VISA 1h time frame analysishi traders Let's have a look at VISA on 1h time frame. We can see a bearish divergence on 1h time frame. Moreover, the RSI is very overbought on 1D time frame. It makes sense to expect the pullback now. The setup-up is shown on the chart!Shortby vf_investment2
Meta (Facebook) Price AnalysisMeta’s price is approaching a key daily resistance level. If we get a breakout above this resistance, it could signal the start of a strong upward move, with potential to target the next r level. Key points to watch: Breakout above the daily resistance: This could lead to a continuation of the uptrend. If the breakout happens, the price may target the next level on the chart. It’s crucial to watch the price action closely to confirm the breakout! Longby rebenga932
Amd - Targeting New All Time Highs! Amd ( NASDAQ:AMD ) is targeting new all time highs: Click chart above to see the detailed analysis👆🏻 This month Amd perfectly retested and already rejected the previous resistance which was turned support after the bullish breakout. Following the overall swings inside of the rising channel formation, I do expect Amd to create new all time highs over the next months. Levels to watch: $250 Keep your long term vision, Philip (BasicTrading)Long03:31by basictradingtvUpdated 101048
Is it SNOWing?Alright, nothing too crazy, but its worth noting that SNOWFLAKE has flashed what looks to be a TRIPLE BOTTOM. I don't have a lot of confidence in this though. It looks like its gearing down towards its resistance at 110 again. I will be watching this for the next month or so. I think another break of that resistance could push it down into some unmarked territory of all time lows. However if it doesn't drop anymore, I could see a nice lil reversal setting up a channel into the mid 130's.by jbs20162
Microsoft seem to have made intermittent top. Look for reversalNASDAQ:MSFT has fallen in 5 waved from the top made in July and in process of retracing that down-move in ABC. The fall from top could be either a larger degree wave 1 or wave A. In both cases, soon wave 3 or C down should start since the wave 2/B has completed 61.8% retracement which is at 436.73. Stock closed below that level yesterday which makes me wonder if the down-move in wave 3/C has begun already. Assuming down-move has started, we should head towards 364 as per wave equality (3=1 or A=C), though if economic macros stay recessionary then the move could stretch to 1.6 or 2.6 times the size of wave 1/A (in log).Shortby TradeCentral_IN1
MGM Worth the BET? Not financial advice 1st thing that draws my attention is the resistance at 47.00 2nd thing I noticed is the move up the last 3 months back to 47.00 was a bearish move up as evidenced by the descending channel on Stoch RSI 3rd thing is we double topped on regular RSI even though we came up to 47.00 We have had 6 months of support at 33.00 range. This also represents staying above pre-covid crash levels. But some wonderful news. We have continually logged higher lows since the COVID crash will tells me momentum is trying to build up to eventually take out the 47.00 range. Clearly bears are in control so a wait and see approach could be justified. Especially if we lose the 33.00 level Always remember Patience is Key #PIK And to think like a whale #TLAWby ThinkLikeaWhaleTLAW1
MRNA - Moderna, Inc.Moderna, Inc. engages in the development of transformative medicines based on messenger ribonucleic acid (mRNA). Its product pipeline includes the following modalities: prophylactic vaccines, cancer vaccines, intratumoral immuno-oncology, localized regenerative therapeutics, systemic secreted therapeutics, and systemic intracellular therapeutics. The company was founded by Noubar B. Afeyan, Robert S. Langer, Jr., Derrick J. Rose and Kenneth R. Chien in 2010 and is headquartered in Cambridge, MA. Longby Esmail_from_Kuwait2
IBKR | Interactive BrokersInteractive Brokers Group, Inc. operates as an investment holding company, which engages in broker or dealer and proprietary trading businesses. It offers custody and service accounts for hedge and mutual funds, exchange-traded funds, registered investment advisors, proprietary trading groups, introducing brokers, and individual investors. The company was founded by Thomas Pechy Peterffy in 1977 and is headquartered in Greenwich, CT. Scanner Idea: Above Average Volume near multi-month highs. Longby techpers3
Amazon $AMZN - Next leg up??There is a 3 day time at mode bullish trend thathas just been triggered and is set to expire on Oct 7. Ideal re-entry upon a retrace toward mid $170's or upon a bullish break above $190. Weekly timeframe had a massive bullish engulfing bar on last week's close which adds confluence. Longby ZelfTrade1
$META Daily Chart: Ascending Triangle – Breakout on the Horizon?On the NASDAQ:META daily chart, we see a classic ascending triangle pattern forming. The price action is tightening, signaling potential bullish momentum as buyers test the upper resistance. A confirmed breakout above the resistance could open the door for a significant upward move. Keep an eye on volume for confirmation, as this could be a strong signal for continuation to the upside. Targets will be set based on the triangle’s height from the breakout point. I smell $600. Longby Solidified1
NVIDIA _ Corporation_ Trading _ Entry _ Strategy + Update _ on _NVIDIA _ Corporation_ Trading _ Entry _ Strategy + Update _ on _ Previous _ Numbers. Numbers pretty much stay as same as previous published, same as 12 will come again tomorrow! Retest = Entry level depending on a support confirmation over previous resistance = Yesterday. Most likely will start ascending from the following key level, $112.54 to $109.92. ________________________ 1st Trade executed level = $124 follow by $128.93 Lower Mid Retest then will finish at the 1st Distribution price = $137.78. ________________________ Watch for lower data as there is a small Retest is missing = Purpose of repeat cycle over Quarter 2 for arrival of Quarter 4! by Skill-Knowledge-Conduct1
Article Title: Is AI Just Hype?In the whirlwind of AI's rapid ascent, a critical question emerges: Is the hype surrounding AI justified, or are we witnessing a bubble fueled by inflated valuations and limited innovation? Let's delve deep into the AI industry, separating the signal from the noise and providing a sobering reality check. The Super Micro Cautionary Tale The financial woes of Super Micro Computer serve as a stark warning. Despite the soaring demand for AI hardware, the company's internal challenges highlight the risks of investing solely in market enthusiasm. This case underscores the importance of **industry openness** and **due diligence** in the face of AI's allure. A Landscape of Contrasts The broader AI landscape is a tapestry of contrasting narratives. While pioneers like DeepMind and Tesla are pushing the boundaries of AI applications, a multitude of companies are capitalizing on the hype with products lacking substance. This proliferation of **AI hype** has created a toxic environment characterized by inflated valuations and a lack of substantive innovation. Market Dynamics and Future Prospects As the market for AI hardware matures, saturation and potential price drops loom. NVIDIA's dominance may be challenged by competitors, reshaping the industry landscape. The future of AI, however, lies in the development of more sophisticated systems capable of collaboration and learning. The integration of **quantum computing** could revolutionize AI, unlocking solutions to complex problems that are currently beyond our reach. Conclusion The AI industry is a complex landscape, filled with both promise and peril. While the hype surrounding AI may be tempting, it's imperative to scrutinize each company's core innovation and value. As the market matures and competition intensifies, those who can deliver **real value** and **technological advancements** will ultimately prevail. The Super Micro case serves as a stark reminder that in the realm of AI, substance, not hype, is the true currency of success. Shortby signalmastermind4
4 hr rsi divergencePrice is at near all time lows with clear support down here. They have just launched their new AR glasses, not a game changer but may be a catalyst to get people interested in the stock. Look a relative low risk trade down here by RIckAshby1
TESLA breakout?Tesla is narrowing in on its 234$ resistance line. The wedge forming looks to be setting up for a breakout late this week or early next. It looks as though if it can smash its heavy resistance at 234, it has room to run up to its gap of 246$. Then it may have room to run up to its 52 week highs in the 4th quarter.Longby jbs20167
Comparison: $TSLA and $PLTR S&P 500 InclusionComparison: NASDAQ:TSLA and NYSE:PLTR S&P 500 Inclusion Palantir Technologies is set to join the S&P 500 on September 23, 2024 This milestone mirrors Tesla's inclusion in the index back on December 21, 2020 - Tesla's Journey: Prior to its S&P 500 inclusion, Tesla's stock experienced a significant upward trend, which continued for several weeks post-inclusion before entering a prolonged period of sideways consolidation for almost a year (chart above) - Palantir's Path: Interestingly, Palantir's stock price trajectory in the months leading up to its S&P 500 inclusion shows striking similarities to Tesla's pre-inclusion performance (chart below) Do you think that Palantir will behave similarly to Tesla after the inclusion? i.e.: - Short-term: Further upward trend in the immediate weeks following its inclusion - Long-term: A possible sideways consolidation, akin to Tesla's post-inclusion phaseby OfficerDonut3
MU: Micron Inc death crossThe purpose is to analyze DEATH CROSS impact on MU day chart. It is remarkable that this time a death cross print is almost simultaneously by both 50&200 EMA and 50&200 SMA with a lag of just one day. As a rule, I look for a death cross whichever moving average pair print it earlier, as the other pair would be typically too late to the show (it can be 'either or' depending on magnitude of most recent price actions for EMA pair). This time both pairs print it simultaneously and I would argue that this time both are REMARKABLY late! As a matter of proof, I analyzed RELATIVE slope of MU bear markets that with a death cross, versus percentage the price had yet to retreat since the death cross print day until bottomed. There were approximately few of them (scroll back the chart to certain periods indicated below). November’14 – February’16 ~65% May’18 – December’18 ~32% April’21 – October’21 ~12% January’22 – September’22 ~30% And current June’24 – September’24 ??? On the right hand side of the chart, relative slopes of each bear market trendline are given. Looking at a relative steepness and rapidness of the June – September decline comparing to past periods, I would consider that this time both pairs of moving averages are lagging way behind and the death cross is too late to the show to indicate any extra percentage of price decline. i.e. the stock has bottomed and is already in upswing. Longby mike_volk3
EBAY is about to hit 64 soon and may grow furtherEBAY is about to hit 64 soon and may grow further During the end of May'24, Ebay broke out of a strong weekly structure zone found near $52. The price has been above this are for about two months. On Wednesday, July 30, '24, Ebay will report earnings, which could be one reason we could see the stock resume its uptrend again. We should not forget that Ebay has been reporting positive data for a long time. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Longby KlejdiCuniUpdated 6640
Disney Continues to Run with the Bulls Week of 9/16-9/20Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal Entry: 93.00 Stop Loss: 91.90 Take Profit: 97.00 Support: $90.94 Resistance: $97.99 Longby SantiagoSolutions1
Walmart Going DownI think walmart is very extended here along with rsi, im shorting here.Shortby doggyhouse481
$AMD in “W” Formation?NASDAQ:AMD looks to be developing a “W” formation, similar to a double bottom. There are quite a few of these formations on charts especially in the “Semis.” AMD stands out to me and looks to have a measured move from the breakout point (top of middle of “W” measured an equal move higher, see chart). The breakout looks to me to be $157.82 for a possible entry. I have an alert set early at $155.25 so I can evaluate an earlier entry. All TBD. The target price looks to be very close to the previous high or about an 18% move. Again, all TBD. If I take this trade, I will update the post. Note, this is “looking” like a setup to me, it is not yet a trade. Thanks for looking. Longby jaxdog2
CHPT hopeful cycleCHPT is at a key support level, SRSI is in oversold region. Top/Bottom indicator is flashing alluding the bottom is in. The CM_Williams_Vix_Fix(another bottom indicator) is flashing also hypothesizing the bottom is possibly in. Yet we are going to need a miracle to see some green momentum candles.by mmbrown17752
TSLA / 1D / Short IdeaIm not one to bet against the Musk, but with global recessionary fears, rising inventory numbers, and the prospect of a short term high on the SPY, there are multiple macro confluences to factor in with this 3 wave Flat corrective move. Based on how we invalidated a 5 wave impulse to the upside with our recent price drop, this would now be my next primary count until otherwise invalidated. An invalidation would be a break above the recent high, although that would become more probable if we break above the highlighted resistance fractal. Shortby LoganSilver3