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EA - Bullish Divergence on Daily.Hi guys. Ideas on this post are my own opinions and for educational purposes as i try to express my thoughts. This is by no means financial advise, as i am NOT a financial advisor. Lets jump in. So this is an update on the Daily timeframe. I am still long unless proven otherwise. Infact the Daily is more powerful than the 12hr and 8 hr. We are curretly below the the 0.5 FIb level. The end of this week needs to have a close above with confirmation. So watch the weekly as well! On the Daily we broke out of this short term white downward trend line pushing price down. And the price action currently in this area seems like consolidation to me. Alot of volume, bigger candles than previously seem on intermediate term also seen. Bullish Divergence is still intact. Where price action is pointed downwards but indicators are pointing upwards. I got 3 indicators showing confluence on this divergence. STOCH RSI, is crossing above the 20 level, momentum could pick up! Keep an eye. For places to sell, keep an eye on: 1. Red trend line above us 2. 0.618 fib 3. Price Gap Hope this helps. Let me know what you think! Like, Comment, Follow for more of my ideas! Thank you for your time! DIsclaimer: This is not financial advise, i am not a financial advisor. The ideas posted here are my opinion only.
NASDAQ:EALong
by SafofAllTrades
EA - coming alive on 12 hrHi guys, this is an update to my previous idea. This is not financial advice, this is for educational purposes. Im still long on EA and am stillin a position. Ive been looking at lower time frames to see if anything picks up. Target is still the same, the .618 fib retrace and the gap fill. RSI forming a higher high (breaking white trend line) and the yellow MA, making me think the bullish divergence is starting its move. Stoch RSI is also crossed above the 20 level, indicating momentum picking up! Looking for the mACD cross to validate further that momentum is picking up.
NASDAQ:EALong
by SafofAllTrades
EA - A long play for the short termHi Guys, been trading quite frequently recently. Thought id post this to help with my education. :) This is strictly for educational purposes and by no means financial advice. But as a gamer myself and having familiarity with this stick. Thought id post this potential trade. (Which i am currently in) This is strictly TA based. So this is on the 8 hour timeframe. But i took this trade because the daily is oversold as well on many metrics i utilize which ill discuss here. So as you can see the price had a major engulfing candle down to the level of .5 fib retracement that incorporates price action since July 2018, highlighting this long term sideways action. Price action is now starting to move above. Indicating buying pressure at this level. (indicated by the lime green line) It also reached near this support red line that has been support since roughly April 2020. Also notice the green box highlighting the red engulfing candle, this refers to the GAP in the daily, that i believe we will trace back up to. Indicators: Now notice the RSI, is oversold, forming bullish divergence with price. (its also oversold on the daily) Now the next 3 are momentum indicators: MACD showing signs of increased bullish momentum. ADX showing bearish momentum, i would wait for a cross of the green line but since im treating this trade as a swing trade, i went ahead and opened positions. Since my MACD , STOCH are nearing end of bearish momentum and RSI is oversold. Stoch RSI also close to crossing over the 20 level which indicates bullish momentum picking up. Overall my target here is around $128. My stop is below the RED SUPPORT LINE. Hope this was insightful. Let me know if yall are in this trade too and if so what your seeing! Lets discuss TA :D. ****Again this is not financial advice and remember to use stop losses when trading. Thanks. Saf
NASDAQ:EALong
by SafofAllTrades
1
NVDIA Rejected on the 1D MA100. Needs to break otherwise new LowNVIDIA Corporation (NVDA) opened on more than +2.00% today but as it almost made contact with the 1D MA100 (green trend-line), it got rejected. This is far from ideal for the uptrend that started on the October 13 Low as the previous Lower High of this 12 month Bear Market was done again on the 1D MA100 (August 15). With the 1D RSI entering its Resistance Zone since March 29, it becomes obvious that unless the stock closes above the 1D MA100, those bearish factors will start to weigh drastically and push the price even to a new Low on the Internal Lower Lows trend-line. A closing above the 1D MA100 though, should push to the ultimate bullish test of this Bear Cycle on the 1D MA200 (orange trend-line), though it will still have to overcome the Internal Lower Highs trend-line. However the horizontal Resistance Zone of June (196.60 - 193.50) will be the last barrier, but with the 1W MACD on a Bullish Cross (if it manages to stay on this cross), most likely it will find enough barriers to break it and basically turn the long-term trend back to bullish and into a new Bull Cycle. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:NVDA
by TradingShot
1
NVDIA consolidating above its 4H MA200. Long-term target $445.NVIDIA Corporation (NVDA) broke and closed above its 4H MA200 (green trend-line) last Thursday and in a surprising display of bullish strength, it has managed to hold it as a Support and consolidate. That was the first series of 1D candle closings above the 4H MA200 since January 14. If this fails and the stock closes 2 or more 1D candles below the 4H MA200, we expect a pull-back to the big support cluster provided by the 1D MA200 (orange trend-line) and the 1W MA50 (red trend-line). This has been the ultimate long-term Support Zone and buy level since September 2019. At the same time, the 1D MA50 (blue trend-line), has turned sideways, and is the medium-term Support level. The first target is the $346 All Time High and the long-term one is the 1.5 Fibonacci extension at $445. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
NASDAQ:NVDALong
by TradingShot
1
Is Facebook ready to buy a major gaming stock?Facebook’s transition into Meta Platforms (NASDAQ:FB) and Mark Zuckerberg’s big push into the metaverse — the concept of a shared 3D virtual platform where people can socialize, work, and play — spurred a sector-wide move by tech companies to branch out into other areas like gaming. The burgeoning gaming industry has transformed into a $198.4 billion sector in 2021, far exceeding the combined market size of the box office and the music industry, according to market research firm Mordor Intelligence. Meta and VR gaming Even before Meta announced its push into the metaverse in October 2021, the social media behemoth has built a presence in the gaming market with its acquisition of virtual reality company Oculus in 2014. Meta’s foray into the metaverse would make its Oculus VR headsets more appealing to the market amid strong competition against other VR headsets in the market like HTC’s (TPE:2498) HTC Vive and Sony’s (NYSE:SONY) PlayStation VR. A sharper focus on gaming would encourage Facebook to double down on its investments in the gaming sector far beyond hardware and building a metaverse. The company, which also owns Instagram and WhatsApp, could soon build an army of tech talents that specialize in gaming. Meta gobbles up gaming studios In the months before it rebranded into Meta, Facebook went on an acquisition spree buying small gaming studios. Among its most recent acquisitions in the gaming space are studios Ready at Dawn, Unit 2 Games, VR firm BigBox VR, Downpour Interactive and Sanzaru Games. However, Meta has yet to spend billions of dollars on a gaming company since its acquisition of Oculus in 2014 for $2 billion, raising the prospect of a potential acquisition of a larger gaming studio similar to recent moves by Sony, Microsoft (NASDAQ:MSFT) and Grand Theft Auto publisher Take-Two Interactive (NASDAQ:TTWO). Multi-billion gaming deals Three multi-billion dollar gaming deals welcomed the year in January, starting with Take-Two’s plans to buy mobile video game company Zynga for $12.7 billion, which was thought to be the gaming industry’s biggest acquisition on record until Microsoft announced that it is buying Activision Blizzard (NASDAQ:ATVI), the studio behind the Warcraft, Diablo, Overwatch and Call of Duty franchises, for $68.7 billion in cash. Microsoft said the deal would make it the world’s third-largest gaming company in terms of revenue behind Tencent (HKG:0700) and Sony. Two weeks later, Sony said it is buying Bungie, the video game developer behind the Destiny and Halo franchises, for $3.6 billion. Which gaming studio is Facebook eyeing? With Meta’s intentions to promote the metaverse concept, industry watchers are now waiting for the company’s next big move. Meta will likely look to gobble up a gaming studio with a massive presence in the market such as France’s Ubisoft (OTCMKTS:UBSFY), the developer behind Assassin's Creed and Prince of Persia. Ubisoft CEO Yves Guillemot last month hinted that it is open to offers from companies. Roblox (NYSE:RBLX), Playtika Holding (NASDAQ:PLTK) and Super League Gaming (NASDAQ:SLGG) are also likely targets if Meta chooses to snap up the bargains on these companies after their shares tumbled to near record lows recently. In June 2021, Meta bought Unit 2 Games, the studio behind Roblox-like gaming platform Crayta.
NASDAQ:META
by BlackBull_Markets
1
Double Your Investment Ideas : ALICE/USDtALICE is currently standing at the point where it can be bounce anytime and we could make at least 2x return ... DISCLAIMER : Invest with Safety and Risk Management . Invest with D.C.A ( Dollar Cost Averaging ) strategy so you Make better returns with Minimize Risk. Learn D.C.A if you are not aware about it. Good Luck ! Power of 2x . $50 $100 $100 $200 $200 $400 $400 $800 $800 $1,600 $1,600 $3,200 $3,200 $6,400 $6,400 $12,800 $12,800 $25,600 $25,600 $51,200
Long
by iTradeForexZH
1
Boxes strategy analysis. $PENN stock price action.Here is my recent analysis of NASDAQ:PENN stock price movement. As always I used my boxes strategy. Here is a recap of recent price action: Price dropped below 86 level in May 2021, which had acted as a support before. Then price tried to reclaim that level multiple times, but with no success. We can mark this level as a strong supply point. Significant demand level was reached in August where price bounced from 61 level with huge volume. Long-term trend line can be marked at that level, as it acted as a strong support. Hence, the box is formed between 61 and 86 levels. Another point of interes is 74.4 acting as a magnet, with plenty of action around it. What happens next? We need to see decent volume at breakout of 86 for the stock to move higher. Target is 95 which had acted as a demand level of the previous box. Trade wisely and good luck! ----------------------------------------------------------------------------------------------------------------- Disclaimer!!! This is not financial advise.
NASDAQ:PENNLong
by AyBe_Invest
Angler Gaming Long 01/06/21Angler Gaming is a company that has had a fantastic year both in price action and fundamentally. It has now created a harmonic pattern that suggest a increase of approximately 115%. This target is resonable since the company has a fairly low valuation compared to the huge successes it has made. The big price action upwards from the important support level around 26 SEK indicates strength and further rise. The fibonaci levels on the chart are good levels to sell/buy but the long-term target is still around 56,75 SEK. My sell stop loss is 25,75 SEK, a price action that breaks that level suggest a further pullback. What are your thoughts?
NGM:ANGLLong
by swedish_viking
2
RSI a great ascent always starts from a small first stepMy advisor MarketMiracle generates a LONG signal for ticker RSI The title has been sold for months and this could be the first small step towards a very consistent ascent. For the moment we are content with a target price of 13.10 USD but I am sure that soon will come some new signals. The graph seems consistent with the forecast This idea is based on a signal generated by the advisor Marketmiracle, scroll the page to find the link to the free page of the signals of the advisor that you can consult without any cost and without registration.
NYSE:RSILong
by MarketMiracleAdvisor
RBLX back to 75+?RBLX 1HR Timeframe - RBLX had a nice breakout of the downtrend 2 weeks ago and a rally to new highs, price has seen a nice correction, retesting that downtrend and bouncing perfectly. Some bullish option flow coming in and with this strong close today at high 71 level, we could see a possible impulse move to 75+ by end of week. Currently has some strong downtrend resistance (green line). A break over 72-73 level and hold would confirm a reversal to the upside. If we see see a slight sell off during pm I will look to buy the dip for some weekly call options. Under 69.16-68.60 would indicate more downside. Keep in mind there is a going to be lots of volatility (short term) with this name. Currently holding 71C, 75C weeklies, 70-77 weekly calls (lottos, high R/R), next week or May contracts would be safer don't recommend leaps on this just yet.
NYSE:RBLX
by jUiCE_Trades
1
🎰 Las Vegas Sands : LVS - LONG, lets spin the roulette!!Hi mates is perfect setup for breakout of the big bullish flag NYSE:LVS here is data for my trade: ------------------------Trade setup --------------------------- Entry: 61.75 Stop Loss: 58.26 Profit target: 73.91 ------------------------------------------------------------------ If you like the idea, do not forget to support with a 👍 like and follow. Leave a comment that is helpful or encouraging. Let's master the markets together.
NYSE:LVSLong
by Tomasgei
2
CRSR: The Best Pure Play On Gaming and Streaming. Corsair is a maker of everything a gamer or streamer would need. The list of products is nearly never-ending; keyboards, mouses, capture cards, controllers, headsets, lighting, CPU cooler, CPU power supply, CPU case, SSD, Memory, stream deck. Corsair is a one-stop-shop for all a gamer/streamers needs. The stock has been consolidating beautifully since hitting a high of $52 last November. Since it has formed a beautiful, strong support level at $33 with resistance around $42. We believe with A+ management; Corsair is poised to continue to gain market share and win over investors. On their latest earnings call, management announced that they would focus on launching multiple new products at a rapid pace along with increased spending towards marketing. Fundamentally, their numbers were fantastic as well. 55.2% YoY top-line growth for FY 2020($1.7B), highlighted by an 83% increase in gamer/creator peripherals. They made the jump to being a profitable company compared to the previous year ($103M FROM -$8.4M). With macroeconomic tailwinds, wide economic moat, A+ management, A+ products, spectacular growth, profitable and risk reduced entry technically, we believe this is an incredible opportunity to get into an incredible company. We are targeting a $52 6-month PT.
NASDAQ:CRSRLong
by RobertTheTrader