GS eyes on $518 for break, or $510 dip for scalp entriesBanks have been rising to record highs.
GS is at a breakout level, obvious to all.
Look for breakn- retest or dip for entry.
$ 518.51 - 515.86 is the ATH barrier.
$ 510.40 is the exact dip of interest.
$ 536.50 - 537.73 will be easy target.
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Goldenratio
SQ eyes on $72: Double Golden fibs that could mark the bottom. SQ is far vbelow its all time highs.
But it is showing signs of bottoming.
Now testing a critical double fib here.
$ 71.84 - 71.94 is the exact barrier to warch.
$ 66.07 - 66.36 is the first good support below.
$ 80.96 - 81.16 is the first resistance and target.
Drag DOWN on the price scale to see fibs above.
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MSTR eyes on $154: the Decision Zone for next moveMSTR is at a key level that should determine the next move.
Break-and-Retest of zone would be the buy signal to look for.
Rejection and loss of next fib below it would be a sell signal.
$ 152.17 - 154.08 is the exact zone of interest.
$ 175.25 - 178.09 will be the next target above.
$ 110.23 - 113.01 will be the key support below.
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IBM eyes on $163.30 then $158 for possible Bottoms of correctionIBM had the business office monopolized but then lost it.
PC's came and they said "it's a fad, we have TYPEwriters"
AI came and they said "we have Watson, he plays chess"
It has however been in an uptrend with the market.
Retrace is now testing a key support fib at $163.30
If that one fails, we have a fallback fib at $157.99
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MPC eyes on $167 above, 157 below: Genesis fibs and key rangeAll three levels are from a single fib set, the Genesis Series.
All humans/bots/indi's have recorded the recent reactions.
So a break of either side will say a lot to a lot of traders.
And that is how even the "fib-blind" evenaully do see them.
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QQQ Dancing on a High Wire $422.93: Golden Genesis fib and top?=QQQ is dancing on a high wire, a Golden Genesis fib at $422.93
Failure here could indicate top is in, so this is a key level here.
Just below is a fib confluence at $418, last stop before SERIOUS dip.
It is PROBABLE that we orbit this fib for a while.
It is POSSIBLE to bounce here and keep going up.
It is PLAUSIBLE a bull trap / distribution is done.
Here is a snapshot of the Genesis Sequence for the Q's:
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INTC eyes on $22.90: Golden Genesis fib that could mark "Bottom"Intel may now be the dinasaur of Chips.
The stock has been dumping for decades.
Last drop has bounced to major resistance.
It is PROBABLE that we "orbit" this fib a few times.
It is POSSIBLE that we reject for a "lower high" here.
It is PLAUSIBLE that we break and end the down trend.
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EBAY heads up into $66: first of 3 targets for swing tradeFollowup to Idea calling for $ 50-66 swing (click).
EBAY is pushing towards our 1st major target.
Above are 2 overshoot targets in case of break.
This is a good spot to start booking some profits.
Chart is 3-day tf, so it will move in a couple days.
$ 65.91 - 66.16 is the near term resistance zone.
$ 67.25 - 69.87 might serve as overshoot targets.
Previous plot:
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HUM eyes on $275 for major support: time to start buying?Humana has been dumping for a while now.
Just dropped hard into a major support zone.
Scary entry here, but tight stop loss is possible.
There are many layers of resistance above.
So there will be many battles on the way up.
Maybe scalp or sell+buy pieces to build position.
I know nothing about this company or insurance.
But it pays good dividends and it is an insurance!
Long-term dollar-averaging entry could start here.
$ 274.86 - 280.07 is the major support for entry
$ 326.52 - 327.87 is the first major resistance.
$ 250.50 - 251.76 is next major support below.
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TDOC eyes on $ 9.56: Break to mark Bottom or Reject to DoomTDOC has fallen a long way from its Covid hoopla.
No idea if this company will ever make any money.
But if the chart is to have a bottom, this could be it.
$ 9.08 - 9.56 is the hurdle to break for entry.
$13.31-13.54 will be first target (TP) of swing.
$ 6.97 - 7.10 is the key support (SL) below.
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Platinum: Little Consolidation (Wave 4); Golden RatioWe can see a very well defined cycle, and wave 1 to 3 already created.
This new cycle could be a consolidation, the price can drop to 14,6% or 23,6% level.
Or even in the middle between 38,2% and 23,6%, where other wicks has already touched, creating a support, where can also occur the last candle of Wave 4.
Open interest in NYMEX:PL1! is falling and the major trend rising, it can occur a reverse, and this reverse will be the Wave 4.
RSI left the Overbought level, followed by a failure swing, resulting in continued decline of the indicator.
After the peak $1,016.45, ADX is losing strength while DMI+ has a high probability of changing position with DMI-.
SMCI eyes on $442.58: possible bottoming confirmation if holdsThis is a folloowup to my $1152 Top Call (click).
SMCI topped where expected and is retracing hard.
Possible bottoming process after capitulation dump.
Currently floating in a trio of major fibs for support.
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CAT eyes on $ 188.00: Golden Genesis fib, Dip or Top here?CAT has been surging with other industrials.
China stimulus will probably keep it going.
Looking for a dip here, or a Break-n-Retest.
Here is an Hourly view with Local Fibs ADDED:
$ 388.00 - 390.84 is the immediate resistance
$ 369.46 - 371.58 is the first strong support.
$ 353.22 - 356.26 is the CRUCIAL zone to hold.
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BTC bulls need to reach 65.25k before feeling "safe"Follow-up to my previous Idea about 61.25k (click).
The bounce from Golden fib at 52.8k was IMPRESSIVE.
First jump was the big one but bulls are NOT safe yet.
Need to be sleeping on the "Semi-Major" fib at 65,255.
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The above levels are from bitty's " Genesis Squeuce " posted here:
That single fibonacci series has called all major turns since 2015 till now.
BTC bubbling against 3 MAJOR fibs going into FOMC wednesdayStrong bull push from 52.8k Genesis fib to sister Genesis at 61,256
There is also a fib from the "Top Down" wave just below at 60,820
Lastly there is a fib of the "Covid Sitmulus" wave hovering at 60,298
Thus we are hovering just below a MAJOR resistance zone.
Within the next day (of this posting time) is the FED decision.
This FOMC meeting is to start the RATE CUT process tomorrow.
Bulls should be CAREFUL here.
Bears should be CAREFUL here.
Sheep may stay careLESS here.
.
Below are links to the 3 fib sets in full.
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"Genesis" wave (called every top since 2015 including our last one):
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"Covid Stimulus" wave (caused by FED printing and often reacts with FOMC)
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"TopDown" wave (from the top, nailed the lower high from 73k):
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The Golden Ratio- Throughout history, the ratio for length to width of rectangles of 1.61803 39887 49894 84820 has been considered the most pleasing to the eye.
- This ratio was named the golden ratio by the Greeks.
- In the world of mathematics, the numeric value is called "phi", named for the Greek sculptor Phidias.
- Everything is in chart.
Happy Tr4Ding !
SWING IDEA - NETWORK 18 MEDIANetwork 18 Media , a prominent player in the media and entertainment industry, is showing signs of a promising swing trade opportunity based on several key technical indicators.
Reasons are listed below :
75-80 Support Zone : The 75-80 level is a crucial support zone that has held multiple times, indicating strong buying interest at these levels.
Bullish Engulfing Candle on Weekly Timeframe : The formation of a bullish engulfing candle on the weekly chart suggests a reversal of the previous downtrend and indicates strong buying pressure.
0.618 Fibonacci Support : The stock has retraced to the 0.618 Fibonacci support level and is now bouncing back, indicating a potential reversal and continuation of the uptrend.
Breaking Consolidation Phase of 2+ Months : Network 18 Media is breaking out of a consolidation phase that lasted over two months, signaling the beginning of a new bullish trend.
Decisive Break Above 50 EMA : The price has decisively broken above the 50-day exponential moving average, confirming the bullish sentiment and providing a strong support level.
Target - 105 // 120 // 135
Stoploss - weekly close below 81
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
SWING IDEA - VIP INDUSTRIESVIP Industries , a leading manufacturer of luggage and travel accessories, is displaying technical indicators that suggest a promising swing trading opportunity.
Reasons are listed below :
450-500 Strong Support Zone : The 450-500 level has been established as a strong support zone, providing a solid base for potential upward movement.
Bullish Engulfing Candle on Weekly Timeframe : The formation of a bullish engulfing candle on the weekly chart indicates strong buying pressure and suggests potential for further upward movement.
Daily Candle Engulfed 7 Daily Candles : The recent daily candle has engulfed the previous 7 daily candles, demonstrating significant buying interest and a potential shift in trend.
Golden Fibonacci Zone : The stock is finding support at the golden Fibonacci retracement level (0.618), a key area where prices often bounce back, indicating potential for an upward move.
Increased Volumes : A noticeable increase in trading volumes confirms the strength of the price move and indicates growing investor interest.
Target - 575 // 660 // 715
Stoploss - weekly close below 445
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
SPX Bulls - Give up already ;) Do you need more Fibonacci or is this Fibonacci enough to let you bulls understand, you are trying to win a losing game (hhhhhh). I will accept defeat once the final Fibonacci speed resistance fan line has been beaten, but even then, I will be looking out for a double top.
In my opinion, this traffic zone is a desperate attempt of a trend continuation, however, there is no reason for this trend to continue currently. I think a test of the Jan 2022 highs will be enough to consider a macro reversal towards 7000, however, until then. Go to bed bulls - kappa? xD