William-trading

William-trading

GOTO has finished its accumulative phase after breaking out of the larger falling wedge. The stock has also formed a bullish inverted head and shoulder pattern and is looking for a strong break of 78 resistance level. Long-term target is at 109.

William-trading Updated 

The EUR is facing some slight bullish pressure at 1.0600 psychological level. However, rebound may be limited and may face a capped at 1.0710 resistance. As long-term MACD still shows bearish downturn and mid-term stochastic still has yet to show clear oversold crossover signal, we think major buying rebound is likely to be at 1.0580 or lower deeper support at 1.0437.

William-trading

An update on our previous EURUSD trade. The upside move was stronger than my expectation and it fails to reach and rebound at our supposed support zone. Instead, EURUSD is now looking at a bullish upside after Ichimokus shows strong upside signal. The break above the bullish flag signaled further upside continuation and is likely to see the stock testing...

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JNJ has saw strong bullish pressure at the bottom of the downside channel and it is likely to complete a larger degree (ABC) wave. As such, we are ver bullish on NYSE:JNJ Stochastic OScillator has completed an oversold crossover and longer-term MACD is close to complete an oversold crossover.

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CXS Corporation saw a strong bullish rebound yesterday after forming a bullish engulfing candle. Also, the stock has formed a double bottom formation after breaking out of the 3-month downtrend channel. Mid-term stochastic is showing a potential oversold crossover (Pending a break above 20-line) and ROC is rising. Volume supports the rebound. Hence, maintain a...

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NYSE:IBM is likely to complete the last leg of the ABC expanded flat formation or the UTAD of the distributive phase C. Slight strong buying is seen on Tuesday after rebounding off the demand zone at 166.11 and is likely to see strong upside. Hence, considering to buy at spot or 162 limit price. Target will be at 200.00

William-trading

Bitdigital NASDAQ:BTBT has broken out of the falling wedge and upon breaking out, the volume has shown a steady increase, which in turn supports the breakout. Mon bullish bar was considered strong and has been confirmed by the spike in volume and subsequent bullish upside. Momentum indicators show a strong buy signal after long-term MACD has shown the first...

William-trading Updated 

CBOT_MINI:MYM1! Dow Futures have broken below the distributive uptrend channel and confirms the double top formation. Long-term MACD is bearish while mid-term stochastic has shown an oversold crossover. 23-period ROC is below the zero line and Ichimoku has shown first sign of bearish signal. Support is at 37,600

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AMD had a buying climax on 8 Mar and followed by a corrective downside for the next 2 months. The decline is rather corrective and as such, we are taking a bet that there will be an upside for now to form a potential distributive Spring Test. Especially it had since broken out of the falling wedge. To add, the confirmation of the smaller diamond bottom adds on to...

William-trading Updated 

The USD/JPY has slip after touching the 160.00 region and it is suspected as an intervention during the trading holiday in Japan. However, the effect was quite minimal as the dollar/yen pair saw bullish strength at 151.972 support. Going forward, USDJPY may head higher to test the immediate resistance at 151.70 before another round of sell-off occurs. mid to...

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Betting on a short term rally. Target is at 16.24-16.86. Doubt it will have a strong break to the upside

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Hershey has completed the accumulative range of 6-month after the stock broke out of the range at 204.03 resistance turned support. Prices has also trends above all Ichimoku indicators and is likely to trend higher targeting 227.49, 238.96 and 259.44. Furthermore, all momentum indicators are showing strong bullish sentiment

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On Semi conductor's selling has been weakened since Nov 23 and the larger falling wedge is pointing towards a larger bullish reversal pattern. First the cup and handle is close to a completion and will confirm the pattern once it breaks above US$72.84 resistance. Volume is low but is a potential sign of accumulation. Long-term MACD is close to a bottom...

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TSE:6367 Daikin mid-term trend shows clear bullish trend after Ichimoku shows clear uptrend signal. We believe it will reach 28040 over the longer term period

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Strong bullish rebound at 36.29-37.64 support zone was relatively a strong signal for bottoming. Though larger trend from 15 Aug 2023 looks distributive, we are gunning for one more short-term upside towards 41.00, 43.08 and 46.00 tp prices. First, the piercing line rebounded after a bearish gap down the day before, signaling bearish exhaustion. Though prices...

William-trading Updated 

Apple NASDAQ:AAPL is in the up leg of phase B of the distribution mode. There would be a potential last leg of upside targeting 200 resistance before a selling. Yesterday strong buying pressure saw return of the bullish buyers. Also, you may watch out for S165.00 support as a strong potential rebound.

William-trading Updated 

PFE has broken out of the downtrend line of 1-year 4 months and has been forming an accumulation. The bullish morning star formation is indicative of a potential rebound going forward. Expect a strong rebound!

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PYPL has broken out of the 1-year 8-months downtrend line and is likely to trend higher, especially after it has broken out of the bullish flag formation. The ascending triangle wll consider be completed after the stock breaks above the key resistance of US$66.94