EQNR Daily Chart ___ Looks like larger corrective W4 is in. Seeing some bearish divergence on the smaller degree, and could expect a pullback/rejection from upper TL.. Hope this helps!
Very interested in this one. Lots of people calling for upside, however I believe we are due for a retrace. Targeting $240 area as long as $281 high holds.
Not a name I really trade often, however I like the R/R down here. Big falling wedge into Fibonacci support, demand zone and TL support. Potential flat for W4 nearing completion.
Still channeling after it's monster earnings gap up. Seeing potential reversal off of demand here. However loss of crucial $426 area, we can see sub-400s fast.
One of the longest red streaks we've seen on this name in awhile.. due for a relief bounce soon. However, I can only count 3 waves down so far from the 9/5 high.
Close to filling the falling wedge to complete W4. Will be keeping my eyes on it around $96
$TSLA Very bullish on this name for the next couple weeks. Expecting $1000 quick, before a cool down and next leg higher. 📈$908 | $925, $950, $975, $1000 📉$865 | $850, $825, $800
$NVDA Upside is limited here imo. Expecting a hard rejection for a healthy retrace. Ideal area for bids in $230s. Overall weekly chart is still screaming bullish though. 📈$270 | $280, $290, $300 📉$270 (reject) | $260, $250, $240, $230
$MSFT Played upside on this one last week from $290 for a 10 point move. Expecting some cool down before the next leg higher. 📈$302 | $305, $310, $315 📉$288 | $285, $280, $275
$IWM Relative strength in small caps here. Broke above downtrend from ATH, looking for continuation. 📈$209.15 | $215, $220, $226 📉$204 | $200, $195, $190
$BAC Broke downtrend last week, let's see if we can find continuation this week. 📈$43.05 | $44, $45, $46 📉$42 | $41, $40, $38
$AMD Watching for strength above $115.50 to hit targets above at $120, $125, $130.
$TGT 1W Target is consolidating in a megaphone pattern and bounced off TL support. Looking for history to repeat itself and break above the micro resistance (red line) for a retest of the upper TL. Seeing some bullish divergence as well as the oscillators looking to flip bullish.
$TWTR 1D Looking for a relief bounce off of the bull flag support TL. Watch for 1 last leg down afterwards for a massive potential buying opportunity.
$TSM 1D Above $145, we can see continuation to $149-150 to complete wave 3.
$TSLA 1D Looking for more upside continuation this week. It is very important that we don't break below the low we have formed last week, otherwise we're in for a further correction.
$NVDA 1D May get a relief bounce early in the week, but ultimately looking for mid to low $240s to complete the correction.
Room to $235 above to complete wave 3 if we can clear the resistance TL.