Trading Plan and Technical Analysis for NVDA Overview NVIDIA Corporation (NVDA) has shown a mix of bullish and bearish signals recently, with price action hovering near important support and resistance levels. Here’s a breakdown of the setup, including supply and demand zones, order blocks, and suggested entries and exits for both scalping and swing trading. Key...
Trading Plan and Technical Analysis for SPY Overview SPY has shown a sharp downward trend recently, with price action reflecting bearish momentum. In this setup, I’ll cover important support and resistance levels, supply and demand zones, and potential entry/exit points for both scalping and swing trades. Key Levels Support Zones: $591: This is the immediate...
Trading Plan and Technical Analysis for PLTR Overview Palantir Technologies (PLTR) has been displaying a strong uptrend, with price action respecting an upward channel. However, recent sessions have seen some volatility, creating both scalping and swing trade opportunities. Here’s a comprehensive breakdown of the setup, including supply and demand zones, order...
Key Observations Downward Channel: TSLA is currently trading in a downward channel with lower highs and lower lows, indicating a continuation of bearish sentiment in the short term. The trendline from the previous highs aligns with recent resistance levels, suggesting that TSLA needs a breakout above this line to shift the trend. Support and Resistance...
Amazon (AMZN) has been climbing steadily and is now testing a significant resistance level. Let’s dive into the supply and demand zones, price action, MACD, volume, and EMA indicators to spot actionable levels for scalping and swing trades. Market Structure Overview: AMZN is in an uptrend, approaching a strong resistance level around $215. The recent bullish...
Apple Inc. (AAPL) is currently trading near crucial levels after a recent pullback. Let’s examine the key zones, price action, MACD, and volume insights to identify potential setups for scalping and swing trading. Market Structure Overview: AAPL is experiencing a pullback within a broader uptrend. The stock has recently encountered resistance and is now...
NVIDIA Corporation (NVDA) is experiencing a period of consolidation, trading between well-defined support and resistance levels. Let’s break down the key zones, price action, MACD, volume insights, and potential setups for scalping and swing trades. Market Structure Overview: NVDA is consolidating after a recent rally, indicating that buyers and sellers are in a...
Tesla (TSLA) is trading in a consolidation phase, forming a symmetrical triangle pattern, which often precedes a breakout. Here’s a detailed look at key supply and demand zones, support/resistance, and trade setups for scalpers and swing traders. Market Structure Overview: TSLA’s current structure indicates indecision, with a symmetrical triangle pattern hinting...
Palantir Technologies Inc. (PLTR) has been trending upward, but it’s approaching critical levels that could determine the next move. Here’s a deep dive into the price action, supply and demand zones, order blocks, and trade opportunities for scalping and swing positions. Market Structure Overview: PLTR has been on a steady uptrend, currently trading within a...
SPY is at a critical juncture, balancing between strong support and resistance zones. This analysis dives into actionable price levels, key zones, and setups for both scalping and swing trading. Let’s see where SPY might head next. Market Structure Overview: SPY has been consolidating near the $598 level, showing a tug-of-war between buyers and sellers. This...
📌 Overview Palantir Technologies Inc. (PLTR) is currently trading within a rising channel on the 1-hour chart, with price oscillating between the channel's support and resistance lines. The 9 EMA and 21 EMA are providing guidance on short-term momentum, while volume analysis suggests possible consolidation before a decisive move. Let’s examine the critical...
📌 Overview Tesla Inc. (TSLA) has been trading within a well-defined upward channel on the 1-hour chart. Recently, price action has approached the lower boundary of this channel, indicating potential support. The 9 EMA and 21 EMA are providing insights into short-term momentum, and the MACD is reflecting possible bearish sentiment. Let’s analyze the critical...
📌 Overview Amazon Inc. (AMZN) appears to be forming a rising wedge pattern on the 1-hour chart, typically signaling potential bearish reversal if support levels do not hold. Current price action is testing significant resistance levels, and the 9 EMA and 21 EMA are in play to provide momentum signals. Let’s analyze the key levels, indicators, and potential trade...
📉 Key Levels Resistance Levels: $228.66: This is the most recent high on the 1-hour chart, acting as a significant resistance level. A breakout above this could indicate bullish momentum, but current price action suggests resistance may hold. $224.09 - $224.06: The ask and bid levels near the current price serve as immediate resistance. A failure to break above...
📌 Overview NVIDIA (NVDA) has been consolidating over the past few sessions, as shown on the 1-hour chart. With a mix of bullish and bearish signals, the stock could be gearing up for a potential breakout or breakdown. Let’s analyze the key levels, patterns, and indicators to understand the possible next moves. 📊 Multi-Timeframe Analysis Higher Timeframe Context...
Overview: SPY is currently testing a significant resistance level following a notable rally from late October lows. The ETF has shown sustained upward momentum on the hourly chart, respecting the trendline drawn since the breakout. However, momentum indicators suggest the rally may be facing exhaustion. Traders should be on alert for either a breakout continuation...
1-Hour Chart Analysis: The stock is currently trading at $31.92, sitting just above the $31.90 bid price level, suggesting potential consolidation in the near term. There’s a downward channel forming, with the upper trendline acting as a strong resistance, and a descending support line providing a potential floor around $25.58. 🔍 Key Technical Levels: Resistance...
Price Action Overview: On the 1-hour chart, AAPL has pulled back from the recent highs near $229, encountering resistance and currently trading at around $223.50. There’s been a clear double-top formation near the $229 level, followed by a bearish divergence on the MACD, signaling potential weakness. Key Levels: Resistance: Primary Resistance: $228.68 (previous...