Tesla is on the course to form the sub-b wave of the Y-leg of the larger degree WXY wave. Volume shows steady increase in buying pressure.
The triple three corrective wave of NYSE:XOM is done and is likely seeing further upside. We are likely on a strong impulse wave
NASDAQ:AAPL may see a strong bounce today after a strong upside. Selling is kinda exhausted in the intraday basis
NYSE:SLB is heading for an early bullish signal after the price action shows an early stage of potential upside. First, Ichimoku's conversion and baseline are performing a crossover. Next the strong bullish rebound on 14th Dec marks the early interest of the bull.
NYSE:MRK is heading for a stronger upside after it broke out of the 6-month corrective downside channel. Furthermore, Ichimoku displayed a bullish signal. Near-term price target is at 111.96
NASDAQ:AAPL Apple Inc. is likely to see strong upside after formation of a falling wedge which potentially represent wave 4. Hence, would buy at US$171.03 or limit buy at 173.08. 1st TP will be 187.89 followed by 202.91
Descending triangle and the appearance of two high wave candle indicate that the bear might be exhausted. Hence, we are looking at a potential buy.
Bullish exhaustion is setting in after the last min bullish closure with weaker volume. spells a possible distributive stage
Double bottom and descending triangle saw a potential upside especially the intraday chart shows a strong closure yesterday
Yankuang has been on a consolidative range since its strong downside on October last year and currently, divergence from stochastic and falling wedge is seen. Harami is seen at the key support.
Bullish accumulation is seen after a cluster of candles are formed at the 2nd bottom support level. Furthermore, stochastic oscillator shows confirmation of a bullish oversold crossover
The stock is forming a bullish spinning top/ harami nearing the key demand level. There is a potential fake out should there be strong resistance at 194.50. Hecne, I would place my stops slightly further
Apple saw some strong upside after a cup and handle is seen forming and the recent candle closes above the 9-period Tenkan-Sen. The break above the pennant is the first sign of bullish trend.
Grab has a cup and handle formation and is likely to see a further break especially the bullish candle closes above 22-ema. Only caveat, 22-ema must be broken
UAL saw a strong bullish closure above the bearish gap and the 22-EMA. Strong uptrend with a pennant in place hi Ted further bullish continuation. It’s a buy for now
Ciena corp rebound at the bottom of the range after a break away gap is seeing some strong action after a morning star was seen closing above the BB
OXY, warren's darling has formed a bullish harami/dragonfly doji and is rebounding at the key demand zone. Hence, I would be heading for a buy at different levels. First target resistance will be at 66.33
The Hang Seng Index Futures declined this morning but the hourly chart shows some early bullish signal near the demand are. As such, we expect some rebound.