Stockthunder

Stockthunder

On 2 H chart Apple forming a rising wedge and respecting lines so far With a tight stop opened a put trade (185P 21-J-23) on Friday before close. Above 188.5 stop and below 185 target 177-178 Technical review, Apple has been trading by algos for a long time. Momentum decrease and MACD started to curl down side. Have a good weekend folks.

Stockthunder

there was a paralel channel between 1995-2023 and MXN was swinging between lines, It's not easy to break down a 23 years old channel, if there is no solid actions in the future, something beyond of your usual ideas. your mind may say its a bottom, MXN has to be traded between 19.50 and 21 but its not and it will not. Reasons; 1- Mexico has the highest currency...

Stockthunder

Apple 166 - 157 next targets, especially testing trend line is a healthy pull back Momentum decrease, weekly MACD curling to downside

Stockthunder

All about perspective and leaning bearish for AAPL Negative RSI divergence. YTD over 21% up and we didn't see a healthy pull back yet. Just be cautious above 160 bearish thesis invalid but below 157 and especially below 152, AAPL may fall harder than what most thinks

Stockthunder

Before the new highs Apple may make a new 52 weeks low, not just saying it because of slowed economical growth in US, global macro economic data or Apple's missed earnings. Looks like there is something bigger than all of them. Geopolitical risks and focused biggest Market share in the world (China). Because of the geopolitical risks, share holders was pushing so...

Stockthunder

Google might be a good company, but there is no mercy for weak earnings There is a lot of bad news in near past, you might think all cooked but looks like it didn't yet White paralel channel was forming since 2015 and orange channel since 2021, assuming it will re-test bottom line of white channel around 70-72

Stockthunder

Apple wave count and Fibonacci showing price action was normal, needed some positive news and it came out from Morgan Stanley My chart showing 151.66 strong resistance and below 150.18 confirmation of $136 Next week FED president will testify in front of senate on Tuesday and Wednesday Also Unemployment rate of February will come out on Thursday morning. Have...

Stockthunder

Apple weekly close nasty below 50-100 SMA and heading thru 100 range, MACD started to give sell signal on weekly

Stockthunder Updated 

Fundamentals (earnings) and technical doesn't support rally. Apple one more time in the overbought territory , MACD and RSI good indicators. If we look into previous earnings almost same price action performed by market makers. Assuming today most of the buy pressure came from Apple's buy back program. Earning was one of the worst since 2016, most of investors...

Stockthunder

January was best month for new TSLA investors and after the revenue results , witnessing most of the retailer investors started to invest heavily in TSLA, Thursday and Friday's volume were proof. For saying bears gave up on shorts, its early, because TSLA still 58% down from last year's high. Just marked some support and resistance points on chart. Time to being...

Stockthunder

One of our favorite formation, if ER beat estimations, target 168 in very short time.

Stockthunder

On weekly Chart, TSLA investor witnessing a huge falling wedge. If TSLA can bring some positive news, We might see a breakout after earnings. (139-137) and in bullish case my target is 230 before October 2023 Positive indicators, Increased volume- In December Tesla volume went parabolic and candles are doubled. RSI-Positive divergence, Falling price and...

Stockthunder

There is no prediction or technical analysis possible. Low RSI, Positive Divergence, MACD or trend lines don't give signal Big money playing with phycology as always. Right now only seeing chaos, overreaction, emotions It could reverse but question is When?

Stockthunder

AAPL extending gains 30% in 2 months without any correction. Reasons, 1- Safe Haven- According to Retailer investors; Apple is safe haven better performer than any other ticker but there is no safe haven, there is money traps. 2- Indices- If you would like to keep indices up, One easy way keep up some heavy tickers like AAPL,MSFT,AMZN,GOOG Conclusion if SPY...

Stockthunder

AMZN didn't make well, 2 quarters in a loss for 124 P.E company obviously not good. But it had to done ABC impulse before next leg down. Last Thursday Amazon hit 1.618 fib. and started 5th (last correction) wave. Before November I believe AMZN will complete correction phase around 72-75 Trade Safe, Have a good weekend folks.

Stockthunder

Apple forming a rising wedge Test 150 resistance and decline all the way down to 146, below 146 target 133 Rinse and repeat

Stockthunder

AMD chart divided three part 1- July 2020- July 2021 consolidation period 2- August 2021 tech boom and January 2022 crush 3- April 2022-April 2023 consolidation period (currently where AMD price action ongoing) I believe AMD tested bottom today and bounced back. Investors showing overreaction to Micron revenue guidance for Q3, Long term positive Mid term...

Stockthunder

China will end covid lockdowns on June 1, production + supply chain issues solving. 8 straight weeks red Apple, most likely we can see a relief rally in coming weeks.