MAG7 MODEL Rally is going to be in the form of ABC up The chart posted is the Mag 7 .I feel strong that the super cycle Top in the mag 7 was seen like January 2000 in the internet Bubble . I am counting a clean 5 waves down and see a strong ABC rally phase like that in 2000 then we dropped about 30% in the first leg down followed by a huge Bearish rally back up first leg up moved to the 50% retracement and then had a abc down for wave b of B to be followed up to .618 of the decline to form THE B Wave TOP . I am looking forward in my work and my models to see a near prefect rematch in the formation . I stated in my dec 8th forecast How the market will unfold based on the Wave structure and cycles and the DATA . We are now set for that abc rally . next turn date in spirals in 3/28 best of trades WAVETIMER
MAGS
$MAGS: Magnificent Seven ETF – Tech Titan or Overhyped?(1/9)
Good afternoon, everyone! ☀️ CBOE:MAGS : Magnificent Seven ETF – Tech Titan or Overhyped?
With MAGS at $46.85, is this ETF a powerhouse of tech giants or just another bubble waiting to burst? Let’s decode the code! 🔍
(2/9) – PRICE PERFORMANCE 📊
• Current Price: $ 46.85 as of Mar 18, 2025 💰
• Recent Move: Likely up, reflecting tech sector strength, per data 📏
• Sector Trend: Tech stocks soaring with AI and cloud hype 🌟
It’s a tech fest—let’s see if it’s worth the buzz! ⚙️
(3/9) – MARKET POSITION 📈
• Market Cap: Approx $1.87B (assuming 40M shares) 🏆
• Operations: Tracks Apple, Microsoft, Amazon, Alphabet, Meta, Tesla, Nvidia ⏰
• Trend: Dominant players in tech, driving innovation and market trends 🎯
Firm in the heart of Silicon Valley! 🚀
(4/9) – KEY DEVELOPMENTS 🔑
• Tech Rally: Magnificent Seven companies hit new highs, per data 🌍
• Earnings Season: Strong Q4 results from underlying firms, per posts on X 📋
• Market Reaction: MAGS up, reflecting sector momentum 💡
Navigating through tech’s highs and lows! 🛢️
(5/9) – RISKS IN FOCUS ⚡
• Regulatory Scrutiny: Antitrust concerns for big tech players 🔍
• Market Volatility: Tech stocks prone to swings due to innovation and competition 📉
• Economic Factors: Interest rates and global economic conditions impact growth ❄️
It’s a risky ride—buckle up! 🛑
(6/9) – SWOT: STRENGTHS 💪
• Industry Leaders: The Magnificent Seven are pioneers in their fields 🥇
• Growth Potential: AI, cloud computing, and other tech trends fuel expansion 📊
• Dividend Payouts: Some companies offer dividends, adding income potential 🔧
Got the best of both worlds! 🏦
(7/9) – SWOT: WEAKNESSES & OPPORTUNITIES ⚖️
• Weaknesses: High valuations, potential for overinvestment 📉
• Opportunities: Emerging technologies like quantum computing, biotech integration, per strategy 📈
Can they stay ahead of the curve? 🤔
(8/9) – POLL TIME! 📢
MAGS at $46.85—your take? 🗳️
• Bullish: $50+ soon, tech’s unstoppable 🐂
• Neutral: Steady, risks balance gains ⚖️
• Bearish: $40 looms, overhyped and due for correction 🐻
Chime in below! 👇
(9/9) – FINAL TAKEAWAY 🎯
MAGS’s $46.85 price reflects the dynamism of the tech sector 📈, but with risks from valuations and regulatory pressures 🌿. DCA-on-dips could be a strategy to manage volatility. Gem or bust?
DOW JONES INDUSTRIALS HAS TOPPED Wave 1 down is in The chart is that of the DJI similar to the NYA pattern . I have now a clean 5 waves down I would look for a ABC in the NYA and DIA the next 3 td and we should see new records highs in QQQ SPY and MAGS . I will wait to enter my positions in puts next week . I have said I am Bullish the US $ for 2025 and see 117/121 handle . Best of trades Wavetimer .
In the Green: Roundhill Magnificent Seven ETFNASDAQ:MAGS looks extremely bullish.
Last week price action printed a massive bullish engulfing bar and RE bar above previous all time high signaling lots of strength. It is highly unlikely we get a second ideal entry opportunity but in the case we do, dca at around $50 is the way to go.
There is a bullish time at mode confirmed
- Expiry set by the end of November
- Next target is $55
TSLA: Seize the chance to buy low!NASDAQ:TSLA
Currently trading at $219, TSLA recording a very weak reaction to the recent robotaxi news. However, with a neutral to bullish stance reflected in its technical indicators, I foresee a medium-term buying opportunity with a highly favorable risk-reward ratio of over 3:1.
Let's see the details:
Weekly Technical Analysis:
Oscillators
Relative Strength Index (RSI) (14):
Value: 50.72
Action: Neutral
Stochastic %K (14, 3, 3):
Value: 53.33
Action: Neutral
Awesome Oscillator:
Value: 36.23
Action: Neutral
These oscillators in neutral territory leave ample room for the stock to run in the current favorable market conditions, furthermore:
MACD Level (12, 26):
Value: 9.06
Action: Buy
Momentum (10):
Value: 18.17
Action: Buy
The combination of MACD and momentum indicators points to bullish potential that could propel the stock in the coming weeks.
Now let's examine the trend analysis
Moving Averages:
Short-term (10, 20): Both EMAs and SMAs are currently in sell territory, indicating potential resistance at these levels.
Medium-term (30, 50, 100): These moving averages are signaling a buy, suggesting a transition to a more bullish phase.
While short-term sell signals from the analyzed moving averages indicate that selling pressure remains, the medium-term outlook is significantly more supportive of a bullish scenario. Along with oscillators, this tilts the balance toward the buy side.
Trading Strategy
Entry Point: Consider entering a long position at the current market price, with a stop loss set at $198 to protect against potential downside.
Target Price: Aim for a target of $283, which offers strong upside potential relative to the risk.
Risk-Reward Analysis
The risk-reward ratio for this trade is compelling. With a target of $283 and a stop loss at $198, this setup offers significant upside, with potential gains exceeding the risks by more than three times.
Conclusion
Given the current technical indicators, Tesla presents a promising opportunity for traders. Bullish signals from the MACD and momentum indicators, combined with strategic entry and target levels, suggest a strong potential for upward movement. However, remain vigilant and adjust your strategy as market conditions evolve.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Trading involves risk, and you should do your own research before making any investment decisions. Past performance is not indicative of future results.
TSLA Keep Falling Ahead of the Robotaxi EventTesla (TSLA) has been experiencing a notable drop, currently trading at $233.72, down 3.04%. A look at technical indicators across multiple time frames reveals persistent selling pressure:
NASDAQ:TSLA Indicators:
2-Hour Indicators:
Relative Strength Index (RSI) is at 29.50, approaching oversold levels, indicating potential exhaustion in the selling pressure but not yet confirming a reversal.
MACD remains negative at -2.55, signaling continued downward momentum.
Exponential and Simple Moving Averages across multiple periods (10, 20, 30) are all showing a "Sell" signal, highlighting a bearish trend.
Momentum (10) is at -7.86, also pointing to weakening price action.
30-Minute Indicators:
RSI at 24.29 is deep in oversold territory, suggesting the possibility of a short-term rebound or consolidation.
The MACD is negative at -1.32, reinforcing bearish momentum in the short term.
Both the Exponential and Simple Moving Averages (10, 20, 30) reflect consistent sell signals.
Conclusion:
Tesla's current price action is under significant downward pressure, with multiple indicators pointing to further declines. However, with the RSI nearing oversold levels on both short and medium-term time frames and the highly anticipated Robotaxi event scheduled for later today, increased volatility is almost guaranteed. This event could serve as a potential catalyst, either stabilizing the stock if news is received positively or leading to further declines if market expectations aren't met. Caution is advised as the stock navigates this critical juncture.
Magnificent Seven ETF: Predicting the Next Market Movers!NASDAQ:MAGS has broken above previous highs and is currently trading above key level.
It has now formed a trading within a range and the strategy here is simple. Risk on upon a strong break above and risk off upon a break of the lows.
Either way we are macro bullish but in case we get the ideal retrace this will be a perfect time to position ourselves in the tech stock sector.
Microsoft $MSFT Best RR rn. LONG WE GOAs advised in our last Zelf Trade report, we have now reached our ideal long entry for a swing trade. Price just took liquidity off the lows of $387 level and we are at the best risk reward entry.
A long at market price or entries closest to $390 and we’ll be targeting $425 ish at first.
Low of $383 must be respected.
MAGS REACHING A TOPPING LEVEL?MAGS has broken the last correction with a strong impulse driven by news. I'm looking for this potential topping level on daily chart for a bigger correction. A strong breakout above the upper trendline invalidates this setup.