Hello Traders, It appears that Tesla had a break of market structure at a key area ($239). Price retested the $239 level but face rejections leaving a wick. Since the key level has been violated, I will anticipate Tesla to fall
We almost called top on the #indices. DJ:DJI AMEX:DIA Daily Few days ago stated that it could drop 1k points. Weekly Yellow areas are the best risk reward entries, for a bounce or if we continue higher. Monthly Choppy action is 100% normal since 2018 (Only after CV crash it went straight up). This was not the norm prior to 2018. Usually had few months of...
Hey Traders, in today's trading session we are monitoring US500 for a buying opportunity around 4430 zone, US500 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 4430 support and resistance zone. Trade safe, Joe.
NVIDIA Corporation (NVDA) not only found Support yesterday at the bottom of the 8 month Channel Up but the strong daily rise managed to close the 1D candle above the 1D MA50 (blue trend-line). Last time it did so was on January 09 2023, on a similar bullish reversal fractal after a Channel Up bottom. With the 1D RSI also rebounding exactly on the Support level...
BINANCE:XRPUSDT Waiting for a long growth in 40-5 months. $XRPUSDT::$0.4246::$0.72::$176%::Jul 2023 Does not constitute a recommendation. #investing #stocks #idea #forecast #furoreggs
Tesla (TSLA) cycle from July 19, 2023, high remains in progress. The cycle has a 100% – 161.8% Fibonacci extension area target of 198.9 – 227.6. Near term, cycle from July 31 high is in progress as an impulse Elliott Wave structure. Down from July 31 high, wave ((i)) ended at 250.49 and wave ((ii)) rally ended at 264.79 as the 30 minutes chart below shows. The...
A while ago, we drew attention to the intriguing correlation between the Chinese and U.S. stock markets. In fact, we presumed that if the Chinese economy and stock market were doing well (following the reopening after Covid-19), it would be inherently positive for the U.S. stock market and could postpone a recession to later. From around October 2022, both indices...
If you enjoy this analysis, please give it a like and a follow. Over the last few weeks I've made multiple analyses on Bitcoin incredibly low volatility and intra-day price movements. In this analysis I want to expand on those and look at BTC's yearly volatility (as opposed to the weekly). The bottom, orange, indicator "BVOL" tells us that the YEARLY volatility...
AU wages came in weak, The RBA hinted that they think they're done tightening in the minutes, The PBOC cut rates (again) and a slew of data from China once again misses the mark. And all in a 30-minute period! I think we’re fast approaching a phase where bets will be on for another round of stimulus. The China A50 is holding its ground above 12,600 and AUD/USD has...
United States Steel Corporation opening high and rising high This chart shows the weekly candle chart of the stocks of American steel companies in the past four years. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, due to the stimulation of the acquired bullish news, the stocks of American steel companies...
Daily chart C3.ai ( NYSE:AI ) increased over 381% from Jan 2023 and it's trading at $39,25 after drop from ATH on Jun at $48,87 The first leg is completed and wait for a second leg to buy around $29 Wait and see C3.ai growth in the future
Weekly Chart Dynavax Technologies Coroporation ( NASDAQ:DVAX ) has broken up descending trend line and trading at $14.35 now - Return on Equity over 72% on 2022 and over 55% on Quarter I/2023 When DVAX retest the support to confirm breakout and if it's true that a good chance to buy for mid-term Wait for next move
Last time we looked at Eli Lilly and Company (LLY) was on March 01 (see chart below) where we called for the most optimal buy entry exactly at the bottom of the bullish pattern: The price is now approaching the top of the 3 year logarithmic Channel Up, highly overbought with the RSI on the 1W time-frame at 80.00. This gradually calls for a sell towards the...
✅APPLE is trading in an Uptrend and the stock Was making a bearish correction But now the price has reached a Support level of 175.00$ from Where I think we will see A bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
NASDAQ:FOLD will show +28% until the milestone. Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view )
best entry 100 % correction low risk R:R=1:6 Trade in the direction of the market Godd luck.
NASDAQ:ZYNE can show a local jump to 0.4 (about 18% from the current values) in a pair of weeks. if it go higher, this can show, that we will need to implement an addintional analysis for the next possible moving. Due to my previous view for a long period of time, this company can show an excelent results in the future, but we before we need to hit a bottom...
NASDAQ:ZYNE draws an upside-down shoulders on 30m representation as well as it was moved before from the historical triangle shape on 1D graph. Expectation, that it can bring 25% in a month. NASDAQ:ZYNE :0.42->0.54::28%::1 month Does not constitute a recommendation. #investing #stocks #idea #forecast #furoreggs Please, subscribe and challenge my point of view )