Nvidia Fib WedgeNASDAQ:NVDA
This chart looks so good like wow. Made this fib wedge and I like that I see some interesting signs of a trend. Going to discuss what I see and look at what direction this stock is going to go.
First, each time you went right through each fib to find a local high then came back down to consolidate. The interesting thing is the last 3 fibs show once you consolidated and touch the fib again it was a local bottom, which eventually led to new all time highs.
The consolidation in each zone led to a touch of the fib line and marked a local bottom. What I noticed is it looks like this happen recently again. 126.86 on a low in the candle for a close of 134.70 is the local bottom, which the last 3 times showed that you can make your way back to the highs on the stock. After making it back to highs on the stock, eventually led to new all time highs.
Comment what you think about this chart.
Comment any tips or suggestions.
NASDAQ:NVDA
Fibonacci
Nasdaq Chart Fibonacci Analysis 010225Trading idea - Entry point > 21074/61.80%
Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 21074/61.80%
Chart time frame: B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: B
A) Keep rising over 61.80% resistance
B) 61.80% Resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
Sofi approaches buy zoneSofi had a nice pullback as we expected. Note the firing off BBWP. This will reset volatility and momentum. I would love to see this stock hit the golden pocket like my other option selling stocks. I would also like to see stochastic RSI hit below 10-15.
My plan: Short-term bearish to 13ish
Sofi I like to simply buy LEAP calls and slowly sell and march them up. Currently I like Jan 2026/2027 20$ calls since it reduces my capital exposure but offers levered exposure. I have made a lot buying LEAPs on Sofi all last year. 13$ is my buy zone.
Hims to bounce soonHims like the rest of the market had a nice fib rejection and pullback. The hot growth stocks are all pulling back to the golden pocket. This demand zone is already being tapped into but I would expect a more violent wick this week. This offers a nice reset to the stochastic RSI. BBWP also needs to drop for a bit for some contraction.
My plan: short- term bearish to 23ish
Buy shares, sell 6 month CSP ATM. Potentially close my covered calls.
TSLA to 350Tsla had a strong rejection around 490, just short of a massive psychological level that is 500$. I have long since expected some level of a pull back but the stock just kept ripping. A reasonable zone for this to bounce is around 350$. This is the golden ratio, a golden pocket correction. Very likely during such a bullish trend, an opportunity. The stochastic RSI hit a top that it has hit a very times in the recent past.
My plan: I am short until 350 ish.
I bought back my TSLL covered calls and locked in a nice win. I will sell another 6 month put on TSLL here, and possibly buy more shares.
GBPAUD BuyI believe we are still in an uptrend to 2.16XXX.
On the lower timeframe, price had so much momentum to the upside, we did not have a fibonacci retracement of at least 38.2. Price stalled out at the 1.18 and 1.27 D extension and sold to the 61.8 level.
I believe the 4HR fib is still active and needs to complete.
I think our next stop is 2.063XX to finish out the current sequence.
4HR and Daily stochastic are in the buy zones.
BTCUSDT Rejecting off Fib Channel and Looking for Lower LowsBTC is currently rejecting off the bottom of the 161.8% Fib Channel Extension and is looking to make a lower low and test the supply zone in the region of 87k.
Fibonacci Channels are notoriously subjective, which is why it is always important to validate any price interaction with these channel levels prior to making trading decisions.
In this case with BTC, I have drawn the Fib Channel with these vertices marked in blue circles.
Adding in the 3 extension levels (123.6%, 138.2%, 161.8%), indicated by the blue arrow, we can see that this channel is still proving to be a valid application beyond the 100% level.
Zooming in to the lower timeframe (30min) provides further validation of these extension levels.
Finally, applying a traditional Fibonacci retracement tool to the bearish move from 108k down to 92k, shows that the first extension take profit region (between 87.9k and 86.5k) aligns well with the yellow box that marks the demand zone from the initial consolidation in this region.
Layering in a short position now, with a target of 87k is the goal of this idea. The idea is invalidated if we move above 95k again in the short term.
GBPAUD BuyI believe we are still in an uptrend to 2.16XXX.
On the lower timeframe, price had so much momentum to the upside, we did not have a fibonacci retracement of at least 38.2. Price stalled out at the 1.18 and 1.27 D extension and sold to the 61.8 level.
I believe the 4HR fib is still active and needs to complete.
I think our next stop is 2.063XX to finish out the current sequence.
4HR and Daily stochastic are in the buy zones.
AEM - Head & Shoulder PatternAEM is possibly forming a Head & Shoulder pattern.
Price action is currently under a rising parallel channel that breaks downwards and price eventually breaks parallel channel. If price breaks the parallel channel and $74, it will complete Head & Shoulder pattern.
Once Head & Shoulder pattern is formed, stock price fall is either $ price or percentage difference between Head and neckline. In this case, the projected price fall after completion of Head & Shoulder is likely to be between:
- 63.17 if price drops by 14.50%
- 60.98 if price drops by $12.90
Price is probable to fall by $12.90 to 60.98 because it coincides with:
- Fib retracement level of 0.618 which is a golden ratio
- strong weekly support zone around 61.31
- gap fill is at 59.65
TSLA - Key Support/Bounce ZonesTSLA made a 'M' pattern which is typically seen when an asset has made a top (e.g. SPY, QQQ and BTC). Stock price has declined sharply since.
Key support zones in the short term are is between 354 and 345. This is because there is a fib retracement level of 38.2% and gap fill between 354 and 345. This is a high probability zone because this is coincides with the upper trendline of the parallel channel that started at the start of 2023 and price broke through the channel in Nov 2024 before reaching new highs. Furthermore, SMA 50 is also at 345.
Should the price pierce through 345 then there is also a secondary support zone between 320 and 312. This is because there is a fib retracement level of 50% (golden ratio) and gap fill between 320 and 312.
Remember technicals are all probabilities, price reverse and test all time highs.
Kopin Corporation Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Kopin Corporation Stock Quote
- Double Formation
* A+ Set Up)) | Completed Survey | Subdivision 1
* Pattern Confirmation | Entry Bias
- Triple Formation
* 012345 | Wave Count | Subdivision 2
* Retracement Numbered | Uptrend Bias | Subdivision 3
* Daily Time Frame | Entry Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
CAKE-USDT 4h chart ?Hello everyone, let's look at the 4H CAKE to USDT chart, in this situation we can see how the price is moving in the local upward trend channel, we are again heading towards the upper border of the channel, which with a slight rebound may result in an attempt to exit the current channel at the top.
In such a situation, it is worth moving on to defining goals for the near future that the price must face:
T1 = $2,698
T2 = $2,765
T3 = $2,964
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $2,622
SL2 = $2.56
SL3 = $2,453
SL4 = $2,281
Uranium Sector: Bullish OutlookThe uranium mining sector appears to possibly have found its bottom.
Since September 2024, many uranium stocks have formed comparable Elliott Wave 1-2 structures.
The Wave 2 correction may now be complete, positioning the charts for a potential surge as the anticipated Wave 3 begins.
In my eyes, the following companies are the hottest prospects:
Energy Fuels Inc. and Uranum Energy Corp. are the first uranium companies in the US, which already are in production. They will money-wise profit immediately from the growing demand for Nuclear Energy in America.
Uranium Energy (UEC) has the highest possible and licensed production capacity in the US (12.1 M lbs Uranium per year) and will probably be the biggest US-Player.
Here is the UEC-Chart:
Denison Mines Corp. and Nexgen Energy Ltd. are uranuim mining companies, which engage in exploration and development. They both have very high grade ressources, but they wont go into production for at least 2-3 years. Either way the market seems not to be bothered by this circumstance. The future success of their projects is getting priced in heavily.
Here are the two charts:
Uranium Royalty Corp. (URC) is the first and only Royalty-Company in the Uranium sector. They are also holding Physical-Uranium as an investment, anticipating higher uranium prices in the fututre. The companie has connections to Uranium Energy and the whole management is very experienced. I think they as well are in a great position, to profit from a Uranium-Bullrun.
Here is the URC-Chart:
Beautiful triangle waiting for 1K pips+ breakoutA perfect triangle has taken shape in the #AUDJPY chart touching laser sharp on all major candles across multiple timeframes. I first saw this on the 4H chart but it immediately became clear it was clean in all timeframes, with support going even going back to september last year!
This is a very choppy chart, so will wait for breakout in either direction to put a trade on. I could add that the HMA is bearish in all but the lower 1H timeframe, but in this case that gives me no extra information.
Given the significance of this triangle in terms of form and duration, one can expect a large move after breakout. If the breakout about to occur is bullish I will build a position towards the different resistance levels up to the 107.8 region, that is equivalent to 1000 pips! Will take profits along the way, of course.
If bearish, the potential is even greater, targeting first major support in the 88 region with stops along the way, mainly the bottom of the huge pin bar of the 5th August slightly above 90.
Reasonable purchase...hello friends
By examining the LDO currency, we came from the DEFI field.
This coin is generally in a range and by making its bottom it was able to experience an upward growth.
If you bought this currency in Polback to Gap, and you are now in profit, if you want to buy this currency, this is a logical step to enter.
If the market corrects, you can buy again.
But in case of successful failure of your limit, you can make another purchase in pullback.
Note that this currency has not yet started its growth...
Regular and principled...hello friends
We came up with FANTOM currency analysis.
This potential coin, which is active in the DEFI field, has been able to grow well by forming an upward channel.
Now we have specified the purchase limits for you in case of modification.
Now it is logical to buy one step, but in case of correction, we can wait until the specified areas and then make our purchase.
But in case of successful failure of the channel, we can still buy and move with the specified goals.
Note that this coin has a high growth potential....