Hello traders and investors! Let’s see how NVDA is doing today! First, in the 1h chart, NVDA is losing its support levels, indicating to us that it is trying to fill the gap at $ 228.58. The volatility is very high, but the gap seems to be an important support level for us. We don’t see any meaningful bullish reaction for now, but if we do, it would be a good...
Hello traders and investors! Let’s update our thoughts on SPX. The week is over, so we have a few key points to keep in mind for next week In the daily chart, the index lost the 61.8% retracement, which was the main support level for us. However, if it reacts on Tuesday and closes above this retracement again, this could be a bear trap and a false breakout. The...
Hello traders and investors! Let’s see how TSLA is closing this week! First, in the 1h chart, it dropped sharply after it lost our support level at $ 878 (gap). Now, we must update our key points. Yes, TSLA lost yesterday’s support, however, it is a good thing that it stopped dropping after it filled our gap at $ 847. This indicates to us that this is another...
Hello traders and investors! Let’s update our thoughts on AAPL today. In the 1h chart, AAPL filled the previous gap, and it lost the previous support at $ 170, reversing the trend and now it looks bearish. The next support for it is the $ 166 area (green line). Any reaction there could be a buy sign, but we must wait for confirmation. If AAPL loses this green...
Hello traders and investors! Let’s see how NVDA is doing today! It is crashing, so we have a few things to update. This is going to be a complete multiple time frame analysis (MTFA). We'll study the H, D and W charts. In our last analysis, yesterday, we identified a support level at the purple trend line, which was lost today. We can’t say NVDA is bullish...
Hello traders and investors! Let’s see how AMD is doing today! First, it did trigger the Bearish Flag we mentioned in our last analysis, and it seems it is just heading to the $ 105 (previous gap). The link to my previous analysis is below this post. The trend is clearly bearish, and there’s not a single bullish sign around, and this is the only thing that...
Hello traders and investors! Let’s see how GOOG is doing today! First, we see a good reaction today, in the 1h chart, as the support area between the two black lines at $ 2,667 - $ 2,651 is holding the price nicely. Right now is a good time for a bullish reaction, and GOOG could fill the last gap at $ 2,747.65. However, in order to reverse, we must see a...
Hello traders and investors! Let’s update our thoughts on the SPX today! First, in the 1h chart, it filled the previous gap at 4,411, and now it seems the index is seeking its next support at 4,365 (red line). If this drop was reasonable or not, it doesn’t matter, but I find it curious that it did a Breakaway Gap today. This usually means panic. Either way,...
Hello traders and investors! Let’s update our thoughts on NVDA today! First, in the 1h chart, it almost hit its technical target at $ 269 (green line), and today it crashed along with the market, after it reported earnings yesterday. This ruins our short-term reading, but we still have many important key points to talk about. Even in a volatile moment like...
Hello traders and investors! Let’s see how AMZN is doing today! I'm updating the key points I mentioned in my previous analysis (link below). First, in the 1h chart, it failed miserably in breaking our previous resistance at $ 3,169, so, no bull trend here. However, this is not a bear trend as well, as there’s no lower highs/lows. Instead, we see a sideways...
Hello traders and investors! Let’s update our thoughts on TSLA today! As we mentioned in our previous analysis, the $ 896 was the most important support level, and that said, the moment we lost it today, TSLA melted. However, it is not doing anything unexpected. In fact, it is doing what I said would be “the worst-case scenario”. The link to my previous analysis...
Hello traders and investors! Let’s update our thoughts on AAPL today! We successfully identified the $ 166 as a key support level for it, and since then, it has been going up nicely. The link to my previous analysis is below this post, as usual. Now, AAPL is in a bull trend, because it is doing higher highs/lows. However, I agree that since it is doing a Dark...
Hello traders and investors! The movements on TSLA have been so technical and precise, and it is behaving according to our technique. Let’s update our thoughts. Remember, the link to yesterday's analysis is below this post, as usual. First, in the 1h chart, TSLA is still bullish, as we expected, as it is still doing higher highs/lows. Is there any bearish...
Hello traders and investors! Let’s see how SPY is doing today! It is moving exactly as we expected, but we have a few points to update. Yesterday we did a good job, as we identified the bullish bias successfully. In addition, it respected the support level at our green line ($443). The bears tried very hard to break this support, but in the end, the bulls won...
Hello traders and investors! Let’s see how GOOGL is doing today! In the 1h chart, it is a clear bear trend, as it is doing lower highs/lows. However, we have a key point to watch from here: The dashed line at $ 2,754. This line was a previous resistance before the Monster Gap after earnings, and when GOOGL lost its strength, it worked as a support for the price....
Hello traders and investors! Let’s see how SHOP is doing today! It is crashing after earnings, but is it now a good time to buy? After all, “buy when there’s blood in the streets”, right? Personally, I always like to buy the dips, never the tops, however, as I like to say, there’s a right way of doing it – and there’s a wrong way. The charts can help us a lot...
Hello traders and investors! Let’s see how AMD is doing today! First, AMD triggered the pivot point in the 1h chart that we mentioned in our last analysis (link to it is below this post), however, the market is trying to frustrate our previous bullish thesis. Let’s update our thoughts. The problem on AMD is that it is triggering a possible Bearish Flag pattern...
Hello traders and investors! Let’s update our thoughts on NVDA today! In the 1h chart, NVDA is seeking the $ 269, its previous resistance and a technical target of this Double Bottom pattern we identified yesterday. The link to my previous analysis is below this post, as usual. So far, NVDA just retested its 21 ema in the 1h chart, and it is bouncing back up,...