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Advancedbreakout

TSLA: Approaching a major turning point.TSLA's shares are collapsing, even though the company is beating vehicle delivery expectations. This can be explained by the fierce competition coming from China, as TSLA lost its position as the world's biggest seller of electric cars to BYD in the last four months of 2023 - even though the American company managed to beat its own expectations. This not only affects TSLA, but also the shares of RIVN and LCID, the former of which also managed to exceed expectations for vehicle production. From a technical point of view, the price could fall to the next support level in the next few days, around $230 . The price is already entering a short-term downtrend , as it has lost the 21 EMA, and in the absence of a clear bullish reaction that could reverse sentiment, this is the most likely scenario. What should the price do so it can reverse this bearish sentiment? It would be nice to see a clear reversal candlestick, closing above the 21 EMA again . So far, there are no technical buy signals in my view. Are there any other possible support points? Yes, we see the 50-period and 200-period averages very close to each other, also in the $230 area mentioned earlier, reinforcing the idea that $230 could be an important support for TSLA . It would be important to see the price react above this area to avoid a Death Cross (when the 50MA breaks the 200MA downwards). A warning sign is the divergence between the RSI and the price. While the price was making higher tops, the RSI was already making lower tops, as evidenced by the red arrows in the chart above. In addition, the RSI is already losing its support levels, while the price is still above them (green lines). This can be characterized as an Advanced Breakout (when an indicator anticipates a breakout in price). For now, TSLA shares are in correction territory, and although we see a promising support zone near $230, I don't see any technical evidence that convinces me of a bullish reversal at the moment. I'll keep you updated on this, so remember to follow me for more daily analysis like this, and support this idea if you like it or learn something new here. All the best, Nathan.
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
3
Is PLTR a wise bet right now? 🤔🤔🤔Ok guys, despite the advanced breakouts on the 30min chart, PLTR is not flying right now, but in my view, it is a good thing that it keeps accumulating. The BBs are very tight, and sooner or later, it’ll do a breakout. The risk-reward ratio is more interesting for long trades, because we have too many supports and the RSI is quite oversold in the 4h chart: If PLTR loses the 50% retracement it might just hit the 61.8% at 21, but we must consider the RSI. But if we explode upwards, it looks like there’s no limit to PLTR! Nevertheless, it is always important to work with targets, and the resistance at 25.05 is the first one PLTR will have to deal with during its ascension! I already have my strategy for PLTR, do you have yours? I think PLTR is one of the best stocks to trade around, but certainly is not the n# 1. I see stuff much more interesting than PLTR around. 😊 If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:PLTR
by UnknownUnicorn21312077
6
Is NIO a good bet right now? 🤔This is it, my dear traders! NIO is trying very hard to escape from this very tight Bollinger Band, and maybe this RSI divergence will give us a clue to where NIO will explode next. Now I see the 46.80 as the breakpoint for us, and if we do break it, the RSI will confirm the breakout. We could be a little more oversold in the 4h, but that’s ok. NIO is trying to do a reversal pattern in multiple time frames, and now is a good point to do this. We just hit the 50% retracement and now we are flying, back above the 38.2%. This is great, but we must do the last reversal pattern before we can fly again! Nio is a good stock, however, I see many stocks that are looking much more appealing than NIO right now, and me and my followers are quite aware of them! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:NIO
by UnknownUnicorn21312077
3
All going as planned! 👍 How to proceed now? 🧐Again, PLTR did exactly as we planned, and it did hold around the support area we talked about yesterday. Just like WISH, we have an RSI divergence + advanced breakout. All of this is great, and tells us there’s a good chance PLTR will do something good next. In the 4H we are still oversold, and we do have a good candlestick, as we expected. Now there’s a good chance PLTR will fly again but remember: Always trade with a strategy! I do have mine, be sure to have yours! I see PLTR at 25 is it triggers its buy signs! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:PLTR
by UnknownUnicorn21312077
4
Did exactly what we expected! 👀 Now what? 🤓Ok, WISH did exactly as we said yesterday. It is exhausted, and we have many interesting signs around. The breakpoint is the 11.22, we must watch it closely tomorrow! The RSI has a divergence + advanced breakout, just when the BBs are getting tight again! We hit the support as we expected we would, at 10.37, and ow we have the start of a reversal. This is fantastic, and I already have a clear strategy for it! The only problem is the RSI that could be more oversold, but that’s ok. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
W
by UnknownUnicorn21312077
6
These patterns can make GE fly to the $13.90! 👀We are in a consolidation, and the 13.19 is a ceiling for GE, while the 12.94 is a floor. According to Al Brooks, 80% of the breakouts are going to be false, so we must be careful. The time to buy is near the support, but there’s a chance we’ll see a breakout from the 13.19. We have a possible advanced breakout in the 4h chart, and if confirmed, this can make GE fly and close the gap around 13.90. This is something that favor the buyers, but again, let’s wait for the confirmation on the price action! Also, the 20ma is right there above us, so, we must see a good breakout as soon as possible. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:GE
by UnknownUnicorn21312077
What's next on TSLA? ☠️Ok, I just got cashed out of TSLA, and it was a good ride, but I think we have better opportunities around. Since it lost the red line, there’s not much to do. The RSI looks oversold, but not much. Can it bounce back to the 608 at the 20ma? Absolutely, but even considering this scenario, I don’t think it is worth the risk. Once again TSLA frustrated an advanced breakout on the RSI, and this is something I was already expecting, as we talked about this yesterday. But if you look carefully, TSLA did a double top, and it is heading to the bottom line at 571. This means that we will see a rectangle around. I think it’ll hit the 571 next, as the Nasdaq is looking bearish, but we’ll see. Anyway, I don’t think Tesla is interesting right now, and we can find better stuff to trade, long or short. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa
NASDAQ:TSLA
by UnknownUnicorn21312077
Keep an eye on the next breakpoint! 👁It seems the 615 area and the 20ma are holding the price nicely, but TSLA must wake up and do a good movement this week, otherwise, it could drop again to the 600 area. The 615 was our first breakpoint, but now we have a second one. The 622 is the new breakpoint for Tesla, and if it breaks it for good, then it’ll hit our target at 635. The RSI still shows an advanced breakout, but Tesla must not drop too much from here. The stock already frustrated some AB in the past. Again, the 622 is the breakpoint. Meanwhile, you guys know that my stop-gain is around the 600s, so, there’s no way we are going to lose money here. I’ll keep you guys updated. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:TSLA
by UnknownUnicorn21312077
3
A trading idea on Nike! 👀Hi everyone! Today’s trading idea is on Nike (NKE)! It is a long trade for 3 reasons. First, the pivot at 131.83 was broken today, and this might be the beginning of a good movement next. Second, the RSI shows an advanced breakout, and this is another confirmation we have here. Third, we are near support level in the 4h chart (130.48), and NKE is doing some interesting reversal patterns around, like a spinning bottom and recently, a bullish engulfing. If it loses the support, we should get out. The target is the 138. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:NKE
by UnknownUnicorn21312077
2
Tesla is dead 👻Some might say that Tesla is dead, and I agree, but it is not going to keep dead for too long, and the volatility will increase again at some point. If it loses the 600 again it’ll do a head and shoulders, and this can bring the price way down to the 580, where we bought it. But the red line is a nice support that is holding tesla for now. If it breaks the 615, it’ll hit our target at 635. I’m optimistic about the advanced breakout on the RSI, but I wish the divergence would be stronger. These points make me believe that tesla will do a bullish movement next, but if everything goes wrong, we will still make money at this point, so, I’m cool. I’ll keep you guys updated. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:TSLA
by UnknownUnicorn21312077
3
Let's stay alert on Apple! 🔔I see Apple is just accumulating. We talked about in my last analysis that we should be careful, and in the 30min chart we see why. We are inside a big congestion, and yesterday, Apple closed the gap at 126.03. All of this is good, as this offers a chance to trade. If AAPL breaks the 127.90 again, it’ll hit the 131. The RSI has an advanced breakout, and this increases the odds in the favor of the long trades. But if all of this doesn’t work, and if it loses the 126 one more time, the 4h chart suggests it can drop to the 122 again. Let’s remain cautious here, always working with the possibilities. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:AAPL
by UnknownUnicorn21312077
4
Another target hit! 🤑Yes, AAPL hit our target, as I said in our last analysis, at 127.90! Now what? The 126.42 is a support, but if AAPL breaks it, the 124.86 is the next target. Unlike a few days ago, we lack divergences on the RSI, so, it is hard to tell if it’ll break this line or not. But we are near the upper level of this consolidation, and although we do have an advanced breakout, I think we should be careful here! Now I’ll just be on the sidelines watching it. GL to who’s still here! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:AAPL
by UnknownUnicorn21312077
2
As requested, here it is my analysis on MTNB!As another request, I’ll analyze MTNB today! This time for @D0981237654! The stock has low liquidity, so, the intraday chart is hard to read. But we have some good signs in the daily chart. We have an inverted head and shoulders + an advanced breakout on the RSI. In the weekly chart we are above an interesting support level. If I had to do anything here, I would buy, set a stop-loss under 0.72 and aim for the 1.70, or even the 2.20. Good risk-reward ratio! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
AMEX:MTNB
by UnknownUnicorn21312077
4
Will it fly, or will it crash? 👀Here we have a good example why we must trade price, not indicators. We had an incredibly nice advanced breakout on the RSI, which gave us some fantastic trades recently, but now, it didn’t work at all. As I mentioned, we trade price, and the trigger was the 606, which wasn’t triggered. You guys know that I want to another trade on TSLA, but I’ll only do it when it gives us a clear entry point. Now Tesla is in a lower support level at 571, but this alone is not enough for me. I must see a better pattern. Yes, we have a gap at 564, but if Tesla doesn’t close a bullish candle above the 580 tomorrow, I believe it’ll hit the 546. Only time will tell. Meanwhile, I’m an observer for now 😉. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:TSLA
by UnknownUnicorn21312077
4
A trading idea on PLUG!If you believe the Nasdaq is going to hit ATH next, PLUG is one of the stocks that can outperform the index (or underperform if it drops). Either way, it is a fact that we have a descending triangle here, the bottom is at 29.81 and it seems it is trying to break the upper line. The RSI has an advanced breakout that could work for us. The problem is the RSI in the 4h chart, that is still a little overbought (not much, but enough to make me wonder if it can keep going up). If PLUG loses the bottom of the triangle, then the bullish idea will be ruined, at least temporarily. But it can fil the gap at 32.13 if it triggers the pattern in the 30min chart. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:PLUG
by UnknownUnicorn21312077
2
This looks interesting 👀Tesla is doing some interesting movements today! Yes, it failed in dropping to the 596 as we’ve been expecting, but we might be at a support level right now. First, consider this advanced breakout seen in the RSI. If TSLA breaks the 606.52 it’ll confirm the ab and Tesla might seek the 616 again, or even break it to the next resistances. If Tesla doesn’t lose the 599 again, then it might even hit the 630 next week. The risk-reward ratio makes sense to me. In the 4h chart we have the 20ma and the fibs retracement at 38.2%, and both are at the same place, working as support for TSLA. This is why I tell you, if TSL loses today’s low, it can hit the 580 easily. We must be careful here! Since we did an amazing trade on it recently, we can afford to risk our chances here. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:TSLA
by UnknownUnicorn21312077
5
Nice movements on APPLE!Yes, AAPL is very weak, and it is in a congestion in the 30min chart. I updated the points from our last study here, and the new resistance is at 125.23, while the support is at 124.12. It is true that the RSI is showing an advanced breakout, and the diverge we observed yesterday persists. This makes me wonder if AAPL will hit the 126 again if it breaks the 125.23. The 4h chart has the 122 as a target, and I still think it’ll hit there, but if APL breaks the 125.23, and the last 4h candle’s high, it’ll trigger a buy, and the technical target is the 127.90. I think it is worth to add a position there, and if it fails, then wait for a reaction at the 122. But we’ll see if AAPL will react tomorrow. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:AAPL
by UnknownUnicorn21312077
2
Will it hit our second target? Let's see...Yes, AAPL couldn't break the 127.90 again, and it is just moving sideways now. In theory, it could drop to the 126.08 and this could offer another chance to buy, if you missed the first point. Now it feels like AAPL has to rest a little bit, and let the bollinger bands get tighter. Although the 4h chart is not overbought, the 30min was a little, so this movement was pretty important for AAPL. This doesn't change the main bias. The 4h chart has an advanced breakout, which the price didn't confirm yet, but it is another sign that the bulls are here. By breaking the 127.90 for good, the 131 is the next stop for us. Let's calmly wait for more signs. AAPL is in a decisive moment, and it must break the 127.90 to seek the next target. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:AAPLLong
by UnknownUnicorn21312077
What to look for on PLTR next week?Ok, PLTR broke the 20.80 as the advanced breakout told us it would, but the movement was too weak, and it closed at 20.75 (it dropped even more post market). This shows that the bulls are as weak as the bears, but there's still hope for PLTR. If it does a good bullish candlestick next Monday, and close above the 20.80 in the 30min or 4h chart, it could trigger a buy. The 4h chart has no relevant information, other than the resistance around the 22, that we are already aware of. In my reading, if it breaks the 20.80 for good, we'll see it breaking the 22 too. I'll monitor PLTR closely next Monday! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:PLTR
by UnknownUnicorn21312077
2
Points to monitor next Monday!Tesla failed in breaking the resistance we've been talking about at 592, and it is still inside a range. We must wait for a breakout from this point before we can do anything. If it drops below the 580, the 571 is the next stop for Tesla, or it could even fill the gap, but I'm not counting too much on this. One of the reasons why I'm aiming for Tesla is the advanced breakout seen in the RSI, that could make it fly again to the 626, but we have no confirmation on the price yet. Let's keep watching the 592 area, this is the most important line for us. Peharps, this drop is just a pullback before the next bullish leg. We'll see. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:TSLA
by UnknownUnicorn21312077
Moving according to the plan! What should we do now?As we expected, PLTR did a lateral movement today. We identified this thanks to the RSI divergence, but right now we have some hopes that PLTR will do something good next. We nailed the purple area, and right now it has a chance to hit it again. We have an advanced breakout on the RSI, and if PLTR breaks the 20.80 it'll confirm our bullish idea. The 4h chart shows how strong the purple area is, as it was a previous top at 22, and it is the 61.8% fibs retracement. If PLTR breaks this resistance, the 24 is the next stop for us. Let's watch the 20.80 in the 30min chart, as this will be our lead. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:PLTR
by UnknownUnicorn21312077
5
We must watch these points from now on!PLTR is having some rest now, and the BB are getting tight again. This is normal, as the RSI was showing PLTR was too overbought in the 30 min, but there's still a lot of room for it to go higher. We have been analyzing PLTR for some time now, and it has been doing some nice technical movements. The 4h chart has a nice RSI advanced breakout, indicating that PLTR has more fuel to burn in the next days. The 22 area is the target for it, and so far, it is going well. Also, although it is overbought in the 30 min, it is trading above the 20ma, and it is breaking the 20ma in the 4h chart too. The 22 is a target because it is one of the previous top, and the 61.8% fibs retracement. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:PLTRLong
by UnknownUnicorn21312077
2
The one thing PLTR must do to fly again...PLTR has yet to break the $ 20.30, the point we've been talking about lately, but the RSI has already a breakout. This is a classic Advanced Breakout, and this could make PLTR fly again. The stock was very oversold when we started talking about it, and now it is about to do some rally. The problem is that in the 30 min, we might see some retraction. Still, the 20.30 is the point we should be aware of, as it'll confirm all our theories about PLTR. The 22 is our target! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:PLTR
by UnknownUnicorn21312077