Mobileye - LET ME BLOW YOUR MIND!MOBILEYE - NASDAQ:MBLY 🚘 BUCKLE UP!
If you have been following me long enough you know that the majority of my charts and analysis are longer term and on a weekly chart but don't get it twisted, I'm not a one trick pony friend! I have High Five Trading strategies for Day, Swing, and Long Trading. 😘
Daily Chart Analysis (H5_S):
I'm sure you already see it on the screen below! I just realized it today and my mind is blown so yours should be to! The most successful chart pattern has just popped up on my highest conviction trade/ investment! A beautiful Cup&Handle Pattern setting up for a major breakout and Short Seller Face RIPPER!
-CupnHandle Pattern - Breakout point $19.30
-H5 Indicator is about to flip to GREEN on the Swing Indicator
-You can see it's about to flip GREEN through the individual indicators that tie into the strategy. Bullish price action, Bullish Engulfing Candlestick, RSI Upward cross, Trend (Stoch) Bullish Uptrend into the sweet spot, Lagging MACD Indicator is still above zero line and about to cross to the upside and the final BULLISH piece of the puzzle.
-Williams R% Strong Divergence and Higher Lows
-Anchored Volume Profile Shelf with massive GAP
-Weekly chart analysis and measure moves haven't been realized yet either and the weekly chart is still very BULLISH.
All this to say when you have a bullish weekly chart (longer term) and a flip into a bullish Daily Chart the Upward moves are FAST and catch everyone off guard...but not us friends!
So I'll make it easy for you:
✅Fundamentally Undervalued (Fair Value $30+)
✅Top 3 in a multi-trillion dollar TAM in AV Sector
✅Headwinds turning into Tailwinds
✅H5 Weekly Chart Bullish
✅H5 Daily Chart Bullish
✅22%+ Short Float (80% of shares locked up)
✅Measured moves not realized
✅Every respectable Chartist is BULLISH
PREDICTIONS:
🔜🎯$20+ BEFORE EOY
🎯$28+ BEFORE MAY
BOOK 👏 MARK 👏 IT 👏
Cupnhandlepattern
BEZOS AND EX-BEZOS ARE GIVING YOU A EARLY GIFT ON AMAZON!BEZOS AND EX-BEZOS ARE GIVING YOU A EARLY GIFT ON AMAZON! NASDAQ:AMZN
- HIGHFIVESETUP still intact
- Creating Support on Wr%
- Retesting Ascending triangle and CupnHandle breakout
- Measure move on both is to $300+
- Cheap on a DFCF model
Have you been buying more Amazon?
NFA
SALESFORCE $CRM - 5/17 - THE STOCK GAUNTLET CONTINUES! ⚔️🛡️ THE STOCK GAUNTLET CONTINUES! ⚔️🛡️
STOCK/ TRADE SETUP UPDATE: 5/17
5⃣ NYSE:CRM - SALESFORCE
Video Analysis:
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NFA #tradingstrategy #HIGHFIVESETUP
NYSE:CRM
Bitcoin weekly chart. A hint at how its price may head very soon
My understanding is that BTCUSD has already broken the breakout top-line of the weekly cup, it was a price at about 73,750. I could be wrong, but approximately correct. This means BTCUSD has broken out already.
This weekly chart of bitcoin contains the famous weekly head n shoulders pattern that first started forming back in 2021 or was it 2022? Either year is long enough.
In the chart you will also see a rising wedge on this weekly chart. Well bitcoin is climbing to the top right now and does not have far to go. USD might be very strong today so it may not be the session for Bitcoin, but Bitcoin is so resilient to the USD that anything is possible and BTCUSD moves fast when it wants.
Price will bounce out of the top of wedge and become independent to formations, before it makes a short retrace and then heads over the critical area which is the Cup top-lining. This will probably happen very quickly but there should be a retest of the breakout zone.
Also, you want to view the price action on a very low time frame, like 1m to 5m. There will probably be a bullish rising wedge that price also moves in before separating and breaking out.
Good luck.
$QQQ: The election is over, here is where the markets are going NASDAQ:QQQ NASDAQ:NDX
The charts say we are in a FULL on BULL RUN!
Cup n Handle Measure Move hasn't hit yet at $560, the measure time is out until Feb2026.
Ascending Triangle Breakout is happening now with a measure move to $580 by March2025.
Also, a #HIGHFIVESETUP and why I pointed out that we would bounce on Halloween and hit ATH's this week.
Like and Follow for more setups, we are just getting started.
NFA
#trading
$HIMS : YOU DON'T OWN ENOUGH OF THIS NAME HEADING INTO EARNINGS!NYSE:HIMS WHY YOU SHOULD BUY BEFORE EARNINGS.
In this video, we talk about:
1.) Why the stock is crashing
2.) Why everything on the Technicals/ Fundamentals point to a STRONG BUY.
3.) My earnings prediction & fair value
Thanks for watching! I know it was a longer video, but I always want to be thorough.
Comment below if you like this type of content or if your not a fan of videos and rather have posts.
NASDAQ:SOFI REPEAT INBOUND!
NFA
#BuyingOpportunity #BuyTheDip
LCRX RETURNS TO THE SEEN OF THE CRIMENASDAQ:LRCX returning to the seen of the CRIME! ☕️
LCRX is retesting the Cup N Handle BREAKOUT FROM 2023! 🤯
LRCX has already tested and bounced off of its Cup n Handle breakout from 2023 twice and is forming the right shoulder of a shorter-term inverse H&S pattern!
Will it bounce again?! Drop a comment below.
The risk/reward ratio on this one is crazy good, IMO! It's going to take something drastic for that CupnHandle breakout support to bust!
My Short Term PT for this chart is: 🎯$80
My Long Term PT for this chart is: 🎯$107
Not financial advice! 🖖
IDEA:CUP AND HANDLE FORMATIONThe NSE:IDEA is currently forming a classic Cup and Handle pattern. This bullish continuation pattern suggests a potential upward movement once the pattern completes and breaks out. Here's a detailed breakdown of the pattern and the trading strategy:
1. Cup Formation:
The stock has undergone a rounded bottom, creating the "cup" part of the pattern.
The left side of the cup was formed due to a decline in price, reaching a bottom before rising back up to the original level.
This cup formation indicates a period of consolidation and accumulation, where buyers are gradually gaining control.
2. Handle Formation:
Following the completion of the cup, the stock entered a small consolidation phase, forming the "handle."
The handle typically slopes downward or moves sideways, showing a slight pullback.
This pullback is generally short-term and should not exceed more than one-third of the cup's depth.
3. Breakout Point:
The ideal entry point for traders is the breakout above the handle's resistance level.
Traders should look for a significant increase in volume during the breakout to confirm the move.
Target:
The target price can be determined by measuring the depth of the cup and adding it to the breakout point.
Target Price Calculation:
Target Price: 25
Stop Loss:
Place the stop loss below the lowest point of the handle to protect against a false breakout.
Stop Loss Price: 15.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a financial advisor before making any trading decisions.
Mohit Industries - A buy on Dip candidateHello everyone ,
I am here with a new power pack stock with a cup n handle chart pattern breakout named MOHIT INDUSTRIES (NSE).
technical view
The stock has given a good Breakout in weekly as well as in monthly Time Frame with good intensity of volume.
the stock have sky touch as the breakout is followed by an Extreme Bullish Chart Pattern i.e Cup N Handle.
CUP N HANDLE EXPLAINATION
Cup N Handle is a chart pattern which is mostly used for bullish road map of the stock.
How it is formed - generally the stock have a huge fall from its high and the stock floats is a range for many years say 4 to 6 years or more, it forms a cup like structure and after that the stock explodes as there is an assumption that there might be the accumulation in the past 4 to 6 years when the cup was forming.
Targets as per Cup N Handle -- The targets usually comes three times the target of cup.
Elliot Wave View-
- the stock is looking in its impulse wave (1-2-3-4-5)
- In that impulse it might have entered the bigger wave 3rd
- the minimum target as per wave 3rd is 1.618 of trendbased fib which is around 48 rs.
- but as per cup n handle it can be extended and might give targets of 72 and 95 as well.
conclusion
the stock looks in its bullish phase, the stock can b lookout for upside mentioned targets with mentioned stop loss on chart itself. one can add at every dip also till stock is above Stop Loss line.
Disclaimer
I am not SEBI registered. consult your financial advisor before any kind of investment. All the studies and ideas posted here are for educational purpose.
PVRPVR made cup n handle pattern on hourly/daily charts & broke out of it with very good volumes.
Could be bought with mentioned stoploss & targets.
DALBHARATDalbharat is on the way to complete cup n handle pattern on daily charts, its not confirmed yet but i presume it ll so you dont have lose points till breakout.
Risk-Reward is very much favourable to bulls.
Could be bought with mentioned stoploss & targets in a month time. So buy in delivery & hold for good returns.