MrStockWhale

MrStockWhale

Overview: The SPY (S&P 500 ETF) shows a potential short opportunity, leveraging a confluence of Elliott Wave and Fibonacci resistance. This setup aligns with a bearish corrective pattern, presenting a chance to capture downside momentum amidst macroeconomic uncertainties. 📊 Technical Analysis: Elliott Wave Structure: Wave W completed with a sharp decline,...

MrStockWhale

Overview: Meta Platforms, Inc. (NASDAQ: META) continues to be a dominant player in the tech space, fueled by its advancements in AI and the ongoing pivot to the metaverse. This setup takes into account both macroeconomic conditions and technical factors to identify a high-probability trade. 📊 Technical Analysis: Fibonacci Levels: The price has retraced to the...

MrStockWhale

The S&P 500 looks to have reached a significant top - being rejected from the 1:1 Fibonacci extension on the Weekly Timeframe. With other confluence like the rising wedge, high weekly RSI levels, and a decreasing momentum on the MACD, all things point downwards for the stock market in 2025. The next target would be the blue zone where a potential chance for...

MrStockWhale

Overview: META Platforms Inc. has been at the forefront of reshaping digital interaction through its investments in the metaverse, artificial intelligence, and its robust ad-tech ecosystem. The recent pullback in price offers a potential buying opportunity, backed by key technical levels and promising fundamentals. Fundamental Analysis: - Metaverse Investment &...

MrStockWhale

PLTR is presenting a potential short setup as it approaches a short zone within the Fibonacci retracement levels. This area aligns with strong resistance, suggesting a downside move could follow. Trade Details: - Entry (Short Zone): $74.25 - Stop-loss: $78.30 Targets: - Target 1: $65.10 (Fibonacci 1.0 extension) - Target 2: $57.15 (Fibonacci 1.618...

MrStockWhale

We're identifying a potential long setup on Coca-Cola's weekly chart. The price is moving towards a key buy zone near the 0.618 - 0.786 Fibonacci retracement levels, a strong area of historical support. This setup indicates a favorable risk-to-reward ratio for a bullish rebound. Trade Details: - Entry (Buy Zone): $59.88 - Stop-loss: $57.15 Targets: - Target 1:...

MrStockWhale

We're monitoring a potential bullish setup for Starbucks on the daily timeframe. The price is approaching a key buy zone, identified at the 0.618 - 0.786 Fibonacci levels, which aligns with previous structural support. This presents an opportunity for a reversal to the upside. Trade Details: - Entry (Buy Zone): $83.69 - Stop-loss (Red Zone): $76.79 Targets...

MrStockWhale

Tesla (TSLA) - Short Setup Looking at Tesla on the 1-hour chart, we are observing a potential bearish scenario. The price has retraced into the 0.618 - 0.786 Fibonacci zone, forming a reversal structure in line with Elliott Wave principles. This zone coincides with the prior breakdown level, making it a critical area of interest. Trade Details: - Entry:...

MrStockWhale

Lululemon is consolidating within a descending channel following a strong impulse move (wave iii). The price is currently forming wave iv and respecting support near $371.70. A breakout from this channel could trigger the next leg higher toward the key Fibonacci targets. Setup Details: - Entry Zone: ~$390.60 - Stop-Loss: $371.70 - Target 1: $409.96 - Target 2:...

MrStockWhale

This chart shows a potential bullish breakout forming on Walmart (WMT). The price is consolidating within a triangle pattern, showing an ABCDE wave structure that could resolve upward. 📊 Trade Plan: Entry: $96.40 Stop-Loss: $93.89 Targets: Target 1: $98.73 Target 2: $100.17 Risk-to-Reward Ratio: Well-structured trade with a clean support line at $93.89. The...

MrStockWhale

📉 Broadcom Inc. (AVGO) – 15 Min Chart, NASDAQ Here’s a short trade opportunity I’m monitoring: 🔹 Trade Details: - Entry Zone: $228.06 - $231.70 (Fibonacci 1.236 - 1.382 extension) - Stop-Loss: $237.60 - Target 1: $214.85 (0.236 Retracement) - Target 2: $206.21 (0.382 Retracement) - Extended Target: $192.25 (0.618 Retracement) 🔹 Technical Rationale: - Price...

MrStockWhale

📉 C3.ai, Inc. (AI) – 4H Chart on NYSE Here’s a bearish short trade setup I’m tracking: 🔹 Trade Details: Entry Zone: $41.47 - $43.92 (Key Fibonacci Retracement Zone) Stop-Loss: $45.24 Target 1: $33.35 Target 2: $31.95 🔹 Technical Rationale: - Price completed a 5-wave move up and is now retracing. - Fibonacci 0.618 - 0.886 zone suggests strong resistance. -...

MrStockWhale

📉 SoundHound AI, Inc. (SOUN) – 1H Chart NASDAQ Here's a short trade setup I’m watching: Entry Zone: $17.64 - $18.41 (Fibonacci Resistance Zone) Stop-Loss: $19.14 Targets: - Target 1: $15.50 - Target 2: $13.60 Trade Rationale: - Potential wave (5) completion based on Elliott Wave structure. - Key Fibonacci levels (1.236 to 1.618) acting as resistance. -...

MrStockWhale

🔍 Analysis Overview This chart outlines a possible Elliott Wave corrective structure on Grab's daily timeframe. The analysis focuses on the following: Corrective Wave Pattern: - Wave W and X appear complete, with wave Y potentially targeting the Fibonacci retracement zone. Wave Y Target Zone: - Primary target between 4.57 (1.236) and 4.40 (1.382), supported by...

MrStockWhale

🔍 Analysis Overview This chart showcases a potential Elliott Wave structure on Tesla's daily timeframe. Here's the detailed breakdown: Wave Progression: Wave (1), (2), and (3) completed, with wave (4) anticipated to retrace. Wave (4) Retracement Zone: - Targeting the Fibonacci retracement zone between 0.382 (340.99) and 0.618 (280.16). - This zone aligns with a...

MrStockWhale

Upstart Holdings (UPST) is forming a potential Wave (4) correction on the daily chart. Here's the breakdown: 1. Support Zone: Watching $60.48-$61.75 (0.618-0.786 Fib retracement) for a possible reversal. 2. Upside Targets: If this zone holds, Wave (5) targets are $95.49 and $115.86. 3. Stop-loss: Set at $58.00 to minimize downside risk. This setup offers a...

MrStockWhale

Marathon Digital Holdings (MARA) is showing a potential Wave (4) correction setup on the daily chart. Here's the plan: Correction Zone: Watching the $18.91-$21.46 area (Fib 1.236-1.382) for a potential reversal. Upside Targets: If support holds, Wave (5) targets are $28.17 and $34.46. Stop-loss: Placed at $17.63 to limit downside risk. A clean structure...

MrStockWhale

Palantir Technologies (PLTR) is showing signs of completing Wave (3) on the daily timeframe. Here's the setup: 1. Correction Zone: Expecting a Wave (4) retracement into the $56-$62 range (0.382 Fib level). 2. Upside Targets: If the correction holds, Wave (5) targets are $96 and $106 (Fib extensions). 3. Risk Management: Stop-loss placed at $46.40 to manage...