Alphabet
Short Term - We look to Buy at 2524.87 (stop at 2472.74)
We look to buy dips. Previous support located at 2500.00. The medium term bias remains bullish. Although this gives the medium term bias a mild bearish edge, we expect intraday trading to continue to be mixed and volatile. Trading close to the psychological 2500.00 level.
Our profit targets...
CrowdStrike
Short Term - We look to Sell at 224.99 (stop at 242.70)
Preferred trade is to sell into rallies. Selling continued from the 61.8% pullback level of 241.77. 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 profit targets will be 151.00 and 131.00...
Ethereum
Intraday - We look to Sell a break of 3058 (stop at 3101)
Daily signals are mildly bearish. A break of the recent low at 3060 should result in a further move lower. There is no clear indication that the downward move is coming to an end. Short term MACD has turned negative.
Our profit targets will be 2951 and 2901
Resistance: 3120 / 3150 /...
Microsoft
Short Term - We look to Buy at 273.03 (stop at 269.68)
Preferred trade is to buy on dips. A higher correction is expected. Previous support located at 280.00. 280.00 continues to hold back the bears. The bias is still for higher levels and we look for any dips to be limited.
Our profit targets will be 302.57 and 309.50
Resistance: 300.00 /...
Advanced Micro Devices
Short Term - We look to Sell at 102.78 (stop at 111.05)
Preferred trade is to sell into rallies. Previous support at 100.00 now becomes resistance. 20 1day EMA is at 107.00. Short term oscillators have turned negative. Trading close to the psychological 100.00 level.
Our profit targets will be 74.92 and 69.10
Resistance: 100.00 /...
Bitcoin
Intraday - We look to Buy at 39525 (stop at 38888)
Trend line support is located at 39500. The spike lower found buying interest and prices moved quickly higher. We are trading at oversold extremes. Prices expected to stall near trend line support. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail....
NVIDIA
Short Term - We look to Buy at 211.77 (stop at 202.40)
Preferred trade is to buy on dips. We are trading at oversold extremes. We look for a temporary move higher. Although the anticipated move higher is corrective, it does offer ample risk/reward today.
Our profit targets will be 240.26 and 284.00
Resistance: 250.00 / 300.00 / 340.00
Support:...
Etsy
Short Term - We look to Sell at 112.96 (stop at 122.95)
Posted a Bearish Outside candle on the Daily chart. We look for losses to be extended today. Our short term bias remains negative. A Fibonacci confluence area is located at 89.40. Further downside is expected and we prefer to set shorts in early trade.
Our profit targets will be 89.34 and 71.20...
Bitcoin
Intraday - We look to Buy at 39505 (stop at 38888)
Trend line support is located at 41148. The spike lower found buying interest and prices moved quickly higher. We are trading at oversold extremes. Prices expected to stall near trend line support. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail....
Disney
Short Term - We look to Sell a break of 128.13 (stop at 131.49)
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. Continued downward momentum from 160.00 resulted in the pair posting net daily losses...
Wells Fargo
Short Term - We look to Sell at 52.76 (stop at 54.67)
Preferred trade is to sell into rallies. There is scope for mild buying at the open but gains should be limited. Bespoke resistance is located at 52.00. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 46.89 and 44.53
Resistance: 52.00...
Litecoin
Intraday - We look to Sell at 111.04 (stop at 113.76)
Preferred trade is to sell into rallies. Previous support, now becomes resistance at 110.00. The trend of lower highs is located at 115.00. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 101.10 and 98.20
Resistance: 110.00 / 115.00 /...
Cisco Systems
Short Term - We look to Sell a break of 53.44 (stop at 54.96)
There was little net movement as we continue to consolidate within the 54.00 - 57.00 range. Mild losses have been posted and our bias turns to the downside. We look for losses to be extended today. Further downside is expected, however, due to the strong support below we prefer to...
ING Groep
Short Term - We look to Sell at 9.90 (stop at 10.24)
Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 10.00, resulting in improved risk/reward. Trading close to the psychological 10.00 level. Price action is forming a bearish flag which has a bias to break to the downside. There is scope for mild...
Bitcoin
Intraday - We look to Buy a break of 44066 (stop at 43298)
Daily signals are mildly bullish. Price action continued to range between key support & resistance (43000 - 44000) although we expect a break of this range soon. A break of bespoke resistance at 44000, and the move higher is already underway. We look for a temporary move higher. The trend of...
Lucid Group
Short Term - We look to Buy at 22.03 (stop at 20.23)
We look to buy dips. Previous support located at 22.00. Although the anticipated move higher is corrective, it does offer ample risk/reward today. We look for a temporary move higher.
Our profit targets will be 26.24 and 29.35
Resistance: 30.00 / 37.00 / 45.00
Support: 22.00 / 20.00 /...
Advanced Micro Devices
Short Term - We look to Buy at 101.31 (stop at 96.59)
We look to buy dips. 100.00 continues to hold back the bears. Trading close to the psychological 100.00 level. We expect a move higher in a corrective sequence, targeting Fibonacci retracement levels.
Our profit targets will be 114.62 and 123.06
Resistance: 120.00 / 145.00 /...
Ethereum
Intraday - We look to Sell a break of 3139 (stop at 3201)
Short term momentum is bearish. There is no indication that the selloff is coming to an end. A break of yesterdays low would confirm bearish momentum. We look for losses to be extended today.
Our profit targets will be 2984 and 2924
Resistance: 3300 / 3380 / 3480
Support: 3200 / 3100 /...
