TSLA
Tesla
-- 292.980 NVDA
NVIDIA
-- 124.920 PLTR
Palantir
-- 84.920 SOUN
SoundHound AI
-- 10.820 SMCI
Super Micro Computer
-- 41.460 
$Apple (AAPL.US)$ Some people think by sharing trade ideas y...
$Apple (AAPL.US)$ Some people think by sharing trade ideas you are robbing yourself of wins. I disagree, and like the thought that my analysis might help someone in some way.
I just identified this potential setup on AAPL, and I'm not going to lie; it is seemingly so clear I'm pretty excited about it. Notice the three "steps" up (double bottoms), with each subsequent impulse decreasing in strength. It also appears to be respecting the resistance line in teal. I don't think it's just a coincidence that it is now forming a rising wedge into the ~250 area. If this gets close to and especially if it touches that rising resistance line I will be very tempted to buy longer dated puts for a high probability retracement. IF this is the end of 3 impulsive moves up, then it may be about to correct sharply.
Not financial advice, personal opinion only. Trading is extremely risky.
I just identified this potential setup on AAPL, and I'm not going to lie; it is seemingly so clear I'm pretty excited about it. Notice the three "steps" up (double bottoms), with each subsequent impulse decreasing in strength. It also appears to be respecting the resistance line in teal. I don't think it's just a coincidence that it is now forming a rising wedge into the ~250 area. If this gets close to and especially if it touches that rising resistance line I will be very tempted to buy longer dated puts for a high probability retracement. IF this is the end of 3 impulsive moves up, then it may be about to correct sharply.
Not financial advice, personal opinion only. Trading is extremely risky.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Just a dude highly interested in the financial markets who wants to share helpful info along the journey.
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TWIMO (151403908) : Hi, may I know how to turn on Support and Resistance lines in Moomoo?
Derpy Trades OP TWIMO (151403908) : You have to pull up the drawing tool and manually connect two points with a line segment.
TWIMO (151403908) Derpy Trades OP : Understood. I thought Moomoo had that parimeter to click on. Thanks.
Derpy Trades OP TWIMO (151403908) : That would be amazing! But nah, this was just good ole' fashioned charting.