To The Moon

Cybersecurity stocks have been the craze in the past few weeks. We have fears over security and safety owing to the discovery of surveillance balloons across the US and around the world. Moreover, cybersecurity companies have been posting strong ER beats across the board. Having lost all my charts previously, I lost my charting on Palo Alto Networks (PANW). However, I decided to re-chart the stock again with a fresh perspective on the stock. PANW is interesting because if you just zoom out and look at the stock, it appears to be trading in a massive distribution pattern that is likely going to end with it trading near the 100s. However, the market makers never make things easy for retail traders or investors betting against the stock. Here’s a look at the stock’s daily chart: It appears

Cybersecurity stocks have been the craze in the past few weeks. We have fears over security and safety owing to the discovery of surveillance balloons across the US and around the world. Moreover, cybersecurity companies have been posting strong ER beats across the board. Having lost all my charts previously, I lost my charting on Palo Alto Networks (PANW). However, I decided to re-chart the stock again with a fresh perspective on the stock. PANW is interesting because if you just zoom out and look at the stock, it appears to be trading in a massive distribution pattern that is likely going to end with it trading near the 100s. However, the market makers never make things easy for retail traders or investors betting against the stock. Here’s a look at the stock’s daily chart: It appears

Cybersecurity stocks have been the craze in the past few weeks. We have fears over security and safety owing to the discovery of surveillance balloons across the US and around the world. Moreover, cybersecurity companies have been posting strong ER beats across the board. Having lost all my charts previously, I lost my charting on Palo Alto Networks (PANW). However, I decided to re-chart the stock again with a fresh perspective on the stock. PANW is interesting because if you just zoom out and look at the stock, it appears to be trading in a massive distribution pattern that is likely going to end with it trading near the 100s. However, the market makers never make things easy for retail traders or investors betting against the stock. Here’s a look at the stock’s daily chart: It appears

Lucid seems set to dominate the EV world.$Lucid Group Inc(LCID)$ Musk single-handedly kickstarted the EV revolution and has been riding that wave ever since. Now, nearly a decade after his amazing Model S debuted, Tesla still leads the EV market. But a fresh-faced start-up called Lucid and their brilliant new car could snatch this lead away. In almost every metric, their Air model performs far better than anything Tesla has. So, will Lucid be the new ruler of the EV world? Or is Tesla’s seat safe for now?$特斯拉(TSLA)$ Before we get into the details of this fantastic new car, we first need to discuss a little bit of gossip. You see, Lucid’s CEO, Peter Rawli

2/3/2023 Market Diary -Narrative similar. Mkt faded -ve to new month but SPY$SPDR S&P 500 ETF Trust(SPY)$ supported on 200MA-XLE$Energy Select Sector SPDR Fund(XLE)$ (+2.02%) consolidate for 8th session at rising 200MA,OIH$VanEck Oil Services ETF(OIH)$ reclaimed 10,20,50MA in a single session. +ve thrusted by China Feb MFC-PMI FXI$iShares China Large-Cap ETF(FXI)$ +4.15%-BOAT$SonicShares Global Shipping ETF(BOAT)$ propelled higher$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ Trust(QQQ)$<

Source: CNEvPost BYD posts 193,655 NEV sales in Feb, up 28% from Jan BYD sold 90,639 pure electric passenger vehicles and 101,025 plug-in hybrid passenger vehicles in February. $BYD COMPANY(01211)$ $BYD Co., Ltd.(BYDDY)$

Juicy gap target for TSLA! - Interesting price action for TSLA last night - It gapped down but buyers were not able to push it back into range (above 190) - Further not establishing back into range (above 190) would likely bring about a leg down to 174 first. - Juicy gap fill at 145/160 to go for which could also be the smaller inverse cup formation (inverse basing as some would call it) - Longer term weakness of low 100s is too far to be targetted for now - Personally i like the 145/160 region - Upper resistance remains 223-233 range @TigerStars @CaptainTiger @melson

(CBOE)---The ratio of listed option put volume to call volume is a well-known measure for traders who appreciate a relatively simple metric comprised of accessible data that can be applied across assets and time frames.Like most indicators, interpretation of the put/call ratio involves several assumptions – primarily that puts express a bearish view, while calls are bullish. Like the Cboe Volatility ® (VIX®) Index, a high put/call ratio is often considered a sign of investor uncertainty, while a low level usually indicates optimism. Historical data generally supports this assumption, as the put/call ratio typically spikes during crashes and reverts to lower levels in bull markets.In practice, many traders prefer to examine put/call ratios for index, ETF and equity products separately based

Tesla (TSLA) Near Support Level According to Elliott Wave March 2, 2023 By EWFHendra Tesla ended cycle from 1.6.2023 low at 217.82. We labelled this rally as wave ((1)) as the 45 minutes chart below shows. Internal subdivision of wave ((1)) unfolded as a 5 waves impulse structure. Up from 1.6.2023 low, wave (1) ended at 123.52, and pullback in wave (2) ended at 115.6. The stock resumed higher in wave (3) towards 214, and pullback in wave (4) ended at 187.61. Final leg higher wave (5) ended at 217.82 which completed wave ((1)). Wave ((2)) pullback is currently in progress with subdivision as a zigzag Elliott Wave structure. Down from wave ((1)), wave 1 ended at 208.31 and rally in wave 2 ended at 217.65. Stock resumes lower in wave 3 towards 196.74 and rally in wave 4 ended at 209.77.

Trading styles refer to the different approaches that traders take in order to profit from the financial markets. There are four main types of trading styles: scalping, day trading, swing trading, and position trading. Scalping is a very short-term trading style that involves taking small profits on a frequent basis. Scalpers aim to make a large number of trades over a short period of time, holding each trade for only a few seconds or minutes. They rely on high levels of liquidity and tight spreads in order to make small profits on each trade. Scalping is a high-stress and high-intensity trading style that is not suitable for everyone. Day trading is another short-term trading style that involves taking positions in the markets and then closing them out at the end of the trading