Hello traders and investors! Let’s see what’s new on SPX, and since it is Friday, let's do a complete MTFA by studing all our main time frames (H,D and W). First, the hourly chart is inside a Descending Channel , and now it is struggling a lot to defeat its resistance at the upper purple line. Also, it has a clear pivot point at 3,466, and if triggered SPX...
Hello traders and investors! Let’s see what’s going on with Tesla. It almost hit the previous support at $ 406.05, and we see a good reaction in the hourly chart. It is quite hard to work against a black bar like the one we saw today morning, but Tesla is doing a decent job. Since it lost the purple trendline we discussed yesterday, the bull trend is starting...
Hello traders and investors! Let’s see how Tesla is doing today! Ok, the volatility increased a lot here, and this was already expected, due to its Earnings Release yesterday. But Tesla is trading above a support level, and we discussed in my previous analysis, any bullish reaction would be welcome here. Tesla hit the $ 442.50, which is a previous support, and...
Hello traders and investors! Let’s see how Tesla is doing today! Yesterday, Tesla hit our target, the 21 ema in the daily chart, which we discussed in the analysis I did on Friday (link below, as usual), and now is the time for a reaction. The hourly chart has a support level around the $ 425.40 (blue line), and Tesla is retesting it as well. Any reaction...
Hello traders and investors! Let’s see how Apple is doing today! It is resisting in a support zone (green line), which was a previous top, and now it is working as a support according to the Polarity Change . Also, it filled a Gap (blue area), and it may work as a support level as well. Any good reaction near this green line would be a very good sign . On...
Hello traders and investors! Tesla is pretty bearish now, as we expected, and it is very close to our current target. Let’s analyze it. Yes, Tesla officially lost its supports in the hourly chart, and it triggered a Pivot Point at $ 442.50 (pink line). Theoretically, it would seek further supports, like the $ 425.40 (blue line), but let’s keep in mind that...
Hello traders and investors! Let’s see how Tesla is doing now! The price is struggling a lot around its supports at the 21 ema and at the $ 448.78 , and the fight between buyers and sellers is quite intense now. The bullish momentum lost strength, and pullbacks are expected. As we discussed yesterday, if TSLA loses the supports mentioned above we’ll see some...
Hello traders and investors! Let’s see how Tesla is doing today! Let’s start our study looking at the hourly chart, as usual. Yep, the $ 461 did hold the price, as it was expected, because it is a clear resistance level, and now the bullish momentum is starting to get weaker, as we already discussed yesterday. If you missed my previous analysis, the link to it is...
Hello traders and investors! Let’s see what’s going on with Tesla today! It just hit our target at $ 461.88, which we have been discussing since the beginning of this month (check the link below to my 1st Oct. analysis), and it finally seems it is going to seek the All Time High at $ 502. The Cup and Handle chart pattern is doing a great job in pushing the...
Hello traders and investors! Let’s see how AMZN is doing today! The trend is clearly bullish , the 21 ema is going up, and it is above the yellow line, which was a previous resistance for the stock. Today is moving sideways, it seems a healthy time correction , letting the 21 ema to approach the price. It seems AMZN is resting a little before it fills the ...
Hello traders and investors! Let’s see how Tesla is doing today! First, it did break out from the green line , which we discussed in my last analysis, and now it is going to hit the $ 461.88, the previous resistance. Also, it already filled the gap (yellow area) at $ 446.40, and it is back on a bull trend . The 21 ema and the green line will work as...
Hello traders and investors! Tesla is still inside a consolidation, but is there anything else we can do right now? Let’s see. Recently, Tesla lost the support at $ 415 (red line), but the movement was just a quick reaction to fill the gap at $ 407 (blue area). Remember, gaps work as magnets , and the price found a support there. The 21 ema is flat, and...
Hello traders and investors! The SPX is going up today, and it is giving us some interesting signals! First, in the hourly chart, the idea of a H&S chart pattern was completely negated by this week’s movement. The pattern wasn’t triggered, but this reaction is an indicator that tells us that there are buyers in the area. Oh, and if you missed my last analysis,...
Hello traders and investors! Let’s see how AMZN is doing today! The stock hit our target at $ 3,133 (black line) as we discussed in my last analysis, on Sep. 25, after it triggered the pivot point at $ 3,066. Now, the price found support at the black line, and this is no surprise. When a resistance is defeated, it works as a support in the future, according to...
Hello traders and investors! Let’s see how Apple is doing today! The hourly chart suggests the formation of a H&S chart pattern, but it is losing strength as Apple is going up today, and as long as it keeps trading above the 21 ema, the trend will remain bullish in the short-term, and the next target to it is the $ 118.76. But if AAPL loses the 21 ema,...
Hello traders and investors! Let’s see how Tesla is doing today! Friday’s reaction was quite intense, but today Tesla is trading near its resistance, trying to breakout this Triangle chart pattern again. So far, it seems the stock lacks the strength to do so, and I would only believe in a better reaction if it trades again above the $ 433.60 (green line). By...
Hello traders and investors! Let’s see how SPX is doing today! Let's do a complete multi time frame analysis (MTFA) as usual, by looking at the hourly, daily and weekly charts! The hourly chart is showing some signs of weakness, and it seems it is doing a H&S chart pattern . I see the black line as the most important point right now, as it was the previous top,...
Hello traders and investors! As today is Friday, let’s do our complete Multi Time Frame Analysis (MTFA) on Tesla! We’ll look at the hourly, daily and weekly chart as usual. First, Tesla filled the blue gap today, meaning it wasn’t a Breakaway Gap after all, and now it lost all its short-term supports, namely the green/purple lines and the 21 ema (which is now...