TSLA long IdeaTSLA long idea: My Indicator is flashing buy on TSLA. Momentum is building so TSLA should go up for here. Entry, SL and TP Levels are marked on chart.Longby sdevang112
GME CRAZE ! YOU IN OR OUT ???Traders! People! Home Gamers! What ever you want to call yourself, let's have a little excitement with trading and talk a little about YES, GME. You can't be a trader of any kind and ignore this craze. Meaning, you can't help but have some kind of interest in watching all this unfold. Whether you believe any of it or feel it's all a put up hoax in the world of Wall St, let's just enjoy the entertainment for what it is. Let's pull up some charts and look this thing straight in the eye and decide if you are willing to take on a possible money opp or not. We broke out of a resistance area on the 15min chart. There is a big supply area starting from 41.67 to 56.75. With that said, is it not a long trade here? Sure looks like it. Ok, where should a trader get nervous after being long? I would start to really watch my 15min chart for any kind of selling pressure starting around 41.67 area. Big zone stretch up to 56.75. If price were to break out past that then that's a story for another day. Let's first get to these areas and we can have another talk at that point, in the meantime please trade with caution if you choose to venture into this stonk and remember June 24 is earnings report. Best of luck in all your trades and remember to trail a stop with the sar or 10ma or both. Cheers to: "I just like the stock". Meow.Longby Trade-FarmerUpdated 442
Taiwan Semiconductor - Unknown stock with trading potentialNYSE:TSM is one of the rather unknown stocks with an impressive market capitalization of 680 billion dollars. Just a couple of months ago TSM finally broke above a major previous resistance level and confirmed the bullish triangle breakout. Momentum is quite strong so far so maybe we will never see the previous structure again. In this case there is no need to actually chase the all time high. However, a pullback might still be quite likely and this might present an interesting long opportunity in the future. Levels to watch: $130, $100 Keep your long term vision, Philip - BasicTradingLong02:46by basictradingtv112
PDD - When can we re-enter a long position?PDD, similar to REAL in my books, is like the gift that keeps on giving. When you find a company that is undervalued and being held back by geopolitical risks such as this Chinese stock, you play your hand and expect the market to gravitate towards strong earnings VS potential macro risks. That is what I've been doing and will continue to do here on PDD. I will be adding to my long position once we've proven tapering and a sufficient liquidity build - and we are picked up by a buying continuation algorithm - ideally yellow or green. Happy Trading :)Long06:32by TraderDaddyOG113
Palantir is in a massive cup and handle patternSelf explanatory on the chart. Once price breaks the neck line up then we may see an upward long trend.Longby cerveloist227
NVDA short term correction????Be greedy when others are fearful and fearful when others are greedy. NVDA is extremely profitable and AI is the future indeed. However, i do think we are due for a technical correction which would take us below 1k. Thank you & have a nice dayShortby foreignMeerkat66130Updated 116
$BA Megaphone pt.2Part one was an absolute Masterpiece and this reaction so far is proving the wizards thesis of load up right. Boeing took out any major whistle blowers ;p , the rest have nothing serious based off the fact they're still alive (jokes). But the "high" hand has been drawn for any followers of Proffesseas. Technicals showing bounce (mini cup n handle?) I think getting this at 2017 price is quite a bargain LONG TERM. 183.92 now. (Mid point of megaphone might make good strike price for LEAP calls) Longby Prophecies_R_UsUpdated 112
$GME Exsqueeze meDear Mods, I don’t want to write an arbitrary description. Instead of modding this manually, just automatically flag this as a trash idea. I don’t care.Longby elwinjoeri6
DKNG flushed and then went dry LONGDKNG is a solid large cap with great price action. Today it drained 5% and then put on the stopper. Price reversed and stabilized in the afternoon session. The fall was to below the second lower VWAP band in deep undervalued territory. I see this as a chance to pick up DNKG at a 10-15% discount for a long trade. The dual time frame crossover of the faster line over the slower line is reassuring bullish divergence enough for me to look for the best entry on the lower time frame chart.Longby AwesomeAvaniUpdated 557
GME (Gamestop) - The Markets Most Underestimated CompanyGamestop is NOT a brick & mortar store. Gamestop is a Tech company. Throughout history it has always been Gaming & Arts that have driven the adoption of new technologies and inspired new communities by pushing the boundaries of imagination. GameStop has cemented itself as a pioneer by becoming the first household name to embrace blockchain technology and explore the realms of Web3 Gaming, NFT's & Crypto. Web3, NFT's & Crypto empower creators & gamers allowing them to participate in the development of the metaverse where they can share & exchange their in-game assets. NFT's allow for verifiable ownership of in-game assets which opens doors for gamers to monetize the time they put into gaming and create markets for their in-game assets. ---- Lets use Call of Duty as an example. A game filled with all kinds of weapons & different levels of power & accuracy. Imagine if there was a gun that had 100% accuracy & 100% power from any distance. Now imagine if there was only 10 verifiable copies of this gun in the game. How much is this gun worth? Now lets assume a viral streamer like Ninja were to own a copy of this gun. How much is this gun worth now? Answer : A lot. --- GameStop is positioned at the front line of this movement and has sparked a massive wave of innovation encouraging companies & gamers to explore new possibilities that will transform the gaming industry and force other companies to adapt or be left behind. I repeat Gamestop is a Tech Company.Longby xx1337Updated 171766
NVDA - Antitrust Scrutiny and AI Market MilestonesMarket Chatter: Antitrust Scrutiny and Milestones in the AI and Tech Industry Antitrust Scrutiny for AI Dominance Microsoft ( NASDAQ:MSFT ), OpenAI, and Nvidia ( NASDAQ:NVDA ) are facing antitrust investigations over their dominant roles in the artificial intelligence industry, according to The New York Times. The Federal Trade Commission (FTC) and the Justice Department have agreed to proceed with these investigations. The Justice Department will lead the investigation into Nvidia, while the FTC will focus on OpenAI and Microsoft. Nvidia's Market Cap Controversy Nvidia Corp. ( NASDAQ:NVDA ) has achieved a new milestone, surpassing a $3 trillion market capitalization for the first time and briefly overtaking Apple’s valuation. However, this milestone has reignited debates about its true value. Aswath Damodaran, a professor at New York University Stern School of Business and known as Wall Street’s "Dean of Valuation," believes that Nvidia’s intrinsic value does not justify its current price tag. He acknowledges the company's compelling narrative and market momentum but remains cautious about its lofty valuation. Short-Term Bets on Nvidia Ahead of Stock Split As Nvidia's stock split approaches, traders are making short-term bets on the stock's movements. Data from Cboe Global Markets shows that 19 out of the 20 most actively traded options tied to Nvidia are set to expire by the end of this week. This frenzy is reminiscent of the activity seen around Tesla's stock split in 2020. On Tuesday alone, Nvidia options worth around $283 billion were traded, dwarfing the $18.7 billion traded for Apple. Nvidia's Ascent in Market Valuation Nvidia has rapidly climbed the ranks of the world's largest companies. Earlier this year, it surpassed Amazon to become the third-largest US company. Recently, Nvidia overtook Apple, securing the second spot with a market value of $3.01 trillion. Nvidia's shares closed at a record $1,224.40 each. The company now aims to challenge Microsoft for the number one position, needing to gain approximately $150 billion in market value to do so. These developments highlight the dynamic nature of the tech and AI industries, with significant market movements and regulatory scrutiny shaping the landscape.Longby SroshMayi5
NIO (NIO): High Risk, High Reward - do-or-die!NIO, a stock we've previously analyzed and profited from, remains highly volatile and is currently trending downwards. From its all-time high of approximately $67, it has plummeted to $5.21. This drastic decline occurred over just a bit more than three years, which is relatively short in the stock market. Several factors contribute to this volatility. Firstly, the automotive sector is inherently volatile. Additionally, the electric vehicle (EV) segment has faced political challenges over the past few years. NIO, being a Chinese company, has also been affected by EU subsidies for electric vehicles, adding to the stock's difficulties. Despite these challenges, we consider NIO a compelling investment from both a fundamental and technical perspective. Currently, NIO is holding the High-Volume-Node Point-of-Control on the New York Stock Exchange, suggesting that a bottom may be forming. This level is critical to watch as it could indicate potential stabilization and a reversal point for the stock. Short-Term Analysis Examining the 4-hour chart for NIO, we observe a low-volume node between $6.32 and $7. Whenever the price entered this zone, it quickly moved through it, indicating the nearest possible resistance levels. Thus, the levels of $6.32 and $7.04 are particularly interesting. Around $4.12, the Point-of-Control on the 3-day chart holds, but we could see a further decline towards the $3 mark. We are considering multiple entry points, employing a dollar-cost averaging strategy down towards the all-time low of $1.19. Strategy For NIO, this seems like a do-or-die situation. The potential upside is significant, with gains of nearly 400% if the price moves from $3 to Wave 4. We plan to place multiple entries and dollar-cost average downwards. However, if the price falls below $1.20, it would become unsustainable for NIO. While the potential upside is vast, it's important to recognize the risk of the stock continuing to decline towards zero. Given the current volatility, we find an entry before $3 too risky and volatile, so we are holding off on investment until the price stabilizes at more attractive levels. Longby freeguy_by_wmc5
It's Time, GME Shorts Will Be Turned to Glass GME has been basing and building a strong momentum slowly over the past couple of weeks after the share offering was completed. I do believe the squeeze has begun and it may have quite a ways to go. Here are some potential paths, I like that trendline for a target, that previous high will be important as well. Total annihilation and destruction for GME short sellers ahead 🚀Longby AdvancedPlays5
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 6619
AMZN BreakoutAMZN had been forming a descending channel/bull flag and had a fakeout below, but quickly recovered and has now closed above. Looking like a great pick if tech stocks continue the bull run this week. My longer term target would be ATH, for shorter term, it may struggle at some of these previous highs.Longby AdvancedPlays113
Riot Platforms, Inc. to $1000 / 100xOn the above 8-day chart price action has corrected 95% from $80 in early 2021. A number of reasons now exist to be consider a long position. They include: 1) Price action and RSI resistance breakouts. 2) Price action confirms trend reversal. Higher highs higher lows. 3) Price action confirms support on past resistance. (Green bar). 4) The inverse head & shoulders, you see it? 5) No share splits. True. 6) The bull flag pattern is used to forecast the projection as it was done twice before. Target area is $1000 per share. Ww Type: trade Risk: <=6% Timeframe for long: Quarter 1 2024 Stop loss: Will say elsewhereLongby without_worriesUpdated 515193
COINOne other note here on COIN Look at how closely it mirrors ETHUSD It still needs reprice higher to mirror ETH ETF approval God candle, which implies that it runs up to March swing highs around 280 as soon as possibleLongby jhonnybrah4
META - Short OpportunityVideo says it all! Meta has someroom for a liquidity build after filling the large downside gap. Happy Trading :)Short01:39by TraderDaddyOG5
Sh_NVI believe that there have been price gaps, and NVIDIA needs to drop to close them before continuing the upward trend or undergoing a deep correction. The recent surge is justified by the AI hype, and I expect yesterday's move was intended to trigger the short positions on the stock. Therefore, I anticipate a short-term decline in the stock, possibly this week, as the rapid ascent will likely be followed by an equally swift profit-taking reaction. I'm 90% confident in my trade, and I will close the position if a 15-minute candle closes above the stop-loss level.Shortby KAIM17774
V-Guard Industries For 300%V-Guard Industries For 300% return for next 2 years, Longby Bhupen_AUpdated 7729
CLSK ticking time bombCLSK is wedging out like many of the miners, after that wick into the daily demand the stock has a strong recovery and consolidating contraction. We see a breather on the stochastic RSI, a new wick to test the 20 EMA. I think we see a test of the golden fib again on this BTC momentum, this is 22.2$.Longby Apollo_CB4
Despite the tepid growth, $LULU surged 10% in extended hours - **Earnings per share (EPS)**: Lululemon reported EPS of $2.54, beating Wall Street's estimate of $2.38. - **Revenue**: The company's revenue reached $2.21 billion, slightly exceeding the expected $2.19 billion. - **Americas Market**: Lululemon faced challenges in its largest market (the Americas), with flat comparable sales. Last quarter, they struggled due to inventory issues in U.S. stores. - **Guidance**: Lululemon issued weak second-quarter guidance, but its full fiscal year outlook suggests optimism for improvement in the latter half of the year. Overall, Lululemon is navigating growth opportunities internationally while addressing challenges in the Americas market. CEO Calvin McDonald emphasized the company's potential for further growth and optimizationby KhanhC.Hoang221