Buy This Bargain Before It's GoneIn early October 2023, we updated our previous forecast for the SPDR S&P 500 ETF Trust for the current year. Its price, after a short-term breakthrough of the triangle pattern (marked as (A)-(B)-(C)-(D)-(E)), returned above its lower border, and a new upward trend began despite the intensification of geopolitical tensions in the world, mainly due to the Hamas war against Israel.
On the other hand, in mid-November, US inflation data was released, which demonstrated the effectiveness of the Fed's policy. So, the consumer price index (CPI) rose by 3.2% for the 12 months ending in October, one of the lowest values in recent years.
The sharp decline in this indicator was primarily due to a significant decrease in prices for both energy and used cars and trucks.
Ultimately, these data triggered a short squeeze on government bonds, which had a positive impact on the stock market. Currently, on the daily timeframe (1D) of the SPDR S&P 500 ETF Trust, a gap has formed in the price range from $441 to $446, which, according to our estimates, will be closed in the next 1-2 weeks.
On a more global scale
Thanks to positive macroeconomic data released by government agencies in the US and European Union and lower oil prices in recent weeks, the likelihood of the Fed cutting interest rates in early 2024 has increased sharply.
We believe that the decline in 2-year Treasury yield will continue in the near future, which will also support the continued momentum of the SPDR S&P 500 ETF Trust. Moreover, financial market participants should pay closer attention to changes in the yield curve, which is becoming increasingly important and one of the most accurate fundamental tools for predicting changes in sentiment on Wall Street.
As soon as the 2-year Treasury rate approaches the 10-year Treasury rate, this will provoke investors and traders to exit long positions in bonds and more aggressively buy ETFs, shares of technology and pharmaceutical companies.
Conclusion
We believe the pace of the US economic recovery will continue to accelerate and expect the SPDR S&P 500 ETF Trust to reach $463-$464 by the end of 2024.
Analyst’s Disclosure:
This article may not take into account all the risks and catalysts for the stocks described in it. Any part of this analytical article is provided for informational purposes only, does not constitute an individual investment recommendation, investment idea, advice, offer to buy or sell securities, or other financial instruments. The completeness and accuracy of the information in the analytical article are not guaranteed. If any fundamental criteria or events change in the future, I do not assume any obligation to update this article.
Stocktrading
COIN stock - Bullish on longtermCOIN is breakoing out from the channel. Probably correlated with BTC movements, which is also bullish yet. Now looks great to reach the last ATH or more :) Of course it's depend on a lot of things.
I bought around 80-82 USD, so my SL is around 85. I'm in winning position now, just the profit amount is the question :)
I'm a beginner trader so I charting for myself only. I mostly trading with crypto but sometimes I wanna check my ideas are working or not.
This is not a financial advice!
PACK.N0000Buy Zone has been mentioned in above chart.
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
ASIY.N0000Buy Zone - 4 to 4.4
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
HBS.N0000 - Falling wedge patternFalling wedge pattern and bullish divergence in daily chart. Wait for a pullback and target around 20-25.
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
Scenario for the week aheadAs we had a massive push up by buyers last week, now we are in zone that we need to have more cautious. buyers were trapped there before, and we expect a little rotation to lower levels and then a decision to where we are going.
Attention for ES and RTY wich are relentless to the resistance zone now.
VIX very low, and expectation is to increase a volatility.
Moodys downgrade could face a GAP down.
FORD MOTOR CO (F) 1M NYSE:F FORD MOTOR CO (F) 1M
### Current Situation:
- **Stock Price:** $9.84
- **Moving Averages:** Below the 50-day, 100-day, and 200-day Moving Averages (MA)
- **Volume:** 508 million
- **Relative Strength Index (RSI):** Between 50.00 and 40.00
- **Moving Average Convergence Divergence (MACD):** Signals below the histogram
### Analysis:
1. **Price and Moving Averages:**
- The stock trading below the 50-day, 100-day, and 200-day MAs typically indicates a bearish trend.
- This positioning suggests a lack of upward momentum and possibly a bearish sentiment among investors.
- These MAs might act as resistance levels if the stock tries to move upwards.
2. **Volume:**
- A high trading volume of 508 million can indicate strong interest in the stock. However, the interpretation depends on the price movement context. High volume with a price decline can signal strong selling pressure.
3. **Relative Strength Index (RSI):**
- An RSI between 50 and 40 is often considered a neutral zone. However, trending towards 40 can indicate that the stock is approaching the oversold territory, which sometimes precedes a potential upward reversal.
- It's important to watch for whether the RSI crosses below 40, as it could reinforce the bearish trend.
4. **Moving Average Convergence Divergence (MACD):**
- MACD signals being below the histogram, especially if the MACD line is trending downwards, suggests bearish momentum.
- This might indicate that the downward trend is strong and could continue in the short term.
### Implications and Potential Strategies:
- **Short-Term Traders:**
- There might be opportunities for short-selling, given the bearish indicators.
- Watch for any bullish signals or a reversal pattern as an entry point for buy positions.
- **Long-Term Investors:**
- It's essential to consider fundamental factors alongside these technical indicators.
- If the fundamentals are strong, this bearish trend could present a buying opportunity. However, caution is advised until there are signs of trend reversal.
- **Risk Management:**
- Given the bearish indicators, risk management is crucial. Setting stop-loss orders can help mitigate potential losses.
### Conclusion:
The technical analysis suggests a bearish trend for Ford Motors stock in the short term, with several indicators pointing to downward momentum. It's crucial for investors to monitor upcoming price movements and news that might affect the stock. Also, integrating this technical analysis with a fundamental analysis of Ford Motors and the broader market conditions is essential for a well-rounded investment decision.
Remember, investing in the stock market involves risks, and this analysis does not constitute financial advice. It's always advisable to consult with a financial advisor before making investment decisions.
TESLA: Should HSBC's $146 target price scare the market?On first impression it is obvious that this reduced rating of Tesla shares by HSBC, did scare the market as the price is falling more than -6% intra day. The 1D technical outlook is now bearish (RSI = 37.472, MACD = -7.750, ADX = 34.942) with the price dropping below the 1D MA200, despite having it hold the last 4 sessions. Perhaps the most dangerous development is the rejection of the RSI on the LH trendline of June.
That is also evident on the 4H timeframe, the same LH trendline is present and just rejected the RSI. On the bright side though, the 4H timeframe shows that the current pattern is an Inverse Head and Shoulders similar to the bottom patterns of August, April and January. All those patterns former the RS (Right Shoulder) under the 4H MA50 but over, even slightly, the 0.5 Fibonacci level. Now the price is slightly under it. If it closes there, consider it a bearish sign for the short term.
On the long term, the key is where the 1W candle will close. With the 1W MA50 and MA200 on top of each other, the last two weekly candles closed over them, which hints towards a bottom formation. If the week closes again above them, consider it a bullish sign. If below, then HSBC's target may soon become a reality as selling order will pile up.
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Why Boiron Stock Deserves Attention. Stock to buyAre you a believer in the power of natural remedies and alternative medicine? If so, get ready to discover a hidden gem in healthcare stock investments – Boiron stock. Homeopathy has been gaining traction as an effective and holistic approach to healing for centuries, and now it’s time to uncover its potential from an investor’s perspective. Join me as I delve into why Boiron stock deserves your attention, unravelling the mysteries behind this ancient practice and exploring the promising future. Get ready to be captivated by the untapped opportunities waiting within this fascinating industry!
The stock has reached a solid monthly demand imbalance at €39 per share. The price of this French stock has already started to rally since the imbalance took control last 23rd October 2023. Watch the video below for a complete analysis of this French stock.
VERIZON: Strong rally testing the 1D MA200.Verizon is bullish on its 1D technical outlook (RSI = ) as it is on a continuous rise since the bottom a month ago. Using the 1D MA50 as Support, it even crossed over LH trendline of January and crossed over the 1D MA200 for the first time since April 22nd 2022.
Despite this crossing, it has closed the last candles under it, which shows the short term, to say the least, struggles on this key Resistance level. The previous pullback was on the 0.382 Fibonacci to the 0.236. Now it hit the 0.5 Fibonacci and we are expecting an analogous pullback to the 0.382 that will pave the way for the next series of green candles. We will buy that pullback and target the R1 level (TP = 37.70).
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The Expected Bounce was on Queue. Tomorrow We Drop.Traders,
We have been batting 1000 lately when it comes to the SPY. Might as well make another bold prediction. It would seem that the greatest probability of price action is outlined in the chart. An inverse H&S is forming and the right shoulder has yet to start.
I predicted the target down from the last H&S pattern to be 410. That was hit, almost to the dollar. I then predicted a huge bounce. We have that now. In fact, 7 days of green candles! Amazing. I even predicted the timing of the bounce. The charts gave me all of this data. I just had to read it correctly.
Now, the chart is telling me that it's time for a bit of a pause. If correct, we should see the right shoulder from that inverse H&S drawn now begin to form. If we're lucky we stay in my outlined green channel by using that 200 day ma near the bottom of the channel as support.
Blowoff top underway!
LFG!
Stew
COMCAST Pullback ain't over yet. See where to buy.Despite the impressive six day rally after its Earnings gap down, Comcast has been rejected on the LH trendline without managing to cross over the 1D MA50. With the 1D MACD on a Bullish Cross though and the 1D technical outlook slightly bearish (RSI = 44.968, MACD = -0.620, ADX = 24.974), we expect a 0.618 Fibonacci pullback in a similar manner as November 3rd 2022 and March 24th 2023. Our medium term target is R1 (TP = 47.35).
See how well our prior idea has worked:
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RIVIAN: Buy signal emerged.Rivian has found support inside April's HL Zone while the 1D RSI flattened. The 1D technical outlook is only slightly bearish (RSI = 42.485, MACD = -1.120, ADX = 38.728) despite being inside a Channel Down since July 27th. Technically it is replicating the January-April correction, which eventually bottomed when the 1D RSI flattened.
We use the 1D MA200 rejection as a short term buy signal, aiming at the 1D MA50 (TP = 20.00).
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CAT : Unlocking Upside Potential with a $290 TargetCaterpillar Inc (CAT) has recently demonstrated significant upside potential according to the latest technical analysis. Let's delve into key points supporting this positive outlook:
Recent Developments:
On October 31, 2023, CAT's stock price touched a critical support area at $228.37, marking its lowest level since June 2023. The significance of this level is reinforced by the presence of a long-term upward trendline dating back to March 2021. This underscores strong demand at this level, signaling the continuation of the upward trend.
Positive Reversal:
Following the support touch, CAT shares experienced a positive reversal by successfully breaking through the previous resistance level at $244.24 on November 3, 2023. This indicates an increased buying pressure, suggesting that CAT has the potential to continue its ascent to higher levels.
Target Price Set:
The proposed target price is around $290, reflecting the highest level reached in August 2023. This target selection is based on psychological aspects and the Highest level of all time
Momentum Indicator Support:
Two key momentum indicators, MACD (Moving Average Convergence Divergence) and RSI (Relative Strength Index), provide positive signals:
MACD is above its signal line and the zero level, indicating that upward momentum is increasing, supporting the continuity of the uptrend.
RSI has moved above the 50 level and is approaching 70, suggesting that CAT may be in an overbought condition. This indicates a higher number of buyers than sellers, supporting the prediction of price increases.
Conclusion:
Based on this in-depth technical analysis, Caterpillar Inc (CAT) shows robust potential for upside movement. However, as with any investment decision, it is advisable to conduct further research and consider risk factors before making decisions. Stay informed about the latest news that may impact the overall stock market.
Financial Planning: An IdeaHello Trader
Today we have to talk about financial knowledge, how important is it to have financial knowledge and whether can it make us financially free.
Let's begin,
Everyone needs money to survive. Financial planning is the process of managing your money wisely to achieve your financial goals. It involves planning your future finances keeping in mind your current situation.
In simple terms, financial planning helps you answer questions like:
How can I save more money?
When can I comfortably retire?
How can I pay my debts?
All these questions are very important if you want to be financially free
* Financial planning helps you identify your long-term and short-term goals, whether it's buying a house, children's education, or retirement so that you don't have to worry about anything.
* An important aspect of financial planning is insurance. It helps protect you and your loved ones from unexpected events like accidents, illnesses, or the loss of a loved one. By getting the right insurance coverage, you can minimize the financial disaster of such situations.
* Investments are also a part of financial planning. It involves putting your money into different types of assets, such as stocks, bonds, or real estate, to grow your wealth over time. Financial planning also involves knowing where to allocate your investments accurately.
Finally, financial planning includes preparing for retirement. It involves estimating how much money you will need in retirement and determining how much you should save each month to reach that goal. Retirement planning ensures that you can enjoy a comfortable and financially secure life after you stop working.
Types of financial planning
1) Tax Planning
Tax planning is the process of arranging your finances in a smart way to pay the least amount of taxes while staying within the rules set by the government. It involves making decisions about when to receive income, how to spend money, and which deductions or credits to take advantage of. The goal is to legally reduce the amount of taxes you have to pay, so you can keep more of your hard-earned money.
Types of Tax planning
Tax planning is a way to reduce the amount of tax you have to pay. But it's not just about that - it also tells you how to make smart decisions with your money to reach your financial goals. By investing in the right things at the right time, you can increase not only the tax but also your wealth. So tax planning is not just about minimizing taxes, it's about making your money work for you.
Following are the various methods of tax planning
(A) Short-term tax planning
In short-term tax planning, individuals or businesses focus on finding legal ways to reduce their tax liability as the end of the fiscal year approaches. It does not require long-term commitments but can still result in significant tax savings.
(B) Long-term tax planning
With long-term tax planning, individuals or businesses create a tax plan at the beginning of the fiscal year and follow it throughout the year. While immediate tax benefits may not be available, this approach can be beneficial in the long run.
(C) Permissive tax planning
Permissive tax planning involves utilizing various provisions within the tax laws of a country, such as deductions, exemptions, contributions, and incentives. For example, in India, there are provisions like Section 80C of the Income Tax Act, 1961, which offer deductions on specific tax-saving investments.
(D) Purposive tax planning
Purposive tax planning involves using tax-saving instruments with a specific purpose in mind. This strategy ensures that you maximize the benefits of your investments. It includes carefully selecting suitable investments, having a plan for replacing assets if necessary, and diversifying business and income assets based on your residency status.
2) insurance planning
If you don't plan properly for insurance, unexpected events in life can leave you financially vulnerable. By insurance planning, you can identify the risks that may affect your life and choose the right insurance policy to protect against those risks. So that you can protect yourself and your family financially in the future.
Let's talk about the benefits of insurance planning
(A) Protection from Unexpected Events
Having a good insurance policy helps you reduce the financial risks associated with things like illness, accidents, or even death. It ensures that you and your family are prepared to face these unexpected challenges without having to give up your quality of life.
(B) Different Types of Insurance Coverage
* There are different types of insurance policies that cover various risks. For example, health insurance plans cover medical emergencies, hospital expenses, medications, and doctor visits.
* Life insurance or personal accident insurance provides coverage in case of premature death.
* Motor insurance protects your vehicles against theft, accidents, and liabilities to third parties.
* Travel insurance policies offer coverage for unexpected events during your trips. By choosing the right combination of policies, you can create a complete financial protection plan for yourself and your family.
(C) Financial Protection
Insurance planning provides financial security by compensating for losses incurred during covered emergencies. It helps you recover financially from unexpected situations and protects your savings.
(D) Tax Benefits
Certain insurance plans also provide tax savings. For example, the premiums you pay for health insurance are eligible for tax deductions under the Income Tax Act. This means you can lower your taxable income by purchasing specific insurance policies.
(E) Peace of Mind
Having a well-planned insurance portfolio gives you peace of mind. You don't have to worry about losing your savings due to unforeseen events. You can also plan for the financial well-being of your family even after your death by using term and life insurance plans.
Insurance planning can be easier if these points are kept in mind
3) Investment planning
* Investment planning is a process that helps you make smart decisions about your money.
* It involves thinking about your goals and figuring out the best ways to use your money to achieve those goals.
* There are various options for investment, such as putting your money in stocks, bonds, or property and earning good profits.
* This planning helps you build a strong financial foundation and make adjustments as needed.
Here I will tell about 7 benefits of investment planning
(A) Building Wealth
Investment plans with life insurance are a reliable way to grow your wealth over time. As an investor, you can choose the plan that best suits your needs based on risk, returns, and the amount you can invest. These plans can provide financial assistance for future expenses like your child's education, their wedding, your retirement, or a pension.
(B) Financial Security
Life insurance policies offer both life coverage and investment options. They take care of your family financially by providing both survival benefits and death benefits. When the policy matures, you receive returns with profits. This ensures long-term financial security for your family. In the unfortunate event of your demise before the maturity period, the insurance company pays the sum assured to your nominee, providing financial protection to your family.
(C) Coverage for Death Risk
Not all investment options offer coverage for the risk of death, but investment plans with life insurance do. These plans include death risk coverage, ensuring that your family's financial needs are taken care of even in your absence. The sum assured is paid to the nominee in the event of your death.
(D)Retirement Savings
You can purchase these investment plans at any stage of life, allowing you to create a retirement corpus. By investing in these plans, you can become financially independent even after retirement.
(E) Flexibility
These investment plans offer flexibility in terms of the amount you can invest and the duration. You can choose what suits your needs and financial planning.
(E) Tax Savings
Investment plans not only provide risk cover and help accumulate wealth, but they also offer tax savings. The premiums and payouts are exempted from tax under sections 80C and 10(10D) of the Indian Tax Act. These plans offer a perfect combination of savings, wealth creation, financial protection, and tax benefits.
(F) Loan Facility
Life insurance investment plans can also act as loan facilitators, depending on the coverage you have, the premiums paid, and your eligibility for the loan amount.
4) Retirement planning
* Retirement planning is the process of preparing for life after you stop working.
* It involves thinking about how much money you will need to live comfortably when you are not earning a regular income.
* Retirement planning tells you how to save and invest your money wisely to have enough funds to support yourself during your retirement years.
* Retirement planning is essential so that you can enjoy a comfortable and worry-free life when you decide to stop working.
Understanding retirement planning
* Retirement planning is the act of preparing for life after employment, which includes not only financial aspects but all areas of one's life.
* Beyond financial considerations, retirement planning includes lifestyle choices, such as how to spend time, where to live, and when to stop working altogether.
* Retirement planning focuses on different stages of life.
* In the early stages of a career, the emphasis is on setting aside sufficient funds for retirement.
* As one approaches mid-career, it may also include establishing specific income or wealth goals and taking the necessary steps to achieve them.
* Thus, retirement planning is necessary for you to lead a comfortable life at the time of retirement.
5) Estate planning
* Estate planning is when you make important decisions about what happens to your money, assets, and liabilities after you pass away or if you become unable to make decisions for yourself.
* This includes things like choosing who will receive your assets, making sure debts and taxes are taken care of, and even deciding who will take care of your children or pets.
* People usually work with an attorney who knows estate law to help them plan.
* Some common steps in estate planning include making an inventory of what you own and owe and checking your bank account.
Process of Estate Planning
* Estate planning is the process of deciding what will happen to a person's assets after they pass away and how their financial affairs will be managed if they become unable to do so themselves. It's important to know that estate planning is not only for wealthy individuals; anyone can and should consider it.
* An estate includes things like houses, cars, investments, artwork, life insurance, pensions, and debts. People have different reasons for estate planning, such as preserving family wealth, providing for their spouse and children, funding education for future generations, or leaving a charitable legacy.
* The first step in estate planning is usually creating a will.
Other important tasks include
* Setting up trust accounts to reduce estate taxes and benefit specific beneficiaries.
* Designating a guardian for dependents who are still alive.
* Choosing an executor to oversee the will's instructions.
* Updating beneficiaries on life insurance policies, IRAs, and 401(k) accounts.
* Making funeral arrangements in advance.
* Making annual gifts to charities or nonprofits to lower the taxable estate.
* Creating a durable power of attorney to handle other assets and investments.
By taking these steps, individuals can ensure that their wishes are followed, their loved ones are provided for, and their assets are distributed as intended.
6) Cash flow planning
* Cash flow planning is all about managing and predicting how money comes into and goes out of someone's or a business's finances. It means keeping track of how much money is earned (income) and how much is spent (expenses) during a specific time, usually every month or year.
* The main goal of cash flow planning is to make sure there's enough money to cover important expenses, meet financial commitments, and achieve money-related objectives. It helps individuals and businesses make smart choices when it comes to spending, saving, and investing their money.
* Basically, cash flow planning involves creating a budget or financial plan that outlines the expected sources of income and estimates of expenses. By analyzing and keeping an eye on cash flow, it becomes possible to spot potential shortages or surpluses and adjust accordingly. This way, people can manage their money better and make informed decisions on how to use their resources effectively.
* When there's a clear understanding of cash flow, individuals and businesses can take proactive steps to ensure they have enough money to cover their needs, save for the future, and handle any unexpected financial challenges that might come up.
* Thus by doing financial planning in this way and by doing this 6-step planning you can become financially free.
Note: The next article is on the life cycle and wealth cycle in which I will tell you what percentage should be invested according to age and income.
I apologize for the grammatical errors.
Thank You!
Money_Dictators
By @Money_Dictators on @TradingView Platform
COINBASE ready for a new rally.Coinbase turned bullish on the 1D technical outlook (RSI = 63.427, MACD - 1.240, ADX = 25.992) as it is on the 5th straight green day since the 1D MA200 rebound. This was also near the bottom of the year long Channel Up, so the probabilities for a new rally/ buying wave like January and Jun/ July are increased. The key here is to hold the 1D MA50. If the stock doesn't break it, we will stay bullish and target the -0.236 Fibonacci extension (TP = 140.00) similar to where the July 14th top was priced.
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ABBVIE Short term buy signal.ABBV is on a bearish 1D technical outlook (RSI = 39.987, MACD = -1.990, ADX = 42.078) but is quite possibly forming a short term bottom as the 1D RSI rebounded from an oversold level (under 30.00), while the MACD is close to forming a Bullish Cross. Every time those two conditions were fulfilled simultaneously inside the 1 year Channel Down, the price was a buy. Go long and target a similar LH trendline to early 2023 (TP = 153.00).
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AMD: Not long term bullish yet.Advanced Micro Devices has had an enormously bullish day as a natural result of yesterday's better than expected earnings and this rise closed the session almost at the top of the Channel Down pattern. This was enough to turn the 1D timeframe bullish (RSI = 59.297, MACD = -1.230, ADX = 33.876).
This however isn't yet a long term buy signal buy for the first time since June, it is an encouraging one as it is being executed after a 1D MACD Bullish Divergence, on a Bullish Cross too. However we will only buy for the long term after the price crosses over the R1 level and then retests it as Support. If fulfilled, our target will be the 0.786 Fibonacci level (TP = 124.00).
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Hochschild Mining breaking out?On the weekly chart, Hochschild Mining looks to have broken out from 95.75 resistance. This bottom started to form in July 2022, so it's taken a year and 5 months to complete. As Gold is pushing higher this could mean more to come from this miner?
WARNING: This not a recommendation to trade. Do your own research and decide on your own trades.
NVDA Possible short opportunityNvidia stock, though being of the leaders in the chip and AI markets, is making a strong possible short opportunity.
When we look at the Weekly chart, we see a nice Head and Shoulders formation in the making. Points to consider if taking this opportunity:
1. I will be waiting for NVDA to drop below $400 mark, to be more precise, $398. I need this down pump for the entry to be valid.
2. When the play starts, I will set my SL close to $411 level. Why there you may ask? If the drop in price happens, $411 will be the level where 10EMA will be on the Daily time frame, and since this will be a short sell, I don't want to give the market the opportunity to test the higher part of the Neckline. The Neckline of the Head and Shoulders will be my exit point, if the price breaks above the neckline, I will most likely be closing the trade manually.
3. For the TP level , I am looking at couple of possibilities. First one, is the entire length from the Head to the Neckline which is in range of some $100 price movement. The second possibility, the more conservative one, will be the previous Higher High of the movement, sitting around $346.61 price level which is also where the 200EMA is currently at. The third one, is of course the 200EMA itself. As the price keeps moving, it will move as well, and if there is no strong market movement and price makes the second guess on whether or not it will go down, the 200EMA will be my "get out quick" point.
Of course, as always, this is no financial advice. This is just my humble opinion.