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Starbucks (SBUX) - Long Setup On a ReversalWe're monitoring a potential bullish setup for Starbucks on the daily timeframe. The price is approaching a key buy zone, identified at the 0.618 - 0.786 Fibonacci levels, which aligns with previous structural support. This presents an opportunity for a reversal to the upside. Trade Details: - Entry (Buy Zone): $83.69 - Stop-loss (Red Zone): $76.79 Targets (Green Zones): - Target 1: $91.24 (0.382 retracement) - Target 2: $110.85 (0.236 retracement) Analysis: The bullish bias is supported by the confluence of Fibonacci retracement levels and the structural buy zone. Look for a bounce in this zone, with upside potential to the 0.382 and 0.236 retracement levels. This is a swing trade setup, so patience is key.
NASDAQ:SBUXLong
by MrStockWhale
ANF rocket fuel primed: Price Discovery ActivatedGreetings Everyone, I couldn’t delay sharing this exciting analysis on Abercrombie & Fitch (ANF), as it’s showing a significant technical setup that demands immediate attention. Supplementary Photos: www.dropbox.com 🌀 ANF’s Fourth Wave Triangle: What’s Unfolding? Abercrombie & Fitch is currently forming a classic 4th wave triangle as part of a larger Elliott Wave structure. Based on my analysis, it appears this consolidation phase has just completed, setting the stage for a potential breakout into the 5th wave. Here’s why this matters: 📈 Key Insights into ANF’s Wave Structure Fourth Wave Triangles in Elliott Wave Theory Fourth waves often manifest as contracting triangles—periods of lower volatility and sideways price action. These patterns serve as a pause in the trend before the final impulsive wave (Wave 5). ANF’s price action fits this structure perfectly, with decreasing volume during consolidation, a hallmark of Elliott Wave triangles. What’s Next? : If the triangle breakout is confirmed, I anticipate a strong 5th wave rally. Support and Resistance Zones The lower boundary of the triangle is providing robust support, while the breakout level near the upper resistance aligns with key Fibonacci retracement levels. Monitor for volume spikes as price approaches the breakout zone—this will validate the bullish move. Volume Dynamics Similar to what we’ve seen in past examples (like Chainlink’s accumulation breakout), volume during the breakout phase is crucial. ANF recently showed strong buying pressure near the triangle’s apex, indicating potential momentum. 📊 Strategy and Risk Management To maximize this opportunity, here are the key levels and strategies to consider: • Entry Point: A confirmed breakout above the triangle’s resistance with sustained volume. Stop-Loss: Place stops just below the triangle’s lower boundary to limit downside risk. Target: Based on Elliott Wave projections, the 5th wave could aim for 1.618 extension of Waves 1–3. Keep this level in focus as a profit-taking zone. Invalidation: A breakdown below the triangle would signal that the 4th wave correction is incomplete or that the larger wave structure is failing. Why This Setup is Important Abercrombie’s breakout would align with: • Broader market recovery trends. • Improved earnings performance (as seen in its Q3 highlights). • Continued strength in consumer spending and brand expansion efforts. Closing Thoughts This is a pivotal moment for ANF. With the completion of the 4th wave triangle
NYSE:ANFLong
by coilemard
4
Tesla (TSLA) - Short Setup Incoming Tesla (TSLA) - Short Setup Looking at Tesla on the 1-hour chart, we are observing a potential bearish scenario. The price has retraced into the 0.618 - 0.786 Fibonacci zone, forming a reversal structure in line with Elliott Wave principles. This zone coincides with the prior breakdown level, making it a critical area of interest. Trade Details: - Entry: $462.27 - Stop-loss: $476.65 Targets: - Target 1: $403.07 - Target 2: $360.66 Analysis: The current bearish impulse indicates a possible continuation to the downside. With the first target near $403.07 (0.236 extension), this area will be watched closely. If momentum persists, we could see a push toward $360.66, aligning with the -0.382 extension.
NASDAQ:TSLAShort
by MrStockWhale
NVDA Analysis in Three Trading Strategies1. GEX Analysis for Options Trading Gamma Levels and Key Insights: * Support Levels: * $130: Major put support, showing strong downside protection. * $128: Next support level (3rd Put Wall). * Resistance Levels: * $134: HVL (High Volatility Level) and pivotal gamma level for upside moves. * $136: Highest NET GEX, indicating a strong resistance zone. * $137–$140: Major call wall resistance. * IV and Sentiment: * IVR: 38.9, suggesting moderate implied volatility. * Calls %: Moderate at 37.3%, indicating mixed sentiment. Options Strategy: * Bullish: * Buy calls above $134 with a target at $136 and $137. * Use $132 as a stop-loss. * Bearish: * Buy puts below $130 with a target of $128 and $126. * Use $132 as a stop-loss. 2. 1-Hour Chart for Swing/Day Trading Key Observations: * Trend: Downtrend with lower highs and lower lows, confirming bearish sentiment. * Support and Resistance: * Support at $130, aligned with gamma levels. * Resistance at $134. * Indicators: * EMA (9/21): Bearish alignment with price below both EMAs. * MACD: Bearish crossover, confirming downside momentum. Swing/Day Trading Setup: * Bullish: * Entry: Above $134 with volume. * Target: $136 and $137. * Stop-loss: Below $133. * Bearish: * Entry: Below $130. * Target: $128 and $126. * Stop-loss: Above $132. 3. 2-Minute Chart for Scalping Key Observations: * Trend: Strong intraday selling pressure with no significant recovery. * Scalping Levels: * Resistance: $131.20. * Support: $130.00. * Volume: * Selling pressure increased during the latter half of the session. * Indicators: * EMA (9/21): Dynamic resistance, confirming bearish structure. * MACD: Bearish divergence with no signs of reversal. Scalping Strategy: * Bullish: * Entry: Break above $131.20. * Target: $132.00. * Stop-loss: Below $131.00. * Bearish: * Entry: Break below $130.00. * Target: $129.00. * Stop-loss: Above $130.20. Disclaimer This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk appropriately before trading.
NASDAQ:NVDA
by BullBearInsights
1
MSFT Analysis in Three Trading Strategies for Dec. 201. GEX Analysis for Options Trading Gamma Levels and Key Insights: * Support Levels: * $432.5: Major put wall, indicating strong support for downside protection. * $435.0: GEX9 level, minor support within the current range. * Resistance Levels: * $440.0: Significant call wall, indicating resistance for upward movement. * $450.0: Highest positive NET GEX and a key resistance level above. * IV and Sentiment: * IVR: 37 suggests moderate implied volatility. * Calls %: Low at 16%, showing bearish sentiment in the options market. Options Strategy: * Bullish: * Long calls above $440. Breakout targets $445 and $450. Use $435 as stop-loss. * Bearish: * Buy puts below $432.50, targeting $430 and $427. 2. 1-Hour Chart for Swing/Day Trading Key Observations: * Trend: Clear bearish trend on the hourly chart with lower highs and lower lows. * Support and Resistance: * Immediate support at $435.0. * Resistance at $440.0, aligned with GEX and trendline resistance. * Indicators: * EMA (9/21): Bearish alignment with EMAs trending down. * MACD: Negative histogram and bearish crossover confirm selling pressure. Swing/Day Trading Setup: * Bullish: * Entry: Above $440 with volume. * Target: $445, with $437 as stop-loss. * Bearish: * Entry: Below $435. * Target: $432 and $430, with a stop-loss above $437. 3. 2-Minute Chart for Scalping Key Observations: * Trend: Downtrend with immediate rejection near $437 and weak bounce attempts. * Scalping Levels: * Resistance: $437.85. * Support: $435.0. * Volume: * Increased selling pressure near the close suggests continuation of bearish moves. * Indicators: * EMA (9/21): Dynamic resistance, reinforcing bearish structure. * MACD: Bearish divergence near resistance confirms downtrend. Scalping Strategy: * Bullish: * Entry: Break above $437. * Target: $438.50. * Stop-loss: Below $436.50. * Bearish: * Entry: Break below $435. * Target: $433.50. * Stop-loss: Above $435.50. Disclaimer This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk appropriately before trading.
NASDAQ:MSFT
by BullBearInsights
TSLA Technical Analysis (TA) and GEX for Dec. 20Market Context Tesla showed weakness today, closing lower after a significant intraday decline. The price action reflects selling pressure with volume increasing during the latter part of the session, indicating bearish sentiment. 1. Key Levels * Support: * $425.00: Put Wall support and critical level for a bounce. * $420.00: Next downside target in case of further weakness. * Resistance: * $437.85: Immediate resistance, aligned with price rejection today. * $445.00: Gamma level resistance that needs volume to break. * $460.00: Significant GEX resistance above, unlikely to be tested tomorrow unless strong buying resumes. 2. Price Action Insights * Tesla has broken out of a rising trendline, forming a bearish structure on the hourly chart. * The current descending price channel indicates further downside unless $437 is reclaimed quickly. * Intraday volume spiked during the sell-off, suggesting bearish conviction. 3. Indicators Analysis * 9 EMA and 21 EMA: * Both are trending downward, reflecting short-term bearish momentum. * MACD: * Bearish crossover on the hourly and 2-minute charts confirms the downtrend. * Options Oscillator: * Call activity still dominates at 105.2% GEX, but bearish price action overshadows sentiment. 4. GEX Analysis * Gamma Levels: * $430.00: High Volatility Level (HVL); this is the pivot for tomorrow’s trading. * $445.00: Major call wall resistance. * $425.00: Key put wall support. * $420.00: Critical gamma floor; breaching this signals further bearish pressure. Trading Outlook for Tomorrow Bullish Scenario: * A recovery above $430 with volume could target $437 and possibly $445. Bearish Scenario: * Failure to hold $425 leads to $420, with further downside potential if selling accelerates. Neutral/Range-Bound Scenario: * Likely consolidation between $425 and $430, given today’s sharp decline and investor caution. Actionable Suggestions * Entry: * Bullish: Above $430 for a move toward $437 and $445. * Bearish: Below $425 for a drop toward $420. * Stop-Loss: * Long: Below $425. * Short: Above $430. * Scalping Opportunity: * Quick trades between $425–$430 with tight risk management. Disclaimer This analysis is for educational purposes only and does not constitute financial advice. Always perform due diligence and manage risk appropriately before trading.
NASDAQ:TSLA
by BullBearInsights
Vaxart, Inc. to print 5000% impulsive wave ?? ** The months ahead ** On the above 6 day chart price action has corrected over 96% since February 2021. A number of reasons now exist for a bullish outlook, they include: 1) Price action and RSI resistance breakouts. 2) Confirmation of support on past resistance. 3) Regular positive divergence. The divergence prints at a time price action breaks out after 4 years of active resistance. 4) The forecast is determined from a 2nd impulsive move as measured from the first. Is it possible price action continues to correct? Sure. Is it probable? No Ww Type: Trade Risk: You decide Timeframe for long: Remainder of the year. Return: 4000-5000% Stop loss: Will say elsewhere
NASDAQ:VXRTLong
by without_worries
7
PLTR: Technical Analysis (TA) and GEX for December 20Market Overview for December 19, 2024 Today’s market showed consolidation across major indices, with limited directional movement and investor caution following recent Federal Reserve policy updates. The S&P 500 and Nasdaq Composite experienced marginal declines, while the Dow Jones Industrial Average remained flat. Treasury yields exhibited mixed movements, reflecting a blend of economic resilience and sector-specific challenges. Key highlights: * Sector Movers: Darden Restaurants surged nearly 15% on strong results, while Lamb Weston and Micron Technology saw sharp declines. * Sentiment: Caution persisted due to mixed economic data and limited clarity on 2025 rate cuts. ---------------------- Technical Analysis (TA) and GEX for PLTR 1. Key Levels (Based on Charts) * Support: * $72.00 (2nd Put Wall) * $70.27 (Bearish channel support) * $68.00 (3rd Put Wall) * Resistance: * $75.50 - Immediate resistance from today’s price action. * $77.61 - Key GEX level. * $80.00 - Highest positive NET GEX. 2. Price Action Insights * PLTR’s price action suggests consolidation within a bearish descending channel on the hourly chart. * Recent rejection near $75.50 indicates sellers defending this level. * Intraday low volume suggests weaker momentum, aligning with a sideways trend. 3. Indicators Analysis * 9 EMA and 21 EMA: * Both EMAs are flattening, indicating a lack of strong momentum. * MACD: * Nearing a bearish crossover on lower timeframes, signaling potential downside pressure. * Options Oscillator: * Call activity dominates, with 83.9% calls indicating bullish sentiment, though it remains unconfirmed by price action. 4. GEX Analysis * Key Gamma Levels: * $75: 73% (2nd Call Wall) - Acts as a pivot level for tomorrow. * $77: 52.26% (3rd Call Wall) - Bullish breakout above this level signals momentum. * $72: 13.55% (-Put Wall) - First downside support. * $70: Critical put support for bearish scenarios. Trading Outlook for Tomorrow Bullish Scenario: * A break above $75.50 with strong volume can lead to $77.61 (GEX resistance) and potentially $80. Bearish Scenario: * Failure to hold $74 could result in a decline to $72 (Put Wall), with further downside to $70 in a bearish continuation. Neutral/Range-Bound Scenario: * Consolidation between $74 and $75.50, consistent with today’s activity, remains likely if volume stays muted. Actionable Suggestions * Entry: * Bullish: Above $75.50 with targets at $77 and $80. * Bearish: Below $74 with targets at $72 and $70. * Stop-Loss: * Long: Below $74. * Short: Above $75.50. * Scalping Opportunity: * Monitor breakouts from the $74–$75.50 range for quick trades. Disclaimer This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk appropriately before trading.
NASDAQ:PLTR
by BullBearInsights
Vaxart, Inc. A big thank you to all for helping me reach the 8k follower milestone.. On the above weekly chart price action has corrected over 90% since February 2020. A number of reasons now exist to be bullish, including: 1) You know why.. 2) Price action confirms support on past resistance. 3) The support is on the Fibonacci 0.236 4) RSI resistance breakout. Is it possible price action falls further? Sure. Is it probable? No. Ww Type: investment Risk: <=6% of portfolio Timeframe: Now Return: Will say elsewhere Stop loss: Will say elsewhere
NASDAQ:VXRTLong
by without_worries
28