Super Micro Computer Inc. (SMCI) is about to complete a 10 straight green week streak if the 1W candle closes bullish today. This is a highly impressive feat that not only it hasn't done before but only a few stocks have managed to do historically. On the other hand, this may be a signal that yet again, SMCI is time to take a breather. Why? First because it has...
DAX has seen some deep pullback in 2023, but it was A-B-C drop into the important 14400-14600 area. We can see nice and clean impulsive recovery from that support area and back to new highs, so bullish trend is back and it's very strong one; a move that can resume even higher after recent consolidation. Ideally that's wave 4 that can be now completed with current...
Encountering strong resistance and rejection from $13 strong psychological level now Expecting a pullback to support Buy point 12.6 Buy and accumulate
DBS established a strong support zone at the $31.6 mark Double bottom structure played out nicely MACD @ oversold Consider this a pretty safe buy entry for accumulations Personally, I bought in at @ $31.9
Buy zones: 166 157 RSI double bounce on oversold end PE 26 relatively cheap (vs 31 average) AAPL Pullback due to lower sales in China and Huawei competition Good entry
Corrective move down to area that was a previous funnel zone makes sense in my mind... 1st step and then assess once we are there.
Bitcoin (BTC/USD) price is uptrending and currently testing all-time high price levels, again in March 2024. Bitcoin price needs to break and hold above $70000 to continue the uptrend this year in 2024. Weekly Resistance pivot point levels are: $70000, $80693, $90000, $98690, and $116687. Weekly Support pivot point levels are: $60000, $52511, $40000, $34514,...
Tesla got almost oversold technically on the 1D timeframe (RSI = 36.047, MACD = -6.760, ADX = 34.229) as it made a new 10 month Low trading under both the 1D MA50 and MA200. The 1D CCI though is reversing, being traded inside a Channel Down. The previous two times this pattern emerged, Tesla formed a bottom. In November-December 2023 , the price rallied by +35.91%...
Key technical levels and potential price swings for Apple stock. Apple (AAPL) has been trading sideways within a well-defined range of roughly $168.25 - $197.30. The recent price action has seen the stock gravitate towards the lower boundary of this consolidation zone. Technicals hint at a potential reversal: Given the stock's close proximity to support...
Investing in #INDIA has been a trade of a lifetime Based on a burgeoning middle class and best low population demographics in the world Indians want to FLEX and move up the income brackets Highly motivated and educated I believe the pullback after the Adani scandal is over And the #Nifty can resume its long term bull and finally meet its inverse and head...
Triangle forming since the year 2000. Good results today, but it's hitting overhead resistance at 470 established in 2002 and 2019. No clear breakout yet and needs to add another 100p before it can start to consider a breakout.
Advanced Micro Devices is excessively overbought both on the 1W (RSI = 82.711) as well as on the 1D (RSI = 74.269, MACD = 10.910, ADX = 31.889) timeframe. Since the October 23 2023 Low, which was a 1W MA50 HL of the long term Channel Up, the stock price has risen by almost +130%. The previous HL-to-HH Bullish Leg made a +143.89% rise. We are very close to that...
Hello traders! Gold in the 15m timeframe has entered the channel scheme. The price has reached the level of 2142.00. We see that we have a bullish trend. In my opinion, the pair Xau/Usd will test the level of 2152.50. Be careful! Don`t forget to look at the economic calendar! Entry: 2125.00 SL: 2119.00 TP: 2152.50 MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
Hi Traders ! Yesterday, The Dow Jones Price Formed a Double TOP Pattern. Currently, The Neckline is Broken ! So, I Expect a Bearish Move📉 ------------- TARGET: 38355.00🎯
Technical Analysis and Outlook: As indicated on the chart analysis for February 23, the S&P 500 (Spooz) index excelled yet again as expected, bouncing off the strong Mean Support 5060 and reaching a new high. The main up price target for the index is Outer Index Rally 5170, with a prospect of extending to the next Outer Index Rally 5280. Notwithstanding, once...
Apple (AAPL) is exactly -15% down since the December 14 2023 High and is approaching the Support Zone of the October 26 2023 Low. We are currently on the 3rd major correction of the last 18 months and being that close to both the Support Zone and the bottom of the Channel Down, suggests that institutional buying should be initiated. If the current overall market...
NASDAQ:AAPL broke below 180 and is marking the upside cycle end. In the video you will see a detailed technical Elliott Wave analysis along with price action and trade setup
Nasdaq index analysis in 4 hours time frame After losing the 4-hour support, the Nasdaq is now trying to break to the bottom to complete the second leg of its decline and fall to the bottom of the 4-hour channel.