IEX Bullish confirming Shark PatternIEX has confirmed Shark harmonic pattern. Supporting to this, RSI & MACD both are in positive direction.
Target1: 180/185,
Target2: 200/210
Moving Averages
TSLA has room on the daily chart for continuation.NASDAQ:TSLA has been on a strong run since the daily 50 SMA reclaim last week. If TSLA continues to build above $222 and takes out today's highs, there is room on the daily chart to $230 and $240 in subsequent days.
ATH still have a long way to goAs much as I love the project fundamentally and hope for its success, technical analysis suggests there's still a long way to go.
The downward momentum began after a strong bounce on the 12H timeframe, and it's still showing significant strength. However, this could slow down soon and potentially reverse once it reaches the Fibonacci 1.3 range.
50 SMA Rising - Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
It 50 SMA Rising. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
50 SMA Rising - Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
It 50 SMA Rising. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
Darvas Box Strategy - Breakout StockDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only.
Stock has given break out. Buy above high. Keep this stock in watch list.
Buy above the High and do not forget to keep stop loss, best suitable for swing trading.
Target and Stop loss Shown on Chart. As Stop loss is Big, Risk to Reward Ratio/ Target Ratio 1:2.
Be Discipline, because discipline is the key to Success in Stock Market.
Trade what you See Not what you Think .
Darvas Box Strategy - Breakout StockDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only.
Stock has given break out. Buy above high. Keep this stock in watch list.
Buy above the High and do not forget to keep stop loss, best suitable for swing trading.
Target and Stop loss Shown on Chart. As Stop loss is Big, Risk to Reward Ratio/ Target Ratio 1:1.
Be Discipline, because discipline is the key to Success in Stock Market.
Trade what you See Not what you Think.
Darvas Box Strategy - Breakout StockDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only.
Stock has given break out. Buy above high. Keep this stock in watch list.
Buy above the High and do not forget to keep stop loss, best suitable for swing trading.
Target and Stop loss Shown on Chart. As Stop loss is Big, Risk to Reward Ratio/ Target Ratio 1:1 & 1:2.
Be Discipline, because discipline is the key to Success in Stock Market.
Trade what you See Not what you Think.
Flash Crash to $490?War with Iran and market finally pricing in low growth can have a nice flash effect to $490.
I also think the higher probability trade would be a dead cat bounce or reversal, as peak fear enters.
Darvas Box Strategy - Breakout StockDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only.
Stock has given break out. Buy above high. Keep this stock in watch list.
Buy above the High and do not forget to keep stop loss, best suitable for swing trading.
Target and Stop loss Shown on Chart. As Stop loss is Big, Risk to Reward Ratio/ Target Ratio 1:1.
Be Discipline, because discipline is the key to Success in Stock Market.
Trade what you See Not what you Think.
Darvas Box Strategy - Breakout Stock Disclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only.
Stock has given break out. Buy above high. Keep this stock in watch list.
Buy above the High and do not forget to keep stop loss, best suitable for swing trading.
Target and Stop loss Shown on Chart. As Stop loss is Big, Risk to Reward Ratio/ Target Ratio 1:1.
Be Discipline, because discipline is the key to Success in Stock Market.
Trade what you See Not what you Think.
If you see this scenario plays out - RED FLAG!If you notice the faster moving averages diving below the 🌕 slow moving average, be cautious. Such crossovers are strong algorithmic signals, indicating a downturn in market momentum.
BlackSky | BKSY | Long at $1.09BlackSky Technology NYSE:BKSY is a small company focused on satellite imagery tech. It's another name from the SPAC-boom era that suffered a massive price drop - reaching a high of $17.41 in 2021 and a low of $0.86 in 2024. However, based on my selected simple moving averages (SMAs), there may be a price "influx" soon as it merges with its primary SMA (white line) and consolidates further or rises. Fundamentally, the company needs more time to prove itself as a growth/earnings generator, but in the near"er"-term, there may be some price movement in its future. It's currently in a personal buy zone at $1.09.
Target #1 = $1.50
Target #2 = $1.75
Target #3 = $2.00
Moil, 200 dma support and rsi divergence, ready for reversal ?Moil, 200 dma support and rsi divergence, seems it's ready for reversal.
good fundamentals
TA Potential LongTA showing potential here. Just taken the 236 but has a lot of work to do to get going. Trend line resistance followed by the Weekly then Monthly 200MA. Will monitor and adjust alarms accordingly. I will add I do not normally worry to much about the Monthly 200 however we seemed to have pulled back from it in 06/22
The SAFEST Entry Technique - 18 Period Moving Average MethodA great deal of viewers have contacted me asking how I "time" the market. In other words, once I've identified a market as "set up" (via COT strategy or Valuation Strategy), how do I get into a trade.
This video is the first in a series that will outline the entry techniques that I use.
18 PERIOD MOVING AVERAGE ENTRY METHOD:
By far, this method is the safest change of trend confirmation that you will find. There are other entry techniques that will get you into the market sooner, sure. But those other entry techniques come with greater risk, and could be called "bottom picking" to some degree.
The 18 Period MA Entry Method is simple.
STEP 1: Plot the 18 period SMA on your chart based on the closing price.
STEP 2: For LONGS , you need to see two full range candles form ABOVE the MA. From there, mark out the highest high of those 2 candles. When price trades up into that high, the trend has officially changed to bullish. For SHORTS , you need to see to full range candles form BELOW the MA. From there, mark out the lowest low of those 2 candles. When price trades down into that low, the trend has officially changed to bearish.
CAVEAT: We do not count inside bars (bars that form within the range of the previous candle). If you see inside bars, skip them and continue your 2 bar count.
STEP 3: Enter at market when high/low is breached. Risk management is something I will review in another video, but generally, I add/subtract 120%-150% of the 3 bar ATR.
CLARIFICATION: To be clear, this entry technique should not be traded blindly. You need to have a REASON to take the trade (for example, COT strategy suggests a market is setup for a trade, or the Valuation/Ducks in a Barrel setup suggests a market is setup for a trade).
CREDIT: I credit Larry Williams, Tom DeMark, Brian Schad & Jake Bernstein for their influence in these ideas.
If you have any questions about this entry technique, feel free to shoot me a message.
Good Luck & Good Trading.
Bitcoin rejected the $58k levelBitcoin was rejected from the $58k level yesterday. Right now, I could see a move higher, but until the trend has changed, we will continue to make lower lows. One level to keep an eye on is still the low at $54.5k.
Will Bitcoin Repeat? A Theory!I really like using Heikin-Ashi candles, the MACD, and Stochastic RSI to try to find potential tops or bottoms. This can be done on any time frame, but remember: the lower the time frame, the smaller the impact, and vice versa. I used this approach to almost call the bottom in October 2022 and early 2023 (You'll find a Post on that on my X Account)
Theory:
The current market behavior seems eerily similar to the last bull run. During that time, after Bitcoin hit its first "top," it then sharply corrected by about 50%. Bitcoin has already had a 30% correction at the moment, but it may fall another 20%, meaning a price of about $34,000.
Following that correction, in the last bull market, Bitcoin received a strong push to the upside, having roughly 135% growth that, in the end, marked the cycle top. If Bitcoin corrects to $34,000 now and repeats the move, a 135% rise would place it at about $79,000.
When looking at the MACD during the previous bull market, after the first sell off, the averages began to squeeze before taking the final bearish cross. In this process, the Stochastic RSI deep-cooled off, which helped it gather strength for one last push to the upside.
Again, that's only a theory, but it's something worth keeping a close watch on. Nothing is guaranteed.
Darvas Box Strategy - Breakout StockDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only.
Stock has given break out. Keep this stock in watch list.
Buy above the High and do not forget to keep stop loss best suitable for swing trading.
Target and Stop loss Shown on Chart. As stop loss is Big Risk to reward Ratio / Target - 1:2.
Be Discipline, because discipline is the key to Success in Stock Market.
Trade what you See Not what you Think.
Darvas Box Strategy - Breakout StockDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only.
Stock has given break out. Keep this stock in watch list.
Buy above the High and do not forget to keep stop loss best suitable for swing trading.
Target and Stop loss Shown on Chart. As stop loss is Big Risk to reward Ratio / Target - 1:1.
Be Discipline, because discipline is the key to Success in Stock Market.
Trade what you See Not what you Think.
TSLA daily chart shows clean channels for trading this week.NASDAQ:TSLA has clean channels on the daily chart, both to the upside and downside, for trading this week. TSLA closed just below the daily 10 SMA, which is the next key supply it must reclaim before going higher and potentially testing the daily 325 SMA and daily 50 SMA just above that. If it can reclaim the daily 50 SMA, along with NASDAQ:QQQ building a strong base above its own daily 50 SMA, then TSLA will be in a strong position to push higher to the daily upper Bollinger Band, while continuing higher on the C to D leg of the Gartley harmonic discussed previously.
Alternatively, if QQQ continues to reject the daily 10 SMA and loses the daily 50 SMA demand, TSLA may lose its daily 200 SMA. This would invalidate the Gartley harmonic and TSLA would trade down to the next daily demand, which is the rising daily 100 SMA. I continue to be positioned long into next week, because I believe the upside potential is stronger on this name; however, it is important to always be prepared for both bullish and bearish scenarios in order to execute with confidence during the trading day.
BAY LongLooking for a ride up to the 50% retrace on this one, usual SL management. Pretty tight stop, we'll see how it rolls.
BITCOIN BULL & BEAR SCENARIO FOR THE REST OF THE WEEKIn this scenario, we retest $58k and move lower to reach the low at $54.6k. These price moves should be watched closely as they can become volatile with falling stock prices and economic data. Today the JOLTS job openings will be released which could cause volatility. If the economic data turns out to be bad for the dollar in the next few days, the upside scenario could continue and we would re-enter the area where we are trading sideways.
