We find ourselves in a challenging situation. Over the past two years, the stock has been in a sustained upward trend. However, over the past month, we have been testing the current support level extensively, which raises concerns about the stock's resilience at this point. The formation of a double top is particularly noteworthy, as this pattern often signals a...
I anticipate a price correction of approximately 10%, bringing the stock price down to around $18.80. Despite this expected short-term decline, my long-term outlook remains highly positive. The company continues to be a strong profit generator, with revenue growing at an impressive pace. Its newly launched products have been well-received, and there are numerous...
Hewlett Packard Enterprise (HPE) is currently testing the $19.00 level, which is proving to be a significant support zone. The next few days will be critical in determining if this support can hold. Should the stock remain above this level, it could signal further upward potential.
Technical indicators such as the RSI and MACD are showing positive signs,...
While I remain long-term bullish on CPRX, the current price level seems elevated, and there are signs suggesting a pullback is imminent. The RSI indicates that the stock has been overbought, and we may see a correction soon. I'm closely watching the Fibonacci retracement at 0.618, which has proven to be a strong resistance level over the past 9 months. This area...
Since March 2020, we have been in a sustained upward trend, as indicated by the green trendline on the chart. The most recent earnings report was strong, leading to a significant price increase; however, the market reaction appears to have been somewhat overextended. Fortunately, we have now retraced to a more reasonable level, where I have begun accumulating...
Make a good decision, and realize your profit.
You can see my oldest ideas, I was always bullish on this stock, and I still am. On August 7 they report the second quarter, and I expect good numbers. Those who follow the company management expect the same, I think. But they are greedy, I am greedy too, I want to get my profit.
You can see the signs on the chart, I...
In the long term, I am very bullish on the stock. But now we can expect a correction, and that is normally ok. Just short the stock, and make some money, but do not be too greedy.
It's really hard to say what's going to be. But I can say, this momentum is very important, and in the next days will form a new direction.
The uncertainty of the situation is big. There is a bullish trend, and the RSI signs the break of the bearish trend. But something's not right, maybe the 12.00 tops, or the temptation of the 8.30 level.
Stay informed, and...
MACD, RSI indicators suggest that the price of Apple stock will rise from its current level to $180. This is reinforced by the formation of an inverted hammer candlestick pattern. The 180 level could serve as a critical resistance point, but if the price were to break through this level, it could bring further upward momentum.
If it reaches the $180 level, the...
It is time to buy the shares. On 28 February they will report the fourth quarter. I expect very good news, but this is irrelevant. You can see that there is a turning point in the chart. The first target is around 15.20, then it is going to refill the gap.
And of course in the long term, this short is very bullish.
If you check the double top formation, the MACD level, and the Bollinger band you can see that now price will go down. But the 15.70 level looks like a strong support level.
