Hello traders and investors! Let’s see how NIO is doing today! First, NIO defeated the purple trendline , breaking the bear trend seen in the 1h chart. But there is no bull trend yet , as we have no higher highs/lows. But we have a pivot point at $ 34.15, and if defeated, this will be the beginning of a new bull trend in the 1h chart, which could spread to...
Hello traders and investors! Let’s see how SNDL is doing today! Since our last analysis, it didn’t move much, but on the bright side we still have some good stuff going on here. Let’s talk about it. First, it seems the support level around the $ 0.95 is working as a nice support level, indeed, as we already expected weeks ago. It did a good sign on April 8,...
Hello traders and investors! Let’s see how Tesla is doing today! First, in the 1h chart, we see that Tesla is engaged in a bull trend , as it is doing higher highs/lows since the end of the last month. The recent drop could be seen just as a pullback, and to be honest, Tesla could’ve dropped to the black line at $ 659.50, filling the gap at the yellow area,...
Hello traders and investors! Let’s talk about NIO today! This stock dropped a lot in the past 2 months, but is there any reversal sign ahead? As a matter of fact, yes, and I’ll present you the key points to watch. In our last study, last week, I explained to you why I didn’t believe that this sell-off on NIO wasn’t real, and I really recommend you read my last...
Hello traders and investors! AMC is doing some very interesting and technical movements recently. Since our last analysis, it did a downwards breakout from the Trap Zone , and it hit our target today. The link to our previous public study is below this post, as usual. Now, AMC hit our target and it is near a support area . In the 1h chart we have the $ 9.93...
IRESS is another software company listed on the ASX where it is a provider of financial data and markets as well as asset management. Unlike the recent boom in tech stocks IRE has trailed behind and has not recovered to pre pandemic evaluation. However there may be something we don't know that could make IRE a potential buy. Recently (As off the 22nd of Feb) a...
GEVO first broke decisively out of it's long term base (with resistence @ 4.90) on 12 Jan this year and never looked back since. The price has since more than doubled to $12 today. However it is still early days yet as this is another stock with the hallmarks of a multi-bagger (patience!). It hit a high of 14.50 last week and then consolidated to a low of 9.82 3...
D1 : Yesterday's price action triggered an "Harami" pattern which is showing some uncertainty and indecision. Moreover, the closing price coincides exactely with the level of the top of clouds support zone ! That is why, today's price action will be decisive for further development on price action next week. In addition, today's is even very...
Hello traders and investors! Ok, so the SPX did what it should’ve done, and this is very good. Let’s see what’s going on here. The index lost the 3827, and it hit precisely our target yesterday, as we discussed in my previous analyses (if you missed, I’ll leave the links below, as usual). Today, the index found a resistance at the 3827, which was the previous...
Hello traders and investors! Let’s see how PLTR is doing today! First, the hourly chart looks quite bearish, and right now, it is retesting the 21 ema, which is falling too. But we have this pink line, which is a support zone that could hold the price. The volume is starting to increase again, which is a good sign, and today’s first candlestick could be an ...
Hello traders and investors! Let’s study NIO today! As we discussed in my last analysis (link below, if you missed it), the g reen line at $ 43.83 is an important support level , and it is still holding the price. This makes this support quite strong, and as far as I know, the Risk/Reward ratio is usually very good near support levels. We have a new pivot...
Hello traders and investors! Let’s see how NIO is doing today! Well, in my last analysis I was looking at a Harami pattern, that could help NIO resume the bull trend, but the pattern was frustrated, and I think it is easier to quote myself here: “ But if NIO loses the Harami’s low, meaning, the $ 44.70, there is no other support before the red line to hold the...
Hello traders and investors! Let’s see how NIO is doing today! First, it failed in defeating the Dual-Resistance zone we discussed in my last analysis, and it seems it felt the purple trendline again today, and it lost the green line, frustrating this Pivot Point , which was triggered yesterday. Now NIO did a Harami candlestick pattern , and if...
Hello traders and investors! NIO is dropping today, let’s see what to do next. As we discussed in my last analysis, NIO has a support at the green line ($ 45.28), and now, the 21 ema is there to hold the price as well. The link to my previous analysis is below, as usual. At this point, the price attracts buyers, who are willing to buy near a support level, as...
Why sell? Bearish butterfly Preceding 0.618 triangle Bearish hidden divergences Harami candlestick pattern (Inside-Bar) Good luck to everyone trading Bitcoin!
Harami p-attern noticed followed by doji, indicating uncertainty in bulls. It might touch 430ish. Setup - Short @495-490 Stoploss @512 Target @437 For educational purpose only, trade at your own risk.
TSLA hit a high of 1795 on 13 July before going into consolidation for the past 3 weeks. It found support at the 50% fib retracement @ 1355 and have since traded in an range mostly between 1412-1530 in the past week. Today it appeared to be forming a bullish Harami pattern. We could possibly begin to Long now @ 1480 with initial stop @ 1409 (a few ticks below...
Nasdaq has been trading within a rising channel for the past 3 months, it came down to test the channel support @ 10300 last Friday before closing higher at 10459. There is no compelling bounce yet except that it looks like a bullish Harami pattern could be in the works. We could have a clearer picture after today. If we can have a close above 10568 within the...