On the weekly timeframe of the STLA chart, we can see an ascending triangle forming. An ascending triangle is a bullish formation. It's interesting to watch this asset during 2023 for the price to break out of the triangle to the upside. The breakout-line is shown on the chart. When this happens the pattern gets confirmed and trade can be entered by taking a...
with micron reporting today, and the semiconductor industry technically poised to bounce, if tech starts to back track on the bears stuff like this should lead the bull snap back.
Title: S&P 500 E-mini Futures ( ES1! ), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 4049.00 Pivot: 3914.00 Support: 3757.50 Preferred case: Looking at the H4 chart, my overall bias for SPX is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to continue...
1. BTC The big day of BTC is coming soon, if there is another drop in BTC in the long run, the early bird tickets for this drop are now on sale, and we can wait for the best time for a rebound to enter The g-line is still very important. If the rebound exceeds the g-line, the short-term trend needs to be reconsidered. In the same ultra-short cycle within the...
Hello Traders, Here are the major support levels for TESLA with a potential bottom for 2023 at $65. TESLA is very oversold at the moment and just a hit a key gap fill level at $136 which should act support and potentially a temporary low. If price does bounce from this level we could see as strong rally back up to resistance at $166. Into 2023, if the US goes...
EUR/USD 🔼 GBP/USD 🔼 AUD/USD 🔽 USD/CAD 🔽 USD/JPY 🔽 XAU 🔼 WTI 🔼 The Bank of Japan maintained a negative interest rate of -0.10%, but an unexpected change in its yield curve control surprised investors, Mitrade expects this will open up the possibility of monetary tightening. As a result, USD/JPY lost over 520 pips to a closing price of 131.7, the lowest level since...
For the past year the Runner Bot SELL Signal has been on point for DJI on the H4 timeframe. If this rollover of strength from the Bulls continues we are looking at revisiting the $30,000 Support Block for this move. - Bullish Candle Color rotation to weakness. - RSI X Colors rotation to weakness. - Runner Bot firing off a TOP signal (sign of weakness). - Last...
Looking at the H4 chart, my overall bias for META is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy entry at 110.85, where the 38.2% Fibonacci line is. Stop loss will be at 96. 40 , where the 78.6% Fibonacci line is. Take profit will be at 137.66, where the 50% Fibonacci line is. Any opinions,...
Today you can review the technical analysis idea on a 1D linear scale chart for Tesla (TSLA). Tesla is below a major Support and Resistance Line and now the price has the potential to fall to the $167-$170 range where there is major support. Anything is possible in these markets but the trend is your friend and currently the trend is heading lower. If you enjoy...
Looking at the H4 chart, my overall bias for SPX is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a sell entry at 3906.54, where the 38.2% Fibonacci line is. Stop loss will be at 4028.84, where the 78.6% Fibonacci line is. Take profit will be 3743.73, where the 61.8% Fibonacci line is. Any opinions,...
I Think the price will drop to 29644, then resume its upward trend.
This isn't happening only to Tesla (TSLA) but to all major tech companies listed on the Nasdaq Index (NDX). Tesla is just moving ahead of the pack but the rest of the giants, such as Google, Amazon, Meta, Apple will follow; More below. We are aiming at 125 as the next support on this drop but it can go even lower to 105 or even 97/91... Here is the chart from...
The tech giants are set to experience the worst bear market of the century and Apple Inc. (AAPL) is no exception. This stock peaked in January together with the S&P 500 (SPX) and Dow Jones Industrial Averages (DJI) indexes. After many years of higher highs, ever since January 2022 we only get lower highs, signaling that the bearish trend is gaining momentum. We...
Good for long trade for a momentum upmove Buy above 926 Sl 898 Tgt 980 1000 1025 Ask your financial advisor or broker before taking any action based on my view Only for educational purposes
The price just broke the huge falling wedge after 2 years. It looks that is turning around. It's a cheap stock and it has been going up for the past 8 weeks. I just bought some and I'll may add some more weeks from now depends of how it goes. Great risk and reward trade.
maybe it will not back to the support and immediately go up, but for a great up it should be back , Note : I didn't back to fundamental
Today the president of China, Xi, has been re-elected for his third term as president of the nation. As a result of this news, the China markets took a massive hit today, but with blood in the streets we should be buying.
Tesla may finally continue downtrend, i would personally enter after a sweep of those lows (mentioned in chart) around 100's might take few weeks/months to reach though. Long term buy zone = 92-120 levels. Potential targets = 200+ mid term, long term would like to see a double top rejection @400 , until then it's level to level play. No guarantees we get it...