Here is a the technical analysis on QQQ; Review the chart to project trends using Elliott Wave theory.
🔸️Ticker Symbol: $SHOP timeframe: 15M 🔸️Bearish Pattern 🔸️Investment Strategy: Short TECHNICAL ANALYSIS: SHOP has a beautiful setup for shorts.. I will be looking at playing the 30 Sept 30p strike for about .80. Combining the sell model, trendsi indicators, and order block trading strategy... all indicate a movement; watch for price to come back into the $33...
🔸️Ticker Symbol: $TSLA timeframe: 15M 🔸️Bearish Pattern 🔸️Investment Strategy: Short TECHNICAL ANALYSIS: After poorer then expected CPI data this morning, a sharp decline in the market has led us to believe that there is still some red left in Sept. As we come into Friday; which we have OpEX, stocks are set up to drop even more.. as smart money has been...
ES has tested the high end order block at $3957; what I would think is to stop the sellers out the trade and draw more liquidity to push this thing down. I've been posting on ES a number of times throughout the weekend. I'm going short on ES at $3955.5; with a long goal of swinging this trade to $3853. 🔔 Follow for daily stock, crypto and forex technical...
🔸️Ticker Symbol: $META timeframe: H-1 🔸️Bearish Pattern 🔸️Investment Strategy: Short TECHNICAL ANALYSIS: So I broke META down from 1W, 4H, 1H, 15M, & 5M timeframes... META is at key monthly and weekly S/R; which means price is poised to make a move. Now, I don't have a crystal ball; but there are a few order blocks to the highside/ downside of META's current...
🔸️Ticker Symbol: $BAC timeframe: H-1 🔸️Neutral Pattern 🔸️Investment Strategy: Neutral TECHNICAL ANALYSIS: I think we have a great opportunity to play both sides with BAC; in the short term MM on the Trendsi Dashboard is moving up; indicating that we can more than likely see a push to the upside; which looks even more favorable when we add in our order blocks on...
🔸️Ticker Symbol: $NVDA timeframe: 15M 🔸️Bearish Pattern 🔸️Investment Strategy: Short TECHNICAL ANALYSIS: With the expectation that we will get a bit of a bounce in the markets on Tues, following the end of last week selloff; maybe NVDA will follow suit and find some strength into the higher Order Block around 139.13-139.45. With the bearish sentiment leveraged...
🔸️Ticker Symbol: $ES1 timeframe: H-15 🔸️Bearish Pattern 🔸️Investment Strategy: Short TECHNICAL ANALYSIS: When we combine the power of Trendsi ATS, Dashboard, and Regression Channel with Order Blocks; the writing is on the charts... The S&P breaks below the weekly S/R and we will retest the H1 Order Block at 3853-3854. The $3901 is a key area for the S&P, and with...
🔸️Ticker Symbol: $SPY timeframe: H-1 🔸️Neutral Pattern 🔸️Investment Strategy: Neutral TECHNICAL ANALYSIS: Friday was a wild day; with positive job reports pushing futures positive until mid morning; then the long-weekend selloff picking up right around noon. Although it's difficult to figure out direction with the current price action; and the question is, where...
🔸️Ticker Symbol: $SPY timeframe: 4H 🔸️4X Bull Pattern 🔸️Investment Strategy: Long Events: J. Powell speaks tomorrow morning, and I think market makers know where this is going.. I am also bullish! TECHNICAL ANALYSIS: $SPY has seen a pretty decent uptick over the last few weeks, with healthy pullbacks; but has many thinking... "have we hit bottom??" Who...
🔸️Ticker Symbol: $PTON timeframe: 4H 🔸️2X Bear Pattern 🔸️Investment Strategy: Short Technical Analysis: No surprises with PTON, missed on ER, and had a huge (-18%) drop!! Expect the pullback into 11.15-11.45 and a continuation throughout the next few weeks; I will be picking up ATM options that are 3 weeks out to continue to trade the negative momentum on...
🔸️Ticker Symbol: $DELL timeframe: 4H 🔸️2X Bull Pattern 🔸️Investment Strategy: Short TECHNICAL ANALYSIS: Lets dig into $DELL here a little; It has not been a very good year for most stocks this year, and no exception is made with DELL. We have the Co-COO selling more than $5 million worth of shares last week; and the YTD coming in at a dismal (-15%). Most...
🔸️Ticker Symbol: $AFRM timeframe: 4H 🔸️2X Bull Pattern 🔸️Investment Strategy: Long TECHNICAL ANALYSIS: AFRM is slotted to post earnings heading into tomorrow's after hours, and I think we will get a decent indication of trend and momentum throughout Thursday's trading session. Taking a peak at previous price action, AFRM, has posted positive revenue growth,...
🔸️Ticker Symbol: $DLTR timeframe: 4H 🔸️3X Bull Pattern 🔸️Investment Strategy: Long TECHNICAL ANALYSIS: With $DLTR opening up tomorrow's market with an ER, there may be some positive outlook on the outcome. So far in 2022, $DLTR has been on fire on company operations. The last 3 ER have led to significant jumps on the price action, and top analysis see no...
🔸️Ticker Symbol: $PTON timeframe: 4H 🔸️2X Bear Pattern 🔸️Investment Strategy: Short TECHNICAL ANALYSIS: So many reasons to play it short with $PTON; no one from the company has bought in their own company, at all this year. The last 4 of 5 ER were a loss; regardless of the deal with AMZN, this report (from last quarter) is likely not going to have a great...
🔸️Ticker Symbol: $BIDU timeframe: 4H 🔸️4X Bull Pattern 🔸️Investment Strategy: Long TECHNICAL ANALYSIS: This alert was posted last night.. options ran 90% today!! 🔔 Follow for daily stock, crypto and forex technical analysis . ⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses....
🔸️Ticker Symbol: $BIDU timeframe: 4H 🔸️4X Bull Pattern 🔸️Investment Strategy: Long TECHNICAL ANALYSIS: With Earnings around the corner, $BIDU has shown an impressive rise in price action, regardless what the market is doing writ large. $BIDU is giving us a 4x indicator of a price explosion; money momentum increasing, bounce off the lower regression channel,...
🔸️Ticker Symbol: $FSLR timeframe: 1D 🔸️3X Bear Pattern 🔸️Investment Strategy: Short TECHNICAL ANALYSIS: $FSLR has a great setup; we have a rejected double top, way overextended through our regression channel. Money momentum is flowing out of the market, and we have a key EMA crossover! I will be looking for ATM puts expiring in Sep/ Oct. 🔔 Follow for daily...