Williams Companies ,,, Pullback Uptrend As you see, the pullback has been completed. There is a good pullback to a broken price level and a good bullish candle, as a trigger, after that. I suppose setting a SL of about 39.5 can be sure and next target about $46. Longby pardis2
$PLTR heading to sub $5With the rejection of $21, NYSE:PLTR looks set to fall to new lows. I think it's likely that we're going to sweep the lows at $8 and keep falling from there to a final target of $1-2. This will likely take place at some point in the back half of 2024 and should present a great buying opportunity once it gets down to those levels. Let's see what happens over the coming months.Shortby benjihyamUpdated 787821
Why bullish on GME?NYSE:GME 1.Fibannacci Retracement give us a price of 510$ per share in the all monthly chart. 2.Even with this move at 80$ the EMA CROSS SLOPE did not show us the long+2 signal. 3.MACD has crossed with a green buying singal and an uptrend verifacation 4.RSI at the lows with a revelsal forward to potential buying pressure 5. 2BILLION in the bank 6.25% locked and DRSED 7.Insiders buying and not selling 8. DFV THESIS 9.potential digital transformation of the company 10. PROVED WRONG SHORT THESIS. These ten reasons are enough to just be BULLIsh on GME Thats my hummble opinion and of cource its not any financial advise. ANYWAY MARKET SEEMS TO BE BULLISH....CRAZY BUT IT IS INSTEAD! NYSE:GME Longby jumpall44Updated 8829
3M Pulls Back3M is emerging as a potential turnaround story following years of downside. Now trend followers may take interest in its latest pullback. The first pattern on today’s chart is the trio of high-volume bullish candles since early March. MMM raised guidance, spun off its Solventum NYSE:SOLV health-care division and then ended with a consensus-beating quarterly report. The result has been a succession of higher lows and higher highs. Is a new uptrend emerging? Next is the July 2023 high of $94.59. Prices stalled at this level in early April and bounced above it on May 8. The 50-day simple moving average is in roughly the same place. If prices remain above those spots, it may suggest a more significant turn has occurred. Finally, stochastics have dipped toward oversold territory. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means. by TradeStation5
TESLA : Bullish - Butterfly-Wolfe Wave-Head Shoulders inverseTESLA : Bullish - Butterfly-Wolfe Wave-Head Shoulders inverse A butterly was detected since several weeks We have also a Head shoulders inverse and a Wolf Wave Bullish then the market can reach 207 and the 233 $ To monitor the EMA.50 and EMA.200 and ICHIMOKU "kijun" NB : Divergences ROC and RSI , bullishLongby Le-Loup-de-Zurich10
$MSTR tricky path to $3000+?This looks like the most interesting long setup in crypto mining should the opportunity present itself. In the short term, I think price will likely continue up into the $1400-1500 range. If price can't break through that level, I think it'll be a great short. If you look at the correction so far, we've only had 2 legs down, I think the 3rd is yet to come which will bring us into the sub $1000 support zone. If we get down there, I think that'll create a great buying opportunity and price should surge higher into the $3000+ resistance level. So if you buy the bottom and sell towards the top, there's 3x gains to be had. I'll likely play this in both spot and options as there will be great money to be made if you can time this well. Good luck.Longby benjihyamUpdated 7721
bottom-fishing $INTCIntel, under CEO Pat Gelsinger, has actively competed with AMD, releasing more advanced chips and repositioning itself as a manufacturer. it still produces most of the chips it designs and has repurposed its production capabilities to serve as a manufacturer. Artificial intelligence (AI) is expected to exponentially increase chip demand, also benefiting INTC. Longby KhanhC.Hoang1
The Epic GameStop Saga: How Retail Traders Toppled Hedge FundsThe story of GameStop (GME) and Wall Street Bets is one for the history books. 🏆 This tale of David vs. Goliath saw everyday retail traders take on some of the most powerful hedge funds on Wall Street, and win—at least for a while. Let's dive into this rollercoaster of financial drama, where memes, emojis, and Reddit posts became weapons of choice. The Rise of the Retail Trader 💪 It all started on a subreddit called Wall Street Bets (WSB), where a group of retail traders noticed something peculiar about GameStop. Hedge funds like Melvin Capital were heavily shorting the stock, betting that its price would fall. But the WSB community saw an opportunity. By banding together, they could drive up the stock price, forcing the hedge funds to buy back shares at higher prices to cover their shorts—a process known as short covering. Short Covering Explained 🧠 For the uninitiated, short covering happens when traders who have shorted a stock (sold it hoping to buy it back at a lower price) must buy back shares as the price rises, to limit their losses. This buying pressure can further drive up the stock price, creating a feedback loop of rising prices and more buying. The Showdown 🥊 In January 2021, the WSB crowd launched their coordinated buying spree, and GameStop's stock price skyrocketed from around $20 to a peak of $483. Hedge funds were caught off guard. Melvin Capital, one of the primary short-sellers, faced massive losses. Enter Citadel, a large hedge fund, which stepped in to bail out Melvin Capital with a hefty cash infusion. But the damage was done. Retail traders had won a significant battle, showcasing their power to move markets. Fast Forward to Today ⏩ Fast forward to today, and the GameStop frenzy has simmered down, but the stock's legacy remains. Currently, the sentiment around GameStop is neutral. The put/call ratio, a measure of market sentiment, indicates that traders are neither overwhelmingly bullish nor bearish. They're getting out of the stock, which reflects a stabilizing interest. GameStop's price has recently dipped below a monthly supply zone of $40 per share, signaling a critical point in its trading activity. However, there's significant buying interest at around $10 per share. This suggests that if the stock drops to this level, we might see renewed buying activity. What’s Next? 📅 Looking ahead, GameStop's earnings report on June 11th will be crucial. Investors and traders alike will be watching closely to see how the company is performing financially. This report could either stabilize the stock or create new waves of volatility. The Legacy 🌟 The GameStop saga is more than just a story about stock prices. It's about the power of the collective, the impact of social media on financial markets, and the democratization of trading. Retail traders showed that they could band together and challenge the titans of Wall Street. And they did it with a sense of humor, using memes and emojis to rally the troops. So, what's the takeaway? Whether you're a retail trader or a hedge fund manager, the GameStop episode is a reminder that in the stock market, anything can happen. And sometimes, the little guys can win big. 🚀💥by Michielfourie89111
RDFN fintech small cap reverses higher LONGRDFN on the 15 minute chart has move up from a low pivot which included a mass index indicator triggering. ATH was $85 so current price is 7-8% of that ATH. I will take a long trade here. My targets are the May high pivot at $8 and the January high pivot at $10 with a stop loss at $6 to be managed as the price moves toward 8. RDFN to a certain degree is subject to rates and federal actions. I am convinced that when the time is ripe the Biden administration will pressure the " independent" fed into a rate cut which should give RDFN the momentum it needs to push toward those targets or even higher.Longby AwesomeAvani2
bottom-fish SGMOAs of May 22, 2024, Sangamo Therapeutics has 405 employees. The company focuses on research and development of genomic therapies and develops medicines for patients with genetic diseases.Longby KhanhC.Hoang1
$TSLA 2025-2031 cycleA repetition of the last 2013-2019 NASDAQ:TSLA stock cycle. Taken from the end of 2019. In concordance with Bitcoin cycle. Longby Onceuponad1m32
Amazon JungleWas waiting to see if the blue curve holds in this project in order to decide to post these simulated projections that take into account potential pivot points, reversals, or zones for support/resistance and BREAKOUTS... in either direction, even though I am slightly bullish biased on this one. I have this scenario in mind where this could find support somewhere at the white or continuing on the blue or towards the red for a more decisive push in case the Earnings don't upset the whole harmony in this picture. If everything goes to pieces will be having an eye for the possibility of the blue curve becoming resistance with a retest. Other lower probability scenarios are some impact zones around the green and purple rectangles. If the prices reaches the top curves it would be only as a reference to see the price action around them for potential validation of the simulation. by nenUpdated 6
Gap Stock Surges 26.87% After Revenue BeatGap shares ( NYSE:GPS ) surged more than 27% in Friday's trading session after the clothing and accessories retailer posted a better-than-expected quarterly earnings report and raised its full-year guidance. Comparable store sales in the quarter rose 3% from a year earlier, driven by each of Gap's four brands posting positive same store sales in the period. New CEO Richard Dickson has led an ambitious turnaround plan that has seen the retailer work on improving its operational efficiency and repositioning the company’s brands. Gap's ( NYSE:GPS ) comparable store sales increased 3% from the year-ago period, showing a significant improvement from a 4% decline in last year’s corresponding quarter. The turnaround was driven by positive same store sales growth in each of the retailer's four brands, which include Old Navy, Gap, Banana Republic, and Athleta. Looking ahead, the company raised its full-year guidance, saying it now expects net sales to be up slightly, an improvement on its prior forecast where it projected flat annual sales. It also lifted its full-year operating income outlook to the mid-40% growth range, significantly higher than its earlier forecast of growth in the low-to-mid teens. Gap ( NYSE:GPS ) CEO Richard Dickson told CNBC in an interview following the quarterly results that the plan is working and resonating with investors. Since finding a bottom in May last year, Gap shares have trended higher, with gains accelerating after the 50-day moving average (MA) crossed above the 200-day MA in early October to form a golden cross pattern. Leading into the retailer’s quarterly results, the stock has rallied towards the 50-day MA after a period of recent consolidation, indicating bullish expectations by market participants. Amid the stock’s projected earnings-driven surge on Friday, investors should closely monitor the $28.50 level, an area where the price would likely run into overhead resistance from its March 2024 high. Gap's ( NYSE:GPS ) upgraded outlook gives Wall Street fresh proof that CEO Richard Dickson's turnaround strategy - to introduce trendier styles across its brands and ramp up marketing efforts to attract picky shoppers - is paying off less than a year after he joined the struggling mall retailer from Mattel. The stock experience massive surged in price after a "Golden Cross" pattern exhibited since the last week of September, 2023 surging through to New HighsLongby DEXWireNews3
TILRAY DUE FOR A BOUNCE???As you can see on the chart NASDAQ:TLRY has been bouncing off of the purple trend line since 2023. I think it is due for a pump. Longby Coin_Blast5
PANW IdeaThere was some hype about this stock after the news of Nancy Pelosi getting in on the action in the options market after the infamous slam dunk on the NVDIA stock, so I decided to russell up a little exotic background for the future that might come. As you can see I don't envision a highly bullish path for this one on the longer run, it could get bumpy, but this is good news, as swings can be traded with the right pivots. Considering the background and the hype, it is possible that after any drop, the herd will dive in hoping to buy the dip. Hence, swings and bounces, even though I have a high rectangle lurking above signifying resistance. All elements in the snapshot are potential support and resistance while the curves might highlight bigger forces at play that can influence the price. If these elements are broken, the picture changes. I decided to post now because I like the setup at the green rectangle I developed right after the news of the Pelosi bet (several days ago). Since then I have been watching this stock and was wondering what will actually happen in this murky water of cybersecurity, which is a sector I am highly bullish biased on for several reasons. Happy hunting. Hope it will be as successful as the Pin Ball on Apple. That one has already 4 or 5 bounces from shapes. by nenUpdated 776
Mara cup and handleThis long-term Mara cup and handle is looking ready to explode, the consolidation and downward movement has expressed itself fully at this point. The reversing stochastic RSI is hopeful and BTC is in a heavy contraction as well. This cup projection extends to about a 55$ share price but does not take into account any share dilution.Longby Apollo_CB4
GWAV shorts about to start covering!! PUMP IT!!100 million shorts to cover. We could see this pump beyond $0.20 4 Hour MACD about to flip bullish! Not financial advice!!!by Polarbearman772
Falling HighsThe trend is up and seems unbroken strong. But I notice the falling highs since the top in December. The December high could not be reached again and a another downward correction is likely even if the correction will result in a sideward range for a longer time.Shortby motleifaulUpdated 4
DJT to 2x-5x in 2024Following this INJ/USD fractal very nicely. Nice corrective structure on the 4H looks complete and ready to resume upside. recent Trump conviction likely to drive price higher too as more money jumps in to support him leading up to the election. Longby rcpberridge884
Is FFIE running to earnings early ? Maybe yes. LONGFFIE is a penny stock of interest as it is also in the EV sector. Earnings are coming. In the past two days it jumped 82%. The stock is trading 99.9% ( no exaggeration ) down from its all-time high. On the 15-minute chart, price has jumped above its EMA cloud which inflected upward. A massive volume inflow peaked the price action in keeping with Wychoff's theory. 42 million shares traded yesterday morning. The EMA cloud settings are periods are 14/56/140 ( long story multiples of 7). The slow and fast RSI lines had a golden cross of fast over slow and both over the 50 are quite demonstrative of bullish momentum. ( settings 3 hrs and 1 week). I will play this long until earnings- adding 100 to 1000 shares per day at the low of the day on a 5-15 minute chart. I will also look at the options chain for March 15th. Given that WKHS did the same thing and reports the same time, something behind the stage curtains is underway. Penny stocks are always risky. My analysis has the risk diminished here.Longby AwesomeAvaniUpdated 11
On AMC: 4-hour Chart AnalysisAfter observing the bear channel, a measured move of 4.03 has been identified. Key observations: Support coincides with EMA 50 at 4.03. Fibonacci retracement indicates support at 0.786 (4.03), a FIB historically favored by AMC. A notable bounce occurred at 4.00 during after-hours trading. Bullish: Holding at 4.03: If AMC maintains above 4.03 and subsequently breaks and confirms the 20 EMA at 4.35, a bounce towards the Golden Pocket zone (4.63 to 4.80) is likely from the recent downtrend. Retracing to the 0.786 level at 5.04 and reclaiming the channel could establish a more favorable outlook. Potential Downside: Failure to close above 4.86 could signal rejection from the bottom of the bear channel, potentially leading to further downside. In the event of failure to hold around current levels, a rapid decline to 3.75 to 3.50 is conceivable. Other Considerations on the 1 hour Chart: Oversold RSI suggests a possible reversal. MACD showing early signs of upward movement. Bullish divergence noted in MFI If we do get some type of Squeeze scenario, my target is around that $18 dollar level to exit my calls. Longby Sherlock_19871110
Elliott Wave Analysis on AMD Suggest a Double CorrectionShort Term Elliott Wave in AMD suggests the rally from 5.01.2024 low is in progress as an impulse. Up from 5.01.2024 low, wave (1) ended at 174.56 as the 30 minutes chart below showing. Wave (2) pullback is currently in progress. The internal subdivision of wave (2) takes the form of a double three Elliott Wave structure. Down from wave (2), wave ((a)) ended at 168.75 low and wave ((b)) bounce ended at 171.51. The stock extended lower in wave ((c)) towards 162.91 which completed wave W. The market rallied starting wave X also taking the form of a double three Elliott Wave structure. Up from wave W, wave ((w)) ended at 168.75 and pullback in wave ((x)) ended at 164.00. Wave ((y)) higher is in progress. We are looking a bounce in 3 swings to 169.88 – 173.51 area to end wave ((y)) and also wave X connector. Near term, as far as pivot at 174.56 high stays intact, expect the stock to extend lower. by Elliottwave-Forecast2
AMC pumps price and volume into fair value zone LONGAMC is on a 4H chart with a set of VWAP bands overlaid In the past two trading sessions price and volume have pumps and so also the PV Trend indicator. There is no fundamental footprint on this move. it is a pure meme much like a similar move of GME. I will go long here hoping to ride the momentum and capture profit. I will set a stop loss fo 10% n recognition of the volatilit The final target is the $ 120 range pivots of April and August 202. The initial target is the $35 range of the ranging zone of August 2023. Upon reaching the first target I will cut the position to 50% for the leg higher. I will cut the position if momentum fades especially if the volume fades with it. This will be interesting at the least and highly profitable at the very most. Longby AwesomeAvaniUpdated 3314