Get started

ATH

AAPL: A new record high! And this is not surprising for us!Hello traders and investors! Let’s see how AAPL is doing today! As we expected, the Fibonacci’s Retracements held the price nicely, and the 61.8% was the last support for AAPL, before the bullish reaction. This is not a surprise for us, as we’ve been working with this scenario since our last study. However, the intensity of this movement is quite impressive. Today, we quickly touched the 21 ema, and now AAPL is simply flying, and we have no top sign, no bearish reaction, and the trend is 100% bullish. In the daily chart, AAPL triggered a pivot point , and it is doing a new record high today. Today’s candlestick is looking good, and now I would use the $ 151.68 as a guide. If we lose this point, we might see another pullback, probably to the 21 ema, but let’s not count on that. Now it is not the time to buy, as the time to buy was near the 61.8% retracement. Now is time to manage positions and maybe set stop-gains. Let’s wait for more signs on AAP. I’ll keep you guys informed about the next movements. Remember to follow me to keep in touch with my daily updates on stocks and indices. Have a good week!
NASDAQ:AAPL
by Nathan_The_Finance_Hydra
9
NVDA, Continuation of correction or making new ATH ?Is NVDA on the way to make a new ATH or correction still continues? We have to follow. NVDA is a beautiful example of different scenarios possibility! If we look at the chart (right side) we simply may consider that correction is completed at 0.382 Retracement of last rally with clear abc form of correction but, is this the only possible scenario? Of course NOT Flat corrections may mislead many traders. Being aware about flat corrections and its characteristics is necessary but not enough at all. Being realistic is a key. We have to consider all possible scenarios and control our emotions. Traders who are long from the last low may not want to see the other possible scenario. They certainly wish to see new ATH but it may takes some more time than they expect!. On the left side of the chart we can see the flat correction. In a flat correction wave (a) is a 3 leg wave. wave (b) typically goes above 0.618 Retracement and touches 0.786 and even goes higher to 0.88 Retracement . Then, when every one expect a new high it suddenly goes for a 5 leg down wave (c). Which scenario is going to happen? No one knows. We have to use some risk management tools to manage our risk . Of course opening a position at such conditions is gambling not trading. We always trade objectively and try to see all possible scenarios. Don't we?
NASDAQ:NVDAEducation
by SaeedSajedi
3
NAS100 0.618 + ATH ready 🦐NASDAQ on the 4 chart has tested perfectly the 0.618 Fibonacci level. The price is back below the daily structure at the previous all-time high and according to top Plancton's strategy if the price will break above we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
OANDA:NAS100USDLong
by InkyGrip
14
When to buy back into Cardano?Cardano has show great strengh in price since 20/21 july. Almost a gain of 148%! I didn't expect such a rise in price tough. Totally missed it cause i was more focused on other crypto's. It seems obvious that Cardano is working hard to strenthen there fundaments of their blockchain platform by making it more future proof. I understand that a lot of people want to buy in Cardano right now. However i woudn't recommed it for the short term. After every rapid rise of price, their comes a downside. Also Bitcoin has gained these days and is reaching important support levels. I people want to buy Cardano wait for the price to go down and try to enter at a lower price. In the chart i've highlighted three buy zones. The lower the buy-zone how bigger the chances of a big bounce to the upside will be. The first buy-zone is around $ 1.88. The second buy-zone is arond $1.6 because thats the support of the a previouw tradingrange which lasted almost 6 months... The third buy-zone is arond $ 1 - $ 1.12 which i think should be a no brainer for an entry. So ... I expect soms downside momentum of Cardano as the price has gained so much already. So a short position would be smarter in my opinion. Also Bitcoin is leaning towards important resistence which could lead to downside momentum for altcoin also. The buyzones indicated in the chart could help by finding a new entry after a retrancement in price of Cardano.
BINANCE:ADAUSDShort
by finaboyy
2
ADA ATH and now?We are 78% in profit since I published the first ADA chart on Aug.08. You can find a link to that idea below. ADA broke ATH and now we could see on 2hr chart that volume is decreasing which is an indicator that this move losing momentum, RSI going down, and looks like it wants to break down from this trendline formed. So maybe we could see some correction. The market is crazy about ADA and I don't expect it to be very deep. The expected target could be the previous high at 2,1979, if we break down from the previous ATH level... If break up from this ascending channel, we could see some parabolic action, but ADA is a big coin and there is a small chance for that... Congrats to my followers and to all that are long in ADA...
by PhilosophersStone
2
DIP ON STEALThis one will be a complete technical analysis. Starting point ->>> support lines 73.50$ - 72.64$ Stopploss - 75.40$ 1. Target - 81.05$ 2. Target Buying reasons -2 support lines 74.17$+73.50$ -daily: RSI oversold (30 area) + MACD tendencies for a countermovement Selling points -weekly+monthly MACD indicates sell down -weekly+ monthly RSI indicates selldown -under the SMAs (except for 400) The violet line shows the general uptrend from 2020 to March where we have a break-out (bearish). This shows us that it is unlikely to get ATH. Therefore, I wrote some easier achievable goals. So, first target has a risk reward ratio of 3.11 with +3.8% upside. Second has risk reward ratio of 8.6 with +10% upside, both with a 1.2% stoploss. The stopploss is based on a Fibonacci retracement.
NYSE:RIOLong
by Chrlstlan