The tech world was rocked as Meta Platforms Inc. (NASDAQ: NASDAQ:META ) saw its shares nosedive by as much as 15% in premarket trading, sending shockwaves through US futures markets. The precipitous drop came from lackluster revenue guidance and concerns over CEO Mark Zuckerberg's ambitious AI spending plans. Investors expressed skepticism over Zuckerberg's...
Strong Support: PLUG presents a buying opportunity. We've identified a strong support zone, ranging from $2.85 to $3, where the price has consistently been rejected, indicating robust support in this range. Additionally, there's a trending line that has proven to be a significant support point, often leading to a price surge when it's reached. Also, the RSI on...
After a nice move up amazon came to the resistance line. Where can we see support here?
In 2020, PLUG Power showcased a notable pattern formation—a symmetrical triangle accompanied by a diamond bullish shape. This setup culminated in a remarkable price surge post-breakout. Fast forward to now, and we're witnessing a similar scenario unfold Key Observations : RSI Dynamics : The RSI is currently sculpting a falling wedge, indicating a potential...
Here we are looking at NASDAQ:GOOG for long term market direction We can see on the large time frame we are developing a double top scenario within a rising wedge. With the higher time frames coming into focus as the dominant chart, we are likely to see Google fall over the coming weeks to close gaps at or very near to 143 and again at 112. If you inspect...
NOW made big moves upside months ago. But now we are seeing that is it losing strenght to keep going up. After a break down it tested the resistance and it seems that it will keep going lower.
Week candle about to close very strong and AMC has bounced hard from the long term 1:0.618 Golden Window taken from the shakeout top of this enormous crash. A 1:0.618 is most common 3 wave ratio in this type of flash crash where the 3 wave is of course; weaker. Also there is some bullish RSI divergence. So good chance this is a significant low here If it makes...
MSFT is at major support of a lower trendline inside of a huge bearish rising wedge. If the price breaks below the trendline game will be over for MSFT. Strong bearish divergences on RSI and MACD indicate a break will occur any time soon.
Last week’s projection was short throughout the week and boyyy did we get shorts! Monday got the ball rolling with a bearish decline of -1.67% with all further retracements not fulfilling the open of Monday’s trading, insinuating that the bulls are loosing strength. To confirm this bias, we can clearly see on Friday that smart money tried to sweep buystops and...
The stock is completing wave v of (c) of a higher degree C. I'm anticipating price to drop further to fill the gap that was created in the $700 range. Here, we'll be preparing to buy.
Nice to meet you. SEOVERIGN - This is SeoVerign. ElliotT wave perspective predicts Microsoft will end its long climb and crash. At the peak PEAK, we formed the harmonics (CRAB PATTERN) and started the decline. If this prediction is correct, I will solve it step by step and explain it to you. Let's keep an eye on it. Investment volume, risk management, and...
if Sustain above 2339.1 to 2341.6 then 2346.2 then 2350.9 to 2357.7 strong level then 2362.4 to 2369.2 above this bullish if Sustain Below 2328.1 then 2324.1 to 2323.2 then 2316.4 below this bearish then around 2300.2 Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer - I am not a SEBI...
In the fast-paced world of stock trading, few names evoke the kind of sizzle that Chipotle Mexican Grill (NYSE: NYSE:CMG ) does. With its recent first-quarter earnings report exceeding expectations, NYSE:CMG stock is once again on investors' radar for all the right reasons. Chipotle ( NYSE:CMG ) reported 27% surge in earnings to $13.37 per share, easily...
The company was going to beat and just did, all upside from here. Newmont is on the SP500 index and big ETFs. VOO, VTI, SPY, VO, IVV, RSP, IWO, and obviously GDX. When the call options start coming in, this company will see a big upside with the gamma on the holdings. As the market cap increases, all of the above-held ETFs will reweight to hold more when the MMs...
As I look at the price action of this stock, and the chart in particular, I currently see two things in April 2024; one is double top over 4-5 sessions, which could cause an imminent drop to mid 700s and beyond, the second is the lunge to 758 a very key area of resistance that was support which could push this to the next leg. As earnings approach, this could...
The ARK Innovation ETF has chopped in a range for the last two years, and some traders may expect a push back to longer-term lows. The first pattern on today’s chart is the rounded top in February and March. It was slightly below the peak of December 2023. The lower monthly high may suggest bears remain in control over the longer term. A sharp drop in early...
AMEX:SPY getting spicy here, looks like a triple top for now headed into a lot of world news, ie Iran/Israel/Biden ... I think we've been overdue for a correction, this is a VERY solid base to start a downtrend and fill some gaps before heading back up for Trump Presidency... Buy the rumor stuff... No positions, will look for continuation tomorrow... - Prof