With recent bitcoin mania, one would think that NASDAQ:NVDA would be one of the stocks to benefit. However, stock is performing quite weak lately and now seems to be breaking down after failed attempt to make new highs in recent days Might be good short opportunity of another overextended name in tech sector
One of the most overpriced comapnies in the whole markets - NASDAQ:ZM may finally be starting its breakdown. Despite Nasdaq strength today, company is showing very poor relative strength and deliberate breakdown of major support line. Could be good short opportunity.
The uptrend obviously has weakened and the price is about to close beneath the (quite steep I must say) support. Of course the prefect short entry would be at $94 as AAVE was trying to break the resistance for the third time but I wasn't familiar with the chart at that time so I ask you to forgive me for that. If we will try to break that level again I will simply...
Gold Currently Trading at 1800 Doller Support line Breakout in Day chart, We can Expect Small Retracement in gold up to 1845 based on my analysis next target is 16060 Please Follow our Tradingview Account, Like, Share and Comment your thoughts
After breaking out of that epic run and a period of consolidation, next targets under this support at 119.04 are 113.99 and 105.14. The bounce at 119.04 was lackluster so added OTM puts for next week here.
PENN finally broke support at 64.16 after a series of lower peaks. I got puts yesterday after we closed under support but at a high RSI value on the 5 minute chart. First target is 59.28 then 50.81.
XETR:DAX was one of the few indices that still had decent relative strength recently. With break of support, things are starting to change today. More downside is likely to follow.
The British pound ran into resistance again against the Japanese yen as it rallied towards the crucial 132 level. This is an area that has been important more than once, as it was previous support. At this point, the market looks as if it is trying to roll over again. Outlook in GBP/JPY is unchanged as GBP is long-term bearish. Below 130.64 will target a test on...
Things are looking VERY bearish for LTCBTC at this moment, with BTC having its pre-halving rally yesterday we have seen LTCBTC break its macro HTF Major support level at 5500. Looking left we have only ever broken & closed below 5500 SAT's on the weekly TF once in the history of LTC If confirmed on the weekly TF, LTC may be looking to fall back further into the...
can go little higher and after daily closing below 2800 it can touch 2600 , 2400 , 2300.
We expect weakness to continue in $ULTA. There was quite a bit of technical damage done last week and we are targeting $184 to $194 on the downside. Ulta Beauty (NASDAQ:ULTA) went into a freefall last month after a soft Q2 earnings report and warning on a July to August slowdown in color cosmetics sales. During the earnings call (transcript), Ulta execs stated...
Unfortunately, $LINK does not look the best right now. If the current support is broken, I anticipate price to fall and test the $2.00 range. If that support is broken we will see the $1.75-$1.80 range. The thick black line is VERY strong support. If we reach that price, I will be buying heavily. *This is not financial advice. I am not responsible for any...
IndusInd Bank ( NSE:INDUSINDBK ) looks very weak on chart and have broken multi-month support today. Tomorrow if stock goes below 1320 it can fall further. Reasons for Trade: Stock has broken Multi-month Support Current Trend is bearish Trade Setup: Short / SELL when price goes below 1320
NASDAQ:MYL Sell short below yesterday's low Please like, comment and follow if you like my ideas. THANK YOU!!! Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.
CHFJPY Daily Chart Pending Sell stop order- Swing trading. Looking for a trend-line breakout & Support breakdown. let's see how it goes. Good Luck!
Hi Followers and Friends, Finally BTCUSD / Bitcoin re-tested 6k as predicted by the Moving Water = @lemosedmirf , on the chart bellow. And now is a critical point to BTC, what now? Should price bounce from here or have a Support Breakout? $ 5,800 is Huge Support for BTC and needs a lot of power to go Trough. As you can see and AS PREDICTED on the PREVIOUS...
But if the support line breaks it with decrease to 5500/5300. Pay close attention this time !