We are still above the support at 42, and we have a consolidation. If we don’t break the 44.59 next week, we’ll fall more.
Considering the advanced breakdown on the RSI, chances are that we’ll drop to the 39, to the next fibs retracement. It’ll confirm this idea if we break through the 42.34.
If you liked this trading idea, remember to click on the “Follow”...
We are breaking the support at 45.24, meaning, we might see NIO at 43.89 next. We must see a very good and surprising reaction on NIO right now, to invalidate this thesis.
We are under the 20ma, but the Bollinger Bands are still tight, so, there’s still a chance we’ll see something incredible. We just can’t count too much on that.
The RSI has an advanced...
This chart is pretty easy to read. NIO has a pivot at 45.97, and it it breaks this point, it’ll trigger this pivot, and possibly an inverted head and shoulders. This would be awesome for NIO, and it could seek the 50s again.
Also, it is curious to notice how the red line, a previous support line, was a resistance today. The market always remembers some...
Yes, NIO did everything we talked about yesterday, and it reached the 43s as expected. The resistance around the 38.2% retracement and the 20ma did hold the price pretty well, and today NIO couldn’t deal with it.
We lost the red line, and it already hit its target at the previous bottom, around 43.89. Now the RSI is oversold, and NIO is starting to get...
PLTR almost hit our target at 26, and I still think it’ll hit there, but we have a correction first.
The RSI was too overbought this morning, so, that was expected. Now the 25.04 is a breakpoint for us, and if PLTR loses it, the advanced breakdown on the RSI will confirm.
This could make PLTR drop to the 24.60 area in the 4h chart.
We have the 20ma and the...
As @ asadi2 requested, let's see how XPEV is doing!
Yes, XPEV looks interesting, but there a few things that we should be aware of!
Yes, we have a pivot at 41.13, that if broken, could make XPEV fly to the 43 in the blink of an eye.
But in the 4h chart we have a RSI divergence, and an advanced breakdown. These patterns aren’t confirmed yet, but they will be...
We detected this bearish divergence on the RSI just in time! Now NIO hit the first target we talked about yesterday, but we have some things to say before anything else.
NIO has been duplicating the amplitude of its congestions each day, as the black arrows show us. And this indicates that the trend is bearish, at least for now. But NIO was oversold today, and...
Ok, PLTR broke the red line now, no excuses this time, and we have an advanced breakdown on the RSI. This increases the odds of a correction, and this would be great for PLTR.
We have another divergence on the 4h chart RSI as well, but the 20ma is getting closer, and it is at 23.64 rn. This kind of ruins my idea of buying PLTR at 22, but that’s ok. I’m...
Ok, MSFT looks interesting right now!
We have a double top (not triggered yet), and an advanced breakdown (RSI). This makes the 249.27 the next target for MTSF in the 30min chart, but the 4h chart looks good.
Yesterdy MSFT did close the gap at 243, and it did a hammer. Now we are flying, and it looks like any pullback in the 30min will be an opportunity to...
No, the index didn’t trigger any buy sign, and it was a complete failure today, thanks to the advanced breakdown we talked about yesterday.
In addition, it almost hit our target at 13,430! The chart looks weak, and there is no meaningful sign here.
We identified the advanced breakdown yesterday, in the 4h chart (just look at my previous analysis), and it seems...
If NIO closes under the 40.90 tomorrow, there’s a chance it’ll fill the gap at 38.64. Then I believe I’ll be a good moment to buy.
It is no secret that I already booked my profits on NIO, and now I’m an observer just waiting for the next chance to buy it again.
In fact, since we have an advanced breakdown on the RSI, this could even trigger a quick short trade,...
Once again, the Nasdaq hit the support at 13,600 and it is bouncing one more time. The 30min has nothing interesting for us, but maybe the 4h chart has:
Yes, we have a bullish candle above the support at 13,600 and the 20ma. This alone is a buy sign, if Nasdaq breaks the 13,680 tomorrow.
The problem: The RSI shows an advanced breakdown. If the index triggers a...
Now, Tesla is in the bottom level of a congestion, and it can’t close a candle under the 622.45, which would trigger a possible double top, with a target at 596. And yes, now I'm out of Tesla :), but I'll keep seeking another opportunity!
Tesla is moving very slowly, and the volatility decreased today. At one point, it’ll become more volatile again, but this...
Ok, let’s talk about a few points to keep in mind here.
First, the Nasdaq did break the upper line we have been talking about, which is a sign of bullish strength. I didn’t buy though, as the RSI was showing an advanced breakdown yesterday, and you know that I already booked the profits from basically all my trades, so, buying QQQ wouldn’t make too much sense to...
