Seagate Technology has spent the last five months pulling back. But now it may be turning around.
The main pattern on today’s chart is the descending trendline that started in May and ran along the peaks of August and September. Notice how STX closed above that line on Friday.
Next, the jump followed two weeks of consolidation along the 200-day simple moving...
Pattern: Channel Up on 1D.
Signal: Sell towards the 1D MA200 (orange trend-line) and reverse to a buy either upon contact (buy signal last time) or when the CCI hits its Buy Zone (confirmed 3 times since November 2020).
Target: the 0.618 Fibonacci level.
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HSI Tech reversal
$BABA showed weakness last week and again led to the complex reversal.
It seems the counter-trend rally may have come to an end.
$HSI also has a smaller degree Island Reversal as well. It should lead to some volatility here on.
Make tons of money by trading $QFIN a very strong fundamental finance tech company. It will make you over 20% in the next 2 months. Good trade before Expiration date!
Since the Subprime mortgage crisis, Amazon has been repeating a very distinct pattern. After every correction, it gets supported by either the 1W MA100 (green trend-line) or the 1W MA150 (red trend-line) and spends almost a year inside an accumulation zone. Once that's over, it targets the 2.0 Fibonacci extension from the bottom of the correction.
The chart is on...
Sales in increasing drastically in 4th quarter.
Forming the Bullish Scenario in form reverse head and shoulder pattern.
Historical Chart pattern is repeating
This is my research work based on the historical data, Not an financial Advice. Good Luck.
Do your own research as well...for better returns...Have faith god will bring the fortune...with patience...
Has Kuaishou bottom?
We observed Kuaishou has potential to reverse and formed a higher low with volume profile.
Any pull back and form a bullish candle can seen an entry and trade to the next resistance level.
VMware, Inc. is an American cloud computing and virtualization technology company headquartered in California. VMware was the first commercially successful company to virtualize the x86 architecture. Excellent bullish break of a head and shoulders on a monthly timeframe that can be used as an entry point on this asset.
Splunk Inc. is an American technology company based in San Francisco, California, that produces software for searching, monitoring, and analyzing machine-generated data via a Web-style interface.
Interesting situation on this asset, with a good price movement on the weekly basis. Scenario that opens the possibility to different operations with an excellent...
Quisitive $QUIS.V / $QUISF will report Q2 earnings on Aug 30th after the bell. This will be a company changing quarterly report IMO. For a detailed breakdown on what to expect for earnings you can follow my substack, I will be publishing an updated Q2 projection this weekend.
Price has failed to break lower on the last two selloffs. the 200 dma held and the stock...
The Nas100 is trading at the top of a corrective structure on the H1 time frame and is currently in wave 4. This means that there are two options on the table. In my opinion we are more likely to see option one play out but that is definitely not guaranteed.
Option one is that the price breaks the top of the structure and moves to the target area of 15280....
Since last year we've seen tech rallies for many tech counters such as UWC, Greatech, Inari, MI, Penta and etc and most of it have achieved more than 100% of ROI if you bought it in early of 2020. The share price have been soared to so high to reflect the current earnings and attractive future prospects in semiconductor industry. If you are still looking for...
Peak excitement on Friday - as retail traders pumped various markets with billions in cash. This was alongside institutional traders who had been bailing out.
Well, retail won a significant limb of this, from the bottom edge of what now looks like an ascending broadening wedge following a major bullish drive. Biden echoed the FED's mantra on transitory...
I drew the fib retracement starting from March 2020 lows and sure enough, it pinpointed a few key levels, the 786 fib line being one of them and CIDM is testing that as we speak. Depending on the volume and if this news event has some legs, CIDM could be one of the penny stocks to watch this week. A lot will likely come down to how it will close the day on...
