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NVIDIA to ATH $153 until end of 2024 (16% ROI)With NASDAQ:NVDA , we are currently in a promising position to see a final exaggeration into the end of the year. The stock has risen over 180% percent in 2024 and I think we have a good chance to make 200% out of that. Looking at the chart we can see a clear uptrend trendline starting in August this year with multiple touchpoints along the line. Since October we're consolidating within the range from $131 to $153. After touching the trendline on thursday last week we're good to go higher (at least for now). Resistance will be the current ATH at $153. If we fail to hold the level at $131 on the daily chart the trade will be invalidated. That leaves us with 16.54% ROI in total. Target Zone $153.00 Support Zone $131.00
NASDAQ:NVDALong
by LGNDRY-Capital
4
UNH Selloff Unreasonable - Still 15% ROI Short-TermSince my first NYSE:UNH idea a couple of days ago the price of this stock dropped significantly. If you've been part of the first idea you should've been able to lock in around 1.x% of return when using a tight stop-loss. Otherwise you've been stopped out with break-even. Nevertheless, the sell-off was not helpful and is completely exaggerating the situation at UNH since the company is not really effected by the current PBM debate. "Deutsche Bank sees a potential divestiture as not having a significant impact on earnings, estimating the risk at likely less than $200M of the company’s roughly $30B+ operating earnings. Deutsche Bank noted, however, that CVS (CVS), Cigna (CI) and UnitedHealth (NYSE:UNH) 'could face additional risk from losing the ability to vertically integrate the PBM, fulfillment and manufacturing functions of biosimilars through organizations like Cordavis and Quallent.' Despite concerns about the potential breakup of their pharmacy businesses, Deutsche Bank maintained it's buy rating on UnitedHealth (UNH)." From a technical standpoint we can see a confluence of support: Weekly SMA200 Strong Trendline from March 2020 Horizontal Support at $480 UNH managed to bounce from the trendline intraday today. This could mean we're going to see a turnaround from here. If we break below the trendline on the daily chart this trade will be invalidated. Otherwise our target sits at $550.
NYSE:UNHLong
by LGNDRY-Capital
1
D-Wave Quantum (QBTS) Analysis Company Overview: D-Wave Quantum NYSE:QBTS is a pioneer in commercial quantum computing, leveraging its annealing-based quantum technology to address complex computational challenges. Its first-mover advantage in quantum solutions positions it as a key player in this emerging industry. Key Catalysts: Differentiated Technology: D-Wave’s annealing-based quantum model sets it apart from competitors focused on gate-based systems, enabling practical, near-term solutions for optimization problems across industries. Government and Defense Partnerships: Increasing traction with key clients like the U.S. Department of Defense and other government agencies validates D-Wave’s credibility and enhances its potential for lucrative long-term contracts. Strong Revenue Projections: Wall Street forecasts a nearly 70% revenue growth to $14.8 million by 2025, reflecting rising demand for D-Wave’s quantum solutions and marking progress toward scalability and profitability. Investment Outlook: Bullish Outlook: We are bullish on QBTS above the $3.75-$3.80 range, supported by its competitive technology, increasing adoption, and strategic partnerships. Upside Potential: Our upside target for QBTS is $9.00-$10.00, driven by expanding commercial applications, strong revenue growth, and continued government traction. 🚀 QBTS—Harnessing Quantum Power to Solve Tomorrow’s Challenges Today. #QuantumComputing #Innovation #TechGrowth
NYSE:QBTSLong
by Richtv_official
MSTR - Ponzi Loop Will Crash & BurnEvery now and then, I like to say that greed eats brains for breakfast. In the case of MSTR, though, it seems to have state approval to do so. How else could MSTR still be kicking? There’s nothing to chart here. Nada. Zip. This is pure pump-and-dump economics born out of the "perfect storm" of circumstances. Fast money? Sure, it's fast—but definitely not sustainable. It’s also a foolproof recipe for losing not just your shirt, but your pants and maybe even your dignity. Remember GME and all the other “get rich quick” lemming programs? Only a microscopic percentage actually "got rich," and an even tinier fraction stayed rich. Most of them? Just cautionary tales with a hefty dose of regret. Sorry, gamblers… err, "investors." §8-) Instead of betting the farm on people like Michael Saylor, how about this revolutionary idea: use your own brain. Learn chart analysis, develop real skills, and slowly build up a nest egg that’ll still be around when you’re old and gray. But hey, who am I to judge? MSTR SHORT until 0.0001
NASDAQ:MSTRShort
by Tr8dingN3rd
6
META, MAJOR CORRECTION LIKELY SOON Hey guys I wanted to share what I’m seeing in meta on the 2 week. Meta is another one that’s had a very nice move for a while. I hope some of y’all did well on it. Meta is coming to the end of this phase and it’s due for a large correction very soon in my opinion. We have strong bearish divergence between price action, strength, and volume combined. Also hitting a major trend line. It’s in the final stages of wave 5 now. The rsi is finally about ready to rollover as well. Over the coming weeks and months ahead we are looking at a potential 35% correction from here for Meta. Of course there will be some nice swing trading in the middle of all this which is what we do at THE TRADER EDGE. I still wanted to start sharing the bigger pic ideas with the public in hopes that I can truly add a little value to someone out there. As traders we always trade the higher probabilities. Nothing is certain here with meta but the probabilities of at least a hard correction are very high. Stay safe, stay focused, no emotions. God bless y’all 👊🏼 Visit us at : thetraderedge.com
NASDAQ:METAShort
by Thetraderedge
Coca-Cola Company (KO) - Long Setup After One More Leg DownWe're identifying a potential long setup on Coca-Cola's weekly chart. The price is moving towards a key buy zone near the 0.618 - 0.786 Fibonacci retracement levels, a strong area of historical support. This setup indicates a favorable risk-to-reward ratio for a bullish rebound. Trade Details: - Entry (Buy Zone): $59.88 - Stop-loss: $57.15 Targets: - Target 1: $65.12 (0.382 retracement) - Target 2: $78.82 (0.236 retracement) Analysis: The confluence of Fibonacci levels within the buy zone enhances the probability of a reversal. Monitor price action closely as it approaches this zone. This is a swing trade setup with a medium to long-term timeframe.
NYSE:KOLong
by MrStockWhale
Freshworks: Why you should consider this company as a good buy.Hello, Today we shall be looking at Freshworks. Freshworks, Inc. is a software development company, which engages in software-as-a-service products. Its products include Fresh desk, Fresh service, Fresh sales, Fresh marketer, and Fresh team. You can find more details on the company here www.tradingview.com TECHNICAL ANALYSIS- Checklist Structure drawing (Trend line drawing on past price chart data)- As shown in chart below Patterns identification (Naming patterns on past price chart data for future wave)- The price is correcting & forming a flat pattern Future indication (Reading indicator for future wave)- 0 crossover on MACD Future wave (Drawing on future price chart using future indication from indicator)- As shown in the chart below Future reversal point (Identifying trend reversal point on price chart using structure)- Target at the top as shown This is as shown here: Third Quarter 2024 Financial Summary Results Revenue: Total revenue was $186.6 million, representing growth of 22% compared to total revenue of $153.6 million in the third quarter of 2023, and 22% adjusting for constant currency. GAAP (Loss) from Operations: GAAP (loss) from operations was $(38.9) million, compared to $(38.7) million in the third quarter of 2023. GAAP Net (Loss) Per Share: GAAP basic and diluted net (loss) per share was $(0.10) based on 302.1 million weighted-average shares outstanding, compared to $(0.11) based on 294.1 million weighted-average shares outstanding in the third quarter of 2023. Non-GAAP Net Income Per Share: Non-GAAP diluted net income per share was $0.11 based on 302.7 million weighted-average shares outstanding, compared to $0.08 based on 302.6 million weighted-average shares outstanding in the third quarter of 2023. Net Cash Provided by Operating Activities: Net cash provided by operating activities was $42.3 million, compared to $23.9 million in the third quarter of 2023. Free Cash Flow: Free cash flow was $40.1 million, compared to $22.1 million in the third quarter of 2023. Cash, Cash Equivalents and Marketable Securities: Cash, cash equivalents, and marketable securities were $1.05 billion as of September 30, 2024. To follow on company news see www.tradingview.com Our recommendation Freshworks is strategically positioned for future growth. Over the past five years, its revenue has consistently increased, and the company is showing promising signs of nearing profitability. Achieving profitability will unlock additional cash flow, enabling Freshworks to reinvest in its operations and expand into untapped markets, fueling long-term growth. From a technical analysis perspective, the stock has been consolidating in a sideways correction over the past two years, reflecting a period of accumulation. Recent momentum peaked in October 2024 and the stock rose over 50% in a few days, with clear indications of a potential breakout as investor interest intensifies. In the shorter timeframe, a minor correction appears currently underway, presenting an attractive entry point for new investors around the $15 level. With a medium-term target of $24, this setup offers a compelling opportunity for value-seeking investors looking to capitalize on Freshworks' upward trajectory. Our recommendation is a strong buy on this stock at the current areas with a target of $24 per share. Current price: $16.41 (11th December 2024)
NASDAQ:FRSHLong
by thesharkke
10
NTDOY Break Out incomingNintendo is poised to break out as there are numerous bullish events upcoming, 1. They just released a Pokemon trading card game app and it is addictive! All of my friends who are in their mid thirties have picked it up and are playing actively. Its a simple enough game for anyone to get into, but has alot of different strategies for people who are looking for a challenge. This game is going to print money. 2. The Switch 2 is right around the corner. As the Switch is almost the greatest selling system of all time, the Switch two is set up for immediate success. It is rumored to have backwards compatibility, so the Switch's already immense library give the system instant utility. Not to mention, it will be supported by world in class exclusives. The hard core Nintendo enthusiasts will pick this up day 1 and it will continue to dominate due to it's backwards compatibility and new features. 3. Nintendo is beginning to dominate media. The mario movie made 3x it's cost in the first month. It is also heavily rumored that a live action Zelda may be in the works. As Nintendo begins to explore this new avenue further, they may find success and unlock a brand new revenue stream by licensing their characters to media producers. 4. Nintendo is a digital distributor, meaning that traditional supply chain constraints only impact them at the base hardware level. Also, as we move more towards digital selves, companies that can sell art that is tied to culture or nostalgia, such as nintendo characters, are going to do very well. People will pay to use these characters to represent themselves.
OTC:NTDOYLong
by listo82
Starbucks (SBUX) - Long Setup On a ReversalWe're monitoring a potential bullish setup for Starbucks on the daily timeframe. The price is approaching a key buy zone, identified at the 0.618 - 0.786 Fibonacci levels, which aligns with previous structural support. This presents an opportunity for a reversal to the upside. Trade Details: - Entry (Buy Zone): $83.69 - Stop-loss (Red Zone): $76.79 Targets (Green Zones): - Target 1: $91.24 (0.382 retracement) - Target 2: $110.85 (0.236 retracement) Analysis: The bullish bias is supported by the confluence of Fibonacci retracement levels and the structural buy zone. Look for a bounce in this zone, with upside potential to the 0.382 and 0.236 retracement levels. This is a swing trade setup, so patience is key.
NASDAQ:SBUXLong
by MrStockWhale
ANF rocket fuel primed: Price Discovery ActivatedGreetings Everyone, I couldn’t delay sharing this exciting analysis on Abercrombie & Fitch (ANF), as it’s showing a significant technical setup that demands immediate attention. Supplementary Photos: www.dropbox.com 🌀 ANF’s Fourth Wave Triangle: What’s Unfolding? Abercrombie & Fitch is currently forming a classic 4th wave triangle as part of a larger Elliott Wave structure. Based on my analysis, it appears this consolidation phase has just completed, setting the stage for a potential breakout into the 5th wave. Here’s why this matters: 📈 Key Insights into ANF’s Wave Structure Fourth Wave Triangles in Elliott Wave Theory Fourth waves often manifest as contracting triangles—periods of lower volatility and sideways price action. These patterns serve as a pause in the trend before the final impulsive wave (Wave 5). ANF’s price action fits this structure perfectly, with decreasing volume during consolidation, a hallmark of Elliott Wave triangles. What’s Next? : If the triangle breakout is confirmed, I anticipate a strong 5th wave rally. Support and Resistance Zones The lower boundary of the triangle is providing robust support, while the breakout level near the upper resistance aligns with key Fibonacci retracement levels. Monitor for volume spikes as price approaches the breakout zone—this will validate the bullish move. Volume Dynamics Similar to what we’ve seen in past examples (like Chainlink’s accumulation breakout), volume during the breakout phase is crucial. ANF recently showed strong buying pressure near the triangle’s apex, indicating potential momentum. 📊 Strategy and Risk Management To maximize this opportunity, here are the key levels and strategies to consider: • Entry Point: A confirmed breakout above the triangle’s resistance with sustained volume. Stop-Loss: Place stops just below the triangle’s lower boundary to limit downside risk. Target: Based on Elliott Wave projections, the 5th wave could aim for 1.618 extension of Waves 1–3. Keep this level in focus as a profit-taking zone. Invalidation: A breakdown below the triangle would signal that the 4th wave correction is incomplete or that the larger wave structure is failing. Why This Setup is Important Abercrombie’s breakout would align with: • Broader market recovery trends. • Improved earnings performance (as seen in its Q3 highlights). • Continued strength in consumer spending and brand expansion efforts. Closing Thoughts This is a pivotal moment for ANF. With the completion of the 4th wave triangle
NYSE:ANFLong
by coilemard
3
Tesla (TSLA) - Short Setup Incoming Tesla (TSLA) - Short Setup Looking at Tesla on the 1-hour chart, we are observing a potential bearish scenario. The price has retraced into the 0.618 - 0.786 Fibonacci zone, forming a reversal structure in line with Elliott Wave principles. This zone coincides with the prior breakdown level, making it a critical area of interest. Trade Details: - Entry: $462.27 - Stop-loss: $476.65 Targets: - Target 1: $403.07 - Target 2: $360.66 Analysis: The current bearish impulse indicates a possible continuation to the downside. With the first target near $403.07 (0.236 extension), this area will be watched closely. If momentum persists, we could see a push toward $360.66, aligning with the -0.382 extension.
NASDAQ:TSLAShort
by MrStockWhale
NVDA Analysis in Three Trading Strategies1. GEX Analysis for Options Trading Gamma Levels and Key Insights: * Support Levels: * $130: Major put support, showing strong downside protection. * $128: Next support level (3rd Put Wall). * Resistance Levels: * $134: HVL (High Volatility Level) and pivotal gamma level for upside moves. * $136: Highest NET GEX, indicating a strong resistance zone. * $137–$140: Major call wall resistance. * IV and Sentiment: * IVR: 38.9, suggesting moderate implied volatility. * Calls %: Moderate at 37.3%, indicating mixed sentiment. Options Strategy: * Bullish: * Buy calls above $134 with a target at $136 and $137. * Use $132 as a stop-loss. * Bearish: * Buy puts below $130 with a target of $128 and $126. * Use $132 as a stop-loss. 2. 1-Hour Chart for Swing/Day Trading Key Observations: * Trend: Downtrend with lower highs and lower lows, confirming bearish sentiment. * Support and Resistance: * Support at $130, aligned with gamma levels. * Resistance at $134. * Indicators: * EMA (9/21): Bearish alignment with price below both EMAs. * MACD: Bearish crossover, confirming downside momentum. Swing/Day Trading Setup: * Bullish: * Entry: Above $134 with volume. * Target: $136 and $137. * Stop-loss: Below $133. * Bearish: * Entry: Below $130. * Target: $128 and $126. * Stop-loss: Above $132. 3. 2-Minute Chart for Scalping Key Observations: * Trend: Strong intraday selling pressure with no significant recovery. * Scalping Levels: * Resistance: $131.20. * Support: $130.00. * Volume: * Selling pressure increased during the latter half of the session. * Indicators: * EMA (9/21): Dynamic resistance, confirming bearish structure. * MACD: Bearish divergence with no signs of reversal. Scalping Strategy: * Bullish: * Entry: Break above $131.20. * Target: $132.00. * Stop-loss: Below $131.00. * Bearish: * Entry: Break below $130.00. * Target: $129.00. * Stop-loss: Above $130.20. Disclaimer This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk appropriately before trading.
NASDAQ:NVDA
by BullBearInsights
1