TPEX:4979 Luxnet had a strong rally above and has break into a new all time high. This confirmed the bullish outlook over the longer-term period and weekly chart shows a potential wave V in the making, with target at 292-336 region. Daily chart price action shows a bullish continuation after prices breaks above the pennant, with the support of strong rising...
NYSE:MMM has been on a corrective phase since 29 Jan 2018 peaks and it has been on a extended double three corrective wave based on the weekly chart shown. Furthermore, the stock has also broken out of the corrective descending channel, which marks the end of the corrective move. Currently, the stock is preparing for its 5th wave impulse move and should see...
long-term trend has been intact, and the recent break into a new high has sparked a new high for this producer manufacturing stock. However, will Trump's tariffs derail it? Regardless, DE.US could be a long-term play going forward. Price action The stock has broken out of the corrective pennat, confirming the uptrend resumption. Momentum Long-term MACD's...
NYSE:DE 's long-term trend has been intact, and the recent break into a new high has sparked a new high for this producer manufacturing stock. However, will Trump's tariffs derail it? Regardless, DE.US could be a long-term play going forward. Price action The stock has broken out of the corrective downtrend channel, confirming the uptrend resumption. The weekly...
JNJ is eyeing a potential bottoming out action after price action shows strong bullish buying pressure since 10 Jan 2025. Yesterday's bullish candle was stronger than usual and it has closed above the conversion and base line of the ichimoku. Long-term MACD is still bearish but mid-term Stochastic Oscillator has shown an oversold crossover. Near-term 23-period...
NYSE:CAT is looking at a potential rebound after strong price action is showing some bullish action in the midst. Price action The stock has broken out of the immediate over resistance after rebounding off the key 138.2% extension level of the previous diamond top pattern. Furthermore, there is a strong double test of the key support zone at 354-365...
NASDAQ:WBA has been on a decline for the whole of 2024 and until start of Q4 (Sept 24), the stock actually halted and went into a consolidation stage. This year saw some recovery after the stock posted good earnings and jumped more than 27% last Friday. We believe that the stock is heading for a recovery in the near term based on the following positive trend and...
SKILLING:US100 : AAPL has been consolidating for the past 4 months and is likely to breach past the key resistance at 236.03 as resistance is likely to be weakened.
TWSE:3008 saw a strong bullish recovery after it remain supported above the steady uptrend line which started since May 2022. Above all, the stock has also cleared above the overhead resistance and recent elevation above the Ichimoku's kumo further cement the bullish trend. As such, we are looking at a potential continuation ahead beyond 2,800. Momentum wise...
NASDAQ:LCID could be a bottoming out stock in play after it broke above the key long-term downtrend line since Nov 2021. Furthermore, the stock has broken above the bearish gap and if it could sustain above the levels: US$3.17, then it could be a potential bottoming out play. Ichimoku has shown three bullish golden crossover and the Stochastic Oscillator is...
NASDAQ:TER The official breakout of the falling wedge is a sign of bullish continuation and whats more, Stock has been on a steady uptrend since 2008 and is unlikely to fall for now. Hence, we are likely to see the stock edging higher, maybe even beyond 158 in the super long-term
NASDAQ:AUR is looking at a possible long-term continuation to the upside. Afterall, the stock has been on an uptrend since March of last year and the channel shown in the chart has been steady. Furthermore, the stock saw strong breakout of the flag and all momentum indicators plus Directional movement index is showing strong bullish momentum.
NSE:NIFTY has seen a modest recovery after a strong correction which started in 27 Sept. Though we do not dispel a possible rebound, the stock may also be in a larger 3-wave structure and the current rebound may be an upside B leg corrective wave. But nontheless, the index is likely to continue on its upside as Ichimoku has shown two out of three bullish...
NYSE:LLY Has rebounded after forming a bear trap below the key support of 743.12. Subsequent minor gap up and steady flow of upside has confirmed the long-term uptrend for LLY. However, I would look at 880.10 as my first target.
NASDAQ:COIN forms a larger expanding falling wedge formation and the larger 3-degree corrective structure is likely coming to an end as the ichimoku has shown a strong bullish trend right after the stock breaks above the kumo. The bullish kumo twist gave the best signal for bullish upside. Indicators: Mid-term stochastic oscillator has confirmed the oversold...
NYSE:SNOW is showing signs of bottom rebound after breaking out of the descending triangle and ichimoku is showing two out of three bullish crossover. Long-term MACD histogram is positive and stochastic has shown an oversold crossover. Meanwhile, volume remain healthy
NYSE:VRT is looking at a strong bullish upside after the ABC corrective wave has ended. Strong bullish break above 83.26 confirmed the upside.
NYSE:BMY is looking at a possible rebound going forward, especially after a strong gap up. Despite pre market is lower, as long as the selling pressure is not strong for the next 3-4 periods, it is a long-term buy