Amazon
Short Term - We look to Buy at 3200 (stop at 3080)
Preferred trade is to buy on dips. 20 1day EMA is at 3161. The bias is still for higher levels and we look for any dips to be limited. Previous support located at 3200.
Our profit targets will be 3539 and 3751
Resistance: 3500 / 3700 / 4000
Support: 3200 / 3000 / 2700
Disclaimer – Saxo Bank...
Bitcoin - Intraday - We look to Buy at 46525 (stop at 45747)
Daily signals are bullish. There is no clear indication that the upward move is coming to an end. We look for a temporary move lower. We look to buy dips. 20 4hour EMA is at 46400.
Our profit targets will be 48484 and 49384
Resistance: 48200 / 49000 / 50000
Support: 47000 / 45500 / 44500
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Renault - Short Term - We look to Sell at 25.49 (stop at 26.70)
Price action is forming a bearish flag which has a bias to break to the downside. 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. We look to sell rallies.
Our profit...
Microsoft - Short Term - We look to Buy at 303.35 (stop at 296.56)
We look to buy dips. Previous resistance, now becomes support at 300.00. Trading has been mixed and volatile. The bias is still for higher levels and we look for any dips to be limited.
Our profit targets will be 325.34 and 336.10
Resistance: 320.00 / 340.00 / 350.00
Support: 300.00 /...
Tilray - Short Term - We look to Buy at 7.44 (stop at 6.71)
We look to buy dips. Trading volume is increasing. Previous resistance at 7.20 now becomes support. Last week Marabuzo is located at 8.56. Traded to the highest level in 70 weeks.
Our profit targets will be 9.82 and 10.30
Resistance: 10.00 / 13.50 / 22.00
Support: 7.20 / 5.00 / 2.50
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Ethereum - Intraday - We look to Sell a break of 3298 (stop at 3371)
We are trading at overbought extremes. A higher correction is expected. A break of bespoke support at 3300, and the move lower is already underway.
Our profit targets will be 3103 and 3033
Resistance: 3400 / 3500 / 3600
Support: 3300 / 3200 / 3100
Disclaimer – Saxo Bank Group. Please...
Delivery Hero - Short Term - We look to Sell at 38.86 (stop at 43.29)
We look to set shorts in the early trade. Closed below the 20-day EMA. Previous support, now becomes resistance at 38.00. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 28.41 and 25.19
Resistance: 38.00 / 50.00 / 60.00
Support: ...
Bitcoin - Intraday - We look to Sell a break of 43578 (stop at 44514)
We are trading at overbought extremes. Expect trading to remain mixed and volatile. A break of the recent low at 43600 should result in a further move lower.
Our profit targets will be 41111 and 40211
Resistance: 45500 / 46500 / 48000
Support: 44000 / 43000 / 42000
Disclaimer – Saxo...
Pinterest - Short Term - We look to Buy a break of 26.97 (stop at 25.27)
Trading within the Channel formation. 26.50 continues to hold back the bulls. A break of bespoke resistance at 26.50, and the move higher is already underway. Although the anticipated move higher is corrective, it does offer ample risk/reward today.
Our profit targets will be 31.53 and...
Bionano Genomics - Short Term - We look to Buy a break of 2.52 (stop at 2.25)
A break of yesterdays high would confirm bullish momentum. Posted a Double Bottom formation. The measured move target is 3.36. We look for gains to be extended today.
Our profit targets will be 3.13 and 3.30
Resistance: 2.50 / 3.00 / 4.00
Support: 2.00 / 1.70 / 1.50
Disclaimer –...
Ethereum - Intraday - We look to Buy at 2984 (stop at 2914)
Daily signals are mildly bullish. Short term bias is bullish. 20 4hour EMA is at 2983. There is no clear indication that the upward move is coming to an end.
Our profit targets will be 3178 and 3238
Resistance: 3080 / 3200 / 3300
Support: 3000 / 2920 / 2880
Disclaimer – Saxo Bank Group....
Intel Corporation - Short Term - We look to Sell at 48.40 (stop at 50.05)
A shooting star has been posted as prices reject the higher levels. Previous resistance located at 49.00. We look for losses to be extended today. Price action remained broadly negative yesterday with the early highs being rejected after bullish momentum stalled.
Our profit targets will...
Twitter - Short Term - We look to Sell at 38.01 (stop at 39.89)
We look to sell rallies. Our overall sentiment remains bearish looking for lower levels. A Doji style candle has been posted from the high. Previous resistance located at 39.00.
Our profit targets will be 32.49 and 29.88
Resistance: 39.00 / 45.00 / 50.00
Support: 32.00 / 30.00 / 25.00
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LTCUSD - Intraday - We look to Buy at 113.92 (stop at 111.57)
We look for a temporary move higher. Previous resistance, now becomes support at 114.00. 50 4hour EMA is at 113.00. 6 positive daily performances in succession.
Our profit targets will be 121.78 and 124.15
Resistance: 125.00 / 130.00 / 140.00
Support: 114.00 / 110.00 / 100
Disclaimer – Saxo...
Unity Software - Short Term - We look to Sell at 101.55 (stop at 109.41)
Preferred trade is to sell into rallies. Prices expected to stall near trend line resistance. 50 1day EMA is at 103.50. Our overall sentiment remains bearish looking for lower levels.
Our profit targets will be 74.13 and 67.10
Resistance: 100.00 / 120.00 / 135.00
Support: 90.00 /...
Novavax - Short Term - We look to Buy at 83.80 (stop at 75.92)
Price action has posted a bullish Engulfing Candle and is positive for short-term sentiment. We look for gains to be extended today. Short term oscillators have turned positive. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Our profit targets...
Bitcoin - Intraday - We look to Sell at 44587 (stop at 45606)
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. 45332 has been pivotal. We look for a temporary move higher. Preferred trade is to sell into rallies. Bespoke resistance is located at 44500. Expect trading to remain...
Cloudflare - Short Term - We look to Sell at 122.48 (stop at 132.12)
We look to sell rallies. Bespoke resistance is located at 120.00. The bias is still for lower levels and we look for any gains to be limited. Choppy price action seen. We look for a temporary move higher.
Our profit targets will be 94.27 and 83.10
Resistance: 120.00 / 140.00 / 170.00
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