Casvanick

Casvanick

It seems like Boeing is finally flying. 150MA finally crossed over 200MA Moving average aligned nicely 20/50/150/200 confirming the upside. Anticipating for a pullback to sub 198-200 to top up before the next bull run.

Casvanick

Bulls need to fill the 120 gap or best gap it over. 50MA crossing over 100MA would give bull a bit more momentum. Still a long way for Bull to fill all the down gaps.

Casvanick

AMZN back to Covid low forming a double bottom and sitting right at the strong resume pivot line coinciding with Fib 0.618 Stochastic showing oversold and by the looks of it, a bouce should be here soon. Optimistic next target: 100p area. Broke the neck line, and we shall see some ugly sight to the next up gap around 50p area.

Casvanick

Bull must defence the up gap 374-378 area to hope for a short term rally. The Bear is still in full control and looking to tank all the way to Fib 0.5 around 350 area (Double bottom perhaps)

Casvanick

Horizontal support coinciding Fib 618 Strong resume on the pivot Might go further south with all the current noises, let's see whether it holds.

Casvanick

Inflation is calming down 1st target 1.35 2nd target 1.40

Casvanick

Baba broke the downtrend channel which is a good sign. Will need to go above the 200MA and use it as the next support, but having said that there are numerous of down gaps to be filled and act as resistance. Clearer sky if we can break 116, but as for now need lots of momentum and helps from the CCP.

Casvanick Updated 

S&P overall still bearish but let's see whether it can fill the down gap of 403-410, or best gap it over and break the downtrend. Next target before hitting the down gap resistance of 403.

Casvanick

VIX is now forming a bullish setup, looks like another rally is on the way.

Casvanick Updated 

It seems that Pivot still holding for now, hopefully see a quick bounce from the oversold. near on Fib 0.618, I thought it's a good to grab some TSLA since it's on SALE now.

Casvanick

VIX hitting resistance around 34 but still pretty bullish and have another 9-10% room to grow targeting 37. MAs are all in line. Overall still bullish

Casvanick

Sticking with the elite semiconductor. Back to where it is now forming a Double Bottom coinciding with Fib 0.618. 50% sale from ATH

Casvanick

CRM having SALE now I guess. Strong pivot resume coincide with fib 0.618.

Casvanick

No idea how significant inventory issue is, but clearly it can be fixed at some point in near future? How often Nike sp at this price? No harm nibble a bit down here. Strong pivot resume coincide with Fib 0.618, afterall a giant market cap of 131billion, no brainer.

Casvanick

Meta sp back to Covid low! Too cheap not to dip in.

Casvanick

Adobe sp back to Covid low. Is it still expensive? Worth a punt I guess!

Casvanick

MACD deeply oversold and crossed back up. Potentially 3 strong supports on the 200MA resume Lots of room on the upside. What other bad news left to come?

Casvanick

Semiconductor been hit hard recently, averaging down by nibbling some. Hoping for a bounce at 0.618.