QXO, SOFI, ONDS, SPY& IREN Welcome Great Upward Momentum!
Hello everyone! Today i want to share some trading ideas with you!
1
$IREN Ltd(IREN)$ Pretty clean inverse head and shoulders on the daily candle chart.
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2
$SPDR S&P 500 ETF Trust(SPY)$ Volume spikes above the 134 million share threshold, like we saw on Friday/today, have produced rather strong upside moves for 1-2 weeks over the last 18+ months w/ an average move of 5.13%.
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The most bearish scenario would be a bear flag that forms up to around the $674-$676 area into early next week. That's if this repeated last year, which so far, has been extremely similar.
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3
$Ondas Holdings Inc.(ONDS)$ No way I am selling covered calls yet into an extremely important earnings call on Wednesday morning with a volume shelf setup that looks like this could easily rip to $13+ in 1-2 weeks.
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4
$SoFi Technologies Inc.(SOFI)$ I'd be relatively shocked if isn't on CNBC within the next day giving his side of things after Muddy Waters came on this morning with some pretty bold claims.
Upside target: $18.75 up to $19.30.
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5
$QXO Inc(QXO)$ Strong bounce at the trend zone so far this week.
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