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$VKTXyieahhh We can go touch $46 and potentially go test the upper part of the channel. Bunch of confluences for the bounce. 1. Parallel channel support 2. Wave C has same length as Wave A 2. Filled previous gap 3. Using previous high from 2023 as support 4. Weekly RSI and MACD turning around Daily RSI is in an interesting point, will reach a resistance on the daily. I want this to go back down to have another dab at this, but if it breaks we are off to the races and will hope for a retest on the RSI break. Be mindful this is another biopharma very volatile and many times news driven, which was already coincidentally this week! yieahhh
NASDAQ:VKTXLong
by rubfigue
Vicor (VICR): Power Conversion Innovation Leads ExpansionVicor Corporation (VICR) is a leader in power conversion technology, specializing in high-efficiency modular power solutions for industries like aerospace, automotive, and data centers. The company’s innovations in high-density power modules help businesses improve energy efficiency and performance, making it a key player in the transition to more advanced power systems. As demand for high-performance computing and electrification continues to grow, Vicor is well-positioned to benefit from expanding markets and increased adoption of its cutting-edge technology. The stock chart recently displayed a confirmation bar with rising volume, pushing the price into the momentum zone, which occurs when it moves above the 0.236 Fibonacci level. This signals strong investor confidence and suggests the potential for continued upside as buying interest strengthens. Using a trailing stop helps traders secure profits while managing risk. By setting stops based on Fibonacci levels, traders can stay in the trade as long as the stock trends higher while protecting gains if momentum slows. This approach prevents early exits while ensuring profits are locked in if the stock reverses.
NASDAQ:VICRLong
by traderspro_charts
Nike (NKE) at a Pivotal Point: Reversal or Further Decline?The weekly chart of Nike (NKE) displays a prolonged downtrend, with price action respecting a descending trendline. A harmonic Bat pattern has formed, with key Fibonacci retracement levels indicating potential reversal zones. The price has recently tested the AB=CD completion zone around $77.17 and $69.90, aligning with historical support. Technical indicators suggest oversold conditions, as both momentum oscillators (stochastic and RSI) show signs of bullish divergence. A breakout above the trendline and sustained buying pressure could trigger a move towards T1 ($107.99) and T2 ($132.31). However, failure to hold support may lead to further downside continuation.
NYSE:NKELong
by BeaucoupPips
2
Early Sign on General Electric Pivot. GEAnother profitable take last time, despite entertaining a wrong Elliott count. the last idea is linked in to this one A constellation of factors again on a pivot. 1. Impulse wave completion. 2. MIDAS, BB%PCT cross. 3. vWAP/US combo aligned and bearish. 4. Suspect RSX divergence, now out of OBOS territory. 5. VZO and Stochastic indicator crossed to bearish a while ago. There are many more interesting things on the chart as far as indicator alignment goes, but its not a listing competition here. Five is generally enough for me to consider putting a position down bullish or bearish.
NYSE:GEShort
by Rykin_Capital
Netflix Flips. NFLXA correction is well overdue on this one. There is a convincing constellation of indications on this price action, so where to begin? A five wave impulse appears to be complete, and price action reverses tonality of the previous impulsive bullish candles. Divergences on RSX, BB%PCT. MIDAS line is crosses, while vWAP and US lines are aligned and are above the candle. VZO crossed bearishly and trigger line crossed the ribbon. BB%PCT is now bearish crossing the zero line and Ehler's Stochastic RSI is bearish as well and has been for a while.
NASDAQ:NFLXShort
by Rykin_Capital
Harmonically Bullish on Procter and Gamble. PGXABC bullish zigzag, within a structure harmonically consistent with a developing XABCD. In harmonic reactions, retracements are often indicative of extensions to follow, which in this case is 1.618. This conveniently aligns in a Fibonacci cluster with a .886 larger retracement, consistent with a Bat Harmonic. One thing about Bats is that they are the most common and the most reliable out of the harmonic family. Interestingly, MIDAS, VZO, Stoch and BB%PCT all flipped on literally the same candle? Fractal resonance anyone?
NYSE:PGLong
by Rykin_Capital
Mastercard Curving Back Down. MAAnalyzing price action here for a suspect pivot on Mastercard. A 5 wave impulse is done, a part of a much larger structure, now crossing MIDAS curve after a tight trading range. Tight trading ranges inevitably lead to squeezes, and this might be a breakout to the downside in the last two candles. Ehlers is especially telling here, as it clearly indicates a divergence all the way through the tight trading range, which is a bearish sign on its own. Fourier smoothed VZO plus offset trigger is generally bearish but less revealing otherwise. Bollinger Band %PCT just flipped and is expected to go lower with the most recent bearish price action
NYSE:MAShort
by Rykin_Capital
Meta Platforms Finishing Local Trend. METAElliott Wave impulse is possibly finished, yet relying on Elliott counts alone comes with unfathomable risk, I looked for a constellation of additional pieces to qualify a short position on the 12H chart. That is fairly strong bearish price action with lower lows, and indicators are generally bearish or downgoing in the least. More relevantly, RSX left OBOS territory, MIDAS curve has been crossed, and VZO/Ehler's StochRSI have crossed almost in tandem. Ultimate goal is bottom of A, which an elliotician will recognize to be frequently 0.382 retracement, which interestingly forms a Fib cluster with the supposed fifth wave at 0.786 minor retracement.
NASDAQ:METAShort
by Rykin_Capital
Short-Term Buy Position. 31$ - 40$IonQ (IONQ): Short-Term Buy Position with Bearish Confirmation Risks IonQ is currently in a short-term buying zone after experiencing a long pullback from $44 to $31. The next key move is a rebound to at least $35, where the stock could face resistance at its November 2021 levels or attempt a rise toward $40 to create a bearish confirmation pattern. If the bearish trend continues, IonQ could head toward $26, a critical support level where two key scenarios could unfold: Consolidation between $20 and $26, signaling market uncertainty and potential range-bound trading. Bullish channel formation between $26 and $35, which would suggest a gradual recovery and potential accumulation. Long-Term Risk: A Steep Correction Like 2021 If IonQ fails to stabilize within these key price zones, it could trigger a major percentage drop of 80–85%, similar to its 2021 crash from $35 to $10. Key downside levels to watch: $26: Must hold to prevent deeper declines. $20: Below this, the stock enters a high-risk phase. $10: A worst-case scenario if bearish momentum intensifies. Conclusion: Critical Levels to Watch Short-Term Resistance: $35–$40 (needs to break for bullish momentum). Long-Term Support Zones: $26 (major level) and $20 (critical risk point). Failure to hold above $26 could result in a sharp decline, repeating the 2021 pattern with a potential 80–85% drop. IonQ must stabilize above $26 to avoid a deeper correction, while a move past $40 could temporarily delay the bearish scenario. The next few months will be crucial in determining its long-term trajectory.
NYSE:IONQLong
by QuantumFusionWave
1
The #1 Power Of A Chart Patterns Analysis Am feeling low on courage and energy because of this i decided to do some yard maintenance work 😊 Just to remove my negative thoughts even as we trade mental health is very important. Am following this awesome newsletter watchlist recommend to me by Tim Sykes. This i where I got the idea of how to trade a break down strategy. 👇Let's look at this chart analysis together 👇 What you are looking at on the chart Is called the Bearish Engulfing Pattern. This is when the Red candlestick on the right is longer than the green candlestick on your left. Also notice the rocket booster strategy on the downside: 1-The price is below the 50 EMA 2-The price is below the 200 EMA 3-The price is gapped down The last step is very important now the a look at the the RSI moving averages the have crossed in a resistance zone... In order to learn more about it rocket boost this content. Disclaimer ⚠️ Trading is risky please learn more about risk management and profit taking strategies.Also feel free to use a simulation trading account before you use real money.
NYSE:FDXShort
by lubosi