NASDAQ:DJT Can runup to 69-71 after the breakout from 34-36 area and 45 next resistance tomorrow quite a possibility AMEX:SPY AMEX:SPY
TSLA Bounced back right at the VWAP to $770 (Big resistance zone) along with favorable mkt conditions It is probably safe >$700 (Psychological level as well) Keep an eye on it moving forward. No long/Short yet
$SHOP Darling of small businesses during Covid Lockdown seen hughs of 1700s now trading at a mere 300 level. It is currently below its IPO VWAP and at a last strong support. Doesn’t mean it can’t break. $250 will be the next . Caution
TSLA Broke the wedge on weekly with very weak action. Sooner it reclaims it inside by the end of the week it would be better. Relatively speaking TSLA is one of the few stocks still way higher than precovid levels. $620 break takes it to $500 in no time ARKK
It has almost become customary for BTCUSD to test 200 WK MA and have capitulation before forming bottom Set your orders layered around $25K and under for bounce to $42K
BABA Such a monster company with huge revenue and sales is getting crushed. It is currently at POC from its IPO days. Example for Throwing Baby Out with the Bathwater Great place to have a starter position
$BTC.X Showed its strength and resilience during the times of war disproving all the doubters (including me at it low of 32K) Now it is nicely getting to the upside. Good signs of bottom and recovery Target-1 $48,000 Target-2 $52,000 Last time it dropped in May 2021 came backup after reclaiming the VWAP to run all the way to 69K. Now it is doing the same thing...
SOLANA is Showing very good relative strength in conjunction with BTC and ETH Once clearing the overhead of 103 will give us quick targets of 111 124 in no time Then with the help of BTC =52K will get to the big target of 141+
From Covid lows to all time highs SPX did not had a major setback like the current drawdown to break 50SMA and 200SMA and still not holding up well. This time when it breaks 4260 it can't be stopped until 4000 where it would fill the gaps from 2021 Until it tests 4000 there is no point to be a hero and buy the dip for any swingtrades unless daytrading
Bitcoin showing resilience to hold 35K inspite of weakness in SPY and QQQ intraday shows strength. Up move to 42K is just a matter of time Short term Targets Target-1 39K Target-2 42K (44K if Shortsqueeze helps) Stop <34K (Not expecting lower wicks)
NVDA is amongst very few stocks who ran continuously UP from covid Lows had a Split and hits almost $350 post split. It is now slowly coming down to earth and filled its first gap Now look for potential turnaround between 220-226 relief rally to $250
PENN went into new highs now back to the Covid lows. IF the current levels doesnt hold at 42 it could very well be slipping down to $32 zone for any reasonable consolidation to happen Lucky if you can have short term bounce if mkt allows to get you an exit
SQ has been neaten down pretty hard from its all time highs along with growth names and bitcoin. It is great place to have a starter position to have a turnaround from here onwards. Matter of WHEN but not IF Buy zone $120-$129 STOP loss $117 Consolidation here for upside move upwards of 150+
$BTC.X Rising from dead now above 50SMA If it can manage to survive the retest at 42K then 45K-47K becomes a magnet Watch for equities to continue going up ⤴️ #cryptocurrencies #bitcoin #cryptotrading
$TWTR has been left out for whatever reason have all the looks that would make a comeback very strong Keeping a close eye with a small position TARGET-1 $42 Target-2 $50 Stop loss 34
SOLANA losing ground constantly and overall equity and crypto market sentiment is not helping its price action now. Watch for it to go to $150 near term Need lot of buy volume to clear it and still very good chance of rejection at $168 IF you already own it just HODL looking to add to you position better wait for break above 166 or below 140 Nearterm Targets...
$MATIC retraces nicely after the second Target Now $2 becomes support moving forward as long as $BTC holds $40K This is the range it was strong in the past and now buyers need to step up to hold it. Once $1.86- $2.00 area is lost for two days in a row please stay away to find the bottom Nearterm Target 2.40 Stop loss $1.80
$DKNG This has been brutal Q4 for all the small caps. This one must have lost all those who couldn't hold by losses. $25 is a great magnetic level to attract new buyers to take it back to $50 via the levels shown Target-1 $30 Target-2 $34.50 Target-3 $43 STOP <24