RY Elliott Wave Structure: Looking to Buy the Next Pullback
Royal Bank of Canada., (RY) operates as diversified financial service company worldwide. It operates through personal finance, commercial banking, wealth management & Insurance segments. It comes under Financial services sector & trades as “RY” ticker at NYSE. As discussed in the last article, RY extends impulse sequence against April-2025 low. Currently, it favors rally in 3 of (1) & expect next pullback to remain supported to see more upside. We like to buy the next correction in 3, 7 or 11 swings in (2) against April-2025 low. RY – Elliott Wave Latest Weekly View: It ended (II) at $49.55 low in March-2020 & favors rally in III of (III). It ended I at $119.41 high in January-2022 & II at $77.90 low in October-2023 low as 0.618 Fibonacci retracement. Within I, it ended
The Blue Box Bounce: NVDA’s Perfect Reaction Higher
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of NVDA. We presented to members at the elliottwave-forecast. In which, the rally from 07 April 2025 low is unfolding as an impulse structure. Showing a higher high sequence favored more upside extension to take place. Therefore, we advised members not to sell the stock & buy the dips in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below: NVDA 4-Hour Elliott Wave Chart From 9.08.2025 Here’s the 4-hour Elliott wave chart from the 9.08.2025 update. In which, the cycle from the 21 April 2025 low ended in wave ((3)) at $184.48 high. Down from there, the stock made a pullback in wave ((4)) to correct that cycle. The internals of that pullback unf
$Opendoor Technologies Inc(OPEN)$ 📉 OPEN at $7.60 – Golden Entry Zone? 📉 Support zone extended: $7.50–$7.60 is now the key demand area. If this holds, it sets the stage for a sharp reversal. Oversold conditions: RSI dipping back near oversold = sellers may be exhausted. Volume check: Flushes into support are happening on lighter volume → no real panic selling. Big picture: Consolidation is healthy after recent runs. The risk/reward down here is even better. Trigger level: Watch for a reclaim above $7.80 → could ignite a push back to $8.50, then $9.50+. At $7.60, you’re basically sitting at the floor of the range. If it holds, the bounce could be powerful. 🚀🐅 Not financial advice — but these are the levels smar
Nvidia's $100B OpenAI Play: Winning on Chips—and Equity $NVIDIA(NVDA)$ 's stock soared to a new high after news broke of its planned $100 billion investment in OpenAI, which intends to build and deploy a 10GW computing infrastructure. This 10GW capacity is considered incremental, leading to a positive market reaction across the broader AI infrastructure sector, including key players like CoreWeave (CRWV), Applied Digital (APLD), as well as storage and power companies. Nvidia's Ledger: Two Ways to Win A closer look at the collaboration details reveals: Nvidia will assist OpenAI in deploying the 10GW data center, with the project slated to commence in the second half of 2026, starting with the 'Rubin' generation
Micron's Real Test: Can Soaring Memory Prices Lift Earnings? $Micron Technology(MU)$ , the leading U.S. memory chipmaker and the world's third-largest DRAM producer, is set to report its fiscal fourth-quarter 2025 earnings after the market closes on September 23, kicking off the latest earnings season for the semiconductor sector. Following a significant upward revision to its guidance, the market's attention is now focused on the progress of HBM4 and capacity bookings for the coming year, the sustainability of DRAM and NAND price hikes, and the demand outlook for the PC and mobile markets. Core Financial Indicators ~Revenue: Wall Street consensus expects $11.15 billion, a 44% year-over-year and 20% quarter-over-
$CleanSpark, Inc.(CLSK)$$CME Bitcoin - main 2509(BTCmain)$$MARA Holdings(MARA)$ 🔥🚀📈 $CLSK Fib Roadmap: Pullback or Blastoff? 📈🚀🔥 🎯 Daily Setup I’m seeing $CLSK stretched far above its mean, printing a possible reversal candle near $15. That signals the likelihood of a pullback is high. If it only dips to the upper Bollinger at $14.10 and holds, that would confirm serious momentum and could fuel an impulsive continuation. 📊 Entry Zones I’m mapping the Fib retracements for high-probability entry levels: 🔵 Aggressive shallow pullback: $13.50–$13.80 (23.6%) 🔵 Balanced entry: $12.60–$12.80 (38.2%) 🔵 Deep reset: $11.20–$11.90 (50–61.8%) These are spots where buy
$Bitfarms Ltd.(BITF)$$CME Bitcoin - main 2509(BTCmain)$ 🔥📉🚀 $BITF Demand Zone Test: Bounce or Breakdown? 🚀📉🔥 📊 Demand Zone in Play $BITF has now entered the orange demand zone around 2.70–2.90, where buyers previously stepped in with heavy accumulation. This is the battleground where supply meets demand; bulls need to defend this zone to avoid a deeper flush. 🔍 Technical Setup On the 4H chart, price has pulled back from 3.62 highs into a descending wedge formation. Demand zone retest is underway, aligning with the Keltner and Bollinger compression seen on lower timeframes. Short-term level to reclaim is 3.00; failure to hold above exposes further weakness. 🎯 Roadmap Upside triggers if demand holds:
Why Tesla’s Stock Has Rallied & The Logic Behind It
News (Catalysts) • AI & Autonomous Driving Momentum Elon Musk emphasized the acceleration of FSD (Full Self-Driving) adoption and hinted at further progress toward Robotaxi deployment. This has shifted market perception of Tesla from just an EV company to an “AI + mobility” tech stock. • Improving Delivery Data Recent delivery numbers beat bearish expectations, especially with signs of stabilization in the U.S. and China, easing concerns over weakening demand. • Cost Reduction & Product Cycle The 4680 battery, production optimization, and Cybertruck ramp-up reinforce Tesla’s long-term cost and product expansion story. • Macro Tailwinds Investors are betting that the Fed won’t raise rates much further, which benefits high-valuation tech stocks like Tesla. Capital Flows & Valuati
$IONQ 20251219 40.0 CALL$ Back in December 2024, I opened a one-year LEAP call on IONQ when the quantum computing sector was buzzing with optimism. The position briefly went into profit — until Jensen Huang of NVDA dismissed quantum as still being in its early stages, with practical applications many years away. That sent the entire sector sliding. Not long after, the April tariff war added more pressure. IONQ’s share price had essentially peaked right after I opened the LEAP, and the option sat underwater for most of its life. Fast forward: the recent U.S. Air Force contract news and the Fed’s rate cut triggered a sharp rally, pushing the LEAP into profit. With December nearing and extrinsic value set to erode quickly,
$IONQ Inc.(IONQ)$ IONQ spent months stuck in a $36–$46 range, with $46 acting as a stubborn ceiling for almost a year. That changed fast: first came news of a U.S. Air Force Research project, then the Fed’s rate cut — both catalysts sent the stock soaring nearly 60% in a week, closing just above $70. Because I had a covered call in place, my shares have now been called away. While the rally means I didn’t capture the full upside, the assignment still locks in a solid profit on the position. Could it have been more? Sure. But a realized win is still a win — and these are the kind of outcomes I’m happy to bank as part of the strategy ✅. Since December last year IONQ’s share price was largely flat, I’ve been stea
$Taiwan Semiconductor Manufacturing(TSM)$ Taiwan Semiconductor Manufacturing Company (TSMC) is at the center of the global technology landscape, not just as the world's leading semiconductor foundry but as the sole manufacturer of the most advanced chips powering the artificial intelligence (AI) revolution. Its recent business and financial performance reflects this critical role, and the company's five-year plan is focused on solidifying its dominance amidst intense geopolitical and competitive pressures. Business and Financial Performance TSMC's financial health is robust, driven by its technological leadership. The company has seen a significant shift in its revenue streams, with High-Performance Computing (HPC),
$Tesla Motors(TSLA)$ there's no stopping this train. Once the momentum gets going it's straight up, likely to make new all time highs by end of the year. Buckle up!