GOOGLE: Where are they going after earnings? Let's talk about itWHERE WILL GOOGLE GO AFTER THEY REPORT EARNINGS ON TUESDAY?!
NASDAQ:GOOG NASDAQ:GOOGL
In this video, we will review 3 key items that give us the best probability of predicting where they will go.
1⃣ See if it meets my "High Five Setup" trade strategy
2⃣ Why it's BUY according to my Valuation Metric Tool (6/6 score) I WANT A DIP!
3⃣ Look aHEAD to find out 👇
Video analysis 4/5. Stay tuned!🔔
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Is this MAG7 name finally going to play catchup to its siblings? Drop a comment below.
Not financial advice.
Head and Shoulders
Groupon long position/swing trade idea - $NASDAQ:GRPNNASDAQ:GRPN may be a long from here. It put in a monthly indecision candle last month, along with a relative volume per range signal, after sweeping below a pivot near an area of interest. Also swept under prior weekly low and reversed, heading back toward prior week high.
I've started a tiny feeler position today looking for a potential weekly breakout and run up toward the highs around 19-20 and beyond, perhaps even starting a long run back up to the IPO price. I will tighten and add more if it takes out the weekly high.
Normally in this distribution I would only look for a long if it first dropped to $7.5, and it may still do that or continue lower, but the monthly relvol signal made me want to make an attempt at this one from here. Monthly and quarterly relvol signals tend to lead to the best trends.
XAUUSD: Bullish trendToday, gold has tested the support at the 2732-2728 range again. So far, the support remains intact, and the short-term trend is still leaning towards a bullish outlook. Based on this, the primary trading direction in the current session remains bullish.
From a technical perspective, gold is likely to continue its upward momentum in the near term. The key resistance zone to watch on the upside is between 2750 and 2758. It is worth noting that a resistance level has emerged around 2745 since the market opened yesterday.
However, given the overall trend, this resistance does not pose a strong technical barrier at the moment, and a breakout above this level is not expected to face significant difficulty.
Therefore, if gold can break above the 2745 level, there is a high likelihood of further gains towards the 2750-2758 range.
COCO - 15 months HEAD & SHOULDERS══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
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GOLD SHORT ENTRY
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals.
If you like this idea, do not forget to support with a like and follow.
Traders, if you like this idea or have your own opinion, please feel free command me.
NZDCHF LONG Market structure Bulliish on HTFs DH
Entry at Daily AOi
Weekly Rejection at AOi
Daily Rejection At AOi
Potential Head and shoulder Pattern on the Daily
Previous Daily Structure Point
H4 Candlestick rejection
Potential Head and shoulder Pattern on the 4-hour
Retest of the trendline
Rejection from Previous structure
Levels 6.48
Entry 80%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
US CRUDE OIL (WTI): Another Classic Gap TradeAnother potential short trade opportunity is available on 📉USOIL.
The formation of a head and shoulders pattern on a significant daily/intraday resistance level could serve as a strong signal for a bearish trend.
We anticipate a price increase to at least 70.24.
VECHAIN another failed blockchainThis chart is of #VET priced in #BTC
A massively hyped supply chain project.
Another problem that didn't need solving by cryptography.
The chart has a massive head and shoulders is below a major previous low
and after this bull run, I can envisage losing more value.
#FinancialDamage
BITCOIN BULLISH H&S ON W1 to possible $89000BITCOIN Fails to break below a Demand Area, confirming a clear H&S as we close on the W1 Timeframe. Using Fibonacci, we are looking directly towards $89000 minimum. M1 also will create a very bullish Cup & Handle price action. Any trader/investor will not miss this rare opportunity.
Inverted Head & Shoulders Pattern on ATOMBINANCE:ATOMUSDT
ATOM apparently is making an Inverted Head & Shoulders Pattern on the daily timeframe. To confirm it, it needs to break above $5.20 USDT. If it does, the price target would be about $6.80 USDT. To deny, it needs to break below $4.00 USDT.
Good luck to you
IONEXCHANGE NSE FLAG&POLE BO WTF SWING/POSITIONALIONEXCHANGE STOCK Analysis
TRADE PLAN (DTF Close Price for SWING)
ENTRY -687 25 to 50% Qty, Add 50% qty 710 DTF Close
SL -605
TARGET -SWING 768, 01-991
Hold For a 1-2 Year or TGT 01
Chart Pattern :
STOCK was in a BEARISH SUBTREND for 8M touching the previous ATH of 687, with 1Month Streak to Touch an new ATH of 768, after retracing and BO of the 8M RBC its showing signs of Recovery forming a Bullish Flag Pattern from in 50-61% FIBO Level .
INDICATORS EMA :
The Price is Currently Trading above 50EMA, and 20EMM below 50EMA in DTF. STOCK EMAs are currently in Transitional stage of alignment, indicating early start of a bullish reversal Trend on DTF/WTF.
FIBO/E :
Currently the price has recovered above 61.8 to 50% FIBO support Level, Early Entry can be take as per your risk ability. Safe Investors Enter above 686 with 25% Qty and Add progressively after a retracement.
Volumes: There is a uptrend in Volume on the Weekly Charts since June and above the 20VMA.
Keep in your Priority Watch List
Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk appetite (Exit when price closes 7to8% below your Entry).and re enter when trend reverses in the direction of your POV...
Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended.
MTFA- Multiple Time Frame Analysis
DTF -Daily Time Frame
WTF-Weekly Time Frame
MTF- Monthly Time Frame
ATH-All Time High
LTH -LifeTime High
RBC&H-Rounding Bottom Cup/Handle
BO- Breakout Close
EMA -Exponential Moving Average
FIBO R/E -Trend based Fibonacci Retracement/Extension
SL Stop Loss
TBD- To be Decided
CHoCH- Change of Character Bullish/Bearish
MSB/BOS -Break Out Structure
FVG Fair Value Gap
20VMA -20Volume Moving Average
SWING/POSITIONAL Trade
3 peaks reversal #spx #au $spx $auHad to switch to NYSE:AU for my #gold stock vs the stock market ratio chart because NYSE:NEM bad quarter skewed the chart too much.
For your viewing pleasure and to come up with your own ideas.
Is this a beautiful {three peaks} top?
Is this a possible 1976 moment? Or a 2000 one?
DJT - Parabolic Move IncomingPolitics aside, NASDAQ:DJT is about to begin the most insane of rallies. This chart for me is as clean as they come!
Recent Price Action
The last 2 days of October saw a ~45% correction, completing an Elliott Wave 2 correction.
This after a bullish initial Wave 1 formation saw it go beyond even the most bullish of bullish initial price targets, in just 2 weeks flat.
Price had prior to that been compressed inside a downwards-pointing wedge pattern (orange lines), since late March 2024. Over-shooting below it even, which is one of my most favourite bullish chart patterns.
After breaking out of that, it is now not-only putting the finishing touches to an Inverse Head & Shoulder pattern (grey lines)... but when it does so it will also complete a massive Cup & Handle formation (white arrows).
Future Price Targets
The initial target (T1) from this move would be $570 (18x) in a very short period, perhaps even just 2 months. This would coincide with the 1.414 fibonacci level from the previous introduction of this stock (formerly DWAC) to public markets.
Thereafter, an extended 5th wave target of $1,030 (33x) could be reached somewhere between early February and late May 2025. This coincides with the 1.618 fibonacci level (darker blue T2 line).
Price as of today has back-tested the red horizontal line, in very quick fashion. This is the 0.382 fibonacci level.
Next Up...
Price may well end-up sideways on Monday and going into Tuesday's pivotal election day - which may allow the RSI to come back a little more to the mid 40s on this timeframe, to retest the RSI bull zone for support.
From there I expect late Tuesday early Wednesday NASDAQ:DJT will have had a sufficient amount of time to cool-off - such that we can call the completion of a Wave 2 correction. Before the hugely exciting 3rd & 5th waves await us.
Possible Elliott Waves
Wave 1 - $12 to $55
Wave 2 - $55 to $30
Wave 3 - $30 to $570
Wave 4 - $570 to $140
Wave 5 - $140 to $1,030
Sounds ridiculous, right?
Short squeeze, or election euphoria - call it what you want. But if you thought you'd seen NASDAQ:DJT volatility in recent days, think again. This is an incredible opportunity - with many many patterns aligning. NASDAQ:DJT has a lot of room to the upside still from here. Not sure this stock can any longer be suppressed.