📉 Broadcom Inc. (AVGO) – 15 Min Chart, NASDAQ Here’s a short trade opportunity I’m monitoring: 🔹 Trade Details: - Entry Zone: $228.06 - $231.70 (Fibonacci 1.236 - 1.382 extension) - Stop-Loss: $237.60 - Target 1: $214.85 (0.236 Retracement) - Target 2: $206.21 (0.382 Retracement) - Extended Target: $192.25 (0.618 Retracement) 🔹 Technical Rationale: - Price...
📉 C3.ai, Inc. (AI) – 4H Chart on NYSE Here’s a bearish short trade setup I’m tracking: 🔹 Trade Details: Entry Zone: $41.47 - $43.92 (Key Fibonacci Retracement Zone) Stop-Loss: $45.24 Target 1: $33.35 Target 2: $31.95 🔹 Technical Rationale: - Price completed a 5-wave move up and is now retracing. - Fibonacci 0.618 - 0.886 zone suggests strong resistance. -...
📉 SoundHound AI, Inc. (SOUN) – 1H Chart NASDAQ Here's a short trade setup I’m watching: Entry Zone: $17.64 - $18.41 (Fibonacci Resistance Zone) Stop-Loss: $19.14 Targets: - Target 1: $15.50 - Target 2: $13.60 Trade Rationale: - Potential wave (5) completion based on Elliott Wave structure. - Key Fibonacci levels (1.236 to 1.618) acting as resistance. -...
🔍 Analysis Overview This chart outlines a possible Elliott Wave corrective structure on Grab's daily timeframe. The analysis focuses on the following: Corrective Wave Pattern: - Wave W and X appear complete, with wave Y potentially targeting the Fibonacci retracement zone. Wave Y Target Zone: - Primary target between 4.57 (1.236) and 4.40 (1.382), supported by...
🔍 Analysis Overview This chart showcases a potential Elliott Wave structure on Tesla's daily timeframe. Here's the detailed breakdown: Wave Progression: Wave (1), (2), and (3) completed, with wave (4) anticipated to retrace. Wave (4) Retracement Zone: - Targeting the Fibonacci retracement zone between 0.382 (340.99) and 0.618 (280.16). - This zone aligns with a...
Upstart Holdings (UPST) is forming a potential Wave (4) correction on the daily chart. Here's the breakdown: 1. Support Zone: Watching $60.48-$61.75 (0.618-0.786 Fib retracement) for a possible reversal. 2. Upside Targets: If this zone holds, Wave (5) targets are $95.49 and $115.86. 3. Stop-loss: Set at $58.00 to minimize downside risk. This setup offers a...
Marathon Digital Holdings (MARA) is showing a potential Wave (4) correction setup on the daily chart. Here's the plan: Correction Zone: Watching the $18.91-$21.46 area (Fib 1.236-1.382) for a potential reversal. Upside Targets: If support holds, Wave (5) targets are $28.17 and $34.46. Stop-loss: Placed at $17.63 to limit downside risk. A clean structure...
Palantir Technologies (PLTR) is showing signs of completing Wave (3) on the daily timeframe. Here's the setup: 1. Correction Zone: Expecting a Wave (4) retracement into the $56-$62 range (0.382 Fib level). 2. Upside Targets: If the correction holds, Wave (5) targets are $96 and $106 (Fib extensions). 3. Risk Management: Stop-loss placed at $46.40 to manage...
This post analyzes NVIDIA Corporation (NVDA) using Elliott Wave principles on the 4-hour chart. Key highlights include: 1. A corrective ABC pattern nearing completion, with Wave (4) projected in the blue target zone between $117.21 (1.382 Fib extension) and $125.36 (Wave 1 level). 2. Potential bullish reversal expected within this zone, aligning with a...