William-trading

William-trading

The Dow had a strong dip yesterday and this shows a price in exit after the Fed announcement yesterday. Due to the sudden drop that coincides with the pocket of support at 41,700-42,300, the DJIA may signal a possible rebound. Despite declining momentum, the psychological of the market and price action signal maintain the uptrend sentiment. Hence, we maintain our...

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NASDAQ:TER The official breakout of the falling wedge is a sign of bullish continuation and whats more, Stock has been on a steady uptrend since 2008 and is unlikely to fall for now. Hence, we are likely to see the stock edging higher, maybe even beyond 158 in the super long-term

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NASDAQ:AUR is looking at a possible long-term continuation to the upside. Afterall, the stock has been on an uptrend since March of last year and the channel shown in the chart has been steady. Furthermore, the stock saw strong breakout of the flag and all momentum indicators plus Directional movement index is showing strong bullish momentum.

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NSE:NIFTY has seen a modest recovery after a strong correction which started in 27 Sept. Though we do not dispel a possible rebound, the stock may also be in a larger 3-wave structure and the current rebound may be an upside B leg corrective wave. But nontheless, the index is likely to continue on its upside as Ichimoku has shown two out of three bullish...

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NYSE:LLY Has rebounded after forming a bear trap below the key support of 743.12. Subsequent minor gap up and steady flow of upside has confirmed the long-term uptrend for LLY. However, I would look at 880.10 as my first target.

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SKILLING:US100 : AAPL has been consolidating for the past 4 months and is likely to breach past the key resistance at 236.03 as resistance is likely to be weakened.

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NASDAQ:COIN forms a larger expanding falling wedge formation and the larger 3-degree corrective structure is likely coming to an end as the ichimoku has shown a strong bullish trend right after the stock breaks above the kumo. The bullish kumo twist gave the best signal for bullish upside. Indicators: Mid-term stochastic oscillator has confirmed the oversold...

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NYSE:SNOW is showing signs of bottom rebound after breaking out of the descending triangle and ichimoku is showing two out of three bullish crossover. Long-term MACD histogram is positive and stochastic has shown an oversold crossover. Meanwhile, volume remain healthy

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NYSE:VRT is looking at a strong bullish upside after the ABC corrective wave has ended. Strong bullish break above 83.26 confirmed the upside.

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NYSE:BMY is looking at a possible rebound going forward, especially after a strong gap up. Despite pre market is lower, as long as the selling pressure is not strong for the next 3-4 periods, it is a long-term buy

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The HSI:HSI saw a strong sell off yesterday likely due to traders locking in their profits. This wave of rally is not over yet and I think near term may see slight rebound in an attempt to conduct a corrective rally before going for the 3rd leg of the corrective cycle. Momentum on the mid term and long term remain intact, only the short term shows a peak and...

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NASDAQ:CRWD selling seems to be over and is forming an upward channel right now. Buying pressure is seen with the support of rising volume. Furthermore, long-term MACD is coming back with positive histogram and the mid-term stochastic is showing a confirmation of oversold crossover signal. 23-period ROC is back above the zero line and hence, momentum from the...

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NASDAQ:HON is a long-term play as positive price action is looking at a renewed uptrend. First, the stock has broken strongly above the bearish gap resistance zone accompanied by high volume. 2nd long term MACD histogram has started to turned positive and oversold signal by the mid-term stochastic is back after confirming the oversold signal. Weekly chart shows...

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Block NYSE:SQ is looking at a strong bullish break to the upside after long-term MACD is looking at a return to the upside, momentum is strong as well. Volume is strong and DMI is looking at a confirmation of the bullish uptrend, Furthermore, weekly chart shows clear break above the weakened resistance level. Also, bullish closure above 200-EMA confirms the...

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NASDAQ:SBUX is looking at a mean-reversion to the upside and the stock is looking at a strong upside after stock showing a divergence with potential double bottom formation. 83.15 and 88.13 are our near-term target.

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NASDAQ:COST . The resistance is likely to be weakened and the rectangle range at the top seems to be consolidating into a potential bullish continuation pattern. First up, the bullish bar has also closes above the cloud formation. Hence, supporting the bullish upside. Should there be a correction, We will accumulate more at 820-839 support zone

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NYSE:PG has been on an uptrend for the past 1.5 years and although the larger trend may look distributive, the stock may gun for one more leg of upside as there is no strong selling pressure on 22 May when it corrected. In fact, after the 2nd selling at 168 resistance , the selling pressure became weaker and it forms a higher low, indicating strong buying...

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NYSE:MCD looking at a strong rebound as prices remain supported above 245.00. Bullish engulfing candle suggest that the buying pressure is strong and is likely to comeback.