AAPL: Next few months in my uneducated opinionI have had the blue lines drawn out since around April or so, and I have now gained to confidence to showcase my work.
I believe very soon AAPL, and many other stocks, will be hit with some bearish sentiment (whether around anti-trust or inflation, I do not know).
This is my idea for what will happen:
-Short term AAPL will hover around the red circle and follow the green line I drew.
-AAPL will hit a new ATH (around the EOY rally).
-AAPL will then trickle off down a bearish slope to find a new support, below any of the levels we have seen this past year.
Hopefully stonks only go up, but this is my bearish outlook on the tech powerhouse known as Apple.
Technology
Malaysia Technology Index waves updated. 13/Jan/221)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
$MP - Could this be best investment of 2022? This might be the best play of 2022
Clean count, Fib time confluence, incredible relative strength since Oct, just broke ATH and found support at 21 EMA.
"picks and shovels" play in EV space gives exposure to growth landscape w/o the risk.
This company is the only domestic rare earth mining play giving it particular geopolitical importance over the next decade as the West competes with China for these vital resources needed for all modern technology.
Until Redwood Materials goes public, $MP might be the best investment for exposure to rare earth miners.
$MSFT short term bounce wouldn't be a surprise The amount of bearish takes on the market have grown rapidly as of the past week, many traders are chasing shorts to the downside (I don’t believe this is smart as your risk/reward is poor.) otherwise known as shorting in the hole. If a contrarian view point holds true the market will provide a bounce next week stopping these traders out, after that can re-access price action. We are extended off the moving averages and a bounce back into them would not be surprising. The gap has filled and there is 300 psych level just below, in the short term I think a bounce is likely. I would take a long over previous days high, lets see how this pans out. Also to note: QQQ has held key support zone so far.
$AAPL Bearish FOMC Setup$AAPL follows $SPY almost to a tee with wicks and candles. The orange line is $SPY overlayed on top of the AAPL chart. $AAPL is in a descending channel and a break under the 174.43 level with a $SPY confirmation has a level from 174.43 to 172.31. Puts under this level have potential to fall all the way to the 170.34 level.
100sma is being tested for the 10th timeMSFT has tested and bounced of the 100sma 9 times, since September 2020.
In all of the 9 tests, RSI was in the 30s, but not oversold. It is currently at the same level.
Besides the multiple tests of the 100sma, we have three tests of the bottom of the horizontal range (drawn with purple horizontal lines). We could potentially see a fill the gap situation short-term.
I think it is a great place to buy.
Placing layered stop-exits to preserve gains.
Risk-reward-ratio is over 4, for a better understanding of the trade, check the Long Position projection to the right of the chart.
Good luck.
MercadoLibre: Selling a retest of a double topMercadoLibre - Short Term - We look to Sell at 1262.00 (stop at 1345.00)
Posted a Double Top formation. Previous support, now becomes resistance at 1261.00. We look for a temporary move higher. The bias is still for lower levels and we look for any gains to be limited. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1261.00, resulting in improved risk/reward.
Our profit targets will be 1037.00 and 763.00
Resistance : 1262.00 / 1709.00 / 1970.00
Support : 972.00 / 755.00 / 630.00
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$NDQ #QQQ $QQQ pulling a Wu-Tang patternlooking at the 1hr chart, there is a classic W pattern formation going on here. December was a tough month for tech, and looks to be finally recovering. This weeks moves show a break above the prior down channel, with tightly wound consolidation. TBH I see this going in either direction, but with the tax loss harvesting done for 2021, my money is on volume buy-ins this month, with a beginning of a reversal in March when tapering is ending and rates are set to go up.
NFA
two different directions for five g stocks (fivg)either were in for immediate continuation of the breakout pattern to above the 42 area or, if the nasdaq isnt doing as well, a pullback to revisit the 40.5 area
#CRSR▶️ Music might start now! Price bouncing and creating H&S✅Hi All, my main 3 take-outs from this analysis are the following:
1- The price is bouncing from what seems to be a right shoulder of a reversal head & shoulder, visible in 4H timeframe but even more visible smaller timeframes
2- Next resistence to look at seems to be at around 21.7$, where there is also a nice gap to be filled.
3- If we manage to break this resistence, which is also the neckline of the head & shoulder, the next technical target would be the height of the pattern, meaning at 23.7$ apprximately, trying to attack then the higher part of the descending channel
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
TECH: The Next 10 YearsWeb 3.0 is the emerging paradigm of the Semantic web, where there is no central authority or gatekeeper. Whereas Web 2.0 was propelled by advances in social networking, mobile internet access, and cloud, Web 3.0 will be defined by advances in edge computing, decentralized data networks, blockchain, AR/VR and artificial intelligence. Web 3.0 is only just coming into picture. It will serve as an extension of many elements of Web 2.0, but will also create entirely new experiences and blue ocean opportunities.
For example, developers could combine parts of applications together or entire applications to customize how they experience and benefit from products and services.
Through the use of advanced AI, Web 3.0 search engines will offer personalized results based on individual preferences and needs. For example, if an IPA drinker and a Lager fan type ‘breweries near me’ in the search bar, they will receive different results for nearby breweries based on the type of beer brewed. Of course, this also means algorithms will know more about users.
More than 50 percent of data centers in the world are currently owned by Amazon, Google, and Microsoft. In Web 3.0, decentralized cloud networks and autonomous storage units will gain traction. Individuals will host and secure applications or ‘shards’, earning income that would otherwise go to large incumbents.
In Web 3.0, identity management will devolve back to individuals. People will control their digital assets and data, as well as access to them. Centralized and federated identity providers from Web 2.0 will fade into obscurity.
The ‘Metaverse’ will emerge, enabling people to participate and engage with a variety of 3D environments, including games, marketplaces, work spaces, socializing etc. The Metaverse will combine elements of AR/VR, blockchain/digital assets, semantic web and AI.
Whereas Webs 1.0 and 2.0 were cultivated, mass adopted, and financially exploited principally in a few technology hotspots -- US, Western Europe, and APAC, Web 3.0 will be global. We are entering a ‘New Digital World’ of borderless and frictionless transactions that will touch many aspects of life -- work, commerce, socializing, entertainment, etc. More and more people will have the opportunity to participate in this new world and benefit; geography and market access will no longer be major obstacles to success. The future is bright!
QQQ (Nasdaq ETF) - Support, Resistance, Trendlines, Pattern 2021QQQ (Nasdaq ETF) - Support, Resistance, Trendlines - 2021- Daily:
Price Pattern: potential Head-and-Shoulders.
-Resistance Price Levels (colored horizontal lines above current price)
-Support Price Levels (colored horizontal lines below current price)
-Trendline Resistance (diagonal yellow lines above current price)
-Trendline Support (diagonal yellow lines below current price)
note: chart is on log scale.