Last time we looked into Amazon (AMZN) on October 30, we called a bullish break-out signal, which in two weeks hit our $146.00 target (see chart below): We zoom out on the 1D time-frame now in order to identify the longer term patterns involved. Based on the 1D RSI which is pricing a Support on the former Lower Highs trend-line, we can see the very same...
The technical chart looks quite bullish, and the fundamentals are also great.
#Monarch Positional trade entered at 408.5 SL is wide used 50% of planned allocation SL will be around 10%
RKLB is trading inside a Channel Up for 15 months and is near its bottom HL trendline. Being bearish but close to neutral on the 1D technical outlook (RSI = 43.294, MACD = -0.060, ADX = 22.552), the price is undergoing a similar Bottom formation as March-May. On both sequences the 1D RSI was rising on an HL trendline. Having completed a -50% decline from the...
Currently, Apple Inc. (AAPL) shares are presenting intriguing signals for discerning investors. Two key technical indicators, Stochastic RSI and MACD, provide indications that AAPL may have reached a point of overbought conditions. Stochastic RSI, serving as a measure of market saturation, highlights AAPL's overbought condition, suggesting that the price has...
Greetings, fellow traders! Today, our focus is on the NSE:NIFTY index. Here's the breakdown: 📈 Upward Movement: The index has been on an upward trajectory, recently approaching the 200-day moving average. 🚨 Near Resistance: However, it's currently near a significant resistance level, suggesting potential selling pressure. 💡 Short Selling Opportunity: ...
Due to the current upward movement of the DHL share, we now consider the low of the green wave (1) to have been reached. Consequently, the share price is currently already in the green wave , which is likely to continue for some time. We expect this wave to end below the resistance level of €47.05 and thus the start of a new downward trend.
Goldman Sachs - Triangle break to the downside on the weekly chart. 279 expected as first level of support. This is not a recommendation to trade. Do your own research and decide on your own trades.
In early October 2023, we updated our previous forecast for the SPDR S&P 500 ETF Trust for the current year. Its price, after a short-term breakthrough of the triangle pattern (marked as (A)-(B)-(C)-(D)-(E)), returned above its lower border, and a new upward trend began despite the intensification of geopolitical tensions in the world, mainly due to the Hamas war...
A powerful one-two combination of data pointing to softening inflation is continuing to support investor sentiment and a strong equity rally with Producer Price data this morning showing weaker-than-expected price increases among wholesalers. The data follows yesterday’s release of the Consumer Price Index, which showed no m/m change. Stocks are also gaining...
SPX if break the confluence of trendline resistance and horizontal resistance at 4600. Bull market back. If breaks 4100 level bearish momentum gains priority.
Tesla / TSLA is on a non-stop rise since the October 31st bottom. Today it crossed over the 1day MA50. The biggest obstacle lies on the Falling Resistance itself which rejected the price the last two times. The Resistance becomes even stronger as it is exactly on the 0.786 Fibonacci level, which was the rejection point on September 15th of the previous rise...
DowJones is going to be in downtrend in next few days while dollar going to be stronger. Follow To Get More Signals. If you’re trader and looking for professional technical analysis advice for your trades, send us your case and we’ll serve you. Don’t be hesitate to contact us. Best Regards.
Hello traders! Yesterday, the couple made a buy move because the US inflation came out less than it was thought to come out. The pivot (1.08860). If the price manages to break the level (1.08860), then we will have a buy movement at the levels (1.09310); (1.10000) ; (1.11040). My opinion is that the pair will keep the bullish movement. Wait to enter the trade! Be...
Hello traders! Yesterday, the couple made a buy move because the US inflation came out less than it was thought to come out. The pivot (1975.00). If the price manages to break the level (1975.00), then we will have a buy movement at the levels (1988.00); (1995.00) ; (2002.00). My opinion is that the pair will keep the bullish movement. Wait to enter the trade! Be...
A very powerful movement downards from the DXY today. As a risk-on trader and investor, I typically look for contrary signals on the DXY to help guide my swing trades in the stock market and cryptocurrency. It's important to note, that the DXY has been a very powerful trending index to monitor and chart, and it's trend shifts have paid dividends to those who are...
Coinbase Global (COIN) broke on Thursday above the 1W MA100 (red trend-line) for the first time in its trading history, following a strong rebound on the 1D MA200 (orange trend-line). The prevailing pattern is a Channel Up, which with the help of the Fibonacci Channel extensions, gets put into a better context. The 1D RSI shows that there is one pump left on the...
US Equities could be on a leg to the downside backed up by 3 weeks of heavy selling. Not quite, but almost a double top.