I believe this was enough of a rally for Netflix and we should start seeing more selling pressure. 62% Fib along with a resistance zone makes me feel Netflix will be back at 400 soon.
I believe it is yet soon to declare myself bullish or bearish. However, I think we are at a major key level. This week (10/22-10/27) will be crucial. The positive is that in case of a strong green week with good volume, we will be absolutely ready to go bak to 460. On the other hand, a red week means we could see 400. We will need to be looking at it. Be...
Great liquidity grab and now let´s go for the gap fill... Calls @ 220 mid November.
You ever wondered what precision trading looks like? Never ever can anyone be sure of a trade, but what you can definitely control are risk-to-reward scenarios. TSLA @ 212 is something I have been asking for a while. Last clear pivot point from Friday 18 tells us there may be a bounce. Today, with the huge bearish power, price grabbed liquidity from stop losses...
Potential short opportunity on AMZN. September was a rough month and October´s uptrend was stopped right on the .5 fib along with a gap filled... Could see 120 in the future. Trade idea gets cancelled above 136. NASDAQ:AMZN
Great opportunity here. Price is at support with price action looking good. Coca-Cola will be back at 57 soon. Then we will need to see how strong it is to maybe reach 62s.This chart speaks by itself. Check the liquidity grab below 53. Trade idea gets canceled below 51.50. NYSE:KO
I ll tell you right now, AMD is set to rally. 102 is the starting point to go for the 130. Price bounced at the .705, grabbed liquidity below this 102 and now is retesting it. As soon as the short term downtrend is broken, it will fly. Trade idea is cancelled below 94.45. Sytay tuned! NASDAQ:AMD
CPI data came out on a good note. 6,5% is better than the 8.7% we were talking about a couple of months later. Are we on the path back to lower numbers or is a second wave coming? Who knows. Next weeks will decide if we can be out of the bear market or if we go on to lower lows.
Looking for a long entry at current levels. If resistance is broken we going for 60K. If support is broken, which I think is less likely due to the fact that we have that trendline since 2017, I am looking for 53k. Let´s see what happens.
If this is it.... OMG. Extremelly bullish here.
I believe there is a great risk-reward ratio to play a bounce on the 40EMA, with our stop loss below the 50EMA, looking for a bounce in it in case of a break of the 40.
We are seeing a correction to decompress technical indicators... it was up to the 21 EMA which coincided with the Fibo zone 38.2. Excellent. The price is going with a very steep bullish trendline that is going to break out at some point. As long as price keeps with it, let the party continue. Once it breaks? If it is Before March 15, the area to search is the one...
Good reaction in Fibo clusters. Near strong dynamic support, makes sense to get in now. First thought is seeing this in $247 in the near future and then going back to the $258 resistance. My stop loss goes with the dynamic trendline acting as a support. I am in!
Ok so this is a weekly frame. That means it may be a bomb. I am not playing it but I will keep on eye on it over the next weeks. Might be huge.
This is one of the most speculative stocks and strange chart I see in our market. Kind of consolidation around these levels. Who knows maybe we have a rally again. I guess it is not that bad of a play if we go with a tight stop loss on the 100 EMA. This might be a boom.
Chart speaks by itself. Accumulation in consolidation and rally. I cannot predict the future but either sooner or later NIO trades at $70. Stop: 50 EMA break. Target: $70. Long-term target: The moon :)