Chinese tech stocks have been under pressure over the last year or so as traders and investors worry about the influence of Chinese government regulation on company business practice. I noticed a bit of Twitter chatter about Alibaba (BABA) during last week and this got me taking a closer look at its chart and this […]
I have not given this ASX stock much consideration over recent years as price action has been in constant decline. The stock remains in the news but for all the wrong reasons. However, a recent mention in a Tweet got me looking over the charts of this stock once again. Regular readers of my material […]
Tesla stock and Elon Musk often make the headlines but this latest TSLA news caught my attention. This being the bearish bet on TSLA stock taken by the Big Short’s Michael Burry. With this in mind, I thought I would assess the charts of TSLA to identify potential Support levels and Targets for any bearish […]
There has been a bit of trading interest of late about the performance of the NASDAQ and whether this Index has run its course for the time being. I have been very bullish on the NASDAQ since around 2015 when it finally started to break free of it previous all-time High region, circa 5,200. I […]
Over the last two days I have been assessing some stocks on my watch list that look to be setting up in potential retracement patterns. These are the ones that piqued my interest and, with all of them, I’ll be watching for any momentum-based trend line breakout with a view to targeting any push up […]