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These are the points worth watching next week!Ok, AAPL did a pullback, as we expected, now what we should focus in how much there's left to drop. I'm focusing in this gap at 124.78, but looks like the stock is trying to form a bottom already. The problem is that we have no reversal, neither buy sign around, but the 126.08 is quite interesting, as it was resistance twice today. This the point we must see AAPL breaking. In the 4h chart, the resistance at 127.90 worked as we thought, but we still have the advanced breakout, indicating that there's still hope that AAPL will break this resistance. Again, the 126.08 is the key in the 30min chart, while if it breaks the 127.90 in the 4h chart, it'll trigger another buy sign, and the target is the 131. I'll surely monitor all these points closely next week! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:AAPL
by UnknownUnicorn21312077
Several patterns and points to watch next week!Nio is doing some bearish patterns around, and it must do a very good movement on Monday if it wants to go up next week. We have a head and shoulders, that wasn't triggered yet, so there's still hope for Nio. But, what if it triggers? Then the gap at 33.44 will be the target, probably. We also have the 32.61 as a second target, but I don't know if there's any chance of being hit. The 4h chart has the double top pattern as well, that indicates more bearish sentiment, but neither of these patterns were triggered yet. Therefore, it is important to see a great reaction on Monday, as soon as possible, or Nio will trigger these signs and drop to the targets. But if Nio breaks the 34.75, I believe it'll seek the 61.8% retracement in the 4h chart, around the 38.40. We'll have our answer next week! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:NIO
by UnknownUnicorn21312077
2
US100 Overnight Liquidity - Gap and Go?Just updating before the US session gets going. We have Flash PMI data today, so probably going to get a bit of movement. There is a lot of volumes above, these guys want to get filled, maybe they are closing out the longs before the weekend, we have to wait and see. Not personally thinking it is new sell orders into the market as we're basically in the middle of a range, rather than the top of a market. I am mindful that inflation worries are still prevalent and will have an effect on the Nasdaq if the US10 year yields rise.
U
by TH_Analysis
6
NDX: Pullback ahead?Hello traders and investors! Let’s see how the tech index is doing today! First, in the 1h chart, it looks like we found a ceiling . The white area is a resistance level, and given how the index performed recently, I wouldn’t be surprised if it does a pullback to the 21 ema again. We just defeated the 13,430, indicating that the short-term trend is bullish, but pullbacks are acceptable here . If we look at the daily chart, there’s one more thing to keep in mind: We just hit the 21 ema, and we are trading above it right now, but there’s still time for a bearish reaction . But maybe I’m overestimating the bears again. Also, keep in mind that pullbacks would be opportunities to buy. I would be surprised if the index defeats the 21 ema and hits the 13,700 in one single movement, but there is this possibility. Also, we have some gaps up there, and they will help to push the prices up in the mid-term. The US market is looking great, along with Chinese and Brazilian markets. For instance, despite the sell-off seen around, in the past few months our private group has been trading some Brazilian ADRs , which have been doing amazingly well, a nd they do bring some equilibrium to our portfolios. Right now, the market seems optimistic, but we must always seek balance, and work calmly, always seeking opportunities, preferably, where nobody else is looking. If you liked this analysis, remember to follow me to keep in touch with my daily updates! Thank you very much!
TVC:NDQ
by Nathan_The_Finance_Hydra
SPX: Key points we must be aware of!Hello traders and investors! Let’s see how the markets are doing today! The SPX is doing a fantastic reaction, and if it defeats the 4,183 it’ll be a good sign, and it might retest the ATH again . But since it went up too fast, pullbacks are expected , and the index could drop to the 21 ema again, and this wouldn’t be a problem. The area around the 4,183 and 4,188 seems to be a nice target for the index, and a resistance level too , as it was the previous support and it is a previous gap area. The 4,167 is another resistance, but I rather work with the gap area in the short/mid-term. Now, let’s see the daily chart for more clues: Honestly, I overestimated the bears here, and I was expecting the index would retest the purple trendline , but it seems the 4,055 area did a good job already. Yesterday we had a Hammer pattern, above a support level, indicating a further upside movement. The US market is looking great, along with Chinese and Brazilian markets. For instance, despite the sell-off seen around, in the past few months our private group has been trading some Brazilian ADRs , which have been doing amazingly well , and they do bring some equilibrium to our portfolios. Right now, the market seems optimistic, but we must always seek balance, and work calmly, always seeking opportunities, preferably, where nobody else is looking. If you liked this analysis, remember to follow me to keep in touch with my daily updates! Thank you very much!
SP:SPX
by Nathan_The_Finance_Hydra
2
SPY The next couple of daysSPY gapped down huge but buyers stepped in and we saw it make a recovery during the day. The downward channel hasn't been broken yet and the price action the next couple of days will tell us which direction we are headed. -Price still in downward channel -A breakout of channel = Bullish move -Rejection of channel = Another gap down and selling -Increase in buying volume could indicate a potential bullish breakout so keep watch - Overall market sentiment still bearish What do you guys think about this analysis?
AMEX:SPY
by Lilbuddadude
6
A great reaction on AAPL!AAPL filled a gap at 123.06, and it is doing a rally now. The 124.78 is another gap, that is a resistance now, so, AAPL is supposed to have a hard time in this area. If it breaks the 124.78, it'll confirm our long thesis, but for now let's keep the 4h chart in mind. AAPL broke the 124.43, which is a nice buy point after it filled a gap. The confirmation will come tomorrow, but this is a nice sign already. It must not lose today's low, though. If AAPL breaks the 127.90, it'll reverse the trend for good. But for now, I think the 127 is a good target. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:AAPLLong
by UnknownUnicorn21312077
2
ET - Adam and EveET formed a bullish A&E formation and broke above the neckline on strong volume on 7th May, creating a breakaway gap often seen at the early stage of a sustainable trend. It then pull back to retest the neckline before rebounding again (another classic breakup and retest to shake out the weak bulls). Long with initial stop loss below the neckline @ 9.28. Trail stops up as trade goes our way. Expected A&E target is around 13.80. No guarantees but the odds are in our favour. Disclaimer: TA is about improving our odds of a successful trade, but there is no guarantee. This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you. Feel free to le me have your comments! :)
NYSE:ETLong
by Juliac
2
FINV - displaying strong support at 5.78 (Gap level)FINV retraced about 50% from it's major swing up before finding support around the 50% fib retracement level. There is also a horizontal support zone there 5.78 - 6.24, created from horizontal resistance turned support (apparent on wkly chart) and a large Gap up on 11 March (that is not being filled during this recent plunge) Note that as a $6+ stock, it is a speculative play. I am interested to stake between 6.50 to 6.85) with a stop loss at 5.75. Let's see how it turns out. Disclaimer: TA is about improving our odds of a successful trade, but there is no guarantee. This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you. Feel free to let me have your comments! :)
NYSE:FINVLong
by Juliac
#PLTR - Price heading to falling wedge resistance. Good momentumIt is pretty clear that Palantir is not a stock for quick profit. Its CEO also said this. It is not a 100m run, but it is a marathon. In my pinion we are in the middle of a strong rebound, also seen the volumes of the latest trading days. The first target could be the 24$ area, which is the projection of the small falling wedge (in red) , broken with huge volumes n May 11th. Once the price will reach the 24$, it will be significantly above the resistance line of the larger falling wedge (in purple). This means that the rwach of 24$ would mean the breakout f the larger falling wedge, whose target projection will be the 31$ area. This area is very delicate, as it has a big gap both in daily and in the weekly chart. It is true that the gaps are not always to be covered, but I would consider the possibility of it being covered as 99% probable, especially considering that gaps in TF like the weekly are very significant. Once reached the 31$ area.. price has highways in front of it for a strong bull run. Be patient...
PLong
by FrancescoMerlettini
1
TSLA: Is there any hope for it?Hello traders and investors! Let’s talk about Tesla again! After it lost our Triple-Support level, it denied the bullish thesis we discussed last week. But what it is supposed to do now? TSLA just filled a gap in the 1h chart, and anything good that it could around here, would be great. But so far, we have no confirmation of any reversal sign. The trend is bearish in the short-term , as we have lower highs/lows and the 21 ema is descending. We are in a good place for a reversal, but since we lack bullish signs, there’s nothing to do, but wait. The daily chart suggests it could drop below the $ 600 again, something around the $ 590. But the low volume makes us wonder if this is a real movement or not. Tesla is dropping due to a systemic sell-off in the tech stocks, not something related to the company. In this case, if the NDX reverses, it could easily take Tesla with it in the mid-term. In the lack of new evidence, we must wait for more signs. But if Tesla does anything good around this support level, it would be a great sign for the mid/long-term investors. If you liked this analysis, remember to follow me to keep in touch with our daily studies, and support this idea if it helped! Thank you very much!
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
15
The advanced breakout worked wonders! Now watch these points!Today's movement was pretty precise and technical. In our last Nasdaq 100 analysis, we already figured out that it would fly today, thanks to the advanced breakout, a rare event that usually gives good trades. Now that it filled the gap, it could go anywhere, but we must watch the 13,676. Anything below it will mean the index will have a hard time. Meanwhile, the 14k is the target. If you want to learn more about advanced breakout, just check my previous post on Nasdaq 100. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
TVC:NDQ
by UnknownUnicorn21312077
5
About to hit the $ 733? Watch these signs.Hi Tradingview community! Per our last analysis, we identified the strong divergence on price x RSI, and Tesla is about to confirm our bullish thesis. We have an inverted head and shoulders in the H chart. If TSLA break the 683.45 it'll most likely reach our target (gap at 733). Tesla is looking good, my dears! Let's watch the 683! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:TSLA
by UnknownUnicorn21312077
4
A rally to the $ 39.50?Hello Tradingview community! We don't have any confirmation on the price yet, but we have a double bottom on the RSI, a good divergence as the price is falling, and we have an advanced breakout from the previous top on the RSI. This could antecipate a rally to the 39.50 (there's a little gap around here that could be filled), the 50% fibo retracement in the D chart: If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:NIO
by UnknownUnicorn21312077
1
AAPL: Could these patterns reverse the trend again?Hello traders and investors! Let’s see how AAPL is doing today! Since last month, when we were discussing the reversal patterns AAPL was doing, our view was clearly bullish. Now that it went from $ 120 to almost $ 140, what’s next for it? Well, in the 1h chart we have again some nice reversal patterns. Apple is doing higher lows , and if it breaks the blue line at $ 130.44 it’ll trigger a bullish pivot . It has a gap to fill (yellow square), and it’ll probably seek the $ 137 again if it does that. Let’s see the daily chart: The problem with the daily chart is the volume . The high volume in the bearish days indicates that the bears are not kidding here. Maybe this was all thanks to earnings, but we can’t be sure. But it is a fact that it is sitting right above the $ 128 and it is doing a good reaction now. But if AAPL loses the $ 128 again, things might get ugly for it, and it could retest the $ 120 area next. This is a decisive moment for AAPL, and I’m eager to see how it’ll play. Remember to follow me to keep in touch with my daily updates on stocks and indices, and if you liked this idea, remember to support it! Thank you very much!
NASDAQ:AAPL
by Nathan_The_Finance_Hydra
6
Will MSFT fill its gap? Good risk-reward ratio here!Hello Tradingview community! We have a RSI/price divergence on MSFT. If it breaks the 249.5 the gap at 261 is the next stop. The risk-reward ratio is very good! It is sitting right above the support area in the 1D chart too. Good luck! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:MSFT
by UnknownUnicorn21312077
2
TSLA: Keep your eyes at this Triple-Support zone!Hello traders and investors! Let’s talk about Tesla today! Ok, Tesla materialized the worst-case scenario we talked about in our last study ( link below this post), and now it is trying to bounce back, as expected. We discussed that this is as far as Tesla could go in the short-term, and now Tesla is almost triggering a bullish structure, or a pivot point , if you will. The black line at $ 685.10 is the key point here , and if Tesla defeats it, it’ll reverse the trend in the short-term. In this scenario, the gap at $ 733.70 is the next target to work with. What’s more, Tesla just dropped enough to fill one of its past gaps , as evidenced in the chart, which is also a support zone for the price. But it is not over yet! We have another interesting support, seen in the daily chart: The trend is still bullish in the daily chart, as we have higher highs/lows , and Tesla just hit the purple trendline again. This makes the zone around the red line a Triple-Support Zone , and it won’t be easy for Tesla to lose it. The volume is another nice thing to look at. After our Ignition Bar , on Friday (which was denied thanks to the recent drop), Tesla has been dropping with low volume. The fact that we have low volume, and the stock is dropping/moving sideways indicates that there are no true sell pressure around. If there were any pressure, the volume would be higher. Meanwhile, let’s wait for any bullish confirmation on Tesla. If you liked this analysis, remember to follow me to keep in touch with my daily studies, and please, support this idea if it helped you! Thank you very much!
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
9
TWTR - opportunity to Long with small riskTWTR gapped down after announcing earnings and traded down to it's long term trendline support and appears to be holding well here. Opportunity to long it (wait for a break above 55.72 to ensure enough momentum to the upside) with initial stop loss $1 below its recent pivot low of 52.60 Looking to take profit around 65 where it fills the recent gap. Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you. Feel free to give me your thoughts ! :)
NYSE:TWTRLong
by Juliac
SPX: Targets and Key Points to keep in mind!Hello traders and investors! Let’s see how the SPX is doing today! The index is dropping a lot, but maybe it is not the end of the world ( at least not yet ). The thing is, in the 1h chart the index did a breakaway gap , breaking the previous support level at the red line. This usually indicates a strong movement ahead, and the next target is the 4,119 area, which is the next support. The daily chart will offer us more clues: The trend is still clearly bullish in the daily chart, and we have no reversal sign ahead. The recent drop is just a pullback, as far as we can assume. We only have higher highs/lows, not lower highs/lows. What’s more, the index just retested its 21 ema in the daily chart, and it is bouncing back up already. A retest of the 4,119 is still plausible, but any good reaction around this support level would be welcome for the index, and could resume the trend in the mid-term. But we have no bullish signal yet, so, we must be careful. If you liked this analysis remember to follow me to keep in touch with my daily updates, and please, support this idea if it helped you! Thank you very much.
SP:SPX
by Nathan_The_Finance_Hydra
2
Nasdaq - Sharp drop in momentumNasdaq's unexpected drop in Momentum suggests further choppiness ahead and sharp moves in either direction should be met with skepticism. If this wave count is correct, we're in a double 4 which corroborates the aforementioned forecast for price action. Sharp movements to the upside should find strong resistance at the Fibonacci extensions whilst downside movements should find support around the GAP level indicated. For the meantime I think the short MA will offer substantial resistance whilst the intermediate MA plays catchup.
TVC:NDQ
by csmottola71