Nathan_The_Finance_Hydra

Nathan_The_Finance_Hydra

• MSFT just hit our target at $228, as it did exactly what we expected since our previous public analysis on it, almost a month ago (the link is below this post, as usual); • Despite the high volatility, this movement is very technical and not surprising at all, but in order to bounce again, MSFT has to react as soon as possible; • The problem is that any bounce...

Nathan_The_Finance_Hydra

• NIO triggered our Bearish Flag chart pattern, indicating a continuation of the bearish sentiment; • We studied this scenario in our previous public analysis on NIO – link below this post; • In the daily chart, the 21 ema is working as a resistance, and it is pointing down, which reinforces the idea of a bearish sentiment; • What’s the next technical support...

Nathan_The_Finance_Hydra

• The index hit our resistance at the 21 ema, and it couldn’t break it; • On the other hand, the 3,818 is a key support area, which is preventing a further drop to the 3,744 (next technical support level, green line); • As long as the index remains between these two key points, it’ll be in a “no man’s land”, moving erratically while we don’t see any good technical...

Nathan_The_Finance_Hydra

• The SPX is trying to recover this morning, but it has yet to break its major resistance area in order to reverse the bearish sentiment; • Together, the 21 ema and the green line at 3,911 make a dual-resistance level on the index, and only if it breaks this price area it’ll have some chance of reversing; • Any top sign under this resistance level might indicate a...

Nathan_The_Finance_Hydra

• Yes, we nailed the 61.8% Fibonacci’s Retracement in the weekly chart. We set this target on my previous public analysis on NVDA (the link is below this post, as usual); • Now, it seems NVDA is trying to react above the retracement. In addition, it just filled a gap around $142 (daily chart), which did work as a support level on Dec 29 – 30; • So far, there’s a...

Nathan_The_Finance_Hydra

• The index is correcting this morning, trying to frustrate yesterday’s bullish reaction; • If it drops to the point of filling the previous gap at 3,790, the index will lose momentum, and it might be hard for it to recover again; • In theory, the SPX has more upside left, at least to retest its 21 ema, or maybe the 3,911 again, but if it frustrates yesterday’s...

Nathan_The_Finance_Hydra

• TSLA is going up nicely, as we expected since our previous analysis on it. We nailed the bottom at $110, and now it seems it is just heading to the next resistance at $126 (the link to my previous analysis is below this post, as usual); • In the 1h chart, we see that TSLA corrected since it hit $123. This is acceptable, but it must not too much from here,...

Nathan_The_Finance_Hydra

• It seems the SPX wants to react today, but as long as it stays under the 3,818, the bearish sentiment will persist; • In order to avoid a bearish continuation it is important to see the index reacting and closing above the 3,818 today. In this scenario, the next resistance is around 3,911, as evidenced on the chart above; • What’s more, the index is trading...

Nathan_The_Finance_Hydra

• AAPL looks extremely bearish, doing a new low this year; • In the weekly chart, we see that the $128.65 was a key support level from June, which AAPL completely ignored yesterday; • The next technical support is at $121, and in theory, AAPL is supposed to get there – if we don’t see a very good reaction rejecting the bearish sentiment; • What could be a good...

Nathan_The_Finance_Hydra

• The SPX is reacting today, but it is not an amazing reaction yet; • The fact it is holding above our support at 3,818 is interesting, but it has yet to break its key resistances in order to reverse the bearish sentiment; • As mentioned in our previous post (link below this analysis), the 3,911 is the main resistance, which is close to the 21 ema in the daily...

Nathan_The_Finance_Hydra

• TSLA hit our target at $110, as we discussed in our previous analysis, last week (link below this post, as usual); • Today, it seems we have some reaction, which is expected. It is very rare to see TSLA dropping 7 days in a row (actual drops, not only bear candlesticks). To be honest, I don’t recall seeing 7 drops in a row on TSLA. If this ever occurred, must be...

Nathan_The_Finance_Hydra

• AMD is trading at a key support level, around the 61.8% Fibonacci’s Retracement; • In addition, last week, it filled a previous gap at $63.05. This gap is another support level for AMD’s price; • What’s next? Keep in mind, it is still a mid-term bear trend, as AMD is still doing lower highs/lows and it is below the 21 ema. If it loses the $63.05, it’ll just...

Nathan_The_Finance_Hydra

• The SPX is still trading at its key support level, just above the gap support at 3,818; • The trend is still bearish, and if it loses this support level, it’ll resume the bearish sentiment to the next support level, which is at 3,744; • However, the index is trying to bounce, as we saw some bullish reaction last week; • Any bounce would have to face a major...

Nathan_The_Finance_Hydra

• NVDA did exactly as we expected since my previous analysis on it, as it lost our dual support level, and it hit our target at $150 (the link to my previous post is below this analysis, as usual); • Now, NVDA is in bearish territory, as it did a lower high/low, and it is trading below the 21 ema; • In order to reverse this bearish sentiment, NVDA must do a clear...

Nathan_The_Finance_Hydra

• TSLA finally hit our target at $126; • So far, there’s no technical bullish reaction indicating a bottom or that TSLA will bounce/reverse; • In this case, the next support level to aim is the $110, as evidenced on the weekly chart above; • However, if we see a bullish structure just above the $126 support, TSLA has the potential to bounce and seek higher levels...

Nathan_The_Finance_Hydra

• The index is on “bear mode” again, as it is doing lower highs/lows in the 1h/D charts, and it is trading below the 21 ema; • It did a technical bullish candlestick yesterday, a Hammer, closing above the 3,818 (gap support). This is a sign of strength; • Despite the bullish reaction, this Hammer wasn’t triggered, and the SPX has to break other key points in order...

Nathan_The_Finance_Hydra

• Today, SPX is rejecting yesterday’s bullish reaction; • Today, the index did a Breakaway Gap (blue square, 1h chart), as this gap is breaking the 21 ema, a technical support level. If the SPX doesn’t fill this gap quickly, the bearish sentiment will gain momentum; • In the 1h chart, it dropped to fill a gap at 3,831. Only if the index reacts amazingly well, and...

Nathan_The_Finance_Hydra

• AMD is crashing today, and it is rejecting yesterday’s bullish reaction; • What’s more, it behaved exactly as we described in our previous analysis on it: It respected the first retracement at 38.2%, but when it lost it, it just dropped to the 61.8%, ignoring the 50% retracement – This pattern happens most of the time; • In the 1h chart, AMD is losing the 21 ema...