Trading_Consults

Trading_Consults

The AAPL chart shows a clear ascending channel, indicating a long-term uptrend with oscillations between support and resistance levels. Bullish Case Ascending Channel: Price is moving within a well-defined ascending channel. The lower trendline (~$210) acted as strong support during recent pullbacks, confirming the trend's integrity. Indicators: RSI: At...

Trading_Consults

The chart for Airbnb (ABNB) on the weekly timeframe suggests a potential inverse head and shoulders pattern, which is typically a bullish reversal signal. Inverse Head and Shoulders Formation: The chart clearly outlines a left shoulder, head, and right shoulder pattern. This structure often signals a reversal from a downtrend to an uptrend. The neckline (blue...

Trading_Consults

Disney Weekly Update: Technical Analysis (03/02/2025) In this analysis of Disney's weekly chart ( NYSE:DIS ), we observe key technical developments: Major Resistance Breach: The price has broken above a long-term descending trend-line, signaling potential bullish momentum. Consolidation Zone: After the breakout, the price is consolidating in a tight range near...