Hello traders and investors! Let’s see how TSLA is doing today! The support at $ 760s worked nicely for us, since our last update, and now TSLA is trying to break free from this congestion. We’ve been moving sideways since the end of September, and the $ 800 price area is the ceiling for TSLA. As long as it doesn’t break the $ 800, and close above it, confirming...
Hello traders and investors! Let’s see how the SPX is doing today! We see some very interesting movements here right now. In the 1h chart, it is holding around the 4,375 (previous top), which we talked about in my last analysis. This is a nice support level, and this reaction is important because it is trying to create a bullish structure. This could reverse the...
Hello traders and investors! Let’s see how AAPL is doing today! In the 1h chart, we see some sideways correction, which is normal, and the 21 ema is here to offer a support for the price. The $ 144 is a ceiling, and AAPL must break this point and close above it in order to engage in a proper bull trend. If we look at the daily chart, the situation looks...
Hello traders and investors! Let’s see how the SPX is doing today, and do a complete multi time frame analysis (MTFA). First, in the 1h chart, we must pay attention to the 21 ema area. The index is clearly in a bull trend, doing higher highs/lows, and this movement might be an early reversal sign. Pullbacks to the 21 ema or to the red line at 4,375 are expected,...
Hello traders and investors! Let’s see how MSFT is doing today! First, in the 1h chart, we see that the trend is still bearish. We did a higher bottom above the 21 ema recently, and if we do a new higher high, MSFT might break free from this bearish momentum. However, it feels like it must escape from this Descending Channel too before it can start to do anything...
Hello traders and investors! Let’s see how AMZN is doing today! First, in the 1h chart, we see that it is holding above this red line, which is a good sign, however, we see no meaningful bullish structure yet. By defeating the $ 3,260 we might see something interesting, but as long as we don’t see any confirmation, we can’t do anything. Do you remember the red...
Hello traders and investors! It seems that after a Red Monday, we always have a Green Tuesday! Let’s see what’s going on in detail. The day just started, but it seems the index found its floor at its support level around 4,287. As I said yesterday, this opens rooms for a possibility of a Double Bottom chart pattern, however, this reversal sign wasn’t triggered...
Hello traders and investors! Let’s see how PLTR is doing today! We had a Red Monday yesterday, and PLTR crashed along with the rest of the market. Now, what’s for us here? First, let’s keep in mind that PLTR just filled its gap at $ 23.19, and now we have the beginning of a bullish reaction. This candlestick pattern could be a Harami, which is not the best...
Hello traders and investors! Let’s see how FB is doing today! First, we see that FB is clearly in a bear trend. There’s nothing that could help FB now, unless we see a clear bullish reaction. As someone who is out of FB, I’m more tempted to buy than to sell, as the risk/reward ratio favors the bulls. If we fill the last gap, it’ll confirm an Exhaustion Gap,...
Hello traders and investors! Today is a Red Monday (again), and the market is crashing sharply. Let’s see what’s going on here. First, in the 1h chart, we don’t see any meaningful bullish structure, however, I agree that if the index hold itself around the support at 4,287 I’ll start to believe in a bullish reversal. This could be a Double Bottom chart pattern,...
Hello traders and investors! Let’s see how the SPX is doing this Friday! First, it seems the bear trend is restless. However, now that the index is at a support level, we have the start of a good reaction. If we defeat the 21 ema again, it’ll be a great sign, and probably we’ll seek the next resistance at 4,386. We don’t see a bullish structure that could truly...
Hello traders and investors! Let’s see how TSLA is doing today! To nobody’s surprise, we are seeking the support levels, exactly as we thought in our last study (the link is below, as always). We just quickly retested the $ 760s area, and now we are bouncing back up. There’s a reason why this yellow area is a nice support level. First, it was a previous top (Sep...
Hello traders and investors! Let’s see how AMZN is doing today! Since our last analysis, AMZN triggered the bullish signs we were focusing on, and it went up nicely, until it gave us a reversal sign. Now, AMZN is not bullish anymore, but it is still not bearish at all. Since we just retested the previous support level at $ 3,305, AMZN has been moving sideways....
Hello traders and investors! Let’s see how NVDA is doing today! In the 1h chart, we did a false breakout from the previous support at $ 206, and we are going up nicely today. In fact, today’s reaction is quite important, as this might be the beginning of the famous Gap Reversal Ritual . NVDA did three different types of gaps during its last bearish leg....
Hello traders and investors! Let’s see how AMD is doing today! Since our last analysis, the $ 106 did a good job holding the price, as we thought it would, however, when we finally broke this resistance this week, AMD drops sharply thanks to yesterday’s sell-off. Now, we see that we are having some reaction, which is good, but we aren’t near any visible...
Hello traders and investors! Let’s see how PLTR is doing today! The pullback was more intense than we expected, but the situation was always under control. In the short-term, we triggered a bearish pivot point at $ 27.91 (red line), and this made PLTR seek its next support levels. The $ 25 area was a floor for it, and now, any good bullish reaction might be just...
Hello traders and investors! Let’s see how the SPX is doing today! Breaking the short-term bull trend, the index is seeking its next support levels. We lost the Pennant downwards, along with the 21 ema and the 4,394. The 4,351 is another good support candidate, which is holding the price for now. Our last support level is the 4,305, and below this point, we...
Hello traders and investors! Let’s see how NIO is doing today! We have an important reaction right now, as NIO is trying to trigger a Double Bottom chart pattern by breaking the $ 36.50 area. It seems the $ 34.510 worked as a nice support, after all, and this might bring something new to NIO. We still have two open gaps, and by triggering this Double Bottom, the...