TSLA stock has been on a selloff recently. Despite that it seems that the stock still do have further downside to go. However, we are soon reaching a critical level. With both a completetion of a 1 to 1 from the most recent pivot, in addition to that we are reaching a critical keylevel, there seems some hope for the bulls.
Engie - 30d expiry - We look to Sell a break of 14.09 (stop at 14.61) We are trading at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Short term RSI is moving lower. Momentum is stalling with the posting of new highs and indicates bearish divergence. A higher correction is...
EUR/USD 🔼 GBP/USD 🔼 AUD/USD 🔼 USD/CAD 🔽 USD/JPY 🔼 XAU 🔼 WTI 🔽 Recession fears from the imminent Fed rate hike led to a dip in oil prices, despite the Chinese government relaxing lockdown measures is likely to increase consumption. WTI oil futures briefly dipped to a 1-year low at $71.22 a barrel and reached a closing price of $71.46, the US has experienced one...
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, news,...
On the H4 chart, the overall bias for DJI is bullish . Furthermore, the price is above the Ichimoku cloud , indicating that the market is bullish . Looking for a buy entry at 3907.07, where the 50% Fibonacci line is. Stop loss will be at 3806.91, where the 38.2% Fibonacci line is. Take profit will be at 4097.29, slightly below where the 78.6% Fibonacci line...
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a possible buy entry at 3907.07, where the 50% Fibonacci line is. Stop loss will be at 3806.91, where the 38.2% Fibonacci line is. Take profit will be at 4101.65, slightly below where the 78.6% Fibonacci line...
Traders, be careful with BTC at this time. There is a massive bear flag playing out on BTC and there is little to no support underneath the channel I have drawn here. If we extrapolate the bear flag pole, we get a level of around 11k on BTC. For anyone bullish on BTC, we saw a rejection wick kind of candle a few days back when price was trying to break out. This...
✅AMAZON will be retesting a support level soon From where I am expecting a bullish reaction With the price going up but we need To wait for a reversal pattern to form Before entering the trade, so that we Get a higher success probability of the trade LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Pinterest - 30d expiry - We look to Sell at 25.49 (stop at 26.71) Posted a Treble Top formation. The primary trend remains bearish. In our opinion this stock is overvalued. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. 26.14 has been pivotal. 26 continues to hold back the...
With the federal reserve and the federal government actively trying to decrease inflation. I believe we will head into a deflationary period and most stocks will suffer. Betting against the master chief should be fun in my opinion!
Hey traders, in today's trading session we are monitoring US500 for a buying opportunity around 3900 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
I am buying $REGN again here. I like the base, the volume signatures are great and it is showing great strength. The industry is Biotech (and it is in top 30 industries currently in the stock market) The IBD RS rating is 95 Fund ownership is increasing: - notable funds owning it are: American Century Focused Dynam, JP Morgan, FIdelity Contrafun, MFS Frowth,...
This is my technical analysis on USDJPY. I took a sell Trade on 136.45 and sl on 137.60. what is your opinion? This is not an financial advice!
This is my analysis for EURUSD. Waiting for retest on 1.0562 - 1.0573 and then enter a sell trade with a good confirmation. This is not an financial advice!
Judging by this chart seems like we are about to continue more of the same. Long term downtrend!
The trend of SPX is looking bearish with lower highs and higher lows on the weekly chart. I am expecting a move up and a bounce off the higher trend line to then bring us down to 3250. MACD is building momentum, RSI hidden bearish divergence and the index is up against hard resistance at 4163.
The down trend is still intact here and the index looks to be loosing strength at this critical level. Looking at a macro lower high & local lower high with bearish momentum starting to build. Still short here with a target around 3300 in the first quarter of 2023
Looking at the Li Auto options chain, i would buy the $30 strike price Puts with 2023-1-20 expiration date for about $4.15 premium. Looking forward to read your opinion about it.