MAGNA -- NICE GROWTH CHART forming - riding a channel upwards. EVs and self driving Magna’s stunning performance could be a long-term trend. That’s because the company is gradually establishing itself as a key player in the electric vehicle and self-driving spaces. The company recently inked a deal with LG to start manufacturing batteries for electric vehicles....
TELSA coming down to the 61.8 FIB line....for possible area of SUPPORT Fibonacci - In technical analysis, a Fibonacci retracement is created by taking two extreme points (usually a peak and a trough) on a stock chart and dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8%, and...
TESLA - looking for support. 618 FIB. RETRACEMENT BLUE SHADED AREA - LINE. A PULLBACK IS IMPORTANT ---- TO TAKE A PAUSE AND RECHECK before a ride can continue. ALWAYS LOOK FOR SUPPORT LANES... to buy the dips when possible. FROM NEW YORK TOP ANALYSTS: The average price target is $603.83 with a high forecast of $1,200.00 and a low forecast of $67.00. The...
BLDP - Same chart in Candles charting showing reverse support with a cross setup. hitting the 50 MA and --- Fibonacci to the 0.50 line KEY: 50-day moving average Stock price above the 50-day moving average is considered bullish. Stock price below 50-day moving average is considered bearish. If the price meets the 50 day SMA as support and bounces upwards, you...
Possible support here at the 50 MA and the 0.5 FIB line. as additional support. Possible reverse soon... The average price target is C$48.60 with a high forecast of C$53.31 The average price target represents a 25.77% increase from the last price of C$38.64. 7 Analyst Ratings giving it: 3 Buy 4 Hold LARGE institutions just bought more $7.2 Million today. Feb...
TESLA - on the 50 MA!!!! as predicted - possible turn in direction coming..... Thank you. KEY: 50-day moving average Stock price above the 50-day moving average is considered bullish. Stock price below 50-day moving average is considered bearish. If the price meets the 50 day SMA as support and bounces upwards, you should think long. Stock price meets...
TESLA ---- as mentioned COMING BACK TO 50 MA. (I wrote - chart - on this back on January 29). That when there will be a pull back (if occured) it will come back to be closer to the 50MA. Basically we are right there now, pretty close now. All stocks have to retrace a bit... this is normal. Is it done in the falling of its price hard to say... but it is coming ...
Yeti Holdings was falling Friday, as Citigroup warns that the cooler maker may struggle to keep its rally going. Analyst Wendy Nicholson downgraded Yeti (ticker: YETI) down to Neutral from previous Buy, while raising her price target to $85 from $69. Tough to keep it going... I think... The stock is up almost 400% from its low in March 2020, and Yeti easily...
MAGNA - Normal pullback on the channel expected as seen for now... should have some support possibly.. It is RIDING the weekly channel upward for quite a few months...with pullbacks on the FIB.382 LINE AREAS consistent. Looking for some strong volume to change direction next week. It is quite a bit high above the 50MA, so some cause for concern....but may depend...
Much closer now staying in line with the 50MA LINE which I mentioned in my last post. Maintains Deutsche Bank: to Buy 1/28/2021 Maintains Roth Capital: to Neutral 1/28/2021 Reiterates Credit Suisse: to Neutral 1/28/2021 Maintains RBC Capital: to Sector Perform 1/28/2021 Maintains JP Morgan: to Underweight 1/28/2021 Downgrade JMP Securities: Market Outperform to...
We are at the end of the week. Nice run. Next week will be interesting to see... AS IT NEEDS TO CONTINUE ABOVE BREAKING THIS TOP CHANNEL or will reverse... Volume seems to be diminishing at this point in time. MAY LOSE momentum and possible reverse to bottom of channel as seen. If we get a big push from the DOW upward, it may pull stocks and the markets higher...
MICROSOFT STARTING TO LOOK GOOD. Charts are riding a nice wave along the 50 DAY Moving average. Each time it got near the 50, it bounced UP. STRONG Bullish Triangle with strength on positive OBV. Strong INSTITUTIONAL BUY IN on this day Jan. 15th of $521 Million USD. $0 sold. CONTINUAL HIGHER LOWS. Institutional BUYS can be seen on WEBULL MSFT stock. It can be...
BNTX - positive movement on news climbing over the 50 day MA. solid institutional BUYING occurring over the last couple days...seen on webulll. CHANNEL day charting...IT STAYED ABOVE THE PREVIOUS DAY CLOSING mark of 100.39. (low of the day was 102) KEY: 50-day moving average Stock price above the 50-day moving average is considered bullish. Stock price...
TESLA which is at an all time high --- but regarding technicals has climbed way too high for its own good. Even Elon Musk has taken profits off the top. If you are watching technicals it may come back to meet the 50 day MA --- before it continues to higher highs again........ It bounced UP off the 50 day MOVING Averages in the past....as a history of how the...
MARA will stall at some point...as it has run up too much. FIB eventually RETRACES to 618 levels or to CLOSE A GAP that was seen earlier.... at that time it will also be near the 50 MA ___________________________________ Disclaimer: Always do your own due diligence, full research, and homework, and consult with your own licensed investment professional before...
DOW JONES -- Healthy ride may change the trend lines UP ---- the channel may change as it is breaking out above the trend line that it was on..... signalling further strenght as we head into 2021 with a BIDEN PRESIDENCY....who will be stronger than previous. It is staying above the 50MA. which is strong bullish trends...as we see it. for now. Happy New...
SNAP - hit FIB 618 line a BACK ON DEC 28th --- then holding once more at the fib 50 ---- now its is bouncing UP with solid moevement for today!! RSI in good shape --- solid week for DOW helps move everyone up.... through the week ----- IT should continue the momentum... as 54.71 recent highs may be reached soon...and passed
MODERNA. bouncing OFF the FIB 618 support line - almost a month of decline pulling back down, to a level now of fibonacci retracement at the 618 level ---- as support for the moment. Possible redirection seen. Alwasy good when the DOW is up significantly...for all stocks on a green day. RSI --- very low below 20. which adds to the support...for room to move up...