Now that we have gotten past the fed news Im looking for a entry to continue bullish action. but we must wait for killzones.
I believe in the next 6 months we will see significant price action in favor of the bulls. I could be wrong because technically NASDAQ:KHC did invalidate what I had drawn for the run up using Elliott wave. I still think it is due for a bounce to the upside earnings were better than expected and I anticipate on investors picking this stock up for their portfolios.
Tesla gets a small bounce higher today but will it hold and move towards 350-360 or fall back down below 321 and into 315 or lower?
I kept this trade on the DL. I just wanted to say Elliott wave works for any of you doubters out there. Do not over analyses just back test until you find the strategy that works for you.
Technical: The price is in premium, and my POI is around $181-$170. However, from a technical standpoint, the price is bullish, and if it doesn't close below $156, it could continue higher. Looking for an H4 CISD ( from POI ) for a possible continuation to the upside. If there is no H4 CISD, I assume the price will go lower. https://www.tradingview.com/x/vhE9Tknq/ Fundamental: Reddit's stock surge was primarily driven by strong Q4 2024 financial results: Key Financial Highlights (Q4 2024): Revenue: $427.7M (+71% YoY growth) Net Profit: $71M (compared to just $18.5M the previous year) Daily Active Users (DAU): 101.7M (+39% YoY) Why Did the Market React This Way? Strong Revenue Growth – The 71% annual increase shows Reddit’s ability to better monetize its platform. Profitability – The company reported a profit, a key metric for investors post-IPO. Ad Revenue & AI Partnerships – Growth was fueled not only by traditional ad revenue but also by data licensing deals for AI models, such as its partnership with Google. Market Optimism – AI and social media sectors are experiencing strong investor demand. Although daily active users slightly missed analyst expectations (101.7M vs. the expected 103M), the overall financial results exceeded expectations, leading to a significant stock price increase.
Tesla is getting near a low around $296 - $264 or so. With later sell targets at $432 . Using Elliotwave, Murrey Math and Kumar wave.
Just now opened a scalp long position on Tia. I think the market will retested the wick highs before potentially reversing...or who knows it might continue to pump more but that's my target for tonight.
#RGB 13.2.2025 ep - 0.445 sl - 0.395 tp - 0.495 RRR - 1X
as we talked in our earlier video usdjpy is now in the sell are and a good premium so lets take a sell and see what happens next. R/R : 1 to 5
It is really difficult to find a setup with Spring A typical Re-Accmulation of Schematic #1 In the background of evaporating supply Combination with SpringBoard Very good setup EP, SL As attached