NASDAQ:TSLA Tesla is checking back on the neckline. There is potential to form the handle of the cup☕️. If that happens, I know where I am going to load. As of now, it looks like it is checking back on the neckline and is at a critical juncture. It all depends on how the earnings report (ER) plays out next week. It could either run from the neckline or start the handle formation. As always, I share my opinions and trades. I'm not suggesting anyone follow my trades. You do you.
Volume up , good pattern , strong fundament. I think we will see some gains ! Like if you agree
Weekly on it's final 5th wave, daily on it's final 5th, and 4 hour on still in it 2nd of 5 waves. Impulse wave 3 should start very soon.
Recent sell-off in AAPL has pushed the price below 20-Day, 50-Day and 100-Day and near to the 200 Day SMA which is at 216 $. If we look at the Upward channel for the APPL share price when the price fell below 200 Day SMA then it consolidates for a few weeks. With earnings next Thursday watch out for more volatility in the prices. If it closes below 216 then the next stop is 187 $.
Trading Fam, It’s been a bit slow recently so I thought I’d throw out a free alert just to keep you all in the game. We’re getting close to another run here soon. I know, it feels like I have been saying this for weeks. I have. Trading often involves extreme patience. In our case above, POLYX has given us not one but two green dots from my Dots and Blocks indicator inside the liquidity block. This gives me a special confidence that this coin is going to run soon. I would target that double-top at .435, take some off, and let the rest ride. Best of luck. Hey, if you do enter this trade and make some cash, be sure to come back here and let me know in the comments. I love it when my followers find profits. ✌️Stew
The GBPNZD pair, previously entrenched in a bearish trend, has exhibited signs of weakening downward momentum, marked by the emergence of bullish divergence. A decisive break above the prior lower high (LH) could signal a potential trend reversal, shifting the bias toward bullish territory. This view is further reinforced by the formation of a double-bottom pattern, a technical structure often indicative of exhaustion in selling pressure and a foundation for upward price action. Traders may monitor these developments for confirmation of a bullish reversal.
TSLA is stuck in a consolidation phase around $406 , with a key decision point ahead! ? ? What’s happening? The stock is hovering inside a tight range (orange zone) , struggling to break out. Momentum is cooling off, but a breakout could trigger the next big trend! ⚡ Scenarios to watch: ? Bullish: A breakout above $425 could open the door to $475+ – clear skies ahead! ? ? Bearish: If support fails, we might see a drop toward the $350-$375 zone. ? ? Eyes on the prize! Will bulls take charge, or is a deeper pullback coming? Let me know your thoughts in the comments! ?
NASDAQ:NVDA NASDAQ:NVDL No imposters here ?️♂️ Fakeout? Breakout? Retest? Higher Can you see the other pattern? ? Not financial advice
Business cycles repeat over and over again. Yet, many think it will be different this time, right? Not. SINCE 1948, 12 TIMES OUT OF 12 WE GOT RECESSIONS... ARE YOU TELLING ME THERE IS NO RECESSION... THAT WE WILL AVOID ONE TOTALLY?
IMO the uptrend that HES has been on since Biden was in office and gas prices skyrocketed has been exhausted and come to an end. I believe the overall downtrend starts with the potential lowering of gas prices due to Trump energy policies. The technical indicators noted on the chart strengthen my opinion. If you have a different view or opinion, please let me know. So Lets start. The uptrend started in the beginning of November 2020. Notice 3 shaded boxes on left. Chart pattern has double bottom RSI is oversold, bounces up, comes back but stays above 30 MACD line breaks above the zero line Notice the uptrend is sustained as price finds support when RSI would go into the 40-50 range (long yellow shaded rectangular box) The chart has a double top at the 161 area where RSI goes overbought comes back then holds below 70 signifying possible reversal. RSI keeps going down through the 40 RSI support level that held for 4 years. In that same time RSI goes below 40 MACD breaks below zero line. After the price bounces back, notice it finds resistance and a double top at the 151.6 area and the RSI holds between 50-60 (red shaded box) levels signifying resistance for a continued downtrend. NOTE HES has earnings on 1/29 which they have crushed this year. I dont see Dec being any different. I feel we get a pop where I will find an area to go short. SL will be above 162. I will have another entry below the blue trend line and or if it closes below 200 MA