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Support Becomes ResistanceBitcoin notched the 80K lower level. Once it found a support on the 60k-65k level, Bitcoin started an awkward rally towards the 70K range. It was able to knock at the lower level of the 80K range, in the chart we spotted the previous support that became resistance. Support becomes Resistance on the way up. At this point those who were trapped at the 80k level broke even and those who started a position in the low 70K took profit. That’s why this level became a resistance. It’s an uptrend in the daily. Now the higher timeframe has to confirm it. In the Weekly chart there is still bear presence. The sentiment went from bearish to neutral. After this resistance it is expected that Bitcoin will retest the mid to low 70K range. If it is able to find a solid floor it will jump above the 82K level. It is very likely since it gained momentum at the 60K level, which proved itself to be a solid support. Word of Warning Only in a very catastrophic event where Bitcoin would close below 60K it would go way low to the 40k level. So 60k becomes the line in the sand.
COINBASE:BTCUSDLong
by Madrid
Chevron Squeezes Near Old HighsChevron has been squeezing near previous highs, and some traders may see further upside. The first pattern on today’s chart is November 2022’s record peak of $189.68. The oil-and-gas giant paused below that level before breaking out last March. CVX pulled back near it without a significant move below. Is old resistance becoming new support? Speaking of support, the stock has bounced multiple times at the mid-February low of $178.75. Third, long-term simple moving averages (SMAs) moved into a potentially bullish sequence in January. (The 50-day SMA moved above the 100-day SMA. Both are above the slower 200-day SMA.) Next, Bollinger Band Width compressed in December and early March. Rallies followed both times. (See the yellow arrows.) Finally, the current range is potentially turning into a bullish inside week versus the May 4-8 period. That can suggest a pullback is ending. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. Learn more here about TradingView’s Broker of the Year! Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:CVX
by TradeStation
Excellent Profit opportunities on GoldAs discussed throughout my previous remarks: 'My position: Gold delivered upside extension due Fundamentals (most probably due Trump's speeches throughout the session) and invalidated Intra-day's Selling potential however as it was too aggressive, I didn't re-Sold Gold all the way towards Hourly 4 chart's #4,748.80 which delivered instant reaction to the downside and I continued Selling from there. I didn't used #4,682.80 re-Sell zone throughout yesterday's session as Gold was soaring aggressively. Keep in mind for today's session I still do expect Gold to lose value, Selling is possible now from #4,705.80 re-Sell limit also from #4,727.80 (big Sell limit) and if #4,682.80 gives away to the downside, Gold will fill #4,652.80 benchmark within #1-Hour's time. Trade with caution as Fundamentals can distort Technical trends anytime in such sessions.' My position: Gold delivered spectacular re-Sell opportunities as I announced that it will be delivered and if you Sold Gold throughout yesterday's session as per my advice to do so, you would be in excellent Profits. I do expect Selling action to continue today (of course without new Fundamental developments and escalations which can distort Technical trends) as I plan to re-Sell Gold after #14:00h from either #4,697.80 re-Sell limit or #4,705.80 or above (Gold faces wall of Resistances within #4,705.80 - #4,714.80). My position: Gold is so far delivering excellent Selling opportunities as I announced that Gold should be Sold on each commentary I made this week and Traders who Sold Gold this week are in excellent Profits. I was Trading and utilizing #4,672.80 - #4,707.80 Neutral Rectangle Buying Low, Selling local High’s however as DX continue rising I have waited for #4,672.80 break-out to the downside (#4,667.80 to be more confident in break-out) where I Sold Gold hard there and I knew today’s session will be heavily Bearish as well, closing set of Selling orders on #4,652.80 benchmark last night (ahead of Asian opening). As I saw that Gold invalidated #4,652.80 benchmark, I have Sold Gold on #4,648.80 and closed my orders on #4,627.80 Support in extension. Also, today’s re-Sell orders of #4,561.80 and #4,571.80 delivered excellent results as Gold will continue the decline as long as we are Trading below #4,582.80 Resistance. Traders who had Selling with me, taking the advice to Sell seriously are in excellent Profits. Keep Selling Gold!
OANDA:XAUUSDShort
by goldenBear88
Bearish breakout from consolidation?Aussie (AUD/USD) could rise towards the pivot, which is an overlap resistance, and could reverse towards the 1st support, which is also a pullback support. Pivot: 0.7215 1st Support: 0.7150 1st Resistance: 0.7260 Disclaimer: The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party.
Short
by IC Markets
Are Drone Stocks About To Soar? Today we saw ONDS make a blistering rally. Now looking like it wants to breakout and possibly go to new all time highs. Many of the drone companies are very speculative in nature and should be traded accordingly. However there are some diamonds in the rough that have solid revenue pipeline developments that could prove to be strong investments over the next 3-5 years. Drones are a high momentum thematic trade that when they run they can go parabolic. A company that I think is now trading at a discount is KTOS (Kratos) - I think they could be a likely buyout candidate over the next couple years.
NASDAQ:KTOSLong
by Trading-Capital
BTC/USD — SELL Setup Incoming🚨 BTC/USD — SELL Setup Incoming 🚨 📊 1H Timeframe Analysis 💰 Current Support Zone: 80,45200 BTCUSD is approaching a strong support area where buyers may step back into the market Price action is showing signs of a possible bullish reaction after the recent pullback, and momentum could shift upward if support holds. 🟢 SELL Setup Idea Watch for confirmation candles and bullish momentum near the support zone before entry. 🎯 Technical Targets: 🥇 1st Target: 79,96100 🥈 2nd Target: 79,59200 🥉 3rd Target: 79,19500 ⚠️ Risk Management is Key Always use proper stop loss and lot size management before entering any trade. 📌 Market Structure: ✔️ Strong support reaction zone ✔️ seller expected near current levels ✔️ Potential bullish continuation setup ⏰ Timeframe: 1 Hour (1H) 🔥 Trade smart & stay disciplined! ❤️ Like • 💬 Comment • 🔄 Share • ➕ Follow for more setups
COINBASE:BTCUSDShort
by MoreExpertAnalysis
2
BTCUSD: 1H Channel Down starting bearish wave to 78,400Bitcoin turned bullish on its 1H technical outlook (RSI = 64.758, MACD = 367.900, ADX = 42.100) as it had a strong rally today, which technically is the 2nd bullish wave of the 1H Channel Down. That wave seems now to be completed and with the 1H RSI rejected within overbought levels, the new bearish wave should start. The previous two declined by -4.40% and the latest on the 1.118 Fibonacci extension even, which gives a TP = 78,400 that potentially can test the 4H MA200. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BTCUSDShort
by InvestingScope
Technical Analysis of PSX Stock Index KSE-100 on 1-Hour TimeframTechnical Analysis of PSX Stock Index KSE-100 on 1-Hour Timeframe By The Chart Alchemist Market Structure Overview The KSE-100 Index was previously trading in a strong bullish trend and successfully achieved an all-time high near 190,800 points. Following this historic high, the index underwent a significant breakdown below a major structural support level, which now serves as the primary resistance zone around 182,000 points. This breakdown also resulted in the index moving below its previous upward trendline, indicating a shift in overall market structure from bullish to bearish behavior. --- Stopping Action & Upward Reversal After the bearish decline, the index formed a notable stopping action around the 144,700 points level. From this region, the market witnessed a sharp upward reversal, signaling temporary strength and aggressive buying interest from lower levels. However, despite the strong rebound, the subsequent upward movement has remained relatively sluggish and unstable. Multiple bearish pullbacks during the recovery phase indicate that bullish momentum remains weak and unconfirmed. --- Current Price Behavior & Trend Assessment The entire recent price structure — currently marked within the light blue channel — appears to be behaving as a corrective pullback toward the previous breakdown level rather than the beginning of a confirmed bullish trend. Although the index has recovered substantially from the stopping-action zone, the broader market structure continues to lean bearish unless major resistance zones are decisively reclaimed. At present, price action suggests that sellers are still active near higher levels, while buyers have yet to establish sustained dominance. --- Bullish vs Bearish Confirmation The market is currently trading at a critical decision zone. If the index falls below and sustains under the critical support level of 158,530 points, the broader structure should be considered properly bearish, with increased probability of further downside continuation. However, as long as the index remains above this critical support, there is still a possibility that the current pullback structure may eventually transform into a larger bullish recovery trend. For bullish confirmation, the index must decisively break and sustain above the major resistance and previous breakdown retest zone near 182,000 points. Until then, the current recovery phase should be treated cautiously as a potential bearish pullback rally. --- Important Technical Levels Support Levels Immediate Support: 164,320 points Secondary Support: 161,200 points Critical Support: 158,530 points Resistance Levels Immediate Resistance: 172,200 points Secondary Resistance: 175,000 points Main Resistance / Previous Breakdown Retest Level: 182,000 points --- Technical Outlook The short-term structure of the KSE-100 Index remains neutral-to-bearish on the 1-hour timeframe. While the market has shown recovery from the stopping-action zone, the inability to produce strong impulsive bullish continuation reflects underlying weakness. The coming sessions will remain highly important, particularly around the critical support and major resistance regions, as they are likely to determine the next directional move of the market.
PSX:KSE100
by THE-CHART-ALCHEMIST
GBPUSD is slightly down, but market conditions remain positive!From a technical perspective, the price is currently moving within an ascending wedge, and I expect this trend to persist, with a target of around 1.365. The price is following the established price channel, and the level of 1.365 could act as a crucial point, where the price might either pull back or continue its upward movement, potentially leading to stronger momentum. However, if the price breaks decisively below the trendline, this would invalidate the bullish outlook, indicating that the uptrend could stall or even reverse in the short term.
Long
by Helianaa_
1
Potential Double Bottom Breakout SetupThe market is currently developing a potential double bottom formation, with the neckline zone acting as the key resistance area aligned with the supply region. A confirmed breakout above this level would significantly strengthen the bullish outlook and could trigger a major upside expansion for the coin. The projected target for the setup is highlighted on the chart, while the demand zone remains an attractive buying opportunity should price revisit the area before continuation.
MEXC:COLLECTUSDT.P
by weslad
AUDNZD: Up to 800+ Pips Selling Zone, One Not To MissDear fellow traders, The AUDNZD has been in a strong bullish impulse pattern on the daily timeframe demonstrating bulls’ dominance in this rally. However, over the last week or so, we’ve seen an exhaustion point on the chart. Price has failed to show strong bullish behaviour compared to its previous performance. This suggests bears might take control and ultimately drive the price to our take profit levels. Consider entering at the given selling zone with strict risk management and set your target according to your own risk management strategy. If you enjoy our work, please like and comment for more analysis! The Setupsfx_ Team
Short
by Setupsfx_
51
GBPJPY 4H BUY — Sellside Liquidity Sweep into 4H Demand OBGBPJPY has been in a clear bullish structure on the 4H timeframe — printing a BOS after accumulation in the 207–210 range and displacing aggressively into the 216.00+ supply zone. The current bearish move is not a trend reversal; it is a deliberate institutional retracement engineered to accomplish two things: sweep the resting sellside liquidity at the $$$$$ level (209.16–208.86) and reprice into the unmitigated 4H demand OB below. The $$$$$ LIQUIDITY pool visible on your chart represents equal lows — clusters of retail stop-loss orders sitting just below that level. Smart money algorithms drive price into these pools to fill buy orders at discounted prices before sending price higher. The 4H OB zone (207.09–208.86) is the institutional origin block of the prior BOS leg — it has not been revisited since price broke away, making it unmitigated and high-probability for a reaction. The ascending trendline converging with the OB zone around 207–208 adds a third layer of confluence. Three-point confluence setups — liquidity pool + demand OB + trendline — are among the highest probability SMC entries available on the 4H timeframe. The wide pip risk (~206 pips) is the trade-off for this being GBPJPY, which is a volatile cross pair with larger average candle ranges. Once price sweeps the $$$$$ level and a bullish CHoCH is confirmed on the 1H timeframe, the entry is triggered. Targets are the internal range equal highs at 212.76–213.01 (TP1), the prior BOS area at 214.08 (TP2), and the full return to the strong high at 216.00+ (TP3). Macro tailwinds support this — GBP has been broadly strong in 2026 while JPY weakness persists under the wide rate differential. Full trade levels Entry zone ($$$$$ liq + OB top) 208.86 – 209.16 Ideal entry (mid-OB after sweep) 208.86 — limit order Stop loss (below OB + trendline) 206.80 Take profit 1 (internal range / EQL) 212.76 – 213.01 Take profit 2 (prior CHoCH / BOS area) 214.08 Take profit 3 (strong high / ERL) 216.00+ Move SL to break-even after TP1 hit (212.76) Key things to understand about this specific setup: The three-point confluence is what makes this high probability. The $$$$$ liquidity pool, the 4H demand OB, and the ascending trendline all converge in the same 208.50–209.16 zone. That's rare and clean — it's exactly the kind of area institutions defend aggressively. The biggest mistake traders make on GBPJPY — entering too early. You're currently at 211.94 and the entry is ~280 pips away. Do not chase. GBPJPY can absolutely keep dropping another 300 pips without warning — it's one of the most volatile pairs in forex. Set your limit order, set an alert, and walk away. The wide stop (206.80) is not optional. GBPJPY regularly wicks 100–150 pips in a single 4H candle. A tight 50-pip stop will get hunted before price ever moves in your direction. The R:R still works at 1:4.4 on TP3 even with the wide stop — just size down accordingly so the 206 pip SL only risks 1–2% of your account. Macro alignment is ideal here — GBP strength + JPY weakness is the dominant 2026 theme, so the fundamental current is behind this trade.
Long
by thefxmbrand
NIFTY SENTIMENT ANALYSIS FOR 15/05/2026WHY MOST TRADERS MISREAD BULLISH MARKETS 🔮📈 A market can: • feel overbought • look risky • carry bearish sentiment …and still continue trending higher. Why? Because markets are driven by: ⚡ Structure ⚡ Leadership ⚡ Time ⚡ Sector Rotation —not emotions. ## Key Structures for Today: Opening Price: **23745.45** Above this structure: → **23857** → **23969** Weakness Zones: → **23689** → **23633** ⏰ Anchor Timing: **11:45 AM** If leadership stocks sustain strength around these structures, momentum expansion can accelerate aggressively. ## Sectors Carrying Strength: ⚡ Leadership / Large Caps ⚡ FMCG ⚡ Selective Momentum Counters This is where most traders fail: They watch candles. Smart money watches participation. When: ✅ leadership stocks align ✅ sectors rotate together ✅ time activation confirms ✅ price sustains above structure …the market often trends much further than expected. Bullish markets usually climb through disbelief. This is not random movement. This is organized expansion hidden beneath psychology. Most traders react to price. Few decode intention before price moves.
NSE:NIFTY
by RaviRoushanSrivastava
Why Most Crypto Traders Misread Support and Resistance?Support and resistance are the most talked-about concepts in trading. They are also the most misunderstood. Most traders treat them like walls. They are not walls. They are zones where decisions get made — and if you treat them like exact lines, the market will punish you for it. Lines Are a Lie The first mistake is drawing a single line and expecting the price to respect it to the pip. Markets are not that precise. Price is driven by human decisions — entries, exits, stop hunts, liquidations. Those decisions happen across a range, not at one exact number. When you draw a thin line and wait for the price to tap it perfectly, you will miss trades, get shaken out, and constantly feel like the market is "cheating" you. It is not cheating you. You are just using the wrong tool. The Zone Approach Changes Everything Every support or resistance level should be treated as a "zone with depth". Look left on the chart. Where did price stall, reverse, or consolidate? That cluster of candles tells you the zone. It might be 200 points wide on Bitcoin. That is normal. That is real. When price enters that zone, you start watching for reaction — not before, not after. Inside the zone is where the story gets written. Old Resistance Becomes New Support — But Not Always This is the concept every beginner learns and every intermediate trader over-applies. Yes, flipped levels are powerful. But they do not work blindly. The flip only matters when price breaks the level with "strong momentum and closes convincingly" beyond it. A wick through a level is not a break. A slow grind through with no volume is not a break. Traders see the textbook setup and skip the confirmation. That is where accounts get hurt. Volume Confirms What Price Suggests Most traders draw levels using price alone. That is half the picture. Volume tells you whether a level actually mattered. High volume at a previous price range means real participants made real decisions there. That zone carries weight. Low volume at a level means it was passed through without conviction — and those levels rarely hold. "Volume-backed zones" hold. Price-only levels are guesses dressed up as analysis. Context Is the Variable Everyone Ignores A support level in a downtrend is not the same as a support level in an uptrend. The same zone can be a high-probability long setup in one context and a trap in another. Where is the level sitting relative to the higher timeframe structure? Is the price in a range or a trend? Is there a liquidity pool sitting just below that support, waiting to get swept? These questions separate traders who use support and resistance as a real edge from traders who use it as decoration on their charts. The Key Takeaway Support and resistance only work when you stop treating them like rules and start treating them like "evidence." Zones over lines. Volume over assumptions. Context over textbook patterns. The market does not owe your level any respect. Your job is to read whether the market agrees — and act only when it does. Swallow Academy
BITSTAMP:BTCUSDEducation
by SwallowAcademy
Were you surprised by yesterday's Bitcoin surge? BINANCE:BTCUSDT Hello, this is Chartinfo. Today, I’d like to talk about Bitcoin. ​Bitcoin recently hit 82k and has pulled back, currently looking at 80.3k. You might have thought the long position that appeared on May 14th meant a massive continuation of longs, but from where Chartinfo stands, it doesn't look that way. In fact, it looks more like a time to go short.​ Here is why I think so 1.Under Dow Theory, we are seeing lower highs and lower lows. Yesterday, the big question for Bitcoin was whether it could break above its previous high. However, Bitcoin got rejected at 82k and failed to make a higher high. This is a crucial point. Until now, Bitcoin had been making higher lows while making higher highs. But when it hit 78.6k, that higher low structure broke, and yesterday's failure to break above 82k led to a drop. We can see that the failure to break the previous high is triggering panic selling from disappointed buyers.​ 2. There are plenty of bad signs, but very little good news. The global economy is currently facing a lot of uncertainty. The war we thought would end quickly is dragging on, and inflation is getting worse. Because of this, the rate cuts we expected anytime soon have been pushed back again. On top of that, oil prices are showing no signs of cooling down. As people look for safe-haven assets, the value of the US dollar keeps climbing. Isn't it strange? The US PPI came in at an all-time high, the dollar is stronger. Usually, high inflation might weaken a currency, but with the US PPI hitting all-time highs, the dollar is actually getting stronger due to delayed rate cut expectations and massive safe-haven demand. That just shows how desperately people are looking for safe havens right now. As for the news about the Clarity Act passing, which relates to Bitcoin, Chartinfo believes it doesn't really matter much at the moment. It will still take some time before it fully passes anyway. You need to read the bigger macroeconomic picture. Right now, Bitcoin simply lacks the fuel to drive it upward. For now, the most important thing is to wait for these negative macro factors to clear up. Even if you take a short position, the reason you need to be careful was clearly shown on May 14th. The market makers don't give away easy short entries. They pumped the price heavily without much justification, only to dump it right back down. Of course, the weekly RSI was on an uptrend with a golden cross, but that alone wasn't enough justification. Even if you read the sentiment, expected a drop, and went short, would you have been able to hold through yesterday's massive pump? This is exactly why you should use low leverage. Any skilled trader would have held their short bias as long as the price didn't make a higher high. However, retail traders likely couldn't survive yesterday's massive pump and got liquidated. I hope everyone remembers that high leverage is poison in trading. Thank you.
BINANCE:BTCUSDTShort
by Chartinfo1019
Bancor (BNT) —Long-term growth & new all-time highI saw a project growing 20X (2,000%) in just six months. No fanfare, no hype, no big deal, just sustained growth, pretty normal—Cryptocurrency. This project hit bottom somewhere around late November 2025 and by this date, May 2026, the trading pair is up more than 2,000%. Six months growing. The first three months was composed of slow and steady growth and then the uptrend intensified. It can continue growing for years. I've seen this happen with dozens and dozens of trading pairs. Now, those that hit bottom last year are the minority. A big portion of the market but not all of them. An even bigger portion hit bottom between February and April 2026. These projects, which I've been showing you daily, are in the same situation as VVV. The first three months start slow but growth, then the uptrend speeds up. When total growth reaches 20X, or 2,000%, this isn't all, this would be only the first 6 months. We are now looking at years of bullish action. Bancor (BNTUSDT) hit bottom February 2026. The action moved below a long-term support dated December 2022 with a price of $0.32. After three months of recovery, it is now above this level. Three months moving higher, back within the bullish zone and the uptrend will now intensify. By the time six months are in, we will have some really good gains and then it keeps on going long-term. BNTUSDT recovered its bottom process and now looks really good, this chart offers potential for long-term growth. Notice the bottom... From the bottom we grow. Once we hit bottom, there is no other place left to go but up. Crypto is going up. Thanks a lot for your continued support. Namaste.
OKX:BNTUSDTLong
by MasterAnanda
Bearish pressure to drop to 4600GOLDEN INFORMATION: Gold price (XAU/USD) recovers some lost ground around $4,660 during the early Asian session on Friday. However, the potential upside for the precious metal might be limited as the prospects of US rate cuts have largely faded. Traders will closely monitor US President Donald Trump's meeting with Chinese President Xi Jinping in Beijing. Trump and Xi called for a better US-China relationship on Thursday as they began a two-day summit likely to cover issues ranging from tariffs to artificial intelligence. Xi reportedly told the US business leaders their companies could be “deeply involved in China's reform and opening up” and that “China's door will only open wider.” ⭐️Personal comments NOVA: Gold prices broke through 4650 and continued their downward trend. They retraced to gain liquidity and continued to fall. ⭐️SET UP GOLD PRICE 🔥SELL GOLD zone: 4650 - 4652 SL 4660 TP1: $4625 TP2: $4600 TP3: $4570 🔥BUY GOLD zone: 4546- 4548 SL 4538 TP1: $4560 TP2: $4580 TP3: $4610 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas . ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDShort
by Nova-Scalper
1
The market is about to undergo a short-term correction.Tesla (TSLA) has been on a strong 1-month rally since the April 09 Low, achieved exactly on the Higher Lows trend-line that started two years ago on the April 22 2024 bottom. The 1D RSI turned overbought and is the exact same spot that the price was on May 13 2025 and July 02 2024 following their respective rebounds on the Higher Lows trend-line. On both occasions, the price rose a little more and then corrected back to their respective 0.5 Fibonacci retracement levels. Assuming the rejection takes place a little higher again, it is possible for Tesla to target that level at $395.
NASDAQ:TSLAShort
by Batsman-Edward
Bullish Divergence playing outFIG is in long term downtrend, but recently started showing positivity, i.e. huge volume coming in with the price movement which indicates institutional buying is happening. Clear bullish divergence can be seen which is playing out. It formed a trendline resistance, and beautiful morning start kind of pattern near the trendline. With recent earnings boost, I think FIG will shoot up, and break the trendline. 23 will be immediate resistance, while 33 is the trend reversal level to watch. It shouldn't close below 18.5(SL) if it has to continue higher.
NYSE:FIGLong
by ibraheeemz