I like that the price it has pulled back to coincides with the previous high in Jan, '22, which became resistance in Dec '23, and that the 0.50 Fibo retracement is in the same area. It needs to hold and find support here. If so, the next leg up should be ~75-100%?
I really like the chart here. On the monthly/weekly charts you can see where ASML has pulled back before to the red DMA, the Fibbo retracement also hits at the $648 level where it bounced, and previous S/R looks to be in this area. It bounced from there and is now going up again. Longer term B&H.
Looks to have a strong up trend on the weekly chart and just bounced off it. Next resistance looks to be around $582? Pick a short term pullback to $535 or go ahead and enter at $552?
Has WM finished a consolidation and looking to head up? C&H
It looks like APH has consolidated and now breaking to the upside. The MACD and STOCH looks good as well.
It looks like APH has consolidated and now breaking to the upside. The MACD and STOCH looks good as well.
Wolf came up and touched the downward trend line almost perfectly. WOLF appears to be a company with a lot of upside but the chart looks to be pointing to another leg down?
NYSE:DELL looks to have established a new uptrend with higher lows, higher highs. OH Resistance looks to be $135, so another 6-8% to run.
NFLX has formed a nice C&H on a rising trend. Based on the leading edge of the cup to the bottom, should expect about a 12% rise from here.
The downward channel I was showing for TSLA looks like it has been broken. I figured it would take another leg down if the channel continued, so I sold. Looks like it has been broken. Looking for a retest of new support and then move higher.
Is TSLA about to bump the down trend line and make the lower high with a next leg down, or is it about to break to the upside?
Did it just run out of the channel or is it now using that as support trend line?
I like the double bottom ABT just completed. RSI is trending up. The pullback over the last week was on decreasing volume. Looking for a leg up from here.
Look at WCC, pull back below 200 DMA, then up above it, then a retest of the 200, now up to touch the 0.5 Fibonacci point. Where does it go from here?