US30 D1 Big daily timeframe again here, you can see how much US30 has given back off the back of the dollar correction. That being said, we blitzed through 33600 resistance with no issues, the next area of correction/pivot may lay around 34000 whole number. A nice area of D1 resistance and supply, 34000 whole number, and a solid 6R measure to see a 50%...
Eli Lilly and Company (LLY) has long been one of our best investments a real gem that even withstood and was practically unaffected by the 2022 inflation crisis. For long we have been using the Fibonacci Channel to display LLY's parabolic nature having broken above the 2.0 Fibonacci extension last May. This time the price reversed much quicker than technically...
AMC Entertainment Holdings (AMC) went up yesterday +30% since our buy signal 2 weeks ago (September 26) as it rose from $8.14 to $10.52 (see chart below): Our long-term target remains $25.00, which is under the long-term Resistance of the 1W MA50 but what to do on the shorter term? The 1D RSI just turned neutral at 46.37 while the 1D MACD is on a Bullish...
In the last analysis, we expected 108 final peak, but also below the level of 106,200 is bearish. With what we see now, we got a new weekly level and currently higher probabilities show that we are going into a correction. Things to watch eurusd and spx primarily. Closing above this level cancels this setup. You can check below my opinion about DXY
PG is having a strong red (1d) candle that crossed again under the 0.618 Fibonacci level. In the last 10 months, the stock has been trading inside a Rectangle with the price being on the last step (0.786 Fibonacci) before the pattern's bottom. The price is already a solid medium term buy but depending on the MACD, it may provide an even better...
Traders, As expected, SPY bounced off of that 200-day SMA and performed a classic retest of the underside of our previous support, the neckline of our H&S. Now, the only question that remains is do the bulls have enough in them to break back above or do we remain on the underside of this neckline and potentially drop back down ...maybe even breaking the bottom of...
Amgen / AMGN is having an incredible price jump on a 1day MACD Buy Cross. Inside this long term Channel Up pattern, the stock isn't unfamiliar at all with such explosive legs upwards as the same move happened in August 4th/7th/8th. It is a clear wedge consolidation into aggressive expansion pattern. All supported by the 1day MA50. It is not too late to buy and...
I Believe will we see a new era of economic Collapse in up coming Years. I don't know what will happen geopolitically, But you can see it has already started and happening all around the world. The Chart tells me USD Willing to go see the last 2 decades High. if you check COT Data, The commercials already accepted that this is a solid Low for USD Index. it's a...
NFLX is trying to find support on the 1D MA200, which is at the bottom of a (longer than a year) Bullish Megaphone pattern. The 1D technical outlook is red (RSI = 36.027, MACD = -9.900, ADX = 36.923) signifying considerable upside potential and the rebound on the 30.00 oversold RSI level indicates the reversing momentum. We expect an immediate rally as part of the...
Analyzing the options chain and the chart patterns of DPZ Domino's Pizza prior to the earnings report this week, I would consider purchasing the 380usd strike price Calls with an expiration date of 2023-12-15, for a premium of approximately $9.65. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking...
The monetary markets are continually responding to unused data, and swelling, oil costs, and gold costs are a few of the foremost imperative components that financial specialists consider. This article will give a TradingView direct to understanding how these components can influence the stock and forex markets, and how dealers can utilize them to their...
The Bank of America Corporation (BAC) got rejected again on its 1W MA50 (blue trend-line), a level that has been acting as a Resistance since the March 2022 break-down. This has created a Lower Highs trend-line that is the key pivot level now. But before that, let's see how it's been trading on a +10 year basis. As you see on this chart, ever since the November...
We Can see trendline breakout and retest In Daily TF we can see Consolidation breakdown from 1st Sep till 20th which wasn't sustained and stock trading is same range... Breakout on upside will Trigger SL above the box and Sharp Upside momentum Expected. 15 Min candle Closure above 1920 can be considered for going Long
tesla is ready for a short bull run onn h4 .. how to trade it all details are given on the chart
The S&P500 is looking to break back above the 4300 key level of resistance. Should it do this I expect the asset to rest to 4400 minimum and so will close the rest of my short, I do not expect to go long as of right now. The larger time frame still suggests that we are now in a downtrend, with the lower high and lower low - A third consecutive lower low would...
Advanced Micro Devices / AMD is above the 1day MA50 testing Falling Resistance 2, which is the final Resistance level before a complete technical bullish break out. This move was generated after a textbook test and rebound on the 1day MA200, inside the Higher Lows Zone of the long term uptrend. With the 1day MACD on a Bullish Cross, if the Falling Resistance 2...
Disney has done EVERYTHING we asked of it. Now the question is do we pullback before going higher? I think that I'll be watching for a test of the $82 area minimum (hopefully) and if we get lucky. We may see it come back and test the $80 in which case i will be just as aggressive as last time.
Exxon Mobil is trading between the MA50 and MA200 (1d) which is approximately the 0.618 - 0.5 Fibonacci range. Technically the most usual buy opportunity is on the 0.236 Fibonacci level. Trading Plan: 1. Buy when the 0.236 Fibonacci level breaks. Targets: 1. 119.00 (the High on 3 separate occasions). Tips: 1. When the RSI (1d) is on a downtrend and reverses to...