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plugPlug Power Inc. (PLUG) appears to be nearing the end of its bearish trend, based on the principles of the Wyckoff method. Over the past three weeks, I have observed a significant increase in trading volumes, which could indicate a classic accumulation phase. Key Levels and Targets: Key Resistance: $2.65 – A breakout above this level, confirmed with strong volumes, would signal the completion of accumulation and the beginning of a markup phase. First Price Target: $5.00 – This represents a significant upside potential in line with the anticipated upward momentum. Supporting Factors: Volume Activity: Recent weeks show increasing volumes, suggesting strong buyer interest. Wyckoff Structure: The current price action aligns with the final stages of the accumulation phase and anticipates a possible breakout. Traders and investors should monitor the $2.65 level closely for confirmation of this scenario. A successful breakout could open the path toward the $5.00 target in the coming sessions.
NASDAQ:PLUGLong
by omossa
AAPL on the Edge! Key Levels for Trading This Week Dec.16Daily Timeframe Analysis (Longer View) 1. Trend: * AAPL is in a strong uptrend, respecting the rising wedge pattern and trading near resistance. * Price is consolidating at $248–$250, a critical level for direction. 2. Key Levels: * Resistance: $250.80 (recent high). Breaking above could trigger continuation toward $255. * Support: $240 (previous consolidation zone) and $235 as a lower support. 3. Indicators: * EMA 9/21: Price is above both EMAs, signaling continued bullish momentum. * MACD: Flattening, showing weakening momentum, which could lead to a pullback. * Volume: Relatively steady but not showing strong buying pressure. Daily Outlook: * If AAPL holds above $248, it can test $250.80–$255. * Failure to hold could lead to a retest of $240 as support. 1-Hour Timeframe Analysis (Shorter View) 1. Trend: * Price is consolidating in a descending triangle, with lower highs and stable support near $246. * The short-term trend is neutral to slightly bearish, awaiting a breakout or breakdown. 2. Key Levels: * Resistance: $250.80 (upper trendline). * Support: $245.68 (lower trendline). * If $245 breaks, the next level is $241.25 (recent low). 3. Indicators: * MACD: Bullish crossover forming, suggesting a short-term upside move. * Volume: Increased red volume shows bears are still active, but buyers are stepping in. 1-Hour Outlook: * Watch for a breakout above $250 for bullish continuation. * A breakdown below $245.68 could trigger further downside toward $242. Direction and Strategy For Tomorrow (Scalping): * Look for a breakout above $248–$250 to scalp toward $252–$255. * Short if AAPL rejects resistance at $250 and breaks $246, targeting $243–$245. For Next Week (Swing Trading): * Bullish Setup: If AAPL breaks $250.80 with volume, it could rally to $255+. * Bearish Setup: If it fails to hold $245, look for downside toward $240–$235. Summary * Short-term Bias: Neutral to slightly bullish; watch for a breakout or breakdown. * Key Zones: $250 resistance and $245 support. * Swing Direction: Needs confirmation above $250 for bullish continuation; failure risks pullback to $240. ----------------------------- GEX Analysis For Option Trading ----------------------------- Key Observations from GEX Levels: 1. CALL Walls (Resistance): * 247.6: The highest positive GEX level, acting as key resistance. This is where upward momentum could slow down or reverse. * 252.5–255: Additional strong resistance zones, aligning with the 2nd and 3rd CALL Walls. 2. PUT Walls (Support): * 237.5: The strongest PUT wall and likely the first support level where price could stabilize. * 225: The 2nd PUT wall—this acts as a deep downside support level. 3. Gamma Sentiment: * Neutral to Bearish Bias: Gamma exposure shows a balance, with a slight tilt towards the downside due to the PUT wall activity. * Elevated resistance at 247.6 suggests CALL buyers may cap price movement. 4. IVR and Options Oscillator: * IVR: 11% indicates low implied volatility, making options relatively cheap for directional plays. * CALL Positioning: At 17.1%, call positioning is weak, signaling limited bullish momentum. Technical Analysis for Options Trading (Using GEX): 1. Bearish Option Trade Setup: * Entry: Look for rejection at 247.6 (CALL wall resistance) or a failed breakout above 252.5. * Target: First target near the 237.5 PUT support, with an extended target at 225. * Option Strategy: * Buy PUT options (near-the-money strikes) with 30–45 days to expiration to allow time for the trade to play out. * Alternatively, use a Bear Put Spread (e.g., buy 245 PUT, sell 235 PUT) to reduce cost. 2. Bullish Option Trade Setup (Short-Term): * Entry: If price consolidates above 247.6 with volume confirmation, look for a push toward 252.5. * Target: CALL wall at 252.5, with stop-loss below 247. * Option Strategy: * Buy CALL options with short expiration (0DTE or 1-week out) to capitalize on quick moves. * Use a Bull Call Spread (e.g., buy 247 CALL, sell 252 CALL) for a cost-effective approach. Conclusion & Directional Bias: * Bearish Outlook: Price is struggling near the 247.6 CALL wall, and low IVR suggests options are cheap for PUT strategies. * Key Levels to Watch: * Resistance: 247.6 and 252.5 * Support: 237.5 and 225 For options trading, focus on PUT options if rejection occurs at resistance or CALL spreads if bullish confirmation is seen above key levels. 🚀 Short Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading.
NASDAQ:AAPL
by BullBearInsights
SMCI: A Sleeping Monster Ready to AwakenSuper Micro Computer, Inc. (SMCI) has recently shown a notable pullback, presenting what I believe to be a massive opportunity. Despite the stock’s short-term volatility, SMCI remains a sleeping monster with huge upside potential in my view. The recent decline toward the $35 mark (down from $50 earlier this week) can be largely attributed to two factors: Delisting from the NASDAQ100: This fueled a wave of shorting, as traders capitalized on the news—something we’ve seen happen with this stock in the past. Profit-Taking: Let’s not forget SMCI delivered a 180% revenue increase in just 24 days. A retracement following such explosive moves is not only expected but healthy for future growth. Please also keep in mind that the weight of SMCI on the NASDAQ100 was only 0.13% of the entire index. This means that by buying one contract of NASDAQ100, only 0.13% of your capital was allocated to SMCI. In simple terms, the delisting is practically irrelevant, as its small weight doesn’t have a significant impact on the stock’s true value or long-term potential. While many are cautious, I remain extremely bullish on SMCI’s long-term prospects. In the short term, I will take a conservative approach, expecting the stock to reach $54, which represents an impressive 54% increase from the current price. Looking further ahead, my longer-term target is $75, as I believe this undervalued stock still has plenty of room to run. If history has taught us anything, it’s that SMCI has a habit of bouncing back stronger after periods of uncertainty—and this recent dip is no different. The upside potential is massive. Let the traders short, let the market shake weak hands—opportunity is knocking for those with patience and vision!! This is not financial advice, just my personal view!!
NASDAQ:SMCILong
by Charts_M7M
14
Liberty Energy (LBRT) – Potential Triple Bottom Formation [LONG]Liberty Energy (LBRT) appears to be forming a textbook triple bottom pattern on the daily chart, signaling a potential reversal from its recent downtrend. This bullish formation is characterized by three distinct lows around the $16.50 level, showcasing strong support at this price range. Key Observations: Support Zone: The $16.50 level has held firm as support on three occasions, rejecting further downside and indicating potential buyer accumulation. Volume Analysis: Increasing volume on rebounds from the support level suggests growing bullish momentum. Breakout Potential: A breakout above $18.65 (the neckline resistance) could confirm the triple bottom pattern and signal the start of a strong upward move. Technical Indicators: The RSI is trending upward from oversold territory, hinting at a possible bullish divergence. Meanwhile, MACD is approaching a bullish crossover. Target Price: If confirmed, the measured move projects a price target of $23.60, based on the height of the pattern. Disclaimer: This is not financial advice. Conduct your own research and consider your risk tolerance before entering any trade.
NYSE:LBRTLong
by Hamidrsza
2
$AMGN observationThis is just my observation, not advice. Technical: 1. Price touched the 200 SMA. 2. Price is corrected to 50% correction and slightly pumped after reaching the supportive zone. 3. Price reached the volume price of FRVP around 270$. 4. The correction nature of the latest candles in the blue box is obvious. 5. In the daily and 4H charts, the stock is almost in the oversold zone. 6. A significant divergence is observable on the daily chart. Fundamental: 1. P/E ratio: 34.4x (Not undervalued) 2. In November 2024, Amgen's Phase 2 study of MariTide showed a 20% average weight loss over 52 weeks in obese patients without diabetes. While promising, it fell short of analysts' 23–25% expectations, raising concerns about its competitiveness against treatments like Eli Lilly's Zepbound and Novo Nordisk's Wegovy. 3. On November 26th, after MariTide phase 2 announcement, the price was mixed but could be considered to have moved up impulsively. 4. On 5th December, Amgen announced to invest 1B for expansion. 5. NASDAQ:AMGN launched Pavblu as a rival of NASDAQ:REGN 's Eylea. 6. On December 7th, NASDAQ:AMGN out significant result for Blinatumomab. 7. Based on reports, NASDAQ:AMGN raises quarterly dividend 5.8%. 8. Analyst sentiments: 14 buy, 15 hold, 3 sell. Scenarios: We are in the correction with two main scenarios: 1. ABC correction has been completed and impulsive waves have been started so we should look for entry. 2. A correction wave has been completed, and we are now in the B wave correction. In this case, we should see another price drop on wave C. After then, we can look for long on around 78% correction and trendline.
NASDAQ:AMGNLong
by jack_the_real_trader
IONQ Daily Chart: Technical Analysis (Long-Term View)1. Trend: * IONQ has been in an uptrend for the past few months, with higher highs and higher lows. * Currently showing a pullback but holding above the key EMA 9/21 levels, indicating potential continuation. 2. Support & Resistance: * Support: Around $30–$31, where it bounced recently. * Resistance: Near $38.45 (recent highs) and $40, a psychological level. 3. Volume: * Strong green volume on the recent bounce suggests buyers stepping in. * Sustained volume will be crucial for a move higher. 4. MACD: * Currently bearish, but showing signs of a reversal as the histogram flattens. A bullish crossover could confirm renewed upside momentum. Long-Term Perspective: * IONQ is showing strong technical strength but remains volatile. * Upside Potential: If the uptrend continues and it breaks above $38–$40, IONQ could see further growth. * Downside Risk: A break below $30 could signal weakness, so managing risk is essential. ---------------- Strengths for Long-Term Investment 1. Leader in Quantum Computing: * IONQ is at the forefront of a rapidly growing industry with strong innovation and technology leadership. * Quantum computing is expected to disrupt sectors like finance, pharmaceuticals, and AI, offering huge upside potential. 2. Strategic Partnerships: * Collaborations with major players like Amazon (AWS), Microsoft Azure, and Google Cloud give credibility and scalability to their business. 3. Strong Revenue Growth: * While still in its early stages, IONQ has shown solid revenue growth year over year, reflecting increasing adoption. 4. Market Position: * As one of the first publicly traded quantum computing companies, IONQ holds an early-mover advantage. Risks to Consider 1. High Valuation and Volatility: * Like most early-stage tech companies, IONQ trades at a premium with significant price swings, which can be risky for conservative investors. 2. Unproven Commercialization: * Quantum computing is still an emerging technology, and widespread commercial adoption may take years to materialize. 3. Competition: * Tech giants like IBM, Google, and Intel are heavily investing in quantum computing, which could challenge IONQ's position over time. 4. Profitability Concerns: * IONQ is not yet profitable and requires continued investment in R&D, which could lead to cash burn concerns. Final Thoughts IONQ offers significant long-term potential as a pioneer in quantum computing, but it remains a speculative play. If you're a long-term investor with a higher risk tolerance, IONQ could be worth considering as part of a diversified portfolio. Key areas to watch include: * Revenue growth and financial stability. * Technological advancements and partnerships. * Market adoption of quantum computing solutions. For a cautious approach, consider starting with a small position and scaling in as the company's growth trajectory becomes clearer. 🚀 Disclaimer: This analysis is for educational purposes only. Perform your own due diligence before trading.
NYSE:IONQLong
by BullBearInsights
Broadcom (AVGO) Will Go Down - Short Setup📉 Broadcom Inc. (AVGO) – 15 Min Chart, NASDAQ Here’s a short trade opportunity I’m monitoring: 🔹 Trade Details: - Entry Zone: $228.06 - $231.70 (Fibonacci 1.236 - 1.382 extension) - Stop-Loss: $237.60 - Target 1: $214.85 (0.236 Retracement) - Target 2: $206.21 (0.382 Retracement) - Extended Target: $192.25 (0.618 Retracement) 🔹 Technical Rationale: - Price completed a 5-wave move (Elliott Wave structure) and shows signs of reversal at Fibonacci resistance. - Targets align with key retracement levels. - Risk-to-reward ratio is highly favorable. ⚠️ Always manage risk with a stop-loss at $237.60. Trade smart and stay disciplined.
NASDAQ:AVGOShort
by MrStockWhale
2
Ready for upsideThe stock appears to be in a pullback phase. I anticipate it will find support around the previous monthly highs, keeping prices contained between that level and the anchored VWAP (Volume-Weighted Average Price) from the recent swing high. Once the price advances back up toward this anchored VWAP and experiences a slight pullback, the key will be to break through it. If the stock establishes a pattern of higher highs and higher lows on the 30-minute chart, it would strengthen the bullish outlook.
NYSE:RYAMLong
by AnotherBrian