TraderGG100

TraderGG100 Updated 

Tesla has destroyed all bears once again, including myself. Tesla's break out once again is launching the stock price higher - This time the stock has entered the vertical phase of the parabolic trend This trend line holding yesterday was a vital part, and a confidence boost to all bulls. No need to be bearish on this stock until the 800's - then wait and...

TraderGG100

What are you worried about. Why are you fearful Why are you looking at indicators that look negative and expanding that in your mind Why are you even thinking at all Just Buy the Dip.

TraderGG100

Many reasons to buy. ignore the news. Maximum fear due to court issues / performance issues etc, like after literally pumping 10x like crazy within a month. Technical points - 50 Day MA support - 0.713 fib support - double bottom formation - %60 drop from all time highs within 2 weeks. I expect a 'fear rebound' and probable outcome is the gap close at $83

TraderGG100

As per previous commentary this is just gonna moon hard Please be careful in trading.

TraderGG100

NIO has broken out of the triangle consolidation to the bullish side - That quells a lot of the bear fear in this stock. A close above the prior swing high ( approx $49.60) and it is a clear Long for me. MACD daily about to cross over to the bullish side 50D Bounce of with continuation to the upside. Tesla Breakout out as well - Hence Nio should follow suit.

TraderGG100

PLTR breaking and closing above the symmetric triangle was a confidence boost for the upside. Currently most ipo/ hype stocks are selling off whilst money heads into the stable stocks of the SP500 Warning to PLTR long holders - A close below the 20 D SMA is a warning for further price decreases. The MACD is also in negative territory Would I go short on this?...

TraderGG100 Updated 

Why this chart is bearish: Moving averages - short term and medium term down. TD sequentials - Red count on higher time frames ongoing Chart analysis - Descending triangle : 65/35 % chance of down/up respectively Why this is a better short call than last time - Last time the RISK was the swing high at 480 - 20+ % which makes a very high risk relative to...

TraderGG100

Nio is potentially forming a descending triangle If prices actually move back to touch 39.50 again, this creates the descending triangle at play. a 4th Touch drastically increases the probability of a downwards break. A break below the support $39.50 is a disasterous scenario for Nio - I am not predicting this would happen, rather preparing and reacting IF it...

TraderGG100 Updated 

Assume the trend Symmetric Triangle formation High risk reward trade no matter what position you are taking - as the risks are defined and narrow given lower volatility. I'm betting on up and so should anyone until proven wrong. Triangle targets $40 if it goes to the upside.

TraderGG100

Snow has found Support at the 20D SMA Given the stock release sell off fear is now over, only good days remain for now I 'm aiming to buy here and sell prob 380-400 region, and assess further re can it go higher.

TraderGG100 Updated 

Let me keep this short. See previous post for my reasons to short at 650. I have taken 20% profit, stop losses at 660. Hence this would ensure I will still gain a small amount after stops if I'm wrong. Hedge funds aren't stupid And the smart money ain't dumb. Retail investors dream is to "buy before the funds do" to "sell it to them at a higher price on the...

TraderGG100

The daily being supported buy the 50 SMA and 39 Dollar support - This thing will at least hit the 0.618 Fib mark - Around 50 dollars Long live the Nio

TraderGG100

Fundamentals : -Unprofitable ride sharing company that got beaten in stock so bad that it's good (for buyers. Why do I say this? When there's so much FUD and stock prices get beaten so bad, weak hands are out and only true believers remain holding the bag. When an uptrend occurs , these believers don't sell hence it only goes up and up) -Earnings actually showed...

TraderGG100 Updated 

Buy the Dip until proven otherwise in Bull trends! Correction probably due to profit taking/ selling in anticipation of Dec 14 Snow Lock up Expiry Elliot wave theory suggests another wave 5 to come, with wave 4 correction. Descending wedge on correction - higher probability of upside move I have bought early at 377, a bit early in hind sight, But If you see my...

TraderGG100

A profitable mortgage lending company with great fundamentals 3 month bear trend, created its first higher low and just broke out from within the tight triangle boundary This is breaking out, I expect this to rocket soon - perhaps late December or January 2021 I have not added a position yet - I'm the type to wait for a daily 20 & 50 SMA Bull cross with both...

TraderGG100

There is an upside down cup..... and an upside down handle of a cup .... A daily close below 375 will trigger the short trade TD red sequentials daily and Weekly already has triggered the trade. Why I like this idea : - Vaccines may mean investors turn their attention away from Covid stocks and towards e.g travel, ipos, - Downwards moving daily short &...

TraderGG100 Updated 

Reasons to be bearish on Nio stock PRICE (the Company is good) Bearish pennant formation - symmetric triangles on downtrends are bearish generally Other China EV's in down trend after tremendous hype TSLA probably topped. End of year profit taking Profit taking to partake in Hyped IPOs such as DASH and Airbnb Target according to pennant - 29.50 Dollars, at the...

TraderGG100 Updated 

4HR TD count wise, whatever price snow may be mid next week I see it as a wise move to take profits and sell. A 4hr TD 9 to be hit mid next week.