Analysis says , below marked lines are demand zone for this up wave , it may take correction too long but slowly it will hit mentioned line at any day or month
Pretty simple chart which shows the flag pattern being formed in the natural gas. It is just breaking out. Looks like there is a lot more to come in this commodity. This is also after forming an inclined head and shoulder reversal on the hourly timeframe. Makes it a high probability setup to trade.
NASDAQ Bottom formation complete - uptrend Resumes based on the daily charts.
Expecting some good move in NASDAQ in coming months helping Global Markets to outperform.
Borken out of Pattern ... iF it closes below 1900$ then lower levels near 1800$ likely
Supports are clearly shown
DX1! along with US10Y rising are bad for precious metals which could be the other reason
NetFlix has given Head and Shoulder pattern break down from 412 support zone.
Target: 385, 348
SL: Hrly candle close above 418
Note: Head and shoulder pattern usually indicates trend reversal pattern, so better avoid longs unless it reclaims 445 levels.
Elliott Wave Analysis.
The 5the wave was not truncated it was just turned into an flat correction. A small low till $75-$77 is expected before a bounce back.
This entire fall was indicating the 2nd Wave of the entire previous impulse 1st Wave.
once the fall was over then there will be a good impulse.
Your comments are most welcomed.
@khc is looking attractive for medium to long term buy (< 1 year). This level is good to buy a major portion for those looking to make 20-30% returns in 6months to 1 year timeframe. The stock is bound for long rally once the downside is over.
This is an elliott wave analysis.
A reasonable pullback had occurred.
we can start accumulate from here.
we can average further if it goes around $8 - $9.
With low risk and high reward.
i'm not a semi registered advisor.
I'm sharing my personal view.
Kindly post me comments if you people have any queries.
Your doubt will be cleared accordingly.
#elliottwave...
Hello Traders
Hope you are doing FANTASTIC
I am writing this idea to share my personal trading strategy for NYSE:NIO that has the potential to generate a 10% return within a day or two, depending on market conditions.
Analysis:
As you can see, NIO has been in a consistent downtrend in the month of August. This is due to the primary markets, such as QQQ,...
Hello Traders
I have been tracking LUCID and other new Electric Vehicle (EV) Companies for about 5 Months now and based on my Support and Resistance Levels, NASDAQ:LCID has just bounced off my most lowest Resistance level which is at $6.19 and I expect it to do a reversal over the coming days or weeks (After markets has recovered).
Now, we know that the...
If it remains above this level, please go long, for next target of 240 in the long run.
Remember, analysis is only one part of the trading- may be investing, swing, intraday or scalping.
In the five minute chart it closed below, 38% level, but only when it goes above it with sl just below 2,3%
Second part is execution. Execute with the help of other...
