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
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.
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
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...
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...
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...
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...
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...
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.
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
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...
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.
Tesla is looking at a potential completion of the double three corrective wave and also, the potential inverted head and shoulder is forming. Given the strong bullish bar, we think Tesla is likely heading for a bullish reversal.
Taking a slight small risk to buy NVDA after gap down on better than expected result
NYSE:TSM has been on an uptrend and the recent correction has been a weak bearish downside, forming a bullish flag instead. Yesterday's bullish bar break above the flag has been confirmed and long-term MACD has been rising, supporting the long-term uptrend. We believe that the stock is likely to continue to edge up higher in the longer-term. SHort-term target...
NASDAQ:CAN is looking at a strong possible bullish reversal to the upside after it break up strongly above the consolidative range. Foresee 3.94 as a strong target
TWSE:3037 is looking at a strong potential rebound to the upside after prices breaks and filled above the 2 bearish gap on two different occasion. With the ichimoku showing two out of three bullish crossover, the stock is poised to rise further. To add on, the rise today was supported by strong rising volume. Breaking above 170 in the near future will cement the...
NASDAQ:CELH is looking at a possible bottom rebound after strong volume supporting the break out of the downtrend line. We believe that the stock is eyeing 60.00 in the mid-term. Ichimoku shows two out of three bullish crossover and Stochastic has shown oversold crossover. Furthermore, the 23-period ROC shows a bullish divergence.