NVDIA Corporation (NVDA) has technically completed a Head and Shoulders (H&S) pattern, which is a standard market top formation. The price almost touched Support 1 (410.00) on Friday and the Neckline (Higher Lows) of the pattern. As long as those hold, we can be bullish as the risk is low at the bottom while the upside much higher proportionally on Resistance 1...
Technical Analysis and Outlook: The Spooz index held staunchly by our completed rebound projection and Mean Res 4378 by tumbling down to Mean Sup 4224, eyeing a retest Inner Index Dip 4212 with an intermediate rebound target to Mean Res 4255. The index could extend to the next Inner Index Dip 4150 for the next week's trading.
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Nas100 created an inverted head and shoulder pattern on the major key level formed close to 14500 where we must wait for the confirmation of a breakout in order to enter our short positions. Here we may see a nice bearish trend followed back towards the bottom key supported area held at 13500.
The price established itself on a strong demand zone and seems like its going to make some gains up to $543,000 area. Upon reaching that area the price might break through the supply zone, in which case we can expect a rally to the last high of $566,000. Or else, the trend will reverse back to its current point.
PG formed today a 1day MA50-100 Bearish Cross. Primarily a sell signal, the last 3 occurences of this pattern have delivered higher prices. All those patterns hit at least their prior Resistance level. Additionally, the 1day MACD is 4 days into a Bullish Cross. Buy and target 158.00 (Resistance). Follow us, like the idea and leave a comment below!!
CAPITALCOM:DXY good dayAccording to the chart of the financial markets, the dollar index has the potential to grow up to the range of 104 At the same time, all stocks will fallWatch the news According to what I said, my prediction is the increase of interest rates and the strength of the dollar in the above time frame.
Hello , Although Rivian, since it deals with electric cars, is obviously a highly speculative paper. (Since everyone is looking for the next Tesla right now.) If you're thinking about buying Rivian stock, keep in mind that the red zone is a neutral level. The exchange rate moves in exactly one area, where it can move up and down by 10-20%. So it is not worth...
Oracle is on a bearish 1D technical outlook (RSI = 31.499, MACD = -1.720, ADX = 20.020) almost oversold as (with the exception of Aug 29th-Sep 11th) it is trading inside a Channel Down and the price is almost on its bottom. The 1W MA50 may make contact with the price there. This is a buy opportunity regardless (RSI oversold) and our target is the top of the...
GOOD MORNING! #interestrates look like they want to slow down a bit, short term top. We see the 10Y & 30Y pulling back a bit... But this is better seen intraday. We'll see how that unfolds... IF IT DOES, it could cause a sharp rise in #Stocks. Coincidentally, DJ:DJI @ support & TVC:NDQ is near a major support. TVC:TNX AMEX:DIA NASDAQ:QQQ
Tesla (TSLA) had a massive opening drop yesterday and almost hit the 1D MA200 (orange trend-line) for the first time since May 31. With the 1D RSI oversold at 30.00 and Support 1 (212.50) formed by the August 18 Low just below, this sell-off may be a buy opportunity in disguise. If it holds, then the dominant medium-term pattern will emerge as a Descending...
Hello traders! My opinion is that the pair is in the channel scheme. The price has reached the zone of consolidation, which means it has brought a confirmation for sell at the level (1.0440). Key level (1.0440)! If the bears keep the move, we have a possible scenario and a test of the level (1.02870), but if the bulls reverse the move, we can have a retest of the...
Hello traders! My opinion is that the price has reached a resistance level (1980.00). Think that the pair should now make a decrease to the level (1903.00) bringing a retest of the support (1903.00). Key Level (1903.00)! A break of (1903.00) will bring a possible movement to the level (1820.00), but be careful if the bulls manage to keep the bullish movement, then...
This is my in depth analysis for AAPL & try to understand logics . Do not trade blindly. Understand what price is trying to say & then trade. NOTE:TRADE SAFELY WITH STOPS ALWAYS
AT&T almost achieved a +10% rise today, forming a Buy Cross on the 1day MACD. Though technically bullish, the last two 1day MACD Buy Cross formations priced market tops and were excellent sell opportunities. Sell now and target 15.00 (Fibonacci 0.5). Follow us, like the idea and leave a comment below!!
NASDAQ:TSLA coming into the DAILY oversold territory 2 gap downs Closing in on support as well Weekly paints an interesting picture It's BEEN in a down trend Support is 214 area Forming Inverse Head & Shoulder pattern If it holds support it could be basing If not, it could pull back sub 200 & be ok #Tesla
Netflix made a huge price jump today, opening on the MA50 (1d) for the first time in more than 1 month. It remains under the Falling Resistance, but held the Rising Support trend lines of the Bullish Megaphone. Trading Plan: 1. Buy after the price crosses over the Falling Resistance or if it hits the MA200 (1d) again. Targets: 1. 508.45 (January 20th 2020...