It's Fryyyydayyyy ... (which is when I tend to do all my "stuff"). Well, unless you've been hiding under a rock (no judgment here), you'll know that premium-selling in broad market isn't very good here, with IWM IVR/IV at 12.3/19.7%, QQQ at 9.1/20.1%, and SPY at 6.8/14.4%. That sub-25 IVR is telling you that broad market IV is in the bottom quarter of its...
support & resistance guide: Megacap TECH stocks & Stock Market Forecast
support & resistance guide Megacap TECH stocks & Stock Market Forecast
Hi Traders, Investors and Speculators of Charts📈📉 The markets are trading in the red and it can be hard to spot good trading opportunities during bloodbaths. On the charts, we're looking at: CHEWY NYSE:CHWY Spot position, anticipating trading back up towards the gap. +17% , low risk high reward trade WALT DISNEY NYSE:DIS Spot accumulation,...
Morning pop was OTM. SPY moves ahead to resistance without equities. TSLA sits with no structure below. Sit to long at resistance and we will dump. Otherwise Watch the break of COST BASIS ABOVE.
Watching TSLA today for a pop and drop, using the structure above and below if those are broken we can expect a big day, if we stay in between the two. Options chop and we are OUT.
Here is both a bullish and bearish perspective of TSLA. Momentum is currently bearish right now but so ill be more keen to to taking puts at open BUT if price where to break the green level it will stop many bears out and there will be plenty liquidity for an explosive move to the upside for Calls. Be patient because nothing is ever 100% in the market.
support & resistance guide 7 Mega Cap Tech stocks | QQQ SPY Forecast
support & resistance guide 7 Mega Cap Tech stocks | QQQ SPY Forecast
True to the title, we experienced some serious range and PAIN. We are now in premarket trying to open BELOW support meaning we have to find one under us. I am not bearish until we break into that structure below.
Simple 4h Inside bar pattern with a supporting 10m bear channel with previous days reacting similarly you can expect a strong bearish move into the lows but nothing is ever 100% in the market. First low is a majority trim, Second low is a remainder close runners up to you but I wouldnt due to the macro position of TSLA as it sits right above a weekly level.
support and resistance guide Stock Market QQQ SPY 7 MEGA cap Tech Forecast
support and resistance guide part 2 Stock Market QQQ SPY 7 MEGA cap Tech Forecast
On the chart, we can see that Tesla was in an uptrend on the lower timeframe, however recently the upsloping support failed and after that the price backtested this support as a resistance and got rejected. We expect that the price will push higher and will create another lower high and from there we will see more downside. Our target is 0,2236 fib level which...
Tesla is in a good position, a good profit can be made from it
Another great move from NASDAQ:TSLA but where we open matters. expect some chop before the move
Global liquidity is trending down Bearish RSI divergence on AMEX:SPY and NASDAQ:QQQ NASDAQ:RIVN like practically all EV stocks and Tech stocks are over-extended from MA's Daily TD 8 Count $27.16 may have been the HOY. If not, I'm expecting for big money to push price up to $28 before we see a steep pullback or reversal. NASDAQ:RIVN has not tested...
Support and resistance guide QQQ SPY & 7 Mega Cap Tech Stocks Forecast