JNJ has saw strong bullish pressure at the bottom of the downside channel and it is likely to complete a larger degree (ABC) wave. As such, we are ver bullish on NYSE:JNJ Stochastic OScillator has completed an oversold crossover and longer-term MACD is close to complete an oversold crossover.
NYSE:MCD looking at a strong rebound as prices remain supported above 245.00. Bullish engulfing candle suggest that the buying pressure is strong and is likely to comeback.
NASDAQ:SBUX is looking at a mean-reversion to the upside and the stock is looking at a strong upside after stock showing a divergence with potential double bottom formation. 83.15 and 88.13 are our near-term target.
NEO:VISA is looking at a possible end of a terminal corrective wave and heading toward an upside move.
The formation of the larger falling wedge is pointing toward a potential reversal pattern ahead and though MACD is showing a downtrend, the price chart selling was rather weak hence, I would think that the upside is coming. Price action-wise, the bullish engulfing on Tuesday was followed through with higher prices on Wednesday itself before the market closed for...
NYSE:IBM is likely to complete the last leg of the ABC expanded flat formation or the UTAD of the distributive phase C. Slight strong buying is seen on Tuesday after rebounding off the demand zone at 166.11 and is likely to see strong upside. Hence, considering to buy at spot or 162 limit price. Target will be at 200.00
NASDAQ:CSCO is looking at a potential rebound after a strong rebound was seen at 44.94 support. Despite rejection at 47.64-48.50, the stock is still poised for further upside. Mid-term stochastic is likely to confirmed its oversold crossover. Volume spike recently and larger falling wedge is in place as a potential reversal to the upside. Buy spot at 47.29 or...
TWSE:3481 1. Innolux has been on a strong downtrend for 3 years but recent break out of the downtrend has halted the selling. Current mid to long-term trend remain rangebound. Short-term trend (2 months) is likely to see a comeback and continued upside as the stock has gapped up above the overhead resistance and the short-term range between 13.00-14.40. ...
NASDAQ:GILD had a strong bullish buying pressure at the bottom with the support of a volume spike. Furthermore, it has broken out of the downtrend line. Double bottom formation is confirmed and Mid-term stochastic is showing confirmation of oversold together with divergence. Hence, we will buy on market spot upon open or a retracement to 69.11 or 64.85.
KRX:329180 is looking at a strong bullish upside after today's bullish bar is strong to be filling up the gap. The stock also saw strong upside pressure looking to push further to the upside.
NYSE:PG has been on an uptrend for the past 1.5 years and although the larger trend may look distributive, the stock may gun for one more leg of upside as there is no strong selling pressure on 22 May when it corrected. In fact, after the 2nd selling at 168 resistance , the selling pressure became weaker and it forms a higher low, indicating strong buying...
Tesla is looking at a potential completion of the double three corrective wave and also, the potential inverted head and shoulder is forming. Given the strong bullish bar, we think Tesla is likely heading for a bullish reversal.
NASDAQ:LRCX is looking at one more leg of a downside 3-wave correction and test the lower support at 798.98 level. We believe that the formation of a 5-wave larger degree broadening wedge is underway and if it form successfully , the stock will stage a grand rebound to the upside in the long-term
NASDAQ:MNST Selling has been halted for Monster Beverages after bearish exhaustion was seen on 30th May. Thereafter, the stock saw a bullish divergence on the RSI, and volume has spiked. As such, we are entering buy at spot at 52.20 or waiting for a pullback to the 50.43 demand zone. Target could see beyond 60.00 in the midterm
NYSE:FDX is looking at a potential resumption of upside after strong buying pressure was seen at the 247.22 key support region—furthermore, the downside from 291.54 was a mere correction, we think it's likely to be a correction as no strong bearish pressure was seen. The bullish engulfing candle was seen on Monday with mid-term stochastic showing potential...
High volume trade on $NYSE:LVS. Initiaing a buy on LVS!
NASDAQ:BLNK : BLNK is looking at a potential end of the accumulative phase and may be starting to see a strong bullish run. Volume is supporting the breakout and all other indicators are pointing towards a bullish upside. Hence, would buy spot at 3.30 or lower support at 2.78
TWSE:2883 China Development Financial Holdings has completed the accumulation from 21 Oct 22 to 14 Mar 24, a sign of bullish recovery. Current price action saw a strong break out of the ascending triangle with strong volume and is likely to continue higher. Prices are also trending above all ichimoku indicator. Long-term MACD remain bullish. Hence, we are...