NASDAQ:OKTA #OKTA is currently testing a significant level where a couple of broken wedges are being tested. For this one, I may reinforce the analysis later on with some more insights early next week. #AHMEDMESBAH
Investment is always a long term game. Even the best of the companies can have issues with governance, operations, supply chain and demand. We need patience, perseverance and persistency sometimes. Avoid being impulsive, hasty and emotional and impetuous in this journey to create generational wealth and achieve financial freedom. With my limited knowledge I will...
Hi Realistic Traders, let's delve into the technical analysis of NASDAQ:GOOG Google has rebounded three times on the EMA200 Line with upward impulsive movement, indicating a continuation of the bullish trend. Additionally, it has formed a bullish chart pattern known as a falling wedge pattern. In March 2024, it broke out of the falling wedge pattern with a...
Amazon (AMZN) has broken and closed below its 1D MA50 (blue trend-line) for the first time in 6 months (since October 27 2023). Last time this happened, the stock had already begun the 2nd Bearish Leg (-18.83% decline) of the 2-year Channel Up. As a result, there's a real possibility for the stock to reach as low as the 0.382 Fiboancci retracement level and the...
JYOTI STRUCTURE - UPTREND Trade Reason : 1) Take Weekly support 2)Trend reversal Day 3)Fib 0.618 Golden ratio Entry - 24.15 Target - 29.65 Stoploss - 18.45 Thank you ..
MPHASIS - Looking like a good LONG entry from here. Once the Risological Karma goes green, it is an entry point. Good short term gains on this trade, will update you how it goes.
NYSE:TRNO #TERRENO for the 4th time is testing a 7 years old broken wedge , marks an oversold zone and an accumulation level. Mizuho Securities Adjusts Price Target on Terreno Realty to $62 From $52, Maintains Neutral Rating. 40$ marks a significant key level demand for any upcoming fall. #AHMEDMESBAH
Apple (AAPL) completed yesterday 3 straight green 1D candles, the longest such bullish streak in 3 months (since January 25). The rebound has been initiated inside the Lower Highs Zone that started after Apple's former All Time High (ATH) on January 04 2022. The are a lot of recurring patterns involved as well, with one being that the current Channel Down that...
Home Depot (HD) gave us last time (October 09 2023, see chart below) an excellent buy opportunity that quickly hit our 326.50 Target: The Bullish momentum was so strong that it broke above the Triangle pattern and gave way to the emergence of a Channel Up. The recent 30 day correction since the March 21 High, can be technically seen as the new Bearish Leg of...
hello guys... based on my previous analysis of #tesla: the main trend in the daily time frame is bearish so far! I believe the trendline of the pattern will be breakout after retesting the S&D! meanwhile, the price made a head and shoulders pattern and broke it out! so in a shorter time frame the price will fill the gap to touch the target of the pattern,...
Kokuyo Camiln were a single product company when started. Today company have achieved have over 2000 innovative products. Which is why Camel and Camlin are the most recognized stationery and art brand in India. Kokuyo Camlin Ltd. engages in the manufacture and market of stationery and education related products. Its stationery product portfolio includes art...
Gufic Biosciences Ltd. company was founded on July 23, 1984 and is headquartered in Mumbai, India is engaged in the manufacture of pharmaceuticals, medicinal chemicals and botanical products. It operates through the following geographical segments: India, Africa, Asia, Europe, North America, Australia and South America. The Negative aspects of the company are...
We are neutral on S&P futures after the recent drop. It is too early in the week to determine a high probability bias. We have taken out fridays high today (5058), and we might see further retracment to the upside. We are not considering a short bias on the daily chart, unless ESM2024 daily candle body closes below 4984. Until we get more insight troughout the...
NASDAQ:TSLA #TESLA Is currently testing a significant 4 years old wedge for the 3rd time. The stock has lost more than 60% in the last 10 months. Inflation and Tesla's layoffs are the obvious drivers for the recent fall. Below current level, is a free fall to a hard to anticipate zones. Keep it simple. #AHMEDMESBAH
APOLLO TYRE - Upmove Expect Trade Reason : 1) Market Uptrend and Correction 0.50 Level 2) Trend reversal Confirm 3) Take position at trade ... Entry - 485 Rs Target - 540 Rs Stoploss - 435 Rs Thank you ...
NASDAQ:AMD #AMD A 6 weeks free fall of about 82$ creates a significant and an attractive opportunity. The stock price is testing a 2 years upper broken wedge "gray" and a weekly demand zone dates back to December 2023.
NASDAQ:AMBA #Ambarella is currently testing a significant level. The lower wedge of a 10 years old extended channel . This is the 6th time the band is being tested. Even though testing a wedge several times weakens it. However, below it is almost a technical free fall zone to the 11: 12$ mark. Keep it simple. #AHMEDMESBAH
NASDAQ:AAPL #AAPL #APPLE 1. Consolidation zone of a high significance. 2. Range: 156-1$ : 165+1$ 3. A typical accumulation level where lower and upper previous channel wedges meet. Keep it simple. #AHMEDMESBAH