Fundamentally: It appears that the compensation plan has been reapproved by the majority of shareholders according to preliminary vote counts (the 2018 plan was declared invalid by a Biden-appointed judge in Delaware) This means a major uncertainty has been removed and it ensures that Elon Musk will continue to dedicate 110% of his energy to Tesla. ...
📈 TBM Buy Signal Alert on the 2-Hour Chart! My TBM strategy has just identified a compelling Buy Signal, converging insights from both the KDJ and VI indicators. The KDJ, a variant of the Stochastic Oscillator, has signaled a bullish crossoveras well as the Vortex Index (VI) has a bullish signal. This conjunction forms a solid foundation for our Buy...
SUMMARY - Neutral with NASDAQ:TSLA being right at support of ~$160 current weekly chart for TESLA: - June 2022 and Nov 2022 had very similar MACD charts showing 2 very different scenarios (outcomes) - In scenario 2, however, the VORTEX was totally different, very deep in the red - currently, the VORTEX (indicator at the bottom) looks more like scenario 1...
#Nasdaq 100 (US-Tech) looks extremely bearish in the weekly chart. #MACD is crossing down, as it did August 2023, Vortex indicator also is on a decline since January 22, 2024. Fibonacci retracement 0.786 would be -9.31% = 16907 Candle patterns look like December 2022 with a lot of coiling going on but much less volatile as back then.
NASDAQ:INO had a streak of green weeks recently and currently is trading above a significant resistance at $11.96 - MACD weekly just turned positive - Vortex index is positive
Tesla is at an important support level of $160. Currently it is not clear if it will recover or dip down further. Here are 2 scenarios i am preparing for. 1) Bullish a recovery to $225 2( Bearish a further decline to $100 What do you think?
i expect a recovery from NASDAQ:TSLA in the next weeks. But currently MACD, KDJ and Vortex Indicators show oversold levels but no reversal signs yet. Tesla needs to show a structure of reversal first (higher low, higher high) For long-term accuulation this is a good entry level also for dollar cost averaging.
Bitcoin (BTC/UISDT) got a BUY signal from my trading strategy in 4H chart. However MACD in weekly, daily, 8H and 4H crossed down = slowing momentum. Thus i used a Stop Buy at 68444, however the price could fluctuate and even go down further, as it did couple of times in the current bull run before. Stop for me is at $63990.
NASDAQ:SWIN is in a good position to cliose the gap to $29. Reasons: In the last few days it picked up steam. the KDJ / MACD had a recent cross over on the weekly & daily chart the company just recently turned profitable with revenue and net income trading volume increased
based on simple trend and volume as well as KDJ indicator,i see a good chance for further upside, Next resistance +16% above current price ($4.07 -> $4.9)
In the case of Beam Therapeutics ( NASDAQ:BEAM ), the weekly chart displays a promising pattern characterized by a higher low, indicating a potential bottoming process in the stock's price movement. This higher low suggests a reversal of the previous downtrend and potentially signals a shift towards bullish momentum. Moreover, technical analysis of the stock's...
In the weekly chart of Square, a significant pattern known as the Reverse Head & Shoulders has emerged, signaling a potential bullish reversal in the stock's price trajectory. This pattern typically consists of three troughs, with the middle trough (the head) being lower than the surrounding peaks (the shoulders). In the context of Square's chart, this pattern...
The latest analysis of Bitcoin's market trends indicates a notable correction occurring within its overarching bullish trajectory. This correction is notably highlighted by the downward trend observed in the KDJ indicator. Such an indicator often acts as a reliable metric for predicting potential shifts in market sentiment. In this context, the downward movement...
The stock price prediction for GitLab Inc. ( NASDAQ:GTLB ) involves a technical analysis pattern known as the reverse head and shoulders, indicating a potential bullish reversal in the stock's price. This pattern, recognizable by its distinct formation resembling a head with two shoulders on either side, but inverted, suggests that after a period of downward...
MACD is oversold and is curling up. I expect a Gap-Close with ~2.3% potential gain.
Does the S&P500 go up or down? FOR: 2 times bouncing off the resistance line Negative sentiment + economic outlook AGAINST (short-term): Wedge formation that can develop strong dynamics in both directions Multiple breakout attempts 200 EMA has not yet been reached, touch is again imminent Possibility of a reversed head and shoulders formation
After a huge Sell-Off regarding the rumors about a 75 basis points rate hike. I expect a relief rally towards the 50 EMA.
Dow 30 is in a bullish (1h) Trend and is likely to validate the trend with a pull back to 32600 before going up higher.