Get started

Targethit

NIO: Important reaction at support level! But be careful - D & WNIO shares reached our first target of $9.22, set in our last public study, the link to which is below this analysis, as always. We now see a correction down to the 21 EMA, which is to be expected, given that it has just hit a target. In addition, we see a reaction in the price, which could be a bottoming signal if confirmed. Such a reaction makes sense, since the medium-term trend on the daily chart is bullish, and the reasons are simple: 1) The price has been making HH/HL since its last bottom on December 12; 2) The price is above the 21 EMA, which is rising. I said in my last analysis that swing trades with a focus on the medium term are technically plausible, and that's still true, but remember that all caution is needed, as the weekly chart is still in a downtrend, and this week's candlestick is a reminder of this. If the price closes below the average on the weekly chart, we could see another top signal, suggesting further bearish continuation for NIO shares. In any case, I see $7 as the main support point, both in the long and medium term. We see that NIO is trading around a critical point, near mid-term support levels and long-term resistance levels. Whichh one will prevail? It is too soon to tell, we need to see a clear breakout to confirm any thesis. I’ll keep you updated on this, so remember to follow me to keep in touch with my daily analysis, and support this idea, if it helped you. All the best, Nathan.
NYSE:NIO
by Nathan_The_Finance_Hydra
Nifty - Surgical Precision Target & CorrectionOn Weekly Chart - After the Cup and Handle BO - Nifty retested the BO zone and bounced forming a Rounding Bottom BO. The Target for RB is 21820. The Multi-year trendline resistance is likely to cross around 21900-22000. Given India Vix BO, Nifty might face sharp correction after testing 21820-21900 levels. Keep a tab on individual stocks and their support levels After reaching the Target of Rounding Bottom BO at 21,820 - Nifty faced with a Sharp Correction Precisely from the target level This is the speciality of Technical Analysis. Technical Analysis is NOT based on Hope / Expectation / Trust on Management / Company / not a Future Forward state. A Chart Pattern is formed by "Herd Consensus" - How Majority People Behave, How Big Players / Operators create a situation of Demand / Panic Selling manipulating the minds of Majority Retailers. Technical Analysis is simply a Scientific & Mathematical model of Human Behaviour and I see it as my Bhagavad Gita / Holy Bible / Quran. It already encompasses Hyped News messages from Media, Fraudulent attempts of some company management, Actions by Regulators, Company's product focus, future vision everything and is engraved in stone and hence cannot be changed. This is why and how Technical Analysis works successfully Disclaimer: Stocks-n-Trends is NOT a SEBI registered company. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions. If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends
NSE:NIFTYShort
by Stocks-n-Trends
USDJPY H1 / HIT THE PRICE 142.500 AS EXPECTED ✅Hello Traders! As you can see, USDJPY H1 hit the price of 142.500 as expected in the previous analysis. A very good move from the resistance level until the OB from H4. Next, I expect a new WL to be set. Congrats to those who entered the trade! Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
by GoodTradeST
NVDA: A Dangerous Turning Point (D and H charts).In our last analysis, we warned of a possible correction in NVDA's shares, right on the day they made a new all-time high above $500. The link to my latest public analysis of NVDA is below this post. What's most interesting is that NVDA's shares fell just to hit our target at $476.09, which we set in our last analysis, and apparently, it's working so far. In addition, the $476.09 is very close to the 21 EMA on the daily chart as well, reinforcing this support area. In the two days following my analysis, NVDA confirmed a bearish reversal pattern by triggering a bearish pivot on the hourly chart (as evidenced by the image below). A bearish pivot is a lower high than the previous one, followed by the breakout of the last bottom. As shown in the chart above, NVDA shares were on a rally, making rising tops and bottoms, surfing above the 21 EMA, until on November 22, a bearish pivot was confirmed. The share price quickly fell to our target which is its first support point, but despite being in a good place for a bottom pattern to form, there is still no reaction suggesting such an event. What if NVDA shares don't react at this support? From a technical point of view, it could look for its next support levels, such as one of the Fibonacci retracements as shown below: For now, let's stay tuned, as NVDA is once again in a critical price zone, and we will soon have a clear answer as to whether there will be a reversal, or a continuation of the short-term bearish sentiment. In any case, I'll keep you updated, so remember to follow me for more analysis like this, and support this idea if you like it. All the best, Nathan.
NASDAQ:NVDA
by Nathan_The_Finance_Hydra
2
1st of 3 ltc targets hit!The $90 target from the smallest inv h&s (with the cyan neckline) has just been hit! We now have 2 more left to hit. And in hitting the tallest one it will take us up above the magenta trendline which will put into play an even higher possible target…until that happens we will not include that 4th potential target on the chart but probability is starting to favor that 4th target. As always when one target gets hit a retrace is very possible..we can already see a bit of a wick has formed..hard to say how much of a retrace will occur before it continues towards the second target though *not financial advice*
COINBASE:LTCUSD
by DrDovetail
2
SPX: About to Trigger an Insane Chart Pattern.• We nailed the 4,195 target on the SPX, as mentioned in my previous public analysis from May 16 (link below this post); • Now, it appears the index wants to correct, and the 21 ema is right there waiting for it, as a technical support level. This makes sense as it just hit its target; • The problem is that it isn’t dropping properly. Despite the drop this morning, the candlestick is still bullish, and this opens room for the possibility of a sideways correction, opposing the idea of a price correction to its 21 ema; • Either way, as long as the index remains under 4,195, it’ll be very difficult for it to resume the bullish bias; • Yes, the trend is bullish, as the index is doing higher highs/lows and it is above the 21 ema; • Long-term speaking, there’s an Ascending Triangle chart pattern on it, and the index has just reached its resistance line; • Therefore, any short/mid-term correction is plausible, however, if the index breaks this resistance line, it’ll trigger this pattern; • The technical target of an Ascending Triangle is the distance between the first bottom and the resistance line projected in the direction of the breakout. This suggests a target around 5k – remember, this is the weekly chart; • It all depends on how the index will react from here, now that it just reached a critical resistance level. I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analysis.
SP:SPX
by Nathan_The_Finance_Hydra
2
TSLA: Another Target Hit. Be careful now.• Today TSLA hit our technical target at $177.65, successfully filling the previous gap; • Now, it seems it is starting to lose momentum, but it is too soon to tell if we’ll trigger a top signal around this resistance (like a Shooting Star pattern, or maybe a Gravestone Doji?); • If yes, then a pullback is likely to happen, but as long as TSLA remains above its 21 ema, the main bias will remain bullish; • On the weekly chart, it is easy to see why it is losing momentum, as we just reached the 21 ema; • The 21 ema on the weekly chart is always a secondary key point to me, and I always prefer to work with support/resistance lines seen on the price, but sometimes this indicator reinforces our reading; • It would be important to see TSLA closing above $177.65 today, in order to improve the chances of a bullish continuation. Again, it all depends on today’s close. I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analysis.
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
5
TSLA: Dangerous Top Signal.• TSLA hit our target area last Friday, around $177, and it is now triggering a Bearish Engulfing candlestick pattern on the daily chart. I mentioned this target on our previous TSLA analysis – link below this post; • The problem is that TSLA triggered this Bearish Engulfing under the $177 resistance, and it is back under the 21 ema as well, indicating that TSLA is very weak at the moment; • On the daily chart, the next support area is around $154 (black line). • On the 1h chart, there’s a short-term support line at $165, which was a previous resistance level; • Below this support, there’s an open gap at $161, and another support line at $158. For now, it appears the $165 line is our main support level, as TSLA is trying to react this morning. I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analysis.
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
9
SPX: Dangerous Correction - What's Next?• The SPX has been correcting since it hit our target, the technical resistance around 4,170, but it seems it is stabilizing above the 21 ema; • We set this target on my previous analysis (the link to my previous public analysis is below this post, as usual), before the SPX confirmed its bottom, when it was still below the 21 ema in the daily chart; • Now we see a bullish reaction above the 21 ema, which is a bullish sign, however, the 1h chart suggests that a bullish reversal won’t be that easy: • The SPX is struggling to break the 21 ema, which is working as a resistance level, short-term speaking; • If this resistance works, and we see a top sign confirmed, the index could correct to lower levels, like the 4,049, the next support line in the 1h chart; • In order to see a bullish continuation to the 4,200 it would be good to see the SPX breaking the 21 ema in the 1h chart, and doing a clear bottom signal in the daily chart as well; • For now, there’s no clear bullish reaction, so let’s wait for more confirmation. I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analysis.
SP:SPX
by Nathan_The_Finance_Hydra
SPX: Pullback Ahead! 😱• The SPX failed in breaking our target/resistance at 4k. This is a weakness sign, and it is trying to confirm a pullback today; • As I mentioned yesterday, in my previous public analysis (link below this post, as usual), a correction to the 21 ema in the daily chart is acceptable, but it must not drop too much below this point, otherwise, it might resume the long-term bear trend; • In my view, the 3,889 is the key support. If the SPX loses it, then the bear market will resume; • Meanwhile, the key resistance the SPX has to break in order to reverse the trend is the 4k. Only if the index breaks the 4k we might see something new; • Now it seems the index is in a no man’s land again. Let’s keep these key points in mind. I’ll keep you updated on this, as usual. Remember to follow me to keep in touch with my daily analyses!
SP:SPX
by Nathan_The_Finance_Hydra
XRP just fractions of a cent away from hitting the dbl bttm trgtthe green horizontal was the double bottom neckline. the dotted green target is the measured move target from the point of breakout above the green neckline to the measured move target….as we can see mere fractions of a cent from reach 100% of the target! Should hit on this follow up candle. I would also not be surprised to see this follow up candle retest this purple line. If we can retest this purple line as solidified support for enough candle closes then we can then look forward to the next higher measured move target that ends at the room at the dotted ascending purple line. Wen price is this close(less than a pip) it’s close enough for me to proclaim target hit! This should help us confirm the break up from the monthly symmetrical triangle pattern before too long *not financial advice*
BITSTAMP:XRPUSD
by DrDovetail
2
Ethereumm just hit the white descending channel target!Target Hit! You can see here the measured move (dotted white line) taken from the point of the breakout from the white descending channel. Been watching it since November, but it finally hit its target with exact precision! Hard to tell if it will cool off much now or continue to climb…the pink rising channel has a measured move slightly higher than this and it looks like it has broken up from the rising channel too which is never a good signal for bears if a bearish pattern breaks upward. *not financial advice*
BITSTAMP:ETHUSD
by DrDovetail
DXY candle does 180 reversal after hitting exact breakout targetThe breakout target from the falling wedge was 105.6 . As you can see by the big red wick as soon as the dxy price reached 105.6 it did an abrupt reversal and morphed into a big red candle. Still a chance in the coming days it could rebound and still retest the 50ma or even reach the dotted tan lines target. However the exact precision of it flipping once it reached the falling wedge target inspired me to post a chart just to reaffirm that once again, TA Works! Target Hit! *not financial advice*
TVC:DXY
by DrDovetail
MSFT: Crashing? Yes. Scary? Nope.• MSFT just hit our target at $228, as it did exactly what we expected since our previous public analysis on it, almost a month ago (the link is below this post, as usual); • Despite the high volatility, this movement is very technical and not surprising at all, but in order to bounce again, MSFT has to react as soon as possible; • The problem is that any bounce will face at least two resistance levels in the daily chart: First the $238, second the 21 ema; • Only if MSFT breaks these key resistances it might do a clear reversal structure; • If not, we can expect a continuation of this bearish sentiment all the way down to $212, the next technical support level; • Therefore, let’s pay attention to the $228 support, as now would be the best time for a reaction. Remember to follow me to keep in touch with my daily analyses!
NASDAQ:MSFT
by Nathan_The_Finance_Hydra
2