Using Aspen Trading Support & Resistance Levels, TSLA has bounced from 982 support and can face the resistance at 1208. A move above 1208 level will see further upside to TSLA. Note - Aspen Trading S/R levels are invite only. They can be accessed through my profile information. Disclaimer: This analysis is for information purpose only and does not constitute...
Using Aspen Trading Support & Resistance Levels, a price of 23 represents a strong support level. The prices have bounced three times from this support in the past months. NCLH typically displays seasonal strength this time of year which anticipates a rally in the next 2 weeks. Note - Aspen Trading S/R levels are invite only. They can be accessed through my...
Using Aspen Trading Support & Resistance Levels, a move below 978 is going to break the support and things can get ugly really quickly from that point for TSLA. The overall market can also get impacted if the 1.2 trillion market cap of TSLA shrinks in size. Please provide your feedback in comments if you like the analysis. Note - Aspen Trading S/R levels are...
Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether (ETH) is the native cryptocurrency of the platform. Amongst cryptocurrencies, ETH is second only to Bitcoin in market capitalization. ETH has bounced up from support @ 4619.85 using Aspen Trading Support & Resistance Levels. It has moved closer to the resistance...
LTC has bounced up from support @ 259.5 using Aspen Trading Support & Resistance Levels. It has moved closer to the resistance level of 287.5 and a move above this level can lead to further upside. Please like, share and follow if you agree with the analysis. Note - Aspen Trading S/R levels are invite only. They can be accessed through my profile...
PFE has bounced up from support @ 41.5 using Aspen Trading Support & Resistance Levels. Next target is 49.5 and a move above this level can lead to further upside. More tailwinds, it is above 50 & 200 moving averages and PFE typically displays seasonal strength this time of year. Please like, share and follow if you agree with the analysis. Note - Aspen...
AMD has bounced up from support @ 136 using Aspen Trading Support & Resistance Levels. It has moved closer to the resistance level of 152.25 and a move above this level can lead to further upside. Please like, share and follow if you agree with the analysis. Note - Aspen Trading S/R levels are invite only. They can be accessed through my profile...
Yesterday seemed like an overreaction to earnings and bad news all at the same time. Using Aspen Trading Support & Resistance Levels, a move above 62.75 will trigger buying into a long position. PENN is fundamentally strong. The stock is on sale and it has already started an upward move in the market after-hours. Please like, share and follow if you agree...
SQ has bounced back from support @ 249.5 using Aspen Trading Support & Resistance Levels. It seems poised to go up all the way up to 265. Another tailwind might be the positive earnings today. Please like, share and follow if you agree with the analysis. Note - Aspen Trading S/R levels are invite only. They can be accessed through my profile information....
Aspen Trading S/R levels are showing resistance @ 345. MRNA has been trading choppy between a range and now it is at the top end of the range. It looks bearish in short-term. Please like, share and follow if you agree with the analysis. Note - Aspen Trading S/R levels are invite only. They can be accessed through my profile information. Disclaimer: This...
The markets are likely to choose a directional price path after the announcement and press conference that will wrap up around 3 PM Eastern. While the market is pricing in hiking, it’s not actually pricing in tightening. Or to put it another way, it’s not pricing in the kind of move that would meaningfully slow down growth or inflation. Aspen Trading S/R levels...
Aspen Trading S/R Levels are predicting bullish trend for ENPH if it breaks above 238. They already did an excellent job by identifying the support @ 143. Please like, share and follow if you agree with the analysis. Note - Aspen Trading S/R levels are invite only. They can be accessed through my profile information.
Aspen Trading S/R Levels are predicting support for Visa @ 209.02. Visa is looking bullish for the remaining part of the year. Another tailwind is that Visa typically displays seasonal strength this time of the year. Please like, share and follow if you agree with the analysis. Note - Aspen Trading S/R levels are invite only. They can be accessed through my...
SBUX looks bearish using Aspen Trading S/R Levels. It has broken the support at 113 and could move down to 111. Please like, share and follow if you agree with the analysis. Note - Aspen Trading S/R levels are invite only and can be accessed through my profile.
Facebook has changed the name to Meta. Metaverse is a future iteration of the Internet, made up of shared, 3D virtual spaces linked into a perceived virtual universe.Games like Roblox are examples of Metaverse. Simply put, it is a fictional universe. Considering the success of Roblox in Metaverse space, the future of Meta (Facebook) is very promising and the...
Maintaining an objective view of the market is important yet the most difficult thing. Most of the times we are carried away by the news, journals, TV anchors and succumb to fear or greed. To avoid this trap, support and resistance levels (S/R levels) are very important indicators and help us in maintaining an objective view of the market. They indicate whether...