Hello traders and investors! Let’s see how TSLA is doing today! We are finally above the $ 1k, and TSLA isn’t showing any signs of exhaustion here. We broke all the resistances we have been mentioning in the past weeks, and it has been more than one month that we don’t retest the 21 ema. The volume was very high this week (one of the highest of the year), way...
ENPH is looking really nice here heading into earnings. All previous price targets were reached and the gap on the upside has been filled. Last quarter ENPH sold off on a slight earnings miss however 9 times out of 10 they will beat on earnings. Would like to see ENPH start to outperform other solar manufacturing companies such SEDG with respect to price action-...
- Currently in a downtrend on the daily chart (50MA below 200MA) but still in an uptrend on the weekly chart (50MA above 200MA). - Support near 54.80. - CAUTION: $10 gap below (between $44.33-$53). CHGG could fall through support near 54.80 and attempt to close the gap near $44.33. - Earnings on Nov. 1st. Could go either way... 50/50. 6-10 Week Outlook: Could...
Hello traders and investors! Let’s see how PLTR is doing today! As we expected last week, it is flying nicely. We see a clear bull trend in the 1h chart, as the red arrow is a trend line that is working as a nice support level for us. We retested this support last Friday, and today we are flying, as expected. Since we went up too much, too fast, there’s a chance...
Monday open, no new gaps We open where we close Lowest gap to go 3750 :)
Overnight gaps, it's a double-edged sword. No surprise here unless you're viewing it using a line chart. Won't re-enter this trade just yet, but will keep it on my watchlist.
SNAP, this has a gap fill to $73. Needs to enter $63 to play out this gap fill. SNAP is currently at $55, long-term price target = $70
Hello traders and investors! Let’s see how SNAP is doing today! SNAP is dropping more than 25% the moment I write this analysis, and it seems nothing can save it. However, even in the most stressful moments, we can use technical analysis to understand the situation. Not by coincidence, SNAP dropped to the $ 57 area, which was a previous support on July this...
Good afternoon folks, Happy Friday! On our hunt for some potential ideas forming this morning, we came across an opportunity in the EUR/NZD. At the moment price seems to have formed a nice higher low and has surged to the upside with a particular degree of momentum. Given that we have such a huge gap away from our 8EMA, I would expect the gap close to be well...
Hello traders and investors! As crazy as this sounds, but after almost one month, NVDA did exactly what we expected. It confirmed our theory about the “ Gap Reversal Ritual ” which we talked about in our last analysis ( link below), and now, it filled all its previous gaps, as we thought (I told you, I’ve never seen this structure failing). It only did one more...
Big falling wedge on FUTU here along with bullish hidden divergence on the RSI, still a bit wary of the broader sector with all the FUD surrounding sector regarding SEC Chair Gensler's comments, nonetheless will certainly be watching for a breakout from this wedge. Additionally has a small gap on the upside to fill from $77.61 to $81.38- just some support and...
Watching PINS closely here- Sold off after earnings, patiently waiting for a good entry- with a catalyst or an increase in buyer volume relative to seller volume should really pop- will be looking for a breakout broader market conditions permitting. Bullish, just some FIB levels along with some RSI-based supply and demand zones to keep an eye on. - Big gap to fill...
Gap to fill also at 40 dollar range, im thinking its possible it could fill that gap, when it breaks down out of the rising wedge
All upper gaps now closed… Now we can close the lowest one?! :D
GAP INC is making wave 2 or b, then goal of wave 3 or c is $110 buy @ level $21 to $23 for big move let see what happen !
Hello traders and investors! Let’s see how NIO is doing today! NIO dropped sharply last week, but it seems we have some reaction now. We started to trade above the 21 ema again, and yesterday we did a pullback to the 38.2% Fibonacci’s retracement area, which is a good thing. Now, the main challenge will be to defeat the $ 36.63. This point was a resistance on...
Hello traders and investors! Let’s see how PLTR is doing today! As we thought in our last analysis, since PLTR lacked stronger bearish structures, it stopped at the gap area, which is working amazingly well as a support level. Now the bias is not bearish anymore, as the 21 ema got flat, and it seems PLTR wants to reverse. The $ 23.97 is a pivot point, and by...
Hello traders and investors! Let’s see how the SPX is doing today! As we mentioned yesterday, the fight is not going to be easy here, and the index lost its support level yesterday, and it filled the gap as we thought. Now we have some new key points to watch. The 50% Fibonacci’s retracement is trying to hold the price for now, and the next retracement is...