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Midterm

WM - Broken Failing Trend Channel- WM has broken the falling trend channel in the medium long term and reacted strongly up. - The price has broken the resistance at 164 of a rectangle pattern, which signals a further rise. - The stock has support at 155 and resistance at 170. - The short term momentum of the stock is strongly positive, with RSI above 70. - However, particularly for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards. - Overall assessed as technically positive for the medium long term. *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price Verify it first and believe later. WavePoint ❤️
NYSE:WMLong
by wavepoint99
Continuation Wedge (Bullish) | 46% move possibleDirexion Daily Technology Bear 3x Shares forms bullish "Continuation Wedge" chart pattern "Continuation Wedge (Bullish)" chart pattern formed on Direxion Daily Technology Bear 3x Shares (TECS:NYSE). This bullish signal indicates that the stock price may rise from the close of $22.4 to the range of $31.00 - $33.00. The pattern formed over 17 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis. Tells Me: After a temporary interruption, the prior uptrend is set to continue. A Continuation Wedge (Bullish) represents a temporary interruption to an uptrend, taking the shape of two converging trendlines both slanted downward against the trend. During this time the bears attempt to win over the bulls, but in the end the bulls triumph as the break above the upper trendline signals a continuation of the prior uptrend.
AMEX:TECSLong
by moneytalkstome
LULU - Broken Failing Trend Channel- LULU has broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate. - The price has risen strongly since the positive signal from the double bottom formation at the break through resistance at 325. - Between support at 352 and resistance at 385. - RSI is above 70 after a good price increase the past weeks. - The stock has strong positive momentum and further increase is indicated. However, particularly for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards. - The RSI curve shows a rising trend, which could be an early signal of the start of a rising trend for the price as well. - Overall assessed as technically slightly positive for the medium long term. *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price Verify it first and believe later. WavePoint ❤️
NASDAQ:LULULong
by wavepoint99
RBLX - Rising Trend Channel [MID TERM]- RBLX shows strong development within a rising trend channel in the medium long term. - The stock is testing resistance at 47. - Volume tops and volume bottoms correspond well with tops and bottoms in the price. - The RSI curve shows a rising trend, which supports the positive trend. - Overall assessed as technically positive for the medium long term. *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price Verify it first and believe later. WavePoint ❤️
NYSE:RBLXLong
by wavepoint99
WMT - Rising Trend Channel [MID TERM]- WMT is in a rising trend channel in the medium long term. - WMT has broken a resistance level in the short term and given a positive signal for the short-term trading range. - WMT has broken up through resistance at 146. - Overall assessed as technically positive for the medium long term. *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price Verify it first and believe later. WavePoint ❤️
NYSE:WMTLong
by wavepoint99
SHOP - Rising Trend Channel [MIDTERM]- SHOP is in a rising trend channel in the medium long term. - An inverse head and shoulders formation is under development. - A decisive break of the resistance at 57.16, ideally with an increase in volume, signals a further rise. - SHOP has given a positive signal from the inverse head and shoulders formation by a break up through the resistance at 44. - SHOP is between support at 42 and resistance at 53. - The RSI curve shows a rising trend, which supports the positive trend. - Overall assessed as technically positive for the medium long term. *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price Verify it first and believe later. WavePoint ❤️
NYSE:SHOPLong
by wavepoint99
MCD - BROKE Falling Trend Channel- MCD has broken through the ceiling of a falling trend channel in the medium long term. - The price has broken through the ceiling at 272 of a rectangle pattern. - A decisive break will signal a further rise to 286 or more. - There is no resistance in the price chart and further rise is indicated. - In case of a negative reaction, the stock has support at approximately 260. - The RSI curve shows a rising trend, which could be an early signal of the start of a rising trend for the price as well. - Overall assessed as technically positive for the medium long term. *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price Verify it first and believe later. WavePoint ❤️
NYSE:MCDLong
by wavepoint99
ORCL - Rising Trend Channel [MIDTERM]- ORCL shows strong development within a rising trend channel in the medium long term. - It also gave positive signal from the double bottom formation at the break up through the resistance at 79.52. - Further rise to 96.32 or more is signaled. - ORCL has broken a resistance level in the short term and given a positive signal for the short-term trading range. - ORCL has marginally broken up through resistance at 90. - Overall assessed as technically positive for the medium long term. *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price Verify it first and believe later. WavePoint ❤️
NYSE:ORCLLong
by wavepoint99
CSCO - Horizontal Trend Channel- CSCO is within an approximate horizontal trend channel in the medium long term, which indicates further development in the same direction. - CSCO has broken an inverse head and shoulders formation. - A decisive break of the neckline at approximately 50 will signal a further rise to 64 or more. - It also gave positive signal from the rectangle formation at the break up through the resistance at 49. - Further rise to 52 or more is signaled. - The stock has broken up through resistance at 50. - In case of negative reactions, there will now resistance be support at 50. - Positive volume balance indicates that buyers are aggressive while sellers are passive, and strengthens the stock. - Overall assessed as technically positive for the medium long term. *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price Verify it first and believe later. WavePoint ❤️
NASDAQ:CSCOLong
by wavepoint99
NFLX - Broke Rising Trend [MIDTERM]- NFLX has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate. - NFLX has marginally broken up through resistance at 300. - The short term momentum of the stock is strongly negative, with RSI below 30. - This indicates increasing pessimism among investors and further decline for NFLX. - However, particularly in big stocks, low RSI may be a sign that the stock is oversold and that there is a chance for a reaction upwards. - Overall assessed as technically positive for the medium long term. *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price Verify it first and believe later. WavePoint ❤️
NASDAQ:NFLX
by wavepoint99
CRM - Breakout Falling Trend [MIDTERM]- CRM has broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate. - CRM has given a positive signal from the inverse head and shoulders formation by a break up through the resistance at 177. - Further rise to 233 or more is signaled. - CRM is approaching's resistance at 192, which may give a negative reaction. - However, a break upwards through 192 will be a positive signal. - Positive volume balance, with high volume on days of rising prices and low volume on days of falling prices, strengthens the stock in the short term. - Overall assessed as technically neutral for the medium long term. *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price Verify it first and believe later. WavePoint ❤️
NYSE:CRMLong
by wavepoint99
NVDA - Breakout Rising Trend [MIDTERM]- NVDA has broken up through the ceiling of the rising trend channel in the medium long term, which signals an even stronger rising rate. - The positive development, however, may give rise to short term corrections down from today's level. - It also gave positive signal from the inverse head and shoulders formation at the break up through the resistance at 178. - Further rise to 300 or more is signaled. - NVDA has support at 214 and resistance at 290. - Positive volume balance indicates that volume is high on days with rising prices and low on days with falling prices, which strengthens the stock. - Overall assessed as technically positive for the medium long term. *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, LT TP: Long Term Target Price Verify it first and believe later. WavePoint ❤️
NASDAQ:NVDALong
by wavepoint99
4
META - Rising Trend [MIDTERM]- Medium term Investors have paid higher prices over time to buy Meta and the stock is in a rising trend channel in the medium long term. - This signals increasing optimism among investors and indicates continued rise. - META has broken up through resistance at 183. - This predicts a further rise. - Positive volume balance indicates that buyers are aggressive while sellers are passive, and strengthens the stock. - Overall assessed as technically positive for the medium long term. Verify it first and believe later. WavePoint ❤️
NASDAQ:METALong
by wavepoint99
AMZN - Falling Trend [MIDTERM]- AMZN shows weak development in a falling trend channel in the medium long term. - This signals increasing pessimism among investors and indicates further decline for AMZN. - However, the price has broken a resistance level in the short term and given a positive signal for the short-term trading range. - AMZN is approaching's resistance at 100 , which may give a negative reaction. - However, a break upwards through 103 will be a positive signal. - Overall assessed as technically negative for the medium long term. *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, LT TP: Long Term Target Price Verify it first and believe later. WavePoint ❤️
NASDAQ:AMZN
by wavepoint99
NDX - Breakout Falling Trend [MIDTERM]- NDX has broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate. - NDX has given a positive signal from the double bottom formation by a break up through the resistance at 12000. - Further rise to 13400 or more is signaled. - NDX has support at 12000 and resistance at 13000. - Overall assessed as technically slightly positive for the medium long term. Verify it first and believe later. WavePoint ❤️
NASDAQ:NDXLong
by wavepoint99
SOXL - Failing Trend [MIDTERM]SOXL has broken through the ceiling of a falling trend channel in the medium long term. This indicates a slower falling rate initially, or the start of a more horizontal development. SOXL has received a positive signal from the moving average indicator, thus signaling a continued rise. The stock is approaching support at 14, which may give a positive reaction. However, a break downwards through 14 will be a negative signal. SOXL is overall assessed as technically neutral for the medium long term.
AMEX:SOXLLong
by wavepoint99
AMD - Double Bottom Formation [MIDTERM]AMD has broken through the ceiling of a falling trend channel in the medium long term. This indicates a slower falling rate initially, or the start of a more horizontal development. It also gave positive signal from the double bottom formation at the break up through the resistance at 78. Further rise to 94 or more is signaled. AMD has broken a resistance level in the short term and given a positive signal for the short-term trading range. AMD has broken up through resistance at 84. This predicts a further rise. In case of negative reactions, there will now be support at 84. AMD is overall assessed as technically positive for the medium long term.
NASDAQ:AMDLong
by wavepoint99