META, after an excellent 6 months of growth, the price stopped at a very strong resistance - KIJUN Q1 and MN1, as well as old peaks/highs. The rebound may continue until the next strong support - KIJUN W1 and the 186 level (peaks/highs).
Gold is forming an Ascending Broadening Wedge Pattern after breaking the support zone by the breakout candle🔨. Gold is running near the resistance zone. I expect Gold to go down to the 🟢support zone🟢 and will probably decrease more. Gold Analyze ( XAUUSD ), 15-minute Time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want...
Short term Elliott Wave view in Exxon Mobil (ticker: NYSE:XOM ) suggests that the decline from 4.28.2023 high took the form of a 5 waves impulse. Down from 4.28.2023 high, wave (1) ended at 115.64 and rally in wave (2) ended at 117.30. The stock resumes lower again afterwards. Down from wave (2), wave 1 ended at 114.45 and rally in wave 2 ended at 115.22. Stock...
Bristol-Myers Squibb Co - 30d expiry - We look to Buy a break of 71.21 (stop at 68.61) Prices have reacted from 65.28. 65.28 has been pivotal. Posted a Double Top formation. 71.07 has been pivotal. A break of the recent high at 71.07 should result in a further move higher. This stock has seen good sales growth. Our profit targets will be 77.71 and 78.71...
Company: HP Inc. Ticker: HPQ Exchange: NYSE Sector: Technology Introduction: Hello and thank you for taking the time to read my post. Today, we analyze the weekly chart of HP Inc. (HPQ), focusing on an interesting price pattern, an ascending triangle as a reversal pattern. Although rare, ascending triangles can indeed act as reversal patterns, offering...
Here as I previously believed, ES is moving up with its ABC retracement for one last liquidity grab before a downward move. Waiting for C wave to complete and catch the beginning of the downward third wave. I predict it will be choppy this week and Wednesday and Thursday will be big movers because of FOMC meetings.
Tesla made nice and clean impulsive five-wave recovery from the lows that is now followed by a three-wave A-B-C correction, which from Elliott wave perspective suggests bigger recovery. Tesla is now coming down into a support as mentioned few weeks back. Looks like wave C is now at the support, deeper one is 140. Invalidation level is at 102.
Briacell Therapeutics Corp has been trending higher on news - BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) (TSX: BCT) #briacell #cancer #richtv #richtvlive #breastcancer (“BriaCell” or the “Company”), a clinical-stage biotechnology company specializing in targeted immunotherapies for cancer, is presenting positive clinical data from its lead product...
Gold is moving in an ascending channel that has reacted well to the upper and lower lines of this channel. Currently, gold is moving near the 🔴 resistance zone($ 2015.5- $ 2012) 🔴 and the upper line of the ascending channel, and since the Regular Divergence(RD-)between two consecutive peaks is well-known in the indicators, I expect Gold to fall again if the upper...
HP Inc - 30d expiry - We look to Buy at 28.36 (stop at 27.16) Price action has formed a bullish ascending triangle formation. The sequence for trading is higher highs and lows. Trend line support is located at 27.90. Previous resistance at 28.50 now becomes support. A lower correction is expected. We look to buy dips. Our profit targets will be 31.36 and...
NASDAQ:AAPL APPL - Where to next? We got a beautiful rising channel as well key trendline areas. Highs: 162 Lows: 158 Now be aware we do have the gap above but if we break below the lows a clean close below the red trendline up, price could easily reach 156. However, if we are to break the highs, I expect 164/168 closing that gap above. Ignoring the noise...
I plan a short trade ( NASDAQ:MRNA ) at 144.41. The entry is just before the resistance zone at ~145.50 which is also confirmed by the Fibonacci 0.5 level. At 146.69 is the stop loss placed so that there is enough space to breathe. The take profit is very conservatively placed at a risk-reward ratio of 1:1.
Bearish breakout on the trend line after a hard crush in prices. Expecting more potential downside based on the price action in order to revisit back on the support formed on the bottom.
First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. XXX/USD: Slightly Bullish Gold &...
Hello Traders, Presenting a good simp [le and crystal clear analysis for the stock of week to add extra income in your pockets. To understand complete entry and exit check below.
swing trade take trade when nifty turns bullish swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
NYSE:ACN Long NYSE:ACN is in a clear downtrend since the high in December 2021. We have a level of support at ~ 254.00 which often got confirmed. The plan should be to trade the support level with a limit order. The take profit isn't that far away because of the fact we are in a downtrend. Limit Order: 257,28 Stop Loss: 252,20 Take Profit: 265,04
Technical Analysis and Outlook: During the week, the Spooz experienced active trading within the range of Key Res 4180 and Mean Sup 4060. The next significant goal is to retest Key Res 4180 and surpass it to reach the Outer Index Rally 4230. Achieving this would be a crucial turning point and lead to a retreat to the inverted Key Res 4180 as a new support level.