Get started

Technical-analysis

Market going down? What do you thinkDISCLAIMER: I DO NOT GIVE SOLICITATION TO BUY OR SHORT Seems like market is continue its down trend based on pattern. What do you think ? OCTOBER 21 , 2022 I cover various stocks which can be profitable based on the stock charts and technical indicators. I try my best to explain as detailed as possible but your feedback is also appreciated Before you enter a trade , one must learn how to master the charts as Stock charts play a big role in deciding when to buy or when not to buy. Technical Trading help in predicting price movements and have a risk management. Stock trading is like any other business and must be taken seriously. Lot of people lose money because they don't educate themselves and end up placing trades blindly which results in big losses Stock charts is the major component day traders, swing traders, core traders use. Times and technology has changed and if you cannot adapt to the new methods , there is a high chance you will be left behind Millions of shares are traded now using desktop , laptop or gadgets and stock charts is what majority of traders look at. So , if you want to be a daytrader , swingtrader or coretrader learn how to read and interpret charts. There are lot of great books out there like Thomas Bulkowski's Encyclopedia of chart patterns and Steve Nison Japanese Candlesticks interpretation Having someone experienced can also cut the learning curve time for a new trader. Trading does take time and with discipline , hardwork , dedication and most importantly Passion for this needs to be there.
NASDAQ:AMZN
by Composed_Trader
Decisive Moment for NIONio is very close to breaking out of the long term downtrend from 69$. As you can see it has bounced with very high volume from the .618 Fib level. With great confidence, and also reclaimed the .382 fib (~19.55$). This is now a very strong support level. 24$ remains a target on which we have a confirmed upward trend reversal (from 69$). Again, this is to still be broken. Indicators point out there is enough room on Daily to move forward with upward movement. No exhaustion shown on buying power, and also looks there is an upcoming squeeze to upside if it remains at these levels. Fundamentally, Q2 earnings call was really a boost for confidence for many investors, the NVDA restrictions on certain chips will not hurt NIO in any way, confirmed by NIO. Also NIO is looking for other options longer term but this side-story can pretty much be closed as there is no impact whatsoever. Morgan Stanley also says technically this stock is bottoming out, also ET5 has shown a humongous interest by buyers, people standing in line even to view the ET5 at NIO house + additional budget benefits if they locked in their order by 9th September. This is a great success. Expect with upcoming catalysts, launch in Germany & Netherlands this will be a great final quarter of 2022. NIO Park should also be going ahead with the first preperations & executions of their ET5 model. Also NIO has been seen in the US with their ES8 NIO automomous driving capability. Blue sky coming.
NYSE:NIO
by SpeedyNL
EURUSD - 240 CHART TIMEFRAMEThe Structure is looks good to me, waiting for the this to correct and then give us these opportunities as shown on the chart. Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. we do not get into bullish or bearish traps. we anticipate get into only big bullish or bearish moves. Just ride the bullish or bearish impulsive move. buy low and sell high concept. buy at cheaper price and sell at expensive price. Keep it simple, keep it Unique. please keep your comments respectful. Thanks for your support....
Long
by Tradelikemee
GBPUSD - 240 MINS TIME FRAMEThe Structure looks good to us, waiting for the this to correct and then give us these opportunities as shown on the chart. Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. we do not get into bullish or bearish traps. we anticipate get into only big bullish or bearish moves. Just ride the bullish or bearish impulsive move. buy low and sell high concept. buy at cheaper price and sell at expensive price. Keep it simple, keep it Unique. please keep your comments respectful. Thanks for your support....
Long
by Tradelikemee
CHFJPY trade.Hello Traders! CHFJPY reached a mass psychology at 138.917 since 2015 and currently ranging above it with a corrective behavior. We might see in the long term an upside move heading towards the upper trend line at 157.000 level. I personally took my short position on CHFJPY as a hover / double top (15 mins chart) at 143.292 level. Given that the price of CHFJPY been ranging below 144.000 level since 29 June 2022. I am interested to take short positions instead of longs in this area. Wait for the right pattern before executing. Patience is key. #THEPRIMES
Short
by alex_k_95
1