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MSFT: my ride (long entry) is almost here!Been waiting for this scenario to unfold for couple of weeks now. here's an updated view from my prior MSFT post (linked below) - i'm sorry if it looks too complex with all the on-chart analysis this time, we're zooming in to the 4hr chart as i was curious to compare this move to the prior one, and they seem very similar MSFT dipped below $322 in pre-market today already and it seems we're in for another down day - so the time is almost here for our long entry - still prefer a breakeven entry below $320. $315 is still the magic number. so bottom fishing season open :) - looking for a 15% upside to a target ~$370 somtime in Q1 Here's how my other chart setup looks like - using the 1D view. what we're looking for is a dip below the 50SMA, which the xMACD shows it may be possible within the next 1-5 days. Disclaimer: as usual, this is only my expectations - not a trade recommendation
NASDAQ:MSFTLong
by RedKTrader
11
AAPL: Do we get our next entry @ $150?Quick chart reading for AAPL, and our possible entry below $150 - $155 is our ideal "buy the dip" level - as shows on the chart - and a repeat of the previous cycle of a 10% upside. was a good trade. the curious thing, this is very similar to the scenario expected from MSFT, that i just posted - also an around ~10% drop from the high - and a similar ascending channel. Interesting how these big players share similar dynamics. the main difference with the AAPL setup, is that the demand is still high (V.Viewer at the bottom panel) - so retail trading is still finding opportunities to buy into the current long wave - it's understood that some find AAPL more exciting with more hype around it based on latest news relative to the "good old boring" MSFT but AAPL chart is giving signs of weakening - big run up days that fail to reach previous highs - and couple of shooting stars - so we can expect AAPL may continue to drag along the top channel levels for a while before the actual decline - both scenarios marked on the chart we can be selling cash-secured Puts instead of a straight limit entry long at our expected support levels. ideally we want to be in long before the holiday season or the next earnings in Jan. this is not a prediction nor a trade recommendation - just few thoughts and a possible scenario out of many - no one can predict the future - please DYOR before trading. -- good luck!
NASDAQ:AAPLLong
by RedKTrader
7
MSFT: an average entry of $315 would be awesome MSFT quick chart reading and a possible scneario that can provide a nice long entry at around 10% discount from the highs. We're setting up for a repeat of that zigzag trade on MSFT on the ascending channel - if the expected scenario unfolds - bottom fishing season is on :) - need patience. we look at entery between $322 and $310 .. or we can scale in with an average entry price of ~$315 - somewhere within the next 2-3 weeks - target entry zone marked on the chart for simplicity the BSI and v.viewer in the lower panels both support that setup - this is only one of many possible scenarios - not a trade recommendation. we also need to see confirmation of reversal when we reach that bottom level. please trade carefully and DYOR.
NASDAQ:MSFTLong
by RedKTrader
3
Will we see this in December ? NASDAQ Chart Reading Dec just a quick chart reading here - as we see from the last few bars, the market seems to be looking for a reason to slow down and consolidate - back to the 100SMA (dark blue line on the price chart) we have seen this scenario before - in the previous reading (linked below), the market respected both the channel and the 100SMA and reversed from there - after we had to take some pain. the red rectangle represents possible reversal zone and would be around wk3/wk4 December - if not earlier - and somewhere between 15,500 to 15,700 - we see that it is a strong confluence area, potential support level meets with 100SMA and the lower border of the channel. Many traders will be watching that zone for a reaction lower indicators already showing weakness coming in - they support a scenario of a wave down. let's see if this will be the scenario to unfold, or are we in for other surprises.
CME_MINI:NQ1!
by RedKTrader
2
MSFT: 6-month possible viewThis is a quick chart reading for MSFT that shows a possible scenario for calendar Q1 2022 using the weekly chart - The key assumption here is that MSFT will continue to maintain the same ascending channel that's in place for the last 3-4 years (excluding the COVID effect between Feb-April 2020) - there are 3 price levels to note: $330, $345 and $375 -- Target zone is marked in blue -- breakout to watch for is going above $305-310 - we're just out of the buy zone. some traders will argue that it's still OK to buy at the current levels - timing can be different and we also have dependency on the broader market, which acts more like "prevailing winds" - we have seen a lot of volatility recently and that is expected to keep impacting the individual stocks. the only issue i have against this scenario is that the momentum is way too high (per the xMACD) - and it makes us wonder if it's sustainable, or will there be a correction first then a continuation. if we play this scenario, we need to be very careful about the associated risks. remember no one can predict the future.. and this is not a trade recommendation. Your view may be completely different and that's totally fine.
NASDAQ:MSFTLong
by RedKTrader
AAPL: Can the next move give us $32 ?A fellow trader alerted me that my previous AAPL chart reading is too unreadable :) - so here's a fresh, cleaner chart reading showing only the price chart - no complex indicators - using the weekly view and marking what i will be closely watching in the next 3 months - and possibly a trading scenario (long) - this scenario is still inline with the previous one .. linked below. - Disclaimer: This is only one of many possible scenarios - no trader (or indicator) can predict the future - Please do not consider this as a trade recommendation and do your own research before risking your capital main assumptions: - AAPL will maintain the (longer-term) up-trending channel established almost a year ago - Quarterly earnings (in Oct and Jan) show favorable results (regardless of market reaction) - mainly fueled by iPhone13 & other new products - Holiday Season sales - Expect sideways price movement above support - the next 2-4 weeks - so the timeline may vary Estimated entry and exit zones are as marked on the chart Possible breakdown if $134-135 level is breached to the downside Possible breakout if $154-155 level is breached to the upside Average entry / BE around $138 Average Exit / TP ~$170 Target is $32 (P&L around 23%) overall time ~ 3-4 months (Oct to Jan/Feb 22)
NASDAQ:AAPLLong
by RedKTrader
4
AAPL: Quick Chart Reading & a possible setupOur previous chart reading for AAPL was a good one - we hit the buy zone, 2 projected target price levels, and sold on target. when this happens with a chart reading and a trading plan, it's awesome !! although the over-bought condition extended and tried people (buyers) patience (and FOMO) i'll link the previous chart reading below for review if needed if AAPL continues to honor the current price channel structure, then there's possibly another easy setup to exploit - it just needs patience. We see AAPL is moving toward the new buy zone .. the ideal level for me is around the $138 - with indicator value supporting that scenario (Supply is high, sentiment and short term momentum both in the red) - and if the channel holds, and the price swings up at the lower channel - maybe sideways a little bit there first - then we can target around a 15% upside to the $157 - $160 range please note that while this is my trading plan - it's just one of many scenarios that may unfold - your view may be different (and that's normal) but please do not take this as a trading advice and DYOD / research before you trade. no one can tell the future or predict price moves
NASDAQ:AAPLLong
by RedKTrader
1
NKLA: Chart Reading June 2* this is a pure chart reading (analysis) for NKLA and expected scenarios based on price and volume action and what the indicators tell us - has nothing to do with the fundamentals or how the business itself is doing. Daily Chart: - NKLA has accelerated in the past few days with (couple of days showing) large % moves supported by big volume (almost 2x daily avg) - NKLA has been moving within a steady channel for the past few months - in this channel, this will be the 6th attempt to break the upper channel line - indicators showing a move to the bullish side for momentum, sentiment and net volume - but that has already happened in all the prior breakout attempts - doesn't really mean a big deal Price Projections: - measured move (based on price structure) target #1 was $16 - which was hit last week. we see how the action hesitated once that target was hit - The next measured move goes up to ~ $21.6 -- that's 22% from where we closed today (Wed June 2nd) - that's our scenario #1 - is this target too far: given the recent big moves, and how NKLA accelerated towards the $16, it can take only 2 "big days" to get to that next target --- *BUT* if we look at the prior breakout attempts, that move may fail - it really depends on how the bulls act at this level, and if more buyers continue to come in more that those who are shorting or cashing out .. so scenario #2 is that NKLA goes back into the channel the good news in both scenarios, is that some action is happening - it seems many traders got stuck with NKLA and were considering it a "loser" weekly chart: - the weekly shows that the "weakness is fading" - rather than "strength is increasing" - so we're not really in bull territory yet -- may get there if the strength continues for couple more weeks - the weekly chart does a better job in showing the priori breakout attempts Active positions in NKLA will need to be watched very closely and managed carefully.. this is a very volatile landscape. good luck!
NASDAQ:NKLA
by RedKTrader
1
I am curious if the price falls more... I am curious if the price falls more... What will happen to Bollinger Band if the price falls more? What is this orange line? What will happen to Macd if the price falls more? Thank you for reading! Greenfield Disclosure: I am not a financial advisor. This is not a recommendation, not a representation, and not a solicitation. You should do your research and come to your own decision. Investment involves significant risks. You need to understand that you may lose your money. Past performance is not an indication of future performance. Chart reading is subjective information.
NYSE:NIO
by GreenfieldAnalysis
5
ETH.USDT (CHART BASISCS).For the newbiesHi, In my experience, the people who are new to crypto trading and charts should learn what the fundamentals are to charts and its elements. Otherwise your guessing and risking a lot, trust me, learn at least these I have listed and in the right order. This will at least help you avoid big mistakes or have an educated idea on what's going on. So the following (9) elements which are necessary for you to understand the charts, in order to be a competent trader. 1 to 6 are easy concepts to understand and vital. 7 to 9 take time to learn them and to combine them with 1-6 elements. By combining all these elements on a chart, you will be able to read the story the chart gives. These are: 1) Candle sticks 2) Support and resistance lines 3) Trend lines 4) Fibonacci levels 5) Moving averages 6) Divergences and convergences 7) Patterns and formations 8) Indicators 9) Trading styles , trend trading, swing trading, cradle trading, etc. Note: There are levels to each element. For instance, candle sticks have time frames and also candle stick combinations. All the best, S.SAri PS. I am running fee based tutorials\lessons. If you are interested, contact me direct.
Long
by ssari
BLUE Technical Analysis 🧙Bluebird bio Inc is a clinical-stage biotechnology company that develops gene therapies for severe genetic and rare diseases. The company's gene therapy procedures aim to genetically modify a patient's cells to fundamentally correct or address the genetic basis underlying a disease. Bluebird's revenue is derived from collaboration arrangements, research fees, license fees, and grant revenue. The company works with industry peers, strategic partners, and nonprofit organizations for the development and commercialization of its product candidates. If you understand the idea,🎯 press a thumb up! 👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
NASDAQ:BLUELong
by unfair_advantage
13
FMS Technical Analysis 🧙Fresenius Medical Care is the largest dialysis company in the world, treating about 345,000 patients in roughly 4,000 clinics across the globe as of December 2019. In addition to providing dialysis services, the firm is a leading supplier of dialysis products, including machines, dialyzers, and concentrates. Fresenius accounts for about 35% of the global dialysis products market and benefits from being the world's only fully integrated dialysis business. Services account for roughly If you understand the idea,🎯 press a thumb up! 👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
NYSE:FMSLong
by unfair_advantage
Facebook, about to blow?Today we examine Facebook. Long time uptrend is our extended lower(green) line. Over the past few months shorts have had their way bringing it down. The purple line is a different color because it seems to be the area price action reacts to, and it creates this nice little ascending triangle(bullish) if we examine the shape. Lets note 2 dates and ill explain why. Oct. 29th Nov. 4th We see volume spikes on these days as price action crosses over the purple line both of these dates. We crossed back over the purple line this week with conviction (imo.) We see price action in a broader symmetrical triangle of sorts with the (green) resistance lines. Looking up institutional ownership we dont see much out flow with some decent inflow. Price action seems to be tightening up, selling volume decreasing, buying volume increasing If Facebook can clear this whole pattern, we can see new highs Personal end of year price target: $300 Good luck all, Happy trading!! Come join us for more charts like this, live stock alerts and news: kick-assets.com/join/
NASDAQ:METALong
by king806
2