Charts_M7M

Charts_M7M

🔻 Trend Direction: The trend is clearly bearish, with strong selling momentum dominating the GBP/CHF currency pair. The price has broken below key levels and is showing no immediate signs of reversal, indicating a strong continuation of the downtrend. 💡 Key Observations: 1️⃣ The strong sell-off aligns with the saying, "Let the trend be your friend," as the...

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The USD/CAD pair has been trading within an ascending channel but recently broke out, reaching a significant resistance level from March 2020. This resistance appears to have halted the bullish momentum, suggesting the possibility of a correction in the coming sessions. 💡 Key Observations: 1️⃣ The price broke above the ascending channel but is struggling to...

Charts_M7M

Target 1: $147 Target 2: $161 Stop Loss: Based on your risk tolerance. Why AMD? AMD’s financials this year are impressive: Revenue up +17.57% Net income up +157.86% Earnings per share up +31.43% Despite strong results, the stock is down 8% YTD, creating a potential buying opportunity. In August, the price surged from $121 to $161 in just 15 days, hitting the...

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When a stock is expected to reach new all-time highs, there’s often no clear technical level to mark those targets on the chart, my dear traders. However, from a broader perspective, Apple (AAPL) continues to demonstrate strong growth potential. In my view, there’s no fundamental reason to believe the stock will not keep climbing. Apple remains a solid choice for...

Charts_M7M Updated 

With Trump’s win likely strengthening the U.S. dollar, EUR/USD has reached a notable support level that has held firm over the past year. This level may lead to a short-term bounce, but continued downside is possible due to factors like holiday spending patterns, potential new sanctions on China, and renewed confidence in the new administration. I’ll be watching...

Charts_M7M Updated 

Crypto Market Surge: Bullish Targets for Bitcoin Set at $86K and $100K The crypto market is showing extraordinary strength, and Bitcoin has already crossed $80,000, setting the stage for even higher targets. With Donald Trump’s win reigniting optimism, crypto-friendly policies may soon follow, which could offer a supportive backdrop for the next phase of this...

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🛠️ What they do: They focus on data storage and management solutions—a critical sector in tech. 📊 The chart: 15-min (left): Short-term bullish momentum, with support near $16-17 and potential to push higher. 1-week (right): Signs of reversal in the long term, but still high risk. ⚠️ Risk: Very volatile—manage your trades carefully. 💡 Outlook: Short-term...

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Ethereum (ETH) appears to have significant bullish potential in the near term. Based on the current technical indicators, I believe ETH could reach $5,000 relatively soon and potentially move towards $7,000 within the next 1-2 years. While I may not be a dedicated crypto trader or heavy investor, the fundamentals supporting Ethereum’s growth remain strong. Key...

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Super Micro Computer, Inc. (SMCI) has recently shown a notable pullback, presenting what I believe to be a massive opportunity. Despite the stock’s short-term volatility, SMCI remains a sleeping monster with huge upside potential in my view. The recent decline toward the $35 mark (down from $50 earlier this week) can be largely attributed to two...

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Gold has been showing clear bearish momentum on the 4-hour chart, and the current price action suggests further downside potential. 1️⃣ Rejection from the Strong High: The price was firmly rejected at the $2,740 resistance zone, signaling the dominance of sellers in the market. 2️⃣ Weak Low Target Zones: With the break of structure (BOS) confirming bearish...

Charts_M7M Updated 

After Tesla's significant price surge, it has now reached a strong resistance level. From this point, traders may anticipate a price correction, potentially in the form of a minor pullback, before resuming the uptrend. Additionally, Elon Musk's recent statement that older Tesla models won’t support the self-driving feature could contribute to a further price dip....

Charts_M7M Updated 

Ethereum has recently dropped to a significantly lower level after trading above $4,000. At $2,500, many investors see the price as undervalued, potentially driving a rally toward the $3,000 mark, offering a 20% profit opportunity from the current price.

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While browsing through Intel's chart, I noticed something unusual, and I might sound delusional, but hear me out. For the past 5 months, Intel seems to swing consistently on 26-day timeframes. Every swing—whether up or down—follows this pattern with a clear direction from the beginning. Do you see it too, or is it just me? 🤔 What’s even more interesting is that...

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NIO Inc. is showing signs of a potential bullish trend in the short term, supported by both technical and fundamental factors: Technical Perspective: Strong Support Zone: The price is currently holding above a key support level near $4.50, previously marked as a "strong low," which indicates buyer interest in this zone. Change of Character (CHoCH): Multiple...

Charts_M7M

1️⃣ Bullish Triangle Pattern The chart forms a bullish triangle, with higher lows and a descending trendline. This indicates potential accumulation before an upward breakout. 2️⃣ Strong Support Level The $68-$69 support zone, established in September, has held firm, showing strong buying interest and rejecting further downside. 3️⃣ Broken Resistance Line The...

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NVIDIA remains a leader in AI-driven markets, benefiting from demand for GPUs in data centers, gaming, and AI development. Its AI and machine-learning capabilities are shaping industries like autonomous vehicles and healthcare. However, valuation concerns and risks tied to macroeconomic shifts or supply chain vulnerabilities may pressure the stock. Looking ahead...

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📊 Technical Analysis: Amazon's stock continues to show impressive strength, breaking past the $200 and currently trading at $217.94. This surge aligns with the typical year-end "Santa Claus rally," where stocks often benefit from increased retail activity and market optimism. With consumer spending on the rise and seasonal trends providing a tailwind, Amazon...

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The CAD/JPY pair is showing signs of bearish momentum within a descending channel on the 1H timeframe. The recent price action indicates potential for further downside, supported by technical confirmations: Descending Channel: The price is respecting the boundaries of a well-defined bearish channel, suggesting continued downward momentum. Weak Low Formation: The...