PYPL net buying has been continuously active this past few days. Position takers are back after the stock touch a major order block support at 60 levels -- and touching 1.0 FIB levels. Initial target is at 75.0. The current price is already at a very discounted levels factoring in last quarter's (June 2023) rosy earnings report with revenues up by 7% at $7B,...
On the daily chart, TAP was on a good trend up heading into earnings which were favorable. It is consolidated since just after earnings in a " high tight bull flag pattern" Volume has been healthy with many buyers and seller trading shares in a tight range channel. The stochastic RSI is now at about 20% indicating TAP is in the oversold / undervalued area. The...
NASDAQ:CGC (Canopy Growth Corp) CGC is lowkey trying to cook something based on the recent price action this past 6 weeks. Net positive volume / accumulation has almost doubled this past few days, from 35M to 61m and continuing to rise. Last QTR earnings (August 9, 2023) has aided the significant price recovery - propelling earnings to green territory to 60.3%...
22-April-2024 | Live Market Analysis Veracyte Inc Short Term NASDAQ: #VCYT Disclaimer: This analysis is for educational purposes only and should not be considered as trading advice or recommendations. Always conduct your own research before making any investment decisions.
As the close of April 22, 2024, NASDAQ:MSFT had the first reaction at the support area, the white line as shown on the chart, which started to form since January, 2024. The close provides an early entry opportunity to see if the support can hold. We can put the stop loss 2% below the low of the April 22 session. Another risk we need to pay attention to is...
At the close of April 30, 2024, with an ugly price action, NASDAQ:MSFT started to enter an area between 30-week MA (orange) and 52-week MA (purple) as shown in its weekly chart below Which is equivalent to an area between 150-day MA (orange) and 200-day MA (purple) on its daily chart. This area was also a consolidation zone between Nov 13, 2023 and Jan 8,...
NYSE:NIO Has been on downtrend Descending channel for last 3 years and seems like its getting close to potential break out on Monthly TF! Upon successful break out expecting 300% gains in near future #NIO
If you find this information inspiring/helpful, please consider a boost and follow! Looks like wave 3 price action. The news is early so we shall see if the PA holds up. looking for the sharp move up to give a bit of a pull back. I would look to play the wave 4 of the wave 3 at this point, it depends, but that is my conservative variety. I can use the smaller...
Looking for a violent move lower. Aim: $2.00 and then $1.50. Market capitalization approximately $300MM.
Divergence within Divergence. Weekly and Daily Bearish Divergence. Forming a rising wedge on the 4H chart, more divergence. It won’t be long now.
Nice short squeeze candidate, it may have even begun! I know nothing about this company, hell I don't need too I just chart and use finintel and keep it simple stupid (KISS) and keep it moving in and out like a ninja! GLTA
OGI got an upgrade from hold to buy and with it a target of 5.25 or more than double current valuation. The ballot iniative in Florida and legalization in Gremany are recent news. VP Harris seeks to make legalization an lection issue this fall while pushing for a DEA reboot on the whole cleassification of MJ. Prospects for growth seem more clear for OGI . I...
Chart says it all. Multi decade parallel channel top has been reached. Now markets are sharply pulling back. Watch for break of long term uptrend red line and ideally short on retest of the red line. Possible HS pattern could play out too, back to 300$ in upcoming months
Market Overview: As of the last trading session, Transocean Ltd's stock (NYSE: RIG) experienced a significant decline, closing at $5.22, which marked a 10.31% drop. This analysis aims to provide an in-depth examination of RIG's current technical posture, utilizing a variety of technical indicators and chart patterns observed over recent trading periods. Technical...
NASDAQ:AAPL incoming earnings next week. support breaking down MA100 crossing below MA200. However, the last time this happened, price went up after the MA cross. will watch what happens.
NASDAQ:PYPL currently breaking out to the upside from this channel. Everyone anticipating another earnings beat next week?
In a whirlwind of earnings reports, Amazon.com ( NASDAQ:AMZN ) managed to dazzle investors with a stellar performance in the first quarter, even as concerns linger over its cloud-computing growth trajectory. The e-commerce giant reported a 13% surge in first-quarter sales, reaching $143.3 billion, surpassing Wall Street's expectations. Bolstered by strong demand...