Technical Analysis: * Trend Overview: Meta has been on an uptrend, pushing towards a key resistance zone. * Support Levels: Immediate support at 712.5, with a stronger level near 690. * Resistance Levels: Price is approaching 730, with the next major resistance near 740-750. * Indicators: * MACD: Positive momentum but showing signs of potential slowing down. ...
📅 Date: February 12, 2025 🕒 Timeframe: 15-Minute Chart 🎯 Strategy: Scalping SPY at Key Levels 🔍 Technical Overview SPY is forming a tight wedge pattern, signaling an imminent breakout. Key resistance and support levels are clearly defined, and we are preparing for a high-probability scalp setup. 📌 Key Levels: * Resistance: 🔵 605.80 - 606.00 (Breakout Zone) *...
📉 Market Structure Overview * AAPL has broken out of a descending wedge pattern with a sharp rally. * Price reclaimed key support at 230.59, indicating strength. * Currently consolidating after a strong move up, forming a possible bullish flag. 📊 Key Support & Resistance Levels * Immediate Resistance: 233.99 - 235.23 (prior high) * Major Resistance: 240 - 250...
Market Structure & Price Action: * TSLA has been in a strong downtrend, breaking multiple support levels. * It has rejected the descending trendline, continuing lower. * Current price is hovering near $327, testing a key PUT support level. 🔍 Key Levels: * Support: * $327 – Strong PUT support (highest negative NETGEX). * $295 – 2nd major CALL wall...
🔥Technical Analysis (TA) for JPM – JPMorgan Chase * Trend: JPM is forming a symmetrical triangle, consolidating after a strong uptrend. A breakout is imminent. * Price Action: The stock recently hit $278.55 before pulling back, now testing the triangle support zone. * Support & Resistance: * Resistance: $278.55 (recent high), followed by $282 breakout...
🚀Technical Analysis (TA) for UNG – Natural Gas ETF * Trend: UNG is in an uptrend, holding above key support at $18.21 and forming higher lows. * Price Action: The stock recently tested $18.89 but pulled back slightly, consolidating near the upper trendline. * Support & Resistance: * Resistance: $18.80 (current resistance), followed by $19.00 psychological...
Market Structure Overview: * CVX is currently trading in an ascending channel, showing higher highs and higher lows—a sign of bullish momentum. * The stock recently hit a high of $158.71 and is now pulling back slightly, testing support near $155.77 - $155.23. * A breakdown below $155.23 could lead to further selling pressure toward the next support at...
📉 Technical Analysis (Weekly Timeframe) Market Structure & Trendlines * SOL has been consolidating within a rising trendline support while facing resistance at $210 - $220. * The ascending trendline support from 2023 remains intact, providing a potential bounce level near $190 - $195. * A break below $190 could trigger further downside, while a successful hold...
Technical Analysis (TA) Current Market Structure: * Price Action: XOM has rebounded strongly from the $108 support level, forming an ascending trendline while approaching a key resistance near $111.10 - $112.00. * Trendlines: There’s a breakout attempt from a wedge pattern, indicating a possible continuation toward higher levels if sustained buying pressure...
📊 Market Structure Overview: * AMZN is currently recovering from a recent pullback and is forming a higher low, indicating potential bullish momentum. * Price is attempting to break out of a descending trendline, showing signs of strength. * Strong resistance is visible near $235, while $230 and $228 serve as key support levels. 🔍 Key Levels to Watch: *...
Technical Analysis (TA) 📌 Current Price: $133.15 📌 Resistance Levels: * $135.00 (Short-term resistance) * $140.00 (GEX Call Wall & potential breakout zone) * $153.00 (Major resistance from past price action) 📌 Support Levels: * $130.41 (First key support) * $124.98 (Stronger support zone if price pulls back) * $120.00 (Critical level near put walls) 📌 Trend...
Market Overview SPY is experiencing a pullback within an overall uptrend structure. The price is testing a key support zone near $600, while options gamma positioning indicates pivotal areas for potential reversals or continuation moves. Technical Analysis 1. Trend Analysis: * SPY recently broke below a short-term ascending wedge pattern, signaling a...
Market Overview Apple's price has shown signs of consolidation after a recent decline, trading near a critical support zone. Options gamma levels suggest a pivotal area around $225-$228, where market makers' activity could influence short-term price movement. Technical Analysis 1. Trend Analysis: * AAPL is in a short-term downtrend, respecting a descending...
Market Overview Tesla's price action suggests a continuous downtrend within a descending channel on the hourly chart. The volume profile aligns with bearish momentum, as sellers maintain control near key support levels. The GEX (Gamma Exposure) insights provide critical levels for options-based decision-making. Technical Analysis 1. Trend Analysis: * TSLA is...
Technical Overview: 1. Price Action: SPY has been consolidating near the $605 zone, with a slight bullish bias as it approaches key resistance levels. 2. Support Zones: * $600 (psychological level and prior support). * $595 (secondary support, aligned with PUT Support). 3. Resistance Levels: * $610 (previous high and close to the second CALL Wall). ...
Chart Insights (Hourly Timeframe): 1. Trend Analysis: * The price shows an upward trend within a rising channel. Support levels align with the lower trendline around $827, while the upper boundary projects resistance near $880–$900. * MACD: A bearish crossover with a declining histogram suggests a possible pullback or consolidation phase. * Stochastic...
Technical Analysis (1-hour Chart) * Trend: JPM has been in a strong ascending channel, with higher highs and higher lows forming a wedge pattern. The price is approaching key resistance levels near $277.50–$280. * Volume: Increased volume supports the upward movement, but overextension signals potential exhaustion. * MACD: Momentum is positive but weakening,...
Technical Analysis: * Trend: The chart indicates META is forming an ascending wedge, signaling potential bullish continuation if the price breaks above the resistance at $720. * Support and Resistance: * Immediate resistance lies at $718.90, which aligns with the highest positive NETGEX level and CALL resistance. * Support is observed at $704.87 and a...