pardis

pardis

The chart has reached a major support area, despite the presence of large emotional bearish candles. While taking a position at the V-shaped pivot point carries some risk, the market may react emotionally given its previous decline like the 2020 correction. This support area is comprised of: - A significant pivot point from January 2022 - A PRZ (Potential...

pardis

Uptrend Based on my strategy, the corrective wave appears to have terminated with today's daily candle. Notably, a descending trend line and a major level have been broken. If today's daily candle had no upper shadow, I would consider taking buying positions.

pardis

Uptrend As seen in the chart, the S&P 500 has been in a prolonged uptrend. By focusing on key highs and lows, my prediction is that the index will break out of its current level this week. The next target level is 6270, after which I anticipate a pullback to the newly broken level. Overall, I remain optimistic about the market and recommend identifying stocks...

pardis

The Uptrend Breakout strategy has proven effective for entering new positions. As you can see, two consecutive bullish candles are forming, indicating a potential breakout. Notably, the second candle lacks an upper shadow, which could be a bullish sign. A mid-term target for this breakout could be around 73. Remember to set a stop-loss (SL) for your trade,...

pardis

The S&P 500 index is approaching a critical level, and if it successfully stabilizes above this threshold, we can anticipate further market growth. Meanwhile, the following stocks are experiencing pullbacks to previously broken levels. If these pullbacks are completed and accompanied by a bullish trigger, they may present attractive buying...

pardis

As seen in the chart, Apple has been in a corrective wave. In my perspective, the correction should be completed within the green zone. For now, following the break of the descending trend line and surpassing the $247 level, it could present a good buying opportunity. If this occurs, below the green area could be a suitable place to set up a stop loss. Potential...

pardis

As evident on the chart, the correction has concluded at the 50-61.8 Fibonacci retracement level. Additionally, the price is breaking out above a descending trend line and a minor resistance level. In my opinion, once we receive confirmation of a breakout above this level, it may present a compelling buying opportunity. Potential upside targets are approximately...

pardis

One of the best strategies is to identify areas where corrections have been completed. On the chart, a correction appears to have reached a key support/resistance area or multiple support zones. With a high probability of the corrective wave ending in this area, I'm waiting for a bullish trigger, such as a trend line or moving average breakout, to enter a...

pardis

As you can see, the chart has been in an uptrend for about 14 months. In my opinion, the market needs a break and a deeper correction. The rise may continue, but we must consider the high risk of long positions in our trades. Personally, I prefer to enter long trades with great caution. If a correction occurs, between 10 and 15 percent can be expected. Some...

pardis

As you know, most of the recent market growth has been due to the excessive growth of a limited number of companies, and this will certainly pose a risk to the entire market. Personally, I study market sentiment and the S&P 500 index before buying stocks. On the S&P 500 chart, after the 6030 level was broken and the pullback to it and having a trigger to enter, I...

pardis

After passing out of a price level, it’s retesting it, and the chart has reacted to that as a S/R level. I'm going to get my decision to buy new stocks if only formed a good bullish candle here above the support line. The time will be about15 min before the bell. If the chart loses this support, the next support will be the green zone.

pardis

Correction is the nature of the market. After above 3 weeks rising, now I suppose market needs a small correction wave. Although my positions are perfect but based on my strategy, I had to close them but please obey your method, and it is just by strategy. You can hold your positions, keep half or temporarily close them. After pullback I will get new positions....

pardis

Uptrend As is mentioned several times, working on pullbacks is one of the best strategies. Firstly. they are usually in a good trend. secondly after getting position, you will have a good and small spot for setting up the SL. As you see in the chart, there is a breakout and followed by a pullback, there is an engulf bull candle as a trigger to enter a buying position.

pardis

Uptrend Apple has received to a s/r level price and passing out of this level could make a good buying position. Confirming above the trend line with a good bullish candle will be a good trigger for to get a buying position by setting AL below the trend line and mid term target at about 300-310. Low risk traders can wait to a retest the get it but I will enter...

pardis

Uptrend It's been a small correction in this great uptrend, and I am waiting for a good bullish candle in this S/R level to get a new position on it. As you see in the chart, there are two Doji candles (neutral) on the line that means the power of Bulls and Bears are equal. Buy recommended after forming a good bullish candle.

pardis

Uptrend In my view, one of the best strategies is finding Pullbacks and getting position after a good trigger. As you see, there is a breakout from ATH and then a good pullback to broken level. There is a good candlestick trigger for entry by setting SL at about 25.4 or below the trend line. Next target can be about 35$.

pardis

Uptrend In my view the market is still inside an uptrend and this correction could be a small one and probably a pullback to a broken level. Although I engaged about 25 percent of my asset but I'm waiting for a good sign above the last top or on the green area to buy more.

pardis

Uptrend It seems, it is rising powerfully after a breakout and small pullback to broken level. High risk traders can get it regardless of the correction on indices. I suppose 58 can be a sure spot for setting up a SL and the next target has been shown on the chart.