Hey Investor, please see my longterm idea on PayPal, where my counts suggests a possible bottom printed which will now lead to the next bullish cycle. What is important here is that we close above the 1.618 Fibonacci extension level in order for this analysis to be invalid. A break o the 1.618 level would lead to a bearish wave 3 which would change dramatically...
Hi everyone, Today we will talk about NASDAQ:QCOM , a semicunductor manufacturing company. As we saw almost all tech stocks selling off from late November through to 2022, NASDAQ:QCOM managed to stay up there quite nicely. The question to ask now: Is it lagging? Will [ symbol="NASDAQ:QCOM"]NASDAQ:QCOM follow broad tech market and proceed to a major...
This is a daily candle chart of the Q's. I'm not to convinced that todays action was anything material to the trend. The major support line from the covid trough breakout is broken. Minor support from the peak at $382.11 has not been reclaimed. The index is below the 50 day SMA. Moreover, the support line on the RSI that coincides with the previous tests of the...
Today, Microsoft stock (MSFT) retested the previous swing high in this uptrend, which came along with a weekly rsi "reset" to 52. The two previous times msft's weekly rsi has touched 52 has been at $212, and $200. As you can clearly see in the chart, we are in an uptrend, consistently making higher highs and higher lows for the past ~280 weeks. For uptrend dip...
The last time I saw a long possibility in this stock (linked), my stop losses triggered. Now I see a better long setup and I am buying shares again. Strong buy indicator - stochastic gave a bullish sign when the rising price was matched with %K (blue) moving from under 20 to over 80 in three candles. Price often reverses down after this and I look for a good...
$QQQ has been trading in sideways range since making an all time high at $408.71. If $380 can hold, there is a good chance we get a retest of upper levels. With that being said, these levels play both ways. $QQQ below $380 would be a great short and I will certainly be watching for this opportunity if it presents itself. Support: $380.00, $378.00,...
$SQ 1D Same view as PayPal... wants more downside. Watching the $120-130 area for support, otherwise mid $80s possible before recovery begins...😅
$PYPL 1D Been continuously warning of the uncertainty of this one. Looks like it wants the projected leg down in the coming few weeks. Watching the $160-170 area for support, otherwise mid $130s possible before recovery begins.
$AAPL 1D Expanded flat for Wave 4. Eyeing $165 region to tap before considering a potential major low.
Big breakout candle on MSFT, Just closed below the trendline on the ascending triangle. Opening already below yesterday's low. Might wait to see if it pushes higher at open and look for an opportunity to short it. Also has a gap that can be filled Entry: 315.90 Targets: 312.40 / 305.80 **Disclaimer: This is just a trading idea, not a financial advice**
!! Not a Financial Advice !! Today was a bit of relief as the market pulled up after Wednesday's bloodbath. TQQQ Has major support in the $140 area, local support of around $145. Strong resistance around $155 is between us and a sweet profit at 0.5 FIB level in the chart around $170.
Hello everyone, please see my current video idea on the Palantir stock, where my count suggests a possible bottom with price target to around 220 $ area. This would be equal to a 1200% increase. This is no financial advice, just my technical expertise. RT
Haven't shared anything in a while, so I'd like to start with a simple idea. Buy the dip anywhere between 15000-15350. 15180 is the optimal place. Sell the rip anywhere between 16880-17400. Optimal place doesn't exist. Good luck!
ATOS - Intraday - We look to Sell at 38.73 (stop at 41.72) The medium term bias remains bearish. Trading within a Bearish Channel formation. A move lower has resulted in prices breaking from the previous range and confirmed our bearish expectation. The formation has a measured move target of 30.61. Further downside is expected although we prefer to set shorts...
Hey Investor, please see my current idea on the Xiaomi stock, where my count suggests a possible bottom for a trend reversal in order to make new highs. This is calculated based on my Elliot Waves Count by the fact, that wave C has the same length as wave a. I have checked the inner structure of wave C in order to check the inner structure of this wave. Based on...
looking at the 1hr chart, there is a classic W pattern formation going on here. December was a tough month for tech, and looks to be finally recovering. This weeks moves show a break above the prior down channel, with tightly wound consolidation. TBH I see this going in either direction, but with the tax loss harvesting done for 2021, my money is on volume buy-ins...
If the market doesn't violently rip to the upside tmrw to end the week you can be looking at an inverse h/s forming here on aapl which could push it above 3T market cap.
FX:GBPCAD showing butterfly pattern in this chart.