NIO: Next target and Key Points!Hello traders and investors! Let’s talk about NIO today!
NIO is starting 2021 with the right foot here. I rarely give any entry point here on Tradingview, but in my last NIO analyses I made an exception, for educational purposes only . I gave you guys an entry point at $ 45.46, and for more information just check my previous analyses, the links are below, as usual.
Now, the exit point is up to you. Keep in mind that NIO is in a bull trend, and pullbacks to the 21 ema are expected. But NIO did a Breakaway Gap today, defeating the resistance at $ 50.50 (purple line).
I would use the purple line as a guide from now on , as if NIO loses it, then it may fill the gap, but I wouldn’t count too much on that, as the daily chart is looking very good:
Yes, this Piercing Line pattern was one of the reasons why I was bullish on NIO, and it defeated the pink line, as we said it would. The volume is increasing again, which is great, and this indicates that NIO is just starting its movement.
In the mid-term, the pink line is a key point, as it is the most important support for NIO, but as long as it keeps trading above it, the next target is the ATH at $ 57.20.
Will NIO hit this point? Let’s see. Follow me to keep in touch with my daily analyses and remember to support this idea if it helped you! If you missed my previous analyses, again, check the links below.
Thank you very much, and let’s have a great 2021!
Gap
#BTC #Bitcoin AnalysisSince the beginning of the year, we have seen Bitcoin far exceed the resistance of $ 30,000, something that was unlikely. Over the past few weeks several resistances have been broken, and following the same path, the same has happened in this one. This is due to the entry of different institutions taking advantage of the low volume and volatility of the weekends.
Analyzing the CME futures chart for Bitcoin, GAPs do not stop happening, in the image it is shown, the largest being the one that is being created now. Tomorrow's Monday opening will mark the final value for this GAP.
In addition, in all the charts analyzed with candles of 1H, 4H, 1D and 1W, Bitcoin is overbought. For the 1-week chart that we have been following in the channel for a long time, a break has been made at a major resistance point near $ 33,000. This break has yet to be confirmed, but we see likely that Bitcoin added to all factors may laterize at this point (as we see in 1H candles) showing great indeterminacy, with a rejection at the $ 30,000 support zone, pushing the price back.
The future of Bitcoin looks bullish on the price action, but the indicators mark an imminent correction. Do not rush to open your operations. Mark the probability of your addresses at the entrance and do not follow them, do not rush to drag the loss, with large movements in Bitcoin you must always stay safe, be smart and control your risk.
Ending the day strong with strong stocks!Again we are talking about low float and high gap stocks with high relative volume (MACD above 0, and KDJ intersect going up), rest is pure garbage. Focus on those criterias I mentioned and go down the list of the scanner to find the ones that meet the criteria.
LI Retest GapNASDAQ:LI has retested the Nov 12 Gap and bounce off from that support zone. Potentially a lot of buyers bought this support throughout the day. Even end the day that is some big buying was happening (if look at 5 mins chart). Plus Relative Index side also gained some 4 points. This chart in fact to me looks similar to NYSE:NIO support zone 38.7. The only negative side I see is it's under the 50ma if the close above that moving average in a day or two then it's a positive sign.
DIS 12/21/2020 LongDIS gapped up on heavy volume over a significant level that it was bumping up against & has spent six days digesting these higher prices.
I bought a half-sized position on Monday (12/21/20) when the market gapped lower due to a new COVID strain mutation in the U.K. I believe that the market is over COVID & has been for some time. Unless there is a negative development on the vaccine front, Pumpin' Powell is going to be able to continue inflating the asset bubble. The DIS pullback also coincided nicely with a bounce off of the 9-day EMA.
My initial stop is below the low of the gap-up day. I'm looking to add larger size on a break of Monday's highs circa $172. I would also be willing to add on a false break & quick reclaim of Monday's lows, at which point I would move stops up to just below the false break.
AAPL: Bullish patterns and new target.Hello traders and investors! Let’s see how Apple is doing today!
First, Apple is finally defeating the blue line we discussed in my last analysis (link below), and the 21 ema is finally pointing up again, meaning we have the beginning of a bull trend in the short-term. Also, we have a Breakaway Gap , which usually is a powerful sign that a new trend just started.
The blue line at $ 125.39 and the 21 ema are future supports if the price drops, and so far, we have no reversal or pullback sign.
All of this look good, and this may be the beginning of a new trend, but let’s look if the daily char follows the logic seen in the hourly chart:
Ok, AAPL hit our target at the 21 ema, as we were expecting in my previous analysis, and now is doing a good bullish sign over here.
The blue line is a Pivot Point , and AAPL did a breakout with a very good volume . This indicates that the bias is still bullish and so far, no pullback or reversal signs here as well.
Even if AAPL drops, the 21 ema and the purple and blue lines are there to hold the price. So, we have several supports and no meaningful resistance except the ATH. Let's see if it'll hit there!
So, what’s the next target for AAPL? If it keeps above the blue line, the ATH is the next target for us. And if you liked this analysis, please support it! And remember to follow me to keep in touch with my daily analyses!
Thank you very much!
ZS - Bull Pennant (Long) opportunityZS consolidated for 3 months below a resistence @ 163 before finally breaking up strongly on 3rd December, propelling it into all-time-all (ATH). This is significant as ATH stocks tend to trend for some time, having no prior "resistences" to suppress it's upward momentum.
It has been consolidating in a bull pennant for the past 2 weeks and is looking like it could be breaking out of this pennant in another week or so.
Long with initial stop a few ticks below 172 (the low of this bull pennant). Should it break, manage the trade with trailing stops.
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. Thank you. Feel free to give me your thoughts ! :)
GBPUSD: Sell from the top to fill the gapHere as you can see the market is at a very critical area, which is a strong resistance zone.
--> Our target is to fill the gap at (220 pips).
--> Our Stop Loss both covers the previous high and gives an extra breathe for the market to reverse.
--> Risk to Reward is at 1:4.
HAVE FUN & HAPPY PROFITS ! ! !
For those who do not know which position to open ... BTC/USDT
Hello dear friends.
In the previous idea:
"W-TOP WHERE THE PRICE WILL GO"
I described with accuracy from which zones it is worth buying and in what range to work.
Now I will describe in more detail:
FLAT range
19015-19305
In order to be even more specific, you can break it down along the extreme peaks (19300 - 19000),
and you need to be extremely careful, because at 2h TF, you MAY make a false breakdown of the level 19450-19500, and from there, lower the price lower. And I will say that this will be of higher priority than entering a long position.
Since we have a CME margin target area.
and 100% of this margin at around - 18250 BTC / $
You can only open a long position if the price breaks out on the impulse and fixes there, at 4h TF LEVEL - 19550.
Only then long position, to update 19950 - 20275 - 20500
Why did I open a short position from 19200 without waiting for the breakdown of the lower boundary of the channel.
Because for me there are many obvious facts that tell me about the decline.
And several people who trade with me wrote messages that from Karl "the moon"
It is about going up, and that many do not agree with me that we will fall.
Perhaps I am not a wang, but I only trade as the market tells me to.
I expect after December 16, a strong and impulsive price decline.
In the meantime, we are flat.
because we have new targets for CME
we have a big gap in price
18100-19150
We have a triple top (maybe not at these marks), but I hope so, and we have
large imbalance in the market.
Market maker levels - strong ranges: 19275-19430.
AND
18400-18275
Raiden Recourses looking BULLISHRaiden Resources Limited (ASX:RDN) is an ASX copper-gold exploration company focused on discovering large scale mineral deposits in the world class Tethyan region of Eastern Europe. Raiden operates in low cost and mining friendly jurisdiction’s which remain underexplored, seeking to systematically apply modern exploration techniques to discover Tier 1 projects.
Bullish Outlook:
- Falling Wedge Continuation Pattern
- Bullish Break of Downtrend Trendline
- Fractal and TB Fib Extension Targets Aligning
- Volume returning
- Fundamental News as Exploration Begins 09/12
Bearish notes:
- Unclosed GAP 0.023-0.025
"DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
to gap or not to gapSo, its no secret that performance has been persistent over the last few months. Only up. Keep it up, push it up, buy it up. Think that's the top? wrong, buy it up.
Steam always runs out, there is no such thing as perpetual motion however statistically speaking, we tend to feel as though movement is perpetual during parabolic change. That's why we use logarithmic scaling to sift through the noise.
It seems as though nothing has been stopping us recently, we have had a great climb and nearly kissed 20k. The question is, does the 19.8k we hit become this bullrun's legacy, or shall we continue another push to retest the iconic numbers everyone is so fixated on. 19.8 was already an ATH, so there is the first justification for a top. We are also eyeing the floor of a dirty CME gap that formed over the weekend right below 17k. Typically these fill in their entirety, at least to half of the gap distance. Given the over extended nature of our current level, I would anticipate full gap closure. Selling anything above 18375, and buying anything below 17k. Large offset orders have been placed just south of 14k, 15k, and 16k to utilize any extreme drops to my advantage.
Cheers
Jets with good risk reward ratioThis is one of the industries mostly beaten down by pandemic. As we have now positive news about vaccination I think this industry due upside. Another bullish sign as per technical 20MA cross above 50MA and 50M above 200MA. Most of the airline stock ticker has a similar chart pattern. As per chat setup, this has a good risk-reward ratio. Play strategy
- Buy around 22.06 which is the nearest support. Stop-loss 20.56.
- Potential target 29.25 where the gap
- P:L = 32:6
CRM - accumulateCRM is now 20% off it's August's high after it gapped down upon announcing it is buying Slack. As a buyer, it drags down the stock in the near term but for the longer term, I believe the synergy is good.
Technically, the stock has found support @ 216 (Gap fill) and has quickly rebounded to close right at the 38% fib retracement level @ ~ 220. There is now a confluence of gap fill, 38% fib retracment support and bullish divergence between price and stochastic. Hence I believe the odds of CRM going any lower than 216 is slim.
Looking to accumulate between 220-225 with initial stop just below the recent low at 216. Mid term target of 263-270. I do not expect the stock to roar back to life so quickly however. Will need some patience. :)
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. Thank you. Feel free to give me your thoughts ! :)