Dear Investors, AMD is showing a strong buying signal after good fundamentals this year. this could be your opportunity to invest in a low-risk high-reward trade. you can contact me for more info on why this is a good trade & give you a strategy on how to manage this trade and close it in the best scenario possible. you can check my old trades too to get an idea...
Nasdaq is posting the 3rd bullish leg inside the Channel Down pattern on the 1D time frame. It is about to hit the MA50 (1d), above which all prior Lower Highs have been priced near the 0.786 Fibonacci level. The medium term trend remains bearish until this level gets broken. Trading Plan: 1. Sell on the current market price. 2. Buy if the price crosses over the...
Link to chart: www.tradingview.com Lots of HTF (higher time frame) zones to look out for. Strong bullish move from 14000s to 15000 in a few days. News events this week are potentially moving the market AND hitting a key support zone within the last week. If we can push in the upper 4hr supply above 15040 or so, it would be nice to break out of the 4HR...
did we hit the bottom??? lets see how will this play out...
Nasdaq (NDX) has a strong rebound near the 1D MA200 (orange trend-line) last week, which formed the latest Lower Low at the bottom of the 3.5 month Channel Down. Ahead of today's Fed Rate Decision and Friday's Nonfarm Payrolls, it is important for investors to see the index holding the 1D MA200 as Support, as it will provide the technical backing for at least a...
Welp my average buy in is $0.43, CEO hugged biden or something thought it was a safe punt at $0.70 after 99% draw down lol. Down more then I would like to admit on this one, but still only 5% of trading account....not ideal of course. Lets see what happens. Will sell before year for tax loss. Not Advise, good luck.
Nasdaq is trading inside a Channel Down since the July High and is naturally on bearish 1D technicals (RSI = 39.169, MACD = -233.06, ADX = 37.454). This is a buy opportunity though as the price is rebounding today after making a LL bottom almost on the 1D MA200. That is a long term Support level, being unbroken since March 13th. The second bottom indication is...
Psychology of the market cycle And what do you think we're going to do now???
Been shorting for a month, adding more. lets see what happens, target 200 MA.
Nasdaq / US100 is trading inside a Channel Down since the July 19th high. Today the price not only touched the bottom of that Channel but is about to test the 1day MA200 for the first time in more than 7 months. As the 1day RSI is on the same level as the Channel's previous two Lows, this is technically the best buy opportunity on a quarterly basis. Buy and...
Elon Musk still sees danger ahead for the US economy if the Fed does not contain the regional banking crisis. Financial blog Zero Hedge previously tweeted about the critical role of small and medium-sized banks in the US financial system — a hot topic following the sharp collapse this month of Silicon Valley Bank, a technology startup lender and the first bank to...
NQ - Daily - 14350 This is supply and demand to the tee on the NQ daily. You can see 4 days of resistance before price gapped up 580 points before pulling back. We are now retesting this area. After a demand that large, we are bound to see some sort of interest in buying within this area (theoretically). If we are to bounce on NQ, this is likely the area we'd...
Nasdaq (NDX) gave us a low risk sell trade last week (see chart below), where after taking the loss on the Channel Up bottom buy, we reversed to selling on the break-out and hit 14530: Standard 'buy low, sell the breakout if invalidated' approach that aims at assuming low risk near supports/ resistances and high return when those break. This sell-off brought...
NASDAQ:QQQ continues to weaken; I am short with various entries in the yellow box. Now that NASDAQ:QQQ has established a newer "lower-low" it may rally a little; but it is overall short. As such I'll be considering $374 as the top of my new box with $368 as the likely resistance zone to press these shorts. I think we'll see a run on that resistance zone by...
There are looming risks that could "break" the US economy and end its current growth cycle. Third-quarter GDP estimates are tracking above 5% and the US economy has added more than 2 million jobs year-to-date. But there are three looming risks that could "break" the stock market and economy and end its current growth cycle, according to a Tuesday note from Ned...
Nasdaq (NDX) has completed a Bullish Cross between its 1W MA50 (blue trend-line) and 1W MA100 (green trend-line). Even though it's not a Golden Cross, on the 1W time-frame it attracts particular importance as the last time we saw this bullish signal was more than 13 years ago (February 08 2010) in the (sharp) recovery process after the 2008 Housing Crisis. The...
A new swing high was formed... Expect more downside this week