Ethereum Intraday We look to Sell a break of 1847 (stop at 1896) 2026 has been pivotal. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Short term MACD is moving lower. A break of the recent low at 1848 should result in a further move lower. 50 4hour EMA is at 1872. Short term momentum is bearish. 20...
Merck and Company Short Term We look to Sell at 93.34 (stop at 96.33) We look to sell rallies. Price action looks to be forming a top. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. There is scope for mild buying at the open but gains should be limited. Our profit targets will be 86.55 and 83.96...
Disney Short Term We look to Sell at 129.37 (stop at 134.80) Upward pressure has continued and we are assessed as being in the corrective leg before the next selloff. Preferred trade is to sell into rallies. Our outlook is bearish. There is scope for mild buying at the open but gains should be limited. News events could adversley affect the short term...
Coca-Cola Short Term We look to Buy a break of 64.83 (stop at 63.28) A break of bespoke resistance at 65.50, and the move higher is already underway. We are trading within a Bullish Ascending Triangle formation. The trend of higher lows is located at 63.00. The medium term bias remains bullish. Our profit targets will be 69.02 and 70.90 Resistance: 65.65...
Carnival Corporation Short Term We look to Buy a break of 11.11 (stop at 10.17) A break of yesterdays high would confirm bullish momentum. Posted a Double Bottom formation. The measured move target is 14.11. Further downside is expected and we prefer to set shorts in early trade. Our profit targets will be 14.11 and 16.04 Resistance: 11.00 / 14.17 /...
Bitcoin Intraday We look to Sell at 24818 (stop at 25251) Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. Trading within a Corrective Channel formation. Preferred trade is to sell into rallies. 24800 continues to hold back the bulls. Daily signals are mildly bearish. Our...
Coinbase Short Term We look to Buy at 84.07 (stop at 66.49) Price action looks to be forming a bottom. Price action looks to be forming a bullish flag/pennant. Dips continue to attract buyers. Further upside is expected although we prefer to set longs at our bespoke support levels at 80.00, resulting in improved risk/reward. Expect trading to remain mixed...
Micron Technology Short Term We look to Sell at 66.59 (stop at 70.43) Preferred trade is to sell into rallies. There is scope for mild buying at the open but gains should be limited. The medium term bias remains bearish. Choppy price action seen. Selling spikes offers good risk/reward. Our profit targets will be 52.19 and 41.09 Resistance: 66.00 / 75.00...
Ethereum - Intraday - We look to Buy at 1801 (stop at 1754) Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. Daily signals are mildly bullish. 50 4 hour EMA is at 1770. Bespoke support is located at 1800. We look to buy dips. Our profit targets will be 1919 and 1949 Resistance: 1900...
NVIDIA - Short Term - We look to Buy at 185.00 (stop at 155.00) In line with the possible early stages of a reverse head & shoulders pattern and the strong rejection of dips, we look to set longs in anticipation of a swing higher. With our medium term bias looking to fade gains and the short term bias indicating buying interest we are faced with mixed signals. A...
Litecoin Intraday We look to Buy at 60.09 (stop at 58.15) Following yesterday's bullish candle, the overall trend higher looks set to continue today. Bespoke support is located at 60.00. We look for a temporary move lower. Support could prove difficult to breakdown. Preferred trade is to buy on dips. Our profit targets will be 64.96 and 66.00...
FuelCell Energy Short Term We look to Buy at 4.29 (stop at 3.84) Previous resistance at 4.40 now becomes support. A higher correction is expected. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Buying pressure dominated price action yesterday and we expect this to continue today. Our profit targets will...
Sea Limited Short Term We look to Buy a break of 90.41 (stop at 80.81) A break of bespoke resistance at 90.00, and the move higher is already underway. The trend of higher lows is located at 71.50. Price action looks to be forming a bottom. We look for gains to be extended today. Our profit targets will be 132.30 and 156.28 Resistance: 90.00 / 133.00 /...
Litecoin Intraday We look to Sell at 59.93 (stop at 61.59) Posted a Double Top formation. This is a bearish reversal signal and the lack of progress higher has confirmed a sentiment shift. We can see no technical reason for a change of trend. Preferred trade is to sell into rallies. Further downside is expected. Our profit targets will be 56.03 and 55.00...
Airbnb Short Term We look to Sell at 118.71 (stop at 125.98) Preferred trade is to sell into rallies. Selling continued from the 78.6% pullback level of 117.21. The medium term bias remains bearish. Trading has been mixed and volatile. Our profit targets will be 102.40 and 100.10 Resistance: 119.00 / 124.00 / 136.50 Support: 100.00 / 91.01 / 87.00 ...
Moderna Short Term We look to Sell at 183.71 (stop at 203.39) Preferred trade is to sell into rallies. Previous resistance located at 190.00. Trading within a Bearish Channel formation. Our overall sentiment remains bearish looking for lower levels. The bias is still for lower levels and we look for any gains to be limited. Our profit targets will be...
Ethereum Intraday We look to Buy at 1622 (stop at 1578) The trend of higher lows is located at 1610. We look for a temporary move lower. We look to buy dips. Daily signals are mildly bullish. Our profit targets will be 1739 and 1779 Resistance: 1750 / 1800 / 1900 Support: 1700 / 1650 / 1600 Disclaimer – Saxo Bank Group. Please be reminded – you alone...
GameStop Short Term We look to Buy at 39.54 (stop at 35.95) Preferred trade is to buy on dips. There is scope for mild selling at the open but losses should be limited. This stock has recently been in the news headlines. Further upside is expected although we prefer to set longs at our bespoke support levels at 40.00, resulting in improved risk/reward. Our...