After a very big bull phase on the NVDA Stock, we start to see some reversal pattern on the 1.618 fibonacci level of extension. We can see the formation of lower lows and a stop hunting at the top (and near the extension level we are looking at).
What are we looking from ?
First we want to see the recent gap to be filled on this swing position (around the $315.0...
Primary Chart : TSLA's 2D Price Chart with .618 Fibonacci Retracement of Decline from All-Time High to Jan. 2023 Low and Various Degrees of Trend Represented by Conflicting Channels
SUMMARY:
1. TSLA's technicals are unclear and conflicting. The trend from the 2021 all-time high remains downward until broken. The trend from the January 2023 low remains upward but...
Hey everyone,
So getting to try out some new tools this week.
If you see the chart above, you will see we now have thresholds, prospective ones, for the weekly forecasted levels. So that is a new addition! And I think a helpful addition. I was playing around with this idea for a while and finally was able to execute it quite functionally.
Here is an example of...
GME SAVE THE TAPE!
Back in June 2021, I warned people to GTFO out $GME when it was trading at $212 Today it trading at $20
and about to waterfall again. Despite my several follow-up warnings over the last year and a half people
continue to fight me on this. SMH!
We finally broke out today and made a new high. MACD is also still raising pretty strong. If my count is right we have already begun extending, so all I can say is expect a reaction at the &/or 1.618. The 1.618 would be a good place to start carving out some 3-4's to finish out wave iii around the 2.0. Then a minor retrace for iv before we raise to finish v of...
Are we seeing a divergence in the market?
Interest rates & yields have cooled off significantly in recent trading sessions thus providing the perfect tailwinds for tch to continue higher.
Todays price action saw Tech make a new nominal high as yields were falling but ended up reversing lower. The fact that tech appears to be selling off under falling yields...
Currently I have NVDA starting a c-wave of iv down to 467 minimum. If at anytime price breaches the $449 area, chances become very high, NVDA may have topped. Under that scenario, I expect price to find support in the $400 region and to hold that area and rally, could mean that is our minor a-wave bottom.
Suffice to say, if you own NVDA, raising some cash at...
AMEX:SPY SP:SPX $ES_F Analysis, Key Levels & Targets
That downtrend, huh? Clearly a wall.
This range should look familiar with a few small adjustments. We have not had a single close above that big downtrend yet... and ultimately we have been trading flat around it...
Place your bets - do we break out with conviction here, or do we drop down to close...
After reporting earnings earlier last week, shares of NVIDIA have been struggling to march higher, and if you wonder how this is possible despite astounding results, here is some food for thought. The tech giant has experienced an unprecedented rally of more than 360% since October 2022, and it is no secret that the revolution in the AI sector has highly...
It was almost a month ago (November 03) when we called for the start of a rally on Tesla (TSLA) as part of the bullish leg towards the top of the Falling Wedge pattern (see chart below):
Today the stock hit our $250 target and immediately got rejected at the top (Lower Highs trend-line) of the Wedge. That was on the 0.786 Fibonacci retracement level of the...
I have been keeping an eye on NASDAQ:TSLA as it keeps putting in higher lows. It looks to me that we have a wedge pattern inside a larger wedge pattern. I have started a ½ size position in anticipation of running up to the larger wedge pattern where I would expect more resistance.
In addition, NASDAQ:TSLA is now above all shorter-term moving averages and the...
Apple has been bouncing from this demand zone for awhile now, this huge momentum is gonna catapult us to $194 with a 1min gap down from today from the credit card news. We'll see $194 by the end of next week! NASDAQ:AAPL
the long-awaited Tesla Cybertruck event is happening tonight, and investors are eager to see how the unveiling will impact TSLA stock. If you're thinking about going long on TSLA, here are a few things to keep in mind:
Consider the Potential Impact of the Event
The Cybertruck event is a major catalyst for TSLA, and it has the potential to send the stock price...
