NVDA heading lower? If it does here are some levels it might hit if it doesn't regain the 50 day quicky
100SMA will soon cross above the 200SMA. The trend has been lovely last week. GOOGL finally broke out. My biggest LT position, right after cash.
We are still above diagonal trendline. Although there was an overreaction after yesterday's earnings, AMD recovered fabulously. Also still holding above 100SMA. Company has the best female CEO ever.
VEEV looks good. Above 10,20,50 and 100 MA. 200SMA standing in the way around $234. Nice uptrend for now. Stock is strong.
Gap fill to the upside on NVDA, and some supply zones but I can see the stock reaching 100SMA around $200 perhaps even this summer.
V.F Corporation , Market cap: $19.44 Billion Price action near the 100MA + RSI dips below 40 + Stochastic Oversold = The best long term buying opportunities. Most impulse moves had retraced to the 0.382 Fib level, on 1 occasion the 0.618. Buys from the 0.382, which sits at around $40, would be excellent! Price tends to visit the 100MA on average, every 10...
MSFT has tested and bounced of the 100sma 9 times, since September 2020. In all of the 9 tests, RSI was in the 30s, but not oversold. It is currently at the same level. Besides the multiple tests of the 100sma, we have three tests of the bottom of the horizontal range (drawn with purple horizontal lines). We could potentially see a fill the gap situation...
When we see a moving average with an upward trend with higher highs and higher lows, the bull trend is confirmed. Every test of the moving average should be seen as a potential buying opportunity, especially when adding from a long-term perspective. We also see a test of September highs as support at the same level. Risk-reward-ratio is over 3 when targeting...
Technical Analysis Since the start of the year, eBay has trended up in a clear channel, where the support line is the 100sma. Since the test of the upper trend-line of the channel, eBay has retraced 10% and is sitting on the 100sma. Stochastic RSI has been helpful to signal retracement from one side of the channel to the other. When the SRSI is oversold (under...
SAND is on a parabolic run currently but I was thinking where could the bring be brought back down to if it begins to retrace. The 100 SMA and the prior all time high seems to be a possible support area. Let's see how long the parabolic run will last! What are your thoughts? Comment below and hit the like please. Thank you! Disclosure: This is just my opinion...
The chart speaks for itself. 100sma has been held and tested multiple times. RSI has not gone below 35 RSI. Giving it a little wiggle room makes sense to avoid getting stopped out. The ATR (average true range) is 2 points. So a stop below $127 could potentially provide enough room.
Looks like Matic is about to test the trend line for the 3rd time. Plus there are 100 and 200 SMA's waiting to act as dynamic supports which will make a high probability trade. Happy trading!
the red line is 100sma, still not enough history for 200 to be seen if this big trendline is broken and retested, could have a nice upside move in the mid-term if the market does well. SRSI is on the roof, and could see some pullback before going up... ideally would be if breakout and then cools off while retesting it... the first big test for QI would be that...
ABNB is bouncing off of the 10 EMA and 100 SMA nicely with long wicks (semi-highwave candle). Just had a double bottom after some ranging consolidation and breaking the upper trendline. ABNB appears ready to break higher. Watch out for resistance levels around 164 and 172. These would be great spots to consider setting up weekly collars if we get there. I will be...
Nice descending wedge forming on 1D chart of BA. The confirmation might be over the low smas (9,20) and obviously a break out over the wedge resistance line. I am bullish for the next week and see big potential for this sector. Nice support on the 100sma. Just an amazing play it would be 😋😍
Stopped at the 100-day moving average literally to the penny which should hold as strong support. The mustang mach E is going to do very well and require very little ad or marketing spend. And when they release the electric F150 it will go gangbusters. They had blow out first quarter earnings but are just trading down because of confusing guidance and bad price...
Tim's MA-X Strategy. This is a Moving Average Crossover or MA-X Trading Strategy setup. MA-X strategy consists of the 100 period simple moving average (SMA) in red, and the 20 period exponential moving average in blue. If the 20 ema is above the 100 sma then we only take buys or longs. If the 20 ema is below the 100 sma then we only take sells or shorts. *In this...