balinor

balinor

Market do not like yesterday "shocking" news and price dropped badly I think price will continue to drop near 58,20$ and then recover again targeting 65$ Short term channel is still bullish (green channel) but major long term trend in bearish (red channel) Inverted head and shoulder valid until right shoulder get not surpassed

balinor Updated 

Short term channel down has been broken and price now follow uptrend started on mid dicember I suppose price will continue to rise targeting 79$ next week High sensivity to 4H SMA crossing that often cause a rapid inversion Long term trend is still bearish

balinor Updated 

Inverted H&S is almost complete, SMA100 last three days provided a strong support I suppose price will reach neckline al 64$ soon , maybe next week and then a bullish movement will beging targeting SMA200 at around 65$ SMA200 crossing and inverted H&S confirmation can provide enought strenght to exit from the (long) downtrend channel and fill the gap between 67$-72,5$

balinor Updated 

Yesterday Luminar failed to get outside of the downtrend channel and dropped badly I suppose it will go down again near 2,20$ before recovering again

balinor

Rocket lab was on sell for many days.. I think it reached the bottom and is now ready to breakout descending purple line and start a new bullish trend Confirmation closing a 4H candle over 5.02$

balinor

Allegro take a boost on Friday scoring a +5% but it’s only the beginning Price is now ready to cross downtrend purple line breaking bearish trend I think price will rise strongly after breakout Beware of earnings on 1 February

balinor Updated 

Previous chart was created from a weekly view but was wrong because of the gap in May 2023 I suppose price will reach around 575-580$ and then start a downmove targeting resistance at 500$

balinor Updated 

Monday's breakout failed because prices cannot reach the confirmation trend line However trend channel now appears to be directed upside Very risky stock, I'm just watching right now trying to predict future move

balinor Updated 

Price reached upper channeldown border and a break can happen I think price will drop reaching again 4H SMA50 and SMA100 (red - green line) If break succeded and a candle 4H closes over 75,20$ medium period trend will change to bullish !

balinor

NIO dropped badly during the last two weeks Price reached bottom of medium trend channel down but long term channel still have space to drop more I think price will reach 5.30-5.40$ before a bounce can happen (blue arrow) Yesterday price find support on medium term border and is also possible ad up move to 7$ (light blue arrow)

balinor Updated 

Allegro is moving inside a strong upside channel Solid earnings growth can take to a +30% in the next months

balinor

Price bounce frenetically from 4H SMA200 and 4H SMA100 these days I think price will continue to move up an down but slowly moving toward 68$ during next days

balinor Updated 

These days more analyst changed rating suggestion from "buy" to "hold" for PayPal Price dropped badly getting outside of trend channelup (and hitting my stop loss) If price cannot get back into the channel these days i think it will drop more I'm just looking right now to check if inverted H&S completes

balinor

Price approaching a critical area 15.90/16$ where two direction are possible Reaching area and then rising again will confirm medium term bullish trend (blue arrow) with target 16.50 where purple trendline will be a resistance Breaking down otherwise will confirm continuation of bearish trend started at december 23 with a target of 15.20$

balinor Updated 

Last week 4H SMA100 provide many time a stong support and price reversed when crossing I think upside movement will continue trying to get outside again from medium term channeldown Target for the next days 75,50$ and then I suppose a downswing to 73,20

balinor

Earning drop was intense but defined a new minimun that match with previous one Is it possible to define a new channelup I think price will consolidate inside resistance 1.90-2.10$ this week before gathering enough strenght to target upper border at around 2.60$

balinor Updated 

I think Symbotic will soon fill the gap to 39$ 39$ was a strong resistance in the past and can provide support for a new ride

balinor Updated 

I think recend bad new can take price down very quikly to reach trendline near 200$ very soon