sgzaman

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VICI made a nice rounded bottom pattern in the daily chart and waiting for a breakout. The weekly chart also formed an ascending triangle. If it could make a breakout above 26 watch for 29 levels.

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NIO made a big bearish engulfing candle on the daily chart which is the first sign of a reversal but we need more confirmation. In the 65 min chart, it made a shallow pullback and bounced from EMA50 and it may resume the uptrend. Unless it takes last swing low (HL) at 38.00 I'm bullish about it. The final support is around 34.20 (WMA200). Let's see.

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$UBER made a nice move after a breakout from the cup and handle pattern. It filled the last gap created by it. It seems the pullback is over and likely to resume the journey. The entry and exit are marked on the chart.

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$SPX ( S&P500 ) as of November 13, 2020: SPX increased by 48.14 (1.36%) points. SPX penetrated the range boundary again but closed within the range, marked as a pink rectangular box. Though we anticipated a sideways move the SPX made a higher high today. It is likely that the up move will continue and we may see a new high soon. In the weekly chart, we got a...

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$MTD made an all-time high with a gap-up on November 06. Next three days it almost filled the gap and last day it made an effort to resume the journey. As the trend is very strong it is likely that it will touch the all-time high again. If we could take a position at open the stop-loss will be below 1122.80 and profit target may be a new high.

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SPX ( S&P500 ) as of November 12, 2020: SPX decreased by 35.65 (-1.00%) points. SPX failed to make a breakout from the range for now and closed below the neckline of the double bottom pattern. If it continues the decline it may get support around EMA20 and EMA50 at 3456 and 3410. But if it resumes the rally, the range boundary around 3588 will act as resistance...

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SPX ( S&P500 ) as of November 11, 2020: SPX increased by 27.13 (0.77%) points. On November 09, 2020, SPX made a gap-up and broke out from the neckline confirming the double bottom("W") pattern. But the higher price was rejected and we got an inverted hammer candle. Next day it filled the gap but the lower price was rejected and we got hammer type candle. In the...

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$AWK is in strong uptrend and making higher lows and higher highs in the daily and weekly chart. In the daily chart, it made an inside bar and it is likely that the uptrend will resume making a higher high. A buy signal will trigger if the price goes above the high of mother bar @ 162.84.

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$GE formed a nice rounded bottom pattern. It's moving forward by making higher highs absorbing all the supplies. Now need a volume spike for a breakout from the neckline of the rounded bottom pattern.

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$WELL Going to Form a double bottom pattern in the daily chart and a symmetrical triangle in the weekly chart. But it needs a high volume to pass through the supply zone. t.co

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$DAL Made a Cup & Handle Pattern and symmetrical triangle breakout both in the daily and weekly chart.

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#KEY Nice double rounded bottom pattern in the daily chart and a symmetrical triangle breakout in the weekly chart. The inner rounded bottom pattern made a higher high and on the verge of a breakout from the neckline(edge). If it could make higher highs and higher lows it is very like that it will reach the neckline of the broader rounded bottom pattern and...

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#CFG Daily and Weekly Charts. It is creating higher lows and higher highs for a while absorbing the major supplies and forming a rounded bottom pattern. It is sitting above all the major moving averages denoting a strong uptrend is forming. The next supply zone is around 32 levels and we may see some reaction and a higher low before reaching the supply zone. We...

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#CMA: It's in a range expansion mode, after breaking out from Range-1 it's moving towards Range-2 breakout. But we may see a reaction at the Range-2 breakout zone before the breakout. Let's see.

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$WMT is at the verge of a breakout. It's in strong uptrend and making HL and HH. If could make a successful breakout we may see it around 150 level and a new ATH.

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$AMD also made a double bottom pattern but needs to move above 88 for the neckline breakout. If it could break 88 then we may see it around 93-94 level and may new ATH.

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$MSFT made two gap-up in a row and paused at the neckline of the double bottom pattern. Last day it filled the last gap and closed near the day's high and made a hammer candle. The moving averages made the golden cross. As the momentum is still high we may see a breakout and it may face resistance at 229-233 level. The weekly chart made a WRB candle and likely to...

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$NVDA made a double bottom pattern and made the neckline breakout with 20% higher volume. The next resistance is at the all-time high at 589.07, breaking of which will make a new ATH. We need to watch the 590 level, it may react at this level and make a higher low for resuming the uptrend. As the participation is gradually increasing we may see a new high...