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Oh no.........gone are the 4 baggers !!!!Latest news here :https://finance.yahoo.com/news/chinas-oct-factory-activity-returns-014907489.html It is scary that the management overstate its revenue and profitability to fool the shareholders..... To think that it is included in the S&P500 index would mean it has passed certain tests, but who knows......what goes up fast, came down just as fast ............ What to do if you are holding this stock ? Personally, I would have lost faith in the management and getting another auditor would not solve the problem. How about replacing the CEO? This can happen but it would takes time to turn around........ I think the chances of it falling through the support at 26.68 is high and panicky retail investors would rush to offload ........ Please DYODD
NASDAQ:SMCI
by dchua1969
AAPL Technical Analysis for Nov. 1, 2024Technical Overview: Current Price Level: AAPL is trading around $221.71 after a significant bearish move, putting it near key support zones. Support and Resistance: Support: The nearest support is around $220.00, a key psychological level that may attract buyers. Resistance: Immediate resistance is found around $227.31, followed by a more substantial level at $231.50, which AAPL previously rejected. Trend Analysis: A strong downtrend is evident with a steep decline, indicated by both the price action and the EMA slopes. AAPL is far below the recent trendline, suggesting strong bearish momentum unless buying interest returns near support. MACD: The MACD is deeply negative, with no immediate signs of a bullish crossover. However, a shift in momentum near the support zone may provide some relief. Volume: The increased volume on the recent bearish candles indicates that selling pressure dominated, but watch for a volume decline or reversal near the support level to signal a potential bounce. Trading Strategy for Tomorrow: Bullish Scenario: If AAPL can hold above $220.00 and shows bullish momentum on the hourly chart, it may attempt a recovery toward $227.31. Watch for an increase in buying volume to confirm this move. Bearish Scenario: If AAPL breaks below $220.00, it may continue to decline, with a potential downside target at $215.00. Monitor the $227.31 level as a potential area to re-enter short positions if a reversal occurs near this resistance. Entry and Exit Points: Long Entry: Consider a long position if AAPL holds above $220.00 with strong buying support, aiming for $227.31. Set a stop loss around $218. Short Entry: Consider shorting below $220.00 if bearish momentum continues, with a target of $215.00, and set a stop loss above $223. Short Disclaimer: This analysis is for informational purposes only and not financial advice. Conduct your own research and consider your risk tolerance before making any trading decisions.
NASDAQ:AAPL
by BullBear-Insights
NVDA Technical Aanlysis for Nov.1, 2024Technical Overview: Current Price Level: NVDA is trading around $134.42, which lies below recent resistance levels and may act as a zone for potential pullbacks. Support and Resistance: Support: The nearest support level appears around $132.11, where price previously found stability. Resistance: Significant resistance is present around $137.46 and $136.84, which could challenge upward movement. Trend Analysis: A downward trendline is apparent, with price currently testing it. This trendline may act as resistance unless a strong breakout occurs. The EMAs are sloping down, suggesting bearish momentum in the larger trend, although recent candles show a potential attempt at a reversal. MACD: The MACD histogram shows positive momentum, with a recent crossover signaling potential bullish momentum. However, the move should be confirmed with sustained buying pressure. Volume: Volume on the recent upward move is moderately high, which can indicate buying interest. If volume increases as price nears resistance, a breakout might occur. Trading Strategy for Tomorrow: Bullish Scenario: If NVDA breaks above $136.84 with strong volume, this could open a path to test $137.46. A confirmed break above these levels might signal further bullish momentum. Bearish Scenario: If NVDA fails to break above the downward trendline and $136 resistance, a pullback toward $132.11 is possible. A breakdown below this level may lead to lower support targets. Entry and Exit Points: Long Entry: Consider entry on a strong breakout above $136.84, with targets near $137.46 and a stop loss around $134. Short Entry: Consider entry below $132.11 if bearish momentum picks up, with a target of $130, setting a stop loss above $134. Disclaimer: This analysis is for informational purposes only and is not financial advice. Always perform your own research and consider your risk tolerance before making trading decisions.
NASDAQ:NVDA
by BullBear-Insights
META Technical Analysis for Nov. 1, 2024Current Price Level: META is trading near the $568 range, which appears close to the midpoint between recent high and low levels. Support and Resistance: Key resistance lies around $608.86, with prior rejections at this level. Support levels are visible at around $561.25 and a lower level near $554.85. EMA Trend: The EMAs are sloping downward, indicating a bearish trend in the short term. Price is below both EMAs, which could suggest continued downward momentum unless a reversal occurs. Volume Analysis: Increased volume on recent downward moves suggests stronger selling pressure. Any spike in volume near support or resistance zones could hint at a reversal or continuation. MACD: The MACD lines are converging, possibly signaling a trend change or consolidation phase. Watch for a bullish crossover, which could suggest upward momentum. Strategy for Tomorrow: Bullish Scenario: If price breaks above $568 with strong volume, watch for a retest and a move toward $608. Bearish Scenario: A failure to hold above $561.25 could lead to a test of the $554.85 support. Entry and Exit Points: Long Entry: Above $568, targeting $608 with a stop loss slightly below $561. Short Entry: Below $561, aiming for $554, with a stop loss above $568. Remember, always use proper risk management and adjust based on pre-market conditions. Disclaimer This analysis is for informational purposes only and should not be taken as financial advice. Please perform your own research or consult with a financial advisor before making any trading decisions. Market conditions can change rapidly, and this analysis may become outdated.
NASDAQ:META
by BullBear-Insights
MCD eyes on $301.51 above, 285.59 below: E-coli fallout rangeFollowup to my previous long and exit calls (click). MCD got some bad news with an e-coli event. The immediate drop has bounced to Genesis fib. Just below is a Golden Covid fib for some support. $ 301.51 is the immediate hurdle. $ 298.47 could offer some support. $ 285.39 below is now crucial support. ============================================== Good thing we exited MCD recently: And bought some Wendy's: With Pepsi to wash it down: And that's probably about it for fast food binge. ============================================== .
NYSE:MCD
by EuroMotif
GOOGL Techical Analysis for Nov. 1, 2024Key Support and Resistance Levels Immediate Resistance: 171.17 (current ask price). A break above this could indicate potential upside momentum. Next Resistance: 182.02. This level may act as a significant barrier if GOOGL starts to rally. Immediate Support: 163.94, where previous buying activity occurred. If the price retraces, it could find support here. Major Support: 160.98–161.01, marking a stronger floor from prior price action. A break below this zone might signal further downside. Price Action & Trend Analysis Trend: The price has seen a downward pull after a recent rally, suggesting some profit-taking. However, the price currently appears to be consolidating near support zones. Moving Averages: The 9 EMA and 21 EMA are trending downwards, showing that the recent short-term momentum has been bearish. Watch for any crossovers as a potential shift in momentum. Trendline: There is a descending trendline from recent highs, which aligns with the current resistance. Breaking and closing above this trendline could indicate bullish momentum. Entry and Exit Points Entry (Long): If price sustains above 171.17 with strong volume, a possible entry could be considered with a target towards 182.02. Exit: Consider taking profits at 182.02 if entering long. Alternatively, if the price loses support at 163.94, exit longs to avoid deeper downside. Entry (Short): Below 163.94, consider shorting, with an initial target around 161.00 and potentially lower if selling pressure persists. Additional Indicators MACD: The MACD shows a slight bullish cross, which could suggest a near-term reversal in momentum if confirmed with price action. Volume: Volume spikes are seen during sell-offs, indicating active participation in the recent downtrend. Watch for volume confirmation if the price attempts a breakout or breakdown. Disclaimer This analysis is for informational purposes only and should not be taken as financial advice. Please perform your own research or consult with a financial advisor before making any trading decisions. Market conditions can change rapidly, and this analysis may become outdated.
NASDAQ:GOOGL
by BullBear-Insights
TSLA Technical AnalysisKey Levels Support Levels: $248.72: Near-term support level where buyers may step in if price approaches this level. $232.00: Stronger support level if the stock continues its downtrend. Resistance Levels: $255.69: Immediate resistance where the stock is currently testing. A break above could suggest a bullish move. $263.34: Next key resistance; breaking above this level could trigger further upside. Price Action and Trends TSLA is in a short-term downtrend, with a series of lower highs and lower lows. It is currently attempting a minor recovery, but it has not yet confirmed a reversal. The downtrend line above the price could serve as additional resistance. Entry/Exit Points Entry: If TSLA can break and hold above $255.69 with strong volume, it could offer a potential long entry targeting $263.34 or higher. If it revisits the $248.72 support and shows buying interest, it could provide an entry point as well. Exit: Consider taking profits at $263.34 and possibly scaling out if momentum continues. If TSLA breaks below $248.72, it may invalidate a bullish setup, signaling an exit. Additional Thoughts MACD Crossover: The MACD is indicating a potential crossover, suggesting possible bullish momentum. However, confirmation from volume is necessary to validate a breakout. Volume Trend: Recent volumes have been mixed, and a sustained move will likely require a pickup in buying volume to overcome resistance. Disclaimer This analysis is for educational purposes only and should not be considered financial advice. Trading carries risks, and you should perform your own analysis or consult a financial advisor before making any trades.
NASDAQ:TSLA
by BullBear-Insights
Pulse of an Asset via Fibonacci: AMZN at ATH Impulse Redux"Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket. Are the sellers still there? Enough to absorb the buying power? Reaction at Impulse is worth observing closely to gauge energy. Rejection is expected on at least first approach if not several. Part of my ongoing series to collect examples of my Methodology: (click links below) Chapter 1: Introduction and numerous Examples Chapter 2: Detailed views and Wave Analysis Chapter 3: The Dreaded 9.618: Murderer of Moves Chapter 4: Impulse Redux: Return to Birth place <= Current Example Chapter 5: Golden Growth: Parabolic Expansions Chapter 6: Give me a ping Vasili: one Ping only . . Ordered Chaos every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse. each line Gains its Gravity. each line Tried and Tested. each line Poised to Reflect. every Asset Class behaves this way. every Time Frame displays its ripples. every Brain Chord rings these rhythms. He who Understands will be Humble. He who Grasps will observe the Order. He who Ignores will behold only Chaos. Ordered Chaos . . . want to Learn a little More? can you Spend a few Moments? click the Links under Related.
NASDAQ:AMZN
by EuroMotif
1
PLTR Technical Analysis for Nov. 1, 2024Key Levels Support Levels: $40.80: This recent low could serve as the nearest support, where buyers may show interest. $38.03: Further down, this level represents a stronger support if price action sees a steeper decline. Resistance Levels: $42.06 - $43.00: This range acts as the immediate resistance zone; breaking through here could signal a stronger bullish move. $45.06: A key level for medium-term resistance, also aligning with the previous high on the chart. Price Action and Trends The current price action shows a downtrend with lower highs and lower lows. However, PLTR has recently seen a slight recovery attempt, with MACD showing a potential crossover, suggesting a possible reversal or bounce. Entry/Exit Points Entry: If the price can break and hold above the $42.06 resistance with a surge in volume, it could provide a long entry, with a target towards $43 or higher. Alternatively, if it tests and holds support near $40.80, a long entry may also be considered. Exit: Look to scale out at $43 and possibly at $45.06 if momentum supports the trade. A break below $40.80 may invalidate a bullish setup. Additional Thoughts MACD Crossover: The MACD is showing signs of a potential bullish crossover, which could indicate a short-term upward momentum shift. However, volume confirmation would be crucial for any sustained move. Volume Analysis: There was a recent increase in sell volume, which may warrant caution. Watch for buy volume to confirm a reversal. Disclaimer This analysis is for educational purposes only and should not be considered financial advice. Trading involves risk, and it’s essential to conduct your own research or consult a financial professional.
NYSE:PLTR
by BullBear-Insights
Tesla Going Back To 100? Support Levels & BD-Signals— For Tesla, Inc. (TSLA), we have a long-term downtrend, since November 2021. — Short-term we have a double-top. July & October 2024. — And a major long-term lower high between October 2024 and July 2023. The stock is already in a bear-market, technically speaking, lower highs and lower lows. — A low was hit in April 2024 and this led to present day chart structure, the double-top. — The double-top is a lower high compared to July 2023 as mentioned above and this opens the possibility for a lower low compared to April's low; are you following? 👉 This means that TSLA will test next ~100 for the first time since January 2023, almost two years ago. Support levels: 1) There will be a small stop around 215. 2) 180-190 is a strong support level. Partial profits would be smart here. 3) Next is April's low, both 2023 and 2024, a price range between 140-165. 4) Lower low and long-term double-bottom around 100-110. Thank you for reading. Namaste.
NASDAQ:TSLAShort
by AlanSantana
1
$DKNG Short-term Bullish, Daily TimeframeHey what's up ya'll! I hope you guys are doing well. There are many companies that are reporting earnings this week ( NASDAQ:DKNG is reporting next week Thursday, Nov 7). I'm still debating whether or not to hold contract passed earnings since it may cause a drop and I would rather exit then to hold. If I'm up at least 15% on the contract I'll put a trailing stop loss. Contract purchased: - 17 JAN 25 40c (down -5%) Entry Price: - $37.22 @ 3:34pm Rationale for contract: - Price appears to have hit a support around $36 (previous resistance) - Price hit the all-time 0.618 bullish Fibonacci - MACD curling up; blue line approaching the orange line that indicates bullishness - RSI @ 46; near the medium line of 50 Conclusion: If price goes below the previous weekly low at $36, I'll cut. If price hits $41 before earnings, I'll sell or put a 5% trailing stop loss.
NASDAQ:DKNGLong
by Brandonthrives
NVIDIA Bearish Potential Intact (Let Me Explain!)NVIDIA (NVDA) just produced a double-top and I shall explain why this situation right now is extremely bearish. ➢ First, the session that produced the new ATH closed red and two sessions earlier there was a bearish signal. ➢ Second, trading volume continues to decrease as a new high is hit. ➢ Third, NVDA is trading at resistance, the strongest resistance possible and the strongest resistance ever, the All-Time High. Caution: The people who draw these charts, the section of the market that have enough purchasing power to move it are all professional traders. What we know and what we can see and spot in a chart they know a million times better and they have access to data that we do not have. This type of chart setup can be exploited by professional traders. While they know a crash is imminent because of price dynamics, fundamentals and market conditions, they can still work to push prices higher in order to produce one final fake-out before the major drop. Think of Binance Coin around June 2024, something like this. Regardless of these market moves, the short-term or other unexpected scenarios, the market is set to crash in the coming weeks or months. This is warning for the clueless ones. We sell at resistance (high prices) and buy at support (low prices). Thank you for reading. Namaste.
NASDAQ:NVDAShort
by AlanSantana
34
CSCOThe CSCO stock is very promising for investors, with excellent indicators. It has formed a symmetrical triangle on the weekly chart, which has been strongly broken out of after a significant accumulation phase at $55.95. Currently, we are at a resistance zone where we expect a correction. There are two scenarios: either a correction to the upper boundary of the triangle, followed by price action that leads to a strong upward movement towards the target, or a deeper correction to the demand zone that coincides with the 200-day moving average on the daily chart, from which we could see strong momentum pushing the price up to $70.50I hope for the second scenario to occur, as it would provide an excellent entry point close to the stop-loss, which is set at a close below $43.
NASDAQ:CSCOLong
by IbrahimTarek
$UPST Bullish Flag can Test August '23 HighIn my search for technically sound swing trade ideas I stumbled on $UPST. What we are looking at is almost a perfect technical setup of a bullish continuation flag. We have a nice breakout or "flag pole" on high volume followed by a generally controlled flag pattern down with low volume. What I really like about this setup is it is measuring to test its August '23 high almost perfectly. According to technical analysis, "flags fly at half mast" meaning they form at the midway point of the move. In order to measure the following move precisely you can measure the distance of the preceding breakout point. In this case, the breakthrough of the lower level resistance. Measuring this, I found that the following move could be around $12, putting it at $60 a share and right at the upper level resistance. Invalidation would occur with a daily close below the lower trendline of the flag. I think we could see the start of a large upside move within the next week or two. Unfortunately, we also have the election next week which does all sorts of weird things to the market as a whole. If this setup invalidates but bounces off the lower (previous) line of resistance- I will take another look.
NASDAQ:UPSTLong
by sbridger33
HUT - Oct 24 Opening Sustainable Momentum30 Oct Entry: HUT’s price surged and triggered our stop-limit order. I feel conflicted about this entry; although we were still above BTCUSD's key support and there was a momentum signal in HUT from the strong morning session, BTCUSD movement was weak. 29 Oct Entry (Limit Order Not Activated): BTCUSD broke the $70K milestone for the first time since 19 Jul and is now approaching another key level not breached since 14 Mar. As BTC rises, crypto miners benefit, with their crypto holdings increasing in value. A strong BTC day typically influences crypto miners' stock movement. With this milestone breakthrough, I expect a larger, sustained run. HUT shows an H2 opening momentum signal. Trade idea BTCUSD hasn’t broken $70,000 since 19 Jul. Surpassing this milestone should drive optimism and excitement into related assets. Trading crypto-related assets driven by BTC reaching new highs is ideal during these two weeks of high-impact macroeconomic, earnings, and election events. Price could surge further if it breaks $73,931, surpassing the previous high from 14 Mar. Crypto miners benefit as their crypto holdings increase in value when BTC rises. I’ve noticed that a strong BTC day typically reflects in their stock price movement. Given this key milestone breakthrough, I expect a larger, sustained run. I’ve shortlisted the following crypto miners, as they’re already in an uptrend and show straightforward price movement. - Riot Platforms (RIOT) - Hut 8 corp (HUT) - Cleanspark Inc (CLSK) - This has my least favourite price movement. Opening Sustainable Momentum 🧑🏻‍🚀 Strategy Signals identify market opening H2 candles through momentum and behaviour change that potentially could indicate a shift in the current price overall structure (Price gaps and ADR %). Risk We use the signal candle's highs and lows for entry and stop loss. If price hits the stop loss, it is clear that the shift we expected did not come to fruitation. Current SL is at 0.25Fib Focus Focus is never on the signal candle alone, but it's role in the larger structure and the direction it is inclined towards with a minimum Risk & Reward of 2R. Stock must be in a pull back or consolidation area waiting for a broad market momentum to ignite it forward. Character Trend, Positive Skew
NASDAQ:HUTLong
by Ronin_trader