LUV - ShortLUV- short
technical only:
As you can see in the chart, the stock met with resistance
line of the lower highs.
Today we received a breakdown of short-term shuffling, which gave me the confidence to enter a short trade.
My first target would be $33.85
Second target: $33.05
Below 36.09 the transaction will be more dangerous for me and I will exit with a stop.
This is not a recommendation!
Anyone who uses this post is at their own risk
Stockmarketanalysis
ES expansion timeES traded inside the Daily BISI and left it now to the upside. There is Buyside above the 3 highs on h4 chart and the VIB is above at 4221. The current week did not much of expansion so it should start moving soon. It traded below the Weekly open gap and it was "resistance". With Fed speech It traded both sides and it is now above. I expect it to get support there and I want to hunt for longs to the 4221 VIB.
Es bias for next weekI am still bullish on the s&p and expect higher prices. We did some nice movement higher last week and a retracement is likely. This fits together with the Pow3 concept for a bullish week. On Monday I expect a drop to 4114, I think it has high probability to gap lower too. From 4114 I want to hunt for long entries and target 4221,25. From there I will see if it still wants to expand higher.
AAPL on bull courseAAPL will very likely touches $160 - $164 area in the near term based on EW projection and fib extension. If this holds true, then the price will make a retracement (wave 4) to propel even higher later in the future. However, an immediate drop below $147 would suggest that it is the start of a new wave trend.
Disclaimer
This is NOT buy/sell call but for learning purposes.
TESLA: Buy the dip Strategy in short-medium termHi everyone!
At the moment the Tesla's main trend is bearish, but at the same time, if we look at intraday charts, such as 1h time frame, we see a clear bearish structure (12345) under development. After its completion we expect an important technical rebound which should push the price into the $140 area. From next week we will go looking for wave 5 level and start taking long positions.
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Beware of the Market at these levels (SPY SPX) I haven't posted in a while because since I entered a position in my SPX index fund, there hasn't been much to say. Until now.
I'm posting this chart to show my updated levels & chart analysis. I'm NOT adding to this position until we retest the (diagonal) white line,
indicating the current trend that we are in. At which point, we will either hold the trend for a breakout & retest of the high, or
fail to the previous support level (horizontal white line at $3511.80).
My green & yellow lines drawn indicate the projected path that price will most likely take, as we retest this heavy selling area that we are
now hitting.
I'm short term (next 3-5 months) bearish/short. Long term (next 1-3 years) bullish/long, after another significant drop in price. Since this is my Indexed retirement play, I don't plan to take any profits, only add to the position on price drops. May daytrade short positions into the resistance for the next few months.
ES going to dump next week for big move upHi Everyone,
ES will print and complete ABC structure next week for big move up
Bulls will be caught here now; as they are looking for long right now for break of trendline for move up
and Bears will be caught next week; as they will be looking to break october low; but which will not come; as this will be ABC move for one more up on daily time frame.
S&P market maker sell modelYoutube still wants to short it... but we come from a Monthly Orderblock. Shorting is DONE! Now the Buyside is target. They will create the "bullish breakout" and all the Buy stops get taken into the market. This is when everyone thinks crash time is over. But do you think economy is good? This displacement that they will create above the highs will trap everyone in long. This Breakout traders will be burned to death. Think about it... They are not done down there. They would not let the sellside sit there. This is where they all place the sell stops when they chase the breakout this month. And when the real crash comes in summer months, this is where smart money accumulates the sell stops to build the new long positions.
How a Housing Market Crash Equals New Stock Market HighsTraders,
I believe this chart is so important it warrants revisiting the data. Indeed, the fed has to be cognizant of this same data and is most certainly is watching it closely. Therefore, we must do the same. In this video, I am going to explain why the housing market data, even though it's week, supports my thesis of a blow-off top in the stock markets this summer.
Stew
⛓️ 🔗 Useful Links 🔗 ⛓️
My Housing Market Chart:
www.tradingview.com
SPX500 more trends to watchI say watch the yellow.
I understand it was HUGE that we broke through the trend that was highly compressed everyone's been watching on the tops and peaks and now that diagonal line is broken. However, I'd argue that this other diagonal as well as the Horizontal near it also may cause some near-term Resistance. however ultimately, I'm ok with the UP and called long ago for an eventual gap fill at 4220.
I'm still not sure this Bottom is in except for maybe near term. i still think that between here and the road to 2025 we see a test in the 2800 to 3350 range for SP500 which never came. I guess i could be happy with how close it came and that was close enough for a call made over a year ago now. that we needed that flush once the $ printer turned off.
Sadly, I still think we have more global issues coming. As well as lockdown 2.0 BOTH of which will cause mini swans.
Good chance we slowly grind up from here until at least March unless we get another WAR.
Still waiting for real housing correction as well as auto loan industry implosion. FAR TOO MANY people now have $80-$150k auto loans. IMO.
S&P bullish week aheadAs I said in my last Idea, I expect a bullish expansion for the s&p above the old highs to reach buyside.
A bullish week is likely to form the low on Mo-We. It needs to go to a discount and trigger sell stops before going higher. There are some discount arrays below 50% of the current range to be hit tomorrow. Expect a low of the week to form at the levels noted in my chart and look for a bullish reversal on Tu or We to target the Buyside
Can S&P500 break 4100.00 during huge FOMC & Earnings week?The S&P 500 is headed for its best January since 2019, when it gained nearly 8%. So far, the market index is up ~5.0% this year, following a 19% loss last year. But this rally might have paused for the time being, as the Federal Open Market Committee begins its 2-day meeting. After which, the Federal Reserve is expected to hike its interest rate by 25 basis points. Investors will be watching carefully for any change in market sentiment regarding this forecast in the lead up to the decision. While the economy is starting to slow, US unemployment is still at 3.5% (a 50 year low) and wage growth is still strong. This means that the 25-basis-point hike is not a foregone conclusion, with 50 basis points the next likely option. Adding to the complication of forecasting the S&P 500, is the fact that more than 20% of the companies in the index are reporting quarterly earnings this week. McDonald’s, Apple, Meta Platforms, Amazon.com, and Alphabet are all set to update the market.
The question to ask ourselves is whether the S&P500 has finally entered a reversal period, or is the long-term downtrend still in place? We can also see that the previous week's candle closed above the downward trend line and the 200EMA. Although, we can look at the fake outs that took place in August and December last year, when the candles closed above the 200 EMA, but this did not result in a bullish continuation.
We can use the Aroon indicator in an attempt to gain some clues to confirm if the trend to the upside is strong. Presently, the Aroon indicator registers a strong bullish signal, as the blue line is above 70% while the red line stays below 30%. Yet, a strong key resistance, marked at around the 4100.00 area, appears to be a significant problem for the S&P 500.
State Bank Of India (SBI)I think this Red Dip Is a biggest opportunity to buy this fundamental stock and we are very known about the #SBI Bank so as a long term view and short term also can take this for both point of view.
DISCLAIMER - IT'S MY STUDY PONTS NOT ANY RECOMMENDATION. THIS IS ONLY FOR STUDY PURPOSE.
55% Return In Tesla Stock I Have Seen Tesla stock continue Falling And Everyone is saying that tesla will go below 100%. I saw a hammer candle in tesla and I have an entry at 112$ my stop loss is 98$ as of now tesla is 177$ easy to earn 55% return and accurate entry and stop loss power of the hammer pattern
SPX major resistance at 4082.50 and 4151.30
SPX broke through the 4040 critical resistance line in Thursday's trades but will be challenged at 4082.50, an area of resistance in the past, as highlighted in the attached price chart. 4040 is now a major support which could be tested if it fails to breakout at 4082.50.
Ford levels below 11 continue to attract.Ford - 30d expiry - We look to Buy at 11.21 (stop at 10.55)
Levels below 11 continue to attract buyers.
A lower correction is expected.
We look to buy dips.
We are trading at oversold extremes.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Our profit targets will be 12.77 and 13.07
Resistance: 13.50 / 14.00 / 14.60
Support: 12.50 / 12.00 / 11.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
TTD approaching crucial resistance.The Trade Desk - 30d expiry - We look to Sell at 54.69 (stop at 57.31)
Short term momentum is bullish.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Bespoke resistance is located at 55.
Resistance could prove difficult to breakdown.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
54.98 has been pivotal.
Our profit targets will be 48.18 and 47.18
Resistance: 50.00 / 52.00 / 55.00
Support: 46.00 / 43.30 / 42.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Hindustan Copper (HINDCOPPER)I think this stock will be a multi bagger stock because due to increasing demand of copper for EV's and cables and many other uses of the copper and it is government holding and biggest player in copper of India.
DISCLAIMER - IT'S MY STUDY PONTS NOT ANY RECOMMENDATION. THIS IS ONLY FOR STUDY PURPOSE.
#stockanalysis #governmentstock