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Christmasrally

SMCI: Stock Split with Chart UpdateSMCI had a stock split, so I have to update this chart. Light Fundamental: It is a stock called SMCI (or Super Mico Computer). It is a US company that makes super powerful computers and servers. The world needs servers to help run things like big websites, apps, and AI. The stock price fell by half. So, it is selling at a discount for what it is really worth. So, it is a good chance to buy it. Technicals: Gartley-like pattern diagonal support engulfing bullish pattern with d3 volume and volume confirmation a-b-c completion at a 78.2% fib pullback Entry is above the weekly engulfing bullish candle at 475.44. Target is, tentatively, 1500. Note: preparing for either an election rally or a Christmas rally in stocks
NASDAQ:SMCILong
by Rocketman
SMCI Bottom and Christmas Rally To ComeLight Fundamental: It is a stock called SMCI (or Super Mico Computer). It is a US company that makes super powerful computers and servers. The world needs servers to help run things like big websites, apps, and AI. The stock price fell by half. So, it is selling at a discount for what it is really worth. So, it is a good chance to buy it. Technicals: Gartley-like pattern diagonal support engulfing bullish pattern with d3 volume and volume confirmation a-b-c completion at a 78.2% fib pullback Entry is above the weekly engulfing bullish candle at 475.44. Target is, tentatively, 1500. Note: preparing for either an election rally or a Christmas rally in stocks
NASDAQ:SMCILong
by Rocketman
XRP to breakout to 0.87 for XMAS 12.25.2023 XRP/usdNot sure why there is such low volume on CRYPTOCAP:XRP but the sentiment is still the same IMO. The Crypto winter is HERE I think XRP is potentially being manipulated by the alphabet boys SEC. CRYPTOCAP:BTC is in an upward channel to test 50K CRYPTOCAP:ETH has broken out to test 2500 Why is CRYPTOCAP:XRP so stagnant??? We have taken out the sub .60 lows, and tested .70 2x in NOV The confluences are aligning and its only a matter of time before the impulsive bull run. .81-.87 is the target which is is 1:5 Risk:Reward ratio as posted. LOAD THE BUS we going NORTH! *This is not Financial advice, simply my own analysis and opinion DYR* #XRPtotheMOON
BITSTAMP:XRPUSDLong
by chestephens1
5
Bitcoin Bulls Charge Ahead: Whales Bet Big as 50K Looms—A Quick Analysis for a Memorable Christmas Rally In the fast-paced world of cryptocurrency, breaking news often arrives quicker than the giant whales themselves. As the year draws to a close, all eyes are on Bitcoin's soaring trajectory, with a tantalizing 50K milestone seemingly within reach. A swift analysis, guided by professional trader insights, unveils a compelling narrative for a Christmas rally that could make this the most memorable festive season of the new decade. Recent Bitcoin options data has sent shockwaves through the market, revealing that whales—the significant players with deep pockets—are placing hefty bets on a 50K BTC surge. The strategic positioning of these market behemoths has set the stage for a potential bull run that could materialize by the 26th to 27th of December, creating a buzz of excitement and anticipation. Professional traders , armed with their arsenal of technical analysis, are pointing to key indicators that suggest a substantial upward move for Bitcoin. The market sentiment is buoyed by the prospect of institutional investors and whales influencing the price action, providing a robust foundation for the projected surge. The options market , as detailed in a recent report by CoinTelegraph, acts as a barometer for these whale-sized bets. The strategic use of call options—financial instruments that give holders the right to buy an asset at a predetermined price—indicates a bullish outlook among these influential market players. This calculated move, coupled with the historical significance of the 50K threshold, adds weight to the analysis. Bitcoin enthusiasts and investors alike are eagerly anticipating what could be a historic Christmas for the cryptocurrency market. If the projections hold true, witnessing Bitcoin reach the 50K mark would not only mark a milestone for the leading digital asset but also create lasting memories for enthusiasts, traders, and investors as they toast to the end of the year and the beginning of a new era in the crypto space. In conclusion, the confluence of strategic whale maneuvers, professional trader analyses, and the impending holiday season paints a compelling picture of a Bitcoin rally to 50K by the 26th to 27th of December. As the crypto community braces for a potentially historic moment, the news of this impending surge may have arrived quicker than the whales themselves, setting the stage for a Christmas celebration that will be etched into the annals of cryptocurrency history.
COINBASE:BTCUSDLong
by wikitrades
1
Black Friday Buzz for AMZNThe Giant of e-commerce and AWS for small businesses, which now has AI integrated, is moving up in anticipation of a strong Black Friday for $NASDAQ:AMZN. The new CEO who took over form Jeff Bezos is doing a good job. As the CEO of the AWS division, he did an amazing job building that division of AMZN. Outstanding CEOs make a company great. CEOs are more important than most investors realize. Weekly Chart shows that AMZN is about 40 points from its all-time high, so plenty of opportunity for it to move up further from here. The Blue lines indicate levels where Dark Pool buy zones and Pro traders moved in most heavily. These are now strong support levels for the stock.
NASDAQ:AMZNLong
by MarthaStokesCMT-TechniTrader
Right Inverted ShoulderH&S Inverted Pattern plays out. rejected 4100. This intense two day selling move looks and feels impulsive. Still could play out as an ABC but in this bear all the downs have been impulsive 5-waves. Being long is hi-risk imo. So this is just Wave 1. A bull trap is coming for a day or two. FOMC likely trigger for the 3rd Wave, final target 3660. After TL break, retrace up wave after first move down is typically a 0.62 retracement, could pivot sooner at .382 or 0.50. IMO The Grinch will be running holidays and Santa will come late to this party, or not at all. Don't count on seasonality. Top is in IMO. Look at Dec 2018. Get it? Good. Coal in all your stockings! GLTA
TVC:SPXShort
by DaddySawbucks
27
New SPY Cycle Patterns Headed Into Christmas 2022Pay attention to the very real possibility that the current GAP will be filled early this week as price attempts to find a base/bottom after last week's selling. I expect moderate volatility and a change of trend as we move closer to Christmas. Initially, we'll see some moderate downward price pressure, then we'll see a shift upward near the end of this week. 12/18/2022 Inside-Breakaway 12/19/2022 POP 12/20/2022 12/21/2022 Top/Resistance 12/22/2022 Flat-Down 12/23/2022 MntmRally-012 12/24/2022 GapUp-Lower Remember, stay protected and stay safe as volatility may be excessive over the next few weeks. 2023 looks very interesting. Follow my research to learn more.
AMEX:SPYLong
by BradMatheny
A Santa Claus Rally for the JSE in 2022? What is expected from a Santa Claus Rally? The Santa Claus rally, is essentially where we see stock prices locally and globally rise and close off positively by the end of December. And so, we can expect a rally in December which we can all profit from… Why December? We aren’t 100% sure but we have some speculations on why the market tends to rally… #1: Investment managers cut down on their taxes This is the time when you’ll see investors and investment managers, selling their stocks to lock in tax reductions before the end of the year. Once they sell their positions, they then buy other stocks and markets that they believe will rally in the next year. The buying of these stocks, leads to a rise in stock prices which pushes the stock market indices up. Theory #2: Investors enjoy their bonuses by buying into investments Investors also like to spend their bonuses on investments like stocks… And when they buy, demand picks up. And this leads to higher stock market prices. Speculation is one thing. But nothing confirms a Santa Claus Rally more than proof in the charts… The JSE has gone up 14 out of 19 Decembers! What you see, is the monthly JSE-ALSI stock market chart since 2003… Looking at the chart you can see how each December (Vertical blue line) performed from 2003 up ‘till 2021 Year Gain/Loss Year Gain/Loss 2003 : 7.39% 2004 : 1.28% 2005 : 6.84% 2006 : 3.90% 2007 : -4.99% 2008 : 0.51% 2009 : 2.62% 2010 : 6.69% 2011 : -3.26% 2012 : 2.72% 2013 : 3.27% 2014 : -0.53% 2015 : -1.15% 2016 : 0.48% 2017 : -1.33% 2018 : 4.63% 2019 : 3.51% 2020 : 3.83% 2021 : 4.66% So, there’ve been 14 out of 19 Decembers (74% win rate) that have shown positive gains. And in total, the JSE has accumulated 41.07% gains in all of those Decembers. This means, you have a higher chance of profiting from buying this Christmas than selling. And right now, this December the JSE ALSI 40 is already up an insane 14.48% gain. And I am seeing no signs of a slow down yet… I guess a Santa Claus rally is more likely than not, but we have had three to four winning years in a row... Things are looking good for now but the month is young... Do you think we will have a JSE Santa Claus Rally? Let me know. Trade well, live free. Timon MATI Trader
TVC:SA40Education
by Timonrosso
1
BE READY FOR CHRISTMAS RALLY! BUY THE DIP!!!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this Total M.cap update. Total M.cap looks good here. Breaks out from the descending channel. Expecting a retest from here and that retest will be a good buying opportunity. I'm expecting a good rally in the crypto market before Christmas. Most people are still expecting new lows of BTC but IMO first we might see a short-term rally in the market from here. Expecting BTC to go $19k-$20k from here. Invalidation:- Any 4hr candle close below $770B What do you think about this? Do you also think that we might see a good bullish rally in the month of December or do you think this is just a trap? Share your views in the comment section. Thank You!
CRYPTOCAP:TOTALLong
by CoreCrypto1
13
Simple RSI/FIB Price System - BITCOIN BULLISHI've taught this system to hundreds of people over the past few years. It is a simple HIGHER HIGH/LOWER LOW system based on RSI 60/40. It is great for making decisions about longer-term trending and you can apply short-term technical analysis tools to 4 hour or other intervals to catch shorter-term trends. BITCOIN is BULLISH using this system. In fact, I would not be surprised to see $29k to $32k before the end of 2022. The BASE/BOTTOM appears to be already in place and now we are simply waiting for some of that Christmas Rally momentum to push BITCOIN higher. Follow my research and learn how I can help you stay ahead of the biggest market trends.
BITSTAMP:BTCUSDLong
by BradMatheny
Total Contrarian Trade/SetupAs much as I believe in "Don't Fight The Fed", I'm starting to think the bottom for the US markets (Technology/SPY/QQQ) may be much closer than some people think. My cycle research suggests a 2022.5 cycle pattern (late in the second half of 2022) is highly likely. Have we seen that yet? Maybe. Maybe it is the recent bottom in June 2022 and the change of direction (higher) after that bottom. Here are some of the KEY CYCLE PATTERNS that catch my attention. 9-27~10-8 : Harami, CRUSH, Gap, Top, Consolidation, Temp Bottom, Gap Reversal, Breakdown, Breakaway, Rally, Carryover, Bottom 10-11~10-25: Inside/Breakaway, Harami, CRUSH, GAP, Gap Reversal, Breakdown, Breakaway, Carryover, Temp Bottom, Top/Resistance, Consolidation, CRUSH, GAP, BIG GAP These patterns, and the fact that I'm seeing some strength in the consumer sector, align with a potential Elliot Wave setup that suggests we may see some extreme volatility as we shift into a moderate Christmas Rally Phase. It all depends on HOW DEEP (if anything) we see the markets move after the Fed rate decision. If the markets fall back into bullish trending and attempt to move away from lower support levels, then there is a very solid chance we may see an extended Bullish price trend starting a new Christmas Rally phase - possibly lasting into Q1:2023. The CRUSH patterns are the only thing that concerns me. These are typically very aggressive downward price moves - but can sometimes represent pullbacks in an uptrend. I've seen them happen in very strong uptrends and I'm thinking capital may be shifting away from the same risks that were in the markets in late 2021. We've seen technology and other sectors fall 45% to 76% in some cases. The contrarian trade (bullish if support holds) may be a very low risk trade right now.
NASDAQ:QQQLong
by BradMatheny
BTC/USD: A Christmas Weekend Study FUNDAMENTAL BACK-DROP *Imho, if there was ever a time to expect fireworks, it's right now. *Weekend trading session for the next ~2 days. Institutions and majority of players are offline for Christmas day and/or weekend. Perfect environment for fuckery. *US holidays, and Christmas in particular, are proven to be powerful market events. (Often see pivots in price/sentiment through these windows). *"Buy when it snows, sell when it goes." - it's that time of year! **Recent CME event (listing ETH micro futures ) on Dec. 6 **Positive reaction from most recent FOMC meeting on Dec. 15 **Recent full moon phase change on Dec. 20 LOWER-TIME-FRAME TECHNICAL ANALYSIS *Structurally, price is trading within a megaphone pattern (making higher highs and lower lows). This implies high volatility in both directions until the megaphone is resolved. *Certainly trading against some key highs right now (top end of the range). In good shorting/selling location right now for people who think this rally into Christmas is bulslhit. HIGHER-TIME-FRAME TECHNICAL CONTEXT *Price is coming awfully close to triggering a major double bottom , drawn off the 1D chart. (The counter-trend rally high following Dec. 4 liquidation cascade). *$51,995 is the level to watch. I'm officially "uber-bull" if we start closing above this level. *Bullish momentum divergence confirmed ( MACD ) and continuing to build on the 1D chart. -- LIKE THE ANALYSIS? Send me a DM . I'd like to build a community of half decent traders and technicians.
COINBASE:BTCUSD
by bitflip01
1
Worst vs RestI was following the x4 OPEX closely last week because options are the market. The amount of QE liquidity in options over the past 2yrs has been distorting this bull trend for 2 yrs but also causes predicable dips during OPEX. So it wasn't a surprise Thu-Fri Dip to 20 50 EMA was this predictable. The only question now remains. Do we rally back next week OR does the real correction start? Most of the evidence I observe points to a rally. But there is a mounting case for further correction to the downside. Further downside would trigger liquidations and amplify bull capitulation. Next week is THE week. Christmas Rally or Coal. Choose a side.
NASDAQ:PENNLong
by SPYvsGME
4
ES - Volatility Contraction PatternExpanding on the Volatility Contraction Pattern trade into XMAS. 1. Strong Underlying Demand Elevated Relative Volume compared to prior days’ average A premarket gap or explosive move off the open The potential for a breakout on higher time frames Underlying significant support (20D-50D moving average) Inability to breakdown 2.Recent Overbought / Supply Pressure Higher lows Extreme price contraction on low volume 3.Diminishing Suppy Characteristics Begin to see the wave tightening Consolidation into 20D,50D Moving Average 4.Decreasing Volatility 5. Explosive Breakout (TBD) !!!Not Trading Advice. Just a Bag Holder!!!
CME_MINI:ES1!Long
by SPYvsGME
$US500 - S&P500 futures almost back at ATH, Santa is coming?? After the sharp "omicron-dip", the S&P500 is almost back at all time highs! The daily EMA100 got bought heavily and markets melted through every resistance since then. The daily RSI keeps showing baerish divergence though, and also volume kept tapering off, also in the ETF on the S&P. I would not open fresh longs here, instead taking some profits here seems reasonable. At the moment, a correction down to 4.650 would not be weird at all, also to backtest the support from november 11th as support again. Also there was a big gap opened up yesterday in the markets and most of the stocks, most of the up gaps get closed within the first 7 days after they got opened, whatever that statistic is worth at the moment, but it is just a fact to know i guess. Once 7 days are over chances drop sharply to get that gap closed soon, those gaps mostly get closed later on in a bigger correction/crash then. Overall, i would aproach markets with caution at the moment, we are at heavy resistance at the moment and a small set back is kind of likely here. A break to new ATH, even more when a nice backtest happens, would be a bis buy signal though. Stay safe in this markets guys!
U
by 10xTrading
Power of 8pm + 3amSome of you asked me to update this chart. I actually stayed up most of the night watching futures to get a handle on how dealers position around +/- gamma. I noticed before 8pm last night all rallies were being sold. Then almost like a switch being turned on a slow melt up started. You can see how uncharacteristic last night futures were as the melt up continued to 3am. Then at 3am futures became much more active and continued to climb right into RTH (regular trading hours). Could this be the christmas rally everyone is always talking about. OR Was this simple a bear trap being sprung.
CME_MINI:ES1!
by SPYvsGME
1
What do we say to the god of the Death Cross?What do we say to the god of the Death Cross? Not Today. Friday Biden kicked the can to February, a much better month for a market crashes. I sat in an ER for 5 hours unvaccinated last weekend while Omnicron was present. Not dead! If anyone got caught by Evergrande defaulting, they belong on the short bus. Softbank who? I'm going to play devils advocate to my post Friday. JPow and crew were no doubt working overtime this weekend to rally his troops. Let's face it, all he really needs to do is bring us over 4610 and the rest will take care of itself. QE for Christmas. Ho Ho Ho.
SP:SPXLong
by SPYvsGME
3