two different directions for five g stocks (fivg)either were in for immediate continuation of the breakout pattern to above the 42 area or, if the nasdaq isnt doing as well, a pullback to revisit the 40.5 area
Technology
#CRSR▶️ Music might start now! Price bouncing and creating H&S✅Hi All, my main 3 take-outs from this analysis are the following:
1- The price is bouncing from what seems to be a right shoulder of a reversal head & shoulder, visible in 4H timeframe but even more visible smaller timeframes
2- Next resistence to look at seems to be at around 21.7$, where there is also a nice gap to be filled.
3- If we manage to break this resistence, which is also the neckline of the head & shoulder, the next technical target would be the height of the pattern, meaning at 23.7$ apprximately, trying to attack then the higher part of the descending channel
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
TECH: The Next 10 YearsWeb 3.0 is the emerging paradigm of the Semantic web, where there is no central authority or gatekeeper. Whereas Web 2.0 was propelled by advances in social networking, mobile internet access, and cloud, Web 3.0 will be defined by advances in edge computing, decentralized data networks, blockchain, AR/VR and artificial intelligence. Web 3.0 is only just coming into picture. It will serve as an extension of many elements of Web 2.0, but will also create entirely new experiences and blue ocean opportunities.
For example, developers could combine parts of applications together or entire applications to customize how they experience and benefit from products and services.
Through the use of advanced AI, Web 3.0 search engines will offer personalized results based on individual preferences and needs. For example, if an IPA drinker and a Lager fan type ‘breweries near me’ in the search bar, they will receive different results for nearby breweries based on the type of beer brewed. Of course, this also means algorithms will know more about users.
More than 50 percent of data centers in the world are currently owned by Amazon, Google, and Microsoft. In Web 3.0, decentralized cloud networks and autonomous storage units will gain traction. Individuals will host and secure applications or ‘shards’, earning income that would otherwise go to large incumbents.
In Web 3.0, identity management will devolve back to individuals. People will control their digital assets and data, as well as access to them. Centralized and federated identity providers from Web 2.0 will fade into obscurity.
The ‘Metaverse’ will emerge, enabling people to participate and engage with a variety of 3D environments, including games, marketplaces, work spaces, socializing etc. The Metaverse will combine elements of AR/VR, blockchain/digital assets, semantic web and AI.
Whereas Webs 1.0 and 2.0 were cultivated, mass adopted, and financially exploited principally in a few technology hotspots -- US, Western Europe, and APAC, Web 3.0 will be global. We are entering a ‘New Digital World’ of borderless and frictionless transactions that will touch many aspects of life -- work, commerce, socializing, entertainment, etc. More and more people will have the opportunity to participate in this new world and benefit; geography and market access will no longer be major obstacles to success. The future is bright!
APPLE Big Numbers in Apple in a bullish structure. Apple Bullish
Sncerely L.E.D.
In Spain at 15/12/2021
QQQ (Nasdaq ETF) - Support, Resistance, Trendlines, Pattern 2021QQQ (Nasdaq ETF) - Support, Resistance, Trendlines - 2021- Daily:
Price Pattern: potential Head-and-Shoulders.
-Resistance Price Levels (colored horizontal lines above current price)
-Support Price Levels (colored horizontal lines below current price)
-Trendline Resistance (diagonal yellow lines above current price)
-Trendline Support (diagonal yellow lines below current price)
note: chart is on log scale.
$MSFT | 12/13-12/17 | Watchlist #3 $MSFT +343
(Over 343 for calls)
Technical Analysis: Bull flag breakout on the hourly chart
News catalyst: Last week, Wedbush Securities named MSFT as one of its top tech picks for 2022.
PayPal with possible 25% short-term returnHi Trader,
please see my current idea on the PayPal stock, which is giving us a perfect long entry in order to play this wave 4 retrace. If we hit target one it would give us a return of minimum 20%.
This is no financial advice, just my technical view of the stock market.
RT
Massive Massive arrowI'm very serious ! It is a little-known asset but that will be worth gold. ...
I think you should have some in your wallet!
The technology is infinitely good and very useful in the field of CGI, FX, and science for computing power!
The long-term target is huge! A big jump is to be expected towards the end, beginning of 2022
Redington ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
NAS selling idea based on us jobless claimsNAS selling idea based on us jobless claims and further technical analysis. further trade directions on the chart. MEsage me about getting more info via my persona website!
continued support for five g (FIVGthere should be continued support for fiveg stocks into the end of the year pushing FIVG back up toward $41
$MIRM sniper edition #2*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team entered $MIRM on October 29, 2021 at $15.70 per share. Our first take profit is at $21.
My team averaged down on our position today at $13.57 per share bringing our share average to $14.63 per share.
Our First Entry: $15.70
Our 2nd Entry: $13.57
First Take Profit: $21
2nd Take Profit: $26
If you want to see more, please like and follow us @SimplyShowMeTheMoney
two different directions for NVDAthe thought that NVDA could bear flag is upsetting to some, but the price could be lower, in which case rsi, stoch, macd would diverge bullishly. like wise a gap down that is bought, and confirms 4hr higher lows could be another trip to overbought levels on multiple timeframes
The "Q"We recently bounced off of a point of control on the 3 hour timeframe for the QQQ. The previous high has been broken. A lower high seem to have been made as of Dec 3rd and rejected off of the 200 ema (purple) . The 50/20 (orange/green) ema has crossed and price could retrace 50% of previous high give this information. A 50% retracement of the previous high would put us at $393.
AAPLSince early September, AAPL's price touched the top orange line on the Bollinger bands about 4 times. After it touches, price has the proclivity to retrace the previous low. A retracement towards $161 would be a 38% retracement. Previous high was broken after a higher low was made. Price has recently retraced 38% however, a lower high was made on the 1 hour timeframe.
NVDA sell climax nearthe indication is that NVDA will continue to find support near $301 and move toward the $315 area
nasdaq futures recovery (TQQQ)theres reason to believe a releif rally will come in the form of big tech and the nasdaq futures finding support and TQQQ moving back toward the $155 area
12/6-12/10 | Watchlist #2 | $QQQ $QQQ -380
(Under 380 for puts)
Price targets:
$380->$375
Technical analysis:
- Break down to lower bound of linear regression channel
BTC - Take Your Time - We Are Hodling!Hello Trading Family, if you like the idea, do not forget to support with a like and follow.
As per my last weekly analysis (attached below), BTC is approaching a demand zone in green and the lower brown trendline of the wedge pattern.
on H4: BTC is overall bearish from a medium-term perspective trading below the blue trendline, but since it is approaching a support zone, we will be looking for buy setups.
But before we buy, we want the bulls to take over again.
For example, and as per my trading style, I will be waiting for a new swing high to form around the blue trendline to consider it valid and then buy on its break upward.
Meanwhile, until the buy is activated, BTC would be overall bearish and can still dive inside the green zone.
In this case, we will be looking for new buy setups to form.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Agilent Long Chance on Moving AveragesAgilent just touched the MA200 and EMA200.
NYSE:A could bounce back to the previous high or maybe to the all-time high.
weekly chart: Long trend
monthly chart: Long trend
if Agilent continues the downtrend under the MA200 and EMA200, close position
My 5cents about AMD short term tradingIt seems like AMD has break the tunnel and continue going upwards, although tapering and interest rate hike kicking in, I believe it will still have momentum to continue moving up and beyond. however, for a shorter term trading strategy, I just use the tunnel height as a target.
Buy $BLOK - NRPicks 01 OctThe fund is an actively managed ETF actively engaged in the development and utilization of transformative data-sharing technologies. It may invest in non-U.S. equity securities, including certificates of deposit.
TSX Technology Index TTTKAlways important to keep in mind the bigger picture
Textbook patterns.
Test of 200 dma again most likely in the short term.
Good opportunities to add more exposure to this sector just be patient for now
