NVIDIA
Short Term - We look to Buy at 211.77 (stop at 202.40)
Preferred trade is to buy on dips. We are trading at oversold extremes. We look for a temporary move higher. Although the anticipated move higher is corrective, it does offer ample risk/reward today.
Our profit targets will be 240.26 and 284.00
Resistance: 250.00 / 300.00 / 340.00
Support:...
Etsy
Short Term - We look to Sell at 112.96 (stop at 122.95)
Posted a Bearish Outside candle on the Daily chart. We look for losses to be extended today. Our short term bias remains negative. A Fibonacci confluence area is located at 89.40. Further downside is expected and we prefer to set shorts in early trade.
Our profit targets will be 89.34 and 71.20...
Bitcoin
Intraday - We look to Buy at 39505 (stop at 38888)
Trend line support is located at 41148. The spike lower found buying interest and prices moved quickly higher. We are trading at oversold extremes. Prices expected to stall near trend line support. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail....
Disney
Short Term - We look to Sell a break of 128.13 (stop at 131.49)
A break of bespoke support at 130.00, and the move lower is already underway. Trades with a bearish descending triangle formation. Our outlook is bearish. The trend of lower highs is located at 142.00. Continued downward momentum from 160.00 resulted in the pair posting net daily losses...
Wells Fargo
Short Term - We look to Sell at 52.76 (stop at 54.67)
Preferred trade is to sell into rallies. There is scope for mild buying at the open but gains should be limited. Bespoke resistance is located at 52.00. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 46.89 and 44.53
Resistance: 52.00...
Litecoin
Intraday - We look to Sell at 111.04 (stop at 113.76)
Preferred trade is to sell into rallies. Previous support, now becomes resistance at 110.00. The trend of lower highs is located at 115.00. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 101.10 and 98.20
Resistance: 110.00 / 115.00 /...
Cisco Systems
Short Term - We look to Sell a break of 53.44 (stop at 54.96)
There was little net movement as we continue to consolidate within the 54.00 - 57.00 range. Mild losses have been posted and our bias turns to the downside. We look for losses to be extended today. Further downside is expected, however, due to the strong support below we prefer to...
ING Groep
Short Term - We look to Sell at 9.90 (stop at 10.24)
Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 10.00, resulting in improved risk/reward. Trading close to the psychological 10.00 level. Price action is forming a bearish flag which has a bias to break to the downside. There is scope for mild...
Bitcoin
Intraday - We look to Buy a break of 44066 (stop at 43298)
Daily signals are mildly bullish. Price action continued to range between key support & resistance (43000 - 44000) although we expect a break of this range soon. A break of bespoke resistance at 44000, and the move higher is already underway. We look for a temporary move higher. The trend of...
Lucid Group
Short Term - We look to Buy at 22.03 (stop at 20.23)
We look to buy dips. Previous support located at 22.00. Although the anticipated move higher is corrective, it does offer ample risk/reward today. We look for a temporary move higher.
Our profit targets will be 26.24 and 29.35
Resistance: 30.00 / 37.00 / 45.00
Support: 22.00 / 20.00 /...
Advanced Micro Devices
Short Term - We look to Buy at 101.31 (stop at 96.59)
We look to buy dips. 100.00 continues to hold back the bears. Trading close to the psychological 100.00 level. We expect a move higher in a corrective sequence, targeting Fibonacci retracement levels.
Our profit targets will be 114.62 and 123.06
Resistance: 120.00 / 145.00 /...
Ethereum
Intraday - We look to Sell a break of 3139 (stop at 3201)
Short term momentum is bearish. There is no indication that the selloff is coming to an end. A break of yesterdays low would confirm bearish momentum. We look for losses to be extended today.
Our profit targets will be 2984 and 2924
Resistance: 3300 / 3380 / 3480
Support: 3200 / 3100 /...
Litecoin
Intraday - We look to Sell at 119.38 (stop at 121.57)
The trend of lower lows is located at 121.00. Previous support, now becomes resistance at 122.00. Broken out of the Head and Shoulders formation to the downside. We have a 50% Fibonacci pullback level of 118.75 from 127.38 to 110.12.
Our profit targets will be 110.15 and 108.12
Resistance:...
BNP Paribas
Short Term - We look to Buy at 46.81 (stop at 45.50)
We look to buy dips. Although we remain bearish overall, a correction is possible without impacting the trend lower. Previous support located at 47.00. We look for a temporary move higher.
Our profit targets will be 50.19 and 53.18
Resistance: 55.00 / 60.00 / 68.00
Support: 47.00 / 38.00 /...
Novavax
Short Term - We look to Sell at 66.01 (stop at 72.46)
Trades with a bearish descending triangle formation. Trading volume is increasing. We look for losses to be extended today. A close below the key support at 68.00 is expected to lead to further selling pressure. Closed below the 20-day EMA.
Our profit targets will be 40.74 and 38.59...
Cassava Sciences
Short Term - We look to Sell at 32.45 (stop at 36.81)
We look to sell rallies. Trading volume is increasing. Previous support, now becomes resistance at 32.00. We can see no technical reason for a change of trend. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 12.45 and 7.56...
Litecoin
Intraday - We look to Sell at 121.95 (stop at 123.50)
The trend of lower lows is located at 126.00. Previous support, now becomes resistance at 122.00. Current prices have reacted from a low of 117.50, however, we expect further losses to follow. Preferred trade is to sell into rallies.
Our profit targets will be 117.49 and 116.10
Resistance:...
Bitcoin
Intraday - We look to Buy at 45354 (stop at 44489)
Daily signals are bullish. Trend line support is located at 45300. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. We look to buy dips.
Our profit targets will be 47648 and 48548
Resistance: 47200 / 47800 /...
