ZM Zoom Video Communications Options Ahead of Earnings If you haven`t sold ZM before the previous earnings:
Then analyzing the options chain and the chart patterns of ZM Zoom Video Communications prior to the earnings report this week,
I would consider purchasing the 61usd strike price in the money Calls with
an expiration date of 2024-3-1,
for a premium of approximately $3.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Buy-sell
MARA Marathon Digital Holdings Options Ahead of EarningsIf you haven`t bought the dip on MARA:
Then analyzing the options chain and the chart patterns of MARA Marathon Digital Holdings prior to the earnings report this week,
I would consider purchasing the 26usd strike price Puts with
an expiration date of 2024-6-21,
for a premium of approximately $7.75.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
As you can see in the chart, I'm bearish short-term but bullish by the end of the year.
Buffett Trims Position in AAPL ! The End of the Apple Car Dream In the wake of Apple Inc.'s recent fiscal first-quarter results, a concerning narrative unfolds as the tech giant faces significant challenges.
Sales in China plummeted by 13%, amounting to $20.8 billion in the quarter ending December 30. This stark decline not only fell short of analysts' expectations, who had predicted $23.5 billion, but also marked Apple's weakest December quarter performance in the Asian nation since the beginning of 2020.
The downward trajectory doesn't seem to stop there. In a notable move, Goldman Sachs has removed Apple stock from its 'U.S. Conviction List,' casting doubt on the company's short-term prospects. This decision by one of the world's leading investment banks signals a loss of confidence in Apple's ability to outperform in the market.
Adding to the turbulence is the breaking news that Apple is winding down its ambitious electric car plans, ending a decade-long venture. According to reports from Bloomberg, the company is set to cut some employees associated with the Apple car project, with many expected to transition to focus on artificial intelligence (AI) initiatives. This strategic shift raises questions about Apple's ability to stay competitive in the rapidly evolving tech landscape, especially given the intensifying competition in the AI sector.
Adding to the mounting concerns surrounding Apple Inc. (AAPL), Berkshire Hathaway, led by legendary investor Warren Buffett, made a notable move in its latest 13F filing. Dated February 14 and covering the period ending December 31, 2023, the report reveals a strategic decision by Berkshire Hathaway to sell approximately 10 million shares of Apple.
My Price Target for AAPL is $168 by mid 2024.
GOOGL Too Woke to Enter the AI Race Yet !!If you haven`t bought the dip on GOOGL:
Then you should know the recent controversy surrounding Google's Gemini AI was sparked by a viral post revealing an image generated by the tool. This image depicted the U.S. Founding Fathers, inaccurately featuring a black man.
The incident raised concerns about the AI's historical accuracy, prompting discussions about the precision and reliability of Google's Gemini AI image generator.
Gemini faced criticism for producing images of German soldiers from World War Two that deviated from historical accuracy by featuring a black man and an Asian woman.
The AI stated that there was "no right or wrong answer" when comparing Elon Musk posting memes to the actions of historical figures like Hitler.
Gemini firmly rejected the idea of misgendering a high-profile trans woman, Caitlin Jenner, even in a hypothetical scenario involving a nuclear apocalypse.
These instances of over-politicized responses have raised questions about the nuanced understanding of ethical dilemmas within the AI system.
The controversy surrounding Gemini prompted Google to promptly pause the tool and issue an apology, acknowledging that improvements were needed to align the tool with ethical standards.
I expect to see some significant resignations at Google soon!
My price target for GOOGL for the next 2 months is $130.
S SentinelOne Options Ahead of EarningsIf you haven`t bought S prior to the previous earnings:
Then analyzing the options chain and the chart patterns of S SentinelOne prior to the earnings report this week,
I would consider purchasing the 35usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $3.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NVDA Nvidia Buy the Dip OpportunityNVDA and MSFT stood out as my top picks for 2023!
On the chart, you'll find some of my past buy recommendations, such as this one before the earnings:
In my view, the current retracement presents a favorable 'buy the dip' opportunity.
Utilizing the Fibonacci retracement tool, I've identified a buy zone between the 0.618 level and 0.5, ranging from $785 to $821.
My year-end price target is set at $1100!
Most likely, we'll see a stock split soon, a move that is statistically considered bullish!
ORCL Oracle Corporation Options Ahead of EarningsIf you haven`t bought ORCL prior to the previous earnings:
Then analyzing the options chain and the chart patterns of ORCL Oracle Corporation prior to the earnings report this week,
I would consider purchasing the 110usd strike price Puts with
an expiration date of 2024-4-19,
for a premium of approximately $4.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
SPY S&P 500 ETF Potential Retracement ! If you haven`t sold AAPL after after Buffett trimmed his position in it:
Then you need to know that at 12.90%, Apple is the Nasdaq Composite's largest stock by weighting, followed closely by Microsoft at 12.14%.
Even though Apple has diversified its product line with Watch, AirPods, and services, the iPhone is still responsible for 52% of its revenue.
Today, we found out that APPLE'S CHINA IPHONE SALES TUMBLE 24%, LOSING OUT TO HUAWEI.
A downturn in AAPL could have a cascading effect on the overall market!
YFI - Good time to enter for long term TradeBINANCE:YFIUSDT (1W CHART) Technical Analysis Update
YFI is currently trading at $9430 and showing overall bullish sentiment
YFI had a decent move in the recent weeks, if such trends continues then we can expect the price to breakout from the resistance line and head towards the next resistance.
Currently i'm seeing a good opportunity to enter for long term holding(preferably in spot market )
Entry level: $ 9952 (candle close above this)
Stop Loss Level: $ Below 8263
TakeProfit 1: $ 11523
TakeProfit 2: $ 14027
TakeProfit 3: $ 18407
TakeProfit 4: $ 24901
TakeProfit 5: 32500
TakeProfit 6: 3955
Max Leverage: 2x (or buy on Spot market)
Don't forget to keep stop loss.
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Cheers
GreenCrypto
PEPE Potential Correction SoonIf you haven't entered PEPE in the buy area:
Now, at an RSI exceeding 93, it seems we are currently in a massive bubble.
The previous corrections following an RSI surpassing 76 were significant, as you can see in the chart!
Taking into account the Fibonacci retracement tool, my anticipated price target is $0.00000243, corresponding to the 0.618 level
EURJPY SELL BIASWeekly: Bullish, Retested unmitigated ob 163.150-750, Week closed above recent high, price is 300 pips above last major support and 120 pips from next major resistance.
Daily: Bullish, Rejection from major resistance the day before market close, Price is on a 100 pip bullish run breaking major zone without a valid pullback.
4hr: Consolidation, Double top pattern near major resistance, Strong
bullish trendline, Support that haven't been tested at 162.375.
1hr: Consolidation, In a zone formed after rejection of major resistance, Bearish choch, Recent rejection from bottom of consolidation zone, Unmitigated ob at 163.100 at the top of the zone, Unmitigated ob at 162.100, Rejection from .618 fib retracement.
15m: Consolidation, Currently under 50 ema, Bullish choch formed before market close, Rejection of minor resistance at 162.875, Bearish flag pattern Double top pattern, Unmitigated ob at 163.100, Unmitigated ob at 162.500.
I believe the bull run is about to reverse to the downside for a pullback to the last daily support at 161.925. i would like to see price exit and break and retest the last major 4hr support before entering a trade to and we can start aiming for the liquidity made from a break of the 4hr trendline.
ETH Ethereum medium term Price TargetIf you haven`t bought ETH before the rally:
Then in alignment with the analysis derived from the Elliott Waves chart pattern, Ethereum is signaling a potential retracement, with one of the legs down anticipated around $2,700.
This correction is depicted in the chart pattern, suggesting a short-term bearish sentiment. However, in the broader market context, there's a noteworthy surge in optimistic calls for tech companies leading up to June 21 OPEX.
This surge might coincide with potential positive market catalysts, such as the prospect of an interest rate cut.
If Ethereum mirrors the trajectory of traditional market movements, there could be a renewed positive sentiment. In light of these factors, I speculate that Ethereum has the potential to experience an upside, reaching around $3,350 by mid-2024.
DYDX offers an impressive profit potential of +850%The BINANCE:DYDXUSDT pair is exhibiting a notable resurgence from its support zone, indicating a prevailing bullish sentiment. While a minor correction remains a possibility, its likelihood appears diminished. Nevertheless, it's prudent to maintain a Dollar-Cost Averaging (DCA) strategy, with a focus on a threshold of 2.0 in the event of a price reversal.
Should the current upward trajectory persist, the forthcoming resistance level is approximately $5.00.
Entry Price: Presently hovering around $2.79, with additional DCA consideration at $2.00.
Targets:
1. $3.50
2. $4.45
3. $8.56
4. $11.87
5. $14.76
6. $26.68
Stop Loss: $1.76
This trade presents a favorable opportunity, boasting significant profit potential.
Best regards,
GBPAUD BUY BIASWeekly: Bearish, Rejection from major weekly resistance 198.550, Failed retest of Head and shoulders pattern price closed above the right shoulder, recently mitigated ob 1.98550, Made a Double bottom pattern at daily supply zone 1.86550, Unmitigated ob at 1.87625, Bearish rejection candle at daily resistance 1.94750, Bullish choch
Daily: Consolidation, Inverse Head and shoulders, 2 bar rejection at major resistance 1.94750, Has not retested major support 190.325 after break, Bullish choch, Double bottom pattern, Retested resistance 1.93250
4hr: Consolidation, In a minor uptrend after making a rejection can of the bottom 4hr zone, Break of bearish trendline to the upside, Has not retested .618 of fakeout that resulted to a downward movement, rejection of the 4hr resistance 1.93275.
1hr: Bullish, Liquidity is located above the 4hr resistance of 1.93275, Price is respecting a bullish trendline, Unmitigated 1hr ob, Price faded out and reversed after reaching bottom 4hr zone.
15m: Bullish, Bullish structure is being formed, Failed to make a higherhigh at 4hr resistance 1.93275, Ascending triangle pattern
I believe price is going to retest the 1hr ob fake out the market and continue the upward movement towards the Top 4hr zone to grab liquidity and retest the .618 level if its able to break 1.93275.
STG - PUMP or DUMP - We are ready with our entries 👻#STG/USDT Analysis
Description
- STG has formed a nice descending triangle and currently in decision phase of whether this will breakout upwards or downwards.
- No matter in which direction the price breaks the triangle I see a good trade opportunity.
- If the price breaks above the resistance line then we can enter a LONG trade around 0.6593
- If the price breaks below the support line then we can enter a SHORT position around 0.6200
LONG Entry: 0.6593 | StopLoss: 0.6200 | Target 1:0.6807 , Target 2: 0.7197
SHORT Entry: 0.6200 | StopLoss: 0.6593 | Target 1: 0.6015, Target 2: 0.5660
Timeframe: 4H
Capital: 1-2% of trading capital
Leverage: 5-20x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
GTAI The Rise of the AI Cryptocurrencies !If you haven`t bought AGIX before the explosion:
Then I might have found another gem for you!
There is a recently launched cryptocurrency called GT Protocol, ticker GTAI, with a small market capitalization of $31 million and a circulating supply. It is a Web3 AI execution technology that provides access to CeFi, DeFi, and NFT crypto markets through an all-in-one conversational AI interface.
Although investing in a new coin related to AI could ride the wave of speculative investments, it is also risky to buy a newly launched cryptocurrency!
GBP/AUD Trade Idea 2/24/2024We have 2 trade ideas for the upcoming trading week
Short trade: broken trendline and retested with a bullish candlestick closing on the trendline with a following bearish candle stick closing.
next clear support area should get tapped which i boxed up.
great risk to reward setup
Buy trade: If we break above the boxed zone where it broken the trend line and retested then we will look for buys.
Great risk to reward as well as the market should pull up 100+ pips on both buys and shorts.
i am personally looking for this Short all the way down to the support line i have placed.
TSI Market Timer V4.0TSI Market Timer Version 4.0
This indicator is probably one of the best, if not the best indicator out there on the market today. A bold claim. I say that because this indicator has been 10 years, at least, in the making.
I started using TradingView in 2015 when it was $5 to use. It was wonderful. And you could make your own indicators. I would copy and reuse many of the indicators I found.
This tinkering with indicators and theories would last until the present day. I find the market is interesting and there are many new things to learn and so you can make nearly endless indicators.
About This Indicator:
The TSI Market Timer Version 4.0. First, a little theory. I have found that, in practice, if you take any price or indicator (like Acc/Dist) or VIX or even ratio charts like (HIGN/LOWN , a new highs new lows ratio) and you apply the True Strength Indicator (TSI)... that you can plot everything on one charting window. I have extensively tested this out over the years.
There is a concept in math and statistics called standardization. One common way this is used in trading is the z-score. You may have heard of the Altman Z-score.
In this indicator, I have combined several useful signals into one indicator. These are plotted on an auto-scaled plot with a zero line.
Here is an explanation of the lines and their colors.
- White lines : These are TSI price lines using two variations in the calculations. One is done using a SMA or simple moving average, the other is done using an exponential moving average. I have even used the weighted moving average. However, I find the SMA/EMA to be the most "error free" version.
If the EMA white line (price) is above the SMA white line, then it is bullish because the most recent price changes are given more weighting with the EMA version. Thus, if EMA white line > SMA white line then it will fill green and if it is less than the SMA version, it will fill with red color.
- Lime Green fill : The lime green color on the EMA/SMA white line combo means a new high was touched. This is very useful if you are a William O'Neal Swing Trader as I am. Dr. Wish speaks of the Green Line Breaks which represent new highs and their importance. See www.wishingwealthblog.com
- Orange/Gold Line : The Orange Line is the TSI calculation of the DXY (or US Dollar Index). This is something that I noticed that no one else talks about.
The US Dollar Index used on the TSI chart is really useful since it moves in direct opposition to the price of many indices.
My theory on this is due to the fact that the US Dollar is the "other side of the trade". Thus, if you buy several billion dollars worth of a stock, the US Dollar Index goes down and when you sell the shares back, the US Dollar Index goes back up.
Thus, it is tied into borrowing, leverage, borrowing costs, interest rates and similar things.
It has a similar relationship to stocks as oil does to airlines. When USOIL is up, AAL or DAL stocks are often down.
The leveraging of stock purchases explains why the stock market and the US Dollar work in contrarian directions.
I don't know why others have not seen this. It is probably due to the fact that the DXY is a big number and the changes are small and thus it has scaling issues with other forms of analysis. In other words, if you try to evaluate it in other ways, it does not scale on the charting and thus, traders/analysts would dismiss it.
Purple Lines : Comparison Indexes
Dark Purple Line: TSI Comparison line. Default is VIX line. The Vix Index with the TSI calculation applied.
Light purple/ lavendar line: This is an index such as the QQQ, which is used as the default.
Both of the purple lines are customizable.
Centerline: Accumulation-Distribution (mini):
Lastly, we have the centerline which is a smaller version of the light blue line; the Accumulation/Distribution Line. In this case, I wanted to show it as a kind of "money flow". This is a mini-version of the AD line. You can adjust the size using the zoom % on the indicator settings tab. The default is zoomed out 10%.
In addition, you can toggle the red/green fills of the stock/DXY lines and the stock/index lines.
Cheers!
BINANCE:SC/USDT - Channel Breakout | LONG Opportunity---------------------------------------------------------------
Description
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+ A Channel formed after sudden crash
+ Price is consolidating in this range.
+ Since overall market is bullish, expect price to breakout upward
+ A LONG opportunity we have for high risk trade.
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VectorAlgo Trade Details
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Entry Price: 0.008655 - 0.008734
Stop Loss: 0.008095
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Targets 1: 0.009228
Targets 2: 0.009770
Targets 3: 0.010431
Targets 4: 0.011267
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Timeframe:
Capital: 1-2% of trading capital
Leverage: 5-10x
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Note: Don't forget to keep the stop-loss.
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Agree or Disagree with the ideas ? lets discuss in the comments.
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Regards
VectorAlgo