It is consolidating above key level (aka Alchemy Level). My first target is 0.38+ based on measured move.
After the beautiful breakout earlier this month and the recent backtest of the range, I have set my sights on a target of 0.25. If we manage to surpass this level, we could potentially reach 0.41. As a huge fan of Elon Musk and his support for BINANCE:DOGEUSD , I would love to see it go even higher than our current target. For now, let's focus on taking it one...
Apple’s stock ( NASDAQ:AAPL ) is currently trading within a specific range and has the potential to form a double top pattern. Although my bias is towards a downward trend, I advise against entering any trade until the stock breaks outside of the range or the valley of the double top pattern at 167.50. If it breaks out of the range, the potential target is at...
TSLQ is an ETF that bets against Tesla ( NASDAQ:TSLA ) and has been trading within a certain range for nearly 10 months. It is worth keeping an eye on this ETF as it may potentially break out to the upside. Although I have invested in NASDAQ:TSLA shares, I would use NASDAQ:TSLQ as a hedge for my long-term portfolio. The pivot point outside of the range is...
Exxon is currently one of the largest positions in my portfolio. My price target for this stock is 262, but I am also keeping a stop loss at 80. The stock has been consolidating since 2006, but it appears to be breaking out now. In my opinion, this is just the beginning of a potentially lucrative trend.
This ticker popped up on my screener set based on strength. As long this break outside of the box, I am targeting $195 (1st target), $217 (2nd Target) I am keeping the stop loss @ today's low. Noticeable pattern: rectangle
ABOUT NASDAQ:BIDU Baidu is a Chinese multinational technology company specializing in internet-related services and artificial intelligence. It was founded in January 2000 by Robin Li and Eric Xu and is headquartered in Beijing, China. Baidu is often referred to as "China's Google" because, like Google, it started as a search engine. However, it has since...
$TSLA is approaching the previous neckline. I want to enter a short position via $TSLQ as it moves closer to the $190-192 range.
$ES1! The wide range made it difficult for most to determine if we were bullish or bearish. Therefore, I am keeping this trade simple and plan to trade the reversion using the descending channel as my stop loss. Stop - closed outside of the channel. Target - bottom of the channel.
$PINS Sympathy play off $META As long this is trading above the horizontal level, I am targeting $45 as an initial target.
This ticker popped up on my screener set based on strength. As long price is above the downtrend formed with symmetrical triangle, target is $300. Noticeable pattern: symmetrical tri
$AXP This ticker popped up on my screener set based on strength. As long price is above the swing high point created by the first low in a double bottom, target is $211. No trade at the moment as I wait for potential pullback to 165/166 zone. Noticeable pattern: double bottom
$NVDA This ticker popped up on my screener set based on strength. As long this is trading outside/ above the range, I am targeting $275 as an initial target. I am keeping the stop loss tight below the 192.75 pivot high zone (neckline) Noticeable pattern: inverse head/ shoulder
More information to be provided in future comments. I want to post this before closing. Average: $12.00
I am looking for a potential break of the downtrend line. I am a bit early into this trade without waiting for proper confirmation (shame on me), so I must watch this closely and monitor for the potential downside. I am looking to see a retest of the previous pivot high, which coincides with Alchemy Level. Above that, I am predicting a nice squeeze to the first target.
$TEAM This ticker popped up on my screener set based on strength. As long this is trading outside/ above the range, I am targeting $190 as an initial target. I am keeping the stop loss tight below the 157.73 pivot high zone.
$BIDU This ticker popped up on my screener set based on strength. I am waiting for the break of the downtrend before entering. Target price is 294/295 Latest News: "Chinese Search Giant Baidu to Launch ChatGPT-Style Bot" www.bloomberg.com
Setting this up in preparation for potential short below the 280 level, with a target at 1 to 1.272 extension.