arent we all glad we reinvested early in semiconductors? i sure am. the short semiconductor etf is going completely insane. expect that to continue. if you look at the 5 minute you can see we are poised for breakout. we will probably go outside upper envelope, swing back to value area low before moving higher. i dont see anything thats going to stop the total...
i think this ones pretty simple. we can get whatever kind of home price report feasible, and the result is technical daily continuation to the downside. this can go one of two ways; bad, and worse.
no really, this thing is set to roar. big rigs, big pigs, young hogs and motor fog. letterr rrrrrrip! were down near the bottom of the envelope, were way oversold, and the sectir is acting defensively in rotation with a bear market. id like to revisit the top of this rectangle and then dump again 🤷
this bounce in tech is kicking off the morning, but its not rocketing to new highs, and in this macro environment im not changing from bear bias totale. i will consider 4hr longs taking profit into pivot or upper smart money concepts profile area resistance. remember to reenter short on bear momo.
i have seen the major sectors, and major blue chip stocks, there charts, based on there current positions, and those particualr sectors and stocks's weightage, i have come up with nifty's shorting. NIFTY WILL FALL ABOUT 2.5-3%. since its been a little overvalued, it needs to get a correction. now recently it gave its ATH, and a pullback from it, there on, its...
if we continue this bear reversal in biotech labd may cross signal and estimate bull and reach for upper envelope in a reverse head and shouldern pattern. if we carve a path higher in major indices i expect biotech to follow.
What Is Sector Rotation? Investors are always looking for opportunities to boost returns and reduce risk in their portfolios. One way to do this is by understanding and utilizing sector rotation. In simple terms, sector rotation is the process of moving money from one sector to another. In order to take advantage of positive market trends investors will want to...
prepared for different scenarios but overall continuing bear for biotech. this sector is going to get hit hard from annual plans for labs, and whether we hit top of envelope first or revisit bottom sooner were still in an overall end of bullish corrective phase from bear market leaving lows open for test.
Hello traders and investors, today we will talk about two technology stocks GOOGLE and META (Fcebook), which can be finishing final 5th wave from Elliott wave perspective. As you can see, technology sector suffered the most in the last year, but what is interesting is that both GOOGLE and META can be now finishing a five-wave cycle from the highs. In Elliott wave...
Hello Folks, Seems like Energy Sector is attractive right now. Looking at many European companies (Producers and Electricity Suppliers) could reveal interesting bets for mid-term // or several months during Winter. ENEL is one of Such companies. Need to dig deeper into Fundamentals. BUT for now considering Technical Analysis of Chart. Seems like Stock is down...
nifty is at a very crucial movement. till 16th sept, nifty will cross 18000 target. and till that time nasdaq, dow jones and s&p will also complete the 3rd wave of bull run(i will provide the link below of the same). after that a small correction(4th wave), and then the finally wave which will make the nifty to reach its highest point all time, and based on the...
an exodus in energy that has been expected as the price of oil could drop significantly may express itself as a short squeeze in DRIP. if we find a weekly higher low i would imagine holding the pivot price and aiming for upper horizontals is logical. if we fall beneath that pivot as resist areas above where a higher low could be set (the 62% retracement area) i...
xbi is displaying strength on the daily as far as qqe and sss strategies are concerned. if we stay above pivot im targeting upper horizontals as rising 4hr triangle could bull pennant, and if we fall beneath that pivot resisting from rising 4hr triangle i would target lower horizontals.
Hi traders, The consumer sector has been in a sharp decline in recent days and we have a trading idea in AGRX for further declines. AGRX tried to move up and failed, broke the support level yesterday, and is now trading below it. Our idea is to take AGRX if it breaks the $ 1.97 price for further declines to the $ 1.5 range.
The worst may not be over. A 8% inflation is very hard to fight even with monetary & fiscal policy because the FED could only control the demand side & not the supply side of inflation. With the FED making it very clear that it wont stop until inflation comes down, we may be seeing aggressive rate hikes leading to layoffs & demand destruction in the near future &...
Be ready for big target in Maruti Eliot wave analysis is done. If we consider the 2nd wave is completed then be ready for 3rd wave which is the longest in wave analysis. Be ready for big target in Maruti Eliot wave analysis is done. If we consider the 2nd wave is completed then be ready for 3rd wave which is the longest in wave analysis. Be ready for big target in...
First noticed this when I was scouting $ABR as a potential candidate for puts. I was looking for H&S setups, and liked the look of it. If you look at $ABR chart (daily or weekly) I imagine you'll see what I mean. Looks like we're peeling off the 20MA on the 1D to the downside. (Earnings are tomorrow, as a heads up) But yes, this led me to look at other names in...