DELL, Massive BULLISH Price-Action Spikes, EXPANSION-Setup!Hello There!
Welcome to my new analysis of DELL. In recent times I have spotted and analyzed important setups in the stock market that have the ability to emerge with a worthwhile hedge against the severe inflation, recession, and supply-chain events currently going on. In today's times, it is more than necessary to pick the gems that have the potential to be the primary hedge for the crucial transformational events going on. In this case, my main approach within the stock market is to only pick the top trading setup opportunities to move forward with a total-return approach to hedge against bearish liquidation events.
With DELL, it has to be mentioned that DELL had the ability to emerge with this momentous all-time-high breakout printing this over 30% bullish spike wave towards the upside. In this case, the volume is also an important factor here, because without the increased volume this would just be a huge bull trap and the bears are likely to turn the market again. However, this is not the case and DELL had the ability to confirm this important bullish price-action spike with the necessary volume confirming it as a legit breakout and establishing the base for further expansions.
Together with this major all-time-high breakout DELL also is trending in this gigantic expansional wave-count with the wave A and B already being completed and now the wave C is within the expansion phase. This means that with the bull-flag formation that completed wave B the DELL price-action already set a 350% wave expansion target within the 180-200 area. Especially when the volatility as it is currently doing increases 3x, 4x, 5x, or more this means that these targets will be reached at a much faster pace than is the case with other setups in the market.
Currently, DELL is already forming the continuation setup with the ascending triangle on the local term which will be completed within the next time, especially when this happens with a high volatility the increased momentum will be determined. Because of the significance of this important setup and because DELL has been approved as a major potential gem I am keeping the stock on my watchlist and elevating important changes, especially in terms of events that could trigger a huge demand rally here.
Thank you everybody for watching my idea about DELL. Support from your side is greatly appreciated.
“Price is what you pay. Value is what you get.”
VP
Usstockmarket
HD, Crucial, Two Formations Setup the BEARISH BREAKOUTs!Hello There!
Welcome to my new analysis about HD on several timeframe perspectives. As the whole stock market is moving into a decisive phase where more and more mixed sector stock developments emerge with many sector stocks to increase a bearish possibility while others still remain in a major bullish condition it is highly necessary to consider those stocks that have main bearish potential in a total-return approach to also profit when the stock price is declining. In this case I have spotted HD, a major potential short-side-candidate when considering the total-return approach in the current stock market.
As when looking at my chart now, the most important indication for HD is that it is forming two major bearish formations that are going to double the effect of bearish acceleration to the downside once they have been completed. The first bearish formation HD is forming is this gigantic head-and-shoulder-formation which is already in the final stages of completion as the right shoulder is about to be finalized. The second bearish formation HD is forming is the crucial bear-flag-formation forming simultaneously with the right shoulder and is also going to accelerate the bearishness hugely once a breakout has shown up.
Both bearish formations HD is forming here are pointing into the crucial bearish resistance-cluster into which HD is now moving, this means that there is an enormous high possibility for a massive pullback and bearish continuation towards the downside as HD is already attempting to do so there are not much confirmation signals remaining till the total bearish breakdowns. In this case it will be especially important on how HD actually moves below the two main EMAs here, with the first EMA being the 65-EMA marked in red, and the second EMA being the 200-EMA in blue. Once HD broke out below the 200-EMA in blue as well as the lower boundary and neckline of the gigantic head-shoulder-formation this is going to setup the bearish-continuation and bearish-acceleration to activate the target-zones.
Currently all indications point to the massive bearish continuation and acceleration to setup in the next times. Especially, when other major sector stocks turn bearishly to the downside this can have an acceleration effect on HD also. Once the formations have been completed it is going to activate the target-zones as seen in my chart between the 177.5 and 185 level. In this case HD will show how much it is going to increase the bearishness once it approaches these levels because if there is an extremely high bearishness there is also the possibility that HD just breaks down with exponential high bearish pressure below these levels and even does not attempt to form a reversal in this zone.
In this manner, thank you everybody for watching the analysis, support from your side is greatly appreciated.
VP
WMT, Ascending-Triangle-Formation, BREAKOUT Incoming!Hello There!
Welcome to my new analysis about WMT on the 2-hour timeframe perspectives. As I mentioned in previous ideas the stock market currently is in a highly mixed condition with many stocks being bullish and having breakout potentials while others make better short candidates. The approach with a total-return trading is to make profits in all states of the market either to the up or downside and therefore pick setups on the long as well as short-side. In this case I spotted a important price-action-dynamic with WMT that is likely to lead to a major breakout towards the short side. Especially, with the dynamic setting up here this has a massive potential to turn into a considerable opportunity to move forward within the next times.
As when looking at my chart now WMT is forming this major ascending-triangle-formation with the continued wave-count within the formation and the waves A to D already completed. Now as WMT is edging higher within the triangle it is going to approach the upper boundaries in combination with the main all-time-high resistance from where a pullback is highly likely once the wave-count has been completed. This means that once WMT pulled back off the upper levels and breaks out below the lower boundary it is going to setup the further bearish continuations as marked in my chart with the breakout-setup.
Once the breakout has shown up WMT is going to set up the next wave C within the main wave-count reaching from A to C. Especially once the trend acceleration below the 45-EMA as well as 100-EMA emerged this is going to point towards the lower levels and further bearish volume to accelerate. Once the whole formation has been completed it will activate targets seen within my chart within the 155 level. Once these targets have been reached there is also the possibility for a continuation if the main double-top-formation should complete with a huge breakout below the 155 level. Especially, considering the dynamic to show up with huge bearish momentum this has a high possibility to convert into a further bearish continuation therefore the stocks stays on the watchlist as a main short-candidate.
Thank you for watching my analysis. Support from your side is greatly appreciated.
VP
CAT, Formed EXPLOSIVE BULL-FLAG-BREAKOUT, Extension Prevails!Hello There!
Welcome to my new analysis about CAT Stock Price Action Analysis on the Weekly Timeframe Perspectives. The CAT Price Action recently showed up with a highly important dynamic and in this case a major formation has been formed that caught my attention. The CAT earnings through the recent quarters look pretty damn solid and the equity-to-debt ratio held stable through the recent quarters indicating a substantially fundamental base from where CAT has a strong potential to be backed from a financial market investors open-interest perspective. While other sector stocks showed up with pullbacks CAT moved on to form new highs. Such dynamics are pointing to a interesting stock price-action dynamic that should be considered in the schedule.
When looking at my chart now I have marked there this huge bull-flag-formation which CAT has built during the last times. Within this formation CAT moved on to form a new higher high exceeding the previous one into an all time high as well as several higher lows that supported the bull-flag-formation to be completed with the breakout above the upper boundary. CAT also bounced several times within the 65-EMA in blue and the 25-SMA in green building substantial support-structures in combination with the main ascending-trend-line. The wave-count within the bull-flag-formation has been completed appropriately and from there on the final breakout above the upper-boundary has been validated by the bullish volume.
The major formation that CAT recently completed here has now activated the upper target-zones as marked in the chart together with the major wave-C to emerge out of the breakout-origin. The fact that the waves A and B have already completed give the breakout and wave-C extension a fundamental base for the expansion to show up within the next times. The setup and indications that CAT provided here are delicate for an main positioning into the bullish direction and it has to be remarked that not every stock is showing such concrete factors into the appropriate direction this is why CAT is a main considerable stock-pick that we will keep following on the watchlist.
Within the near terms a final setup-determination above the upper-boundary of the formation as seen in my chart is likely and from there on the wave-C expansion-wave will determine to reach out the upper-target-zones. Once the zones have been reached further assumptions need to be made. Especially a continued healthy equity management of the company can support the bullish case massively.
In this manner, thank you everybody for watching the analysis, support from your side is greatly appreciated.
VP
MSFT, PULLBACK Momentum, Positions Trigger, BEARISH-Indication!Hello There!
Welcome to my new analysis about MSFT Stock Price Action Analysis on Several Timeframe Perspectives. In the recent times MSFT has emerged with a crucial pullback to the downside almost printing over 10% of a bearish pullback. In such occassions a big question is if the bearish momentum will accelerate into the bearish direction and if higher inflation rates could heavily increase such a bearish momentum. In any cases the bearish momentum wave could trigger further long-liquidations down the path.
In my chart you can watch that MSFT is about to complete a huge ascending-wedge-formation and such a ascending-wedge-formation is likely to lead to a massive pullback and bearish reversal once it has been completed with a breakout below the lower boundary. Currently this pullback could be triggered when MSFT moves below the remaining supports between the 315 to 320 area as many many long-positions are waiting below this area this will lead to such a bearish momentum that a reversal into the other direction will be unvalid.
There is the possibility that MSFT firstly stays within the area and bounces in the remaining supports to form something like an initial reversal, nonetheless MSFT has still huge resistance levels in the structure especially when moving into the upper boundary of the ascending-wedge-formation this upper boundary is a paramount resistance-zone from where the pullback to the downside is inevitable. This means that also with the initial stabilization the completion of the whole ascending-wedge-formation will shape a reality for MSFT and complete the pullback and liquidations down the path.
If the bearish momentum accelerates so heavily once the wedge has been completed it will be highly decisive on how MSFT moves into the final target-zone of 220 because if the bearish momentum should be that high that a reversal in this area will not be possible this will complete the huge double-top-formation and will accelerate even more liquidations to point to a scenario of MSFT moving below the 150 area.
For now the bearish scenario for MSFT should not be underestimated and should be watched and because of this we will keep having the symbol in our watchlist and adjust to changing factors.
In this manner, thank you everybody for watching the analysis, support from your side is greatly appreciated.
VP
Coinbase ($COIN): Opportunity or failure?In mid-long term we are not so much bearish about NASDAQ:COIN and we think that the bulk of the descent has already been done. Although potentially a bearish structure (wave 5) could still be missing, by the end of 2023 we expect a rally around 110 area . At this moment we are obviously not talking about trading but about some interesting investment opportunities.
Of course we can't help thinking about what happened last week, but at the same time we think that sooner or later the Company will be able to meet all the clarification requests from the SEC.
Trade with care!
Like 🚀 if my analysis is useful.
Cheers!
HIVE long term planning NASDAQ:HIVE :: #usstock #dyor #nfa
Note 📌 it's ETHERIUM mining ⛏️ company
Holding #crypto stocks is high risk and may cause lose 100% ur liquid 💰
Phase 1 :: BUY ACCUMULATION -> $2.2-2.6
Phase 2 :: BUY ACCUMULATION -> $0.5-0.7
i don't think 💬 it will reach 2nd phase 📍
If that happens sign 🛑 no new high 📌
Will return to ur 1st phase 📍 later I check ✅ i will update you target 🎯
But split 🪓 accumulation 40-60% liquid 💰
Sell :: $15-40-100-130 ( phase 1 )
#principaltrade :: $15-18
Phase 2 exit are $2-3 but i will update later
so try to catch 🫴 update 📌 everytime ⏰
Be in updated to post 😸 any questions ☺️ on this 📌 ask comment
Even more if u want just contact me personally 👍
BITSTAMP:ETHUSD NASDAQ:HIVE BITSTAMP:BTCUSD
Riot July 1st weekend candle recap 2023Pls #dyor 🙏 #nfa
This analysis is just recap to my old signals 2 post's if u have not checked pls ✅ check in tag of this article below
I provided successfully 45% profit so far 🔥
As per 1st analysis it was broken parallel channel and good 👍 close
As per 2nd analysis wave pattern the best it was leading and near to 1st target 📌
1st of all we need to know it's going with btc price % action
Some times with #btc good move some time it's moving btc price
The previous weekend candle July 3rd 2023 started good closed 🔐 too good 👍 in post market it almost reached $16
I think 🤔 there will be a good correction 😉
Before reaching above $17
I am expecting correction range $12-14.2
note 📌 if u are investor just bid at good prices come back after year 😂 bcs u can see green ⬆️💚 candle as u need 📌 if u predict that
If u long term person but getting ur heart ❤️ up and down 📌 👎 u ar not investor's turn as trader
It's tough job not 🚫 as PPL thinking millionaires
Our life will lead top 🔝 if our time and work was good 👍
If our work good my fate is bad it helps other
I experienced every bit of pressure 📍 now became professional trader 😉
Walmart (WMT) | The Long-awaited Breakout!Hi,
Waited for the end of June and we got the highest monthly candle close in Walmart history!
The area between $150 to $154 has been like a nightmare for WMT. As you see in the image it has tried many many times to make a breakthrough. Finally, it happened, barely but still, the price of Walmart has got the confirmed move, at least I like to think like that.
Literally, investors are ready to pay higher prices for WMT stock, we got that "letter" from investors, we take it as a sign and we are ready to make a buy from the current prices to $145.
This idea shows also how important is technical analysis! No matter what the WMT stock does from now but if you invested before that breakout (after the price reached the first time $150), then your money has been stuck for half a year to two years (depending on when you discovered it) in this asset! In the meantime, you see that almost the entire market is rallying.
So, if you have such a strong area, as Walmart has there around $150, then it is always wise to wait for a little letter from investors that they are ready to pay the first time, atm within three years, the highest price than before!
As the JPMorgan survey says: more profitable is to buy when the market has made an all-time high than on any random day. Again, it will confirm that the timing/technical analysis plays a key role in investment decisions!
* Considering technical analysis then the optimal buying zone should stay from current prices to $145.
* First target is $180 and currently the major one should stay around $200
Good luck,
Vaido
SPX500 needs a rest. obviously, the overall trend of SPX and all other indexes is bullish.
but, as all of them has stretched from their key moving averages, I expect a correction and I hope it will be in shape of a continuing base instead of a sharp pullback.
it can be a new chance to buy the proven leading stocks.
So, I see the market in neutral or even negative for very short-time and a strong bullish long-term trend.
Friday daily candle and its volume helps this scenario.
TESLA: Consolidation in short term?Hello everyone!
In the last few weeks we have been following $TESLA (see chart below) trying to take a long position around the bottom (weekly support). That said, the triggered rally was very interesting, the value has almost doubled in less than a month and if we look at the intraday chart (1h), we see the rally developed with a bullish impulsive structure. From a technical point of view, the structure could be completed, or almost completed (see resistance area just above) and some corrective structure in short term cannot be excluded. If the bullish impulse will not be stopped by resistance area around 200/208, a rally continuation at 230 area is possible, before a corrective structure. In a similar context, often the consolidation pushes the price around wave (IV), we will see.
On Daily Chart (Log Scale), short and long-term trend is still bullish, but in the medium term, a consolidation phase cannot be ruled out, which should not, however, destroy the current trend.
As we have already mentioned, we followed the rally as shown on chart below:
(Click and Play on Chart)
So, technically speaking, if any reversal patterns will appear on intraday chart, it should develop at least two bearish legs, so after the first bearish leg develops, use the technical rebound to try short position taking.
...trade with care! 👍
Cheers!
N.B.: Updates will follow below
If you think that my analysis is useful, please...
"Like, Share and Comment" ...thank you! 💖
FERRARI ($RACE) at the resistance area!From a technical point of view, Ferrari ( NYSE:RACE ) Stock Trend is bullish, but at the same time it has reached an important resistance area around $300/320, and from here it could trigger a short-term corrective structure. The minor structure 12345 might be completed, but as we can see from the chart, it might be a wave 5 of 3 (major), so once the correction is completed, I don't rule out a new bullish leg.
Trade with care!
Like if my analysis is useful.
Cheers!
3M Company (MMM) | Technically ready!3M Company (MMM)
3M is a multinational conglomerate that has operated since 1902, when it was known as Minnesota Mining and Manufacturing. The company is well known for its research and development laboratory and it leverages its science and technology across multiple product categories.
As of 2020, 3M is organized into four business segments: safety and industrial, transportation and electronics, healthcare, and consumer. Nearly 50% of the company's revenue comes from outside the Americas, with the safety and industrial segment constituting a plurality of net sales. Many of the company's 60,000-plus products touch and concern a variety of consumers and end markets.
A quite good dividend stock has arrived at the destination, hopefully :)
MMM has come down from its all-time high of more than 60%. So, to buy this you need to make also a bit of work with fundamentals but technically, as said, it has arrived inside a possible buying zone.
The technical criteria are:
1. Old resistance back in 2004 to 2012, starts to act as a support level. Yes, you can and actually you have to look back as far as possible to determine the strongest areas on the chart. The world has changed but human psychologic is still the same!
2. Mentioned many times that you have to keep an eye on the round numbers. Here is also the round number $100 and it matches with other criteria.
3. Channel projection, white lines. Typically the price moves inside the channels and sometimes it helps to find a decent support level. Currently, the projection runs nicely through the optimal buying zone.
4. Equal waves (AB=CD) and the D point, which completes the pattern, staying inside the buying zone.
5. All-time Fibonacci Golden ratio 62%. Basically draw from an all-time low to an all-time high and the Golden ratio is also there to add a bit of strength to the possible reversal area.
Technically an optimal buying zone could be $80 - $102
First targets $135-$150
Good luck!
Nasdaq underperforms, will it rebound?NAS100 closed lower Monday as traders looked ahead to tech earnings reports from mega-cap technology and coming up U.S. economic data, including the first-quarter U.S. GDP preview, personal consumption expenditure index (PCE) for March, and April's consumer confidence are among the data scheduled for release this week.
However, the MACD is running at the bottom; it seems ready to rebound. Suppose the NAS100 breaks and holds above the 13,000 mark may trigger the soar NAS100.
The end is nearThe end is near, which is bad for passive "investors" (I prefer calling them parasites), but great news for traders!
I will make this as easy as possible to read by listing bulletpoints.
Here are reasons for the big collapse:
- US President Joe Biden’s new budget includes a new minimum tax on wealthy individuals’ unrealized capital gains, a quadrupled tax on stock buybacks and higher Medicare taxes on people making over $400,000. The only reason stocks have been going up since 2008 is because of buybacks.
- Inflation is very bad, worse than share crashing. It always is, but at the moment it is much more pronounced, as a stock market crash would make frail old people with big bellies very mad, but more inflation would make people 18 to 50 very mad. The government must know this, and for their own safety they might have to let the ponzi crash, or even pin the bubble themselves (as with the tax on share buybacks).
- Banks are having a crisis and central banks have to bail them out 1 by 1.
- If a gold short squeeze happen, it is possible that western banks will all implode. Gold would go up a lot (it's gold, not Bitcoin, it won't go up 75000%).
- We are seing the weakest companies struggles/fail: Businesses doing more politics than business, companies heavily invested in crypto, non-essentials...
- The regular folks, that have been sleeping like babies for the past 25 years - as governments took more and more debt to buy time - are waking up, now that they can directly see prices go up, and getting angry at the consequences of their own actions. They are growing more and more violent and blaming the government, for, as I said, the consequences of their own actions (and inactions). They were laughing at me and calling me a permabear 5 years ago. Will feel great filling my pockets as their lives get worse and worse.
- There are plenty of parallels with the soviet union whose GDP fell nearly 45% over 5 years. If you look for them you will find them. It can get political.
- Printing money and bailing out everyone is what they did in Greece, and how did that work out? Plus if the FED or US Government just buys everything (with regular people money) as rich folks bail out, they are de facto turning into a socialist state, with a broke middle class, a dead (at that point they'll freeze or starve to death) lower class, and rich people that probably would just end up fleeing. Of course it is hard to imagine it getting to that extreme point, which is why logically they will at some point stop bailing out everyone.
- Bankers tried to save the market in 1929 and it failed, their greed prevented them from being willing to take one for the team, and the market was too big.
- Millions of young men in the USA are dropping out of the system, as most of them can never dream of buying a house, as 60% of them are not dating (for those wonder who the young women are dating if it is not young men: migrants or older wealthier men).
- Social Networks are being used by the super rich to show the young men with a lot of free time how easy they have it: what could possibly go wrong? In every depression the poor get resentful of the rich and it turns violent. Now it will get so much worse. Expect Madonna to receive free amateur facial surgery.
- China manufacturing value added is equal to that of US + EU (5 trillion versus 2.5 each). Western domination is over.
- War with China might start and neither that neither war with Russia might end up in the west favor.
Here are reasons for the market to keep going up:
- Buybacks could continue
- Boomers hold most of the power and capital and they want to maintain the status quo until they die
- Boomers hold the currency printing machine and have no shame in printing as much as is needed regardless of how angry the other generations get
- Feel free to check other people's ideas for more, I can't see that many reasons for the market to go up. let me know if you have 1.
Here is what will matter:
- What people really need and want most are the basic requirements, eating and heating. Rest is secondary. Housing can go down, but in my opinion retail, as in food distribution, is one thing that can hardly go down. Maybe down 40% when everything else is down 90.
Since the start of the war I have not made money, I got impatiented and "yolo'd" and "went long term", all I did was lose money.
This market is not interesting. People doing the things that are not recommended, "low risk reward", and "countertrend" might be making money.
Easy money soon for us all, fingers crossed. Don't need to be a magical all knowing wizard with a crystal ball, just be patient for big events in the market. Soon, soon. And there will be plenty of money to be made for us all, if we could cooperate it would be even better, there are way more victims bagholding than there are of us predators waiting for the time to strike.
I'll take a guess (just for fun) and say the S&P 500 will drop nearly 80%, all the way down to 1000 points.
spx500 lost the 1st round We had a bad week in the US stock market.
- SPX lost all its SMA lines and closed below them.
- A big red candle happened and the volume confirmed it.
In my opinion, the good news is that the spx has already completed its phase 4 (bearish) and the lower area of 3500 has been found as the end of the bear market.
The bad news is, the market has lost the fight to start a new phase 2 (breakthrough).
As a result, the logical and slightly optimistic scenario is to stay in a range between the main horizontal areas of 3800 and 4100 for a while.
don't forget, "Market is Dynamic."