Apple refuses to provide forward guidance off the back of weak iPhone sales, and, of course, all the uncertainty stemming from COVID-19. Yet, they order more iPhones, along with running a convincing PR campaign, to promote that fact, and pump the stock, of which, they are one of the largest buyers. Over the next 12 months, revenue is obviously going to disappoint...
I really like this ETF NASDAQ:CLOU and now is looking good. Is one of the leading tech industries due the higher demand for online solutions for everything, and I believe that is just getting started. It broke out of a symmetrical triangle with good buying volume and now is testing the 20 day MA with low selling volume, for me that's a good buy signal. All...
Quick analysis on INSG Inseego the hot tech company deploying 5G hotspots with major telcos like Verizon. Yes the stock has had a great run, but it's clearly got momentum and the fundamentals are strong. We are tracking an upward channel with a downward-facing wedge if you zoom in close. If the lines I drew are generally in the right spots, then we're seeing a...
Despite the sharp selloff today this is set up for a big move with the coiling price action in this symmetrical triangle. If the market recovers well, you could pick this up as a bounce play over 214.36. If things go south, can take puts under 209.69.
ABC movement was perfect fibo, so maybe we go down from here, latest trendline support was broken on 4hr, candle should close soon. I would take profit on winning positions and wait for the day/ tomorrow.
Amazon had been consolidating for a while now, bollinger bands are finally getting tight, meaning there will be a volatile move soon! Keep an eye out for the break out of this triangle pattern, a break above would take it to all time highs, a break below might head to 200 MA to retest and then go higher. Either way might not be a bad idea to add a little here,...
Price is under pressure here and could move fast up to 71.00 but is likely to make a bigger move over this level.
As 200 SMA is untested since March, the chart is set up nicely to retest ST.
Clear cut up trend dating back to November 24th, running into the yellow downward resistance trend. First confirmation would be trading above the yellow resistance trend, and bouncing up from the current support trend once again. Ill be watching above the 545.88 retest for a squeeze into resistance at 551.05 If we break up from there i would look for support on...
NFLX put in a triple bottom and price has bounced around in this same congestion zone of 566-510 but looks to have put in a base. Based on recent price action, 506.72 looks to be a trigger, although any move over 514.78 is likely to happen quick.
Looking at some old trend lines and support, this would be a Bullish scenario for our AAPL continuation into December. Volume is beginning to pick up with a few spikes visible on this chart in the last couple days. Facebooks tokenized digital money is approaching in January. Holiday sales are great for apple. Real strong trend line quickly leading back up to...
Looking at QCOM to test 153.20 again Following sold old support and resistance lines we've got a projection into my target. Solid double bounce on the lower trend line, projecting into the purple paralell channel. Likely resistance at the upper long term trend and the top of the paralell channel. Looking for a squeeze with volume at 153.20 or a reversal to a...
This is how im watching AMD as we retest 94.10 Weve found support on the 3rd trend line up there with support touched at 90.76 If we break to the downside of that trend id look for a bounce on the trend below it above about 87.57 Strong support along that bottom trendline, especially into areas where we find past resistance. Areas to watch on the downside...
Tightening price action, this looks to have some huge % days ahead to ATH and beyond.