Microsoft (MSFT) had a great start this week with the announcement of its new AI partnership with OpenAI, as well as some positive signals from its double bottom pattern. However, by the end of the week, MSFT seemed to be losing momentum and experienced a pullback to its support level. The question now is, will it be able to hold or will it falter?
Does NVDA have more to offer, or is this all it has? If you weren't aware of the Inverted Head and Shoulders pattern that is unfolding on the weekly chart, then let me fill you in. As this week comes to an end, we have reached the halfway mark of the measured move. The question now is, will it play out fully or will this be the end of it?
Over the past few weeks, not only Apple but the tech sector as a whole has seen a bullish trend. However, as this week comes to a close, we have observed a shift in momentum, as the weekly candle has formed an inside bar (bearish harami), setting the stage for a potential double top pattern.
Today, Google opened higher, testing the weekly low. On the 30-minute chart, a double top has formed and the break-out level is seen at $93.63. A $2.66 move downwards is expected. It will be interesting to observe in the coming weeks whether this pattern plays out or if the shareholders intervene to prevent it.
Did the NQ find support or is it come down side to come if $12,273.00 holds i can see a pull back to the zone around $12,376.50 but if we break support to the dirt we go to the zone around $12,171.00
Yesterday Cl made its move back to the 61% fib level i was looking for it to hit my zone around $80 but its didnt have the juice to get there so now we going back down
looking the 4hr chart close on $MSFT it put in an evening star so im be looking for a red day maybe a red week coming
$CL1! is rocking today right now its sitting at the 61.80% fib level on the 4hr chart im looking for a push up to retest my zone karound $80.00
I am focused on chart patterns, and I do have personal favorites. However, I won't reveal those preferences today. My intention is to highlight just one pattern, which is the rising three methods. This is a robust continuation pattern, and I have noticed it on the weekly chart of DD. It is poised for a significant move!
As a leading manufacturer of chocolate and sugar confectionery in the United States, Hershey Co. is poised to generate significant profits during Valentine's Day with its well-known brands such as Hershey's, Reese's, Twizzlers, and Kit Kat. Despite the recent controversy surrounding the missing "tips" on its Hershey's Kisses, the company's holiday-themed...
Flowers are still a favored gift choice, with the National Retail Federation (NRF) reporting that 35% of those surveyed plan to give flowers to their Valentine. Companies such as 1-800-Flowers.com (FLWS), which offers nationwide shipping, may experience an increase in business, as suggested by Kealy. Despite a dip from its 52-week highs, FLWS's stock price remains...
This week, we'll review the market to evaluate its close and identify potential favorable setups for the upcoming week.
As we prepare for tomorrow's earnings release for SoFi, it's time to take a look at their past performance. SoFi has made significant strides in the fintech industry, but will these efforts be reflected in their earnings and push their stock above $6.00, reaching the daily zone and testing the 200 EMA? Or will SoFi remain a $5.00 stock?
Omg omg omg when I do my top down I like to start with 3 month chart and work my way down and right off the back bamm!!! there a double bottom on the 3 month chart this is nuts right now we are at support and super far from the breakout but I will be keeping my eye on it
Just talking walk down wall street AKA the HeatMap looking at a sea of red I notice a small pace of green as i zoomed in long behold it was QCOM as i started my top down analysis i seen it was breaking its down trend as i made my way to the daily chart i stumbled upon a Cup & Handle at the neckline looking ready to take off any moment with a measured move of 17...
Today RBLX open with a gap up then just went sideways for the rest of the day now looking back i seen RBLX like to fill its gaps and i do mean 100% gap fill so if it get into the gap i only have one thing to say hold on tight and enjoy the ride
Looking at the weekly chart i nocitchs a double bottom setting up so im keep my eye on this for some time to come it still have away to go before it make it to the breakout level of $54 so put this one on your list