Basically the plan below with $ORCL stays the same (enter at 90+-).. though I will tempted to buy the first batch say at 100.. https://t.co/i2J8dEsZj6
$GOOG chart now looks similar to $META in March 26 btw.. 3d co in the world.. imo with the strongest long-term moat..
Technical analysis means little on charts with no real trading activity. The levels may look convincing, but without actual capital and market participation behind them, they’re just empty drawings. Too many “wizards” and “legends” (say, like @PeterLBrandt) miss this and keep misleading people into thinking TA works on any chart. Alas.
$MRVL at around 185 (if it gets there) is attractive..
$QCOM was nice one innit 🔽
That's more or less what I am about - moves like today happening in consolidation are hardly predictable by ta and extremely tough to risk-manage positions if opened for whatever expanding descending wedge bullsht visible on the chart. Good that it's that complicated, otherwise the Machine would have cracked it long ago.
$EWJ in action now, worth following for possible short setup, which might be already in place with this breakdown from the ascending wedge. It's tough though, as it might be bear trap as well, say, with one more swing to the upper line and break only after. Playing patterns is a tricky business and needs planned strict stop rules and readiness to re-enter.
a bubble in $OKLO (they speak of ai bubble now), like in so many ai related names.. here again, weekly RSI at 30 speaks that this stock is truly oversold.. By showing the descending wedge shape I am cautiously implying that throw-under might be that overshoot which reverses quickly, which is imo worth watching further to jump in..
interesting to watch if 19AUG gives up in full in ethereum:native . 2130 looks interesting at first now, but not much of support is before 1950-2000, looks thin..