Technologystocks
Technology Simple Chart AnalysisTechnology - Rst 67.4 Supp 63 area
Same goes to our klse tech chart. If nas100 were to rise & shine, entire market technology sector will follow. Very soon we able to see 67.4 break to go next level.
My 2023 Pick For KLSE Tech Counter as below
Frontkn
Greatec
Penta
KGB
QES
NAS100 Simple Chart Analysis Nas100 - Rst 12180 Supp 10674
During a year period of downtrend, we notice that 10674 is the only area being strongly supported with trip bottom pattern. If this area does not broke, i do believe market wave will continue to move towards a big rounding bottom back to highest rst 16590 area.
The risk to fail this recovery pattern will be the rise of CPI data. That's the only concern.
My 2023 Pick For US Counter as below
META
TQQQ
NETFLIX
AMD
BA
Oracle: Sweet Temptation 🔥Oracle is moving dangerously close to the resistance line at $85.58, which would activate our alternative scenario. In that case, the stock would rise further into the green target zone between $85.45 and $92.50 to finish off the grey wave alt.I before sinking back into a correction. Primarily, we expect the course to drop into the green target zone between $72.66 and $63.46 to complete the grey wave II. After completion, we predict Oracle heading North in the longterm.
Nasdaq Weekly Volatility Analysis 19-23 Dec 2022 Nasdaq Weekly Volatility Analysis 19-23 Dec 2022
We can see that currently the implied volatility for this week is around 3.87%, DOWN from 4.12% from last week
With this in mind, currently from ATR point of view we are located in the 82th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 3.25% movement
Bearish: 3.5% movement
At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset,
meaning that there is a 23.6% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 11795
BOT: 10862
Taking into consideration the previous weekly high/low, currently for this candle there is :
35% probability we are going to touch previous high 12339
65% probability we are going to touch previous low 11280
Lastly, from the technical analysis point of view, currently from
Weekly timeframe indicates -93% BEARISH trend from the moving averages index
Daily timeframe indicates -93% BEARISH trend from the moving averages index
4H timeframe indicates -80% BEARISH trend from the moving averages index
Intuit: Skyfall 🪂You better not be afraid of heights, since Intuit is dropping rapidly and we're expecting the course to sink all the way below the $339.36-mark to finish the green wave ideally around the $303.29-mark, before turning the trend back up. In case the stock refuses to sink into a correction and crosses the resistance line at $441.98, our alternative scenario will be activated.
QES Simple Chart AnalysisQES - We can see red chip started to react these few days as QR yet to be announce. So is clear that price had been factor in before the release which i assume will be continue once global rally start to move.
A strong support being form at 0.4 area along with a double bottom pattern. 0.49 can be an immediate support & movement will retest 0.59 towards 0.66 area.
Nasdaq Up 4% After Dovish Fed CommentsSeveral tech & healthcare sector stocks making an early bullish run such as AMD, KLA and DXCM after a dovish Federal Reserve comments on slowing down interest rates hike. However, Fed mentioned interest rates may floating around the 5% level until they see interest rates remain low within the next quarter.
AMAZON Targeting $115 this month. Huge 1W bullish divergenceAmazon Inc (AMAZON) is on a strong rebound since the November 09 low, following the rest of the market in the aftermath of the big drop on the monthly CPI. The first and obvious short-term target is the 1D MA50 (blue trend-line) and on the medium-term the 1D MA100 (green trend-line).
The recent low was made following the 1D MA50/100 Bearish Cross and last time that pattern emerged was on January 21 2022, which preceded the Jan 24 Low. We have plotted that fractal on today's price action since the August 16 High and it matches fairly well. As you see a potential end of November High can play out with a 1D MA100 test nicely around $115.00.
Obviously the long-term target is the 1D MA200 (orange trend-line) and as long as the huge bullish divergence on the 1W RSI holds, being within a Channel Up (Higher Highs and Higher Lows) as opposed to the price action (Lower Highs and Lower Lows), we can break this fractal sooner than expected. Only a break above the November 19 2021 Lower Highs can restore the long-term bullish trend.
-------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
-------------------------------------------------------------------------------
👇 👇 👇 👇 👇 👇
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
US100 14400 is a bullish targetThe Inverse Head & Shoulders has completed. There will be loads of stops under the right shoulder and the head.
But for now, we have to assume that the pattern is going to play out. In my other research, I detail why fundamentally the Nasdaq should go higher but you would have to dig around and find it on the internet because I am not allowed to tell you where it may be. The reason I put it on a different platform is that I can't upload the charts of my research here! The nut of the thesis is that there is still a lot of money flowing into the markets from the US government.
Targets for a (i)H&S is x2 the distance from the head to the neckline, projected in the direction of the breakout.
Just be on the lookout for a fundamental reason why the algos reverse the price action and attack those stops under the RHS and Head
11/8/22 ATENA10 Networks ( NYSE:ATEN )
Sector: Technology Services (Information Technology)
Market Capitalization: $1.352B
Current Price: $19.03
Breakout price: $19.10
Buy Zone (Top/Bottom Range): $18.20-$16.80
Price Target: $23.00-$23.50
Estimated Duration to Target: 107-116d
Contract of Interest: $ATEN 2/17/23 20c
Trade price as of publish date: $1.45/contract
bearish rounding top on Tesla forming , short setupcurrently in a 4th way up , however there is a bear flag forming I see. Tesla needs to get over $215, to possibly invalidate the bearish sentiment. Even still, it would also have to breakout above trendline resistances near 220-225. That might be a difficult task. There is also B leg of the previous cypher pattern, that will act as a resistances for wave 5. I'm looking for a short entry above $215.00, if price action fails to get above this level. I'm looking for a quick breakdown below $200... Monitoring for short set up
AVGO: Head and Shoulders?Broadcom
Intraday - We look to Buy at 457.26 (stop at 435.69)
A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. The measured move target is 512.00. Dip buying offers good risk/reward.
Our profit targets will be 510.99 and 530.00
Resistance: 512.00 / 574.00 / 670.00
Support: 450.00 / 350.00 / 260.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
AMD is a strong short-term BuyAdvanced Micro Devices (AMD) has been practically consolidating since the October 13 Low. As the long-term trend has been bearish within a Channel Down pattern since the November 30 2021 Market High, the current consolidation following the rebound on the (dashed) Lower Low (diverging) trend-line can be seen as an Accumulation Phase preparing for the next bullish leg to the top of the Channel.
As you see all previous legs within the Channel Down have been following a certain pattern. After a (near) 30.00 1D RSI reading, and a MACD Bullish Cross, the price rebounds to at least the 0.618 Fibonacci retracement level. That is currently at 85.68 buy is outside the Channel Down, so we will settle for a Target within 73.50 - 77.50. Only a break above the 1D MA200 (orange trend-line) can be considered a long-term trend change to bullish.
See how the 1D MACD prints Higher Highs and each break above the Pivot is larger. More or less this is consistent with the price breaks above the 1D MA50 (blue trend-line).
-------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
-------------------------------------------------------------------------------
👇 👇 👇 👇 👇 👇
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
US10Y Bond Yield Simple Chart AnalysisOn the other hand, 10Y bond supported & rebound to reattempt the previous high fall 4.3 area. Once break, 5.2 will be the next target.
This will be very bad for tech sector if this 10Y bond continue to rise. Can for see investor that invest into stock market will cash everything out & put into safe heaven place.
US100 - Nasdaq - Long IdeaAt the end of last week the Nasdaq, flushed through some stops and had a bearish close. For the bears, they are feeling trapped as there was no follow-through to the downside.
In fact the snap back signalled a bullish reversal.
Today we have broken higher out of the opening range and the initial balance. We're just waiting for that pop to confirm that today is the start of a push higher.
NASDAQ US100 Long IdeaLooks like the last day or so has produced a bullish triangle in the Nasdaq.
We're just waiting for confirmation of a breakout