- AMZN is trading within a well-defined ascending channel, respecting both upper and lower trendlines. - A recent breakout from a triangle consolidation pattern suggests potential continuation of the uptrend. - The price is currently testing the breakout level while staying above key moving averages, reinforcing bullish sentiment. - Moving averages (e.g., 50 EMA,...
Microsoft is showing potential for a bullish move, with volume contraction resembling the 'eye of a needle' pattern around key moving averages. The stock appears to be breaking out of a wedge formation, signaling the possibility of a move toward its previous high.
While the market may appear stretched in the short term, analyzing the broader trend since 2009 on a logarithmic scale suggests the potential for a bull run extending through the winter and continuing into 2025
Ethereum breakout from wedge, building momentum and a positive trend for short to medium
Potential long NVDA on break, 13% gain to resistance
wishful thinking based on trend and extended fibonacci
MACD sell signal in the Top of Trading range. Rejection at Ma200.