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Technological

#CRSR▶️ Music might start now! Price bouncing and creating H&S✅Hi All, my main 3 take-outs from this analysis are the following: 1- The price is bouncing from what seems to be a right shoulder of a reversal head & shoulder, visible in 4H timeframe but even more visible smaller timeframes 2- Next resistence to look at seems to be at around 21.7$, where there is also a nice gap to be filled. 3- If we manage to break this resistence, which is also the neckline of the head & shoulder, the next technical target would be the height of the pattern, meaning at 23.7$ apprximately, trying to attack then the higher part of the descending channel Not a financial advice, just personal opinion. Do your own due diligence and good luck!
NASDAQ:CRSRLong
by FrancescoMerlettini
1
QQQ - Nasdaq heading to find support on 100 MAHi All, my main 3 take-outs from this analysis are the following: 1- Price might be trying to find support at around 15400 where the 100 MA stands 2- In case the 100 MA will be broken, we always have a static ascending trendline at around 15100 which might reject the price as it happened several times in the past 3- Last support might be the dynamic support of the 200 MA, at around 14500, which I personally do not believe we'll be reaching Not a financial advice, just personal opinion. Do your own due diligence and good luck!
NASDAQ:NDXShort
by FrancescoMerlettini
45161By the end of the week, as price is clearly being rejected by the market and capitulating selling power is far from present. Therefor to me this dump looks like an attempt of someone trying to discredit the new tech industry, most likely because of their stake in Fiat. Andreas Antonopoulos explains well how any revolution goes through a process of adoption and opponents exist until the very end. Who in my honest opinion provide the volatility filling our brand new crypto wallets. After its inception one decade ago we can safely say this one is here to stay and the real changes are still ahead. On top of all now that we have Elon on board there's nothing to fear. ;)
Long
by Deep-Peat-Shark
AVGO Long IdeaTechnological stock NASDAQ:AVGO goes down and this is opportunity for LONG position. The analysis based on Bollinger Bands (21,2) and RSI (30,70). We can see at 258$ the BB breakout when the RSI indicate to wait for more drop down. Together with support trend line it's yield a strong buy at 254$. Two scenarios are possible, the stock still goes down below 254$ , then RSI ALGO (8,65,35) will indicate the time to buy, otherwise the stock will start go up immediately to 278.02$ . This idea should not be considered a buy or sell recommendation.
NASDAQ:AVGOLong
by dhaiim