Amd is about to break out of its 3rd bullish flag pattern this year. AI theme likely to fuel the move in the semiconductor stock. $130 could present mild resistance, However as of October my cycles are suggesting tech stocks to rally like a flick of switch. Accumulate in September, sit back and get paid October -> December Enjoy
Semtech once a $6 billion company has been beat down to a current market cap of $1.48 billion losing roughly 80% of its market cap. Today is a significant day for this stock as I believe today could mark the bottom in Semtech as we are about to hear from the newly appointed CEO Paul Pickle in the earnings call after the market shut. Semtech were scheduled to...
AMD I expect to see a move higher to $140 in he coming weeks. We have closed the gap and now I see us finding support at the 50 day EMA which will lead to a reversal back to the swing highs and beyond. This is a AI bubble which has only just begun... many of you reading this may not agree with many valuations including AMD, however I would encourage you to ride...
Here is a chart which suggests the price of charles schwab is destined to go to $60 in the coming trading days
the nasdaq100 has bottomed for a second time. will we see a double bottom reaction here where the bulls step back in to take control? or will we see a series of fresh lows ?
Perfectly normal price movement seen here in XRP.its simply back testing the 0.50% FIB retracement which is a very bullish signal. we could go to 1.23 then see a big bounce and a move to 1.40.
the 0.5% fib zone has been broken for XRP, XRP has now broken out of the wedge it has been trading within for 10 months. this is big for XRP.
$XRP must break out within 13 days!!! as you can see from our chart, XRP has been trading within this wedge since January 2021 and in 13 days time it expires...... we favour a break out towards the top side to 1.40.
XRP head and shoulders pattern has now completed, we hit the pre rally levels and have bounced perfectly. this indicates a move back to 1.20.
It seems as if we have a head and shoulders pattern forming on the $XRP 1H & 4H chart. if we break the neckline @1.16 then we could see a further move lower to 1.08.
The RSI on the 1H & 4H time frame was overbought this morning trading at levels between 75/80. today we have seen a strong consolidation of $XRP, it has held the 1.20 level and whilst we consolidate the RSI is slowly recovering and is now at 60/50 level. it looks very likley that we will see a break out above 1.25 in the shorterm which will lead to a move to 1.40
$XRP TO 1.40 any day now, its pressing the upside of the wedge and if we trade above 1.25 we could go to 1.40 very quickly. a rejection here could see a move back to 1.13. nevertheless we are looking very bullish here
$XRP has 18 days and 22 hours left in this huge wedge which we have been trading in since may 2021. Once we break out of the wedge we will likley see a huge move. we expect this move to be to the upside with our first target @ 1.40 and then 1.65 and our final target of $2.
$XRP is testing the 50% fib level and last months swing high. A break above 1.25 will send this market to 1.40 and then 1.65. Very exciting times for all $XRP $RIPPLE holders. $XRP to the moon 🚀🚀🚀🚀
XRP is currently trading above 1.20 for the first time in nearly 2 months. $XRP is currently testing the 50% fib level and the top side of the wedge. if we see a move above 1.25, this could lead to a move to 1.40 in the upcoming days. very exciting times for $XRP holders. 🚀
Last night we posted that we expect XRP to breakout within the next 5 days... today we have had that minor break out to 1.20. and in the next couple of days we expect it to go to a lot higher.
XRP Head & Shoulders pattern has now finished..... time for a bounce ! we think so. a move back to 1.20 within the next 7 days is highly possible.
5 DAYS........ Within 5 days XRP takes off.. we are on the tip of a break out here for the XRP chart. we see 1.20 before the end of the week and as we move closer into the middle of the month, we expect it to take off even higher.