AMAT -Rising Trend Channel [SHORT TERM]- AMAT is in a rising trend channel in the short term.
- AMAT has given a positive signal from the inverse head and shoulders formation by a break up through the resistance at 119.
- Further rise to 128 or more is signaled.
- AMAT has support at 110 and resistance at 124.
- Overall assessed as technically positive for the short term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
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Risingtrend
NVDA - Breakout Rising Trend [MIDTERM]- NVDA has broken up through the ceiling of the rising trend channel in the medium long term, which signals an even stronger rising rate.
- The positive development, however, may give rise to short term corrections down from today's level.
- It also gave positive signal from the inverse head and shoulders formation at the break up through the resistance at 178.
- Further rise to 300 or more is signaled.
- NVDA has support at 214 and resistance at 290.
- Positive volume balance indicates that volume is high on days with rising prices and low on days with falling prices, which strengthens the stock.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, LT TP: Long Term Target Price
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META - Rising Trend [MIDTERM]- Medium term Investors have paid higher prices over time to buy Meta and the stock is in a rising trend channel in the medium long term.
- This signals increasing optimism among investors and indicates continued rise.
- META has broken up through resistance at 183.
- This predicts a further rise.
- Positive volume balance indicates that buyers are aggressive while sellers are passive, and strengthens the stock.
- Overall assessed as technically positive for the medium long term.
Verify it first and believe later.
WavePoint ❤️