Over the past two weeks, NVDA has exhibited increased fluctuation within the boundaries of the current key levels: the resistance at $152.89 and the support at $126.34. Initially, the price seemed to favor our alternative scenario, but it managed to reverse just in time. Following a dip to $129, the stock rebounded swiftly. Our primary assumption remains that the...
Although a slight downward tendency has been observed in TTWO’s sideways phase, the stock has recently shown new motivation on the upside. While short-term pullbacks cannot be ruled out, we still expect the beige b-wave to extend into our beige Target Zone (coordinates: $241.59 – $257.87), where we anticipate a significant trend reversal. This outlook remains...
We assume that EA’s recent high at $169.82 marked the completion of a prominent wave in green. This top stands out because it represents a typical corrective pattern where a seemingly new uptrend is simulated. Unlike a standard B wave, an overshooting B wave can significantly exceed the prior peak – in EA’s case, the last major high of July 2018. We primarily...
At $241, Coinbase recently reached a new local low, after which the price surged an impressive 17% at its peak. Thus, we now consider the blue wave (iv) as complete and locate the stock in the blue wave (v), which should push to new all-time highs to complete the larger wave of the ongoing magenta upward impulse. However, this upward trajectory will be postponed...
So far, Fetch.ai has remained just above the upper edge of our blue Target Zone between $1.09 and $0.81. However, we primarily expect the coin to dive deeper into this price range to complete the blue correction wave (ii). On the other hand, if this intermediate correction has already been completed with the low on December 20, FET will bypass our Zone and rise...
As anticipated, AMD has realized strong sell-offs, breaking below the support at $121.82. We primarily expect the magenta wave (3) to conclude further south, followed by a corrective rise in the subsequent wave (4). Below $121.82, however, the stock should resume the magenta downward impulse and, thus, start wave (5).
The ADBE stock has continued its downward movement, heading directly toward the center of our beige Target Zone (coordinates: $449.61 – $331.93). With this range now reached, the minimum requirement for the ongoing correction has been met. However, our primary expectation remains that the price will engage more extensively within our Zone, as we anticipate the...
Cronos has dived into our beige Target Zone between $0.1322 and $0.0884 and should soon reach the projected low of the green wave . In our Zone, the coin should succeed in a bullish reversal, and the following impulsive wave should propel the price significantly above the resistance at $0.23. As CRO has fulfilled the minimum requirements for the wave ...
We place Tesla in a magenta upward impulse, imminently allowing wave more room on the downside. While the current extension suggests that this wave might already be complete, the necessary confirming signals are missing. Still, wave should primarily settle its low with a sufficient distance above the support at $271. A sell-off below this level, however, is...
PANW reached a new peak at $207.24 on December 16. Although the price briefly moved above the significant $200 threshold, it failed to gain traction at higher levels. Thus, we now consider the top of the beige wave B as established and position the stock in the third and final stage of the larger wave (II) correction. From the wave B peak, the stock has already...
Although ORCL is currently still trading above the $147.50 support level, we believe the green wave has reached its peak. This implies that the overall upward trend has concluded, and we anticipate a significant correction moving forward. This correction should unfold in five parts, with the beige wave I extending well below the $147.50 level. Afterward, we...
The EBAY stock has entered a consolidation phase below the resistance level at $67.79. This resistance currently serves as a trigger for our 33% likely alternative scenario, which would entail a new high of the beige wave alt. b. Primarily, however, we expect this level to remain unbroken as the price continues its current downward movement of the green wave ,...
In the opening hours of the new year, XRP made a solid effort to recover from the minor weakness of the past two weeks. While the price surged over 25% between December 30 and the following five days, we classify this brief rally as a temporary counter-move, which should shortly transition into the final sell-off of the corrective magenta wave (4). Once the wave...
Just shy of the lower edge of our Target Zone, BlackRock recently established its high at $1,082.45, completing the beige wave b. The Target Zone has since been deactivated. With this milestone reached, we now anticipate a prolonged decline as part of the beige wave c. This development aligns with the overarching correction of the blue wave (II), which began in...
On December 4, CRM peaked briefly, hitting a new record high at $378.16. Since then, the price has been unable to revisit this level, initiating a first downward impulse. Therefore, we now consider the prominent wave b top as established and are preparing for a significant sell-off, with extension targets below the $274 support. Thus, the still ongoing correction...
Cronos (CRO) has recently been steering a less volatile sideways course. We have identified a beige Target Zone between $0.13 and $0.08, which should catch the low of the ongoing wave in green, thus presenting an opportunity to open long positions. However, if the price directly breaches the resistance at $0.23, we will have to consider the green wave alt. as...
Since the light green wave 2’s low at $133.18, Solana has been working on wave 3, which should develop via a green five-wave substructure. Currently, the internal wave correction should still be in progress, as no significant upward impulses have emerged thus far. Accordingly, we anticipate further declines, but the price should transition into the subsequent...
On Friday, a strong surge propelled the S&P500 upward, so the index is beginning the new week at distinctly higher levels. Still, in our primary scenario, we anticipate a significant sell-off during the turquoise wave 2, which should drive the S&P down into our turquoise Target Zone between 5616 and 5368 points. In this range, the turquoise impulsive wave 3 should...