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TSLA, Dilemma of Previous wave is the key for future move !Recognizing Wave relationships is a key step in decision making and adjusting expectations from the market. TSLA, always shows some interesting aspect of wave relationships. Do we have a large degree completed wave cycle and inside a major correction which makes TSLA crash to unbelievable targets? Or we are experiencing a less amount of correction and will see new ATH before such a crash? Answering to those questions needs going back and see what has happened in previous correction which began at former ATH 900.40 USD . Before taking a closer look to that correction lets see what we have for TSLA in Weekly chart. Weekly chart which has been shown on lefts side suggest that TSLA's move from end of last correction dating back to 5 Mar 2021 or 19 May 2021 is onset of intermediate degree wave (5). If completed, this wave makes a primary degree wave 1 completed and calls for a major fall ! Is that a case? Is intermediate wave (5) and primary degree wave 1 completed? To answer this question wee need to take a closer look on daily chart and investigate previous correction and wave forms in more details. Daily chart on the right side suggest two possible scenarios : First and the best case one : Intermediate wave (4) correction has ended on 5th Mar 2021 at 539.49 USD. In this case 780.79 high on 14th Apr 2021 can be labeled as minor degree wave 1 (Terminal wave 1 which is not usual in Classic Elliott waves) , Low at 546.98 on 19th May 2021 can be labeled as wave 2 and ATH to be top of wave 3 . In this scenario , we are in minor degree wave 4 which showed flat correction so far ( which is well matched with SPX and NDX 100 flat correction scenarios, See related idea for NDX 100 ). For this scenario to be valid , we need a strong bounce back to new ATH from 770-813 Support zone . If happens, I can strongly recommend you to close your long positions at new ATH or go short since there will be a major crash just like what happened to ETSY , SQ , SHOP in stock market or SOLANA in Crypto ( See related ideas ). This scenario was pre-requisite of my publication titled " Elliott waves, Possibility VS Certainty ". Second and worst case scenario : Intermediate wave (4) correction has ended on 19th may 2021 at 546.98 USD with truncated wave C . A truncated wave C does not go below the low of wave A and this may be the case for TSLA's wave (4). If so, Intermediate wave (5) and primary degree wave 1 have already been completed and we are inside wave 3 of primary degree wave 2 which means TESLA may crash to strange prices !. To me, Both are valid with the best case one to be the most probable. If 770-813 support can not protect the stock I will think about second most probable scenario ( which is worst case) more seriously and seek for taking a SHORT position in appropriate time. For now I have my eyes on the mentioned support zone. This analysis shows clearly that decision making in stock market is never an easy task. Hope this to be useful for you. Good luck.
NASDAQ:TSLA
by SaeedSajedi
51
TSLA, Short term trade setupIt is not an easy task to make money from stock market these days . Lots of fluctuations, news and reports are every where ! Even large financial institutes currently have different views and ideas about market . This clearly show itself on indexes with three flat days ! There are some major risks such as inflation data and following rate hike by FED. Just add Russia Ukraine war threat to these all uncertainties to realize why market is so volatile these days. How can a trader manage her/his trade in such situations? Of course, we have to be open-minded, Stop being fanatic about our analysis or views and be ready for every possible scenarios. What I have shown on the chart is my trade setup for TSLA, This is not how I usually trade since it is very short term setup but It guarantees our risk management considering market conditions. I have published some ideas about TSLA and what I think about the stock in broader view.( Links are provided below ). What is shown here is what I actually trade these days. All information are provided on the chart . Summary is : I go long above 948 and go short below 880. Hope to be useful and wish you considerable profits.
NASDAQ:TSLA
by SaeedSajedi
1
$MRIN Target PTs 50-88 and higherMarin Software Announces TikTok Integration Marin Software now supports TikTok For Business on cross-channel ad optimization platform SAN FRANCISCO, Feb. 16, 2022 /PRNewswire/ -- Marin Software, a leading provider of digital marketing software for performance-driven advertisers and agencies, today announced the ability to optimize TikTok ad campaigns through its flagship MarinOne platform. The integration with TikTok's Ad Manager gives advertisers better insights and improves the performance of their TikTok campaigns through machine learning and automation. With 1 billion monthly active users globally, TikTok provides brands the opportunity to connect authentically with highly engaged and passionate consumers through the power of shared experience. The self-serve MarinOne platform unifies industry-leading optimization tools and AI bidding with flexible reporting to help advertisers maximize the reach and impact of their TikTok marketing investment. Marin has been helping advertisers advance their digital advertising campaigns for almost 15 years and has managed over $40 billion in advertising spend across paid search, social, e-commerce, display, and app advertising. "TikTok has transformed the way brands interact with audiences with engaging and interactive content and provides advertisers a full-funnel marketing experience from brand awareness to native in-feed engagement and even the opportunity to start cultural trends," said Chris Lien, Marin's Chairman and CEO. "We are excited to integrate our advanced reporting and automated bidding to help advertisers drive growth on this unique marketing channel." Advertisers can optimize their TikTok campaigns alongside other paid social campaigns as well as paid search, e-commerce, display, and app campaigns to help generate additional demand. Marketers can align their efforts across channels to ensure they are working seamlessly across the customer journey. Visit marinsoftware.com/feature/tiktok to learn more about the TikTok integration with MarinOne. About Marin Software Marin Software Incorporated's (NASDAQ: MRIN) mission is to give advertisers the power to drive higher efficiency and transparency in their paid marketing programs that run on the world's largest publishers. Marin Software offers a unified SaaS advertising management platform for search, social, and eCommerce advertising. The Company helps digital marketers convert precise audiences, improve financial performance, and make better decisions. Headquartered in San Francisco with offices worldwide, Marin Software's technology powers marketing campaigns around the globe. For more information about Marin Software, please visit www.marinsoftware.com.
NASDAQ:MRINLong
by BADQOMOCAWGOWLD
$WY ready to head higher after breaking a 9 month base?* Good earnings * Strong up trend * High 3-month relative strength of 2 in the Real Estate sector * U/D ratio of 1.16, meaning it's under accumulation * Trading with higher than average volume * Breaking out of a 9 month saucer with handle pattern with a base depth of ~29.39% and a handle depth of ~11% Trade Idea: * Now's a great time to enter this stock as it's just breaking out of its 9 month basing pattern * The price is still very close to the broken level giving you a nice risk to reward ratio * If you're looking for a better entry you may look for one around the $41.16 area
NYSE:WYLong
by HaseebKhan_90
FB META Levels for a Bounce Currently Sitting at the 0.618 FIB support for the moment but I can see more potential downside in the coming weeks/months. Most likely that will be complete around the .886 fib which has confluence with fixed range pull and the range before Covid 2020 selloff. Correcting back to those old ranges before the Covid Selloff 2020 makes sense after 180 % gains regardless of the event that gets us there its a healthy market correction and needed. If we hold where we are then i think its possible to range inside of the Unofficial red channel but eventually find our way down to the said levels .
NASDAQ:METALong
by SJTRADESFUTURES
$CHD ready to move higher after breaking out of ~17 month base?* Excellent earnings quarter over quarter * Very strong up trend on the monthly time frame * High relative strength of 2.75 in the Consumer Defensive sector * Pays out a quarterly dividend * Breaking out a ~17 month base * Both monthly and weekly candles show a large bullish hammer candle * The weekly chart used the base resistance of $97.53 as support and mad a very strong move higher on earnings today Trade Idea: * Now's a great time to enter as the price is just breaking back higher. * Held up very well during a massive correction. * If you're looking for a better entry you can look for opportunities near the $100.7 area as that should serve as a temporary support level.
NYSE:CHDLong
by HaseebKhan_90
I BOUGHT MORE QTUM (POTENTIAL 10X PLAY)Welcome back to our QTUM analysis Series In our first analysis, we pointed out buying zones for a potential bottom as shown in the chart below A month later we updated that idea after a few buyng zones were met Now in this analysis, we are analyzing afresh, with a different view. In our two previous analysis, we drew 2 trendlines that price continued to respect, as shown below Now resting the last trend support which was created when the overall impulse move was initiated, we can see that we are currently in a channel, one which has a target of at least $80-100 dollars depending on how soon we test resistance again, and aligns with our 5th wave top coming in at the 1.382-1.618 fib resistance eventually. Previous ideas are linked below. Added in another trendline running across the chart for a potential rejection and a take-profit zone. That way, we can have the growth of wave 5 and 1 almost equal or closely related if we don't get $80, even though it would still technically be shorter than wave 3 Should Bitcoin decide this isn't it's bottom and take another dive, we will most likely retest the $4 support before a move to the upside. If you agree with this, pls leave a like and your thoughts in the comments section. As always, feedback is appreciated.
Long
by RektMyMom
2
Quick SHORT and we're going up! With or without ELON 🐕🐕🚀🚀Hello, Thanks to ELON's recent tweet, the doggie grew by 11%. You can see how this cryptocurrency is still vulnerable to such posts. On the one hand, it shows very nicely that the last "street" is and will be cleared. In the DOGE chart, we broke through the purchasing zone and we tested the lines from the bottom. This means that we have an open path to the next line of resistance. For myself, I see a price of $ 0.09 per coin. However, after successful shopping, it may even jump up and down to rebound from the last support. It will be a very good foundation for ATH to break through. Comment and like, Greetings
BINANCE:DOGEUSDShort
by SayMoney
$MATX breaking out of a base on base pattern!* Great earnings * Very strong up trend on the monthly time frame * Very high 3-month relative strength of 2.73 in the Industrials - Marine Shipping sector * U/D Volume Ratio of 0.85 (above 1 is preferred) * Upper base depth of 19.06% * Currently trading with volume 184.01% above its 15 day average * During the formation of the upper base it also created a cup and handle pattern * And is now breaking out with tonnes of volume. Warning: * Given the current market conditions, it's considered better to sit in cash and wait for the general conditions to stabilize. Trade Idea: * Now's a great time to enter since the price is really close to the broken level. * If you're looking for a better entry, you can look for an entry opportunity near the $91.49 area. * Consider keeping a tight stop since the general market conditions are unfavorable and also consider booking profits early for the same reason.
NYSE:MATXLong
by HaseebKhan_90
$CHRW ready to move higher after breaking its ~17 month base?* Great earnings in the recent quarters * Strong up trend * High 3-month relative strength of 3.82 in the Industrial sector * Has a U/D Volume Ratio of 0.94 (ideal would have been > 1) * Pays out a generous dividend * Breaking out of its ~17 month base * Due to the recent volatility it had a slight pullback after its previous breakout * Has been holding up really well over the past week when the general market was selling off like crazy. This is showing relative strength and institutional demand. * Used the broken level as support and pushed higher from there Trade Idea: * It is not advised to trade breakouts in the current market conditions. * If you want to enter with a small position, now would be a great time to enter as the price is just breaking out once again. * If you're looking for a better entry you can look for a buying opportunity around the $105.7 area as that should continue serving as support moving forward.
NASDAQ:CHRWLong
by HaseebKhan_90
THE LAST STOP BEFORE BEARS MARKET! 🧐🏁🏁 CAUTION CANDLEWICK!Hello everyone, Today I present you the last shopping zone, which will be a great opportunity to load your wallets. The zone is between $ 32k and $ 28k. Possible presence of quick candlewicks. Of course, they will delete the remains of people from the street who bet with a large lever without thinking about the risk associated with it. After the situation has calmed down, I predict increases for new ATH. However, if the day candle closes below the buying line (FIB 0.618), entering LONG's will be a bad idea. We will then start a potential BEAR MARKET. I compared the declines to the time the news came out that a "pandemic" had started. Then we could observe declines on the crypto and traditional markets (in this case I was following the NASDAQ INDEX). Looking at the chart, I can see that today's movements are similar to those of March 12, 2020. Comment and like, Greetings!
COINBASE:BTCUSDShort
by SayMoney
BTC, We were aware of Possible massive decline on 20 Oct 2021We considered a possible massive decline scenario for Bitcoin just after it recorded a new ATH ! : At that time , Few people could even imagine such a decline . There are some alternative scenarios for BTC now e.g completion of a large degree wave cycle with ATH to be the top of wave 5 ( See related idea for details) however, most of them suggest same buy zone . Interesting !. Please note suggested wave count on this chart is slightly different comparing to may last publication on BITCOINe and considerably differs from what I published on 20 Oct 2021 ! I showed these differences deliberately to depict how they converge to same numbers and hence same buy zone! What is important is to recognize every possible scenario in advance and keep all of them in mind when trading ! Time proves the value of an analysis. Good Luck everyone !
COINBASE:BTCUSD
by SaeedSajedi
8
$BERY breaking out of its ~8 month base!* Excellent earnings quarter over quarter * Strong up trend in the long term * Incredibly high 3-month relative strength of 20.49 in the Consumer Cyclical sector * Breaking out of a ~8 month base with higher than average volume * Base depth is ~21.5% hence the max probable ROI for this trade would be ~21.5% if the trade goes in our favor * Recently broke above its all-time-highs indicated by the red line at $60.77 and retested it as support Trade idea: * The price is just breaking out of its base for the second time. * Earnings coming up and can be expected to give a positive surprise. NOTE: * Given the current market conditions, it is suggested that we sit in cash. * But, if you are willing to still jump in, now would be a great time as the price is just breaking out. * If you are looking for a better entry, you can look for an entry around the $70.90 area. * If you have access to volume profiles you can see that the $70.9 area did get quite a bit of volume. * So, if this does break back below $72.95 we can expect the $70.9 area to hold as support while the general market corrects.
NYSE:BERYLong
by HaseebKhan_90
1