Netflix, Inc ( NASDAQ:NFLX ) Sector: Technology Services (Internet Software/Services) Market Capitalization: $103.870B Current Price: $233.57 Breakout price trigger: $236.60 Buy Zone (Top/Bottom Range): $232.30-$211.85 Price Target: $246.60-$250.60 (1st), $298.20-$304.00 (2nd) Estimated Duration to Target: 13-15d (1st), 54-57d (2nd) Contract of Interest: $NFLX...
The NASDAQ (like the SPY) did a spectacular turnaround week... Last week appeared so bearish with all indication pointing to the down draft to the last low, and this past week appears to have changed that trajectory. Here is why: The NASDAQ weekly chart closed the week the a bullish candle, one that is significant because it almost qualifies as a Bullish...
Have you ever seen anything that can attempt to predict price trends 30 to 60+ days in advance? Other than Japanese Candlesticks, and quite possibly Elliot Wave, I've never seen anything have the predictive qualities of my short-term & long-term Cycle Patterns. This is a Daily SPY chart highlighting the cycle patterns that aligned with certain days. As I'm...
Just a quick review on the week after Powell's Pow Wow speech that sent markets off a cliff... The weekly NASDAQ futures chart had a rather uncommon gap down that failed a close attempt. The week closed down near the lows as well. MACD turned down and is about to cross under the MACD Signal, and well as into the bear territory. All these happening after a failure...
facebook is one of those companies that is pretty well here to stay. i could see this over $600 one day. once we get over TRAMA and sss, qqe go green i would have no problem averaging into this for a passive investment in tech. facebook will always think of new ways to squeeze more money out of their user data.
Tesla (TSLA) is trading within a Channel Down ever since the August 04 High, which following the rally since June 16, whose Higher Lows trend-line is intact, can be viewed as a technical Bull Flag formation. This pattern is common after strong rallies and Tesla's has been more than +50% within a 3 month span, with profit taking on the medium-term coming as a...
It's been only 1.5 month since our long-term buy call on Amazon (AMZN): The price rose aggressively after weeks of accumulation within the 1W MA200/300 and as we projected broke out hitting almost the first important long-term Resistance (1W MA50). On August 16 the price was rejected exactly on the 1D MA200 (orange trend-line), which was the point of...
Based on my calculations, the most distant point at the predictory period shown by the blue line is an ideal time to begin dollar cost averaging into AAPL stock; Based on Fibonacci calculations (with 10 week constraints ), a strong bullish sign is evident within the coming weeks. Now's the time to buy the dip. Apple Inc. (AAPL) is currently in a primary dip...
Last words from the last analysis were: " be cautious as volatility will spike! " And Powelll delivered a strong stance which blew volatility to a monthly high, up 17% for the VIX. The weekly NASDAQ chart completed the bearish candlestick pattern on a 55EMA failure, and sliced through the 13K support. This is totally not bullish for the next couple of...
A good buddy gave some heads up about MARA, and we had a short discussion about MARA. He mentioned that MARA and Crypto had some relationship and I was a little skeptical that MARA would be close enough in relation to crypto, and also wondered if there was any relationship, what might it be. So, from purely a technical perspective, I pulled up MARA and overlaid...
AAPL is pulling back today, and so setting up AAPD for a swing long. As can be seen on the 15 minute chart, AAPD had a pullback for consolidation and is now showing some green candles. The Williams alligator is showing divergence on the short time frame moving averages. The RSI indicator topped out pulled back and is now in uptrend showing bullish...
the long term picture for amazon.com, and really the whole dotcom sector has looked bleak until recently. i would wait to cross above this pivot and trama to turn up before i thought we could continue recovering in technology. id aim for upper horizontals as we cross above levels and lower horizontals as we cross below.
this ramge will continue to tighten, and we will likely get a bear break. above pivot target upper horizontals below pivot aim for lower horizontals. semiconductors have been a major focal point of this bear market, and they will be a big recovery story when we exit it.
The NASDAQ over-extended its upside target and the later part of last week stalled and started to retrace. Nothing exciting here as it was expected for weeks. lol So the NASDAQ Futures Weekly chart how a (breakout) failure of the 55EMA, and somewhat of a bearish reversal top candlestick pattern in the likes of a Dark Cloud Cover of sorts, or two-thirds of a Three...
looking for apple to retest trend line and move to D leg of the bullish cypher
The technical figure Channel Down can be found in the daily chart in the US company Cisco Systems, Inc. (CSCO). Cisco Systems, Inc., commonly known as Cisco, is an American-based multinational technology conglomerate corporation. Integral to the growth of Silicon Valley, Cisco develops, manufactures, and sells networking hardware, software, telecommunications...
After hitting dramatic lows in June that saw the ^IXIC (Nasdaq Comp. Index) down >30% YTD, Nasdaq and the tech sector as a whole has witnessed a bullish rally over the past month. Despite some of the tech giants missing the mark on Q2 earnings, Nasdaq has enjoyed robust capital inflows in the past month as investor sentiment begins to improve. The passage of the...
Zscaler Inc ( NASDAQ:ZS ) Sector: Technology Services (Packaged Software) Market Capitalization: $23.182B Current Price: $180.41 Breakout Price: $186.75 Buy Zone (Top/Bottom Range): $169.90-$144.00 Price Target: $218.00-$224.00 (1st) Estimated Duration to Target: 54-57d Contract of Interest: $ZS 10/21/22 180c Trade price as of publish date: $21.25/contract