Will be posting charts throughout today on @StockDweebs weekly stock picks. It’ll be a way to share my DD . Already loving these picks. https://twitter.com/stockdweebs/status/1307665828242812928
$JD - Lot of chatter on Fintwit about this e-commerce co., def interested
$WMT - Retail giante-commerce, $AMZN competitor
$EAT - Heard about this on @RobinhoodApp podcast, I'm into it
$AMD - PS5 & baby $NVDA, I like it
$ACN - Never heard of them, but will
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$WMT - Retail giante-commerce, $AMZN competitor
$EAT - Heard about this on @RobinhoodApp podcast, I'm into it
$AMD - PS5 & baby $NVDA, I like it
$ACN - Never heard of them, but will
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$SFIX - Never heard of them, but will
$PINS - Blow out ER, lots of potential
$DRI - Don't know them, but usually the obscure @StockDweebs picks tend to be
$CRWD - Cybersecurity co., super & amazing CEO
$GRWG - Questionable upper mgmt, but the technical setup is there
$PINS - Blow out ER, lots of potential
$DRI - Don't know them, but usually the obscure @StockDweebs picks tend to be
$CRWD - Cybersecurity co., super & amazing CEO
$GRWG - Questionable upper mgmt, but the technical setup is there
$JD has respected this channel from March low's nicely w/ the exception of late Aug when market was overextended. Note how extended it was off its 21ema(blue line). As it crosses the middle of the channel(dotted line) we see a beautiful falling wedge form. Another dip(buy it)=
$WMT. Dashed trend line has been a point of resistance/support since Feb. Note the large vol. shelf that the line sits almost perfectly lines up w/. Possible bull flag forming too. Lots of catalysts for this one i.e. $ORCL #TikTok deal + holiday szn. This is a must-buy imo
$EAT. This is Andrews Pitchfork that I picked up from @puppy_trades. Somepoints are price will reach median line & either reverse or gap through it on reaching it. If price reverses *before* reaching median line, it's likely to move in opposite direction. Possible bull flag
$AMD. Falling wedge formed and you can see @alphatrends's AVWAP from high's and low's from end of June will act as support possibly. Something to note is that there's a volume gap in the volume shelf, so AMD could fall further. I'd buy if it broke above the falling wedge.
$ACN has been in an uptrend since March low's hanging out at the top of channel. Dotted lines highlight support/resistance. In the past each time Accenture price has touched the 55ema() the price has bounced . Stochastic RSI looks good, but imo this will be a pop then fade.
$SFIX. I actually really like this one as it's a clear example of EW theory & Pitchfork method. Completed Wave 1 (W1) -> retraced for W2 -> now we are in the middle of W3. Should see W3 extend to the upper part of the channel. This is a great dip buy imo.
Forgot to comment my TA on $PINS as a part of this thread. Here it is -> https://twitter.com/reciknows/status/1307824203366686720?s=20
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