Apple has been in this consolidation box for 1,190 days i.e., 3 yrs, 3 mos. It broke out on strong volume, followed through and then back-tested. What does this mean? If we are still in mid-cycle in this long duration secular bull trend, and not late cycle, then this break-out has legs to go. Couple of fundamental catalysts: iPhone 16 super cycle, refreshed...
Uptrend since election holding strong. Technicals support the Fundamentals of GS' price target of $170 published on 5/12.
NVDA reports on 5/9, and has been in a downward channel since the double top at 120. How low can it go before ER? If you are bullish on the company long-term, at what price points do you start scaling in?
The past two sessions closed below the upwards trend line that was created since the election. Buyers need to come in Wed & Thurs, otherwise we might have confirmation that the trend line is broken, and that we are either on a downtrend or consolidating between 14.60 and 13.00.