Micron Technology - The Textbook Chart!Micron Technology ( NASDAQ:MU ) is retesting massive support:
Click chart above to see the detailed analysis👆🏻
For the past seven year, Micron Technology has been respecting a pretty clear rising channel pattern. With the recent all time high breakout, it is very likely that this level is now holding as support and we will eventually see a rejection and new all time highs.
Levels to watch: $90, $180
Keep your long term vision,
Philip (BasicTrading)
Stocks
DeepSeek AI | TechStocks Crash | NVIDIA down -17%On Monday (yesterday), Wall Street reacted wildly with the release of Chinese AI app DeepSeek.
Throughout the day, roughly 1 Trillion US Dollars was wiped from the stock market, largely from chip and tech stocks suck as Nvidia which caused a larger sell-off.
OpenAI CEO Sam Altman called it an "impressive model" and POTUS Donald Trump said that it should be a "wakeup call for our industries".
The bright side of this, is that there can be some excellent entry points found across the market after the sell-off.
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NASDAQ:NVDA
SCHW's Weekly Pour: A Cup, a Handle, and a Bullish Refill?Been tracking SCHW, and this chart is shaping up to be something big—potentially a breakout from a range that’s been developing since early 2022. Price is pressing up against key resistance around $95-$100, and a clean break above this level could confirm a multi-year breakout, opening up the possibility of a much larger trend move. With Fibonacci extensions lining up at $150 and $200, this could be one of those slow-burn setups that eventually pays off in a big way. Let’s break it down.
Fibonacci Extensions and Multi-Year Price Targets
The way this chart is structured, $95-$100 is the final boss. If price convincingly clears that level, it breaks a massive range that’s been in place for over two years. If that happens, $150 (the 161.8% Fib extension) and $200 (the 261.8% extension) are the next major upside targets. These aren’t short-term price points—this is the kind of move that could play out over multiple years. But historically, when a stock coils for this long and then breaks out, the measured move potential is huge.
Moving Averages and Long-Term Trend Shift
Right now, we’ve got price trading above both the 50-week and 200-week moving averages, signaling that momentum has already started to shift. The 50-week MA is curling upwards, and if we see it hold above the 200-week, that would mark a long-term trend shift that typically aligns with sustained upside moves.
Mapping Out the Breakout Scenarios
If we do get a breakout, here’s how I see it playing out:
1️⃣ Break Above $100 → Multi-Year Uptrend Begins – A confirmed break and hold above $100 shifts the entire structure bullish, setting up an eventual run to $150 and possibly $200 over the next couple of years. This would be the full resolution of the pattern that has been developing since early 2022.
2️⃣ Rejection at $95-$100 → Pullback Before Breakout – If price gets stuffed at resistance, we could see a pullback to the $75-$80 zone before another breakout attempt later in 2025. This would act as a final shakeout before the bigger move.
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All eyes on $95-$100. That’s the level that determines whether this just grinds sideways for another year or finally starts a major new uptrend. If it breaks, we’ve got a clear roadmap to $150 and $200 in the coming years.
Curious if anyone else is watching this. Are we about to see the start of something big, or is there one more fakeout before the real move?
Not financial advice. Just charting things out. Let’s see what happens.
APPLE Strong buy on the 1D MA200 targeting $260.Apple Inc. (AAPL) has been trading within a 2-year Channel Up and the recent correction since the December 26 All Time High (ATH) is its technical Bearish Leg. The price posted a strong rebound yesterday following a test of the 1D MA200 (orange trend-line), the first such contact since May 08 2024.
With the 1D RSI touching the oversold barrier (30.000) and rebounding, this is technically a strong buy opportunity at least for the medium-term, as it's not a direct Higher Low of the Channel Up.
Since December already completed a +59% rise from the April 19 2024 Low, we might be having technically a medium-term rebound similar to the October 26 2023 one that re-tested the High's Resistance (at the time). As you can see both corrections have hit the 0.618 Fibonacci level.
As a result, we treat this as a solid buy opportunity to target $260.
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NVIDIA (NVDA): DeepSeek’s AI Shakeup Sends Nvidia PlummetingNvidia is down an astonishing 15% in just a few hours. The primary driver? Fundamentally, the announcement of Chinese startup DeepSeek has sent shockwaves through the market. This previously unknown company reportedly holds a significant number of Nvidia chips and claims to have developed an AI superior to ChatGPT with just a $6 million investment. This disrupts the entire tech landscape, as companies like Google and others are pouring billions into AI research and development. The news casts doubt on the competitive edge of industry giants, and Nvidia is caught in the crossfire, given its strong ties to AI development and chip demand.
From a technical perspective, Nvidia recently respected the upper boundary of its volume profile but failed to break above it—a likely factor contributing to this sell-off, though the DeepSeek announcement remains the major catalyst. The price has now dropped back to the Point of Control (POC) at $120, leaving a significant gap behind.
While a complete gap fill would be surprising in the short term, it’s not out of the question. However, we’re not looking to catch a falling knife here. Given the uncertainty around potential developments with DeepSeek, caution is important.
Our current plan is as follows: We are keeping the stop-loss for our first position at $114.50 to limit risk. A second entry is being considered in the range between $111 and $106.70, as this aligns well with both the wave ((ii)) structure and the volume profile.
This plan is not yet finalised, as we’re closely monitoring how the situation unfolds. For now, patience is key, given the volatility and the ongoing uncertainty.
Technical Analysis on SBC Medical Group (28/01/2025)Neutral Outlook with Key Support at 5.00–5.08
Price Action Analysis
SBC Medical Group Holdings Incorporated (NASDAQ: SBC) is currently trading at 5.08 on the day. Over the past week, the stock has shown consolidation within a narrow range of
5.02–5.13, reflecting a balance between buyers and sellers. The 1-hour chart highlights a lack of decisive momentum, with prices hovering near the $5.08 level, suggesting short-term indecision in the market.
Immediate Support: The 5.00–5.02 zone has emerged as a critical floor, with the stock rebounding from this level multiple times in recent sessions. A sustained break below $5.00 could signal bearish pressure.
Resistance: The upper boundary lies at 5.08–5.13, where the stock has faced selling interest. A close above 5.13 level may retest the previous high in November levels.
Trading volume remains subdued, averaging between 33,950–38,980 shares, consistent with consolidation phases. The absence of significant volume spikes indicates limited institutional participation and reinforces the neutral near-term bias.
While momentum indicators like the Relative Strength Index (RSI) are not explicitly provided, the sideways price action suggests a neutral RSI reading (near 50), aligning with the lack of overbought or oversold conditions.
SBC’s price action reflects a “wait-and-see” approach among market participants. For now, the stock appears anchored near its 5.08 pivot point level. Traders may consider range-bound strategies (e.g., buying near 5.02) until a breakout occurs.
Nightly $SPX / $SPY Predictions for 1.28.2024🔮
📅 Tue Jan 28
⏰ 10:00am
📊 CB Consumer Confidence: 105.9 (prev: 104.7)
💡 Global Events:
🚩 China PMI: Key manufacturing data impacting global growth.
🍵 U.K. Business Report: Updates on investments and pensions.
📊 Earnings: GM and LMT pre-market results.
💡 Market Insights:
📈 GAP ABOVE HPZ:
A further gap up would lead to it holding for a little, then chopping near the EEZ.
📊 OPEN WITHIN EEZ:
Breakout to the EEZ, make a higher push, and round out the top.
📉 GAP BELOW HCZ:
Due to the ongoing momentum, we will get a slight recovery but still drop and chop back down into the lower range.
#trading #stock #stockmarket #today #daytrading #charting #trendtao
NVIDIA: Crashed on the 1D MA200 after 2 years. Last stand.NVIDIA is approaching oversold valuations on its 1D technical outlook (RSI = 35.351, MACD = -0.820, ADX = 27.301) following the DeepSeek news and breached its 1D MA200 for the first time in 2 years. It was January 13th 2023 when we last saw the price trading on this trendline. The 1W MA50 is just a click under and there is no other way to put it than this being NVDA's last hold. The stock is at -23% from its ATH and the pattern that has to hold in order to provide an immediate rebound is the Megaphone whose LL trendline we just hit today. As long as this holds and the 1D RSI starts reversing near the oversold level, NVIDIA should technically test the 153.00 Resistance in a month or so. Failure to hold this pattern and a weekly candle closing under the 1W MA50, may result in a bubble burst and test of the 101.50 and 91.50 support levels.
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US500 - Short-Term Pain!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈US500 has been in a correction phase and it is currently approaching the lower bound of the blue channel.
Moreover, the blue zone is a strong demand and structure.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #US500 approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
If the blue intersection is broken downward, a deeper correction towards the green intersection would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Spire Global, Inc. (SPIR) AnalysisCompany Overview:
Spire Global, Inc. NYSE:SPIR is a leader in satellite-powered data and analytics, offering actionable insights for industries such as agriculture, maritime, and energy. Its innovative solutions and strong market presence position Spire as a key player in leveraging space technology for solving critical challenges.
Key Catalysts:
Record Bookings and Demand Growth:
Spire achieved record Q3 2024 bookings of $40 million, reflecting strong customer demand for its satellite-powered analytics solutions.
Continued growth in industries like climate monitoring and supply chain optimization underscores Spire’s market relevance.
Strategic NASA Partnership:
A contract with NASA to deploy wildfire-detecting satellites highlights Spire’s leadership in addressing environmental challenges.
Plans to launch eight satellites by 2025 further strengthen its environmental solutions portfolio.
Maritime Business Sale:
The $241 million sale of Spire’s maritime business allows the company to:
Retire all outstanding debt, significantly improving its financial stability.
Focus resources on high-growth opportunities like space-based data analytics and environmental applications.
Investment Outlook:
Bullish Case: We are bullish on SPIR above the $15.50-$16.00 range, driven by its innovative solutions, increasing demand, and strengthened financial position post-maritime business sale.
Upside Potential: Our target for SPIR is $26.00-$27.00, supported by its NASA partnership, continued booking momentum, and focus on tackling global challenges with satellite technology.
🚀 SPIR—Transforming Insights with Space-Powered Innovation. #SpaceTech #SatelliteData #Innovation
Oklo Inc. (OKLO) AnalysisCompany Overview:
Oklo Inc. NYSE:OKLO is at the forefront of the clean energy revolution, specializing in compact nuclear reactors designed for efficiency and scalability. Its innovative solutions position it as a transformative player in addressing the global demand for clean, reliable energy.
Key Catalysts:
Landmark Partnerships:
Switch Partnership: A deal to supply 12 gigawatts of nuclear power highlights Oklo’s leadership and demonstrates its capacity to scale operations, significantly boosting its revenue potential.
RPower Memorandum: Supporting data centers, a rapidly growing market, Oklo expands into industries with high energy demands, further solidifying its presence in strategic high-growth markets.
Robust Order Book:
With 14 gigawatts of secured orders, Oklo demonstrates strong market demand and a clear path toward sustained growth and market leadership in advanced nuclear energy solutions.
Market Potential & Expansion:
Oklo’s compact nuclear technology offers cost-effective, carbon-free energy, positioning it to capitalize on global trends toward decarbonization, increased data center energy needs, and clean energy mandates.
Investment Outlook:
Bullish Case: We are bullish on OKLO above the $31.00-$32.00 range, driven by strong partnerships, robust order growth, and expanding applications for its technology.
Upside Potential: Our target for OKLO is $60.00-$61.00, supported by its innovative solutions, increasing market adoption, and entry into high-demand sectors like data centers.
🚀 OKLO—Powering a Clean Energy Future with Innovation and Scalability. #NuclearEnergy #CleanTech #Innovation
Nightly SPX/SPX/SPY Predictions for 1.27.2024🔮
📅 Mon Jan 27
No major U.S. data
🌍 Global Watch: ECB signals 2025 rate cuts (25–50 bps expected).
📅 Tue Jan 28
⏰ 10:00am ET
📊 CB Consumer Confidence: 105.9 (prev: 104.7)
🌍 Global Watch: Eurozone inflation rises to 2.4% (stagflation risks).
📅 Wed Jan 29
⏰ 2:00pm ET
📊 Federal Funds Rate: 4.50% (prev: 4.50%)
📜 FOMC Statement
⏰ 2:30pm ET
🎙️ FOMC Press Conference
🌍 Global Watch: ECB downgrades 2025 GDP to 1.1% (Germany recession).
📅 Thu Jan 30
⏰ 8:30am ET
📊 Advance GDP q/q: 2.7% (prev: 3.1%)
📊 Unemployment Claims: 221K (prev: 223K)
🌍 Global Watch: ECB rate decision (25–50 bps cut expected).
📅 Fri Jan 31
⏰ 8:30am ET
📊 Core PCE Price Index m/m: 0.2% (prev: 0.1%)
📊 Employment Cost Index q/q: 0.9% (prev: 0.8%)
🌍 Global Watch: Eurozone Q4 GDP forecast: 0.3–0.4% (spillover risk).
💡 Market Insights:
📈 GAP ABOVE HPZ:
A further gap up would lead to it holding for a little, then dropping back down into the EEZ.
📊 OPEN WITHIN EEZ:
Hard to move up higher, so will slowly chop down to the Cushion levels.
📉 GAP BELOW HCZ:
Due to the ongoing momentum, we will get a slight recovery but still drop and chop back down into the lower range.
#trading #stock #stockmarket #today #daytrading #charting #trendtao
Sell, Hold, or Hope? Netflix Approaches $1000Hi,
Looking at Netflix's historical price behavior around psychological round numbers ($100, $500), we see a pattern that indicates it might be a good idea to lock in some profits at these levels.
Why?
- Round numbers often act as psychological barriers where prices tend to consolidate or range for a while, limiting further growth.
- There's a significant chance of a correction, especially after a strong rally like the one we've seen recently.
Both of these scenarios suggest it's worth considering taking some money off the table. One thing is for sure: please avoid letting FOMO influence your decisions at these prices - don't buy it at the moment. There will be better changes, just be patient enough!
Historical Examples of Psychological Round Numbers
$100 Level (2015-2016)
In July 2015, Netflix approached the $100 level. While it did show some upward movement, the price largely ranged around this area until late 2016. It was stuck for months, offering limited returns for those who didn't react.
$500 Level (2021-2022)
Around $500, Netflix once again demonstrated the same behavior. For about a year, the stock did little more than range around this level. This shows how powerful round numbers can be as areas of stagnation.
Current Major Level: $1000
While Netflix has surpassed previous round numbers, $1000 is shaping up to be the most significant psychological level yet. The rise to this point has been enormous, and history suggests that sooner or later, a correction is likely.
If you're not prepared to hold through a potential correction or consolidation, the current price levels might be an ideal time to lock in profits. Long-term holders who stick to their thesis might choose to ride this out, the choice is yours. However, for mid-term investors, locking in some gains here could be a wise move!
"Sell, Hold, or Hope?"
Let's say in that way - I hope that some holders will sell around current prices! ;)
All the best,
Vaido
Tesla (TSLA) at a Crossroads – Big Move Coming?TSLA is stuck in a consolidation phase around $406 , with a key decision point ahead! 📊
🔍 What’s happening?
The stock is hovering inside a tight range (orange zone) , struggling to break out.
Momentum is cooling off, but a breakout could trigger the next big trend!
⚡ Scenarios to watch:
📈 Bullish: A breakout above $425 could open the door to $475+ – clear skies ahead! 🚀
📉 Bearish: If support fails, we might see a drop toward the $350-$375 zone. 📉
🔥 Eyes on the prize! Will bulls take charge, or is a deeper pullback coming? Let me know your thoughts in the comments! 👇
AFG INTEREST!BYBIT:AFGUSDT
I'd appreciate if someone could give me more of an insight on what the future holds for this coin wether i should leave a % on after my initial trade for the long run but just need more clarification on what the visions are for this company. COMMENT BELOW
For now, the respectful price of succeeding in the trade is approx. 0.006177..
It does look great to go in now but "If it looks good, Don't do it."
Bitcoin struggles to break through Dec 17 daily close. In this video I discuss how Bitcoin could not break through the high from Dec 17 close ($106,187), and how that has been a significant resistance level even though Bitcoin has traded higher intraday, it has not been able to close above that level.
Boeing (BA): Is Boeing Finally Breaking the Bearish Trend?Boeing has faced significant challenges since March 2020, and when zoomed out, the stock has been trading in a well-defined range between $265 (range high) and $120 (range low), with the mid-range at $192. These levels have been respected repeatedly. From an Elliott Wave perspective, starting the count from the COVID low, we’ve observed consistently deep wave 2 corrections. Following the recent low of $138 in November 2023, we believe Boeing has broken the bearish trend that began in December 2022, signaling a trend reversal.
Currently, we anticipate the completion of the very minor wave (i) soon, followed by wave (ii) correction between the 61.8% and 88.2% Fibonacci retracement levels. To safeguard against Boeing’s historically deep corrections, we are placing the stop-loss slightly below 100% of wave 2.
Looking ahead, the wave structure suggests that Boeing could eventually break out of this long-standing range. For now, the focus is on reclaiming and holding the mid-range level at $192. Our target in this setup is to reach $265 (range high), but it is crucial to first see the mid-range flipped into support.
Key Levels:
Support: $147
Resistance: $192