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IREN's most important channel to watch!Hello Tradingview community! As always: If this pattern I'm showcasing doesn't work as predicted.. then please don't come crying to me (ty) -> NFA DYOR Alright the channel/chart explains itself as you can tell But here is my short description: This chart has been respected for 2 years now and still is - What targets do I have for EOY? Well anything from bearish 7ish to even bullish 25ish But my conservative target is 14-15 dollars EOY (NFA) BOOST and follow for more! NFA DYOR <<<-----
NASDAQ:IREN
by RandomTAdude
4
Apple Inc . NASDAQDear Traders, I hope you are having a good time. Apple Chart Analysis: After a period of upward movement and growth, it has now been 84 days since this stock has been unable to surpass its previous peak. This situation has arisen due to liquidity shortages. At first, we witnessed the breaking of the strong daily trend line, and despite the collection of liquidity from the block decisional, this stock has still failed to break through the ceiling. Ultimately, the second trend line, which I did not draw to avoid cluttering the chart, was broken, leading to a correction. Considering last week's pullback, as expected, the movement of this stock has begun to head downward, and we are seeing very strong confirmations in this regard. We will be waiting to buy again at the extreme order block, which will be the first buying target on this chart. I have constructed the chart in a simple and straightforward manner to facilitate easy use and benefit for you, my dear friends. Thank you, Fereydoon Bahrami "A retail trader in the Wall Street trading center (Forex)."
NASDAQ:AAPLShort
by fereydoon1199
BULLISH Gartley on $LCID? Price movement to the upside. Chinese stocks like NYSE:BABA have printed bullish gartley’s lately and reacted well. Chinese EV stocks in general are beaten down well one to the -80% to -90% range. Good indication for longs. Bullish forecast for the EV sector as the global warming narrative continues to drive all factors. NASDAQ:LCID will be making headlines in the coming days. Bullish gatleys are the strongest harmonic, marking a major shift in the market.
NASDAQ:LCIDLong
by cautiousRock3150
1
BUYS ON JD💡JD JD has broken out of its bearish channel, indicating a possible trend reversal. Coupled with its strong position in the e-commerce sector and the recent fiscal stimulus package in China, its growth potential appears reinforced. 1. Operational Solidity: JD stands out for its logistical control and innovation, consolidating itself as one of the giants of electronic commerce in China. 2. China Fiscal Package: The approved expansive measures seek to reactivate domestic demand, benefiting large e-commerce companies like JD. 3. Technical Opportunity: After breaking the bearish channel, there could be a short-term retracement, which would be a better entry opportunity for those interested. 4. Risks and Considerations: It is key to closely monitor the price behavior after the breakout and evaluate the economic context in China. This analysis does not constitute an investment recommendation.
NASDAQ:JDLong
by AnalisisDeBolsaDiario
payo are you gonna correct?after the great boom payo brought us some great profits. tbh i havent closed anything and i am still bullish on payo. payo accumulation and bingbongdingdong has been formed for 3 years as of this moment we are attempting to turn previous critical resistance into support. 2 scenerios according to wykoff theory. 1. correction then big money needs to defend its positions and at a reasonable price. fundementally that could be previous value area high (vah upper white line) because we need to create a new value range it would only make sense to turn vah to the new point of control (poc) or the new value area low (where price is traded the most e.g mid range val bottom area) another point to consider for the correction is the gap, so previous point of control to turn value area low or a sweep to that level would provide 4 things first it will close the gap and get rid of that imbalance. 2nd it will shake off weak hands and get rid of breakout traders when it grabs the single print 3rd it will provide a decent price for big money to enter at.. liquidity liquidity liqduidity. 4th provide the oprotunity for hedge shorting and basically thats more fuel to the upside when said shorts close. (so basically proffesionals get paid to pump the market for free) 2. leave everyone behind everyone whos waiting for the correction. that scenerio is less likely to anticipate, depends more on the company preformance and has less upside for big money that wants to accumulate low and provide big gains. i believe the first scenerio is more likely that the other one. the teal circles on the green lines are where i am looking to see reactions for swing fail patterns and adding to my positions luckily i already have an open position on payo for quite a while now, so im chilling.
NASDAQ:PAYOLong
by Captainobvious5454
im still bullishlast daily deviated from my trendline. to me that could be a swing fail and a shakeout to shake weak hands. reasons to consider: there is CPI data today and on 10/10 theres the tesla robot event a big fail could prove to be a priced in scenerio and the start of the nuke today with the following nuke tomorrow. for me i am a big believer of tesla so im bullish for me i may have another buy oprotunity on the vola vola today. as for the pattern in question we have a 48% on the cup depth 32% on the handle depth 44% on the parallel channel that is still part of the handle.. make of it what you will. i dont believe tesla will break out before the 10/10 but will swingfail the down level even (especially) on bullish cpi data (if anyone knows how hedge funds like to operate). there are bad lows at our current level and at 226 (which is also previous resistance) a sweep would be an amazing bullish retest that may or may not fail but the oprotunity is there and it all depends on how aggressive you'd like to trade or invest. Trendlines are current value ranges The upper teal drawings are potential double top that has formed and if we reject a potential double bottom (rsi will print an rsi div on 30 mins and may potentially swing up to the upper part of the channel causing an overbought on 4hours and daily) Vwap will confluence with the 100 daily ema that could potentially be a good entry but there's also the potential of the 150 and 200 bullish retest even though in my opinion that would ruin the cup and handle entirely although the liquidity idea would stay the same i'd be sad to see the pattern go. if we dont swing fail the bullish retest i will look to swing fail the lower trendline for another liquidity pool grab which is also the yearly value area poc. if all fails and we go bearish on tesla i will trade the consolation prize from valow to vahigh (a lower high and on the higher timeframe and a full rotation play) the bullish idea is if tesla preforms and the vah turns into the new poc/val and said new value range would be between current to 400-500 i hope i made enough sense and that my ideas are interesting for you. good luck to everyone.
NASDAQ:TSLALong
by Captainobvious5454
LONG GOOGLEGoogle, has been facing antitrust allegations from multiple parties and the share price has dropped from July peaks, by about 14%. There is an earnings date coming up on October 22nd. The stock is currently downward trending and will likely drift lower over the next week, presenting an opportunity to purchase Google stock at a lower price. The long term trend of google, as indicated by the trend line is still overwhelmingly on the rise, it is worthwhile watching the anti-trust case closely but it's doubtful this will present any significant challenge to the tech giant in the long run if you are willing to hold it even for 6 months. A thought to purchase at a discount could involve selling a cash secured put in order to earn premium on selling the put. In the case that you get exercised, you can purchase 100 shares and reduce your cost base at the same time. Risk to reward ratio seems solid on this idea.
NASDAQ:GOOGLong
by zize
AAPL for Tomorrow (10/08/2024)Price Action: Current Price: Around $223.06, with a recent low of $221.80. Recent Trend: The stock has been trending downward since the break below the upward channel, indicating selling pressure. Volume: Volume is relatively higher around the current price range, indicating strong interest in this level, possibly acting as support. Key Levels: Support: Immediate support at $221.80, which was today's low. Further support around $221.22 (tested recently). Resistance: Immediate resistance at $223.85 (current day's close). Higher resistance at $226.80 (former consolidation level) and $228.02 (top of the prior range). Indicators: MACD: Shows low momentum, hovering near the zero line. This indicates weak momentum and suggests a possible sideways movement or further bearishness if no bullish reversal emerges. Outlook for Tomorrow: Bearish Bias: Given the recent downward movement and break from the channel, AAPL may see further downside unless it holds the $221.80 support level. Potential Scenarios: If $221.80 holds, there could be a bounce back towards $223.85 or $226.80 as resistance. A breakdown below $221.80 might lead to testing the lower support levels near $221.22 or even lower. Trading Plan: For Bulls: Look for entries around $221.80 with targets at $223.85 or $226.80. A stop loss could be placed below $221.22. For Bears: Watch for a break below $221.80 to enter short, targeting $220 or lower. Stop loss could be above $223.85. Disclaimer: This analysis is based on historical data and current market trends. It does not constitute financial advice. Always conduct your own research and consider your risk tolerance before making any trading decisions.
NASDAQ:AAPL
by BullBear-Insights
AMZN Technical Analysis (10/8/2024)Current Price: ~$180.93 Resistance Levels: First Resistance: $182.00 – This level is the immediate resistance to watch, where AMZN might face rejection if there's low momentum. Second Resistance: $186.61 – A break above $182.00 could lead AMZN to test this level, especially if volume picks up. Third Resistance: $187.57 – A strong bullish move would target this level as a more extended upside. Support Levels: First Support: $180.65 – AMZN is hovering near this level. A break below could bring downside pressure. Second Support: $175.77 – If selling continues, this is the next support to watch for potential price stabilization. Trend & Pattern: AMZN is in a descending channel pattern, which typically indicates a bearish continuation unless there is a break to the upside. Price action shows consolidation near the lower channel, suggesting indecision or a potential breakdown if support fails. Volume: Volume appears relatively low, suggesting a lack of strong buying or selling interest. This can imply a wait-and-see approach by traders, so any spike in volume tomorrow could indicate the next direction. MACD Indicator: The MACD is showing slight bullish divergence, with the lines crossing close to zero. This could indicate a potential bounce from current levels if the support holds. Potential Trade Ideas: Bullish Scenario: If AMZN breaks above $182.00 with solid momentum, a long position could be considered, targeting $186.61 or $187.57 as upside targets. Bearish Scenario: A break below $180.65 could lead to a retest of lower support levels, such as $175.77. In this case, a short position may be an option with a stop above $182.00. This analysis is for educational purposes only and is not financial advice. Please do your own research before making any trading decisions.
NASDAQ:AMZN
by BullBear-Insights
META Technical Analysis (1-Hour Chart)Current Price: ~$582.80 Resistance Levels: First Resistance: $584.40 - This level is critical to watch for short-term rejection or breakout, as it aligns with the recent high. Second Resistance: $602.90 - If price action breaks through $584.40, META could test this level as an upside target. Support Levels: First Support: $581.18 - META is trading just above this level. If it holds, it could provide a solid base for a bounce. Second Support: $566.36 - A break below $581.18 could lead to a drop towards this level, especially if selling pressure increases. Third Support: $554.12 - Major support zone. If META falls below $566.36, expect a test here. Trend & Pattern: META seems to be in a rising wedge pattern, typically a bearish formation that could lead to a breakdown. The price action shows a pullback after hitting resistance, suggesting a potential retest of lower support levels. However, if the price breaks above the wedge's resistance line, it could invalidate the bearish pattern. MACD Indicator: The MACD appears to show a bearish crossover, which could signal further downside pressure in the near term. However, if it reverses near support, it could indicate a potential bounce. Volume: Volume appears to be decreasing slightly, which could either indicate consolidation or a pause before a bigger move. Pay attention to volume spikes tomorrow for clearer direction. Potential Trade Ideas: Bullish Scenario: If META holds above $581.18 and breaks above $584.40 with strong volume, consider a long position targeting $590.00 or higher, with a potential upside to $602.90 if momentum continues. Bearish Scenario: If META breaks below $581.18, consider a short position targeting the next support level at $566.36. A drop below $566 could signal further weakness down to $554.12. Make sure to keep an eye on volume and momentum tomorrow for clearer direction. This wedge pattern and key levels will be critical to watch. This analysis is for educational purposes only and is not financial advice. Please do your own research before making any trading decisions.
NASDAQ:META
by BullBear-Insights
TSLS for Tomorrow 10/8/2024Technical Analysis for TSLA Current Price: ~$241.70 Key Resistance Levels: First Resistance: $249.89 - This level aligns with recent selling pressure and previous highs. Second Resistance: $252.10 - A critical level that TSLA needs to break through to invalidate the downtrend. Third Resistance: $264.89 - Major resistance; a breakthrough here could push TSLA back toward recent highs. Key Support Levels: First Support: $237.91 - This level has been tested a few times recently and is providing short-term support. Second Support: $225.94 - Strong lower support based on previous lows. Trend: TSLA is currently in a downward channel. The price is consolidating near the lower trendline, which could indicate a potential bounce. However, a break below $237.91 could lead to more downside movement, targeting $225.94. Volume: Volume seems to have tapered off slightly in the last sessions, which may indicate that sellers are becoming exhausted. A spike in buying volume could signal a reversal. Indicators: Momentum oscillators are indicating a consolidation phase. Watch for a potential bullish divergence as the price approaches the lower trendline. Potential Trade Idea: Look for a potential bounce near $237.91 if volume picks up. Alternatively, a break below $237.91 could lead to a short opportunity down to $225.94. A break above $249.89 might lead to a rally towards $252.10 and beyond. This analysis is for educational purposes only and is not financial advice. Please do your own research before making any trading decisions.
NASDAQ:TSLA
by BullBear-Insights
NVDA For Tomorrow Trading 10/8/2024Key Levels: Resistance: The recent high at 130.63 is a critical resistance level to watch. Breaking this level could lead to further bullish momentum. Support: There are several support levels on the chart: The first support is at 128.10, where NVDA is currently hovering. A lower support zone is at 126.62, and below that, strong support is seen around 123.06 and 122.35. Trendline: NVDA is trending upwards, following the white ascending trendlines. As long as it respects this trend, NVDA could continue its upward move. A break below the lower trendline could signal a reversal, and 126.62 would be the key level to watch for downside potential. Volume: The recent increase in price has been accompanied by higher volume, which is a positive sign of bullish momentum. However, volume appears to be tapering off slightly, which could suggest potential consolidation or a pullback. Indicators: While not visible, based on the price action and consolidation around 128.10, the current momentum may slow down if it fails to break through resistance. Plan for Tomorrow: Bullish Scenario: If NVDA holds above 128.10 and breaks through 130.63, expect a continued move upwards, potentially testing higher resistance levels around 132.50-135.00. Bearish Scenario: A break below 126.62 could signal a deeper pullback toward 123.06, with the next support at 114.84. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any trading decisions.
NASDAQ:NVDA
by BullBear-Insights