For the past two months, GOOGL has been stuck in a sluggish sideways phase, with even its latest breakout attempt quickly sold off. During the magenta wave , we still expect a new high, though a direct transition into the subsequent wave remains technically possible. In our 33% likely alternative scenario, we would have to reckon with a significantly delayed...
What a strong sell-off for XRP! Since last Friday, Ripple has dropped nearly 45%, yet it still hasn’t reached our magenta Target Zone between $1.69 and $1. While XRP saw a strong rebound after the sudden plunge, the magenta wave (4) should still head for a lower low within our Target Zone in the short term. Only after this price range has been reached do we...
The Amazon stock has shown significant volatility recently but managed to recover its temporary losses of over 7% just as quickly. We still position the stock within the turquoise wave 3, which should have additional upside potential. Once this high is established—something that may have already occurred—we anticipate a wave 4 pullback before wave 5 completes the...
Sui has sold off sharply in recent days, losing around 35% of its value since the top of the turquoise wave B at the resistance near $5.36. In the short term, this decline should continue until the price reaches the anticipated low of the magenta corrective wave (4) within the same-colored Target Zone between $3.23 and $2.70. From there, we expect an impulsive...
The rally that began at the turn of the year has recently transitioned into a phase of consolidation, leaving our primary outlook unchanged for now. During the magenta wave , we anticipate another pullback toward the support at $53.26, where the subsequent wave should begin. This wave should eventually propel the price beyond the resistance at $87, where we...
Wave in dark green has been successfully completed, creating a new support level at $157.47 with its low. PG is currently working on the countermovement of wave , and we have outlined a Target Zone for the expected top (between $171.66 and $177.84). This price range could be an opportunity to take profits from long trades or establish new short positions....
Apple has made progress as part of our primary scenario, gradually edging lower toward our magenta Target Zone between $209.57 and $196.05. In this price range, we anticipate the low of the magenta wave (2) and, subsequently, a reversal to the upside. On the other hand, we consider it 37% (previously 40%) likely that AAPL will stage an immediate breakout above the...
Since the low of the blue wave (ii), Decentraland’s MANA has been dragging itself through a sideways consolidation just above the support at $0.41. Soon, however, new buying pressure should arise and push the price well above the resistance at $0.85 during the current impulsive wave (iii) in blue. If MANA instead drops below the support at $0.41, the magenta...
Over the past two weeks, NVDA has exhibited increased fluctuation within the boundaries of the current key levels: the resistance at $152.89 and the support at $126.34. Initially, the price seemed to favor our alternative scenario, but it managed to reverse just in time. Following a dip to $129, the stock rebounded swiftly. Our primary assumption remains that the...
Although a slight downward tendency has been observed in TTWO’s sideways phase, the stock has recently shown new motivation on the upside. While short-term pullbacks cannot be ruled out, we still expect the beige b-wave to extend into our beige Target Zone (coordinates: $241.59 – $257.87), where we anticipate a significant trend reversal. This outlook remains...
We assume that EA’s recent high at $169.82 marked the completion of a prominent wave in green. This top stands out because it represents a typical corrective pattern where a seemingly new uptrend is simulated. Unlike a standard B wave, an overshooting B wave can significantly exceed the prior peak – in EA’s case, the last major high of July 2018. We primarily...
![COIN: Coinbase: Wave (v) of [iii]!](https://s3.tradingview.com/p/pakPCAko_mid.png "Coinbase: Wave (v) of [iii]!")
At $241, Coinbase recently reached a new local low, after which the price surged an impressive 17% at its peak. Thus, we now consider the blue wave (iv) as complete and locate the stock in the blue wave (v), which should push to new all-time highs to complete the larger wave of the ongoing magenta upward impulse. However, this upward trajectory will be postponed...
So far, Fetch.ai has remained just above the upper edge of our blue Target Zone between $1.09 and $0.81. However, we primarily expect the coin to dive deeper into this price range to complete the blue correction wave (ii). On the other hand, if this intermediate correction has already been completed with the low on December 20, FET will bypass our Zone and rise...
![AMD: AMD: Wave (3) of [3]](https://s3.tradingview.com/n/nRvnC4hK_mid.png "AMD: Wave (3) of [3]")
As anticipated, AMD has realized strong sell-offs, breaking below the support at $121.82. We primarily expect the magenta wave (3) to conclude further south, followed by a corrective rise in the subsequent wave (4). Below $121.82, however, the stock should resume the magenta downward impulse and, thus, start wave (5).
The ADBE stock has continued its downward movement, heading directly toward the center of our beige Target Zone (coordinates: $449.61 – $331.93). With this range now reached, the minimum requirement for the ongoing correction has been met. However, our primary expectation remains that the price will engage more extensively within our Zone, as we anticipate the...
Cronos has dived into our beige Target Zone between $0.1322 and $0.0884 and should soon reach the projected low of the green wave . In our Zone, the coin should succeed in a bullish reversal, and the following impulsive wave should propel the price significantly above the resistance at $0.23. As CRO has fulfilled the minimum requirements for the wave ...
![TSLA: Tesla: More Room for Wave [iv]](https://s3.tradingview.com/j/j1tnhaf5_mid.png "Tesla: More Room for Wave [iv]")
We place Tesla in a magenta upward impulse, imminently allowing wave more room on the downside. While the current extension suggests that this wave might already be complete, the necessary confirming signals are missing. Still, wave should primarily settle its low with a sufficient distance above the support at $271. A sell-off below this level, however, is...
PANW reached a new peak at $207.24 on December 16. Although the price briefly moved above the significant $200 threshold, it failed to gain traction at higher levels. Thus, we now consider the top of the beige wave B as established and position the stock in the third and final stage of the larger wave (II) correction. From the wave B peak, the stock has already...
