Trend Charts: COIN, GOOG, PANW, QQQ, ANF, BTC& WING

TrendSpider
04-29

Hello everyone! Today I want to share some technical analysis with you! Hope it can help you!

The stocks are as follow:

$Wingstop(WING)$ Fundamental Trader: "153x earnings for a chicken wing restaurant is INSANE! No way I'm buying that."

Technical Trader: "Ascending triangle breakout in a strong uptrend, looks solid for a long trade."

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$Bitcoin(BTC.USD.CC)$ having some trouble with the 50 day SMA

BTC Meanwhile, we have quite the TTM Squeeze building behind the scenes. 🍋

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$Abercrombie & Fitch(ANF)$ CEO of Abercrombie & Fitch, Fran Horowitz, sold $44.2M in shares this month after the stock ran over +400% in less than a year.

This was her largest sale ever by a wide margin. 💰

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$Invesco QQQ(QQQ)$ When over 50% of Nasdaq-100 constituents record 14-day lows, it often signals exhaustion and marks a new local bottom.

The latest occurrence was on April 19. 👀

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$Palo Alto Networks(PANW)$ Pelosi just shaking out the non-believers before ripping this thing. 😅

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The $Alphabet(GOOG)$ triple threat:

✅ Beat top & bottom line estimates

✅ $70B in share repurchases

✅ First-ever cash dividend of $0.20/share

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$Coinbase Global, Inc.(COIN)$ looks like a solid way to play the range break on Bitcoin if it comes this week. 🪙

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Will COIN Rebound or Plunge After Earnings?
Coinbase reports first-quarter revenue beat after bitcoin rally leads to surge in profit. ------------ What's your target price for Coinbase? At what price would you buy the crypto stocks?
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Comments

  • MyrnaNorth
    04-29
    MyrnaNorth
    As for Bitcoin, the 50-day SMA seems to be causing some trouble.
  • LEESIMON
    05-03
    LEESIMON
    ⭐️Good
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