CSCO - Horizontal Trend Channel- CSCO is within an approximate horizontal trend channel in the medium long term, which indicates further development in the same direction.
- CSCO has broken an inverse head and shoulders formation.
- A decisive break of the neckline at approximately 50 will signal a further rise to 64 or more.
- It also gave positive signal from the rectangle formation at the break up through the resistance at 49.
- Further rise to 52 or more is signaled.
- The stock has broken up through resistance at 50.
- In case of negative reactions, there will now resistance be support at 50.
- Positive volume balance indicates that buyers are aggressive while sellers are passive, and strengthens the stock.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
Verify it first and believe later.
WavePoint ❤️
Midterm
NFLX - Broke Rising Trend [MIDTERM]- NFLX has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate.
- NFLX has marginally broken up through resistance at 300.
- The short term momentum of the stock is strongly negative, with RSI below 30.
- This indicates increasing pessimism among investors and further decline for NFLX.
- However, particularly in big stocks, low RSI may be a sign that the stock is oversold and that there is a chance for a reaction upwards.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
Verify it first and believe later.
WavePoint ❤️
CRM - Breakout Falling Trend [MIDTERM]- CRM has broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate.
- CRM has given a positive signal from the inverse head and shoulders formation by a break up through the resistance at 177.
- Further rise to 233 or more is signaled.
- CRM is approaching's resistance at 192, which may give a negative reaction.
- However, a break upwards through 192 will be a positive signal.
- Positive volume balance, with high volume on days of rising prices and low volume on days of falling prices, strengthens the stock in the short term.
- Overall assessed as technically neutral for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
Verify it first and believe later.
WavePoint ❤️
NVDA - Breakout Rising Trend [MIDTERM]- NVDA has broken up through the ceiling of the rising trend channel in the medium long term, which signals an even stronger rising rate.
- The positive development, however, may give rise to short term corrections down from today's level.
- It also gave positive signal from the inverse head and shoulders formation at the break up through the resistance at 178.
- Further rise to 300 or more is signaled.
- NVDA has support at 214 and resistance at 290.
- Positive volume balance indicates that volume is high on days with rising prices and low on days with falling prices, which strengthens the stock.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, LT TP: Long Term Target Price
Verify it first and believe later.
WavePoint ❤️
TSLA - Falling Trend [MIDTERM]- TSLA is in a falling trend channel in the medium long term.
- This signals increasing pessimism among investors and indicates further decline for Tesla.
- TSLA has support at 108 and resistance at 210.
- TSLA is assessed as technically negative for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, LT TP: Long Term Target Price
Verify it first and believe later.
WavePoint ❤️
META - Rising Trend [MIDTERM]- Medium term Investors have paid higher prices over time to buy Meta and the stock is in a rising trend channel in the medium long term.
- This signals increasing optimism among investors and indicates continued rise.
- META has broken up through resistance at 183.
- This predicts a further rise.
- Positive volume balance indicates that buyers are aggressive while sellers are passive, and strengthens the stock.
- Overall assessed as technically positive for the medium long term.
Verify it first and believe later.
WavePoint ❤️
AMZN - Falling Trend [MIDTERM]- AMZN shows weak development in a falling trend channel in the medium long term.
- This signals increasing pessimism among investors and indicates further decline for AMZN.
- However, the price has broken a resistance level in the short term and given a positive signal for the short-term trading range.
- AMZN is approaching's resistance at 100 , which may give a negative reaction.
- However, a break upwards through 103 will be a positive signal.
- Overall assessed as technically negative for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, LT TP: Long Term Target Price
Verify it first and believe later.
WavePoint ❤️
NDX - Breakout Falling Trend [MIDTERM]- NDX has broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate.
- NDX has given a positive signal from the double bottom formation by a break up through the resistance at 12000.
- Further rise to 13400 or more is signaled.
- NDX has support at 12000 and resistance at 13000.
- Overall assessed as technically slightly positive for the medium long term.
Verify it first and believe later.
WavePoint ❤️
AAPL - Falling Trend [MIDTERM]- AAPL shows weak development in a falling trend channel in the medium long term.
- A decisive break of the resistance at 157, ideally with an increase in volume, signals a further rise.
- AAPL has broken up through resistance at dollar 151.
- Positive volume balance indicates that buyers are aggressive while sellers are passive, and strengthens the stock.
- AAPL is overall assessed as technically positive for the medium long term.
SOXL - Failing Trend [MIDTERM]SOXL has broken through the ceiling of a falling trend channel in the medium long term. This indicates a slower falling rate initially, or the start of a more horizontal development. SOXL has received a positive signal from the moving average indicator, thus signaling a continued rise. The stock is approaching support at 14, which may give a positive reaction. However, a break downwards through 14 will be a negative signal. SOXL is overall assessed as technically neutral for the medium long term.
ON - Rising Trend [MIDTERM]- ON is in a rising trend channel in the medium long term.
- This signals increasing optimism among investors and indicates continued rise.
- ON is testing support at 75.
- This could give a positive reaction, but a downward breakthrough of 75 means a negative signal.
- The stock is assessed as technically positive for the medium long term.
AMD - Double Bottom Formation [MIDTERM]AMD has broken through the ceiling of a falling trend channel in the medium long term. This indicates a slower falling rate initially, or the start of a more horizontal development. It also gave positive signal from the double bottom formation at the break up through the resistance at 78. Further rise to 94 or more is signaled. AMD has broken a resistance level in the short term and given a positive signal for the short-term trading range. AMD has broken up through resistance at 84. This predicts a further rise. In case of negative reactions, there will now be support at 84. AMD is overall assessed as technically positive for the medium long term.
Entering long in equity derivatives - mid/short-term. Some of our algorithmic systems are entering long in global equities, mainly in Norway and in the US.
Right now, the mid-term bullish trend is not completely consolidated, so the VaR allocated to each position is extremely slow.
Our systems are entering at market prices with guaranteed trailing stops at 0.3% of our portfolio risk.
If the systems compounds in a near future, they could open new positions at 0.5% of our portfolio risk.
Nevertheless, they will never allocate too much into a long equities strategy, due to they are diversified between leveraged ETFs, A-book CFDs, spot FX, and exchange-traded derivatives.
Zen Technology Stock trading in a channel bound zone which is 190-205₹ but creating
its strong base at this zone and I am very
bullish at this stock. I can say confidently This stock will be the money maker in the future( According today's trend and analysis)
There are 2 Big factor at this type of company
1- Union #Budget2023 is fully focused for drone
technology in #Defence and #Agriculture sector.
2- Company showing nice results continuously
and company is fundamental strong also.
Its not any recommendation its my personal views and studies
Microsoft (MidTerm), ascending or descending?The stock price could be bearish in short. But bullish in long. And the top support line of the Microsoft stocks (at 281 USD) seems to be the minimum reasonable trading point for mid-term holding strategy, unfortunately... And the second support line is even further below at 243 USD... Yet, its not a good time to buy some stocks but, soon, at a price of between 243 to 281 USD midterm holding strategy would be profitable...