Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Nvidia 💪
Looking at the monthly timeframe you can see that after Nvidia retested previous support and the 0.786 fibonacci retracement at the $110 level, there was a solid rally towards the upside.
Looking at the weekly...
In a previous post on NVIDIA following its earnings gap all time high, I posited that a bearish three drives was a real possibility, which would involve the stock actually going down and then driving up a few more times in accordance with the overall market topping:
NVIDIA - A Scenario Few Are Considering. Few. Few. Few.
That never panned out, and instead...
This Apple trendline break is textbook in so many ways. First of all, it's always interesting to see how and when trendlines work. No tools in technical analysis are perfect, and they're often used for probabilities and planning, but when they do work, it's a beautiful thing to watch.
Apple, for example, since the start of the year has followed the trendline...
Weekly bearish engulfing..
In the last 2 years, whenever spy has a weekly bearish engulfing the following week sees a lower lower. So the question is 440 or 444?
The price has formed a falling wedge on the 15 min time frame , same thing with the QQQ.. I wouldn't be surprised if as long as 445.50 holds Monday morning we pop up to test 448.80 or 1hr...
Sometimes you just have to take a break.
Take profit / Support 1 - Around 385-386
Take profit / Support 2 - Around 258-259
Levels by Momentum Wave and Momentum Radar indicators
Sorry for sounding like a bipolar bear. I'm posting based on the data prints i'm seeing which keeps changing every few days.
imgur.com
It's started doing the thing.
TLDR: Basically there's 2-3 more days of cooking left. As long as the blue line continues moving up today and tomorrow, next week we're guaranteed to run 100%.
Waiting for today's and tomorrow's...
Hey guys! Today, we're looking at a Trade Idea in AMD, the popular semiconductor company that often plays second fiddle to Nvidia (NVDA).
Like most of our trade ideas, this post focuses on selling put options - this time, on AMD shares.
In case you're unfamiliar with options -> when you sell a put option, one of two things happens.
Either;
A.) The stock price...
Hi Traders, Investors and Speculators of Charts📈📉
PayPal announced yesterday on August 7, 2023 that it has launched a U.S. dollar stablecoin, called PayPal USD (PYUSD) . PYUSD is fully backed by U.S. dollar deposits and short-term U.S. Treasuries, and is issued by Paxos Trust Company. It is available to PayPal customers in the United States with PayPal...
I have only 1 day's worth of DD on this symbol on my belt so i'd consider this to be more of a gamble than anything.
My data shows a Wykcoff distribution towards the last leg where the distribution would start to move downwards. If it's correct, tomorrow we'll see a really big gapper down on UPST around the $23-$33 range
Honestly i'm really skeptical of this...
I have explained that why market is still deciding its direction.. i heard that there is some news as well. If you are not confident please don't trade
NOTE:DO NOT TRADE OPTIONS
T daily data is conveying massive massive volume. Last trading day volume is above the usual.
Net buy positions have increased +40% from its average numbers -- an indication of a incoming price shift (upside).
The stock is currently sitting below 78.6 FIB LEVEL, a strong major order block support where buyers converge.
This is a discount area. Best spot to...
Tesla is behaving according to the count I have set so far. I expect us to drop lower to at least tag $239 but it isn't required. Structurally we can have a retrace next for iv. After iv will be our last drop, for now at least. As I said in my last post, this could all be part of a main ABC retrace that will take a lot longer to complete. I am hoping this move...
Sunworks suffered a lot already, and the stock almost in the graveyard. I am following it a while, was a nice short on the way down. Finally posted a tiny bit more positive earnings compared to expectation.
Meanwhile a falling wedge formation created. Also moving in a big downward channel. There are two scenarios for counting the waves, one scenario suggests,...
On the above 10-day chart price action has corrected 98% since 2021. Now is an excellent long moment. Why?
1) You know why.
2) Price action, RSI, MFI resistance breakouts.
3) Bullish divergence. Lots of it. 9 oscillators are printing positive divergence with price action.
4) No stock splits.
5) High short interest. A number of hedge funds as well as private...
NKLA showing some signs of support arund 2.22 point. The harmonic here seems to be associated with a bullish pattern at least to the 50% fib of the macro harmonic. This has a price point around 2.85- the bottom of the IM Cloud. NKLA had some bad news come out recently of CEP change, but there may be some small pushes up to test the direction of things. The CEO...
Prepare for big selloff to start around 2:30pm-3:00pm today. Netx stop is 444-447.
Then bounce to 450 w/AAPL/AMZN earnings, but then continue down from there.
Top of this B-wave is forming.
Hello There!
Welcome to my new analysis about the Berkshire Hathaway Stock Fundamental- and Technical Analysis on the Daily Timeframe Perspective. As the Inflation is calming down due to effective reduction of the money supply the Stock Market is showing up with interesting gems right now adding to potential gains as the major Stock Market Indicies continued...
So it's clear our most recent impulse leg is correcting and I'm of the belief this is a (Bullish retracement) - I see multiple Bullish Wave counts in play and currently rate this the most likely scenario, Yes there is a chance we can correct lower to around $220~ levels and still remain very Bullish - It would actually be more Bullish for that to happen because it...
