Nasdaq Overview: Market Analysis 16-OCT-2024Good morning! Here's your daily Nasdaq market analysis. Learn, grow, and trade wisely.
Nasdaq
Apple – Triangle Pattern with Breakout PotentialApple is currently forming a triangle pattern on the chart. If we break through the resistance, my next target is in the green zone, which I've identified as the next key level.
Strategy: I’m watching for a breakout from the triangle, and if it occurs, I’ll be targeting the green zone as the next potential profit area.
NASDAQ: Push to 22K or Drop to 19K? Key Levels and Profit Zones Evening Traders
NASDAQ is hanging on to the 20,256 level, but if we break lower, we could be looking at a slide down to the 20,000-19,200 range. On the bright side, there’s a ton of support that could push us up to 21-22K. If that happens, it’s a great spot to take some profit before we hit major resistance—or worse, a deep correction.
Let’s dive into the key levels to watch and where to take action before things get bumpy. Will NASDAQ keep climbing, or are we in for a pullback?
If this gave you some insights (or at least made you think twice about your next move), give it a like, drop your thoughts in the comments, and hit follow for more updates. Your support keeps me going
Happy trading
Mindbloome Trader
Nasdaq 100 Trade idea/Second Trade"Hello, everyone! This is my second trade on Nasdaq. I've adjusted the stop loss on my first trade and now I'm placing an order for another trade, risking half an 'R'. Good luck!"
As always, it's essential to apply proper money management and never trade without placing an appropriate stop-loss. Remember, trading is a game of probabilities, so your success should be measured over a series of trades, not just one.
Guys always read this quote.It will help you mentally."I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime. Even people who lose money in the market say, 'I just lost my money, now I have to do something to make it back.' No, you don't. You should sit there until you find something.” “Jim Rogers:
Thanks!
NASDAQ 100 Drops! Short Trade Confirmed, Eyeing First TargetThe NASDAQ 100 has confirmed a short trade with a strong bearish move below the entry at 20263.46. The price is progressing towards the first profit target (TP1), though it has not yet been reached.
Key Levels
Entry: 20263.46 – The short position was confirmed as the price broke below this level, signaling bearish momentum.
Stop-Loss (SL): 20378.68 – Placed above the recent resistance to protect against potential upside reversals.
Take Profit 1 (TP1): 20121.04 – The first target, not yet reached, but in close proximity as the downward trend continues.
Take Profit 2 (TP2): 19890.59 – The next target in case of continued bearish pressure.
Take Profit 3 (TP3): 19660.15 – A further downside target, aligning with the next support zone.
Take Profit 4 (TP4): 19517.73 – The ultimate profit target, marking a significant decline.
Trend Analysis
The price has broken below the Risological Dotted trendline, confirming strong bearish sentiment. The market is likely to move toward TP1 if the selling pressure continues. The downward momentum suggests further potential to reach deeper profit targets.
The NASDAQ 100 short trade is progressing well after confirmation, with TP1 at 20121.04 in sight. If the bearish trend holds, further downside targets are expected to be reached.
GBP/USD : First BUY, then SELL ! (READ THE CAPTION)By analyzing the GBP/USD chart on the 2-hour timeframe, we can see that the price is currently holding the support at the 1.30700 area. I expect it to continue its upward movement. The potential targets for this analysis are 1.31130 and the range between 1.31345 to 1.31455. Also, keep an eye on the 1.31455 to 1.31760 area for a potential SELL opportunity.
THE MAIN ANALYSIS :
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
#Tesla Analysis : +20% so far, What's Next ? (READ THE CAPTION)By analyzing the #Tesla stock chart on the weekly (logarithmic) timeframe, we can see that, as expected in the previous analysis, Tesla stock faced selling pressure after reaching the supply zone of $233 to $271. This selling pressure intensified this week, causing the price to drop by about 20%, reaching $214. Currently, Tesla stock is trading around $220. We will likely see a slight upward move followed by further declines in the stock.
The Main Analysis :
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
HeartCore Partners with NTT Data Business BrainsExciting news from HeartCore Enterprises, Inc. (Nasdaq: HTCR)!
The Tokyo-based enterprise software and data consulting company has entered into a strategic partnership with NTT Data Business Brains Corporation, a subsidiary of the well-known NTT Data group. This collaboration is set to take NTT Data Business Brains’ website development services to the next level.
NTT Data Business Brains has built a strong reputation in Japan for constructing static websites, but with 84.9% of Japan's population using the internet and 78.1% engaged on social media, there's increasing demand for more interactive and user-centric online experiences.
That’s where HeartCore’s CMS platform comes in. By integrating HeartCore's advanced CMS, NTT Data Business Brains will be able to offer dynamic and engaging websites, packed with modern features that today’s users expect.
HeartCore’s CEO, Sumitaka Kanno, emphasized that this partnership is part of the company’s broader mission to help businesses modernize their digital presence. With this collaboration, HeartCore continues to expand its influence and reliability in Japan's rapidly evolving digital landscape.
BloomZ Inc. (NASDAQ: BLMZ) has been making some interesting moveNew Anime Project: BloomZ has been chosen as the main animation studio for the upcoming anime "Kakushite! Makina-san!", which is set to air in 2025. They've snagged some cool rights too, like international distribution and merch, which could really boost their revenue.
Partnerships in the Works: They're teaming up with CrossVision Inc. and sonilude Inc. to combine tech and sound expertise for their anime and VTuber projects. This means they’re bringing Web 3.0 tech and killer sound to their work—definitely something to watch.
Big Investment: They’ve also secured up to USD 30 million in investment from White Lion Capital, giving them a solid boost to fund future projects and growth.
What’s your thought on this company?
NAS100 H4 | Falling to pullback supportNAS100 is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 20,333.22 which is a pullback support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 20,020.00 which is a level that lies underneath an overlap support and the 50.0% Fibonacci retracement level.
Take profit is at 20,789.44 which is a level that aligns with the 161.8% Fibonacci extension level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Nasdaq Update: Today’sInsights 15-OCT-2024Hey traders! Ready to dive into today's Nasdaq market analysis? Let's compare notes, share insights, and become better traders together.
Nasdaq looks to close the gap with its Wall Street peersThe Dow and S&P 500 extended their record highs on Monday, and the Nasdaq futures looks eager to jump out the gate during Asian trade and close the gap. And with asset managers increasing bullish bets on the tech-focused market, perhaps it can make a record high of its own.
MS
Nasdaq Trade idea.Shorting US 100Hello everyone, I've identified a potential trade opportunity in the US 100/Nasdaq pair. There's a possibility that the pair could decline from its current level.
Remember, it's crucial to always practice proper money management, and never trade without setting an appropriate stop-loss. Keep in mind that trading is a game of probabilities, and your success should be evaluated over a series of trades, not just one.
Thanks!
FAST potential Buy setupReasons for bullish bias:
- Falling wedge pattern
- Price respecting long term trendline
- Price is at the weekly support zone
- Bullish divergence
Here are the recommended trading levels:
Entry Level(Buy Stop): 66.85
Stop Loss Level: 59.08
Take Profit Level 1: 74.62
Take Profit Level 2: Open
Taking aggressive entry at CMP, but safe entry will be above 66. Also, heads up Earnings date is 12 July (Friday)
NVDA potential Buy setupReasons for bullish bias:
- Simple DOW theory(Entry at HL)
- Price is at the support zone
- RSI is synched
- Overall a bullish trend
Here are the recommended trading levels:
Entry Level(CMP): 104.12
Stop Loss Level: 74.33
Take Profit Level 1: 133.91
Take Profit Level 2: Open
Technical Review - HeartCore Enterprise Inc. (14/10/2024)Upon breaking the key resistance of $0.80, a strong buying interest can be observed for HeartCore Enterprise Inc. (NASDAQ: HTCR). The money flow indicator (MCDX) also indicates strong institutional buying interest as shown in the red bar, with the current trailing price is trending well above EMA levels.
We expect a continuous uptrend for HTCR ahead to challenge key resistance level of $1.00 over the mid term, which is our next TP. We remain positive and rated the company a Trading BUY at its current level.
NASDAQ Channel Up with more room to rise.Nasdaq (NDX) eventually held the 1D MA50 (blue trend-line) and no significant correction took place, a development that should extend the uptrend within the 2-month Channel Up. Technically we are still on its Bullish Leg.
We have had two rallies so far within this structure the most recent +11.00% and the one before +15.50%. Assuming there is a declining rate on those by -4.50%, we can assume that the current one will peak at +6.50% from the October 01 Low, which is ideal as it gives a 20900 short-term Target exactly at the top of the Channel Up.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
NASDAQ - Will the US stock market remain bullish?The index is above EMA200 and EMA50 in the 4H time frame and is trading in its ascending channel
If the upward trend line is maintained, we can see the index continue to climb up to the previous ATH
The valid failure of this line will pave the way for the correction of the index to the bottom of the ascending channel
Dotcom Burst vs Tech Burst- i wanted to make this chart for long but i had to wait some confirmations, because i took an higher TF.
- Right now is really interesting to compare the dot-com bubble burst in 2000 versus the actual situation.
- like always i won't talk too much about FA because everything can happen in our world :
- Aliens destroy us.
- Putin push the red button.
- Meteorite hits earth.
- Jerome H. Powell printers no more electricity.
- let's back to the chart and i will try to make it simple :
- This chart is based on a 3 Months Timeframe, so 1 columns = 3 months.
- This graph is based purely on MACD and his Death Cross ( i will call it "DC" to short it)
The Dotcom Burst :
1/ in 2000, Nasdaq took a violent dip before MACD DC. ( 12 Months before ) ( Red Vertical Line )
2/ after that MACD DC, Nasdaq continued his downtrend but the dip started to be lighter for 15 Months. (Orange Vertical Line)
3/ The Storm was over in 2002 and Nasdaq started a consolidation to prepare his next parabolic move. ( Green Vertical Line )
The Tech Burst :
1/ The real dip happened already 12 months from now (Before MACD DC). ( Red Vertical Line )
2/ The MACD DC happened already 3+ months ago from now. ( Orange Vertical Line )
3 / We are still in a downtrend and not yet entered a recovery phase.
- What we can conclude is simple :
- When MACD Death Cross. The big dip is already behind us.
- Right now nothing is really different from 2000 in matter of TA, only the big numbers are different.
- " Mastering trading is anticipating movements, following the flow in real time means you are already late ".
Happy Tr4Ding !
PS : There's also something different in matter of time if u compare those charts. if you find it.. i will congratulate you !
US 100 - LONG
Break out point US100 at 20310 with first target at 20420, I think it will go up to 20925 before seeing a reversal. CAPITALCOM:US100
Nasdaq Market Review: 14-OCT-2024Good morning, everyone! Today's Nasdaq analysis is designed to educate and empower. Use these insights to refine your price action trading strategy.
