Good evening traders, After NIO's rapid growth Pre-Covid, the company has failed to make a comeback. In my opinion this was due to its rapid growth and impulse move back in 2020. My rule with impulse moves is the market will tend to retrace 100% of its initial move. Following the fall of NIO for the past several years, it has clearly been bouncing from a...
Good morning traders, If you have been following my predictions on DAL and UAL, well... WE HAVE TAKE OFF! OB has been tested, we could see a pullback testing the previous red candle but should be a decent flight from there on out. Some turbulence along the way, but shouldn't be big enough to knock this plane down. All previous areas have been tested and...
Good morning traders, La Rosa company since it's entry into the market has dropped significantly. Seems after several months it will spike and pump for a day followed by another significant drop. It's had several pumps some more significant than the other, but right now it seems its seeking support at .82 & .62. I call this the loading zone (S2). Once this range...
Delta Airlines has just broken out. Seems to have ended its complex pullback and shooting for higher prices. Structure had not been broken so very confident it will continue to rally up. My target price is $57.00. I am sure it will go higher, but I as I always tell my students, NEVER BE GREEDY. Expect some turbulence along the way, other than that, Happy Trading !
Good morning everyone, Looking at SKYT earnings report, results look worse than what they actually are. If you have not listened to their conference call I highly suggest you do so and educate yourself. Overall, I think this is a company that will do very well in the near future especially when you see a company like them being backed by the Department of...
Good day traders, I am seeking a short term reversal to close the gap. Once the new low is set, will be looking into loading around the $4.62 area. Remember, entry is everything. Once new low is set, target is set to $13.36. Hope you enjoy this setup, Happy Trading & BE BLESSED!
Good morning investors, will be on TSLA (long position) since we have a counter-trend line break and last week we just retested that TL. Expecting a rebound from the neutral zone, and possibly start making new highs in the near future or at least to the start of the TL. For those who like to use the Fib retracement, we have a pullback to the 61.8 and at least a...
The bears seem they have taken over, but lets not forget, SPX is still in an uptrend & we could be testing previous highs soon. I will specifically be looking at it coming down to my loading zone and scaling in once it reaches. Hope this helps everyone, hang in there, still got a bit more drop IMO. Happy Trading!!!
Keep in mind this is the monthly time frame, I am waiting for a pull to the 135.000 area and wait for a buy signal and BUY BUY BUY. This is a LONG TERM Trade, however with proper risk management, and proper lot size, you are looking at a potential 5K pip gain with the potential of it going even higher. Happy Trading !!!!
Good morning investors. I am personally waiting for CCL to reach the LZ 1 or 2 to enter. Will be happy with an in between entry around $10.50. After predicting a comeback of the Airline Industry now expecting a shift to the upside very soon on the Cruise Lines. Norwegian another cruise line to watch out for. Both companies with major upside potential. This is...
Good morning investors, hope you enjoy this short video on AUDNZD. Really goof risk / reward ratio here if the trade end up going in my favor. Technical analysis here, no fundamentals. Gap has not been filled since market open, but does not mean market will close that GAP right away. I know some of you may not see a GAP depending on your broker, that's just how...
Good morning everyone, its been a while since my last published idea, nonetheless, here we have NZDUSD on the weekly timeframe giving us a breakout and then a retracement back the RZ 1. Typically in these cases you may get a pullback to RZ 2 but, overall I think this will drop in the next upcoming weeks. You can also some liquidity which form on the RZ 1...
Good morning, Traders. Right now, weekly timeframe looking like some minor up movement is still possible, but don't let that move fool you. Monthly timeframe printed a HUGE bullish engulfing candle, if that level is broken, I am expecting DJI to drop down to the 28k level. Projecting the first half of the 2023 will not be great for the stock market maybe the...
Good afternoon Investors, HIMS is extremely strong today. This comes after retesting reactionary zone 1 (previous high) of $7.16, and for 2 weeks now it has been climbing. I still think we have more upside movement left before another move down but only time will tell. Right now, I am projecting hitting $9.00 if not pretty darn close to it at least. I...
Good evening traders. Waiting on 1st reactionary zone to be tested at the $5.55'ish area based off the weekly chart. After a long bullish move up for several weeks, this is considerably a healthy pullback. On the monthly time frame, however, there is an OB VOID taking HIMS all the way back down to the mid $4's. Considering DJI and SPX have now turned into huge...
Relax, let the market do its thing. We will fill up that gap on the $45'ish and rebalance from previous COVID levels. The entire market is at a discounted rate. Look at previous predictions on my portfolio. This is a matter of time. HAPPY TRADING !!!
Video says it all... Overall, as expected for HIMS & HERS this week. VERY important week for HIMS next week since it will be the close of the monthly candle. Everything is going as expected. DO NOT get intimidated by what's happening with DJI & S&P. That is, it's on separate thing and HIMS has done very well in the past regardless of how other companies are...
Good afternoon traders, DJI not looking good for those who are bullish. Looking at retesting previous support; however, based off monthly timeframe, their is nothing stopping this from dropping. Weekly timeframe has several areas acting as speed bumps but it seems we may be bearish for several months to come. This is just straight up technical analysis, those...