Bearish on Snowflake ( NYSE:SNOW )! Our analysis suggests a possible decline to $167 or lower in the near future, considering its current price of $182.2.
DLR is unable to sustain above its 200-day moving average (200MA). I predict that it will likely undergo a retest of its 50-day moving average (50MA) at around the $95 range.
I have a positive outlook on KMI (Kinder Morgan) as long as it maintains support above its September 2022 low. If this support level holds, I anticipate that Kinder Morgan has the potential to reach $17 or even higher.
The crucial level for this underlying asset is $192.5. If it successfully maintains and closes above this level, it has the potential to reach or exceed the $195 mark.
Today MRK broke 50 SMA while can not hold resistance at 109. I think the downtrend for this underlying will continue. as it happens the price of MRK could test the 103s level
I am bearish on MSTR as I see multiple tops for this underlying. I expect it can breakout from there and will test its 250s levels or more down.
I am bearish on EEM as there identified 3 start pattern which indicates potential reversal for this underlying. Also, it can not break its 50SMA which also indicates potential bearish price action. In my opinion EEM is going to test 38s soon
I am short on LW as there pause on the uptrend as the last 5 daily candles are below 50SMA - which indicates I to start a new trend downside. I will think if buy at price 93s
I see the huge short potential for NVDA. There was a strong uptrend since the beginning of 2023 as Tesla did. Especially after earnings NVDA could keep the upside and make new highs. 220s is a good level for NVDA to consolidate and try to bounce up. my price target is 220
I will want to see Tuesday close to open a short position on XOM as it can not claim upper levels in my opinion XOM could fall to test 100s
J.P. Morgan holds its 50 MA which means we could see some uptrend and bullish movements on this underlying. as soon as JPM could hold its MA until Tuesday I guess new high could be tested early March.
I am bearish on WMT. despite the earnings release was not bad it can not bounce up. I will wait until 1st March to short it as the close below 140 it could test 130s
The previous week's GIS gap was up but ca n not break 50MA above to continue the uptrend. for this reason, I will watch Monday's performance. if it could not break above. I guess it will go to test following levels 70s
we can see cross-two MA for this underlying. This makes my idea to short it if it could not break above the moving averages. Personally, I think SLB can start turn into a downtrend
I see clear down trend on M since beginning February. It tests 50MA and can not hold it, broke down . now i close to 200MA and trendline. I guess M will continue downtrend until its earnings 02 Mar 2023
I am bearish on BBY. There was a cup pattern that it made since the beginning of 2023. After that, it started to fall and continue to downtrend. My thoughts are if it can not bounce about 84.15 I will short it.
In the middle of February RJF could break the trendline and bounce up to start new uptrend if it could hold 20&50MA. Now I will wait until Monday to see the last close. As if it will not break the trendline up I guess soon we will see it test it following levels at 100s price
any upside move in Monday means continuing strong uptrend which means LMT could make new highs