Double Trouble is the name of the game here, and it’s no joke. As you can see SPY just dipped below a critical support level, and things could get tricky if buyers don’t step in soon. What’s Happening? SPY has been bouncing around within a tight range for the past few days, but today’s action saw it break below the 554.93 support level (highlighted by the yellow...
My Take: Looking at the 4-hour chart of the S&P 500 Index, it's clear that we're approaching a critical juncture. The price recently rallied up to the $5,620 - $5,630 resistance zone, which has been a significant barrier in the past. However, this level has proven to be tough for the bulls to break through, and we're now seeing signs of potential exhaustion. Key...
SP:SPX My Take: Looking at the 4-hour chart of the S&P 500 Index, it's clear that we're approaching a critical juncture. The price recently rallied up to the $5,630 - $5,655 resistance zone, which has been a significant barrier in the past. However, this level has proven to be tough for the bulls to break through, and we're now seeing signs of potential...
NASDAQ:ASTS Quick Chart Overview: On the 15-minute charts for AST SpaceMobile (ASTS), we see some critical price action that provides clear insights into potential future movements. The price recently faced a strong resistance around $37.26 but managed to make multiple attempts to break above it. However, the overall trend appears to be meeting significant...
Lets start with the general chart analysis: Looking at ASTS on both the 5-minute and 15-minute charts, we observe a sharp rally earlier in the session, pushing the price up to the $37.08 resistance level. However, the price has since shown signs of exhaustion, with two prominent downward moves indicated by the blue arrows on the chart. Here are some Key Levels:...
I have just about 2 key things to say here on this analysis. 1. Key Levels to Watch: We can see that there is some resistance at $5.32: This is a strong ceiling where the price has struggled to break through. If the price moves above this level with strong momentum, it could signal a potential breakout to the upside. On the other hand, there is a support at...
Yet another great week traders and yet another analysis for us to look at today. I've been closely watching AST SpaceMobile (ASTS) across the weekly, daily, and 15-minute timeframes, and there’s a lot happening here. Let’s break it down: Weekly Chart On the weekly chart, ASTS has absolutely exploded. We're looking at a massive 50%+ gain this week alone. My Deno...
A More Detailed analysis on Netflix (NFLX) from a Multi-Timeframe Perspective. Check out my other analysis for a detailed explanation on this video
Like we saw earlier in the past analysis, we are crawling up towards that area of strong resistance and at that point we should see a huge pullback to the bear in a moment. i will do a thorough analysis later in the day to cover things up a little better.
Like we have seen from the video above lets have some talks on these timeframes and see whar the analysis says. Weekly Timeframe: SPY is currently hovering around 533.27, which is near the top of its long-term uptrend. We’ve seen a slight pullback from the recent highs, which isn’t surprising given how strong the rally has been. If the pullback deepens, keep an...
I mainly use the Daily and 15 minute chart quite regularly unless otherwise then i will use the 5 minute but lets take a look at the daily and 15 minute timeframe. here Daily Time Frame (1D): ##Let’s take a look at the bigger picture first: Right now, Tesla’s stock is hanging around the $200 mark. If you zoom out a bit, you’ll notice it’s been a bit of a bumpy...