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NFLX is trading on a long term Channel Up on the 1W chart (log scale) since early 2013. Despite being overbought (RSI = 79.335, MACD = 45.450, ADX = 45.358, CCI = 303.3862) with the earning approaching, Netflix has still room to grow before the next selling wave within the Channel takes place. Both the LMACD and RSI are on levels where the price previously posted...
$ADI is just above the buy point of $124.39 12 months Consensus Price Target: $123 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
$PI is just below the buy point. It did a very good volume yesterday. RSI broke the trendline as well. Watch for a breakout of $29.95 12 months Consensus Price Target: $32.67 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
$PANW is breaking out the cup formation with high volume. 12 months Consensus Price Target: $257.66 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
$FEYE found support as 50SMA with high volume. It is a descent sign for a bullish trend. 12 months Consensus Price Target: $16.17 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
Watch for a breakout of $149.69. I would wait till pull back after the breakout to be in safe side. 12 months Consensus Price Target: $124.88 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
TWTR was rejected yesterday on the 37.00 Resistance which was the June 8th High. The 1D chart remains bullish (RSI = 63.007, MACD = 0.470, ADX = 33.487), the MACD made a bullish cross and the MA50 is about to cross over the MA200 (Golden Cross). This is a very bullish mix for Twitter and we encourage investors to buy either if the Resistance breaks, or on the next...
Mastercard is close to buying point of $310.43. Forming a double bottom, to confirm needs to get above the buy point. 12 months Consensus Price Target: $326.85 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
$TEAM is very close to break out. It is just below $191.72. Watch for a breakout with heavy volume to be long 12 months Consensus Price Target: $172 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
In February while the price was still $2,000 we issued a buy recommendation on AMZN to $2,800 - 3,200: In fact we were after the $3,000 target since December 2018 while Amazon was almost half of what it is trading at now: We are at the top of that Target Zone now and the 1W chart is once again showing exhaustion signals. It is not the overbought...
Entry Price : $59.64 Target Price 1 : $63.10 Target Price 2 : $64.90 Stop/loss Price: $56.65 12 months Consensus Price Target: $60 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
Tech is still driving markets, valuations and sentiments up. Little doubt about it. This is also the only pillar holding the market up, as other sectors lag behind in a straggling manner that almost appears unwilling. Technically, the daily chart is Bullish, as is the weekly chart. In fact, it is so bullish that one might expect a breakout of an ascending...
The chart depicts the percentage rise in value of Microsoft Shares vs. other major assets like Gold, Silver, Platinum, Palladium, Barrack Gold that are generally considered to be safe heavens. There is a reason why investors do not go all out into these safe heaven. The questions is this: Is it time to put your money into Microsoft and Tesla or should we wait...
$TSM clears the buy point of cup with handle. 12 months Consensus Price Target: $47.50 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
$MODN is breaking the buying point of cup w handle on weekly chart. 12 months Consensus Price Target: $33.29 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
We've now had a blowout earnings report from $MU, in which EPS beat by 11%, sales by 3%, and guidance by 24%(!). We also got guidance from XLNX yesterday that suggested its revenue will be about 5% higher than previously expected, above the high end of its previous range. This suggests that analysts are underestimating the sector's performance as we head into Q2...
All description on the chart. Please, don't forget to like and follow. Thank you.