MSFT daily chart shows a potential price divergence and the 4 hr chart further support the potential of it. However, due to the strong 50MA line acting as support for the 1hr and 4hr timeframe there might not be any entry as of now till it overcome the 50MA line. All entry will be based on the 1hr timeframe.
Nike a potential divergence on the 4 hr chart. My entry would be base on the 1 Hr chart and overall price movement will be looking at the daily timeframe.
Apple becomes the first publicly-listed U.S. company to reach a $1 trillion stock market value. This was due to optimism about iPhone X, coupled with record share buybacks, have propelled Apple's stock 34 percent higher over the past 12 months. This had created significant volume for Apple's stock and I'm expecting it to hit $220 and above in the upcoming months.
I’m expecting BABA price to rise till the $230 range in the weeks to come, the potential price movement is evident on the weekly and monthly chart. This is especially so, with the price ranging between $208 to $170 since last year Sep. Thus, this breakout movement might signifies a greater movement upwards in the coming weeks. However, I do expect pull backs to...
Nike had been ranging between 70 to 63 price zone for the past few weeks. Recently, the price finally broke the 70 ceiling point and headed upwards. There were already signs to indicate this upcoming breakout with gradual uptrend within the range movement. I’m expecting a pullback to the 70 region which will be a resistance turned support region and the price...
Based on the daily chart, the price is expected to rise after a minor consolidation between 2473 to 2705. However, the key price point to take note would be 2800. I’m expecting some form of resistance around this region as the monthly chart does not show much momentum for it to break past 2800. If the price does break past the 2800 point it will definitely be...
The price broked the 50 MA line and it is expected to experience some pullbacks due to the overall market. However, I'm still bullish about Amazon overall price movement and I'm expecting it to hit the region of 1600. Possibly entering Amazon if the overall market is less bearish or the pullback is completed.
Potential long for Billiton which is showing a potential uptrend after a major pullback to the 200MA line. However, this is a smaller reward trade. Profit targeting at 1624 price region before a potential resistance zone.
For the past 2-3 weeks BTC had been rising from the 7000 price region to the high 9000 price region. It even broke the downtrend channel and it is expected to test the 200MA line. This is definitely something to look out for especially when it breaks the 200MA line. It will be a potential long to the 11780 price region before facing resistance. I would look to...
S&P500 is experiencing a major pullback with telltale signs of prices heading lower lows. Hence, overall the US market would be in a rather bearish state for the ongoing weeks. Due to many fundamental and technical aspect of the market contributing to this. Therefore, the area to watch out would be the price breaking the downtrend and even so there would be...
Netflix like all the other FANG equities is facing major pullbacks which pose opportunities for many long-term investors. As for short-term trading, Netflix is currently now ranging around the 200MA line of support and buyers have been pulling the price back up to the 200MA line. But due to constant news of trade war emotions had been running high in the...
Entry: 156 SL: 160.55 TP: 147.15 As seen from the candlesticks, the price had recently breached the 200MA line and so far buyers are unable to push the price back up. Hence, MCD is facing a possible change of trend based on the daily chart. Although the weekly chart still indicates an uptrend, however, a pullback is expected on the weekly chart especially with...
Entry: 1031.8 SL: 1009 TP1:1077.4 TP2:1099.8 The price had reached a crucial support area held by the 200MA line. As seen from the previous day candle it shows a significant amount of buyers pushing the price back up above the 200MA line. And from the past price movement, the 1000 price area had always been a solid support line for the buyers to enter. And the...
The S&P 500 had been a roller coaster ride for the past few days. And it will continue to be with so many headlines running across the news every day regarding looming trade wars, NASDAQ slumping etc. One key point that most traders have to remember is that although the price always shows the possible direction of the stock, it is also run by human emotions....