This is very basic tutorials to look for signs when to enter a stock, what kind of candle formation to look at, which candle to avoid and basic use of Bollinger Bands to look for oversold and overbought conditions.
This is very simple tutorial for trend analysis. How to pick a stock which has more strength compare to other similar stocks especially in market sell off. Which stock has more chances to recover from the sell off. How to draw and verify trendlines.
Will touch 50k, then come down to 40k , consolidate and then move up to new highs.
It might break the trendline and go further down or can bouce from here and crawl along the trendline
Nasdaq has crossed the .38% fib extension level (dotted blue line) and has high probability that will reach .61% fib extension level (dotted red line) in coming days.
Overall Nasdaq look bullish. In short term it may come down back to the trendline it crossed yesterday and then consolidate and go back up again. This will also depend on Mega Cap stocks such as Apple & Amazon.
Once volatility settles down this stock might go to next level.
SPY is out of lower price range (yellow box) and now in the upper price range (blue box). It can still fail (after hitting solid blue line) but if it holds the lower end of blue box then most likely it will reach the upper range of blue box (somewhere close to solid red line). Right now SPY has broken the downtrend (orange dotted line) and also broke the...
TSLA is approaching upper Trendline. Scenario1: There may be some selling around that area and it may retreat back to 9D and 20D Moving Averages (not shown on map) and then bounce up again and break the upper trendline and reach all time high. This will also depend on the market conditions. Scenario2: Scenario 2 might be that 9D and 20D may not be strong enough...