ZOOM remains bearish. Last week we had both bearish engulfing weekly and monthly close. We expect the downtrend to continue and retest lows from 2019. After that if we get bullish divergences, it may be the time to accumulate zoom stock. If we break below previous all time lows, new lows may be coming as the price will enter the discovery mode to the downside...
There are speculative doubles and there higher probability plays. I like HOOD as a firm play to accelerate into the $50 region sometime in Q4 great chart for Momentum players while the true believer should already had their bags packed long ago.
Strategic Portfolio Optimization: Pan American Silver NYSE:PAAS , a prominent global precious metal mining company, is bolstering its market position through strategic initiatives. Recently, PAAS agreed to sell its Lucita property to Defiance Silver and its La Arena gold property in Peru to Jinteng Mining for $245 million upfront, plus contingent payments. These...
Tax Technology Leadership: Vertex NASDAQ:VERX specializes in enterprise tax technology for the commercial and manufacturing sectors, enhancing financial outcomes. Recently, they joined Oracle's ISV Accelerator for SaaS Initiative to integrate tax solutions directly into Oracle Fusion Cloud Applications, optimizing finance and sales processes. This strategic move...
Technical Analysis and Outlook: The index completed our Inner Index Rally 5480 and is in the process of squeezing the price action to the primary target, Mean Sup 5420. Renewed upside movement is expected from Mean Sup 54200.
Traders, Since February, Bitcoin has basically been in a sideways accumulation price phase. I have a hunch we are very close to an end of this. But how much longer will traders be forced to be patient? And when this phase does end, will we move up or will we move down? Let's revisit the charts to see if you can find more clues.
We need to zoom out significantly to get a clearer picture of Amazon. The stock has been in a maximal zone between $177 and $214. For the past three months, it has been ranging between $177 and $188, at the top of Wave B. Current Situation: Elliott Wave Analysis: We believe a substantial drop is necessary to complete the overarching Wave (2). The parallel...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. It is true that the legend Warren Buffett says: "Never bet against America" But it is time for a correction in my opinion. I find the daily chart for US500 to be interesting as it appears to be forming one of my favorite patterns. What I call TRIO RETEST 1️⃣ =>...
Pzza have reached extreme OVERSOLD territory. Everytime when this happened. Pzza rebounded strongly. Pzza also reached trendline and i believe it will rebound soon. on the 4H timefrime we can see BULISH DIVERGENCE. I bought shares of Pzza. PAY ATTENTION: No leverage. Uptrend can be between 14%/23% Withing 1/2 month time period. So this is POSITION TRADE :). ...
On March 13 (see chart below) we issued a major sell signal on Advanced Micro Devices (AMD), as we saw the stock topping at the top (Higher Highs trend-line) of its 2-year Channel Up: Our projection was materialized as the price corrected significantly by -37% and has almost reached the 1W MA50 (blue trend-line), which was the level that held, formed the...
Stage 1 base forming for Ocado, almost perfect rectangle, with multiple touches at 370 support. Is this a chance to go long, or will it break to the downside? wait and see. Do your own research (DYOR) and this is not a solicitation to make as trade.
CVNA is looking like a solid continuation setup. Strong earnings gap, then pullback to trend seems to be a pattern with this name similar to the other circled areas.
It wasn't long ago when we called for a buy on Apple's (AAPL) absolute technical bottom (April 25 and May 02, see charts below respectively): Needless to say that the 198.00 Target has been smashed. As the price reached the top (Higher Highs trend-line) of the 20-month (blue) Channel Up, the stock turned sideways and has been consolidating for the past 4...
Following on from our previous analysis where we shared the higher timeframe analysis, we are now seeing a correction which we can capitalise on. We are watching for price to move into our sell zone where we'll look for signs of reversals on lower timeframe. We are not anticipating price to create a new high so we can use 40.1k as invalidation levels for this...
Chart showing good movement... Company is doing good work. Above ATH Breakouts we can see sharp rally upside. Near term it can reach to 145-150.
Broadcom Inc. (AVGO) easily hit the 1800 Target that we set on last month's analysis (May 22, see chart below) and made a new Higher High at the top of the 20-month Channel Up: The symmetrical leg at the end of 2023, got rejected right below the 3.0 Fibonacci extension back to the 2.0 Fib. Even the 1D RSI is on the same levels as December 18 2023. As a...
I felt the need to look into this particular stock since they're not only burning through cash, but they're also losing it by loyal customers jumping ship. My analysis is hopeful thinking, but anything is possible nowadays. 🤷🏿♂️
Lowest level since 2005 The blue lines indicate the circle low points on the graphic I found this useful hope u do too,