TradeAlchemy

TradeAlchemy

UPST appeared on my screener as it emerged from the monthly rectangle channel. Target’s price is over $200.

TradeAlchemy

RECTANGLE PATTERN: NASDAQ:TSLA has been consolidating since 2020 with an upper resistance of 402, and lower support of 109, forming a rectangle channel. It popped up on my screener, but did not break out on monthly yet. Current Price: 359.90 Target: Aiming for 1400, calculated from the pattern. Stop Loss: Set below 250 to manage risk (based on weekly inv h/s

TradeAlchemy

INVERSE H/S PATTERN: NYSE:FLUT has formed an inverse head and shoulders pattern with a breakout, catching my attention on my Strength Screener. Current Price: 275 Target: Aiming for 549, calculated from the pattern. Stop Loss: Set below 220 to manage risk. The pattern and breakout suggest strong potential for upward movement. Keep an eye on volume...

TradeAlchemy

It is consolidating above key level (aka Alchemy Level). My first target is 0.38+ based on measured move.

TradeAlchemy Updated 

After the beautiful breakout earlier this month and the recent backtest of the range, I have set my sights on a target of 0.25. If we manage to surpass this level, we could potentially reach 0.41. As a huge fan of Elon Musk and his support for BINANCE:DOGEUSD , I would love to see it go even higher than our current target. For now, let's focus on taking it one...

TradeAlchemy

Apple’s stock ( NASDAQ:AAPL ) is currently trading within a specific range and has the potential to form a double top pattern. Although my bias is towards a downward trend, I advise against entering any trade until the stock breaks outside of the range or the valley of the double top pattern at 167.50. If it breaks out of the range, the potential target is at...

TradeAlchemy

TSLQ is an ETF that bets against Tesla ( NASDAQ:TSLA ) and has been trading within a certain range for nearly 10 months. It is worth keeping an eye on this ETF as it may potentially break out to the upside. Although I have invested in NASDAQ:TSLA shares, I would use NASDAQ:TSLQ as a hedge for my long-term portfolio. The pivot point outside of the range is...

TradeAlchemy Updated 

Exxon is currently one of the largest positions in my portfolio. My price target for this stock is 262, but I am also keeping a stop loss at 80. The stock has been consolidating since 2006, but it appears to be breaking out now. In my opinion, this is just the beginning of a potentially lucrative trend.

TradeAlchemy

This ticker popped up on my screener set based on strength. As long this break outside of the box, I am targeting $195 (1st target), $217 (2nd Target) I am keeping the stop loss @ today's low. Noticeable pattern: rectangle

TradeAlchemy

ABOUT NASDAQ:BIDU Baidu is a Chinese multinational technology company specializing in internet-related services and artificial intelligence. It was founded in January 2000 by Robin Li and Eric Xu and is headquartered in Beijing, China. Baidu is often referred to as "China's Google" because, like Google, it started as a search engine. However, it has since...

TradeAlchemy Updated 

$TSLA is approaching the previous neckline. I want to enter a short position via $TSLQ as it moves closer to the $190-192 range.

TradeAlchemy Updated 

$ES1! The wide range made it difficult for most to determine if we were bullish or bearish. Therefore, I am keeping this trade simple and plan to trade the reversion using the descending channel as my stop loss. Stop - closed outside of the channel. Target - bottom of the channel.

TradeAlchemy Updated 

$PINS Sympathy play off $META As long this is trading above the horizontal level, I am targeting $45 as an initial target.

TradeAlchemy Updated 

This ticker popped up on my screener set based on strength. As long price is above the downtrend formed with symmetrical triangle, target is $300. Noticeable pattern: symmetrical tri

TradeAlchemy Updated 

$AXP This ticker popped up on my screener set based on strength. As long price is above the swing high point created by the first low in a double bottom, target is $211. No trade at the moment as I wait for potential pullback to 165/166 zone. Noticeable pattern: double bottom

TradeAlchemy Updated 

$NVDA This ticker popped up on my screener set based on strength. As long this is trading outside/ above the range, I am targeting $275 as an initial target. I am keeping the stop loss tight below the 192.75 pivot high zone (neckline) Noticeable pattern: inverse head/ shoulder

TradeAlchemy

More information to be provided in future comments. I want to post this before closing. Average: $12.00

TradeAlchemy Updated 

I am looking for a potential break of the downtrend line. I am a bit early into this trade without waiting for proper confirmation (shame on me), so I must watch this closely and monitor for the potential downside. I am looking to see a retest of the previous pivot high, which coincides with Alchemy Level. Above that, I am predicting a nice squeeze to the first target.