NASDAQ:GOOGL is looking at a possible short-term recovery after the stock has shown significant bearish exhaustion. 1.) Prices dip below the key support with spike in volume. Suspected manipulation or bear trap. 2.) the whole corrective move since Aug 2024 is in a bearish corrective flat structure. Meaning to say, that the stock may find its major support at...
NYSE:KO had enjoyed a strong upside since Jan 2025, netting a gain of more than 20%. However, recent price action has suggest that Coke is looking at a near-term correction after a bearish morning star was see forming at 72.00 psychological resistance. Furthermore, the stock has formed a bull trap where it fails to close above 3% after breaking 72.00. MACD...
NYSE:MOH is looking at a bullish continuation after the stock saw a break above the falling wedge formation, confirming the upside continuation over the longer-term period. Strong bullish break above 340.00 further confirms the upside. Long-term MACD is looking at a strong long-term bullish momentum after the MACD/signal line is rising and histogram is...
NYSE:HRL has formed a large descending triangle and a potential double bottom formation. Given the upside momentum, there is a strong chance of HRL trending higher after breaking above the descending triangle. Long-term MACD is looking at a strong long-term bullish momentum after the MACD/signal line is rising and histogram is positive. Stochastic has been...
NYSE:DG has confirmed its rounding bottom reversal and it has also broken above the downtrend line which started since March 2024. Furthermore, the breakout was supported by strong bullish candle and high volume, above the 20-period average. With the strong momentum, the stock may move to filled up the large bearish gap between 94-120 range. Long-term MACD is...
NASDAQ:MSFT is looking at a potential bottoming out after the Microsoft has formed a bullish morning star pattern above 123.6% Fibonacci extension level of 383.73-455.48 range. Furthermore, the strong bullish bar was seen closing above the gap and the previous resistance turned support low of 377.16. Ichimoku has yet to show a clear bullish trend but the slight...
TSE:7951 is looking at a potential reversal after the stock formed an inverted head and shoulder formation. Furthermore, the stock has broken above the bearish gap down zone, indicating renewed buying pressure. Hence, we believe that the stock is likely to edge up higher after long-term MACD momentum is showing signs of return. Weekly chart shows a larger...
The DJIA is looking at a crossroad and based on Wyckoff schematics, the index is looking at a possible distribution BUT the current price action is tilting towards a re-accumulation phase as the SOW (Sign of weakness) is not in yet. We think that the rebound is likely to happen TODAY. However, we would want to see a break above 43,100 resistance to confirmed the...
NYSE:F Ford is looking at a possible resumption of upside after the stock broke above the downward sloping line of the descending triangle. Furthermore, the stock has 1.) Clear closure above the bearish gap with strong bearish candle 2.) Inverted head and shoulder is in the picture. Ichimoku is showing early signs of a bullish reversal. Long-term MACD is...
TWSE:2303 Micro Electronics is looking at an early bottoming out reversal after price action broke above the downtrend line and today was edging up higher with steady flow of volume. Furthermore, Ichimoku shows steady uptrend and is a strong reversal. Momentum from long, mid and short-term are looking at a bullish momentum in unison. Long-term uptrend from the...
TPEX:6488 Globalwafers is looking at a possible bullish rebound after price action shows strong upside. All momentum indicators are back to the upside and is likely looking at a strong momentum going forward.
TSE:6141 DMG Mori is looking at a strong bullish upside after the stock has seen a strong reversal at the base of the channel. Looking at the weekly chart, the stock has been on a steady uptrend since 2013 and stock recent price action on the weekly chart also sees DMG being supported above the 200-EMA. 14-week period RSI saw rising momentum when the lows are...
XETR:BAYN Bayer is looking at a possible rebound after the stock rose strongly and attempting to break above the bearish gap seen. Ichimoku is showing a strong bullish signal and we believe near-term should see further upside. Long-term MACD is back to the positive. Stochastic confirms the bullish momentum and has yet to see overbought signal yet. 23-period...
NYSE:CL is looking at a potential rebound to the upside after the stock actually broke above the falling wedge and has filled and trade beyond the bearish gap highlighted in the chart. Ichimoku is showing a clear bullish signal as the leading Span A and B will likely perform a crossover (Bullish twist). The stock also closed above the resistance turned support...
NYSE:HSY Hershey is looking at a potential bottoming out after showing strong bullish breakaway gap on 6th Feb 2025, first sign of a strong bottom rebound. Furthermore, the stock has formed a v-shaped bottom pattern and recent bullish candle has closes above the ichimoku's cloud, making the latest sign of a strong bullish confirmation based on ichimoku signal....
NYSE:CRM is looking at a potential strong bullish continuation after the stock has broken out of the bullish flag with a huge bullish bar with the support of a spike in volume. Furthermore, the stock has been in an uptrend channel since Dec 2022 and it is likely to continue higher. Hence, we are adding on to a buy position on CRM with near-term target price of...
NASDAQ:ZS is looking at a potential break to the upside after the stock has crossed above all ichimoku indicators. Additionally, long-term MACD is showing a constant steady flow of upside momentum. Beside that, mid-term stochastic has rebounded above the 20-oversold line with %K and %D crosses, rising up in the process.
NYSE:TRV Travellers is looking at a continued upside after a mild correction at 27 Nov 24. The double top fails to conclude a 1:1 move and rebounded heavily. Currently, the stock rose above all ichimoku indicators and the stochastic plus the ROC is showing signs of rising bullish momentum. Hence, we are looking at a buy to US$300.00 on a longer-term basis