NAS100...Historically Bullish With Weekly Sell OpportunitiesNAS100 is and has continued to be a bullish instrument...what this means is that if you have entered on any LOW's on the bigger timeframes, you could have continued to hold forever and still be in profit despite the retracements on the smaller timeframes.
There have been great sells in recent times that have provided great profit opportunities, however that requires extreme skill and great patience.
While my bias is still towards the buy, I took a sell opportunity based on the fact that the price registered an all time high (ATH) on Friday June 7th, 2024)...This move will end with a HL on a timeframe bigger than the H1, hence creating another buy opportunity towards another ATH.
Friday's Sell entry was as follows:
Entry: 19105.3
TP: 18904.1
As always guys...I am not a signal service provider and there are trades that I will take an not post as time may not allow, so please do not look to me for guidance as to how I am entering or exiting...this is just for informational purposes only.
Important: NAS100 is always bullish, which means, I take Lows to Highs for buys and High to lows for sells.
Zig to Zag = Buys
Zag to Zig = Sells
#auberstrategy
#aubersystem
#whywewait
#zigzagtheory
#patience
You can check my video profile to see a visual explanation entitled "NAS100...The week Ahead 6/9 - 6/14/2024"
Stockmarketanalysis
AMD - Trading opportunity is almost there!Hello Traders and Investors, today I will take a look at AMD .
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Explanation of my video analysis:
The stock chart of Advanced Micro Devices (AMD) is looking quite interesting at the moment: A couple of months ago AMD broke out of a major symmetrical triangle formation, creating another rally of roughly +100%. But at the moment AMD also already corrected roughly -40% and is approaching a major confluence of support at the $125 level from which we could see another bullish reversal and rally.
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Keep your long term vision,
Philip (BasicTrading)
Nasdaq - Soon heading to $30.000?Hello Traders and Investors, today I will take a look at the Nasdaq .
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Explanation of my video analysis:
For more than a decade, the Nasdaq index has been trading in a rising channel formation with the last retest of the support trendline being back in the end of 2022. At the moment, Nasdaq is retesting the upper resistance trendline and if we actually see a breakout over the next 2 months, we might see a similar rally of +50% compared to the one which we saw back in 2020.
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Keep your long term vision,
Philip (BasicTrading)
DaVita (DVA) AnalysisLeading Dialysis Service Provider:
DaVita NYSE:DVA stands as a top kidney dialysis service provider in the U.S., demonstrating strong resilience post-COVID-19. CEO Javier Rodriguez emphasized the company's strengthened position and continued investments in staff and systems.
Expansive Market Potential:
With 40 million Americans affected by kidney disease, the dialysis market is valued at an impressive $100 billion. DaVita, as a major player, serves a significant portion of the 786,000 people requiring dialysis or transplants annually.
Financial Performance:
DaVita boasts a robust financial performance with a remarkable 53% Return on Equity (ROE) over the past five years, indicating effective value creation and investor capital management.
Investment Outlook:
Bullish Outlook: We are bullish on DVA above the $125.00-$126.00 range.
Upside Potential: With a target set at $195.00-$200.00, DaVita’s strong market position and impressive financial metrics suggest strong growth potential in this essential healthcare sector.
📊🩺 Stay tuned for promising investment opportunities with DaVita! #DVA #HealthcareServices 📈🔍
Avidity Biosciences (RNA) Analysis RNA Therapeutics Leadership:
Avidity Biosciences NASDAQ:RNA is at the forefront of RNA therapeutics with its innovative antibody-oligonucleotide conjugates (AOCs). Its lead candidate, Del-desiran (AOC 1001), targeting myotonic dystrophy type 1, is on the verge of a pivotal trial. Approval could significantly boost earnings.
Strategic Partnership:
Avidity's partnership with Bristol Myers Squibb, valued at up to $2.3 billion, focuses on cardiovascular targets, expanding their collaboration and enhancing the potential for groundbreaking treatments.
Clinical Milestones:
A major clinical update for AOC 1001 is expected by mid-2025. Success in this trial could validate Avidity’s platform and unlock significant value. Additionally, the company is developing treatments for Duchenne muscular dystrophy (DMD) and facioscapulohumeral muscular dystrophy (FSHD).
Investment Outlook:
Bullish Outlook: We are bullish on RNA above the $24.00-$24.50 range.
Upside Potential: With a target set at $34.00-$35.00, Avidity's innovative approach and diversified pipeline present significant growth potential.
📊🧬 Stay informed about Avidity Biosciences for promising investment opportunities! #RNA #Therapeutics 📈🔍
LIOC.N0000Staying above 50 DMA is a good sign for LIOC.
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
Taiwan Semiconductor - Unknown stock with trading potentialNYSE:TSM is one of the rather unknown stocks with an impressive market capitalization of 680 billion dollars.
Just a couple of months ago TSM finally broke above a major previous resistance level and confirmed the bullish triangle breakout. Momentum is quite strong so far so maybe we will never see the previous structure again. In this case there is no need to actually chase the all time high. However, a pullback might still be quite likely and this might present an interesting long opportunity in the future.
Levels to watch: $130, $100
Keep your long term vision,
Philip - BasicTrading
APPLE (AAPL)Apple's innovation shown in iPhone 14 is not likely enough to entice consumers to stretch their budgets in the current macroeconomic environment
40% of Warren Buffett portfolio still belongs to Apple?! for most people and traders I think its a slow asset class and like Tim Apple! sorry Cook ,Warren like to play safe too
Apple price showed a good reaction to 135 support and now heading to 149, for Scalpers breaking 150 resistance can be a good long opportunity and for investors AAPL still can back to 125$ levels so
there is no reason to fomo
Meta Platforms - Watch the earnings!Hello Traders and Investors, today I will take a look at Meta Platforms.
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Explanation of my video analysis:
For more than five years Meta Platforms has been trading in a reverse symmetrical triangle formation. We saw the last retest of support back in the end of 2022 which was followed by a decent rally of +450% towards the upside. At the moment Meta Platforms is retesting the upper resistance of the triangle formation so it is quite likely that we will see at least a short term rejection towards the downside.
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Keep your long term vision,
Philip (BasicTrading)
Dow Jones - All time high and 20% rally?Hello Traders and Investors, today I will take a look at the Dow Jones .
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Explanation of my video analysis:
For more than a decade, the Dow Jones has been trading in a rising channel formation. We had the first retest of support and resistance back in 2011 and ever since this was a massively profitable channel pattern. With the recent breakout above the $35.000 resistance level, the Dow Jones clearly looks like the next target is once again the upper resistance of the channel.
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Keep your long term vision,
Philip (BasicTrading)
Nvidia - Still a correction?Hello Traders and Investors, today I will take a look at Nvidia .
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Explanation of my video analysis:
Over the course of the past seven years, Nvidia stock has been trading in a pretty obvious rising channel formation. As we are speaking, Nvidia stock is approaching once again the upper resisance trendline. However this does not mean that we will see an immediate correction of -50%; it is rather important to monitor price action and wait for the right opportunity.
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Keep your long term vision,
Philip (BasicTrading)
Intel - Reversing to the upside!Hello Traders and Investors, today I will take a look at Intel .
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Explanation of my video analysis:
On the chart of Intel there are actually two major horizontal structure levels which you have to keep an eye on. First of all there is quite strong support at the $26 level and just a couple of months ago Intel rejected this support towards the upside. Vice versa there is resistance at the $44 level, always pushing price lower. As we are speaking Intel is also retesting a minor support so there is the chance to capitalize on a short term bounce.
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Keep your long term vision,
Philip (BasicTrading)
ASIR.N0000📈 Stock ASIR closed at 23.9 on 31/05/2024
🔹 Resistance Level: 25
🔹 200 EMA: 24.8
🔹 Last Friday's candle: Pin Bar
The recent pin bar candle suggests a potential reversal, with the 200 EMA acting as a significant resistance level at 24.8. Keep an eye on this stock as it approaches the 25 resistance level.
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
Intuitive Surgical (ISRG) Analysis Market Leadership:
Intuitive Surgical NASDAQ:ISRG , the leader in robotic-assisted surgery with its da Vinci system, is poised for substantial growth. The increasing adoption of robotic surgeries, currently under 5% of potential procedures, presents a significant opportunity. Additionally, the aging global population boosts demand for minimally invasive surgeries, favoring Intuitive Surgical's market position.
Analyst Projections:
Analysts project a median upside of 13% to 25% over the next year. For investors seeking steady returns and a strong healthcare business with a solid competitive moat, ISRG is an excellent choice.
Investment Outlook:
Bullish Outlook: We are bullish on ISRG above the $350.00-$355.00 range.
Upside Potential: With a target set at $540.00-$550.00, key growth drivers include the ongoing adoption of robotic surgeries and favorable demographic trends.
📊🤖 Monitor Intuitive Surgical for promising investment opportunities! #ISRG #RoboticSurgery 📈💼
Alibaba - Don't forget chinese stocks!Hello Traders and Investors, today I will take a look at Alibaba.
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Explanation of my video analysis:
Back in 2020 Alibaba stock created a textbook breakout of an ascending triangle formation which was followed by more continuation towards the upside. Then Alibaba stock topped out in 2021 and we saw a massive decline of -80% from the previous highs. At the moment Alibaba is still in a very bearish market but there is a chance that we will see a reversal in the near future.
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Keep your long term vision,
Philip (BasicTrading)
Tesla - Triangle and -33% drop!Hello Traders and Investors, today I will take a look at Tesla .
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Explanation of my video analysis:
With Tesla stock breaking above previous resistance in 2019 and coming back to retest it in 2020, this stock then took off and created one of the most insane rallies which I have ever seen. At the moment though, Tesla is consolidating in a descending triangle formation and there is a high chance that Tesla will again come back to retest the lower support at $110 for a third time.
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Keep your long term vision,
Philip (BasicTrading)
💻💡 GigaCloud Technology (GCT) Analysis 📊🔍Strategic Acquisitions:
GigaCloud Technology NASDAQ:GCT , a B2B e-commerce solutions provider, recently completed two significant acquisitions: Noble House Home Furnishings' assets for $85 million and Wondersign, a digital signage company, for $10 million. These strategic moves are expected to significantly enhance GigaCloud's revenue and margins.
Leadership Highlights:
CEO Larry Wu emphasized the company's adaptability and strong profitability. Notably, GigaCloud Marketplace's gross merchandise volume surged by 40.8% year-over-year to $684.8 million. Active buyers increased by 9.6%, and spend per buyer rose by 28.5% to $148,793.
Investment Outlook:
Bullish Outlook: We hold a bullish stance on GCT above the $29.00-$30.00 range.
Upside Potential: With a target set at $58.00-$60.00, investors should closely monitor key performance indicators such as growth in merchandise volume and the successful integration of acquisitions.
📈💻 Stay informed about GigaCloud Technology's progress for potential investment opportunities! #GCT #EcommerceSolutions 📊🔍
🍔📈 Shake Shack (SHAK) Analysis 🌍🔍Strong Performance:
Shake Shack NYSE:SHAK , a growing restaurant chain, ended 2023 on a high note with successful sales strategies and margin expansion. CEO Randy Garutti highlighted the opening of 41 new U.S. restaurants and 44 international locations, including in Thailand and the Bahamas. Despite inflationary pressures, same-store sales saw a 2.8% year-over-year increase.
Expansion Potential:
With the Federal Reserve potentially maintaining or lowering interest rates, Shake Shack could see further expansion in 2024. With 518 locations (334 in the U.S.) at the end of 2023, there is significant growth potential. While it may not reach the size of McDonald's, it could approach Five Guys' nearly 1,500 U.S. locations, potentially quadrupling its current count.
Investment Outlook:
Bullish Outlook: We are bullish on SHAK above the $87.00-$88.00 range.
Upside Potential: With an upside target set at $145.00-$150.00, investors should monitor sales growth and expansion efforts as key performance drivers.
📊🍔 Keep a close watch on Shake Shack's growth for promising investment opportunities! #SHAK #RestaurantGrowth 🌍📈
NASDAQ (US100): Possible scenarios NASDAQ is the strongest index in comparison to S&P500 and Dow Jones.
If the price wants to move lower, it should stay below the inversion, if it happens then we can target the previous week's low and sell-side liquidity, but if the price breaks the inversion we will see the new all-time high again.
💡Wait for the update!
🗓️27/05/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
Nvidia - Earnings, Channel, $1.000!Hello Traders and Investors, today I will take a look at Nvidia .
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Explanation of my video analysis:
If you are objectively looking at the stock chart of Nvidia, you can see that Nvidia is currently trading in a solid rising channel formation. But as we are speaking, Nvidia is retesting the upper resistance and considering that we just saw a rally of +700% without any real correction, it is quite likely that we will see at least a short term bearish rejection from here.
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Keep your long term vision,
Philip (BasicTrading)
Trading Insight: Bombay Burma (NSE: BBTC) SharesI always use a 200-period EMA and RSI with a 200-period. An RSI above 50 indicates bullish strength in the EMA. Let's analyze Bombay Burma (NSE: BBTC) shares. Based on the chart and the April 25, 2024, closing price of 1578.90 , the best buy is below 1553 . The stop loss is set at 1321.60 , with a probable target of 2107.00 . This setup offers a risk-reward ratio of nearly 1:2.40.