Here is an short update from last ta for S&P 500
Sp500 is moving in range from 2600 to 2940.
SP500 bounced off three times of 61 Fib (2940 resistance). You can also call it "scratching the Fibo", if you want so.
Volume is going down slowly.
I think, its the most hated rally since long a time, if I take a look on low volume and the different views from analyst....
Here is an easy ta for WDI short.
Well, dont try to pinn me down when Im wrong but from a technical position Wirecard needs to be shorted. I say this, cause the IV is near by 94 % and as it is this stock acts like a bitch.
I want to justify you, why I think WDI is in down-trend:
The most importants support around 80 was broken and market closed below this...
Here is an easy ta for Apple short.
Currently, Apple is close to ath 328 $ from its up-trend.
RSI and Bollinger Bands shows overbought signals and volume decreases.
So, there should follow a healthy correction to 38 retracement and next support at 284.
Any comments are welcome :).
Good luck for you trading.
So here is an easy ta for Beyond Meat long.
After beginning up-trend from 80 and explosion earnings next step is around 170 mark.
There are three support zones:
48 ( biggest one from IPO and march low)
Meat supply became a big problem cause of stopping production, so vegan food trend represents an alternative for next month.
On the other side dont...
So, what can I say about TSLA as a stock that seems to resist even Musks words that the price is to high?
Next day sell off is finished and it gains and gains. So, usually every ta is sinceless you think so? Im on your side but Ill want to try it anyway.
In my opinion three things are now important to know from a technical view of life:
RSI shows an overbought...
Here is an easy ta from SPX 500 for next week.
Like my last report about SPX I want to show you support zones, resistances and price targets. Ill try to keep it short and simple.
Last weeks market was driven by tech earnings , Fed decision and reopening economy in US staates. That pushed SPX up to 29 resistance.
Now you can see profit taking and as well...
So here we have an easy ta from ENPH.
I want you to present one long and one short position, because I guess its very open in situations like do we have now in which direction a stock with high vola could go.
There are some gaps that want to be seen. In uptrend we have outbreaking gap, in corono downtrend we have that important measuring gap that needs to be...
Here is an easy ta from Microsoft long.
At first I want you take a look on gaps that going hand in hand mostly every earnings. In upward trend you can see outbreaking gap on 22. oct followed by exhausting gap on earnings 29. jan.
Then reversal island compared to corona falling shows trend reversal to a short-term downtrend. Strong support around 132 mark...
Here is an easy ta von from SPX.
The Fed pumped in money from heaven as you can see in uptrend from low 18 (support).
For a bullish scenario we have a price corridor between 2800 and 2730. If 2800 holds and Fed is pumping money in it could up through 2900/3000. Then air could be very thin there.
An important bullish support to watch is 2730/2720. Breaking...
Here is a little Idea go long Disney with some easy support lvls and resistence without any indicators.
I think it depends on next earnings how the fight between buyers and sellers (Marked) will go out.
Futhermore, the overallmarket with the fed and Corona will have an impact on momentum go up or down.
Dont forget to think about compititors like Apple or...