Nathan_The_Finance_Hydra

Nathan_The_Finance_Hydra

• AMZN hit our target at $85, but there’s no bullish reaction on it so far (link to my previous analysis is below this post); • Both, the 1h and Daily charts look very bearish, as AMZN is just doing lower highs/lows; • There’s a support at $84.33, in the 1h chart, which could work for a while, but most importantly, if AMZN wants to react, it must break the $85.86...

Nathan_The_Finance_Hydra

• AAPL is stabilizing, and now it seems it wants to bounce. This is expected, since it dropped sharply recently; • Since it lost our previous support at $134 (which I mentioned in our last study – link below this post), I was expecting that AAPL would seek the $128, the next support level, but the bears could only take it to the $129s; • Although this is a bottom...

Nathan_The_Finance_Hydra

• NIO is trading around the support level of a Bearish Flag chart pattern; • Yesterday, it tried to trigger the pattern, but in the end, it did a bullish reaction and it stabilized around the trend line; • If NIO triggers this flag, the bear trend will resume and the technical target of this pattern is around $5; • In order to avoid this bearish scenario, NIO has...

Nathan_The_Finance_Hydra

• The index is reacting above our support level, as expected, and it seems it wants to bounce; • A reaction was already expected, since the SPX just filled our gap; • This is a bottom sign, but the main trend is still bearish. The SPX must break its 21 ema again, in order to resume the bullish sentiment; • In addition, the 3,911 is another key resistance – the...

Nathan_The_Finance_Hydra

• The index filled our gap at 3,818, which was our target since my public analysis on Dec 15 (link below, as usual); • Now, it is trying to lose this technical key point. In this scenario, the bear trend will just continue, and the next technical support is the next bottom at 3,744; • So far, there’s no evidence of a bottom on SPX yet, as it lacks bullish...

Nathan_The_Finance_Hydra

• TSLA is in an incredibly sharp bear trend, and there’s not a single evidence that it’ll find a bottom yet; • In the 1h chart, we see a purple trend line, connecting its previous tops, along with the 21 ema. Both points are working as clear resistance levels; • Only if TSLA breaks this dual-resistance level it might have some chance of recovering – remember,...

Nathan_The_Finance_Hydra

• QQQ hit our target, as it filled our gap at $268.50 (red line); • We set this target on our previous public study on QQQ, on Dec 15 (link below this analysis); • QQQ acted according to the technique so far, and there’s no clear bottom sign on it yet; • If QQQ actually loses the red line, the next technical target is the next bottom at $259.08; • Only if we see a...

Nathan_The_Finance_Hydra

• The index has an open gap at 3,818, which is a technical support level; • Today, it is trying to stabilize above this gap, but the trend is still bearish; • As long as the index keeps doing lower highs/lows in the 1h chart, and it stays below its 21 ema (which is pointing down, by the way), we can’t say the trend will reverse; • So far, there’s no bullish...

Nathan_The_Finance_Hydra

• AMC hit our support level at $5.05, which I mentioned in our previous post, here on Tradingview (link below this analysis); • Now, it seems it is stabilizing, but we don’t see any bottom sign yet (not confirmed, at least); • If AMC does a bullish reaction above this support, we can expect a bounce, at least, to the 21 ema in the daily chart; • A bullish reaction...

Nathan_The_Finance_Hydra

• In our previous analysis, we nailed the bottom on NVDA, and it went up about 16%, until it gave us a top sign on Dec 13 – the link to our previous analysis on NVDA is below this post, as usual; • Now, we must update our key points; • First, there’s a new support area on NVDA, around the purple line + 21 ema. The trend is still bullish, as long as it stays above...

Nathan_The_Finance_Hydra

• The SPX lost our key support at 3,911, a sign of weakness, and this indicates more correction; • Now the index is finally doing a lower low, while it is below the 21 ema – a trait of a bear trend; • In this scenario, the next stop is the 3,818, to fill the last gap (yellow square); • In addition, the 3,911, our previous support, is supposed to work as a...

Nathan_The_Finance_Hydra

• Since our previous analysis, AAPL did exactly what it should do, and we scored another target on it – the link to my previous public analysis here on Tradingview is below this post, as usual; • Now, AAPL keeps dropping, and there’s no bottom sign on it yet; • The next support level is at $134, as this point worked as a support in the past a few times; • If AAPL...

Nathan_The_Finance_Hydra

• TSLA did a good reaction above our support at $155, which we mentioned in our previous analysis – The link to my previous public analysis here on Tradingview is below this post, as usual; • This could be a bottom sign, at least in the short-term, but the problem is that the trend is still bearish in the 1h chart, and it couldn’t even break the 21 ema this...

Nathan_The_Finance_Hydra

• Since it hit our resistance at $14, NIO has been correcting. This no surprise, as this is a critical key point for the stock, as we mentioned in our previous analysis, last week (link below this post); • Now, NIO hit a support level, the 21 ema in the daily chart; • Any bullish reaction above the 21 ema could mean a bounce to $14 again. NIO could even break this...

Nathan_The_Finance_Hydra

• QQQ is very volatile, and since it hit the ceiling of this Broadening Wedge, it dropped sharply, and now, we are near the bottom line; • If QQQ does a downwards breakout, and loses the support line, the gap at $268.50 is a reasonable target to work with; • So far, there’s no evidence that it’ll react and find a bottom, but if does, the timing couldn’t be better,...

Nathan_The_Finance_Hydra

• AMZN is correcting, and there’s no bullish sign indicating a reversal or a bottom on it yet; • Even if it does, the 21 ema is a persistent resistance, and AMZN can’t trade consistently above it since August; • In addition, pay attention to the $101.90 area. This seems to be a key point, as it worked as a support/resistance multiple times recently; • Only if AMZN...

Nathan_The_Finance_Hydra

• The index lost the triple support level we talked about yesterday, meaning, we have more downside left; • However, in the daily chart, it already hit our key support at 3,911, which we also mentioned yesterday (the link to my previous analysis is below this post, as usual); • Only if the index loses this support level it would frustrate the bullish bias seen in...

Nathan_The_Finance_Hydra

• After scoring another target on TSLA, it dropped below our support at $166, giving continuation of this restless bear trend (the link to my previous post is below this analysis, as usual); • Now, TSLA is around the $155, which is a possible support level, as it was a previous resistance on Oct 2020, as seen in the weekly chart below: • As seen in the weekly...