Hi, I'm bearish on AAPL in the short term based on the following: Testing weekly resistance at $157 Bearish Divergence on 1hr, 2hr, 4hr, and daily chart Wave Trend in overbought territory Ascending wedge pattern (bearish) Happy Trading!
Hi, I’m bearish on ES, based on the following: strong triple rejection on Weekly resistance zone Alternatively , the ES could recover from the current neutral pattern (symmetrical triangle) and retest Weekly Resistance at the 4200 level Weekly/ Monthly support is ~3600 Happy Trading!
Hi Traders, Nasdaq is extremely bullish based on: Bullish Flag pattern (green channel) Short-term falling wedge pattern (inner blue channel) Bullish Divergence on Stoch, VWMACD, and RSI Strong support at 12230 RSI in demand (BUY) zone Possible completion of Wave 4, before Wave 5 to upside First target is 13200, followed by an extension to the...
Hi Traders, TSLA is showing multiple bearish divergences on the 4HR chart. TSLA has rejected $200 area 5 times. Wave 3 of 5 extended to the 3.61 area; I expect a healthy bullish pullback to the $150 area, but TSLA has strong support at the $170-$175 area. TSLA could extend to the 4.61 area ($213), ignoring the bearish divergence Happy Trading! ...
Hi Investors/Traders, Targeting $145 gap-close, which is a healthy bullish 61% retracement from $180 high (base of trend measured from the ascending triangle breakout). First target is $160. Happy Trading
Greetings All, Bullish RSI divergence on the 2hr $200, $220 targets
Greetings, I remain bullish on TSLA towards the $860 target. This analysis focuses on the 2hr chart. My bull thesis for TSLA: Cup & Handle pattern formed on the 2h chart. I anticipated a retracement to the $700 area, forming the handle of the cup pattern last week (see idea link below). Inverted H&S pattern formed on the 2h chart. Price is at 50%...
Greetings All, I'm bullish on TSLA based on weekly, daily, and hourly charts. This analysis focuses on the 2hr chart. My bull thesis for TSLA: Rising price and rising volume indicate bullish price action. Cup pattern forming on the 2h chart. A retracement to the $700 area (forming the handle of the cup pattern) is likely, based on bearish divergence and...
Greetings All, Small inverse H&S formed on the 60min. AAPL broke the neckline (bullish). $150 is the minimum target, based on formation of the HEAD. AAPL must first break resistance of 9EMA ($142), and 20EMA ($148), which are based on daily candles. Happy Trading!
Greetings All, I'm bullish on the NVDA. I focus this analysis on the 2h chart. Bull Thesis: NVDA is currently in the C wave (last wave) of Elliot's ABC corrective zigzag pattern. NVDA has formed a larger falling wedge pattern (bullish) within the ABC corrective pattern. NVDA broke to the upside of this pattern last week. NVDA closed above the 9EMA and...
Greetings All, My bearish thesis for NQ futures this summer: Bearish H&S pattern, with a neckline break (bearish). The market is has retraced to this neckline, which is a classic pullback test. Multiple (7) bearish divergences on the daily bar. Price is well below 200MA. 20MA is resistance for now. Price is rising, volume is falling, indicating...
Greetings, My bearish thesis is depicted within the chart imagery. Target area of support is $200. Happy Trading!
Greetings Investors, I'm BULLISH on NVDA to $200 based on the following: Bullish Factors: 1. Bullish divergences on the weekly, daily, and 4h charts. 2. Bullish sentiment and volume is growing on the 4h chart. 3. $155 area is key area of support, with (4) previous rejections below that price. If NVDA bounces today, it will make the fifth rejection. Target:...
Greetings All, Multiple negative divergences (5) on AAPL 4H chart indicate today's v-shaped recovery may be short-lived. If AAPL does manage to push through $143.64 resistance, target the 38.2%, 50%, and 61.8% levels shown. However, I anticipate a retest of the $132 price area. Volume analysis, script courtesy of @RedKTrader, indicates bearish control of AAPL. ...
Greetings Investors, AAPL is bullish to $200. In the interim, AAPL looks prime to retest support around $170 based on multiple bearish divergences on the 60, 120, 180, and 240 charts. AAPL may even close the $160-165 gap before climbing to $200. I've got my alert set to $165 for entry. Happy Trading!
Greetings Traders and Investors, TSLA looks primed to test $1K again, based on the recent gap fill....key level of support, multiple divergences, and descending wedge pattern (bullish). Happy Trading!
Greetings All, Looking at FB on the weekly charts, I see bullish action. Targets in blue Happy Trading!
Greetings, I anticipate a bullish run to $275 for SQ based on the inverse H&S pattern shown on the daily chart. Happy Trading!