Get started

Technology

rising wedge semiconductor longshort semiconductors are on the verge of breaking down, and basically if we stay over 12.20 soxl im aiming for daily gap close, or near 12.86 . if we break this ascending tightening range to the downside and more or less double top 4hr resisting from top of envelope, around 12.30s or lower, im looking toward 15 minutes demand zone in low 11s maybe 11.30. short squeeze in semiconductors, or failed bull breakout. even if longs win, im selling rallies on the daily by buying soxs on dips to weekly lows, or new weekly lows (keeping in mind the s&p can still resist from 4000 or slightly higher/nvda can sell off $160, 162.5, 165).
AMEX:SOXLLong
by cerealpatterns
5
AMB BULLISH SCENARIOThe tech market suffered some losses while the USD gained against the major currency basket, last few weeks we can observe good catalysts on the hawkish Fed moves and future stability backed by again the Fed backing off the interest rate hike button, this might help make some more cash available. The rally is projected for the entire sector as well. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NASDAQ:AMDLong
by legacyFXofficial
Litecoin will pass Bitcoin before EthereumA strong position at $70+ and thrusting upward at a weak $85 resistance line, Litecoin spirals up and out of the meme generation. With all indicators looking positive for the crypto industry... We must look to utility in the coming months for profitable gains, I believe, with crypto underdog quietly taking the lead... LITECOIN What we know: - BINANCE:LTCUSDT active (true) market cap is $2.3 billion if you do not include dormant/lost Litecoin from early adoption years. - COINBASE:LTCUSD circulating supply is 1/4 the scarcity of BINANCE:BTCUSDT - BINGX:LTCUSDT Volume / Liquidity is 1/10 of COINBASE:BTCUSD - KUCOIN:LTCUSDT market cap is less than 1/50 of INDEX:BTCUSD - BINANCE:LTCBTC scales BINANCE:BTCPERP on layer 2 using Lightning Network, a high speed / low fee P2P transaction protocol. - COINBASE:LTCBTC competes with other layer 2 protocols such as BITSTAMP:ETH2ETH and BINANCE:MATICUSDT but is wildly undervalued in market cap comparison All things considered, I obviously don't think anything will pass Bitcoin. However I do believe, competitively, Litecoin will outperform it's layer 2 competitors like Ethereum in the coming months/years just on basic fundamentals alone. My price target for Litecoin in 2023: $375 - $3500
Long
by UnknownUnicorn47199281
Oracle: Sweet Temptation 🔥Oracle is moving dangerously close to the resistance line at $85.58, which would activate our alternative scenario. In that case, the stock would rise further into the green target zone between $85.45 and $92.50 to finish off the grey wave alt.I before sinking back into a correction. Primarily, we expect the course to drop into the green target zone between $72.66 and $63.46 to complete the grey wave II. After completion, we predict Oracle heading North in the longterm.
NYSE:ORCL
by MarketIntel
NASDAQ trend lines to watch in the new yearIt is important to step back and look at the big picture sometimes. The NASDAQ is testing the support of the green channel. May see a bounce here, but I think it is more likely that it tests the top of the blue channel in the coming month. Maybe more importantly the black trend line (around 9,500-10,000) looks like a good place to bottom in the near term. Let's hope that holds, else the blue channel center line is next support if dot com crash is anything to go by. Weekly Daily
TVC:NDQ
by Dr_Roboto
1
Coal = Gold 3.0 - The New Paradigm Breakoutor this may be a 2B double top extension. (see Bitcoin Nov-2021 2B top, or see Gold-ounce double top from Ukraine tensions in Spring 2022) I think that the coal new paradigm pump is a sell the news event, energy supply tensions are easing and in the USA the domestic stress of a Rail Workers Union strike will be resolved within weeks. Strong Supply flows will dampen the heightened speculation about Coal companies going up forever (with their notably favorable P/E and P/FCF rates) "Years ago, I recognized my kinship with all living things, and I made up my mind that I was not one bit better than the meanest on earth... While there is a lower class, I am in it, while there is a criminal element, I am of it, and while there is a soul in prison, I am not free..."
NYSE:CEIX
by noam_chom
Is Apple about to be 'bitten'?Apple is one of the companies whose stock price is overvalued, and the company is facing several severe issues: 1. Big tech layoffs. If US tech is doing quite poorly and companies are laying off people, they probably won't buy new equipment or software. The fired tech workers probably won't be buying stuff for themselves either, and neither will those that see their colleagues fired. 2. Apple's production in China faces significant problems due to lockdowns or because the 'employees' are revolting. These disruptions hurt the reliability of Apple, as well as its image. Unfortunately, many employees are working and living in awful conditions, which is being exposed. Many ESG funds that hold Apple could end up having to dump their shares based on these concerns. 3. Some US politicians are increasingly worried about the connections between Apple and the CCP. With Apple 'threatening' to remove Twitter from its Appstore while supporting the CCP in an era where tensions between US and China aren't great, we could see Apple face more pressure to move away from China. That could increase their costs significantly while also disrupting production even further. 4. As retail consumers are affected by inflation and high-interest rates, they will spend less on buying new stuff, and many devices/apps aren't necessary. At the same time, Apple has been raising its prices due to increased costs (of production), which might further incentivize customers not to purchase their products/services. As if these weren't enough, some of its new products aren't that much of an upgrade to the previous versions. 5. As the world is moving closer toward open source and open technologies/marketplaces, the 30% tax on the Apple app store looks worse and worse by the day. Based on the above, the free market and politicians in the US might try to break Apple's monopoly, which could initially lower its revenue. 6. Current Apple valuation is 3.4x that of the entire crypto market (stablecoins excluded). This is just too large. AAPL is trading below all its major moving averages, has broken its old uptrend, and has plenty of room to move down toward that major gap at 96$. Most major US companies have fallen more than 30% and have filled many significant gaps, yet Apple has not. Therefore it is possible to see the stock price go down to those levels in the next few months.
NASDAQ:AAPLShort
by BitcoinMacro
1
SQQQ Simple Chart AnalysisSQQQ - For those who don't have short play in your trading platform, you may actually consider this SQQQ to long. As long Nasdaq continue to fall, this chart will rise. Is a vice versa kind of chart. - If Nasdaq fail to rebound strongly today at support, individual may consider this to long. How to view the guidance via chart ( Refer back to pin message guidance if to trade ) Red Line = Support Blue Line = Resistance Light Blue = bullish/bearish pattern Arrow = Double/Trip top/bottom Red Chip = $$ Green Chip = XX
NASDAQ:SQQQ
by FFCloud
iQIYI - an odd ball pending breakoutJust happened to screen and find that iQIYI appears to have had a recent good run and the short term weekly TDST has been broken out of, closing above with two more weeks to end the TD Setup. Technical indicators are bullish, MACD is post-bullish divergence indication. On a weekly scale, the yellow box is the range, from 2-5, being near the resistance currently. Anything near 3.6-4.0 appears to be a good deal. Else, a breakout is likely to see 8-10. Interesting odds for an odd ball... Anyone else have (fundamental) comments or views on iQIYI ? Please do share...
NASDAQ:IQLong
by Auguraltrader
1