Ford approaching resistanceFord is becoming more aggressive in its competition with Tesla. With a $50 billion market cap and expected high sales, many banks and hedge funds shifted attention to Ford, seeing this stock much higher than the current price.
On the technical side we are approaching a strong resistance level, so expecting a consolidation at least with potential pullback before continuation. Once resistance breaks and the candle closes, we can target higher levels.
A-shares
DJI disconnects from the USTech100The disconnection of the DJI and USTech100 has happened before for short amounts of time. In the last limb of price you see this happening.
The question is 'what happens next?' Unfortunately my crystal ball broke a long time ago, and I'm not purchasing a new one on Ebay. 😂
This is one to watch. The H&S on the USTech100 is not predictive.
There are also some disconnections of the so-called 'asian' stock indices from the DJI. Some want to know what it means. I don't care what it means. I follow trends.
Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected if trading live accounts. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Will the Xiaomi share go up again?The Xiaomi shares lost close to 23% of its value since 5th January 2021. Investors are a bit insecure because of some bad news during the past weeks. The USA put Xiaomi on a blacklist, which means that Americans will be banned from buying the shares. Furthermore, there is is a problem with the latest mobile, launched on 8th February 2021. Apparently, the problem has something to do with the battery. Those news are the reason for the dip. In a long-term scenario, the stock will most likely go up again, as the sales figures are rising. Xiaomi will resolve the problem with the phone and as Americans don't hold a lot of shares from Xiaomi, the development will not have a great impact on the long-term trend of the share price. Additionally, the company reached some solidly financial results and has a great philosophy. Long-term investors who are holding Xiaomi shares shouldn't be concerned with the latest development, even though the share price will very likely fall somewhat initially. Also, the next days or weeks might be a good chance to get in and buy some Xiaomi shares.
EQUINOR (EQNR) | Technically a Good Investment OpportunityHi,
Equinor ASA (Norway) , an energy company (lately renewable electricity also), explores for, produces, transports, refines and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally.
Break above the downwards trendline, break above the strong horizontal price zone.
Break confirmed and we can enter around 140-153 NOK.
Good luck,
Vaido
Daimler outlookThe price of Daimler stock is consolidating below the key resistance level of 60. S break to the upside and close of a daily candle opens potential to retest the massive uptrend line, broken in 2018.
Strong support below the current price action: 200SMA, support zone and an uptrend line from the low of the pandemic 2020.
Recent developments in Daimler and massive spending into electric industry provide the fundamental potential to see the price higher.
Good Luck and Stay Healthy!
Pfizer Inc. Ready to Launch The Rocket 🚀🚀🚀💡 Trade Idea
📈 Buy Limit Pfizer Inc. @ 36.70
🎯 Target Profit 43.08
🛑 Stop Loss 34.80
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price was ranging inside a parallel channel near a confluence zone between the daily support and the 61.8% Fibonacci retracement. We have a low volume, but our expectation that it will increase, and this will lead to a breakout of the channel to the upside, and then a huge move to the 43.08 mark.
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Amazon symmetrical triangleAmazon had an amazing run during 2020 as people switched to working from home relying more and more on delivery of goods. After reaching almost $3600 level, AMZN stock pulled back slightly and has now formed a symmetrical triangle on the daily chart. A break to the upside is a good opportunity to buy more, there is also a good resistance zone for more confirmation. A break lower is possible, but it is hard to bet against AMZN, when they are doing so well. Most banks and hedge funds state that AMZN will reach its peak near $4000 mark. The rest of them state that it is already severely overpriced and the correction is coming.
Amazon also announced further funding for the expansion into the grocery industry, creating thousands of new jobs and competing with existing grocery companies. This bodes well for the company as they continue to expand into new markets.
Please support the idea and share your thoughts on AMZN!
Good Luck and Stay Healthy!
Apple breakout! Will it break all time high?This is the first time I publish stocks analysis, after seeing I do really well in this market. That said, I'd like to share my idea with you.
- Apple is showing the beginning of a really good uptrend after breaking the resistance.
- It's the same situation we experienced some days ago. Scroll the chart to the left and see the fractal following the orange arrow.
- The target is around $139, but if it's able to break all time high, it could go up to around $173. I'll explain that later the reason.
AAL Retracement into Long?AAL broke out nicely from the previous resistance (now support) level on a long bullish run. Price has retraced and formed a descending triangle.
Lots of confluence to support a long here. With a TP a the previous high, just pre-gap. My entry at this stage would give me a 72% gain at a Risk to Reward of 7 to 1.
A trade with this R:R ratio means that you could have 6 losing trades in a row, and still make money. These are the kinds of quality trades you should be taking.
I'll be posting more trade ideas week on week. Follow me for more.