Double top form of ExxonMobil's stock has been completedDouble top form of ExxonMobil's stock has been completed
This chart shows the weekly candle chart of ExxonMobil's stocks over the past 4 years. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, the small-scale double top form of ExxonMobil's stock has been completed. Now, there is a long short competition at the bottom of the figure against the 3.000 and 3.272 positions in the golden section, and it is likely to break down in the future! For a period of time to come, just use the long start level of ExxonMobil's stock in late March this year at $99.63 as the long short divide!
Stocksignals
ALIBABA first Golden Cross in 6 months. Buy signal.Alibaba (BABA) is completing today the first Golden Cross formation since January 23. This is a bullish medium-term pattern and along with the 1D RSI bullish trend on Higher Lows, it will most likely end with a Higher High on a 6 month basis.
As you see, the price recently broke above a Channel Up pattern, so we expect an aggressive rally to the Lower Highs trend-line, similar to those rises of January 2023 and June - July 2022. Our target is 116.00, even though there is potential for a direct hit within the 1 Year Resistance Zone.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Airbnb stock is now in the second bandAirbnb stock is now in the second band
This figure shows the weekly candle chart of Airbnb stock. The graph overlays the recent low points against the golden section. As shown in the figure, Airbnb stock is now in the second band after bottoming out, and it is likely to retreat below the 1.382 position of the golden section in the figure before starting up again! The bullish target for the next wave of Airbnb stocks is around 2.382 on the golden section in the picture!
Boeing's stock is about to challenge the top high shoulder Boeing's stock is about to challenge the top high shoulder
This chart shows the weekly candle chart of Boeing's stock in the past 4 years. The graph overlays the 2020 bottom to top golden section. As shown in the figure, Boeing's stock is currently in the second largest wave band after bottoming out, with the third wave rising and about to challenge the top high shoulder position in March 2021! In the future, focus on the 1.618 and 2.000 positions of the golden section in the graph, and use these two positions as the long short split range for Boeing's stock!
United Health Group in a bull flag.United Health Group - 30d expiry - We look to Buy a break of 516.11 (stop at 506.11)
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
Price action is forming a bullish flag which has a bias to break to the upside.
A break of the recent high at 516 should result in a further move higher.
This stock has seen good sales growth.
Our profit targets will be 541.11 and 546.11
Resistance: 511 / 516 / 520
Support: 503 / 497 / 490
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group
UpstartHoldings' stock has reached its low point in January 2022UpstartHoldings' stock has reached its low point in January 2022
This chart shows the weekly candle chart of UpstartHoldings' stocks in the past six months. The graph overlays the recent bottom-up golden section. As shown in the figure, the recent high point of UpstartHoldings' stock has reached its low point in January 2022, but it has not given it the 2.382 gold split in the figure! The stocks of UpstartHoldings are currently in the second small band of accelerated growth after a double dip, and there is still a lot of upside space in the later stage! In the future, it is likely to continue to strengthen after retreating from the 1.382 position of the golden section in the chart!
AMD Still a buy as long as the 1D MA100 holds.Advanced Micro Devices (AMD) is trading on its 1D MA50 (blue trend-line), still within the 10 month, maintaining its buy status. As long as the 1D MA100 (green trend-line) holds, we will be long and target the 165.00 All Time High (ATH). If the price closes a 1D candle below the 1D MA100, we will take the loss and open a sell, targeting the 0.5 Fibonacci level at 95.00, on a potential contact with the 1D MA200 (orange trend-line) too, which is intact since March 02.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
MARA will remain weak MARA will remain weak
This figure shows the weekly candle chart of MarathonDigitalHolings' stocks in the past year. The graph overlays the recent bottom-up golden section. As shown in the figure, the recent high of MarathonDigitalHolings' stock is very close to the 2.618 position on the bottom of the graph, which is close to the golden section. Moreover, the second highest point two weeks ago happened to be the 2.382 position on the golden section in the graph! So, for a period of time to come, the stock probability of MarathonDigitalHolings will remain weak and accelerate its downward trend, with a probability of retreating to around 1.618 in the golden section of the chart!
Bull momentum of Shopify has been completely releasedBull momentum of Shopify has been completely released
This chart shows the weekly candle chart of Shopify stocks over the past two years. The top to bottom golden section at the end of 2021 is superimposed in the figure. As shown in the figure, since the completion of the form at the end of October 2022, it has risen by 4 small bands, and theoretically, the bull momentum has been completely released! This week, Shopify's stock has made a significant pullback, returning to below the 2.382 position in the golden section of the chart! In the future, it is likely that there will be a longer period of bull rest!
PayPal suppressed by the 1.618 of golden sectionPayPal stock in the past three weeks has been suppressed by the 1.618 level of the golden section
This chart shows the weekly level candle chart of PayPal stocks in the past six months. The graph overlays the recent bottom-up golden section. As shown in the figure, the high point of PayPal stock in the past three weeks has been suppressed by the 1.618 level of the golden section in the figure. In the future, it is likely to retreat downwards! The strong support level for PayPal's stock is at the starting point of the big positive line in July 2023!
Where There is Smoke, There is Fire | CSX Short 🚂Classic short setup for CSX railroad here. It just so happens other railroads are also showing bearish formations with imminent resolution - most likely to the downside - ahead.
Remember: we are at 3.6% unemployment - a rate that has remained historically unsustainable, and elusive if not unattainable - for the last 75 years.
Combining the "large-time-frame" bearish formation of CSX and the current status of the long-run labor market, I think we have a strong case for a weak aggregate demand.
Not to mention, oil has been selling off for a year, despite higher unemployment. So... what gives?
BANK OF AMERICA is about to start the new 2 year rally.The Bank of America Corporation (BAC) got rejected again on its 1W MA50 (blue trend-line), a level that has been acting as a Resistance since the March 2022 break-down. This has created a Lower Highs trend-line that is the key pivot level now. But before that, let's see how it's been trading on a +10 year basis.
As you see on this chart, ever since the November 2011 Low, the stock has been trading within a Fibonacci Channel, with the extensions serving as very accurate Resistance and Support levels. We have seen 1W MA50 rejections after strong corrections in April 2016 and June 2020. Each of those times, the price hit the Buy Zone (green) before rebounding to a Higher High, while the RSI on the 1M time-frame hit the 38.80 Support. The 1M MA100 (red trend-line), which on March 2020 provided Support, acted once more as the long-term Support this March (2023), exactly at the top of the 10 year Buy Zone.
As a result, BAC is a buy opportunity, but will only get confirmed when it closes a 1W candle above the Lower Highs trend-line. As far as a long-term target is concerned, the first Higher High on the Fibonacci scale was made on Fib 2.0 (March 2014), the second on Fib 4.0 (March 2018) and the third on Fib 6.0 (January 2022). Investors could hold, based on this sequence, until the 8.0 Fibonacci extension.
It is interesting to point out that each Cycle within this Channel has approximately been 4 years and each of the rallies around 2 years, like the one we're currently about to confirm.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Disney stock has maintained strong support in the past 10 weeksDisney's stock has maintained strong support levels in the past 10 weeks
This chart shows the weekly candle chart of Disney stocks from the end of 2019 to the present. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, Disney's stock has maintained strong support levels in the past 10 weeks, with inter district fluctuations above the golden section's 0.236 level! Once Disney stocks close below this strong support level for three consecutive trading days, the downside space opens up and it is likely to fall below the low point of early 2020!
Apple -> Only Two More Days Guys!Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Apple 💪
Starting on the monthly timeframe you can see that after Apple broke out of the clear triangle formation in confluence with the bullish moving averages, Apple created a strong rally of 30% towards the upside, breaking major resistance.
The weekly timeframe looks a little bit overextended with barely and red candles during the last major push so we could certainly see a retest of the previous all time high at $180.
Apple is currently once again failing to create a new all time high at the $196 level and you can still see the very obvious key bullish trendline which is still pushing the price of Apple stock higher - now we will either see a bullish breakout or a bearish breakdown, until then no setup.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
SoFi jumped short and opened highSoFi jumped short and opened high
This chart shows the weekly candle chart of SoFi stocks from 2021 to the present. The top to bottom golden section is superimposed in the figure. As shown in the figure, the low point of SoFi stock in the past two years is exactly the 4.000 level of the golden section in the figure, and the high point in June this year is exactly 3.000 level! On the last trading day of July 2023, the SoFi stock jumped short and opened high, then surged, approaching the long start level before reaching the historical peak!
General Electric bouncing off 20-EMA.General Electric Company - 30d expiry - We look to Buy at 111.71 (stop at 108.71)
The primary trend remains bullish.
There is no clear indication that the upward move is coming to an end.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
20 1day EMA is at 111.54.
We look to buy dips.
Previous resistance at 111 now becomes support.
Our profit targets will be 119.21 and 120.21
Resistance: 115.70 / 117.96 / 120.00
Support: 113.45 / 111.00 / 110.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
#HEROMOTOCO... good in coming session#HEROMOTOCO...
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a good movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
AMAZON Short-term buy signalIt's been exactly two months (May 30) since we gave the latest buy signal on Amazon (AMZN) when the price touched the 0.382 Fibonacci retracement level (see chart below):
Our target was set at 146.50, which is the High of August 16 2022 (Resistance 1) and we are updating our analysis as the recent rebound on the 1D MA50 (blue trend-line), seems to be the final bullish leg towards that target.
We may experience a strong pull-back (long-term trend still bullish though) there (also the 0.618 Fibonacci level is just above it) as the 1D RSI is trading within a Channel Down, which illustrates a Bearish Divergence.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Upper space of PLTR stock has been opened!Upper space of PLTR stock has been opened!
This chart shows the weekly candle chart of Palantir stock from the end of 2020 to the present. The top to bottom golden section is superimposed in the figure. As shown in the figure, Palantir's stock has broken through the 2.000 level of the golden section in the past three weeks, and its previous low point was at the 2.618 level of the golden section in the figure! So, the next strong pressure on Palantir stocks is around the 1.618 or 21.53 position of the golden section in the graph!
Nasdaq on the Verge of Retracement
📉🚀 Nasdaq on the Verge of Retracement - Bearish Shark Pattern & RSI Divergence Pointing Downward! 📉🚀
I've spotted a Bearish Shark Pattern with RSI Divergence on the Nasdaq, signaling a potential retracement ahead. I've entered the trade with precise stops and targets in place. Let's keep a close eye on how it unfolds.
📊 If this trade turns out profitable, brace yourself, US stocks might be heading for a bearish ride that could last for weeks to months.
⚠️ US Stocks Traders, get ready for possible impact!
📈 Follow my only account @raynlim for timely updates and trading insights. Let's navigate the markets with confidence! 📈🚀