Meta Platforms posted a new 52-week high last week, hitting $330.54. After that, it retreated lower, creating a potential setup for a double-top pattern. As a result, we are carefully watching the developments on the daily chart, with the main focus on RSI, which seems to have topped slightly below 70 points last week. In many instances, such behavior is...
Greetings, TradingView Family! This is Richard, also known as theSignalyst. BTC is currently hovering around a strong resistance zone and round number 28,000. 📈 For the bulls to remain in control, we need a break above 28,500. In this case, a bullish continuation till the 30,000 - 32,000 weekly resistance would be expected. 📉 Meanwhile, the bears can still...
The QQQ has been trading at the PCZ of this Bearish Shark for quite a while now and it has recently come back to make a 3rd Consecutive Lower High with Hidden Bearish Divergence on the RSI and looks to be ready to confirm it as a 3 Falling Peaks Pattern that I think would result in a major move down towards the 800 EMA or even lower down to the pre-2022 levels.
We are nearing a meaningful trigger on the daily at cost basis above. This is in confluence with our downtrend channel. Tomorrow We will utilize the PBS to take QQQ to 375.50 if our levels above are reclaimed. If we stop and chop the rest of the day BUT HOLD the daily floor as reference, then next week will be above CB and we are looking for the 380s. Otherwise,...
The S&P500 is looking to break back above the 4300 key level of resistance. Should it do this I expect the asset to rest to 4400 minimum and so will close the rest of my short, I do not expect to go long as of right now. The larger time frame still suggests that we are now in a downtrend, with the lower high and lower low - A third consecutive lower low would...
A bit unusual for me to try and make a idea about a specific stock, but here goes! Crowdstrike has always been a darling for me and I have been in-and-out of the stock a couple of times, but this time im in it for the long run! Clear upwards trend, with a nice couple of close support/resistance levels. The current one we are at now from 168-169. Should go...
We traded AMD for over 100% leveraged profits a few moths ago. After hitting both our targets it made its way back to support to give us another great opportunity with a perfect RR. Check out our older trade and it's perfection. This trade is less convincing than the last, however the stop loss level is clear as there would be no reason to hold the asset below...
The Nasdaq 100 (NAS100) is rising towards a pullback resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 14877.90 Why we like it: There is a pullback resistance that aligns with the 38.2% Fibonacci retracement level Stop Loss: 15132.35 Why we like it: There is a pullback resistance that aligns above the 61.8%...
looks good for a drop and continuation of the weakness 1200 points to go ... bears are in control for now. #LQQS 3X short is a vehicle that i own as a hedge to my long exposure on crypto
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Bitcoin has been overall bullish trading inside the rising channel in orange, and it is currently approaching the lower bound of the channel. Moreover, the zone 27,000 is a demand zone. 🏹 So the highlighted orange circle is a strong area to look for trend-following buy...
AAPL Tech Giant vs The World AAPL has had a rough couple of weeks so to speak. With Treasury yields, to their new iPhone 15 overheating issue, there is much to be said about how this will playout in the long run for AAPL stock. Tech giants 12 month price-to-earnings ratio fell to 27 from 34, but APPL is forecasted to reach higher earnings in Q4 and beyond....
We are at an interesting zone when it comes to AAPL. It's holding strong above the most relevant pivot low as you'll see in the chart. There is a chance that it can go up fro here so if you would like to long, I would place a stoploss elow the recent wick low. I would also manage my position size so the its a 1% risk on the trade it your stop was to hit. In the...
MSFT has been rejected from the top of the ascending channel and is looking to continue it's sell off to the golden pocket shown in the chart or the bottom of the channel. not shown on this chart but if you zoom into the 1hr TF or 4hr TF, you'll notice that it did perform a Swing failure pattern and it could move up from these levels but in the upcoming weeks i...
When taking a look at IBM, we an see that it has had an impressive climb over the past few weeks. This bullish climb is also printing a bearish reversal pattern. The rising wedge breaks out to the downside more than it breaks upward. With this being said and the price action approaching the end of the wedge, i would expect a drop from these levels to the next...
Spring Backtest of old support after FAKE breakdown. Along with three rising inverse valleys. This is a textbook play with a tight SL below the third valley and support.
when Gates and Buffet bought Actrivision for $68bn and $1bn for the latter that presented a bench for Gala and the rest of gaming projects Hero is both a device gadget machine = TECH that realizes BLACK MiRROR's concept of next generation social beings at $450M cap.. this is target for a take over or big funds to get volume before it catapults above UNICORN...
The NAsdaq-100 (NAs100) index is currently displaying a classic double top formation on the weekly timeframe, signaling a potential bearish reversal following a robust 7-month rally. This surge was primarily propelled by a select group of companies utilizing AI technology. A Double Top pattern, characterized by two almost equal peaks, serves as a bearish reversal...
smells like a double top walks like a double top #SMDH Goblin town given time is the destination.