Thewolfofzurich
BTC: Bearish -BAT detected.BTC: Bearish -BAT detected.
Euphoria when the BalckRock ETF rose on BITCOIN and in the heads of investors
BEWARE of the BULL TRAP!!
I detected a Bearish BAT
caution
the EMA.50 and EMA.200 remain potential targets
LEVELS :
On the rise: 48 500-49 000
On the decline :
40 690
39 746
36 170
GOOGLE:BAT/BALCK SWAN/Wolfe WaveGOOGLE:BAT/BALCK SWAN/Wolfe Wave
Google/Alphabet is one of the “Magnificent Seven” and the performance of recent months is indisputable. However, even though the fundamentals are all green, there may be a "Black Swan" nestling within Mountainview society, this black swan might even have the face of the Department of Justice. Indeed, for several days, judges have been digging into the past to find out whether Google would not have abused and used financial manipulation to obtain this dominant position in search engines.
Whether we subscribe to this conspiracy theory or not, we cannot neglect the fact that the government will want to make an example and deprive Google of its current privileges - such as, for example, being the default search engine at Apple - this hypothesis could even justify the probability of a severe correction, even if, in the long term, it should not have too much impact either. Add to that the fact that the Magnificent Seven are tired after their 2023 rally and you have a "perfect storm" looming over Mountain View.
NVIDIA: Bearish- SHARKS detectedNVIDIA: SHARKS detected
In a significant industry shift, Baidu Inc. BIDU has reportedly ordered AI chips from Huawei in a move away from its longtime supplier Nvidia Corporation NVDA, signaling changes in global technology alliances. What happened: Baidu struck a deal with Huawei to supply artificial intelligence chips, marking a shift from its usual supplier, Nvidia, Reuters reported. The move is attributed to increasing US restrictions on technology exports
to monitor:
EMA.200 and EMA.50
GAPS around $423 and $306
the PRZ
SGO: Bearish-Shark+ Wolfe Wave+ GartleySAINT GOBAIN: Shark+ Wolfe Wave+ Gartley detected
A harmonic SHARK and GARTLEY pattern have been detected
furthermore A Bearish Wolfe wave.
you need to monitor the EMA.50 and EMA.200, as well as your Fibonacci and Bollinger levels.
Also note that Compagnie de Saint-Gobain is among the world leaders in the manufacturing and marketing of construction materials for the construction, mobility, health and industry sectors. The activity is organized around 4 poles:
- manufacturing of high-performance solutions: ceramic products (world no. 1 in thermal and mechanical applications of ceramics) and plastics (world no. 1), abrasive products (world no. 1) and reinforcing materials (world no. 1 in glass threads);
- distribution of materials: notably under the Point.P brands in France, Dahl in Scandinavia and Telhanorte in Brazil;
- manufacturing of construction products: exterior products (facade and PVC products, asphalt shingles, etc.), insulation (glass wool, insulating foam, metal ceilings, etc.) and pipes, industrial mortars and gypsum materials;
- manufacturing of glazing: flat glass, automobile glazing, specialty glass (fire-resistant glass, nuclear protection glass, etc.). The group is also developing a glass processing and distribution activity for the building industry.
in addition, the appointment of Arnaud Tractere, new general manager of Saint-Gobain Weber France, could be a GAME Changer He took office on November 1, 2023, succeeding Marine Charles.