On April 17, 2024, NASDAQ:ASML broke down from its trendline, as shown on the chart, after its earnings release. Similar to NASDAQ:ARM , the breakdown occurred at the same time when it crossed below its 50-day moving average, which signified a sell signal for both stocks.
In a surprising turn of events, AMC Entertainment Holdings Inc. ( NYSE:AMC ) saw its stock surge by 8.46% on Wednesday early Market trading, marking its 2nd most significant single-day gain since February 6. This unexpected rally comes amidst a period of volatility for the movie theater chain, which has endured a series of record lows and a steep decline of 55.6%...
On April 17, 2024, NASDAQ:ARM broke down the support AND its MA-50 which is a sell signal. We can observe similar break-down pattern in $NASDAQ:ASML.
Stay clear when you observe these three clues! Peak volume + unwind = Check Peak momentum + unwind = Check Peak price + unwind = Check #mstr #microstrategy #btc #bitcoin
Hi guys. Always on the lookout for major changes/shifts or Macro signals. Yesterdays 40% increase in Krispy Cream Donuts, has me taking a look into this one. This analysis is on the 1 week. Note, the current candle is not yet confirmed. Weekly close is obviously on fridays. I have highlighted 2 zones. COnsolidation range and a Supply zone. We do need to pay...
I think the chart tells the story: NYSE:MOS is trading at the lowest price to book multiple (see lower pane) since the pandemic, which was also the low point over the past 20 years. In addition, there's a buy signal from a AB=CD pattern visible on the chart. The symmetric triangle short play has in fact reached its T1 target and may be played out. In addition,...
Abstract: We perform a comprehensive technical analysis of Merck & Co., Inc. (NYSE: MRK) by dissecting its latest price movements, chart patterns, and technical indicators. This analysis is aimed at shedding light on the potential future price trajectory for MRK, integrating both traditional technical analysis tools and advanced indicators to inform speculative...
The potential is there. May be just under 4 level target. Both volume and price action is there.
NYSE:DT , Long, TakeProfit > 20%, P/L = 5/1 We are waiting for a point to enter a long position The potential for a long position is more than 30 percent Good luck
ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are...
4.17.24 The video was on the long side but I showed you the details of how I would look at a trading opportunity for those two markets using the tools that I talk about. The idea is to find the best entry and to get in when the market's not likely to stop you out with a small stop. this is what it looks like for these two markets right now. If you trade you will...
Technical Momentum Strengthens Gold Futures hit an all-time high in 2024 at $2,448 on the June futures contract on April 12. Futures remain firmly above the rising 50-day Moving average at $2,184 and well above the 200-day Moving Average at $2,072. The technical perspective shows momentum studies accelerating, with the 9-day moving average gaining momentum above...
Technical Momentum Weakens Crude Oil futures have stalled after rising in 2024 after trading at the upper price band of $88/barrel and lower price band of $84/barrel. The technical perspective shows momentum studies correcting from overbought territories, with the 9-day moving average stalling above 18-day. DMI + is narrowing in on DMI -, indicating that the...
Had a decent chance for a long setup, but this move today is pushing the limits on bullish structure. Now there is a clear setup for lower if this level breaks. LOB
revisit to trend top will be $250 or greater. long term bull goes to + $300
Marathon Digital has recently got into the BTC Mining Game in 2020 - 2021. As you can see, the stock had a massive impact post halving surging over 200X.
Overall Trend: PFIZER, INC (PFE) Downtrend: The price being below the 50, 100, and 200-day moving averages since January 2023 suggests a downtrend. Price Movement: Consolidation: The current price of $25.69 near the 52-week low indicates a possible consolidation phase. Without a one-week chart, it's difficult to say for sure if the price is bouncing off...
Riot, a BTC mining company see's significant price surge post BTC halving