Nathan_The_Finance_Hydra

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how Tesla is doing today! Tesla is following the good mood seen in the US stock market and is going up nicely. It defeated its resistances at the green line, and the purple line, which we discussed about yesterday, and now the next target is the $ 461 in the hourly chart. We may see pullbacks along the way, and this would...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s look at Google today! The hourly chart tells us that we are in a short-term bull trend, after GOOG did a double bottom pattern at the purple line. Now it is doing higher highs/lows , a characteristic of a bull trend. The black line at $ 1,476.10 was a pivotal point , and the previous resistance, which now is supposed to...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how Tesla is doing today! We still didn’t see a good breakout from any of the points we discussed yesterday, but it seems the green line is going to be defeated soon. The 21 ema is going up and should work as a support in case of a pullback. If Tesla loses the 21 ema, the red line would be the next target for the...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s study Apple today! In the short-term, AAPL is engaged in a bull trend, and right now is doing a time correction , meaning that it is moving sideways, just waiting for the 21 ema to hit the price. This is different from a pullback, which the price hits the 21 ema. Also, we might have a Breakaway Gap here, but it is too soon...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s study S&P 500 today! Yesterday SPX did what could be a Breakaway Gap , since it opened above the previous resistance, which is the black line at 3,323, and right now it is doing a pullback. The black line, which was a previous resistance, now works as a support, according to the Principle of Polarity in Technical Analysis....

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how Tesla is doing today! We have a short-term bull trend in the hourly chart, as the 21 ema is pointing up and it is trading above its supports, namely the red and blue lines, which are strong price levels for Tesla. For now, the green line at $ 428.08 is the next resistance to be defeated, and above this point, the...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see what’s going on with Tesla now! As we discussed last week, Tesla is now in bull territory, as it is trading above the $ 408 again (red line). The false breakout didn’t occur, and the idea of a Dead Cat Bounce is off the table, at least in the short-term. Now, the momentum is bullish, and as long it keeps doing higher...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how AMZN is performing today! In the hourly chart we have a Symmetrical Triangle , and it could do a breakout in any direction, so we need to work with some scenarios. A downwards breakout would lead AMZN to $ 2961 again, which seems to be an important price level, as it is a previous support , and is the same point...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how Tesla is behaving today! And since it is Friday, we'll do a complete Multi Time Frame Analysis on it. First, we may have something new on it: Tesla triggered a pivot point at $ 398. Now, Tesla hit its resistance at $ 408 as we thought it would in my previous analysis, and now it is struggling around this point, which...

Nathan_The_Finance_Hydra

Hello traders and investors! So, Tesla hit our target today! The $ 359 proved to be a strong support for the stock. Now, let’s see how to proceed. First, keep in mind that Tesla is still in a short-term bear trend , and the 21 ema, along with the previous supports, are going to work as resistances next. Right now, TSLA is struggling at its first resistance,...

Nathan_The_Finance_Hydra

Hello traders and investors! So, it seems the famous Battery Day was already priced after all. Now Tesla is dropping sharply, and this happens very often after hyped news in the stock market. I always orient my group to not buy anything solely on news. It could work very well, yes, but sometimes it doesn’t. We always must stick with the technique , and in the...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how AMD is doing today! The stock is engaged in a short-term bear trend, and it is doing what it seems to be a Falling Wedge chart pattern . The 21 ema is going down along with the price, and as long it keeps inside this wedge, the price will continue to move erratically. An upwards breakout could lead AMD at least to the...

Nathan_The_Finance_Hydra

Hello traders and investors! Battery Day is here , and so far, Tesla is doing nothing impressive. In fact, the bull trend just got weaker after it lost its purple trend line in the hourly chart. But maybe today’s event will bring something new! The situation still didn’t change, and we have two important points to keep in mind, which are these two red lines ....

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s see how Apple is doing today! First, AAPL is doing a pullback, as we’ve been warning here since the beginning of this month (links to previous AAPL analysis below) and the hourly chart is still very bearish. It lost the support around the pink line at $ 110, and now it is trading under the 21 ema, doing descending tops and...

Nathan_The_Finance_Hydra

Hello traders and investors! Ok, Tesla did a fantastic movement today! Let’s see what’s going on with it. First, the hourly chart suggests that Tesla just did a retest of one of its supports (red line around $ 408) and the price bounced up again above the purple trendline and above the 21 ema, and only if Tesla loses these two points the bull trend will get...

Nathan_The_Finance_Hydra

Hello traders and investors! Let’s do our weekly complete Multi Time Frame Analysis (MTFA) on Tesla today! We see a trendline in the hourly chart, which Tesla is respecting so far, indicating that it still is a short-term bull trend , and it is trading above the 21 ema, which is another good sign. Tesla must not lose this trendline, because the bull trend...

Nathan_The_Finance_Hydra

Hello traders and investors! As it is Friday, let’s do our usual Multi Time Frame Analysis (MTFA) and try to understand what’s going on with the market. Today the index is falling sharply, and it is losing its support around the red line. Also, it is triggering a bearish pivot , resuming the bear trend and making SPX seek further supports, which short sellers...

Nathan_The_Finance_Hydra

Hello traders and investors! Tesla is dropping again, but would this be the beginning of a further drop, or would be just a pullback to gather strength and then, resume the bullish momentum? Let’s see. Tesla is testing again its supports, and we can trace a purple trendline on the chart, which connects the previous bottoms. The red lines are pivot points , and...