shantty0926

shantty0926

Currently at fib support, unless this breaks then I'm long. Good entry point as well.

shantty0926

Daily trend is super bullish. I'm expecting a bounce back up around these levels. Disclaimer: This is just for educational purpose only and not a signal to buy or sell

shantty0926

If you look at 4hr and 1hr timeframe, both are showing a bearish triangle. It's just a matter of time before the lower support breaks.

shantty0926 Updated 

This is just my idea but bearish triangle is forming for Nasdaq, if you look at higher timeframes, you can see bulls are exhausted in trying to push it upwards. Also, massive rejection at the top in lower timeframes. My guess is that, if bears are able to break through .38 fib support @ 11094 and .23 fib support 11077, this might be a knife downwards. Especially...

shantty0926

Even with everything going on, I believe AMAZN will skyrocket. It's been respecting the trend for months and have performed greatly. Also, 3000 support is quite strong. If that holds then we might see a bounce back up. This is just my own thoughts own it. Any opinion is welcome.

shantty0926

This is still in the uptrend channel. I reckon this will go up to 10550-10600 levels before going down. A sell order at 106657 would be a good entry. The bottom could be 9650. This is just my opinion. Not a signal to buy or sell.

shantty0926

Just an idea but bearish momentum is stronk. Though it keeps getting rejected in the support line, I believe this will break.

shantty0926 Updated 

The resistance we were having hard time breaking yesterday is now a great support. So if you're trying to get in, that would be a good place to enter the trade (10896). We now have another resistance to break which is 10926, I believe will be broken.

shantty0926

Honestly, the entire day, we've been stuck in 10876 and 10895 levels. It keeps getting rejected BUT never went below 10794, strong support but it can break as its been attacked multiple times today. The same goes for the resistance, so whichever breaks first is the key. I'm hoping that with MSFT + TESLA ER, this should go up by tomorrow.

shantty0926

Quite cranky atm but I still belive this to be a long. Quite a few resistance to break though, 10897 and 10911 which we're struggling atm. Bears vs Bull at its finest...

shantty0926

I believe this will go up to 10900 today. The bullish momentum is currently strong. You might see it go down a bit but that's because its pulling back to 20 EMA then will continue to go up.

shantty0926 Updated 

Bulls managed to defend 10795. I'm expecting it to go up to 10845 as its next target if bulls manage to break through 10823 in 23mins, we should be heading up to 10845. Find a good entry point near the 20 EMA and take profit

shantty0926 Updated 

If in 1 Hr, the 4HR candle closes below 10800 then there's a 50/50 chance that will go down to 10720 as its next support. HOWEVER, if it keeps getting rejected as it is now then it might bounce back up.

shantty0926

Just an idea but Nasdaq might continue to go down till it hits its next supportwhich is at 10805 before bouncing upwards.

shantty0926

Just an opinion but I don't see any support for Nasdaq at this level. My opinion is that, it might continue to fall further before bouncing back up.

shantty0926

This is for educational purpose only. I think that Amazon has hit its bottom because of a strong support in 2950-2953 area. This should take off if the support isn't broken EOD, which is perfect for next week's earning report.

shantty0926

Amazon is currently overbought. It might continue to go up to 3025.96 before it retraces back to 2667.22. The key point is to observe if it breaks its current highs. I'm still learning to chart, any suggestion or criticism is welcome.

shantty0926

The day trend is uptrend but for day traders, this is a bearish momentum. Downtrend might continue down to the support 9894, if bulls doesn't manage to defend that then possibility of it hitting its lows 9805 is high. I'm still learning to chart so please any suggestion or criticism is welcome. This is just my personal take on this today.