Moe_Mill

Moe_Mill

Gotta be careful here, next week with the “big dogs” ERs coming up We might shoot up a bit here ~ 5800 level Right into the monthly Imbalance. Or reject at the BOS trend line. And begin the acceleration to the down side.

Moe_Mill

i'm stay cautious as long as UVXY stays below that supply zone (red area) let it complete 5 waves up.. then we could get that market bounce we've been waiting for

Moe_Mill

1st H&S played out nicely. 2nd H&S did too. I believe more pain to come.. Equal lows below, liquidity to be grabbed + an open gap (purple box). let those play out then i'll consider longing

Moe_Mill

Important cross-roads, 200ems on daily + close to retesting the top of the channel if this area holds i might add to my position.

Moe_Mill

Dollar is within supply zone. This zone has been a heavy resistance. That's why i'm cautious about shorting the market as of now.

Moe_Mill Updated 

My fav Saudi stock... missed the wedge breakout i'll wait for the restest of that weekly demand zone (green box) for long entry

Moe_Mill

If market strength continue.. i believe SNOW is ready to test 200+ soon weekly supply (red box) is my target. MACD & TTM are bullish PA is king so lets focus on that, it must hold 198-190 area

Moe_Mill

a dip to around $440 area (Green box) while maintaining the uptrend (blue trendline) would be a good BTFD opportunity market is bullish till next rate desision.. buying dips after breaking of strucktuer has been working like a charm. I saw phantom prints to $445-446 -> price might magnate to those levels. NFA

Moe_Mill

Not sayin this move will happen this week or maybe this month. But this is a chart to follow for sure.

Moe_Mill

To keep simple and short.. I do see TSLA squeezing a bit higher to tag that weekly supply zone and tag that downtrending line from 2021 high around $290 before any real pullback

Moe_Mill

Bullish senario is we broke-out a falling wedge and retested already.. A move above last week high could confirm this. Flow has been bullish for this week (07/07) and nest week 14/07. MACD & TTM squeeze looks ready for another run. momentume has been buliding

Moe_Mill

Although flow has been bullish on this name i can't ignore this bearish senario we could have retested and rejected the neckline ... possibility of breakdown and filling below gap is high. some news about google and pivase e has been circliting and that could push it down. I don't know.. PRICE ACTION is king so let's focus on that

Moe_Mill

Weekly H&S Currently re-testin the neck-line doubtful it will break through to the upside. I wouldn't short tho.. just my observation