Hello traders and investors! Let’s see how Tesla is doing today! First, since we hit our first target at it, Tesla has been inside a Triangle pattern in the 1h chart. Triangles are usually continuation patterns, but this is not a rule. A breakout from any of these purple lines will dictate the next movement. If Tesla breaks the Triangle downwards, the target in...
Hello traders and investors! Yes, PLTR hit the $ 27.45 as we said it would in our last study (the link to my previous idea is below this post), but what to do now? The $ 27.45 is a secondary target in my view, but it is working very well as a resistance. Now we can expect some struggle around this area, and the fact that PLTR dropped below its 21 ema in the 1h...
Hello traders and investors! Let’s talk about AAPL today! We are in a strong bull trend, and AAPL is doing higher highs/lows in the 1h chart. I see no clear reversal or pullback sign around as well. The $ 134.58 is working as support, and it was previously a resistance. The 21 ema is quite close to this point, making it a dual-support level in the...
Hello traders and investors! I told you that the main bias was bullish! Let’s quickly update NIO’s last movements: Despite the main bullish bias, Nio was in a short-term bear trend, which was completely denied when it defeated the $ 46 , as we said in our last analysis. The H&S chart pattern wasn’t triggered, so, we had no bearish confirmation in the mid-term...
Hello traders and investors! We nailed another target, and this time, on WISH. In our last analysis ( link below this post, if you missed), we said that if WISH trades above $ 11.92, the $ 15 is the next target. Today, it did hit our target, 14 days after my analysis. A quick swing trade. The reasons for this were quite simple: 1) The $ 11.92 was a pivot...
Hello traders and investors! As we expected, Tesla did an upwards breakout from its Triangle pattern ! Now it is just heading to our target! There are several reasons why I though we were about to see an upwards breakout, even considering that Triangles are continuation patterns, and this means that it should’ve done a downwards breakout to the $ 538 . If you...
Hello traders and investors! Let’s update our thoughts on PLTR today! First, it defeated the $ 25.23 area we talked about last week, but only after it retested the purple trendline one more time. Now PLTR is defeating its resistances, a nd there’re no pullback/reversal signs around. The 21 ema is pointing up, and it is another support level that could hold...
Hello traders and investors! Let’s see how NIO is doing today! First, it is worth noting that it is in a short-term bear trend , because we do have lower highs/lows in the 1h chart. It also defeated the purple trendline, indicating some weakness. Now, NIO found a support around the $ 43.78 and it is bouncing back up. There’s some light in the end of this...
Hello traders and investors! Let’s see how the NDX is doing today! First, it filled the gap 14,160, and it defeated the green line at 14,149, triggering a pivot point . This made the stock fly again, and break new records. The trend is clearly bullish, and we have no pullback/weakness signs around. If it corrects to the 21 ema, we shouldn’t be surprised....
Hello traders and investors! The SPX is doing quite good today; let’s see how it is doing: First, in the 1h chart, we see a very sharp movement since Monday, just after it hit one of our support levels. The more it goes up, higher are the chances of a pullback , so, if it drops again to its 21 ema, I wouldn’t be surprised at all. But it seems we are seeking...
Hello traders and investors! Let’s see how PLUG is doing today! First, we had a Double Bottom triggered in the 1h chart, and the key point was the $ 30.40 – remember this point. What’s more, it did defeat this key point by doing a Breakaway Gap. Now, the technical target is the $ 34.35, but since PLUG is quite far from its 21 ema, pullbacks are expected, but not...
Hello traders and investors! Let’s see how the NDX is doing today! It is underperforming the SPX, but that’s fine, we are almost defeating the ATH again, but there are some points we must stay alert. First, if the index defeats today’s high tomorrow, and fills the gap, probably we’ll see a new record high here, and the bull trend will remain intact. What could...
Hello traders and investors! Let’s see how NIO is behaving today! First, in the 1h chart, we have a dual-support level made by the purple trendline and the previous bottom at $ 45.07 (green line). Since NIO is in a bull trend, the odds are that it’ll keep pushing up, and do new higher highs/lows. NIO hit all our targets recently, and now we have another one...
Hello traders and investors! Let’s see how Tesla is doing today! First, yes, we have an accumulation around, and Tesla is trading inside a range between the two black lines. Only a breakout from any of these lines will tell us what Tesla will do next . It seems the $ 571 is a support in the short-term, while the $ 635 is another resistance. But the daily...
Hello traders and investors! Let’s see how the SPX is doing today! To the untrained eye, the 1h chart seems erratic and unreadable, but if we look carefully, we’ll see that the movements were all extremely technical. First, the index dropped to fill the gap (yellow square at 4,198.77), and it found support over there. Now it did an impressive Tweezers...
Hello traders and investors! Let’s talk about the NDX today! In the daily chart, we have the idea of a bearish harami, just at a resistance level (black line, previous top at 14,072). If the index closes under this black line, the market may see this as a false breakout and this would help to make the index fall. If it falls, then we have a dual-support level...
Hello traders and investors! Let’s see how PLTR is doing today! First, it lost the ascending channel’s low that we mentioned last week, and this tells us that the bullish momentum is getting weaker. Doesn’t mean a reversal, neither that we are seeing a pullback, but that PLTR is resting. In this case, we are having a Time Correction (when the price keeps...
Hello traders and investors! Let’s talk about WISH today! Yes, we have a minor pivot point at $ 11.92 in the 1h chart, and if defeated, it’ll make WISH fly again to the $ 15 in the short-term. If it does a pullback to the 21 ema, it would be an opportunity to buy at a cheaper price. I like how the volume is looking here: Higher during the upside movements,...