Stockmarkets
Elliott Wave View: Tesla (TSLA) Aiming for All-Time HighTSLA 30 minutes chart below shows that the stock has ended pullback from July 13 high in wave (4) at 1431.30 low. The correction unfolded as zig-zag Elliott Wave Structure. Wave A ended at 1450 low, wave B ended at 1612.87 high, and wave C ended at 1431.30 low. From there, the stock has resumed higher. Up from wave (4) low, wave 1 ended at 1594.56 high. The pullback in wave 2 ended at 1444.01 low. Currently wave 3 is in progress as the stock has broken above previous wave 1 high. Up from wave 2 low, the stock ended wave ((i)) at 1698 high. The internal subdivision of wave ((i)) unfolded as a 5 waves impulsive Elliott Wave Structure.
From wave 2 low, wave (i) ended at 1531.71 high. The dip in wave (ii) ended at 1469.26 low. Afterwards, the stock resumed higher in wave (iii), which ended at 1675.90 high. Wave (iv) pullback ended at 1657 low. The last push higher in wave (v) ended at 1698 high. This ended wave ((i)) in larger degree. From there, the stock did a pullback in wave ((ii)) which ended at 1553.90 low. Currently, wave ((iii)) of 3 has started. Wave (i) of ((iii)) ended at 1716.47 high and wave (ii) dip ended at 1656.24 low. While above 1431.30 low, expect dips in 3, 7, or 11 swings to find support for further upside. However, TSLA still needs to break above July 13 high to confirm that the next leg higher in wave (5) is already in progress.
The alternate count if TSLA fails to break above July 13 high is that wave (4) is not completed yet. The stock could have finished wave A of (4) as shown in the chart and currently wave B unfolded as an expanded flat structure, which ended at the last high. Afterwards, the stock could extend lower in wave C before ending wave (4) pullback and resume higher again.
60% OF MY CAPITAL IS IN THIS IKAN LUMBA-LUMBASound funny.. What kind of people would name it company Dolphin when it entire operation doesn't not involve selling any fish. Do you know? this company involved in hydraulic system? However, in DOLPHIN we TRUST . So i bought this stock using 60% of my capital in it, and i would risk it as long it not break support 0.115. Looking forward this stock break 0.14 and fly until 0.160. But beware of penny stock, know to buy and know when to exit.
Technical view of Visa stockHello every one .
The Visa share is moving in a short-term, sideway direction.
Between the levels of 202.44 and 185.6
With low volumes.
Therefore, it is important to monitor the level of 185.6 and maintain levels above it.
Because breaking it down the arrow will be negative.
Good luck
PLANTATION IS ON THE MOVE!!Do you guy read the news? That our FCPO market is creating all time high? Look how long Rsawit, Jtiasa and other plantation stock have been consolidate (sideway) and ready to fly. Today is a bit disappointed if anyone expecting plantation will fly. However Jtiasa today already give me more than enough. But just if you want to buy. BUY at this time, because im expecting this stock will break 0.620 and fly much higher. Refer my S&R.
NASDAQ 100 short term bearish patternafter recent growth in NASDAQ , price hit the fibonacci resistance and failed to break that level , and made engulfing candle and this is a reason why NASDAQ need some Correction , another reason is the pattern was happen before that i showed in (A) rectangle , same happen now in the (B) rectangle .
NASDAQ Divergence on the Daily chartTake a look at the divergence that happened in February 2020. Well that same divergence has happened once again in a similar scale so we can expect a similar type of sell off. Not to mention how overbought the Nasdaq is doing, many will take this as a sign to take their profits.
CHINA 50! ROCK OR BUST?The China 50 took off like a rocket, leaving behind the DJI and other country indices. This is the CN50's biggest rally in a year. State media agencies talked up the index promising a post-coronavirus boom. Then the China Securities Journal made similar promises.
This caused an almost 6% charge north in one day! However, there did not appear to be significant underlying volume - which is a bit worrying.
But volume isn't everything. I show two points on the chart that I think may be comparable. In technical terms the two recent weekly candles are the biggest since 2013. The momentum seen on lower time frames is ridiculous. In these situations a minor correction is expected (not predicted), followed by follow through. If you have enough 'bottle' and money to burn go for it, on a lower time frame.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
S&P500: Ascending Triangle on 4H.S&P500 made a (near) Double Top on the 4H chart marginally breaking the 3,240 Resistance but failing back below it quickly and is now consolidating (RSI = 58.904, MACD = 10.230, ADX = 31.641). We may have an Ascending Triangle in the making, which even though a break above 3,242 is possible (look at MACD), there are more bias to the downside, namely the 4H MA50 and MA200. The Support of the Ascending Triangle is at 3,115, which would make a perfect Higher Low on the (green) dominant trend-line.
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MAHANAGAR GAS 10 July 2020MAHANAGAR GAS 10 July 2020
SHORT-SELL MGL @ 988
We have given this order based on the derivatives and our self owner equations - yes we have made huge numbers today. Cheers Guys! You did well !
Great order @ perfect price and perfect entrance
Mahanagar gas levels are clearly explained in the picture.
Our analysis is based on 1 Hr charts and we believe 1 hour charts are a perfect tool for the daily trends and intraday analysis. Our support and resistancelevels are unlike others , we opt for hourly charts and technical analysis . Our analysis is based on levels , algorithms which we created , beyondtechnical analysis and mathematical equations and derivatives.
In the chart you can see the red and blue rounds. Clearly it shows the Supprt and resistance levels with accurate dynamics.
Sometimes we work on daily and weekly charts too for derivatives and fundamental analysis .
It’s a good idea to short sell at the current price as it’s averaging there.
Top resistance and Support is given clearly.
However average sell can be given at current price.
The lower highs and the lower lows give are also clearly explained and detailed for our intraday Analytics.
Our ideas and levels are our own created and out of our strong fundamental basic knowledge on trading and the self created analysis. That’s the reason we are highly accurate on forecasts we give.
Contact me for more analysis and recommendations.
Sunpharma 10 July 2020Sunpharma 10 July 2020
Sunpharma buy @ 490
We have given this signal with the trend on daily charts comparing the 1he candle chart trends since 1 month. Clearly a winner deal.
Book profits at good levels clients.
Sunpharma levels are clearly explained in the picture.
Our analysis is based on 1 Hr charts and we believe 1 hour charts are a perfect tool for the daily trends and intraday analysis. Our support and resistancelevels are unlike others , we opt for hourly charts and technical analysis . Our analysis is based on levels , algorithms which we created , beyondtechnical analysis and mathematical equations and derivatives.
In the chart you can see the red and blue rounds. Clearly it shows the Supprt and resistance levels with accurate dynamics.
Sometimes we work on daily and weekly charts too for derivatives and fundamental analysis .
It’s a good idea to short sell at the current price as it’s averaging there.
Top resistance and Support is given clearly.
However average sell can be given at current price.
The lower highs and the lower lows give are also clearly explained and detailed for our intraday Analytics.
Our ideas and levels are our own created and out of our strong fundamental basic knowledge on trading and the self created analysis. That’s the reason we are highly accurate on forecasts we give.
Contact me for more analysis and recommendations.
Banknifty 08 July 2020Banknifty 08 July 2020
BANKNIFTY CAN be BOUGHT NOW at 22835 TG 22950
Based on our Analytics and derivatives
Banknifty levels are clearly explained in the picture.
Our analysis is based on 1 Hr charts and we believe 1 hour charts are a perfect tool for the daily trends and intraday analysis. Our support and resistancelevels are unlike others , we opt for hourly charts and technical analysis . Our analysis is based on levels , algorithms which we created , beyondtechnical analysis and mathematical equations and derivatives.
In the chart you can see the red and blue rounds. Clearly it shows the Supprt and resistance levels with accurate dynamics.
Sometimes we work on daily and weekly charts too for derivatives and fundamental analysis .
It’s a good idea to short sell at the current price as it’s averaging there.
Top resistance and Support is given clearly.
However average sell can be given at current price.
The lower highs and the lower lows give are also clearly explained and detailed for our intraday Analytics.
Our ideas and levels are our own created and out of our strong fundamental basic knowledge on trading and the self created analysis. That’s the reason we are highly accurate on forecasts we give.
Contact me for more analysis and recommendations.
Elliott Wave View: AMZN Dips Should Continue to Find SupportAmazon (AMZN) 30 minutes chart below shows that the stock has ended the cycle from June 29 low. The rally in wave 1 unfolded as a 5 waves Impulse Elliott Wave structure. Up from 2630.28 low, wave ((i)) ended at 2696.80 high. Wave ((ii)) dip ended at 2665.47 low. The pair then extended higher in wave ((iii)), which ended at 2955.56 high. The internal subwave of wave ((iii)) also unfolded as 5 waves impulse Elliott Wave structure in lesser degree. Afterwards, the pullback in wave ((iv)) ended at 2871.10 low. From there, the pair pushed higher in wave ((v)), which ended at 3075.55 high. This final move completed wave 1 in higher degree and ended cycle from June 29 low.
The pair is currently doing a pullback in wave 2 to correct the cycle from June 23 low. The correction could unfold as a zig-zag structure. While above 2630.28 low, expect the dips to find support in 3,7, or 11 swings for more upside. The alternate count for AMZN would be that the stock has already ended wave (5) in its entirety instead of just wave 1 of (5). If this is the case, then the stock could have ended the cycle from March low. AMZN then could be doing a larger degree pullback to correct the cycle from March low before upside resume again.
BITCOIN SET FOR BULLRUN!!Hey there,
please like the post and follow me for more trading ideas.
Bitcoin has some clear structures forming on multiple timeframes.
We have a descending channel, indicating further upside once broken,
the declining trendline connecting the monthly highs, ranging back to 20k.
A possible falling wedge on the daily.
A 3-DAY 9 buy on the TD-Sequential
and consolidation after a bullmove, by correcting through time and not price.
All in all this looks bullish to me.
Of course btc is completely correlated with the stockmarket, like S&P500.
So we still have to depend on what stocks are doing.
Until then, take care.
Cheers,
Konrad
trend and news analysis of facebook stockin January , waterfall happened in facebook stock because of the pandemic , and price reached to the bottom of the long term channel
( yellow trend lines ) meanwhile the stimulus packages help market to recover the loss , a few days after the beginning of up trend , Hopes for reopening also began and help the bulls , until price reached to top of the channel and some breakout happened but the market trading with a low volume on these days and it couldn't fix above the channel ( yellow trend lines ), meanwhile this things happening on that moment the company made some mistake in its policies and some major companies stop (ban) their adds on facebook platform ( This may reduce the facebook earnings and revenue in future ) and second wave of corona start a bear trend . two scenario might happened in future :
1. price react to the green zone which is showed in picture and start a up trend or range trend for some moments ( range trend is more possible) .
2 . price breakout the support zone and head to a another support zone which is showed by red rectangle .
after all i think company are facing some major problem and it could have a direct effect on facbook stock .
WLLHere's the game plan Fam. If that bottom TL fails then all bets off otherwise if the bottom TL holds I will take a long scalp.
Elliott Wave View: Facebook Should See More UpsideFacebook (ticker: FB) shows a higher high sequence from June 15 low, favoring further upside. The 30 minutes chart update below shows that the stock ended wave 3 at 241.75 high. Afterwards, the stock did a pullback in wave 4. Wave ((a)) ended at 223.55 low and wave ((b)) bounce ended at 231.66 high. Facebook then extended lower in wave ((c)), which ended at 222.53 low. Up from that wave 4 low, Facebook resumed higher in wave ((i)) as 5 waves impulse Elliott Wave Structure. That rally in wave ((i)) ended at 238.46 high. From there, the stock did a pullback in wave ((ii)), which unfolded as a zig-zag Elliott Wave Structure. Wave (a) ended at 233 low and the bounce in wave (b) ended at 237.88 high. Facebook then declined lower to end wave (c) at 231.73 low.
The stock has resumed higher since. It has broken above the previous wave 3 high, confirming the next leg higher in wave 5 is already in progress. From wave ((ii)) low, the stock extended higher and ended wave i at 237.59 high. The pullback in wave ii ended at 232.15 low as a zigzag Elliott Wave Structure. From there, the stock resumed higher and ended wave iii at 240.83 high. Wave iv then unfolded as a triangle and ended at 238.75 low. The stock then pushed for another high in wave v, which ended wave (i) at 234.92 high. Wave ((ii)) pullback is currently in progress. Near term, while pullback stays above 231.73 low, expect the dips in 3,7, or 11 swings to find support and Facebook to continue to extend higher.