Chevron Corporation (CVX) has been trading within a long-term Triangle pattern, which has potentially funneled the price action lately to a Rectangle. The key development for the next few days is the emerging Golden Cross on the 1D time-frame, the first since October 28 2021. Technically, this has the ability to break both above the Rectangle (Resistance 1 at...
Hello There! Welcome to my new analysis about BRK on several timeframe perspectives. The BRK stock is one of the few stocks within the recently bearish inclined stock market that is actually showing all-time-high developments with the price-action bouncing into a new all-time-high. Within this case there are important underlying dynamics going on which could...
Hello There! Welcome to my new analysis about PYPL on several timeframe perspectives. Since PYPL formed the boom highs it showed up with a massive bearish price-action to the downside dumping over 80% and liquidating over 400 Billion long positions. Now, a huge consideration is if this PYPL bear-market dump is going to continue and accelerate further bear market...
Hello There! Welcome to my new analysis about CVX on several timeframe perspectives. The oil market since the corona pandemic supply-shock dynamics has formed a important dynamic and had the ability to form a major rebound recovery with several new highs being formed and CVX having the ability to bounce into a new all-time-high. Now a big part of the dynamic is...
NVDA had a huge sell off over the past few weeks and looks like the bulls are ready to take over for a 3% pump to the next resistance. If we manage to blast though the Golden Pocket 3% away, my next target will be 11% away at the next Golden Pocket. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide...
Now, I know what you might be thinking. TSLA has been quite the rollercoaster ride, with its stock price soaring to astronomical heights and then experiencing some sharp declines. But let's not forget the incredible achievements and disruptive innovations that Tesla has brought to the table. From electric vehicles to renewable energy solutions, this company has...
META is trading around the MA50 (1d) since the Sep 14th Lower High and seems to be acting as a Resistance. The long term trend is heavily bullish on a Rising Support and best depicted by the application of the Fibonacci Channel. However a Channel Down is emerging and as long as the Lower High holds, we expect one final dip to gather new long term buyers. Trading...
Stated a while ago, not sure if we posted here but did elsewhere (see profile), that we had short term Treasury exposure @ 50% but it's 75% atm. (it's a placeholder until trend changes) Should've been shorting the entire time down. TVC:DJI @ support but this area has not been a strong level. However, we are severely oversold so that bounce can be close & it...
Eli Lilly has seen enormous growth over the past few years and in particularly in 2023. This Channel Up on the log chart's 1W timeframe is the best depiction of the long term trend. The 1W outlook got extremely overbought technically three weeks ago (RSI = 68.989, MACD = 46.590, ADX = 60.019) and is now correcting. The rejection took place at the top of the...
The QQQ along with the S&P500 and ES1, are all sitting at support right now. The most probable outcome is that price SHOULD go higher. If it does move higher from these lows, a stop-loss below the most recent wick low would make the most sense with 1% risk if we were to lose this level, i have a few other key levels below that i'm interested in trading based on...
Good Morning! The TVC:VIX is having a hard time in this area since March of 23. The SP:SPX is the most oversold since 9/22 but it can get more than what it currently is. However!!! Peak oversold seldom is the bottom! Only 12/18 was an oversold bottom. 1/22 was a temp bottom. Big bounces are likely best to short unless there's a big change in technical...
Hello There! Welcome to my new analysis about WMT on the 2-hour timeframe perspectives. As I mentioned in previous ideas the stock market currently is in a highly mixed condition with many stocks being bullish and having breakout potentials while others make better short candidates. The approach with a total-return trading is to make profits in all states of the...
Hello There! Welcome to my new analysis about AAPL on several timeframe perspectives. As AAPL has shown up with this huge bearish price-action to the downside testing the remaining supports at 175 this has been a crucial dynamic from where AAPL should determine further dynamics of its future price-action because if the breakout below the previous supports...
Hello There! Welcome to my new analysis about XOM on several timeframe perspectives. The oil market has shown up with a massive pullback to the downside since the war developments have put heavy pressure on the whole oil market and drove the supply rally within the market. Since then the market managed to recover with a substantial rally moving into new...
Hello There! Welcome to my new analysis about EFX Stock Market Price Analysis on the Weekly Timeframe Perspectives. EFX recently developed important dynamics within the whole structure that can indicate further substantial determinations in the next times. Especially after forming the all-time-high at 290 and the pullback that followed this all-time-high EFX...
Hello There! Welcome to my new analysis about CAT Stock Price Action Analysis on the Weekly Timeframe Perspectives. The CAT Price Action recently showed up with a highly important dynamic and in this case a major formation has been formed that caught my attention. The CAT earnings through the recent quarters look pretty damn solid and the equity-to-debt ratio...
Hello There! Welcome to my new analysis about MSFT Stock Price Action Analysis on Several Timeframe Perspectives. In the recent times MSFT has emerged with a crucial pullback to the downside almost printing over 10% of a bearish pullback. In such occassions a big question is if the bearish momentum will accelerate into the bearish direction and if higher...
IBM show a small level double top This figure shows the weekly candle chart of IBM's stock from the end of 2019 to the present. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, IBM's stock tested the 2.000 position of the bottom up golden section twice in December 2022 and this month, completing the small...