Hi Traders!
NYSE:ORCL is on the cusp of a gap fill, poised to capitalize on the expanding AI market and the ongoing shift of businesses to cloud computing. Additionally, Oracle's strategic move to establish a regional headquarters in Saudi Arabia could provide notable tax advantages, enhancing its financial positioning and potentially impacting its stock value...
NASDAQ:LRCX 's recent close above the 9 EMA signals bullish potential. Holding steadily above the $763 level could pivot the stock towards $768, aligning with a crucial gap fill area and setting sights on $778. The positive momentum in related stocks like NASDAQ:NVDA , NASDAQ:AMD , and NASDAQ:SMCI may act as a catalyst for NASDAQ:LRCX , especially given its...
Hi Traders!
NASDAQ:AMD is showing a promising uptick, having rebounded from its lower trendline and now ascending. A critical point to watch is the $141 level. Overcoming this could steer the stock towards the significant $144 mark, a gap fill area. This upward momentum could extend even further, potentially reaching above $147. Keep an eye on these pivotal...
Hi Traders!
NASDAQ:SMCI has recently demonstrated a positive shift, breaking its downward trendline and concluding last week above the 9 EMA. This bullish trend, if sustained with good volume and the stock maintaining above the $301 level, could potentially propel it towards the $310 region. This movement signifies a notable shift in momentum, meriting close...
Hi Traders!
NVDA is showcasing a Cup and Handle Pattern, indicative of bullish momentum. A key watch is for a stable break above $485.5, surpassing the 9 EMA. Successful positioning above this level could propel the stock towards the $492 mark. Such a breakout might attract early buyers, anticipating a significant rally, potentially beyond the $500 threshold....
Hi Traders!
Looking at LMT on the daily chart. The price has broken out of this is trend line. From this price, we can continue upward toward 457. Upcoming earnings and the geopolitical climate can be a catalyst for movement.
What do you think?
