Hi Realistic Traders, let's delve into the technical analysis of NASDAQ:AAPL ! On the Daily timeframe, we've spotted a significant double-top pattern , suggesting a potential bearish reversal if the neckline is breached. Also, the price has fallen below the EMA200 line, indicating ongoing selling pressure. Despite two attempts, it hasn't managed to break...
SPX500 hits ceiling somewhere around April to June. (if current trend holds intact)
Hi guys! This is an Update on Netflix (NFLX) on the 1 day chart. We are currently at risk of a trend change in the makings due to a breakdown of Major Support. This is a zoomed in look on the daily timeframe. But if you look at my previous idea below, notice the Uptrend Channel that Netflix has been following since June 2022. Todays candle is currently BELOW...
Hi guys. This is a MACRO Technical Analysis on Netflix (NFLX) on the 1 Week TImeframe. This week we have TESTED Support on the 21 EMA and the Support trendline of the UPTREND channel. Netflix is heavily supported not only by these 2 mentioned SUPPORT lines but also a 3rd Support, the black horizontal support line as well. Everytime we've touched the Support...
Hello Fellow Stock Traders, Here's a Technical Analysis of GOOGL! Alphabet Inc. (GOOGL) has exhibited a notable price development by surpassing its Exponential Moving Average 50 (EMA50) and subsequently rebounding off the dynamic support level. This particular price action suggests a bullish trend in the stock. Moreover, there has been an identifiable...
Hello Fellow Stock Investor/Trader, Here's an Outlook for NASDAQ or NQ1! Price Action Analysis 1. NASDAQ has rebound on the dynamic support (EMA200) and Multiple Rejection Area 2. Forming a Descending Broadening Wedge, the pattern indicates a bullish continuation pattern 3. Breakout of the pattern confirmed the possibility of the upside movement 4. The...
Jan 23 Prices Model M: USD 66,000 Mar 23 Prices Model M: USD 42,000 Drop of 30%, but sales increased by only 5%. The EPS Estimates for March earnings per share is $0.85, a drop of 32%: that means price cuts directly ate into the bottomline. The March '23 EPS would be its Biggest Drop in years. Is that the reason of the ill timed price rise after a day of the...
EPS: $1.88 vs. $1.94 estimated, down 10.9% year over year Revenue: $117.15 billion vs. $121.10 billion estimated, down 5.49% year over year iPhone revenue: $65.78 billion vs. $68.29 billion estimated, down 8.17% year over year Mac revenue: $7.74 billion vs. $9.63 billion estimated, down 28.66% year over year iPad revenue: $9.4 billion vs. $7.76 billion...
Hello Fellow Stock Global Trader/Investor! Here's Technical Outlook on CPIN Chart Perspective CPIN is moving in the bullish continuation. The breakout of the bearish trendline and bullish flag indicated a potential bullish bias ahead. Furthermore, the momentum indicator made a golden cross, indicating a possible upside movement to the target area. All other...
Cathie just published her Open letter for Fed. If a bottom stock picker tracks macro and starts advising the Central Bank about what to do, you know something is wrong in Paradise. Technically speaking, the price chart has forming a H&S. Ten out of last 11 months have beeen negative months.It has grossly underperformed all the possible indices . Fundamentally...
GOOG, after doing a bear flag, was since rejected by 102 volume profile zone. It has entered into a low volume space & the next volume support level at 88.80 will be fast unless GOOG recovers 102 after Thursday’s CPI data. Some earnings report from banks this week are also catalysts. A small oversold bounce expected this week but may not last. Not trading advice
Hello Fellow Investor/Trader, Here's a Technical outlook of NASDAQ! NASDAQ has broken out of Ascending Broadening Wedge and retested the previous support area. Furthermore, The Stochastic indicator also made a Death Cross, indicating potential bearish movement ahead. All other explanations are presented on the chart. The roadmap will be invalid after reaching...
Hello Fellow Global Stock Investor/Trader, Here's a Technical outlook of NIKE! NIKE has broken out of Ascending Broadening Wedge. Furthermore, The MACD indicator created a Death cross, indicating potential bearish movement ahead. All other explanations are presented on the chart. The roadmap will be invalid after reaching the target/Resistance...
AMZN has been making an ABC correction since the 188 ATH. The decline was very fast once it failed to hold the 150 volume profile zone. It has retraced exactly to 101, the 0.854 FIB of the 82 pandemic low to ATH. There was a little bounce but AMZN basically is just hovering around the 2016 TL while consolidating inside my red box without breaking the downtrend...
AAPL failed to hold 133 the Fib 0.618 level. It also closed slightly below its recent low & the weekly cloud. This turns the 133 from support to resistance if AAPL does not reclaim it quickly. The next support zone will be the 120 to 117 green box, very near wma 150. Coincidentally, 120 will also be a 200% retracement of the last rally from 150 to the high of...
Google is still in a big red channel downtrend sine the ATH at 3042 failing to hold even the median line last week. The lower red channel at 2025 will be tested. If Google loses the 0.50 Fibo retracement, there will be a totally blank space (green box) until the next Fibo 0.618 at 1786. The decline will be very very quick. This capitulation most likely to happen...
AAPL is the last big tech to break, pulling down QQQ & SPY with it. In this weekly chart, it just broke the green WMA50 line & also the upchannel. It seems to be making a M-pattern already with a lower high & a lower low thus confirming the downtrend. Despite a big relief rally bouncing from 140 zone last Friday, I think AAPL may still go down to my green...
The rush to bonds by the big funds will be breathtaking. As you may or not know I have been extremely bearish on big tech for a few months, now we are seeing that come to fruition. This chart is qqq divided by bonds (bnd etf). As this comes down, it indicates that bonds will retain or gain value vs tech. This may be the most important financial rotation in our lifetime.