NYSE:RNR is right now in an interesting area .In fact after breaking above the white line (Which was Strong Resistance at the time) it pulled back on the white line. The white line and generally the green rectangle will serve as a support area .If RNR succeeds in an upcoming day to close significantly above the blue line (trendline) it would very likely continue...
NASDAQ:IGMS is likely to continue up towards the 74 , It might return to bounce off the white line before continuing towards the 74 . But If the green line is closed above significantly in an upcoming day there would be a considerable chance that it would continue up towards the 97-100 green rectangle area .
TVC:DJI was strong enough to considerably bounce off the red strong trendline , it's actually quite a good first sign that it is strong enough to stay above the red trendline and/or the red rectangle area (24500-25250). In fact as long as it stays above the red rectangle area , Dow will be trying to break above the Major line (Green Line) . The longer price...
TADAWUL:2222 is likely to go up to around the 34 area , IF it closes considerably above the 34 in an upcoming day with a bullish candle we could expect it to reach the 38-38.5 area .I think this is a good time to buy TADAWUL:2222 .
I think this is a good time for buying XETR:DBK as it has broken the blue line (around 6.68) and returned to test it .For now DBK is likely to head up towards around 7.14 (the green line) which is a decisive level .If this price closes considerably above this level (with a bullish candle) in an upcoming day, I think DBK would be likely to reach the 8 area with...
This is going to be a general overview on the Dow Jones from a weekly perspective.More details are to be found on the analysis I will be posting from the daily perspective . TVC:DJI has lost yesterday almost 7 percent in one day which has probably made many people panick .This was quite expectable because the up trend that officially started the week of March...
NASDAQ:NFLX is likely to go up to around the 460 area (Untill further notice).
After reaching the Target set Last week for NASDAQ:TSLA , It is now in an important area . I think It would be interesting before taking any decision to watch how it would act around certain area . Actually if TSLA succeeds to close soon considerably above the white line at around the 1035 , it would very likely continue up to the 1120-1135 area (Blue Line) . In...
NASDAQ:AAL broke an important level at around the red line .I think It has a considerable probability to continue down towards the 13.5-13.6 area . Stop loss set around the 18 level Ideally slightly above the 18 .
Last week I recommended to watch If FSCT would close considerably above the green rectangle .Now If NASDAQ:FSCT keeps enough bullish momentum and succeeds to close -either today or in an upcoming day- considerably above the black line ( trendline ) with bullish strength , I think price would very likely to continue up to around the blue rectangle area (around...
NASDAQ:TSLA has broken with strength above the white line and closed above it .It has a high probability to continue up towards around the 1000 area (975-1000) . This is the buy signal from a 1H chart perspective.
I think NASDAQ:TSLA has a very important probability to go up to around the blue rectangle (Around the 975-1000) . Tesla is showing huge bullish momentum .And not only TESLA broke over the green area (which was said In a previous analysis to be a bug signal targetting the turquoise area) , but also it broke over the turquoise area with strong bullish power .
As long as NYSE:BRK.B doesn't close in an upcoming week above around the 196 , I think there wouldn't be a reason to assume it would go considerably up and really recover . If it does close in an upcoming week above the 196 significantly It would confirm a considerable bullish move. I have illustrated some of the potential scenarios in the chart .
If NYSE:SNAP closes in an upcoming day above the 18.5 (RED) , it would likely continue up to the 20-21 area (GREEN) . If it closes considerably above the 20-21 area , it would likely continue up to around the 27-30 area (BLUE). The Triangle coloured in grey would serve as support area along the way .
If NYSE:SNAP succeeds to close considerably above the 20-21 area (green rectangle) , it would be very likely to continue up to around the 27-30 area .
NYSE:F have recently broken above the red rectangle area , If it closes above the green rectangle area (Considerably Above 6.3 ) in an upcoming day with bullish strength , it would be likely to continue up to the blue coloured area around the 8 and the thick black resistance . I think as long as it doesn't close considerably above the green rectangle area (Above...
After forming the gap at the market open , NASDAQ:ARGX has succeeded to close above the Red Line around the 206.5 . IF it succeeds today or in an upcoming day to close with bullish strength considerably above the green line at around the 217 mark ,I think It is likely to continue up to around the 270-272 area even though price is now at an all time high...
Recently , TADAWUL:2350 had enough bullish strength to break above the black line . If we close in an upcoming day considerably above the green area (significantly above the 8.8 ) , this stock would very likely continue up towards the first blue rectangle area at the 9.8-10 area , with an important potential to reach the second target at the secong blue...