A breakthrough above $150 and the weekly 50-day Moving Average (MA), there's a high likelihood of revisiting our initial price accumulation level which around $200.
Coinbase's trajectory may continue to soar alongside the surging interest in Bitcoin. Next resistance around $240 (61.8% Fibo level) Avoid blocking the entrance while the entire world pushes through.
Since October 2023, BA experienced a positive trend, reaching the 50% Fibonacci resistance level on the weekly chart. Last week, the Relative Strength Index (RSI) indicated oversold conditions, showing a downward turn. However, the recent news of the FAA grounding over 170 Boeing 737 Max 9s, following an incident where a section of an Alaska Airlines plane blew...
With 3 time rate cutting in 2024, it will benefit small cap due to loan/debt interest repayment. This will help the small cap companies. On daily time frame, RSI is at overbought level which you may want to be caution to chase the bullish trend. Waiting for pullback to long. Break and close above 2010 = may see 2150 follow by 2300 in year 2024. On weekly time...
Well supported by 50D MA on weekly chart. Major support level between $24.50 - $27.30 Eying price to return back to IPO price at $42.
Small cap have been trading sideway since Jun 2022 with the resistance around 2k. With end of year rally, it may benefit small cap index. Eying to return back to 2k resistance level.
Grab may return back near to $4 base on sector comparison. Looking at how both Uber & Lyft perform, we may position a upside bias for Grab.
21st Oct 2023. Tesla shares dropped more than 15% over the last few days to close the week at $211.99 after CEO Elon Musk waxed pessimistic about macroeconomic issues on a third-quarter earnings call Wednesday. Shareholder need Elon Musk magical hands to save it. Otherwise from chart basis, we may see Tesla fall below $200 to around $175 coming weeks.
21st Oct 2023, Break below long term ascending support, went lower to touch $150 (Another support) level before rebound. Watchout, break below $150 again, will send JNJ lower.
21st Oct 2023 Bias more on downside. Eying 200D MA @ 14000. Highly depend on coming up Tech earning reports
Eying more on downside. Support around 14600 Break and close below may see 200D MA as support
21st Oct 2023. Bias Meta on downside (after 25th Oct Earnings) TA Basis Resisted by 78.6% Forming Bearish Divergence (RSI) Weekly Candle show bearish Engulfing
Break and close below $43.50, May see downside and support at around $40.70
3 Sign of upside 1st Pullback at 38.2FIBO on day chart (well supported) 2nd Supported by 200days MA. 3rd. RSI at near to oversold level
Price reached support zone (1900-1920) If break below 1900, may see more downside. However, gold always act as a protection. Wait for price action
Weekly chart showing quite promising for Grab to have a breakout. Watchout resistance at $4.
Price is well supported above $40. Trade along with the sideway market bias upside.
27th May 2023 Target remain at $42 IPO price. Will continue to fly with current AI trend. Even with short seller firm report/statement on C3.ai, it can't pressure down the price. Hope Kerrisdale capital who short sell this stock got squeeze badly :)