GameStop - Short Term - We look to Sell a break of 118.66 (stop at 132.19)
Rallies continue to attract sellers. Daily signals are bearish. Trading volume is increasing. The bias is still for lower levels and we look for any gains to be limited. We look to set shorts in the early trade.
Our profit targets will be 62.74 and 42.00
Resistance: 160.00 / 200.00...
Google - Short Term - We look to Sell at 2782.42 (stop at 2865.00)
We look to sell rallies. Previous support level of 2800.00 broken. Trading volume is increasing. The bias is still for lower levels and we look for any gains to be limited. Closed below the 20-day EMA. We look to set shorts in the early trade.
Our profit targets will be 2624.41 and 2500.00
...
Bitcoin - Intraday - We look to Buy at 40751 (stop at 40168)
Dips continue to attract buyers. We look for a temporary move lower. With signals for sentiment at oversold extremes, the dip could not be extended.
Our profit targets will be 43395 and 43900
Resistance: 42800 / 43500 / 44000
Support: 42000 / 41000 / 40500
Disclaimer – Saxo Bank Group. Please...
Alphabet - Short Term - We look to Sell at 2807.00 (stop at 2861.00)
We look to sell rallies. Previous support level of 2800.00 broken. Trading volume is increasing. 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 bespoke resistance levels at 2800.00, resulting in...
Tesco - Short Term - We look to Buy at 284.00 (stop at 275.00)
Preferred trade is to buy on dips. 50 1day EMA is at 282.00. The bias is still for higher levels and we look for any dips to be limited. Daily signals are bullish. Dip buying offers good risk/reward.
Our profit targets will be 308.00 and 320.00
Resistance: 300.00 / 310.00 / 320.00
Support: ...
Marathon Digital Holdings - Short Term - We look to Sell at 33.35 (stop at 38.33)
We look to sell rallies. Previous support, now becomes resistance at 32.00. 20 1day EMA is at 34.00. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 21.26 and 19.75
Resistance: 32.00 / 40.00 / 50.00
Support: 25.00 /...
Amazon - Short Term - We look to Buy at 3301.00 (stop at 3121.00)
Trading within a Bullish Channel formation. Previous support located at 3200.00. Previous resistance located at 3800.00. A bullish hammer has been posted as prices reject the lower levels. We continue to expect further losses to be limited and look to set longs for a further drive higher within...
Ethereum - Intraday - We look to Sell at 3233 (stop at 3304)
We look to sell rallies. There is no indication that the selloff is coming to an end. 20 4hour EMA is at 3240. The bias is still for lower levels and we look for any gains to be limited. Risk/Reward would be poor to call a sell from current levels.
Our profit targets will be 3086 and 3012
...
Meta Platforms - Short Term - We look to Buy at 328.00 (stop at 319.00)
Price action has posted a bullish Hammer and is positive for short-term sentiment. Bespoke support is located at 325.00. We look for gains to be extended today. Previous resistance located at 350.00. Risk/reward is ample to call a buy trade.
Our profit targets will be 352.00 and 360.00
...
Coinbase - Short Term - We look to Buy at 224.00 (stop at 213.00)
Previous support located at 225.00. Posted a Bullish Hammer Bottom on the Daily chart. We look for a temporary move higher. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Risk/reward is ample to call a buy trade.
Our profit targets will be...
Bitcoin - Intraday - We look to Buy at 40604 (stop at 39888)
With signals for sentiment at oversold extremes, the dip could not be extended. 41517 has been pivotal. Offers ample risk/reward to buy at the market. Bullish divergence is expected to support prices. We continue to expect further losses to be limited and look to set longs for a further drive higher...
Fastly - Short Term - We look to Sell at 33.50 (stop at 37.10)
Previous support, now becomes resistance at 34.00. There is no indication that the selloff is coming to an end. 20 1day EMA is at 36.50. 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 bespoke resistance...
Bitcoin - Short Term - We look to Buy at 40039 (stop at 38787.0)
Previous support located at 40000. The bias is still for higher levels and we look for any dips to be limited. We are trading at oversold extremes. Further upside is expected although we prefer to set longs at our bespoke support levels at 40000, resulting in improved risk/reward. Risk/Reward...
Tesla - Short Term - We look to Buy at 1082 (stop at 1029)
The medium term bias remains bullish. We have a Gap open at 1056.78 from 31/12/2021 to 03/01/2022. The trend of higher lows is located at 1050. Bespoke support is located at 910. Preferred trade is to buy on dips.
Our profit targets will be 1248 and 1400
Resistance: 1201 / 1243 / 1300
Support: ...
Bitcoin - Intraday - We look to Buy at 46555 (stop at 45267)
Preferred trade is to buy on dips. Previous support located at 46000. Further upside is expected and we look to set longs in early trade. Previous resistance located at 52000. Risk/reward is ample to call a buy trade.
Our profit targets will be 51661 and 53000
Resistance: 49000 / 50000 / 51000
...
Ethereum - Intraday - We look to Buy at 3648 (stop at 3574)
We look to buy dips. Previous support located at 3650. Intraday signals are mildly bullish. The bias is still for higher levels and we look for any dips to be limited. Further upside is expected although we prefer to set longs at our bespoke support levels at 3650, resulting in improved risk/reward....
CrowdStrike Holdings - Short Term - We look to Sell at 198.40 (stop at 207.60)
There is no indication that the selloff is coming to an end. Previous support level of 200.00 broken. 20 1day EMA is at 210.00. Trading volume is increasing. Yesterday's move lower brings an end to the run of consecutive higher lows. Further downside is expected and we prefer to set...
Amazon - Short Term - We look to Buy at 3408.30 (stop at 3307.80)
Daily signals are bullish. Closed above the 200-day MA. Trend line support is located at 3335.00. 3300.00 continues to hold back the bears. This is positive for sentiment and the uptrend has potential to return. Further upside is expected and we look to set longs in early trade.
Our profit...
