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Goated

Nasdaq100 BUYS This is my trade idea for NASDAQ 100 right now I see price currently making a higher low and I’m just trying to catch the move while the higher low is forming. This higher low can be found on the 4 hour/ Daily time frame. I think this is a good area to buy because of how many confirmations I have one this trade (1) Higher low (2) 3rd trend-line touch (3) 61.8- 71.6% fib level (4) Supply Zone. This is a great area to buy in to look for a high reward and low risk! You may spread entries throughout the drawdown area but always know what you are risking. 150 point stop loss in order to gain over 500+ points. 3:1 R2R
OANDA:NAS100USDLong
by IG_Robtrades
$TSLA bear case: rip then dip to 700TSLA is following this downtrending pitchfork and has picked up buyers at the 1.618/1.65 (golden & orange zones). I am expecting momentum to swing past the median and look for buyers in the outer supply zone at 1000. If the stock is bearish (for whatever reason) then I'll be watching for a pullback to the previous VPVR zone at 916 then bounce up to 983 to see if there are still buyers at the higher prices. I'll be watching Pleides, Noya, and Lyra indicators to see if buyers are stepping up to buy. If buyers aren't showing up to buy the dip then be prepared for a flush to 800, bounce then back down to 707.
NASDAQ:TSLAShort
by GammaRayGoated
1
$ZM to 257 by May 31st if US10Y cools offUpside Targets: 193.99, 257.52, 291.18 Downside invalidation: weekly close below .854 fib (138.04) Welcome to 2022 and it looks like Zoom could be forming a bottom here on the .854 fib retrace. If it loses this level then it is extremely clapped and I would just bury this into the ground. If the bullish sentiment picks up I can see this going along for the ride for a trip up to $257 by end of May. If the US10Y (white line) cools off I could easily see this stock continue to follow that trend and get some momentum to the upside. The upside risk to reward seems quite good. You can set a stop below the .854 fib and move on if it continues to die. Lyra is currently showing a multi week divergence of money flow going in while price seems to be bottoming out. Volume indicators seem to be showing less and less selling volume over time meaning that we could actually have seller exhaustion. If we start to see increased volume with price going high I will def take this one for a ride up.
NASDAQ:ZMLong
by GammaRayGoated
$CAT downside to 186, 173, 150CAT has slowly been unwinding with lots of volume on every move to the downside while seeing lower relative volume of buyers bidding up the price. I'm looking for CAT to make one more swing up to look for any buyers near 208 and 217 areas. If we get a rush of volume to support the move then we should the continued trend to the upside of the pitchfork. Downside: I've left my fib levels to watch for areas of rejection. I'll also be taking a look at volume and strength of buying vs selling to look for weakness to the downside. Should we lose the pitchfork median we will easily go to 150 by summertime (or even after earnings). There are some headwinds away with the build back better plan possibly being killed, issues with supply and manufacturing in China, etc.
NYSE:CATShort
by GammaRayGoated
$SPY still holding on the trendSPY is still following the trend since the covid lows. This pitchfork captures the median move and last weeks huge buying to selling volume (BS indicator) shows this could be the bottom for the corrective move. I'm planning for two scenarios. 1.) Bullish reversal that will tag the upper pitchfork over near 570 by mid-summer. I'll be watching the volume with the indicators for continued confirmation. 2.) If we get strong selling this week and close beneath the pitchfork trend then we are likely going to establish a new sideways or down trend.
AMEX:SPYLong
by GammaRayGoated
1
$SMH Bear Flag, Dip & RipSMH has sold off through the median of the pitchfork with more volume than the uptrend (Oct 21 to Nov 21). There is a likelyhood that we are doing "as above, so below" pattern where the price rejects the upper channel, supply exhausts, then comes back down to mirror down below to look for demand. As of now SMH is hammering near the outer channel. I'll be looking for a low volume bear flag where bulls try to drive the price up just beyond the gap fill. Shortly after it'll be key to watch the bears step in and drive price down to 252. After a bit of accumulation, should we continue to stay in this trend (since COVID) I can see the price quickly moving back to the median shortly after options expiration in Feb.
NASDAQ:SMH
by GammaRayGoated