Apple is in a place on the weekly chart that looks ripe for a short position. The Stoch RSI is ready to turn downward. The RSI trend has been met and is starting to turn downward. Volume is declining. Price action is making higher lows from the most recent top. Stoploss at 190.00 T1: 125.25 T2: 107.94 T3: 90.90 Final target for the short is the .618...
We are charting NASDAQ:TSLA NYSE:HLT and NASDAQ:MSFT for potential entries on Monday.
There is a Bearish Harami reversal pattern in the making on the S&P 500 ETF weekly time frame. It looks perfect as a textbook sample. Stop is above last week's top at $445 Target is just above the opening of the second candle of preceding growth at $392
Santander will join other banks and will dump. We can see lowe highs and the price already broke down the upsloping support. 23 % drop in the next weeks is very likely. MACD looks very bearish. Increasing negative momentum. Short it and enjoy the profit!
New Fortress Energy Inc - 30d expiry - We look to Buy a break of 31.71 (stop at 28.81) We are trading at oversold extremes. Posted a Double Top formation. A break of the recent high at 31.58 should result in a further move higher. 31.58 has been pivotal. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible....
Hello,Traders! SPY is making a local Bearish correction after Breaking the key level Of 432$ while trading in An uptrend so I am bullish Biased and I think that The stock will go up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
This is positive behavior for #crypto, but still is underperforming the SP:SPX Maybe, as the stock index may be extended, some money could get out of stocks and find its way to INDEX:BTCUSD This is just speculation, but the bullish divergence with its ROC is a fact. I'll wait for the formation of pattern to evaluate an entry.
BANKNIFTY/NIFTY ANALYSIS FOR FRIDAY 23RD JUNE-FOR EDUCATION PURPOSE BANK NIFTY:- If BankNifty sustain the level of 43750 break 43850,then 43950-44050-44150 level can be achieved. If BankNifty break down 43750 and break 43700 spend time below then 43750-43650-43550-43450-43350 NIFTY:- If Nifty sustain the level of 18800 break 18825,then 18850-18875-18900...
Nike is about to accelerate its rise ! This chart shows the weekly candle chart of Nike stock for the past 4 years. The graph overlays the 2020 bottom to top golden section. As shown in the figure, Nike's stock took shape from the bottom of 2020, and after peaking at the end of 2021, it fell significantly! The two recent lows happen to be the 0.500 and 1.0000...
American Airlines - 30d expiry - We look to Buy at 15.11 (stop at 14.51) Broken out of the Head and Shoulders formation to the upside. Previous resistance at 15 now becomes support. A higher correction is expected. We look to buy dips. Daily signals are bullish. Our profit targets will be 16.61 and 16.91 Resistance: 16.40 / 16.72 / 17.00 Support: 16.00 /...
AVAX has recently made a new bear-market low, but only by a couple of percent during a sell-off wick. This trade assumes that the 10.00 low will be the bear-market low, which means that the only way forward is to go up. Target for the long-term (think 1-2 years) is the current all-time high, which also gives a great risk reward of ~46. You can take partial...
NVDIA / NVDA is now starting the short term pull back inside the 2023 Fibonacci Channel Up. After hitting the 2.0 Fibonacci level, this bullish leg should trade inside 1.0 and 2.0 Fibonacci. The long term Support is the 1day MA50 but the 1day RSI indicates that we won't hit that unless it reaches its Rising Support, which based on the January-April price action...
As US stocks decline, the market retreats while investors eagerly await Powell's testimony. Key events: UK - CPI (YoY) (May) USA - Fed Chair Powell Testifies The trading session on Tuesday witnessed a decline in US stocks, marking a shift from the previous sustained rally as investors opted to secure their profits. This decision was influenced by concerns...
Tesla, under Elon Musk's leadership, is spearheading an automotive revolution with its focus on vehicle autonomy, which significantly influences its market value. Even though full self-driving capability hasn't been achieved yet, this prospect alone has powered Tesla's value, contributing to a remarkable 130% increase in its stock this year, with a notable 34%...
Paypal is about to approachi strong pressure ! This chart shows the daily level candle chart of PayPal stock in the past year. The graph overlays the recent bottom-up golden section and the upcoming strong pressure horizontal line. As shown in the figure, PayPal's stock has shown a jumping upward trend this week, releasing a lot of bullish momentum and...
Retractable Technologies, Inc. engages in the manufacture and market of safety needle devices for the healthcare industry. It offers injection devices, blood collection devices, and infusion devices. Stock at the very bottom and recently got approval from Australian government. If you check long Interval graph then you will see the big opportunity. It's worth to...
Advanced Micro Devices - 30d expiry - We look to Sell a break of 115.68 (stop at 122.08) 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. We have a Gap open at 25/5 from 108.27 to 117.31. A higher correction is...
CFX has been one of the bigger winners of 2023. However, this token has been largely trading bearish ever since it topped late March. As of recently, CFX has hit daily oversold on the RSI for the first time in many months, likely causing some kind of reversal. Now that BTC is breaking out, I'm anticipating that CFX will see more gains in the near future. Target...