Li Auto Short Term - We look to Sell at 22.46 (stop at 24.15) Preferred trade is to sell into rallies. The medium term bias remains bearish. The trend of lower highs is located at 29.60. The bias is still for lower levels and we look for any gains to be limited. Our profit targets will be 16.90 and 16.22 Resistance: 22.50 / 25.00 / 30.00 Support: 100.00...
Alstom Short Term - We look to Sell at 21.65 (stop at 22.65) A shooting star has been posted as prices reject the higher levels. Posted a Bearish Outside candle on the Daily chart. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 21.65, resulting in improved risk/reward. We have a 61.8% Fibonacci pullback level...
Gravity Short term - We look to Sell a break of 48.50 (stop at 51.00) The move lower is mixed and volatile, common in corrective sequences. Price action has posted a bearish Hanging Man and is negative for short-term sentiment. Downward pressure has continued and the previous support area of 48.51 - 48.77 is under threat. A break of 48.50 is needed to confirm...
Ethereum Intraday - We look to Sell a break of 2794 (stop at 2844) Daily signals are bearish. A break of the recent low at 2798 should result in a further move lower. Prices are extending lower from the bearish flag/pennant formation. There is no clear indication that the downward move is coming to an end. Our profit targets will be 2664 and 2614...
NVIDIA Short Term - We look to Sell at 212.65 (stop at 225.34) Our bespoke support of 210.00 has been clearly broken. Closed below the 20-day EMA. Mixed and choppy price action resulted in the early move lower being sustained and prices closing lower. The 61.8% fibonacci extension level is the target. Our profit targets will be 160.25 and 124.10...
Alphabet Short Term - We look to Sell at 2458.30 (stop at 2544.79) Preferred trade is to sell into rallies. Previous support level of 2500.00 broken. Trading volume is increasing. The bias is still for lower levels and we look for any gains to be limited. Trading has been mixed and volatile. We look to set shorts in the early trade. Our profit targets will...
Bitcoin Intraday - We look to Buy at 40004 (stop at 39398) The trend of higher lows is located at 39900. We look for a temporary move lower. We look to buy dips. Our profit targets will be 41474 and 41974 Resistance: 40800 / 41500 / 41800 Support: 40000 / 39500 / 39200 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for...
Carlsberg Short Term - We look to Sell at 972 (stop at 1037) Preferred trade is to sell into rallies. We have a 61.8% Fibonacci pullback level of 984 from 1131 to 747. 200 1day MA is at 1012. Previous resistance located at 980. Our profit targets will be 747 and 712 Resistance: 900 / 980 / 1100 Support: 800 / 750 / 700 Disclaimer – Saxo Bank Group....
Nike Short Term - We look to Sell at 136.07 (stop at 140.63) Bespoke resistance is located at 140.00. Posted a Bearish Outside candle on the Daily chart. The bias is still for lower levels and we look for any gains to be limited. The primary trend remains bearish. Daily signals are bearish. Our profit targets will be 119.93 and 111.01 Resistance: 140.00...
Litecoin - Intraday - We look to Sell at 115.29 (stop at 119.36) Preferred trade is to sell into rallies. Previous resistance located at 115.00. 50 1day EMA is at 114.50. Selling continued from the 38.2% pullback level of 114.10. Our profit targets will be 101.87 and 95.10 Resistance: 115.00 / 120.00 / 134.00 Support: 110.00 / 105.00 / 100.00 ...
Palantir Technology - Short Term - We look to Buy at 12.46 (stop at 11.59) A bullish reverse Head and Shoulders is forming. A break of 14.87 is needed to confirm follow through bullish momentum. The medium term bias remains bullish. Preferred trade is to buy on dips. News events could adversley affect the short term technical picture. Expect trading to remain...
GameStop - Short Term - We look to Buy at 138.50 (stop at 125.95) Price action looks to be forming a bottom. As this corrective sequence continues we look to set longs on a dip at better risk/reward levels. Levels close to the 50% pullback level of 138.50 found buyers. Further upside is expected although we prefer to set longs at our bespoke support levels at...
Amazon - Short Term - We look to Buy at 3080 (stop at 2962) A bullish reverse Head and Shoulders is forming. A break of 3416 is needed to confirm follow through bullish momentum. The medium term bias remains bullish. Preferred trade is to buy on dips. News events could adversley affect the short term technical picture. Expect trading to remain mixed and...
Bitcoin Intraday - We look to Buy a break of 42303 (stop at 41691) Short term momentum is bullish. There is no clear indication that the upward move is coming to an end. A break of the recent high at 42200 should result in a further move higher. We look for gains to be extended today. Our profit targets will be 43888 and 44488 Resistance: 42500 / 43500 /...
Ethereum Intraday - We look to Sell at 3297 (stop at 3351) Daily signals are mildly bearish. We look for a temporary move higher. 3308 has been pivotal. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Our profit targets will be 3163 and 3113 Resistance: 3200 / 3250 / 3300 Support: 3100 / 3080 / 3000 ...
Solutions 30 Short Term - We look to Buy at 6.05 (stop at 5.71) We look to buy dips. Previous support located at 6.00. A higher correction is expected. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Our profit targets will be 7.05 and 7.45 Resistance: 7.00 / 8.00 / 9.00 Support: 6.00 / 5.00 / 4.00 Disclaimer...
Disney Short Term - We look to Sell at 127.19 (stop at 131.94) A break of bespoke support at 130.00, and the move lower is already underway. Trades with a bearish descending triangle formation. Our outlook is bearish. The trend of lower highs is located at 142.00. News events could adversley affect the short term technical picture. Our profit targets...
Bitcoin Intraday - We look to Buy a break of 41606 (stop at 40828) Short term momentum is bullish. 41557 has been pivotal. A break of bespoke resistance at 41600, and the move higher is already underway. Price action is forming a bullish flag which has a bias to break to the upside. Our profit targets will be 43646 and 44346 Resistance: 41600 / 42000 /...