tradinghill_1

tradinghill_1

4hrs bounced from $7336 level and created double bottom and RSI bullish divergence.

tradinghill_1

Buy Alphabet only if price breaks above $100 resistance zone. Price also resting at broken trendline

tradinghill_1

Apple rejected at key Trendline around $155-$160 and also a 0.61 Fib. Possible price rejection and should move down at $144 support zone.

tradinghill_1

Amazon rejected Key trendline multiple times. For price to move upside and break key trendline price should retest at $90-82 zone to make double bottom with Bullish divergence (RSI forming HL).

tradinghill_1

Weekly price rejecting at strong resistance zone $225-$230 which is also a 0.61 Fib level. Possible price may move down at $175 Support zone.

tradinghill_1

Weekly trendline is quite strong where price were rejected multiple times. 2 Scenarios: 1) Price might retest at 12000 zone and then move upside and break key trendline. As weekly RSI is above 50, so highly possible change of price moving upward. 2) If price break below 12000 zone we might see downside 10600 support zone.

tradinghill_1

There are 3- scenarios here. 1) Tesla is re-testing 4 hrs broken trendline . Short position only once it breaks the support zone of $192-194. 2) Tesla may form previous high by forming double top with Lower high RSI . Short position only once it breaks the support of $192-194. 3) Tesla 4 hours also forming Head and Shoulder. Head at around $218 price zone and...

tradinghill_1

Nasdaq broke 1 hr trendline and bounced back from support at 12260-12240 area. Next possible short term resistance area is 12474.

tradinghill_1

CPI data will play a key role in pushing Nasdaq up or down. Currently RSI is showing bearish divergence (Lower High). 2 possible scenarios here: 1) If RSI break above Green and White trendline then we can expect price to move up around 12800 level mark. 2) If RSI breaks below Red trendline then we can expect price to go down and re-test at Daily 200 MA (~ 12000).

tradinghill_1

NASDAQ Forming Hidden Bullish Divergence at 4 hrs chart. Possible it may re-test at 12400 level at broken trendline before moving down and test at 200 MA level..

tradinghill_1

Tesla has formed "Hidden Bearish Divergence" on Daily chart