TSLA ON A DEMAND ZONETSLA is clearly playing inside a bearish channel and we have witnessed a bullish reversal recently on the demand zone identified. If this level remains strong enough, we will see a potential continuation of the rally. Also on the lower timeframes, we see a bearish channel which indicates a bullish breakout.
Usstocks
Ford a Fake Dump- just for fun and training.
- i play some stocks when i am bored.
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Trading Parts
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Buy Zone : 9.50 ish
Rebuy Zone : 9.00$
Sell Zones : 14$ to 15$
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PS : Now it's week-end so wait for the GAP before entering any position.
Happy Tr4Ding !
AAPL → a double top?!hello guys...
apple broke the descending trendline and after that made double top!
however, the neckline has not broken yet!
if the yellow area breaks down we can expect a downward movement toward the blue area!
so the target will be 144$
___________________________
✓✓✓ always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
TSLA → Daily analysishello guys...
based on my previous analysis of #tesla:
the main trend in the daily time frame is bearish so far!
I believe the trendline of the pattern will be breakout after retesting the S&D!
meanwhile, the price made a head and shoulders pattern and broke it out! so in a shorter time frame the price will fill the gap to touch the target of the pattern, then we can expect another downward movement!
______________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
NVIDIA April 24Nvidia, do your own M M
Targeting Discount 50% fib ( 684 ) & 61.8 fib ( 615 )from LastLow 393 ~ HigherHigh 975
Buy plan, Purple
-Range 725 ~ 663
-Fomo : buy at 1st touch
-Safety but possible too late: buy at 2nd touch purple box or wait confirmation technical / news
try to get the Avg holding at 700 or under, as long as the price D1 closed bellow 787
Escape plan, Blue
-Avg Down, Range 628~600 to get Avg price under 690
-Cutloss / Partial sell : Nearest SBR base at 690
-2nd option, put into your Invest account, as long as the price W1 closed above 500, its still good for long term.
Target Plan, Green-Purple
-Head of HH range: 897~975
-To continue up trend , W1 need to closed above 975.
No retrace if the NVIDIA boosted by news. Otherwise Buy price Avg Up could be at 930.
And keep the Avg holding price under 833 when doing avg up
Mid April: Market pullbacks, inflation concerns; critical levelsIn April, the markets navigated a sluggish terrain, witnessing pullbacks from the record highs achieved in March for both the S&P 500 and the Dow. Meanwhile, the NASDAQ experienced a marginal dip, bolstered by specific technology stocks. Persistent concerns surrounding inflation lingered, exacerbated by the latest Consumer Price Index data revealing a 3.5% annual increase in March, with core inflation climbing to 3.8%. These figures, coupled with inflation data surpassing expectations, tempered anticipations for immediate interest-rate adjustments.
Our analysis pinpoints a notable development as the US stock market dipped below the critical 5141 level, meriting close observation. Signs suggest a potential further descent, potentially to close a gap, presenting a prospective opportunity for traders.
We recommend traders monitor these levels vigilantly for insights into market trajectory and potential trading prospects, particularly surrounding the 4982 gap level. This juncture could serve as a pivotal support or resistance zone, contingent upon price action and market sentiment. Diligently tracking these benchmarks can furnish invaluable guidance for making well-informed trading decisions amidst the current market landscape.
Technical Analysis of Nasdaq 100 Index in 1 Hour Time Frame(1) In hourly time frame, we can observe that the price was moving through a parallel channel in upward direction.
(2) From upside, 18,400 level is performing as a strong resistance and the price couldn’t sustain above this level.
(3) 17,800 level is an immediate support for the price as the price has taken support in here for multiple times.
(4) Recently with a gap down, price is currently trading below its trend line support level.
(5) There is a possible chance that the price again can come to its support zone and bounce back from here.
Riding the Waves with Affirm Holdings An Elliot Wave PerspectiveGreetings, fellow learners of the financial markets! Welcome to RK_Charts, and today, let's delve into an educational exploration of Affirm Holdings.
Technical Insight:
Affirm Holdings is currently trading near $36.70, showcasing an intriguing Elliott Wave pattern. Having successfully navigated through waves (1), (2), and (3), the stock now finds itself in the midst of the corrective phase, wave (4). Within this phase, wave C is on the verge of completion, having completed waves A and B.
Detailed Wave (4) Analysis:
Zooming in on wave C, the intricate journey unfolds with meticulous completion of waves ((i)), ((ii)), ((iii)), and ((iv)). As we stand on the precipice of the final leg which can show little new Low also possibly with Bullish Divergence, wave ((v)) beckons, potentially signaling an upcoming bullish move, So new Low can be an opportunity at lower levels.
Educational Purpose Only:
This analysis is presented solely for educational purposes. It is crucial to understand that market dynamics are multifaceted, and investing involves inherent risks. Always conduct thorough research, factor in personal risk tolerance, and consider seeking advice from financial professionals.
Invalidation Level:
In this educational context, an invalidation level is established at $30.65. This level serves as a precautionary measure, signaling a point at which the current analysis may no longer align with market movements. It's a reminder of the importance of risk management in any trading or investment decision.
Potential Target:
For those intrigued by market dynamics, consider the educational exercise of contemplating a long position in Affirm Holdings. The anticipated target of $52.50 aligns with the top of wave (3), illustrating a potential upward trajectory.
Conclusion:
In the realm of financial education, Affirm Holdings provides a captivating case study. Approach this analysis with a curiosity for learning, acknowledging the fluid nature of markets, and embracing the importance of risk-aware decision-making.
Happy learning
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
S&P500 Upward Trend Still Intact"The S&P index continues its upward trajectory, defying expectations of contraction. Despite occasional fluctuations, the overall trend remains resolutely upward. Investor confidence appears unwavering, bolstered by strong economic indicators and corporate performance. This sustained growth signals stability in the financial markets, encouraging continued investment activity. Analysts attribute this resilience to a combination of factors, including fiscal policies, technological advancements, and global market dynamics.
NASDAQ Aiming Higher: New Upward Rally Continues!NASDAQ maintains its upward trajectory, continuing its ascent in a new rally. With bullish momentum intact, the index remains focused on reaching higher levels. Investors are optimistic about the sustained growth potential, driving confidence in the NASDAQ's performance. As the rally persists, attention is keenly directed towards emerging opportunities and potential market developments. Amidst evolving market dynamics, the NASDAQ's resilience and upward momentum underscore its significance as a key benchmark for technology and growth-oriented stocks.
Elliott Wave Analysis of ATROAstronics Corporation, listed on NASDAQ under the ticker symbol ATRO, is currently undergoing a wave analysis based on the Elliott Wave Theory, focusing on the hourly timeframe.
Starting from November 2023, where the price was approximately $14, we began identifying the initial wave ((i)). The wave count progressed until the high in February 2024, reaching $20.35, which was labeled as wave ((iii)).
Currently, the stock is believed to be in wave ((iv)), which is expected to consist of three subdivisions: (w), (x), and (y). As of now, we are unfolding wave (y) within wave ((iv)). This wave (y) is further subdivided into wave a, wave b, and the ongoing wave c which can go still lower.
Once wave ((iv)) completes its formation, the expectation is for a rally to the upside, signaling the beginning of wave ((v)). This wave ((v)) has the potential to surpass the high of wave ((iii)), indicating a continuation of the bullish trend.
However, it's important to note that the validity of this wave count may be challenged if the price drops below the $16 level. This would invalidate the current wave count and necessitate a reevaluation of the analysis.
Traders and investors should exercise caution and consider risk management strategies when making decisions based on Elliott Wave Theory, as market movements may deviate from the expected patterns.
Please keep in mind that this analysis is based on historical price data and patterns, and actual market behavior may vary. Always conduct thorough research and analysis before making trading decisions.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
APPL INCApple Share Pullback Sparks Renewed Optimism for Future Gains
Description:
In the dynamic realm of financial markets, Apple Inc. (AAPL) has recently experienced a share price pullback, igniting both caution and excitement among investors. The recent downturn saw the stock price temporarily declining, triggering a wave of stop-loss orders. However, astute market observers are now contemplating a potential reversal in this trend, as historical patterns and fundamental indicators suggest the possibility of an upward trajectory in the near future.
The Apple share pullback, though unsettling for some, is a common occurrence in the ever-evolving landscape of stock trading. Markets are often subject to fluctuations driven by a multitude of factors, including macroeconomic conditions, industry trends, and investor sentiment. Such periodic declines can be interpreted as opportunities for shrewd investors who understand the company's underlying strengths and potential for growth.
As stop-loss orders were triggered during the recent pullback, some market participants may have been compelled to sell their Apple shares to limit potential losses. This mass selling could have contributed to the temporary decline in the stock price. However, seasoned investors are aware that market sentiment can sometimes overshadow a company's intrinsic value. Apple's robust product ecosystem, consistent innovation, and global brand recognition are formidable assets that have historically propelled its stock price to new heights.
Investor optimism is buoyed by historical precedence, as Apple has demonstrated resilience and the ability to rebound from similar setbacks in the past. Notably, the company has exhibited a history of recovering from pullbacks and establishing renewed momentum in its stock price. This pattern underscores the potential for a similar resurgence in the wake of the recent downturn.
Furthermore, fundamental indicators continue to paint a positive picture for Apple's future prospects. The company's strong financials, consistent revenue growth, and ongoing expansion into emerging markets contribute to a favorable outlook. As Apple continues to innovate across its diverse product portfolio, including smartphones, wearables, and services, the potential for increased revenue streams and sustained market dominance remains compelling.
In conclusion, while the recent Apple share pullback may have triggered stop-loss orders and temporarily dampened investor sentiment, it also presents an intriguing opportunity for those who recognize the company's underlying strengths. Historical patterns of recovery, coupled with robust fundamental indicators, suggest that Apple's stock price may be poised for an upward movement in the near future. As always, investors should exercise diligence, conduct thorough research, and consult with financial advisors before making any investment decisions
aapl → are you ready for a dump?!hello guys...
as you can see apple engulfed the last support and demand zone as a flip area!
on the other hand, made two QM patterns! we can consider it as QMC and QMR too!
those two blue areas are great for getting short positions!
target is 181.6 and 171.3.
______________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
GITLAB: Elliott Waves and Reversals potentialGreetings, fellow investors! In this technical analysis, we explore the Elliott Wave patterns shaping the landscape of GitLab (NASDAQ: GITLAB). As of the current evaluation, the stock is positioned at a critical juncture, poised for the completion of wave 4, with a nuanced focus on the unfolding wave ((c)).
Wave 4 Overview:
Having traversed through waves 1, 2, and 3, GitLab now stands on the verge of concluding wave 4. This corrective phase sees the completion of both wave ((a)) and ((b)), entering the final leg of wave ((c)). Within this intricate phase, wave (i), (ii), (iii), and (iv) have successfully played out, setting the stage for the imminent completion of wave (v) within ((c)).
Key Support Levels:
Equality Extension: After achieving the equality of wave ((a)), GitLab has approached the extremes, reaching 1.618% of wave ((a)) in wave ((c)).
EMA Confluence: Notably, the 55-56 zones present a significant confluence, housing both the EMA 50 on the weekly timeframe, along with the EMA 200 & 100 on the daily timeframe.
Internal Wave Counts: Further reinforcing this critical level, internal wave counts align, adding weight to the potential reversal zone.
Anticipated Reversal and Targets:
With the confluence of technical factors at the 55-56 zones, there's a compelling case for a bullish reversal. A reversal from this level could offer a promising swing buy trade, signaling a northward trajectory to complete wave 5. This anticipated wave 5 has the potential to surpass the high of wave 3, pegged at 78+ levels.
Invalidation and Risk Management:
To safeguard against potential downside risks, a close below 55 is established as the invalidation level. This serves as a prudent measure to reevaluate the analysis in case of unexpected market movements.
Wave 5 Insights:
Wave 5, known for its impulse and directional strength, often exhibits a final burst of buying or selling pressure. Traders should be vigilant for signs of divergence, volume spikes, or other confirmatory signals as wave 5 unfolds, enhancing decision-making precision.
Remember, the market is dynamic, and risk management is paramount. This analysis is not financial advice but aims to provide an educational perspective on GitLab's potential future movements.
Happy Learnings!
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.