Nasdaq
What goes up must also come down Always remember that the price cannot be too far away from the 20 and 50 day moving average. If it's too far, like in this chart, it is bound to retrace back to its area of value. If you missed a chance to jump in early, you should refrain from jumping in late.
The area of value from where Tesla is likely to take support from is somewhere in-between 850 and 880.
Tesla Game PlanAs the EV game is getting stronger we must have one of them in our portfolio.
The leader of the EV pack TESLA.
They have produced magnificent numbers in terms of sales literally making it 2x compared to last year.
Recent upgrades by Morgan Stanley etc.
The company is rewriting the mechanism of the chips , clearly taking advantage of the chip shortage crisis.
NDX LONGI hope you can now see how NDX represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Nasdaq (IXIC) | The best scenario for the fallHello traders, Nasdaq (IXIC) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
By looking at the waves, the weekly times 1 and 2 are probably over, and this analysis and this wave count is part of wave 3.
Wave 3 in the weekly time is not on the Fibonacci that can be returned, and only we can make this correction with the wave count we considered in the daily time.
In daily time, waves 1 and 2 are complete and wave 3 is in excellent condition in terms of appearance, but it is not in good shape relative to wave 1.
Waves 2 and 4 are very similar both in appearance and correction and have caused the wave count to not be normal.
However, there are exceptions in the waves.
We make the possibility of correction provided that the trend line is broken downwards and the price will move up to the specified targets.
If the end of wave 5 is broken, the complete analysis of the field will not be done, but this correction will be done in a short time.
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Nasdaq... correction....in good correction mode...
Watchout for 15307 & 14954 levels... carefully
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US100 Nasdaqbounced back strongly from support zone. need to watch 15k levels if sustains this level then new all time high soon.