NASDAQ:BTAI oversold and should return to the range for the further trivial trading in 2 months. I believe, it go back. All pictures show that this drop need to be closed and forgotten as a bad dream. Good possible profit for the risky investors in a short enough range of time. Does not constitute a recommendation #investing #stocks #idea #forecast #furoreggs
NASDAQ:MLCO achieved or almost achieved a bottom. As per my observation and conclusions, it can go long, but firstly it should raise the flag, that it's ready to proceed wit hthis deal. What we have to see? Movinng to 19 during the next 3-4 months. This will mean, that it broke the descending line and has a fat for the next jumps. I believe, it will show a...
Coinbase reached the top of the annual Channel Down pattern with the 1D technicals turning overbought (RSI = 75.832, MACD = 4.640, ADX = 42.237). For the RSI in particular, the last time it was higher was on February 2nd. This calls for a short term correction to at least the 1D MA200 (TP = 60.00). Even in the event of a crossing over the Channel Down, the price...
DCB Bank can make a breakout soon. Good candidate to keep on watchlist.
McDonald's stock presents a small level double top shape! This figure shows the weekly candle chart of McDonald's stock from the end of 2019 to the present. The graph overlays the low point of 2020 against the golden section. As shown in the figure, the high points of the past two months have been suppressed by the 2.618 position of the golden section in the...
FedEx Corporation - 30d expiry - We look to Buy at 232.11 (stop at 224.61) Daily signals are bullish. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. A lower correction is expected. Bespoke support is located at 232. This stock has seen good sales growth. Our profit targets will...
Netflix is trading inside a Megaphone pattern since the May 2022 bottom and is approaching the formation's top. The 1D time frame is on green technicals (RSI = 68.406, MACD = 15.870, ADX = 40.286) but just 2-3 weeks ago it was massively overbought, showing that the massive bullish leg is getting exhausted. Be ready to sell and buy back on the 0.382 Fibonacci (TP...
Presight is also one of the positive stock in Abu Dhabi Stock Market, with todays volume and candle we can say that bulls have got activated. Now we want to see continuation from here. I think it will make a good move this week. Hit like & follow guys ;)
Stock: Apple (AAPL) Time Frame: Weekly Chart Direction: long Comment: At the end of last week, Apple reached new all-time highs. In this analysis, I will focus on the weekly chart to show you where I believe Apple is heading. It is evident that Apple successfully broke out of a clearly visible triangle pattern and subsequently experienced a bullish rally of...
After a strong closeout for the first half year, the Ndx closed for the best performance for the first half year in history. SPX also had a pretty strong closure point at 4458.48 where very close to the strong resistance area 4460-4495. From last week's prediction, the market was supposed to do a three waves pullback. However, it only finished the first...
Disney stocks are now emerging from a weak triangular oscillation pattern! This chart shows the weekly candle chart of Disney stocks from the end of 2019 to the present. The graph overlays the bottom to top golden section of 2020. As shown in the figure, Disney stocks fell unilaterally after completing the head and shoulder positions from March to September...
Analysis of the US stock market Fortunately, according to the analysis, 3.5% of the growth index has been achieved from 4%. According to the status of the RSI indicator and the volume and candles, it is logical to save profit and exit the market for a new entry in a suitable position. The first suitable point for re-entry is the previous entry range of the index...
Short term view in AAL (America Airlines) suggests the rally from 5.24.2023 low is ongoing as a 5 waves impulse Elliott Wave structure. Up from 5.24.2023 low, wave ((i)) ended at 16.78 and dips in wave ((ii)) ended at 15.92. Internal subdivision of wave ((ii)) unfolded as a zigzag structure. Down from wave ((i)), wave (a) ended at 16, wave (b) ended at 16.39, and...
Breaking and sustaining above weekly trendline with good volume, Weekly RSI is also showing strength... Can go above the target but I will update if to hold further or not. Seeing an upside till 746 with a SL of 644. I am not a SEBI Reg. Analyst, do your own research before investing. Comment if you have any regarding this :)
Pinterest - 30d expiry - We look to Sell at 28.88 (stop at 30.28) In our opinion this stock is overvalued. We are trading at overbought extremes. Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. A higher...
Tesla has started yet another week on a green opening, making a new 2023 High. The price is approaching Resistance (1) at 315, which is a little over the Falling Resistance from the November 2021 All Time High as well as the 0.786 Fibonacci level. Be prepared for a correction around that juncture. Trading Plan: 1. Buy on the current market price. 2. Sell on the...
Scope of the analysis In this analysis I want to take a look at the performance of Bitcoin in the years before the halving: 2011, 2015, 2019 and 2023 (thus far). The assumption is that we can forecast potential future price action by looking at the historical data. Keep in mind that we have a limited dataset with data from a different macro-economic period, so...
BANKNIFTY/NIFTY ANALYSIS FOR TUESDAY 4TH JULY -FOR EDUCATION PURPOSE NIFTY:- DAILY:- If Nifty sustain the level of 19300 ,then 19350-19375-19400 If Nifty break down 19300 spend time below then 19250-19225-19200. BANKNIFTY:- DAILY:- If BnakNifty sustain the level of 45150 ,then 45250-45350-45450-45550 If BankNifty break down 45000 spend time below then...