scottzilla

scottzilla

📊 Meta Platforms (META) has pulled back from its recent high of $740.88, but signs are emerging that a bounce may be near as price approaches key support levels. With the stock now oversold, buyers could step in for a potential recovery. 🔹 Why META Could Rebound Soon ✅ 1. RSI is Oversold (38.75) – The RSI has dropped below 40, which historically signals a buying...

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Apple (AAPL) is trading within an ascending channel on the 1-hour timeframe, showing a clear short-term uptrend. However, the price is approaching a key resistance zone at $245.50, which aligns with the 0.854 Fibonacci retracement level and a previous supply zone. The stock's next move will be crucial—either a breakout above resistance, which could signal...

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META is forming a strong ascending channel with consistent higher highs (HH) and higher lows (HL) on the 1H chart. If this trend continues, we could see a push to $630 today. Here's why: Key Observations: Higher Highs & Higher Lows: The last two breakout moves gained approximately $2 each time, suggesting a similar breakout could push us to $630. Support...

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NVIDIA (NVDA) has been consolidating within a defined range, and indicators are flashing early bullish signals. But is this the start of an uptrend or just another fakeout? Let’s break it down: Key Technical Indicators MACD Crossover Forming MACD is turning upwards with light green histogram bars emerging. A bullish crossover could confirm the momentum...

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Key Observations: Breakout Attempt – Price has pushed above previous consolidation, testing a critical resistance level. Declining Volume Trend – Despite the breakout, overall volume has been decreasing, which could signal weakness. However, there was a slight volume spike during the breakout. Trendline Holding – The upward-sloping trendline suggests bullish...

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Amazon (AMZN) is currently trading within a range, indicating a phase of accumulation where smart money is positioning itself. The selling volume remains strong, suggesting that the bearish pressure is not yet exhausted, and we could see further downside movement. Key technical factors: The price is respecting a descending triangle pattern, with lower highs...

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At the moment, we're seeing accumulation by the whales following a recent sell-off, which also filled the gap from 2/10/2025. It's important to note that this was a sell-off with no significant downward momentum. For a clearer picture of the accumulation, check the lower timeframes (1-5 minutes). The price remains within the current SPY range. On these shorter...

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Disclaimer: This is not trading or financial advice, just current speculation: BA is currently testing support at the 0.382 Fibonacci level (181.75). The RSI and MACD indicators suggest a potential breakout to the upside. If the price breaks above the current range at 182.02, it could move toward 182.59. After that, the next resistance is at 182.80, followed by a...

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AMD has setup what looks to be a bullish flag on the 7D. Touching support on the 0.118(115.27) buyers picking up liquidity at this area prior to JUN 2023. Volume shows sellers running out of pressure. If this setup is confirmed we can be looking for an upside back to the resistance level of 1(205.57).

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WDC on the 15 Minute has started a bullish divergence on the RSI, MACD and lower lows on the chart. Crossing above the 50% line on the RSI indicates this upside can chop in this range while buyers load up or it can test 66.08 on the fib. If a candle is held above 1(66.08) then we should see a test to 1.618(67.52).

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RSI has lost upward momentum MACD has begin a path to crossing, the same for RSI. FIB is showing resistance at 0.786 ($231.61) Downward momentum to 0.618, if price falls below 0.786 FIB level and holds. This is not financial advice.

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Choppy sideways action. It seems to be setting up a bullish divergence on the daily. If it can get above 177.76 and hold then the next resistance point is 181.12. Currently it has a lot of upward buying momentum that could take it to both of those.