MrStockWhale

MrStockWhale

🚨 Disclaimer: This analysis is for educational purposes only and is not financial advice. Always conduct your own due diligence before making trading or investment decisions. Key Highlights: Elliott Wave Structure: - Apple showcases a bullish Elliott Wave sequence on the weekly chart. - Cycle Wave I has completed, followed by a corrective Cycle Wave II (a W-X-Y...

MrStockWhale

🚨 Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always do your own research before making trading or investment decisions. Key Highlights: Elliott Wave Structure: -The chart showcases a clear Elliott Wave progression, indicating a completed Cycle Wave III and the current progression into Cycle Wave IV...

MrStockWhale

Hi Traders! 👋 Let’s take a closer look at Broadcom Inc. (NASDAQ: AVGO) on the 15-minute timeframe. The chart showcases a compelling Elliott Wave structure, coupled with key Fibonacci retracement and extension levels to guide potential trade opportunities. Elliott Wave Analysis: - Wave (1)-(5): A completed impulsive structure followed by a corrective ABC wave...

MrStockWhale

Hi Traders! 👋 Today’s analysis focuses on Apple Inc. (NASDAQ: AAPL) using Elliott Wave principles on the 15-minute timeframe. The chart illustrates a potential corrective structure unfolding after a sharp decline. Let’s break down the details: Elliott Wave Count: - Impulse Wave (1-5): The initial drop is identified as a completed 5-wave structure. - Corrective...

MrStockWhale

Hello Traders! 👋 Today, we’re analyzing Target Corporation (NYSE: TGT) on the weekly timeframe. Using Elliott Wave theory, the chart outlines a potential roadmap for price movements, supported by Fibonacci retracements. Let's dive into the key observations: Wave Count Analysis: The chart appears to be completing a corrective ABC structure, with the current...

MrStockWhale

🖥️ Microsoft Corp. (MSFT) - 15-Minute Chart 🚀 Trade Setup: - Potential Reversal Zone (PRZ): Watching for a bullish reaction near the current support at $428.00 - $426.26. - Entry Plan: Waiting for confirmation of a bounce from the support zone. Targets: - Target 1: $432.92 - Target 2: $435.83 - Stop-Loss: Below $426.26 to protect capital. 📈 Key...

MrStockWhale

Timeframe: 15-Minutes Ticker: NASDAQ:TSLA Trade Type: Short Setup Details: - Entry: $464.87 - Stop-Loss: $470.50 - Target 1: $457.32 - Target 2: $447.27 Rationale: - Wave Count: Appears to be completing an extended fifth wave in a corrective structure. - Resistance Zone: Strong supply near $464.87-$470.50 (highlighted in yellow box). - Risk-Reward: Favorable...

MrStockWhale

In this analysis of QQQ, we observe a potential bearish correction in progress after completing an impulsive move to the downside. The setup aligns with Elliott Wave Theory, highlighting a corrective ABC structure forming. Key Levels: Short Zone: 533.01 - 535.54 Stop-Loss: 536.45 (above key Fibonacci extension at 1.618) Target 1: 524.27 (Fibonacci retracement...

MrStockWhale

🚀 All Hail SCHD - The Dividend Fan Favorite! 🔥 Ticker: Schwab U.S. Dividend Equity ETF ( AMEX:SCHD ) Timeframe: Daily Chart Why You Can't Ignore SCHD: SCHD is the GOAT of dividend ETFs. With its strong track record of outperforming, stable cash flows, and juicy dividend yield, this ETF is a must-have for dividend enthusiasts. 🤑 The Setup: Support Bounce: We're...

MrStockWhale

📈 Day-Trade Setup: - Entry: $434 - Stop-Loss: $432 (tight risk management) - Target 1: $439 - Target 2: $445 Rationale: Microsoft is showing signs of a potential reversal after hitting key support levels around $432-$434. This level aligns with prior demand zones, and a recovery is anticipated based on Elliott Wave projections and Fibonacci retracements. -...

MrStockWhale

Ticker: SCHG (Schwab U.S. Large-Cap Growth ETF) Timeframe: 1M (Monthly) Analysis SCIG, a growth-focused ETF, has exhibited remarkable resilience and growth potential over the years. Here's a breakdown using Elliott Wave Theory: - Wave (1): Initial bull run fueled by strong tech and large-cap growth sectors. - Wave (2): Corrective phase due to market...

MrStockWhale

Ticker: SCHD (Schwab U.S. Dividend Equity ETF) Timeframe: 1M (Monthly) Analysis: SCHD has consistently shown strong performance since its inception, benefiting from a diversified portfolio of dividend-paying stocks. The chart highlights a classic Elliott Wave structure: Wave (1): Initial growth phase after inception. Wave (2): Consolidation during the 2015-2016...

MrStockWhale

Timeframe: 1H Setup: Elliott Wave Projection + Strong Fundamentals About Palantir ( PLTR ): - Industry: Data Analytics and Artificial Intelligence (AI) - Core Business: Palantir builds software platforms for data integration and analysis, primarily serving government agencies and large enterprises. - Flagship Products: Foundry (commercial data platform) and...

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MrStockWhale

📉 Overview: The S&P 500 (SPY) is signaling a bearish reversal with technical and momentum indicators aligning for a potential decline. A completed 5th wave top, coupled with a breakdown from the bearish wedge, hints at deeper corrections in the coming sessions. 📊 Technical Analysis: Elliott Wave Count: SPY has likely completed its 5th wave top, marking the end...

MrStockWhale

📉 Overview: QQQ, which tracks the Nasdaq-100, is showing signs of exhaustion at the $535.55 resistance zone. A corrective pullback is anticipated as the ETF completes its 5th wave, aligning with overbought conditions and broader macroeconomic headwinds. 📊 Technical Analysis: Resistance Zone: - Key Levels: $527.78–$535.55 (88% Fibonacci retracement). This zone...

MrStockWhale

Overview: VTI is currently facing resistance at the $301.85 level, where bulls need a breakout to reverse the bearish momentum. However, the recent price action suggests a potential continuation of the bearish wave structure, aligning with broader market uncertainties. 📊 Technical Analysis: Key Resistance Zone: The resistance zone at $301.21–$301.85 is derived...

MrStockWhale

Overview: This analysis on VOO highlights a possible short opportunity as it completes a corrective wave structure. Utilizing Elliott Wave Theory and Fibonacci retracement, we anticipate a reversal within the resistance zone leading to further downside continuation. 📊 Technical Analysis: Elliott Wave Structure: - Wave W: Completed with a significant drop,...

MrStockWhale

Overview: The SPY (S&P 500 ETF) shows a potential short opportunity, leveraging a confluence of Elliott Wave and Fibonacci resistance. This setup aligns with a bearish corrective pattern, presenting a chance to capture downside momentum amidst macroeconomic uncertainties. 📊 Technical Analysis: Elliott Wave Structure: Wave W completed with a sharp decline,...