Greetings everyone! The Tesla company sank significantly when Chinese automakers joined the race for electric cars. Prices for used Tesla vehicles also continue to decline. This is logical because the consumer has a wide choice, which was not particularly noticeable in 2021. But the presence of competition forces good companies to change for the better, reduce...
The black curved line on the chart is called a "parabola," as in "parabolic rise." A parabolic rise tends to lead to a very strong correction. The only way to sustained a parabolic rise is... Well, it is impossible, the Gold market fluctuates between up and down. The peak, ATH, happened on the 8-April weekly session. This session ended with a long upper shadow...
Investors are considering the direction of Google's stock. What do the charts indicate about its direction, and what are the signs for profit-taking? How would you make your decision?
MSFT has been so predictable and pleasant to trade recently. Stay Tuned! Happy Trading :) - TradereDaddyOG
Buy Starbucks ladies and Gentleman. I have a couple good reasons to invest in Starbucks as I will be myself. 1. Starbucks Weekly and Monthly Bullish Triangle Formation, and Bullish Harmonic Bat Pattern We can see an (ABCDE) correction, and Starbucks has already popped 7 percent from this universal trendline. The Bat pattern on the weekly chart inside of this...
The last bullish move was quite strong, with the price moving above a large consolidation zone from March to April. Now, we have something that looks like a bull flag—the price is crawling slowly down, finding some support near the consolidation POC. This is a very tempting opportunity to enter a LONG position with a potential upside of 15% or more. However, it is...
Shopify stock has now dipped into our magenta Target Zone (coordinates: $62.74 - $52.88). Here we expect the low of the magenta wave (b) and a reversal. The price should now rise again well above the resistance at $67.60.
Looks like the early beginnings of an inverse H&S on the MSTR chart. Neckline around $1340. Will be watching for the breakout to confirm this pattern. Early targets: - $1480 - $1670 RSI trending up. Looks even better on the daily chart. With BTC prices gaining strength and excitement building from Roaring Kitty's return on X, I'm hopeful for this to play out.
Depois da subida estratosférica desde o anúncio dos resultados há cerca de um ano, os títulos da Nvidia têm estado a consolidar num canal lateral, contudo na próxima semana haverá mais um capitulo importante com os resultados do último trimestre. Caso surpreendam pela positiva, o preço deverá subir bem acima dos $1.000, mas se não cumprir com as expectativas...
Faraday Future Intelligent Electric ( NASDAQ:FFIE ) has experienced a significant increase in its stock price, jumping 67% in premarket trading on Friday, following a 479% surge on Thursday. The EV stock is now trading at $1.70, the highest return for any stock listed on the New York Stock Exchange or Nasdaq. The market cap on NASDAQ:FFIE is now up to $70M,...
on the daily chart, HOOD witnessed a strong rebound after forming a new higher low at 16.22$, to violate the resistance level at 19.44$, after BofA double upgraded Robinhood (HOOD) to Buy from Underperform. then remaining above 19.44$, will push the stock to test the last major peak at 20.55$, which is the level that needs to be violated, to confirm the major...
Pair : AMAZON Description : Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Double Top in Short Time Frame Fibonacci Level - 261.8%
My play on words... lol. I'm thinking with NVDA earnings next week we could go even higher. The last time SPY flew extra high was on NVDA earnings last quarter. Back to the chart, staying above the mid point of the channel is key. This weekly parallel channel provides the levels for the daily too.
#Silver getting another shot at glory! All it has to do is end the month close to 30$ and the flood gates open... Sounds easy right?
LCID is making its move while Fisker got halted and will be delisted. LCID has a rich uncle, a Saudi billionaire running the national wealth fund there. Fisker lost its suitor in Nissan and tried to raise cash by selling cars under cost. I would be afraid to buy a car from a company about to head into bankruptcy. Anyway, time to buy LCID for now, it has a...
Natural gas is at the lowest price and the reason is the unprecedented heat in winter. Currently, natural gas is one of the suitable options for annual investment and the expected profit for it is +200%
Peek at Workhorse Group Inc. (WKHS) like you're checking out a potential date. Identify Trend: Figure out if this stock is going up or down like a rollercoaster—without the screaming. Draw Fibonacci Retracement: Find the recent high and low like you're searching for your lost keys. Plot Fibonacci Extension: Draw lines at 23.6%, 38.2%, 50%, 61.8%, and 100% like...
OXY is very extended relative to its moving average ribbon. But the breakout looks promising for a long. Look for consolidation for a few days or a pull back to its 13 EMA to enter long on the the multi year breakout. I traded the fake breakdown on a recession signal a few months ago and now its time to trade the possible breakout on more inflation! To be clear...