AMEX:FXI , China Large Cap ETF, shows a Double Bottom pattern. Wait for a breakout of the parallel downtrend or a stop below the double bottom. CHINA IS PLANNING A STOCK MARKET RESCUE PACKAGE BACKED BY $278 BILLION DOLLARS.
Double Bottom Oversold Stoch RSI. The technical analysis indicates a Double Bottom pattern along with an Oversold condition in the Stochastic RSI. This combination suggests a potential reversal or a bullish momentum in the market. The Double Bottom pattern is characterized by two consecutive troughs at approximately the same price level, indicating a possible...
NASDAQ:MARA (Marathon Digital) is holding the double bottom support. Mara needs to close above the green line, and bullish consolidation is required. Stochastic RSI is oversold, and the parallel downtrend needs to be broken. The stop-out point is on a close below the grey line
NASDAQ:INTC (Intel) is undergoing a bearish-to-bullish reversal, marked by an oversold Stochastic RSI. It is currently positioned above the 50-day moving average. Our dynamic support level will serve as a stop-out point in case of a weekly close below it.
NASDAQ:COIN (Coinbase) has tested a double bottom at the blue line within a parallel downtrend. Below the 50 day moving average. The Stochastic Relative Strength Index (Stoch RSI) indicates oversold conditions. Currently, we are awaiting an algorithmic buy alert and a breakout from the parallel downtrend before considering entry into a long position
In technical analysis, a bear flag is a continuation pattern that can signal a potential downtrend continuation in the price of an asset. It consists of two main components: 1. **Flagpole:** The pattern begins with a sharp and steep downward price movement, known as the flagpole. This represents a significant and rapid decline in the asset's price. 2. **Flag:**...
NYSE:DIS Disney Weekly Chart Bull Flag, above 50 week moving average. Bearish to bullish reversal.
NASDAQ:PYPL PayPal Below 50 Week Moving Average and needs to close above for at least week before a new uptrend can begin. We can see PayPal form a bottom.
BITSTAMP:BTCUSD Bear Flag Continues, A bear flag is a technical analysis pattern that can signal a potential continuation of a downtrend in the price of an asset, in this case, Bitcoin (BTC) against the US Dollar (USD). The pattern is characterized by two parallel trendlines – the first being a downward-sloping trendline (flagpole) representing the initial price...
FX:EURUSD Parallel Uptrend Break, this is going to be positive for the dollar and negative for U.S. stocks. Notice how the EURUSD bottomed exactly when the U.S. stocks did.
NASDAQ:TLT Parallel Down Trend and Support 50 day moving average NASDAQ:TLT , a discernible parallel downtrend is evident, suggesting a consistent downward trajectory in the stock's price movements. Notably, a significant support level is identified at the 50-day moving average, indicating a point where the stock has historically found stability amid market...
In a technical analysis focused on Tesla's parallel downtrend below the 50-day moving average (MA), we're examining the stock's price movement concerning its short-term moving average. The 50-day MA is often used to gauge the intermediate-term trend. If Tesla is in a parallel downtrend below the 50-day MA, it suggests that the stock's recent price movements are...
NASDAQ:OZK Bank OZK Tested The 50 Day Moving Average, and supply zone.
NYSE:BA Boeing Gap Fill 50% Retracement on the weekly chart. In technical analysis, the term "Boeing Gap Fill" refers to a situation where the price of Boeing's stock retraces or fills a gap that occurred in the past on its weekly chart. Specifically, the focus here is on a 50% retracement. A gap occurs when the price of an asset moves sharply up or down,...
BITSTAMP:BTCUSD Double Bottom Support still an uptrend" suggests that Bitcoin (BTC) against the US Dollar (USD) is exhibiting a technical pattern known as a "Double Bottom" at a particular support level, and the overall trend remains upward. In technical analysis: "Double Bottom" is a bullish reversal pattern that typically forms after a downtrend. It consists...
Fundamentals + Algorithms Revenue growth: While not explosive, PLTR has shown consistent revenue growth, exceeding 40% year-over-year in recent quarters. However, investor expectations and valuation were initially set much higher, contributing to the recent stock price decline. Profitability challenges: PLTR currently operates at a significant net loss, raising...
Fundamentals + Algorithms When you see a green up arrow, it signals an algorithmic buy alert and a new uptrend, allowing you to accumulate the stock for long-term growth Cloud-delivered security leader: CrowdStrike offers the Falcon® platform, a cloud-based solution protecting endpoints, cloud workloads, identities, and data. Market leader with industry...
BITSTAMP:BTCUSD Bull Flag with Bullish Consolidation. Our Algorithm had a buy alert on 9/28/23 a close below our Dynamic Support Level Green Line may end the up trend. In technical analysis, a bullish consolidation refers to a period of price movement in which an asset's price temporarily slows down or moves within a relatively narrow range after a prior upward...