GME About To WaterfallGME SAVE THE TAPE! Back in June 2021, I warned people to GTFO out $GME when it was trading at $212 Today it trading at $20 and about to waterfall again. Despite my several follow-up warnings over the last year and a half people continue to fight me on this. SMH! Shortby RealMacroUpdated 549549263
Can Roaring Kitty and WSB team push Gamestop to $184If u copy the price range #1 and add it to the high of 2008 We get a log price #2 This could be useful to have some insight to where #GME could possibly go if things go crazy! And it not only challenged it's ATH but goes on into blue sky territory. This is also extremely bullish for #crypto and #shitcoins Wild Degeneracy breeds FoMO and creates giant green candles where don't expect them #Memecoins Longby BallaJiUpdated 7733
Long $GME on increased volumeLong gamestop at a price of $20.31 Based on trading volume with demand at the $20.20 level, looking to take out areas of supply as we recently retested $63.92 earlier this week. Next level would be the $86.17 followed by ATH of $120.75. Only trade what you can afford to lose! The company is not profitable but has a robust balance sheet and cash on hand.Longby NickMackintoshUpdated 121237
Future targets?@FlyingDutchman100 perfect parallel with the previous bull channel. There is a lot rhyming but its way to soon to be looking at this, pure speculation. The box falls in 1 Nov 2025 to 3 March 2025Longby Sherlock_1987Updated 332
DraftKings DKNG - Dip then Flip?DKNG still hasn't broken out of the yellow line pullback. If price continues down to about $36 (near the 200 day EMA, price will be 100% away from all-time highs. What are your thoughts? Wait for price to break out from the yellow line pullback, then buy Leap Call options anticipating a move toward all-time highs?by PortfolioBuildersClubUpdated 224
NKE - buy now or miss outhi traders, NKE looks great. The price built a strong market structure and NKE may be ready for more upside in the next weeks and months. Buy low, sell high. Take profit levels are shown on the chart. 145-150 $ is the final target for this trade Stop loss can be placed below 88 $. Good luckLongby vf_investment4415
Do you guys realize….Do you guys realize the MACD monthly has just gone bullish since February 2022? Do you realize how significant that is? DIAMOND HANDSLongby Fibonaccivix1110
Do you guys realize…Do you guys realize this is the first time the MACD Monthly has turned bullish since February 2022? Do you realize how significant that is? DIAMOND HANDSLongby Fibonaccivix116
AMC Approaching Decision PointIn the run up to the January 2021 squeeze, AMC struggled to get above the Daily (red) and Weekly (green) triggers. However, in the few days right before, those resistance points collapsed. Each trigger fell with a gap-up and accelerated price action to the upside. And each time the triggers turned from resistance into support and the next trigger fell. AMC might be playing out the same process, though on a longer timeframe. AMC has currently bested the Daily and is creeping toward the Weekly. If upside price action is to continue, I expect a gap-up over the Weekly and a run to the Wave 3 target range, then a drop back to retest the Weekly. The craziest scenario in the short term is a run above the Monthly around $40 and a quick collapse back to the Weekly around $20. However, I think it will be more restrained and methodical with quick, unexpected breakouts until it finally conquers the Monthly. This will almost certainly shadow GME as it squeezes over the next several months.Longby fizzleblam116
Navigating $AMC: Technical Analysis Insights for the Week Ahead.Key Observations: After market hours, the stock closed at 4.87, positioning itself just above the golden pocket as indicated by Fibonacci retracement levels from the lower low on April 26. Notably, support aligns closely with the EMA 20 at 4.72 and EMA 50 at 4.33, suggesting a potential further dip to test these levels. Bullish Perspective: Should the stock hold within the range of 4.59 to 4.35, a swift rebound is anticipated, targeting the range of 5.80 to 5.90. A crucial observation is the presence of a significant black trend line that the stock recently breached on June 3, potentially hinting at a retracement to validate this breakthrough. This forms a notable buy zone, coinciding with a potential gap fill. Additionally, a new bullish channel appears to be taking shape in the broader context, offering further support in this price range. Potential Downside: The RSI (Relative Strength Index) exhibits a downward pivot, currently residing below its average and testing the 50% mark. While there's no bearish divergence apparent yet, vigilance is warranted, particularly if a price bounce occurs simultaneously with the RSI forming a lower high, indicating a possible bull trap. A close below the newly forming bullish channel or the black trend line suggests a downward move to test 3.72. Other Considerations: The MACD indicator displays a pivot downwards, though it has not yet crossed. Similarly, the MFI shows a downward pivot but remains within bullish territory. Notably, there's a resurgence in trading volume, potentially signaling a shift in market sentiment. by Sherlock_1987Updated 114
GRANULES - A stock to watchThe stock after facing price rejection around 466 to 480 area was pushed down to the 200 DMA levels. It took support from there and started moving up and now it's making a higher high and higher low. The relative strength is also positive and we can see good volumes coming in. Money is flowing into the stock and the momentum is also positive and increasing. Also, we can see good increase in the delivery volumes recently indicating committed buyers stepping in. A bullish close above 480 would take the stock to the next higher trajectory. Longby karthikmarar113
FlyingDutchman100 Possible target?Is this what you wanted to see? @FlyingDutchman100 Longby Sherlock_1987Updated 222
$GME Game Stop AlgoTradeAlert Momentum Algorithm NYSE:GME Game Stop **AlgoTradeAlert Momentum Algorithm:** The AlgoTradeAlert Momentum Algorithm is a sophisticated trading tool designed to capitalize on market momentum to generate consistent returns. Engineered for both professional traders and serious retail investors, this algorithm leverages advanced statistical models and machine learning techniques to identify and act on emerging trends in real-time. ### Key Features: 1. **Advanced Momentum Detection**: Utilizes a blend of technical indicators such as moving averages, RSI, and MACD to detect the early stages of momentum shifts. 2. **Real-Time Alerts**: Provides instantaneous notifications through multiple channels, ensuring you never miss a trading opportunity. 3. **Customizable Parameters**: Offers flexibility to adjust settings based on your trading style and risk tolerance. 4. **Backtesting and Simulation**: Includes robust backtesting capabilities to evaluate performance over historical data, enhancing confidence in live trading scenarios. 5. **Risk Management**: Integrates comprehensive risk management protocols, including stop-loss and take-profit mechanisms, to protect your capital. ### How It Works: The algorithm continuously scans the market, analyzing price action and volume data to identify stocks exhibiting strong momentum characteristics. Once a potential opportunity is detected, it assesses the strength and sustainability of the trend before generating a trade alert. This systematic approach minimizes emotional decision-making, promoting disciplined and informed trading practices. ### Benefits: - **Increased Profit Potential**: By focusing on high-momentum trades, the algorithm aims to capture significant price movements, maximizing profit potential. - **Time Efficiency**: Automates the analysis process, saving time and reducing the effort required for manual research. - **Data-Driven Insights**: Relies on data and quantitative analysis, providing a solid foundation for your trading decisions. - **Enhanced Accuracy**: Continuous refinement through machine learning ensures the algorithm adapts to changing market conditions, maintaining high accuracy over time. Whether you're looking to enhance your trading strategy or seeking a reliable tool to support your market activities, the AlgoTradeAlert Momentum Algorithm offers the precision, speed, and adaptability necessary to succeed in today's dynamic trading environment.Longby AlgoTradeAlert114
NEOGEN CHEMICALS: High Conviction Trade w/ 70%+ Upside PotentialNSE:NEOGEN Building Momentum: The stock is gaining strength, bouncing from a key demand zone. Targets & Stop-loss : TP1: ₹1780 TP2: ₹2600 SL: ₹1374 Breakout Potential: Once the high of ₹1931 is breached, expect a strong upward move. High Conviction: This trade represents a high-conviction opportunity with significant upside potential.Longby SuperNova396112
JP Power is ready to give a huge moveJP Power has completed a long-term inverted Head and Shoulder pattern recently. Considering this positive move, we should expect a move up to double the current levels from 10.50. Keep tracking the move and invest sensibly. Longby Hobbytopassion_ManishJainUpdated 1010232
GME Really Needed A BounceTalk about a wedge! Really?? Truly?? I mean...it bounced off of those $10 lows and all...by mattfeato110
Let's Discuss your stock queriesHello Readers and Fellow traders, If you are stuck in any stock listed anywhere in the world exchanges, you may send me your query. I will analyse the same with my inputs on the levels. Best Manish Jby Hobbytopassion_ManishJainUpdated 404020
NVIDIA: Targetting 1300 soon?Based on the wave, i''m expecting nvidia will move higher targetting 1300 soon. NASDAQ US MARKET.by Zimy115
SQ Short positionhi traders, Let"s take a look at SQ chart on the 4 hours time frame. We expect the price to bounce until it reaches the resistance line. The short position can be taken after It reaches the resistance line. Entry, Stop loss and target are shown on the chart Risk-reward ratio: 4,88Shortby vf_investmentUpdated 222
NIO: Great Investment, or a Flop?My attention has for the moment been directed towards NIO thanks to Morgan Stanley’s recent purchase of 10M shares, raising their investment value by 55% to over 28M shares, whilst simultaneously setting a near 100% upside 1Y price target to $10 per share. Ahead of NIO’s June 6 earnings report for 1Q2024, I thought it best to take it upon myself to review the company’s past reports, consumer sentiment, competition, and upcoming industry opportunities, in the anticipation that the all time high (ATH) of about $67 may be broken not so far in the future — quite possibly in the next two to three years. Indeed, that sort of prediction may appear at first to be the lament of an investor who readily entered the stock near its ATH, but in fact I have neither open nor closed positions in NIO stock or options at the time of publishing. That is to say: this is an independent evaluation intended to lay out NIO’s potential to become a high-value company, alongside factors that might stand against such an increase. What is NIO, and What Differentiates Them? As stated in their Annual Report 2023 , published April 2024, NIO is “a pioneer and a leading company in the premium smart electric vehicle market. We design, develop, manufacture, and sell premium smart electric vehicles, driving innovations in next-generation technologies in assisted and intelligent driving, digital technologies, electric powertrains and batteries. We differentiate ourselves through our continuous technological breakthroughs and innovations, such as our industry-leading battery swapping technologies, Battery as a Service, or BaaS, as well as our proprietary NIO assisted and intelligent driving and its subscription services.” Compared to most other Chinese EV companies, NIO distinguishes itself primarily through two factors: high-end models and battery swapping. High-End Models NIO focuses on the premium segment of the EV market, offering luxury features and cutting-edge technology. Their vehicles are known in China for their performance, design, and advanced driver-assistance systems (ADAS). Models cater to consumers looking for high-quality, technologically advanced vehicles. This positioning allows NIO to target a market with higher profit margins and less price sensitivity compared to the mass market. However, this also effectively sets an upper limit on the demand, as most lower-class and low middle-class would not be able to purchase NIO even if they are willing. It is also worth noting that in Chinese culture, names are seen as of great importance; NIO’s Chinese name is pronounced wèi lái, which means Blue Sky Coming , and it is seen as almost auspicious and rather chic. The same pronunciation of the characters can also be used to mean “future” when written in a different manner. Trading View prevents using multiple languages, hence the lack of Chinese characters. Battery Swapping and Battery as a Service (BaaS) NIO's battery-swapping technology is a significant differentiator: instead of traditional charging methods, NIO offers battery-swapping stations where depleted batteries can be exchanged for fully charged ones in a matter of minutes, replaced by robots without a need for human intervention. This innovation addresses two of the primary concerns of EV owners — charging time and charger availability (for those without private chargers). The BaaS model further enhances this by allowing customers to lease batteries instead of purchasing them with the car, reducing the upfront cost of the vehicle by about $10K and offering flexibility to upgrade to newer battery technologies as they become available. This service model is unique and provides NIO with a recurring revenue stream, similar to a subscription service. The standard 75kWh battery costs $100 per month and the long-range 100kWh one cost $230 per month (respectively reduced by 31% and 35% in March). Do note that the costs accrued from building battery swap station and chargers increases relatively linearly — a good sign as long as revenue continues to increase exponentially. As of May 29, 2024, there are 2,427 recorded swap stations in China, 802 of which are along highways. While there are fewer swap stations in Europe, these are located in larger cities where most NIO Europe users are concentrated. Cooperations with other EV companies are in the works to develop cars which can utilize NIO’s existing battery swap station. Today, NIO has the following partners on battery swapping: GAC Group, FAW Group, Changan Automobile, Geely Group, JAC Group, Chery Automobile, and Lotus Technology. If these collaborations ever come into fruition, NIO would undoubtedly have higher profits from the numerous non-NIO vehicles using their swapping services. Besides, as of November 2023, about 80% of the power from NIO chargers is used by other brands, with BYD and TSLA vehicles being the foremost at 19.4% and 12.3%, respectively. Safety I would like to leave this note on safety, since much attention has lately been drawn to the issue of Chinese EVs catching fire. According to Wikipedia , NIO only had 3 fires recorded by 2021, one of which was caused by a collision; an article in 2023 states two more fires had occurred due to collisions, bringing the estimated total to five for a company that has now sold over 515K EVs as of May 31, 2024. It is suggested that those looking to invest in Chinese EV companies compare their rates of fire per hundred thousand cars sold. For NIO, this number seems extremely low, at under 1 fire per 100K — unless there remains other data my investigation did not uncover. Stock Performance and Sentiment NIO's stock has historically been highly volatile, reflecting both the rapid growth potential and inherent risks associated with the EV industry. I have identified a possible supertrend buy signal on the 5Y chart in the case that the stock price closes above the $6.56 mark at the end of any week. If this happens, it could signify a robust upward momentum, potentially attracting a wave of new investors and boosting market confidence. This possibility is supported by an upwards slope in on-balance volume (OBV) since mid-April — a momentum indicator for volume showing crowd sentiment. Please refer to the chart for supertrend and OBV. The green box indicates the possible buy zone if the supertrend is confirmed, and the arrows on the graph seek to provide a rough guide for how price might move. Overall, market sentiment is mixed, with many investors predicting for an uptrend and others unsure of when NIO will become profitable. Consumer sentiment towards NIO remains generally positive, particularly among tech-savvy and environmentally conscious consumers. The company’s focus on high-end models with advanced features has carved out a niche in the premium EV market. Their NIO house idea further sets them apart from competitors, offering a place where users. These strategies positions NIO well against competitors like Tesla, which also targets the high-end segment, and differentiates it from other Chinese EV manufacturers that compete primarily on price. Competition and Industry Landscape NIO operates in a highly competitive landscape with numerous players vying for market share. Tesla remains a formidable competitor globally and within China, leveraging its brand recognition and extensive Supercharger network. Other Chinese manufacturers like BYD and XPeng also pose significant competition, each with their own strengths in battery technology, manufacturing scale, and market strategies. It seems unlikely NIO will ever have the chance to expand to the United States of America. However, the rest of the Americas might hold some potential for future expansion. At the moment, it might be best for NIO to solidify their position in the Chinese markets and to gain more loyal customers across Europe. Recent Events and Announcements NIO Energy, a key subsidiary focusing on charging infrastructure, battery swapping, and energy storage, recently secured a substantial investment of $207 million. This capital influx is earmarked primarily for research and development (R&D), as well as to support manufacturing and operational costs. Such investments are crucial for NIO’s ongoing technological advancements and expansion of its service network, enhancing its competitive edge in the fast-evolving EV market. Furthermore, NIO announced its record-breaking May deliveries of “20,544 vehicles, increasing by 233.8% year-over-year. NIO delivered 66,217 vehicles year-to-date in 2024, increasing by 51.0% year-over-year.” Having broken their July 2023 highs in deliveries, it appears more and more likely that once NIO ameliorates their cost-managing, their profits will see a formidable increase. Anticipation is building around NIO’s upcoming earnings report for Q1 2024, scheduled for release on June 6. Previous quarterly reports have shown mixed results, with strong revenue growth but persistent challenges in achieving consistent profitability. Industry Opportunities and Challenges The EV industry is poised for substantial growth, driven by increasing environmental regulations, government incentives, and a global shift towards sustainable transportation. For NIO, opportunities lie in expanding its market share, both domestically and internationally, and further innovating in battery technology and autonomous driving. However, the company faces several challenges. Supply chain constraints, rising raw material costs, and geopolitical tensions can impact production and profitability. Additionally, NIO must continuously innovate to stay ahead of the competition, particularly in battery technology and autonomous driving capabilities. Conclusion: Great Investment or a Flop? NIO presents a compelling investment opportunity with its innovative technologies, strong brand positioning, and significant growth potential in the premium EV market. The company’s strategic focus on battery swapping and BaaS provides a unique value proposition that could drive recurring revenue and customer loyalty. However, potential investors should also consider the risks. The EV market is highly competitive and rapidly evolving, with substantial operational and regulatory challenges. NIO’s financial performance has been inconsistent, and achieving sustained profitability remains a key hurdle that NIO will hopefully be able to resolve by end of year 2024. In conclusion, while NIO has the potential to become a high-value company and possibly exceed its previous all-time high of $67 per share in the next few years, it also faces significant risks that could impede its growth. Investors should weigh these factors carefully and consider their own risk tolerance and investment horizon before making a decision. Once the June 6 earnings report is released, I will make an update to further scrutinize earnings and revenue growth. At the moment, it seems a small long position in NIO at the current price would be fitting (low theoretical downside risk at just over $5 per share), although it might be best to wait for supertrend and OBV confirmation before making a hefty commitment. Omni out. Feel free to ask any questions or provide suggestions. This is not financial advice.Longby OmniscientInvestorUpdated 101019
Tata Motors Looking bullishTata Motors completes the Inverted H&S pattern today and is looking bullish for the medium to long term with a horizon of INR 1000/- (almost double the price today). Longby Hobbytopassion_ManishJainUpdated 99146
GAMESTOP: The Party Is OverRemember when Elon used to tweet about Dogecoin, causing the entire market to react wildly? Market cycles repeat, and this one is no different. What we've learned is that driving up prices through tweets, Saturday Night Live appearances, or YouTube livestreams is unsustainable, and the positive effects are diminishing. Yesterday, expectations for the livestreams were high. Despite multiple market halts, the disappointment was evident as GME's price retraced to its pre-pump level from the start of the week.Shortby ARESABI111
Tech M : Updated Price Action- We posted the initial analysis of Tech M on March 5th, 2023 which can be accessed below. - Given that the price action changed with time, we decided to post the updated price action for the ease of our followers - The chart is pretty self-explanatory - The Price action is similar to that of NSE:WIPRO . The price consolidated for over a year and finally gave a good breakout. - Follow the comments below for regular updates on future price action 👇 - The Indian IT sector too is approaching its critical resistance for the third time. - Looks like we may see some good momentum in the IT Space. What do you think? - We appreciate your support! If you liked our analysis, Do give us a 🚀 ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻Longby TheCharteredsUpdated 3331