IREN Bear Divergence on the Daily, Deeper Pullback Ahead?NASDAQ:IREN appears to be pulling back locally in wave 4, filling the gap, with eyes on testing the daily pivot as support before continuing higher.
Price is significantly away from mean and catching continued momentum but this will fade as more people take profit.
Bearish divergence persists in the daily RSI and has been confirmed with the close below the signal line. If these signals fail it shows the strength of the momentum trend.
Continued upside target is playing the pivots to $40 and initial downside taregt is the previous all time high at $18.50
Safe trading
TECH
Google clear for take off? Elliot Wave adjusted!NASDAQ:GOOG Google shot up on the open into price discovery invalidating the pullback scenario and suggesting we are in a strong wave 3. Don't step in front of this moving train! gaps don't have to be filled if they are runaway gaps!
Daily RSI is significantly overbought and price is far above the mean so a short term reversal is still expected though not guaranteed! We expect a test of the all time High Volume Node as support at least, $207
Safe trading
INTC Ready For Breakout?Intel INTC appears to be putting in a major bottom on the weekly time frame. Stock has been beaten down for some time!
On the daily time frame, price appears to be ready to breakout of the range above the High Volume Node after multiple tests of the upper boundary resistance.
Theres been a gap to fill for some time up to $28. The pivot targets are subdued due to the amount of time INTC has spent ranging, so not super useful for targets in this case.
Price is above the daily 200EMA which has flicked positive.
Here is an example from my trade signals Substack. Stop below the 200EMA, pivot, High Volume Node and descending support line - you don't want to see price losing these as it adds confidence to the downside. This asset is volatile so the stop is wide for now - I will be looking out to adjust this to a tighter stop and thus a larger position size once I see how price action unfolds. I believe we have a good opportunity ahead to make several trades on this asset as we play it level by level.
Safe trading
TESLA Bullish Wave C still underway...NASDAQ:TSLA is a tough count, the entire macro chart looks like a complex correction (wave 4?) with many series of 3 wave structures.
A triangle in wave B of the current wave appears complete, leading to a terminal thrust up with a target of the High Volume Node resistance at $410 followed by a poke above the swing high touching the R1 pivot at $548.
RSI remains at the EQ.
Analysis is invalidated below the wave B triangle.
Safe trading
Google Elliot Wave count adjustedNASDAQ:GOOGL appears to be completing a motif wave 3 with a push into all time high on overbought bearish divergence in the RSI. This would align with 2.618 Fibonacci extension target, a high probability ending point for wave 3.
Wave 4 would be expected to terminate at the nested wave (4) which aligns with triple support - Daily Pivot, High Volume Node and 0.236 Fibonacci retracement. The ascending 200EMA may come to meet price at this point adding confluence.
For now the trend remains up.
Safe trading
Nasdaq Eyes the 23,700 Resistance Ahead of NVDIA EarningsOn the Nasdaq front, all eyes are on NVIDIA’s Q2 earnings, with expectations for revenue around 45.9B and EPS between 1.00–1.01. While enthusiasm around AI continues to drive tech optimism, concerns remain over tariff risks with China, particularly regarding potential backdoors or tracking technologies in NVIDIA chips. These risks could limit revenue potential from the Chinese market
Nasdaq's rebound from the 22,900 mark appears sustainable, with daily RSI holding above the 50 neutral-barrier. A clean hold above 23,700 and 24,100 could pave the way toward new highs at 24,400 and 24,700, in line with continued AI-driven growth.
Downside: A break below 23,200, 22,900, and especially 22,700 would signal broader tech sector weakness, potentially aligning price action with 22,300 and 21,900 support zones.
Written by Razan Hilal, CMT
USNAS100 Update | Fed Pressure Keeps Market Under Bearish BiasUSNAS100 – Overview
Tech fright calms but Fed pressure grows
U.S. tech stocks appear to have stabilized after two sessions of sharp declines, but uncertainty persists as the Treasury market reacts to the latest Federal Reserve developments ahead of the central bank’s annual Jackson Hole symposium in Wyoming.
Technical Outlook
USNAS100 maintains a bearish setup while below 23,295.
A break and sustained close above this level would signal a potential bullish reversal.
📍 Key Levels
Pivot: 23,295
Support: 23,165 – 23,045 – 22,850
Resistance: 23,430 – 23,540 – 23,690
previous idea:
Why The Bubble Theory Makes No SenseIt seems like every other week with tech stocks making new all time highs, there is a constant chatter of claiming we're in a bubble. One of the classic signs of a bubble, is excessive leverage betting on ever higher returns.
This is a chart of securities margin loans provided by the Fed updated quarterly. As you can see since the 2008 financial crisis speculators have been very conservative with their use of leverage. It's almost like 2008 scared people so badly people more than a decade later are still behaving financially conservative.
Some of the rational for the talk of a bubble is historically high PE ratios, but this can be explained by massive reinvestments into AI infrastructure by the biggest tech companies. The more investments they make the higher the PE ratios look.
The key ingredient of a bubble is leverage and besides the small spike of it post-covid, there is no sign of excessive speculation.
Remember tech stocks are absolutely going to have a pullback likely next year or 2027, but the fear of a dot-com era bubble is just simply unfounded.
USNAS100 | Consolidation Before CPI –Breakout or Pullback Ahead?USNAS100 Overview
The index reached its all-time high ahead of recent speculation about a potential Fed rate cut. This week’s CPI data will be a key driver, indicating whether the Fed may cut rates in the near term.
Technical Outlook:
As long as the price trades below 23640–23690, a decline toward 23530–23435 is expected. A break below this zone could extend the drop toward 23295.
A 1H close above 23695 would turn the outlook bullish, targeting 23870.
Support: 23535, 23435, 23295
Resistance: 23870, 24040
previous idea:
Sabre Corporation (Revised) | SABR | Long at $1.76This is a revised analysis of Sabre Corp NASDAQ:SABR as seen here
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Full disclosure: I am still a holder of shares at $2.06 and newest entry at $1.76. My stop was triggered near $3.00 (original entry) a few days ago. If the price rises above $2.06, I plan to sell out of that entry a keep my lowest position moving forward.
This is a ***highly risky*** trade given the recent news around slower earnings growth and slump in travel demand in certain areas the company caters to. Do your own due diligence.
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NASDAQ:SABR stock took a major hit today after the company reported revenue growth below its projections in Q2 2025. Revenue was $687 million, down 1% year-on-year, missing the company's own guidance of "low single-digit" growth. They also significantly lowered full-year guidance for 2025, expecting Air Distribution Volumes to grow between 4-10% and full-year Adjusted EBITDA between $530-$570 million, down from previous projections. The company's higher exposure to corporate and government travel, including a decline in U.S. government and military travel, negatively impacted its performance.
From a technical analysis perspective, the price dropped today to an area 6 standard deviations away from the historical simple moving average zone (which rests now at $1.69 - blue line). While there may be a dead-cat bounce then further drop to near $1.00, the stock is behaving as expected given the bad news. However, a drop in interest rates will significantly benefit this company's debt burden. NASDAQ:SABR consistently ranks as one of the top players in the global travel technology landscape, so while I think the future is bright for the company given earnings projections (beyond 2025) and analyst estimates, 2025 will absolutely be a tough year.
So, at $1.76, I am buying the fear. Last entry near $1 if it gets there and the overall fundamentals do not change. Whatever my lowest entry is, I will be holding that and selling all previous entries near even to limit exposure.
Revised Targets into 2028:
$2.20 (+25.0%)
$2.90 (+64.8%)
Is NEAR NEARing Its Next Explosion? Watch This Perfect Pattern!NEAR is dancing to a powerful rhythm — and it’s all in the cycles 🔁
This chart uncovers a repeating top-bottom cycle that has held since early 2023, with precise peaks and valleys emerging every few months 📉📈.
After bouncing off a major bottom at ~$2, NEAR is now approaching the mid-line of the descending red channel, suggesting a potential trend reversal is underway 🔄.
Each previous “BOTTOM” aligned with strong recovery waves 🚀, while the projected “TOP” now points toward the $6–7 zone — aligning perfectly with the upper green trendline resistance 🎯.
If the pattern continues, we could be looking at another macro push before year-end 2025 📆.
📊 Will NEAR ride this wave to new local highs — or is it just another lower high in the making? Either way, the rhythm of this chart is too clean to ignore.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Microsoft Sees Declining Trading Volume Despite All Time HighsSince December of 2021, MSFT traded within a Rising Wedge structure that has gradually resulted in lower and lower highs in volume, at the same time IV on the Options Chain has begun to price down the strikes above $515 while Shorter Term Downside IV has begun to price up all the way out to $240.00. If this trend continues we will likely see the $515 area act as strong resistance as liquid interest above it begins to dry out.
This could be the beginning of a move to break down the wedge and trade down to the lower strikes first targeting the $365 price level and resolving around $240 near the 200 Period SMA.
USNAS100 Outlook – CPI Data to Confirm Breakout or PullbackUSNAS100 – Bullish Momentum Holds Ahead of CPI
USNAS100 continues to show strong bullish momentum, trading above 22,905 and recently printing a new all-time high (ATH).
As long as price remains above this level, the next upside target is 23,170, followed by 23,300.
Market Focus – CPI Data Today:
• Expected: 2.6%
• Below 2.6% → bullish reaction likely
• Above 2.6% → bearish pressure expected
• Exactly 2.6% → could trigger a short-term bearish pullback
Key Risk Level:
A confirmed break below 22,905 would signal weakness and open the door for a correction toward 22,615.
NASDAQ at Risk – Tariffs Pressure Tech IndexUSNAS100 – Market Outlook
The index is currently in a sensitive zone, heavily influenced by ongoing tariff tensions. If the current geopolitical pressure continues, it may fuel bearish momentum across the tech-heavy index.
To regain a bullish outlook, we need to see signs of negotiation or de-escalation, which could stabilize the price and lead it toward 23010 and 23170.
However, as of today, the market appears to be setting up for a correction, potentially dipping to 22815, followed by a deeper bearish move targeting 22420.
Support Levels: 22615 – 22420
Resistance Levels: 22905 – 23010
SelectQuote | SLQT | Long at $2.18SelectQuote NYSE:SLQT is currently resting within my historical simple moving average zone. This often signals consolidation and a future move (in this case, let's hope up). Looking at the company's financials, NYSE:SLQT is currently profitable. For Q3 2025 (ended March 31, 2025), the company reported a net income of $26.0 million, up from $8.6 million in Q3 2024. This follows a strong Q2 2025 with a net income of $53.2 million. While like most companies there are likely headwinds in 2025 (earnings are projected at a loss of -$0.20 per share due to seasonal fluctuations and investments in 2025 (e.g., new Kansas facility)), profitability is likely to stabilize in 2026, with EPS forecasts of $0.05, supported by improved Medicare reimbursement rates and operational efficiencies. Ongoing Department of Justice allegations could pose risks... but SelectQuote’s recent $350M investment and cost management suggest profitability may continue if legal issues are resolved favorably.
Thus, at $2.18, NYSE:SLQT is in a personal buy zone. There is a potential for the price to dip to the bottom of the historical simple moving average channel (near $1.25) in the near-term, but time will tell.
Targets:
$2.64
$4.24
USNAS100 Bullish Ahead of NVIDIA Milestone – 23010 in SightUSNAS100 – Outlook
The index continues its bullish momentum, supported by strong tech performance — notably NVIDIA surpassing a $4 trillion market cap.
As long as the price holds above 22880, the trend remains bullish toward:
23010 Then extended targets near 23170
However, a 1H close below 22815 would signal weakness, potentially opening the way for a retracement toward: 22705 And 22615, especially if tariff tensions escalate.
Resistance: 23010, 23170
Support: 22815, 22705, 22615
GOOGLE Count changed, Bullish outlook.I have adjusted NASDAQ:GOOG NASDAQ:GOOGL Elliot wave count with a wave 1 completing a leading diagonal backed up by a deep wave 2 correction into High Volume Node support (HVN). We potentially have another 1-2 with fast drop and recovery to the S1 daily pivot which would make long term outlook extra bullish by extending target.
Wave 3 is underway with a target of the all time hime high HVN for wave 5. The next resistance HVN is $191.
Price above the daily pivot and is continuing upwards after testing as support.
Analysis is invalidated below $162 swing low.
Safe trading
USNAS100 Key Level: 22,740 – Will the Trend Continue or Reverse?USNAS100 Update – Bullish Momentum Holds Above 22,740
USNAS100 has continued to push higher, following through as expected from yesterday’s analysis.
The index maintains bullish momentum as long as it trades above the key pivot at 22,740.
However, a 1H close below 22,730 could trigger a bearish correction toward 22,615.
A sustained break below that level may shift the trend to bearish.
Key Levels:
• Resistance: 22,870 / 23,000
• Support: 22,615 / 22,410
NVIDIA to $228If Nvidia were truly done for, why is it impossible to find their latest 5000 series GPUs?
Even if someone wanted to buy one, they simply can't.
The reason lies in Nvidia's commitment to fulfilling the soaring demand from AI data centers, which has left them unable to produce enough H100 and H200 models.
This situation also allows Nvidia to increase their profit margins significantly, capitalizing on the disparity between demand and the media frenzy surrounding them.
DeepSeek serves as a prime example of how out of touch mainstream media can be.
All DeepSeek did was replicate Chat GPT.
Training models requires substantial computing power. The panic surrounding Nvidia and other semiconductor companies is quite amusing; the demand for computing power is skyrocketing!
The gap between the reality of the AI mega-trend and the narrow focus of mainstream media is staggering! It's astonishingly out of touch! Just as out of touch as Cramer was when he declared META was done at $100, or when he thought Chat GPT would obliterate Google at $88.
Stock prices fluctuate between being overvalued and undervalued. While we have metrics like EGF and PE ratios to assess valuation, indicating that Nvidia is currently inexpensive, this doesn't guarantee it won't drop further. However, it is generally wiser to buy stocks when they are cheap rather than when they are costly.
The greater the deviation from the high then the greater the BUYING OPPORTUNITY being presented for the very best leading companies.
The key takeaway is that the deeper Nvidia falls during its corrections, the more advantageous it could be.
Those who are experiencing anxiety during these declines may find themselves selling at a loss, or for a marginal profit possibly around previous highs, while the stock has the potential to rise to $228 and beyond.
The potential for growth is significant; the $228 Fibonacci extension may not represent the peak. Attempting to predict a top for Nvidia could be misguided. Once it reaches $228, Nvidia might maintain a valuation similar to its current $130 level.
Beeline Holdings | BLNE | Long at $0.72**This is a VERY risky penny stock. Please do not invest if you are risk averse.**
Beeline Holdings NASDAQ:BLNE
Book value = $5.00-$6.00
Revenue past 12 months: $5.21 million (grew by 27.4% over the past year)
Debt-to-equity: 0.21x (low)
Insiders purchased almost $500k in shares in the past 6 months and volume increasing
6 million float, 1.96% short interest, 0.85 days to cover
This is purely a gamble play based on value and insider purchases. Thus, at $0.72, NASDAQ:BLNE is in a personal buy zone.
Targets:
$1.00
$1.25
Google MUST hold this critical level!NASDAQ:GOOG local analysis update
📈 𝙇𝙤𝙣𝙜 𝙩𝙚𝙧𝙢 Further decline below the daily 200EMA, High Volume Node (HVN) and pivot point which it closed below on Friday could see google price fall back below $140.
📉 𝙎𝙝𝙤𝙧𝙩 𝙩𝙚𝙧𝙢 the bullish run has ended with Fridays bearish engulfing, first support below the support it is currently sat at is $156.
Irans conflict has investors shaken and not willing to hold assets over the weekend on the fear of worse news. However, if the conflict is resolved investors could have a great buying opportunity.
𝙏𝙚𝙘𝙝𝙣𝙞𝙘𝙖𝙡 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨
Price is challenging a triple shield: major support HVN, daily pivot and the daily 200EMA. Holding this level is critical and locks in a corrective Elliot Wave pattern from the $140 level completing between the 0.5-0.618 Fib retracement.
Daily DEMA Is about to produce a death cross while RSI is neutral with plenty of room to fall.
Safe trading
Who likes Apple Crumble....WWDC Event FlopSome Key Areas:
Unified Design: Liquid Glass
- Apple unveiled a new design language called Liquid Glass, inspired by visionOS. This aesthetic introduces rounded, translucent elements across iOS 26, iPadOS 26, macOS 26 ("Tahoe"), watchOS 26, tvOS 26, and visionOS 26, aiming for a cohesive and modern look across all devices
Apple Intelligence & AI Enhancements
- Apple expanded its AI capabilities under the Apple Intelligence umbrella:
On-Device AI Models: Developers can now access Apple's on-device large language models to integrate AI features into their apps, ensuring privacy and efficiency.
- Genmoji: A new feature allowing users to create personalized emojis by merging existing ones.
- ChatGPT Integration: Siri can now delegate complex queries to ChatGPT, powered by GPT-4o, with user consent.
- Live Translation: Real-time translation is now available in Messages, FaceTime, and Phone apps, enhancing multilingual communication.
iOS 26 & iPadOS 26: Enhanced User Experience
- Redesigned Apps: Updated Camera, Safari, and Phone apps featuring the new Liquid Glass design.
iPadOS 26 brings
- Advanced Multitasking: Enhanced window management and a Mac-like Preview app.
macOS 26 ("Tahoe"): Productivity Focus
- Personalized Spotlight: Improved search functionality with AI-driven suggestions.
WatchOS 26 & AirPods Enhancements
- AI-Powered "Workout Buddy": Provides real-time insights and encouragement during fitness activities.
Gaming & Developer Tools
- Apple Gaming Hub: A new app aggregating games and challenges, enhancing the gaming experience across devices.
Apple is at a technical inflection point. It needs to hold the wedge or it runs the risk to going lower to the previous lower boundary range.






















