Get started

Technical Analysis

Why MSFT Could Be a Smart Pick in 2025?MSFT has bullish signals from the multiple moving averages, RSI and volume analysis. However, wave principle asks evidence from the buyers. The wave count suggests that the corrective wave (B) is ongoing, and bears will control the final wave of the primary wave 3. Wave C will start falling nearby the supply zone and high of the 2nd wave of wave intermediate wave A. Wave C can fall up to 476 which will be the strength for wave primary wave 5. As per the chart, breakout above 540 will be a good signal for bulls to take charge back. Zones: Supply zone: 538 - 528 Demand zone: 482 - 476 I will update the chart and details shortly.
NASDAQ:MSFT
by Money_Dictators
1
USD/MXN Breaks Channel Resistance as Momentum Turns PositiveThe U.S. Dollar is showing renewed strength against the Mexican Peso, breaking above the descending channel that has contained price action since April. This breakout coincides with a push above the 50-day simple moving average (SMA), signaling a potential shift in momentum after months of consolidation. The next resistance area sits around 18.85–19.07, aligning with prior swing highs, while the 200-day SMA near 19.26 remains the broader resistance level to watch. On the downside, 18.50 now acts as immediate support, followed by 18.20 at the recent base of the channel. Momentum indicators support the bullish tone: the MACD has crossed above its signal line and is trending higher, while the RSI has moved above the neutral 50 level, indicating strengthening buying interest without yet entering overbought territory. Overall, USD/MXN appears to be in the early stages of a potential trend reversal, as technical conditions shift from bearish to neutral-to-bullish following the confirmed breakout from the long-term descending channel. -MW
by FOREX.com
GBP/USD Tests 50% Fibonacci Support as Momentum WeakensThe British Pound continues to show bearish momentum against the U.S. Dollar, with price recently breaking below the 200-day simple moving average (SMA) and testing the 50% Fibonacci retracement level drawn from the March–July advance near 1.2940. The 50-day SMA has also turned lower and remains below the 200-day SMA, reinforcing the medium-term bearish structure. A sustained move below this Fibonacci zone could expose the 61.8% level near 1.2745, while a rebound from current support may see resistance emerge around 1.3140 (38.2% retracement and prior support-turned-resistance). The MACD remains below its signal line, indicating continued downside momentum, while the RSI hovers near 24—suggesting that the pair is entering oversold territory and may be due for a short-term corrective bounce. Overall, GBP/USD appears to be maintaining a bearish bias in the medium term, though technical oscillators hint at potential near-term exhaustion within the current downtrend. -MW.
by FOREX.com
BTCUSD Bearish: Break Below 104,200 Targets 96,000Bitcoin on the 1D is trending lower after the early-October peak near 125,000. Price sits beneath the 20/60/120 MAs, and a clear Descending Triangle has formed with a flat floor at 104,200 and lower highs pressing from above. The heavy resistance band at 113,400–114,500 and the short-term cap near 115,000 continue to attract selling. Volume has favored down days, keeping momentum on the bears’ side. Primary path: a daily close below 104,200 confirms breakdown and opens 100,000 first, then the 96,000 objective. Aggressive sellers can also look for a failed rally into 108,000–109,500 to fade the lower-high structure. If downside accelerates, a worst-case extension toward 90,000 is on the table within the pattern’s continuation. Alternative: if 104,200 holds and price reclaims 108,500 on a strong daily close, a squeeze toward the 113,400–114,500 cluster and 115,000 resistance is plausible. That would signal a failed breakdown but not a trend change unless buyers can establish acceptance above those overhead levels. Trigger/confirmation: daily close < 104,200 for continuation; secondary trigger is a rejection from 108,000–109,500. Targets: 100,000 and 96,000 (bearish), or 114,500–115,000 (contrarian bounce). Invalidation: for shorts, a daily close back above 108,500; for any tactical longs, a slip back under 103,500 negates. This is a study, not financial advice. Manage risk and invalidations.
BINANCE:BTCUSDShort
by bbqgio
NASDAQ (NQ1!) – Bearish Divergence Potential PullbackOn the 1-hour chart, a clear bearish divergence has formed at recent highs, aligning with loss of bullish momentum and price rejection near the upper trend channel. The short-term structure suggests sellers may gain control, with potential retracement zones around the 0.5–0.618 FIB levels and an unfilled GAP below. If price confirms continuation after a minor relief bounce, we could see a corrective wave unfold before the broader uptrend resumes. Bias: Short-term Bearish – looking for retracement opportunities toward key support levels before potential trend continuation.
CME_MINI:NQ1!Short
by awaisulabdeen
USDCAD Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.39900 zone, USDCAD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.39900 support and resistance area. Fundamentally fed made it clear that a rate cut is unlikely in December which should strengthen the dollar against commodity currency! Trade safe, Joe.
Long
by JoeChampion
16
Gold (XAUUSD) Pullback Analysis: Testing OB Before TargetsA potential trading setup based on concepts from Smart Money Concepts (SMC) or similar institutional methodologies. Asset and Timeframe: XAU/USD (Gold Spot / US Dollar) on a 1-Hour (1H) timeframe. Current Price: The price is hovering around $3,983.55. Market Structure: There's a recent Break of Structure (BOS), suggesting an upward bias or a shift in momentum to the bullish side. The price is currently pulling back into a key zone. Key Zones/Concepts: OB (Order Block): The shaded gray area is identified as an Order Block. This is a zone where significant institutional buying/selling previously occurred, and the price is expected to react to it. $$$ (Liquidity/Equal Lows): The three dollar signs indicate an area of liquidity or equal lows below the current price action. These are often targeted for a stop-hunt or liquidity grab before a significant move. 1H / BPR (Balance Price Range): The lower green box is labeled as a 1H / BPR. A Balance Price Range is a more refined area of support/demand, suggesting an even stronger reaction zone if the initial OB fails. Projected Trade Scenarios: The dotted lines outline two primary possibilities: Bullish Scenario (Solid Line): A bounce from the OB (Order Block) to hit Target 1 ($4,030.00). Bearish/Liquidity Grab Scenario (Dotted Line): A drop below the OB to sweep the $$$ (Liquidity), potentially testing the 1H / BPR before a sharp reversal back up to Target 1 or even Target 2 ($4,050.00).
GBEBROKERS:XAUUSDLong
by fx_martin9
1
GOLD – When the Market “Whispers” About the Weakness of Buyers1️⃣ Market Structure – When the Bullish Rhythm Slows Down After a series of CHoCHs and BOSs, the short-term bullish structure has clearly broken. The zone around 4,027 – 4,030 now acts as a Strong High, where smart money likely absorbed most of the buy-side liquidity. Each retracement has become weaker, forming a sequence of Lower Highs — a classic sign of a distribution phase. The market is currently trading within the premium zone of the current range, where any reaction could be the “last kiss” before a potential drop toward lower demand areas. 2️⃣ Supply & Demand Zones – Footprints of Smart Money Zooming into price behavior, the Sell Zone 4,010 – 4,015 stands out as a key Bearish Order Block formed after the most recent BOS — a zone Karina is watching closely. If price retests this area and shows a clear rejection (e.g., bearish engulfing or upper-wick rejection), it could mark the beginning of a smart-money-aligned short setup. Below, the 3,938 – 3,920 zone remains the untested liquidity pocket — a Weak Low where buy-side positions are likely resting. Smart Money may target this area to complete the distribution cycle before generating a potential accumulation reaction. 3️⃣ Liquidity Context – Silence Often Speaks the Loudest Above the 4,020 – 4,030 area lies buy-side liquidity — a cluster of stop-loss orders from retail longs. A small liquidity sweep into this region followed by a strong bearish reaction would be a classic SMC pattern: grab liquidity, then move in the true direction. Once that liquidity is absorbed, price could accelerate toward the 3,938 – 3,920 zone to clear sell-side liquidity, finalizing the redistribution phase. 4️⃣ Trading Scenario – Following the Smart Money Flow Given the current structure, Karina favors short opportunities if price reacts decisively at the 4,010 – 4,015 zone, confirmed by bearish price action (such as a rejection wick or engulfing pattern). Entry: 4,012 – 4,015 Stop Loss: 4,030 Take Profit: 3,938 – 3,920 This offers an approximate 1:4 R:R ratio, aligning with a high-probability, structure-based setup. It’s not a trade signal, but rather a perspective — a way to understand how Smart Money moves and leaves its traces. 5️⃣ Conclusion – Patience Is the Quiet Strength of a Trader The market often speaks through behavior, not noise. Gold is currently in a quiet state — a moment of balance where Smart Money prepares for its next move. For Karina, silence itself can be the strongest signal when you know how to listen. This analysis reflects Karina’s personal view and is not financial advice. What do you see in Gold’s current structure? Could this minor push toward 4,015 be the start of a deeper move down? Let’s discuss in the comments 💬.
OANDA:XAUUSDShort
by Karina_ilina
1
Gold Awaits Direction Near $4,000 as Fed Comments Limit Upside🔍 Market Context Gold is trading slightly below the $4,000 mark in early Asian hours, pressured by the Fed’s hawkish tone despite weaker US manufacturing data. Fed Chair Jerome Powell signaled that another rate cut this year is “not guaranteed”, tempering expectations for further easing. Meanwhile, ISM Manufacturing PMI slipped to 48.7 in October, below forecast — showing a slowdown, yet not enough to shift the Fed’s cautious stance. Markets currently price in a 70% chance of a 25 bps cut in December and a total 82 bps by end-2026, reflecting moderate easing expectations rather than a full pivot. 📊 Technical Outlook (H1–H4) Gold is consolidating around the 3,984–3,985$ area, forming a reaction base above 3,963$ support. The structure remains within a short-term ascending channel, with the next directional cue likely from the 4,024$ resistance zone. Key Levels: • Support 1: 3,963$ – 3,984$ (liquidity defense zone) • Support 2: 3,923$ (bullish invalidation level) • Resistance 1: 4,024$ • Resistance 2 / Target: 4,046$ A sustained break above 4,024$ could trigger momentum toward 4,046$, confirming trend continuation. Conversely, losing 3,963$ would expose 3,923$ as the next liquidity pool before a potential rebound. 🎯 Trading Outlook Bias remains neutral-to-bullish as long as 3,963$ holds. If price reacts positively at this zone during the Asian session, short-term buyers may step in toward 4,024$–4,046$. However, any fresh hawkish comments from Fed officials could cap gains and trigger profit-taking. ⚜️ MMFLOW Insight: “Liquidity builds where patience fades — smart money waits for the crowd to act first.”
OANDA:XAUUSDLong
by MMFlowTrading
Indian Oil: Tight Range Breakout | Short-Term Swing TradeBUY Setup 🛢️ Entry: ₹166.25-166.50 (Current Level) Target 1: ₹170.05-170.50 Target 2: ₹173.59-174.00 Target 3: ₹176-178 (Extended) Stop Loss: ₹163.85 Technical Rationale: Consolidating near resistance at 166.99 level on 1-hour chart Strong uptrend from 161 to 167 in recent sessions Trading in tight range (166-167) - coiling for breakout Volume at 4.95M showing decent participation RSI around 65-70 zone indicating strength Price holding above key support at 163.85 PSU oil marketing company with government backing Crude oil prices stabilizing supporting sector Multiple resistance levels: 167, 170, 173.59 Clear support structure at 163.85 and 162 Risk-Reward: Favorable 1:3+ ratio Pattern: Ascending channel + consolidation near resistance on 1H chart - breakout setup Strategy: Intraday to short-term swing - Book 40% at T1 (170), 30% at T2 (173.50), trail remaining with SL at 167 after T1 Key Levels: Immediate Resistance: 166.99-167.00 (breakout zone) Strong Resistance: 170.05, 173.59 Critical Support: 163.85, 162.00 Timeframe: 1-hour chart for short-term traders Sector: Oil & Gas PSU - relatively stable with dividend yield Note: Stock at resistance - wait for break above 167 with volume for confirmation, or enter at current support with tight SL Disclaimer: For educational purposes only. Not SEBI registered.
NSE:IOCLong
by rmhetre15
ORCL Bearish: Breakdown Below 255 Eyes 241 then 230Oracle (ORCL) has rolled over on the 1D chart after its September peak, confirming a short-term downtrend. Price is below the 20/60 MAs and has closed under the lower Bollinger Band, while a clean Double Top is confirmed with a decisive break beneath the neckline around 280. The latest bearish engulfing candle adds momentum to the downside and frames 255.00 as the line in the sand. Primary path: a daily break-and-hold below 255.00 favors continuation toward the MA120 near 241.39, with extension into the measured move area at 234.00–230.00 if 241.39 gives way. If price retests 255.00 from below and rejects, that would strengthen the bearish case and improve risk-to-reward for shorts. Resistance sits first at the reclaimed-neckline zone 280–284, then higher at 316.00. Alternative: if buyers quickly reclaim 280–284 (or a daily close >285.00), the breakdown is likely a trap and a squeeze toward 316.00 becomes feasible. For tactical risk, shorts initiated on a breakdown can use 268.00 as invalidation; aggressive longs off 241.39 need a firm reversal signal and should invalidate on a daily close <240.00. Targets: 241.39 first, then 234.00–230.00 on sustained weakness; topside target 316.00 on a confirmed reclaim. This is a study, not financial advice. Manage risk and invalidations
NYSE:ORCLShort
by bbqgio
Weak U.S. PMI – EURUSD Ready to Bounce from the Bottom!Hello traders, The market is entering an exciting phase! As the U.S. PMI numbers continue to signal “fatigue,” the USD is losing momentum, while EURUSD quietly prepares for a strong rebound from the lows. This isn’t just a technical setup — it’s the market’s pulse before a potential breakout. The U.S. ISM Manufacturing PMI is projected at 49.4, still below the 50 threshold — a clear sign that the manufacturing sector remains in contraction. As the U.S. economy weakens, the USD loses strength , creating favorable conditions for EURUSD to recover in the short term. On the 4H timeframe, EURUSD continues to move within a descending channel, but the price structure is showing encouraging signals. The 1.15000 zone is a solid support, aligning perfectly with the channel’s lower boundary. If the price holds above 1.15000, there’s a strong chance EURUSD could rebound toward 1.16000, which coincides with the upper edge of the channel. 👉 Preferred Scenario: Wait for a small retest around 1.15000, then buy following the recovery trend, targeting 1.16000. The USD is weakening — and this might be the perfect moment for the bulls to regain control.
Long
by Kairo_Vexen
8
LLY Bullish Breakout: Retest or Continuation Toward 950–1000Eli Lilly (LLY) just cleared the key ceiling at 865 with a wide-range bullish day, closing near 896.53 and printing a session high at 901.34. The breakout resolves an ascending triangle and comes with expanding volatility and volume—classic continuation behavior in a dominant uptrend. With price above the 20/60/120-day MAs and bands widening, momentum favors the upside while acknowledging short-term overbought conditions. Primary path: treat 865–880 as the new Demand zone (polarity flip). A clean retest that holds this band and shows a bullish candle is a higher-probability entry, aiming first for 925, then the psychological markers at 950 and ultimately the measured move area around 980–1000. For traders preferring strength, a daily close through 902 would signal continuation in price discovery, using 880–865 as the first check on risk. If buyers fail to defend the breakout, a decisive close back below 860 invalidates the bullish thesis and opens room for a deeper shakeout. Until then, dips into 865–880 are potential buys, while strength above 902 can be used to add or initiate, with partial profit-taking into 950 and 980–1000 to respect the expanded volatility. This is a study, not financial advice. Manage risk and invalidations.
NYSE:LLYLong
by bbqgio
BoE Slows Down Rate Cuts – GBPUSD Gears Up for a Strong Rebound!Hello everyone, The market’s attention this week is on the Bank of England (BoE) , and in my view, the central bank may slow its rate-cut cycle as inflation remains elevated and economic conditions are still uncertain. At the same time, the UK Manufacturing PMI edged up to 49.7, signaling a mild recovery after a prolonged slowdown. ➡ This dual signal supports the GBP, while the USD weakens slightly as the U.S. PMI stays below 50. On the 4H chart, GBPUSD is moving within a falling wedge pattern — a classic structure that often indicates a potential bullish reversal . The 1.3060 area acts as a strong support, with clear buying pressure shown by the long-tailed candles. If this level holds, the pair is likely to rebound toward 1.3170, which aligns with the upper resistance of the wedge. Preferred scenario: Wait for a minor pullback around 1.3060, then buy following the recovery trend, targeting 1.3170. With USD weakening and BoE staying cautious , GBPUSD now has a golden opportunity to bounce back from its technical bottom.
Long
by Kairo_Vexen
13
Recap: ORB Pro in Action | “Discipline > Direction”Date: November 3rd 2025 Ticker: QQQ / NQ1! (5-min TF) Strategy: ORB Pro + Golden Pocket Retest + Volume Filter Focus: Trend confirmation & controlled execution 🧭 Market Context The morning opened sideways inside the ORB range — no clean conviction early on. Around mid-morning, sellers gained control as lower highs formed beneath the EMA band and the Golden Pocket retest (0.5/0.618) failed with volume confirmation. That break produced the clean short setup of the day, perfectly aligned with the higher-timeframe (HTF) downtrend. 🧠 Trade Review Early Entries: Entered pre-confirmation and took initial heat. Mid-Morning Setup: All filters aligned — EMA, volume, HTF direction. This was the textbook short that delivered follow-through. Late Session Attempts: Momentum faded after lunch, with signals correctly blocked as “Too Late.” Result: Several small wins offset by early losses, closing the day + $7.34 realized P/L after fees. 📊 Performance Snapshot Metric Value Win Rate ≈ 42 % Best Trade + $287.94 Largest Loss – $189.05 Net Result + $7.34 (Realized) Setup Accuracy High — execution mixed 📈 Chart Breakdown The 5-minute chart highlighted a short trigger around 26 260 – 26 280, with smooth continuation into ORB extensions. The ORB Pro filter marked “Blocked / Too Late” after the move — confirming that the system logic protected capital from late chases. 💡 Key Takeaways Patience > Prediction — early entries rarely pay off. Protect Green — partial profit lock once 1 R:R is reached. System Strength — ORB Pro continues to validate structure when filters align. 🧘‍♂️ Reflection “The system nailed the move — I jumped early. Still finished green, proving that execution discipline is the real edge. Tomorrow’s goal: one clean setup, one confident hold, and protect the profit.” 🧩 Next Steps ✅ Wait for full confirmation before entry ✅ Hold until 1:2 R:R min ✅ Avoid re-entries once HTF zone is tapped
CME_MINI:NQ1!Education
by TradeswithB
$SPY $SPX Scenarios — Tuesday, Nov 4, 2025🔮 AMEX:SPY SP:SPX Scenarios — Tuesday, Nov 4, 2025 🔮 🌍 Market-Moving Headlines 🚩 Jobs data on deck: Tuesday’s focus is on labor demand — the JOLTS report remains a key barometer for wage pressure, though it may not print due to the shutdown. ⚠️ Data blackout continues: The Trade Balance and Factory Orders are both delayed government releases, keeping markets dependent on Fed tone and price action. 💬 Fed-speak pre-jobs: Vice Chair Bowman’s early-morning remarks will frame policy bias ahead of ADP and Friday’s NFP. 💻 Volatility compression: With few confirmed reports, traders watch AMEX:SPY ’s range behavior and TVC:VIX positioning before the labor-data surge mid-week. 📊 Key Data and Events (ET) ⏰ 6:35 AM — Michelle Bowman (Fed Vice Chair) speech ⏰ ⚠️ 8:30 AM — U.S. Trade Deficit (Sept) — may not print ⏰ ⚠️ 10:00 AM — Factory Orders (Sept) — may not print ⏰ ⚠️ 10:00 AM — Job Openings (JOLTS, Sept) — may not print ⚠️ Note: All three macro reports are subject to delay under the continuing government shutdown. Expect headline-driven trading and low data-volume volatility until Wednesday’s ADP and ISM Services releases. ⚠️ Disclaimer: Educational and informational only — not financial advice. 📌 #trading #stockmarket #SPY #SPX #Fed #Bowman #JOLTS #TradeBalance #FactoryOrders #bonds #yields #economy #shutdown #macro
AMEX:SPYLong
by TrendTao
BTCUSD — RangeBTCUSD — Range Dilemma 🧭 Context BTC attacked the daily volume low at 106 463.30 — precise hit, clean reaction, but no reclaim yet. Price stalled under that zone through NY session, keeping structure heavy while the dollar impulse held firm. The move reflects a controlled liquidity sweep, not yet a shift in intent. 📈 Technical POV We’re parked at the 106 463.30 daily volume node, the structural hinge of the current range. A close below confirms algorithms pressing the next leg lower. If we reclaim and hold above, the path opens toward 111 629, the next liquidity magnet capped by a single-print zone. Daily structure remains stretched; weekly bias still corrective. 🌍 Macro View Dollar strength persists after the Fed’s “pause for now” tone and steady 4 % yields. Global risk tone stays cautious — crypto remains reactive, not leading. Until DXY cools off, BTC trades inside compression with limited directional clarity. 🎯 Plan Patience first. Wait for a 1-hour structure shift to confirm bias. If the dollar corrects, BTC can rotate higher; if not, expect continued testing near the lows. 🧠 CORE5 Note Professionals don’t chase noise. They let structure prove strength before conviction follows. Institutional Logic. Modern Technology. Real Freedom.
COINBASE:BTCUSDLong
by CORE5DAN
EUR/USD Elliott Wave Update: Wave (iv) Correction UnfoldingThis EUR/USD chart shows the market undergoing a complex corrective phase, labelled as wave (iv), likely forming a triangle pattern (a)-(b)-(c)-(d)-(e) after an impulsive rally. The correction is taking place within a well-defined base channel, suggesting consolidation before a potential breakout into wave (v) targeting higher levels near 1.19–1.20. As long as the channel holds, the Elliott Wave structure supports a bullish continuation once the correction completes. Keep following for regular breakdowns as the bigger trend unfolds.
by EWaveInsights
NVDA Bull Flag: Breakout Toward 220–230NVDA’s 1D chart remains firmly bullish. Price cleared the ~$195 “BOS” and pushed to fresh highs above $205, with MA20 > MA60 > MA120 and widening bands supporting momentum. The near-term map is clear: Demand sits around $183 (former ceiling turned floor), while supply is forming at the new swing high near $209.50. Primary path: I’m looking for continuation on strength. A daily close above 209.50 would confirm buyers in control and opens room toward 220–225, with a stretch scope to 230 if momentum persists. If price hesitates first, a constructive retest of 195–198 (prior breakout area) can serve as the higher-low buy zone—especially if volume firms and intraday closes reclaim $200–203 quickly. Alternative: Failure to hold recent gains brings a deeper check. A daily close below 203.00 risks a slide toward the $200 psych handle and then $195–198. The broader bullish thesis is invalidated on a decisive daily close below 183.00, which would mark a clear break of structure and shift the bias back to neutral/bearish until reclaimed. Triggers to watch: daily close > 209.50 for continuation; weakness below 203.00 for a corrective leg. Manage entries around 195–198 or on strength through 209.50, and keep risk tight relative to 203/183 lines. This is a study, not financial advice. Manage risk and invalidations.
NASDAQ:NVDALong
by bbqgio
COIN Bullish Continuation: Breakout Above 361 Toward 390–400COIN on the 1D chart is pressing near recent highs after breaking a multi-month range in early October and flagging through most of the month. Momentum stays constructive with price above the 20/60/120-day cluster and Bollinger Bands expanding. The prior range top has flipped to support, keeping the structure bullish. The immediate hurdle is resistance at 355, with the recent swing high at 361.40 acting as the confirmation line. A daily close above 361.40 would validate the bull-flag continuation and opens room toward the 390–400 zone, with interim interest around 375. If momentum pauses first, a controlled pullback into 330—aligned with the breakout retest and the MA60—would be a constructive demand zone; 320 is the key higher-timeframe floor that anchors the trend. Primary path: look for a break-and-hold above 355/361.40 to extend into 375 and then 390–400 as the next resistance band. Alternative path: if price fails to reclaim 355 and loses 330, expect a drive toward 320; a daily close below 320 would invalidate the bullish thesis and shift risk to a deeper correction. This is a study, not financial advice. Manage risk and invalidations.
NASDAQ:COINLong
by bbqgio
2
AMD Bull Flag: Breakout Above 262 Toward 286AMD on the 1D chart remains firmly bullish after its October surge, now pausing in a tight flag beneath the recent swing high at 262. Price is riding above the 20/60/120 MAs with all slopes positive, and Bollinger Bands have contracted after expanding during the rally—classic consolidation behavior. The prior ceiling at 240 has flipped to support, framing a clean structure for continuation. Primary path: a break-and-close above 262 confirms the bull flag and opens room toward 286, where measured move projections align with the first objective. Traders wanting earlier exposure can stalk dips into the MA20 buy zone at 245–255, but confirmation still matters—strength should be reflected by a daily close reclaiming 250s and then 262. If momentum extends post-breakout, consider trimming into 285–290. Alternative: if buyers fail to punch through 262, expect further range development between 240–262 while energy builds. The bullish thesis is invalidated on a daily close below 240, which would point to a deeper retrace toward prior October levels; risk should be sized with that line in mind. Trigger: daily close > 262 (breakout). Targets: 286 first, then manage into 285–290. Invalidation: daily close < 240. This is a study, not financial advice. Manage risk and invalidations.
NASDAQ:AMDLong
by bbqgio