NASDAQ:OKTA #OKTA is currently testing a significant level where a couple of broken wedges are being tested. For this one, I may reinforce the analysis later on with some more insights early next week. #AHMEDMESBAH
NASDAQ:TSLA #TESLA Is currently testing a significant 4 years old wedge for the 3rd time. The stock has lost more than 60% in the last 10 months. Inflation and Tesla's layoffs are the obvious drivers for the recent fall. Below current level, is a free fall to a hard to anticipate zones. Keep it simple. #AHMEDMESBAH
NASDAQ:AMBA #Ambarella is currently testing a significant level. The lower wedge of a 10 years old extended channel . This is the 6th time the band is being tested. Even though testing a wedge several times weakens it. However, below it is almost a technical free fall zone to the 11: 12$ mark. Keep it simple. #AHMEDMESBAH
NASDAQ:AAPL Has just broke out of a consistent channel that was formed in September 22. Anticipating a target of +168 next few weeks #AHMEDMESBAH
Anticipating BITFINEX:BTCUSD to dive deeper back to the 7k mark. Based on the significant wedge that been respected every time it consolidates around it. On 2k, 3k, 4k and the next is timed around 7k. #AHMEDMESBAH
ECONOMICS:USIRYY A 107 year old interesting US Inflation rate chart from 1914. Technically speaking, inflation has come to an interesting range. #USINFLATION #INFLATION #STOCKS #AHMEDMESBAH
296 is the last chance for bulls to keep the uptrend for NASDAQ:FB and is the distal line for the recent demand responsible for the last uptrend. However, 299.50 could be an early sign, if breached then there is a chance to break lower than 296. Follow, like and share for more updates... #AHMEDMESBAH
A trader job is to react, not to predict. BINANCE:ADAUSD is meeting a hidden channel upper wedge where it has reacted several times for over a year. Its a big probability that price to react off it to the downside. If that's the case, it will either form a right shoulder and then rally again to try out breaking the same wedge or keep reacting off it to the...
BITFINEX:ADAUSD Is currently reacting to a major support and a huge demand that took the price from 1 to 3 from July to september last year. Follow for more updates... #AHMEDMESBAH
NASDAQ:FB Breakout at this time isn't quite ideal. However, there is a chance of decent rally to 370. Follow and like for more updates... #AHMEDMESBAH
NYSE:PFE is currently testing the breakout zone, anticipating to retest recent highs again 61.70 Follow for more updates... #AHMEDMESBAH
TVC:DXY recent triangle on daily chart has just been broken. It's hard to anticipate whether price to slide further considering year end. Follow and like for more updates.. #AHMEDMESBAH
Watch out SKILLING:NATGAS for that upcoming push if price to close somewhere above 4. 40 Follow for more updates.. #AHMEDMESBAH
It's been a bloodbath for NASDAQ:PYPL over the Q3 and Q4 this year, it has lost about 40% so far, will it take off next year? Follow for more updates... #AHMEDMESBAH
COINBASE:BTCUSD Fresh breakout of the recent descending channel is supporting the additional evidences mentioned before on weekly chart. I am anticipating a retest of 58k next few weeks. It is ideal to wait for the next weekly retest to buy from a cheaper price. If price retests the 200 ma once again, then watch out for the 47600 : 48000 zone. Follow and like for...
FX_IDC:NZDUSD Is setting on a crucial zone where a 6 month demand zone is in control as well as the lower wedge of the current descending channel. Follow and like for more updates... #AHMEDMESBAH
Current zone on BITSTAMP:BTCUSD has been holding quite well last few days, gives us some confidence of trying out 53k 1 more time. #AHMEDMESBAH
BITSTAMP:BTCUSD Bulls are fighting hard, they need to defend the zone 46,500 : 45,500 Its a good sign that current weekly close was above 46500. Next week is crucial for bulls, as they need any close above 46800 to prepare an impulsive wave and breakout the minor descending wedge illustrated above. Please follow and like for more updates.. #AHMEDMESBAH