StockCharts365

StockCharts365

Technical Analysis of Amazon.com Inc. (ticker on Nasdaq: AMZN) Amazon (AMZN) has shown a very strong development for many years, and the stock is up by an insane 66,500% since the bottom around USD 0.30 in 2001 and until today a share price around USD 200.00. The share has therefore doubled by more than 650 times since the bottom at USD 0.30 in 2001. So if you...

StockCharts365

Technical Analysis of Copper The copper price is in a long-term rising trend, from back in 2016 (cf. chart), and a further rise is signaled in both the short and medium term for copper. A strong technical buy signal has also recently been triggered for Copper, and after breaking up from a large right-angled ascending triangle consolidation formation. The...

StockCharts365

Technical Analysis of Broadcom Inc. (Ticker on Nasdaq: AVGO) Broadcom (AVGO), which at the time of writing on Monday 08 July 2024 is traded for around USD 1,731.00, has had a very strong rise in recent years, but now there may be a correction soon for this share. The share has increased nearly tenfold in the past three years from 2021 to 2024, and now the share...

StockCharts365

Technical Analysis of Super Micro Computer Inc. (ticker on Nasdaq: SMCI) The Super Micro Computer (SMCI) share shows a very strong development within a long-term rising trend, and now the share can face further strong growth within this rising trend. In recent months, the share has consolidated within a large triangle consolidation formation, and a break from...

StockCharts365

Technical Analysis of Nike Inc. (ticker on NYSE: NKE) Nike (NKE) is in a long-term downward trend, showing a very weak development. Then we know the saying 'Never try to catch a falling knife', and you can safely say that about the Nike share here now. According to the long-term falling trend that the share is moving within, a further fall towards around USD...

StockCharts365

Technical Analysis of Alphabet Inc. Class A (ticker at Nasdaq: GOOGL) Now and then, yes, you can be tempted to believe that things can grow into the sky, but when it comes to shares (perhaps especially when it comes to shares) they very rarely do, or rather they never do. So what now about Google, or Alphabet Inc. as they are now called (ticker on Nasdaq:...

StockCharts365

Technical Analysis of EUR/USD: Keep a close eye on EUR/USD in the coming days and weeks, and there will soon be very important technical signals about the further development in the short and medium term for EUR/USD, which could be ahead of a sharp rise from today's rate around 1,083 to up to 1,260 in the next 3-6 months. EUR/USD can now give a strong buy...

StockCharts365

Technical Analysis of Jumpgate AB (Ticker on Nordic SME: GATE) The Swedish company and share Jumpgate AB (Ticker on Nordic SME: GATE) is now at the very bottom of a long-term falling trend, and the share may now be at a very favorable level to buy the share at. As far as I can see and understand, there can't be much downside in this stock here from today's...

StockCharts365 Updated 

Technical Analysis of GameStop Corp. (GME) When we look at the bigger picture and weekly chart for GameStop Corp. (ticker NYSE: GME) then we now see a very interesting technical picture for the stock. The share had a wild rise of over 1,000 per cent in less than a year from the end of March 2020 to the end of January 2021 (cf. weekly chart). GME shares rose...

StockCharts365

Technical Analysis of Advanced Micro Devices (AMD) Advanced Micro Devices (AMD) shows a positive development within a long-term upward trend. After a downward correction in recent months, the share now finds significant technical support around the current level. The share now finds support both at the lower trend line in the long-term rising trend, and there...

StockCharts365

Technical Analysis of Rivian Automotive Inc. (ticker on Nasdaq: RIVN) A strong technical buy signal has been triggered for Rivian Automotive (RIVN) following a breakout from a large inverse head and shoulders formation. The potential for the stock according to this inverted head and shoulders formation is initially up to around USD 20.00 (cf. red dashed lines...

StockCharts365

Technical Analysis of Palladium: Palladium may now be in the process of establishing a bottom after a sharp decline from around USD 3,000 to today around USD 1,000. Solid technical support has been established for Palladium around USD 850, and on the upside there is an important technical resistance level around USD 1,120. An established break above USD 1,120...

StockCharts365

Technical Analysis of Synopsys Inc. (ticker on Nasdaq: SNPS): Synopsys (SNPS) shows strong development within both a long-term and short-term rising trend. A new strong technical buy signal has now been triggered for Synopsys after breaking through a very important technical resistance level around USD 600.00. There should now be significant technical support...

StockCharts365

A possible quadrupling of Solana (SOL/USD) in just the next six months may sound extreme, but we don't have to go back any further than the fall of 2023 when SOL/USD rose from below USD 20.00 to USD 120.00 during around four months. That means a sixfold increase in four months. Now Solana can face another sharp rise and perhaps a quadrupling in just the next six...

StockCharts365

Technical Analysis of Tesla (TSLA) Tesla (TSLA) has now triggered a strong technical buy signal after breaking up from a large inverted head-shoulders formation. The buy signal was triggered when the stock broke through the neckline of the formation, around USD 190.00. The potential for the stock according to this large inverted head-shoulders formation is...

StockCharts365

Technical Analysis of the US Nasdaq 100: The US Nasdaq 100 may now face a short-term downward correction according to the technical picture for the index. The Nasdaq 100 is in an uptrend, and was recently near resistance up against the upper trend line in this uptrend. Both the RSI and Stochastic's momentum indicators now signal that the Nasdaq 100 may face a...

StockCharts365

Technical Analysis of Bitcoin (BTC/USD): The technical picture for Bitcoin (BTC/USD) is now very bullish, indicating that the next big move could be up to around $120,000. Preferably during 2024 and before the calendar shows 2025. As you know, BTC/USD had a strong rise at the start of 2024, and then broke through the resistance level at the upper trend line in...