Ok, let’s talk about a few points to keep in mind here. First, the Nasdaq did break the upper line we have been talking about, which is a sign of bullish strength. I didn’t buy though, as the RSI was showing an advanced breakdown yesterday, and you know that I already booked the profits from basically all my trades, so, buying QQQ wouldn’t make too much sense to...
Yes, after almost 10% gains this week, I’m completely out of NIO. Why did I sell it? It triggered my stop-gain at 38.40, which we talked about in my last analysis. Now I wish GL to who’s still here, but I’ll just wait for another chance to trade it. The 38.19 is a bearish pivot point, and if NIO breaks it, perhaps we’ll see a pullback! This pivot could be a...
Ok, traders! Tesla might do a double top here! If next week it breaks the 635, it might keep pushing up, but I’m not sure if this will happen. We have a small RSI divergence, but the 20ma is holding the price. Still, it is important to be careful here. You guys know that I booked about 90% of my trade, which I bought at 596, and I’m still holding some shares....
And we finish this week with 16% gains on PLTR! Not bad for a week! Now I sold it at the 24 area, as we already have been planning since last week. Why did I sell it? First, it hit the target, the previous resistance. Second, the RSI was too overbought in the first 30min candle, around 90. Third, it hit the target by doing a huge candlestick, and usually this...
Ok, traders, AAPL failed in closing the first candlestick above the 126, which was our condition to believe it could go up once again, and it hit our technical target at 124 and it is sitting right there now. It also filled a gap. If AAPL does anything good again, this could offer another chance to trade it, either long or short, but now, I see nothing worth my...
Ok traders, nothing changed too much since our last analysis, but we do have something new. In the 30min we have an advanced breakdown on Nasdaq100, but the price didn't confirm anything yet. The points are the same: the 13614 and 13734. We must see the index breaking one of these two points. Now, if it confirms the advanced breakdown, by breaking the 13614, the...
Tesla is doing great today! As you guys know, I still have a small position, after I booked my profits from our last trade, so, let's see how this one is doing. Right now, Tesla is above our target, but it feels like it still has some upside, but I'm not sure how much. The RSI is near 70 in the 30min, but we have an impressive candle in the last minutes of the...
Yes, NIO broke our target for good today, and I'm almost completely out of NIO (holding 1/4 of my position). Yes, we are supposed to sell at our targets, but I think it is worth to hold some NIO, and set a trailing stop-gain under 38.40. Now, it is impossible for us to lose any money, and we can just let NIO fly. If it doesn't, that's fine too. We'll look for...
Ok traders, AAPL broke the 126, and we have no good pattern around, but if tomorrow (or Monday), it closes a candle above the 126 again, this would confirm another long trade. The RSI is so oversold, that it is worth to consider this possibility. I'll keep the advanced breakout idea on the chart, as it still might work, but I'm not too excited about this...
Ok traders! PLTR didn't confirm the advanced breakdown we talked about yesterday, and today is flying again! Now the 22 was left behind, and it can even work as support next. For now, the $ 24 is the second target, but since it already broke our initial target, it is a good idea to sell something around 25 - 50% of the trade. The RSI tell that we are overbought...
Ok guys, our trade on TSLA was virtually perfect (technically speaking). You'll find the links to our last 2 analysis, when I pointed the trigger point (Friday) and the analysis we studied on Monday, if you need more details. But I'll summarize for you. First, Tesla broke the 592, the trigger point, and we had the confirmation of an advanced breakout on the RSI...
Ok, NIO is very close to our first target, but is it worth to hold it longer? There are some strategies we can use. First, since we do have a RSI divergence in the 30min chart, and NIO looks overbought, we could just book profits and call it a day. But, I believe if we book profits partially is a better strategy, because despite the possible correction ahead, NIO...
Ok, my dear traders, we have good and bad news. Let's start with the bad one. PLTR has what looks like an advanced breakdown, as the RSI is losing its support, while the price don't yet. Also, we are right at the 22, the most difficult price level for PLTR to break in the near future. Now, the good news. We have a bull trend, and PLTR is going up, after it...
Ok, the Nasdaq 100 hit our target at 13,700 today, as we expected, against all the bearish sentiment around! Several of our stocks hit their targets as well. But what's next for the index? The bollinger bands are pretty tight right now, and this means that the index could explode to any direction. Here's the situation: 1 - if it breaks the 13,614, the 13,400 is...
Yes, AAPL couldn't break the 127.90 again, and it is just moving sideways now. In theory, it could drop to the 126.08 and this could offer another chance to buy, if you missed the first point. Now it feels like AAPL has to rest a little bit, and let the bollinger bands get tighter. Although the 4h chart is not overbought, the 30min was a little, so this movement...
Ok, NIO did the correction to the 20ma as we expected. Now we have some important points to keep in mind. If NIO loses the 35.70 then it might fall more, peharps to the 34.77. But since this is a bull trend, we are not working with this idea yet, and I rather prefer to wait for more confirmation. But, in my opinion, NIO could accumulate more, and I'll be fine...
Yes, PLTR is sitting at the 20ma as we expected it would in our last analysis, and tomorrow we'll see if it'll fly again, or keep the correction! The bias is clearly bullish, and I think this movement is not done yet! Yes, it hit the 22 today, the target we've been aiming, but if you look at the 4h chart, there's still some upside left! The problem: The 22 is...
Ok, PLTR did a bullish harami today, just above the 20.80, and this confirms our main idea. Now PLTR is bullish again, and it is supposed to seek the 22 one more time. If PLTR will break this resistance we don’t know yet, but I’ll keep you guys informed about the next steps. Therefore, remember to follow me! Right now, we may see a correction, but the 21 is a...