Looks like a double bottom here off supporting trendline.. long over 500 ,Target 520
I think this week the 20sma will be tested on indexes and major stocks alike.. With the spy i expect a test of 505 early this week.. 505 is gap supoort from NVDA earnings and also the 20sma.. if spy breaks that support, 500 then 494 is next up. I like to take my correction 1 moving average at a time.. 494 will be close to the 50sma. If we bounce off 505 the...
Fallen Wedged here off support.. look for a push back to 177-180 in the next 2weeks
Most likely this goes to 1000 in the near future, but first i expect a pullback to 800 to test the 20sma. Tagged my yearly trendline from my last post.. looks like a minor H&S here..
Price is correcting back to 127 support... 127 is trendline support and price action support. Price is also showing a falling wedge here I think if price can hold 127 the next stop is 160 or ATH..
Look for a pullback to 488 early next week. 480 highly possible too, but 488 price action must be respected!. 480 is the 20sma so i would expect a nice bounce there if it does test 480. Dark cloud cover on daily chart with volume. Entries - if it opens green, short any test of 510 If it opens red, they'll go for targets 500, below 500 and 496 gap close...
Over the next week i think Spy and QQQ will both Test their 50sma. I dont think that will be then end of the selling but you always want to keep a heads up for a major dead cat bounce at the 50. Heres spy on The 2hour chart as you can see it bounced off trendline support here on this ascending broadening wedge. At 494 is a gap and 20ma, that will be the...
Log chart here.. Logarithmic is good for charting parabolic moves... Approaching 6yr resistance around 860-875... I expect a pullabc there to support Around 650-700 before the last leg up to 1000
NASDAQ:AAPL Rock and a hard place here setting up a bearish descending triangle.. if aapl breaks below and closes below 178 look for a pullback to 165 minimum target If Apple breaks above 185 and closes qbove downtrend then pattern would flip to a double bottom back to 200
Rising wedge breaking down here.. Short entry below 272 (50sma) Or retest of 285 (20sma). Target is 250
Top of the channel here overbought... looking for a pullback to minor support in the 1-2 weeks.. minor support would be this white trendline like so. This would mean a pullback to 480 before pushing to 500. In this scenario, a rising wedge would play out and the big sell happens early or mid march. The more aggressive scenario would be spy dropping to test...
Go to your weekly chart here... Now place your 20sma on the chart; you'll notice INTC never closed beneath that weekly 20 since spring of 2023.. last 3 straight weeks Intc has tagged its 20 including today.. If it closes below 42.50 then the next target is 40.00 or trendline support. Looks like a H&S to me with a target pf 30-35$. But the trendline support...
Channel trade here. Cat is sensitive to DJI and DJT. Short target is 265. I like the March 28th 280p. Stop loss 320
As long as 180 holds, look for a push in the coming weeks to 220. Bearish technicals lost all momentum last week and things are curling upwards. For entries i like either a buy off 180 test or a break above 190. Once price leaps over 197 the next target will be 208 or 21ema.
Interesting week ahead I could honestly see us making new ATH again and closing the gap at 482 all in the same week. Price closed friday near support of ascending triangle. Support trendline is at 487.00 - Resistance is at 488.70 Thats 1.70$ , which means some really choppy price action , which also means if you arent swinging , u should linger too...
Weekly volume inflow last week was enormous, add to that you have a bullish engulfing at the bottom of a falling wedge and its a nice setup to belong here into Qt2. Weekly MACD flipping over bullish also The move should be 30% upon wedge breakout, which would put Ali baba at 100 by mid spring. My targets are 77 90 103
Just wanted to share what i see going on with aapl here. Weekly candle closed with a grave stone doji.. whenever aapl closes with a weekly grave stone doji there's a high chance of a pullback coming in the two weeks. Aapl is displaying a very large Ascending triangle setup here. If this pattern were to play out then aapl is headed for 220-230.. There...
Priced has rallied 9% in the last 2weeks from an ascending triangle We closed friday at the top of a rising wedge here At All time high. Also google is pretty much over bought on everytime frame and weekly candle is outside its bbands. Im looking for a pullback to 138 -140 minimum in early February.