Be greedy when others are fearful Almost every post in trading view is bearish calling for a market crash which makes me think we hit bottom for now. Also alot of traders think they are a stock guru now drawing lines, random EW counts, boxes to make the chart look pretty,...and worst of all HOPING that whatever they drew out on the chart will play out .... The...
Gotta stop posting on my phone. Sorry the chart image was messed up so I'm posting another one. I'll try to summarize what I posted in the previous one. Basically I see spy going higher. Wars do not crash the market. The market thrives during a war. Too many people are bearish hoping for a crash but I don't see one happening just yet. There's a bearish crab...
Be greedy when others are fearful Almost every post in trading view is bearish which makes me think we hit bottom. Plus since everyone thinks they are a stock guru now predicting crashes... this solidifies my idea more. The market is not that easy to predict... alot of traders are going to get wiped out paying hefty premiums to buy shorts You gotta understand,...
Here is a update to my idea I posted yesterday. What a fun market. Spy was bloody today as high inflation continues to rock the stock market. This is a bear market and I expect every pump to get dumped until we reach my PT of 398.14 There is a GAP that is probably going to be filled since the fib extension lands right in the gap. ! would watch the supply zone...
Spy looks bearish. Spy is trading in a channel. It hit the top of the channel as well as a double top price could not break the .618 retracement level. there is a bearish divergence on the stoch 4hr With a new inflation record and the fed thinking of faster rate hikes this could get nasty tomorrow. i have spy puts puts and more puts Goodluck everyone. Bulls...
TSLA is trading in a Bullish crab pattern forming the last leg down C to D. The market doesn't look good for growth stocks and this trash should fall back to realistic levels which makes this pattern a higher percentage trade. I see TSLA bouncing around 281 which acted as support before stock split announcement and also the .786 retracement level. When price...
Sp500 ended the day continuing to form a bear flag. We are still in a bearish market. I am short term bearish, short term bullish and long term bearish First let me explain why I'm bearish next week then bullish. There are a few reasons why i think the market will drop to around 3829.75 - 4016.75 The moving averages are color coded Blue - Daily 200 MA Purple...
Either tomorrow or Monday, Look for a bounce around 203.83. That should be the floor for now..... The next two weeks looks like we can get a reversal up to around 292 to 320 before the big drop comes. NVDA is a beast company with free cash flow which will do well in this type of market.
Spy reversal trade. Upcoming earnings AAPL TSLA MSFT Trade plan: Buy calls before close if we close above 431.54 confirming the reversal pattern. Sell half position around 457, half at 479.98 and let the rest ride.
This week was a brutal week for traders if you did not hedge your longs. AMEX:SPY is closing the oct 14th 2021 GAP during afterhours as I am typing this up. I expect price to bounce around 436.74 and head up from there. For this trade : -Buy calls when price breaks and closes above 447.87 -Sell some at PT 1 -Sell some or ALL at PT 2 - Remember this might be a...
TSLA broke through 700.63 which was previous resistance and now my new buypoint. If you followed my previous chart (linked below) and bought at 630.69 we had a 15% increase since then! I expect TSLA to go much higher so im holding my longs! I will look for a retest of 700.63 before launching higher. I will add more at 700.63 Cheers!
Tsla is in a ABC Elliott triangle wave and we are approaching the end of wave E. TSLA had a similar elliott triangle wave pattern that started around sept 2020 and ended around mid nov 2020 that took TSLA from 440 to 900. I will be watching my buy points which are 614.19 and 630.69. Wait till TSLA drops to around 630.69. If 630.69 holds and we see volume and a...
Spy can continue running as i expect huge earnings from $TSLA $AAPL $MSFT $GOOG $AMZN $FB Buckle your seat belts its gonna be a wild ride.
NVDA sold off after the split on July 20th but bulls were strong as the price stayed above the 21 ema. As we are approaching oversold levels, I expect a pop next week to test ATH I would wait till we break 198.87 to buy calls and ride the calls to 208.75. If we break with strong volume and close above 208.75 buy calls as the price will gravitate to 213.16 and...
NVDA looks like its about ready to launch to test ATH at 208.75 once we break that level i see 227.04 as the first level i would take profits as that would complete wave 5. i would watch carefully at this point ti see If price breaks 227.04 with strong volume... if it does and things look good, i would enter calls again and ride to 253.87. Enjoy my thoughts!
Looks super bullish. I see NVDA going to 254.05 before a major pullback. This stock is still cheap grab it while you can. With earnings coming up we can rocket high. I am in long NVDA options
NVDA found support at the bottom of the channel and bounced off the .618 fib retracement and is also in a bullish diamond pattern. With earnings on august 18th i can see this moving up to 207 which would be the top of the channel. NVDA has much room to run. Get these shares while they are cheap! i am Long NVDA options