long term buyers love this area where they keep to DCA (dollar cost average) as we can see this huge influx in vol i will look to long to take it back to top of range with profit taking levels at 104 and 113.99
if critical support provides meaningful buy volume and we close the week near the highs then semiconductors, and the broader market could exhibit a bounce here towards lower 36s. if we see another wave of selling down at these levels were probably blowing through that support on the weekly trending toward upper 16s taking the market with it as semiconductors are a...
Get ready for support to be found over the next week or two as the fear of risks seems to be subsiding. Yes, the Fed is threatening more rate hikes, but the markets have already revalued substantially over the past few weeks given the broad global market collapse and the -25% collapse in the NASDAQ. Traders need to start thinking about "what comes next"? My...
Tesla is under major dynamic and horizontal resistances which lead us to believe that more downside is coming. Be cautious! - HH
Microsoft is under a lot of pressure right now and it looks like the bears are more likely to take control. Next possible downside could be 10% down from here. Buckle up! - HH
Another down week in the NASDAQ, as expected. PReviousl expectations were generall in line, although how things panned out were more volatile... bearish for NASDAQ IMHO. The weekly chart looks even worse now than previously, and it is not about breaking below 13K conclusively. It did a swooping technical rebound, only to be a dead cat bounce, where the next...
A deep correction from here could allow us to reset before making a true generational market top. I will elaborate more in attached posts, but just a possible idea for price path from a 3-5 year perspective.
aapl at inflection point of support/resistance on the chart after creating a weekly higher low will it confirm old resistance as support and bounce or breakdown and make new lows so i am looking for it to hold the 50 ema on the weekly for any possibility for upside if we break that and are trendline support drawn on the chart i will have downside pts at 145 and...
BAD NEWS here... for many, not all. The NASDAQ followed through with the heavy downside momentum, and broke below 13,000! Worse, it closed the week below the 13,000 (and the 12,900 intraday buffer set out earlier). The weekly chart show nice long candles that end the weeks very close to the low or at the low, showing the continued downside momentum that is not...
Everytime the 20EMA crossover the 55EMA it moves parabolic to the upside then retests support. The 20EMA is about cross over the 55EMA again.
“Surveillance capitalism unilaterally claims human experience as free raw material for translation into behavioral data.” In an era where Cathie Wood launched a fund about business and financial surveillance the counter narrative will be in support of freedom and privacy. Zcash vs. ARK which will win?
As you can see this Pitchfork shows just how strong of a Bullish Trend the Technology Sector has been in for the last 20 years. Price finally reached a point of Peak. Now, this doesn't mean the top is in but rather shows just where we are in the cycle. Price isn't at life-changing levels anymore , at least based on the previous 20-year trend . In fact,...
The NASDAQ bounced off the first support and sliced through the second support level. Quite different from was expected, but in any case, this reveals a strong downward momentum towards the 13K support that must not be broken. To define this... should not close below 13K, but possible to have an intraday spike down to 12900 like previously. The thing here is...
My trade idea which is awaiting confirmation Confirmation would be a breakout and retest of the falling wedge in play in regards to the RSI failing to put in new lows.
Hello receive a cordial greeting. You have at your disposal a technical analysis of the Nasdaq100 the analysis is short-term in a period of 15 MINUTES. I hope it helps you, sincerely L.E.D. In Spain on 04/19/2022
NYSE:SNAP is presenting an adequate sell level with a great potential . All Requests Suggestions and Remarks are Welcome Fervently brought to you by ManhattanStocks
INTEL is presenting an opportune level to sell with the least risk and the most potential reward. All Requests Suggestions and Remarks are Welcome . Fervently brought to you by ManhattanStocks
HAPPY EASTER! But Oops... as mentioned previously, first support not likely to hold. the 4H chart shows the clear and present breakdown. Some markets are closed today (Easter Monday), and the news over Easter weekend is fanning the flames of this breakdown. So should be panning out as expected Brace brace brace!