Squarespace has formed a Channel Up is the past 3 months. Today is the 2nd green candle in a row after the Channel bottom rebound. That rebound also made contact with the Rising Support since the November 8th 2022 bottom. The price also crossed over the MA50 (1d). Trading Plan: 1. Buy on the current market price. Targets: 1. 35.00 (Resistance 1). Tips: 1. The...
Tesla is rising today but remains on a pull back sequence after it hit the top (Rising Resistance) of the 2023 'Recovery' Channel Up. This sequence can be extended until either of the two following conditions are met: the 1day RSI reaches 50.00 or the price hits the 1day MA50. In either case buy and target the Falling Resistance (that dates back since November...
TESLA / 1D Hello Traders, welcome back to another market breakdown. TESLA has broken from a major trend line indicating more upside. I'll look to get back in on the next pull-back. Trade safely, Trader Leo.
This trade is based on the idea that the bear market bottom is in for XLM and that it gradually increase in value until the next bull market top. As seen on the chart, we can draw a bullish channel on XLM's price chart. The top of the channel is the target, the stop is just below the channel's support. This trade has a massive risk-reward ratio because it's a...
Good Morning SMALL THREAD While we did call the NASDAQ:NDX weakness & top, at that time we didn't think it would be as bad as it got, at least I didn't. Last year we really thought TVC:VIX would break out & the markets would collapse. Our original expectations didn't pan out but we, mostly I, changed as more data came in. We called a bunch of bounces &...
DXY is at a critical point right now at the end of May, The fact the United States is continuing to print cash non-stop and the fact our economy is slowly dying due to Cov-19, I believe the DXY is about to go on a harsh downtrend and maybe even revisit 2008 lows drastically affecting the strength of the USD and the economy as a whole. For sure gold and silver...
Amidst global recession fears, India's NIFTY50 smashes through All-Time High at 19000 level! While the world grapples with economic challenges, India's flagship index defies the odds, showcasing resilience and growth.
DSSL Buy @ 480-490. Target 1000 in few months. this stock has sustained its lifetime high during 2022. it is showing strength with the index.
It's taken 5 years for Sage to break out from 824 resistance. Good results today have seen the price initially increase by about 4%. Let's see if this is a true break or a bull trap as it was in Dec 2021. Looks bullish to me but do your own research and this is not a recommendation to trade.
DJI is likely to enter a major oscillation mode ! This figure shows the weekly candle chart of the Dow in the past two years. The top to bottom golden section is superimposed in the figure. As shown in the figure, the Dow Index in the past six months has shown a large oscillation pattern between the 0.618 and 1.382 positions on the golden section of the...
How did APPLE make a new ATH? In the fiscal year of 2022, Apple Inc. amassed a staggering revenue close to $400 billion. The tech behemoth’s financial forecast predicts an even more dazzling $450 billion by 2023. What’s at the nucleus of this financial prowess? Here’s a dissection of the five products and services that are the linchpins in Apple's revenue...
Chevron Corporation - 30d expiry - We look to Buy at 150.33 (stop at 146.33) 150 continues to hold back the bears. We look to buy dips. 149.91 has been pivotal. 149.74 has been pivotal. This is currently an actively traded stock. Our profit targets will be 160.33 and 162.33 Resistance: 155.00 / 157.00 / 160.77 Support: 152.00 / 149.74 / 148.00 Please...
#BTC mining stock again getting boring .... but these look like great setups.
Cipher mining #CIFR has a rising neckline ... could this indicate a bigger bull run notice the logarithmic target is projecting to new all time highs
AMD - Fix & Up ? A popular stock + above the average line 150MA + 50% Fibonacci + Closing Gap + CCI turns over. Only an idea and not a recommendation for trading !
Here's a Technical outlook on NASDAQ! Fundamental Drives -Easing Inflation Data ( CPI data is 6.5% lower than the prior month's data of 7.1%) -Possible Slower Rate Hike in the future or Stop hiking interest rates in the upcoming months by the Fed Price Action Analysis NASDAQ has already breakout of the upper trendline with an impulsive candlestick. After the...
Hi, Advanced Micro Devices (AMD), have been waiting for that pullback and here it is. Advanced Micro Devices designs microprocessors for the computer and consumer electronics industries. The majority of its sales are in the personal computer and data center markets via CPUs and GPUs. Additionally, the firm supplies the chips found in prominent game consoles...
There is still room above of AMD stock ! This chart shows the Line chart of AMD shares in the last two years. The top to bottom golden section is superimposed in the figure. As shown in the figure, the recent high point of AMD stock happens to be 1.000 level of the top to bottom golden section in the figure, and the recent wave of long start bits also happens...