AlphaBotSystem

AlphaBotSystem

🏁On our last ZIL chart, we illustrated how ZIL was coming up to heavy resistance on higher time frames and only has a handful of key support ranges below. What the bulls need to do to maintain momentum in the current uptrend is to find support ASAP and quickly head higher. Failing to do this isn't the end, it just really dampens the immediate bull case, which...

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🔵 Vchain (VET) has been on a serious run lately. Initially, part of this was likely the anticipation of Binance futures (which isn't necessarily bullish). Now there is more news that has eyes on VET with potential for a Coinbase listing. With that in mind, despite the bullish price action and recent headlines, VET is at pretty notable point of resistance here....

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🐮🖥️🐮 Apple and Microsoft are giants of tech and some of the largest holdings of the major indexes. If these companies run, not to mention the other tech giants like Facebook and Alphabet, then the markets will almost certainly run with them. Just look at the top 5 holdings of the S&P : Microsoft Corporation 5.68% Apple Inc. 5.60% Amazon.com, Inc. 4.26% ...

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🔞Zil has made a mind-blowing 1,200% run since the COVID bottom, despite being in a longterm downtrend before that. While the trend still good, ZIL is coming into a heavy amount of resistance. Will the bulls keep this momentum going, or is ZIL ultimately headed back down? Let's take a look at some levels to see what both the bulls and bears are up against. ...

AlphaBotSystem

🍦 The future of sugar futures looks sweet. Sugar futures have been trending well recently, with levels being constantly respected, so the chart is attractive from that perspective. It is especially attractive for the bulls given the current recovery on the back of the COVID correction. With that in mind, despite the bullish price action, this hot sugar chart...

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🛑 The pound is showing weakness as it seems to move in lockstep with the broader markets today. Further, economic data is set to come on Friday which should show a contraction in the UK economy due to the lockdowns. While short term trends are bearish and the COVID fears are ramped up, there is still a case for the bulls due to the overall bullish trend... if...

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👁️‍🗨️Crude Oil's trend is still bullish despite a drop in the broader market that is pulling oil along with almost everything else down with it. While weak demand is ramping up storage fears (fears should have been quelled by the OPEC+ deal to cut production, but doubts over compliance linger) the overall trend for oil along with the OPEC+ deal itself is still...

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💥💥The S&P 500 looks like it could be looking at a little downside as the market figures out what it thinks of the very impactful FED speech. Do we rally here as the market focuses on stimulus and low interest rates for years to come? Or, does the market panic a little over the unemployment rate. Both moves are valid, but we think whatever panicking being done is...

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👨‍💻 AMD has been making advances in technology, earnings, and pure bullish price action on the whole. Despite some consolidation recently and the chance of more consolidation in the near-term, we still see upside potential for this titan of chips. Support. The S1 bullish S/R flip is a key support level for the bulls. Although rejection at this level could lead...

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📊🧐 Analysts have low expectations for Lululemon earnings this quarter, but the chart and other factors (like its expansion into international markets) point to high hopes moving forward. In the chart, we take a look at some levels for LULU and compare its strength to the S&P (White) to show how recent weakness and divergence from the broader market's uptrend...

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⛽📱Fuelcell energy expectations going into earnings tomorrow are poor to mixed. However, green energy stocks have been performing rather well recently, and there is a solid chance FCEL will continue to benefit from that sector-wide momentum. While we aren't ready to open a long position on this one ourselves, we will take a look at some potential levels of...

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🚢 The Cruise line industry seems to be on the rebound in terms of business, and many stocks once beaten down by COVID seem to be on the up-and-up as well. Given that, it isn't surprising to see Carnival Cruise Line's stock breaking out of the COVID bear and into a bullish uptrend. Despite some concerns that it might be too early to book a ride on the bull...

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⛓️LINK is typically nonstop good news and bullish price action machine. This is in no small part to Chainlink's oracle technology being embraced by so much of the crypto ecosystem. With that said, LINKUSDT is up against some very real resistance here. Do the Link Marines have what it takes to take out the previous highs, or is this one battle that even the...

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🆕 TRON 4.0 is coming out today and the trend looks solid, it is no wonder we have seen some bullish chatter and charts going around recently. While we agree that the trend looks good, we are now heading into some stiff resistance right as Tron 4.0 launches. What the bulls need here is "upward momentum on the news" (although to be fair, master marketer Justin...

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1️⃣ Despite a lawsuit against Block.one for EOS token sales, EOSUSDT and EOSBTC charts are both showing strength. While the broader market is consolidating, the trend of the general market is still bullish. Given the trend of EOS and crypto as a whole, it makes sense to map out some support levels to try to get a long position in this range. Support: First up we...

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🏬 Between a weak earnings outlook, years of growth for online shopping, COVID, and the protests the last place you would think people would want to put their money is in retail giants like Macy's... yet, here we are. M has had a solid recovery since the COVID crash. That said, we think this Macy's day parade may be coming to end as we go into earnings and get...

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📊 Bulls have been on a COVID recovery rampage despite some unrest in the streets. While we are seeing a pullback on some previously bullish S&P holdings (for example Apple and Microsoft) today, the market is still somewhat mixed as money flows into banks, airlines, etc. Overall there is no indication that the top is in, but there is some indication that a...

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👨🏽‍✈️ Boeing and airline stocks have performed very well recently, in-fact many of the stocks beaten down by COVID are on the move. Of all of these stocks, Boeing has one of the best looking charts around. Add to that that production is ramping up along with demand, and we have a great justification for a long position along with the newly formed bullish...