3 best Daily Charts - Smart Money Zone & Silver Bullet Setups

PeterDiCarlo
11-04 07:39

Tracking three setups across different stages of development this week.

$BAC is testing a key weekly demand zone, $MDB is consolidating after a clean bounce from its Smart Money Zone, and $EOSE is approaching a potential recovery point.

Here’s what I’m watching, including targets and invalidation levels.

🟣 $Bank of America(BAC)$ – Weekly Smart Money Zone

Price is sitting in a key demand zone.

If the setup plays out, a move back to the prior swing high could take 6–12 months.

  • Target: $66

  • Invalidation: $44

🎯 $MongoDB Inc.(MDB)$ – Silver Bullet Setup

$MDB bounced cleanly from the Smart Money Zone and is now forming a compressed wedge.

My short-term target is $390, although I expect the consolidation to continue into next month’s earnings, where price could face rejection.

Over the next 60 days, the larger target is $470, near the prior swing high.

  • Short-term target: $390

  • 60-day target: $470

  • Invalidation: A break below the swing low around $280

⚡ $Eos Energy Enterprises Inc.(EOSE)$ – Potential Reversal

$EOSE has not hit our stop and is now trading close to reclaiming its prior swing low.

The probability of a full turnaround remains low, but I’m staying on board in case the setup starts to develop.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • GXZ
    11-04 09:24
    GXZ
    My short-term target is $390, although I expect the consolidation to continue into next month’s earnings, where price could face rejection.

    Over the next 60 days, the larger target is $470, near the prior swing high.

  • 古月说
    11-04 10:17
    古月说
    My short-term target is $390, although I expect the consolidation to continue into next month’s earnings, where price could face rejection.


    Over the next 60 days, the larger target is $470, near the prior swing high.

  • tanpp2307
    11-04 08:11
    tanpp2307
    Of the three, I am more interested in the Bank of America. It has bounced back strong from the lehman brother days and I believe that this is a company with a strong enough foundation to survive the current market correction.
  • DC125
    11-04 08:43
    DC125
    thank you for good information
  • DQS4288
    11-04 08:36
    DQS4288
    Thanks for sharing. Very informative
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