On the chart, we can see a rising channel occurring for FSLR. It has been ranging between the levels for almost 3 quarters. We expect that the price will stay in the channel for a while. You can buy at the lower boundary of the channel and exit at the resistance, which is the higher boundary of the channel. Invalidation of this thesis would be if the price closes...
On the chart, we can see a falling wedge. Breakout has already happened, so we will enter a long position. RSI is showing bullish divergence, and therefore we have confirmed a long position The target will give a ROI of 14% Good luck!
On the chart, we can see a triple bottom for BYND, which is at its all time low. Because of these facts, we expect a huge upside for BYND 50% gain from its current price. RSI is showing a bullish divergence. More details are shown on the chart. Good luck!
On the chart, we can se a falling wedge occurring. The stock has held its strong support for a long period of time, and we are now expecting it to go to the upside after bullish consolidation. MACD seems to make either a consolidating or bullish crossing. Our first target is based on the forming, while the second target hits our resistance level. Good luck!
On the chart, we see a falling wedge occurring for PLUG. We expect it to break the support, anytime soon. The target is purely based on technical analysis. Therefore we will advice you to keep in mind, that the stock is at its lowest for a long period of time, and therefore has potential for much higher upside, than our target.
On the chart we can see a double top occurring for LLY. The RSI is showing a bearish hidden divergence and the last candle is bearish as well. We are expecting it to break the current support level, and hit our target. More details are shown on the chart. Good luck!
On the chart, we can see a rising wedge occurring for an energy stock. We expect it to break the support zone and hit our target, which has a potential reward of 25% MACD is showing strong indications to the downside. Bearish divergences on the RSI. As with the previous published energy stock, we expect a downside just like the majority of the energy stock have...
On the chart, we can see a rising wedge holding its support, which we expect a breakout of. Overall, the energy sector have been performing extremely well during the last year, as a result from the Ukrainian/Russian war, but has been dumped big time during the first quarter of 2023, and we therefore expect the rest of the stocks from the sector to follow this...
On the chart, we can see an inverse head and shoulders, which is a strong bullish pattern. Both MACD and RSI are indicating bullish crossings. We will now wait for a breakout of the neckline, to take our entry. More details are shown on the chart. Good luck! 🚀
On the chart, we can see a rising channel occurring. The price is currently ranging in the support zone, and we are waiting for a breakout of the line to take our short position. From this signal, we expect a target with a ROI of 44%. More details are shown on the chart.
It`s in our DNA to create reliable and objective analysis for our dear followers, and we will continue doing so. We can see a falling wedge occurring on this chart, and we therefore expect a move to the upside. Also the RSI has shown bullish divergence lately. We will wait for a breakout of the trend, to take our long position. More details are shown on the chart.
BankNifty has certainly started recovering well, but given that we have just broken out of an important zone, trading BankNifty can get pretty tricky tomorrow. Here's a simple long setup that I think offers pretty good probability of success with good risk to reward ratio. Rationale: - Price has just broken through an important zone, but it hasn't been properly...
Bears have had it their way with the Bitcoin for well over a year now, as a result, the most popular crypto was brought down from sky-high prices to nearly under-ground levels in a matter of weeks. And it's probably gonna take months for this thing to completely recover and reach a new all-time high, if ever. But regardless of what happens in the distant future,...
Banking sector saw some heavy selling this week, but it shouldn't come to us as a big surprise as most banks have been trading at very high prices, and more importantly, perilously close to their respective supply zones. BankNifty took the toll for obvious reasons, after a long struggle to cross the 41600 level, price was finally pulled down from deep inside the...
Key Points / BIG news: - TAP Global to have stock market listing via SPAC merger, $XTP will see some parabolic moves north IMO. - Quetzal Capital injects £1.5 million with an additional £500 000 option before May 31 2022 - this funding will stimulate growth aggressively. - TAP has partnered with leading companies in the industry including Fireblocks, BitGo,...
A Breakout from the cup is expected pretty soon. A cup has been formed. Alternatively , it also has an inverted head and shoulder pattern as well.
Notes: * Strong up trend since 2020 * Great earnings in the recent quarters * Basing for the past ~14 months * Recently bounced off historical highs around $31 * Forming a nice and tight pivot area around $35 * Offering a very low risk entry * Showing signs of strength and accumulation Technicals: Sector: Industrials - Specialty Industrial Machinery Relative...
Notes: * Very strong up trend on all time frames * Great earnings track record * Breaking above historical resistance of 145.21 with higher than average volume * Very close to its 50 day line * Offering a low risk entry Technicals: Sector: Technology - Information Technology Services Relative Strength vs. Sector: 1.04 Relative Strength vs. SP500: 1.03 U/D...