A long upper shadow on the weekly chart can't hold back Tesla's strength. Tesla has posted weekly candles with long upper shadows for two consecutive weeks, indicating significant selling pressure. Despite Friday's sharp drop, Tesla held firmly above the critical 415 level, closing at 431. This suggests strong buying interest around 415, further pushing the...
Apple's weekly chart closed with a shooting star candle, while smaller timeframes are still holding at trendline support. As a major weight in the Nasdaq, Apple's performance has a notable impact on the index. Looking at its weekly chart, the stock broke out of the June-to-October consolidation range earlier this year, kicking off a strong upward trend....
1. On the daily chart, SPX is trading within an upward channel, with the MACD lines positioned above the zero line. 2. SPX has risen for three consecutive days, breaking through the key 6000 level. The next resistance is expected near 6100. If a pullback stabilizes around 5982, it could push toward a new high of 6220 (the 6220 level corresponds to a Fibonacci...
1. NAS100 has risen for three consecutive days and closed above the midline of the trendline. 2. Resistance is expected near 22140, with a potential pullback. Support during the pullback is still anticipated around the trendline midline. If the daily close fails to hold above this level, the outlook turns bearish toward 20750. 3. If the pullback finds...
1. ETHUSDT has broken below the upward channel, and the rebound is still being suppressed by the ascending trendline. 2. After forming a new lower low, Ethereum is attempting to form a lower high. 3. 3685 is a key level. If it breaks above this, the bearish trend speculation will be invalidated. If it fails to break through, a lower low may form, potentially near 2810.
1. Gold rebounded from the downtrend to 2720, which looked like a strong V-shaped reversal. However, the second rally failed to make a new high, still encountering resistance near 2720. It can be confirmed that the 4-hour uptrend has been invalidated. 2. Following this, gold experienced a decline, breaking below the low point of the consolidation zone (2605),...
1. On the left, there is an uptrend, with continuously higher highs and higher lows. 2. The higher lows on December 20 were broken, forming lower lows. On December 24, support was once again found at this level. 3. In the rebound trend, the key resistance zone is between 102450 and 103550. If this range is not broken, a lower high will form. Bearish positions...
The previous two correction cycles lasted about one month, with a correction of approximately 6% and 8%. How much will this one be?
This is an excellent long opportunity, supported by both the trendline and the support line, alongside a rebound in AI stocks. Short-term target prices: $5 / $6
ASML's technical outlook is bullish, with the first target at $750. 1.The price is supported by the 200-day moving average. 2.It is breaking out of a converging triangle pattern formed during the pullback. 3.A double bottom has formed on the daily chart. TP:750/850/1000
The weekly level pullback, with short-term support seen at 239.
A very clear weekly trend. Wait for the price to reach the support zone and check for an oversold signal on the RSI. BUY: 152 - 156 Target:168 Plan to buy 2 CALL options.
The potential bearish engulfing candle here serves as a confirmation signal for the bears. The key resistance level to watch is 2660, which acted as support during gold's downtrend on November 7. This support level has now turned into resistance and could act as a barrier to further declines. When the price rebounds to this level, it presents a potential entry...
From a weekly chart perspective, the Russell 2000 ETF is showing a rounded bottom formation. Coupled with Trump-era policies encouraging reshoring and boosting local consumption, this has been a positive catalyst for small-cap stocks. While the S&P 500 remains strong, the Nasdaq, particularly tech stocks like semiconductors, has already experienced varying...
Disney's earnings report is due in 17 days. The current trend remains unclear, so we’re waiting for the price to reach around 88 or 105 for a potential trading opportunity. An engulfing candle has appeared on the lower time frames.
Hint: McDonald's earnings report on Tuesday From a technical perspective, McDonald's has broken the neckline, leading to short-covering and a rebound. It may either shift from an uptrend to a downtrend or enter a consolidation phase. The 303 level presents a good shorting opportunity.
From the daily chart of XAUUSD, a descending triangle has emerged, with a high probability of pulling back to the starting point of the rally.