Nathan_Black

Nathan_Black

In our last public study (Sep 25), we identified resistance at $265 as a key point for us, and that if a correction were to occur, the area around $233 would be our next support point. Now, we've reached our target at $265, and corrected up to our support point, according to plan. So we should update our key points. The link to our latest TSLA study can be found...

Nathan_Black

PLTR broke through the resistance at $38 that we warned about in our last study, triggering another bullish continuation pattern. It has also broken through an important resistance on the weekly chart, which further reinforces the bullish bias. Now we have to update the main turning points to keep an eye on over the next few days. The link to our previous study...

Nathan_Black

Since our last study on NVDA, the price has successfully held above its critical support points, and we now see a good recovery. The “Above the Stomach” pattern that we identified last month has been triggered, and NVDA is now looking for its next resistance levels. The link to our previous analysis is below this post, as usual. Daily Chart (Left): Higher...

Nathan_Black

In our last analysis last week, we had already identified a critical support point around $565, which is once again acting as a support, as expected. However, in the light of new evidence, we have to update the central point of the idea, and draw up possible scenarios for us to work on next. The link to our prevous analysis on SPY is below this post, as...

Nathan_Black

Since MU broke through its reversal point at $91.47, the stock has entered bullish territory, and has now reached our technical target at $111, which was set in our last public analysis on September 18, when the price was around $88 (link below this post). Now that the technical has materialized exactly as expected, according to the evidence we had at the time,...

Nathan_Black

In our last TSLA analysis we warned about resistance at $233 and that a breakout would take us to the next target at $245 to close the gap. Now, two weeks later, our target has not only been reached, but broken. So I'll update you on the next key points to keep an eye on. Our last public TSLA study was done two weeks ago here on TradingView, and the link to it is...

Nathan_Black

In our last analysis on AMD, we correctly identified the persistent uptrend, and set our target at $162, which today, exactly two weeks later, has been reached. The link to our previous public analysis on AMD (from Sep 11) is below this post. This is now a critical point for AMD. Daily Chart (Left): Resistance Test: The price has rallied from the lows and...

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Daily Chart: Trend Continuation: PLTR is maintaining its bullish momentum as evidenced by its consistent move above the 21-day EMA (blue line), which has acted as a dynamic support throughout this uptrend. The price recently pulled back but bounced back after testing the $33.13 support level, which also aligns with previous top in August. Key Support: The...

Nathan_Black

Daily Chart: Polarity Change: The previous top at $565.16, which was earlier acting as resistance, now serves as a strong support. This follows the principle of polarity in technical analysis, where resistance often transforms into support once broken. The price has successfully retested this level and bounced, affirming its significance. Price Momentum:...

Nathan_Black

Daily Chart (Left): Double Bottom Formation: The price has formed a double bottom pattern near the $85 level, which often signifies a potential reversal point. This suggests that there might be bullish pressure accumulating at this support zone. Gap: There is a clear gap in the price action from July, which could potentially act as resistance. Gaps often...

Nathan_Black

Daily Chart: The price has retraced to the 50% Fibonacci retracement area around $115, showing a potential area of temporary support near the 21-day EMA. This is often viewed as a significant retracement level where price can consolidate before deciding its next move. Resistance is clearly visible around $120.79, which aligns with both the 61.8% Fibonacci...

Nathan_Black

On the daily chart (left side): NIO has broken above the previous resistance level of $4.92 with strong momentum, signaling a bullish move. This breakout occurred with a large bullish candle, suggesting strong buying pressure. The price is now approaching a significant resistance level at $5.63. It has attempted to test this level, but so far has not...

Nathan_Black

Looking at the QQQ daily and hourly charts, a few important patterns and levels emerge. On the daily chart, QQQ has reached the key resistance level at $476.53, which corresponds to a previous high. The price has had a strong rally from the support at $448.19, showing consistent strength above the 21-day EMA. However, the area around $476.53 is critical because a...

Nathan_Black

Looking at MSFT's daily chart, the price action shows a strong upward movement recently, breaking above the key resistance level at $426.79 and reaching the next resistance at $441.48. The 21-day EMA is currently trending upward, supporting the bullish momentum. However, the price is now pulling back slightly from the $441.48 resistance level, which might indicate...

Nathan_Black

Looking at TSLA's daily chart, the price has recently climbed back to challenge the major resistance level at $233.09 after bouncing from a rising trendline. This trendline support has played a crucial role in propelling the price higher after a period of consolidation. However, the stock faces a significant challenge at the $233 level, which was previously a...

Nathan_Black

Looking at the daily chart of AAPL, there is a noticeable bullish reaction above the 38.2% Fibonacci retracement level, indicating that buyers have stepped in to defend this level. This suggests that there could be some bullish momentum building from this area, especially as the price begins to rise after this pullback. The 38.2% Fibonacci retracement has provided...

Nathan_Black

Looking at the daily chart of AMD, we can observe a Bullish Harami pattern emerging just above the 61.8% Fibonacci retracement level. This formation, often seen as a reversal signal, indicates that the recent downtrend might be coming to a halt. The price bounced off the 61.8% Fibonacci level, which suggests this area is a strong support. The next significant...

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Looking at the daily chart of AVGO, we observe a hammer candlestick pattern forming after an exhaustion gap, signaling a potential reversal. This hammer, typically seen at the end of a downtrend, indicates that the sellers may be exhausted, and a reversal could be on the horizon. Additionally, the gap left behind earlier this month has been almost filled, which...