Key Levels Support Levels: $248.72: Near-term support level where buyers may step in if price approaches this level. $232.00: Stronger support level if the stock continues its downtrend. Resistance Levels: $255.69: Immediate resistance where the stock is currently testing. A break above could suggest a bullish move. $263.34: Next key resistance; breaking above...
Key Levels Support Levels: $40.80: This recent low could serve as the nearest support, where buyers may show interest. $38.03: Further down, this level represents a stronger support if price action sees a steeper decline. Resistance Levels: $42.06 - $43.00: This range acts as the immediate resistance zone; breaking through here could signal a stronger bullish...
Resistance Levels: $578.35: Immediate overhead resistance where recent selling pressure has been observed. This level could act as a barrier, especially in the early trading session. $583.29 to $584.50: Stronger resistance range. If SPY pushes above this, it could signal potential for further upside, but watch for rejection around this range if volume...
Technical Analysis Resistance Levels: 585.26: This level represents a recent high and serves as a short-term resistance. If SPY breaks and holds above this, it could lead to further bullish momentum. 584.44 and 583.05: These are additional resistance zones, highlighted in red, which could act as potential selling zones if SPY approaches them. Support...
Price Action and Support/Resistance Levels Support Levels: $44.04: This level has been tested multiple times recently, showing strength as a near-term support. $42.06: Major support, which has been previously tested, could serve as a strong base if prices drop below the upper levels. Resistance Levels: $45.22 to $45.50: This zone seems to be a significant...
Price Action and Trend RIVN has shown a recent pullback after rallying, with a clear break from the recent high around $11.11. The current price near $10.48 indicates it may be stabilizing after a drop, as indicated by the lower wicks on recent candles, suggesting buying interest. The uptrend (depicted by a rising trend line) shows potential for a retest of...
1. Current Price Action Consolidation Phase: TSLA appears to be in a consolidation phase around the $260-$270 level after a recent upward trend. Price has recently struggled to break higher, indicating potential resistance overhead. Volume Analysis: The recent volume spikes during pullbacks suggest some selling pressure, but the lack of follow-through indicates...
1. Trend Analysis and Chart Patterns: Ascending Trendline Support: AMD is showing an uptrend with higher lows, as indicated by the ascending trendline. This trendline can act as support, and a break below could signal a potential shift in trend. Bullish Momentum: AMD has recently broken above a previous consolidation, which can indicate bullish momentum if it...
1. Chart Patterns and Price Action: Descending Triangle: SPY is forming a descending triangle pattern with lower highs, which typically suggests bearish pressure. A break below the triangle support could indicate a bearish continuation. Downtrend: The chart shows lower highs and lower lows, confirming a short-term downtrend. 2. Support and Resistance...
Ascending Channel: PLTR is trading within an ascending channel, which suggests an upward trend. The upper and lower boundaries of this channel are marked by the white trendlines. If it holds within this channel, it may continue trending up. Key Levels: Resistance: Around 45.75, as marked by the upper red line, has acted as a resistance level, where price has...
Key Levels Resistance: 190.45 - 191.52: Major resistance range where AMZN previously faced selling pressure. Breaking above this could signal bullish momentum. 188.34 - 188.26: Short-term resistance zone. A break above this level may open the path to retest higher resistance levels. Support: 187.49 - 187.83: Key support zone. If AMZN holds this range, it could...
Key Levels Resistance: 170.75 - 170.72: Major resistance range where GOOG has faced selling pressure. 169.23 - 169.16: Short-term resistance zone. If the price breaks above this, it may test the higher resistance levels. Support: 167.61: First layer of support, which could provide a bounce opportunity. 165.76: Stronger support level; a break below this could...
Key Levels Resistance: 273.58: This appears to be a major resistance zone, possibly challenging for a breakout. 261.56 - 262.86: A range showing short-term resistance. A clean break above may lead to further upside movement. Support: 249.89: Key support that has previously held. 223.56 - 223.84: Major swing support area. If price reaches this level, it could...
Key Levels: Resistance Levels: $232.00: Recent overhead resistance; a strong breakout above this level may signal bullish momentum. $237.23: A significant resistance level where a potential reversal may occur. Support Levels: $230.05 - $227.75: This area shows a cluster of recent support. A breakdown below $227 could see further downside. $224.00 (Approx):...
Trend and Price Action: MSFT has seen a mix of upward and downward movements, with price consolidating near resistance levels. The trendline suggests some recent selling pressure as MSFT has started to pull back from its highs around $432.52. Support and Resistance Levels: Resistance: Key resistance is around $432.52, where MSFT may face selling pressure. A...
Here’s a technical analysis for PLTR ahead of tomorrow’s trading session: Trend and Price Action: PLTR shows an uptrend with a strong upward move recently, consolidating just below resistance levels. The trendline in place could act as dynamic support if there’s a pullback. Support and Resistance Levels: Resistance: Key resistance lies around $45.07, and a...
Based on the 4-hour chart, here’s a technical analysis for TSLA ahead of tomorrow’s trading session: Trend Analysis: TSLA recently broke out of a descending channel, suggesting a shift in sentiment. The breakout appears strong, supported by increased volume, indicating bullish momentum. Support and Resistance Levels: Resistance: The next immediate resistance is...
Detailed Support and Resistance Levels Support Levels: 574.36: This is a crucial support level. If SPY stays above this level, it may serve as a solid base. If it breaks below, expect further downward pressure. 571.35: This is the next key support level. A break below this could indicate a stronger downtrend, potentially bringing SPY down to lower price...