William-trading

William-trading

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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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...

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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...

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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...

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TSE:6315 Towa Corp's uptrend has been intact since March 2020. Despite a correction since 27 May 2024, the correction has come to an end after the stock broke above the falling wedge. Furthermore, the latest price action shows a closure above the ichimoku Kumo, which confirms the three bullish golden cross. The latest cross above 1,921 resistance turned...

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NYSE:RTX is looking at a renewed bullish upside after the stock sees strong bullish break above the falling wedge and as well as the ichimoku kumo, further indicating uptrend confirmation. The strong bullish break was also supported by the rising volume. Mid-term wise, Stochastic Oscillator is showing strong oversold crossover, indicating the upside....

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NASDAQ:AMZN is looking at a continuation of uptrend after a strong bullish break out of the flag formation. Breakout was relatively healthy as there isn't any parabolic break. We expect prices to continue its strong momentum and break above the key resistance at 233.70. Long-term MACD remain strong and healthy. Stochastic Oscillator though confirmed the...

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NYSE:ORCL Trend has been well respected within the uptrend line since Oct 2022. Despite a larger than expected correction from 9 Dec 24 - 14 Jan 25, the stock managed to reverse higher after the reverse of the tik tok ban. The strong bullish bar break above the falling wedge with strong volume will support the stronger upside continuation. Key support at...