Nathan_The_Finance_Hydra

Nathan_The_Finance_Hydra

• AMD is in a very strong bull trend, since it broke the $62 area, triggering an Ascending Triangle chart pattern; • Now, AMD is in a resistance area, as seen in the weekly chart (blue area); • This resistance area is a key point where AMD found support level multiple times in the past, and now, it is near the 21 ema as well; • If AMD does any weakness sign in...

Nathan_The_Finance_Hydra

• The SPX is still bullish, as it is doing higher highs/lows, and there’s not a single bearish structure indicating a top sign (not at the moment, at least); • The key support seems to the area around 3,900, as it is a key support seen in the 1h and D chart alike; • Any pullback to the 3,900 would be normal and acceptable, if we see a top sign, however, if SPX...

Nathan_The_Finance_Hydra

• The SPX is still bullish, and although it is trying to stabilize today (which is perfectly normal after an euphoric day like yesterday), we have yet to see a top sign confirmed; • It is too soon to tell, but so far, today’s candlestick resembles a Doji pattern, and if this is true, we could do a pullback to the 3,911 area again, at least, if we lose today's low...

Nathan_The_Finance_Hydra

• PYPL is doing a Descending Broadening Wedge in the weekly chart; • This week it went up almost 20%, and it is in a key resistance area, made by the upper purple trend line and by the 21 ema; • In theory, PYPL would correct next week, however, if the bullish momentum persists, PYPL would break this Descending Broadening Wedge, and in this scenario, the next...

Nathan_The_Finance_Hydra

• QQQ is in a resistance area around $284, which did work as a resistance twice since October; • Now, if it confirms a top sign around this area (any bearish candlestick pattern would work, like a Shooting Star, Bearish Engulfing, DCC, etc), it’ll confirm a Triple Top chart pattern, and QQQ would do a sharp correction from here; • However, if QQQ breaks the...

Nathan_The_Finance_Hydra

• We nailed another target on SPX, as it hit our 3,911 today (target set on Nov 07, on a public analysis here on Tradingview – link below this post); • As we expected, the retracements are doing a great job as support levels, and the 38.2% hold the price yesterday, even in a very volatile day; • Now, the index reacted, and it just hit a resistance area; • There’s...

Nathan_The_Finance_Hydra

• NIO hit a very important support level last week, and it did a bullish reaction; • The support area made by the purple trend line + $9.40 is the most important support level for NIO. If it loses both lines, the next support is at $5.70; • This week’s reaction was quite intense, and NIO is trying to reject the bullish reaction from last week; • If NIO reacts...

Nathan_The_Finance_Hydra

• BTC is in a critical situation, at the moment, as it is at a key support level as seen in the weekly chart; • The support at $17,592 is the bottom of a Descending Triangle chart pattern. If BTC loses it, the next stop is the next support near $14k; • BTC would need to do a very quick reaction and break the purple line in order to avoid such drop and reverse the...

Nathan_The_Finance_Hydra

• NVDA is trying to do a top sign, just under a key resistance made by the 21 ema + red line; • NVDA would need to react as soon as possible and break this key resistance this week, in order to avoid a sharper correction; • In theory, NVDA would seek the support at $115 again, however, one of the retracements might work as a short-term support; • Either way, I’ll...

Nathan_The_Finance_Hydra

• The SPX keeps going up, heading to our target at 3,911; • Since it hit our support at the 50% retracement, the index reversed, and so far, there’s not a single bearish sign indicating another crash; • As long as SPX stays above the dual-support area made by the 21 ema + 38.2% retracement, the bullish bias will persist until it hit our target, at least; • If it...

Nathan_The_Finance_Hydra

• AAPL is doing exactly as we expected since our last analysis on it, and it is bouncing just after it hit a clear support level (the link to my last analysis is below this post, as usual); • Although this movement was pretty obvious, we can’t say this bounce will become a reversal structure yet – it is too soon; • However, AAPL has more upside, as the last gap is...

Nathan_The_Finance_Hydra

• TSLA is in a bear trend, and it lost the previous support level at $198 (daily chart); • The volume is quite high, and today, TSLA is doing another gap (yellow square); • Since the trend is bearish, and it lost the previous support level, in theory, TSLA is heading to the $179, our next support level as seen in the weekly chart (red line); • The $179 is a key...

Nathan_The_Finance_Hydra

• Since our last analysis on AMC, I warned about a top sign at $6.80 (link to my last analysis below this post); • Now, AMC hit our target with an astonishing precision, and we see some reaction. Could this be a bottom sign? Maybe. • It all depends on how it’ll react today, and earnings won’t make things easier. If it loses our support at the red line, AMC might...

Nathan_The_Finance_Hydra

• On our last analysis on SHIB I warned about an IH&S chart pattern, that did work very well, as by the moment SHIB broke our key point, it hit the previous resistance with an astonishing precision before dropping again (link to my previous analysis below this post); • Now, we see the same pattern again, so what are the key points? The trigger point is the black...

Nathan_The_Finance_Hydra

• The SPX is reacting above its retracements, as I warned on my previous analysis (link below this post); • Now, the index is trying to close above the retracements and above its 21 ema as well, indicating some strength; • Last Friday, the volume was quite high as well, another sign that the index wants to recover; • Since we finally see bullish reactions near its...

Nathan_The_Finance_Hydra

• QQQ is in a key resistance area, under the 61.8% retracement (previous support, now resistance); • Since QQQ is trying to break this key point, it seems it will trigger the Hammer candlestick pattern from last Friday; • This bullish reversal sign could take QQQ to higher levels, at least to its 21 ema again, in the short-term; • If this will turn out to be a...

Nathan_The_Finance_Hydra

• NVDA is still incredibly bullish in the daily chart, as it is still doing higher highs/lows, trading above its 21 ema (which is pointing up, by the way); • On our last analysis, NVDA was about to lose a key support, and although it showed some weakness as we expected, the movement was short-lived, and NVDA quickly recovered again (the link to my last update on...

Nathan_The_Finance_Hydra

• AAPL is doing many technical movements recently, as it behaved exactly as we expected since our last analysis (link to it below this post); • It lost our key support level (purple trend line in the 1h chart + 21 ema in the daily chart), and this triggered the sell-off; • Now, as we expected, it is just after its next support levels. Today, we just hit the...