Bitcoin
Intraday - We look to Buy at 30533 (stop at 29948)
Short term bias has turned positive. Previous resistance at 30500 now becomes support. 20 4hour EMA is at 30500. We look for a temporary move lower.
Our profit targets will be 31987 and 32487
Resistance: 32000 / 33000 / 34000
Support: 31500 / 31000 / 30505
Disclaimer – Saxo Bank Group. Please...
Apple
Short Term - We look to Sell at 154.48 (stop at 160.14)
Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 155.00, resulting in improved risk/reward. Posted a Double Top formation. The bias is still for lower levels and we look for any gains to be limited. Intraday rallies continue to attract sellers and...
Litecoin
Intraday - We look to Sell at 66.96 (stop at 68.79)
Further downside is expected and we prefer to set shorts in early trade. Previous support, now becomes resistance at 67.00. We have a 50% Fibonacci pullback level of 67.18 from 73.92 to 60.45. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell...
Besi
Short Term - We look to Sell at 60.02 (stop at 63.16)
Preferred trade is to sell into rallies. We are trading at overbought extremes. Previous support at 60.00 now becomes resistance. There is scope for mild buying at the open but gains should be limited. Trading has been mixed and volatile.
Our profit targets will be 48.54 and 37.98
Resistance:...
Delivery Hero
Short Term - We look to Sell at 36.97 (stop at 41.04)
We look to set shorts in the early trade. Previous support at 37.00 now becomes resistance. A sequence of weekly lower lows and highs has been posted. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 27.86 and 25.19
Resistance: 37.00...
Litecoin
Intraday - We look to Sell at 66.78 (stop at 68.61)
Further downside is expected and we prefer to set shorts in early trade. Previous support, now becomes resistance at 67.00. Our outlook is bearish. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell into rallies.
Our profit targets will be 60.60...
Context Logic
Short Term - We look to Sell at 1.64 (stop at 1.79)
A Doji style candle has been posted from the high. The medium term bias remains bearish. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell into rallies.
Our profit targets will be 1.22 and 1.19
Resistance: 1.65 / 1.85 / 2.50
Support:...
Clover Health
Short Term - We look to Sell at 2.83 (stop at 3.09)
Our outlook is bearish. We are assessed to be in a corrective mode higher. There is scope for mild buying at the open but gains should be limited. Preferred trade is to sell into rallies.
Our profit targets will be 2.03 and 1.86
Resistance: 2.90 / 3.25 / 3.90
Support: 2.00 / 1.50 / 1.00
...
Bitcoin
Intraday - We look to Sell a break of 28488 (stop at 29009)
28561 has been pivotal. A break of bespoke support at 28500, and the move lower is already underway. Daily signals are bearish. There is no clear indication that the downward move is coming to an end.
Our profit targets will be 27207 and 26807
Resistance: 30000 / 31000 / 32000
Support:...
Pfizer
Short Term - We look to Sell at 54.62 (stop at 56.31)
Bespoke resistance is located at 54.70. A move higher faces tough resistance and we remain cautious on upside potential. Selling spikes offers good risk/reward. Further downside is expected although we prefer to sell into rallies close to the 54.60 level. Trading has been mixed and volatile.
Our...
Moderna
Short Term - We look to Sell at 149.49 (stop at 160.31)
Preferred trade is to sell into rallies. Closed below the 20-day EMA. Trades with a bearish descending triangle formation. Our overall sentiment remains bearish looking for lower levels. We look to set shorts in the early trade.
Our profit targets will be 123.84 and 103.50
Resistance: 150.00...
Litecoin
Intraday - We look to Buy at 65.02 (stop at 62.98)
Price action continues within the short-term bearish trend channel. Previous support located at 65.00. A move lower faces tough support and we remain cautious on downside potential. Trading has been mixed and volatile.
Our profit targets will be 73.19 and 85.00
Resistance: 74.00 / 82.70 /...
Renault
Short Term - We look to Sell at 25.20 (stop at 26.10)
Preferred trade is to sell into rallies. Bespoke resistance is located at 25.50. 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 21.71 and 19.51
Resistance: 25.50 / 28.00 /...
Postnl
Short Term - We look to Sell at 3.22 (stop at 3.36)
Preferred trade is to sell into rallies. Trend line resistance is located at 3,25. Previous resistance located at 3.25. There is scope for mild buying at the open but gains should be limited.
Our profit targets will be 2.94 and 2.87
Resistance: 3.30 / 3.50 / 3.67
Support: 3.00 / 2.63 / 2.20
...
Ethereum
Intraday - We look to Buy at 1911 (stop at 1858)
We look to buy dips. 1901 has been pivotal. We are trading at oversold extremes.
Our profit targets will be 2048 and 2088
Resistance: 2000 / 2080 / 2160
Support: 1900 / 1800 / 1700
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and...
CrowdStrike
Short Term - We look to Sell at 156.68 (stop at 167.00)
Preferred trade is to sell into rallies. Price action is forming a bearish flag which has a bias to break to the downside. Short term oscillators are moving lower. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our outlook is bearish....
Plug Power
Short Term - We look to Sell at 18.09 (stop at 19.96)
We look to sell rallies. The 50% Fibonacci retracement is located at 18.09 from 23.49 to 12.70. Short term bias is bearish. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 12.73 and 11.23
Resistance: 18.50 / 23.30 / 31.70
Support: 12.70...
Micron Technology
Short Term - We look to Buy at 66.27 (stop at 64.82)
Preferred trade is to buy on dips. Previous support located at 66.00. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Expect trading to remain mixed and volatile. Dips continue to attract buyers.
Our profit targets will be 71.40 and 74.49...
