Gehad_Abouelela

Gehad_Abouelela Updated 

witnessed a strong rebound after forming a higher low at 6.85, to violate the resistance level at 8.63 in yesterday's session. Holding above this level, will push the stock to test the last peak at 9.84, which is the level that needs to be violated to confirm the current uptrend, triggering further rises near 10.35 - 10.80 - 11.30 - 12.00. The stop-loss lies...

Gehad_Abouelela Updated 

witnessed a strong rebound in yesterday's session after attempting to test the support level at 12.84, to close at the last peak 15$, which is the level that needs to be violated, to confirm the current uptrend, triggering further rises near 17.79 - 19.61 - 21.62 - 24.09, where the historical peak lies. The stop-loss lies below 12.70$. the indicators are...

Gehad_Abouelela Updated 

Rivian showed a strong rebound after forming a higher low at $13.23, violating the previous peak of $15.00 during yesterday’s session. A confirmed breakout above the critical resistance at $15.00 by sustained trading above $15.00 in today’s session will confirm the current uptrend, triggering further rises near 15.85 - 16.45 - 17.05 - 17.56 - 18.86 in the...

Gehad_Abouelela

Lucid Group rebounded after forming a higher minor low at $2.27, signaling initial strength. The price successfully closed at the recent minor peak of $2.73. A confirmed breakout above $2.73 could shift the trend to an uptrend in the short-term, with potential upside targets lie around $2.90, $3.20, $3.37, and $3.50. The stop-loss lies below 2.27$. the...

Gehad_Abouelela

Uber witnessed a strong rebound after forming a new higher low at 67.12$, violating the last peak 74.50 - 76.50$. and the confirmation of this breakout by remaining above 76.50$, will confirm the current uptrend, triggering further rises near 78.85$ - 81.23$ - 82.20$ - 84$ in the short-term. The stop-loss lies below 73.45$. the indicators are heading toward the...

Gehad_Abouelela

Taiwan Semiconductor witnessed a strong rebound in yesterday's session, violating the major resistance level 175.45$, and the confirmation of this breakout by remaining above 175.45$, will confirm shifting the trend to an uptrend, triggering further rises near 184.86$ - 193.47$ - 200$ - 209$. The stop-loss lies below 172.60$. the indicators are heading toward...

Gehad_Abouelela

Netflix witnessed a strong rebound after forming a new higher low at 660.80$, violating the last peak 711.33$ in yesterday's session. and the confirmation of this breakout by remaining above 711.33$, will confirm the current uptrend, triggering further rises near 743 - 770 - 800 - 840 in the short term. The stop-loss lies below 688$. the indicators are heading...

Gehad_Abouelela

Nvidia witnessed a rebound after forming a higher low at 113.22$, to close at the last minor peak at 120.80$, which is the level that needs to be violated, to shift the trend to an uptrend on short-term basis, triggering further rises near 131.26 - 136.15 - 140.75. support1: 113.22$ - support2: 108.80$ - resistance1: 120.80$* - resistance 2: 124.70$ The stop-loss...

Gehad_Abouelela

Royal Caribbean witnessed a rebound after forming a higher low at 167.86$, violating the major peak 173.37$ in Friday's session, and the confirmation of this breakout by remaining trading above 173.37$, will confirm the major uptrend in short and medium-term, triggering further rises near 179$ - 185$ - 189$ - 200$. support1: 173.37$ - support2: 169.47$ -...

Gehad_Abouelela Updated 

Citigroup witnessed a strong rebound recently after forming a major higher low at 58.56$, to violate the major peak 65$. then, Confirming this breakout by remaining trading above $65 in today's session will confirm the major uptrend., triggering further rises near 67.60 - 69.11 - 71 - 73 - 74.65. The stop-loss lies below 63.75. the indicators are heading toward...

Gehad_Abouelela

Robinhood witnessed a strong rebound after forming a higher low at 21.72, to violate the last peak at 24.28, and the confirmation of this breakout by remaining above 24.28, will confirm the current uptrend, triggering further rises near 25.20 - 26.40 - 27.70 - 28.60 on short term. The stop-loss lies below 22.75$. the indicators are heading toward the positive...

Gehad_Abouelela Updated 

JPM needs to violate 199 to the upside, to trigger a rebound near 200.94 - 203.30 - 205.88. As 205.88 is considered the last major peak that needs to be violated, to confirm the major uptrend, with potential targets at 210 - 215- 217.35. The stop-loss lies below 195.35, as a break below it, will cancel the mentioned positive scenario. The information and...

Gehad_Abouelela Updated 

Lucid Group witnessed a strong rebound after the violation of the simple moving average 100-day, to close below the major resistance 3.35, which is the level that needs to be violated, to confirm the current positivity, which will push LCID to test further rises near 3.62 - 3.92 - 4.09 - 4.49 - 4.85 - 5.31 on the short term. The stop-loss lies below 2.94$. the...

Gehad_Abouelela Updated 

There are 2 gaps formed in ''Rivian Automotive'' in the 1st half of 2024; the first gap called '' Exhaustion Gap'', formed on last February, as it appeared after a downtrend that started in July 2023, (which means this downtrend is finished!), and after this, the stock witnessed a sideway move for 4 months, which is considered an accumulation phase, then after...

Gehad_Abouelela

AGNC witnessed a sharp rebound after attempting to test the uptrend line at 9.36$, to violate the upper boundary of the sideway range at 9.95$, a level that the stock has remained below since January 2024. Hence, remaining above this level, will push the AGNC to surpass the current major resistance at 10.19$, which will trigger further rises near 10.42$ - 10.64$ -...

Gehad_Abouelela

Wheaton Precious Metals Corp witnessed a strong rebound after forming a new higher low at 52$, to violate the all-time high at 57.90$, and if it continues to stay above this level in today's session (to close above it on a weekly basis), it will confirm the major uptrend, triggering further rises near 61.50 - 63.80 - 65.85 - 67.50 on the short term The...

Gehad_Abouelela

one weekly chart, the Agnico Eagle Mines Limited witnessed a strong rebound after forming a new higher low at 63.00$. It violated the last peak at 71.51$ during the current week. If it remains above this peak by the end of Friday's session, it will confirm the current uptrend in the medium term, leading to further rises near $76.70 - $80 - $85.50 - $89.25 in the...

Gehad_Abouelela Updated 

Applied Digital Corporation witnessed a strong rebound after testing the uptrend line at 3.95, to violate the last peak at 5.00$, and the confirmation of that breakout by closing above this level for 2 trading sessions, will confirm shifting the trend to uptrend, which will trigger further rises near 5.58 - 6.36 - 6.80 - 7.44. The stop-loss lies below 4.65. the...