To The Moon

If you find my post helpful, I’ll be grateful and appreciate it if you could leave me a like on this post, and follow me for future posts like this. $AMC Entertainment(AMC)$ Price playing nicely as analyzed last week, giving us a -11.16% move before the current healthy bullish retracement. No changes to my expectations, I'm expecting price to continue lower to fill the fair value gap at 4.31 next. $Amazon.com(AMZN)$ Price playing out nicely as analyzed last week, giving us a 9.12% move before the bearish candle yesterday. If price were to continue higher, the next target for this bearish retracement is the bullish POI at 118.60. If price decides to go lower, we could see price potentially targeting the se

Wednesday's trading session was somehow different, as the strong mega caps that were outperforming for most of last month suffered losses while the others played catch up. Mega caps suffered a loss on Wednesday, stocks like Amazon.com (AMZN 121.23, -5.38, -4.3%), Alphabet (GOOG 122.94, -4.97, -3.9%), Microsoft (MSFT 323.38, -10.30, -3.1%), and NVIDIA (NVDA 374.81, -11.68, -3.0%) all saw large declines today, falling prone to profit taking after a big run and to some valuation angst. Apple (AAPL 177.82, -1.39, -0.8%) also logged a loss for the session. This resulted in the weighted S&P 500 to lose 0.38% on Wednesday. On the other hand, the equal weighted S&P 500 actually gained 0.74%, showing broader market relative strength. S&P 500 loss 0.38% Equal weight S&