Plug Power - Short Term - We look to Sell at 24.46 (stop at 27.27) We look to sell rallies. Previous support at 24.00 now becomes resistance. The bias is still for lower levels and we look for any gains to be limited. Our overall sentiment remains bearish looking for lower levels. Further downside is expected although we prefer to set shorts at our bespoke...
Nikola Corporation - Short Term - We look to Sell at 9.22 (stop at 10.48) Preferred trade is to sell into rallies. Previous support, now becomes resistance at 9.50. 50 1day EMA is at 9.65. The primary trend remains bearish. Our overall sentiment remains bearish looking for lower levels. Our profit targets will be 5.09 and 4.10 Resistance: 9.50 / 10.00 /...
Micron Technology - Short Term - We look to Buy at 79.23 (stop at 73.95) Preferred trade is to buy on dips. We have a 61.8% Fibonacci pullback level of 78.15 from 65.60 to 98.45. The bias is still for higher levels and we look for any dips to be limited. Previous resistance located at 96.50. Offers ample risk/reward to buy at the market. Our profit targets...
Ethereum - Intraday - We look to Sell at 2749 (stop at 2851) Daily signals are bearish. Trading within a Corrective Channel formation. Reverse trend line resistance comes in at 2730. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. 20 1day EMA is at 2790. We look for a temporary move higher. Our profit targets...
Visa - Short Term - We look to Buy at 217.06 (stop at 208.56) We look to buy dips. Previous resistance level of 220.00 broken. 50 1day EMA is at 213.50. 20 1day EMA is at 213.00. The bias is still for higher levels and we look for any dips to be limited. Our profit targets will be 236.42 and 246.98 Resistance: 237.00 / 250.00 / 260.00 Support: 220.00 /...
Bitcoin - Intraday - We look to Sell a break of 35488 (stop at 36444) A break of the recent low at 35500 should result in a further move lower. Bespoke support is located at 35500. There is no clear indication that the downward move is coming to an end. The bias is to break to the downside. Daily signals are bearish. We look for losses to be extended today....
Avacta Group - Short Term - We look to Sell at 99.10 (stop at 112.85) Preferred trade is to sell into rallies. Previous support level of 105.00 broken. 50 1day EMA is at 100.00. Previous support at 105.00 now becomes resistance. Trading close to the psychological 100.00 level. Further downside is expected although we prefer to set shorts at our bespoke...
Prosus - Short Term - We look to Buy at 68.11 (stop at 65.01) We look to buy dips. Trading within the Channel formation. Previous support located at 68.00. Previous resistance located at 80.00. The bias is still for higher levels and we look for any dips to be limited. Our profit targets will be 77.39 and 80.50 Resistance: 80.00 / 90.00 / 100.00 Support:...
Carrefour - Short Term - We look to Buy a break of 18.15 (stop at 17.62) Posted a bullish Flag formation. A break of 18.00 is needed to confirm the outlook. 20 1day EMA is at 17.30. The stock is expected to outperform in its sector. 17.50 continues to hold back the bears. Our profit targets will be 19.99 and 21.10 Resistance: 18.50 / 20.00 / 22.00 ...
Lucid Group - Short Term - We look to Sell at 35.20 (stop at 38.50) Previous support level of 36.00 broken. Previous support at 36.00 now becomes resistance. Closed below the 20-day EMA. Our overall sentiment remains bearish looking for lower levels. Preferred trade is to sell into rallies. Our profit targets will be 24.30 and 22.30 Resistance: 36.00 /...
Bitcoin - Intraday - We look to Sell at 40468 (stop at 41404) Daily signals are bearish. We are trading at oversold extremes. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. 50 4hour EMA is at 39300. Previous support, now becomes resistance at 40500. Our profit targets will be 38008 and 37118 Resistance: ...
NVIDIA - Short Term - We look to Buy at 223.00 (stop at 203.00) Preferred trade is to buy on dips. Levels close to the 50% pullback level of 231.07 found buyers. Trend line support is located at 210.00. The stock is currently outperforming in its sector. The bias is still for higher levels and we look for any dips to be limited. Our profit targets will be...
Bitcoin - Intraday - We look to Buy a break of 37101 (stop at 36398) We are trading at oversold extremes. A break of yesterdays high would confirm bullish momentum. Mixed and choppy price action resulted in the early move lower being rejected and prices closed higher. 20 1day EMA is at 40600. A higher correction is expected. With signals for sentiment at...
Wells Fargo - Short Term - We look to Buy at 52.00 (stop at 50.30) We look to buy dips. 50 1day EMA is at 51.50. Buying continued from the 50% pullback level of 52.56. Posted a Bullish Hammer Bottom on the Daily chart. Previous resistance, now becomes support at 51.00. Our profit targets will be 58.10 and 61.45 Resistance: 55.00 / 59.00 / 65.00 Support: ...
Tesla - Short Term - We look to Buy at 900 (stop at 847) Posted a Bullish Hammer Bottom on the Daily chart. Previous support located at 900. Trading within a Bullish Channel formation. Expect trading to remain mixed and volatile. 900 continues to hold back the bears. Offers ample risk/reward to buy at the market. Our profit targets will be 1112 and 1190 ...
Ethereum - Intraday - We look to Sell at 2446 (stop at 2535) We are trading at oversold extremes. There is no clear indication that the downward move is coming to an end. We look for a temporary move higher. The trend of lower highs is located at 2530. 20 1hour EMA is at 2445. Preferred trade is to sell into rallies. A lower correction is expected. Our profit...
Sundial Growers - Short Term - We look to Sell at 0.5245 (stop at 0.5700) Previous support level of 0.5400 broken. The trend of lower highs is located at 0.6660. Previous support, now becomes resistance at 0.5400. The bias is still for lower levels and we look for any gains to be limited. Further downside is expected although we prefer to set shorts at our...
Li Auto - Short Term - We look to Sell a break of 26.98 (stop at 28.34) Trading within the Channel formation. The bias is still for lower levels and we look for any gains to be limited. Previous support located at 28.00. A break of 28.00 is needed to confirm follow through negative momentum. Risk/Reward would be poor to call a sell from current levels. Our...