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ZOOM (ZM)| Approaching The Buying Area!Hi, The price of the well-known video communication software ZOOM has started to approach quite a solid buying area, at least from a short-term perspective. Long story short, technically, the good buying area stays between $240 to $302 and the criteria are: 1) $300 the mid-round number acting as a support 2) Small resistance level in 2020 become support 3) 2x Equal Waves ending points are in the marked green buying box to add strength in there 4) 50% fall from the ATH (all-time high) 5) Minor lower trendline third touch 6) Fibo retracement 62% These are the major criteria for this current rejection area, do your own fundamental research and if this matches with my technical analysis then you are ready to go. The first target stays around $400 ~30-40% The second one will be the current ATH ~100% Stay healthy, Vaido
NASDAQ:ZMLong
by VaidoVeek
5
TESLA (TSLA) | Finally Approaching My Buying Area!Hi, The well-known, much-talked-about, much-asked-about TESLA is starting to reach an interesting price level for me. There have been a lot of questions about what I think of Tesla, when to buy, what to do, etc. - my answer has always been the same: "I don't know HOW and I don't know WHY it should fall, but I'm only interested in this stock when its price reaches around $500." And here it is, approaching this area quite aggressively, the streets in Tesla's yard are already quite bloody. Too bad for those who went along with FOMO and didn't wait for a correction. Keep in mind - in trading and investing then patience is the key! Of course, this does not mean that Tesla will, firstly, get to that shown area and, secondly, this doesn't mean that it will go up there, but at least the analysis has been done and we can just wait for what the market has to offer for us. Fundamental analysis is your job to do but I can give you technically an optimal area from where to buy it. The area is quite wide but I'll explain it later. The criteria are: 1) 2020 resistance becomes support 2) The mid-round number will act as a support - $500 3) A tiny confirmation from the Fibonacci retracement level, 62% matching nicely with the other criteria 4) Weekly EMA50 adding strength to the shown area 5) 50% drop from all-time high The green box, which marks the buying area, is quite wide. To give you a hint then long-term investors can add some positions after the price of Tesla has reached around $540. The shorter your investment period, the more precisely you have to buy the stock. Technically, the ideal price range will stay around $450-500 but be ready to grab it also a bit lower ;) Stay healthy, Vaido
NASDAQ:TSLALong
by VaidoVeek
22
Šiaulių Bankas (SAB1L) | Wait For a Breakout For Good Profits!Hi, Šiaulių Bankas is the largest Lithuanian capital bank, a steadily and consistently growing financial partner, paying special attention to business financing and consumer financing solutions. Šiaulių Bankas serves its clients in 60 client service units in 37 cities and towns throughout Lithuania. The Bank was established in 1992. Šiaulių Bankas Group includes subsidiaries, which operate in the fields of leasing, life insurance, and real estate. Technically, the price of SAB1L has climbed back to the major resistance area which stays at around €0.54 - €0.56. It has held the price since 2010. So, in 11 years the price hasn't seen higher prices than the prementioned level but luckily it has drawn a bullish chart pattern and we are really close to getting a breakout of that. The bullish chart pattern is Inverted Head and Shoulders and it gets activated after a Monthly or Weekly candle close above €0.54 - €0.56. Actually, it gets activated after a candle close above the chart pattern neckline (we have a tiny breakout of that) but still, a bit safer would be to wait just a little bit more. IF we get a Weekly or Monthly candle close above the mentioned level then basically there are no obstacles for price growth. Wait for a candle close, wait for a small throwback and the targets are: 1) €0.715 - around 35% profits 2) Chart pattern target €1.000 - around 90% profits 3) For holders - 150%+ Currently, there is also a bit riskier scenario on the table: We have a 4H and Daily candle close above the counter-trendline, supported with 4H and Daily EMA50. So, you can SLOWLY start to add some positions but keep in mind it is risky because the price approaching multi-year resistance level at €0.54-€0.56. To buy from the current prices you should have some info from inside :D Stay healthy, Vaido
OMXVSE:SAB1LLong
by VaidoVeek
5
GBP/CHF LONG trade This is our GBP/CHF trade that our members and ourselves placed at the London market open today, the GBP was a +3.9 and the CHF was a -5.1 so fundamentals was strong to the upside, what we saw was an uptrend off of our daily zone and double confirmation on the 15m timeframe at previous area of resistance which is now support, because we have all of our zones in place we know that we have free range from any major areas of sell pressure until our weekly zone, so our final target is there. after only 2 hours in the trade we saw an injection of buy pressure and was able to close out half of our trade at take profit 1 and move our stop loss to entry.
Long
by Trade_Rocket_Investments
1
Major Markets Crash ... Or Have They?people are freaking out about yesterdays market moves, but if you take it to the higher timeframe, all we are seeing is the market have a minor correction or exhaustion after a massive move. we have seen some amazing moves the past couple of weeks in the currency markets with hardly any exhaustion so it makes sense that we are finally seeing one, this is a great opportunity to reposition ourselves for another potential major move with better risk reward, we will be looking for opportunities on market open Monday .. but for now we will monitor
by Trade_Rocket_Investments
Mainframe (now Hifi Finance) pump Incoming 2/17/2021Hifi Finance ( new brand name for Mainframe ) will be making big announcements tomorrow. Their website has a countdown for what is rumored to be their lending protocol launch in less than 22 hours. As we get closer to countdown , price action will rise accordingly with speculation. Ideally we stay above the .618 fib retracement fan level during this bitcoin slump and continue pump towards 3 cents and beyond. Check out countdown timer at their website
MLong
by boriku
REEF - An entire market correcting, Reef FUD, and the FutureReef has had a solid couple weeks, being down as low as .006, with a bull run hitting over .055. After the 900% run, Reef starts to correct, as well as the entire Alt Market - as Bitcoin surges to a new high. This seems pretty normal here. FUD: A Reddit user has created a popular post today, titled 'Reef Finance Flags, be careful'. This user has over 8000 Karma, and many posts. The entire post seemed to be about a shift in the circulating supply of REEF, accusing the team of originally lying. They said they caught an address with another 0.5 Billion coins being added recently. He then tried to chat with their telegram support, which was limited to one question every 15 min. His opinion: Reef was a scam. Future: I mysef went into Telegram, this Reddit post making Reef so popular that every second an admin was barraged by the same question. The first pinned post had the answer - the coins added recently are to pay for the parachain, which Reef must secure itself. Their Roadmap shows they will venture to Kusama first, not Polkadot, so avoid the speculation that 'they won't get a parachain'. This is not true. This rumor ended up proving to be false. Reef Finance is a highly hyped project, with an impressive array of partnerships, and one of Polkadots Defi tokens. I believe in the middle term, this project will be successful, has already seen a lot of hype, and is not even fully ready to launch yet. Short term, we should see some consolidation. Overall: Bullish Targets: .032 - .028 - Buy zone. The Fibonacci retrace has hit the 2nd level of support, but this does need to come down further to be a healthy growth cycle. This is not something abnormal.
RLong
by Shwayze
7