After ugly sell off. SHOP is near to trendline support or gap resistance 55-57 let see
What an absolute monster Cup & Handle on the 4hr. GME has been on quite the run lately. If this continues we could see another $3 to $7 gap up over the next week or so according to the Fib Ext. And being DFV is now active again, this may be the catalyst needed to spark the fuse on this weekly Bull Flag that has begun to finally breakout.
From my perspective, NASDAQ:NVDA NVDA working on wave 5 right now and it could fly to 1050+. Lets see what will happen before its ER.
Has a gap to fill quite far down but bears look hungry to take this one down after a great run so far in 2024
Hello Traders and Investors, today I will take a look at Intel Corporation. -------- Explanation of my video analysis: In April of 2022 we saw a major break towards the downside on Intel stock which was then followed by more bearish continuation of roughly -65%. Then Intel retested a multi year long structure and created a pretty decent bullish reversal and a...
Let's take a look where SPY will end up 2 weeks from now.
SPY has been breaking all resistance levels since bottoming in April. VX continues to decay. We're not getting much volume and things are volatile, but if SPY is able to break out of yesterday's high and hold a retest, it could see a rally back to $520.
The details are self-evident on the chart ... been following this guy since the beginning. An end of an era or maybe just a slight reset until what's next reveals itself in the charts. Fib extension of 2.272% maxed out at the top. If you're a believer, plan your next steps accordingly. And, enjoy every sandwich :)
(11 May 2024) Watching AEO as a potential breakout trade. Potential Entry: $25.15 Initial S/L: $ 22.14 Counter has appear to have completed Subminuette Wave iv as a Flat correction from its Subminuette Wave iii High at $26.44 Look to play the breakout trade as soon as it triggers the $25.15 high Trade will be voided if prices break down in the opposite direction...
(11 May 2024) Opened a new position into BRK.B as a Trend Continuation trade Entry: $411.35 Initial S/L: $ 395.66 Counter has appeared to have completed Micro Wave 4 as a Zig Zag correction from its Micro Wave 3 High at $430. Look to ride the trend back up to its Micro Wave 3 as the initial target.
My dear subscribers, This is my opinion on the QQQ next move: The instrument tests an important psychological level 442.04 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 433.35 About Used Indicators: On the subsequent day, trading...
1) As you see i drew 2 resistance lines on CCI indicator and one of them will have been broken soon but we will wait for second one. 2) I drew resistance line on DMI indicator and it has not been broken yet.
There are many ways to make money with stocks. You can buy well-managed companies with growing earnings, hold them for years and watch the stock prices rise as the company succeeds. This conservative investing style sometimes rewards investors with huge long-term gains. For example, early investors in Microsoft or Bitcoin saw their investments grow MultiX in a...
Learning Happens when you're open and curious and making observations from what you see. From there, you must be mentally balanced to take action on your observations. In this post, I focus on the price action that happens in the pivot portion of a swing cycle. If you make observations of this area you will see a certain kind of repeating behavior that can help...
Is TakeTwo Interactive Software Fairly Valued? We use what is known as a 2 stage model, which simply means we have two different periods of growth rates for the company's cash flows. Generally the first stage is higher growth, and the second stage is a lower growth phase. To begin with, we have to get estimates of the next ten years of cash flows. Where possible...
Coinbase's stock price has been in a downward consolidation phase since March, with a key level zone identified at $190. This zone represents previous highs and serves as a crucial support level during this period. A breach below $190 could trigger selling pressure, potentially pushing the price lower towards the open gap at $143. This scenario suggests that a...
Due to the placement of the platinum price at the lowest weekly Bollinger support level and investors entering to buy platinum last month, we can expect an increase in the price of platinum and other metals in the next 3 weeks up to the specified targets.
hi traders The price is retesting the previous support level which looks like it remains strong and I´m expecting a temporary bounce before going low. I am expecting that the price will move up from the support therefore it is a good entry for long with the target at 191.33$. Stop loss is shown on the chart.