aparkon

aparkon Jul 15

AMD just reached a major resistance level and is expected to pull back toward the $135 area. While it may not signal a full trend reversal, a retracement from today’s high is likely. If the 7/15 candle forms a red shooting star, it would provide further confirmation. May the trend be with you.

aparkon Mar 27

Hi traders, There’s a high probability that MSTR will move lower from here. Friday’s session will determine its direction, as the weekly candle is forming a shooting star, but getting in early isn’t a bad idea. The BTC chart also looks bearish— the 0.618 Fib level from the previous high and low has been acting as resistance for several days. We need to watch...

aparkon Mar 27

Hello traders, Hope you’re doing well in this choppy market. I initially expected a squeeze after rebounding from the 5500 area, but that didn’t happen. Instead, the 200 SMA acted as resistance, forming a bear flag over the last few trading days. I expect a break below the bear flag support line, leading to a move toward the 5100 area. I’m not trading SPY...

aparkon Updated  Mar 10

Hello traders, TSLA crossed through two major support levels, S1 and S2, today but is now rebounding. Market volatility has been wild lately, so consider lowering your take-profit (TP) targets. I’d initially take profit around the $330 area, and if it holds, the next target would be $375. The chart looks strong, and we’ll likely see a gap up tomorrow.” Good...

aparkon Updated  Mar 4

Hi traders, All of a sudden, LCID has turned very bullish. I spotted a harmonic pattern in the LCID chart today after several days of weakness. The CEO stepping down isn’t necessarily bad for the stock, as Peter hasn’t really prioritized stakeholders. The chart is forming a beautiful Gartley pattern, signaling a bullish move from here. Good luck! My entry is...

aparkon Updated  Jan 28

Hello traders, I noticed a bullish signal on GEV, as well as across energy and chip stocks today. Yesterday’s market breakdown, caused by DeepSeek, led to panic selling and significantly impacted these sectors. However, the diversified AI model will likely expand the overall market opportunity, meaning energy companies aren’t necessarily facing decreased...

aparkon Jan 3

Hi traders, It looks like AMC has found a bottom and is poised for an upward move. While AMC’s fundamentals may not be as strong as before the rise of online streaming platforms, this giant movie monopoly isn’t entirely out of the game. Technical analysis suggests a bounce from current levels. My initial target is the $4.70 area, but we’ll need to watch momentum...

aparkon Updated  Dec 17, 2024

Hello traders, It’s time to take a look at UVXY again. Here are a few reasons why you might consider buying VIX for hedging or profit. Either way, it’s not a bad idea to allocate some funds: 1. Potential Yen-Carry Trade Unwind: There’s a strong possibility we’ll see another round of yen-carry trades unwinding as Japan prepares for another prime rate...

aparkon Dec 16, 2024

Hi Traders, I have a love-hate relationship with LCID. The company produces outstanding products with the best EV range in the market, but its stock price often fails to reflect its fundamentals. While it’s true the company is burning cash, the quality of its products remains top-notch. With the recent launch of Lucid Gravity, the stock has finally gained...

aparkon Updated  Nov 15, 2024

Hello traders, It appears that NVDA has reached its peak according to harmonic pattern analysis. The daily chart illustrates a beautiful butterfly pattern that could possibly signal a reversal from the $150 area. If it declines from here, we might see $90 in the first quarter of next year. Good luck, and may trends be with you.

aparkon Updated  Nov 15, 2024

Hello traders, GME is signaling strong upward potential on the chart. It just broke out of a long-term wedge and is showing a similar pattern to the one seen before its major rally in May. Will history repeat itself? Good luck everyone, may trend be with you.

aparkon Jul 23, 2024

Hi traders, I noticed a falling wedge pattern on the LCID chart today. Wait for the stock to reach the $3.20 area and monitor its movement. There is strong support at the $3.30-$3.20 level, so I expect it will bounce back. If not, we can sell if it falls below $3.10. This setup provides a good risk-reward ratio.

aparkon Updated  Mar 8, 2023

Hello trader, LCID presents a favorable technical setup for initiating a long position in the stock, as it is displaying a triple bottom/consolidation pattern following a significant increase in February. Additionally, the stop loss (SL) is positioned just below the demand zone. Expecting a parabolic pattern from here.

aparkon Updated  Feb 10, 2023

Hi traders, It appears that SMCI presents a favorable opportunity for shorts over the course of multiple days. reasons 1. $92-$95 is a huge selling area. 2. The presence of a Gravestone Doji candle in today's market suggests a potential short-selling opportunity. This pattern often indicates that the sellers have taken control of the trend during the...

aparkon Updated  Feb 9, 2023

Reason to buy : 1. Accumulation in the $5 - $6 area, it's been accumulating from $3. 2. Retracement stopped at the .38 level, which is still uptrend. 3. 200 SMA acted as a resistance on 01/27, but people accumulated more @ $5.40 - 5.50 area Reason to sell : 1. SL $5.30, it's a reasonable and tight stop but RR is good with this setup. *NOTE* **I see a...

aparkon Updated  Feb 11, 2021

S&P retested RSL for three consecutive days only to confirm there are many sellers in that area. Sell volume is increasing, creating daily doji candle, there is a good possibility that S&P will retrace back to 377 area. Technical reasonings: 1. RSL trendline retested, seller defended that area. 2. Red Doji candle on 02/10 after an uptrend, is a bearish...

aparkon Updated  Jan 29, 2021

Now AMC is a good long option... GL guys. May trend be with you. Target : $25

aparkon Updated  Jan 29, 2021

Hi all, NLKA is continuously making higher lows for a few weeks signalling possible institutional accumulation here. Attempt to spike over DTL1 failed on Jan 27, but buyers successfully accumulated at 50% fib level ( $23 area). There is a high potential that this stock will go above DTL 1 and retest it, and go above. This stock currently presents very...