wavepoint99

wavepoint99

- QQQ has given a positive signal from the double bottom formation by a break up through the resistance at 294. - Further rise to 327 or more is signaled. - The stock is between support at 318 and resistance at 334. - A definitive break through of one of these levels predicts the new direction. - Volume has previously been low at price tops and high at price...

wavepoint99

- TQQQ has broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate. - It also gave positive signal from the double bottom formation at the break up through the resistance at 23.69. - Further rise to 30.60 or more is signaled. - The stock has broken a resistance level in the short term and given a positive...

wavepoint99

- AAPL has given a positive signal from the inverse head and shoulders formation by a break up through the resistance at 157. - The stock has support at 151 and resistance at 175. - Positive volume balance shows that volume is higher on days with rising prices than days with falling prices. - Overall assessed as technically positive for the medium long term. *EP:...

wavepoint99

- DPZ is in a falling trend channel in the medium long term. - DPZ has broken a resistance level in the short term and given a positive signal for the short-term trading range. - DPZ has broken up through resistance at 326. - In case of negative reactions, there will now be support at 326. - Overall assessed as technically positive for the medium long term. *EP:...

wavepoint99

- ALGN is in a rising trend channel in the medium long term. - ALGN has broken an inverse head and shoulders formation. - There is no resistance in the price chart and further rise is indicated. - In case of a negative reaction, the stock has support at approximately 300. - The RSI curve shows a rising trend, which supports the positive trend. - Overall assessed...

wavepoint99

- MRK is in a rising trend channel in the medium long term. - The price has risen strongly since the positive signal from the rectangle formation at the break through resistance at 95.58. - The stock has broken up through resistance at 115. - Volume tops and volume bottoms correspond badly with tops and bottoms in the price. - The short term momentum of the stock...

wavepoint99

- LLY is in a rising trend channel in the medium long term. - LLY has also received a positive signal from the moving average indicator, thus signaling a continued rise. - LLY has broken up through resistance at 375. - The short term momentum of the stock is strongly positive, with RSI above 70. - Overall assessed as technically positive for the medium long...

wavepoint99

- UAL is in a rising trend channel in the medium long term. - The stock has broken a double bottom formation. - A decisive break of the resistance at 44.25 will signal a rise to 47.11 or more. - The stock has marginally broken up through resistance at 46.00. - An established break predicts a further rise. - Overall assessed as technically positive for the medium...

wavepoint99

- MA is within an approximate horizontal trend channel in the medium long term, which indicates further development in the same direction. - The stock has broken a resistance level in the short term and given a positive signal for the short-term trading range. - The stock is approaching resistance at 380, which may give a negative reaction. - However, a break...

wavepoint99

- V is in a rising trend channel in the medium long term. - The stock has broken up through resistance at 231. - The short term momentum of the stock is strongly positive, with RSI above 70. - However, particularly for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards. - The stock is overall assessed...

wavepoint99

- UBER is in a rising trend channel in the medium long term. - The price has reacted back after the break of the rectangle formation. - There is support around 29.76, which now indicates good buying opportunities. - The stock has broken down through support at 31.60. - RSI diverges positively against the price, which indicates a possibility for a reaction up. -...

wavepoint99

- HSI is in a falling trend channel in the medium long term. - An inverse head and shoulders formation is under development. - A decisive break of the resistance at 22780, ideally with an increase in volume, signals a further rise. - The index has support at points 19500 and resistance at points 22600. - The RSI curve shows a rising trend, which is an early signal...

wavepoint99

- ETH is in a rising trend channel in the medium long term. - ETH is testing resistance at 2000. - This could give a negative reaction, but an upward breakthrough of points 2000 means a positive signal. - ETH is assessed as technically slightly positive for the medium long term. *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST:...

wavepoint99

- BTC is in a rising trend channel in the medium long term. - There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the currency has support at approximately 25000. - RSI diverges negatively against the price, which indicates danger of a reaction downwards. - Overall assessed as technically positive for the...

wavepoint99

- WM has broken the falling trend channel in the medium long term and reacted strongly up. - The price has broken the resistance at 164 of a rectangle pattern, which signals a further rise. - The stock has support at 155 and resistance at 170. - The short term momentum of the stock is strongly positive, with RSI above 70. - However, particularly for big stocks,...

wavepoint99

- TQQQ has broken the floor of the rising trend channel in the short term, which indicates a weaker initial rising rate. - TQQQ has broken up through resistance at 27. This predicts a further rise. - TQQQ is assessed as technically positive for the short term.

wavepoint99

- FTNT has broken through the ceiling of a falling trend channel in the medium long term. - The stock has met the objective at 57 after a break of the double bottom formation. - The price has now fallen, but the formation indicates further rise. - The stock has support at 63 and resistance at 71. - The RSI curve shows a rising trend, which could be an early signal...

wavepoint99

- LULU has broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate. - The price has risen strongly since the positive signal from the double bottom formation at the break through resistance at 325. - Between support at 352 and resistance at 385. - RSI is above 70 after a good price increase the past weeks. -...