How are you all?
It's been a long long time since I have posted anything here.
I was busy with lots of stuff and it kept me off the markets for a while.
But now that I am back, I will try and post more here....
But this time it won't be just Indian equities, instead we will look into US and European markets as well.
Let me know what you think about this...
Neutral until broken with a trend in that direction.
The Williams Alligator indicator is a technical analysis tool that uses smoothed moving averages.
The indicator uses a smoothed average calculated with a simple moving average (SMA) to start.
It uses three moving averages, set at five, eight, and 13 periods. The three moving averages comprise the Jaw/blue,...
AVGO is trading inside a Triangle pattern on a bullish 1D time frame (RSI = 62.459, MACD = 29.570, ADX = 26.143) supported by a HL trendline since October 14th 2022. The way the Triangle breaks to will most likely reveal the next medium term direction.
Under it, we will sell and target the 1D MA100 (TP = 760.00) while over it, we will buy and target the 1.5...
In the world with semiconductors, there was no particular expanse anyway. And now, against the backdrop of heightened tensions between China and the United States over restrictions imposed by China today on foreign exports of raw materials such as gallium and germanium, chip prices will rise even more. This means it is necessary to buy shares of semiconductor...
Price consolidation near 52wkhigh about to breakout from a 1yr range
Consolidation from a run-up
Re-accumulation structure
Bear trap spotted marks the end of reaccumulation phase
Entry: Box/resistance breakout
Exit: measured target
BB50 KISS SETUP
Moving average (50) usually shows the mid term trend of a certain stock, when the price is above the MA50 we can say that the stock is in a mid term uptrend phase.
For swing trade strategies, MA50 can be used as a support and or entry for “buy on dip” or pullback entries after a breakout. Combining it with BB gives a better visualization given...
The PEAD projected a bullish outlook for NASDAQ:AVGO after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 88.24%.
Significantly overbought.
Has hit the top of the LuxAlgo
Other indicators appear to be cresting, increasing the likelihood of a trend reversal
Price targets $633, $592, and then maybe $565
Should begin to play out in the next week or two.
Will the most recent breakaway gap in NASDAQ:AVGO follow the trend of the next most recent small runaway gaps in its price trend? Gaps occur when the low price of the current day is higher than the high price of the previous day. The majority of gaps are filled over time, but a sudden gap fill usually indicates a trend reversal. A breakaway gap occurs at the...
Anyone missed the move, getting FOMO? These are my 2 cents on NASDAQ:AVGO , cup and handle for move to $925 or waiting for double top bounce and retrace back down.
The market specialists have begun closing their positions and selling to retail investors and traders (aka distribution). Without the specialists' support, the market will start falling as retail traders realise the stock won't climb any further and they start selling as well.
- NVDA potential 4h Head and shoulders 400 is key resistance zone
- AVGO slight beat red after earnings due to it running too much into earnings
- SPY rising wedge pattern breaking soon
- QQQ potentially confirming a daily bull flag if we break the high of Tuesday.
Broadcom (AVGO) Q2 earnings are today 6/1/23 at 4:15pm.
Broadcom (AVGO) reported Q1 January 2023 earnings of 10.33 per share on revenue of 8.9 billion. The consensus earnings estimate was 10.11 per share on revenue of 8.9 billion. Revenue grew 15.7% on a year-over-year basis. "Consolidated revenue grew 16% year-over-year to 8.9 billion and adjusted EBITDA margin...
- NVDA closed right at support very likely testing it again tomorrow morning.
- Nvidia does not have a lot of support in the gap zone so potentially more sell off if we do get into the zone.
- SPY rising wedge pattern is still in play.
- QQQ daily consolidation is still healthy havnt even pull back to 0.382 yet which potentially can still be a daily bull flag....
The chart posted is what I would call a repeat of the saying in april 2000 .We are in a NEW PARADINE .From a candle stick view most could be like the run up in Gme
