As everyone on Twitter is expecting right now, I believe there will be a strong bounce at the $100 level. Weekly Timeframe: Quadruple Bottom - much like SOXL Massive volume at this level Strong Volume shelf Strong Hidden Bullish Divergence Daily Timeframe: Triple Bottom Strong Bullish Divergence Solid Volume Shelf $100 is a strong psych level ...
TSLA is at a critical point with the volume shelf and other factors that could mean either direction. Bull Case: Retesting Breakout Level Falling Wedge on Daily/65m Bullish Divergence on 65m Some Bollinger Band squeezing on 65m Bear Case: Net Premium flow favors puts heavily Bearish Engulfing Candle on Weekly MACD crossing down on Daily Hidden...
SOXL has reached a major bullish level here, with great possibilities for calls/shares. Chart Event: Quadruple Bottom on Weekly, Double Bottom on Daily Confluence: Rising volume each time price action nears this level Bouncing neatly at weekly 200EMA Strong weekly bullish divergence Strong daily bullish divergence Chip shortage continues to benefit...
Weekly Timeframe: Strong Hidden Bullish Divergence "Batman" Pattern Major volume spike at $100 bottom, aligning with previous support areas Daily Timeframe: Broke out of a Falling Wedge Bounced at an RSI-based supply zone Formed Bull Flag just under supply zone and volume shelf 65m Timeframe: Bull Flag under supply zone Rejected Trendline...
Chart Even t: Bearish Divergences on multiple timeframes. Rising wedge pattern on 65m and lower timeframes. Confluence : Bearish Divergence on 65m timeframe. Hidden Bearish Divergence on daily timeframe. Rising Wedge pattern (bearish) on 65m and lower timeframes. MACD very wide. Volume decreasing. Death Cross moving average event occurred a few days ago. Price...
Chart Event: Wick Rejection of 38.2% Fib Retracement Level Confluence: NVDA is sitting on top of a volume shelf with strong bullish order flow. Strong bullish divergence on lower timeframes. Trade Idea: Above $272 I see continued upside, first target would be 50% fib level at $276.48 and second would be 61.8% fib level at $293. Below $260 I believe we should see...
NFLX 65m chart looking very bearish, following SPY bearish price action nicely. On a break of the uptrend or failing the .382 retracement level, should see a decent pullback. This is to be expected after the nice falling wedge breakout as well. NASDAQ:NFLX
Chart Event: Medium-strong RSI+MACD Divergence on 65m chart. Confluence: 50% Fib retracement key level. MACD narrowing and buy volume decreasing. Trade Idea: Put swings Contract suggestions: Best: 4/01/22 440P @ 5.25 Risky: 3/25/22 441P @ 3.44