Possible Head & Shoulders Forming Possible head and shoulders forming on the weekly chart could signal more downside ahead.
This plays into a large corrective wave that started in November 2021, which still needs to form a wave-C of comparable size.
A new high above the wave-B top would negate this count.
NEGG pushed up to over 100%. Why the fireNEGG pushed up to over 100%
Newegg Commerce Inc. (NASDAQ: NEGG) experienced a significant surge in its stock price on June 5, 2025, with shares rising over 100% during the trading day.
The stock opened at $6.29 and reached an intraday high of $11.50, closing at $11.33, marking a substantial increase from the previous day's close.
The dramatic increase in NEGG's stock price appears to be driven largely by retail investor enthusiasm, reminiscent of previous "meme stock" phenomena.
Such surges are often fueled by social media discussions and speculative trading, rather than fundamental business developments. --- As said by Ainvestment
SJVNSEBI-Disclosure for Stock Analysis
For Informational Purposes Only: The analysis provided above is for educational and informational purposes only and is based on the technical interpretation of the supplied stock chart. It should not be construed as financial advice, investment advice, or a recommendation to buy, sell, or hold any security.
Not a Financial Advisor: I am an AI assistant and not a registered or qualified financial advisor, investment advisor, or stockbroker. The information presented is generated without considering your individual financial situation, risk tolerance, or investment objectives.
Risk of Loss: Trading and investing in financial markets, including equities, carry a significant risk of loss. The value of stocks can fluctuate, and you may lose part or all of your investment. Past performance is not indicative of future results.
Consult a Professional: Before making any investment decisions, you should conduct your own thorough research and/or consult with a qualified financial professional to assess your personal circumstances and the suitability of any investment.
Information Accuracy: While this analysis is based on the data visible in the chart, it does not account for all possible market variables, including fundamental factors (like company earnings, debt, management) or macroeconomic events (like interest rate changes, government policies) that can impact the stock's price.
TIME TECHNOPLASTSEBI-Disclosure for Stock Analysis
For Informational Purposes Only: The analysis provided above is for educational and informational purposes only and is based on the technical interpretation of the supplied stock chart. It should not be construed as financial advice, investment advice, or a recommendation to buy, sell, or hold any security.
Not a Financial Advisor: I am an AI assistant and not a registered or qualified financial advisor, investment advisor, or stockbroker. The information presented is generated without considering your individual financial situation, risk tolerance, or investment objectives.
Risk of Loss: Trading and investing in financial markets, including equities, carry a significant risk of loss. The value of stocks can fluctuate, and you may lose part or all of your investment. Past performance is not indicative of future results.
Consult a Professional: Before making any investment decisions, you should conduct your own thorough research and/or consult with a qualified financial professional to assess your personal circumstances and the suitability of any investment.
Information Accuracy: While this analysis is based on the data visible in the chart, it does not account for all possible market variables, including fundamental factors (like company earnings, debt, management) or macroeconomic events (like interest rate changes, government policies) that can impact the stock's price.
$UNH sub $200?After the last fall, I thought that we'd see a more significant bounce, however the lack of follow through on any bounce attempt has me now looking for more downside.
I think it's very likely that UNH continues lower here and falls to one of the lower support levels.
I think the two lower supports are the most likely levels for a good long-term buy.
Let's see how it plays out.
Correction Wave for Core Wave - Opportunities to Jump InCoreWeave โ Possible Head & Shoulders Breakdown
๐ Overview
- The stock is currently trading at $138.04 , after a sharp drop of -15.37% today.
- A potential Head and Shoulders pattern is forming, suggesting a bearish reversal after a parabolic uptrend.
๐ Chart Patterns & Key Levels
๐ฅ Head and Shoulders Formation
- The head appears to be forming now.
- The potential head height suggests a potential downside of ~45% , which aligns with a previous resistance zone near $70โ75 .
- If confirmed, this pattern could lead to a full retracement to this level.
๐ Gap Targets (Short-term)
- Target 1 : There is a gap-fill level around $125โ128 (highlighted in light pink).
- Target 2 : Another gap support zone exists around $110โ112.
๐ Trendline Support
- A dashed orange trendline (upward-sloping) may offer temporary support.
- If this is broken, selling pressure could intensify.
๐ MACD (Momentum Indicator)
- MACD lines are elevated but appear to be turning, indicating that momentum may be exhausted .
- No bearish crossover yet , but watch for one as a signal of further weakness.
๐ธ Average Cost
- Most transactions executed at 40$. Good for those realizing current rally.
โ ๏ธ Strategy & Risk
- A break below $130 could trigger a deeper correction toward the gap levels.
- If the head-and-shoulders neckline breaks, expect a move toward $70 s, which represents a -45% retracement from the top.
- Monitor volume and MACD crossover for confirmation of a breakdown.
- Consider using tight stop-losses above the right shoulder if trading short.
PIAHCLA LONG TRADE 05-06-2025PIAHCLA LONG TRADE
PIAHCLA has been trading in a converging channel since June 2024. Recently, the stock gave a breakout from this channel, preceded by a selling climax and a strong upward reversal (spring-like motion) supported by good volume gradient.
The breakout has also created an IFDZ, which will act as a barrier against downward movements. Considering these factors, we believe this trade setup has high probability and is relatively safe.
๐จ TECHNICAL BUY CALL โ PIAHCLA๐จ
- BUY1: 19.5 (current level)
- BUY2: 18.9
- BUY3: 18.3
- TP1: 21.6
- TP2: 23.7
๐ STOP LOSS: BELOW 17.1 DAILY CLOSE
๐ RISK-REWARD: 1:4.5
Caution: Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
ELGI EQUIPMENTSEBI-Disclosure for Stock Analysis
For Informational Purposes Only: The analysis provided above is for educational and informational purposes only and is based on the technical interpretation of the supplied stock chart. It should not be construed as financial advice, investment advice, or a recommendation to buy, sell, or hold any security.
Not a Financial Advisor: I am an AI assistant and not a registered or qualified financial advisor, investment advisor, or stockbroker. The information presented is generated without considering your individual financial situation, risk tolerance, or investment objectives.
Risk of Loss: Trading and investing in financial markets, including equities, carry a significant risk of loss. The value of stocks can fluctuate, and you may lose part or all of your investment. Past performance is not indicative of future results.
Consult a Professional: Before making any investment decisions, you should conduct your own thorough research and/or consult with a qualified financial professional to assess your personal circumstances and the suitability of any investment.
Information Accuracy: While this analysis is based on the data visible in the chart, it does not account for all possible market variables, including fundamental factors (like company earnings, debt, management) or macroeconomic events (like interest rate changes, government policies) that can impact the stock's price.
Safe Entry ZoneCurrent price Movement Up.
Price at Strong Resistance 1D Red Zone.
The 1D Green Zone Act As Strong Support level in case the Red Zone not Broken and Re-test or previous support Green Zone.
Each P.High (Previous High) acts as strong resistance level watch out for any selling pressure at these levels.
We have two scenarios must happen at The Mentioned Zone:
Scenarios One: strong buying volume with reversal Candle.
Scenarios Two: Fake Break-Out of The Buying Zone.
Both indicate buyers stepping in strongly. NEVER Join in unless one showed up.
2- How to Buy Stock:
On 15M TF when Marubozu Candle show up which indicate strong buyers stepping-in.
Buy on 0.5 Fibo Level of the Marubozu Candle, because price will always and always re-test the imbalance.
TSLA Backtest: A robo-taxi launchpad? TBD ... ๐ง๐ฒ๐๐น๐ฎ ๐๐ฎ๐ฐ๐ธ๐๐ฒ๐๐: A robo-taxi launchpad? ๐ค๐
After a 20%+ breakout, NASDAQ:TSLA is retesting its 200dma with $295โ300 now key support. Hold that โ and bulls have room to run to $400+.
๐๐ถ๐ญ๐ญ๐ช๐ด๐ฉ ๐ด๐ฆ๐ต๐ถ๐ฑ ๐ธ๐ช๐ต๐ฉ ๐ข ๐ฅ๐ข๐ต๐ฆ: June 12 robo-taxi reveal in Austin could mark Teslaโs first real step toward autonomous ride-hailing at scale.
๐๐ช๐จ๐ฉ ๐ฑ๐ณ๐ช๐ค๐ฆ, ๐ฉ๐ช๐จ๐ฉ ๐ฉ๐ฐ๐ฑ๐ฆ๐ด: Tesla's valuation has always priced in the future. This time, the future might show up in a self-driving Model Y.
$NQ_F NASDAQ:NDX NASDAQ:QQQ NASDAQ:NVDA NASDAQ:AAPL AMEX:SPY NASDAQ:SOX CBOE:ARKK #Tesla #Robotaxi #FSD #ElonMusk #Stocks
Review and plan for 6th June 2025 Nifty future and banknifty future analysis and intraday plan.
Positional ideas.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
SHORT Tesla, Bearish Chart SetupGood morning my fellow Cryptocurrency trader, I hope you are having a wonderful day. If you decide to call me a genius or whatever... The choice is yours to make.
Here, the TSLA stock (Tesla) is showing some weakness signals. Weakness that can translate into a drop.
Would you like me to point those out?
Ok, we can go through a few of them real-quick.
1) A rising wedge pattern. Always bearish.
2) Decreasing volume. Always bearish.
3) Resistance being confirmed at the 19-February peak.
4) Bearish bat.
These are just a few of the chart signals but it is not only about the signals, there is something in the air... I smell... Huh, what to call it? A flash crash? A market shakeout? A flush? A surprise? Or simply, a retrace?
I don't know... All I know is one thing, TSLA doesn't look bullish anymore.
The chart is saying down.
Let's see what kind of event shows up to match the chart.
Namaste.
LLY Daily: Navigating Key Levels - Two Strategic OpportunitiesOVERVIEW:
LLY has recently undergone a significant correction from its highs, finding strong demand at a crucial support zone. Price action now presents two distinct, high-probability long entry scenarios based on the stock's interaction with key horizontal levels. My analysis outlines potential entry points, clear targets, and risk management.
KEY OBSERVATIONS & MARKET STRUCTURE:
Major Demand Zone Established:
Following a notable pullback in early May, LLY found substantial buying interest within the lower green horizontal zone (approximately $680 - $710). This area has acted as a robust "Support Trade" zone, preventing further downside and initiating a corrective bounce.
Corrective Rally & Intermediate Resistance:
From this strong support, LLY mounted a decent rally, completing a clear W-formation or basing pattern (highlighted by the orange and blue zig-zag lines).
Price is currently interacting with an intermediate resistance level / supply zone (the upper grey/light green horizontal zone around $755 - $775). This level represents a critical point of contention between buyers and sellers.
Two Strategic Entry Scenarios:
The current market context offers two distinct long entry approaches, each with its own risk/reward profile:
Scenario 1: Breakout Trade (Orange Ellipse / "1st Entry Above 775")
A. Condition: This strategy focuses on a decisive breakout and sustained close above the current intermediate resistance level (approx. $775). A strong daily candle closing above this zone would confirm bullish momentum.
B. Entry: Look for price action to confirm the breakout, potentially on a retest of the broken resistance now acting as support (as indicated by the orange arrow and ellipse). An entry above $775 is targeted here.
C. Risk Management: A stop-loss should be placed just below the breakout level and the recent swing low, ideally around $745.33 (bottom of the red box).
Scenario 2: Support Trade (Blue Ellipse / "2nd Entry 710")
A. Condition: This strategy anticipates a potential rejection from the current intermediate resistance, leading to a pullback to the primary demand zone (approx. $710).
B. Entry: Look for strong bullish reversal signals (e.g., bullish engulfing candle, hammer, demand zone rejection) if price retraces to the lower demand zone around $710 (indicated by the blue arrow and ellipse). This offers a potentially lower risk entry with a better risk-to-reward ratio for the same targets.
C. Risk Management: A stop-loss would be positioned just below the main support zone, around $675.70 (bottom of the larger red box).
POTENTIAL TARGETS:
Regardless of the entry scenario, our upside targets remain consistent based on prior price structure and supply zones:
โข 1st Target: $860 (Green Zone): This is a significant resistance level from earlier price action, representing the first major hurdle for buyers.
โข 2nd Target: $920 (Upper Green Zone): This represents the ultimate upside target, aligning with the previous all-time highs and a major supply zone.
INVALIDATION:
โข For "Breakout Trade" (1st Entry): A sustained daily close below $745.33 would invalidate this specific trade idea.
โข For "Support Trade" (2nd Entry): A sustained daily close below $675.70 would invalidate the entire bullish bias derived from the primary demand zone and suggest further downside is likely.
CONCLUSION:
LLY is presenting clear technical setups after finding substantial support. Traders can opt for an aggressive Breakout Trade if momentum sustains through intermediate resistance, or a more conservative Support Trade if price retraces to the established demand zone. Both strategies aim for significant upside potential towards $860 and $920, with clearly defined risk management levels.
Risk Management is Paramount : Always adhere to your stop-loss and position sizing to protect your capital. This is not financial advice; do your own research.
Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
RAIL TAILSEBI-Disclosure for Stock Analysis
For Informational Purposes Only: The analysis provided above is for educational and informational purposes only and is based on the technical interpretation of the supplied stock chart. It should not be construed as financial advice, investment advice, or a recommendation to buy, sell, or hold any security.
Not a Financial Advisor: I am an AI assistant and not a registered or qualified financial advisor, investment advisor, or stockbroker. The information presented is generated without considering your individual financial situation, risk tolerance, or investment objectives.
Risk of Loss: Trading and investing in financial markets, including equities, carry a significant risk of loss. The value of stocks can fluctuate, and you may lose part or all of your investment. Past performance is not indicative of future results.
Consult a Professional: Before making any investment decisions, you should conduct your own thorough research and/or consult with a qualified financial professional to assess your personal circumstances and the suitability of any investment.
Information Accuracy: While this analysis is based on the data visible in the chart, it does not account for all possible market variables, including fundamental factors (like company earnings, debt, management) or macroeconomic events (like interest rate changes, government policies) that can impact the stock's price.
Buy Idea for Lucid Group (LCID) โข Current Price: $2.15
โข Support level: $1.99
โข Resistance level: $2.42 / $2.85
โข Indicators:
โข Bollinger Bands show a potential reversal from the lower band.
โข MACD and momentum indicators are still weak but may show signs of convergence soon.
โข Volume is picking up, which may support a short-term move.
Plan:
โข Consider gradual buying around $2.15, with a tight stop-loss at $1.99 to limit downside risk.
โข Initial target: $2.42, second target: $2.85.
โ ๏ธ Note: This is a short-term technical idea based on the 4-hour chart. Always adjust your position size and risk level accordingly.