Couldn't have said it better myself. With the end of the correction, we should see better results to regain some composure in the broad market.
It is one of the best companies for market cap, price sentiment, volatility, new products, record sales, and the beginning of a futuristic outlook that would allow it to stay above 120 and keep plugging away. Fundamentals are set in motion, looking for a higher high, but this is normal behavior after an almost 6% drop to regain a 2%+ recovery, and setting up for...
The Divergence at the MACD level with an RSI of all-time highs, Stochastics a sense of more entitlement maybe, Bollinger maximum, massive candle could entice more buyers but with last analyst $113 the most $110
MACD divergence RSI almost 80 stochastic double 🔝 Bollinger maxed out not much news, and the maximum rating is $49, which was in 2022 strange put options buying for nov24 $17.50 purchased in June. My guess is to get set to recharge 36-40
It seems to be heading across this line, but in case it doesn't, it could drop to 334 from 348 or 315, a few areas of support in a very bullish uptrend, until I see something remarkable.
What a number to carry this patriotically to the 2000s would be an exceptional finish to what's been a specular ride from the moment we alerted you about it.
A different POV on this one but after today's close and RSI looking for some headwind to close out of its jump to resistance and beyond 70.
Whether the momentum continues with other stocks, the market air or the fact that it's back to business after an eventful 4th of July. I'm seeing all the signs of bullish sentiment.
the last leg up lasted for 38 points before retracing 16 and now at 25 higher I think there is a squeeze coming before it dips.
The resistance hit is a slowdown of buyers which could mean there is going to be a correction causing the ticker to make a retrace.
I can see sideway movement up and down could impact the box, then either break below the line or accelerate with earnings around the corner. Right now, I'm short until the ER.
With everything bringing out as much as it has and more, the room temperature is at boiling point now and that can only mean one thing it needs to let out some steam.
Indicators are resetting, and this thing is strengthening again to begin another significant move into 500, and this time make even a newer high. There is plenty of room to run on Bollinger and the surrounding markets.
Looking for this to continue its demise to more robust support, but with volatility, it could swing either way and in either direction. However, due to the data, I'm confident we will see lower 800s first!
They will return stronger like we were bullish last week and hit our target of almost 1000. Now, we're focusing on the 700s because of the situation. There are no new upgrades, and we have no insight into what earnings will bring, whether it can keep up with Nividia, be a leader, or merge. Who knows, but stock-wise, I'm short.
The chart is set up to continue its decline. Lowering to a critical area of support could give it a new opportunity for a reversal, which can come quickly but not before this correction.
It will continue to go down due to the room at RSI and stochastic, but it will have potential. One piece of the puzzle is the EMA 100, which seems to be creeping up to 200; it is currently at 195.
This is a classic example of being bearish for a few more days and then we go flying, either way it is at a double top, and only new records and future records keep this one going till 300