WavesInvesting

WavesInvesting

On the daily chart, there are three bearish signals without even considering indicators: 1. Price is below the EMAs. 2. With a gap down. 3. From a coil spring. On the weekly chart, the trend remains intact. However, if we drop below the fast EMA, a significant test will be the slow EMA. The key level to watch is the low of the daily channel line at $554,...

WavesInvesting

A break from the correction, marked here on the chart on the upper trendline, will be bullish for Bitcoin. There are some very good signs so far: 1. The MACD lines on the weekly chart seem to be converging, potentially going from negative to positive. 2. On the daily chart, we see the same pattern. This time, we broke the minor correction trendline with MACD...

WavesInvesting

1. Above the centre EMA 2. Divergence on MACD histogram 3. MACD lines look good 4. Positive volume after the top from 17th July Lets see if NASDAQ:AMSC keeps the momentum going. What DO YOU THINK?

WavesInvesting

Despite the indicators showing a downtrend in the stock, I believe that the risk/reward ratio for NASDAQ:CELH is quite favourable. Why? The risk is mostly mitigated; even if the company reports less-than-stellar results, this is already factored into the price. However, if it does report even slightly better than anticipated results, we might witness a...

WavesInvesting

Current situation: SKILLING:US100 : NASDAQ:SMCI is currently at support level. Potential scenario: If tomorrow's earnings do not meet expectations, the stock could drop to around $450 in a heartbeat. Why? 1. The movement that started on 4.03.2024 appears to be an ABC correction, and the stock is currently in wave C of that correction. 2. In an ABC...

WavesInvesting

With the spectacular fall of NASDAQ:CRWD last week I expect to be a decisive week for SentinelOne. Scenario nr 1 Break out of the correction or for Bill O'Neill followers break out of the base. Supporting evidence: 1. Fundamental. Better than expected earnings The biggest competitor is having a terrible day 2. Rising MACD histogram on the weekly 3....

WavesInvesting

1. Price below the Mid Channel in premarket on a weekly timeframe 2.MACD lines crossing down 3. MACD lines making a divergence with the price 4. MACD histogram going below the 0 line 5. Force Index going down Pick and choose If you want the indicator on my chart, send me a message.

WavesInvesting

The chart does seem overextended, but I view it as a return to normality rather than panic selling. In fact, the entire market appears to be a "return to the mean" kind of market. What used to work, the Magnificent 7, has decreased slightly, but all the other 493 stocks are up. It's an overdue correction of an extended market. Notice the change in colour on my...

WavesInvesting

The chart does seem overextended, but I view it as a return to normality rather than panic selling. It's an overdue correction of an extended market. Notice the change in colour on my graph from blue to white a few weeks ago, which warned us about the decrease in bulls' power. Key points to watch for The first line of defence - $114 The second line of...

WavesInvesting

Let's consider the conditions for both scenarios: 1. The Dip and the Continuation of the Trend Scenario - MACD lines do not cross over. The MACD histogram is starting to rise. - The force index is rising again. - The bulls are looking for a bounce from the first line of defense, around the low of the day at $124.40. This is exactly what is happening so...

WavesInvesting

Nifty Divergences On a weekly timeframe, Nifty 50 Index is making obvious divergences Price is making a new high while MACD histogram is in a downward slope Price is making a new high while the Force Index is dropping even below the 0 line today. One positive aspect for the bulls, though, is that it found support exactly where it was needed the most. On the...

WavesInvesting

Very clear picture on NYSE:PFE on a weekly timeframe If it stays above the centre line, the trend is up and I have an initial target of around $35 If takes out the protective stock we have a continuation of the downtrend and this was just a minor upward correction. Risk/Reward ratio 2.90 What's your take on NYSE:PFE from here? Up or Down

WavesInvesting

4. good reasons for NYSE:NOW stock 1. Breaking out from the corrective channel 2. Rising MACD histogram 3. Buying Volume coming in 4. Analysts have set a mean price target forecast of $864.5. This target is 9.49% above the current price. What's your take on NYSE:NOW ? Comment below Legal Disclaimer: The information presented in this analysis is solely for...

WavesInvesting Updated 

5 good reasons for NYSE:V stock 1. Bounce from the value zone 2. Rising MACD histogram 3. Buying Volume coming in 4. Pocket Pivot on the last day 5. Analysts have set a mean price target forecast of 160.17. This target is 20.33% above the current price. What's your take on Visa?Comment below Legal Disclaimer: The information presented in this analysis...

WavesInvesting

5 good reasons for NYSE:GPN 1. Break out from the corrective channel 2. Rising MACD histogram 3. Buying Volume coming in 4. Pocket Pivot on the last day 5. Analysts have set a mean price target forecast of 160.17. This target is 20.33% above the current price. What's your take on Global Payments? Comment below Legal Disclaimer: The information presented...

WavesInvesting

My view of NASDAQ:NVDA support lines. When looking at the support lines in NASDAQ:NVDA , I think of them in three tiers of defence: The first line of defence: If the market holds this line, it's likely just a minor correction in the overall trend. In this case, it's recommended to buy the dip. The second line of defence: If the market holds this line, it...

WavesInvesting

My way of investing in $O. White bars- the price of NYSE:O Orange line- US10Y -10 Year US Government Bonds Yield If you are a dividend investor buy when Yields are falling and ride the dividends up. How do you do it? Legal Disclaimer: The information presented in this analysis is solely for informational and educational purposes only and does not serve as...

WavesInvesting

A good earning report can pop the price of TSX:RY to the upper channel line. 3 reasons why? 1. A decisive move about the parallel channels line will signal the end of the correction marked by me on the chart as the abc correction. 2. But if the report is negative or more precisely the market view of the report is negative we could stay in the correction for...