NYSE:BA is definitely below its current fundamentals for the 1st quarter of 2024. This was the biggest gain of all the Dow 30 components yesterday.
It was an obvious reversal point at a prior Buy Zone at October's lows. Yesterday was driven by pro traders with a run up at open rather than an HFT gap up at open. We can also see the pro trader nudge pattern in...
NASDAQ:FTNT is a good example of a stock that had a big gap down that immediately filled due to falling below its fundamental level and a Dark Pool Buy Zone.
This and the sideways trading range developing on the long-term trend creates strong support for weathering any sympathy moves from other cybersecurity stocks that have been over-speculated.
Sideways...
NASDAQ:MSFT ran down yesterday but is reaching the low of the support today.
The next tier of support is outlined also from the Dec-Jan Buy Zone ahead of earnings season.
The risk day traders are taking selling short is if it runs below the low of the support and the Dark Pools surface to buy below its fundamental price level. This is why selling short is...
This Dow component attempted a new all-time high and failed. However, it has ample support from the prior sideways trend after the previous all-time high. NYSE:CAT has been over-speculated as it moved out of its bottom low.
The company reports end of January. Watching to see how the stock performs in the next week or so should indicate whether it will be stuck...
The NASDAQ:AMD Weekly Chart shows that the stock had attempted to complete the long term bottom at 104.
But over the past few weeks, it dipped below that bottom completion level.
This week it has started move up. This provides a level of fundamental support.
If it had continued downward, then fundamentals would be lower. For now, it appears fundamentals...
