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Square SQ CallsCurrently Sq started a downward channel on September 19. It then continued in that channel until October 2, with a low of 63.95. This low was the head of the Inverted head and shoulder pattern. created on the dates of 10/1/24 , 10/2/24 and 10/3/24. The head and right shoulder was the beginning of the support of a secondary uptrend which is also trading in a channel. This Channel has now created the ascending triangle pattern and has lead us into a key area of 67.00. I think we have some nice potential to the upside after a pullback to the 9EMA on the hourly with a bullish candle pattern for a entry.
NYSE:SQLong
by HelloUs
CLSK Roadmap for EOY and 2025Hello Tradingview community! As always: If these patterns I'm showcasing doesn't work as predicted.. then please don't come crying to me (ty) -> NFA DYOR I think this honestly could be the "roadmap" for NASDAQ:CLSK My target for EOY is around 15-25 dollars and my target for 2025 (Q3-Q4 my top guess) around 45-80 dollars It does have potential/room enough to go down to: 7 dollar zone But the bottom could easily already be in (In my opinion) These are idea's and targets I'm watching that I wanted to share with the whole world - BTC miners needs some love here on Tradingview. Anyway, BOOST the post if you like it and follow for more! NFA DYOR <<<<----- EDIT: Sorry about the "fingers" they get weirdly located when I release the post..
NASDAQ:CLSK
by RandomTAdude
AMZN: TA for tomorrow (10/07/2024)Key Levels: Resistance Zones: 187.57: A significant resistance level that price has struggled to break above. A breakout above this could signal more bullish momentum. 186.61: A near-term resistance level where the price is currently consolidating. A break above this level could act as confirmation for more upside movement. Support Zones: 186.03: Immediate support just below the current price level, which is being tested. A break below could lead to further downside movement. 181.96: This is a more significant support level that held previously. If price moves downward, this level could act as the next major support. 180.93: Strong support at this level, with a recent bounce, suggesting buying pressure here. A break below could signal more weakness towards 179.40. Price Action: There was a sharp decline in AMZN’s price before stabilizing around 181-180 levels. The bounce from that area has brought it back toward resistance levels, but the upside momentum seems to be stalling. A descending trendline from the highs shows a longer-term bearish trend, although the price action over the past few sessions indicates a potential short-term recovery. The current consolidation around 186-187 suggests that the market is indecisive and waiting for a catalyst to break out of this range. Volume Analysis: There was a spike in volume during the recent downward move, followed by decreasing volume during the consolidation and small recovery. This could indicate weak buying pressure at higher prices. A volume spike during the test of 187.57 would be needed to break this level convincingly. Indicators: Oscillators indicating a possible divergence, suggesting weakening bullish momentum. Watch for any signs of bearish reversal patterns. Strategy for Tomorrow: Bullish Scenario: If AMZN breaks above 187.57 with strong volume, it could push higher towards 190 or beyond. The immediate resistance after that could be near 192-193. Bearish Scenario: If AMZN breaks below 186.03 or 181.96, it could move towards testing the lower support at 180.93. A breakdown here could trigger further selling pressure, with the next target near 179-177. Entry/Exit Points: Bullish Entry: If AMZN breaks above 187.57, consider entering a long position with a target of 190 or higher. Place a stop-loss just below 186.03 to manage risk. Bearish Entry: If AMZN breaks below 186.03 or 181.96, consider a short position with a target near 180 or lower. Use a stop-loss above 187.57 to limit risk. Watchlist: Breakout above 187.57: Watch for volume confirmation and price action above resistance. Breakdown below 181.96: Increased selling pressure may occur if this level is breached.
NASDAQ:AMZN
by BullBear-Insights
AAPL: TA for tomorrow trading (10/07/2024)Key Levels: Resistance Zones: 228.01: This level is acting as a strong resistance, as price has struggled to break above it during previous tests. 227.34: This is a short-term resistance level, which aligns with recent price rejection. The price will need to break and hold above this level to move higher. Support Zones: 225.67: This is an immediate support zone, where the price has previously bounced. 223.01: This is a significant lower support level that acted as a floor during the recent price action. A break below this level could signal a further downside move. Price Action: There’s a range-bound movement in the recent price action, indicated by the green rectangular box. The price has been consolidating within this range between 223.01 and 228.01, with no clear breakout in either direction. The formation of a potential rising wedge can be seen from the lows near 223 to the current price level. This could indicate a possible breakout or breakdown soon. Volume Analysis: There has been a noticeable increase in volume during the recent moves upwards, but the volume tapered off toward the upper range. This could suggest a lack of conviction in breaking resistance. If volume picks up near resistance at 228.01, this would be a key indicator of a possible breakout. Indicators: The chart shows oscillators moving sideways, indicating indecision and consolidation in the market. The next few candles will be crucial for determining a breakout or breakdown. Strategy for Tomorrow: Bullish Scenario: If AAPL breaks above 228.01 with strong volume, it could push higher towards 230 or beyond. The immediate resistance after that will likely be around 231-232. Bearish Scenario: If the price gets rejected at 228.01 or breaks below 225.67, it could move towards testing the 223.01 support level. A break below 223.01 could trigger more downside momentum, with a target near 220. Entry/Exit Points: Bullish Entry: If AAPL breaks above 228.01, consider entering a long position with a target of 230-231. Place a stop-loss below 227.34 to manage risk. Bearish Entry: If AAPL breaks below 225.67, a short position could be considered with a target of 223.01 or lower. Place a stop-loss above 227.34 to minimize risk. Watchlist: Breakout above 228.01: Look for strong volume confirmation. Breakdown below 223.01: Watch for selling pressure to increase.
NASDAQ:AAPL
by BullBear-Insights
2
NVDA: TA for tomorrow trading (10/07/2024)Key Levels: Resistance Zones: 127.66: This appears to be a significant resistance level based on past price action. The price is currently approaching this level, and it might act as a barrier for further upward movement. 125.17: Another key level where selling pressure could appear, based on previous consolidation and rejections. Support Zones: 122.85 - 122.45: These zones are crucial as they represent the immediate support level, where buyers previously stepped in. It’s important to see if the price holds here in case of a pullback. 114.70: This is a major support zone, and a break below this could signal further downside potential. Price Action: There’s an upward trend forming from the low around 114.70 to the current price, indicating bullish momentum. However, the upward channel shows the price nearing a resistance point, which might cause consolidation or a pullback. The recent breakout from a descending trendline suggests a potential continuation of the uptrend, but the price approaching 127.66 might see some rejection unless there’s strong buying volume. Volume Analysis: The volume spikes on upward movements indicate buyer interest, but recent candles show a bit of hesitation as the price nears resistance levels. Watch for a volume increase if it attempts to break through the 127.66 level for confirmation of bullish momentum. Indicators: The chart shows oscillating movement near the zero line, indicating a possible indecisive market. Watch for a clearer direction from the oscillators in the next session for a stronger signal. Strategy for Tomorrow: Bullish Scenario: If NVDA breaks above 127.66 with strong volume, this could be a signal for a continuation of the uptrend, with a potential target of around 130 or higher. Bearish Scenario: If NVDA fails to break the 127.66 resistance, look for a pullback to the 122.85 - 122.45 support zone. A break below this support may indicate further downside, possibly testing the 114.70 support again. Entry/Exit Points: Bullish Entry: On a confirmed breakout above 127.66, enter long with a stop-loss slightly below 125.17. Look for targets around 130. Bearish Entry: If price gets rejected at 127.66, a short position could be considered with a target around 122.85. Place a stop-loss above 127.66 to manage risk.
NASDAQ:NVDA
by BullBear-Insights
TSLA: TA for tomorrow trading (10/07/2024)Price Action Current Price: $249.89 Downtrend Channel: TSLA is trading within a downward channel, with the price near the upper boundary. This suggests the price could face resistance and pull back unless there’s a breakout. Support and Resistance Levels Immediate Resistance: $250.15: The price is currently testing this resistance level. A breakout above could indicate a reversal of the current downtrend. $259.93: A stronger resistance level where price action could stall, particularly if TSLA breaks out of the descending channel. Major Resistance: $264.87-$264.86: If price momentum continues upward, this is the next key level, marked by previous highs. Immediate Support: $240.66: Immediate support, which aligns with previous price consolidation zones. A break below this level could see more downside. $237.69: Stronger support where the price bounced previously. If this breaks, a deeper retracement could occur. Major Support: $223.54: This is a key level and the lowest support shown on your chart. If price action continues downward, this level could be tested. Entry and Exit Points For Long (Buy) Position: Entry: A break and hold above $250.15 would be a signal for a potential long position. Watch for volume and momentum confirmation before entering. Target: Next resistance levels around $259.93 or up to $264.87. Stop-Loss: Place a stop-loss below $240.66 in case of a breakdown. For Short (Sell) Position: Entry: If price action fails to break $250.15 and rejects from this resistance, consider entering a short position. Target: Watch for the price to fall back to the support levels at $240.66 and $237.69. Stop-Loss: Set a stop-loss above $250.50 to limit risks in case of a breakout. Trend & Direction Bearish Bias: Currently, the stock is trading within a descending channel, indicating that the overall trend is bearish. If the price remains within the channel, expect further downside or range-bound trading. Potential Reversal: However, a breakout above $250.15 could signal a trend reversal, allowing for a bullish move toward higher resistance levels. Indicators and Volume MACD: There’s no detailed view of the MACD, but based on the chart, watch for any bullish or bearish crossovers as a potential signal for trend direction. Volume: Volume is a key factor in confirming breakouts. If you see a high volume push through $250.15, that would strengthen a bullish case. Tomorrow’s action will likely depend on how TSLA handles the $250.15 resistance. A breakout above that level could indicate more upside, while failure to break could lead to a bearish continuation.
NASDAQ:TSLA
by BullBear-Insights
2
PLTR: TA for tomorrow (10/07/2024)Price Action Current Price: Around $39.92 Recent High: $40.29 – This is acting as immediate resistance. A breakout above this level could signal more upside potential. Volume: Volume has picked up as PLTR moved upward, suggesting strength in the recent uptrend. Support and Resistance Levels Immediate Resistance: $40.29 – A key level. If price holds and breaks above this, watch for continuation toward the next psychological resistance around $41.00. Immediate Support: $39.24 – This is a minor support level, close to the current price. If the price pulls back, this level could hold. Stronger Support: $37.63 – This is a significant support zone. If the price drops below $39.24, this level could see a bounce, given the recent consolidation and volume in this area. Major Support: $36.05 – This is a critical level. If price breaks below $37.63, watch for this zone for a strong reversal. Entry and Exit Points For Long (Buy) Position: Entry: If price breaks above $40.29 with strong volume, a potential entry can be taken for a quick scalp or short-term trade. Target: Next resistance level around $41.00-$41.50. Stop-Loss: A stop-loss can be placed just below $39.24 in case of a breakdown. For Short (Sell) Position: Entry: If price struggles to break $40.29 and reverses, a short position could be entered around $39.90-$40.00. Target: Price could drop to $39.24, and further to $37.63 if the support breaks. Stop-Loss: Set a stop-loss above $40.50. Direction The stock is currently in a strong uptrend, with higher highs and higher lows. However, it's approaching a resistance zone. If it can break above $40.29, we could see continued momentum. Otherwise, a pullback towards $39.24 or $37.63 is likely if resistance holds. If you're looking for a trend continuation, keep an eye on volume tomorrow at the open. A strong push with high volume above resistance would support a bullish bias.
NYSE:PLTR
by BullBear-Insights
NVDA Update Trading Strategy Analysis for NVDA Futures (1H Timeframe) Overall Setup: Timeframe: 1 Hour (1H) Trading Objective: Identify entry points, take profits, and trailing stop loss levels for a short-term trading strategy. Key Indicator: Using a combination of Algo Support/Resistance zones and Pivot Points (PP) to establish Entry, Stop Loss, and Take Profit targets. Risk Management and Trade Setup: Entry Point: The Entry is set at the 1H support level of 117.45. This is a high-probability bounce zone if the uptrend continues. This level also aligns with the Support from lower timeframes such as 15-minute and 30-minute charts, making it a strategic entry for a trend continuation. Stop Loss (SL): Stop Loss is set at the lower support level of 116, which is slightly below the Entry point to mitigate risk if the price does not follow the expected trend. Placing SL below support helps avoid premature stop-outs due to market noise. Trailing Stop Loss (TSL): The Trailing Stop Loss is initially set at 123.71. As the price moves up and reaches TP 1 or TP 2, the trailing stop will automatically adjust to lock in profits. Using a trailing stop allows the position to capture more gains if the trend extends further without exiting too early. Take Profit Structure: TP 1: 124.44 - This is the short-term take profit, representing a 7% - 10% profit target. TP 2: 127 - The intermediate-term goal, providing a 15% profit. TP 3: 133.14 - The final long-term take profit point, maximizing profit with a 20% target. Strategy Adjustment: If the price moves favorably and hits TP 1: Trailing Stop Loss should be moved up to the Entry point to ensure a risk-free trade. Maintain the position for a potential move to TP 2 or TP 3. If the price reverses and hits the Stop Loss: Consider closing the position entirely and reassessing the trend from higher timeframes (e.g., 4H or Daily). Timeframe Breakdown and Role in Strategy: 1H Timeframe: Used to establish key support/resistance zones, Entry, and Stop Loss points for short-term trading. 15-Minute Timeframe: Utilized to identify intraday fluctuations and confirm signals. 2-Minute to 5-Minute Timeframes: Focus on identifying candle wicks and fine-tuning entry points for quick scalping trades. Trend Analysis: Currently, NVDA is in a short-term uptrend with a strong resistance at 124.44. If it breaks through this level, the price could continue climbing towards the next targets at 127 and 133.14. Volume and trend indicators are also supporting this upward scenario. Important Considerations: Always adjust the Trailing Stop Loss as each TP is reached to ensure gains are protected. Monitor trading volume and volatility to fine-tune the strategy and react quickly to changes in market conditions. Weekly Timeframe Setup (Trailing Stop & TP Analysis): In the weekly setup (as seen in the shared chart), the Trailing Stop Loss acts as a key pivot to manage longer-term positions, with: Entry Point at the weekly support level. Stop Loss set slightly below the weekly wick. Trailing Stop Loss adjusted using mid-points of daily, weekly, and monthly resistance levels. Scalping Timeframe Explanation: For scalping strategies: 2-Minute Timeframe: Used for pinpointing candle wick levels over a 2-day, 5-hour range to identify micro-trends. 5-Minute Timeframe: Helps define support and resistance levels for the 15-minute timeframe and guides scalping entry points. 15-Minute to 30-Minute Timeframes: Used for higher precision entries, especially in choppy markets. This combination allows for quick scalping and precise short-term entries, making the strategy adaptable for both trending and ranging markets. Swing Trading Strategy Explanation: For swing trades: 15-Minute Timeframe: Date range set to 3 days, 8 hours, with a focus on establishing short-term support and resistance. 1-Hour Timeframe: A broader view with a 7-day, 4-hour range, used to capture intermediate trends. 2-Hour Timeframe: A 14-day view to align with larger support/resistance structures, ideal for position holding. 4-Hour Timeframe: Establishes a 28-day trend overview, aiding in long-hold decisions. Investment Strategy Overview: For long-term investments: Daily Timeframe: A pattern spanning 175 days helps identify major trend shifts. Weekly Timeframe: A pattern covering 840 days (approximately 2.5 years) provides a holistic view of major support/resistance and trend direction. 1-Hour and 2-Hour Timeframes: Serve as intraday wicks for entries and exits on longer timeframes. 4-Hour Timeframe: Support and resistance points for the weekly trend. Conclusion Using the outlined strategies and timeframe-specific setups, this approach can be tailored to various trading styles, whether it’s scalping, swing trading, or long-term investing. By aligning Stop Loss, Trailing Stop Loss, and Entry points with key support and resistance levels, traders can maximize profit potential while maintaining strong risk management.
NASDAQ:NVDA
by TWRTEAM
2
DAL looking bearish before earnings ...lets take a lookNever financial advice. Just offering perspective. On the weekly timeframe currently looking for some bearish confirmation going into this week. The previous all time highs were swept and DAL may be looking to offer a discount for investors. Currently price is resting on a bearish imbalance that looks encouraging for bears. Would like to see the bullish imbalance below current price get mitigated to further this thesis. The monthly outlook also has a bearish imbalance that it has reached but also is in the process of forming a bullish imbalance which would be lost if we close October below 43.26. Overall the structure is bullish but could see a swift or very slow move back in to bullish discount for a continuation up. Earnings are in 4 days. I'm more interested in a bearish short term move. The model would complete at 17.51.
NYSE:DALShort
by bwinvests