FCPO SPREAD Contract May2024 vs July2024 is attempting breakout from previous swing high 141 Spread Bullish MA Lineup -> Trending Up Breaks and close above Turtle Resistant 138 -> Bullish Upward Momentum -> Bullish Support 124 Next target levels 165 179 203
Pure Storage jumped to a new record high on strong earnings last month. Now, after a few weeks of consolidation, some traders may expect further upside. The first pattern on today’s chart is the bullish gap on February 29. The data-storage company has remained completely above the gap, which may suggest there are few sellers. Second, prices held the rising...
META on the weekly chart is at the ATH which is as a consequence at the third upper VWAP line. The RSI indicator shows the faster line crossing under the slower line. The relative trend index has topped out. Both represent bearish divergence. META makes its money with advertising dollars for revenue. There are increasing challengers to split revenues that...
Momentum on both daily and weekly charts seem to be stabilising. We start off with the daily where we see PPM1 in trend mode up. Looking at the 10 SMA, it shows a continuous slope up as well. Price could hit the high fib targets above at 3.257 if the momentum boost in the algo for today plays out. PPM2 is also looking to spike up today at the open meaning the...
JETS on the reliable daily chart is in trend up since last fall which followed a trend down during the spring and summer. Travel stocks are booming here and there including TCOM (Trips.com) in China. The airlines have high volumes and are competing on price and perks. So are the cruise lines. This ETF is a way to capture some profit from the trends. If has...
RCL took a bit of time to recover from COVID but has now done well. The dialy chart reflects this. Last year price rose in the winder and spring then fell when the summer ended and reversed upside in November. Ir is now in a rising wedge and price is at the upper trendline. It is confluent with the second upper VWAP band line suggesting not much room upside...
Only for educational purposes. as u can see ZOMATO LTD is @ all tym high, so buy on dip advisable. u can buy if candle reverses from Demand zone or 20 EMA.(entry point btw 160 to 165). Then Targets will be 169,176 and 188. SL 155
🎉 Happy Nowruz! 🔍 Let's dive into analyzing SNX coin in the weekly timeframe. ⏳ Currently, on the weekly chart, we're witnessing the breakout of a 600-day range. The fate of this week's candle will become clear within the next 12 hours. 🎯 Should this candle maintain its current trajectory, it might be prudent to consider purchasing this coin for a mid-term...
AMEX:SPY March 24, 2024 15 Minutes. As expected 523 was done. Consider the rise from 511.13 to 524.01 and the rise from 515.08 to 524.01. AMEX:SPY has retraced 23.6% of the latter. Holding 515-517 levels uptrend to continue. Monday and Tuesday I expect a consolidation in the levels 517.5-524 levels so the moving averages can catch up.
BBAI fell on an earnings miss on Thursday, March 7th. The downtrend of 30% was a slow flush. Penny stocks are volatile, to begin with; this one is in the hottest of subsectors. Price is in the hard oversold area just below the first lower VWAP line on this 15-minute chart which is acting as resistance. the RSI lines are in the 30s-40s showing the price...
Last week, the price of WTI oil settled considerably off its best levels, consequently delivering a Japanese shooting star candlestick formation on the weekly chart (bearish). Despite bottoming in late 2023 and printing a series of higher highs and higher lows on the daily timeframe, daily technical resistance also made a show last week. The daily timeframe...
Looking at the price action of BITCOIN, we can clearly see the finding some difficulties breaking the 61.5k support levels. Also if we look closely to the price action, we can see that Bitcoin is forming a bullish triangular pattern which us a clear sentiment for a price continuation to the upside. Nevertheless, we can the price of Bitcoin retracing around the...
KOLD on the 15 minute chart shows a prior uptrend followed by a large falling wedge pattern from which in broke out then to form another smaller falling wedge. Anchored VWAP bands are added showing price is now just above the support of the mean VWAP line also confluent with the Fibonacci retracement of the uptrend of the first 20 days of February. The RSI...
Looking at the chart on 4hr time frame we see a good opportunity for a long entry at roughly $61,000. Reasons -Prior support at same levels (yellow line/arrow) -Key moving average support level (200 MA) -$60k potential wick area for bottom of the daily Bollinger Bands Entry method -Ladder entry -Front run the 200 MA at $61,800 -Right at 200 MA -Below catch wicks...
Best Buy has moved sideways since December, but some traders may expect a breakout soon. The first pattern on today’s chart is the pair of falling trendlines. One ran along the highs of July and December, which BBY crossed in late February. A second along the March highs was broken this week. That may suggest downward pressure is fading in the retailer. Second,...
FUFU went public visa a SAPC ; It is a crypotminer from Singapore. Market cap is SEED_TVCODER77_ETHBTCDATA:1B and the price to sales is 4. On the 30 minute chart with a set of anchored VWAP lines and a predictive algo based on Gaussian regression lines by LuxAlgo., price is seen first in a VWAP breakout into above the third upper VWAP lines peaking on ...
It has been a few years (Aug 2021) since the PayPal weekly chart's MACD signal line is crossing up the zero line this week. We will observe if it recovers from the significant decline since it hit its high a few years ago.
Crude oil has been grinding higher since the December low, but after a 4-week period of choppy trade momentum has turned higher. Whilst $80 has been a tough level to crack in recent week, we suspect a breakout is now on the cards - 200-day MA has provided dynamic support - Falling wedge into 200-day MA - Bullish range expansion out of the falling wedge - RSI...