CRYPTOCAP:BTC - On 9/10/23 - Currently at $25,694 Expected to move to around $21,500 before making the bullish move to upside - PT1 - $37,700 - PT2 - $48,100
SEED_ALEXDRAYM_SHORTINTEREST2:NQ is currently at 16496(on 01/07/24) is expected to retrace towards 16760 before continuing downward bearish expansion. T1 target - 15920. If the bearish momentum is aggressive, T2 - 15415.
Markets seems to have entered bearish trend and may continue for the rest of 2023 NYSE:ES - Current - 4385 (08/18) NYSE:ES - T1 - 3840 NYSE:ES - T2 - 3502 $NQ - Current - 14780 (08/18) $NQ - T1 - 11806 $NQ - T2 - 10484 Will have to see if this turns out true !
Are we heading downside for the rest of 2023 ! Markets seem to be heading to Oct 2022 lows
Are markets expected to go down for the rest of 2023 !!
$TSLA broke out of symmetrical triangle and is sitting at $690 high volume shelf resistance levels. High possibility of breakout to the upside. Once $700 barrier is broken, next PT levels at $735 and $762(fib)
ROKU is entering the buy zone and has a good probability to reverse the downtrend at around $421-$422. If the reversal occurs at 421, there is a setup for PMG #Strat
Is there a pullback coming on $ROKU..we will see. If W5 doesn't extend beyond 485 to higher highs we may see a pullback on ROKU to complete abc.
We may see a good probability of $NVDA to bounce at 720 and then going higher to 906 in pre-split run. If 720 support does not hold, next support is at 697 range.
We may see a good probability of $NVDA to bounce at 720 and then going higher to 906 in pre-split run. If 720 support does not hold, next support is at 697 range.
SPY (W), SPX (D), QQQ (W) - All display a breakdown to the downside on the rising wedge indicating a bearish sentiment.
AAPL currently is in the downward wedge indicating the bearish sentiment with the target price between 109 to 115 before it breaks to the upside.
GME hit $344 (W3) and retraced to $172 (W4) which was 61.8% retracement of W3 indicating that this is forming an expanding diagonal. GME is currently in W5 with a potential target of $500. This is invalidated if the price drops below $172. - Not an investment advice.
Looks like we are seeing the formation of Inverted CUP here on a 30min indicating a bearish trend. Heavy resistance between 690 to 710. TSLA has to go upwards of $714 to be bullish.
GME - formed an ascending scallop and has possibility to form a cup with a handle. Both are bullish patterns.
SPY (W), SPX (D), QQQ (W) - All display a breakdown to the downside on the rising wedge indicating a bearish sentiment. Tomorrow's (3/5) price action will confirm the trend.
$GME has a rare 3 bar inside bar on daily today. Price has recently retraced to 61.8% on the Fib from the recent highs of $187 and since then has been consolidating sideways with declining volume confirming bullish pattern. Will be interesting to see the price action from here. Also price currently is sitting on a nice volume shelf with selling pressure around $130.
RKT retraced from highs of 46 to around $29 which is at 61.8% Fib retracement and near the volume shelf. If this can sustain the selling pressure here and push upwards of $30, it may be a good entry for longs. If the selling pressure increases which looks like it is, we may see levels around $24.