trdnvestor

trdnvestor

Short term downside, needs to close inside the box and stay there to see it move up eventually..

trdnvestor

Bitcoin's bounce yesterday was good. Today's follow up was okay. But Bitcoin isn't out of woods until at least close above 36k. Must hold bottom of the box and stay inside box , ideally above 36k.

trdnvestor

Once TSLA close above 629, high probability it will test 665. Support levels as marked. Immediate support levels 621 and 610. Close below 602, upside move stalled.

trdnvestor

Next upside target is 383. Once it close above it, can zoom all the way to 438! Must hold 358 or at last 347 support levels. Close below 345, more downside.

trdnvestor

So far respecting trend line support. Would have liked to see close above 39300. Forming a base here. As long it HOLDS 30k AND trend line support, I think it's another 4-5 weeks before it makes move higher to 57k. This time estimate is based on experimental calculations based on how long it took to find bottom from 57k and how big the drop was.

trdnvestor

Held 30k support well so far. A close above 43600 is must to convince bulls. From there, it may start higher high and higher low sequence for upside move. Until then action is in 31k-40k range. Other resistance levels are 38k, 39300 and 40600. It may base here for couple of weeks, which is still better than breakdown to lower levels. Close below 33k red flag. If...

trdnvestor

For continued positive momentum, should hold 4208 overnight or at most 4190. Close below 4180 could mean deeper pullback till trend line support. Overhead trend line is possible resistance on its way to 4300 (target/resistance) there.

trdnvestor

Palentir tried to breakout on Friday. But close was weak. Now need to show bulls are in control. Close above 23.10 will likely take it to upside targets (resistances) at 26.30, 28 or 30. Support at trend line, 21.30, 20.90 and last 19.40. Close below 19.40 more downside.

trdnvestor

Clearly currently Bitcoin is under pressure. Trend line support is critical. Close below that more bearish. How it closes this week (tomorrow) will tell more about where it wants to go from here. Here are two scenarios out of many possibilities. Scenario 1: holds 30k low and consolidate between 33k-40k then resumes upward move once close above 42.5k Scenario...

trdnvestor

12.15 next resistance. Other support / resistances as marked.

trdnvestor

Here are potential resistance (target) and support levels on AMC chart. Next upside targets 24, 25.70. For breakout to hold, close above 21.30 today would be better. Pullback up to 20.60 is okay. Trend line support at 18.75. Close below 18.75, more downside.

trdnvestor

Next target 3150. Other support levels as marked.

trdnvestor

Next targets 45K and 47K. Support levels as marked.

trdnvestor

Doge is hurt. Must run above 0.375 to know it's healing. Close above 0.493 is needed to keep it out of danger. May take couple of weeks or is this doge strong? Close below 0.325 could mean testing 0.251 or even 0.17 levels. For now, wait and watch

trdnvestor

Just like Nasdaq, bulls of S&P 500 are also under pressure. It rejected 4185 first and then unable to close above 4169 level. Now must hold 4129 level. Close below 4113 red flag. Trend line last line for bulls to defend. Then upside target still 4221. This week may decide direction for S&P 500. A cautious bullish bias.

trdnvestor

If it can hold 146 level strong, possible scenario is, it will close this week above 203 and will test 247 level before end of the month. Close above 301, bulls are back in control. Why 146 should be a strong support? It's the high of June 22nd 2019 and also meets the trend line as drawn. Not a trade recommendation or advice.

trdnvestor

As been following Gold for over a month and notice that after every target it hits, it takes pause for week or more before moving higher. Once it moves past previous week high, looks like it is going to test 1864 level. Next immediate target would be 1875 if close above that much more higher move expected.

trdnvestor

QQQ Weekly chart looks still bit weak. Friday's action saved it from meltdown. Thursday's bounce from long term trend line (more evident on NQ Futures) was big saver. Going forward, QQQ needs to close above 332 to push bears to sideline. If close below 322.80, would be big red flag as it may start weeks of downside action. Must hold trend line support in any...