Strong bullish rebound at 36.29-37.64 support zone was relatively a strong signal for bottoming. Though larger trend from 15 Aug 2023 looks distributive, we are gunning for one more short-term upside towards 41.00, 43.08 and 46.00 tp prices. First, the piercing line rebounded after a bearish gap down the day before, signaling bearish exhaustion. Though prices...
Apple NASDAQ:AAPL is in the up leg of phase B of the distribution mode. There would be a potential last leg of upside targeting 200 resistance before a selling. Yesterday strong buying pressure saw return of the bullish buyers. Also, you may watch out for S165.00 support as a strong potential rebound.
PFE has broken out of the downtrend line of 1-year 4 months and has been forming an accumulation. The bullish morning star formation is indicative of a potential rebound going forward. Expect a strong rebound!
PYPL has broken out of the 1-year 8-months downtrend line and is likely to trend higher, especially after it has broken out of the bullish flag formation. The ascending triangle wll consider be completed after the stock breaks above the key resistance of US$66.94
■ Natural Gas has break out of the 2 month range with a strong gap above 1.945 resistance turned support. ■ While prices are still trending below the kumo/cloud, the bullish twist of the kumo is indicative of a strong bullish sign. . ■ Momentum indicators are showing strong signs of bullish sentiment and hence, there is a strong possibility of natural gas...
The triple three corrective wave of NYSE:XOM is done and is likely seeing further upside. We are likely on a strong impulse wave
Tesla is on the course to form the sub-b wave of the Y-leg of the larger degree WXY wave. Volume shows steady increase in buying pressure.
NASDAQ:AAPL may see a strong bounce today after a strong upside. Selling is kinda exhausted in the intraday basis
NYSE:SLB is heading for an early bullish signal after the price action shows an early stage of potential upside. First, Ichimoku's conversion and baseline are performing a crossover. Next the strong bullish rebound on 14th Dec marks the early interest of the bull.
NYSE:MRK is heading for a stronger upside after it broke out of the 6-month corrective downside channel. Furthermore, Ichimoku displayed a bullish signal. Near-term price target is at 111.96
NASDAQ:AAPL Apple Inc. is likely to see strong upside after formation of a falling wedge which potentially represent wave 4. Hence, would buy at US$171.03 or limit buy at 173.08. 1st TP will be 187.89 followed by 202.91
Descending triangle and the appearance of two high wave candle indicate that the bear might be exhausted. Hence, we are looking at a potential buy.
Bullish exhaustion is setting in after the last min bullish closure with weaker volume. spells a possible distributive stage
Double bottom and descending triangle saw a potential upside especially the intraday chart shows a strong closure yesterday
Yankuang has been on a consolidative range since its strong downside on October last year and currently, divergence from stochastic and falling wedge is seen. Harami is seen at the key support.
Bullish accumulation is seen after a cluster of candles are formed at the 2nd bottom support level. Furthermore, stochastic oscillator shows confirmation of a bullish oversold crossover
The stock is forming a bullish spinning top/ harami nearing the key demand level. There is a potential fake out should there be strong resistance at 194.50. Hecne, I would place my stops slightly further
Apple saw some strong upside after a cup and handle is seen forming and the recent candle closes above the 9-period Tenkan-Sen. The break above the pennant is the first sign of bullish trend.