BTCUSD has recently found support at the golden ratio level on the Fibonacci retracement, indicating a potential start of an uptrend. This crucial support level often signifies a reversal or continuation in price movements. Given the current bullish sentiment and technical indicators aligning, the target for this uptrend is set at $70,000. Traders and investors...
The EUR/NZD currency pair might be showing signs of starting a downtrend based on strong support in the daily time frame. Here are some key points to consider: Support Levels: Identify the key support levels on the daily chart. If the price has recently tested and failed to break through a strong support level, it could indicate a potential downtrend. Trend...
analyzing the potential downside for crude oil based on Fibonacci retracement levels and trend analysis, here are the key considerations:
analyzing the potential downside for gold based on Fibonacci retracement levels and a continuing downtrend
Break the PDL and H & S formation done. Ride the trend
AMZN - Day trading, Head & Shoulder pattern, bearing formation for target 183
Based on recent data, the Dow Jones Industrial Average has shown promising trends, with daily fluctuations indicating a potential upward trajectory. As of May 10, 2024, the Dow was trading around 39,512.84, after moving from a low of 39,406.26 to a high of 39,579.88 just in a single day. There's a mix of predictions regarding the future performance of the Dow....
"MRNA's breakout has been confirmed with a strong bullish pattern formed. Ride the trade with an open target and trail the stop loss to secure gains."
"RMD has been in a strong bullish move over the last couple of days, targeting $225."
"PDD has shown a strong bullish formation after a breakout, aiming for a target of $151."
"Booking Holdings is currently in a strong bullish move, with a target of $3900."
"The chart formation for FICO stock is bullish, displaying a strong bullish candle pattern. I predict a target of $1500 on the weekly chart."
NIO Inc. (NIO) - Bullish Price Action Analysis Date: 28 Dec 2023 Overview: NIO Inc. (NIO), known for its electric vehicle manufacturing, is currently displaying a bullish trend in the market. This analysis explores the potential upward movement with defined target and stop loss levels. Current Market Observations: Trend Analysis: NIO has been showing a strong...
Alaska Air Group, Inc. (ALK) - Bearish Price Action with Fibonacci Retracement Analysis Date: Overview: Alaska Air Group, Inc. (ALK) is currently showing signs of a bearish trend with an expected retracement up to the 0.618 Fibonacci level. This analysis aims to provide insight into the potential downward movement and key levels to watch. Current Market...
ResMed Inc. (RMD) - Bullish Price Action Analysis Date: 28 Dec 2023 Overview: ResMed Inc. (RMD) is currently exhibiting signs of bullish price action. This analysis provides a potential trading outlook based on the stock's recent market behavior and technical analysis. Current Market Observations: Price Trend: RMD has shown a consistent upward trend in recent...
Visa Inc. (V) - Bullish Price Action Analysis Current Status: As of today, Visa Inc. (V) exhibits strong bullish price action. The stock has shown a consistent upward trend, indicating potential for continued growth. Key Observations: Trend Analysis: The stock has been following a robust uptrend, supported by technical indicators moving averages, RSI,...
RSI diversion, Over sold, possible for long intraday target unto 44200 today.
Overbought, RSI diversions breakout for short target 142. R/R = 1:2