As my follower @KingArthur904 requested, here are my insights about NFLX! Well, we have an amazing bull trend here! What’s more, there’s nothing telling me that NFLX will go down. We have not a single bearish pattern here. I see NFLX at 546.45, and I’ll explain why soon. But is there something that could make it correct? Yes. If NFLX loses the 525.12 I see it at...
Hello traders and investors! As we expected, Tesla did an upwards breakout from its Triangle pattern ! Now it is just heading to our target! There are several reasons why I though we were about to see an upwards breakout, even considering that Triangles are continuation patterns, and this means that it should’ve done a downwards breakout to the $ 538 . If you...
Hello traders and investors! Let’s update our thoughts on PLTR today! First, it defeated the $ 25.23 area we talked about last week, but only after it retested the purple trendline one more time. Now PLTR is defeating its resistances, a nd there’re no pullback/reversal signs around. The 21 ema is pointing up, and it is another support level that could hold...
Hello traders and investors! Let’s see how NIO is doing today! First, it is worth noting that it is in a short-term bear trend , because we do have lower highs/lows in the 1h chart. It also defeated the purple trendline, indicating some weakness. Now, NIO found a support around the $ 43.78 and it is bouncing back up. There’s some light in the end of this...
Hello traders and investors! Let’s see how the NDX is doing today! First, it filled the gap 14,160, and it defeated the green line at 14,149, triggering a pivot point . This made the stock fly again, and break new records. The trend is clearly bullish, and we have no pullback/weakness signs around. If it corrects to the 21 ema, we shouldn’t be surprised....
I kind've want to buy a straddle here but it's too late. Was working all day today. Although calls made some money :). I expect a gap up and then down for the day tommorow. Just a gut feeling. By the way that triangle is in afterhours. Feedback appreciated!
MSTR just went down to close a gap, and now it looks like it wants to react. In fact, now is a good time for a bullish reversal, as we are near support levels. The problem is the 20ma, but the 4h chart looks interesting: We hit a support level, and now we have a hammer candlestick trying to reverse the trend. The RSI was overbought, but after today’s drop, it...
"There are currently no clear chart signals. On the one hand, we have the gap at 6.87. On the other hand, we have solid support at 7.50. The following applies: I would like to fill the gap. But that is not a must have. However, if we don't fill it, it acts like a magnet. A break below 7.50 would give an initial signal that the market would fill the gap. We have...
Hello traders and investors! Let’s see how PLUG is doing today! First, we had a Double Bottom triggered in the 1h chart, and the key point was the $ 30.40 – remember this point. What’s more, it did defeat this key point by doing a Breakaway Gap. Now, the technical target is the $ 34.35, but since PLUG is quite far from its 21 ema, pullbacks are expected, but not...
Hello traders and investors! Let’s see how NIO is behaving today! First, in the 1h chart, we have a dual-support level made by the purple trendline and the previous bottom at $ 45.07 (green line). Since NIO is in a bull trend, the odds are that it’ll keep pushing up, and do new higher highs/lows. NIO hit all our targets recently, and now we have another one...
SFIX gapped down strongly on 8 March after earnings, leaving a lot of suffering bulls who had betted on the wrong side of this earning. The stock finally hit a low on 11 May and began it's recovery, cummulating to a strong gap up on 7 June, this time on earnings exceeding expectations. However this gap up was right where the prior gap (down) got filled. Those...
Yes, AAPL has been incredible! It hit our target at 131, and now in the same day it hit our second target at 132 and closed the gap. Now, the 131 is a support for us, and it is close to the 20ma. Since AAPL is a little overbought in the 4h chart, there’s a chance it’ll lose the 131 again and seek the 20ma. Also, we are near a resistance area, and this point...
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...
GOED hanging out in no man's land. I like the climb it's had so far but big question mark as to whether or not it can break through the upper limit on this gap. Open to some thoughts but found this to be interesting: "During the pandemic, home improvement has increased dramatically with more people having the time to spend on it. This helped 1847 Goedeker...
Hello traders and investors! Let’s see how the SPX is doing today! To the untrained eye, the 1h chart seems erratic and unreadable, but if we look carefully, we’ll see that the movements were all extremely technical. First, the index dropped to fill the gap (yellow square at 4,198.77), and it found support over there. Now it did an impressive Tweezers...
Hello everyone. Shanghai composite index has been weak for the past few days. Actually, we recommended clients to take profit last week based on momentum and formation structure. Now, the nearest support zone would be 3503-3496. After the gap being filled, the index might get some momentum to go up. What do you think? give me a like you're with me.
NASDAQ:ZM took out a trend line and has formed a small pennant right above the gap line and the 200 EMA. This is all after a long rounded base from March - June.