KPI GREEN Stock Plummets – All Short Targets Smashed in 15-MinKPI GREEN Stock Technical Analysis:
KPI Green on the 15-minute timeframe has completed its short trade with a clear break below the Risological dotted trendline, and all targets have been successfully hit.
Key Levels:
Entry: 811.55
Stop Loss (SL): 820.70
Target 1 (TP1): 800.25
Target 2 (TP2): 782.00
Target 3 (TP3): 763.75
Target 4 (TP4): 752.50
Observations:
The price respected the resistance offered by the Risological trendline and steadily declined.
Bears are in control, with the stock making lower highs and lower lows throughout the session.
The short trade played out perfectly for KPI Green, hitting all predefined targets. Watch for potential consolidation or further breakdown below TP4 for more opportunities.
Stocks
CHEVRON Ideal sell at the top of the 2-year Channel Down.Chevron (CVX) has been trading within a long-term Channel Down since the November 14 2022 High (almost 2 years). The price is currently on a 4 week rejection streak on the 1W MA50 (blue trend-line) but despite the selling pressure, it closes every 1W candle flat, refusing to decline.
This is most likely the same accumulation/ pull-back phase that the previous two Bullish Legs went through upon testing the 1W MA50. They both eventually broke it and peaked at the top of the Channel Down.
We expect a similar peak within the 1W MA100 (green trend-line) and the 1W MA50. Once the 1W RSI also peaks and starts reversing (red arc), we will sell and target 132.00 (just above the 1.236 Fibonacci extension).
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BIG POST! | How To Beat SP500?
S&P 500 Performance: +35% since 2022.
My Selected Portfolio Performance: +62%, with an 82% hit rate.
Top Performing Stocks: NVDA (+735%), ANET (+343%), META (+209%), and more.
Technical Analysis Tools Used: Price action, trendlines, Fibonacci levels, round numbers, and more.
It’s been nearly three years since I posted my analysis of S&P 500 stocks on February 23, 2022. Back then, I reviewed all 500 stocks, applied some quick technical analysis, and identified 75 stocks that stood out for me. Importantly, I relied solely on technical analysis to make my picks. Fast forward to today, and the results speak for themselves. Most of these selections have significantly outperformed the broader market, proving the power and importance of technical analysis.
While many investors rely solely on fundamentals, technical analysis brings a dynamic edge that’s often underestimated. By focusing on price action and market behavior, technical analysis allows us to spot opportunities that others might miss, especially it gives a massive psychological edge while the markets are making corrections. The market doesn't care what you know, the market cares what you do!
Here’s what I used for my analysis:
It's kind of pure price action - previous yearly highs, trendlines, a 50% retracement from the top, round numbers, Fibonacci levels, equal waves, and channel projections. For breakout trades, determined strong and waited for confirmation before pulling the trigger.
The Results
While the S&P 500 has gained around 35% over this period , my selected stocks from the same list have made +62%! Out of the 75 stocks I picked, 67 have hit my target zones and 54 are currently in the green. That’s an 82% hit rate, and for me, that’s a good number!
Now, for those who favor fundamental analysis, don’t get me wrong, it has its place. But remember, fundamentals tell you what to buy, while technicals tell you when to buy - to be a perfect investor, you need them both. You could hold a fundamentally strong stock for years, waiting for it to catch up to its "true value," while a technical analyst might ride multiple trends and capture far superior returns during that same time. Also, the opposite can happen – you may see a great technical setup, but if the fundamental factors are against it, you could end up with your money stuck in a bad trade.
To put these ideas in perspective, starting with a simulated portfolio of $76,000, where each stock had an equal investment of around $1,000–$1,100, the portfolio is now worth around $124,000. The results are based on buying at marked zones and holding until today. I calculated entries from the middle of the target zone, as it’s a more realistic and optimal approach compared to aiming for perfect lows (which, frankly, feels a bit scammy) to get much(!) higher returns. This method reflects real-world trading.
Before we dive in, here are the current Top 5 stocks from My Picks:
NVDA: +735%
ANET: +343%
TT: +227%
META: +209%
LEN: +164%
These numbers demonstrate the effectiveness of a solid technical strategy. Many say it's tough to beat the market with individual stock picks, but these results show it’s not just possible, it’s absolutely achievable with the right tools and approach.
Now, let's dive into the charts!
1. Apple (AAPL) - a load-it-up type of setup has worked out nicely. Used previously worked resistance levels. If the stocks performing well and the market cap is big enough then these levels can help you to get on board.
Current profit 65%
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After:
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2. Adobe (ADBE) - came down sharply, but the price reached the optimal area and reversed.
Current profi 38%.
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3. Advanced Micro Devices (AMD) - round number, strong resistance level becomes support and the climb can continue.
Current profit 101%
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4. Amazon (AMZN) - came down from high prices to the marked levels and those who were patient enough got rewarded nicely.
Current profit 66%
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5. Arista Networks (ANET) - retest of the round nr. worked perfectly, as a momentum price level, after the strong breakout.
Current profit 343%
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6. Aptiv PLC (APTV): Came down quite sharply and it will take some time to start growing from here, if at all. The setup was quite solid but probably fundamentals got weaker after the all-time high.
Current loss -24%
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7. American Express (AXP) - firstly the round nr. 200 worked as a strong resistance level. Another example is to avoid buying if the stock price approaches bigger round numbers the first time. Came to a previous resistance level and rejection from there…
Current profit 104%
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8. Bio-Rad Laboratories (BIO) - in general I like the price action, kind of smoothly to the optimal zone. It might take some time to start growing from here but also fundamentals need to look over.
Current loss 6%
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9. BlackRock (BLK) - kind of flawless. All criteria are in place and worked perfectly.
Current profit 81%
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10. Ball Corporation (BALL) - a perfect example of why you should wait for a breakout to get a confirmed move. No trade.
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11) Berkshire Hathaway (BRK.B) - Buy the dip. Again, as Apple, a big and well-known company - all you need to do is to determine the round numbers, and small previous resistances that act as support levels, and you should be good.
Current avg. profit from two purchases 64%
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12) Cardinal Health (CAH) - the retest isn't as deep as wanted but still a confirmed breakout and rally afterward. Still, the bias was correct!
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After:https://www.tradingview.com/x/83OmlWuv/
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13) Ceridian HCM Holding (DAY) - found support from the shown area but not much momentum.
Current profit 20%
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14) Charter Communications (CHTR) - technically speaking it is a quite good price action but kind of slow momentum from the shown area. Probably came too sharply and did not have enough previous yearly highs to support the fall.
Current loss -10%
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15) Comcast Corp. (CMCSA) - got liquidity from new lows, pumped up quickly, and is currently fairly solid.
Current profit 10%
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16) Cummins (CMI) - got rejected from 2028 and 2019 clear highs, fairly hot stock, and off it goes.
Current profit 80%
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17) Salesforce.com (CRM) - perfect. 50% drop, strong horizontal area, and mid-round nr did the work.
Current profit 83%
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18) Cisco Systems (CSCO) - worked and slow grind upwards can continue.
Current profit 30%
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19) Caesars Entertainment (CZR) - not in good shape imo. It has taken too much time and the majority of that is sideways movement. Again, came too sharply to the optimal entry area.
Current loss -16%
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20) Devon Energy (DVN) - inside the area and actually active atm. Still, now I’m seeing a bit deeper correction than shown.
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21) Electric Arts (EA) - 6 years of failed attempts to get a monthly close above $150 have ended here. It got it and we are ready to ride with it to the higher levels.
Current profit: kind of BE
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22) eBay (EBAY) - it took some time but again, worked nicely.
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23) Enphase Energy (ENPH) - got a breakout, got a retest, and did a ~76% rally after that! If you still hold it, as I do statistics, then…
Current loss -59%
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24) Expeditors International of Washington (EXPD) - kind of worked but didn't reach. No trade.
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25) Meta Platforms (META) - the bottom rejection from the round number $100 is like a goddamn textbook :D At that time 160 and 200 were also a good area to enter. Here are several examples of the sharp falls/drops/declines - watch out for that, everything should come fairly smoothly. Still, it ended up nicely and we have a massive winner here...
Current profit 209%
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26) FedEx (FDX) - I love the outcome of this. Very solid price action and multiple criteria worked as they should. Perfect.
Current profit 60%
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27) First Republic Bank (FRC) - firstly got a solid 30 to 35% gain from the shown area but...we cannot fight with the fundamentals.
Current loss 99%
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28) General Motors (GM) - finally found some liquidity between strong areas and we are moving up.
Current profit 47%
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29) Alphabet (GOOG) - load it up 3.0, a good and strong company, and use every previous historical resistance level to jump in.
Current avg. profit after three different price level purchases 63%
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30) Genuine Parts (GPC) - coming and it looks solid.
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31) Goldman Sachs (GS) - really close one.
Current profit 86%
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32) Hormel Foods (HRL) - quite bad performance here. Two trades, two losses.
The current loss combined these two together is 35%
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33) Intel (INTC) - at first perfect area from where it found liquidity, peaked at 65%. Still, I make statistics if you still holding it then…
Current loss -21%
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34) Ingersoll Rand (IR) - beautiful!
Current profit 144%
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35) Intuitive Surgical (ISRG) - the trendline, 50% drop, strong horizontal area. Ready, set, go!
Current profit 157%
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36) Johnson Controls International (JCI) - second rest of the area and then it started to move finally..
Current profit 55%
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37) Johnson & Johnson (JNJ) - Buy the dip and we had only one dip :)
Current profit 13%
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38) CarMax (KMX) - the area is strong but not enough momentum in it so I take it as a weakness.
Current profit kind of BE
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39) Kroger Company (KR) - without that peak it is like walking on my lines
Current profit 15%
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40) Lennar Corp. (LEN) - strong resistance level becomes strong support. Beautiful!
Current profit 164%
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41) LKQ Corp. (LKQ) - just reached and it should be solid. Probably takes some time, not the strongest setup but still valid I would say.
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42) Southwest Airlines (LUV) - no breakout = no trade! Don’t cheat! Your money can be stuck forever but in the meantime, other stocks are flying as you also see in this post. If there is a solid resistance, wait for the breakout and possibly retest afterward! Currently only lower lows and lower highs.
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43) Las Vegas Sands (LVS) - channel inside a channel projection ;) TA its own goodness!
Current profit 70%
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44) Microchip Technology Incorporated (MCHP) - worked!
Current profit 37%
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45) Altria Group (MO) - got a bit deeper retest, liquidity from lower areas, and probably a second try..
Currently kind of BE
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46) Moderna (MRNA) - "seasonal stocks", again too sharp and we are at a loss…
Current loss -37%
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47) Morgan Stanley (MS) - the first stop has worked, and got some nice movements.
Current profit 62%
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48) Microsoft (MSFT) - Load it up 4.0, buy the dip has worked again with well-known stock.
Three purchases and avg. return from these are amazing 70%
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49) Match Group (MTCH) - it happens..
Current loss -53%
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50) Netflix (NFLX) - almost the same as Meta. Came quite sharply but the recovery has been also quick. Another proof is that technical analysis should give you a psychological advantage to buy these big stocks on deep corrections.
Current profit 153%
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51) NRG Energy (NRG) - Perfect weekly close, perfect retest…
Current profit 90%
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52) NVIDIA (NVDA) lol - let this speak for itself!
Current profit 735%
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53) NXP Semiconductors (NXPI) - usually the sweet spot stays in the middle of the box, and also as I look over these ideas quite a few have started to climb from the first half of the box. Touched the previous highs.
Current profit 74%
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54) Pfizer (PFE) - actually quite ugly, TA is not the strongest. Probably results-oriented but yeah..
Current loss -25%
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55) PerkinElmer - “after” is EUR chart but you get the point.
Current profit 25%
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56) Pentair (PNR) - worked correctly, 50% drop combined with the horizontal area, easily recognizable, and the results speak for themselves.
Current profit 124%
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57) Public Storage (PSA) - again, previous yearly highs and the trendline did the job.
Current profit 36%
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58) PayPal (PYPL) - the area just lowers the speed of dropping, but slowly has started to recover.
Current loss -14%
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59) Qorvo (QRVO) - slow, no momentum.
Current profit 10%
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60) Rockwell Automation (ROK) - previous yearly high again, plus some confluence factors.
Current profit 32%
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61) Rollins (ROL) - after posting it didn’t come to retest the shown area. Being late for a couple of weeks. Worked but cannot count it in, the only thing I can count is that my bias was correct ;)
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62) Snap-On Incorporated (SNA) - same story!
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63) Seagate Technology (STX) - firstly it came there! Look how far it was, the technical levels are like magnets, the price needs to find some liquidity for further growth and these areas can offer it. I like this a lot, almost all the criteria are in place there.
Current profit 73%
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After:
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64) Skyworks Solutions (SWKS) - one of the textbook examples of how trendline, 50% drop, round nr. and strong horizontal price zone should match. Still a bit slow and it will decrease the changes a bit.
Kind of BE
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65) TE Connectivity (TEL) - came down, and got a rejection. “Simple” as that.
Current profit 37%
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66) Thermo Fisher Scientific (TMO) - mister Ranging Market.
Current profit 19%
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After:
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67) Trimble (TRMB) - finally has started to move a bit. Got liquidity from previous highs again and..
Current profit 45%
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68) Tesla (TSLA) - made a split. Have been successfully recommended many times after that here and there but two years ago we traded in these price levels and..
Current profit 19%
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After:
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69) Train Technologies (TT) - dipped the box and off it goes! Epic!
Current profit 227%
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After:
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70) Take-Two Interactive Software (TTWO) - I like this analysis a lot. Worked as a clockwork.
Current profit 60%
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After:
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71) United Rentals (URI) - WHYY you didn’t reach there :D Cannot count it.
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72) Waters Corp. (WAT) - came to the box as it should be slow and steady. As the plane came to the runway.
Current profit 41%
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73) Exxon Mobil Corp. (XOM) - another escaped winner. Didn’t come down to retest my retest area so, missed it.
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74) Xylem (XYL) - perfect trendline, good previous highs, 50% drop from the peak and..
Current profit 76%
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After:
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75) Autodesk (ADSK) - took a bit of time to start climbing but everything looks perfect. Nice trendline, 50% drop from ATH, previous yearly highs - quite clean!
Current profit 66%
Before:
After:
The strategies above show how useful price action, key levels, and psychology can be for investing. By spotting breakouts, and pullbacks, or focusing on round numbers and past highs, technical analysis helps give traders an edge in understanding the market.
Regards,
Vaido
Gold vs Commodities: Monitoring Relative Strength in Hard AssetsIntroduction:
The commodity sector spans various areas, including energy, agriculture, livestock, and metals. However, focusing on the most promising areas can lead to more effective investment strategies. One key ratio to monitor is gold AMEX:GLD versus a broader commodities basket (DBC). This ratio is especially relevant for those interested in hard assets, as it highlights where strength lies in the commodity space. Currently, this ratio favors gold as the stronger performer.
Analysis:
Relative Strength: The GLD-to-DBC ratio offers critical insights into the relative performance of gold versus other commodities. Gold has been outperforming the broader commodity basket, indicating its resilience as a hard asset.
Technical Pattern: Earlier this year, the ratio broke out of a rounding bottom pattern, signaling a bullish trend in favor of gold. Even before this breakout, the trend was clear through a series of higher highs and higher lows, reinforcing the strength of gold relative to other commodities.
Gold’s Performance: Gold remains near its all-time highs, while other commodities continue to lag behind. This highlights gold’s resilience in the face of broader market uncertainties.
Conclusion:
Gold’s resilience compared to other commodities makes it a standout performer in the current market environment. The recent breakout in the GLD-to-DBC ratio and the continued pattern of higher highs and higher lows support the bullish case for gold. Traders focused on hard assets should monitor this ratio closely to gauge potential shifts in strength. What’s your outlook on gold versus other commodities? Share your insights below!
Charts: (Include relevant charts showing the GLD-to-DBC ratio, the rounding bottom pattern, and the higher highs and higher lows trend)
Tags: #Gold #Commodities #HardAssets #GLD #DBC #TechnicalAnalysis
Zebra Technologies (ZBRA) AnalysisCompany Overview: Zebra Technologies NASDAQ:ZBRA is making significant strides in AI integration within its enterprise asset intelligence and data capture services. The company is positioning itself as a leader in AI-driven innovation, with broad applications across multiple sectors. CEO Bill Burns has emphasized the strong rebound in enterprise mobile computing, reflecting sustained demand for Zebra’s innovative solutions.
Key Catalysts:
AI Integration: The use of AI in enterprise solutions is key to Zebra’s growth strategy. By enhancing its asset intelligence and data capture services, Zebra is positioned to lead in industries such as logistics, retail, and healthcare. AI can drive operational efficiency and improve decision-making for its clients, increasing demand for its advanced technologies.
Strong Enterprise Demand: The rebound in enterprise mobile computing across verticals signals long-term demand for Zebra's mobile and automation solutions, further solidifying its market leadership.
Productivity and Cost Savings Plan: Zebra’s 2024 Productivity Plan and Voluntary Retirement Plan aim to achieve $120 million in annualized savings, which should lead to improved profitability. These cost-saving measures could enhance both gross margins and operational efficiency, providing additional capital for strategic investments in technology.
Investment Outlook: Bullish Outlook: We are bullish on ZBRA above $340.00-$345.00, with the integration of AI in its services, coupled with cost-saving initiatives, positioning the company for sustained growth. Upside Potential: Our upside target is $500.00-$510.00, driven by increased AI adoption, strong demand in mobile computing, and the financial benefits from its productivity and cost-reduction efforts.
🚀 ZBRA—Leading the Future with AI and Enterprise Intelligence. #AIInnovation #MobileComputing #CostEfficiency
Nasdaq - This Is Just The Beginning!Nasdaq ( TVC:NDQ ) is starting the next parabolic rally:
Click chart above to see the detailed analysis👆🏻
Although the Nasdaq is about to create a new all time high, this is just the beginning of the next major higher timeframe bullrun. The Nasdaq just broke above the channel resistance and is now heading for a +30% move. It feels absolutely counterintuitive - welcome to the stock market.
Levels to watch: $20.000, $26.000, $16.000
Keep your long term vision,
Philip (BasicTrading)
APPLE Long From Rising Support! Buy!
Hello,Traders!
APPLE is trading in an
Uptrend along the rising
Support line and the stocks
Is now retesting it so we are
Locally bullish biased and
We will be expecting a
Further move up
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
VISA: 2 year Channel Up seeks the next bullish wave.Visa is on a neutral 1D technical outlook (RSI = 53.426, MACD = 2.190, ADX = 43.132) and just above neutrality levels on 1W (RSI = 56.042) as despite being supported by the 1W MA50, it has been rejected twice on the R1 level. That would have been concerning on any other occasion but this time it's not as we consider this similar to the November 2022 R1 pullback, which after being contained by the 1W MA50, it reversed to the 1.382 Fibonacci extension. The 1W RSI trading above its MA for 2 months now, is also similar to October-November 2022. Consequently, we turn bullish again, aiming for the 1.382 Fib (TP = 305.00).
See how our prior idea has worked out:
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TESLA Have today's upbeat earnings erased the Robotaxi disaster?Tesla (TSLA) reported yesterday third-quarter results that beat Wall Street estimates and said it expects to achieve "slight" growth in deliveries this year. This was enough to send the price in an after-market frenzy and so far in-session rising almost by +20%.
In fact, Tesla's market cap has increased by $126B today, the largest single day jump ever! Those earnings may prove to be pivotal for the automaker as they come just a few days after the Robotaxi event, which the market considered disappointing.
So can those earnings result be enough to reverse Tesla's fortunes, which has been massively underperforming relative to (particularly) the rest of the Magnificent 7? Well this can be answered through a technical perspective, with a chart that we published more than 2 months ago (August 15, see chart below):
That was Tesla's Channel Up since the January 06 2023 market bottom on the 1W time-frame, where we caught a buy just after the August 2024 Low. We projected that to be halfway through the new long-term Bullish Leg of the Channel. The recent October correction can be viewed as the April 24 2023 2nd wave of the mid-term pull-back of the Bullish Leg.
On the current analysis we view the same pattern but on the 1D time-frame, where the 1D MACD in particular excels at illustrating the identical nature of the two Bullish Legs price actions.
Right now the MACD is forming the 2nd clean Bullish Cross under the Lower Highs belt, a formation which on May 04 2023 turned out to be the confirmation that started the 2nd phase of the Bullish Leg that completed a +195% rise from the January 2023 bottom.
As a result, not only do we expect the stock to reach Resistance 1 (299.50), which is the July 19 2023 High before the year ends but also test Resistance 2 (385.00), which is the April 05 2022 High by January 2025.
Our Target long-term remains a straight up $380.00 as we pointed out those months back.
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COCA COLA bottomed. Get ready for a +20% rally.Last time we looked at the Coca-Cola Company (KO) was at the end of the previous year (December 07 2023, see chart below), giving a buy signal, which eventually hit our $62.00 Target, even though it had to take longer than we expected:
This time, the price action is giving us yet again a very strong buy signal as the price rebounded yesterday exactly on the 0.236 Fibonacci retracement level of the 1-year Channel. At the same time, so did the 1W RSI, reversing upwards below its MA level, consistent with the previous two bottoms of April 12 2024 and October 06 2023.
Based on the lowest rally we had within this Channel, we expect Coca Cola to rise by at least +19.45%, setting our Target at $79.70.
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NVDA Weekly to Four Hour In Depth Analysis Where Are We Going Good evening Traders
So in this video I go into the weekly and down to the four hour and 30 minute identifying key levels to look out for and where the market is going.
Currently where we are I really thought we were going to have a shorter correction and punch back up but hey I dont assume and I only trade what the market gives me.
What is currently happening is if we can break and close above 140.65 to me that would be a great entry for this bull run up to 150's
However we can correct back into the zone of 138.40 and then go back into the full bull swing of things
And Lastly we are sinking further to the 129.64 level looking for a entry on another bull run up, if we break lower then I dont know what to tell you other than our bull run maybe over ???
If you like the video: please share, boost, and follow or comment: give me feedback on what you currently see and why.
Hope you have a great day trading
Mindbloome Trading
Trade What You See
WE GOT A 5/5 TRADE SETUP ON MBLY. LARGE MOVE INCOMING! NASDAQ:MBLY
🖐️WE GOT A 5/5 TRADE SETUP ON MOBILEYE.
My trading strategy consists of 5 Indicators:
1.) A clear and clean Charting pattern setup.
✔️For this chart that is a symmetrical pattern.
2.) A Volume Gap to fill and strong buying area.
✔️ Clearly sitting on a large "Volume shelf" - JW
3.) The MACD up trending. Crossing Zero line=Bullish
✔️ We are indeed up trending and a Zero line crossing is imminent for this chart.
4.) Stochastic rising and making higher lows.
✔️ Up trending and just crossed the middle RSI band. Higher lows are being made on this chart.
5.) Weekly Stochastic Up Trend. Most bullish once it crosses up through lower band or down through upper band.
✔️ Clearly had a red through yellow flip and are up trending on this charts stochastic heading toward Lower band.
Bonus: We are staying above the 50MA and about to have the 25MA cross upward through the 50MA as well (BULLISH Signal). Finally, I've been following this stock for awhile now and every market open we get a massive amount of short volume in order to try and drive down the stock and get the 20% of shareholders who aren't NASDAQ:INTC to sell them their shares for them to cover at lower prices.
I hope you enjoyed it!
Like ❤️ Follow 🤳 Share 🔂
NASDAQ:QQQ AMEX:SPY AMEX:IWM NASDAQ:TSLA NASDAQ:ENPH NASDAQ:SBUX NYSE:MCD #Stock #stocks #Stockmarket #EarningsReport #TradingTips #investing #investingideas
Coinbase (COIN): Strong push ahead after Bitcoin surge!After our last analysis on NASDAQ:COIN two months ago, we saw another leg down into the golden pocket and the imbalances we were watching. These got partially filled, reaching around 50%, which provided the necessary strength for a push higher. This recent jump is largely due to Bitcoin's rise over the past weeks, as Coinbase, being a major holder of Bitcoin, has directly benefited from this positive development.
This surge was strong enough to invalidate the bearish trend on the higher time frame, confirming that a bullish sequence is now in play. The biggest and closest resistance ahead is the VAH (Volume Area High) traded since November 2023. With the RSI currently overbought and showing a bearish divergence, a pullback could be on the horizon. However, we aren't too concerned about this unless the price drops below $160.50. The bullish outlook will only be invalidated if it dips under $145.
One thing to note about NASDAQ:COIN is its heavy correlation with Bitcoin, which introduces more volatility. The crypto market is also playing a key role in the U.S. elections, with both Trump and Harris addressing the sector. This could provide some tailwinds for Coinbase in the future.
In terms of the broader outlook, the potential wave ((iii)) could see a rise toward $263-$323, though this will take time to unfold. Given the market dynamics, it's better to remain cautious, but the setup looks promising.
Overall, we continue to monitor NASDAQ:COIN closely, but we are more inclined to invest in Bitcoin itself due to the inherent correlation and volatility with the stock.
Harju Elekter (HAE1T): Insight from My Recent Radio TalkHi,
I spoke this morning on the local Äripäev radio in Estonia about stocks, and we discussed Harju Elekter as well. Here is the chart, and here is the zone I mentioned - just to provide a visual.
..and here is the idea post from 2020 as told on the radio as well:
Regards,
Vaido
GENERAL MOTORS rally expected ahead of major 1W Golden CrossGeneral Motors (GM) is close to a Golden Cross on the 1W time-frame, which is a major bullish development as since its first trading days in November 2010, it has only been formed twice.
The first one was on the week of June 19 2017 and second on March 29 2021. In both cases, the price rallied aggressively and reached the 2.0 Fibonacci extension of the pull-back that took place before. On top of that, its last two lows and the August 05 in particular, tested and successfully held both the 1W MA50 (blue trend-line) and 1W MA200 (orange trend-line).
As a result, we expect the price to extend the rally and target at least $65.00.
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SWING IDEA - TORRENT POWERTorrent Power, a major player in the power sector, is showing strong technical signs of a swing trading opportunity.
Reasons are listed below :
1650 Support Zone : The 1650 level has acted as a strong support zone, and the price is holding steady around this level, indicating potential upside.
Bullish Engulfing Candle on Daily Timeframe : A bullish engulfing candle on the daily chart suggests strong buying momentum, indicating that the stock may reverse from its current support zone.
Double Bottom Pattern : The formation of a double bottom pattern is a bullish reversal signal, indicating the stock may have completed its downtrend and is now primed for an upward move.
0.618 Fibonacci Level Support : The stock has bounced back from the golden Fibonacci retracement level, providing additional support to the bullish thesis.
50 EMA Support : The price is holding above the 50-day exponential moving average, adding strength to the current setup and suggesting the trend is intact.
Target - 1908 // 2000
Stoploss - daily close below 1610
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
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SWING IDEA - AMBER ENTERPRISESAmber Enterprises , a leading player in the Indian air conditioning and refrigeration industry, is showing technical signals that suggest a promising swing trading opportunity.
Reasons are listed below :
4600 Resistance Breakout : The 4600 level has been a significant resistance zone. The price is now breaking out above this level, indicating strong bullish momentum.
Strong Bullish Marubozu Candle on Daily and Weekly Timeframes : The recent formation of bullish marubozu candles on both the daily and weekly charts indicates strong buying pressure and suggests potential for further upward movement.
Trading Above 50 and 200 EMA : The stock is trading above both the 50-day and 200-day exponential moving averages (EMA), reinforcing the bullish sentiment and providing strong support levels.
Higher Highs : The stock is consistently making higher highs, indicating a strong upward trend.
Gradual Increase in Volumes : A noticeable increase in trading volumes confirms the strength of the price move and indicates growing investor interest.
Trading at All-Time High : The stock is trading at its all-time high, suggesting strong market confidence and potential for further gains.
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
BANK OF AMERICA Short-term buy signal.Last time we gave a signal on the Bank of America Corporation (BAC), was exactly a year ago (October 11 2023, see chart below), with the stock giving us a highly profitable buy trade, hitting the $44.00 long-term Target:
This time our focus is on the shorter term 1D time-frame where the stock is forming a Bullish Megaphone similar to the one in January - March 2024. Currently the price is pulling back (blue circle) and the symmetric pattern of mid March 2024 suggests that it should now rebound towards the 2.0 Fibonacci extension.
As a result, we are turning bullish mid-session, targeting $44.00 (above Fib 2.0 and below Resistance 1).
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Nike Support Zone: Potential Buy OpportunityIf Nike’s price returns to the green support zone, it could present a great buying opportunity. This level has shown strength before, and I believe that buyers could step back in, leading to a potential rebound from this area. Keep an eye on this zone, as it could signal a shift in momentum with the return of bullish activity.
PayPal (PYPL): Elliott Wave update - final target in sightSince our entry in PayPal, the stock has performed exceptionally well, respecting the Elliott wave structure and currently providing us with a return of over 35%. This price action demonstrates how effectively PayPal follows the Elliott wave count, reinforcing our bullish outlook.
We have now set our stop loss at break even, allowing us to safeguard our gains while continuing to benefit from potential upward movement. During the recent wave (4), we chose not to enter, but it's important to note that the price respected the 38.2% Fibonacci retracement level precisely, indicating a strong likelihood that similar levels will be respected in future corrections.
PayPal is currently advancing through wave (5), and we anticipate this wave to conclude soon. Our target for the larger wave (iii) stands at $81, with wave (5) potentially reaching up to $84. However, there is a possibility that wave (5) may conclude before reaching the wave (iii) target. Therefore, we will closely monitor the situation, keeping our alerts ready to react as needed.
Once PayPal moves into the $81 target area, we will look to secure additional profits. Should the price action align with our projections, we will consider re-entering at wave (iv) for further opportunities. Until then, we let our position continue running.
$NNENASDAQ:NNE Graph illustration in practice:
It's not very clean when there is high volatility, but the principle remains the same.
First bullish leg of more than 30% (here +100%), higher lows, volatility contraction, price riding the moving averages (-> the Fork @Toto), formation of a tight base -> pattern like RDM or VCP 🔥🔥
The difference between a pattern that works and one that doesn't lies in what fuels it.
We observe this with a change in volume behavior: large buyer volumes and low seller volumes.
In this case, the fuel is investors' interest in new AI technology.
JPM: Overbought on 1M. Buying becomes risky now.JP Morgan is almost overbought on its 1M technical outlook (RSI = 69.452, MACD = 20.800, ADX = 54.049), trading very close to the top of the 12 year Channel Up. Being overbought on the wider/ longest timeframe available, indicates trend exhastion and a potential bearish reversal. Basically, we continue to use the same pattern that helped us get a strong buy last time and this time it shows that the last two times the 1M RSI was this overbought, the stock pulled back to at least the 0.236 Fibonacci level. Consequently we expect a lengthy but relatively controlled correction to start in the coming candles to test the 0.236 Fib and approach the 1M MA50 (TP = 187.00).
See how our prior idea has worked out:
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NETFLIX Earnings is setting it up for $840.Netflix (NFLX) is already one of the big winners of the earnings season as it announced Q3 results that exceeded expectations and saw the price up by more than +11.00% on Friday. Even technically that is a big win as the rebound came from a Thursday test of the 1D MA50 (blue trend-line), the first in 2 months (since August 14).
The stock has been trading within a Channel Up for a whole year (since the October 18 2023 Low) and now has the perfect fundamental excuse to aim higher. The 1D RSI shows a similar pattern so all previous bottoms with the Channel Up (Aug 05 2024, April 22 2024, January 17 2024, October 18 2023) so either a 3.0 Fibonacci extension or a +25% rise is expected.
This time both happen to be just over $840.00, so we can claim that this is a reasonable target to aim for during this Bullish Leg.
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