If the current resistance (177 - 182) is broken in AAPL we should see $214.88 by sep 2024.
PS: I am new to Technical Analysis. I am sharing my analysis to learn from the community via their constructive comments to help me sharpen my TA.
My analysis is not a trading advice. You are responsible for your trade.
1) PIVOT drawn on June 11, 2023.
2) QQQ should battle around 363.37. If it wins the battle, the climb should continue to 398 - 404.
If QQQ can't win the battle it should come to 338 and then to 330.
3) There is a small resistance at 378-383.
4) Target 398 - 404, drawn on June 11, 2023.
PS: I am new to Technical Analysis. I am publishing the analysis to learn...
If TSLA's yet to complete Ascending Triangle (AT) pattern forms, we should see TSLA going up around $100ish, after a struggle around current resistance to $228ish.
From the time the AT pattern completes it should take half the time to run to add another $100.
1) AT pattern is yet to form.
2) Target of AT pattern is coinciding with the resistance at around...
Trade here is
Entry $23.73 (Close of Friday 3, 2023)
StopLoss $23.04 which is $0.69 SL.
Target On Daily $25.32, On Rounded Bottom Pattern $29, Monthly Rounded Bottom $34 (Please expect some error in calculation)
For a lot of 100, SL $69.
Money to be Made $159
Risk:Reward: .69 : 1.59 (1:2.65) (On Daily)
Rationals:
1) Buyers entered at the support
2)...
SPY could not yet pay for the IH&S. Looking at the R&S it seems SPY would spend another month between 419ish to 367ish.
PS: I am new to analysis. So, do not forget to do your own research, make your own decision, you are responsible for your trades. I welcome inputs to improve my analysis. So, please share your knowledge and guide me.
Feb 28, 2023 - As per Monthly chart - DOW has made double top pattern, which should bring it down to 31604.82.
Since 20 MA is 33576.06 which is at resistance hence making 33624.42 should act as a strong resistance for the index.
I expect the DJI be between 33624.42 and 31604.82 for sometime in March 2023.
PS: I am new to analysis. So, do not forget to do your...
I believe, for sometime KWEB should take a pause for a brief time:
1) The current price is right at the resistance zone on the weekly chart ($31.xy to $32.nm) - We can see many times in the past the price has turned back from these levels.
2) 50 ema on weekly chart is right at the resistance, working as double resistance for the price move.
3) Dragon fly doji at...
