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Shares of tech giants are falling, led by Nvidia and Tesla
Major representatives of the technology sector, including Tesla and Nvidia, led the decline in the shares of the so-called «Magnificent Seven» during pre-market trading in the United States on Monday. The reason for the downward trend was the desire of investors to lock in profits after the recent rally in shares of leading technology companies….
Blog Post: Day 11 of $QQQ short term down-trend; $QQQ remains in a downward channel, see yesterday’s post; $AAPL has a failed GLB again, see its daily chart and the weekly chart of $NVDA
QQQ continues to decline within the downward sloping channel I described in my post last night. Another sign of potential weakness is the fact that AAPL closed Thursday again below its green line. AAPL had a GLB on 11/29. The green line top was at 237.23. After a recent GLB failure, the attempt to stay…
Trading Tesla’s Key Levels, Flag Patterns & Earnings Plays in Today’s Market
Big Tesla Earnings today! The stock TSLA trended up literally from the open to the close. It was a giant buy program the hole day on this with almost 200million in volume. Today’s session was driven by Tesla’s news, causing a market gap up, but we saw a lot of stagnation afterward. In this post,…
Blog Post: Day 26 of $QQQ short term up-trend; Tweeted intraday, @wishingwealth, when $AAPL had a GLB
Indicators GMI: 4/6 GMI-2: 7/9 T2108: 36% Sign up for my tweets, @wishingwealth, so you receive my intraday signals. AAPL must hold its green line. Note the volume on today’s GLB, green line break-out to ATH. Screenshot The post Blog Post: Day 26 of $QQQ short term up-trend; Tweeted intraday, @wishingwealth, when $AAPL…
GOLD TREND SCALPING
### Description of GOLD TREND SCALPING STEP 1: Identify the main market trend. If the market is in an UP-TREND, the EA will only open BUY orders. If the market is in an DOWN-TREND, the EA will only open SELL orders. STEP 2: Switch to a smaller time frame to find the best entry point…
