Besides aapl Tsla had the worst quarter among big tech. Price is in A downtrend but a bullish wedge is forming here. Also bullish divergence on the 1hour RSI and symmetrical triangle The target move would be top of channe1 or 200EMA. Best entry is a close above 183.. or a retest of Strong support at 172 Cut losses below 165
Nice move incoming in the next week or 2. Rising wedge setup here but looking inside the wedge and there range trade or (Flag setup) the range is 172-180 The 20sma has now move up to add support to the trendline around 175-176.. if Amzn breaks 175 then 172 is incoming. I dont think 172 will give way unless something very negative for amzn happens or overall...
Closed on trendline support, 20sma and 508 price action... I think there's a very high chance we could close gap at 515 and push to trendline resistance 515-516 early on in the week like so If 508 is broken early this week (Monday) the first stop would be 507 gap close, watch for a bear trap there and a bounce, i dont think we go for 503-505 until later in...
Major rising wedge here for the biggest stock on the market... In the scenario where this breaks wedge support and starts to correct the target would be 363 or the 200ma Until we can play the wedge! Price closed outside daily bollingerbands and hourly moneyflow is saying a 3-5% pullback is coming My target here is 415, look for any pullback near trendline...
Looks like a double bottom here off supporting trendline.. long over 500 ,Target 520
I think this week the 20sma will be tested on indexes and major stocks alike.. With the spy i expect a test of 505 early this week.. 505 is gap supoort from NVDA earnings and also the 20sma.. if spy breaks that support, 500 then 494 is next up. I like to take my correction 1 moving average at a time.. 494 will be close to the 50sma. If we bounce off 505 the...
Fallen Wedged here off support.. look for a push back to 177-180 in the next 2weeks
Most likely this goes to 1000 in the near future, but first i expect a pullback to 800 to test the 20sma. Tagged my yearly trendline from my last post.. looks like a minor H&S here..
Price is correcting back to 127 support... 127 is trendline support and price action support. Price is also showing a falling wedge here I think if price can hold 127 the next stop is 160 or ATH..
Look for a pullback to 488 early next week. 480 highly possible too, but 488 price action must be respected!. 480 is the 20sma so i would expect a nice bounce there if it does test 480. Dark cloud cover on daily chart with volume. Entries - if it opens green, short any test of 510 If it opens red, they'll go for targets 500, below 500 and 496 gap close...
Over the next week i think Spy and QQQ will both Test their 50sma. I dont think that will be then end of the selling but you always want to keep a heads up for a major dead cat bounce at the 50. Heres spy on The 2hour chart as you can see it bounced off trendline support here on this ascending broadening wedge. At 494 is a gap and 20ma, that will be the...
Log chart here.. Logarithmic is good for charting parabolic moves... Approaching 6yr resistance around 860-875... I expect a pullabc there to support Around 650-700 before the last leg up to 1000
NASDAQ:AAPL Rock and a hard place here setting up a bearish descending triangle.. if aapl breaks below and closes below 178 look for a pullback to 165 minimum target If Apple breaks above 185 and closes qbove downtrend then pattern would flip to a double bottom back to 200
Rising wedge breaking down here.. Short entry below 272 (50sma) Or retest of 285 (20sma). Target is 250
Top of the channel here overbought... looking for a pullback to minor support in the 1-2 weeks.. minor support would be this white trendline like so. This would mean a pullback to 480 before pushing to 500. In this scenario, a rising wedge would play out and the big sell happens early or mid march. The more aggressive scenario would be spy dropping to test...
Go to your weekly chart here... Now place your 20sma on the chart; you'll notice INTC never closed beneath that weekly 20 since spring of 2023.. last 3 straight weeks Intc has tagged its 20 including today.. If it closes below 42.50 then the next target is 40.00 or trendline support. Looks like a H&S to me with a target pf 30-35$. But the trendline support...
Channel trade here. Cat is sensitive to DJI and DJT. Short target is 265. I like the March 28th 280p. Stop loss 320
As long as 180 holds, look for a push in the coming weeks to 220. Bearish technicals lost all momentum last week and things are curling upwards. For entries i like either a buy off 180 test or a break above 190. Once price leaps over 197 the next target will be 208 or 21ema.