William-trading

William-trading

TWSE:2344 Winbon is strong and strong from the bottom. Ichimoku shows three bullish golden cross and the strong run up from 12th Feb is supported by the spike in volume. Long-term MACD has turned bullish, supporting the strong run up in long-term momentum. Stochastic oscillator has confirmed its oversold crossover and is starting to turn bullish. DMI...

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MYX:LHI has completed its short-term bearish correction after breaking strongly above the overhead resistance. Short-term bullish momentum is confirmed after 23-period ROC rose sharply above the zero line and formed a bullish divergence. To add on, the stock's major uptrend remain intact since 2022 Oct. Initiate a buy at 0.630 or limit buy at 0.545

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TSE:6677 SK electronics is looking at a possible continuation after 1.) It gapped up from immediate bottom and broke out of the falling wedge on good earnings. To add on, the stock's bullish momentum is back after long-term MACD rose from the bottom after it has perfromed a crossover. Histogram is positive. Stochastic confirmed the oversold crossover and...

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TSE:5597 Blue innovation is looking at a strong bottoming out reversal as strong bullish pressure is seen breaking out of the 1-year downtrend line which started since Dec 2023. Furthermore, the long-term MACD has crossed below, in tandem with stochastic showing "Rising oversold crossover". 23-period ROC has also risen above the zero line. Hence, mid-term...

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TSE:6862 is looking at a strong upside resumption after strong bullish marobozu enters the bearish gap resistance zone at 887-1025. Price action is strong as major uptrend remain intact since Maarch 2020 and secondary uptrend channel since August 2024 is sustaining well. Ichimoku shows a strong bullish uptrend signal. Long-term MACD is showing sustained...

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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.

William-trading Updated 

The formation of the larger falling wedge is pointing toward a potential reversal pattern ahead and though MACD is showing a downtrend, the price chart selling was rather weak hence, I would think that the upside is coming. Price action-wise, the bullish engulfing on Tuesday was followed through with higher prices on Wednesday itself before the market closed for...

William-trading

NASDAQ:GOOGL May be seeing a new high after testing the psychological resistance at 200.00 multiple times. Furthermore, the stochastic shows overbought crossover but no strong correction is in place. in other words, the overbought signal is indicating strong buying interest rather than weakening expression. Also, price action signal higher lows within the range...

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NYSE:CAVA corrective 3-wave structure is confirmed after prices have broken above the overhead resistance and are likely to trend higher. The latest bullish bar is strong and is expected to see significant upside, especially if it can break above the immediate resistance at 145.78. Ichimoku shows two out of three bullish crossover and stochastic has confirmed...

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NYSE:NKE looks at a strong potential bullish reversal from the bottom after price action suggests a double bottom forming. Furthermore, the stock is looking at a potential upside as well after it has broken out of the falling wedge formation. MACD histogram is slightly positive while the mid-term Stochastic Oscillator has performed an oversold crossover....

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TSE:5108 Bridgestone's major trend of 10 years has always been strong and recent correction which started in May 2024 seems to be finished after the stock has closed above the overhead resistance and downtrend line. Furthermore, the break above the key support turned resistance at 5,584 is strong, which sees a new high. Momentum is back to the upside especially...

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TSE:5253 Maintain a buy for Cover as resistance has been weakened due to multiple testing. Momentum so far remains steady on the upside. Only risk is the corrective structure down to test the lower support.

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TSE:6758 Sony is exploring a possible continuation to the upside after the stock has confirmed the breakout from the re-accumulation range. All long, mid, and short-term momentum indicators indicate a steady flow of upward momentum. The Ichimoku shows a consistent uptrend confirmation, with prices trending above all five indicator lines, and price action remains...

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TSE:5032 is looking at a strong bullish upside after breaking above the downtrend line that started in Oct 2022. Furthermore, the stock has formed a series of higher highs and lows and successfully closed above the gap resistance turned support zone of 2721-3020. All momentum indicators are seen rising, which confirm the bullish momentum. Trend is strong and the...

William-trading

NASDAQ:SBUX is looking at a potential break to the upside after the stock forms a rounding bottom at the lower gap support of 89.22. Ichimoku has formed a three-bullish golden crossover and momentum is seen returning to the upside. Directional movement index is supporting the bullish strength and Volume is in a healthy expansion. Should there be any...

William-trading Updated 

The Dow had a strong dip yesterday and this shows a price in exit after the Fed announcement yesterday. Due to the sudden drop that coincides with the pocket of support at 41,700-42,300, the DJIA may signal a possible rebound. Despite declining momentum, the psychological of the market and price action signal maintain the uptrend sentiment. Hence, we maintain our...

William-trading

NASDAQ:NVDA is looking at a potential rebound after completing its 3-wave structure as prices saw a sustained rebound at 117 region, which coincide with the 138.2% Fib expansion level of wave A-B. Right now, upside seems to be an corrective upside and may hit 135-148 region before hitting a resistance.

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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...