Analyizing sonic and entering the trade with all my thoughts and break even!
Chevron is starting to look very interesting again — but let’s be clear from the start: Chevron, like every oil giant, lives and dies by the price of oil. If oil rips higher or collapses due to global politics, supply shocks, or economic chaos, Chevron NYSE:CVX follows. No exceptions. That said, what we’re seeing on the chart right now is increasingly pointing toward a deeper correction — specifically down to the $113–$100 zone. That would make sense structurally as a Wave 4 retracement. But there’s a technical nuance here. Wave 1’s high sits at $103 — and depending on how strict your Elliott Wave rules are, Wave 4 dipping into Wave 1 is bad territory. Personally, I’m okay with a brief touch into that range, but I don’t want to see price hanging around below $103 for long. From a trend perspective, we’re clearly in a downward channel. We just saw a textbook bull trap: Chevron broke out with a solid +7% move over two weeks, Followed immediately by a massive 22% drop, One of the sharpest two-week declines since — yeah — March 2020, pandemic levels. Now, price is hovering around $130, and the setup is simple: If this level holds, great — maybe we’re bottoming. If it breaks, I’m looking to buy between $113 and $100. That’s where the structure aligns, the volume kicks in, and risk/reward starts to make sense again. So here’s the real question: Do we see $200 first — or $100? I’m leaning $100 first. Not because I’m bearish long-term— but because that level would clean up the chart, shake out the noise, and give us a real shot at riding the next strong leg higher with conviction. Would love to hear what you think — where’s your bet?
hello everyone, the price is still consolidating, so far no clear break out for now, day tf show the price is corrected, but still no candle break out in htf and still consolidating.. wait for proper pull back before taking a position. either trade from fvg once candle breakout of wait for price to pull back to OB. The Macd/RSI showing the price is completing the bearish momentum in 4hr tf. good luck
The Trade Desk is this big American tech company that basically helps advertisers buy digital ads in a super smart, automated way. They run a platform (called a DSP, or Demand Side Platform) where brands and agencies can set up, manage, and optimize their ad campaigns across tons of channels—like websites, mobile apps, streaming TV, audio, you name it. They’re pretty much the biggest independent player in this space, competing with giants like Google and Amazon. Now, about the stock crash ,things have been rough lately. Their share price tanked, and here’s why: First off, their latest financial results were kind of a letdown. For the first time in over eight years , they didn’t hit their own revenue targets. Investors hate surprises like that, so the stock dropped hard, almost 30% in a single day. On top of that, they’ve been rolling out a new AI-powered platform called Kokai, but apparently, there were some hiccups with the launch. The company admitted they messed up a bit on execution, which didn’t help investor confidence. Another thing: their stock had gone up a ton last year, it more than doubled at one point. So when the results disappointed, people freaked out and started selling. The valuation was super high, and the market just corrected itself, wiping out a huge chunk of their market cap. There’s also some bigger-picture stuff going on. The ad industry is getting more competitive, with Google and Amazon pushing hard, and there are worries about the economy slowing down. Plus, new privacy rules and regulations are making things trickier for digital ad companies in general. All this led to a bit of a panic, with people selling off their shares and the price dropping even more because of technical trading stuff. Fortunately, the price stopped near the previous lows where there is a major support and this could be a masive opportunity for mid to long term investors seeking a low risk entry with a +200% returns opportunity. A Stop Loss under the supports would be fine to keep your money safe. In short, The Trade Desk is still a major player in digital ads, but they hit a rough patch because of disappointing results, some mistakes with their new tech, and a reality check on their sky-high stock price. Some people still think they’ll bounce back if they fix these issues, but for now, it’s been a wild ride!
Good Morning, I have entered an SQQQ trade to short the NDX. Overall NDX has been in a mid-term bullish trend and continues to do so. When the NDX shows signs of short, I typically sell my stocks that trend with it and enter an SQQQ. ENJOY!
Solana’s countermovement of the green wave 4 has some more room on the upside. Once the wave-4-top is established (below the resistance at $192.33), we primarily anticipate a wave 5 sell-off down into the blue Target Zone on the downside (coordinates: $56.56 – $29.87). In this range, the wave (ii) corrective movement should conclude, and the altcoin should start the next sustainable upward impulse. However, if the price rises above the mentioned $192.33 mark during the current upward movement (36% likely), this will suggest that the low has already formed via wave alt.(ii) in blue.
Market been pushing very strong overall for alts. Am expecting continuation today. Aiming for $0.2243 target. Trading with the trend from key support area here. Roughly 4.65RR for me.
Market been pushing more aggressive. Things have change. I got caught up in a few shorts but lets make it right. Anticipating further push towards $180 Trading with the trend. Time sensitive Price currently at key level.
It could be gibberish and not work out, either way we learn or we earn!!
? BTC/USD Trade Idea (April 25, 2025) Chart Structure: Daily Timeframe (1D) Current Price: $94,904 Short-Term Bias: Bearish Rejection Expected Mid/Long-Term Bias: Bullish Accumulation Below ? Key Technical Zones: ? Rejection Zone: $95,200 – $96,300 As per price action and past resistance, this zone aligns with a confluence of previous highs and EMA/SMA crossover areas. Sellers are likely to step in here. ? Best Buying Zone for Longs: $63,000 – $66,000 Marked by the chart's strong historical support and potential re-test of previous demand. A perfect accumulation area for swing longs or long-term positions. ? Active Position: Short from $95,000 area Price has moved into a bearish rejection zone. Price broke out from the falling wedge and is approaching resistance. Volume is not showing major bullish continuation yet. ? Trading Strategy for Your Audience: ✅ Short-Term (Swing Trade) Strategy: Sell/Short Zone: $95,200 – $96,300 SL: $97,000 (Above previous wick highs) TP1: $88,500 (EMA support) TP2: $82,000 TP3 / Final TP: $65,000 – Strong support zone (can flip to long here) ? Patience and discipline are key—don’t chase the pump; wait for rejection signs like bearish engulfing candles, volume divergence, or RSI topping out. ✅ Long-Term Buy Strategy: Buy Limit Orders: $66,000 / $64,000 / $62,500 SL: Below $60,000 (Structure invalidation) TP1: $84,000 TP2: $95,000 TP3: $109,000 (ATH retest) ? Consider laddering into your position with a DCA strategy in the buying zone for the best average entry. ? Professional Analysis Summary: Structure: Price broke out of a falling wedge (bullish breakout pattern) but is entering heavy resistance. Confluence: Multiple indicators (MA cross, prior resistance, volume divergence) show this area is a potential trap for late longs.