Nathan_The_Finance_Hydra

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how the S&P is doing this Friday. The signs are good, and the index is bullish for sure. Today it triggered the Piercing Line pattern we talked about yesterday, and it reinforces our bullish thesis. It wasn’t only a Piercing Line pattern, but a pattern that appeared just above our dual-support level made by the purple...

Nathan_The_Finance_Hydra

Hello traders and investors! Yes, the index hit our target at the purple trendline in the daily chart, after it lost the support levels we mentioned yesterday. My previous analysis is public, and the link to it is below. What’s interesting is that it not only hit the purple line, but the index also filled its gap at 4,369.87 (red line, yellow square),...

Nathan_The_Finance_Hydra

Hello traders and investors! Yes, AMD finally hit the 21 ema in the daily chart, which is something we were already expecting since our last study, but is it a good time to buy? We’ll see. This analysis is another real-life example of how to apply Dow Theory in our chart reading. Last week I said to you and I’ll just quote myself: “I would prefer to see it at...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how AAPL is doing today! First, the trend is bullish, and the 21 ema is going up along with the price, and everything seems fine with AAPL. But we must keep an eye on some important key points, as they will dictate how AAPL will behave in the next few days, if it’ll keep climbing or if it’ll drop. The support at $ 149.10...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how the SPX is doing today, and I’ll update the next key points we must keep an eye on from now. As we can see, the 1h chart is pretty messed up. We did a new record high two days ago, and then the index crashed, did a Breakaway Gap and it lost the support at $ 4,437. Now we are retesting the 21 ema as a resistance, and...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how TSLA is doing today! We lost the support at the gap area around $ 687, and today we lost yesterday’s low, a sign of weakness. What’s more, TSLA triggered a bearish pivot point in the 1h chart, indicating a bearish reversal sign for the short-term. This bearish momentum might last for a while, and as long as we don’t...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s take a look at NIO today! Since it reported earnings, NIO has been in a bearish momentum, and it seems nothing will reverse it. The last support was at $ 38.66, and NIO lost it, but what does this means? We are still far from May’s bottom at $ 30, and since it dropped that sharply, it has good chances of bouncing back up, but...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how SPX is doing today. First, in the 1h chart, we had a false breakdown from the previous support at 4,449.50, as the index quickly recovered and filled the gap (so, it wasn’t a runaway gap, in the end). Once again, the index is above the 21 ema, and the movement seen in the past few hours ruins the possibility of a...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how AMZN is doing today! Today’s reaction in the 1h chart might be just a Dead Cat Bounce, as long as we lack bullish structure. However, AMZN is doing some interesting patterns, and it is worth to pay attention to them, as they might be early signs of reversal. First, AMZN is seeking its 21 ema again, and if we defeat it,...

Nathan_The_Finance_Hydra

Hello traders and investors! Yes, AAPL has been moving according to the technique, and now we see something new. First, it did a good pullback to the 1h chart today, and now it is going up again, as usual. The 21 ema is pointing up, and clearly we have a bull trend. In addition, we are defeating the ATH today. In the daily chart, we see that AAPL is trying to...

Nathan_The_Finance_Hydra

Hello my friends! Let’s how AMD is doing today! First, in the 1h chart, it is in a bull trend again, as we have higher highs/lows. The first pivot point triggered was at $ 109.77, and we have a second one that has yet to be triggered at $ 111.70. We are above the 21 ema again, and everything looks bullish from here. Let’s look for more clues in the daily...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how WISH is doing today! It is dropping sharply thanks to earnings. However, is this an opportunity or time to get out of it? First, it is never a good idea to buy anything just because it is dropping. Some drops make sense, some don’t. Either way, in this analysis, we’ll focus on TA, not FA. I like to buy reversals, but in...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how the SPX is doing today! Once again, we have a new record high, as usual. This is natural, as we have a strong and solid bull trend. Notice how the 21 ema is a reliable support level too, and as long as it keeps above it, the trend will be very bullish. The red line at 4,429 is another technical support, but there’s...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how NIO is doing today, after earnings! Even in moments like this, with high volatility, Technical Analysis still makes sense. First, in the 1h chart, NIO dropped sharply only to retest the previous support at $ 41.59 and now it is bouncing back up. This is a good sign, and if we manage to close above the $ 43.43 area, the...

Nathan_The_Finance_Hydra

Hello traders and investors! Today PLTR reported its earnings, and the volatility increased, as expected. There are some key points we can use, and we’ll talk about them in this complete Multi Time Frame Analysis (MTFA) . First, now it is too late to buy. The time to buy was during the Ignition Bar evidenced in the 1h chart, which was a classic bullish...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s study AMZN today! The stock was crushed after earnings, and it is not reacting. So far, we don’t have any bullish structure around that could reverse this bearish momentum. AMZN did a Monster Gap after earnings and it lost 3 supports at once: The 21 ema; the 3,552.80 (previous resistance); and the 3,394.18 (previous...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how TSLA is doing today! We see that the stock is trapped inside a classic Pennant pattern , and the $ 700 is its support level. Pennant patterns are continuation patterns (most of the time), and the odds are that we’ll see an upwards breakout. Regardless of what TSLA will do next, we can set strategies for this pennant....

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how MSFT is doing today, and what our dear Technical Analysis (TA) has to say about it. It seems it is having a hard time recently, as the bullish momentum got weaker, but the trend is not bearish at all. So far, we have a congestion that resembles an Ascending Triangle chart pattern, as evidenced by the ascending...