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Higherhighhigherlow

SWING IDEA - SUTLEJTEXNSE:SUTLEJTEX Stock has completed its Lower Low Formation and the new Higher High Higher Low is in play currently. MACD is also about to make a crossover, which could indicate a good momentum upward in the coming days/weeks. In addition, the stock has seems to be following the Trendline as marked. This could also start acting as Key Support in the coming weeks. If everything goes as per plan, we can see the stock crossing the next 2 S/R zones as mentioned in chart.
NSE:SUTLEJTEXLong
by thepranam
TOTAL M.CAP ANALYSIS! BULLISH RALLY AHEAD!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this TOTAL market cap update. TOTAL M.CAP looks promising here. Here are some reasons why I'm bullish: 1) Total M.cap is trading inside a rising channel in a 3-days time frame where it is forming HH and HL. After making a recent HL now it is ready to make a new HH. 2) It's breaking out from the falling wedge and looks like a retest is also done. After making a retest it gives the confirmation by making a green candle. 3) Holding above the purple line very accurately so far. 4) Holding the pink MA which is quite bullish. Invalidation level:- If any candle closes below pink MA. Previously when it loses this MA market dumps 40-50% What do you think about this? Do you think we might see a bullish rally in upcoming months or do you think that a big dump is coming soon? Share your views and ideas in the comment section. If you like this idea then do support it with like and follow. Thank You!
CRYPTOCAP:TOTALLong
by CoreCrypto1
SPX: Trading near its resistance! How to proceed?Hello traders and investors! Let’s see how the SPX is doing today! First, it is important to notice that we are in a bull trend. The index is doing higher highs/lows, it is above the 21 ema, and there’s nothing telling us that it will drop. We must keep an eye on some key points, though. The 21 ema is a support that it must not lose, in order to keep trending, and today’s low is another interesting point to keep in mind. By losing these supports, we might do a pullback in the daily chart: If the SPX drops, we have the 21 ema here to hold the price. We have other supports like the 4,465 and the 4,429, but I think the 21 ema is the most important one right now. Even if the index drops in the next few days, the bias would still be bullish, as we don’t see any mid-term bearish structure. For the index to reverse, it would be required a much stronger structure, and we don’t see this so far. Maybe the index found its top, but only time will tell. Remember to follow me to keep in touch with my daily updates on stocks and indices. Have a good weekend!
SP:SPX
by Nathan_The_Finance_Hydra
6
PLTR: Seeking the $ 27.47!Hello traders and investors! Let’s see how PLTR is doing today! Yes, it lost the purple trendline we talked about in our last study, it did the pullback as expected, and now we have a good reaction. We see that PLTR is resuming the bull trend, by doing higher highs/lows in the 1h chart, and it is above the 21 ema again. It seems the purple line is now a resistance for us, but that’s ok. Now, let’s see the daily chart: After our last analysis, PLTR just dropped to the 21 ema in the daily chart, and it did a fantastic reaction: A Piercing Line pattern. In fact, PLTR could’ve dropped all the way down to the purple line and the trend would still be bullish. The only thing that is not the best is the volume, which is still a little low. The bullish thesis we did build last week is still intact, and PLTR is still bullish. If you liked this analysis, remember to follow me to keep in touch with my daily updates. Have a good weekend!
P
by Nathan_The_Finance_Hydra
5
NIO: Hit our target again! What's next for us?Hello traders ands investors! NIO hit our target and it filled our gap at $ 40.83 . The link to my previous idea is below this post, as always. Now, what’s next for us? First, in the 1h chart, we see a clear bull trend. NIO is doing higher highs/lows , and the 21 ema is pointing up. Today we are above the resistance at the gap , indicating that it’ll seek other resistances. We have a minor resistance around $ 44.38, but the resistance at $ 46.36 is much more interesting to work with. In the daily chart, NIO is already above the 21 ema, and we don’t see the $ 44.38, but the $ 46.36 is a clear mid-term resistance for NI O. Since it is giving early signs of reversal, the chances that it’ll seek the next resistance are very good. The volume is also quite good, and NIO already did a bullish structure indicating a reversal, when it triggered the bullish pivot at $ 39.62. It seems NIO will reverse the trend and seek higher levels in the next few days/weeks. Let’s follow it closely. And if you liked the analysis, remember to follow me to keep in touch with my daily updates. Have a good week!
NYSE:NIO
by Nathan_The_Finance_Hydra
7
PLTR: Will it hit our target again? Let's see.Hello traders and investors! Let’s see how PLTR is doing today! We have many interesting key points to watch this week. First, in the 1h chart, the trend is 100% bullish . We have a sequence of higher highs/lows , and there’s nothing indicating that PLTR will drop. The 21 ema and the red line at $ 25.74 made a dual-support level , which PLTR must not lose. Otherwise, it’ll trigger a possible Head & Shoulders chart pattern , and this would delay our plans, but wouldn’t invalidate our bullish thesis. If PLTR triggers any bearish pattern, the 21 ema in the daily chart is the support for us: It wouldn’t be the end of the world. The volume is quite good, indicating that this is a healthy bull trend. We have some remote chances of a pullback, but the price is not confirming anything yet. So far, PLTR is just heading to our target at $ 27.47 . But now it is not the time to buy, as a good buy was around the $ 20s, when I bought it. Let’s see how it’ll behave when it hits there. If you liked this analysis, remember to follow me to keep in touch with my daily updates about stocks and indices! Have a good day!
P
by Nathan_The_Finance_Hydra
15
SPX: Key points for the week.Hello traders and investors! Let’s see how SPX is doing today. First, in the 1h chart, we had a false breakdown from the previous support at 4,449.50, as the index quickly recovered and filled the gap (so, it wasn’t a runaway gap, in the end). Once again, the index is above the 21 ema, and the movement seen in the past few hours ruins the possibility of a bullish structure. The black line at 4,437 could be a bearish pivot point, but it is too far, and the SPX is doing what seems to be a V-Shape recovery to the ATH again. In the daily chart, we have not a single bearish sign, and today’s “flash-crash” couldn’t even hit the 21 ema. Aside from the 21 ema, we have the black line at 4,393 and the purple trendline as supports for the price. As we discussed in today’s video, we have no lower highs/lows in any time frame, and the situation looks very bullish. However, it is still important to keep our eyes open to possible corrections/pullbacks, and watch the main key points on the index. Have a good week!
SP:SPX
by Nathan_The_Finance_Hydra
5
AAPL: New record high! Are you nervous about this?Hello traders and investors! Let’s see how AAPL is doing today! It’s been a while since my last analysis, so we have a lot to update! Yes, AAPL hit the All-Time High as we have been expecting since May, when everybody thought the world was going to end, and we are doing a record high today. We are above our target, but is there any reason to be worried here? Clearly, we are in a very strong bull trend , as the price is doing higher highs/lows , and there’s nothing telling me it’ll do a pullback. If it loses the red line at $ 147.45, it’ll probably retest the 21 ema or the purple trendline (pay attention to the if in this sentence). In the daily chart, we see no exhaustion signs as well . When it hit the ATH at the red line, it tried to do a pullback, but in the end, the movement couldn’t materialize, as it is trending too strongly. Now, I see no reason to sell or to worry about AAPL. Yes, if a clear reversal occurs in the 1h chart, by doing lower highs/lows, then probably we’ll see a pullback, maybe to the 21 ema in the daily chart. Again, this is a huge if. In my view, there are stocks much more attractive than AAPL right now, with better upside and that are already doing their pullbacks. AAPL is a good stock to hold, but not to trade at the moment. Just keep an eye on the points mentioned here. If this analysis helped you, remember to follow me for more updates on stocks and indices, and support this idea if I helped you. Thank you very much!
NASDAQ:AAPL
by Nathan_The_Finance_Hydra
6
NIO: Going to the $ 50s?Hello traders and investors! Let’s see how NIO is doing today! First, Nio is clearly in a bull trend , doing higher highs/lows , and I see no weakness signs around, but it seems it wants to correct a little. Pullbacks to the 21 ema are expected, and not to be feared. Now, let’s see the daily chart: If NIO closes above the $ 46.28 it’ll defeat another resistance, and the $ 50.40 is the next target. If it closes below $ 46.28, probably it’ll do a correction, we just don’t know if it’ll be a time correction (sideways movement) or price correction (pullback to the 21 ema). Here, we have no pullback or reversal sign around, but the $ 46.28 will be a key point for us in the short-term. The volume looks good, and NIO looks quite strong. Even if it corrects again to the 21 ema or to the $ 43.13, I still see it at $ 50.40, unless we see a clear reversal sign around, which is different from pullback sign. If you liked this analysis, remember to follow me to keep in touch with my daily studies, and support this idea if it helped you! Thank you very much!
NYSE:NIO
by Nathan_The_Finance_Hydra
9
TSLA: Keep your eyes at this Triple-Support zone!Hello traders and investors! Let’s talk about Tesla today! Ok, Tesla materialized the worst-case scenario we talked about in our last study ( link below this post), and now it is trying to bounce back, as expected. We discussed that this is as far as Tesla could go in the short-term, and now Tesla is almost triggering a bullish structure, or a pivot point , if you will. The black line at $ 685.10 is the key point here , and if Tesla defeats it, it’ll reverse the trend in the short-term. In this scenario, the gap at $ 733.70 is the next target to work with. What’s more, Tesla just dropped enough to fill one of its past gaps , as evidenced in the chart, which is also a support zone for the price. But it is not over yet! We have another interesting support, seen in the daily chart: The trend is still bullish in the daily chart, as we have higher highs/lows , and Tesla just hit the purple trendline again. This makes the zone around the red line a Triple-Support Zone , and it won’t be easy for Tesla to lose it. The volume is another nice thing to look at. After our Ignition Bar , on Friday (which was denied thanks to the recent drop), Tesla has been dropping with low volume. The fact that we have low volume, and the stock is dropping/moving sideways indicates that there are no true sell pressure around. If there were any pressure, the volume would be higher. Meanwhile, let’s wait for any bullish confirmation on Tesla. If you liked this analysis, remember to follow me to keep in touch with my daily studies, and please, support this idea if it helped you! Thank you very much!
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
9
SPX: Targets and Key Points to keep in mind!Hello traders and investors! Let’s see how the SPX is doing today! The index is dropping a lot, but maybe it is not the end of the world ( at least not yet ). The thing is, in the 1h chart the index did a breakaway gap , breaking the previous support level at the red line. This usually indicates a strong movement ahead, and the next target is the 4,119 area, which is the next support. The daily chart will offer us more clues: The trend is still clearly bullish in the daily chart, and we have no reversal sign ahead. The recent drop is just a pullback, as far as we can assume. We only have higher highs/lows, not lower highs/lows. What’s more, the index just retested its 21 ema in the daily chart, and it is bouncing back up already. A retest of the 4,119 is still plausible, but any good reaction around this support level would be welcome for the index, and could resume the trend in the mid-term. But we have no bullish signal yet, so, we must be careful. If you liked this analysis remember to follow me to keep in touch with my daily updates, and please, support this idea if it helped you! Thank you very much.
SP:SPX
by Nathan_The_Finance_Hydra
2
PLTR: Is it ready to fly?Hello trader and investors! Let’s talk about PLTR today! As we thought, in our previous analysis last week, the stock gave us a nice exhaustion sign of the sell pressure. We identified this movement only reading the candlesticks and the volume . As a Price Action trader, I don’t need to use any indicators, and if you are curious, the link to our last analysis is below this idea, as usual. But what about now? The stock is clearly in a bull trend after the false breakout from the $ 22.06 (another thing we discussed in our previous study), and it is doing higher highs/lows. It had a pivot point at $ 23.50, which now is supposed to work as a support, along with the 21 ema, which is pointing up, another sign that we are in a bull trend, at least in the short-term. Let’s see the daily chart for more clues: The stock is still in a congestion in the daily chart, moving sideways since February. This is annoying, but on the bright side, it is not a bear trend anymore. The stock has a floor around the $ 20.18 (red line), and a purple trendline connecting the past three bottoms. This makes the situation hard for the bears, as if they want the stock to drop, they will need to defeat these points. Although it is near a support level, we don’t have a clear bullish structure , like higher highs/lows. In addition, the volume must increase too in order to PLTR break this mid-term congestion. These two signs tell me that now it is not the time for PLTR to fly, but soon it’ll. It just needs to mature its movements a little bit longer. Maybe next week, when we talk about it again, we’ll see something new. Meanwhile, remember to follow me to keep in touch with my daily updates, and if you liked this idea, then please, support it! Thank you very much!
P
by Nathan_The_Finance_Hydra
13
NIO: The beginning of a reversal?Hello traders and investors! Let’s see how NIO is doing today! In the 1h chart we have a clear bull trend , as NIO is already doing higher highs/lows . This is a good start but is doing even more reversal signs. The $ 37.54 was a pivot point , and it was broken today, and it is trading above the 21 ema (which is pointing up now). We also have this purple trendline , which is better seen from the daily chart perspective: The purple trendline is a very strong resistance, and to worse, the 21 ema is slightly above it as well, making it a Dual-Resistance zone , and if NIO breaks this zone, it’ll be a fantastic sign . Last week, NIO retested the support at $ 34.85, and now the volume is finally starting to increase, which was one of the main things that was bugging me last week, as we discussed in our previous study (the link to my previous analysis is below this idea, as always). Although we have several reversal signs around, the trend didn’t reverse in the daily chart yet. It is almost there, but we must see a breakout from the Dual-Support zone, and see the $ 42.05 defeated as well, as this is the most important pivot point for the mid-term. To summarize, NIO looks promising, and it is just one step from doing something great. And if you liked this analysis, remember to follow me to keep in touch with my daily updates, and please, support this idea if it helped you ! Thank you very much.
NYSE:NIO
by Nathan_The_Finance_Hydra
23
TSLA: The beginning of a reversal? What's next for Tesla?Hello traders and investors! As we discussed in our last study, last week, Tesla gathered strength by moving sideways before the breakout from our pivot point . Tesla is behaving exactly as we thought last week, doing some very good and nice movements. Let’s se in details: First, in the 1h chart, since our last analysis, Tesla accumulated a little bit more, and today is doing a breakout from the 2 main resistances we talked about last week : The $ 708 and the $ 718. The $ 718 was a stronger resistance, and I was focusing more on it. And if you missed my previous analysis, I’ll leave the link to it below, if you are curious and want to understand the logic of our thoughts. Now, let’s see the daily chart: Now it is official: The trend is bullish . Tesla is above the 21 ema, which is pointing up, and it just triggered a pivot point by defeating its previous resistances, and we have clearly higher highs/lows. Personally, my bias was bullish since the beginning, but I was expecting it would take a little longer to do this movement. Anyway, I’m optimistic with TSLA, but there’s one risk : If the NDX corrects (and it could easily do a correction in the next few days), this will affect Tesla as well, the question is, how? Maybe Tesla won’t be affected at all, or maybe one of its previous resistances will work as support next. Let’s monitor Tesla closely from now on and remember to follow me to keep in touch with my daily updates, and please, support this idea if you liked it! Thank you very much!
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
15
AMC: The most important patterns to keep in mind!Hello traders and investors! Let’s talk about AMC again, and see how it performed since our last study. Every week I do a study on AMC, and you may check my last analysis in the link below this post. The stock hit our target, which we talked about in our last study, and filled the gap at $ 12.91 and now it is trading way above it. This is incredible, and a real sign of strength. We have a crystal-clear bull trend, as we have higher highs/lows , and the 21 ema is pointing up. But now, it seems AMC might get trapped inside a “ Trap Zone ”, between the resistance around $ 14.50 and the support level around the 21 ema. At one point, we’ll see a breakout from it, we just don’t know which direction yet. Let’s see the daily chart for more clues: The daily chart is looking good, as we have the beginning of what could be a series of higher highs/lows. If AMC loses the Trap Zone downwards, probably it’ll hit its support level around the 21 ema and the $ 11 . But this wouldn’t affect the major bullish bias, as pullbacks are expected. What’s more, AMC has a Cup & Handle pattern , and it has a clear target at $ 20.36. Let’s see how it’ll behave in the next few days, and next week I’ll do another update! Therefore, remember to follow me to keep in touch with my ideas and insights, and if this idea helped you, remember to support it with your like! Thank you very much!
NYSE:AMC
by Nathan_The_Finance_Hydra
16
SNDL: Each analysis, we hit a target! Let's see what's next.Hello traders and investors! Ok, so, our analyses on SNDL have been quite precise, as it nailed another target that we talked about in my last analysis. In fact, SNDL did hit all our targets with an astonishing precision. Let’s see if we can understand what’s going on again. And of course, my last analyses on SNDL were public, and you may just check the links below for more details, if you are curious. In the 1h chart we have what seems to be a False Breakout from the resistance at $ 1.64, as the price went above it, but couldn’t keep up and close above the black line. Now the odds are that SNDL will seek one of its supports, and a good candidate is the area between the 21 ema and the $ 1.47 (red line, previous top). Now, the daily chart: The thing is, we have earnings soon, and this surely will bring some volatility and could ruin the short-term reading of the charts. But this doesn’t change the bullish bias seen here, as we have higher highs/lows in the 1h chart, and it is above the 21 ema in the daily chart, and the volume increased yesterday. This means that pullbacks are opportunities to buy. Let’s see how SNDL will behave in the next few days. Remember to follow me to keep updated about SNDL and other stocks I analyze every day. And if this idea helped, please, support it with your like! Thank you very much.
NASDAQ:SNDL
by Nathan_The_Finance_Hydra
24