UHS has developed bullish divergence at a key point forming the third rising valley. Trade has stop below this valley as if it goes lower the whole argument is defeated.
NQ is forming an ascending broadening wedge on the daily. Typically this is a bearish pattern, but I believe a bounce is due as NQ is close to a key daily level at 15333 and a golden pocket 61.8% retrace of at 15315. If we get the bounce, we can target the weekly level at 15709 inside the daily fair value gap above where the short GP lies (61.8% retrace is at...
Tech Mahindra has been consolidating for quite a while now. just as with any other cream IT Company, looks like it's gearing up for some momentum. It formed a beautiful symmetric triangle breakout and is now in a retest mode. A continuation of that breakout can trigger some good momentum. Also, check out our opinion on the overall IT Sector. What do you...
Unraveling the Revolution: In the fast-paced world of financial markets and investments, the images attached to each company stock, bitcoin, and gold paint a compelling picture of soaring portfolio increases, ranging from 20% to a staggering 250% profit since January 2023, up to this point in August 2023. Amidst these fluctuations, recent developments, such as...
I am eagerly anticipating Nasdaq to hit these targets. Once at least one of the two targets is achieved, I'll consider buying more stocks. If the second target also proves correct, I'll be even more inclined to invest further. After these targets have been hitted I expect a move towards ATH and beyond. It could take some months for these targets to play out...
From the 2H chart GPrRO is in early reversal two days before earnings sitting at a bottom on the POC line of the volume profile. The MAC profile shows a line cross under a small histogram. Right now momentum is subtle and sluggish but could accelerate quickly in the approach to that earnings report. Based on the chart, I will target the July 18th pivot high...
This company deals with renting out Commercial Real Estate, mostly to do with Datacenters and other Internet Connected Operations, and due to that, this makes it a perfect stock to get Bearish Exposure to if you are both Bearish on the AI Big Tech Mania and Bearish on Commercial REITs One of the main risks for this stock is if their biggest clients, like MSFT and...
Upside 15897 → 15980 → 16063 → 16142 Downside 15709 → 15583 → 15484 → 15484 NQ is in a bullish channel on the daily, and retraced about 60% of its last move when it made last week's low. A breakout to the upside can fill the daily FVGs above: Current FVG filled at 15991.25 Next FVG filled at 16142 Measured Move sends us to 16483.25. All Time High 16767
Hi guys, this is a Technical Analysis on Zoom. So many stocks have done well in this bull market and some not so much. My focus is to catch some potential ones that are down significantly from their blow off tops, in the process of bottoming. Note this is a 3 Day timeframe. This analysis is to see hints in these intermediate timeframes to see whether there is...
and now the sitting begins for the Digital Fortress of the US of A should be a nice ride towards $100 only for those who got volume .. -- this is the only stock i own... unloaded UBER TWTTR at $30 unloaded FB at $30.. - time to sit tighter
SKILLING:NASDAQ is starting to look nice with some levels to watch in the coming weeks. Tech has had a big run off lows this year after getting beaten down last year. Bullish Scenario sees an ABCD down to the 12k area then the next leg up. There are still unfinished patterns down below 10k to complete but it can go higher first. On a shorter TF look for an...
Important level here 👀 Look out for PA If price continues to push upwards we could see 16579. A rejection of this area could start a series of chain reactions starting with the target at 15065
Based on Neowave principles, it seems like major stocks (and non-crypto tech stocks in particular) will continue to rally into the end of the year, followed by a long correction in 2024. After wave-E is finished in early 2025, we should see one of the largest bull markets since the 1990s. This will complete a 25-year correction which began in 2000 when the last...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 🗒 As per my last educational post, we know that the bulls took over after breaking above the falling flag #4 📌 BTC has been sitting inside a strong rejection zone: 1- Round number => 30,000 2- Classic Weekly Support Zone Turned Resistance 30k - 32k 3- Supply zone 🏹 For...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. BTC has been stuck inside a range between 30k - 32k resistance for a couple of days. The bulls will remain in control, UNLESS the 29,650 low in red is broken downward from H4. In this case, we will be expecting the bearish correction to start till the blue 28300...
NAS100 could fall towards a key overlap support and potentially reverse from here. We could see price bounce up to our take profit target. Entry: 14673.95 Why we like it: There is an overlap support that aligns close to the 23.6% Fibonacci retracement level Stop Loss: 14249.75 Why we like it: There is an overlap support that sits under the 38.2% Fibonacci...
Technical Analysis: NASDAQ:TSLA currently is forming a bull flag on the daily timeframe with a golden cross setup (50MA crosses the 200MA on the daily). I lean bullish on NASDAQ:TSLA as long as price action can defend the gap made from 235-242. If w can break out of the bull flag above 277, we could move towards 295. Bears will look to short this...
Technical Analysis: Last week’s price action put NASDAQ:QQQ back inside the bullish channel we’ve been watching since March. We should see come corrective price action this week before tech runs higher. Bulls will look to see if we can stay above last week’s lows at 360. It is crucial bulls hold this level or we could see the daily fair value gap that could be...