Hey everyone! Hope you had a wonderful christmas and wishing you all the best for 2022. Today I also wanted to look at AMD which seems to be at a breaking point. It will be interesting to see what happens here in the coming months. Personally I see a couple of scenarios potentially unfolding. Currently price has corrected down to an earlier support zone. From here...
Hi everyone, first of all thank you for taking the time to read this, hope you’re having wonderful holidays! I was going through ADBE and to me it seems that the downswing which has lasted all throughout this last month might have come to an end. Currently we seem to be in a support zone and these last days have luckily show some green and climb back might be...
Hey everyone! Hope you had a wonderful christmas and wishing you all the best for 2022. Today I also wanted to take a look at AVGO. I’ll keep this one short for you. Personally I would hold off on investing in AVGO since the chart looks quite risky right now. As you can see the price is trading far from its downtrend line and getting close to the upper resistance...
Hi everyone today! Today I’d like to take a quick look at FB/Meta for you all. In general it seems that the main uptrend which has been happening since the start of corona has come to and end. Since September of this year a potential new downwards trends has been started. It will be interesting to see what happens to Meta in the coming month of January as December...
For now it looks like Citigroup will be going down back down to it's long-term uptrend line in the near future. For now the graph does not look very complicated to be honest. If you have any questions or feedback (whether it's negative or positive) you can always let me know!
My view on AEP is currently neutral. It has been trading sideways the last couple of months and currently seems to be between a support and resistance zone. Trading this stock seems risky at the moment since it's a bit hard to tell what will happen in the next couple of days/weeks. My suggestion here would be to hold off on investing for now. Feel free to share...
BAC has been trading in an upwards channel for quite a while. Currently it seems that BAC shares are in the middle of this channel between important support and resistance channels. Currently I would advise to wait and see how things evolve in the upcoming weeks. It could go down to support or move up again to the resistance level. Feel free to let me know what...
MDLZ has been trading in an upwards channel for quite a while now. It looks like it's currently in a resistance zone leading to a potential breakout. I personally think it would be too early to enter right now but it could be interesting to watch for a potential breakout movement happening soon. Feel free to let me know what you think about this idea!
I believe NFLX is becoming a buy opportunity for a short-term swing play. A bounce off the uptrend line seems to be occuring right now with the RSI getting close to 50 again and 14 EMA getting close to 21 EMA again. I think we could see a bounce to the 630 level and maybe even the 680 level in the near future. FULL DISCLOSURE: I personally do not hold any...
Hey everyone, wanted to post one of my current MSFT plays that I opened last week and has been doing quite well if it can help you. Currently I’m long MSFT and was predicting the start of a new swing. Weekly seems to be bouncing off the support line, RSI coming down from overbought range + 14 EMA still significantly above 21 EMA signals that the uptrend is also...