🔉Sound on!🔉 Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
NASDAQ:MSFT needs to do a split. It doesn't have buybacks at this time. It is at risk of more downside until it hits prior lows. Support should kick in at the lows of prior rebound areas. The last earnings report was good. Percentage of Shares Held by Institutions ticked up this quarter.
Hi guys so this is a Macro analysis on Shopify (SHOP). Recent weeks of price action have got my eyes on SHOP. Lets jump right in. This analysis is done on the 1 week timeframe thus supporting a Macro lens look on whats happening. As you can see, ive highlighted key area with an Orange rectangle. Below it, you can see candles attempting to get into it and...
Hi Guys. As always im on the look out for Macro opportunities in assets with market structure or patterns that scream "Pay Attention to me". One that stood out to me was ARLO. This analysis is on the 1 week timeframe. Notice the Orange rectangle. This zone is a MAJOR Support/ Resistance zone. When Arlo went Public, we started ABOVE this zone. Then made our...
Hi guys! So always looking for opportunities in repeating patterns/ macro developments. SNowflake (SNOW) particularly stuck out. This analysis is conducted in the 1 day timeframe. Since June 2022, SNOW has been in a Ascending Channel with consistent Higher low prints. This shows a reoccuring pattern of everytime we've made our way to the bottom of the channel...
PLUG is on a 60 minute chart ascending in a relatively parallel channel and oscillating within it. Price has cycled into the lower thick green support trendline. A falling wedge pattern is seen It is now on its second touch of the support. PLUG has gained 75% in three weeks. As a green energy small cap, it is sharing an uptrend with FCEL, QS and others. ...
Hi guys! This is a Technical Analysis on Crowdstrike Holdings (CRWD) on the 1 Week Timeframe. Since this is a WEEKLY chart, its important to note that the current candle is not yet confirmed and closes end of trading Friday, 08/11/2023 Lets take our attention to the Orange circle highlighting current price action. We have reached a critical SUPPORT zone. A...
Hi guys! This is a Technical analysis on CVS Health Corporation (CVS) on the 3 day timeframe. We discuss some Current developments on CVS, which maybe pointing to signs of potential opportunity to invest/ hold CVS. We've had a deathcross that has brought us down more than 38%. Which has lead us to a critical support trendline that has acted as support since...
Chemical sector has lately showed some good reversal signs. SRF is one stock which you can keep on your watchlist from chemical sector. Pin bar candle in weekly TF near support might be a signal of start of uptrend in the stock. Minimum target can be 2400. SL is below low of pin bar candle or below 2100 WCB. IDEA IS SHARED ONLY FOR EDUCATIONAL PURPOSES
Hi guys! This is a technical analysis on Etsy (ETSY) on the 3 Day timeframe, supporting a potential Support Bounce Play. We've come a long way from our recent Rejection off the "Major Resistance" Red Trendline. Moving below the 21 EMA (Purple line) Breaking Below our previous Support Trend line Turned Resistance Line (Black Horizontal line) To now come in...
HI guys, ive been following Shopify (SHOP), since its test of some important SUPPORT. This is a quick update from my previous idea. (Which you can find down below for more context) We've currently bounced extremely bullish off the SUPPORT level, heading towards a SUpport turned Resistance line associated with the UPTREND channel i identified. Normally when we...
Hi Guys! This is a Technical Analysis on ARK Innovations ETF (ARKK) on the 1 Week Timeframe. Jumping right in: Our current Price action is currently bouncing off a Confluence of SUPPORT Test We tested this Confluence of Support area the prior 2 weeks. The Confluence involves: 1. 50 SMA 2. Support Line of the Uptrend Channel This would make an area to go...
It had an insane move today, it may not be over yet, lots of traders in big profits so we can see some flush down taking profit moves. Be careful. The fact that it is still so high, could bring more buyers... Details on the chart. Good luck traders
NSE: ROLEXRINGS is closing with a bullish swing reversal candle. Today's candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been consolidating for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be...
Set alerts on this one. Preferable support zone bounce entry. Oscillators in the sweet spot on 15min chart. Good luck traders!
Price has made a double bottom on the daily timeframe. Strong price rejection on support suggests a strong bullish move coming.
I've put a stop market order right below the Kijun-Sen as that would mean we are moving away from these 2 strong ichimoku resistance lines. The chikou span is free to go lower as it will take 12 more bars for it to touch close again. It also gives some nice resistance when touching past price area. You can use a smaller stop and take profit to your liking but the...
Voltas is nearing its very strong support zone of 1140, it bounced multiple times in last three months from 1140 levels. Could be bought here or on dips till 1155-1160 levels & hold with stoploss slightly below 1140 levels for bigger targets of 1250/1300