An interesting week went by, one with ups and downs and all around. The week ended with a long lower tail in the weekly candlestick. This we know, indicates bullishness. The daily chart shows how this came about, with a doji on Wednesday, and then a higher low retest followed by a nice uptick on Friday. These moves bounced off a support level, as well as clock in...
We have some Bullish Divergence on the RSI and a Potential Inverse Head and Shoulders forming at the PCZ of a Bullish ABCD on Microsoft.
$VSBGF recently took a dip, not only because of the broader "risk-off" environment and economic headwinds... recently announcing 16.7 million shares at a $0.30 offering with a warrant for additional purchase of common stock at $0.50 as well as private sale of 10 mil units for $3 million USD. Market response was bearish, on the surface this is seemingly bad as...
We have a Textbook Confirmed Piercing Line Visible on the Weekly on the Taiwan Semiconductor Manufacturing Company I was made aware of this a few days ago but opted to wait for the earnings report before taking action. We got a positive report so I am now taking action and my Bullish Target for TSMC will be around $100-$110 to fill the Gap Visible on the Daily Timeframe.
SPX500 declined in further projection on Yr-to-Yr basis due to investor's doubt on economic recession. My POV's on AAPL towards 70$ price depreciated. P/S: THIS IS NOT AN INVESTMENT ADVICE. PLEASE CONSULT ON YOUR OWN ANALYSIS.
- As you can see everyone, AGIX is sitting at: £0.03298 - 34 FIB extension has been hit on many crypto projects! - $19 - £15.98 - £15.98 DIVIDED BY £0.03298 = 481 - So basically for every £100 you invest you could make back £48,100 - For every £200 you invest you could make back £96,200 - NOT FINANCIAL ADVICE! - PLEASE DO YOUR OWN RESEARCH :)
Volume could be seen at 1yr high. Would will see a trend reversal before this quarter ends ? High likely as price could be seen supporting at the 50ema too.
Novavax NVAX is actually lining up pretty well... from about 240, it tanked to 40, and on Friday, it gained 11% to close the week at 57.15. This caught my attention as it cleanly broke out of trendlines, breaking out also from a bearish divergence, on BOTH the weekly and daily chart. IMHO, it appears to be in technical and fractal alignment. Weekly chart...
$NVDA Nvidia Tech Company has a similar chart to $MU and $AMD - $MU earnings revealed negative sentiment sending both $AMD & $NVDA downward on relation of fear that the chip market is slowing growth. Nvidia has not shown any technical signs of reversal on the lower timeframes yet. Above I've marked important levels on the weekly timeframe. With the slowing...
As outlined in the S&P500 weekly analysis. the technical bounce appears delayed. At the least, it looks like a higher low is being made, and would take another week or two before a higher high is achieved. In light of these, the projection and targets have been adjusted to the end of July.
Bursa Malaysia Technology Index - 7 months of retracement since November 2021. - At its Major Support for potential bottom without lower low price action. - Will the Tech stocks after 7 months of retracement go for a range bound recovery trade? - A bullish tech rally will only be seen once evidently proven the index rally past its midpoint for price action...
right now major indices and the nasdaq especially is banking on semis carrying a significant bounce out of the giant hole they have dug for themselves and us all. it follows that if we can hold 15.80s breaking 16.80s and continue with TRAMA staying over VWMA with both averages rising together that we should hae the go ahead to close the gap around 18.60s (strange...
Previously, with a hit on target, a technical bounce was expected, and the end of last week... it happened! The NASDAQ weekly is leading the charge with an overwhelming bullish candle for the week. MACD histograms are thinning out and weekly MACD are about to cross over. Using the simple arrows, projections bring the NASDAQ to 13,600 where it should meet the...
Comparing trading channels to key price levels in the NASDAQ. Price has already hit 30% pull back. Given inflation and rate increases the NASDAQ is going down more, at least to the bottom of the green channel and probably touch the top of the black channel at around 40% loss. We should see strong support in this area as it is both channel support and Feb 2020 top....
you can see the downtrend and attempt to break recent support
Can we hold demand and make a double bottom on ab=cd pcz (pattern completion zone) or do we lose it and continue the bear trend
you can see my past predictions tech and bitcoin are still tied together and you can see bitcoin has capitulated for a while but is due for its next drop
... and there is momentum indicating that there is more downside, extending beyond the last low. Weekly chart ended the week with a marubozu type candlestick where the close is at or near the low, suggesting downward momentum is strong. This is seen in the daily chart where the breakdown occured on Thursday and strongly pushed down to then Friday very near the...