APPLE BACK TO 182 SOLID POSITION Long Position:
Key Points:
Strong Fundamentals: Apple has a history of solid financial performance, driven by its diverse product ecosystem, including iPhones, iPads, Macs, wearables, and services. The company's consistent revenue and earnings growth make it an attractive option for long-term investors.
Services Segment Growth: Apple's services segment, including the App Store, Apple Music, and Apple TV+, has been a significant contributor to revenue. Continued expansion and growth in the services sector can provide a more stable revenue stream for the company.
Innovation and Product Pipeline: Apple's commitment to innovation, evidenced by new product releases and technological advancements, keeps the brand at the forefront of consumer technology. Anticipated releases and advancements in products like the iPhone and wearables can drive excitement and demand.
Share Buybacks and Dividends: Apple has a history of returning value to shareholders through share buybacks and dividends. Share repurchases can contribute to stock price appreciation, and dividends provide income to investors.
ELON-MUSK
DOGE.USD (Full Analysis Long-Term)Hello Friends 🙌🙌
How are you today?
I hope you feel great and always be happy.
Today I want to talk about DOGECOIN.
first, let me tell you something clear.
It's NOT financial advice.it's just a vision that belongs to me.
I try to give you a vision of the chart and the activity of the market makers and at the end of the analysis, I will tell you the best points to buy dogecoin for the long term. that's all.
Please read this analysis carefully.
I used the Fibonacci channel. it's the best tool to explain easily for those who know nothing about technical analysis.
Everything is OK? so, let's go into details.
I removed all the levels except 0, 0.5, 1, 1.5, etc.
0 is the bottom of this channel.
0.5 is the midline. and 1 is the top of the first channel.
1.5 is the midline of the second channel. and 2 is the top of this channel. and so on.
I changed this chart from candle stick to line chart to remove all the noises.
As you know to draw a channel by Fibonacci channel, we need two points at the bottom and one top.
I chose two green circles as the two points at the bottom. and also a red circle as the main point at the top.
After that, I extended this channel until the 6th channel.
you see a blue circle that collided with the price. now you can change the line chart to candle-stick
sound interesting.
Now, you can see all the reactions.
it means that this Fibonacci channel is valid.
As a result, expect to drop more.
because all the indexes such as SPx, Nasdaq, and Bitcoin need to drop more.
according to the above, I expect that dogecoin will drop more.
But where are the main support zones? 🤔🤔
the answer is I drew two red zones as the main support zones. if the price loses 0.055, the first support zone is around 0.04 USD and the next one is around 0.03 USD.
LET ME SAY YOU HONESTY. I want to put 50% of my order in the first support zone around 0.04 USD and the next 50% at 0.03 because if you draw a trend line from March 2020 to October 2020, you see 0.03 USD on a very important trendline.so, it's the best point to buy and hold dogecoin for the long-term.
is everything clear?
what do you think?
Do you agree with me?
do you think dogecoin keeps dropping more?
Please don't hesitate to write your comments below.
I'm so eager to read your comments.
And don't forget to like 👍👍, share 🔃🔃 this analysis with your friends, and write your comments below ✍️✍️
❤️❤️ Wish you health and wealth, my friends ❤️❤️
Best Regards 🙏🙏
Ho3ein.mnD
MyMI Option Plays - TSLA CallsWe've been watching TSLA for the past few weeks waiting for confirmation of not only the compression zone breakout, but also support being found above that compression + above the $197 Price Levels.
We were able to acquire our Calls around the $199 pullback right before it confirmed support above $197 with the expectation to sell out if TSLA loss that same support and fell back below those levels risking going back to the longer downward trend that it's been trading in since the second pullback from it's most recent breakout.
We have a 2nd Level downtrend to breakthrough but even going from $199 to $220 on a longer-term call option play but we first have to break above $206.93.
If we see resistance there, we will consider closing to conserve the funds for another opportunity.
Follow for more! Check out our signature for links to stay connected!
🔥 DOGE Regaining Strength After Twitter Icon UpdateIn my last DOGE analysis I talked about the fact that Elon Musk updated the Twitter logo to the Doge icon, which naturally has led to a big move upwards. However, like often has happened, DOGE dumped right after the bullish news. Still, my first target got hit fairly quickly, so congratulations if you took the trade.
Inititally, I thought that DOGE would go down further. But, as seen on the chart, the bottom support held and caused a decent bounce.
Furthermore, Twitter has recently started a partnership with eToro to integrate trading into the platform, which is bullish in itself.
If Elon wishes to pump his Doge bags further he could integrate Doge as a way to pay fees (like BNB for Binance), for example. Decent probability that Doge will be further integrated into Twitter, which would obviously be bullish for the token.
Keep an eye on Doge!
🔥 DOGE Pumps On Twitter Logo UpdateWe all know that DOGE has a special place in Elon's heart. In his newest endeavor to influence the token's price (and pump his bags?), Musk has updated the Twitter logo to the DOGE logo.
Wouldn't be surprised if some kind of DOGE payment system will be integrated into Twitter in the near future.
Nevertheless, DOGE has broken out through a long-term bearish resistance. My near term targets are in blue.
Tesla’s price has doubled in six weeks, where to from here?Back in October, we made an outlandish call for Tesla to more than halve and fall from $220 down to $100. Four months later, we are both delighted and somewhat saddened to see it came to fruition almost perfectly (although technically it only fell to $101.81, leaving out bear call out of pocket by $1.81 per share). It was nothing personal against the company or Elon, but we simply looked at the data and hypothesised an idea based it. So where is Tesla to go from here?
Incidentally, the stock is almost right back where it was in October and trades at $202.35, having more than doubled and rallied 113.8% in just six weeks.
Tesla (TSLA) weekly chart :
We can see on the weekly chart that the rally from $100 has been string and in a relatively straight line, and volumes rose to a two-year high to show fresh buyers entered the market and bears closed out. However, we’re approaching the broken neckline which could potentially prompt a pullback (or a consolidation), but the strong volume and price action suggests it could eventually break above it.
And whilst a bearish hammer formed two weeks ago, it was followed by a bullish engulfing week with higher volume to show demand at these highs. Therefore, a break below 187.61 assumes a pullback, but bulls may be interested in loading above this key level for a move to the neckline around $225.
Tesla (TSLA) daily chart:
The daily chart shows a small pullback within the range of a bullish engulfing candle at the highs. A small bullish hammer formed yesterday for a potential higher low above last week’s low, and the daily engulfing candle. After-hours trade also see it trade slightly higher. Also note that the 20 and 100-day EMA’s sit perfectly on last week’s low, making $187.61 an important support level for bulls to defend. RSI (14) remain positive above 50, so we’re looking for another burst higher on the daily chart.
• The bias on the daily chart is bullish above $187.60
• We anticipated a move towards the $220 - $225 area (along the neckline, depending on how quickly it gets there), where we may then see a pullback from the broken neckline
• Keep in mind the November high around $237.4 which could also cap gains over the near-term
• A break below $187.60 assumes a deeper correction, where we’d then look for evidence of a swing low around a Fibonacci number or the ‘gap support’ zone’ (at which point reconsider longs, in line with weekly volume and momentum)
FLOKII think this one in the long term might actually be able to do something for a percentile gain..
Think of Shibu but with more hype.
Kimbel Musk is on board with this project, Elon's brother. It's connected to gaming.
I have a small bag of this one.
Beware, this one will get clubbed when BTC continues to sell off once again, I'll mainly be interested in the fact if it can hold this basing stage below in the dark highlighted black lines.
Who Let The DOGE Out!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
After rejecting the 0.07 support and breaking above the last high in gray, DOGE has been overall bullish trading inside the red rising broadening wedge pattern.
DOGE is currently sitting around the lower red trendline acting as a non-horizontal support.
If we break above the last minor high in red, we will be expect a trend continuation .
Then, we will need to break above the last major high in orange for the bulls to take full control again and push higher till around 0.11 resistance.
Meanwhile, until the buy is activated, DOGE can still trade lower, especially if we break below the red trendline. In this case, we will be looking for new buy setups as we approach the support zone again.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Tesla - What's next?Tesla has been rejected off of the clear resistance trendline in red. This means it likely needs additional consolidation before breaking through; opening up a retrace lower to the next support.
A gap fill play around $113 may be a good accumulation zone pending the relative market strength in the SPY/QQQ.
The negative side for TSLA action today was the fact that the stock was up most in the premarket over 3% and ended up reversing down -2%.
Tesla Drive Down Stronger Than COVID Crash Levels From 2020 Summary:
Taking a look at Tesla compared to the COVID crash we saw in 2020. We are currently pushing harder down than during the previous crash.
Rainbow Trends Signals:
Machine Learning Reversion Bands - Approximate Same Level
RSI Xs - Much hotter now than in 2020. Pink Xs are the highest level this tool prints.
Pivots - No pivot in sight for 2022 compared 2020, support will be harder to find.
Let us know if you have any questions!
TESLA will go sub $50Intelligent investors are fleeing from the failed ideas of Tesla. As the works realises that environmentally damaging Lithium batteries are not a workable solution to our transport needs.
A string of out of control AI nightmare scenarios including Tesla cars that accelerated out of control hasn’t helped.
Rumours of Elon Musk developing a water splitting ‘Stanley Meyer’ type car appear to be false as Elon has often stated he thinks Edison was a better scientists than Tesla, he flaunts his scientific ignorance for all to see.
Recent speculation that Elon is, in fact, a low iq ‘fop’ spear to have been confirmed, even as he continues to promote a joke ‘dog’ coin crypto over the world’s most popular and successful cryptocurrency, Bitcoin - only cementing the publics opinion of him as a low iq ‘fop’.
Can Mr Musk climb out of the hole he has created?
Probably not.
TESLA - The Storm Won't Last Forever🌈Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
📉 TESLA has been overall bearish trading inside the falling red channel, and it is currently retesting the lower red trendline.
Moreover, the zone 55 - 70 is a strong demand zone.
📊 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green demand zone and lower red trendline. (acting as non-horizontal support)
📕 As per my trading style:
As TESLA approaches the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
The Secret Behind TSLA's 8% Jump on 11/23 - just getting startedI noticed the stars aligning on TSLA, and now much that has happened since Elon took over Twitter is starting to make sense.
1) Elon mentioned back in October it was likely TSLA would do a $5-10B buyback
2) Biden's inflation reduction act creates a 1% excise tax on all Stock Buybacks starting 1/1/23. At a $10B buyback, this represents a $100,000,000 unnecessary liability to the company - meaning Tesla is either going to do a buyback before end of year...or never. A $10B leaves the company in a very strong position w/ a Debt Ratio of .27. The benchmark for a strong company is .4 - meaning Tesla could easily buy back anywhere between $10B or as much as $13.5B of stock and stay in a strong position.
3) TSLA's super hyped and long anticipated Semi 1st delivery event is slated for 12/1. These events have typically sent TSLA shares soaring (even the cybertruck debacle)
4) The chart below shows abnormal relative volume by time period. I recognized a similar pattern when Elon was SELLING shares to finance Twitter earlier this month. Tesla's board isn't dumb and w/ Elon as CEO knew this would depress the price and create a buyback opportunity.
5) Tesla is presently flush with cash ($21B) and has easily manageable debt ($3B). A $10B buyback at $170-180/share would equate to 56M shares. Tesla's 3M average daily volume: 74.7M - volume today: 108.2 (45% ABOVE avg volume) - 33.5M excess shares. This likely indicates TSLA bought back around 25-28M shares.
6) TSLA is well in the green this year - yet the don't issue dividends. I'm not 100% certain on this point, but I believe a company purchasing it's own stock can offset profits and reduce it's tax liability. Tesla doesn't issue dividends, so there's no reason to hold the cash reserves to incur the 21% corporate tax rate. Add to this the fact that the stock got crushed the last 2 months - falling from $308 to $168 (45%), and every Tesla share holder is very eager to stop the bleeding. What to do...what to do???
7) Elon's tweets have been a hotbed for moving TSLA, DOGE, and TWTR shares in the past. Since the Twitter takeover, Elon has been mostly mum aside from some very vanilla posts about TSLA - nothing that would dramatically impact the price.
8) Short volume, while not excessive, will add some fuel to the fire as they cover positions.
Tesla will rebound in dramatic fashion the next few weeks as will the broader market. Corporations saw record profits in Q2 of this year, and if my assumptions on buybacks reducing a corporations tax liabilities are correct - the entire market will likely see a very merry santa rally. Even if a corporation is forced to pay tax on stock buy backs that is similar to corporate tax of 21%, delaying beyond 12/31/21 makes zero financial sense for companies in a strong financial position like Tesla.
My very bold prediction: Tesla finishes 2022 in dramatic fashion over $250/share. Closer to $300/share isn't out of the question.