1. Trend & Price Action: Ascending Trendline: PLTR is following a rising trendline, but the price appears to be consolidating just below recent highs. A break of this consolidation will determine the next significant move. Support Zones: 40.28: This is an important support level. If the price pulls back, buyers might defend this area. 38.80: Deeper support is...
1. Trend & Price Action: Uptrend Line: SPY is riding an ascending trendline. The price has pulled back slightly but remains close to the trendline, suggesting buyers are still defending this upward momentum. Support Zone: The green zone (around 576.13 – 577.59) is a key support area. If this support holds, there is a possibility for a continuation toward 580.33...
1. Trend and Channel QQQ is currently moving within an ascending channel. The recent price action suggests consolidation near the upper trendline, indicating the potential for either a breakout or pullback. 2. Key Levels to Watch Resistance Level: 494.47 A breakout above this level, with strong volume, could lead to further upside toward 498 or higher. Support...
NVDA is trading around $134.88 as of the latest price action on the 1-hour timeframe. Let’s break down a technical analysis (TA) for tomorrow’s trading: Key Levels: Resistance: The nearest resistance is around $135.00, as indicated by the current price struggling to break through that level. Beyond $135, there could be resistance near the $138.94 to $140...
Key Levels: Support: $232.46 (marked as the current low). $239.68 is another significant support level based on the red line drawn. Resistance: $249.89 and $252.14 are key resistance levels indicated by the blue lines. The price is currently battling around $241.05, which can act as an immediate resistance level based on recent rejection. Volume &...
Price Action: Current Resistance: The stock is near resistance at $43.87, which is testing the highs of the current trend. A clear breakout above this level would signal continued bullish momentum. Support Levels: The key support areas are at $41.23 and $40.12, with the latter being a significant level where buyers stepped in during the previous dips. Uptrend:...
Price Action: Current Resistance: QQQ is encountering resistance near the 493.71 - 494.47 level. This zone has been tested several times but hasn't been broken, suggesting possible overhead supply. Support Levels: Strong support is evident around 479.90 - 483.34, indicated by the green order block zone. Buyers have shown interest in this region on previous...
Price Action: Current Resistance Zone: SPY appears to be hovering around a resistance zone near 577.64 - 577.71. These levels have seen multiple tests but no breakout. The market has consolidated in this region. Support Zones: There's a visible support area at 565.31, marked by a green order block on the chart. The price has previously bounced from this...
Current Levels: Support: NVDA has support around $132.12 and $131.36. A drop below $131.36 may see the price test lower support at $126.31. Resistance: Key resistance levels are seen at $132.89 and $134.85. A breakout above $134.90 could see NVDA pushing toward new highs in the $136+ range. Trend Analysis: NVDA is currently in an ascending channel, indicating...
Current Levels: Support: The key support levels to watch for TSLA are around $240.36 and $239.47. A break below this could potentially bring the price down to test $237.83. Resistance: The primary resistance levels are at $241.58, followed by $244.60 and $246.23. A move above $252.14 would signal a breakout. Trendline: The downtrend line is still in place. TSLA...
Key Levels: Resistance: 43.34: This level marks the recent high, which could act as resistance if the price attempts to push upward. 43.02: Slightly below the high, this could also act as a minor resistance level. Support: 41.21 - 41.45: A potential support zone, as shown by the red lines on the chart, may hold up the price if a pullback occurs. 40.29: This...
Key Levels Support: 572.44: A recent support level indicated on the chart, near the current price range. 565.82 - 565.25: This zone represents a strong demand area, as indicated by the red bars below, which may act as a buffer if price retraces. Resistance: 577.71: This is the most recent high, indicating potential resistance if SPY tries to break upwards...
Price Action Current Price: QQQ is trading around 492.95. Trend: It appears to be in an uptrend, confirmed by the ascending trendlines which show higher highs and higher lows. The price is currently near the top of this trend channel, meaning it might face some resistance soon. Support and Resistance Immediate Resistance: Around 494.00. The price has...
BTCUSD experienced a sharp drop, currently trading around $60,632, and has broken down from its recent support zone. Support Levels: The price is hovering just above a support zone at around $60,000. If BTCUSD breaks below this, the next key support to watch is at $58,389. Resistance Levels: On the upside, the first resistance to watch is $66,508, with more...
Price Action: Current Price: $132.99, with a recent high at $133.48. Trend: NVDA is in an ascending channel, continuing a strong bullish trend with higher highs and higher lows. Key Levels: Support: Immediate support at $130.61, which is the mid-level of the recent upward channel. Lower support at $127.72, near the previous breakout...
Price Action: Current Price: $41.65, with a high at $42.12. Trend: PLTR is in a strong bullish trend, having recently broken above the key resistance at $40.29. It has been making higher highs and higher lows. Key Levels: Support: Immediate support at $40.29 (previous resistance turned support). Lower support at $38.89 where the price consolidated before the...
Price Action: Current Price: $573.33, with a recent high of $573.78 and support at $572.69. Trend: SPY is trading within an upward trajectory, breaking above previous resistance levels around $572, showing bullish momentum over the last trading sessions. Key Levels: Support: Immediate support at $572.69. Stronger support zone between $565.25 and $565.82, which...
Price Action: Current Price: Around $223.06, with a recent low of $221.80. Recent Trend: The stock has been trending downward since the break below the upward channel, indicating selling pressure. Volume: Volume is relatively higher around the current price range, indicating strong interest in this level, possibly acting as support. Key...