NAS
Possible Tesla bottomHey Trader,
please see my current idea on the Tesla Stock, where count suggests a possible bottom. This is due to the fact, that price action is currently moving in a flat correction. We already hit the first correctional target and are now off to the second one as marked on the chart.
Fundamentally, Tesla has reported impressive quarterly earnings over consensus. Musk also informed that Tesla is going to focus more on the Tesla Robot and that this will be next huge project for the firm. Investors sold their shares as first reaction to this news, which in my opinion was an overreaction. As Musk said, this could be a huge possibility for the Firm since Robotics can be the market of the future. I like the fact, that Tesla is not just going to be a Car Company and I am therefore bullish on the stock.
Please share your thoughts, for further information see below.
This is no financial advice.
RT
MSFT earnings and long term predictionI am going to long MSFT for these reasons
~We have officially touched the 0.786 fib retracement which is a great sign to go long again
~MSFT earnings on Tuesday. MSFT bought out Activation Blizzard, so it will be interesting to see how they announce their plans.
~ALSO A while back, Mojang merged Minecraft launchers with Microsoft. SO now all minecraft java users use Microsoft login instead of mojang login.
~On the 4 hour chart there is VERY CLEAR BULLISH DIVERGENCE
~From the last ATH MSFT has pulled back 15 percent, which is a really big pullback.
~We are also on the bottom of the downward wedge, meaning that this will be a good zone to set enter with a SL below the support. As it is a very small loss. With downward wedges, it most likely will break on the up.
NQ - 2B FailureAt the time I commented on the NQ it was holding 14143.
It has failed.
We are now going to test the Lows and Fill them.
____________________________________________________
Of the 14 times in NQ history where we saw a 4% or greater
move down and the 50% did not hold.
We saw Pirce move to Lower Lows.
Now resetting the 1 Down to larger 1/5or 1A 1B 1C 1D 1E.
Apologies for the delay, I needed to go back to the DotCom
Era to check my Data.
Technical analysis update: Nasdaq 100 (25th January 2022)Nasdaq 100 hit all our price targets as it dropped to 13 706 USD yesterday. At the moment we are unsure whether market selloff will continue. Because of that we decided not to set a new price target for NQ1!. Instead, we would like to wait for the FED statement tomorrow and then we will reassess the situation. It is possible that the FED might backtrack on its recent hawkish narrative in regards to economic tightening. This might temporarily halt market selloff (or even entirely). We will update our thoughts on NQ1! after the FED provides more information on its future monetary steps.
Technical analysis - daily time frame
RSI, MACD, Stochastic, DM+ and DM- are bearish. ADX continues to increase which suggests that the prevailing trend is strong. Price deviated too far from its 10-day SMA which suggests that it might be ready for retracement. Overall, the daily time frame remains bearish, however, with some indicators signaling oversold condition in the short-term.
Technical analysis - weekly time frame
RSI, MACD and Stochastic are bearish. Same applies to DM+ and DM-. Overall, the weekly time frame is bearish.
Please feel free to express your own ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Your own due diligence is highly advised before entering trade.
NASDAQ 100 CORRECTIONI think we can expect a reversal to the upside if can get a nice rejection from support.
Nasdaq can't drop more.
NASDAQ 100 TUESDAY REVERSALI think we can have a reverse to the upside if we don't break support.
Nasdaq already made correction, so we about to shoot back up.
Lets hope so.
QCOM PredictionsHere is my insight on QCOM
For the bounce case
~ 4 hr chart has not broken the support yet signifying we could see a bounce before going through it.
~ slight RSI bullish divergence in last 2 days signifies a small pullback could come.
~ we are on the 0.382 fib zone which is a zone to watch since pullbacks on an uptrend like that zone.
~ After going down a whopping 14 percent, we are due for a dead cat bounce of a possible 2-5 percent
If bounce exists
~ Since we broke the 200 ema it is likely we could go back to it and bounce off. This PT/put entry point would be 169 - 169.50
~ The 1hr chart hasn't pulled back to the emas yet after crossing them. The 50 ema would be the first to touch and would be at 173-174 range, which ironically is also a big zone of resistance from previous bottoms. This would be the ultimate entry point for puts, and a good stop loss for puts...If we go higher than this we are going back on the bull run.
Puts case
~ the 4 hr chart has already broke and then bounced off the 200 ema. SO it is not out of the question that we can go lower.
~ We just need to break this support. once we break the support, we are going to go back up to it. I'd wait for the support to break and the bounce to occur before entering puts.
NQ - 1 Hour / 1C Retracement textbook
A naar perfect touch of the SELL, dipped in a few Ticks an
spet the balance of the Day heading to new and lower
Lows.
A perfect weak 1C retracement.
____________________________________________________
AAPL Breaks
TSLA Breaks
____________________________________________________
Freaky Friday ahead, with more twists and turns, but the
Operators showed their hands again today - screwing the
Dip buyers without remorse.
Tomorrow has the makings of a Black Friday as Expiry sees
the remainder of Leaps expire.
GOLD Forecast 1/7Buy setup today on Gold, we are looking for price to bounce at 1789 and retrace into 1810-1813.
As long as the C wave is holding and price does not close below the previous low this set up will be valid. Once price has retested this zone and trends upwards, then our target is the previous point of control around 1813. Our stop is tight as NFP is today and is placed at 1784.
Enjoy & Happy New Year everyone, lets aim for another historical year in the marketplace.
^_^
NASDAQ 100 BIG MOVEI think that nasdaq 100 is going to jump back up
Firstly wait for stop hunt and then trade channel breakout to the upside.
LONG 16500NAS & 4800SPX: 17500 & 4950 TARGET FOLKSrisk on baby
we mooonin rn
qlt dont miss
stops? none
dailies BELOW 16350 is bigly bear flag.. spx dailies BELOW 4740 (previous ath) is bigly bear too. these levels SHOULD hold on daily at worst we get a low wick into them. daily closes below is invalidation flag
time frame 15-60days
17500-18k
4950-5050 is the TP zone.
this is 7/1RR folks. noone handing yall these kinda MOOON set ups baby!