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Tesla UpdateTesla has had quite a rough go at it lately. For those of you on trading view that follow me, you may not have had the daily updates as those on my website, but you should've known too by my posts that a decent drop was coming. Just so I am as clear as I can be, this is just the beginning of this consolidation lower. We might not even be done with this current drop for the minuette a wave either. As annotated by the turquoise label and the turquoise fibs, another low is very possible, and I would go so far as to say very probable. The reason why I think it is probable, is the structure that was created on the move lower. It appears like the move higher that started on 05 June is a miniscule wave 4 with 5 yet to come. Now, another move lower isn't required by any means. We could easily continue higher from here for minuette wave b. That is why I have drawn some blue retracement fibs. If we have in fact bottomed in (a), then we would be targeting the $328-$350 area for (b). In short, we either make another low from here to the $263 area finishing (a), or we continue higher for wave (b). MACD/structure seems to be indicating the turquoise count will come to pass. Either way we should head higher again soon. If we can make another low towards the 2.618 then I will likely take a small long position to ride out (b).
NASDAQ:TSLA
by TSuth
Niagen Breaks Out: Eyes on $15–17 as Momentum TargetsNiagen Bioscience ( NASDAQ:NAGE ) is in vertical price discovery mode, pushing into new highs with strong trend momentum, but with RSI at 78.66 and a flattening MACD histogram, it’s nearing a classic short-term exhaustion zone Technical Breakdown 1. Price Action – Parabolic Advance Price is climbing in a near-vertical channel from the $5–6 range in March to now $12.95 — a 2x+ move in just a few months. No clear resistance above = price discovery, but these steep climbs often invite sharp mean reversion when momentum fades. No signs of topping yet, but late buyers risk being exit liquidity if volume dries up. 2. RSI – Deep Overbought RSI is at 78.66, right near the extreme threshold (>80) where pullbacks are common. Note the last RSI spike above 80 in April led to a sharp correction. If RSI rolls while price makes new highs, that’s bearish divergence risk — an early signal of topping. 3. MACD – Still Positive, But Slowing MACD lines are bullishly stacked, but the histogram is flattening — a signal that momentum is stalling. A bearish MACD crossover here would confirm that this rally leg is losing energy. 4. Volume – Watch Closely Volume data is light on this chart, but recent candles don’t show a volume climax — suggesting this may not be euphoric yet, but it’s close. One high-volume reversal candle near the top could flip sentiment fast. Fibonacci Extension Setup We'll anchor the extension to the March 2025 low and the recent pre-breakout high, using the most relevant and aggressive up-leg: Swing low: ~$5.00 (March 2025) Swing high: ~$11.50 (May 2025) Pullback low: ~$9.00 (early May dip before this new breakout) Extension Targets 1.0x $11.50 Already cleared (prior high) 1.272 $13.25–13.50 Short-term upside target, within reach 1.618 $15.00–15.25 Primary extension / high-conviction zone 2.0 $17.00 Stretch target in euphoric continuation These levels line up well with psychological round numbers and the measured strength of the rally. What Would Validate These Targets? RSI stays above 65–70 (healthy overbought, not divergent) MACD avoids bearish crossover and histogram turns back up Breakout continuation above $13.25 with volume What Would Invalidate? Sharp rejection from $13.25 or $14 with divergence RSI dropping below 65 while price stalls Bearish MACD crossover + red candle volume spike
NASDAQ:NAGELong
by BenRoses
CRM Long Setup: High R:R Opportunity Off Support ZoneSalesforce (CRM) is setting up for a compelling long opportunity based on a combination of Ichimoku cloud structure, pivot level confluence, and a strong risk/reward ratio. After a recent pullback from the $290s, CRM has entered a consolidation range just above the Ichimoku cloud. With a defined stop and a clear breakout target, the long case offers an R/R of 3.57, which is notable in this current market environment. 🔍 Entry & Trade Details Entry: $263.52 Stop Loss: $255.00 (approx. 3.23%) Target: $293.50 (approx. 11.52%) Risk/Reward Ratio: 3.57 Position Size: 100 shares (~$21,000 exposure) This long position is targeting a return to the previous high around the $293.50 mark, which aligns closely with the key pivot resistance (R1 zone) and the upper boundary of the recent trading range. The tight stop loss just below the cloud and recent support ensures limited downside while leaving room for CRM to climb with momentum. ☁️ Ichimoku Structure Analysis CRM is currently sitting inside the Ichimoku cloud, a zone of equilibrium where price tends to consolidate before a larger move. The key observation is that the conversion line (Tenkan-sen) is flat and the lagging span (Chikou) is attempting to cross above prior price action—both are early signals of bullish intent. If CRM can decisively clear the upper cloud boundary, it opens the door for a move back to the psychological $290–$295 zone. 📊 MACD Momentum Shift Below the chart, the MACD histogram has flipped negative recently, but that’s not unusual in a consolidation phase. More important is whether we see a re-acceleration in histogram bars along with a bullish MACD crossover, which would be a strong continuation signal. With the histogram declining but price holding, we’re watching for a momentum divergence setup—bullish if confirmed by volume. 🔄 Volume & Previous Structure CRM saw strong buying interest in mid-May, driving it above the pivot point ($277.75). Since then, price has retraced back toward support, shaking out weak hands and retesting the structure. Volume on the pullback has been controlled, suggesting this may be a healthy base before the next leg up. 📌 Trade Thesis This is a technical long trade betting on: A bounce off Ichimoku support Bullish re-engagement of buyers near cloud edge Clean target at former highs ($293.50) Favorable risk/reward setup The broader market conditions remain mixed, but CRM’s positioning in the enterprise software sector, combined with recent revenue growth and forward guidance, provide a solid fundamental backdrop. 📅 What to Watch A daily close above the Ichimoku cloud A green MACD histogram bar Increased buy volume near $265–$270 💬 Final Thoughts Salesforce is offering a high-probability, high-reward long setup here. Tight stop, clear target, and bullish structure make this worth watching. Be patient on confirmation—but once momentum returns, this could move fast.
NYSE:CRMLong
by aaronkaltman
1
Monster Breakout brewing for ASTS🔍 NASDAQ:ASTS Weekly Chart Analysis (Accurate) Pattern: Massive bull flag / consolidation wedge after a parabolic run. Current Price: ~$31.20, sitting near the midpoint of the descending channel. Structure: Price is compressing between lower highs and higher lows. Volume spikes on up moves, low volume on pullbacks = bullish accumulation. Testing upper trendline of the flag — breakout could trigger a new wave. ✅ Favorable Path: Break and weekly close above ~$34.00 (channel resistance) confirms breakout. That opens up a measured move targeting $50–55 short-term, and possibly $70+ if momentum accelerates. 🎯 Measured Move Target: Pole base ~$6 → Flag peak ~$36 = ~$30 range Breakout above $34 → Target = $34 + 30 = $64 ⚠️ Invalidation: A breakdown below $24–25 zone would invalidate the flag and suggest distribution instead of continuation. 🔑 Summary: Setup: Weekly bull flag after a parabolic leg Bias: Strongly bullish with breakout potential Trigger: Weekly close above $34.00 Short-term target: $50–55 Full measured move target: ~$64 Invalidation zone: Below $24 Smart money appears to be loading the dips. Breakout traders should watch $34 like a hawk.
NASDAQ:ASTSLong
by TheBullandBearLounge
TOST getting toastyTOST Technical Analysis (Breakout Setup): Current Pattern: Bull flag forming after a strong breakout from the $40.50 zone with increasing volume. Resistance: $44.33 – key level to break for momentum continuation. Support levels: $42.00 (top of previous consolidation zone) $40.55 (bull flag base and breakout pivot) Ideal Breakout Play: Watch for breakout above the flag’s upper trendline, ideally clearing $44.33 with volume. A daily close above $44.33 confirms continuation — target $47–48 short-term, with potential run to $50 psychological. Invalidation: Break below $40.55 on volume negates the setup, suggesting failed breakout. Favorable Path: Consolidate slightly → Break flag above $44.33 → Ride momentum to $47–48. Risk/reward favors long bias above $44.33. 💡 This is a textbook bull flag following a high-volume breakout — high probability if volume confirms the breakout.
NYSE:TOSTLong
by TheBullandBearLounge
Doji on top of the hillDoji on top of the hill — on the daily chart, we observe a doji candle printed at the top of a strong uptrend, situated in a heavily overbought zone, as confirmed by both RSI and Stochastic RSI. This suggests potential for a pullback. If price moves below $73.21 with strong volume and conviction, the decline may extend to $72.07 (structural CHoCH) and possibly to the $68 support area. On the other hand, if price breaks above $78 with strong bullish momentum, we could see continuation toward the $84 resistance zone. Traders should remain cautious and watch for fakeouts, especially within this tight range and at key breakout levels."
NASDAQ:HOOD
by paper_Trader1775
2
Bullish Elliot Wave count on AEDThis is my bullish Elliott Wave count for Aedifica, which I consider the more probable scenario. The corrective structure that began in early February 2020 reached the ideal Fibonacci retracement levels for a sharp correction between 0.5 and 0.618 by October 26, 2023 (not shown in this chart), and has already unfolded over nearly four years. Despite the fact that price action over the past year has remained largely corrective and we haven’t yet seen a clear impulsive move, I still view this as the most likely count and my preferred scenario. In my view, the yellow micro-degree Wave 1/2 has completed, and we are currently in the third wave impulse, with the lower orange-degree Wave 1/2 either completed or nearing completion. That said, the recent upward movement still appears somewhat corrective in nature, so we should remain cautious of the potential for a larger correction which I discussed in detail yesterday.
EURONEXT:AEDLong
by UnbieX
TSLA cup and handle INVALIDATEDThe TSLA cup and handle breakout case has been invalidated as of Thursday June 5th of this past week. The start of the week showed lack of conviction in the follow through to and over the 360 price level, where sellers stepped up. This indicated a slowdown in bullish momentum and a weakening trend early in the week. The ultimate catalyst that caused the breakdown for TSLA was, of course, the public breakup of Musk and DJT over social media platforms. This caused a "waterfall effect" of intense selling pressure through low volume zones from ~330 to the high volume node and put wall at the 280 level. Price ended up overshooting 280 but ended up reclaiming that level by the end of the session and bounced higher the following day. At this point, the weekly and daily charts are showing a short term wedge formation that may take some weeks to play out. There has not been signs of big institutional buying at the these levels as of now, and as such I suspect that there may be a bit more downside these coming weeks. My current idea is a short/put position under 293.5 to about 273, with a maximum target of 250. If price ends up at or near 250 levels, I would look to start a long position for a play back up to the 300 level.
NASDAQ:TSLA
by ManDude
Bullish on RDDT - Can it clear 130 and hold this time?Key levels to watch Support: 108–110. This zone held on the most recent pullback and aligns with prior structure. Short-term target: 125–126. If price breaks and holds above this level, it suggests momentum is building. Overhead Resistance: 130. Clearing and holding above this level is what would turn this from a bounce into something with more swing potential. Upside potential: 155–166, if price can build a base above 130 While the structure is building constructively, and a decline from here isn't my first pick, it is possible that we just continue to chop. But, for now I am bullish on RDDT for the next few weeks, and I will continue to update you here as it plays out.
NYSE:RDDTLong
by emanuelaelias
VRT : Long Position Vertiv Holdings is trading above the 50 and 200-period moving averages. It has overcome the resistances one by one without being exposed to a very high IV. It has started to draw a cup. However, it is much better to focus on the big gap rather than the cup formation because with good chances it can encounter a big resistance there. Targeting the 50-period ema and the 0.5 level of the short-term Fibonacci retracement levels as a stop point gives us the opportunity to try trading at a not bad risk/reward ratio. With a small position size or small portfolio percent : Risk/Reward Ratio : 2.54 Stop-Loss : 103.77 Take-Profit : 145.32
NYSE:VRTLong
by Noldo
JBL is pressing into ATH. Potential next stop: $194Jabil Inc. (JBL) is pressing into all-time highs with strong momentum, and both RSI and MACD support further upside — but this is a textbook spot where trend traders must watch for a breakout confirmation or a double top trap. Technical Breakdown 1. Price Action – Testing All-Time Highs (~$176) JBL is now retesting its prior high from March 2025 after a steep recovery off the ~$115 lows. The move has been orderly and relentless, showing strong demand with minimal corrective pullbacks. Price is at an inflection point: either it breaks through and enters price discovery mode, or stalls for a potential double top. 2. MACD – Bullish Continuation Setup MACD is currently bullishly crossed and rising steadily. Histogram is green, but not spiking, suggesting sustainable momentum — not overextended. This is a healthy mid-trend momentum pattern — no signs of exhaustion yet. 3. RSI – Elevated, But Not Overbought RSI is at 76.79, slightly into overbought territory. This supports the bullish case as long as it stays above 60–65 on any pullback. However, if RSI rolls over while price fails to break above $176, a bearish divergence could develop. 4. Volume – Needs Confirmation Volume isn’t surging yet — which makes this a “show me” breakout attempt. A convincing breakout would ideally need a volume spike and a strong daily close above $176. Fibonacci Extension Setup We’ll anchor the extension to the most recent strong impulse leg, from the March 2025 low to the current resistance area: Swing low: ~$115 (March 2025) Swing high (resistance): ~$176 (current all-time high) Pullback low: ~$155 (early May consolidation) This gives us a base leg of ~$61 in length ($176 - $115). Fibonacci Extension Targets Fib Level Price Target Commentary 1.0x $176 ✅ Already hit — major resistance 1.272 $194–195 First breakout target — conservative 1.618 $210–212 Primary trend continuation target 2.0 $237 Stretch target — euphoria or AI tailwinds Final Take If JBL breaks above $176 with confirmation, the Fibonacci extension suggests a primary upside target at $194–212 — with $237 as a stretch target if the move accelerates.
NYSE:JBLLong
by BenRoses
LONG | AVGO (Broadcom) | 1DScenario 1 – Pullback to Structure Zone Entry: $211.01 Stop Loss: $198.33 Target: $259.05 Risk:Reward: ~1:3 Structure: Pullback to key fib level (~38.2%) and prior breakout base. Market Logic: Reclaiming structure post pullback; trend resumption with minimal drawdown. Scenario 2 – Deep Demand Zone Entry: $187.68 Stop Loss: $162.10 Target: $263.77 Risk:Reward: ~1:3 Structure: 61.8% fib + institutional demand cluster; "if market breaks deep", re-entry possible here. Market Logic: Value-buy zone; often unfilled unless broad market correction. Ideal for swing/position trader allocations. _______________________________ Business Model & Sector Positioning Core Focus: Broadcom designs and develops semiconductors and infrastructure software solutions. Their chips power AI data centers, 5G infrastructure and cloud networking—key growth pillars. AI Exposure: AVGO provides custom silicon to hyperscalers like Google and Meta. Its next-gen networking and AI accelerator chips are integral to expanding AI workloads, which fuels earnings upside. Earnings & Financial Momentum Recent Results (Q2 FY25): Revenue up ~43% YoY, beating consensus. EPS surged ~50% YoY, driven by data center demand. AI-related revenues now make up nearly 25% of total sales. Guidance Raised: Management upgraded full-year revenue targets—signaling internal confidence. Analyst Consensus & Institutional Flow Buy Ratings: >85% of analysts rate AVGO a Buy. Price Targets: Median PTs have moved from $260 to $285 post-earnings. Ownership: High institutional interest—Vanguard, BlackRock and State Street are among top holders. Dividends: Pays a sustainable dividend (~1.8% yield), increasing yearly—strong signal of financial health. Macro Environment Interest Rate Outlook: With the Fed expected to cut by late 2025, tech stocks are well-positioned. Lower yields boost growth stock valuations like AVGO. Capex Trends: Global cloud providers are increasing AI data center spending—Broadcom is a primary beneficiary. ___________________________ Conclusion Why The Setups Work Fundamentally: $211.01 Entry: Technical pullback + fundamental tailwind from raised guidance. $187.68 Entry: Deep value zone backed by secular demand + institutional conviction in AI. Both zones represent opportunistic entries into one of the most fundamentally sound AI infrastructure plays, with upside tied to macro tech trends, strong earnings, and durable cash flow.
NASDAQ:AVGOLong
by per5onanongrata