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$Alphabet(GOOGL)$ $Microsoft(MSFT)$ $NVIDIA Corp(NVDA)$ $Costco(COST)$ $GE Aerospace(GE)$ 🚀🚀🚀 Pattern Power: The Hidden Rhythms in the S&P 500 🚀🚀🚀 Kia ora Tiger traders! 📊 Final Heat Map of the S&P 500 $SPY Performance & Epic Stock Movers of the Day! 🔥 The S&P 500 and Nasdaq 100 have closed out one of their best weeks of 2024 with a heat map that’s mostly glowing green! 🌱💚 Among the standouts is Costco (COST), which hit a brand-new ALL-TIME HIGH of $919.01 🛒📈. Who knew bulk buying could lead to such market gains?! Meanwhile, GE Aerospace (GE) soared +5.06% on the back of a bullish streak, dominating the industrials sector 🛫. Unlocking the Power of Patterns 📈 Many traders may not realise that stock price movements tend to follow recurring patterns. These patterns, while not identical each time, often create rhythmic opportunities that savvy traders can leverage. Recognising these chart patterns can provide early insights into potential breakouts or pullbacks. 📊 For instance, Nvidia (NVDA), with its rapid surge driven by AI developments, often displays bullish continuation patterns. On the other hand, Costco (COST) has shown consistent upward channels bolstered by consumer spending trends and strong fundamentals. Understanding the nuances of these stocks through pattern recognition can provide traders with a significant edge. Here’s your 52-week high lineup from today’s trading: • Palantir (PLTR) 🧠 • Costco (COST) 🛒 (ALL-TIME HIGH!) • Walmart (WMT) 🛍️ • Oracle (ORCL) 📊 • Mastercard (MA) 💳 • Verizon (VZ) 📞 • Trade Desk (TTD) 📈 • Mercadolibre (MELI) 🌎 • NextEra Energy (NEE) ⚡ • Blackstone (BX) 🏦 • IBM (IBM) 💻 Final Heat Map Insights In today’s heat map, we saw: • Microsoft (MSFT), closing up +0.84%, maintaining its leadership in the tech space. • Nvidia (NVDA) taking a small breather at -0.05%, reflecting some consolidation after recent highs. • Google (GOOG) surged +1.82%, showing impressive strength in the communication services sector. • In healthcare, Eli Lilly (LLY) pulled back by -1.21%, despite its recent gains, while GE Aerospace (GE) was the clear winner in industrials with a +5.06% gain. This heat map reflects ongoing resilience in AI-driven tech and defensive sectors like consumer goods (with Costco adding +0.11% and Walmart +1.18%). Meanwhile, Adobe (ADBE) saw a notable drop, down -8.47%, following a disappointing earnings report. Minimising Risk with Patterns Pattern analysis not only allows us to spot profitable trades but also helps manage risk. By recognising key support and resistance levels within a pattern, we can plan low-risk entries and timely exits, reducing potential losses. For instance, a bull flag suggests continued upward momentum, while a double bottom often signals an impending reversal~excellent setups for traders seeking solid opportunities. 💡 Tech Titans like Microsoft (MSFT) and Google (GOOG) continue their AI-driven dominance, riding the wave of growth in cloud computing and innovation. With AI becoming central to the future of tech, are you ready to make the leap? 🤖☁️ Fundamentals Meet Patterns While we love patterns, strong fundamentals still matter. Companies like Costco (COST) and Microsoft (MSFT) hitting all-time highs aren’t just driven by charts; they’re backed by solid business models and growing market confidence. Pairing technical analysis with an understanding of fundamentals offers a more robust strategy for today’s market. Fun fact: Microsoft (MSFT) has hit over 10 all-time highs this year alone! 🚀 AI innovation is driving its success, showing that tech giants continue to lead the charge into the future. 🌐 Hey Tiger traders, which stock are you watching closely? Will you ride the Costco wave, or are you waiting for Adobe (ADBE) to make a comeback? 🖼️ Let’s hear your trading strategies! What’s your prediction for Adobe, are we in for a recovery or could this pullback go deeper@TigerGPT? Based on pattern trading, we are heading toward a significant market dip in late October. Historically, after a strong rally, it’s common for traders to take profits, leading to a pullback. This upcoming dip could offer some prime opportunities for strategic entries. Keeping an eye on seasonal trends and historical patterns can help traders capitalise on these market movements. Happy trading ahead. Cheers, BC 🍀 @Tiger_comments @Daily_Discussion @TigerWire @TigerStars @TigerPicks @TigerPM
$Alphabet(GOOGL)$ $Microsoft(MSFT)$ $NVIDIA Corp(NVDA)$ $Costco(COST)$ $GE Aerospace(GE)$ 🚀🚀🚀 Pattern Power: The Hidden Rhythms in the S&P 500 🚀🚀🚀 Kia ora Tiger traders! 📊 Final Heat Map of the S&P 500 $SPY Performance & Epic Stock Movers of the Day! 🔥 The S&P 500 and Nasdaq 100 have closed out one of their best weeks of 2024 with a heat map that’s mostly glowing green! 🌱💚 Among the standouts is Costco (COST), which hit a brand-new ALL-TIME HIGH of $919.01 🛒📈. Who knew bulk buying could lead to such market gains?! Meanwhile, GE Aerospace (GE) soared +5.06% on the back of a bullish streak, dominating the industrials sector 🛫. Unlocking the Power of Patterns 📈 Many traders may not realise that stock price movements tend to follow recurring patterns. These patterns, while not identical each time, often create rhythmic opportunities that savvy traders can leverage. Recognising these chart patterns can provide early insights into potential breakouts or pullbacks. 📊 For instance, Nvidia (NVDA), with its rapid surge driven by AI developments, often displays bullish continuation patterns. On the other hand, Costco (COST) has shown consistent upward channels bolstered by consumer spending trends and strong fundamentals. Understanding the nuances of these stocks through pattern recognition can provide traders with a significant edge. Here’s your 52-week high lineup from today’s trading: • Palantir (PLTR) 🧠 • Costco (COST) 🛒 (ALL-TIME HIGH!) • Walmart (WMT) 🛍️ • Oracle (ORCL) 📊 • Mastercard (MA) 💳 • Verizon (VZ) 📞 • Trade Desk (TTD) 📈 • Mercadolibre (MELI) 🌎 • NextEra Energy (NEE) ⚡ • Blackstone (BX) 🏦 • IBM (IBM) 💻 Final Heat Map Insights In today’s heat map, we saw: • Microsoft (MSFT), closing up +0.84%, maintaining its leadership in the tech space. • Nvidia (NVDA) taking a small breather at -0.05%, reflecting some consolidation after recent highs. • Google (GOOG) surged +1.82%, showing impressive strength in the communication services sector. • In healthcare, Eli Lilly (LLY) pulled back by -1.21%, despite its recent gains, while GE Aerospace (GE) was the clear winner in industrials with a +5.06% gain. This heat map reflects ongoing resilience in AI-driven tech and defensive sectors like consumer goods (with Costco adding +0.11% and Walmart +1.18%). Meanwhile, Adobe (ADBE) saw a notable drop, down -8.47%, following a disappointing earnings report. Minimising Risk with Patterns Pattern analysis not only allows us to spot profitable trades but also helps manage risk. By recognising key support and resistance levels within a pattern, we can plan low-risk entries and timely exits, reducing potential losses. For instance, a bull flag suggests continued upward momentum, while a double bottom often signals an impending reversal~excellent setups for traders seeking solid opportunities. 💡 Tech Titans like Microsoft (MSFT) and Google (GOOG) continue their AI-driven dominance, riding the wave of growth in cloud computing and innovation. With AI becoming central to the future of tech, are you ready to make the leap? 🤖☁️ Fundamentals Meet Patterns While we love patterns, strong fundamentals still matter. Companies like Costco (COST) and Microsoft (MSFT) hitting all-time highs aren’t just driven by charts; they’re backed by solid business models and growing market confidence. Pairing technical analysis with an understanding of fundamentals offers a more robust strategy for today’s market. Fun fact: Microsoft (MSFT) has hit over 10 all-time highs this year alone! 🚀 AI innovation is driving its success, showing that tech giants continue to lead the charge into the future. 🌐 Hey Tiger traders, which stock are you watching closely? Will you ride the Costco wave, or are you waiting for Adobe (ADBE) to make a comeback? 🖼️ Let’s hear your trading strategies! What’s your prediction for Adobe, are we in for a recovery or could this pullback go deeper@TigerGPT? Based on pattern trading, we are heading toward a significant market dip in late October. Historically, after a strong rally, it’s common for traders to take profits, leading to a pullback. This upcoming dip could offer some prime opportunities for strategic entries. Keeping an eye on seasonal trends and historical patterns can help traders capitalise on these market movements. Happy trading ahead. Cheers, BC 🍀 @Tiger_comments @Daily_Discussion @TigerWire @TigerStars @TigerPicks @TigerPM

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