Usstocks
US Stocks are about to EXPLODE higher. Here we goThe reflation trade in the US stock market (Wave-5) is about to explode above the GREEN resistance line.
Far too many people continue to believe the US markets will collapse on some Fed/Economic crisis event. What they don't understand is the US is in a different position right now.
Yes, deflation trends may continue for REAL ASSETS (homes, cars, commodities, others), but as long as the US economy continues to tick along (employment, wages, consumers), billions of dollars every month flow into IRAs, 401Ks, and other investment assets.
This is what I call the "economic bias" related to money flow and US dollar depreciation. Over time, the natural process of the US/global economy is to GROW - not CONTRACT.
Therefore, we need to be prepared for a reflation trade (similar to 2003-05 when the US markets move upward after the 9/11 event).
Follow my research.
Microsoft bottomed out?Microsoft - Medium Term - We look to Buy at 252.55 (stop at 236.92)
Price action looks to be forming a bottom. A bullish reverse Head and Shoulders has formed. Neckline comes in at 256.15. We have a Gap open at 252.54 from 12/12/2022 to 13/12/2023. Further upside is expected although we prefer to set longs at our bespoke support levels at 252.55, resulting in improved risk/reward.
Our profit targets will be 298.90 and 310
Resistance: 263.92 / 266.65 / 267.45
Support: 252.55 / 242.21 / 238.21
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
$CTLT with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $CTLT after a Negative Under reaction following its earnings release placing the stock in drift D.
Sonos - All about the Base (Pattern)US CPI NUMBER TODAY - EXPECT EXTREME VOLATILITY
Sonos Inc - Medium Term - We look to Buy a break of 18.33 (stop at 16.59)
Price action looks to be forming a bottom. Broken out of the Head and Shoulders formation to the upside. Bespoke resistance is located at 18.28. A break of 18.28 is needed to confirm follow-through bullish momentum. Although the anticipated move higher is corrective, it does offer ample risk/reward today.
Our profit targets will be 22.76 and 24.50
Resistance: 18.28 / 21.30 / 22.76
Support: 16.33 / 15.17 / 14.85
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
$CHK with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $CHK after a Positive Under reaction following its earnings release placing the stock in drift A.