Trend
- On the weekly chart: Clearly showing an uptrend.
- The uptrend channel has extended 100% and is expected to return to the middle line at least, with a chance of reaching the lower band of the original channel.
100% Symmetrical Projection: Uptrend “N” Patterns
- A 100% Symmetrical Projection of the initial swing (from A to B) and then projected...
Hello Traders and Investors, today I will take a look at Micron Technology.
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Explanation of my video analysis:
Back in 2018 we saw a beautiful break and retest on Micron Technology which indicated even more continuation towards the upside. For over 5 years Micron Technology has also been trading in a quite nice rising channel formation and is now...
Hello Traders and Investors, today I will take a look at AMD .
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Explanation of my video analysis:
Back in 2022 AMD perfectly retested the previous all time high which was turned support after AMD stock broke it towards the upside in 2020. Furthermore AMD stock also created a bullish symmetrical triangle formation and already broke out towards the...
Hello Traders and Investors, today I will take a look at Nvidia.
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Explanation of my video analysis:
For more than 6 years Nvidia stock has been trading in a pretty obvious rising channel formation. At the moment Nvidia stock is actually retesting the upper resistance trendline. Considering that Nvidia stock also rallied 650% over the past couple of...
NVDA go a little bounce on Friday from a little hidden bullish divergence in the MACD histogram. It also put in an inside bar, so, not a very good look at the moment. Right now, last Thursday's high and low will be the range to break. If this week price can break above $906, then the chance for making $1000 increases. Perhaps, that is what the company is looking...
Head and Should Pattern on TSLA/NVDA chart.
This chart basically shows the relative strength between these two stocks, if we have a follow through tomorrow. TSLA will outrun NVDA in the short-term.
Meaning:
1. If we are going to have a bounce tomorrow, TSLA will most likely to outrun NVDA.
2. If Non-Farm and Unemployment rate kill the market tomorrow, TSLA...
As shown in the chart.
SOXL is still a higher low along on the trendline, seeking a bounce tomorrow.
I would take loss if SOXL dropped below 38.95. Otherwise, it should be ABC wave up to 53.
SEMI currently sitting on upward trend line within established bullish channel.
Previous support line at $16.30 where demand triggered another uptrend to above $17.00.
RSI currently within average buying levels around ~56-60% showing higher highs, indicating another potential run back towards previous ATH SP level of $17.54.
Aiming to take a long position...
Hello Traders and Investors, today I will take a look at Nvidia.
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Explanation of my video analysis:
For more than 6 years, Nvidia stock has been trading in a long term rising channel formation. We had the last retest of support in 2021 which was then followed by a +650% rally towards the upside. As we are speaking Nvidia stock is retesting the upper...
Overview
SoundHound AI ( NASDAQ:SOUN ) doesn't appear to be fundamentally sound, however, its technicals support a potential spike to around $15.50. While the rest of the market also appears to be nearing a peak, there may be a few more weeks of squeezing which is where SOUN may find a second, yet short-lived, wind.
Fundamentals
SoundHound AI has...
INTC in the past week trended up and reversed into a trend down which then went into a low
volatility narrow range consolidation to finish out the week. I see INTC as being in the bottom
of its recent trading range and ready to head higher inthe upcoming week. The RSI lines are
in the area of 35-40 and the slope of the regression line is rapidly decreasing....
TXN is on a 240 minute chart. It is a grinder from the 70s. I was there and a proud owner of
a TI programmable calculator costing $500 as a teenager. New cars cost $5000 for a nice VW
Bug ( got them nearly the same time). TXN has a role to play in semi-conductor and AI space.
It has been lagging others. The chart makes me believe that it is waking up. Buying...
ON shown on a 30 minute chart- has fallen behind but is a top 50 seached on the the Zack
website. It recently trended down from a push to outside the Bollinger Bands showing extreme
buying volaility and price action than a big fade into selling volatility and a slight compression.
The TTM squeeze fired just as price fell outside the lower band. Price rose...
TER shown here on a 30 minute chart has asended in a diverging channel to the resistance of
January pivot high shown in the line and zone drawn onto the chart. My idea is to short it
from here targeting first about 106 which is the line drawn from a pivot before the
paradoxical fall with a decent earnings report. The lower target is the support trendline...
ARM is looking to break out of a bull flag after a month of sideways action. Bounced off the 20 EMA and looking to head back to the highs as the market rotates back into semis. First target $150.
Since March 8th, AMD has been experiencing a consistent downtrend, repeatedly encountering resistance at the descending moving average within this abbreviated timeframe. A pivotal movement above the level indicated by the green arrow could potentially signal a significant upward momentum. It is worth noting that the stock has persistently tested and concluded...
