US 30: Intraday Technical AnalysisAs mentioned yesterday the price was expected to test supports from where long positions were recommended with targets of 31600 and 31900. The price took support from 31400 instead of 31200 from where long positions were taken and both targets of 31600 and 31900 were achieved. The price is expected to continue the upward momentum today. My target is to wait for the price to test the supports of 31600 and 31200 from where my goal is going to be the resistance of 32000.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics
Nyse
TWLO/USD Daily TA Neutral BullishTWLO/USD Daily neutral with a bullish bias. *Twilio has fallen 81% from its ATH ($457.65) and is approaching the end of a massive Falling Wedge from March 2021.* Recommended ratio: 55% TWILIO, 45% cash. Price is currently testing the lower trendline of the Falling Wedge from March 2021 at $100.65 support. Volume has been shrinking since early May as Price trades within the second largest supply/demand zone on the chart; this is mildly bullish as it is indicative of an incoming breakout (due to it being a Falling Wedge the bias is to the upside). Parabolic SAR flips bullish at $105, this is mildly bullish. RSI is currently trending down slightly at 40 as it continues testing 37.47 support for the sixth consecutive session. Stochastic remains bullish and is currently trending up at 85; the next resistance is at max top. MACD remains bullish and is currently trending up slightly at -10; the next likely target is a test of the descending trendline from May 2020 at -4.57 resistance. ADX is currently trending sideways at 33 as Price is attempting to establish support at $100, this is neutral at the moment. If Price is able to defend $100.65 support then the next likely target is a test of the upper trendline of the Falling Wedge at $120-$125 (this is also the largest supply/demand zone on the chart) before potentially breaking out of the formation to the upside. However, if Price breaks down below the lower trendline of the Falling Wedge at $92.60, the next likely target is a test of $70 support. Mental Stop Loss: (two consecutive closes below) $95.50.
Coca-Cola bullish target 70.32Hey trader!
In this analysis I will review why Coca-Cola has the potential to reach a target at 70.32 .
Since the last drop in price at 57.50 , the stock has had a good bullish trend where new resistance levels were formed at 67.20 , and 66.37 .
However, the price fell from the strong trend and landed at 59.66 which is now a newly formed support level.
Now the stock has the potential to strengthen again and make a new trend which has a target at 70.32 .
Happy trading trader!
WAT 100MA BouncePrice has experienced in the past a strong bounce off the 100MA
A similar situation is evolving right now
My question is will we see a large rise following this area in green? As was seen in the prior situation
Perhaps the sharp rise in prior sense was seen due to the relative age of the stock price
Nasdaq100 MAKE it or BREAK it After seven weeks of downward movement in the Nasdaq100 losing more than 22% it closed this week at 11835 points, it is now near to test the 200EMA at 11362 points (red line) for the first time since 2020 pandemic sell-off and that’s the last major support on the medium term and historically the 200EMA is the strongest support in the uptrend, so we have two scenarios now first one is to rebound from here like what happened in 2018 and 2020 with aggressive buyers and huge volumes signaling a clear control for the buyers, in this case, investors are advised to wait till the first confirmation and reenter the market and accumulate long positions and to close all short positions.
The second scenario is to penetrate this level to the downside to break the 200EMA for the first time since the financial crisis in 2008 and accordingly that will break the uptrend in the medium term and enter a downtrend market controlled by Bears, in this case, investors are advised to close all the long positions and keep as much cash as they can using maximum 30% of the cash to open short positions till the confirmation of the market direction or any appearance of reversal signs.
NASDAQ:NDX TVC:NDQ NASDAQ:QQQ NASDAQ:SQQQ NASDAQ:TQQQ NASDAQ:QQQ AMEX:PSQ
LEA Parallel SupportTwo double tops can be identified along the top line
A lower line plotted parallel to this curved line allows for a possible bottom point which coincides with 2.618 Fibonacci circle, which was seen as a level of support. This could also be marked as 0.
A middle line (0.5) hosts the bottom for another double top structure, lets see if the recovery pattern in green repeats
Twitter (NYSE: $TWTR) May Revisit The 0.786 Fib Level! 💬Twitter, Inc. operates as a platform for public self-expression and conversation in real-time. The company's primary product is Twitter, a platform that allows users to consume, create, distribute, and discover content. It also provides promoted products that enable advertisers to promote brands, products, and services, as well as enable advertisers to target an audience based on various factors, including who an account follows and actions taken on its platform, such as Tweets created and engagement with Tweets. Its promoted products consist of promoted ads and Twitter Amplify, Follower Ads, and Twitter takeover. In addition, the company offers monetization products for creators, including Tips to directly send small one-time payments on Twitter using various payment methods, including bitcoin; Super Follows, a paid monthly subscription, which includes bonus content, exclusive previews, and perks as a way to support and connect with creators on Twitter; and Ticketed Spaces to support creators on Twitter for their time and effort in hosting, speaking, and moderating the public conversation on Twitter Spaces. Further, it offers products for developers and data partners comprising Twitter Developer Platform, a platform that enables developers to build tools for people and businesses using its public application programming interface; and paid access to Twitter data for partners with commercial use cases. Twitter, Inc. was founded in 2006 and is based in San Francisco, California.
SalesForce (NYSE: $CRM) Wicks Under The 0.786 Fibs! 🕯️Salesforce, Inc. provides customer relationship management technology that brings companies and customers together worldwide. Its Customer 360 platform empowers its customers to work together to deliver connected experiences for their customers. The company's service offerings include Sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and relationship intelligence, and deliver quotes, contracts, and invoices; and Service that enables companies to deliver trusted and highly personalized customer service and support at scale. Its service offerings also comprise flexible platform that enables companies of various sizes, locations, and industries to build business apps to bring them closer to their customers with drag-and-drop tools; online learning platform that allows anyone to learn in-demand Salesforce skills; and Slack, a system of engagement. In addition, the company's service offerings include Marketing offering that enables companies to plan, personalize, and optimize one-to-one customer marketing journeys; and Commerce offering, which empowers brands to unify the customer experience across mobile, web, social, and store commerce points. Further, its service offerings comprise Tableau, an end-to-end analytics solution serving various enterprise use cases; and MuleSoft, an integration offering that allows its customers to unlock data across their enterprise. The company provides its service offering for customers in financial services, healthcare and life sciences, manufacturing, and other industries. It also offers professional services; and in-person and online courses to certify its customers and partners on architecting, administering, deploying, and developing its service offerings. The company provides its services through direct sales; and consulting firms, systems integrators, and other partners. Salesforce, Inc. was incorporated in 1999 and is headquartered in San Francisco, California.
Proof that Gravity exists! Gravity
Short Term - We look to Sell at 55.14 (stop at 59.41)
Bespoke resistance is located at 55.00. A Doji style candle has been posted from the high. Our outlook is bearish. Selling spikes offers good risk/reward. The rally was sold and the dip bought resulting in mild net losses yesterday.
Our profit targets will be 43.09 and 41.20
Resistance: 55.00 / 60.00 / 65.00
Support: 43.00 / 40.00 / 30.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Boeing (NYSE: $BA) Looks Ready To FLY High ✈️The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital. The Commercial Airplanes segment provides commercial jet aircraft for passenger and cargo requirements, as well as fleet support services. The Defense, Space & Security segment engages in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems; strategic defense and intelligence systems, which include strategic missile and defense systems, command, control, communications, computers, intelligence, surveillance and reconnaissance, cyber and information solutions, and intelligence systems; and satellite systems, such as government and commercial satellites, and space exploration. The Global Services segment offers products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and data analytics and digital services to commercial and defense customers. The Boeing Capital segment offers financing services and manages financing exposure for a portfolio of equipment under operating leases, sales-type/finance leases, notes and other receivables, assets held for sale or re-lease, and investments. The company was incorporated in 1916 and is based in Chicago, Illinois.
NEE - NextEra of ⬇️ Price ActionREMAINING REASONS TO BE BULLISH
Green energy & ESG projects are still top of mind for many investors
We still remain above the 100 week moving average and in the green channel
“Only” trading 26x above earnings
Growing earnings at 8% a year
Paying a modest dividend of ~2%
Not much else I’m afraid…
WHY I’M BEARISH
The weekly RSI has just entered the bull zone
We’re perilously close to crossing below the 100 week moving average and on a declining trajectory
Very much overdue a correction
A normal P/E ratio would be in 15-18 ratio. This would price it back in the $30s.
Much better value stocks in the energy sector, paying much higher dividends.
NEE have traditionally paid as high as 4% yield going back to the early 2000’s, the decline to 1.6% in December 2021 may yet be “beaten” with an even lower yield this time out. This will likely turn away many savvy investors looking for underpriced value.
WHAT I’M DOING
Definitely NOT buying this stock, not even 30% off all-time highs
Will be wanting for the trigger to confirm in order to enter short in the coming days
First target would be $35, with a terminal target of $18 to come back and retest an important level. This would also coincide with the 0.618 fib off the entire 40 year move.
PLTR/USD Daily TA Neutral BearishPLTR/USD Daily neutral with a bearish bias. Recommended ratio: 45% PLTR, 55% cash. Price established a new ATL at $6.48 and is technically still testing the lower trendline of the descending channel from November 2020 ($7.88) as support. Volume remains high and favored buyers in today's session, ending a five day streak of seller dominance. Parabolic SAR flips bullish at $8.84, this is mildly bullish. RSI remains oversold and is currently trending up at 28.60 (after bouncing from 22.30) as it approaches a test of 33.59 resistance. Stochastic crossed over bullish in today's session (after bouncing from max bottom) and is currently trending up at 10; the next resistance is at 33.59. MACD remains bearish after breaking down below -0.81 support and is currently trending down at -1.34 as it approaches the ATL at -1.85. ADX is trending up at 37.50 as Price continues to fall, this is bearish. If Price is able to defend the lower trendline of the descending channel from November 2020 at $7.88 as support, the next likely target is a test of $8.52 minor resistance. However, if Price continues to fall here, then the next psychological support level is at $5. Mental Stop Loss: (two consecutive closes above) $7.88.
Walt Disney (NYSE: $DIS) Is Our #3 Largest Position! 3️⃣ The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces motion pictures under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners. It also offers direct-to-consumer streaming services through Disney+, Disney+ Hotstar, ESPN+, Hulu, and Star+; sale/licensing of film and television content to third-party television and subscription video-on-demand services; theatrical, home entertainment, and music distribution services; staging and licensing of live entertainment events; and post-production services by Industrial Light & Magic and Skywalker Sound. In addition, the company operates theme parks and resorts, such as Walt Disney World Resort in Florida; Disneyland Resort in California; Disneyland Paris; Hong Kong Disneyland Resort; and Shanghai Disney Resort; Disney Cruise Line, Disney Vacation Club, National Geographic Expeditions, and Adventures by Disney as well as Aulani, a Disney resort and spa in Hawaii; licenses its intellectual property to a third party for the operations of the Tokyo Disney Resort; and provides consumer products, which include licensing of trade names, characters, visual, literary, and other IP for use on merchandise, published materials, and games. Further, it sells branded merchandise through retail, online, and wholesale businesses; and develops and publishes books, comic books, and magazines. The Walt Disney Company was founded in 1923 and is based in Burbank, California.
Nordstrom (NYSE: $JWN) Jumps 10%+ During Pre-Market Hours! 🤸♀️Nordstrom, Inc., a fashion retailer, provides apparels, shoes, beauty, accessories, and home goods for women, men, young adults, and children. It offers a range of brand name and private label merchandise through various channels, such as Nordstrom branded stores and online at Nordstrom.com; TrunkClub.com; Nordstrom.ca; Nordstrom stores; Nordstrom Rack stores; Nordstrom Locals; Nordstromrack.com and HauteLook; clearance stores under the Last Chance name; Trunk Club clubhouses; and Jeffrey boutiques. As of December 31, 2021, the company operated 94 Nordstrom stores and 240 Nordstrom Rack stores in the United States; 2 clearance stores; and 7 Nordstrom Local service hubs, as well as 6 Nordstrom stores and 7 Nordstrom Rack stores in Canada. Nordstrom, Inc. was founded in 1901 and is headquartered in Seattle, Washington.
SPCE: Ready to go (down) Virgin Galactic Holdings
Short Term - We look to Sell at 7.33 (stop at 8.19)
Preferred trade is to sell into rallies. Broken out of the channel formation to the downside. Mixed and choppy price action resulted in the early move lower being sustained and prices closing lower. Our overall sentiment remains bearish looking for lower levels.
Our profit targets will be 5.27 and 4.18
Resistance: 7.00 / 9.00 / 11.00
Support: 5.00 / 4.00 / 3.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
PG is Bullish!PG sets to complete its inverse head & shoulder formation which would shoot the price to an ATH. It is the best time to make an entry now with the formation of Bullish Harami Candle.
Also, Bullish Divergence, ABCD pattern and retracement of price from 0.5 Fib level supports the idea.
Entry - 156
Target - 165
Stoploss - 153
Disclaimer: Not a financial advise. Do your own due diligence.
Nike (NYSE: $NKE) Sprinting Toward Golden Pocket! 🏃NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company offers NIKE brand products in six categories, including running, NIKE basketball, the Jordan brand, football, training, and sportswear. It also markets products designed for kids, as well as for other athletic and recreational uses, such as American football, baseball, cricket, golf, lacrosse, skateboarding, tennis, volleyball, walking, wrestling, and other outdoor activities; and apparel with licensed college and professional team, and league logos, as well as sells sports apparel. In addition, the company sells a line of performance equipment and accessories comprising bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment for sports activities; and various plastic products to other manufacturers. Further, it provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. Additionally, the company licenses agreements that permit unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. It sells its products to footwear stores; sporting goods stores; athletic specialty stores; department stores; skate, tennis, and golf shops; and other retail accounts through NIKE-owned retail stores, digital platforms, independent distributors, licensees, and sales representatives. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.
Virgin Galactic (NYSE: $SPCE) Just $6 Per Share w/ ATH @ $62! 🚀Virgin Galactic Holdings, Inc. focuses on the development, manufacture, and operation of spaceships and related technologies for conducting commercial human spaceflight and flying commercial research and development payloads into space. It is also involved in the ground and flight testing, and post-flight maintenance of its spaceflight system vehicles. The company serves private individuals, researchers, and government agencies. Virgin Galactic Holdings, Inc. was founded in 2017 is headquartered in Las Cruces, New Mexico. Virgin Galactic Holdings, Inc. was a former subsidiary of Virgin Orbit Holdings, Inc.
AMC Entertainment (NYSE: $AMC) May Dip Under $10 On Earnings! 🍿AMC Entertainment Holdings, Inc., through its subsidiaries, engages in the theatrical exhibition business. The company owns, operates, or has interests in theatres in the United States and Europe. As of March 1, 2022, it operated approximately 950 theatres and 10,600 screens. The company was founded in 1920 and is headquartered in Leawood, Kansas.