Solana appears to be holding a strong flat pattern throughout the duration of the trending cycle of moving averages with the holding pattern reaching a resolute moment where the unknown may prove to be postively received, or negative if the MACD lines fall beneath the 0 neutral measurement. Solana is not immune to losing in price; it is capable of gaining too though.
HFCL looks good above 152 breaking out with volumes creating higher and higher low moving in a uptrend momentum consolidating just before breakout can be good swing trade.
QQQ started to finally show selling with momentum for first day in nearly a week of slowly selling. It looks as though distribution phase has passed and selling with momentum has begun. After hours etf continues to slide dramatically Bulls have lost with bears firmly in control at the moment The after hours sell we are experiencing now could possibly...
Amazon.com has rebounded from a drop, but some traders may think the e-commerce giant will give back some of its recent gains. The first pattern on today’s chart is the $181.87 level. It was the low immediately before earnings came out and represented the approximate high last week. Has old support become new resistance? Second, Wall Street wasn’t thrilled with...
Amgen has been fighting higher this year, and some traders may think a longer-term uptrend is in place. The first pattern on today’s chart is the move under $310 after mixed quarterly results. The drugmaker quickly recovered as Wall Street focused on its pipeline. The resulting drop and rebound could be viewed as a “false breakdown,” which is potentially...
Pfizer has struggled for years, but some traders may see signs of a turn. The first pattern on today’s chart is the pair of positive moves after stronger-than-expected earnings reports. Those may reflect improving fundamentals for the drugmaker. Second, the 50-day simple moving average (SMA) had a “golden cross” above the 200-day SMA last month. Has the...
Microsoft has declined along with other AI names in the last month. How big was the pullback? Some traders may be surprised to know its intensity. The first noteworthy signal on today’s chart is Wilder’s Relative Strength Index (RSI). The oscillator hit 24.69 on Monday. That was the lowest reading since August 2015. In other words, MSFT this week was more...
Timeline is 6 months - 2 years The crash has already started. At some point everyone will start to sell thier treasury bonds, yields will go up proportionally to inflation until the dollar loses it's status as the global currency and dramatic measures are used to stop inflation resulting in stagflation and yield recovery. Else hyper inflation and the dollar is...
What I have here are a bunch of momentum channels piled on each other on the keltner channel oscillator. (weekly light blue, daily green, 3hr light purple) I didn't bother hiding lines from the diff time frames, which helps put into perspective each zone in accordance to the keltner channel TF price is in. IE on the weekly we're above the KC Mid Line. Same with...
I still believe Tesla is a great company with a lot of future ahead. However, seeing how aggressive price action has been lately, it would be wise to consider taking some profits. This would allow for the trade to keep going, and the previous winning trades will have room to grow into strong investments. It's unlikely that price will continue to uptrend in this...
Looking lately at the Peso/Dollar relationship, it has seemed as if the high prices for the dollar are here to stay and the super peso has come to past. It was surprising to see that the upward trend that price was on broke. However, price as of lately has been struggling to push downwards. This is because of the 25MA is acting as support on the daily chart....
With the recent news of the FED being close to a new rate cut, it's important to start considering the possibility of the market going even higher. However, it's hard for price to keep pushing up when it's already overextended. Not saying this doesn't happen because it does. Price does tend to break the rules of statistics, given the irrationality of people....
Even though it is possible for price to go beyond the 3rd STD, It usually doesn't remain there for long before it has to cycle back to test lower levels. However, hype stocks can lead people to keep buying in fear of missing out. We all know that is a rookie mistake. That's why, even though NVIDIA is an awesome company, I would instead prefer to buy at a discount....
Recently, test of finding a top turned out to be a success. However, after entering into an uptrend on lower timeframes, price had a sudden drop while it was nearing all-time highs. This puts in risk the first trade of the referenced idea at risk. The reason we get a sell signal is because: The recent raise in price action was not enough to overcome the...
Technical Outlook: According to the technical outlook for CADJPY, the current trend is bullish, and the sentiment is oversold based on the 7-period RSI indicator . The market is approaching a significant support area at 115.742, which indicates a highly probable bullish movement . Another technical analysis suggests that CADJPY is very bullish . However, it's...
Bitcoin (BTC), the enigmatic pioneer of cryptocurrencies, has captivated investors with its volatile price swings and potential for massive returns. After a strong incline in recent months, questions are swirling about the sustainability of this bullish trend. One technical analysis pattern catching attention is the bullish wedge, and its potential to signal a...
KRRO is in the biotechnology space in the gene-editing realm. It is in portfolios of C. Woods . A recent analyst gave it an upside to 100 which is very favorable given its product line and track record with an all-time high of about $250 ( which is about 450% over current valuation) On the one-hour time frame, it has had a great week and is breaking out over...
We are selling let’s go, early set up today we are selling BTCUSD stops at the high target 1:2RRR