All eyes on $AMZN for split?$AMZN drops significantly after missing the ER a few weeks ago and it gets worse with the market pulling back, taking the amazon down below the 100MA. based on technical indicators; Amazon is in the oversold position and its almost safe to say its a buying opportunity for everyone. especially with the upcoming split in few days. the split will probably draw some attention to investors causing the stock to squeeze to push up. The squeeze to push even higher for the high of the day could be significant as the market attempts to bounce back after 5 days in a row being green, which might have created a bullish sentiment. now, in my bearish opinion based on technical indicators. AMZN is still looking bearish. the stock currently trending below the 100MA, indicating that the stock is still below the bullish side and might take a while to bounce above the bullish momentum. With that being said. here's my possible entry for momentum play or scalp play.
For scalp or day trade moves.
For calls; buy above 2320.46 and sell at 2380.46 or above
For puts, buy below 2291.82 and sell at 2274.46 or below
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if you swing calls, your next target is 2444.41
if you swing puts your next sell target is.. 2243.0
Welcome to this free technical analysis . ( mostly momentum play )
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Technicalindicators
Did BTC/USD begin a new trend? Or we are at a greater risk-zone?Not intended to be a piece of financial advice.
BTC positive reversal is likely to establish a new trend. It will be great to see it closing at about 32300 on Tuesday. The pair at a weekly close above 28700 is already a welcoming note.
Some swings may occur as some brutal hands might take some profits home against a 25ish bottom purchase made a week ago. If the profit-taking is significant, the indicator should flash Purple Arrow (Exit). I’ll be checking 15m swing to 1hr timeline, and then review 4hr and 8hr respectively.
Playing BTC in 15m Resolution - Fun to Win - Almost Every TimeNot a financial advise.
Relying simply on a well-thought-out set of indicators that signals over 75% accuracy in a given timeframe is much more rewarding than investing in a too cluttered and out-of-focus or emotionally manipulative TA. This is what I've learned a hard way. What about you?
I always wanted mental hygiene on my trading journey. I will be discussing here every bit of helpful scenario that saves time, energy, and mental stress for everyone eager to participate in the community.
SAVA Reversal Zone we broke our ascending bearish line on the daily chart , which show some strong buying pressure happing , we will confirm the continuation for the bull run if we hold above our current support above the 24$, and break our first resistant above the 28$, and 32$ is will be the breakout zone to the bullish trend .
if we didn't hold the 24$ support , the next dip will be above the 12$.
❌ More Losses in BITCOIN❓❓In my opinion, if Bitcoin can not reach above $ 29,650 and reach a price stabilization, it could continue to move down. Immediate support on the downside is near the $28,800 level.
The next major support is the $28,500 area.
A downside break and a close below the $28,500 support might start a MAJOR DECLINE! The price could drop towards the $27,500 level in the stated case.
Let me know what you think.
If you liked my idea, follow me for more.
$NVDA symphaty play from AMD?$NVDA almost took back its gains from the previous rally as the market switched its momentum to the sell side. the cause of the selloff was due to the bad earnings of two retail giants. ( $TGT and WMT ) as the heavy earnings pass through this week. market sympathy will be focused on two retailers like Applied Material and KOHLS. any missed earnings from these two companies could send out a bad sentiments on retail stocks. as for the technical aspect of NVDA, the stock just crossed the squeeze and the momentum is going on the down side and will continue to follow the market sentiment. this also applies on other chip stocks.
for my #strat strategy
For calls buy above 172.41 and sell at 181.12
For puts, buy below 166.83 and sell at 165.44 or below
Welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock might possibly go the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions on which stocks I should analyze, please leave a comment below.
If you enjoyed this analysis, I would appreciate it if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tuned for more.
My technical analysis is not to be regarded as investment advice. but for general informational purposes only.
24 minutes ago
Comment: This TA almost exactly what happened this morning. i didn't reach the buy target for puts but it does trap the bulls who swing their position yesterday.
❌ BTC Price Faces Hurdles ❌Hello!
Bitcoin now started making some of the mess in charts as there is a clear indication of any breakout, but a short-term upward movement is happening in a very corrective manner. Keep an eye on Bitcoin as it may dump at any time. The $32,000 mark will give some relief to the market.
Bitcoin is now trading above the $30,000 level and the 100 hourly simple moving average.
The first support is $ 29600 - $ 29,000, and the $ 27,000 area.
The next major resistance is near the $ 31,400 level. A clear move above the $ 30,300 and $ 31,400 resistance levels might start an increase in the coming sessions. The following key resistance could be near the $ 32,500 level, above which the price might rise to $ 34,000.
The MACD is now slowly gaining pace in the bullish zone.
The RSI for BTC/USD is now above the 50 level.
The current GBTC (Grayscale Bitcoin Trust Premium) has reached a new All-Time Low of -30.80%, meaning that the current interest shown in large BTC investment products has declined drastically and, for now, is showing no signs of a rebound; however, this remains an important market indicator.
GBP/CAD SHORT MOMENTUM POSITION ON DAILY TIME FRAMEThis is the position based on Edger trading system on daily time frame,
This setup is 1:1 RR, entry has to be done on the candle close, the entry can be refined by your own knowledge.
This is only for educational purpose and no financial advice.
SELL STOP ENTRY : 1.58663 STOP LOSS : 1.62010
TAKE PROFIT 25% : 1.57827
TAKE PROFIT 50% : 1.56990
TAKE PROFIT 75% : 1.56132
TAKE PROFIT 100% : 1.55316
FOLLOW RULES:
1. IF TAKE PROFIT 25% HITS, THEN MOVE THE STOP LOSS AT BREAK EVEN AND CLOSE 25% OF THE POSITION.
2. IF TAKE PROFIT 50% HITS, THEN MOVE THE STOP LOSS AT 25% TP LEVEL AND CLOSE 50% OF THE POSITION.
3. IF TAKE PROFIT 75% HITS, THEN MOVE THE STOP LOSS AT 50% TP LEVEL AND CLOSE 50% OF THE POSITION.
4. IF FULL TAKE PROFIT HITS, THEN CLOSE THE TRADE AND ENJOY.
ALSO, HIT LIKE, SHARE AND FOLLOW FOR MORE IDEAS. YOU CAN ALSO RAISE QUESTIONS ON TRADINGVIEW.
USD/CAD LONG MOMENTUM ON DAILY TIME FRAMEThis is the position based on Edger trading system on daily time frame,
This setup is 1:1 RR, entry has to be done on the candle close, the entry can be refined by your own knowledge.
This is only for educational purpose and no financial advice.
ENTRY : 1.29087 STOP LOSS : 1.27137
TAKE PROFIT 25% : 1.29574
TAKE PROFIT 50% : 1.30062
TAKE PROFIT 75% : 1.30549
TAKE PROFIT 100% : 1.31037
FOLLOW RULES:
1. IF TAKE PROFIT 25% HITS, THEN MOVE THE STOP LOSS AT BREAK EVEN AND CLOSE 25% OF THE POSITION.
2. IF TAKE PROFIT 50% HITS, THEN MOVE THE STOP LOSS AT 25% TP LEVEL AND CLOSE 50% OF THE POSITION.
3. IF TAKE PROFIT 75% HITS, THEN MOVE THE STOP LOSS AT 50% TP LEVEL AND CLOSE 50% OF THE POSITION.
4. IF FULL TAKE PROFIT HITS, THEN CLOSE THE TRADE AND ENJOY.
ALSO, HIT LIKE, SHARE AND FOLLOW FOR MORE IDEAS. YOU CAN ALSO RAISE QUESTIONS ON TRADINGVIEW.
Bitcoin against the SPX, overlayed with the NASDAQBitcoin against the SPX, overlayed with the NASDAQ
As shown in the analysis, we can clearly see the correlation of the NASDAQ CURRENCYCOM:US100 / NASDAQ:QQQ to the returns of Bitcoin.
When the QQQ/NASDAQ is in an uptrend, Bitcoin is in an uptrend.
I have purposely valued Bitcoin against the US500/SPX for 2 main reasons:
1) The US500/SPX is the benchmark we all need to beat.
2) The US dollar and other fiat currencies are being printed at an alarming rate and therefore we need a "stable" denominator for our analysis.
Using the BTC/SPX ratio, we can clearly see that bitcoin did not make a higher high in the Oct/Nov period, therefore signalling a slow down in the bullish momentum.
Using the Gaussian channel on the 5 day chart, we can clearly see the when an asset is below the channel, we are in a "Bearish" market and this is typically the best time to dollar cost average into the respective asset class.
We should look to the SPX and the QQQ for signs of a market recovery.
$CYNCyngn Inc., an autonomous vehicle (AV) technology company, develops autonomous driving software. The company is developing Enterprise Autonomy Suite, which consists of DriveMod, a modular industrial vehicle autonomous driving software; Cyngn Insight, a customer-facing tool suite for monitoring and managing AV fleets and aggregating/analyzing data; and Cyngn Evolve, an internal tool suite and infrastructure that facilitates artificial intelligence and machine learning training to enhance algorithms and models, and provides a simulation framework to ensure that data collected in the field can be applied to validating new releases. Cyngn Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.
BITCOIN - There is no sign of strengthBitcoin continues the dump, and there is no sign of strength yet from bulls. It is unable to hold the support of the $34,000 area. We might see more downward movement in the coming days.
The next strong support is the $32,500, and it has major support in the $28,500 - $30,000 area.
Be sure to use a tight stop loss in all of your trades.
USD/JPY LONG MOMENTUM ON DAILY TIME FRAMEThis is the position based on Edger trading system on daily time frame,
This setup is 1:1 RR, entry has to be done on the candle close, the entry can be refined by your own knowledge.
This is only for educational purpose and no financial advice.
BUY STOP ENTRY : 130.858 STOP LOSS : 126.952
TAKE PROFIT 25% : 131.834
TAKE PROFIT 50% : 132.810
TAKE PROFIT 75% : 133.786
TAKE PROFIT 100% : 134.764
FOLLOW RULES:
1. IF TAKE PROFIT 25% HITS, THEN MOVE THE STOP LOSS AT BREAK EVEN AND CLOSE 25% OF THE POSITION.
2. IF TAKE PROFIT 50% HITS, THEN MOVE THE STOP LOSS AT 25% TP LEVEL AND CLOSE 50% OF THE POSITION.
3. IF TAKE PROFIT 75% HITS, THEN MOVE THE STOP LOSS AT 50% TP LEVEL AND CLOSE 50% OF THE POSITION.
4. IF FULL TAKE PROFIT HITS, THEN CLOSE THE TRADE AND ENJOY.
ALSO, HIT LIKE, SHARE AND FOLLOW FOR MORE IDEAS. YOU CAN ALSO RAISE QUESTIONS ON TRADINGVIEW.
$COSMCosmos Holdings Inc. operates as a vertically integrated pharmaceutical company. It offers proprietary line of branded and generic pharmaceuticals, nutraceuticals, over-the-counter (OTC) medications, health care, baby products, medical devices, and other products through its distribution channels and e-commerce market place. The company identifies, acquires, develops, and commercializes products that enhance patients' lives and outcomes, as well as has distribution centers in Greece, and the United Kingdom; and warehousing facility. It serves wholesale pharmaceutical distributors and independent retail pharmacies. The company was formerly known as Prime Estates and Developments, Inc. and changed its name to Cosmos Holdings Inc. in November 2013. Cosmos Holdings Inc. was incorporated in 2009 and is based in Chicago, Illinois.
$TWTR consolidating.. to the up side?$TWTR rises after Elon musk bought a 9.2% of Twitter a few days ago and slowly pulls back, and the price consolidate for a few days. despite the 2 day selloff in the market especially in technology stocks, Twitter held up the price between $44-49 and close slightly higher before the market close last Friday.
From a technical perspective, there's a high possibility that twtr could break out next week if it continues to consolidate and if the market decides to bounce after last week's selloff. also, keep in mind that #TWTR earnings are coming up. so play cautiously. in my experience when the company has earnings announcement after market close. the stock usually rises when the stock misses the earning estimate and pulls back after-hours after the announcement. but when the stock has good earnings the stock sells off and rises after the announcement after the market closes. it also sometimes consolidates for the whole day before earning announcement after market close. but this is just my observation of every earnings announcement and I'm sure you notice this kind of movement before.
Below is my strategy for day trading or scalp play for TWTR
TWTR: Day trade or scalp target play: 04/25/22
Buy call above 49.43 sell at 50.70 or above.
Buy puts below 47.70 sell at 46.77 or below.
option open interest: ideal expiration date: 4/29/22 (risky) 5/06/22, 5/20/22, 6/17/22
Hello everyone,
Welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock might possibly going the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions on which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would appreciate it if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
Tk - Principle of PolarityNYSE:TK
Please correct me if I am wrong. I am just a beginner
What I see:
- 8-4-22 We broke out of a symmetrical triangle.
- The breakout occurred on above average volume.
- The breakout was followed by a small rally, up to the high of 19-1-22, TK then pulled back to a former resistance level near the breakout point, hopefully this former level will become support.
Today (21-4-22) and the following days will tell us if the Principle of Polarity is valid on this chart. What are your expectations for Teekay Corporation?
This is no financial advice.
$HD bearish continuation? $HD slowly plunges since the beginning of this year. not much negatives news besides the overall supply chain issues and inflations. but the most reason why it took a dive is the short sellers.
there's been high percentage of short seller since the beginning of this year making $HD to a bearish mode until now. but the percentage of short seller starts to fade about 21% since march. but we still don't know
how many institution finish their shorts positions. In my opinion this is a good buying opportunity for long since its sitting in support line at 299.00 after its long rally.
HD average move per day is $5.00-7.00 per day.
Below is my ideal entry for day trading or scalp play.
HD: Day trade or scalp target play: 04/19/22
Buy call above 303.36 sell at 305.20 or above.
Buy puts below 297.19 sell at 295.17 or below.
option open interest: ideal expiration date: 5/20/22 6/17/22 8/19/22
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes onlY
$HYMC Next Target PTs 3.25-3.75 and higherHycroft Mining Holding Corporation, together with its subsidiaries, operates as a gold and silver development company in the United States. The company holds interests in the Hycroft mine covering an area of approximately 70,671 acres located in the state of Nevada. As of December 31, 2021, its Hycroft mine had measured and indicated mineral resources of 9.6 million ounces of gold, and 446.0 million ounces of silver. Hycroft Mining Holding Corporation is headquartered in Winnemucca, Nevada.
AMC trend reversal confirmation we got rejected at 33.89$, we didn't hold our support above the 25$, and bear wear in control, now we want to confirm if we ready to reverse , which will be confirmed the moment we over come our resistant around the 20.90$, and hold 4h candle above it, other wise the bears momentum will continue too drive the price low, till near the 11$ support area, or above the 10 the psychological level .