Watching JWN closely here especially with the expected acquisition news- Personally am bullish and will be watching closely for a breakout (Broader Market Conditions Permitting). Just some FIB levels and RSI-based supply and demand zones to keep an eye on- - Possible cup & handle forming - Bull-flag on JWN's yearly chart - Gap to fill on the upside
Hello traders and investors! Let’s how AMD is doing today! It just did what it should’ve done, and it is in a short-term bull trend, as we have higher highs/lows. The 21 ema is pointing up, and there’s not a single pullback/reversal sign around. The moment to buy AMD was at $ 106.07, as I warned you last week ( link to my previous analyses below this post), and...
Hello traders and investors! Let’s see how TSLA is doing today! Ok, we overestimated the bears here, and the pullback to the $ 695 as we expected didn’t happen (we missed by only $ 2). But TSLA is not in a strong bull trend anymore. It is still a bull trend, but since we lost the purple trend line the movement is starting to look more like a congestion...
Hello traders and investors! Let’s see how NIO is doing today! Yes, NIO is giving us early signs of reversal, as we thought in our last analysis. Now it is dropping, but is there any reason to panic? Let’s see. The $ 39.62 seems to be a resistance for NIO, which made it drop again to the 21 ema, and it might even retest the $ 37.89, the first pivot point that...
Hello traders and investors! Let’s see how the SPX is doing today! First, in the 1h chart, we see that it just retested the 4,480 , which is the key point we’ve been mentioning for a while, and now it is trying to react. As long as it keeps above this red line and the 21 ema, the index will keep trending. In fact, since we have this red line and the 21 ema, we...
Referring the left side chart only This is an hourly chart of SNAP backtested using my Script: " Relative Volume Strategy " From backtested trades, we got stopped out two times in a row in this 70-75 price range. Still, this proves to be a significant price area. The win-rate with the default settings is approx. 35%. Odds of winning next time should be in our...
Snap rallied hard one month ago following strong quarterly results. Now it may be ready to move again. Notice the bullish gap on July 23 after the social-media platform’s profit, guidance, traffic and revenue beat estimates. SNAP has barely filled any of that gap, which indicates sellers are few and far between. The stock also held its early-July peak around $70,...
Big falling wedge on MU with a gap on the upside to fill, will be looking for a breakout from here- Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones PT1- $72.20 PT2- $74.79 PT3- $76.05
Hello traders and investors! Yes, TSLA hit our target at $ 714.64 with astonishing precision, and now it is just doing a sideways correction. This is expected, and a pullback to the $ 695 or to the 21 ema area is expected, and this wouldn’t ruin the bullish momentum . It only would give another buy opportunity. By defeating the $ 714, the next stop is the...
TAL offers a nice risk reward ratio currently. I am certain Bulls will take the opportunity in the next weeks. Gap fill possible over long term until $18, but with readjusted stop loss!
Hello traders and investors! Once again, the SPX is doing a fantastic movement, and this is not a big surprise for us at all. The index gave us many buy signs before the ATH, and we talked about all of them in my previous analyses (links below), but let’s recap: 1st) Hit the dual-support area made by the purple trendline and the red line at 4,369; 2nd)...
Hello traders and investors! Let’s see how NIO is doing today! We have an important bullish structure in the 1h chart, and this could make the difference for the short/mid-term. NIO is triggering the bullish pivot point at $ 37.89 , and if we close above it, we’ll see something new, something NIO hasn't done since it started its fall from the $ 46 area. We...
Hello traders and investors! Let’s see how AMZN is doing today! Yes, AMZN didn’t trigger any meaningful buy sign in the last few days, since our last analysis, but today’s movement is interesting. We had a Breakaway Gap , and it seems AMZN is trying to fill the gap at $ 3,290.30 . It might even hit the previous top at $ 3,299.65. The problem is that we have...
TME seems to found his support. Godd time to slowly buy in. Watch the price action and buy step by step. I expect we can fill the gap over the bigger time frame.
Hello traders and investors! Let’s see how the S&P is doing this Friday. The signs are good, and the index is bullish for sure. Today it triggered the Piercing Line pattern we talked about yesterday, and it reinforces our bullish thesis. It wasn’t only a Piercing Line pattern, but a pattern that appeared just above our dual-support level made by the purple...
Fundamentally the company reported on making a profit! We are in the strong support lvl If I did correct correction wave ABC, we can't go lower the 1st wave high top. I go 1% from my deposit on LONG
Hello traders and investors! Yes, the index hit our target at the purple trendline in the daily chart, after it lost the support levels we mentioned yesterday. My previous analysis is public, and the link to it is below. What’s interesting is that it not only hit the purple line, but the index also filled its gap at 4,369.87 (red line, yellow square),...
Hello traders and investors! Let’s see how the SPX is doing today, and I’ll update the next key points we must keep an eye on from now. As we can see, the 1h chart is pretty messed up. We did a new record high two days ago, and then the index crashed, did a Breakaway Gap and it lost the support at $ 4,437. Now we are retesting the 21 ema as a resistance, and...