• Yesterday, NVDA did what seems to be an Exhaustion Bar, a massive bearish candlestick around a support level, far from its resistance, after the pullback was already materialized;
• Today, we see a bullish reaction, and NVDA is bouncing away from its support at 263, and it is breaking the 21 ema as well, trying to reject a very bearish scenario.
• The 263 is a...
• TSLA did a false breakout from the $200, and this key point is working as a resistance again today. The $200 is our most important key point, as I already mentioned in my previous analysis (link below this post, as usual);
• Today’s movement is rejecting Friday’s candlestick, which was a powerful candle that broke the $200 resistance. This gives the impression...
Order BUY AMZN NASDAQ.NMS Stop 102.54 LMT 102.54 will be automatically canceled at 20230401 01:00:00 EST
AMZN daily long day bullish after earnings with exhaustion volume for wave 2 of new uptrend.
Order BUY DIS NYSE Stop 99.30 LMT 99.30 will be automatically canceled at 20230401 01:00:00 EST
DIS bullish hammer at a monthly support buying zone maybe that's it for the downtrend except for we didn't have exhaustion volume / capitulation / panic event.
Quick countertrend 1.2R
Hello traders and investors! Let’s see how FB is doing today!
First, we see that FB is clearly in a bear trend. There’s nothing that could help FB now, unless we see a clear bullish reaction. As someone who is out of FB, I’m more tempted to buy than to sell, as the risk/reward ratio favors the bulls.
If we fill the last gap, it’ll confirm an Exhaustion Gap,...
Hello traders and investors! Yes, AMZN did exactly what we expected, after it confirmed a top in my last analysis. Now, what to expect here?
First, despite the drop, keep in mind that we just hit a Dual-Support level in the daily chart. The first one is the 38.2% Fibonacci’s Retracement , and the second one is the 21 ema . In our last analysis, we set a...
Hello traders and investors! I told you that the main bias was bullish!
Let’s quickly update NIO’s last movements: Despite the main bullish bias, Nio was in a short-term bear trend, which was completely denied when it defeated the $ 46 , as we said in our last analysis. The H&S chart pattern wasn’t triggered, so, we had no bearish confirmation in the mid-term...
Granules are at support now, these are the levels from where stock bounced very well in the mid April.
Seeing current price action, and the solid support, it looks like stocks could bounce from these levels again.
Now this bounce-back would be temporary or not, i don't know as of now, the best way to trade is to start trailing once the trade starts moving in...
OANDA:BCOUSD
Yesterday was the big day I was expecting with a 360 degrees daily swing, starting with a bullish attempt of 120 pips from 62.5x to 63.7x and a final fall of 200 pips.
It validates how critical is that area for both Bulls and Bears to shape the following trend of Brent Crude Oil.
I mentioned on my daily chart analysis yesterday an area of...
As shown above, the price action is continueing the downtrend movement in a long term scenario. It has tested the strong support twice. It may retest the support before retracing. Price needs to retrace before breaking this support.
This is also where many retail traders get rekt'ed because whales like to play this range. Please trade support and resistance only....
