AhmedMesbah

AhmedMesbah

$NG1 PEPPERSTONE:NATGAS #NaturalGas is now testing a 33 years old wedge for a bit more than 12 times. Any close below 1.50 causes a free fall, however, there is a descending lower channel wedge extending since 2009 around 1$.

AhmedMesbah

NASDAQ:OKTA #OKTA is currently testing a significant level where a couple of broken wedges are being tested. For this one, I may reinforce the analysis later on with some more insights early next week. #AHMEDMESBAH

AhmedMesbah

NYSE:TRNO #TERRENO for the 4th time is testing a 7 years old broken wedge , marks an oversold zone and an accumulation level. Mizuho Securities Adjusts Price Target on Terreno Realty to $62 From $52, Maintains Neutral Rating. 40$ marks a significant key level demand for any upcoming fall. #AHMEDMESBAH

AhmedMesbah

NASDAQ:TSLA #TESLA Is currently testing a significant 4 years old wedge for the 3rd time. The stock has lost more than 60% in the last 10 months. Inflation and Tesla's layoffs are the obvious drivers for the recent fall. Below current level, is a free fall to a hard to anticipate zones. Keep it simple. #AHMEDMESBAH

AhmedMesbah

NASDAQ:AMD #AMD A 6 weeks free fall of about 82$ creates a significant and an attractive opportunity. The stock price is testing a 2 years upper broken wedge "gray" and a weekly demand zone dates back to December 2023.

AhmedMesbah

NASDAQ:AMBA #Ambarella is currently testing a significant level. The lower wedge of a 10 years old extended channel . This is the 6th time the band is being tested. Even though testing a wedge several times weakens it. However, below it is almost a technical free fall zone to the 11: 12$ mark. Keep it simple. #AHMEDMESBAH

AhmedMesbah

NASDAQ:AAPL #AAPL #APPLE 1. Consolidation zone of a high significance. 2. Range: 156-1$ : 165+1$ 3. A typical accumulation level where lower and upper previous channel wedges meet. Keep it simple. #AHMEDMESBAH

AhmedMesbah

Summary #SPX is approaching a key level where it may make a decision to bounce or break lower. A zone ranging between 4800 : 4920 "highlighted" will determine the upcoming short term trend.

AhmedMesbah

FX_IDC:AUDJPY Has broken a minor ascending channel formed since the corona dip in 2020. The significance of the breakout lies in a rejection occurred when tested an old channel extended since the 90s "1990 and 1995". Levels of significance: 92.500 "+/-" = Anticipated correction range. 80.500 "+/-" = Anticipated target over the mid-term. Follow for more similar...

AhmedMesbah

NASDAQ:AAPL Has just broke out of a consistent channel that was formed in September 22. Anticipating a target of +168 next few weeks #AHMEDMESBAH

AhmedMesbah

TVC:DXY Is currently testing a broken wedge where price is anticipated to bounce off. #AHMEDMESBAH

AhmedMesbah Updated 

BITFINEX:BTCUSD 12k is the next level to consider. #AHMEDMESBAH

AhmedMesbah Updated 

Anticipating BITFINEX:BTCUSD to dive deeper back to the 7k mark. Based on the significant wedge that been respected every time it consolidates around it. On 2k, 3k, 4k and the next is timed around 7k. #AHMEDMESBAH

AhmedMesbah Updated 

TVC:DXY Is soon meeting a confluence around 115. Anticipating weakness from that level. #AHMEDMESBAH

AhmedMesbah

ECONOMICS:USIRYY A 107 year old interesting US Inflation rate chart from 1914. Technically speaking, inflation has come to an interesting range. #USINFLATION #INFLATION #STOCKS #AHMEDMESBAH

AhmedMesbah

NASDAQ:NDX Is currently on crossroads as indicated. Price is testing the breakout wedge ranging 13920 : 13700. A close next week below 13700 is a continuation to target 12700. #Follow and like for more updates.. #AHMEDMESBAH

AhmedMesbah

The consumer price index climbed 7% in 2021, the largest 12-month gain since June 1982. The widely followed inflation gauge rose 0.5% from November, exceeding forecasts. However, it looks like US inflation might push higher to peak around 8% or a bit more over next couple of months. Question here, are we peaking, data in this chart suggests so. Forecasting 4%...

AhmedMesbah

Many believe that COINBASE:BTCUSD has completed forming a base around 33k : 36k. Despite charts give the impression of that fact, the bear market is yet pretty much in play and IMO we are heading downwards once again. I am anticipating 27k to be hit at some point during 2022 alongside equities "many think cryptos are correlated with" that could crackdown about...