Deep Dive (Charting Updates + More)
Date: 6/28/2023
Charting Update Counter: 2
Good Morning Everyone!
I hope your portfolios are in the green with tendies in your pocket and ready for the challenger approaching: Jerome Powell.
There are two companies I think I will make follow up Deep Dives for. $Xiao-I (AIXI.US)$ and $Fisker (FSR.US)$. You should do your own research, but personally I think FSR is due for a run-up and I might take a position ahead of Dive research. I don't recommend this, as learning about a company is better than going in without a clue. I have other reasons to go in on FSR, but if I Dive into it, I will elaborate on what those are.
I have some exciting news for everyone! I just purchased Ortex. Yes it took a chunk out of my portfolio, but I hope to make it back soon, that's the goal. Why is this good news? Because I can now scan for stocks with relatively high / live short interest, among other incredibly sophisticated and helpful tools.
As a thank you for your support on my Deep Dives, I will be providing new charts for the companies we have mentioned in the Dives, along with Ortex data.
Usually no one does this. Ortex is incredibly expensive, and highly gatekeeped. But then again, what I know might help you, what you know might help me, and together we both want to help ourselves make money so let's make some!
(For reference: The order of the stocks I choose is random, and not based on overall perfomance to this date. I will be using the Daily and 1 Hour chart.)
(Disclaimer: Charting is not a guarentee of any price action, where the stock will go, and whether or not you will make money, there is also the very real chance you might lose money. What is said in this post, should not influence your trades, current positions, or overall perspective of any stock. Please do your own research and make an educated financial decision based on your own personal finances and risk tolerance).
C3.AI
Daily:
Hourly:
C3 right now is in an areay of strong support and was previously trading in a descending channel. The MACD is showing nautrality, the oscillator is signaling neutrality, and the VI is showing a potential reversal upside. AI is still a big player, and if we see $20-$25 again I will be going long once more.
Ortex Overview:
Ortex Short Interest Overview:
Palantir
Daily:
Hourly:
Here is an example of a possible big opportunity. The daily is basically signaling that it is oversold, but has room for more downside. The Hourly is saying that the stock does have room to go downwards more, but slightly. Which catches my eye is the nearly almost perfect cup and handle formation on the hour, bouncing off a demand zone we found a while ago. I think today, or the next day will give a solid insight of a possible move for Palantir.
Ortex Overview:
Ortex Short Interest Overview:
SoundHound
Daily:
Hourly:
SoundHound is in a very interesting spot. Both the Daily and the hourly agree that SoundHound might see some downside, but on the shorter term. However, SoundHound will be opening today at a very key level, right at the top of a strong resistance zone. It tried for a break out 3 times, and failed. Will SoundHound try again in the following week(s) and head for Higher Highs? Maybe. Big money is catching on to SoundHound. They might have read my article and bought with me at around $2! (probably not haha), but the options chains are increasing in frequency and strike offerings. Before there was almost no options to trade. SoundHound is a favorite of mine for sure and will continue holding for the long term.
Ortex Overview:
Ortex Short Interest Overview:
Rivian
Daily:
Hourly:
Rivian is considerably neutral on all metrics. Hard to say where it will go on a technical standpoint. It is trading in a trend on the daily and has not been able to break to the upsdiside or downside yet. Other than that, there is not much I can say about Rivian for the moment. I also think they recently announced their production numbers, so lets see how the market reacts to the data.
Ortex Overview:
Ortex Short Interest Orverview:
Neuralink and Elon Musk
There is no chart for Neuralink, but here is Tesla:
Daily:
Hourly:
Cannot say for sure about Tesla, but it does look like there is room for upside. Tesla will be havily affected by Jerome Powell today so be careful trading. Furthermore, let me know if you think Elon will beat Mark Zuckerberg in their fight haha. I wonder how that will affect Tesla's price. As for Neuralink. the company is not public so how tesla will react is not known right now.
Ortex Overview:
Ortex Short Interest Overview:
Bitcoin
We mentioned 10 different stocks I liked with the Bitcoin spot ETF hype. I currently hold positions in two companies. HIVE and CLSK. I am not going to go through each company in great detail, but I will post the charts for the companies I hold currently.
Daily:
HIVE
Daily:
Hourly:
Hive looks strong, however it might be overbought on the daily. Overall, if you bought when I did then you nice gains! I don't think I will enter any more positions unless we break and retest the current supply zone. If it breaks, there is almost no relative resistance until it reaches the gap down zone we found (in my opinion).
Ortex Overview:
Ortex Short Interest Overview:
Cleanspark
Daily:
Hourly:
Similar to other stocks, CLSK is trading in a range. Although strong right now, is the stock leading HIVE or is HIVE following CLSK. We will have to wait and see. I like these two companies because they are similar in business model and they have very relatable charts. We bought Clearspark around all time lows, which is why I included the first Daily chart. I am going to wait to see how HIVE plays out first before buying more stock or calls.
Ortex Overview:
Ortex Short Interest Overview:
Thank you for reading! I appreciate all the new followers and views on MooMoo / Medium. Hopefully I am able to help you with your trades, and finding opportunities on the market.
To be clear, my intentions are to look at the history, finances, trends, fundamentals and partterns of different companies and ideas I have, as well as to provide my contribution towards the conversations around current stocks. I could be entirely wrong, so do your own research. There could be other reasons why the price goes up or down, but for now these are my thoughts and ideas into each stock I have mentioned. How you choose to act, and perceive this information including future profits and losses is entirely up to you.
I hope you find this information informative and consistent. I enjoyed making this post and I hope it finds you well.
Medium: Alkaline Fund – Medium
On another note, I would like to thank @Moo Top for the follow, as well as the 200+ people who have recently found my page in the last weeks! Road to 1000 and 10 followers on Medium is in the works maybe! Glad to see you and others here :) Also, shoutout to @Ripper, the day one haha. If you guys ever need short squeeze plays, Ripper is your guy to go to.
Hopefully one of these days I can achieve a MooMoo award, that would be cool, but to this day I am still not sure how to enter one of those competitions. I just write in-depth financial articles for fun and for free (I might be a loser hahaha)
Another great source you guys could use is checking out @iamiam. A veteran in the game, Iam provides incredible insight on market trends and fundamental analysis. Some say the song "Silver and Gold" was named after Iam lol.
I highly recommend checking out the traders above, and thank you all for the continued support.
$Invesco QQQ Trust (QQQ.US)$ $iShares Russell 2000 ETF (IWM.US)$ $CBOE Volatility S&P 500 Index (.VIX.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Margaret Lake Diamonds Inc (DIA.CA)$ $USD (USDindex.FX)$ $Powershares Exchange Traded Fd Tst Db Us Dollar Index Bullish Fund Etf (UUP.US)$ $Apple (AAPL.US)$ $Tesla (TSLA.US)$ $Microsoft (MSFT.US)$ $Amazon (AMZN.US)$ $NVIDIA (NVDA.US)$ $Meta Platforms (META.US)$ $Alphabet-C (GOOG.US)$ $Mullen Automotive (MULN.US)$ $Fisker (FSR.US)$ $Rivian Automotive (RIVN.US)$ $Lordstown Motors (RIDE.US)$ $Ford Motor (F.US)$ $General Motors (GM.US)$ $Riot Platforms (RIOT.US)$ $MARA Holdings (MARA.US)$ $MasterCard (MA.US)$ $CleanSpark (CLSK.US)$ $Coinbase (COIN.US)$ $Block (SQ.US)$ $Blackrock (BLK.US)$ $Micromobility.com (MCOM.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Applied Digital (APLD.US)$ $T Stamp (IDAI.US)$ $American Rebel (AREB.US)$ $Cognition Therapeutics (CGTX.US)$ $Oakridge International Ltd (OAK.AU)$ $Amesite (AMST.US)$ $Robinhood (HOOD.US)$ $Applied Optoelectronics (AAOI.US)$ $AST SpaceMobile (ASTS.US)$ $Xponential Fitness (XPOF.US)$ $AstraZeneca (AZN.US)$ $GameStop (GME.US)$ $AMC Entertainment (AMC.US)$ $SAI TECH Global (SAI.US)$ $Xiao-I (AIXI.US)$ $SoundHound AI (SOUN.US)$ $Abbott Laboratories (ABT.US)$ $Bitcoin (BTC.CC)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Alkaline Analyst
All Deep Dives:
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EdgarEmaderA : How low today
fussylogic : very nice write up!appreciate it bro
谷底反弹冲天 : What time to talk
AkLi OP EdgarEmaderA : Not sure about today, but I want to focus on tomorrow to see how Friday might play out. There is a good chance if we crash today or tomorrow, Friday will just be sideways
AkLi OP fussylogic : Thank you!
AkLi OP 谷底反弹冲天 : Not sure what you mean
MoreOfTheSame : This is no “deep dive” anytime soon. They won’t let market impact the election outcome.
Hornet915 : soun broke that high this afternoon $5 cons looking good into Friday?
AkLi OP Hornet915 : Soun looks strong, and continues to keep testing a key resistance zone. However, I do anticipate a take-profit selloff sometime Friday in markets unless there is incredible news on the day. Thats because the 3rd of July markets close early and the 4th of July markets are closed. Be careful buying options that expire next week because theta will massacre your position. Thats just my opinion. Soun is picking up a ton of media attention and I’ll be holding for a while
AkLi OP : I wouldn’t be surprised if investors took some profits before a popular week to go on vacation and celebrate the US Independence day
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