The biggest stocks in the market, from the technology sector, tops on July 2024. Now they are showing some concerning data. The weak RSI and Fibonacci retracement levels perfectly match previous support and resistance levels. There are also other concerning factors. Amazon shows lower levels in the RSI in the latest move-up. It is now behind the pivot line from...
The biggest stocks in the market, from the technology sector, tops on July 2024. Now they are showing some concerning data. The weak RSI and Fibonacci retracement levels perfectly match previous support and resistance levels. There are also other concerning factors. Microsoft is showing a weak RSI in the latest move-ups. Maybe it needs to find liquidity in the...
Google is having resistance in the 0.236 FIB level and is behind the top trend line signaling a more neutral bias. Maybe it needs to find liquidity in the 0.382 FIB level around 150$.
Meta is showing RSI weakness while triple-topping. Maybe it needs to find liquidity in the 0.382 FIB level around 368$.
MZN on a daily chart is in the continuation phase of a cup and handle patter which started In August 2022. Of the Magnificent 7, it has performed better than the rest with the exception of NVDA. The cup and handle pattern suggests continuation to the price level of $ 200 which is similar to the all-time high with 5- 8% added for inflation ( July and...
AAPL on the 60 minute chart is compared on the superimposed indicator on its own scale the RSI for a similar time frame. The chart shows that AAPL has sunk to its price level in the pre-earnings period two weeks ago. At present, price and RSI are running in parallel and RSI is a litle higher than price while on its own scale. Price is currently near to the...
An outlook on Apple for the short term and long term outlook. As well as Macro Outlook on Stock. How will January play out. Will that give us a good read on the rest of 2024. How should we navigate the 1st and 2nd half of the year
Monthly chart: magnificent seven Impressive increase, with a performance of 125.48% The year was rich for the American technology sector. Good year ! 🚀
We have seen the Magnificent 7 (Apple, Microsoft, Google, Amazon, Nvdia, Meta, Tesla) underperform on this rally since the October Low relative to the rest of the Nasdaq index (NDX). The former can be seen on the left chart while the latter on the right. This goes so far against the aggressive nature of the Magnificent 7 (M7), which have outperformed Nasdaq on all...
Hello Traders, welcome to today's analysis of Apple. I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
In previous threads looking at SPY: SPY - Did We Bottom, Or Is Manipulation Coming? Nasdaq Nasdaq Futes - You Wanted a Dip For That 'Santa Rally,' Aye? And ES SPX ES - Welcome To The Fourth Quarter Rodeo We've noted that both the extreme bear and extreme bull cases are dubious. After the five day 8% rally to start the month, we warned that...
I have recent calls on the SPX SPX ES - Welcome To The Fourth Quarter Rodeo The Nasdaq Nasdaq Futes - You Wanted a Dip For That 'Santa Rally,' Aye? SPY SPY - Did We Bottom, Or Is Manipulation Coming? And Tesla Tesla - Remember, The Ponzi Always Continues Which generally have a bullish-into-year-end thesis accompanying them, but caution...
NASDAQ:MSFT NASDAQ:NVDA NASDAQ:GOOG NASDAQ:AMZN NASDAQ:INTC NASDAQ:AMD As the common market motion is embracing a recession, one of Bloomberg's Magnificent 7 fights hard to keep a stiff upper lip. But not only as the signs of the times currently stand, but also by their own decisions, NVIDIA will get in turmoil. Background In my view (working in IT...
FNGD to go back down to $8.50 before target of $10.51 Nxt I'm expecting a little retracement back to $8.51 with buy limits set from 8.88 down to 8.51 Take Profits at $10.17 and $10.51 Expect to retrace again and coil up. People will be talking about bears taking over, but the Santa rally will cheer bulls up and give them hope... meanwhile we are playing both...