PennyBois

02:19

PennyBois

NYSE:SNOW is primed for upside with a strong support level formed around $109 (indicated on chart). We are expecting these 3 upside price levels to be significant points of resistance in the coming weeks, however the $120 strike options will prosper as we approach the $145 level and will be the first to get cut. Remember: This is a great name that got...

PennyBois

SPY Options to Kick off October Election is less than a month away. Investors are taking profit and repositioning defensively until after the election noise. VIX over $21. We’re still just 3% off from all-time highs. The next catalysts are rate cuts, job numbers, and earnings. We expect volatility until the election noise settles. This week, we are leaning...

01:55

PennyBois

Overall, NASDAQ:NVDA was the name to pay attention to today. Even though the AMEX:SPY traded to the downside, NASDAQ:NVDA held strong with a push above $130. The chart is giving us a clear picture of potential upside if they continue to grow and market the business the way they have. Potential political headwinds are not to be discounted quite yet....

00:55

PennyBois

NASDAQ:JD Price action is a sign of strength today - whereas pundits said Chinese markets will open weak. I love what we're seeing today and have updated our upcoming resistance points to consider profit taking. They are as follows (est.): $46, $50, $60. On continuing strong VOL, this name should continue to feel the love!

PennyBois

AMEX:SPY 📊 AMEX:SPY Options Range: $572 to $574.73 📜 $574 CALL 10/18 Entry: 15-30 min CLOSE ABOVE $574.73 Target: $578 📜 $574 PUT 10/18 Entry: Rejection and 15-30 min CLOSE BELOW $574.73 Target: $572, Trend support (Currently at $571) A rare occurrence of a green September. We expect extremely high volatility over the next 4-6 weeks, especially...

PennyBois

NASDAQ:CELH has traded at a significant discount to previous highs. We see some consolidation forming near $32 area and demand has picked up, however this will not likely be a growth story moving forward. They will need to see significant margin expansion through earnings before they see any outsized growth. HOLD RECOMMENDATION on Celsius.

PennyBois

AMEX:SPY Pennybois weekly options. Two weeks ago we gave you the $555 CALL 9/27 with a break over $500. ($460 -> $1763) Remember, we are preparing for both sides of the equation. The chart will show us what to do. 15 minute candles CLOSES for confirmation. Short-term Range: $568 to $572 ($570.36 mid-point) $538-$545 is an accumulation zone. Shay is leaning...

02:16

PennyBois

For tomorrow - Above $559.60 -> $562 could be hit on AMEX:SPY There is significant resistance at $559.60, so it could be a reversal point to watch for a bearish trade back down through the channel. We have trend support that has become resistance at $562, which will be a mountain to climb and I don't expect that to happen tomorrow. Today's Recap - We did...

PennyBois

NYSE:PLTR Palantir is no longer just a secretive "voodoo blackbox" company; its inclusion in the S&P 500 and its critical role in AI and data-driven government and commercial solutions have solidified its place as a dominant player in the AI software space. Known for its massive government contracts and deeply integrated AI systems like Gotham, Foundry, and...

PennyBois

NYSE:DOCN DigitalOcean remains the only pure cloud computing company for small-to-medium-sized businesses (SMBs), offering a robust solution similar to AWS, but with a specific focus on cost-effectiveness and ease of use for smaller enterprises. The introduction of GPU droplets further strengthens its position in the market, catering to the growing need for AI...

PennyBois

NYSE:JMIA Jumia, often referred to as the "Amazon of Africa," presents a unique opportunity for long-term investors to tap into the rapidly expanding e-commerce landscape in Africa. Our analyst, Shay Boloor, was one of the first analysts to recognize its potential, and while the company has faced challenges, the long-term thesis remains intact. We have been...

PennyBois

AMEX:SPY We are seeing a clear technical pullback, but nothing trend breaking. 21EMA on the weekly is our guide. We are watching $550 as our pivot this week for our options contracts. For these contracts, we will be using the 15 or 30 minute chart and candle closes for confirmation. $555 Call 9/27 Entry: 30 minute close OVER $550 Targets: $555,...

PennyBois

NASDAQ:NVDA shares have traded lower after touching on previous target ($!40) highs. Expecting the potential for more draw-down to $95 - $97, which keeps us at the midline for trend support (bullish). Eyeing long opportunities at that support level, with firm stop-loss below. Expect volatility with the TVC:VIX exploding to $29+ in today's trading...

PennyBois

If you've been following the analysis, we've hit quite a few short-term targets... NASDAQ:TSLA NASDAQ:TSLA | So far, we've seen a 40%+ move from our entry at $145. Targets: $180 , $200 , $260 , $300, $450 After 29 weeks of analysis with consistent levels, a plan for scaling in, where to stop, and that big-picture thesis - this earnings leading into the...

PennyBois Updated 

NASDAQ:RKLB is moving to the upside today (+10%) on news of partnership for 10 coordinated launches. The space economy is a long-shot, but this a gamble I'm willing to take. I chose to initiate this position to have exposure to more small and mid-cap growth tech companies, this one I really like. I have detailed my long-term targets on the chart. My...