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Microsoft: Rebound on the 1D MA50. Targeting $217-230.MSFT made a (near) rebound on the 1D MA50. Even though the 1D chart is technically neutral mostly (RSI = 49.013, MACD = 2.140, ADX = 33.401), the RSI is providing the first strong Buy Signal since March, as it entered the 41.50 - 48.00 Buy Zone. That was a strong accumulation region from August 2019 to October 2019, so even though the price may drop some more and touch the 1D MA50, we take this as a strong buy opportunity. We aim at the completion of a +40% extension from the last time the price made contact with the 1D MA50 (early April 2020), and set our Target Zone at 217 - 230. ** If you like our free content follow our profile to get more daily ideas. ** Comments and likes are greatly appreciated.
NASDAQ:MSFTLong
by InvestingScope
1
APT Looking Very Overbought- On Friday Chinese tech giant Tencent Holdings revealed it had taken a 5% – roughly $300 million stake in Afterpay. - This has caused a massive rush to buy APT. - Technically the stock is very overbought and is at a significant Supply Zone which also happens to be a 52w high. - From a fundamental perspective - price is currently over analyst estimates and has a high Price / Sales of 32x. Not a great time to buy right now -could be a good time to lock in some in profits in existing positions.
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by Tuhi_Capital
2
SAFEHOLD: The safe investment aiming at 80.00 this year.Safehold Inc is trading on a long term bullish Megaphone that is intact even during this pandemic crisis. It appears that the stock is surviving the market swings within a standard (but of course volatile) Triangle on the 1D chart (RSI = 48.416, MACD = -0.300, ADX = 28.460, CCI = -1.2586). Since the start of 2019, each time the RSI hit the 35.00 level, a new Bull Phase within the Megaphone started. So far we have had 2, both of identical duration of 180 days (from Low to High) as well as % rise (+105%). Another common characteristic is that every time the Lower High (dashed) trend line, the new bullish wave was confirmed. Based on the above, we have an end-of-year Target of 80.00 for SAFE. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
NYSE:SAFELong
by InvestingScope
Novartis: Buy opportunity with split entry.NVS was among the high cap losers yesterday on the renewed coronavirus tensions and pulled back dramatically (-6.90%). This however can be the buy opportunity of the next several months as it hit the 1D MA200 (orange line) and is approaching the Higher Low trend line of the 1W Channel Up (RSI = 45.378, MACD = 1.640, ADX = 65.865). Even though the MACD indicated the possibility of a deeper pull to the 84.00 1W Support before a meaningful rebound, we give equal probabilities for the rebound to start within the Higher Low zone. Our Target zone is 98.00 - 100.00. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
NYSE:NVSLong
by InvestingScope
Amazon: Ready for an expansion phase. Target: 2,800 - 3,200.AMZN marginally broke the formet All Time High (2,050 - 2,055) this week, which was a Resistance level that has been holding for 1.5 years. With the EPS smashing the forecast last month turning 1D extremely bullish (RSI = 72.875, MACD = 46.790 ADX = 23.292) we have turned very bullish on the stock as it is repeating the fractal (2014/2015) that preceded its last expansion phase. The RSI on the 1W chart is also replicating this sequence on impressive symmetry. We therefore believe that Amazon is at the start of a new expansion phase and initially aim for the +145% extension. Our Target Zone is 2,800 - 3,200. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
NASDAQ:AMZNLong
by InvestingScope
1
Delphi: An undervalued stock but buy on the break-out.We have been following this stock since its dramatic fall in 2018, closely monitoring where the bottom could be. Following last month's results, the price skyrocketed above $15.00 from the all time low of $9.50. This is not yet a reason to get excited as the jump found Resistance on the 1D MA200 (RSI = 70.494, MACD = 0.890, ADX = 31.232). The MA200 (orange line) on the 1D chart has been rejecting every upside break out attempt since the 2018 fall started. Even though the second half of 2019 appears to be a bottoming sequence, in order to be sure that investors' interest is real, we will wait for a break above 21.00 before investing on DLPH. Above the 27.00 barrier the upside potential becomes tremendous. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
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by InvestingScope
2
Long Term 5th Wave Swing on PYPL to the UpsideIts always great to have long term investments in your portfolio with strong growth Stocks. PYPL is getting ready to be added to our portfolio after a recent wave 4 pullback on the weekly timeframe. Using our Elliott Wave Indicator Suite for the TradingView Platform we can see the recent wave 4 met all of our criteria for behaviour. 1. Wave 4 pullback found support in the amber zone of our probability pulback zones, representing an 80% probability the price will go on to reach our automated target zone (in blue on the chart) around $130. 2. Elliott Wave oscillator pulled back between 90-140% during wave 4 pullback 3. Stochastic has pulled back against false breakout dots in over bought zone and then crossed in over in the oversold zone during wave 4. A conservative entry through $112 is sensible here and will be a physical holding that will run into next year, 2020. To understand how our Elliott Wave Indicator Suite works for the TradingView platform and how it can help your stocks, forex, futures, crypto and commodities trading, please watch the video tour >>>HERE<<<
NASDAQ:PYPLLong
by xBratSoftwareSolutions
1
Organigram: Strong long term buy opportunity.Despite Organigram Holdings Inc continuous 5 month sell-off, the stock has reached a point where there are 3 strong technical factors supporting the idea that a strong bounce may emerge. 1. The price hit the 4.15 1M Support which is holding since December 2018. 2. The price has almost made contact with the 1W MA200. 3. The RSI on the 1W chart is past 30.00, a point it last traded during October 2015 when it had an aggressive rise of +600%. Now we are not suggesting that another +600% rise will emerge (that would bring the stock at $30) but we are at a point when adding OGI to your portfolio would be beneficial over the long term. We are looking towards a 11.30 target. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
TSX:OGILong
by InvestingScope
3