When bullish momentum turns on a dime – navigating the treacherous waters of failed breakouts The markets can be merciless teachers. Just when traders begin celebrating breakouts and planning their next big moves, the tide can shift dramatically, leaving even seasoned professionals scrambling to adjust. Recent price action across major indices has delivered exactly this […]
Tag: Morpheus Trading Group
In today’s volatile market environment, understanding technical indicators and market positioning is crucial for traders. Rick Pedicelli, a seasoned trader with over two decades of experience, shares invaluable insights on the current state of major market indices and their relationship with key moving averages. The markets have been showing interesting patterns lately, with major indices […]
The Nasdaq 100 ETF (QQQ) has reached new all-time highs, presenting traders with fresh opportunities. Understanding key support levels becomes crucial for managing risk and identifying optimal entry points in this evolving market landscape. When a leading index like the QQQ breaks out to new highs, the natural question becomes: “Where are the key support […]
Missed the initial breakout? Don’t worry – there’s still a chance to catch that rocket! Today, we’re diving deep into a powerful strategy that could be your golden ticket to riding stocks showing massive strength, even after they’ve already launched. In the ever-evolving world of swing trading, timing is everything. But what if I told […]
Discover the three powerful buy signals flashing in the Nasdaq and learn how to profit from the surprising shift in market leadership. Veteran analyst Rick Pedicelli reveals the technical indicators and leading stocks that could supercharge your returns, and shares a game-changing insight into the rise of mid-cap growth names. Plus, get actionable takeaways to […]
Could Tesla (TSLA) be gearing up for a major bullish run? Veteran analyst Rick Pedicelli breaks down five critical technical factors that suggest a potential swing buy entry for the electric vehicle giant. Tesla (TSLA), the electric vehicle powerhouse, is showing signs of a potential swing buy entry according to Rick Pedicelli, a veteran analyst […]
Trade what you see, not what you think.
The tech sector has recently experienced a significant downturn, with the NASDAQ index plummeting, but for astute traders, such market fluctuations can unveil hidden opportunities. This blog aims to provide a human touch to the analysis of the NASDAQ’s recent challenges and how traders can effectively navigate this landscape. Imagine starting your day with a […]
Last week’s NASDAQ plunge caught many off guard, but not the MTG Tribe. Here’s how we saw it coming and what savvy traders should watch for next. Traders, let’s talk about what just happened in the market. Last week, we sounded the alarm: the NASDAQ was showing signs of weakness, and we cautioned that sometimes, […]
The tech sector just took a nosedive, but savvy traders know that every market downturn hides a golden opportunity. Join us as we dissect the NASDAQ’s dramatic move and reveal how you can turn this volatility into your next big win. Picture this: You’re sipping your morning coffee, ready to start another day of trading, […]
