Weekly chart showing a Congestion and compression pattern, price breaking above 70 can take it to 95
Price coming out of a range, Fundamentals are good to enter
Hello traders and investors! Let’s see how AMD is doing today! It has been a while since I analyzed it, so we have a lot to update. This is going to be a Multi-Time Frame Analysis (MTFA) and we’ll study the 1h, D and W charts. First, in the 1h chart, we see that the short-term trend is clearly bullish, the only problem is the resistance at $ 106 , which worked...
Hello traders and investors! Let’s see how NVDA is doing today! Technically speaking, the purple line at $ 224 is a key point for us , and if NVDA defeats this price level, it’ll turn bullish, at least for a short period of time, and we’ll seek the ATH. Keep in mind that NVDA is in a congestion , moving sideways, and not doing anything meaningful. However,...
Hello traders and investors! Let’s see how MSFT is doing today! First, in the 1h chart, it is interesting to notice that the 38.2% Fibonacci’s Retracement is holding the price nicely. Coincidence or not, this point was a previous resistance two days ago, and now it is working as a support. Despite the drop today, MSFT has no bearish structure around , and...
Hello traders and investors! Let’s see how NVDA is doing today! First, it is losing the key point I mentioned last week, in our previous study, which is the support line at $ 221.24 . By losing this support, NVDA has everything to trigger a pullback in the daily chart, at least to its 21 ema. The link to our previous study is below this post, as usual, In...
Hello traders and investors! Yes, AAPL did exactly what we expected since our last analysis (Aug 18), and we nailed a good movement. Now we have to update our key points. My previous analysis is public, and the link to it is below this post. First, in the 1h chart, AAPL is struggling near the 50% Fibonacci’s Retracement , but since we have no clear bullish...
Hello traders and investors! Let’s see how PLTR is doing today, and do a complete Multi Time Frame Analysis (MTFA) looking at the 1h, D and W charts. In the 1h chart, we have a strong bearish candlestick, and PLTR lost the 21 ema and it hit the 61.8% Fibonacci’s Retracement .If it confirms any bullish pattern, it could be an opportunity to buy, in my view, but...
Hello traders and investors! Let’s see how AAPL is doing today! First, the trend is bullish, and the 21 ema is going up along with the price, and everything seems fine with AAPL. But we must keep an eye on some important key points, as they will dictate how AAPL will behave in the next few days, if it’ll keep climbing or if it’ll drop. The support at $ 149.10...
Hello my friends! Let’s how AMD is doing today! First, in the 1h chart, it is in a bull trend again, as we have higher highs/lows. The first pivot point triggered was at $ 109.77, and we have a second one that has yet to be triggered at $ 111.70. We are above the 21 ema again, and everything looks bullish from here. Let’s look for more clues in the daily...
Hello traders and investors! Let’s see how DKNG is doing today! The trend is clearly bullish in the 1h chart, as we have higher highs/lows . The 21 ema is going up too, and it is working as a nice support level. Another relevant support to keep an eye on is the black line at $ 51.25. This point worked as support, and it was a previous resistance on July 29....
Hello traders and investors! Let’s see how Tesla is doing today! Today we triggered a pivot point at $ 654.86, which made Tesla break through the previous resistance around the $ 664. This bullish structure, along with the high volume , may lead Tesla to higher levels in the daily chart: We are still inside a mid-term congestion , between the $ 621 and...
Hello traders and investors! Let’s see how Tesla is doing today! Since our last update it did many interesting patterns, so, let’s see what’s going on here. First, in the daily chart, it seems we have a congestion . The $ 689 is the ceiling, and the $ 621 is the floor. In scenarios like this the 21 ema gets flat, and it is almost useless now (in the daily...
In the 30min we have a trading range between the 25.05 and the 25.55, and to the side it breaks, we’ll see a big movement afterwards in the breakout’s direction. The RSI is enigmatic, and don’t give us any clue about to which side it’ll break. PLTR is in a slow bull trend, but if it breaks the 25.05, it’ll most likely lose the red line and it won’t hit our...
Hello traders and investors! Let’s see how Tesla is doing today! First, yes, we have an accumulation around, and Tesla is trading inside a range between the two black lines. Only a breakout from any of these lines will tell us what Tesla will do next . It seems the $ 571 is a support in the short-term, while the $ 635 is another resistance. But the daily...
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...
I see Apple is just accumulating. We talked about in my last analysis that we should be careful, and in the 30min chart we see why. We are inside a big congestion, and yesterday, Apple closed the gap at 126.03. All of this is good, as this offers a chance to trade. If AAPL breaks the 127.90 again, it’ll hit the 131. The RSI has an advanced breakout, and this...
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...