Detailed support and resistance zones for Nokia.
Thicker lines mean they're more likely to provide resistance to price movement.
Zones have been identified through use of Fib levels, as well as historical price action.
Trade Safe & Use Stoploss.
How you use this chart is up to you.
You may want to trade the range, you may want to try for a longer term swing...
Support and resistance on Tesla.
Horizontal lines indicate support and resistance levels.
These may not be exact, but should be fairly close to pivot points.
Dropping below lower trend line would favor bearish expectation with a bounce at $550-$600 and a bottom at $250-$300.
Above upper trend line has heavy resistance up to $1000, then $1200.
Support and resistance areas on chart.
I highly doubt Uber can be profitable until the pandemic is over.
We may even see lower lows, but it's too early to tell.
Trade safe & don't forget to use stoploss orders to mitigate risk.
After a good run TSX:CM is up around 12% from the time of writing since the last chart was put out. (Link at bottom)
As there is plenty of resistance around this level i think it's best to sell.
I think we could see a very deep retrace from here, so I'll be watching to re-buy around $100 if I can!
Keep watching for bullish price action below, and don't get...
I have outlines two possibilities for Ethereum.
On the left is a simple correction, that should top out at a max aprx $189.00
A price over $260 would invalidate this idea.
Keep in mind, that this current area of $147~ is a resistance zone and may be the top of this correction.
On the right is a complex correction that could top out at around $650.00
One more leg down for Amazon.
This will complete the correction to .382 of wave 4 to wave 5 top at 2050.
Expecting either down from this area, or to touch upper trend line of the expanding triangle then head down.
Target at aprx 1K.
Ethereum is doomed to keep falling.
The question is: Where is the next top?
Luckily Ethereum has a fairly predictable pattern to show us the way.
Below i have listed the resistance zones in order of most likely to least likely be the next top.
These are in order of most likely to least likely.
$147: Previous top resistance.
$169: Fib resistance. (.618)
Using wave theory to complete a wave cycle this seems to be the most likely scenario.
Ethereum currently has no fundamentals or use case to back it's price.
Perhaps either of those two things could help Ethereum recover, but until that point in time I can see ETH at $12, or ever under $1.
Expecting Eth to hit a high of either $169 or $189, before...
Amazon Price structure guess.
This should complete the wave count to 61.8% retrace on Amazon to 1K.
I have the 61.8% retrace at about $975, but 1K should be a psychological support and makes more sense to stop just above.
Looks like we're stuck between two possible patterns.
My outlook is that a break over 4.2K Will complete the IHS and should bring us to 5.23K.
Strong fib confluence at 5.23K is show as:
.618 of the large swing & is the same fib as 1.886 of the 3.1K to 4.2K swing.
A break under 3.5K should have us zigzag down to about 2.45K.
1.618 of 3.1K...