QuickTradePro

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Neutral $BRK.B $319.78. BRK.B repeating the pattern from Nov 2020 and Mar 2021. Price action shows this time stock reached the target in shorter time span. Expect little more addition to stock price and then sideways trade action between $300 till $320 till next breakout pattern appears. Expect 20 SMA acting as support for this stock.

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Short $ARKK $84.42. Appears to heavy sell off. Downtrend will continue in my opinion. $ARKK walking on very fine line of support. Any further sell off below $85 area is not good for the $ARKK. Trading below all major moving averages. MACD turned negative recently. Current support level $85 area. If broken below then expect short target 1 is $73 area in coming...

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Short $AMD CMP $104.05. This one tried to bounce off of 200 SMA but failed. Today's big red candle is very big bearish sign that it will continue the downtrend. 20 and 50 SMA are nose diving on this one. It may hold $100 area but I am more inclined towards $90-$95 area support levels are more appropriate levels. Short Target 1 is $100 area. Short Target 2 is...

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Short $RIOT CMP $17.21. Bear flag. MACD turned bearish. 9 SMA rejection. This one tried to break above 50 SMA but failed. Short Target 1 is $13 area

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Short $NVDA CMP $220.50. It bounced off 200 SMA 3 times so far but that big red candle today looks like will push the stock price below 200 SMA quickly. Expecting it to reach Target 1 of $205-$210 area soon. If this level is breached then expect $175-$180 area next level of support. Moving averages are nose diving on this one. Short Target 1 is $205-$210 area....

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Short MELI CMP $1085.36. This one is clear downtrend. Appears to be double bottom pattern but price will continue to fall to $900 area as per analysis. Trading below all major moving averages. No signs of buyer stepping in. MACD turned negative recently. Short target of $900 area coming soon which is also 200 SMA level on weekly chart.

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Short $GRMN CMP $142.50. Clear downtrend. Support around $140 area. Trading below 200 SMA after heavy selling. 200SMA will act as strong resistance for stock price. Bulls, wait till price breaks above 200SMA with good volume. Bears, expect further downside. Target 1 $132 area. Target 2 $123 area.

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Short $BANKNIFTY CMP ₹37105.65. $BANKNIFTY resistance around ₹37500 area. It appears to be forming head and shoulder pattern. Right now formed top of left shoulder. Further downside could take the price to ₹35500 area to complete the pattern which is at 200 SMA. Head and shoulder short target ₹32400

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Short BTCUSDT CMP $41648. Bitcoin trading below all major moving averages. It's a clear downtrend. It appears that it has taken support at $41000 level. It's important to hold this support level otherwise it will soon see $36000 area. My short target 1 would be $36000 level area if $40500 level broken with volume. Resistance around $49000 area. Setup is invalid if...

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Short $TQQQ $144.07. Heavy sell off in named technology stocks pulling down $TQQQ. Downtrend will continue in my opinion. Trading below major 50 SMA support. Previous breakout level of $151 will act as resistance now. No support found till $137 area which is my target 1, followed by short target 2 of $129 area. $125-$130 are is also 50 SMA support on weekly chart.

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Short $TSLA $1026.96. $TSLA failed to break out last high of $1200 area. Price rejection at 50 SMA . Short target of $900 is in play now marked in red dashed line. Expect $1100 area to play resistance in coming days in case price bounced off of $900 area. Breaking support of $900 can take stock down to $750 area where it was trading before break out. Setup is...

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Short $TELL CMP $3.45. Broke the trendline support and 50 SMA with good volume. Currently it's testing 200 SMA. 200 SMA price area is generally known as good support for stock price. If the price bounce from 200 SMA level then price can get to $4 area otherwise downtrend continuation will take price to lower level of $2.70-$2.80 which can act as support. General...

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Short $NIO $29.30. Falling channel. Downtrend will continue in my opinion. Price was rejected at 200 SMA early December 2021. Made lower lows since then. Recently Tried to break above $34 area but failed to maintain the momentum. Soon will test $27 area for support. Any further sell off in this name, going to push the price down my short target of $22 area.

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Short ETH CMP $3093.52. Trading below all major moving averages. Thought it appears that it has taken support at $3100 level, IMHO downtrend will continue till my short target $2780 level area. Resistance around $3300 area. Setup is invalid if ETH jumps above $3600 level.

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Short SOXL CMP $59.74. Broke out from channel early Nov 2021. Recent price action broke price below 50 SMA with volume. Heading towards $55 area now which was recently tested. If downtrend continues then $55 may not be hold for long and will finally see $48 which happens to be 200 SMA price level as well.

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Short ROKU CMP $180.41. Price continue to fall for $ROKU. After my recent short target $205 area achieved, I think stock has more room to go down and is heading towards $160 area where it started it's major run. MACD turned negative and it's trading below all the major moving averages. Short target of $160 area in coming days. Various support and resistance are...

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Short $SBIN CMP ₹475.30. Falling channel pattern. Stock price recently broke 50 SMA with volume. It may retest 50 SMA but MACD is showing no signs of positive volume so it may not be successful. Lowers lows on day chart. Intermediate support ₹450 area. Short term target is 200 SMA which is ₹420 area.

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Short BTCUSDT CMP $47206. Trading below all major averages. Low volume. It needs to hold 200 SMA level to avoid further drop in price. Short Target $41000 area .