Hello Fellow Stock Traders, Here's a Technical Analysis of SIDO! Industri Jamu & Farmasi Sido Muncul (SIDO) has demonstrated significant price development by breaking out of its bearish channel. This price action indicates the beginning of a bullish trend in the stock, accompanied by a bullish candlestick pattern and increased trading volume. Moreover, the...
MSFT suppressed by the 3.000 level of the golden section This chart shows the weekly candle chart of Microsoft stock in the past two years. The graph overlays the low point at the end of October 2022 against the golden section. As shown in the figure, Microsoft's stock has reached another new high this week, breaking through the highest point at the end of...
Abbott Labratories - 30d expiry - We look to Buy a break of 109.51 (stop at 106.31) The primary trend remains bullish. This stock has seen good sales growth. Expect trading to remain mixed and volatile. 109.34 has been pivotal. Posted a bullish Flag formation. A break of 109.34 is needed to confirm the outlook. The bias is to break to the upside. Our...
✅TESLA will be retesting a resistance level of 313.00$ soon From where I am expecting a bearish reaction With the price going down but we need To wait for a reversal pattern to form Before entering the trade, so that we Get a higher success probability of the trade SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Alibaba Ticker: HKEX:9988 or NYSE:BABA Entry price: 89 HGS$ Short term target: $120 Medium term target: $171 Long term target: $205 Potential return per trade: up to 125% Volume per trade: up to 3-4% of the portfolio 🛡 It is better to hold this stock for the medium term, and use the drawdown to increase the position. ❗️Risk Level: Medium Alibaba...
Breaks above its weekly 50 ema and looks like there's more to come. Only thing is, volume could be higher.
Amazon is trading inside a Channel Up for the last 2 months on balanced bullish technicals on the 1D timeframe (RSI = 65.517, MACD = 3.080, ADX = 16.131). Yesterday's low and reversal into today's strong 1D candle, looks like the start of the 2nd wave of buying inside the Channel. As long as S1 holds, we are buying with a target just under R1 (TP = 144.50). If...
Analyzing the options chain of NOK Nokia Oyj prior to the earnings report this week, I would consider purchasing the 4usd strike price Calls with an expiration date of 2023-9-15, for a premium of approximately $0.15. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
Wait for pullback to 7 to 9 Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always...
Last time we bought APPLE (AAPL) on the short-term was on June 05 (see chart below), after a technical pull-back, and easily hit our 190 target: The stock has maintained the Channel Up since late March with the 1D MA50 (blue trend-line) in Support since January 25. Based on the 1D RSI, which has been within a Rectangle pattern while the stock is on the...
Opening shorts on ZS here. 50% allocation. I longed the deviation out the bottom descending trend line, I will short hte deviation of the top line of channel. Stops in place for acceptable loss. Will add if we get back in channel
Alcoa Corporation - 30d expiry - We look to Sell at 38.98 (stop at 40.98) Daily signals are mildly bearish. Previous support at 39 now becomes resistance. This stock has seen poor sales growth. There is no clear indication that the downward move is coming to an end. Preferred trade is to sell into rallies. Our profit targets will be 33.98 and 32.98...
There is a Bullish Gartley visible on the Log Scale chart that is currently giving us a Potential Double Bottom at the 0.786 PCZ with Bullish Divergence on both the RSI and MACD and if it plays out, I think it could spike all the way up to around $55 before coming back down and continuing to the historical lows.
Based on Neowave principles, it seems like major stocks (and non-crypto tech stocks in particular) will continue to rally into the end of the year, followed by a long correction in 2024. After wave-E is finished in early 2025, we should see one of the largest bull markets since the 1990s. This will complete a 25-year correction which began in 2000 when the last...
Netflix is trading inside a Channel Up for more than 1 year and is headed for the historic January 20th 2022 Gap of 508.45. Trading Plan: 1. Buy on the current market price. 2. Buy on the MA50 (1d). Targets: 1. 508.45 (Resistance 1 and January 2022 gap). 2. 621.00 (Resistance 2). Tips: 1. The RSI (1d) resembles the late August 2022 consolidation that led to a...
Oracle is on a correctional wave inside a larger parabolic trend. As long as the price is inside the Channel Down (correction wave), sell and target the 1day MA100 at 106.85. If the price crosses over the Channel Down, buy and target the 1.236 Fibonacci level at 130.50. Follow us, like the idea and leave a comment below!!
Johnson & Johnson is trading inside an Ascending Triangle pattern with the 1D technicals neutral (RSI = 49.652, MACD = -0.360, ADX = 36.021). The 1D MACD is close to making a Buy Cross so today's cross over the 1D MA50 is a first buy signal, that targets the 1D MA200 (TP = 165.00). If the price crosses over the R1 (167.25) we will buy again targeting the R2 (TP...
With BTC failing to break confidently through 31,000$, a bearish short-term scenario for BTC becomes more and more likely. As seen on the chart, Bitcoin is experiencing a double bearish divergence on the 3-day chart, which started forming all the way at the start of 2023. The first (yellow) bearish divergence is arguably already "over", since the fall from 31k to...