Ok, NIO hit the 61.8% retracement, and this is not a surprise for us, as we discussed about this possibility in our last analysis. Today, it did a bullish harami outside the Bollinger bands, the RSI was around 30s, and just above the 61.8% retracement, a perfect indictor of a rally ahead. But the 20ma and the 38.2% retracement are resistances now, and we must be...
Ok, WISH did break the pivot we mentioned (12.10), and it triggered the buy sign! Now we are off to the 15! Today’s movement was good, but since it was a bit overbought, now it is doing a correction. The 4h chart is starting to show us a good movement as well, and it is easy to see why the 15 is our target (previous top). The RSI is a overbought too, but I...
PLTR almost hit our target at 26, and I still think it’ll hit there, but we have a correction first. The RSI was too overbought this morning, so, that was expected. Now the 25.04 is a breakpoint for us, and if PLTR loses it, the advanced breakdown on the RSI will confirm. This could make PLTR drop to the 24.60 area in the 4h chart. We have the 20ma and the...
Nio is doing amazingly well these days, but in the past two days we see a congestion, and now NIO finally hit the 38.2% retracement. Nio must not trade below this level, or it’ll hit the 61.8% next, around 45.50. But if the retracement holds the price, then the 50 is the next stop! We have a strong momentum here, and for now we must focus on the 38.2%...
We have a trading range in the 30min, between the 60.46 and the 58.76. When we look at the daily chart, we see that RDFN is slowly accumulating, and we are near the support at 56.23 and the 20ma. The BB are getting tight, and if RDFN breaks the 60.46 there’s a good chance it’ll hit the 64s. This could be the beginning of an impressive movement next, leading...
It looks like WISH is inside an ascending triangle, the base is the red line, and the resistance is the 12.10. I think WISH will stay there for some tie, before it breakout – and I believe it’ll be upwards. If WISH breaks the red line, then the 9.68 is the nest stop, and the bullish thesis won’t work anymore. But if it breaks the 12.10, it’ll rally to the...
Yes, STNE is doing some good movements lately. It broke the 64, the Bollinger Bands are showing some volatility again, but the RSI is already overbought in the 30min. This means that STNE can drop tomorrow or next week, to the 65 again. We are gaining momentum here, and if we break the 67.79, the 77 is the next stop for us! The problem is if STNE drops to the...
OKTA has a double top in the 30min, and an RSI divergence as well. This indicate weakness, but it is true that OKTA can do something pretty nice, especially if it drops again to the 20ma. Things could go wrong if it loses the 20ma in the 4h chart. But OKTA ia almost breaking the pivot at 231.81, and this will make it close the gap at 245. We see no RSI...
ARKK is following the same movement seen on several tech stocks today: A possible double top in the 30min, indicating a brief exhaustion, but this is expected. The 119.15 is the pivot we must see broken as soon as possible. This will lead to a greater upside movement in larger timeframes. The red line is not going to be an easy foe for ARKK, as it seems the...
Yes, PLTR what we said yesterday, and it broke the 24.93! It even did a pullback to this point (and the 20ma) to give us another chance to buy. Now PLTR is just going up and we have a bullish momentum in course. If it falls again, probably it’ll react and give us another chance to buy. Although we are still in a congestion, PLTR has been breaking its pivots, so,...
Yes, AAPL has been incredible! It hit our target at 131, and now in the same day it hit our second target at 132 and closed the gap. Now, the 131 is a support for us, and it is close to the 20ma. Since AAPL is a little overbought in the 4h chart, there’s a chance it’ll lose the 131 again and seek the 20ma. Also, we are near a resistance area, and this point...
Hey guys! Another trading idea for you! CMPS looks interesting for a swing trade! In the 4h chart it is doing a good bullish pattern (harami) just above the 20ma and the 36.36 (red line). The purple area is a resistance area, as the daily chart suggests. CMPS just hit the 20ma in the daily chart too, along with the 20ma. If it loses these points, then we must...
Ok, MSFT finally closed the gap, as we expected it would, but now it has some problems, and we must be aware of them. First, we have a divergence on the RSI, indicating some exhaustion. Second, it lost the 257, and although it did a brief recover to the 20ma, it couldn’t keep above the black line. In our last analysis, I was saying that the gap were at a 261,...
As @ asadi2 requested, let's see how XPEV is doing! Yes, XPEV looks interesting, but there a few things that we should be aware of! Yes, we have a pivot at 41.13, that if broken, could make XPEV fly to the 43 in the blink of an eye. But in the 4h chart we have a RSI divergence, and an advanced breakdown. These patterns aren’t confirmed yet, but they will be...
We detected this bearish divergence on the RSI just in time! Now NIO hit the first target we talked about yesterday, but we have some things to say before anything else. NIO has been duplicating the amplitude of its congestions each day, as the black arrows show us. And this indicates that the trend is bearish, at least for now. But NIO was oversold today, and...
Yes, PLTR did the pullback as we expected, and it hit the target we mentioned yesterday. In the beginning of the day, PLTR opened outside the BB, but it closed the first candle inside it, indicating exhaustion. It also hit the support we talked about in the 4h chart. But before we switch timeframes, look at the pivot at 24.93. If PLTR breaks it, probably we’ll...
CRWD is one of the stocks that are on my radar, but we can’t trade it right now. Why? Because it is sensitive to the Nasdaq, and if the index drops in the next days, probably CRWD will do it too. I see the 227 as an important breakpoint, that could make the stock reach reasonable levels again, if it loses it. See, the 227 was a top level before, and a support...
Ok, PLTR was doing just fine, but it did this immense red Marubozu in the 30min chart, at 10am and this destroyed the bullish thesis (but not for good). Yes, PLTR is still a great company, but that doesn’t mean we shouldn’t see pullbacks around, especially with the Nasdaq doing some bearish patterns around. This made PLTR lose the support at 24.68, and this might...