--If the price remains above $324.71 on a weekly basis, the first target is $355.55. A breakout above $355.55 would open the path toward the next target at $385. --Should COIN close 5% above $385 and hold that level, the price could potentially reach higher levels, with price range and Fibonacci targets becoming achievable over the longer term. --A close below...
To project targets, I am using the following methods: Cup and Handle Pattern If we consider the price range of $709.02 - $338.24 as forming a cup and handle pattern, the price movement represents approximately a 52% increase. Projecting this on the upside sets a target of around $1078.79, which was achieved last week. A weekly close above $1122.44 will signal a...
OXY:- As long as the trend line holds OXY should move upwards to Targets:-$64.10, $68.00 Stop loss:- $58
JBHT Long with stop loss around $152.50 Targets: Close above $162 will set $168 as target Close above 172 will set $178 and 186 as target
Schlumberger looks good from a risk reward basis as long as it holds $48.57 on a closing basis. If the stock closes below $48.57 the next support will be around $42. On a bullish side targets are highlighted. Educational purpose only not a recommendation. Please do u DD
UPST retraced almost 60% from the top on August 4th 2023. I think it is at stage where it gets some stability this month. $24.75-$27.35 might present an entry point, If it doesn't hold at these levels then $21.61 might be a support area. Upside targets are $34 and $37.
-As long as price price stays above $325.25, Target will be $333.81, $338.50, $342.50. -Below $324, Targets will be $318 & $313 -Please note close above specified price sets next target. -As of today the price favors longs.
BABA is hovering right around the Support area. On weekly the stock looks weak and suggests further downside. On daily looks attractive with stop loss below $87.with targets $94,$98,$102. On the downside it looks like it might find support at $82. PLEASE NOTE THIS IS RISKY and can go in either direction
NVDA had reached Fib level of 1.68% ($492). Unless the price decisively closes above $502 there seems to be no upside. IMO the price move is parabolic since Jan 2023 and breach of $475 is detrimental for the stock. Below $475 next stop would be $445. We will revisit once price reached $445 or closes above $502. In Intermediate term, I believe the price will reach $306
Overview:- On a daily basis stock is slightly above 8EMA. On a weekly basis the price is below the 10 Week SMA which suggest downtrend until price closes above $256 on weekly basis. You can also notice that price is at top of downtrend channel. This channel acted as resistance ever since Nov 2021. On Monthly view(not posted here) if you look at Previous two...
As long as $107.82 holds, Next targets would be $113.46,$116.97,$119.81, $122.70. Below $106.50 target would be $102.18,$100.18
AMZN price is above all EMA's along with 10W EMA. As long as the Price stays above $133.50, Target of $143 and $146 are achievable. Close above $146 sets stage for $151. Close below $133.50 will set target $126 and $122
META is slightly above the 8EMA ($294.11) on Daily and weekly basis but below the 10WMA ($298.36) .If Price clears and stays above $299 the stock will head to max resistance target of $309-$316. Likely Targets above $316 are $317,$321,$343,$352 and $382 On Monthly basis the stock is moving parabolic for last 8 months and suggests limited upside until price...
- As long as Price stays above $26, the stock favors bulls in terms of Risk/Reward basis. - Price Targets for long positions are $32,$36,$40. - close below $25 is detrimental. - September usually is a volatile month so need to be careful with position sizing and stop loss
ELF:- As long as price stays above 113. Stock is headed to 127. Below 113 Stock will head to 108.47 and 100.47
PYPL:- As long as $56.22 holds Targets would be $62.27,$63.59,$65.24, $69 Risky yo hold below $56
Current Price of CRM has cleared the 211 resistance area decisively. It's important Bulls to take charge and hold the the price above $219 for its next leg. Targets for Long above $219 are $ 225, $232, $241,$256, Stock favors Shorts if price stays below $219 and likely targets would be $211,$209 $204, $200,$197, $189 keep in mind September is the volatile...
Looks like Target is ready for reversal. With Targets 146.94 and 159.79 Stop loss Below $123