Semiconductors showed signs of stalling last week, and Advanced Micro Devices might have confirmed a potentially bearish pattern. Today’s chart highlights the big price swing on March 8, which featured a record high and then a close below the previous session's lows. The resulting candle was both a “shooting star” and a bearish engulfing bar. AMD proceeded to...
NYSE:SHW -- bullish chart Mean ^ Var ^ Autocorrelation crossed 0 into positive territory, which means trending Last indicator shows a measure of information; the higher the information, the higher the uncertainty. You want to be trading when the indicators is decreasing.
Bitcoin Bitstamp 5Day moving average convergence/divergence and fibonacci-based primary and secondary sine wave structures established from historical MACD positive and negative momentum. The MACD is displayed using the standard fast and slow lengths of 12 and 26, respectively. Signal smoothing length is the standard value of 9. For visual clarity, the...
Treasury yields have had a big impact on stocks since the Federal Reserve started hiking rates in 2022. Now one of the biggest charts in that market might have done something important. Today we focus on the 10-year Treasury note’s yield, measured by the index TNX. The first pattern is the 4.324 percent level. It was a peak in June 2008 and again last August....
Here is a quick chart showcasing a beautiful MACD reversing above the water on the 1HR time frame for SHIBA and breakout occurring from it current flag formation. Should see a delicious pump here.
ETH recently has been losing momentum. The rally now showing one of two scenarios: Consolidation where profit taking is occuring before another rally Reversal in the trend We can see this weakness by identifying two aspects in the price action. Fails to make a higher high Breaks long term upward trend
Affirm ended 2023 with a sharp rally. Now, after two months of consolidation, some traders may look for further upside. The first pattern on today’s chart is the $36.12 level, a weekly low from early December. The buy-now-pay-later stock has tested and held that price, which may suggest that buyers are lurking. Second is the falling trendline that began at of...
NVAX on a 120 minute chart demonstrates a trend down in the past month after a period of consolidation producing the POC line on the volume profile. The MACD shows some bullish divergence. The volume profile has high volume nodes at 4.0 and 5.0 separated by a relative volume void. NVAX fell quickly through that void. It can just as easily rise through it....
Archaean chemical in a inside range looks like a accumulation going on Good big breakout possible in this Risky traders can buy this at cmp Breakout above 812 Ask your financial advisor before buying only for educational purposes
NYSE:BMY - bullish chart Mean ^ Var ^ Autocorrelation crossed 0 into positive territory, which means trending Last indicator shows a measure of information; the higher the information, the higher the uncertainty. You want to be trading when the indicators is decreasing.
TSI Market Timer Version 4.0 This indicator is probably one of the best, if not the best indicator out there on the market today. A bold claim. I say that because this indicator has been 10 years, at least, in the making. I started using TradingView in 2015 when it was $5 to use. It was wonderful. And you could make your own indicators. I would copy and reuse...
SOUNDHound AI on the 15 minute on Wednesday 60 hours ago, broke out after a trend down to begin the year. The tailwinds of the technology stock earnings and their tailwinds pushed hard. SOUN broke out through the entire high volume area and then rose above it. Pretty much the same from the lower aVWAP bands into the uppers after crossing over the mean...
TSLA has been trending down in a channel since it marked the first trading day of this new year. The chart is set up on a 120-minute time frame with the Williams Alligator indicator of SMA10 SMA20 and SMA50 ( offsets 10, 5, & 2). In a strong downtrend, the averages are parallel with SMA50 higher then SMA20 and SMA 10. For a good short entry, the price should...
On the 4H chart SHOP has been trending up since last fall when it fell through the high volume area and then rebounded crossing through it and rebounding. Earnings have been solid beats for over a year. Volume is persistent and steady while the relative strength rising from a bounce down to the 50 level to begin this month. This is a solid earnings play...
On the 15 minute chart BITF did 25% this week as Bitcoin climbed over 45,000. It is running hard with lots of its peers. IF BTCUSD trades up all weekend there will be continuation. The best options which closed Friday afternoon did 5X overnight, some of the peer's had 5-13X. The RSI indicator and ZL MACD are supportive. the Stochastic adjusted to a period of...
over the weekend at the 0.5 fib retracement of a 100% 1-2 day move while Bitcoin trends higher in weekend price action. Can the price action reverse out of the pullback and retracement with bullish continuation? Relative strength has retreated but held at the 50 level. Consistent with consolidation, the volume fell off for the close of the trading week. I ...
CDNS located in California is a software firm supporting computer assisted design ( ACAD) for the semi-conductor industry. While its customer base gets the headlines, this company helps make it happen. The 120 minute chart looks good as price is uptrending with good volume and relative strength. Earnings have been solid and another is around the corner. Price...