This analysis is based on extreme assumptions about the world and is not an investment advice. If wrong I'll delete :)
We primarily assume that Apple shares will swing higher again in the short term with a countermovement and then extend the high of wave X in turquoise. It should then later enter our green Target Zone ($161.90 – $140.32) with the subsequent wave Z. If, however, the price chooses our alternative scenario (35%) our Zone will be targeted directly.
TAKE-TWO INTERACTIVE SOFTWARE NASDAQ:TTWO - Feb. 28th, 2024 BUY/LONG ZONE (GREEN): $153.00 - $168.45 DO NOT TRADE/DNT ZONE (WHITE): $143.65 - $153.00 SELL/SHORT ZONE (RED): $133.00 - $143.65 Weekly: Bearish Daily: Bearish 4H: Bearish Currently in a DNT zone as it would be unfair to automatically wait for price to drop and then say it's a bearish area;...
GOOG on the daily time frame showa a cup and handle pattern beginning at the November 21 high from the uptrend out of the Covid "crash" Price has printed the cup and returned to the same price level of about 150 ; A handle is forming now. The cup and handle pattern forecasts a bullish continuation from that price level to the extent of the height of the cup....
GOOG as shown on the daily chart has completed a cup and handle and has the momentum of moving up to its previous ATH set 2/1/24 and November '21. This could forecast bullish continuation to add $50-70 onto current price as so 30% onto the market cap. GOOG has been relatively stable in the current general market environment. Earnings are coming in three...
Bear 🐻 flag forming. Chances in favour of more breakdown. Downward price targets pointed out in descending order. If $840 is lost next 🎯 are $758 and $692
When evaluating the investment potential between United Airlines Holdings Inc. (UAL) and Southwest Airlines Co. (LUV), several critical factors come into play, guiding a strategic approach to buying UAL shares while considering the sale of LUV. Reasons to Consider Buying UAL: Attractive Valuation with Growth Potential: UAL's forward P/E of 3.74 presents a...
Long MNST off likely support by POC and AVWAP. Entry: $55.75 Risk options: SL under previous low $54.75: Risk = $1.00 ($55.75 - %54.75) SL under Low Volume Node (LVN) $53.45: Risk = $2.30 Tp at Value Area High $60.42 R:R ratio 1:4.7 or 1:2 ($1 / $4.67 or $2.30 / $4.67) Position Size: 'R' x Account_Size / Risk Where 'R' is the percent of your...
📊 Key Points: New Leadership: Ivan Siqueira appointed as president of Pilgrim’s Europe to enhance synergy and growth. E-commerce Growth: PPC experiences a 48% sales increase in 2022, with e-commerce now constituting 23% of revenue from branded products. Mexico Business: PPC's Mexico business shows improved results despite market challenges, benefiting from strong...
🌐 Market Overview: Industry Context: NYSE:SM Energy operates as an independent energy company, with its performance closely tied to oil prices and production. Current Environment: Geopolitical tensions have led to a surge in oil prices, with Brent crude surpassing $89 a barrel, potentially benefiting companies like SM. 💼 Company Strategy: Capital Spending: SM...
LLY is looking really good here on the daily chart. It's been consolidating just below ATH on declining volume. It's been respecting the 20 EMA nicely, and MACD is about to flip bullish. definitely one to watch for a breakout.
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Tesla's journey on the stock market has been nothing short of tumultuous in recent times, as the electric vehicle (EV) giant grapples with diverging narratives surrounding its futuristic promises and current market challenges. Elon Musk, Tesla's enigmatic CEO, once again sought to change the narrative by teasing the long-awaited robotaxi unveiling, scheduled for...
currently it is sitting at 0.86 and has a huge volume. Biting some, and see what happens. Way too early to predict, may be by the end of today, it might give an Alpha candle on the price.
This should be helpful for anyone looking to understand further what I define as an activation of an algorithm. This candle on the hourly is a beautiful example after my video this market where I said we want to see yellow "activated". It is basically proof that price is now respecting and following that algorithm/channel and this is so important to understand...
This is super interesting and we could be near a great level to get in for a longer term hold. Many confluences on this one so keep this one on the list! Happy Trading :)