Google, has been facing antitrust allegations from multiple parties and the share price has dropped from July peaks, by about 14%. There is an earnings date coming up on October 22nd. The stock is currently downward trending and will likely drift lower over the next week, presenting an opportunity to purchase Google stock at a lower price. The long term trend...
A key company in the supply chain of biggest chipmakers. Earnings coming up this month - price could potentially drop prior to earnings. However, chips have seen a large tailwind in the recent weeks about AI spurring chip demand for 2025, that resulted in a lift for all chip maker stocks. Micron recently outperformed their quarterly targets and saw an increase...
You can see a cup and handle formation that is nearing its' end in the chart for CNR - this is therefore a bullish call. As well as that, CNR operates in the real estate materials space and with real estate expecting to see a supercycle in the states in the next decade, this is a conducive trade within that context.
TNA is approaching a hard support level - the support level has been tested a total of 5 times throughout the year and has always bounced back. In addition, the upcoming January effect could be positively impactful for small cap index.
Cup and Handle formation observed on the long term Gold chart
Gold is showing a cup and handle formation, the support level seems to be holding for now and the RSI is starting to bounce off of the oversold territory.
Clear Wedge Pattern formation is occurring in BTC. 20 MA is crossing upwards the 50 and the 100 MA. The RSI is inching towards overbought line, on low volume. These are all technical bullish indicators for a breakout.
Numi is a stock in the growing psychedelic space and is one of the companies leading the way to legalization. You can see from the chart: 1. Cupholder formation 2. Triangle formation 3. Potential to breakout higher