It looks like #Advanced Micro Devices is forming cup w handle. $58.63 is the breakout resistance.
Citrix Systems formed double top. Needs more strength
#BioSigTechnologies hit the last high yesterday. The volume is above the average. RSI is moving up.
'SE' made a little less of a difference with the competitors. The next push will be near of fall season, based on apple talks about next device presentation.
Ciena is powering up. Hit the pivot resistance. RSI is below the trendline. Just need some volume to go up.
#SHOPIFY gained %41 last week and hit the pivot resistance. I would wait for a pull back on this week.
After a failed breakout, last week it got above the pivot resistance with high volume but rsi is still below the trendline.
Slack Technologies again hit the the pivot resistance and back. #RSI is weak to break out. It may pull back till 10SMA
What is CTXS? Citrix Systems ( ticker: CTXS) , Inc. provides workspace, networking, and professional services worldwide. The company offers workspace services, including Citrix Virtual Apps and Desktops; Citrix Content Collaboration, a cloud-based file sharing, and storage solution, which provides enterprise-class data services on various corporate and personal...
CyberArk is a smallcap security company offering Privileged Account Security ( e.g. financial services, energy, retail, healthcare). Cause of the Covid19-Crash the Cybersecurity section crushed down to -33% but we are seeing fast recovery in the Cyber Sector recording to the First Trust NASDAQ Cybersecurity ETF (Blue Line). I expect that Cyberark is going to have...
Coronavirus has benefited some technology stocks like Zoom Video , Netflix and Amazon.com . Another name on that list is streaming-video firm Roku . The stock gapped higher yesterday after seeing a 49 percent pop in first-quarter streaming hours. While the advertising side of its business took a hit from business shutdowns, usage keeps growing. There was a...
$NVIDIA is getting ready to break out. Forming cup w handle.
#AdvancedMicroDevices formed H&S bottom and broke the resistance out. The target is now $59.27
#Cieana performed great since Marc and hit the strong resistance last week. It is still in RSI down trendline and needs to break out.
My idea: so based on several factors and signals I looked into (not shown), I simplified into what I see happening. I know there is no strict correlation with AMD and SPX, however, it can be noted that as SPX grows, investors seem to be more "open" to drift away from value stocks into growth stocks to acquire quicker and higher profit. Every since the like of...
Double bottom is forming for #StoneCo if it holds above $28.22. #RSI is already above the resistance.
Zoom Video Communications has become a household name amid the coronavirus lockdown. It seems like everyone’s using it -- from coworkers to teachers and doctors. All the excitement pushed ZM near $165 in late March. It then ran out of energy and retraced all the way back down to $110 this week. The current zone is potentially interesting for two reasons. First,...