ASML....I am bullish on ASML but I think we will hit about 950 before pulling back
I think SPY is setting up to drop further to my yellow line...maybe around 390 - 400...Im sure there will be bouncing until then...just have to wait until the bearish divergence to play out.
Its a lot going on in this one chart....theres bullish and bearish potential....we are still in a down trend but lets see what happens at the main resistance level.
I think we will touch 390-388 before we get a bounce before filling the gaps below...or it could fall through this channel now to fill the gaps
No matter how I slice it...it looks like its going down before going up....seems we have a head and shoulders pattern playing out...along with a Gartley type pattern heading down to about $1.77....however for now I am overall bullish because it seems we are making a larger inverted head and shoulders pattern but need more confirmation before claiming that setup just yet.
Bearish divergence taking place...where the stock price was going higher as the MACD was decreasing ...has more room to drop than continuing upwards
This thing looks crazy bullish for the time being....I know there are other resistances on the lower timeframes that it must get pass..this is my long-term outlook
Let see if this area can hold...on the 4hr there is bullish divergence developing with the MACD...a harmonic pattern seems to be developing with the parameters...but there is also a chance we go down further to touch other possible trend lines...
RBLX is back within this wedge...while it is at a pattern completion zone at the end of it harmonic which could turn out to be bullish....it does have a gap to fill but as of right now the gap is acting as support....we will see
ASML- this chart is in Log scale...but we have bounced within this channel....now we are making higher lows and higher highs moving towards the top of the channel. On the smaller time frames we are flagging and should (hoping) it breaks out bullish...with chip makers on the rise and earning for ASML is coming up in Jan..I think we have a good chance to see higher prices.
As of right now in the prehours...this sure does look double topish....but we know this thing is a beast and a lot of factors are in play for its movement....lets see if we get that end of the year rally!
Good area to accumulate for long term. Almost close to is 2020 covid lows
FB or meta seems to be forming bullish patterns with divergence....if this holds then we could see highs soon
Short term bullish...but could see a nice pull back...lets see
Looking bullish.....it broke out of the pattern...we will see what happens