TSLA continues its downtrend toward Apirl earnings SHORTOn a TSLA chart, TSLA has been trending cown since last May. On the anchored VWAP lines,
it topped out crossing above the second upper VWAP about the first week of January '23 then
crossing under the same line on January 20, 23 Between August and October price tested and
consolidated about the first upper VWAP line. It then fell to the mean VWAP line and returned
in a retracement to the first upper VWAP line by December. paradoxically, price rose
after an earnings miss in October. From December through early February price fell through the
mean VWAP and received support with the first lower VWAP band. The faster EMA in black
crossed under the slower green EMA in early January. TSLA is last significant uptrend or
correction was a month before that. At present a continued trend direction of down
is predicted by the optimized EMA20/65 lines now diverging from a compression with the EMA
20 in black under the green EMA 65 line. A predictive modeling indicator by Lux-Algo
forecasts the persistent downtrend. TLSA could pick up support at the level of the pivot during
the April '23 earnings report or lower still at the second lower VWAP line at about 141.
Fundamentals can trump technicals but things out there are not looking great for TSLA
Vwapbreakdown
TLT Treasuries Long breaks down under VWAP SHORTTLT on a 120 minute chart has continued its trend down since early December after a suddent
uptrend in November lasting for a two month until the end of 2023.
Inflation data is kicking the rate cut down the road of time.
Price has now fallen under the VWAP and all of the EMA lines including the EMA20.
Relative strength trending correlates with price . I conclude, TLT continues to be set up
SHORT or alternatively TBT LONG . I will take short trades at weekly highs on a 30-60
minute chart until signs of a reversal are seen on the chart.
USDJPY set up to fall to VWAP support SHORTUSDJPY has been in a narrow range consolidation since a one week trend up from March 14-20.
The dual time RSI indicator shows the faster green RSI line under the stable slower RSI line
showing some bearish divergence. The predictive also's blue line forecasts a slow downturn.
I am taking a short forex trade on USDJPY expecting price to fall into the support of the
mean VWAP at 150.638. This is about a 0.67% move to be leveraged for a modest profit
considering the risk taken. The stop loss is 151.9 just above the higher first upper VWAP line.
META could fall from ATH SHORTMETA on the weekly chart is at the ATH which is as a consequence at the third upper VWAP line.
The RSI indicator shows the faster line crossing under the slower line. The relative trend
index has topped out. Both represent bearish divergence. META makes its money with
advertising dollars for revenue. There are increasing challengers to split revenues that could
go down if a recession happens. Other headwinds are the federal regulatory blaming META
for issues such as foreign interference in our elections, or child molestors floating on
the platform without adequate protections for minor or collusion in a monopoly with other
high flying targets. I find this to be a good juncture to take a short trade in META on a swing
looking for it to last until the next earnings period.
BKNG may reverse SHORTBKNG is an expensive stock; it id not get that way being a slouch. Summer travel is sixty days
away. The 2H chart shows the highs of February followed by a paradoxical fall with good
earnings. Traders wanted better. Price fell past the Fibonacci support zone and into
the lower VWAP band lines.
Fundamentally German regulators are suing BKNG for some issues with deceptive advertising
and promotions with partners. In the past week price again rose this time to stall in that same
Fibonacci zone. The predictive algorithm of Lux Algo forecasts a rejection here with the price
moving down. I will short a single share of BKNG here. The stop loss will be set at 3675
while targeting 3440 above a support zone. I am expecting of $175 in realized profits in 5-10
days.
FUFU a crypto junior miner near penny LONGFUFU went public visa a SAPC ; It is a crypotminer from Singapore. Market cap is SEED_TVCODER77_ETHBTCDATA:1B and the
price to sales is 4. On the 30 minute chart with a set of anchored VWAP lines and a predictive
algo based on Gaussian regression lines by LuxAlgo., price is seen first in a VWAP breakout
into above the third upper VWAP lines peaking on Match 6 and then a gradual full retracement
over the 4 days that follow. It is now under that lowe third VWAP line.The range percentage was
about 100%. I now see this as a long trade with 100% upside to the Fibonacci level of the
downtrend.
W Short Trade Symmetrical Triangle Breakdown Wayfair is an e-commerce platform for furniture and home goods sold online.
It has had gradually decreasing volatility on the daily chart in a symmetrical
triangle, W is halfway between the past earnings in early February and the upcoming in
May. Price is currently also compressing inside the triangle and halfway between
the mean VWAP and the first upper VWAP as the chart shows. The analysis of a short trade
is also supported by the AI algo of Luxalgo using Gaussian Regression line analysis to forecast
the downtrend. Targets are 47.25 which is the intersection of the forecasted trend down
and the support trendline of the triangle as well as 38.65 which is the intersection of that
same trendline and the pivot low of October 2023. The stop loss is 63.9 at the immediate pivot
high. The trade is projected to be a 25% trade is equal partial profits are taken at both
targets or 28% if the first target is a 1/3 partial closure.
BOIL reverses from a quick downtrend LONGBOIL on may 9th went into hard resistance in the highest VWAP line area, the Hull moving
averages did a death cross and it fell 12% into the support of the first upper standard
deviation line where it double bottomed with a reversal. The ZL MACD shows lines and
trends that are confirmatory. As a result, I have closed my short trade from my prior
idea and revested the capital gained into a long position of stock and calls. If you
are interested in knowing targets or stop losses, please leave a comment.
BTC / USDT - Bearish Signals at 4H TimeframeBTC / USDT - Bearish Signals at 4H Timeframe
Technical Analysis:
Double Top Break and Retest: price is showing signs of weakness with a break below the double top neckline followed by a retest, suggesting potential bearish pressure.
VWAP Break: The VWAP (Volume Weighted Average Price) has been breached, indicating a shift in market sentiment and potentially favoring the bears.
Bearish Divergence: A bearish divergence is observed, adding to the indications of potential downside movement.
Weakness Confirmation:
If the price fails to hold the critical level at $41,666, it could trigger further downside movement.
Target:
The initial target is set at the 200 moving average (MA), acting as potential support in a bearish scenario.
Risk Management:
Consider implementing risk management strategies, including stop-loss orders, to protect against adverse market movements.
BTBT reversal pattern from deep oversold territory LONGBTBT on the 15-minute chart hit the dynamic resistance of the upper +1 VWAP line about
August 1st and fell in a VWAP breakdown through the mean VWAP while also heavily beating
earnings estimates into the underlying dynamic support of the lower -1 VWAP line earlier
today. I see this as an early reversal for a long trade setup with the first target the mean VWAP
at 17% upside and the second target the pivot highs of August 1st at 35% upside while setting
a stop loss @ 2.52. I have profitably traded BTBT in the recent past. I see the opportunity
to do so again. If you would like to know my call options contracts on this, please leave
a comment. These are very suitable for those with small accounts focused on realtively high
potential profits using a very small portion of the account in tight risk management ( Please like an follow)
BYND is signaling a reversal LONGBYND on the 15 minute chart has been in a VWAP band breakdown finally slowing down
with the ranging of the candles transitioning from wide body candles into ones more narrow.
Earnings were a very mild beat in the thick of the fall as apparently traders expected more.
The zero-lag MACD has crossed lines under a red histogram that flipped green. The dual time
frame RS Indicator shows low green TF and higher black TF low in the range but holding over
20-25. Relative to the fall of price this is hidden bullish divergence. My analysis is that
this is BYND at the near term bottom awaiting my long reversal trade. I will target 15.4 and
16.3 from the upside VWAP lines. If you are interested in my idea for a call option trade
please leave a comment. If you find the idea helpful please leave a like or even a follow.
EVAV a 2X leveraged EFT of EV Stocks Pullback LongEVAV in the past six weeks rose about 90% and then faded 5% in a correction
or pullback. This may be a buying opportunity. Price is heading down into the
area of the two mean VWAP lines where I will look for a bounce. Professiona
traders like to buy in the area of VWAP and so I expect high trading volumes
there are big traders take large positions.sThe high TF relative strength
line in black is holding steady The low TF relative strength line in blue
is in the range of 30. I expect the price to reach this buy zone in the next
couple of days and upon a confirmed reversal I will take a long trade targeting
108 in the area of the recent highs and the second deviatiion lines in thin
red.
VALE a junior miner can rise on the Gold bullrunNYSE:VALE as a junior miner could be reaosnably expected to follow spot gold.
The bottom line is quite simple. With fixed costs to mine gold, VALE can easily
expect to increase its margins when stop gold rises will above the breakeven
on a spreadsheet. The 2H chart shows price has descended into the support of
the long term anchored mean anchored VWAP line after a VWAP breakdown.
The PMO and ZL MACD are confirmatory for a consolidation sitting on dynamic
support.
Overall, the analysis is that of VALE setup to make a reversal for a bullish move
reflecting the gold run at large. I will take this trade long now.
FORD fell after good earnings - now reverses LONGFORD on the 2H chart double topped in mid July and then descended as it had reached
the second deviation line above the mean anchored VWAP. It continued the fall had a bit
of pre-earnings run up and then paradoxically fell with very decent top and bottom line
earnings. If you know why please let me know. After earnings and the fall, FORD reached
the long-term mean VWAP and reversed as can be seen on lower time frames. I see this
as a VWAP bounce, the favorite place for institutional traders to make their trades. A volume
profile and its POC line find the highest trading volumes of the time interval. the MACD
and Price Momentum Oscillators are confirmatory with reversal signals. I will take a long
trade here. The stop loss will be 13 below VWAP. Targets are 14 (25%) 14.5 (50%) and 14.85
(25%). This is a simple trade with $0.25 risk which will be eliminated once price gets
to $13.5 making it risk and stress-free. I have an options trade in mind. Comment if
you want my specifics.
Can NFLX rebound from the down turn after earnings?NFLX started a good trend up about June 25 and then pulled back in the day after the
earnings report. Although the earnings beat expectations, price continued to drop in
a VWAP breakdown shown here on a 2 hr chart. Over the 2 days that followed, price
has continued down at a slower rate and candle ranges are diminished. Importantly,
the zero=lag MACD shows a line cross under the histogram which has changed from
red /negative to green/positive. The lines have inflected upward. I see this as demonstrative
of bullish divergence and predictive of a reversal.
Overall, I see NFLX rebounding with a potential 15% upside. My target is 480 in consideration
of the swing high on July 18th with a stop loss of 415 the swing low of late June.
Can VZ reverse with earnings coming up?VZ on the 2H chart has been in a trend down since July 5 and the fall is accelerating
in the past three trading days. Earnings are a week away. The dual time frame RSI
indicator shows the weakness with RS in the oversold and undervalued zone while
the zero-lag MACD shows hard bearish momentum. Relative selling volumes are
about 3X the mean. Overall considering that price is now three standard deviations
below the mean anchored VWAPs set in March and April I believe that price is now
at or near the bottom. Accordingly I will watch for signs of a reversal on a 30-60
minute time frame from which to consider a long entry. the upcoming earnings
could increase volatility and potential profits if VZW can rally some trader interest.