The past couple of weeks PEP has been trading inside a symmetrical triangle which within appears to has formed an ascending triangle. Breakout from both happened arround may 6 with above average volume and now price could potentially reach 196 up to 206 price target. There is a golden cross nearly done in Weekly and the price has recently bounced from EMA 200...
PG appears to be breaking an ascending triangle pattern. Price already above EMAs, RSI still under 70% and good volume are a good set NYSE:PG up for a long. Besides, current trendline is the same from 2018 so seems solid at this point. We'll see The pattern target should be near 200 and stop at 159.
Sony is trading within a range from 100 to 80 since 2023. Rigth now, price is at 83 and has formed a cup and handle pattern at 4h that could potentially drive prices up to 95. The nearby support at 80 gives confort for a tight stop and price is already above EMA's and RSI above 50% so upward momentum is here. Aditionally, in 1D seems to be an harmonic pattern...
A NYSE:PLTR s a software company PLTR seems to be doing great and the past earnings weren't the exception. Even when price is down because of a less than prior quarter growth rate in commercial revenue, fundamentals seems solid with the only issue being a very high P/E ratio. From a technical perspective, the price is resting on a strong support zone and held...
NASDAQ:AAPL Apple's price is currently trading below 20 and 50 EMAs at weekly temporality but overall price action seems bullish. Although there was a rejection at the 50 EMA in a false breakout of the falling wedge and the price is again inside the pattern it remains above EMA 200 that holds the lower limit of the long term channel. It also looks like an...
BITFINEX:DOGEUSD The chart looks pretty similar to what happened on april, MACD stopped at the same high and even the RSI follows the trend. The fibo extension marks 0.7 as a fair resistance that could be the new rock in the way. If we follow what the price did before, would be expected a little rise below 0.7, maybe inside the channel marked by the purple...