fundamentals matter, but not as much as you think
the chart will tell you the story long before any P/E ratio ever will
learn technical analysis and studying charts. will save you a lot of pain
$GS
tick tock
Something to ponder.
AI names were brutally crushed today, which makes me wonder one thing. Do they start coming after financials and healthcare next?
This would be interesting considering how well some of these names have held up relative to the broader market.
$GS is now sitting at a major inflection point, right below the key $860 weekly level.
Worth keeping a close eye on for another leg lower if it fails to reclaim that level.
$GS
massive rejection at the 50d today
under $860 starts a new leg lower.
targets are $825 and $800
puts are exploding as well
$TEVA
healthcare name with a really clean chart trying to breakout today
this can see $45
$BABA monthly
starting to get really interesting around this level
trying to print a higher low and reclaim the 200 month SMA
100c for 12/28 is only like $35 👀
$TSM
still a top watch here
inside day right above the 200d + a key level at $400
if we roll over later in the week watch this for the downside
tinkering with selling 0dte premium on choppy days like this
call credit spreads as momentum stalled out near the top today
still have a lot to learn but can be a good strategy when no other money is to be made
$P
offering a retest of the breakdown level here
got in some puts around $119


















