Nathan_The_Finance_Hydra

Nathan_The_Finance_Hydra

• SOFI is crashing sharply today, and it did a new all-time low today, at $4.79; • However, it seems it’ll close above the previous all-time low / support at $4.82 (black line); • If SOFI is about to react, now is the best time. Below this point, there is no other technical support level to work with, and then only a very strong bullish reversal sign would reverse...

Nathan_The_Finance_Hydra

• Since it lost the $134 support, NVDA is just heading to the $115, and there’s no technical evidence indicating it won’t do this, as we lack strength, and there’s not a single bottom sign at the moment; • The $115 is a support level that dates back to 2 years ago, September 2020; • In addition, the daily chart suggests a continuation of the bear trend. Since...

Nathan_The_Finance_Hydra

• AMD is clearly bearish, doing lower highs/lows, and there’s no technical evidence it’ll recover or reverse; • Since it lost the support at $73 (black line), it is heading to the $59 (red line), which is the next support level/target; • If AMD reacts and performs a positive candlestick in the weekly chart, it might bounce back up to the $73 area, or even to the...

Nathan_The_Finance_Hydra

• QQQ is doing a Bullish Engulfing today, a reversal candlestick pattern; • This pattern appeared just above the support at $275 (June 30 low); • If QQQ loses this support, it’ll just resume the bear trend, and the next support is the $268; • However, if it confirms this Bullish Engulfing it’ll trigger a technical reversal, which might take it to the $290; • The...

Nathan_The_Finance_Hydra

• RIVN dropped sharply in the last few days, however, it is trying to recover now; • For the first time, since the last top (Sep 15), RIVN is doing higher highs/low; • In addition, it seems we see an Ascending Triangle chart pattern; • This is supposed to be a bullish reversal pattern, but this is not a rule. If it loses the purple trend line, it might drop to...

Nathan_The_Finance_Hydra

• TSLA is doing an Ascending Triangle chart pattern in the 1h chart. In theory, it should do an upwards breakout, but this is not a rule; • The purple trend line is the key support, which coincides with the 21 ema, making it a key support level for TSLA in the short-term; • If TSLA loses this support level, then it’ll probably seek the next support level around...

Nathan_The_Finance_Hydra

• AMZN is in a bear trend, as it is doing nothing but lower highs/lows, and there’s no sign of reversal yet; • In addition, AMZN is trading below the 21 ema, which is working as a resistance; • Since it is a bear trend and there’s no confirmation of a reversal, the area near $100 is the next support level; • However, a possible bullish structure could reject this...

Nathan_The_Finance_Hydra

• NFLX is trading inside a range between $213 - $ 251; • The 21 ema is flat, another indicator that the mid-term trend is neutral; • Since it is a congestion, NFLX is a buy when it is near $213, and a sell when it is near $251; • The price action is uncertain, and NFLX would need to do a real breakout either to the upside or to the downside so we can work with new...

Nathan_The_Finance_Hydra

• AMC is still in a bear trend, and there is no reversal sign yet. However, there is a bottom sign on it today, just above a support level (black line at $6.80); • Today’s candlestick pattern is a Bullish Harami, so far, and although it is not the most reliable bottom sign, it appeared in an important support level; • This could make AMC bounce back up to its 21...

Nathan_The_Finance_Hydra

• BTC is in a clear support level at $18.666 (black line); • In order for BTC to react, it must break the blue line at $19.500, along with the 21 moving average. By doing this, the target would be the next resistance, which is only at $22.777 (red line); • However, BTC must react as soon as possible, and if it loses the support at the black line, the situation...

Nathan_The_Finance_Hydra

• So far, SPY is heading to the next support at $360.69, indicating we have a few more bucks to drop, and there’s no technical evidence pointing to a reversal. In the daily chart, at least, there’s not a single bullish pattern yet; • We see some open gaps (yellow squares), and they will become targets, in the future, if (and only if) SPY triggers a...

Nathan_The_Finance_Hydra

• AAPL is in a bear trend, but the $148 area is the first key support; • If AAPL reacts and breaks the $153, it’ll trigger an IH&S chart pattern, with a target at $158.72. Remember, if AAPL reacts, for now, there’s no evidence pointing to this direction. • In the daily chart, AAPL is stabilizing, and we see that the $148 area is visible in this time frame as...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how NVDA is doing today! First, in the 1h chart, we see something like a Double Bottom, or an Inverted Head and Shoulders, depending on your imagination, but that is not important. Both are bullish reversal patterns, and so far, NVDA is doing some interesting technical movements. First, it seems to me that yesterday’s drop...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how the SPX is doing today! First, it broke our key point at 3,810 by doing a gap, making this a Breakaway Gap, a bullish continuation pattern. Now we are just doing what the index was supposed to, and it almost filled the gap at 3,900 today. In addition, you may say that the SPX broke the neckline of an Inverted Head and...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how AAPL is doing today! First, in the 1h chart, we are clearly bullish, as AAPL is doing higher highs/lows and it is above the 21 ema (which is pointing up). As long as it stays above the 21 ema, it won’t reverse, but if it does, the gap at $ 132 area might get filled. The main challenge for AAPL seems to be the red line...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how the SPX is doing today! First, in the 1h chart, we see that it is still below the key point at 3,810 (purple line), while the 21 ema keeps going up, squeezing the price more and more against the purple line, as time passes. If the index loses its 21 ema, the gap at 3,694 would attract the price, and it could go even...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how TSLA is doing today! First, since it did a false breakout from our purple line at $ 635, TSLA is very bullish. It broke the 21 ema, and it broke the resistance at $ 700 (black line). Now, both the 21 ema and the line at $ 700 are support levels (remember the Principle of Polarity in Technical Analysis). Tesla is...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how NVDA is looking today! Since it lost the 21 ema, NVDA frustrated any possibility of a bullish reaction, and we are still trading under it. Clearly, NVDA is not bullish, but the bearish sentiment is getting weaker, at least. It seems we found a bottom around $ 155 again, and since then, NVDA is just moving sideways,...