Get started
TESLA: Patience Is KeyAdmittedly: The news surrounding Tesla is not particularly exciting at the moment. Nevertheless, it is unlikely that the share price of the e-mobility pioneer will plummet. Rather, it is now important to wait for an ideal entry point. The share has currently recovered significantly from its recent lows and a long entry would offer a suboptimal RRR. Instead, we assume that the price will move sideways to negative in the coming weeks and months, in line with the rather bearish annual seasonality, which usually lasts until September or October. The entry point shown at around USD 260 would then provide an ideal RRR for a long trade that would take us to the ATH area and possibly beyond.
NASDAQ:TSLALong
by Ochlokrat
This may look like a repost of yesterday's idea - it's not.As tempting as it was today to choose TSLA and profit from the middle school girl drama that is Elon and DJT today, I’ll wait until the dust settles on that one to profit from it. Yes, the chart here for CME looks almost identical to the one for TW in the idea I posted yesterday. Hopefully, the outcome will be the same. CME's performance with my algo has been stellar historically, and with a chart like this, it shouldn't be surprising. Its returns have been eerily similar as well. Overall, it has a 682-1 record with my algo (per usual, the 1 is from a signal yesterday). Average gain is 1.33% and the average holding period here is 17 days. Not quite 2x the average daily return in the market. Not huge, but very reliable. So, long at 274.90 is the call here. Maybe FPC close, maybe not. The results above are based on FPC, however. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
NASDAQ:CMELong
by redwingcoach
8
Costco Wave Analysis – 5 June 2025 - Costco reversed from the resistance zone - Likely to fall to support level 985.00 Costco recently reversed down sharply from the resistance zone located between the key resistance 1080.00 (which stopped the previous impulse wave 5) and the upper weekly Bollinger Band. The downward reversal from this resistance zone stopped the earlier weekly impulse wave 5 from April. Given the strength of the nearby resistance zone and the bearish divergence on the weekly momentum indicator, Costco can be expected to fall to the next support level 985.00.
NASDAQ:COSTShort
by FxProGlobal
Elon Musk vs Trump: Who you betting on?Elon Musk and Donald Trump have recently had a public falling-out, with their feud playing out on social media and in political circles. The dispute seems to have started over Trump's new budget bill, which Musk has criticized for increasing the national debt. Trump, in turn, accused Musk of being upset because the bill removes electric vehicle subsidies that benefit Tesla. The tension escalated when Trump suggested that Musk had known about the bill beforehand and had no issue with it until after leaving his government role. Musk denied this, claiming he was never shown the bill and that it was passed too quickly for proper review. Trump then took things further by threatening to cut Musk’s government contracts and subsidies, which amount to billions of dollars. Musk responded defiantly on social media, calling Trump "ungrateful" and claiming that without his financial support, Trump would have lost the election. TSLA violated key levels and will be looking for a sharp technical bounce off the $260-$257 zone
NASDAQ:TSLALong
by Trading-Capital
27
Long at 138.26 -- TW trades up short term, imoLike my UBER idea from yesterday, TW doesn't have a long enough track record for my to "officially" rank it among the stocks I trade, but also like UBER has produced excellent results during its albeit relatively brief history. Its record with my algo is 158-1 (the one "loss" is from a signal generated yesterday). The average gain was 1.33% in 13 trading days - over 2x the average daily market return. I have recently been applying an additional filter which was applied to this trade that has produced 9 trades in TW over the last 2 years that have produced an average daily return of over 1% and 7 of the 9 trades using this filter closed the next day and all 9 closed within 3 days. That's obviously too small a sample size to draw any significant conclusions from, but it certainly doesn't hurt my confidence that this is a good entry point for me. Additionally, that regression channel covers the entire last year and shows how consistently this stock has risen over that time. Trends obviously continue until they don't, but the trend is always your friend in trading, so it's another boost to my hopes for this trade. A big, fat 1 day return is the goal, but I reserve the right to not exit on the FPC. I may hold this one a little longer than usual depending on the circumstances because I believe it could increase my per day held returns. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
NASDAQ:TWLong
by redwingcoach
2
Everything we know about the Trump - Musk divorce (so far) Elon Musk publicly criticised Trump’s “One Big Beautiful Bill” as a “disgusting abomination” that would explode the U.S. deficit and “bankrupt America.” The bill is projected to add $2.5 trillion to the U.S. deficit over 10 years. Musk claimed Trump wouldn’t have won the 2024 election without his support, calling the backlash “such ingratitude.” Musk then alleged on X that Trump appears in the Epstein files. This marks a serious escalation (but we all thought this before Musk confirmed it right?) Trump followed up on Truth Social by calling Musk “crazy” and hinting at cancelling federal contracts with his companies. Trump wrote that cancelling subsidies for Musk’s companies “could save billions,”. Tesla has wiped out ~$100 billion in market value. Tesla now politically exposed? Musk floated the idea of creating a new centrist political party, criticising both Democrats and MAGA Republicans. “We need a party that actually represents the interests of the people. Not lobbyists. Not legacy donors. Not extremists.”
NASDAQ:TSLA
by BlackBull_Markets
9
This one is speculative, but it could be a moon shot for a flipSo this one is a little riskier than most trades I take, but the juice has been historically worth that squeeze. Historically, this setup has never produced a losing trade on RKLB, so I don't expect this time to break that streak. In addition to having a perfect record, it also has stellar (no pun intended) daily rates of return. It's also in the midst of a solid uptrend, making the trade a little less risky than it otherwise might be. The average trade using this signal lasted 15 days and gained 6.2% - a .41% per day return (10x the long term market daily average return). However, that number was skewed by a few long trades. The median was 4% in 6 days (15x the average daily market return) and almost 1 in 4 trades produced a gain of > 10%. I don't expect that kind of gain here, but it'd be nice if it happened. This one is also a stock that tends to produce multiple signals in succession, so I am prepared to add to the position if that occurs. I may or may not use FPC depending on the return on the FPC day. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
NASDAQ:RKLBLong
by redwingcoach
2
U : Long There were both good and bad developments for Unity. While the joint project opportunity with BMW Group is very positive news, Departure of the current CEO was negative news. Technically, it is above the 50 and 200 period moving averages, and the 50 period ema is also above the 200 period ema. A risk/reward ratio of 3.00 can be evaluated, with the Stop-Loss being close to the 200-period ema and the target price being targeted at the large gap closing value.(Small position size) Entry : 24.76 - 24.81 Risk/Reward Ratio : 3.00 Stop-Loss : 22.23 Take Profit Level: 32.54
NYSE:ULong
by Noldo
Cognyte Software is breaking outCognyte Software (CGNT) just cleanly broke out above long-standing resistance around $11, and the structure suggests it wants to start a new bullish leg higher. Let’s break down where it might go, using a technically grounded roadmap: Why This Move Looks Like the Start of a New Rally 1. Structure Shift That $11 level was a ceiling going back multiple quarters. The breakout was impulsive and clean, with closing strength and solid volume. This suggests accumulation beneath resistance is now turning into trend expansion — classic phase 2 breakout in market structure. 2. MACD & RSI Still Supportive MACD is still positive and has not crossed bearish, just flattening — typical of mid-trend pauses, not reversals. RSI at 76 is overbought, but not diverging, which means momentum is still valid. CGNT is acting like it wants to run, not roll. Where Can It Go? We'll project using: A) Measured Move Previous range (Feb–May): $8.00 → $11.00 = $3 range Breakout above $11 → Target = $14.00 B) Fibonacci Extension (Breakout Leg) Using swing low ($7.50) to pre-breakout high ($11.00): 1.618 Fib extension = ~$13.25 2.0 extension = ~$14.50 These targets align well with the measured move, giving us $13.25–14.50 as a logical upside zone if the trend holds. C) Psychological & Round Numbers $12.00 is the next short-term magnet Then $13.50–14.00 as medium-term targets What Invalidates the Move? Breakdown below $10.80 (failed breakout = trap) RSI divergence + MACD crossover Weak follow-through volume Godspeed.
NASDAQ:CGNTLong
by BenRoses
COST Short – Double Top Rejection with Bearish CCI SignalNASDAQ:COST 📅 Entry: June 5, 2025 📉 Price: 1,055 ✋ Stop: 1,078 🎯 Target: 1,013 ⚖️ Risk-Reward: 1:2 ✅ Status: Target hit earlier than expected 🧠 Trade Idea: COST tested a major resistance zone at 1,078 — aligning with: A historical horizontal resistance The top boundary of a rising channel Meanwhile, the CCI indicator turned downward, signaling weakening momentum. A strong bearish daily candle confirmed the entry. 📌 Price dropped quickly to the 1,013 target, completing a clean 1:2 short setup.
NASDAQ:COSTShort
by meir_ag
3
Tesla (TSLA) – SMC Buy Zone Identified🕒 1H Chart | Wave Structure + Liquidity Sweep | Vol: 680K+ 🔍 Context: TSLA appears to have completed a textbook 5-wave impulse, peaking near $385. Price has now retraced into the discount zone, testing a prior equilibrium and FVG (Fair Value Gap)—ideal for reaccumulation. 🧠 Technical Breakdown: ✅ Wave Count Complete: Elliott Wave (1–5) structure suggests a cycle top was formed. 📉 Current Retracement: Price is approaching the 0.5–0.618 Fibonacci retracement and strong OB zone around $294–$303, aligning with Smart Money’s typical entry zones. 📦 Choch → BOS Confirmation: Bullish structure shift suggests a potential reversal zone. 💰 Buy Zone: $294.89 (key low) to $303.17 (equilibrium). 🎯 Target: $513.06 (Fibonacci extension + liquidity cluster). 🧮 Probability Outlook: 📈 Bullish Probability: 70% — Favoring upward continuation post-retrace. 📉 Bearish Breakdown: 30% — If $294 fails, expect deeper retracement toward $267 support. 📊 Strategy Suggestion: Wait for a bullish confirmation candle near $294–303 zone. Add size above break of minor BOS. Target premium levels with trailing stop logic. #TSLA #SmartMoneyConcepts #Fibonacci #ElliottWave #VolumeProfile #TradingStrategy #WaverVanirInternational
NASDAQ:TSLALong
by Wavervanir_International_LLC