NVDA, AI MARKET Volatility-DRIVER, Prospects and Considerations!Hello There!
Welcome to my analysis about NVIDIA on several timeframe perspectives. The fourth industrial evulotion is accelerating massively with many stocks adopting the AI technology and others, the ones that are still operating on old economy level and do not adopt the new technology seems to depreciate and do not move forward with the rally similar as it has been seen within the dot-com bubble where 90% of the stocks within the market have been burned and did not recovered. Now, a major question is if NVDIDIA is catching the same fate and if it is ripe for a huge bearish bubble burst or it continues to print solid continuations and upside potential as it made within the recent times.
In this case the main AI Stock Index is a important indication as well as the fact that NVIDIA is continuing with the trend dynamics here. Especially as NVIDIA already moved faster and approached the all-time-high it has room for further continuations similar as it is within the wave developing within the AI Stock Index. This means that NVIDIA is having the target-zones within the upper boundary of the channel at around 1000. Once these have been reached it could turn out to be a major bearish distribution zone if the market changes and interest rates climb to higher levels. Therefore it will be important how and if NVIDIA shows up with bearish momentum because this is going to alter the dynamics.
In this manner, thank you everybody for watching, support is greatly appreciated, all the best!
VP
Stocktrading
AT&T retreate downwardsAT&T retreate downwards
This chart shows the weekly candle chart of AT&T company's stocks over the past six months. The graph overlays the golden section above the low point of July this year. As shown in the figure, the highest point of AT&T company's stock last week just hit the bottom of the graph, which is 1.382 on the golden section, and then retreated downwards! The recent strong support for AT&T company's stock below is the 0.618 level of the golden section above the bottom in the figure. In the future, this position can be used as the watershed to determine its strength!
Booking (BKNG) -> Pay Very Close AttentionMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Booking Holdings.
Almost 10 years ago Booking Holdings stock entered a quite decent rising channel and is currently retesting the upper resistance from which I do expect a minor bearish rejection.
I would then look for longs at the $2400 structure zone or the $1900 rising channel support since the overall trend is still quite bullish and I do expect a bullish reversal there.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
AMAZON: Testing the 1D MA100. Will it hold?AMAZON is on the third straight day where it respects the 1D MA100. Holding this level translates into a rebound base as the long term pattern is a Channel Up. The 1D technical outlook hasn't been lower thought (RSI = 40.739, MACD = -0.760, ADX = 35.289) since December 28th 2022, so the slightest cross below, should extend the downfall under the Channel Up and towards the 1D MA200.
The Huge Buy Zone is inside the 0.382 - 0.5 Fibonacci range. Those will be the two buy entries and our target on the medium term is the R1 level (TP = 145.90).
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NIFTY SEP-OCT NEUTRALThe circle area might have huge risk & volume with high volatility
If the price goes below circle, take a SHORT at given arrow and wait for 300 points
If the price bounces back 2 cases
Enter #LONG if it goes like green line at given arrow and wait for 300 points
Enter #SHORT if it goes like orange line at given arrow and wait for 500 points
LVMH (MC) -> Buy The Stock Right Herey name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitaliz e on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on LVMH.
For the past 7 years LVMH stock has been trading in a decent rising channel and just recently retested and rejected the upper resistance trendline at the psychological 900€ level.
Also considering that this is a simple break and retest of the previous all time high from January I am just waiting for bullish confirmation before I think that another push higher will occur.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
SQ has hit a new lowSQ has hit a new low
This figure shows the weekly candle chart of Block Company's stocks in the past three years. The graph overlays the top to bottom golden section for 2021. As shown in the figure, the stock of Block Company fluctuated and organized in a rectangular range that remained relatively low from May 2022 to the previous week. This week, it has hit a new low in recent times, reaching below the top to bottom golden section of 3.618 in the figure! The stock of Block Company is about to challenge the bullish starting point at the bottom of early 2020, which is the opening price of $38.47 for the week of March 23, 2020!
THE S&P 500, THE BEARISH ENCOUNTERS ARENT OVER YET!!!Hello,
Welcome to this analysis of the S&P 500 from the daily timeframe perspective. Since the S&P 500 showed up with heavy pullbacks from its top established in January 2022 the financial markets are in a shock and asking where the S&P 500 will move next and if the bearish declines are over yet or there is more to come. When looking at the economical situation the world population needs to admit that we are still in an uncertain situation with the economy damaged by the Corona Virus pandemic way not recovered and where it was before the pandemic. Besides that, the disruption of Supply Chains is going on and is increasing because of the geopolitical conflict situations. Furthermore, there is accelerated inflation and central banks are trying to catch the train too late to tackle inflation by increasing the interest rates. When looking at the technical side of the situation it needs to be stated that it is in line with the fundamental side as when looking at my chart the S&P 500 is building this main descending channel with a wave-count within and the wave B forming the bear flag within this wave count. When the S&P 500 now moves below the lower boundary of the flag this will be the setup for wave C and continuation in this direction. If the bear flag completes this will activate the target zone as seen in my chart and from there on the situation needs to be assessed again. In any case, for now, we should not underestimate the bearish scenario here and be prepared for upcoming volatilities, it will be a crucial development ahead.
In this manner, thank you for watching the analysis, all the best!
"The high destiny of the market is to explicate, rather than to speculate."
Information provided is only educational and should not be used to take action in the markets.
AAPL; Major Descending-Triangle, Main Potentials Given!Hello,
Welcome to this analysis about AAPL on the daily timeframe perspectives. When considering the individual stocks within the stock market we can watch very different developments currently with stocks such as PYPL or FB showing up with huge declines to the downside while there are others that are holding their ranges as also building up solid potentials. Therefore it is necessary to differentiate the market and look on where are potentials given. Therefore I detected the main formation forming with AAPL that can show a worthwhile opportunity in this market once completed. When looking at my chart now we can watch there how AAPL develops this major descending-triangle-formation with the coherent wave-count in the formation and the wave E remaining to be completed, besides that AAPL has great support in the structure established by the major support-cluster which is marked in orange in my chart, there are coming several supports together in this cluster and this is why there is an increased likelihood given that AAPl bounces in this cluster. When AAPL manages to bounce in the support-cluster and finally settle above the upper boundary of the descending-triangle-formation this will complete the whole formation and AAPL will set up for further continuations. Once the whole formation has been completed AAPL will activate the main target zone marked in my chart, once this zone has been reached the situation needs to be elevated again and AAPL needs to show if it manages to built up further from this point on, it will definitely be an interesting development and for now, AAPL is showing some great establishments that can convert into a fruitful opportunity.
In this manner, thank you for watching the analysis, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the markets.
BERKSHIRE HATHAWAY, Massive Bull-Pennant On Huge Earnings Boost!Hello,
Welcome to this analysis about the Berkshire Hathaway Stock on the 4-hour timeframe perspectives. As I detected the stock has shown up with great earnings numbers recently with the earnings showing substantial percentages upward, besides that I spotted a main pivotal formation forming here. As when looking at my chart now we can watch there that the stock is building this massive bull-pennant formation with the coherent wave-count within already completed and the stock recently showing up with great bullish volatility penetrating the upper boundary and staying above the 100- and 200-EMA to mark them as support. The whole pennant will be completed when the stock finally breaks out above the upper boundary as it is seen in my chart, this breakout will activate the upper target zone marked in my chart between the 525000 and 530000 level. For now, there is a high likelihood given that this whole formation completes in the near future and once this happened the further volatilities as well as targets will be activated.
In this manner, thank you for watching the analysis, all the best!
"Good fortune is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the markets.
SPX, Massive Breakdowns, Formation Completed, Crucial Sights!Hello,
Welcome to this Update-Analysis about the S&P 500 Index and the 12-hour timeframe perspectives. Since my last idea about the Index, the whole H-S-Formation that I mentioned has been finally completed and the Index heavily increased with bearish volatilities. The breakdown emerged after the FEDs announcement to possibly decrease their balance sheet which currently has a total balance of 8.7 Billion US-Dollar, also the FED is looking to increase interest rates, there was no action taken yet however the sheer announcement of it already caused turmoil in the market. Now the index already moved into the initial target-zone that I mentioned, if you did not see the analysis already I highly recommend it to watch as this one is building a coherent follow up on the previous analysis, therefore I am looking at all the important levels, upcoming determinations and structural formations we need to consider here.
Structural Developments:
As when looking at my chart we can watch there how the Index is now moving and testing the remaining supports at the 4380 levels which are also the first head shoulder targets nevertheless according to the high bearish momentum with which the Index showed up here there is an increased likelihood given that a bearish continuation is indicated. Therefore, currently, it is likely that the Index shows up with an initial bounce which moves on to test the 85-EMA in red and the 45-EMA in green which are currently still resistance. How the Index moves into these EMAs will determine upon the outcomes of either a bearish continuation or a reversal. Therefore when the Index shows up with an increased bearish pullback this will likely lead to a bearish continuation and wave C extension within the bearish continuation zone marked in my chart in red.
Upcoming Determinations:
When this does not happen and the Index somewhat manages to stabilize in the structure within the potential reversal zone there is also a reversal possible however due to the fact that the Index already heavily increased bearish volatility there is a higher possibility given that the bearish continuation will emerge. In this case, targets of 4150 to 4170 will be indicated. Taking these factors into consideration simultaneously it will be also important what the FEDs decision will be next week because when the FED comes up with a decision on increasing the interest rates this will be a high likelihood indication for further declines to follow up in the market. A similar indication will be given when the FED decides upon decreasing their balance sheet, such a development will lead to similar bearish causing, it will be a crucial dynamic ahead.
In this manner, thank you for watching the analysis, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the markets.
AAL has plummeted in 10 weeksAAL has plummeted in 10 weeks
This chart shows the weekly candle chart of American airline stocks from the end of 2019 to the present. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, the stock of American Airlines has maintained a relatively weak and volatile consolidation pattern after completing a small level double top pattern in March and June 2021. The low point in October 2022 just stepped back on the 0.236 position of the bottom to top golden section in the figure, completing the shoulder position of the large level head to shoulder! The stock of American Airlines has plummeted in the past decade and is about to hit its October 2022 low again! So in the future, we can use the low point in October 2022 as the watershed to determine the strength of American airlines!
VISA: See the excellent levels this strategy offers.Visa has been trading inside a Channel Up pattern but lately with the 1D technicals neutral (RSI = 50.905, MACD = 0.560, ADX = 28.391). This is despite staying on high levels, finding support on the 1D MA50.
As long as this and the Inside HL trendline hold, we are bullish, aiming at the Inside HH (TP = 251.00). If the price crosses below however, it is very likely to see a 1D MA200 test. Don't buy though before the 1D RSI enters the 0.236 - 0.0 Fibonacci Zone, which has been the strongest buy signal when the last two HL levels of the Channel Up formed. As previously, we will again aim at the Inside HH (TP = 252.00).
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Visa has formed a large level double topVisa has formed a large level double top
This figure shows the weekly candle chart of Visa's stock from the end of 2019 to the present. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, the combination of last week's high point and 2021 high point of Visa's stock has formed a large level double top shape, both of which are suppressed by the 2.618 position of the gold split at the bottom of the figure! This week, the stock of Visa has fallen back to the bottom of the chart, which is 2.382 on the Golden Divide. In the future, this position will serve as the watershed for judging its strength!
MICROSOFT: Last chance to rebound. Selloff under this trendline.Microsoft is on a neutral technical setting on the 1D timeframe (RSI = 47.707, MACD = 0.040, ADX = 29.959) despite trading on the HL of the Rising Megaphone for the second time in 30 days. As long as this trendline holds, MSFT is a buy signal, targeting R1 (TP = 366.50). A cross under the Bullish Megaphone, will be a sell signal aiming at the 1D MA200 (TP = 300.00).
It is worth mentioning that the 1D MACD formed today a Bearish Cross, the first since July 21st. The pattern could be replicating the price action of September-November 2022.
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