Technical Analysis (TA) for Trading: * Current Price Action: AAPL is trading around $238.54, showing a strong rebound from the prior reversal zone near $229 - $234. It has broken out of a descending trendline and is now consolidating near $239, a key resistance level. * Support Levels: * $234.02 – Key support aligned with prior rejection zones. * $229.20...
Technical Analysis (TA) for Trading: * Trend: META has been in a downtrend but is now at a key reversal zone with strong buying volume. * Descending Channel Break? Price is currently testing the upper boundary of the falling channel. A clean breakout above $634.55 could signal further upside. * Support & Resistance Levels: * Immediate Resistance: $634.55 ...
Technical Analysis (TA) Trend: AMZN has been in a downtrend, forming lower highs and lower lows. Support & Resistance Levels: Major Resistance: $202.26 – This is a key level where price could face rejection. Support Zones: $190 - $195 – A breakdown below this area could lead to further downside. Indicators: MACD: Showing signs of bullish divergence, indicating a...
Overall Market Sentiment: The market exhibited notable declines across major technology stocks and the broader S&P 500 ETF (SPY). High trading volumes accompanied these declines, particularly in NVDA and TSLA, indicating strong selling pressure. Investors should monitor upcoming economic data releases and earnings reports for potential catalysts that could...
Market Structure & Key Levels * Current Price: $90.60 * Support: $84.40, $78.58 * Resistance: $95, $100 PLTR is showing bullish momentum after bouncing off key support near $84.40. The price action has shifted, breaking multiple Change of Character (ChoCH) levels to the upside, signaling a potential reversal. Reversal Zone Analysis PLTR has rebounded from the...
Market Structure & Key Levels * Current Price: $208.11 * Support: $200, $197.43 * Resistance: $215, $220, $225 Amazon (AMZN) has shown a recovery from the $197.43 demand zone, breaking multiple Break of Structure (BOS) and Change of Character (ChoCH) to the upside. This signals a potential trend shift from bearish to bullish momentum. Reversal Zone Analysis AMZN...
Market Structure & Key Levels * Current Price: $278.53 * Support: $265, $250 * Resistance: $292.5, $300, $310 TSLA has recently rebounded from a demand zone around $265, showing early signs of a potential reversal. Multiple Change of Character (ChoCH) shifts indicate a possible transition from a bearish to a bullish market structure. Reversal Zone Analysis TSLA...
Market Structure & Key Levels * Current Price: $400.90 * Support: $388.61, $381.00 * Resistance: $410, $415, $420 MSFT has shown bullish momentum after rebounding from the demand zone near $381. It has broken multiple Change of Character (ChoCH) patterns to the upside, indicating a shift from bearish to bullish structure. Reversal Zone Analysis MSFT recently...
Reversal Zone Explanation * AAPL has recently bounced off a demand zone around $230-$232, aligning with the highest negative NETGEX/PUT Support. * If buyers sustain momentum above $236-$240, we could see a push towards resistance levels near $245-$250. * On the downside, a break below $230 could trigger further declines toward $225-$220, where the next major...
Technical Analysis (TA): 1. Trend & Structure: * AVGO remains in a clear downtrend, showing multiple Break of Structure (BOS) events. * Change of Character (ChoCH) attempts suggest buyers are stepping in, but confirmation is needed. * Resistance Levels: 194 (Call Resistance), 220-240 (Major Supply Zone). * Support Levels: 180-187 (Demand Zone &...
Technical Analysis (TA): 1. Trend & Structure: * SMCI has been in a strong downtrend, marked by multiple Break of Structure (BOS) signals. * A Change of Character (ChoCH) has occurred, hinting at a potential reversal if confirmed. * Resistance: ~43 (Call Resistance), 57-60 (Major Supply Zone). * Support: ~35-38 (Demand Zone & Highest Negative...
📊 Technical Analysis (TA): 1. Trend & Structure: * AMD has shown Break of Structure (BOS), confirming its previous downtrend. * Change of Character (ChoCH) signals a potential reversal, and buyers are stepping in. * Key Resistance: ~102-105 (supply zone & call wall) * Support Zone: ~95-100 (recent demand zone) 2. Indicators Suggesting Strength: ...
Based on the recent market news and Trump’s speech, here are a few technology stocks that could be worth watching: Nvidia (NVDA) * Why? Nvidia remains a dominant player in AI and GPU markets. Despite recent volatility due to tariff concerns, long-term demand for AI chips remains strong. * Risk: Any tariffs on semiconductor imports could increase costs, but...
📌 Key Observations from the Charts 1. Market Structure & Price Action: * TSM broke out of a falling wedge pattern and is now retesting 181-182 resistance. * Support Levels: * 172.97 (key demand zone). * 171.07 (critical support; failure here invalidates bullish move). * Resistance Levels: * 182.70 (current resistance; needs a...
📊 Technical Analysis (TA): Trend & Structure: SPY is in a clear downtrend, with multiple Break of Structure (BOS) signals confirming bearish dominance. A recent Change of Character (ChoCH) attempt suggests a potential reversal, but confirmation is needed. Key Resistance: ~598-610 (supply zone) Support Zone: ~575-580 (current demand area) Indicators Suggesting a...
📊 Technical Analysis (TA): 1. Trend & Structure: * QQQ is in a clear downtrend, confirmed by multiple Break of Structure (BOS) signals. * A recent Change of Character (ChoCH) attempt suggests a potential short-term reversal, but confirmation is needed. * Key Resistance: ~520-530 (supply zone) * Support Zone: ~490-495 (current demand area) 2....
📊 Technical Analysis (TA): 1. Trend & Structure: * IWM remains in a strong downtrend, marked by multiple Break of Structure (BOS) signals. * A recent Change of Character (ChoCH) attempt suggests a possible reversal, but confirmation is needed. * Key Resistance: ~215-218 (supply zone) * Support Zone: ~205-208 (current demand area) 2. Indicators...
📊 Technical Analysis (TA): 1. Trend & Structure: * NVDA remains in a strong downtrend, with multiple Break of Structure (BOS) signals confirming bearish control. * A recent Change of Character (ChoCH) attempt suggests a possible reversal, but confirmation is needed. * Key Resistance: ~120-126 (supply zone) * Support Zone: ~110-113 (current demand...