Tesla Rebounds From Multi Year Key SupportTesla's shares rose after the announcement of new models.
Tesla shares (TSLA) rose 12 percent in post market trading on Tuesday, tracking gains in the U.S. market after the electric vehicle maker promised new, more affordable models.
Tesla said on Tuesday it would introduce new models by early 2025 using its current platforms and production lines, while backing away from more ambitious plans to produce an all-new model expected to cost $25,000.
The rise in Tesla shares provided a much-needed boost after Tesla struggled for months with tough competition and declining sales.
In technical terms, Tesla shares are supported by a multi-year uptrend.
In addition, resistance trend line is also pointed out.
NASDAQ 100 CFD
USTECH Trade Plan Timeframe: 1DUSTECH Trade Plan Timeframe: 1D
#NDX100 #NASDAQ #USTECH #USTECH #TradingOpportunity #Divergence #TradingSignal #USTECHtradingsignal #Forex
Hey traders! 👋 Let's dive into a potential trading opportunity on the USTECH pair using technical analysis. 📊
📉 Previously Bullish Trend:
Firstly, on the 1D- timeframe, we've been witnessing a Bullish trend in the USTECH pair. 🐻
🔄 Bullish Flag :
However, it's crucial to note that recently, we have started to observe a Bullish Flag pattern on the One Day Time Frame. This is an important signal that the Bullish momentum might be More Stronger. 📉🔄
📊 Trade Opportunity:
Currently, we are looking at a potential trade opportunity with a Bullish bias.
📈 Entry Price: 15940
🎯 Stop Loss Level: 14042
🚀TP1: 17826
🚀TP2: 19711
💰 Investment Advice:
Please remember that trading carries risks, and it's essential to have a well-defined trading plan, proper risk management, and stop-loss orders in place. This analysis is for educational and informational purposes only and should not be considered as financial advice. Make sure to do your research and consider your risk tolerance before entering any trade.
Happy trading, and may the pips be in your favour! 🚀📈💰 #HappyTrading #ProfitOpportunity #TradeSmart #CryptoSignal #StockSignal #TradingwithBelieve
CrowdStrike Holdings. Post-Earnings Call to 600CrowdStrike Holdings, Inc. is an American cybersecurity technology company based in Austin, Texas. It provides cloud workload and endpoint security, threat intelligence, and cyberattack response services.
CrowdStrike shares surged in late trading Tuesday after the security software company posted better-than-expected financial results for its fiscal fourth quarter ended Jan. 31. The company also offered guidance for both the April quarter and the January 2025 fiscal year that topped Wall Street estimates.
CrowdStrike was up 22% in after-hours trading following the results.
For the January quarter, CrowdStrike posted revenue of $845.3 million, up 33% from the year earlier quarter, beating Wall Street's consensus as tracked by FactSet of $839 million. Annual recurring revenue rose 34% from a year ago, to $3.44 billion.
On an adjusted basis, the company earned 95 cents a share in the quarter, well ahead of the Street consensus at 82 cents. Under generally accepted accounting principles, the company earned 22 cents.
For the April quarter, the company expects revenue of between $902.2 million and $905.8 million, with adjusted profits of 89 to 90 cents a share, ahead of Wall Street's consensus for $900 million in revenue and adjusted profits of 82 cents a share.
CrowdStrike projects revenue for the January 2025 fiscal year of $3.925 billion to $3.989 billion, with adjusted profits of $3.77 to $3.97 a share; Analysts have been calling for $3.938 billion in revenue and profits of $3.76 a share.
In a statement, CrowdStrike CEO George Kurtz said that "customers favor our single platform approach...CrowdStrike is cybersecurity's consolidator of choice, innovator of choice and platform of choice to stop breaches."
That statement appears aimed at rival Palo Alto Networks, which recently said it was " facing spending fatigue in cybersecurity."
Palo Alto is making an aggressive "platformization push," in some cases offering to give features away for free in the short-run to capture more customer IT spending budget in the long run.
Technical chart illustrates potential target can be in $500 - 600 range, that is 40 to 60 per cent above even post-earnings robust surge.
Meta Platforms 33-Days Cyclical price patternThere are many ways to make money with stocks. You can buy well-managed companies with growing earnings, hold them for years and watch the stock prices rise as the company succeeds. This conservative investing style sometimes rewards investors with huge long-term gains. For example, early investors in Microsoft or Bitcoin saw their investments grow MultiX in a decade.
This is what patient long-term investors dream about. But more often buy-and-hold investors don't hit the jackpot; rather they realize more modest returns.
Another investing style is to trade stocks very frequently with the help of computer programs that buy and sell shares of selected companies. Here traders make small profits or losses on many trades minute after minute. If you like lots of action while you're glued to a computer screen, this investing style might be for you.
Cyclical Price Pattern - An Opportunity to Make Money
And then there is every imaginable money making scheme that falls between the above two styles. You can buy mutual funds, exchange-traded funds, index funds, buy and sell individual stocks, time the market, buy on margin, sell short, buy and sell options, reinvest dividends, or some other variation on the theme. Talk with fellow investors and everyone has their own tailor-made approach to investing.
This article is about one investing style - buying and hold Meta Platforms (META) shares using Cyclical price pattern.
It's a style that I use and I know it makes money.
Buying cyclical stocks for a profit at certain points is a huge challenge but with commitment, multi-year trading experience and the proper technical tools you can consistently make money over your investing career.
Cyclical price pattern is very simple to understand. A single cycle has an upside during which prices rise to a peak and a downside or cooling off when prices fall to a bottom.
Based on this cyclical price pattern, I expect further upside price action in Meta Platforms stock, somewhere until National Unicorn Day.
Days to go: 33.
NASDAQ - Daily ready to fall?The NASDAQ has ascended for a second leg and is now poised for a potential deep pullback to test the support zone. This support area aligns with a key weekly level that typically needs to be retested before the index can mount a continued rise. You should keep a close eye on this trend, as it could present a significant opportunity in the coming period.
NAS100 SETUP PREDICTIONHHello traders this my trading setup in the higher time frame
My tactics ;
TECHNICAL ANALYSIS
Key Support & Resistance
Market Structure , Price Swings
Open Interest
Order Blocks & breaker block=> Expansion
liquidity => Reversal
imbalance => Retracement
Consolidation => Equalibrium
Market Maker Models buy and sell
Weekly Profiles
If you like my content please follow and hit the like button and show some love
wish you good luck and good tradinG
Volmageddon. Please Buckle Up. The Plane Will Be Landing SoonStocks are vulnerable to a 5% 'air-pocket drawdown' as greedy traders short volatility.
Tuesday's stock-market pullback on February, 13 after a hot inflation report actually showed us something else about the market.
It turns out that it did… an overcrowded short side of the options market which was reminiscent of the 2018 and 2020 'Volmageddon' events.
ProShares Short VIX Short-Term Futures ETF AMEX:SVXY graph says selling volatility is on the hot spot, like four and six years ago, in 2020 and 2018 respectively.
The "Volmageddon" episode happened six years ago after traders piled into a bunch of ETFs that were designed to return the inverse of market volatility (essentially betting on a calm market). And when volatility went up in February 2018 and in February 2020, it tanked those strategies, sending the S&P 500 down more than 10% in two weeks.
Investors appear to be taking risky bets again, specifically in VIX futures, which are assets that let investors bet on future volatility. As VIX futures expire, the S&P 500 is seeing stronger price reactions.
Based on the magnitude of the move in VIX futures, there is an increasing threat that the rising level of greed in the 'short-volatility' trade, similar to what we saw in 2018 and in 2020, could result in an air-pocket drawdown of 5% or more in the S&P 500, to 4800 points respectively.
The short-volatility trade became very popular strategy after 2010 when volatility was low, and traders could make money betting against market turbulence.
The Cboe Volatility Index, which is also dubbed as the TVC:VIX or the market's "fear gauge," is sitting around 14, near historical lows.
The rebound in interest in short-volatility strategies is once again posing a risk to the broader markets here as a negative catalyst can clearly spark a momentous, derivatives-driven selloff in the broader stock market like that which we saw in 2018 and in 2020.
It's not a major concern right away as volatility upticks have been small, and the S&P 500 has remained resilient. The market shrugged off Tuesday's pullback quite fast.
But it's worth keeping all your eyes on as all 2024 progress can be erased shortly.
Going forward, these expirations will remain dates to keep in mind as the threat of volatility will be elevated as we move further into 2024.
Technical graph for CBOE:SPX says we are still in the upside channel since Q4'22, near its upper line, with further perspective opportunities to erase 2024 gain, shrugging back to mid-line around 4800 points.
Market breadth says also there're huge divergence in CBOE:SPX and in NASDAQ:NDX all the 2024, as 50-days indicators move firmly down all the year, while indices are still up so far.
US100/NASDAQ/USTECH/NDX100 Bullish Robbery planHello My dear Indices Traders,
This is our Day Trade master plan to Heist Bullish side of US100 Market. my dear Looterss U can enter at the any point above my entered area, Our target is Red Zone that is Hgh risk Reversal area, If There is any Bad news it make our heist very sad and if the news is favorable for us then we can continue our looting from there with help of trailing stop.
My dear Robbers please book some partial money it will manage our risk. Be safe and be careful.
US100/NASDAQ/USTECH Bearish Side Short PlanOla Ola Traders,
This is our master plan to Heist Bearish side of NASDAQ Market. Guys U can enter at my entry area or below the trending candles, Our target is Caution Zone. This is my Intraday Robbery plan. Guys Kindly Loot and escape before the Caution zone bexause trend make Pullback or Sideways so becareful.
QQQ bearish Head-and-Shoulders pattern confirmedNASDAQ:QQQ has shaped Head-and-Shoulders formation on the daily chart. Daily downtrend confirmed, weekly consolidation has started.
Please note that broad SP500 market is still technically in an uptrend, meaning that buyers are still strong. So if you plan entering SHORT on QQQ I would wait for a pullback to increase risk-reward. An example of possible trade is shown on the chart. Of course, it is important to monitor how things develop and make corrections if needed.
Disclaimer
I don't give trading or investing advice, just sharing my thoughts.
🔜 S&P 500. A key point between Bull Extension and Bear ReversalThe S&P 500 Index ( SPY) Wednesday closed down -0.22%, the Dow Jones Industrials Index
DIA closed up +0.10%, and the Nasdaq 100 Index (QQQ) closed down -0.83%.
Stocks Wednesday saw downward pressure from the +4.1 bp rise in the 10-year T-note and a sell-off of more than -2% in key chip stocks.
However, the Dow Jones Industrials saw support from blue chips such as 3M
(MMM), with a gain of +5.42%, and gains of more than +1% in Travelers (TRV), Chevron (CVX), Caterpillar (CAT), Home Depot (HD), NIKE (NKE), Goldman Sachs (GS), and Coca Cola (KO).
Stocks on Wednesday gave back some ground after Tuesday’s +1.5% rally in the Nasdaq 100 index that was sparked by optimism that the U.S. Feb CPI report was not as bad as feared and the Feb core CPI dipped to a 2-3/4 year low of +3.8% y/y. However, the Feb headline CPI of +3.2% y/y was slightly above expectations of +3.1% and was 0.2 points above last June’s 2-3/4 year low of +3.0%. Both CPI measures remain well above the Fed’s +2% inflation target.
Fed Breadcrumbs
Fed Chair Powell said last week that the Fed is “not far” from having enough confidence to cut interest rates. However, the markets are discounting the odds at virtually zero that the Fed will cut interest rates at its meeting next week since inflation is still too far above target. The odds for a rate cut are much better for the June meeting.
The markets are discounting the chances for a -25 bp rate cut at 1% for next week’s March 19-20 FOMC meeting, 13% for the following meeting on April 30-May 1, and 73% for the meeting after that on June 11-12.
Economic Reports
In some positive news for the housing market, the MBA mortgage applications index rose +7.1% in the week ended March 8, after rising +9.7% in the previous week. Mortgage purchases rose +4.7%, and refinancings rose +12.2%. The MBA’s average 30-year fixed mortgage rate in the latest week fell to a 5-week low of 6.84% from 7.02% in the previous week. The mortgage rate is currently only 13 bp above the 10-month low of 6.71% posted in December.
On the U.S. economic report front, the markets are awaiting Thursday’s U.S. retail sales and PPI reports. Feb retail sales are expected to show an increase of +0.8% m/m, reversing Jan’s -0.8% decline. Feb retail sales ex-autos are expected to rise +0.5% m/m, reversing most of Jan’s -0.6% decline. The Feb final-demand PPI is expected to rise to +1.2% y/y from Jan’s +0.9%, but the core PPI is expected to ease to +1.9% y/y from Jan’s +2.0%.
Interest Rates
June 10-year T-notes (ZNM24) Wednesday closed down -7.5 ticks. The 10-year T-note yield rose by +4.1 bp to 4.192%, up from last Friday’s 5-week low of 4.034%. T-note prices saw weakness on (1) carry-over bearishness from Tuesday’s stronger-than-expected CPI report, and (2) Wednesday’s slight rise in the 10-year breakeven inflation expectations rate to 2.31%.
T-note prices also saw supply overhang with the Treasury in the market again Wednesday, along with strong corporate bond issuance. The Treasury Wednesday sold $25 billion of 30-year T-bonds, after selling $54 billion of 3-year T-notes on Monday and $42 billion of 10-year T-notes on Tuesday.
Inflation Fears
Oil prices rose about 3% to a four-month high on Thursday (March 14) on a surprise withdrawal in US crude inventories reported on Wednesday (March 13), a bigger-than-expected drop in US petrol stocks and potential supply disruptions after recent terrorist Ukrainian attacks on Russian refineries.
Putin says Ukraine trying to disrupt Russia's presidential election.
Brent crude oil futures rose to nearly $85 per barrel - the highest mark since November, 2023. In technical terms, crude oil futures are on positive path in 2024 with near 9% YTD return, attempt to hold firmly above weekly SMA(52), while the epic triangle' breakthrough can be nearby.
High Risk - High Reward
S&P500 index (SPY) is on positive path in 2024 with +9.28% YTD return in this time. This is a 3rd highest YTD return by this time of year, next to 2012 and 2019 returns by mid-March.
Technical graph for S&P500 indicates that we are near upper line of upside channel, thanks to recent Santa rally and slight signs of US Govt Treasuries buyout in Q4 2023.
Following this path, there can a possible Bull extension, as Reversed Head-and-Shoulders Price Pattern can be in further development.
On the other hand, inflation fears can extend also, just to erase all the Bullish gain in 2024.
UPDATE: Nasdaq target 1 reached next one even higher116,956 target reached easily.
This was based off the W Formation and the price breaking above the neckline.
Then we had the run up which surpassed the first target of 16,956 - Text book.
Now the price is heading to the next target at 18,800. This is purely based off a momentum trending strategy.
The bull run is not over until it's over...
So trade cautiously and trade within the trend.
If you're predicting tops, EGO is taking over.
If you're predicting tops, Gambling mentality is lurking.
If you're trading tops - You feel you have something to prove.
Simple.