Company: Hyundai Mobis Ticker: 012330 Exchange: Korea Exchange (KRX) Index: KOSPI 100 Region: South Korea Introduction: Greetings to all. In today's technical analysis, we're focusing on Hyundai Mobis, a constituent of the KOSPI 100. The company's weekly chart reveals a compelling potential long position setup, featuring a clear rounding bottom pattern. ...
Company: Comcast Corporation Ticker: CMCSA Exchange: NASDAQ Sector: Communication Services Introduction: Greetings, and welcome to today's technical analysis. We're focusing on the daily chart of Comcast Corporation (CMCSA), highlighting a bullish reversal pattern known as a cup and handle that has formed over 294 days. Cup and Handle Pattern: The cup and...
Sector: Communication Services (XLC) Introduction: Hello everyone! Today, we're analyzing the weekly chart of the Communication Services Sector (XLC). After a clear downward trend, we observe a potentially bullish reversal marked by a variation of an inverted head and shoulders pattern. Inverted Head and Shoulders Pattern: Typically, an inverted head and...
Company: Equifax Inc. Ticker: EFX Exchange: NYSE Sector: Industrials Introduction: Hello, and welcome to this technical analysis! Today, we're exploring the daily chart of Equifax Inc. on the NYSE. We observe an intriguing pattern within a pattern: a shorter-term head and shoulders continuation pattern nested within a longer-term inverted head and shoulders...
Company: Moody's Corporation Ticker: MCO Exchange: NYSE Sector: Financial Services Introduction: Hello and welcome to our technical analysis! Today we're examining the weekly chart of Moody's Corporation on the NYSE. A fascinating pattern within a pattern is currently unfolding, with an inverted head and shoulders formation potentially serving as a bottom...
Company: Fujitsu Limited Ticker: 6702.T Exchange: Tokyo Stock Exchange Sector: Technology Introduction: Hello and welcome to our technical analysis session! Today we are focusing on Fujitsu Limited as observed on the weekly chart on the Tokyo Stock Exchange. An intriguing symmetrical triangle formation has caught our attention, which may act as a bullish...
Company: Mitsubishi Heavy Industries Ticker: 7011 Exchange: Tokyo Stock Exchange Sector: Industrial Introduction: Hello and welcome to this week's technical analysis. We're focusing on Mitsubishi Heavy Industries, as represented on the weekly chart of the Tokyo Stock Exchange. The company's stock has formed an interesting rectangle pattern over the past 378...
Company: GigaMedia Limited Ticker: GIGM Exchange: NASDAQ Sector: Technology Introduction: Hello everyone, today we are focusing on GigaMedia Limited (GIGM), analyzing its Daily scale chart on the NASDAQ exchange. The price chart has caught our attention due to the formation of a bottom pattern, specifically, a cup and handle, which has been developing over the...
Company: Tabula Rasa HealthCare, Inc. Ticker: TRHC Exchange: NASDAQ Sector: Healthcare Introduction: Hello, traders and investors! Today we are analyzing Tabula Rasa HealthCare Inc (TRHC) on the weekly scale chart. We'll specifically be observing a classic price pattern known as a cup and handle, which may serve as a bottom reversal. Cup and Handle Pattern:...
Company: Marvell Technology Group Ltd. Ticker: MRVL Exchange: NASDAQ Sector: Technology Introduction: Greetings, fellow traders and investors! Today, we're diving into the daily scale chart of Marvell Technology Group Ltd. (MRVL), particularly observing a potential rectangle pattern that has formed after a clear downtrend. Rectangle Pattern: The rectangle...
Commodity: Cotton Cash Contract Introduction: Hello everyone! Today, we'll be analyzing the Cotton Cash Contract on the daily scale traded on Pepperstone. After a clear downward trend, the contract seems to have entered a consolidation phase, possibly forming a rectangle pattern. Analysis: The rectangle pattern we're observing has been forming for around...
Index: MSCI World Index Fund Introduction: Hello everyone! Today, we are looking at the MSCI World Index Fund to gain a broader perspective on the global equity market environment. Based on our current analysis, we can see the formation of a classic technical pattern, signaling a potential reversal from the preceding downtrend. Analysis: Over the past 371...
Index: NASDAQ 100 Index Exchange: NASDAQ Introduction: Greetings! In today's technical analysis, we're examining the NASDAQ 100 Index on the weekly scale. Although we're not hunting for a fresh breakout, our goal here is to estimate a possible price target based on the index's recent price action and established technical patterns. Analysis: The NASDAQ 100...
The dollar index gained a lot of strength on Friday pushing it all the way to 102.7 very close to the supply zone where we believe a correction will happen. It is also at fibo extension level 1.272 A healthy correction is needed to continue the uptrend.
Company: SolarEdge Technologies Ticker: SEDG Exchange: NASDAQ Sector: Technology Introduction: Hello, and thank you for joining me for this technical analysis. Today, we're examining the weekly scale chart of SolarEdge Technologies (SEDG), with particular focus on an intriguing pattern within a pattern – a shorter-term Rectangle nested within a longer-term...
Company: Micron Technology Ticker: MU Exchange: NASDAQ Sector: Technology Introduction: Hello, and thank you for joining me for this technical analysis. Today, we will take a close look at Micron Technology (MU), specifically focusing on a Rectangle pattern that has formed on the daily chart. Rectangle Pattern: The Rectangle pattern is a period of...
USDJPY went up as the dollar gained some strength on Friday. The pair could have bottomed and is ready for a new high, but first a correction is needed. Closing below the trendline cancels the analysis.
AUDUSD went down as the dollar gained some strength on Friday. It is nearing a demand area where it should correct upward to fibo levels before continuing its downward journey.