Tesla Daily, Update (Bearish Trend Extends)Today TSLA produced the highest bearish volume session since July 2020. This high volume and strong sellers pressure shows up to break EMA55, EMA89 and MA200 daily as support. Needless to say, this is a very strong bearish development.
The break of this long-term support comes after a major lower high. May 2025 much lower compared to December 2024.
My point is to alert you of a much stronger correction than expected on this stock. Now that MA200 has been lost as support, with the highest volume in five years after a strong lower high, we can expect the continuation of the bearish trend.
I will look at Tesla on the monthly timeframe in a separate publication.
Thank you for reading.
Namaste.
Jindal Stainless Ltd Stock Daily AnalysisJindal Stainless Ltd has been forming higher lows and has now broken through the key resistance level at 660. With this congestion breakout, the stock signals a continued bullish move, potentially heading towards the target of 740.
Please conduct your own technical analysis and apply proper risk management before taking any trade. This is solely my personal view.
Copart, Inc. (CPRT) โ Double Bottom Breakout๐ Long Setup
๐ Description:
Copart, Inc. (NASDAQ: CPRT) has formed a Double Bottom pattern, signaling a bullish reversal. The price has broken above the confirmation level, indicating momentum to the upside. Strong volume on the breakout adds conviction to the move.
๐ Trade Details:
๐น Entry: Breakout confirmation above $58.14
๐ด Stop Loss: 50.71
๐ข Target: 64.56
๐ Confirmation:
The breakout above the neckline confirms the double bottom pattern. If price holds above this level, the bullish bias remains valid. A drop below $50.71 would invalidate the setup.
Trade wisely and stick to your plan! ๐ช๐
RIVN 1D โ Itโs Time to Buy: Setup UpdateThe setup on Rivian (RIVN) just got upgraded from โinterestingโ to โstrategically significant.โ Weโre looking at a textbook symmetrical triangle thatโs been developing since July 2023, with a clean breakout and retest on the weekly trendline.
The breakout was followed by a bullish retest, right at the intersection of the triangle base and the key trendline. Volume kicked in, price held โ and thatโs what smart money calls confirmation.
Now, the Golden Cross is live: the 50-day MA just crossed the 200-day MA from below. Price is confidently holding above both โ momentum is shifting hard. Fibs from the bottom (10.22) to the last local top (17.05) project the first target at $17, and the extended Fibonacci confluence gives us $25.64 as a long-range goal (2.618 extension).
The weekly trendline โ which acted as resistance for over a year โ has flipped to support. Price action respects it, bulls are loading, and structure is clean.
This is not just a bounce. Itโs a technical rotation from accumulation to expansion.
The time to talk about potential is over โ price action has spoken.
TESLA PRICE ACTION JUNE 5TH 2025Welcome to Tesla weekly &there is a news about Elon going against the bill from trump.
I will never buy their news as they are manipulating retailers.
I am buying & I have discussed all the important levels here,
If you have any doubts, feel free to leave your comments here.
BNL LONG TRADE (SECOND STRIKE)BNL has recently completed second SPIKE Phase of its splendid uptrend with โ it gave an optimum Pullback with befitting Volume Distribution. It is ready to resume its uptrend.
๐จ TECHNICAL BUY CALL โBNL ๐จ
๐ฏBUY1: Rs. 34-35.5
๐ TP1 : Rs. 43.5
๐ TP2 : Rs. 48.11
๐ TP3 : Rs. 57.1
๐ STOP LOSS: BELOW Rs. 30.5 (Daily Close)
๐ RISK-REWARD: 1:8.5
Caution: Please buy on levels in 3 parts. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
JSWINFRA - Daily time frame StudyFollowing are my Inputs for above chart reading -
1. MACD cross over
2. High volume Breakout of Symmetrical Triangle Pattern - Daily Time frame
3. It may go till weekly resistance line 330-340
This chart is only for educational purpose, Please contact your financial advisor for any trading or investment decisions.
AQST Breakout Setup | ProfittoPath Precision๐
๐ Ticker: NASDAQ:AQST (Aquestive Therapeutics Inc.)
๐ Chart: 30-Min | NASDAQ | June 6, 2025
๐ Setup: Bullish Pennant Breakout + Retest
๐ Trade Plan
โ
Entry: $3.57 (Breakout confirmation)
๐ก Stop-Loss: $3.30 (Below pennant structure)
๐ฏ Target: $4.04 (Key resistance zone)
โ๏ธ RRR: ~1:2 โ Well-structured breakout setup
๐ก Why This Trade?
Clean breakout from a tight bullish pennant
Price consolidating above key support zone
Volume buildup supports breakout move
Trend continuation with momentum in favor
๐ฌ On-Screen Reels Text
โAQST Breakout ๐ฅโ
โTarget: $4.04 ๐โ
๐ Top Hashtags
#AQST #BreakoutSetup #ProfittoPath #BiotechStocks #TechnicalAnalysis
MODV Breakout Setup | ProfittoPath Precision!๐
๐ Ticker: NASDAQ:MODV (ModivCare Inc.)
๐ Chart: 30-Min | NASDAQ | June 6, 2025
๐ Setup: Ascending Triangle Breakout + Flag Continuation
๐ Trade Plan
โ
Entry: $4.16 (Breakout confirmation)
๐ก Stop-Loss: $3.05 (Below recent structure support)
๐ฏ Target: $9.82 (Strong supply zone)
โ๏ธ RRR: ~1:4 โ High-risk, high-reward breakout momentum
๐ก Why This Trade?
Price surged +210%, then consolidated in tight structure
Breakout with volume above wedge and horizontal resistance
Setup has explosive continuation potential
Clean entry with well-defined invalidation
๐ฌ On-Screen Reels Text
โMODV Breakout ๐โ
โTarget: $9.82 ๐โ
๐ Top Hashtags
#MODV #BreakoutTrade #ProfittoPath #HighMomentum #ChartSetup
TNGX Breakout Setup | ProfittoPath Precision!๐
๐ Ticker: NASDAQ:TNGX (Tango Therapeutics Inc.)
๐ Chart: 30-Min | NASDAQ | June 6, 2025
๐ Setup: Ascending Triangle Breakout + Retest
๐ Trade Plan
โ
Entry: $3.52 (Breakout confirmation)
๐ก Stop-Loss: $3.20 (Below triangle base)
๐ฏ Target: $4.30 (Major resistance area)
โ๏ธ RRR: ~1:2.5 โ Trend-aligned high-probability setup
๐ก Why This Trade?
Breakout above strong resistance zone
Higher lows forming an ascending triangle
Volume supports upward momentum
Holding above structure = strong continuation signal
๐ฌ On-Screen Reels Text
โTNGX Breakout ๐ฅโ
โTarget: $4.30 ๐โ
๐ Top Hashtags
#TNGX #BreakoutSetup #ProfittoPath #BiotechStocks #SwingTrade
SANA Breakout Setup | ProfittoPath Precision!๐
๐ Ticker: NASDAQ:SANA (Sana Biotechnology Inc.)
๐ Chart: 30-Min | NASDAQ | June 6, 2025
๐ Setup: Ascending Triangle Breakout + Retest
๐ Trade Plan
โ
Entry: $2.55 (Confirmed breakout)
๐ก Stop-Loss: $2.47 (Below breakout structure)
๐ฏ Target: $2.74 (Previous resistance zone)
โ๏ธ RRR: ~1:2 โ Clean low-risk setup
๐ก Why This Trade?
Breakout from ascending triangle with strong volume
Price holding above previous resistance now acting as support
Momentum and bullish trend structure support the trade
๐ฌ On-Screen Reels Text
โSANA Breakout ๐โ
โTarget: $2.74 ๐โ
๐ Top Hashtags
#SANA #BreakoutTrade #ProfittoPath #BiotechStocks #ChartSetup
CAMS โ Rounding Bottom Breakout | Momentum PlayStructure:
CAMS has completed a classic rounding bottom formation over the past three months, with the neckline placed around โน4,200. Price action from the March 2025 lows (~โน3,100) has remained within a well-defined ascending channel, signaling steady accumulation and controlled institutional entry.
On June 5, 2025, the stock gave a clean breakout above โน4,200 with a strong bullish candle, closing at โน4,248.30. Importantly, the move came with a volume of 877.56K, significantly higher than the 20-day average (576K), validating the breakout strength.
Momentum indicators are supportive โ RSI has now crossed 70, confirming entry into bullish momentum territory without showing divergence or exhaustion yet.
Breakout Snapshot:
Pattern: Rounding Bottom + Ascending Channel
Breakout Level: โน4,200
Entry: โน4,248.30 (EOD Jun 5, 2025)
Volume: 877.56K vs 20-SMA 576K
RSI: 70.11 โ strong bullish confirmation
๐ฏ Target: โน5,120
๐ Stop-Loss: โน4,000 (below breakout and channel support)
๐ Potential Upside: ~20%
โ๏ธ Risk-Reward: ~3.6x
Why It Matters:
CAMS has historically respected multi-month consolidations and offers clean post-breakout runs when supported by volume. This setup reflects a transition from accumulation to trend. The ascending structure indicates that smart money entered gradually โ now validated with the breakout and volume spike.
Not a call to chase โ idea is based on price-volume confirmation after a long base formation. Ideal entries are either near breakout (done) or on retest toward โน4,180โโน4,200.
Track These:
โน4,400: Minor resistance
โน5,120: Measured move target
โน4,000: Invalidation zone
RSI > 75: Overheat caution
Disclaimer:
This analysis is for educational and informational purposes only. It does not constitute investment advice or a recommendation to buy or sell any security. Please consult your financial advisor before making any trading decisions.
$NVDA Breaks Out of Ascending Triangle โ 140 Next?NVDA just broke and retested an ascending triangle on the 4H chart โ a textbook bullish continuation pattern.
After plunging more than 40% from its highs, NVDA is now pressing higher, setting its sights on the $140 resistance zone โ which also lines up closely with the 78.6% Fibonacci retracement level drawn from the all-time high to the swing low at $86.
๐ข Bullish case: Weโre seeing clean structure, breakout volume, and a successful retest of prior resistance as new support.
๐ด Bearish divergence: RSI is flashing a potential warning โ price is climbing, but momentum is cooling off.
With earnings on the 28th and $140 looming above, this is a must-watch chart. NVDA was the media darling of 2023โ2024, and now itโs quietly building steam while most arenโt paying attention.
Could we be setting up for a run back to all-time highs โ while the herd sleeps?
๐ Watchlist this one. This move could impact the entire semiconductor sector. NASDAQ:NVDA
MU Monthly Chart โ Support Bounce $65, Resistance at $97Micron Technology ( NASDAQ:MU ) delivered a textbook bounce in April โ right off major monthly support around $65, which also aligns with a trendline dating back to 2015.
This bounce came during a broader market pullback, and NASDAQ:MU showed strength with the overall market rebounded.
Since then, price has climbed into a critical level of resistance/support at $97 โ a key area to watch ahead of earnings on June 25th.
Long-term trendline support from 2015
Analyst average target: $123
TradingView rating: Strong Buy
Next resistance = $97
Major earnings catalyst in late June
If NASDAQ:MU can break and hold above $97, that opens the path toward the $120 zone. If not, we could see a retest of lower levels post-earnings.
๐
Watch how price behaves around $97 leading into earnings.
ON Semiconductor โ Reaction at 78.6% Fib, Decision Time at $49.7NASDAQ:ON just reacted to a key 78.6% Fibonacci retracement from the April 2020 low to its all-time high.
After a make-or-break earnings on May 5, price has pushed into a major resistance zone at $49.75. Interestingly, analysts are averaging a price target of $47, slightly below current levels.
๐ก Key Setup:
78.6% Fib retracement bounce (long-term move)
Resistance: $49.75
Average analyst target: $47
๐
Summer move will likely be decided in the next couple of weeks. Breakout or rejection? The chart is at a critical inflection point.
Drop your bias in the comments: ๐ or ๐?
AMD will be bullish if we go higher than 128$ USD (CCVM)AMD (Advanced Micro Devices)
Stock appears to show signs of an imminent bullish recovery, according to several technical and fundamental indicators.
Technical Analysis TSX:AMD
- Current Price: $118.87, up 1.33%.
- Bollinger Bands: Indicate moderate volatility, with a trend toward the upper band.
- Trend Lines: A rising purple curve suggests a possible bullish recovery.
- Buy and Sell Zones: Annotations indicate strategic entry and exit points in the market.
Fundamental Analysis
According to the latest market analyses:
- Revenue Growth: AMD recorded a 36% increase in revenue in Q1 2025.
- Strategic Acquisition: The purchase of ZT Systems strengthens its position in data centers and artificial intelligence.
- Stock Buyback Program: AMD announced a $6 billion buyback, boosting investor confidence.
- Analyst Consensus: The average target price is set at $154.45, indicating significant upside potential.
Conclusion
Technical and fundamental indicators suggest that AMD may soon enter a bullish phase.
If you want to refine this analysis or explore other scenarios, I'm here to dive deeper into key points! ๐ Subscribe! TSXGanG
I hold a CCVM and MNC (Certificate of Competence to become a securities broker anywhere in Canada) and have been working as a trader for five years.
Itโs a pleasure for me to help people optimize their trading strategies and make informed financial market decisions.
AMD - Decision time on the downtrendAnother longer term spec I like. I am a little over weight and slightly down,
Watching for this long term downtrend to break to the upside or reject on the trend line as it has been doing.
probable rejection or a break and retest, we are at the decision point.
Do we reject and head down to retest the recent lows???
RIVN - Consolidation or break and retest?While the last run was nice for some trades, I am looking forward to this as one of my few longer term spec stocks.
I didn't expect the sell off to happen so fast, then the debt news, almost like daily sell programs were running.
With the news drama and politics, I can see it take another leg down by next week, and has a good chance of bouncing pretty strong, if tesla catches a bid soon, it may help.
I am adding leap options to trade the range as it appears.