Wait for Tesla to climbDescription :
Tesla has experienced a 15% drop after hitting its resistance and is close to an uptrend line, which we believe is likely to grow after hitting its uptrend line to its downtrend line, which is considered a dynamic resistance, and is witnessing an effort. We fail and then it is expected that in the next attempt, it will break the downtrend line and grow to its important resistance.
Stockstrading
Microsoft gapping to the downside after earnings Microsoft gapped to the downside even though the earnings resulted in them accomplishing 19% annualized revenue growth which is the biggest quarterly increase the company has posted since 2018. but price still gapped to the downside, this is just a reaction to the earnings news and doesn't reflect the actual result of the news. but what this news tells us that the company is doing well and there could be optimism, so what we will be looking for is a possible exhaustion to previous high then buy pressure to come in and then we will look for a trade or to buy some shares for the continued move to the upside.
Is Tesla's Rally Running on Fumes?Tesla is set to post its quarterly earnings after today's market close. While the market expects the company to deliver robust performance, the continuation of the underlying rally is far from certain.
The general stock market rally has been showing signs of weakness over the past several weeks amidst rising U.S. yields and fears of soaring inflation. Meanwhile, FED's policy decision on Wednesday could bring further doubt and volatility, which could then jolt Tesla's uptrend.
Today's earnings data could end up being the catalyst for a new correction; however, the underlying upswing may still attempt to test the psychologically significant resistance level at 800.00 before such a correction takes place.
The Fibonacci retracement levels signify the likely targets for such a dropdown
ABT - STOCKS - 05. APR. 2021Welcome to our weekly trade setup ( ABT )!
-
4 HOUR
Bullish price turnover..
DAILY
Multiple trend-change confirmations.
WEEKLY
Oversold market structure..expecting another push to the upside.
-
STOCKS SETUP
BUY ABT
ENTRY LEVEL @ 119.53
SL @ 117.13
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
DHR - STOCKS - 07. APR. 2021Welcome to our weekly trade setup ( DHR )!
-
4 HOUR
Bullish waving market structure..
DAILY
Bearish market turning bullish now!
WEEKLY
Expecting more upside towards towards previous highs and beyond.
-
STOCKS SETUP
BUY DHR
ENTRY LEVEL @ 224.85
SL @ 215.15
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
BABA - STOCKS - 19. APR. 2021Welcome to our weekly trade setup ( BABA )!
-
4 HOUR
Bullish turnover..
DAILY
Expecting more bullish pressure within the following weeks.
WEEKLY
Looking for a push towards all time highs!
-
STOCKS SETUP
BUY BABA
ENTRY LEVEL @ 235.49
SL @ 227.67
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
Jumia $JMIA - investment idea 💡This stock been trading for a while in the demand zone, giving great opportunity to buy the dip for it's low risk and great target potential. I expect it to up if not today it will be in a few days.
❌ - Volume looks good bust still under the average
✅ - Double bottom
✅ - Bullish price action on the daily (Bullish Doji)
✅ - MACD
✅ - STOCH
✅ - Momentum
✅ - DeMarker
❌ - MA50 (-23.9%)
✅ - MA200 (+31.35%)
❌ - Pivots: (-10.46%)
⏰ - Breakout 1: $40.37
🚀 - Potential targets (🚀247% by 20/07/2021)
🪂 - If things goes wrong better to exit if $32.60 didn't hold
🚦 - Next entries in case if dropped: $26.82
⚠️ - This idea is based on my technical analysis only. Do your research and trade on your own risk!
AVGO - STOCKS - 12. APR. 2021Welcome to our weekly trade setup ( AVGO )!
-
4 HOUR
Overall bullish market scenario.
DAILY
Closure and break above previous resistance.
WEEKLY
Expecting more upside price action.
-
STOCKS SETUP
BUY AVGO
ENTRY LEVEL @ 480.00
SL @ 450.24
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
NKE - STOCKS - 12. APR. 2021Welcome to our weekly trade setup ( NKE )!
-
4 HOUR
Bullish market turnover.
DAILY
Overall bullish market structure..
WEEKLY
Expecting a break above main resistance level.
-
STOCKS SETUP
BUY NKE
ENTRY LEVEL @ 135.09
SL @ 132.96
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GRAY Technical Analysis 🧙 Graybug Vision Inc is a clinical-stage biopharmaceutical company focused on developing transformative medicines for the treatment of diseases of the retina and optic nerve. The company's products under pipeline are GB-102, for the treatment of wet age-related macular degeneration, or wet AMD, and diabetic macular edema, or DME; GB-103; and GB-401.
If you want more trading ideas like this one ,🎯 press a thumb up! 👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
$AMT Announces Pricing of Public Offering of Common StockApplied Molecular Transport Announces Proposed Public Offering of Common Stock
AMT announced that it has commenced an underwritten public offering of 2,500,000 shares of its common stock. All of the shares in the proposed offering will be sold by AMT. In addition, AMT expects to grant the underwriters a 30-day option to purchase up to an additional 375,000 shares of its common stock in the offering.
Applied Molecular Transport Announces Pricing of Public Offering of Common Stock
AMT today announced the pricing of an underwritten public offering of 2,500,000 shares of its common stock at a public offering price of $42.00 per share.
$Uxin Entry into a Binding Term Sheet with Potential InvestorsUxin Announces Entry into a Binding Term Sheet with Potential Investors
$UXIN, a leading nationwide online used car dealer in China, today announced that it has entered into a binding term sheet with two established Asian funds on April 1, 2021, pursuant to which the potential investors have agreed to negotiate and potentially enter into definitive agreements with the Company for the subscription of senior convertible preferred shares.
The potential transaction has an aggregate investment amount of potentially up to US$300 million. The completion of the potential transaction is subject to the parties’ execution of definitive agreements and customary closing conditions to be stipulated therein.
finance.yahoo.com
$JFIN appear to be rising on news or speculation regarding NFTsShares of $JFIN appear to be rising on news or speculation regarding NFTs. For those of you that don't know, NFTs are digital files such as art, video, audio, and other files stored on blockchain, which is the digital ledger technology that powers cryptocurrencies like Bitcoin. Some NFTs have already sold for millions of dollars.
Jiayin appear to be linked to speculation that the company may eventually jump into the NFT space.
Jiayin is an online individual loan marketplace that seeks to reach underserved customers in China. However, recent buzz on Twitter has people saying the company could potentially get into the NFT space, although there is no real news pointing to that right now.
The hype and potential around NFT is certainly at an all-time high and eerily reminiscent of when cryptocurrencies, which are also powered by blockchain, first gained mass popularity several years ago.
I would advise caution on anything related to NFTs. While they certainly have taken off in recent months, we are still in very days where the market for these assets will likely remain extremely volatile for quite some time.
www.fool.com