Nathan_The_Finance_Hydra

Nathan_The_Finance_Hydra

Hello traders and investors! We have a Red Monday today! Let’s see how NIO is doing right now. We have a correction in the hourly chart, and it seems the support area around the pink line ($ 49.31) did hold the price very well today. Now NIO is doing another Hammer candlestick pattern in a support level, and this usually attracts buyers. It must not lose the...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how NIO is doing today. First, it dropped today, following the movement seen in the indices. This is fine, and it is a natural movement. What’s more, we have some important points to keep in mind now. NIO dropped exactly to a dual-support area , made by the green line (previous top) and the gap (pink line). This is a...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how Tesla is doing today. It is dropping a little, following the sell off seen on the S&P 500 and DJI (Nasdaq is going up today). It seems this movement could be a harmless correction, maybe to the 21 ema, or maybe to the $ 508 (black line). If it fills the last gap, then it won’t be a Runaway Gap anymore, but a Common...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how NIO is doing today! As we already discussed yesterday, the odds were in favor of the bulls and NIO is flying today. It defeated the black line and did a record high as we thought it would, but what now? Well, it is struggling around the black line , which is natural, as it is a quite decisive point for NIO. It went...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how Tesla is doing today! As we’ve been saying, there’s nothing to worry here at all. So far, no top signs, no reversal signs – nothing . If we don’t see any of these signs, the trend will persist, according to Dow Theory , 6th tenet (trends persist until a clear reversal occurs). Maybe it left another Runaway Gap ...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how NIO is behaving this Monday! Well, as we expected in my last analysis (Friday), NIO defeated the $ 49.36, triggering a pivot point , and now NIO is just flying again. If you missed my previous analysis, the link to it is below, as usual. The stock is flying, and there are absolutely no top or reversal signs ahead! NIO...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how Tesla is doing today! In my last analysis, we discussed the possibility of a pullback if Tesla loses the red line at $ 493 and Thursday’s low ($ 487.57). Well, it briefly lost the red line on Friday, but it wasn’t enough. I was already skeptical about a sharper pullback, but today’s movement is quite surprising. It...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s do a complete Multiple Time Frame Analysis (MTFA) on NIO today, looking at 3 different time frames. First, NIO is trading under the resistance at the green line $ 49.36, and above the 21 ema, this means that NIO is inside a Trap Zone . It could breakout to any direction, but since the trend is bullish, the odds favor the...

Nathan_The_Finance_Hydra

Hello traders and investors! Today is Friday, so let’s do a complete Multi Time Frame Analysis (MTFA) by looking at the hourly, daily and weekly charts (short, mid and long-term). Starting with the hourly chart, the $ 493 is a pivot point for Tesla, and if it loses it, we may see some pullback ahead. Therefore, I said to you that this is a point to book...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how NIO is doing today. While Tesla is at record levels again, NIO is not far behind. It frustrated the idea of a H&S chart pattern in the hourly chart, which is good, and it did a breakout from a Triangle pattern. As we discussed, Triangles work as continuation patterns (most of the time), and now it is just continuing...

Nathan_The_Finance_Hydra

Hello traders and investors! Ok, Tesla hit our target at the All Time High today (black line at $ 502.49), and now it is trading close to it. The trend is bullish in all time frames I use to watch: Hourly, daily and weekly. This means that pullbacks are opportunities to buy, and maybe we’ll see one here, but it is a huge maybe. Since we just hit a previous...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how NIO is doing today, and I’ll give you some important points to keep in mind. First, we have a Triangle chart pattern in the hourly chart, and it could breakout to any direction, but usually, Triangles are continuation patterns, meaning, the situation favors the bulls. If we see a downwards breakout, probably the black...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how Tesla is doing today! Ok, so Tesla was added to the S&P 500, and this is giving fuel to the stock right now. In my previous analysis, we discussed Bullish Engulfing , which was our last entry point on Tesla. Now it is too late to buy, but we could see an opportunity here if Tesla does a pullback. And if you missed my...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how Tesla is doing today. It’s been some time since my last analysis, so, let me give you guys some updates. And the link to my previous analysis is below, as usual. First, Tesla is trapped inside what I like to call a Trap Zone , trading above the support at $ 406, but under the resistance at the 21 ema, and the price...

Nathan_The_Finance_Hydra

Hello traders and investors! Tomorrow NIO will report its Earnings , and this may bring some volatility. Let’s see what’s going on here. First, NIO is failing in trading above the green line at $ 45.28, which was supposed to work as a support, and the 21 ema is flat, meaning the bull trend is weaker. This isn’t a reversal sign yet, and I see this as a natural...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how SPX is doing this Friday 13! In the hourly chart, I see that the index is moving sideways, inside a congestion . The 21 ema is flat, and we have the 3,581 as resistance, and the 3,511 as support. In theory, since SPX is coming from a bullish momentum, it should do an upward breakout, and defeat the green line for good....

Nathan_The_Finance_Hydra

Hello traders and investors! NIO is dropping today, let’s see what to do next. As we discussed in my last analysis, NIO has a support at the green line ($ 45.28), and now, the 21 ema is there to hold the price as well. The link to my previous analysis is below, as usual. At this point, the price attracts buyers, who are willing to buy near a support level, as...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s look at how NIO is doing today! It is in a very strong bull trend, and we have two important points now: First, the support at the black line (39.74), which is a quite strong price level, as NIO retested it twice, and it didn’t close under this line at any moment. Second, we have a resistance at the $ 45.28, the previous ...