Alibaba #BABA NYSE:BABA Alibaba's journey continues to be a roller coaster ride of highs and lows. Since our initial entry, we've navigated through Waves (v), (2), and Y. We acknowledge that a dip below this level would challenge our perspective, potentially signaling further downturns. Therefore, we've implemented a stop-loss just below this critical point....
In this analysis I want to talk about a fractal that I recently found. Was looking at Bitcoin's price action over the last few weeks, and realized I recognized that pattern. Bitcoin has been following a very similar pattern (fractal) as the SP500 did during the 2022 bear market and the 2023 bull-market. Keep in mind that fractals will rarely be exactly the same,...
Last time we looked into United Health (UNH) we gave a strong buy signal (October 03 2023, see chart below), which turned out to be very successful: After getting rejected on Resistance 3, the stock started to decline structurally within a Channel Down. It is a pattern similar to the Channel Down of November 2022 - March 2023, which was again formed after UNH...
Today, I am looking at American fashion company, Ralph Lauren Corp. with ticker #RL. It has been growing steadily for quite some time now, and it looks like it doesn't plan on stopping. Though fundamentals of the company seem pretty good, I will not be going through them, I will only focus on technical analysis here, as I always do. What am I looking at? 1....
Exxon Mobil (XOM) has been on a tremendous since the January 18 bottom and even more so since the start of this month (March). We are about to form a Golden Cross on the 1D time-frame and last time this pattern emerged (September 20 2023), the market top was formed a week after. In fact all Tops since November 2022 where formed on a Higher High sequence,...
Hey guys, Cryptos are bullish no doubt, but I am just wondering if 70k on bitcoin, will be strong resistance in the short-term, now when NVIDIA is coming down a bit. I see nice support for NVIDIA near 800. Not sure if we will see this level, but it looks like that correction on stock is not finished yet, so possibly there will be a delay on new break higher on...
We hit support. We had 2 good days up strong buying from support. Great opportunity for a 1/1 trade.
NASDAQ:BMBL has been in a strong downtrend since launch, and could potentially rebound at some point. I personally prefer to stay away from these types of charts, but if they start showing some bullishness maybe there could be a trade setup later. The price is trading near the lows of the range for anyone who wants to take a shorter term trade, I’m personally...
NYSE:LYV has been in a bullish uptrend since Feb 5, 2024 and is continuing to show some strength. I’m not interested in making a late entry here, but the key target is the previous $125.90 all time highs at the green trendline. I think LYV will eventually form a new all time high, but I’m not interested in taking a trade here. I would consider an entry within the...
NASDAQ:BLUE has dropped significantly from its $150 highs to its current price level around $1. I think BLUE is forming a dead cat bounce in the green support zone, and I can see a short-term swing up to the yellow trendline. The price has already rebounded quite a bit, I would look for an entry around the green support zone between $0.87 and $1.02. I can see...
NASDAQ:BBIO has been performing very well since May of 2022, and has recently been in a downtrend. BBIO lost support at the light blue support line, and more recently had a bullish rebound off the yellow support line. I think BBIO is likely to present more buy opportunities around $27.15, and this is a stock that is worth monitoring for a trade setup.
NASDAQ:TSVT is having a nice bullish rally from $1.53 in Nov. 2023 to $5+ price levels. TSVT has reached a key light blue resistance line, and there has been resistance suppressing the price here. However, I am seeing some bullish signs into resistance, and there is the potential for a bullish breakout here. I think it is worth monitoring TSVT for a breakout. I...
NASDAQ:ROIV is trading near all time highs, and I just don’t see any good investment opportunity here. However, I do like that there is a nice trading range between the red and green trendlines with 20% swings. I would definitely trade these swings, it looks like there was a recent opportunity that was missed. But I’ll track ROIV to look for the next setup.
NYSE:SPG has been in an uptrend since Oct. 2023, and is approaching a red resistance zone. I think there is likely to be resistance ahead, and I would look for an options puts trade setup.
✅AMAZON will soon retest a key resistance level of 188.92$ So I think that the pair will make a pullback And go down to retest the demand level below at 174.16$ SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Ce I appreciate your attention to my analysis. I find the charts intriguing, particularly the concepts of "total destruction" and "buying in blood." Despite the short-term risks, the potential for significant gains, such as 10x, 50x, or even 100x returns in the long term, is undeniable. Upon closer examination of the chart, it appears that shorting activities...
NASDAQ:ROKU has lost support at the light blue trendline and has approached a key green support zone. The price is currently trading above the buy zone, and I would look for an entry within the green zone preferably around the lows at $54.
NYSE:MPW has pumped 19.60%+ today, and I received a great question about whether MPW has bottomed out. There was an opportunity to buy within the buy zone, and MPW had a strong rebound out of this buy zone. The momentum is currently bullish, and there is the possibility that MPW continues trending up towards the light blue trendline, which gives a price target...