$META VERTICAL 260618 PUT 585.0/PUT 590.0$ Expecting META price will recover just like before. Revenue and profit growth remains to be intact. Felt it's a overreaction on the capex.
ARKW Investment Tracker position change: Decreased position in Taiwan Semiconductor Manufacturing by 1,944 shares, the number of shares held decreased 1.61% compared to the previous period and now represents 2.88% of the total position.
ARKG Investment Tracker position change: Decreased position in Recursion Pharmaceuticals, Inc. by 106,218 shares, the number of shares held decreased 0.89% compared to the previous period and now represents 3.8% of the total position.
MSFT Bullish - I look for consolidation between 424 and 440 and see if it holds above 424 Bearish - Break below 405 and we are probably seeing the wave C down to 360/366 Leaning towards Bearish for me. A holder of shares. MSFT Weekly Chart - 21 Sept 2024 UNH Note - Multi-year range of value 450 to 560; Recent break out of range resulted in the formation of wave 5 Bullish - Stay above breakout level 560 and form wave 5 up to 676 Bearish - Break back into range below 560, looking at 503 and then 450 Share holder since 450. Might liquidate if break back into range. (often called look above and fail) UNH Weekly Chart - 21 Sept 2024 VEEV Note - 2-year accumulation range between 165 to 232 Bullish - Finally break 232 and stay above? If so, target 267 and 300 Bearish - Rejected
If you think it will be similar, then the pullback is in and we are about to bounce upwards! If you think this time is different, then pullback might be to fib 61.8 which coincidentally is 100 and gap fill down to 95 I'm leaning to the latter as it would be a great opportunity to nibble. My puts strike are there too. NVDA Daily Chart - 28 July 2024 @macroB @Deposit @CaptainTiger @TigerStars @Melson $NVIDIA Corp(NVDA)$
Good earnings response - Bottom of 133 is in and a move up and form the right shoulder off 153+ and go upwards ==> Good to look for the right shoulder! Poor earnings response - My preferred (which would create a good opportunity) Will provide an excellent opportunity to load the truck at 121 down to 102! Good setup for the future. Bullish next few years. AMD Daily Chart - 28 July 2024 @macroB @Deposit @CaptainTiger @TigerStars @Melson $Advanced Micr
About PATH - Process automation company,for which they do well in. But still often mistaken for AI as it is more ML based - They have developed their own GenAI solution (Auto-pilot) but yet to be established commercially - They had recently achieved GAAP positive and sitting on a big pool of cash (1b+) - They have a good FCF - Good in what they do but have stiff competition Price Action (Update 25 May 2024) - Earnings coming up on 29 May 2024 - Since hitting the recent high of 27, it has since come back down to a better value of around 20 - A bear flag had been formed from the breakdown from 23.80 on 21 Mar 2024 and had been in consolidation - Had been unable to retrace back above Fib 38.2 so remains slightly bearish headed into earnings Earnings bullish reaction - A good
Price action (Update 25 May 2024) - Since the previous earnings gap up, C3.AI has come down 47% and recently recovered abit - It has since broke back into the previous range (overcoming the level of 23.70) back into the range of 23.70 to 32 - Earnings is on 29 May 2024 - Multiple MA lines as resistance (a big gap up will create a good support below) Bullish response to earnings (My chosen thesis) - Gap up and move towards Fib extension target of 30.23 - 32 to 36 is quite an easy move with little resistance Bearish response to earnings - A bear flag fib extension points to support around 17.66 to 19.65 Good luck, all! C3.AI Daily Chart - 25 May 2024 @melson @TigerStars <
Price Action (Update 25 May 2024) - Still on target for fib extension 185! - 2 support levels that are interesting 155 - Previous earnings breakout level on 25 Apr - Was also the previous key resistance back in 29 Jan 2024 - Post earnings gap up created - Also my nibble level if it comes down to this 165 - Last pull back support before breakout again - Also the 50% gap fill of post earnings gap up My plays - Have been in accumulation to some share holdings since 137, averaging at 140 Good luck, all! GOOG Daily Chart - 25 May 2024 @melson @TigerStars @macroB