Hello traders and investors! Let’s see how SPX is doing today! In the 1h chart, the trend is bullish, but is not as strong as before. It feels like it is slowly turning into congestion . Anyway, the 21 ema is under the price, and it is working as a support for us here. We have more support levels around the two black lines area , which seems to be an important...
Hello traders and investors! Let’s see how NIO is doing today! First, in the 1h chart, we see that NIO defeated the bear trend, when it broke the purple trendline , and it is not doing lower highs/lows anymore. But there’s no bull trend yet , and it seems we only have a congestion in the short-term, as the 21 ema is flat. The $ 32.58 is a support level, and it...
Hello traders and investors! Let’s see how Tesla is doing today! First, in the 1h chart, we see that it is trading inside a short-term congestion , between the red lines. Today, Tesla just retested the upper line, and it seems it won’t break it right now. In fact, it is doing a bearish engulfing. The 21 ema is useless during congestions, so it is not a...
Hello traders and investors! Ok, NIO behaved exactly as we thought it would, and it did the “worst-case scenario” we discussed last week. The link to the previous analysis is below, as usual. In the 1h chart, it lost our previous support level at $ 37.54, and this made NIO just seek the next support, at $ 34.85 area. In addition, NIO is in a short-term bear...
More and more my posts are about controlled losses. I'm doing this because trading is mostly about controlling losses. Seriously, it is about taking affordable controlled losses at key areas in an instrument. This 3D time frame may not be the one to trade in. The value in higher time frames is about advanced vigilance for potential reversals of trends. A...
Hello traders and investors! Let’s see how the NDX is playing today! • A QUICK MESSAGE: Next Monday, I invite you to join me in our next stream ! One hour before the market closes (3 p.m. NY time). Check this link: www.tradingview.com It opened above the 14,050 today, and it quickly lost it, just to hit the 61.8% Fibonacci’s Retracement . Now, it is doing...
Hello trader and investors! Let’s talk about PLTR today! As we thought, in our previous analysis last week, the stock gave us a nice exhaustion sign of the sell pressure. We identified this movement only reading the candlesticks and the volume . As a Price Action trader, I don’t need to use any indicators, and if you are curious, the link to our last analysis...
Hello traders and investors! Let’s see how AMC is doing today. It’s been a while since our last study on it, so we have a lot to update! The link to our last analysis is below this idea, as usual. First, in the 1h chart, the trend is reversing, as we have higher highs/lows, making a good bullish structure. Now, the $ 9.81 (red line) and the 21 ema are working as...
Hello traders and investors! Let’s see how PLTR is doing today! First, as we discussed in our last study, PLTR found a support level at $ 22.84, it reacted very well, a nd it broke the green line at $ 24.45 . This is a great sign, and likely PLTR will seek higher levels now. To check our last study, the link to it is below this analysis. Yesterday’s movement...
Hello traders and investors! Let’s see how PLTR is doing, and if it has been moving according to the technique and to what we discussed last week! First, yes, as we already figured out, this is an annoying congestion , indeed, and the support level at the blue line ($ 22.84) has been holding the price quite well, at least until now. But that’s ok, as this...
Hello traders and investors! Let’s talk about AMC again! Since it hit our target, about two weeks ago, it has been moving sideways, and movements like this are frustrating, yes, but we have some very nice key points to keep in mind. First, in the 1h chart, we still have a key point at the green line, around $ 11.52, which is the same key point we mentioned in...
Hello traders and investors! Yes, SNDL is heading to our target at $ 0.95 again , which is good. In our last study, SNDL was doing some nice patterns, but unfortunately, none of them were triggered. Now that we are close to our target at $ 0.95, we might see something interesting again. And if you missed my previous public analysis on SNDL, the link to it is...
Hello traders and investors! Let’s see how AAPL is doing today! First, it is inside a boring and annoying congestion , moving erratically without clear direction. But we have the $ 119.05 area to use as a guide, because it seems this is a nice support level for the short/mid-term. Recently, AAPL did an Island Reversal chart pattern near this support level,...
Hello traders and investors! Let’s talk about Tesla today! It’s been a while, but here we are! First, Tesla did what it had to do. As we discussed in my last analysis (almost 2 weeks ago), Tesla did a downwards breakout from its Trap Zone, and it precisely hit our target at $ 620 . This was a very technical movement. If you missed my previous public analysis,...
Hello traders and investors! Let’s talk about ZOM today! It’s been a while since my last analysis, so we have some points to update. And if you missed my last public analysis, the link to it is below, as usual. First, ZOM reversed the short-term bull trend that we discussed in our last study, shortly after a breakout of a key point at $ 2.34. Now the trend is...
Hello traders and investors! Let’s see how AAPL is doing today! In the 1h chart, we see that it escaped from the descending channel we talked about in my last analysis, which is good, but it is showing some weakness signs. It just hit the trendline again, and it is supposed to find a support there, but we see lower high/low as well. This makes the chart...
Hello traders and investors! Let’s talk about SNDL today! In the hourly chart we have a clear congestion , as SNDL moves sideways, the 21 ema is flat, and with no clear trend. We have a resistance at $ 1.64 and a purple trendline, and both may work as resistances in the future, if SNDL tries to engage in a bull trend. The support level at $ 1.32 seems to be...
Hello traders and investors! Let’s see how the S&P 500 is doing today! First, by looking at the 1h chart, we see that the index is inside a boring congestion , not doing anything meaningful or interesting during this whole week. The bias is still slightly bullish , though, but for every congestion we have something called Time Correction – the price...