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AMKR – 30-Min Short Trade Setup!📉 🔻 🔹 Asset: Amkor Technology, Inc. (AMKR – NASDAQ) 🔹 Timeframe: 30-Min Chart 🔹 Setup Type: Rising Wedge Breakdown + Retest Rejection 📊 Trade Plan (Short Position) ✅ Entry Zone: Below $14.90 (Confirmed Breakdown) ✅ Stop-Loss (SL): Above $15.74 (White resistance zone) 🎯 Take Profit Targets: 📌 TP1: $14.00 (psychological level + previous support) 📌 TP2: $13.69 (breakdown structure) 📌 TP3: $12.48 (major support level) 📐 Risk-Reward Ratio Calculation 📉 Risk (SL Distance): $15.74 - $14.90 = $0.84 risk per share 📈 Reward to TP2: $14.90 - $13.69 = $1.21 → R/R = 1:1.44 📈 Reward to TP3: $14.90 - $12.48 = $2.42 → R/R = 1:2.88 🔍 Technical Analysis & Strategy 📌 Rising Wedge Breakdown: Bearish structure broken with weak bounce back 📌 Trendline Retest Rejected: Price failed to reclaim wedge support 📌 Bearish Volume Confirmation: No strong buying after breakdown 📌 Downside Open: Clear path toward lower support levels 📉 Trade Execution & Risk Management 📊 Entry Confirmation: Weak price action below $14.90 📉 Trailing Stop Strategy: Move SL to breakeven after TP1 hits 💰 Partial Profit Booking: ✔ Book 50% profits at $13.69 ✔ Let rest ride to $12.48 ✔ Adjust SL to entry after TP1 ⚠️ Setup Invalidation ❌ Price reclaims and closes above $15.74 ❌ Strong bullish reversal candle with high volume ❌ Sustained consolidation above yellow zone 🚨 Final Thoughts ✔ Clean bearish wedge pattern with trendline break ✔ Ideal for momentum traders seeking continuation plays ✔ Excellent R/R for disciplined risk managers 💡 Stick to the setup, don’t chase, manage your trade like a pro. 🔗 #AMKR #NASDAQ #BearishSetup #ProfittoPath #StockTrading #ShortSetup #RisingWedge #TechnicalAnalysis #TradingPlan #RiskReward
NASDAQ:AMKRShort
by ProfittoPath
CRSP – 30-Min Short Trade Setup !📉 🔻 🔹 Asset: CRISPR Therapeutics AG (CRSP – NASDAQ) 🔹 Timeframe: 30-Min Chart 🔹 Setup Type: Bearish Pennant Breakdown + Retest Rejection 📊 Trade Plan (Short Position) ✅ Entry Zone: Below $31.30 (Confirmed Breakdown) ✅ Stop-Loss (SL): Above $33.58 (White Resistance Level) 🎯 Take Profit Targets: 📌 TP1: $28.56 (Mid-support zone) 📌 TP2: $25.61 (Key demand area) 📐 Risk-Reward Ratio Calculation 📉 Risk (SL Distance): $33.58 - $31.30 = $2.28 risk per share 📈 Reward to TP1: $31.30 - $28.56 = $2.74 → R/R = 1:1.20 📈 Reward to TP2: $31.30 - $25.61 = $5.69 → R/R = 1:2.49 🔍 Technical Analysis & Strategy 📌 Bearish Pennant Breakdown: Price broke the pattern and is now rejecting the yellow zone on a retest. 📌 Lower Highs + Breakdown Structure: Indicates weakness, confirming bearish bias. 📌 Support Levels Below: Room to fall towards multiple levels of structure. 📌 Volume Check: Look for continued weak volume on bounce to confirm lack of demand. 📉 Trade Execution & Risk Management 📊 Entry Trigger: Break and hold below $31.30 with weak bullish reaction. 📉 Trailing Stop Strategy: Move SL to breakeven once TP1 is hit. 💰 Partial Profit Booking: ✔ Close 50% position at $28.56 ✔ Let remaining ride toward $25.61 ✔ Adjust SL to breakeven after TP1 ⚠️ Setup Invalidation ❌ Strong bullish reversal candle with volume above $33.58 ❌ Consolidation above yellow zone after false breakdown ❌ Positive news or catalyst reversing trend 🚨 Final Thoughts ✔ Clean breakdown pattern with confluence resistance at $33.58 ✔ Bearish trend intact with lower highs and breakdowns ✔ High probability setup with strong R/R potential 💡 Stick to the plan, manage risk, and let the chart do the talking. 🔗 #CRSP #OptionsTrading #NASDAQStocks #TradingSetup #BearishTrade #ProfittoPath #SwingTradeSetup #RiskReward #ChartAnalysis #TradingView
NASDAQ:CRSPShort
by ProfittoPath
4/8/25 - $aapl - why it's the main stock to watch4/8/25 :: VROCKSTAR :: NASDAQ:AAPL why it's the main stock to watch - up until recently the TVC:TNX (10Y) was headed lower. this changed in the last few sessions. let's leave the various "explanations" beyond this (perhaps the comments) and simply focus on price. - the reason NASDAQ:AAPL is of particular importance is given it's supreme weighting in the SP:SPX (up until recently the largest cap, now NASDAQ:MSFT as of today), but more importantly it's bond-like cash flow stream and high ROE's given strong brand. this affords investors (even those who eschew tech generally, like uncle warren) the ability to "look through" various disruptive and often more terminal-weighted names, even if they're megacaps as well, like $nvda. the current fcf yield on NASDAQ:AAPL is almost identical to the 10Y. - when you look at the above chart which plots NASDAQ:AAPL vs. the NASDAQ:TLT (price of apple divided by the 10Y), you'll notice two obvious things (and i've used heikin ashi candles to further underscore the points). 1/ aapl has consistently outperformed the long bond in the last decade+ 2/ period of multi-month drawdown vs. the 10Y have averaged about 80 days and ~30% lower, nearly identical to where we are today - when we consider the "reinvestment risk" of something like the 10Y for something like aapl, and considering the historical parallels, one would ask the question "is this over". and that's why this is so interesting/ important to watch $aapl. - beyond it's growing digital services contribution to the business, the core product (which delivers these services) is still mainly based in the "china complex", whether that's assembly, or within a headline's scare away in Taiwan (w/ their chips). so it's *very* exposed to what's happening here and a liquid canary for sentiment as to what's happening. - and beyond a resolution to the tariff debacle (if i may be so polite to call it that and stick to the points I'm trying to make in this post), the 10Y is behaving in a way where confidence might be shifting more toward a pseudo-sovereign LIKE APPLE given it's bond-like characteristics (points above) versus this gov't issued IOU. In other words, would you trust NASDAQ:AAPL stock (or even their bonds for that matter) to appreciate (or the yield to decline) versus the US 10Y. And there is the funny conundrum... and the paradigm shift happening in real time. Said another way: 1/ if the 10Y starts to behave, it's likely because there's some market belief of tariff resolution and a path forward (let's call it "look thru" or "reduced uncertainty") and in this scenario NASDAQ:AAPL like outperforms any benefit to lower yields given the recent pullback and given the chart/ comments above. 2/ and if the opposite is true, and the market continues to call BS on this whole ordeal, the 10Y is likely to dramatically underperform NASDAQ:AAPL 's stock price and/or the bottom for NASDAQ:AAPL one could argue is much more limited (perhaps 10-15%, at most 20%) vs. the 10Y (TLT), and from there the risk-reward (the second-order implication of this) is still an NASDAQ:AAPL share price that, again, dramatically outperforms the 10Y. While is all to say: I am closely watching NASDAQ:AAPL as if it were the most important economic variable in this whole equation and believe it's much closer to not only a trade-able bottom but potentially a multi-year floor price than the market's current sentiment would lead you to believe. And without getting too long winded (which this already is), the similar logic applies albeit to a slightly lesser degree for NASDAQ:AMZN , NASDAQ:NVDA , NASDAQ:MSFT and a few other mega caps ( NASDAQ:META , NASDAQ:GOOGL ) each with their own quirks/ "features" or "drawbacks" in the current climate/ topic. So while I'm still packing 25% cash on the books, eventually this old man is going to call BS. And the big liquid stuff will be a good place to re-accumulate before we can distribute into the slightly more nuanced names (of which I own a few - if u follow u know). Let's see. Hope it helps your mosaic. Lmk (and especially) if you disagree. V
NASDAQ:AAPLLong
by VROCKSTAR
AMBA – 30-Min Bearish Trade Setup!📉 🔹 Ticker: AMBA (NASDAQ) 🔹 Setup: Falling Wedge Breakdown + Retest Rejection 🔸 Trigger Zone: ~$40.30 (yellow zone + wedge base retest) 📊 Trade Plan (Short Bias) ✅ Entry Range: $40.20–$40.40 ✅ Stop Loss (SL): Above $45.14 (white structure resistance) ✅ Profit Targets: • TP1: $34.75 (support zone) • TP2: $30.76 (trend support) • TP3: $27.50 (key demand area) 📐 Risk-Reward Notes: • Price broke falling wedge with weak retest • Rejection confirmed at wedge base and horizontal zone • Clean downside structure with strong momentum • Attractive risk-reward ratio toward multi-month supports 🔍 Technical Highlights: • Series of lower highs and sharp breakdown • Volume faded during bounce → weakness • Prior support now acting as resistance • Momentum favors continuation if $40 fails to hold ⚙️ Trade Management: • Lock in profits at TP1 • Trail stop below lower highs • Watch for acceleration below $34.75 for quick move ⚠️ Setup Invalidation: ❌ Breakout and hold above $45.14 ❌ Bullish engulfing candle with rising volume ❌ Price consolidates above yellow zone with strength
NASDAQ:AMBAShort
by ProfittoPath
NVIDIA: Time for a Graphic Comeback?🔍Analysis: Following up from a previous breakdown, NVIDIA has now tapped into a high-probability Weekly Order Block (OB) just above the sell-side liquidity zone at $88.97. This level also aligns with a structural area of support, making it a prime zone for a potential bullish reversal. Key signs: Price is showing early signs of displacement from the OB. If this zone holds, we could be looking at a 77% move back up to the buyside liquidity at $157.92. Watch for a strong weekly candle close above $96.30 to confirm the bounce. 🛑 Invalidation: If price fails to hold this OB and breaks below $88.97, expect a deeper move into the $76.06 zone. 💡 Summary: Patience is key. We’re sitting on a solid base for a potential bullish push — now it’s all about the confirmation candle. 📊 DYOR — Don't just HODL, study the chart!
NASDAQ:NVDALong
by INSIDER_INTEL
SLDB: S-1 Support Broken, Eyes on S-2 The stock has now broken below S-1 support at $2.92, confirmed by a large red candle signaling a clear downside breakout. With small-cap biotech under heavy pressure, a move toward S-2 support at $1.84 (dating back to Oct. 2023) is now a real possibility. Not trying to pick on the stock — just calling what’s in front of us. I’ve held off buying so far, and looking back, that patience is paying off. Still watching for a better entry. Stay tuned.
NASDAQ:SLDB
by BluntForceOptions
(AAPL) Crumbling in Chaos? Here's How Smart Traders Might Pivot 🔍 Market Mood: Everything’s Broken, Or Is It? We're not just watching candles here — we're watching psychology unravel. This isn't your average downtrend. The current chart screams capitulation, and the market isn't following textbook TA. EMAs, Fibs, CHoCH, BOS — they’re all being run over by macro fear. But chaos is a signal too — if you know how to listen. 🔍 Technical View — The Breakdown Inside the Breakdown * Trendlines? Crushed. The clean diagonal resistance failed to offer a bounce. Instead, AAPL dropped like a rock off a cliff. * Structure: AAPL attempted a weak pullback but immediately rejected lower, forming new lows. There’s no confirmation of CHoCH or any reclaim. * Current support: $170.56 (barely holding). Below this? It’s an air pocket to $165 and possibly $150 based on historical liquidity voids. * MACD: Turning down again — bearish crossover is alive. * Stoch RSI: Also curling lower, suggesting momentum is building for further downside. 🧠 Insight — When TA Fails, Price Memory Doesn't TA isn’t “failing” — it’s evolving. In chaotic environments, price memory becomes king. * Price memory zones: Think about levels where mass volume occurred before consolidation — not just lines. These zones become magnets. * Liquidity pockets between $175–$165 suggest algos will keep hunting stops there. So what should traders do when TA doesn’t give clear answers? 📊 TrendInfo Snapshot: * MA, DMI, RSI, MACD, Stoch, BBP — All Bearish * Fear Index: -21.68 * Recommendation: Sell (50%) This isn’t just a red dashboard — it’s a sentiment echo. Most retail traders are now too scared to buy, and that’s usually when big money starts accumulating slowly under everyone’s nose. 🧨 Options GEX — Gamma Exposure Tells The Hidden Story * Highest Negative GEX / PUT Support: $170 — A strong defense line… for now. * Put Positioning: 44.8% of the chain leans bearish. * Call Resistance: $195–$202 range — thick walls. * IVR: 113.5 — volatility is premium-priced. * Options Oscillator: Red blocks dominate — no sign of bullish reversal, yet. The takeaway? Market makers are likely short gamma, which means they’re forced sellers into dips. This creates momentum cascades unless a liquidity event reverses the flow. 🧭 Strategy — Don’t Predict, Prepare 1. If AAPL Reclaims $175+ with Volume: That’s the first sign big buyers stepped in. Look for confirmation via a CHoCH and MACD cross-up. 2. If $170 breaks with momentum: It's not just retail panic — institutions may be offloading too. Watch for a flush into $165 or even $150 for a fast scalp or long-term buy zone. 3. No-man’s zone ($170–$175): This is where patience pays off. Let price prove itself. 💭 Final Thoughts: Adapt Your Lens In chaotic times, don’t rely on indicators alone. Use a confluence of TA, sentiment, and price behavior. This is the moment where reactive trading — not predictive gambling — separates pros from the rest. This chaos isn’t the end — it’s the forge. The next rally will be shaped by traders who learned to read beyond lines and candles. Disclaimer: This analysis is for educational purposes only. It does not constitute financial advice. Always do your own research and manage your risk appropriately.
NASDAQ:AAPL
by BullBearInsights
NVDA Technical Analysis – April 9, 2025NVIDIA (NVDA) just got rejected at the top of a falling wedge channel on the 1H chart and is showing clear signs of continued bearish pressure. After testing a key resistance around the $102–$103 zone, price has sharply reversed and is now threatening to revisit lower trendline levels. Market Structure & SMC Insight: * NVDA remains in a strong downtrend with price confined in a descending wedge. * There was no confirmed CHoCH (Change of Character) or BOS (Break of Structure) indicating strength—only a lower high rejection. * A red resistance zone remains around $103.70, while major support lies around $86.74. * MACD is curling down after a bearish cross. * Stoch RSI is pointing lower from the mid-zone, signaling more downside may be ahead. * Volume has increased on this rejection, giving the move more credibility. TrendInfo Sentiment Summary: * MA: Bearish (-2.21%) * DMI: Bearish (38.33) * RSI, MACD, Stoch: All showing bearish confirmation. * DPR (Directional Pressure Ratio): Bearish (43.5%) * Fear & Greed: Fear (-15.78), overall Sell rating of 75%. This suggests that short-term traders are risk-off and sentiment is skewed toward more downside. Options GEX Analysis (Gamma Exposure & Sentiment): * Current GEX shows strong PUT dominance at 28%, aligning with a bearish directional expectation. * IV Rank (IVR) at 107.2 with IVx avg at 108.7 indicates high volatility; premiums are rich, great for credit spreads or directional put plays. * Key Put Support at $90 with heavy GEX clustering below. This is your downside magnet. * Call resistance sits near $102–$105 range, aligning with the recent rejection. Gamma walls at $108–$111 cap the upside. Trade Scenarios: Bearish Scenario: * Rejection confirmed. If NVDA breaks $94 again, a fast drop to $90 and even $86 support is on the table. * Put Options with strikes at $90 or debit spreads can work well. * Watch for continuation volume confirmation. Bullish Reversal Setup (Low Probability for Now): * Needs a reclaim of $103.70 with volume. * A CHoCH + strong bullish candle would trigger potential upside targets of $108 and $111. * Call debit spreads or long shares only if reversal is confirmed. My Thoughts: NVDA continues to reflect sector-wide weakness in semis. Without strong market support, the path of least resistance remains down. Given the macro volatility and sentiment tilt toward fear, it's wise to position conservatively and trade with tight risk. Final Suggestion: * Put Bias Active * Avoid heavy call exposure unless reclaim of $103 occurs * Sell premium if IV stays elevated (e.g. credit spreads) Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk accordingly.
NASDAQ:NVDA
by BullBearInsights
TSLA Breakdown Looks Weak! Bearish Momentum Builds Under Key ZonTSLA just broke down from a key structure with rejection under $243 and failed to reclaim it. Price is now stuck in a bearish SMC range and sitting inside a demand zone that’s showing signs of weakening. Here’s how it’s setting up: 📉 Market Structure & SMC Price is clearly trending inside a downward channel with consecutive break-of-structure (BOS) moves. The most recent bearish BOS confirms continuation, and there has been no clean change-of-character (CHoCH) to suggest bulls are regaining control. Supply remains untouched above $243, while price has now tested the $214–$221 zone multiple times. 📊 Indicators – MACD & Stoch RSI MACD histogram is fading and showing no momentum crossover. Stochastic RSI is deeply oversold but not turning up yet — this could signal either a pause or a weak bounce before continuation down. 📉 TrendInfo Summary (1H) The TrendInfo panel is heavily tilted bearish: Momentum (MACD, RSI, DMI) is all red Volume remains average but favoring red candles Fear & Greed sentiment reads at Fear (-14.42) Final recommendation: Sell (90%) This confluence supports the bearish thesis unless bulls step in aggressively at $214. 🧠 Options GEX Insight On the options side, we’re seeing a major wall of negative gamma around the $215–$220 zone — and the highest negative NETGEX / put support sits at $214.25, right where price is hovering. If this level breaks, gamma flows could accelerate downside volatility toward $200–$210, with no real put wall protection below until $190. On the flip side, the upside is heavily capped at $237.5 with HVL at that level. The nearest significant resistance lies at $260–$262, aligning with major call walls and the 62% GEX call resistance zone. IVR is extremely elevated at 137.8, with IVx at 140.2, showing strong option demand and volatility pricing. However, most of the flow is put-heavy (1.6%), suggesting institutions are not betting on a recovery just yet. 🎯 Trade Thoughts & Scenarios If price bounces here, we may see a short-term move to $230–$237.5 (gap fill or HVL reversion). However, unless TSLA reclaims $243, the broader structure remains bearish and rallies are likely to be sold. If $214 breaks, that opens downside to $210 and even $200 fast — especially with this kind of GEX structure. Swing traders can consider shorting failed bounces with tight risk above $230. Intraday scalpers can hunt rejections at $225–$230 zone. Final Thoughts: TrendInfo, order flow, and SMC structure are all leaning bearish. TSLA needs a strong shift in sentiment or macro support (like QQQ/SPY bottoming) to reverse this trend. Until then, bears are in control. This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly.
NASDAQ:TSLA
by BullBearInsights
[INTC] Crashing to $1-$5—Bankruptcy Ahead?Intel has underperformed recently, trapped in a bear market since 2019 while broader equities soared. Since 2000, shareholders have seen no gains—even with dividends included—leaving long-term investors increasingly frustrated. A market-wide 2008-style crash (see related ideas) could push Intel toward total collapse. The business is struggling too. Intel missed the AI boom entirely, its Foundry division is faltering, and revenues are shrinking. Before 2020, it posted annual earnings of $10–$20 billion; over the past year, it recorded $10 billion in losses. With $105 billion in net equity—mostly tied to hard assets that are tough to liquidate without losses—Intel’s financial cushion could erode quickly if more problems surface. Will It Go Bankrupt? Bankruptcy is possible but improbable. As a critical chip producer, Intel is too vital to U.S. interests to fail outright. I predict a government bailout, though shareholders would likely be wiped out. TECHNICAL ANALYSIS Since its bull market ended in 2000—25 years ago—Intel has been locked in consolidation. Now, the price is breaking down on high volume. It’s trading below the 200-month moving average (MA200 Monthly), a key long-term support level that confirms a bear market. The consolidation resembles an Elliott Wave ABC correction, with Wave B peaking in 2020. Since then, the price has declined in what appears to be an impulsive Wave C, forming an Ending Diagonal. When prices break downward from Ending Diagonals—especially alongside a 25-year consolidation breakdown, as is likely here—the move is often swift and severe. If the price exits both the consolidation and the Ending Diagonal, there’s virtually no support until the $4–$5 range. A market-wide crash could drive it as low as $1.
NASDAQ:INTCShort
by berightandsittight
GE Vernova, Inc. - A Leading Electric Power IndustryGE Vernova, Inc. is a company making waves in the electric power industry. Here's a brief overview: * Founded on November 09, 2021 * Headquartered in Cambridge, Massachusetts * Segments: 1. **Power**: Designs, manufactures, and services gas, nuclear, hydro, and steam technologies for dispatchable, flexible, stable, and reliable power. 2. **Wind**: Develops onshore and offshore wind turbines and blades. 3. **Electrification**: Offers grid solutions, power conversion, electrification software, and solar and storage solutions for electricity transmission, distribution, conversion, storage, and orchestration. Their mission is to generate, transfer, orchestrate, convert, and store electricity, making them a key player in the electric power industry.
NYSE:GEVLong
by ImmaculateTony
2
[TSLA] Bear Market to $15: Musk’s Empire at Risk?Tesla’s market cap now surpasses the combined market cap of all major automobile producers. Elon Musk is undeniably a genius, yet this staggering valuation owes much to a robust bull market and post-COVID hype. If Tesla were valued using the same earnings and revenue multiples as the average automaker, its stock price would hover between $15 and $20 per share. TECHNICAL ANALYSIS Tesla’s chart is one of the most striking I’ve ever seen. It reflects a powerful bull market that has completed an Elliott Wave five-wave structure, signaling that a bear market is likely next. Wave 4 formed a running triangle—a pattern typical in strong trends—and was followed by a short Wave 5, exactly as expected. Running triangles paired with a brief Wave 5 often indicate distribution. Indeed, Tesla’s chart reveals a beautiful four-year distribution phase (2021–2025). During this period, the stock struggled to climb higher due to persistent selling pressure. Strong hands have now offloaded their shares to weaker hands, setting the stage for a bear market. A triple divergence on the monthly RSI further confirms extreme overbought conditions and reinforces the case for selling. There’s no significant support until the $15–$20 range. If my prediction of a 2008-style crash in the S&P 500 (see related ideas) holds true, Tesla could bottom out around $15—a level that, intriguingly, aligns with its COVID-era low. "Bull market geniuses turn into bear market fools." Elon Musk net worth derives value mostly from Tesla and SpaceX as other companies are illiquid and very speculative. Current Musk's Tesla stake is worth around $100 billion if the price falls down to $15 it would be worth $6 billion, all other things being equal that alone would put a significant dent in his net worth. Musk is widely recognized as someone who leverages his Tesla shares and SpaceX to fund other ventures and lifestyle. It is not clear at what price level his margin calls are and what arrangements he has with banks but if crash of this magnitude happens all his Tesla shares could be wiped out with possible full blown bankruptcy. I wish him well and hope he does well, but this scenario is not unlikely and interesting to ponder.
NASDAQ:TSLAShort
by berightandsittight
United Postal Service | UPS | Long at $92.00The United Postal Service NYSE:UPS finally closed out the last remaining price gap on the daily chart (since 2020) and entered my "crash" simple moving average zone. With a P/E of 15x, earnings forecast growth of 8.12% per year, and a dividend over 6%, NYSE:UPS "may" be a good buy and hold through these tumultuous economic/trade war times. I wouldn't place a continued price drop near $75-$85 out of the question, but I'm not in the game of calling bottoms. At $92.00, NYSE:UPS is in a personal buy zone. Word of caution: if this stock really tanks due to trade issues and massive recession, $50s... Targets: $108.00 $120.00 $133.00
NYSE:UPSLong
by WorthlessViews
1
TKO 4/8/2025Dropped to the bottom of consistent channel and held through Tariffs and FUD thus far this week.. Can it hold??? EXTREMELY BULLISH on this company paired w Netflix. TKO = Driving force of live events for the foreseeable future for Netflix. NFLX will get NFL games every now and then as we have seen.. But week to week WWE will continue to regain traction and bring back older fans as this new era of no holds bar tv kicks off for them. UFC #s are way down on ESPN due to lack of "hype" talent @ this point. Numbers falling off, ESPN deal coming to an end, Clear cut next home for UFC is Netflix. They will go similar route as WWE. New shows, exclusive content commercial breaks during live events. All things that will drive up revenue again for UFC and add to TKO's growth. VERY BULLISH on TKO.
NYSE:TKOLong
by LoughTime303
TSLA Needs More Clear Signs for a Trend Shift Tesla's price action in 2024 has shown signs of weakness, casting doubt on the strength of its long-term upward trend. After a sharp decline from its peak, the stock is now at a critical juncture where key levels and momentum are in play. Here’s an in-depth look: Potential Bounce at Key Support: Tesla is currently heading toward the 180/140 support zone, which could act as a pivotal point for a potential rebound. If the stock manages to hold above these levels, it could set the stage for a recovery move toward the 300 resistance zone. The importance of this support level cannot be overstated, as a failure to hold could lead to further downside. Weak Momentum: Despite attempts at upward movement, Tesla's long-term bullish trend has significantly weakened due to a lack of momentum in 2024. The stock is struggling to build on past gains, and this lack of follow-through is a warning sign for those expecting continued growth. Momentum is a critical factor in maintaining an uptrend, and without it, the path of least resistance may be down. Breaking Below Key Levels: A significant development is the breakdown below the 300 level, a key psychological and technical level for Tesla. This breach signals a shift in market sentiment, and until the price can reclaim this level, the bearish pressure is likely to persist. Reversals from such levels often require strong confirmation, which has not yet materialized for Tesla. Trading Below Moving Averages: Tesla is now trading below both its 200-day and 20-day moving averages, further confirming the weakness in the trend. These moving averages act as important indicators of market sentiment and trend direction. Being below these averages suggests that momentum is against the stock, and the risk of further declines remains high unless a significant reversal occurs. 50% Decline from Peak: Since reaching its peak at 488.54, Tesla has seen a 50% decline, and there are no clear signs of a reversal in the short term. This prolonged decline suggests that the bearish trend is still in control, and the stock must show stronger signs of recovery before a sustainable upward move can be expected. Key Takeaway: Tesla’s current technical setup does not signal a clear shift to the upside. If the price continues to fall, the 180/140 support zone could become a crucial turning point for a potential trend reversal. However, the overall trend remains weak, and recent upward swings have lacked the strength needed to confirm a shift. In the short term, more evidence is needed before calling for a sustained move higher.
NASDAQ:TSLA
by Quantific-Solutions
1