StockAnalystPro

StockAnalystPro

The long term consensus for EURONEXT:MC is still bullish . In this bullish context , it has formed a flag pattern on the daily chart which is a continuation pattern looking to be confirmed by a breakout . If this pattern is confirmed by a significant breakout and a close above the upper line , then the price would have a high probability to continue upwards...

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COMEX:GC1! formed a triangle chart pattern on the monthly chart .If Gold confirms this continuation pattern by breaking and closing considerably above the triangle (Ideally above the 1880-1900 area ) ,then the price could skyrocket in the following months towards the 2500-2650 area . So far It looks like it's going to break above the triangle since everything...

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QSE:QNBK just broke above an important level . At this point there is a high probability it continues upwards towards the blue rectangle (27-28.3 area) . This target could be hit around october 2022 if the market keeps this recent bullish momentum . The buy target could be reached as soon as June-July 2022 if the market gains even more bullish momentum . If the...

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It looks like NASDAQ:AAPL is trying to come back up to break and close above the green line .If it succeeds to do so , then there is a high probability that it reaches the (200-203) area with a possible continuation towards the 210 mark , depending on how the market behaves around the 200-203 area. (The market must act with bullish strength around the 200-203...

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TADAWUL:1020 has just entered a decisive area (green area) . I recommend to wait for a break of that area , that would be a high probability buy signal targeting the 1st target area . There is a good potential to reach the second target area too if we do close above the 1st target area . Right now the bullish momentum is slowing down a little so it is possible...

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OIL just broke an important level , it is very likely to continue up towards the 99$-102$ area .

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TSE:8818 is currently stuck in the 1400 - 1600 area (white box area ) But If price succeeds to break above the white box and closes above the 1600 level , it is very likely to go bullish towards the 1975 - 2000 area as marked by the box . On the contrary , If it breaks below the box ,and closes below the 1400 level , then it is very likely to drop to the 1120 -...

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TADAWUL:9512 is in a really interesting area right now . In fact there is a BEARISH MARKET SENTIMENT at the moment , but the price needs to close below the red box (35.7 - 35.2 area) for a BEARISH CONFIRMATION .Actually ,If it succeeds to close below the red box (35.7 - 35.2) area ,It is very likely to continue the bearish evolution towards the 33-33.5 area . On...

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Is NASDAQ:INTC a great buy opportunity while still cheap ? Well let's find out . After the drop from around the 70 to less than 48 , this stock is much cheaper than it used to be and at the same time I think that there is still a bullish sentiment in the sens that the price is still above the green line . This , being an insufficient condition to buy, one has...

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NYSE:RNR is right now in an interesting area .In fact after breaking above the white line (Which was Strong Resistance at the time) it pulled back on the white line. The white line and generally the green rectangle will serve as a support area .If RNR succeeds in an upcoming day to close significantly above the blue line (trendline) it would very likely continue...

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NASDAQ:IGMS is likely to continue up towards the 74 , It might return to bounce off the white line before continuing towards the 74 . But If the green line is closed above significantly in an upcoming day there would be a considerable chance that it would continue up towards the 97-100 green rectangle area .

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TVC:DJI was strong enough to considerably bounce off the red strong trendline , it's actually quite a good first sign that it is strong enough to stay above the red trendline and/or the red rectangle area (24500-25250). In fact as long as it stays above the red rectangle area , Dow will be trying to break above the Major line (Green Line) . The longer price...

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TADAWUL:2222 is likely to go up to around the 34 area , IF it closes considerably above the 34 in an upcoming day with a bullish candle we could expect it to reach the 38-38.5 area .I think this is a good time to buy TADAWUL:2222 .

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I think this is a good time for buying XETR:DBK as it has broken the blue line (around 6.68) and returned to test it .For now DBK is likely to head up towards around 7.14 (the green line) which is a decisive level .If this price closes considerably above this level (with a bullish candle) in an upcoming day, I think DBK would be likely to reach the 8 area with...

StockAnalystPro

This is going to be a general overview on the Dow Jones from a weekly perspective.More details are to be found on the analysis I will be posting from the daily perspective . TVC:DJI has lost yesterday almost 7 percent in one day which has probably made many people panick .This was quite expectable because the up trend that officially started the week of March...

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NASDAQ:NFLX is likely to go up to around the 460 area (Untill further notice).

StockAnalystPro

After reaching the Target set Last week for NASDAQ:TSLA , It is now in an important area . I think It would be interesting before taking any decision to watch how it would act around certain area . Actually if TSLA succeeds to close soon considerably above the white line at around the 1035 , it would very likely continue up to the 1120-1135 area (Blue Line) . In...

StockAnalystPro

NASDAQ:AAL broke an important level at around the red line .I think It has a considerable probability to continue down towards the 13.5-13.6 area . Stop loss set around the 18 level Ideally slightly above the 18 .