Amazon Breakout Signals Bullish Momentum — Eyeing $220 Target
Current Price: $213.57
Direction: LONG
Targets:
- T1 = $217
- T2 = $220
Stop Levels:
- S1 = $208
- S2 = $204
**Wisdom of Professional Traders:**
This analysis synthesizes insights from thousands of professional traders and market experts, leveraging collective intelligence to identify high-probability trade setups. The wisdom of crowds principle suggests that aggregated market perspectives from experienced professionals often outperform individual forecasts, reducing cognitive biases and highlighting consensus opportunities in AMZN.
**Key Insights:**
Amazon continues to stand out among technology stocks due to its consistent performance and strong technical indicators. The company's breakout pattern aligns with sector-wide momentum, suggesting further upward potential. Analysts note the $206-$220 price range as having significant activity, where resilient support levels provide a foundation for continued bullish sentiment. Trader consensus highlights Amazon's strategic positioning against competitors, leveraging its robust e-commerce and cloud operations to boost investor confidence.
**Recent Performance:**
Amazon has experienced steady gains over the past few weeks, maintaining solid support above its 50-day moving average. Recent trading activity indicates high interest from institutional investors, with the stock showing clear signs of an upward trend. After testing resistance at $215, AMZN's inverse head-and-shoulders pattern indicates further upside potential. As part of the MAG 7 (tier of top-performing tech stocks), AMZN continues to outperform competitors amid sector-wide market strength.
**Expert Analysis:**
Technical analysts point to strong accumulation phases during dips, signaling confidence in the stock's ability to deliver further upside. Amazon shows a clear pattern of higher lows, with medium-term upward momentum aligning with sector-wide bullish trends. Experts also highlight volume surges at key support levels, further reinforcing the bullish outlook. AMZN's price movement shows a correlation with broader indices, suggesting continued alignment with macroeconomic conditions favoring technology.
**News Impact:**
Recent easing of trade tariff concerns related to US-China negotiations has indirectly boosted sentiment within the technology sector. Amazon’s diversified revenue streams and growing dominance in e-commerce and cloud technology provide resilience against market fluctuations. Favorable developments in global trade discussions continue to lower uncertainty, enhancing overall attractiveness for long-term positions.
**Trading Recommendation:**
Amazon's technical setup and broader sector strength make it a compelling choice for a long position. Investors should consider entering near current levels, with a target range of $217-$220. Stops should be placed below $208 to manage risks effectively. With expert consensus favoring accumulation on dips, AMZN represents an opportunity grounded in both technical and fundamental strengths.
Nike's Pullback Provides a Valuable Long Opportunity
Current Price: $62.80
Direction: LONG
Targets:
- T1 = $64.50
- T2 = $68.00
Stop Levels:
- S1 = $61.00
- S2 = $59.00
**Wisdom of Professional Traders:**
This analysis synthesizes insights from thousands of professional traders and market experts, leveraging collective intelligence to identify high-probability trade setups. The wisdom of crowds principle suggests that aggregated market perspectives from experienced professionals often outperform individual forecasts, reducing cognitive biases and highlighting consensus opportunities in Nike.
**Key Insights:**
Nike’s current valuation of $62.80 reflects a steep discount from its previous highs, presenting a compelling opportunity for a long position. Despite challenges in the broader consumer discretionary sector due to inflationary pressures and slowed economic growth, Nike's global brand strength, pricing power, and robust innovation pipeline continue to underpin investor confidence. The company remains a leader in sustainability, technology-driven product offerings, and market penetration across diverse demographics. Traders are closely watching the $60 price threshold as a potential pivot point for further accumulation.
**Recent Performance:**
Nike’s stock has dropped dramatically from its all-time high of $180 to its current level of $62.80, representing sustained weakness over the past two years. This decline mirrors a challenging macroeconomic environment but highlights an oversold condition relative to its historical valuation. Recent trading activity suggests that demand is stabilizing, with strong transactional volumes around the $60 level.
**Expert Analysis:**
Analysts maintain cautious optimism for Nike's recovery, citing its dominant market position and high-margin growth potential. Nike’s ability to diversify revenue streams with direct-to-consumer strategies has helped mitigate retail pressures. Experts acknowledge macro risks but champion Nike's ability to outperform peers through its brand loyalty and financial resilience. They suggest the current price levels are an exceptional value, with the potential for strong upside as broader market conditions normalize.
**News Impact:**
Recent headlines emphasize Nike's proactive approach to economic challenges, including operational adjustments to streamline costs and boost profitability. Announcements around expanded digital engagement and innovative product rollouts have softened concerns about dampened consumer sentiment. Analysts argue that increased focus on sustainability and community-driven initiatives positions Nike favorably in a crowded marketplace.
**Trading Recommendation:**
Nike currently offers an attractive entry point for traders looking to take a long position. With strong fundamentals, a proven ability to adapt to shifts in consumer demand, and significant trading activity at current levels, the stock appears poised for recovery. For long investors, $64.50 and $68.00 represent achievable price targets, while stop levels at $61.00 and $59.00 provide prudent risk mitigation. Strategic patience and disciplined execution could yield substantial returns as Nike leverages its brand power and innovations for growth.
Long Opportunity for Palantir Technologies: Next Week Trading InCurrent Price: $127.72
Direction: LONG
Targets:
- T1 = $131.80
- T2 = $135.00
Stop Levels:
- S1 = $125.50
- S2 = $122.90
**Wisdom of Professional Traders:**
This analysis synthesizes insights from thousands of professional traders and market experts, leveraging collective intelligence to identify high-probability trade setups. The wisdom of crowds principle suggests that aggregated market perspectives from experienced professionals often outperform individual forecasts, reducing cognitive biases and highlighting consensus opportunities in Palantir Technologies.
**Key Insights:**
Palantir Technologies (PLTR) exhibits mixed indicators, with short-term bearish momentum counterbalanced by solid long-term support from government contracts and fundamental strengths. Breaking resistance levels at $135 could trigger a shift in sentiment and enable further upward momentum, providing opportunities for long positions. Monitoring critical support zones and broader market activity is essential.
**Recent Performance:**
Palantir has recently shown signs of short-term weakness, retreating from a prior high of $137.90 and closing below last week's price of $131.78. This decline suggests hesitation among market participants while leaving room for potential recovery based on favorable technical setups.
**Expert Analysis:**
Analysts remain optimistic about Palantir’s long-term viability due to its sustained pipeline of government contracts, a distinct advantage within the tech sector. However, resistance at $135 remains a critical challenge for the stock to regain bullish sentiment and achieve higher targets. While current bearish movements hint at caution, broader support above major moving averages signals resilience.
**News Impact:**
No new headlines have been identified as immediate catalysts for price movement. However, Palantir's reliance on government contracts underpins its stability. Tracking developments tied to contract renewals or expansions will be essential for assessing the stock's performance trajectory.
**Trading Recommendation:**
Traders should consider a long position in Palantir Technologies, aiming for a breakout above $135 while maintaining disciplined stop-loss levels at $125.50 and $122.90. A shift in sentiment and positive momentum could enable the stock to achieve upside potential with targets at $131.80 and $135.00.
Spotify's Bullish Momentum Indicates Upside Potential
Direction: LONG
Targets:
- T1 = $733.63
- T2 = $747.89
Stop Levels:
- S1 = $700.02
- S2 = $692.45
**Wisdom of Professional Traders:**
This analysis synthesizes insights from thousands of professional traders and market experts, leveraging collective intelligence to identify high-probability trade setups. The wisdom of crowds principle suggests that aggregated market perspectives from experienced professionals often outperform individual forecasts, reducing cognitive biases and highlighting consensus opportunities in Spotify.
**Key Insights:**
Spotify's recent developments signal strong bullish potential, backed by both technical strength and robust fundamental drivers. The company's moves toward content diversification, including exclusive podcasts and audiobooks, promise sustained user engagement and revenue growth. Moreover, Spotify’s partnerships with major record labels contribute positively to market sentiment, enhancing its competitive edge in the audio-streaming industry.
From a technical perspective, Spotify's price action suggests higher lows and consistent upward momentum, signaling robust demand among institutional and retail investors. Breakthroughs above key resistance levels have reinforced long-term bullish sentiment, paving the way for further growth opportunities.
**Recent Performance:**
Spotify stock has seen steady upward performance over the past week, supported by stronger-than-expected earnings reports and an increase in monthly active users. With notable improvements in premium subscriptions, the stock has gained traction, showing resilience against broader market fluctuations. Near-term volatility has remained moderate, offering an attractive setup for long-focused strategies.
**Expert Analysis:**
Market analysts maintain a positive outlook on Spotify, highlighting its ability to innovate within a competitive landscape of streaming platforms. Strategic investments in AI-powered audio recommendations have amplified user retention rates while differentiating its offerings in an increasingly saturated market. Technical experts also point to robust support levels in the charts, suggesting favorable conditions for sustained upward price movement.
**News Impact:**
Recently, Spotify announced advancements in playlist curation powered by AI technologies, significantly enhancing user personalization features. This aligns with growing consumer trends toward tailored entertainment experiences. Additionally, new licensing agreements with key record labels contribute positively to content exclusivity, attracting both creators and listeners. These factors bode well for future stock performance in the medium term.
**Trading Recommendation:**
Based on strong fundamental drivers, continued technical momentum, and positive market sentiment, taking a bullish position in Spotify at current levels offers a compelling upside opportunity. With clearly defined stop-loss and target levels, traders can optimize risk-to-reward ratios while capitalizing on Spotify's growth trajectory in the audio-streaming industry.
Tesla's Bullish Momentum Points Towards $312 Target
Current Price: $295.14
Targets:
- T1 = $304.50
- T2 = $312.90
Stop Levels:
- S1 = $289.00
- S2 = $282.50
**Wisdom of Professional Traders:**
This analysis synthesizes insights from thousands of professional traders and market experts, leveraging collective intelligence to identify high-probability trade setups. The wisdom of crowds principle suggests that aggregated market perspectives from experienced professionals often outperform individual forecasts, reducing cognitive biases and highlighting consensus opportunities in Tesla.
**Key Insights:**
Tesla continues to demonstrate strong fundamentals backed by innovation in electric vehicles (EV) and sustainable energy solutions. Recent advancements in battery technology, coupled with expansion plans in international markets, are expected to drive significant growth over the next quarter. Technically, the stock shows consistent support levels formed during consolidation phases, suggesting a low-risk entry point for a bullish position. Market momentum indicators signal improving buyer strength, reinforcing the outlook for a continued rally.
**Recent Performance:**
Tesla's stock has shown resilience in the face of broader market volatility. Over the past two weeks, Tesla has moved within a tight range, suggesting accumulation by institutional investors. The recent stabilization around $290-$295 indicates that previous resistance levels have now turned into support, paving the way for further price movement towards higher targets.
**Expert Analysis:**
Analysts at major investment firms have reiterated confidence in Tesla's capacity to maintain its leadership in the EV market. Factors such as improved gross margins, strong quarterly delivery numbers, and strategic partnerships contribute to an optimistic outlook. From a technical standpoint, the stock's moving averages show bullish alignment, indicating sustained upward momentum. Volume analysis portrays strong buying activity, further validating bullish momentum.
**News Impact:**
Positive sentiment has surged following Tesla's announcement of doubling production capacity at its key Gigafactories, including its Nevada facility. Additionally, international regulatory approvals for Tesla's next-generation vehicles have fostered enthusiasm among investors. Broader sector movements, supported by potential shifts in Federal Reserve policy, also boost Tesla's trading outlook.
**Trading Recommendation:**
Tesla offers an attractive long setup for traders looking to capitalize on both fundamental and technical strength. A bullish position at current levels aligns with professional trading insights, with reasonable targets set at $304.50 and $312.90. Recommended stop levels are placed at $289 (S1) and $282.50 (S2), ensuring risk management while allowing room for volatility. With favorable macroeconomic factors improving the environment for growth stocks, Tesla remains a strong candidate for upside potential in the short-term.
Nvidia - 100% new all time highs!Nvidia - NASDAQ:NVDA - is just too bullish now:
(click chart above to see the in depth analysis👆🏻)
Honestly it was not unexpected that Nvidia is now the most valuable company in the world. The chart is just so strong and perfectly following structure; it seems to be just a matter of days until Nvidia will create a new all time high. If this happens, a breakout rally will follow.
Levels to watch: $150
Keep your long term vision!
Philip (BasicTrading)
ZS - Breakout Confirmed — Now What?Zscaler has broken out of a year-long ceiling with volume and momentum — as long as it holds above $275, the trend has shifted bullish and targets $310+ are now in play.
1. Structural Breakout
That resistance zone capped price for over a year — multiple failed attempts, including the November–December 2023 top. This breakout is significant, and invalidates the bear case that this zone would hold again. ZS has now entered open-air territory — next real resistance isn’t until $310–320 (based on prior highs from 2021–2022).
2. RSI & MACD Still Hot – But Not Crashing
RSI is cooling slightly from extreme overbought (still ~79), but hasn't broken down — momentum remains bullish. MACD still trending higher, although it's stretched — but no bearish crossover yet. As long as price consolidates above the breakout zone, these indicators can reset without breaking the trend.
3. Volume Validates the Move
The breakout came on surging volume — a textbook confirmation signal. This is not a weak breakout or bull trap; this is buyers forcing a regime change. Institutions were clearly active.
The Playbook from Here:
🟢 Bull Case (Primary Scenario)
Price holds above $275–280 on any retest → confirms breakout
RSI cools into the 60s without sharp reversal
MACD slowly resets while price trends sideways/up
Target = $310–320 next resistance zone (late 2021 levels)
🔴 Bear Case (Only If)
Fails back below $275 on volume → false breakout
RSI breaks sharply below 60 and MACD crosses down hard
This would put $250–257 back in play as a retracement target
Tesla - There's more after the +60% rally!Tesla - NASDAQ:TSLA - will blow even further:
(click chart above to see the in depth analysis👆🏻)
It is almost incredible to see such a large cap stock rally more than +60% in less than two months. But Tesla is clearly the exception and therefore we should expect the unexpected. What's quite likely is at least another rally of about 25% from here and a retest of the previous all time high.
Levels to watch: $250, $400
Keep your long term vision!
Philip (BasicTrading)
Apple may be entering its uptrend eraLong Term Trend
Apple Uptrends tend to last any where from 151 days to 214 days. Ranging an increase anywhere from 39% to 134%. (average 200 days and increase of 72%)
While Down Trends tend to last 197 days to 373 days. Ranging from 14% decrease to 30%. ( average 344 days and 21% decrease)
Amd - This starts the next +200% rally!Amd - NASDAQ:AMD - is preparing a major rally:
(click chart above to see the in depth analysis👆🏻)
It has - once again - not been unexpected at all that we now see a major reversal rally on Amd. After the harsh drop of about -65%, Amd retested a significant confluence of support and already created bullish confirmation. It is quite likely that this now starts the next bullrun.
Levels to watch: $100, $300
Keep your long term vision!
Philip (BasicTrading)
Zscaler Inc. (ZS) – Multi-Year Breakout with Target at $700📅 1D Chart | Smart Money Concepts | Fibonacci Extensions | Volume Profile
Price: $301.19 | Volume: 1.59M
ZS has officially broken through its prior consolidation structure and is now trading firmly in premium territory. With the 0.786 Fib level at $298.27 now reclaimed, momentum traders are eyeing a run toward higher extensions.
🔍 Key Technical Zones:
✅ Breakout Confirmed: Structure shifted after reclaiming $250–$275
🟨 Premium Zone Begins: $300+
📈 Major Fib Extensions:
1.236: $444.89
1.618: $569.36
2.0: $693.82
🟡 Suggested Exit Zone: ~$696–700 (historical extension confluence)
🧠 Smart Money Context:
Clean Break of Structure (BOS) after a long accumulation phase
Volume supports breakout behavior
Weekly CHoCH + BOS align with institutional positioning
Little resistance until the $440–700 range based on past structure gaps
💡 Trade Plan (Probabilistic):
Upside Continuation (70%): Strong bullish conviction, targeting $444 then $569
Pullback Re-entry (30%): Retest of breakout near $270–$298 may offer a second-chance entry
🛡 Risk Management:
Entry: Current levels or on pullback to $298
TP1: $444
TP2: $569
TP3: $696–700 (consider reducing exposure)
SL: Close below $280 (invalidates breakout thesis)
📌 Conclusion:
ZS is in an extended markup phase. As long as macro conditions remain favorable, a long ride toward $700 is technically plausible. Watch volume and institutional behavior closely as we climb into uncharted premium zones.
#ZS #Zscaler #BreakoutStocks #Fibonacci #SmartMoneyConcepts #TechnicalAnalysis #PremiumZone #TradingView #EquityMomentum
DELL eyes on $116.10: Golden Genesis fib will determine TrendDELL has been a sleepy stock with mixed earnings.
Now testing a proven Golden Genesis at $116.01
Look for a Break-and-Retest to start an Uptrend.
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See "Related Publications" for other plots ---------------------->>>>>>>
This one in particular is caught the BOTTOM exaclty:
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WC: 29.58 Target: 1800-2400 MOASS: 47k-100K: Week Of 06/09Ok this is my last video on Gamestop
You will see less frequent posts going forward and they will be at the MACRO level and focused almost exclusively on the daily charts
Its been a ride covering this over the past year or so
True to my posting intention (I'm only here to help people trade better) this video is educational in nature
Its not hopium fueled at all...this is me, one last time...TEACHING YOU HOW TO FISH
First half of the video is setting your charts up for the squeeze
Second half of the video is showing you some new stuff around the 20 Week Cycle that you havent seen before
But yeah..no hype...just TA and some rambling..because as my Tagline on my X profile says i'm:
"Just a guy who likes to draw Elliott Waves on stock charts and ramble on about markets."
GOOD TRADING TO YOU ALL...SEE YOU ON THE OTHER SIDE!
FUTU SL hitLoss Taken on NASDAQ:FUTU – SL Hit 📉
Stopped out on my FUTU trade today. It’s part of the game — we’re not always going to be right. What matters most is how we respond.
👉 Took the loss.
👉 Reviewed the setup.
👉 Learning and improving with every trade.
Losing trades are just part of the cost of doing business. Stick to the process, follow your rules, and growth will follow. 💪
#FUTU #TradingLoss #StopLossHit #TradingMindset #LearnAndImprove #TradeSmart #TraderLife #DisciplineOverEmotion #RiskManagement
Potential ABCD patternStrong upside right now because of news that the CFO bought shares.
There is a potential ABCD pattern and fundamentally I think with the trump administration green hydrogen will have a few hard years, there are funding cuts for hydrogen project and more emphasis on oil and gas.
PLTR SL hitLoss Locked on NASDAQ:PLTR — Part of the Game 💸
I closed out a position on Palantir today for a loss. Why?
I listened to a gut feeling that the broader market was about to roll over… but it never did. The market proved me wrong, and I paid the price. That’s trading.
Key takeaway:
Stick to the plan, not the gut. Emotions can’t beat a well-tested strategy.
Losses are tuition. Review the trade, log the lesson, and keep grinding forward. On to the next setup. 💪
#PLTR #TradingJourney #LossesAreLessons #TraderMindset #StickToThePlan #RiskManagement #KeepGrinding #DisciplineOverEmotion
Plug Prints a Smile Face. Up 70%Plug Power - an Electrolyser Company has burnt Investors Capital to Date.
The initial idea was to use renewable Energy to convert pure water to Oxygen and Hydrogen using Electrolysis.
Initially the market got Sold on this Idea, and the stock was over bought.
But the market came back to reality in that you never get more out than you put in, and there was a TANK.
However, just IMO, the end use of H2 if made efficiently can be a viable use when generated by Solar or other means.
Whilst early for now, this one can still offer a further X3 from here but will remain speculative.
Only the Brave get Rewarded.
IBM heads up at $273: Serious Resistance may give a Dip-to-Buy IBM has been flying to new All Time Highs (finally)
Now testing a serious resistance at $272.98-273.65
It may need to retest support zone $267.46-267.86
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Previous Analysis that caught the EXACT BOTTOM:
Hit the BOOST and FOLLOW to encourage more such PRECISE ideas.
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Buying opportunity for COINSince the news on May 13, COIN has slumped with the rest of the crypto market. It appears to be consolidating and has shown promise since the large drop last Thursday. With Bitcoin appearing to approach the highs once again after retracing to the 0.3 level, there is a good chance COIN may reach the 350 level or beyond in the near future.