Please note this is just an idea, invest at your own risk.
Aeva is currently in a downtrend, however it is currently touching the 50MA.
Looking at the trend lines, it looks like selling pressure will step in and keep pushing prices lower following the trend. Further, looking at volume, the amount of buying on the previous closing day might indicate a reversal...
If it succeeds to recover the 200MA, and overcomes the 42 resistance, then I would consider it for a buying opportunity.
Otherwise, it is likely to keep trading sideways or downwards.
Please note this is just an idea, invest at your own risk.
Autodesk is clearly in an uptrend long-term, however has been trading in a range for the past half year.
It recently touched the 200MA, which has been a stable support historically for the stock.
Avoid buying if it breaks 275 level of support.
I think the current 293 can be a good entry, although an...
Please note this is only an idea, invest at your own risk.
Currently sitting/fighting a key level of resistance/support at around 31/32.
I would like to see it form a good base and stabilize around this level.
If it surpasses next resistance of previous swing high, at around 34, then I would consider it a good entry point up until 40.
The opening of the...
Please note this is only an idea, invest at your own risk.
The chart shows a confusing pattern after a huge drop.
If you are long term, I believe now to be a great price (575).
In the short term, I expect more volatility and possible lower price or fluctuation.
While it has recently gained an important support around 570, I am waiting for it to overcome the...
Please note this is only an idea, invest at your own risk.
Resistances shown in red, supports or trendlines in blue .
I believe it will try to test the 260 resistance, if it breaks above, then expect a retest of a strong 277 resistance. 261->275 could be an easy ride.
Stock is back above 200MA, but short-term MA do not look too confident yet.
Happy to get...
Please note this is only an idea, invest at your own risk.
The price shows a nice and steady move up high, supported by trendlines . There should be support by the 20MA, which can act as good entry point. Additionally, there should be a support at 84, which acts as key support. If this breaks, setup might become invalidated.
A safer play can be to wait an...
Please note this is only an idea, invest at your own risk.
The price shows a nice and steady move up high, supported by trendlines. There are two levels of support not too far from current price, which can act as good entry points.
A more safer play can be to enter at 220, once it passes the 219 resistance. Then expect price to eventually test 230 resistance....
