Hello traders and investors! Let’s see how the tech index is doing today! First, in the 1h chart, it looks like we found a ceiling . The white area is a resistance level, and given how the index performed recently, I wouldn’t be surprised if it does a pullback to the 21 ema again. We just defeated the 13,430, indicating that the short-term trend is bullish, ...
Hello traders and investors! Let’s see how the markets are doing today! The SPX is doing a fantastic reaction, and if it defeats the 4,183 it’ll be a good sign, and it might retest the ATH again . But since it went up too fast, pullbacks are expected , and the index could drop to the 21 ema again, and this wouldn’t be a problem. The area around the 4,183...
Not sure if we can rally another 300 points today, but there is always that possibility. The more likely scenario is that we come back down and fill the gap from yesterday as seen on the NDX
SPY gapped down huge but buyers stepped in and we saw it make a recovery during the day. The downward channel hasn't been broken yet and the price action the next couple of days will tell us which direction we are headed. -Price still in downward channel -A breakout of channel = Bullish move -Rejection of channel = Another gap down and selling -Increase in...
AAPL filled a gap at 123.06, and it is doing a rally now. The 124.78 is another gap, that is a resistance now, so, AAPL is supposed to have a hard time in this area. If it breaks the 124.78, it'll confirm our long thesis, but for now let's keep the 4h chart in mind. AAPL broke the 124.43, which is a nice buy point after it filled a gap. The confirmation will...
ET formed a bullish A&E formation and broke above the neckline on strong volume on 7th May, creating a breakaway gap often seen at the early stage of a sustainable trend. It then pull back to retest the neckline before rebounding again (another classic breakup and retest to shake out the weak bulls). Long with initial stop loss below the neckline @ 9.28. Trail...
FINV retraced about 50% from it's major swing up before finding support around the 50% fib retracement level. There is also a horizontal support zone there 5.78 - 6.24, created from horizontal resistance turned support (apparent on wkly chart) and a large Gap up on 11 March (that is not being filled during this recent plunge) Note that as a $6+ stock, it is a...
It is pretty clear that Palantir is not a stock for quick profit. Its CEO also said this. It is not a 100m run, but it is a marathon. In my pinion we are in the middle of a strong rebound, also seen the volumes of the latest trading days. The first target could be the 24$ area, which is the projection of the small falling wedge (in red) , broken with huge...
Hello traders and investors! Let’s talk about Tesla again! After it lost our Triple-Support level, it denied the bullish thesis we discussed last week. But what it is supposed to do now? TSLA just filled a gap in the 1h chart, and anything good that it could around here, would be great. But so far, we have no confirmation of any reversal sign. The trend is...
Today's movement was pretty precise and technical. In our last Nasdaq 100 analysis, we already figured out that it would fly today, thanks to the advanced breakout, a rare event that usually gives good trades. Now that it filled the gap, it could go anywhere, but we must watch the 13,676. Anything below it will mean the index will have a hard time. Meanwhile, the...
Hi Tradingview community! Per our last analysis, we identified the strong divergence on price x RSI, and Tesla is about to confirm our bullish thesis. We have an inverted head and shoulders in the H chart. If TSLA break the 683.45 it'll most likely reach our target (gap at 733). Tesla is looking good, my dears! Let's watch the 683! If you liked this trading...
Hello Tradingview community! We don't have any confirmation on the price yet, but we have a double bottom on the RSI, a good divergence as the price is falling, and we have an advanced breakout from the previous top on the RSI. This could antecipate a rally to the 39.50 (there's a little gap around here that could be filled), the 50% fibo retracement in the D...
Hello traders and investors! Let’s see how AAPL is doing today! Since last month, when we were discussing the reversal patterns AAPL was doing, our view was clearly bullish. Now that it went from $ 120 to almost $ 140, what’s next for it? Well, in the 1h chart we have again some nice reversal patterns. Apple is doing higher lows , and if it breaks the blue...
Hello Tradingview community! We have a RSI/price divergence on MSFT. If it breaks the 249.5 the gap at 261 is the next stop. The risk-reward ratio is very good! It is sitting right above the support area in the 1D chart too. Good luck! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree...
Hello traders and investors! Let’s talk about Tesla today! Ok, Tesla materialized the worst-case scenario we talked about in our last study ( link below this post), and now it is trying to bounce back, as expected. We discussed that this is as far as Tesla could go in the short-term, and now Tesla is almost triggering a bullish structure, or a pivot point ,...
Hello dear community! Tesla has a RSI divergence intraday, above a support level in the 1D chart. This could make Tesla fill the gap at $ 733! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
TWTR gapped down after announcing earnings and traded down to it's long term trendline support and appears to be holding well here. Opportunity to long it (wait for a break above 55.72 to ensure enough momentum to the upside) with initial stop loss $1 below its recent pivot low of 52.60 Looking to take profit around 65 where it fills the recent...
Hello traders and investors! Let’s see how the SPX is doing today! The index is dropping a lot, but maybe it is not the end of the world ( at least not yet ). The thing is, in the 1h chart the index did a breakaway gap , breaking the previous support level at the red line. This usually indicates a strong movement ahead, and the next target is the 4,119 area,...