I’ve watched this triangle form over time on NKE “Nike” waiting for a breakout to the upside of breakdown to the downside. After a few decent economic reports and FL “Foot Locker” signaling positive forward guidance I believe we have the momentum needed to push higher on NKE…..let’s see how this one plays out!
Amazon seems to be forming a potential falling wedge pattern while also signaling bullish divergence. I believe we could see a breakout soon in Amazon....Let's see how this plays out!
Cup & Handle forming on XOM as the Energy Sector remains bullish in this unpredictable economic environment…..let’s see how this one plays out.
FDX is forming a potential double bottom formation after closing the gap from last earnings and retesting……. let’s see how this one plays out!
GM seems to be losing bullish momentum we have entered the gap from earnings last week currently retesting, I believe we continue downward to filling this gap to the downside……let’s see how this one plays out! - Gutta CEO
This is a crucial week for the tech industry with the Mag 7 approaching earnings, and GOOG “Google” particularly has earnings Thursday After-Hours. We’ve been displaying Bearish divergence since January, and currently forming a Head & Shoulders pattern……given the current market sentiment I believe we could see a nice pull back from Google before continuing to the...
Google formed a “Cup and Handle” Pattern……Broke and retest highs……we could see GOOG “Google” go on a nice run soon……let’s see how this one plays out!
PLTR has formed a perfect head and shoulders formation and is currently approaching the neckline in perfect timing for entry!!!
Apple is currently forming a double bottom at Key support levels ($169) also approaching over so conditions on the RSI (currently at 37). This may be a great opportunity for the Bulls to step in and push Apple back up to the $180 area and possibly $190 (All Time High) as we test a few key resistance levels along the way…… Let’s see how this one plays out!
UBER is forming a “Head and Shoulder” patter after bouncing from All-Time Highs for a 3rd time, also has a gap to fill to the downside @ $69
Disney is currently testing a heavy resistance level on the weekly chart that we haven’t seen since February 2023…… there may be a opportunity soon whether it breaks through previous resistance, retest and to then keep pushing higher, or it will reject off of previous resistance and work it way back down towards the 90s?
Google is currently forming a “Cup and Handle” pattern on the weekly chart and a “Bull Pennant” pattern on the daily chart. I think it’s safe to say Google maybe be picking up some bullish momentum soon…..let’s see how this one plays out!
With all the bad news pretty much baked in I believe it's time for the bulls to step in. We are forming a double bottom on the weekly chart currently retesting support levels from October 2023....let's see how this one plays out.
Google appears to be forming a cup and handle pattern on the daily chart. I believe GOOG may be priming up for a huge bullish move and with them positioning themselves well in this AI tug of war battle amongst all the big tech companies this year.
AAPL still falling after hours……should close below $179.90 (Key Resistance) if the Fed Rate Decision initiates a pullback in the market then that will definitely assist my idea on AAPL continuing downward towards our next support level around $169.50❗️
We have initiated the Gap Fill on FDX “FedEx”. If we were to pull back and retest previous highs before pushing higher, this would be a great opportunity to enter this trade/idea!
PINS seem to be forming a Double Bottom, I see us approaching a target of $36.43 at the neckline this week.....let's see how this one plays out!
Boeing is find strong at support $200 as we approach the bottom of an ascending channel we’re in…..also forming a falling wedge over the daily chart…..we could see a breakout and an increase in volume soon as the bulls should be stepping in……let’s see how this one plays out!