AMC ST Update (Feb 4th 2021)AMC Entertainment (AMC) (February 4th 2021 through February 18th 2021)
(Potential entries) Low: $0.57 - $2.00 - $3.13 - $4.81
(Potential swing high levels) High: $5.08 - $6.28 - $10.10 - $10.94
I am looking for price action to come down near where I have placed 2 orange boxes for potential entries for future prospects of AMC. If people (WSB) manage to squeeze AMC harder a second time, there's a chance it never even comes down to where I anticipate it but I feel it will be very likely for it to keep crashing since the crazy peak, and maybe return to baseline/normalcy around $1 to $4.
A good entry might be found anywhere from $2.00 to $4.81 in my opinion, but it really depends on if WSB actually pulls off a second squeeze for how long it would take to realize profits on the next run. If its truly returning to baseline, $2.13 and lower should be expected, I think 57 cents would be the absolute most drastic possible.
I've placed a couple white trend lines just to see if any of it correlates with a path, but I've also scribbled the green, orange, and red brush lines for other potential levels I can see price coming to at those times. No idea which path will actually happen if any of it is even right, just watching closely for now.
Related idea attached below:
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
ELON-MUSK
Nokia MT (February 2nd 2021)Nokia (NOK) (February 2nd 2021 through 2022)
Low: $3 - $5
High: $9.44 - $21
So I understand there is some financial madness going on right now.
Here's a scenario that shows how a short squeeze could hit monstrous levels provided it actually gets executed correctly.
I do not have the most hope in this chart but all the paths I've provided are just ideas of certain price levels that seem important to me.
This could end in glory, blood, or hit glory and end in blood. Who knows, but its very interesting to watch all these speculations play out with WSB reddit.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
POTENTIAL TRADE SET UP FOR ETHUSD PLAN
- Open a short position at 1314-1328 and set a stop loss at 1407.
- Set Take profit price at:
1. 1256.60
2. 1127
3. 1052
- High risk but higher reward, 1:4
INFO
- "DOUBLE TOP" or M formation and "HEAD AND SHOULDERS" in play within a symmetrical triangle. Breaking down can bring us to 1050 or 956.
- HIGH VOLATILITY EXPECTED WITH VOLUME TO PUSH PRICE BACK INTO THE BIG BULLISH RECTANGLE CHANNEL.
- GRAYSCALE HAS OPENED THEIR ETHEREUM INVESTMENT BACK, cryptopotato.com
- They might be waiting for the price to dump so they can buy the dip.
SIGNING OFF,
THECRYPTONIZER
TSLA - Short Squeeze Friday = New ATH $888 targetTesla will hit new ATH due to the 10+ Million Shares that will be purchased tomorrow by outstanding naked puts. If we gap higher overnight, by $15+ a run over $900 is possible. More than likely we'll settle in the $880 range after making a new ATH at some point (likely late) in the trading day.
DOGECOIN 387x potential & dollar parityDogecoin (DOGE) is projected to move 387x in price and achieve dollar parity by March.
The events that will launch the price action are that Elon Musk will announce (he does not know it himself yet) on November 3rd right as elections are finishing that he will instate DOGE as main currency on his Mars colony, because of the election outcome the earth will be scorched and a escape to for entire humanity is inevitable and necessary for the survival of the mankind. Everyone will be looking to get to Mars.
All seats on space ships from the moment on will be only purchasable with DOGE at which point the entire humanity looking to escape earth will start accumulating DOGE with 1kg on the spaceship costing 1000 DOGE.
Increase your profits with 125x leverage at Binance, an exchange proudly ignoring most financial laws and regulations in most jurisdictions, by so being able to give you tools for instant riches such as 125x Leverage.
Trading involves risk. This is not investment advice.
Financial holdings disclaimer: ALL IN ON DOGE COIN HODLING UNTIL MOON and MARS!!!
TESLA EARNINGS YOLO | Pure EntertainmentHello Tradingview family, today I yolo $1500 on Tesla weekly calls into earnings. I think they will do really well, on top of the number of sales I think their new factories and distribution centers will provide good numbers.
Throughout the last week, I've noticed the silence from Musk on Twitter, at least when it came to the stock. Over the last several earnings, we've seen Elon tweet out stuff like "it needs to come down" prior to the report. Instead today, we see silence.
BULLS LOCKING IN? I AM :)
My Play:
TSLA $455 Call 10/23 @ $676 (I bought 2)
I do this purely to entertain my fellow traders and feed their FOMO demons. Hope you are all having a blessed 2020, let's see if this hits :D
Please do not play this, you will lose money!
DotcomJack | Tesla Yolo
EVERYONE IS BEARISH & 90% WILL LOSE MONEY (Elon Musk - tesla) Everyone is shorting tesla when we just started a parabolic run!
Human psychology 101 fight the trend... this is clearly bullish and everyone is bearish
New paradigm is incoming!
The first sell-off just happened
Not much more to say here other than I am loading more USD from my bank to buy more Tesla :)
Stay profitable
TESLA (elliot wave update)Looking at past market corrections, 2020 is a new beast. There is absolutely nothing in history that had us crash this fast and this hard.
This leads me to believe that a bounce up should be higher. In my last TESLA update i did post this as secondary count.
I feel the SP500 index needs to go higher prior to retest of the lows, just looking at certain indicators like MACD and RSI things look too proportional, yes im expecting lower prices but it wouldn't make sense to have them right now. I still feel we are in heavily oversold conditions from the March drop. Major stocks of course will follow. The 2008 correction or the flash crash of 87' dont even compare to this, the great depression doesnt either. Yes it went down further, but over years, no correction in history dropped this far this quick.
What I feel is a probable count is a larger more complex correction. I still see lower prices in 2020, just not right now. A mini bull market? perhaps.
Not a financial advice, just my analysis.
Cheers,
TESLA (elliot wave update)Updated count of TSLA.
Tesla's correction should have been complete at the $650 range and .382 fib retracement but market panic elongated the correction.
So we have a failed impulse wave 1, which per elliot now becomes a wave X After an X wave we are looking for an impulse Y wave down consisting of 5 sub waves. Judging by the 30 min chart we seem to have completed 4 of 5 of the Y. The most logical bottom is now at the .618 fib level. So my best probability would place the bottom of the correction at $460-$510 range. On lower time frames I am seeing bullish divergences on MacD as well as RSI. If this move plays out, and if i was to look for a long, the Y low would be my stop loss as price should not go below it, if it does the whole count would have to change. Keep in mind panic in the market can change counts at any time. But this count is what elliot waves try to point at. This would be a fairly deep retracement for a wave 4 which i dont like in a WXY correction, however it does not violate the Elliot Rules, wave 4 is no where close to wave 1 interaction so we are well within elliot count looking for a potential wave 5 and finish of TSLA's bull run and new all time highs.
As always, not a financial advice, for your own good always protect yourself with a stop loss.
Cheers,
Tesla nearing topside parallelAfter longing the bottom of this pitchfork formation, TSLA has put in an impressive 5 wave rally to test the topside of this pitchfork.
Alongside this formation, tsla has breached 80 on the RSI again like it did back in November, and is 50% above the 200DMA for the first time since 2017
TESLA REVERSAL - KEY ZONE PROVIDES BULL CASE SCENARIORSI & Stochastic are showing that TSLA is very oversold.
Extremely high support at ~$180 is within reach and is the key area for a reversal.
Long term uptrend line is also within reach and shows confluence with the key support level of $180.
LONG TSLA within the $180-190 region.
$TSLA Pump or die $TSLA $TESLA$TSLA
If we don't jump anytime we will fall deep in to the low $200 and maybe even to $150 in next couple weeks.
Earnings result went in the price in the open markt, pre-market it did hold very well like my last post about $TSLA.
A lot of downside energy is being made, pump or die $TSLA.
You can consider short positions if we fail to jump on Friday.
Maximum target could be around $150.
It's crazy if you think that we are at the prices of 2017 back again, and maybe even go to 2016/15 prices. The company did way more innovations than you would think if you see the price.