S5_Trading_Desk

S5_Trading_Desk

Perfect formation and setup for Energy stocks which I expect bullish performance till end of Q2 2022 and by then most likely 2 interest hikes will be already done. Then as of Q3 also due to base effect inflation will start to come down and rotaion will be from value to growth stocks. on Weekly chart it is even more visible. My 2022 portfolio will be on precious...

S5_Trading_Desk

If this is not cup and handle than tell me what is... Super long formation, normally we will not see this in stocks but commodities especially valuable ones like silver and gold, time span changes. Short term I expect 1 more touch down/test at 1760 and then the moment we break up 1834, we can see the upwards move

S5_Trading_Desk Updated 

Everyone is talking about this for weeks now. Charts and patterns start to form. Non-super large caps and non large caps of NDX is already down %30 - %40 since Feb 21 ATH. They did their correction. However FAANG and so on kept NDX stable. Bells are chimming for them now and they will go down at least 15-20%. Not an investment advice.

S5_Trading_Desk

Clear SHS formation, on a longer track S S H S S is expected. if fibo level holds at 35$ which it hold for the last 3 days, we are good to go to 40-42$ which is 10%-15% uplift

S5_Trading_Desk

originally I was rooting for RSHS formation but after earnings the drop was too steep and we see a clear megaphone formation. High volatility, watch out.

S5_Trading_Desk

need to be confimed on the last shoulder. If it does, a reverse trend and we see up. Will track and open a position below 59

S5_Trading_Desk

We see the triangle now. Unless we break it upwards, no need to jump the boat. Need to wait and see roughly 1 week before I open a position. If we break up, then following fibo levels, we are good to go 40+

S5_Trading_Desk

To me the only question is whether we break 123$ which is the upper bound and also coincides with MA200 line. Only once we pass MA200, I can have the confidence of bullish trend back on.

S5_Trading_Desk

since 10th May peak, the stock was on bearish trend. As of 6th October is breakout the slope, went back for 1 day but break out again, confirming a trend reversal. MA50 line is tested and rejected several time in the past 2 weeks but following fibo levels, I believe we look at a climb to 215-220 range before earnings on 4th Nov. Earnings will define the story onwards

S5_Trading_Desk Updated 

I see a narrowing triangle. Triangles we love especially squeezed ones with a bit of consolidation visible. I will not enter from point 1. First we need to observe bounce back from 1 and rejection at point 2 so basically one more touch on each sides of the triangle. If that occurs, I will start opening position on point 3. we see 2 influential figures coming head...

S5_Trading_Desk

Back in June 20, NVTA jumped up rather spectacularly and since late Jan 21, bears are beating it down. 24.90 was a critical point but we crashed it down and due to Jun 20 pump up, we are right now in the vacuum between a solid support of 15 and 25. 20 was a resistance in the past, we don`t know whether it will work as a support but my main point is that this gap...

S5_Trading_Desk

If we do not bounce back from 5.34, we will be on freefall till 4.20s....I will wait for overall trend to turn around. short term I am short, if we break the upperline of the triangle, I will start opening position.

S5_Trading_Desk

AVPT - very interesting company. Earnings came out - Guidance is not changed for the year while Q2 earnings (revenue / subscription) were a record high - better than expected. Despite that it went down. Company has 250mio cash on hand so part of valuation is already absorbed from there. Solid outlook. Short term, also after how it behaved after earnings, I expect...

S5_Trading_Desk

There is a triangle formed, coming to a cross section in 3-4 weeks time. Either to pop-up or break down. Either way now is not the point to enter. We need to see a bounce back from bottom line and one more touch to upper line to confirm the triangle. I bet on upper break through so if the above condition met, I will enter around 109s with a small portion

S5_Trading_Desk

self explanatory...entry anywhere below 16, ride up to24 in 5-6 weeks....not financial advice

S5_Trading_Desk Updated 

After a long bearish move, we see a nice cup & handle formation. Of course to validate the move, we need to see an upward trend of the cup. Be aware that there is a voting end of June for APXT! If merger is not approved, then it might be a bit disaster. Though the cup & handle move will be confirmed way before end of June, if we don`t see harsh moves on NDX, I...

S5_Trading_Desk

I was looking forward to today, this week, on whether we will be rejected by the downward cross resistance line or not and we got rejected. This is not good because twice rejected and twice got support confirms the narrowing wedge formation (thick blue lines converging) I draw the path I expect this etf to follow. I am in since 9 months on this ETF and my cost...

S5_Trading_Desk

Black line which held several times in the past is being tested. I expect to bounce back and forth between black line and MA21 for a while till we break it up. If Black support line is broken, it will be free fall till 90$