pravenmoorthy

pravenmoorthy

DOGE is still holding a very critical support. If breaks and closes below the support then it might be a free fall to 0.12633220. For DOGE to turn bullish it must take out the resistance at 0.19388891.

pravenmoorthy

Daily 15min Report BTC is in a potential bear flag. It is consolidating after a big move. If the support is broken at 42282 then it is headed to 40K. If it breaks to the upside I would be cautious because it might just be a fake out. If it does breakout a retest must confirm it since we are in a bearish context. I would look for a bearish cross on the indicator.

pravenmoorthy

MSFT broke and closed below support. It also filled the gap and the gap is acting as support. It also closed below the 100day moving average. That has not happened since Jan2021. If tomorrow MSFT opens or crosses back above the new resistance at 316 and closes. Then we might likely see a dead cat bounce to the 328 level before it sells off. If the support is taken...

pravenmoorthy

Daily 15min report SPY leaving a Dojo on the daily. The resistance at 470 level held up very well today. The 465 support level is the key level to watch tomorrow. If 465 low is taken out then the bear flag will play out which will take it down to 458 support. If the upside resistance is taken out then the next level of resistance is 473.

pravenmoorthy

Intra-day Report SPY having a major sell off. There is a gap support at 487.77. But I think it is headed lower to the 462. It also broke support on the daily. So any run up from now on will be meet with sell off.

pravenmoorthy

Intra-day Report SPY is trading in a channel. Look for a breakout and retest. The full measured move in either direction is the purple vertical line. Staying neutral until a breakout.

pravenmoorthy

Intra-day Report QQQ could be potentially bottoming for the day. It is having a positive divergence on the RSI. If the level holds we can see QQQ run to 397.

pravenmoorthy

ETH looks like it's getting ready for a big move. A break in either direction will set the trend for the next leg. Staying neutral to bearish until it can make a decision.

pravenmoorthy

ETC looks like it's getting ready for a big move. A break in either direction will set the trend for the next leg. Staying neutral to bearish until it can make a decision.

pravenmoorthy

RBLX tried to break below today and failed. It is still in a downtrend. A break above the top trend line can give it some bullish momentum until then it is bearish.

pravenmoorthy

Daily 15min Report Another red day for MSFT. It is having a positive divergence on the RSI. Look for support at 324 and 317 levels. If it can break back above 330.46 and retest then it have changed in trend and the upside target would be 336 level resistance. Staying short until it can break above a resistance level.

pravenmoorthy

Daily 15min Report BABA looking for a breakout. It did put a potential double bottom today at the fib golden pocket retracement. If it can break the top trend line then the price can easily head to the 127 level resistance.

pravenmoorthy

Daily 15min Chart Report QQQ broke support at 397.16 earlier in the day and found support at 393.16. In the power hour QQQ rallied to the previous support which is now resistance at 397.16. It did get a rejection at that level as expected. QQQ can head back down to 397.16 to make a potential double bottom or it can break 393.16 and head lower. As of now the...

pravenmoorthy

TSM finally breaking out. A full measured move will take it to 142 level. Earnings coming out next week. Will be a good entry on a pull back.

pravenmoorthy

ARKK looks like it's getting some life. We are seeing some high volume green days. It look like it is forming an inverse H&S. A break above the top trend line can take it to the 105 resistance.

pravenmoorthy

Weekly Chart Report WMT on the weekly is sitting right at resistance. A break above 145 can take it to 151 level.

pravenmoorthy

BTC holding the support for now. It needs to take out 50K to show some bullish sentiment. If it starts to consolidate at the current level then we could have a potential bear flag. We are getting a positive divergence on the RSI. A close above the 52K will set a double bottom reversal.

pravenmoorthy

Daily Chart Report ASO had a nice rally from the bounce off support at 38 level. It is now sitting at the upper trend line which also lines up with the golden pocket. We could potentially see a retracement before it makes the next leg up. If it breaks then the price target would be 47 level.