Nathan_The_Finance_Hydra

Nathan_The_Finance_Hydra

• The index is going up sharply today, as it found a support around the 61.8% Fibonacci’s Retracement yesterday; • Now, the area around the 4K is a triple support area consisting of: 1) The 61.8% retracement, as we mentioned; 2) The 21 ema; and 3) the previous bottom level the index did yesterday at 4K (green line); • As long as the index stays above this triple...

Nathan_The_Finance_Hydra

• The index hit our target at 4,083, as it behaved exactly as we expected yesterday, but it seems it is losing strength now. The link to my previous analysis is below this post, as usual. • So far, it is doing a Shooting Star candlestick pattern. Considering it is just under a key resistance, this might be a top sign. • The trend is still clearly bullish, and...

Nathan_The_Finance_Hydra

• In our last analysis, we nailed the top on AMC, as it triggered its key reversal points. In addition, it is way below our original target – the link to my previous public analysis is below this idea; • Now, AMC lost our first target (21 ema, daily chart), and it ignored all of its retracements, including the 61.8%, the last mid-term support level; • Is there any...

Nathan_The_Finance_Hydra

• Since our last study on TSLA, it hit our target as it filled the gap at $170 – the link to our previous public analysis is below this post; • However, despite the bullish reaction seen recently, TSLA is trying to reject it, as it is dropping sharply today; • Since the mid-term trend is clearly bearish, in theory, TSLA is just heading to lower levels, and the...

Nathan_The_Finance_Hydra

• In the 1h chart, the key resistance is the green line at 3,974, as this area was a multiple resistance for the index last week; • Only if the index breaks its key resistance it could resume the bull trend and seek higher levels again, like the 4,083; • On the other hand, the main support is the red area seen in the daily chart, and as long as the index stays...

Nathan_The_Finance_Hydra

• QQQ did exactly what we described in our last post, and it hit our target (link to our previous analysis is below this post). Now, it is reacting just above the 38.2% retracement, as seen in the daily chart; • If QQQ breaks the 21 ema in the daily chart as well, the idea that it’ll bounce will gain strength; • In this scenario, QQQ would easily retest the $293...

Nathan_The_Finance_Hydra

• NIO is still trapped inside a Bearish Flag chart pattern, which we already mentioned in my previous analysis (link below this post); • In theory, this is a continuation pattern, and since the long-term bias is bearish, NIO would trigger it downwards and seek the next target around $5; • What’s more, NIO is quite close to the 21 ema in the weekly chart, another...

Nathan_The_Finance_Hydra

• The index is trying to react this morning, and the timing of this reaction is quite good, after all, it is just above our support area, which I mentioned yesterday; • What’s more, yesterday’s candlestick indicates stabilization, while the 21 ema was working as a resistance; • Now, the index is just moving according to our previous analysis, and if it closes...

Nathan_The_Finance_Hydra

• The index is struggling around its support area (red area), but there’s no bullish sign indicating a bottom yet; • In order for the index to react, it would be important to see it closing above the 21 ema again. In this scenario, the index might gain momentum to retest the previous resistance at 4,083 again; • On the other hand, if it...

Nathan_The_Finance_Hydra

• In our previous post, when TSLA was around $195 I set a target around $179 - $177, if a top sign appears. It happens that TSLA did a Spinning Top, and it dropped sharply afterwards. Now it is below our original target – the link to my previous public analysis is below this post, as usual; • Now, TSLA is just bearish, and so far there’s not a single bullish sign...

Nathan_The_Finance_Hydra

• Since our previous analysis, NVDA did exactly what we expected it would, as it is correcting after touching a strong resistance level (link to my previous analysis is below this post, as usual); • NVDA did a Double Top chart pattern, which brought some correction; • Now NVDA is trading just around the dual-support area we mentioned in our last post (21 ema +...

Nathan_The_Finance_Hydra

• MSFT is back to its 21 ema in the daily chart; • The trend is still bullish, despite the drop, but it must react as soon as possible, otherwise, it might reverse the bullish sentiment; • If it loses the 21 ema would be problematic for the bulls, but if it loses the $238 area, the dual-support made by the 38.2% retracement + red line (previous bottom), then it...

Nathan_The_Finance_Hydra

• AMD is trading at a critical support level today, as we just hit the 38.2% Fibonacci’s Retracement + Red Line at $70.16 (previous bottom); • In addition, AMD lost the 21 ema, therefore, in order to avoid a bearish continuation sentiment, it must react as soon as possible above this key support; • If a bullish reaction materializes (there’s none so far), it...

Nathan_The_Finance_Hydra

• AMZN lost our key support level, after failing in breaking the 21 ema in the daily chart; • The volume is still low, a sign of weakness, and in theory, AMZN is seeking the next support at $85; • Only a miraculous reaction, making it close above the $90.59 again (making this a false breakout), could frustrate this bearish sentiment; • Either way, this is...

Nathan_The_Finance_Hydra

• The index lost the 21 ema in the daily chart, which was our last target since it triggered our Spinning Top candlestick pattern last week (link to my previous public analysis is below this post); • So far, there’s bullish reaction on the SPX indicating that the sell-off is over, therefore, it could drop to lower levels; • If it loses the 3,911 area (previous...

Nathan_The_Finance_Hydra Updated 

• Last week, we nailed the bottom level on AMC, and it exploded since then, as it broke our resistance at the blue area – the link to my previous public analysis on AMC is below this post, as usual; • Now, AMC is in a short/mid-term bull trend, doing higher highs/lows in the 1h/D charts; • Since it is a bull trend, in theory, it is heading to the next resistance...

Nathan_The_Finance_Hydra Updated 

• Last Friday we nailed the bottom on the index, and it went up nicely afterwards; • However, the SPX is back to our support level, and it all depends on how it’ll react from here; • By losing the 4,028, then we might see a sharper pullback, and the 21 ema in the daily chart would be a good target to work with; • If we react, then the bullish bias will persist,...

Nathan_The_Finance_Hydra Updated 

• QQQ is correcting today, but it seems we have a key support around the $289 area; • In our last analysis on it, we nailed the bottom using Fibonacci. The link to my previous (public) analysis is below this post, as usual; • In the 1h chart, QQQ just hit its dual-support area made by the 21 ema and the 38.2% retracement – and it seems it is reacting here; • In...