Gold price reached top of channel up and I think it will now begin to drop heading for support at 2177$
Price reached bottom of channel up and a breakout will happen soon The new uptrend can reach 64$ Be careful because market can go into a correction of tech sector very soon
Price is breaking triangle exiting upside A closing above 125.16$ activate next target at 138$ A strong upside move can happen soon
Nvidia closed Friday with a -5,5% and a daily “bearish engulfing” candle that usually means the trend is reverting Purple Trendline also breaked with a closing below A downtrend is starting!
Price is moving on cycles and the current one is now heading down to the bottom of channel at 22,5$ in the next weeks
Price continue to move with high sensitivity on 4H SMA100 and SMA200 where often price changes direction or accelerate (purple circle) I think it will now move down to SMA200 before going to final target of this channel up located at around 81$
Google cannot stabilize on the top and price falled down reaching bottom of current upside channel Today price can bounce and close a candle above purple trendline as confirmation Is it possible (but less probable) that price break current channel heading down to next resistace at 130$
Earnings was not so exiting because of cocoa overpriced Price near lower border of short term channel up can be a good entry point with a target of 207$ next week Can also be interesting under a long term view
Volumes are five times greater than US and I think is useful to follow stock on HK market Price cannot pass channeldown and long term trendline and this is a very bad signa I think price will now drop to 64
Boeing price is dropping very quickly and will reach target near 190$ soon (lower channel border) At 190$ i think it will start to recover If bad news & problems continues and price close below 176$ long term bullish trend will end
I think current cycle is coming to an end and price will head down to 1950/2000$ Confirmation of downtrend by crossing purple trendline
I think Novo Nordisk is moving inside a consolidation channel preparing a strong upside move to reach a new ATH There will be an enormous demand for obesity drugs in the next years
Nasdaq get rejected from purple trendline and will now head down to 17000 to meet lower channeldown border From here it will start a new strong upside move with target 18000 Short and medium time trends are still bullish, this is only a minor correction
Gold price is compressing from december and has now reached lower triangle margin A break downside is possible, need to close a candle 4h under 2001$ to confirm new bearish trend
Price are defining a new channelup that probably will bring back to 5$ to the end of the month Earnings on Feb 27 can change the plan pushing higher I'm still bullish on Rocket Lab
Price can breakout from medium term channeldown very soon At around 17.7$ will also cross two 1D SMA100 and 200 probably getting a boost up Channel exit aroud 18,3$ Long term channel is still bullish, lower border hit few days ago
Very good earnings pushed price higher and now is trading very near to upper border Symmetrical triangle are neutral formation and breakout can happen up or down, the only sure thing is that price will move with strenght
All SMA 50,100, 200 are located at the same point, a very rare occurency I think price will react with a strong direction I suppose upside because of channelup but i cannot bet on it