SafofAllTrades

SafofAllTrades Updated 

Hi guys! This is an Update on Netflix (NFLX) on the 1 day chart. We are currently at risk of a trend change in the makings due to a breakdown of Major Support. This is a zoomed in look on the daily timeframe. But if you look at my previous idea below, notice the Uptrend Channel that Netflix has been following since June 2022. Todays candle is currently BELOW...

SafofAllTrades Updated 

Hi guys! With this years bullish activity, ive been on the hunt to find assets that are down 50%+ and with unignorable strong technical signs of bottoming that will pull in bullish activity. One that i have noticed to have some nice technical signs playing out in my opinion is UiPath,Inc (PATH). This analysis is on the 1 Week timeframe giving us Macro insights....

SafofAllTrades Updated 

Hi guys! This is a look into Monumental MACRO developments occuring in Nike stock market structure, some of which are happening for the 1st time in history. For this reason and in my opinion, its a very important time to keep eyes on Price action. The aim is to briefly go over what those developments are and what it may mean for NIKE's Current market trend....

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Hi guys! This is a Macro analysis into Shake Shack (SHAK). We will assess various developments occuring in the charts, shedding some light into whether we are in a bullish or bearish overall trend. The analysis is done on the 1 Week timeframe. When looking at the Price action of Shake Shack. We have recently been REJECTED from a Major Resistance Trendline (RED...

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Hi guys! This is a technical analysis on Etsy (ETSY) on the 3 Day timeframe, supporting a potential Support Bounce Play. We've come a long way from our recent Rejection off the "Major Resistance" Red Trendline. Moving below the 21 EMA (Purple line) Breaking Below our previous Support Trend line Turned Resistance Line (Black Horizontal line) To now come in...

SafofAllTrades Updated 

Hi guys! Welcome to an analysis on macro developments of Lyft (LYFT). With the markets doing what they've been doing this year, we have to ask, " Will the % gains come to stocks that are still many many % down from their tops"? Or are some stocks just doomed to fizzle out and take time to re-build/ grow? Well, if we are in a Bull market, which i personally think...

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Hi guys! So this is a Pure Technical Analysis on the Macro structure of Disney (DIS). Macro in that we are on the 1 Month timeframe so each candle is 1 Months worth of price action averaged in. Just note why i don't ever look at news to influence my trades. We got rejected from our highs in October 2021, Desantos bill signing that sparked the lawsuit stuff...

SafofAllTrades Updated 

HI guys, ive been following Shopify (SHOP), since its test of some important SUPPORT. This is a quick update from my previous idea. (Which you can find down below for more context) We've currently bounced extremely bullish off the SUPPORT level, heading towards a SUpport turned Resistance line associated with the UPTREND channel i identified. Normally when we...

SafofAllTrades Updated 

Hi guys. This is a MACRO Technical Analysis on Netflix (NFLX) on the 1 Week TImeframe. This week we have TESTED Support on the 21 EMA and the Support trendline of the UPTREND channel. Netflix is heavily supported not only by these 2 mentioned SUPPORT lines but also a 3rd Support, the black horizontal support line as well. Everytime we've touched the Support...

SafofAllTrades Updated 

Hi Guys! This is a Technical Analysis on Bitcoin (BTC) on the 3 Day Timeframe. We've attempted since April 2023 to try and break ABOVE the Resistance Trend Line From End of June to Mid July, we attempted to Re-test the Resistance trendline for couple weeks BUT Failed with a REJECTION. Which brought Price Action to test SUPPORT on the 21 EMA (Purple line),...

SafofAllTrades Updated 

Hi Guys! This is a Macro Technical Analysis on Shopify (SHOP) on the 1 Week Timeframe. Its to add to my previous analysis while keeping it brief and concise. Recently we Broke through and confirmed BELOW both the Uptrend Channel and the 21 EMA. Normally this spells TROUBLE, especially if we confirm BELOW 21 EMA, as this moving average normally holds SUPPORT...

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Hi Guys! This is a Technical Analysis on ARK Innovations ETF (ARKK) on the 1 Week Timeframe. Jumping right in: Our current Price action is currently bouncing off a Confluence of SUPPORT Test We tested this Confluence of Support area the prior 2 weeks. The Confluence involves: 1. 50 SMA 2. Support Line of the Uptrend Channel This would make an area to go...

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Hi, this is a Technical Analysis on Virgin Galactic (SPCE), it is viewed on the 1 Week timeframe. Our current candle is currently in the process of breaking out BELOW our UPSloping Support Trend Line, highlighted by the RED circle. Note: The candle closes, end of trading session on 7th of August, Monday. Meaning our current candle is not accurate, so we need...

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Hi Guys! This is a Technical Analysis on Tesla (TSLA) on the 3 Day Timeframe. So we are continuing the move on Target from our Rejection, our Downtrend held by the Resistance Trend Line. A break and confirm above the Resistance Trend Line will indicate a "Trend Change". Till then we are being pushed DOWN in track on hitting our Targets: 1. 0.618 FIB level,...

SafofAllTrades Updated 

Hi Guys! This is a Technical Analysis on Advanced Micro Device (AMD) on the 1 Week Timeframe. Previously i posted a chart on the Daily Timeframe, mentioning of a potential breakout to the upside. But it was short lived as a fakeout, and we are down 7ish% since then. To get an understanding of what went wrong, i decided to analyze the Weekly timeframe to get a...

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Hi Guys! This is a Technical Analysis on Beyond Meat (BYND) on the 3 Day Timeframe. Ive been following BYND for a long time, trying my best to scope out a BOTTOM. This is an UPDATE to my ongoing analysis. So check out my other charts below for more context. **Note: Our Current Candle has just begun today 08/14/23 and will close on 08/17/23 We were doing well...

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Hi guys this is a Technical Analysis on a Swing Trade opportunity for Micro Advanced Devices (AMD) on the 1 Day Timeframe. Crruently, we are in the process of breaking out of the Upper trend line of the Symmetrical Triangle. Notice how we are coinciding with the previous candles WICK. Now before taking any trades, make sure that the breakout is CONFIRMED. Which...

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Hi Guys! This is a Technical Analysis on Sprott Uranium Miners ETF (URNM) on the 1 Week Timeframe. We are currently in the process of BREAKING OUT of the Major Resistance Trend that started from November 2021. Just KEEP in MIND -> The candle closes end of the trading week. So if end of week we are still ABOVE the resistance line thats 50% of the work done for...