock broke out in November 2017. Often, prior break-out level will serve as very good support when initially retested.
Nicholas Santiago
InTheMoneyStocks
InTheMoneyStocks
Experienced member
- Messages
- 1,236
- Likes
- 17
Swing Trade Bounce Level On Apple Inc $AAPL
Shares of Apple Inc (AAPL) continue to decline after making a new all-time high just over a week ago at $183.50. With the stock trading near $170.00, investors are starting to get antsy over a buy point. Based on the technical chart levels, there is a near-term quick swing trade at $167.40. This is a technical gap sell with the short-term indicators at extreme oversold levels. This means a 2-5 day swing trade long with an expected upside bounce target of $172.75.
Gareth Soloway
InTheMoneyStocks
Shares of Apple Inc (AAPL) continue to decline after making a new all-time high just over a week ago at $183.50. With the stock trading near $170.00, investors are starting to get antsy over a buy point. Based on the technical chart levels, there is a near-term quick swing trade at $167.40. This is a technical gap sell with the short-term indicators at extreme oversold levels. This means a 2-5 day swing trade long with an expected upside bounce target of $172.75.
Gareth Soloway
InTheMoneyStocks
InTheMoneyStocks
Experienced member
- Messages
- 1,236
- Likes
- 17
Cardinal Health Inc $CAH Buy Level Approaches
Cardinal Health Inc (CAH) continues to drop as the stock market drags lower. However, based on trend line analysis, a major support for a swing trade is approaching. Remember, swing trades are short-term trades, hold times can be days to weeks. The Cardinal Health by level is at $64.00. I expect a bounce back to $70.00 off that level. Be ready.
Gareth Soloway
InTheMoneyStocks
Cardinal Health Inc (CAH) continues to drop as the stock market drags lower. However, based on trend line analysis, a major support for a swing trade is approaching. Remember, swing trades are short-term trades, hold times can be days to weeks. The Cardinal Health by level is at $64.00. I expect a bounce back to $70.00 off that level. Be ready.
Gareth Soloway
InTheMoneyStocks
InTheMoneyStocks
Experienced member
- Messages
- 1,236
- Likes
- 17
Major Bounce Level On BIDU
Major level on Baidu Inc (BIDU) to buy. The Chinese company is seeing its stock collapse after Trump pushed tariffs in a noon briefing. Huge support at gap fill at $225.00. I expect a snap back bounce there.
Gareth Soloway
InTheMoneyStocks
Major level on Baidu Inc (BIDU) to buy. The Chinese company is seeing its stock collapse after Trump pushed tariffs in a noon briefing. Huge support at gap fill at $225.00. I expect a snap back bounce there.
Gareth Soloway
InTheMoneyStocks
InTheMoneyStocks
Experienced member
- Messages
- 1,236
- Likes
- 17
Friday's Stock Trading Action: NKE, MU, KBH, INTC & More
InTheMoneyStocks
Experienced member
- Messages
- 1,236
- Likes
- 17
Stock Futures Jump After China Agrees To Trade Talks
InTheMoneyStocks
Experienced member
- Messages
- 1,236
- Likes
- 17
This Media & Communications Stock Is Making New 52-Week Lows, Watch This Trade Level
Comcast Corporation (NASDAQ:CMCSA) is a leading media, technology and communications company. CMCSA stock peaked out on January 24, 2018 at $44.00 a share. Since that high pivot, the stock shares have tumbled and now trade around the $33.00 level. CMCSA shares are now making new 52-week lows on the charts. Traders and investors should note that the stock has falling below its important 50 and 200-day moving averages. This current formation puts the stock in a weak technical position on the charts. The next major support level for CMCSA stock will be around the $30.00 level. This important area is where the stock was defended in October 2016. Often, former major support levels will be defended again when retested. At this time, I would expect this level to be a solid bounce area for CMCSA stock.
Nicholas Santiago
InTheMoneyStocks
Comcast Corporation (NASDAQ:CMCSA) is a leading media, technology and communications company. CMCSA stock peaked out on January 24, 2018 at $44.00 a share. Since that high pivot, the stock shares have tumbled and now trade around the $33.00 level. CMCSA shares are now making new 52-week lows on the charts. Traders and investors should note that the stock has falling below its important 50 and 200-day moving averages. This current formation puts the stock in a weak technical position on the charts. The next major support level for CMCSA stock will be around the $30.00 level. This important area is where the stock was defended in October 2016. Often, former major support levels will be defended again when retested. At this time, I would expect this level to be a solid bounce area for CMCSA stock.
Nicholas Santiago
InTheMoneyStocks
InTheMoneyStocks
Experienced member
- Messages
- 1,236
- Likes
- 17
Where Is The Buy? Overly Bullish Investors Helped Me Predict The Sharp Decline In Mic
Shares of Micron Technology, Inc. (MU) continue to decline after earnings fell short of the hopes and dreams of investors last Thursday, after the close. Considering the stock had surged from $38 to $64 in just over a month, no investor should have expected more upside off earnings (though many did). This is an example of greed. In fact, many of my previous posts are Twitter warning of an overbought situation were attacked by small investors long Micron stock. This actually gave me more confidence it was a short as when the masses are overly bullish, 99% of the time a stock is a dead short (it was). Either way, I do believe there is value in Micron Technology, Inc., just at a lower price. The technical chart shows major support at $50.00. This is where I will buy for a snap-back bounce. It should be an easy 10% swing trade pop.
Gareth Soloway
InTheMoneyStocks
Shares of Micron Technology, Inc. (MU) continue to decline after earnings fell short of the hopes and dreams of investors last Thursday, after the close. Considering the stock had surged from $38 to $64 in just over a month, no investor should have expected more upside off earnings (though many did). This is an example of greed. In fact, many of my previous posts are Twitter warning of an overbought situation were attacked by small investors long Micron stock. This actually gave me more confidence it was a short as when the masses are overly bullish, 99% of the time a stock is a dead short (it was). Either way, I do believe there is value in Micron Technology, Inc., just at a lower price. The technical chart shows major support at $50.00. This is where I will buy for a snap-back bounce. It should be an easy 10% swing trade pop.
Gareth Soloway
InTheMoneyStocks
InTheMoneyStocks
Experienced member
- Messages
- 1,236
- Likes
- 17
Stock Action = Big Profits: See The Trade Setups Here
InTheMoneyStocks
Experienced member
- Messages
- 1,236
- Likes
- 17
Trading The Stock Market Movers: RHT, MKC, OSTK, LFIN & More
InTheMoneyStocks
Experienced member
- Messages
- 1,236
- Likes
- 17
Honeywell International Inc $HON Still Has Downside Momentum, Know This Level
Leading diversified technology and manufacturing company Honeywell International Inc (NYSE:HON) has been under pressure since late January. This leading stock topped out on January 29th, 2018 at $165.13 a share. Since that high in the stock, the shares have declined sharply lower. Today, HON stock is trading at $146.40 a share. Traders should note that the important 200-day moving average was tested last Friday. This pattern tells us that the stock should still have further downside in the coming weeks. The next major support level for HON stock will be around the $139.00 area. This is where the stock broke out in September 2017. As many of you know by now, prior breakout levels will serve as very good support when initially retested.
Nicholas Santiago
InTheMoneyStocks
Leading diversified technology and manufacturing company Honeywell International Inc (NYSE:HON) has been under pressure since late January. This leading stock topped out on January 29th, 2018 at $165.13 a share. Since that high in the stock, the shares have declined sharply lower. Today, HON stock is trading at $146.40 a share. Traders should note that the important 200-day moving average was tested last Friday. This pattern tells us that the stock should still have further downside in the coming weeks. The next major support level for HON stock will be around the $139.00 area. This is where the stock broke out in September 2017. As many of you know by now, prior breakout levels will serve as very good support when initially retested.
Nicholas Santiago
InTheMoneyStocks
InTheMoneyStocks
Experienced member
- Messages
- 1,236
- Likes
- 17
Strong Buy: Shares Of Applied Optoelectronics $AAOI Tag Major Level
Shares of Applied Optoelectronics Inc tagged a major gap fill from 2017 yesterday at $23.50. This level is probably the biggest technical support on the chart in recent history and likely a near-term major bottom. The stock has fallen from over $100, down 75% from its 2017 highs. A classic technical retrace has the stock jumping back up to $35.00, a 50% upside move.
Gareth Soloway
InTheMoneyStocks
Shares of Applied Optoelectronics Inc tagged a major gap fill from 2017 yesterday at $23.50. This level is probably the biggest technical support on the chart in recent history and likely a near-term major bottom. The stock has fallen from over $100, down 75% from its 2017 highs. A classic technical retrace has the stock jumping back up to $35.00, a 50% upside move.
Gareth Soloway
InTheMoneyStocks
InTheMoneyStocks
Experienced member
- Messages
- 1,236
- Likes
- 17
Twitter Inc $TWTR Heads Towards Buy Level
Shares of Twitter Inc. (TWTR) fell sharply again on Tuesday as more worries about social media and user data emerge. Twitter was as high as $37.00 just two weeks ago, but now finds itself under $30.00. The key target on a technical chart basis is $26.95. This is a strong gap from prior to earnings. A fill of this gap offers solid support and a great risk/reward trade setup.
Gareth Soloway
InTheMoneyStocks
Shares of Twitter Inc. (TWTR) fell sharply again on Tuesday as more worries about social media and user data emerge. Twitter was as high as $37.00 just two weeks ago, but now finds itself under $30.00. The key target on a technical chart basis is $26.95. This is a strong gap from prior to earnings. A fill of this gap offers solid support and a great risk/reward trade setup.
Gareth Soloway
InTheMoneyStocks
Similar threads
- Article