NateTrades Newsletter 1/20 - 1/25

Bullish week ahead! Come check out what we are watching...

January 20, 2025

NateTrades Live Events

Stay tuned for Tuesday’s $FUBO live discussion!

Earnings Calendar

Table 1: earnings Calendar information provided by earningswhispers.com

Economic Events

Table 2: Economic Events information provided by MarketWatch.com

Technical Analysis

$AVGO - Daily Frame

Keeping a close eye on this symmetrical wedge on the daily frame for a breakout above $238.66 to target $241.83 - $245.63 - $245.63.

This looks ready for a solid move.

$BABA - 4 Hour Frame

China sector has seen some strong orders/interest last week, it is possible we begin to see volume ramp up on $BABA as we prepare to breakout of this 3 month long wedge.

Anything above $85.43 can see a target of $87.53 - $94.08.

$NVDA - Hourly Frame

NVIDIA looks ready for a breakout above the wedge resistance, targeting a price range of $140 to $141 from its current level of $138. NVDA has consistently held the wedge support with notable strength, suggesting that if it breaks this support, there could be a gap fill at $133.48 and potentially even lower to $128.72. However, for the week ahead, I anticipate the stock will maintain its support and successfully break through the resistance.

$AMZN - 4 Hour Frame

Amazon looks great this week as it can see a breakout above $226.65 to target $228.83 (ATH supply) - $231. If we can see some volume on Monday this move will be great till they earnings next week.

Hope you all enjoyed!

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See you all next week! - NateTrades