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,...
Nasdaq's unexpected drop in Momentum suggests further choppiness ahead and sharp moves in either direction should be met with skepticism. If this wave count is correct, we're in a double 4 which corroborates the aforementioned forecast for price action. Sharp movements to the upside should find strong resistance at the Fibonacci extensions whilst downside...
Uptrend wedge break down + revisit. Breakaway Gap Crossed below SMA13, SMA50 RSI Divergence OBV<OBV SMA34 W%R crossed -50 Short 56 Stop 64 Target 43 I am not a PRO trader. I trade option to test my trading plan with small cost. The max Risk of each plan is less than 1% of my account. If you like this idea, please use SIM/Demo account to try it.
Hello traders and investors! Let’s see how Tesla is doing today! First, in the 1h chart, it is behaving as we thought it would in our last study. The support level around the $ 708 worked until a certain point , but now Tesla lost it. So, what’s next for it? It seems the $ 693 is another support level to work with, and if lost, hardly Tesla would hold...
Hello traders and investors! Let’s see how AMC is doing today. In our last study, we discussed the Triangle pattern, along with the targets and strategies to use here, and AMC did exactly what it was supposed to do. If you missed our previous study, the link is below. First, in the 1h chart we had an upwards breakout from the Triangle and it hit the next...
You can see that ES has broken down from up wedge and I got a really good entry. I love a perfect entry, making you feel good from the start. Exit though is harder. Once entered it is difficult to get exit. You want to hold on as long for possible and get most out of this as you can. Generally the longer you stay in the better (timeframe dependent) but alway...
Last week right after the Asian market open, the weekend gap was filled, our $1440 Decision Point level was breached and it went up to the moon. There were no sign of weaknesses yet, bullish momentum was strong on each upward push. Today the market was opened with a gap up again and as I am writing this, there is no sign of reversal yet; therefore we stay put and...
AMD pushing strongly toward the resistance line that was tested multiple times + we corrected for a lot of time. If we will get breakaway gap, that will signal the beginning of a new leg up (at least for the short term). If the volume increases it will be superb. Like it to see later how it played out. As always diversify. Also, earnings are soon...
I remember seeing this move live in real-time when it happened. It was amazing! Thought of doing a study case of this pattern. The chart is self-explanatory. First, you wait for the first part of the pattern to happen ----> Huge gains + Huge Volume Second, you watch it does the first pullback, and keep an eye on the HIGH. Third, when the stock is making...
Hello traders and investors! Let’s talk about Tesla today! It’s been a week since our last study, so we have a lot to update! The link to my previous analysis is below this post, as usual. First, in the 1h chart, Tesla filled an open Gap around the $ 777 and now it is dropping again. We have a short-term bear trend, as since the $ 777 Tesla has been doing...