Quick look at PLTR’s current setup on the 4-hour chart. 📈 Technical Analysis (TA): * PLTR is testing critical resistance within a descending channel around $86-$90; important decision point here. * Recent Change of Character (CHoCh) hints bullish momentum might be picking up. * Watch carefully the $90.94 level for breakout confirmation. * Strong support clearly...
Hey team! Quick AMZN update based on the 4-hour chart setup. 📈 Technical Analysis (TA): * AMZN is flirting with the top trendline of a descending wedge pattern—could hint at a bullish breakout. * Crucial resistance zone immediately overhead between $198–$202; breaking this zone could ignite upward momentum. * Recent BOS (Break of Structure) at $190.85 highlights...
Here's a quick analysis on AAPL based on the 4-hour chart. 📈 Technical Analysis (TA): * AAPL just touched a key demand zone around $210, forming a potential reversal area. * A clear Break of Structure (BOS) at $210 signals this level as critical support. * Immediate resistance is visible at $225, with a further hurdle around $229–$230. * Watch out for a major...
Checking NVDA on the 4-hour chart for some actionable trade setups. 📈 Technical Analysis (TA): * NVDA clearly broke through its descending wedge, hinting at a bullish reversal. * Noticed a Change of Character (CHoCh) which signals the momentum shifting upwards. * Current resistance (supply zone) around $122–$126 is the key level to watch. * Major support at the...
Hey traders! Quick check-in on TSLA based on the 4-hour chart. 📈 Technical Analysis (TA): TSLA broke above a descending trendline signaling potential bullish momentum. Watch closely for a confirmation above the current supply zone around $250-$255. We had a clear Change of Character (CHoCh) indicating a possible reversal from the previous downtrend. Important...
Hey traders! Checking out the SPY daily chart for March 12, 2025, and it’s looking like a critical moment. We’re sitting in a reversal zone ($556-$562), with the downtrend still in play via that sloping trend line (~$560-$565). MACD’s bearish, but the histogram is flattening, and Stochastic RSI is oversold—hinting at a possible bounce. Key levels: support at $556...
Market Structure Overview * Downtrend continuation observed with rejection at the Reversal Zone. * Price is currently consolidating just below the downward trendline, struggling to break out. * Volume suggests buyers are stepping in, but not convincingly enough for a strong reversal. Key Support & Resistance Levels * Support Zones: * $78.00 – Psychological...
Market Structure Overview * TSLA has been in a downtrend channel, forming lower highs and lower lows. * It has now entered a reversal zone, potentially signaling a short-term bottom. Supply and Demand Zones * Support Zone: $217 - $230 (Reversal Zone) * Resistance Levels: $250, $270, and major resistance at $304.50. Key Technical Observations * Falling Wedge...
📉 Price Action & Market Structure AMZN has been in a downtrend, forming lower highs and lower lows within a descending wedge pattern. However, recent price action indicates a reversal zone, suggesting potential relief or a breakout attempt. 📊 Key Levels * Support: $190 - $185 (Put Support & Demand Zone) * Resistance: $200 - $212 (Call Wall & Gamma Resistance) *...
Market Structure & Price Action Microsoft (MSFT) is in a downward channel, with price testing a reversal zone between $375 - $380. The stock is attempting to stabilize but remains in a bearish structure until it can break key resistance levels. * Trend: Short-term bearish; potential for a bounce. * Reversal Zone: Price is currently consolidating near a potential...
📊 Market Structure & Trend Analysis * NVDA is trading within a descending channel, with lower highs and lower lows defining the structure. * The price has entered a key reversal zone but remains below the resistance trendline. * A potential breakout above $110 could signal a shift in momentum. 📍 Support & Resistance Levels * Resistance Levels: * $110 –...
Market Structure & Key Levels * AMD is currently trading within a downtrend channel, struggling to break through the resistance zone around $100–$102. * A key support zone is forming around $95–$96, where buyers have been stepping in. * The broader trend is bearish, with AMD rejecting from the upper boundary of its trend channel. Support & Resistance * Immediate...
Based on the technical analysis of both the daily (1D) and 4-hour (4H) charts, Bitcoin is currently at a critical decision point around the $91,000-$98,000 resistance zone. While there is short-term bullish momentum, the risk of a retracement remains. Bearish Case for $80,000 1. Key Bearish Factors * Rejection at $98,000 Resistance: BTC is struggling to reclaim...
Market Structure Overview: * SPY is currently testing a Reversal Zone, trading within a descending wedge pattern. * Support: 570-572 zone aligned with the lower trendline. * Resistance: 578.28, followed by 595 if bullish momentum sustains. Supply & Demand Zones: * Demand Zone: 565-570 is showing some buyer interest. * Reversal Zone: Price action is rejecting from...
🚀Market Structure & Price Action * QQQ has bounced from a key reversal zone, signaling early bullish strength. * The price recently broke a descending trendline, suggesting a potential short-term trend reversal. * Resistance at $513.29 aligns with previous rejection levels, making it a key target. * A break above $513 could open the path toward $530-$535...
Market Structure & Trend Tesla has been in a downtrend, but recent price action suggests potential support around $250-$262. The stock is testing a descending trendline, which could act as resistance. Bulls will need a strong breakout above this level to shift momentum. Key Support & Resistance Levels * Resistance Levels: * $295-$304 → Key level to reclaim...
Market Structure & Price Action * PLTR is currently trading at $84.82, showing signs of a potential reversal from a previous downtrend. * The stock found support around $78.58, aligning with a previously identified reversal zone. * There is early bullish detection as price has broken above the descending channel, potentially signaling a shift in trend. *...
📊 Technical Analysis (TA) & GEX Breakdown 📊 Market Structure & Price Action: * Trend: MSTR is consolidating after a strong bullish move but is testing a key support trendline. * Resistance Zone: $320.94 – This level aligns with previous price action and a reversal zone. * Support Levels: $285.10 (current bid) and $281.26 – If this zone breaks, downside risk...