Greetings All, I'm bullish on TSLA based on weekly, daily, and hourly charts. This analysis focuses on the 2hr chart. My bull thesis for TSLA: Rising price and rising volume indicate bullish price action. Cup pattern forming on the 2h chart. A retracement to the $700 area (forming the handle of the cup pattern) is likely, based on bearish divergence and...
Greetings All, Small inverse H&S formed on the 60min. AAPL broke the neckline (bullish). $150 is the minimum target, based on formation of the HEAD. AAPL must first break resistance of 9EMA ($142), and 20EMA ($148), which are based on daily candles. Happy Trading!
Greetings All, I'm bullish on the NVDA. I focus this analysis on the 2h chart. Bull Thesis: NVDA is currently in the C wave (last wave) of Elliot's ABC corrective zigzag pattern. NVDA has formed a larger falling wedge pattern (bullish) within the ABC corrective pattern. NVDA broke to the upside of this pattern last week. NVDA closed above the 9EMA and...
Greetings All, My bearish thesis for NQ futures this summer: Bearish H&S pattern, with a neckline break (bearish). The market is has retraced to this neckline, which is a classic pullback test. Multiple (7) bearish divergences on the daily bar. Price is well below 200MA. 20MA is resistance for now. Price is rising, volume is falling, indicating...
Greetings, My bearish thesis is depicted within the chart imagery. Target area of support is $200. Happy Trading!
Greetings Investors, I'm BULLISH on NVDA to $200 based on the following: Bullish Factors: 1. Bullish divergences on the weekly, daily, and 4h charts. 2. Bullish sentiment and volume is growing on the 4h chart. 3. $155 area is key area of support, with (4) previous rejections below that price. If NVDA bounces today, it will make the fifth rejection. Target:...
Greetings All, Multiple negative divergences (5) on AAPL 4H chart indicate today's v-shaped recovery may be short-lived. If AAPL does manage to push through $143.64 resistance, target the 38.2%, 50%, and 61.8% levels shown. However, I anticipate a retest of the $132 price area. Volume analysis, script courtesy of @RedKTrader, indicates bearish control of AAPL. ...
Greetings Investors, AAPL is bullish to $200. In the interim, AAPL looks prime to retest support around $170 based on multiple bearish divergences on the 60, 120, 180, and 240 charts. AAPL may even close the $160-165 gap before climbing to $200. I've got my alert set to $165 for entry. Happy Trading!
Greetings Traders and Investors, TSLA looks primed to test $1K again, based on the recent gap fill....key level of support, multiple divergences, and descending wedge pattern (bullish). Happy Trading!
Greetings All, Looking at FB on the weekly charts, I see bullish action. Targets in blue Happy Trading!
Greetings, I anticipate a bullish run to $275 for SQ based on the inverse H&S pattern shown on the daily chart. Happy Trading!
Greetings Investors and Traders, BLUF: AMD likely to retest $120 (ATH) soon, and has formed a bullish flag pattern. In my future updates, I will use text-based ideas to spot patterns and entries/exits. If I want to explain something, I'll use videos. Happy Trading!
Greetings All, This is my first (and likely last) video analyzing a stock. I simply wanted to test the efficacy and efficiency of video streams. BLUF: ROKU is bullish toward a $400 retest, but bearish overall. Happy Trading!
Greetings Investors & Traders, Although, I remain neutral / bearish on TSLA based on my previous idea (see link below), I do like the recent breakout from the ascending pattern and the pullback to this pattern that occurred today. Nonetheless, I’m double-minded on TSLA. Here is my bearish case: Original ABC pattern still plausible on 10D chart. Descending...
Greetings, As a TSLA fan, it pains me to take a SHORT bias on this monster stock. However, after examining the 10D chart, I clearly see an ABC pattern with a target around the $465 area. Note the bearish MACD crossover, which is distinct on the 10D chart. Initially, I was optimistic after spotting the ascending triangle pattern on the daily chart, which is...
Greetings All, Classic bullish flag breakout on HD! Target acquired. Happy Trading!
Greetings All, ROKU broke to the upside from two separate trend resistances and a small period of consolidation. The breakout has strong volume with price above the 20, 50, and 100 MA. I also like the bullish divergences on the OBV, VWMACD, and MFI. Targeting the $440 gap fill, but closely watching the bearish divergence on the MACD. I wonder if we'll experience...
Greetings All, Several bullish divergence indicators on UPST. UPST is consolidating in a demand zone (support), before continuing the trend to the upside. This support zone is also a 61% retracement from its previous high of 201.48. Use the dotted lines for upside targets. The RSI and MACD are both bullish. Happy Trading!