$MASS, growth stock close to breakout908 Devices Inc is in the Medical-Research Eqp/Svc Group. It develops analytical devices for chemical and biomoecular solutions.
The price made a shortfall within the channel that has been forming since January. This shortfall may signal a breakout in the right direction.
I would buy it with a target sell at its next resistance level which is at $29, that's a +20% profit. Play this trade with your own risk/reward strategy. I'm sure I will.
Also just recently, the company tweeted: "Proud to share our #MX908 device was chosen by the U.S. Army to provide chemical identification in their #AugmentedReality training program, ensuring optimal safety when encountering unidentified substances".
TECH
APPLE Hello you have at your disposal the technical analysis of apple , you have at your disposal marked supports and resistances.
We are currently in a medium term downtrend and today we are in a slight uptrend within the downtrend (medium term) fruit of this rise of 75 bps rise of the FED today.
Best regards L.E.D.
Today 07/28/2022
Microsoft: No Mo Lo´s!This massive impulsive reaction to the FED´s rate hike is a clear indicator for tus that the low has been completed. Accordingly, the Mircosoft stock should now seek to extend gains. In the turquoise target zone on the top, we expect a turnaround for another corrective move, though we do not think that new lows will be reached. Here, we might enter a position or two 👀
$AAPL doesn't fall to far from tree 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
!! This chart analysis is for reference purposes only !!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
APPLE Hello you have at your disposal the technical analysis of apple, you have at your disposal marked supports and resistances.
We are currently in a medium term downtrend and today we are in a slight uptrend within the downtrend (medium term) fruit of this rise of 75 bps rise of the FED today.
Best regards L.E.D.
Today 07/27/2022
Where will MSFT go next? Just having fun......First time publisher and amateur trader..........
Its time for MSFT earnings and with the combination of inflation, global economies, ongoing wars, food shortages, recession fears, supply chain issues, new Covid mutants, and regular old P/E predictabilities, it seems like a crazy and unpredictable market, HOWEVER, its fun to play and pretend like I can guess price movement, so I decided to publish my first Idea about MSFT. Any comments or advice is welcome in good taste.
Lets pretend for a moment that we did hit some sort of bottom recently............
No Crystal Ball Here!
MSFT seems like they are distanced enough from the social media AD pressure + have enough diversity with Azure to dodge the computer sales impacts, BUT I think that the next big price movements will rely on good earnings with positive forecast (obviously). The 10:1 volume for buying last weekwas especially reassuring and I think MSFT will remain in an uptrend for the next couple of weeks. We are right at the 200 day moving average. There is
good resistance at $250 and $255 and I think that MSFT will try hard to stay above $250 no matter what. Part of BIG TECH, found in VALUE Etfs, doesn't
rely on advertising, and also has a near 1% DIVIDEND. I love MSFT these are my personal ideas.
These are just ideas and not professional advice or anything related to advice.
Safe trading.
$QQQ Analysis, Key Levels, and Targets$QQQ Analysis, Key Levels, and Targets
REQUEST - here you are @lonehorse
QQQ has a very similar story to SPY… It’s trading above the cloud on the 4 hour (though it peaked up briefly at the beginning of the month - but there was a little bit more conviction today and some follow through from yesterday). It did not fill the entire bear gap, it was left open a little bit so if QQQ opens below this then it will become a resistance. If it opens above the gap then it’s getting into the cloud which often means a bit of sideways trading… Next resistance above that is the 200MA on the 4hr which conveniently coincides with the top of the cloud…
Both MacD and RSI point to a move higher in the next few days/weeks… I would just be mindful of the resistance levels… and the supports… And the weekly technicals are all showing a nice curl up which might give some momentum upward….
If that 300 psychological resistance breaks I could maybe see a run to 313ish… just remember that moves within the cloud can be sluggish and it tends to kill volume, which can be good or bad depending on what you’re trying to do…
The 200MA weekly has been a very very very strong support across the ENTIRE bull market… for now, that is MAX pain if it does go down… but I’m seeing a lot of bullish technicals so short term I think we see that move above the gap and towards the top of the cloud…
It looks like chaotic territory just in time for earnings season… I'd like to add that IF we see companies trading within their expected ranges... that in and of itself would be a bullish signal, I would think... because if we can see earnings not completely shaking the markets, like it has for the past year, even before the market turned in january... that would be a clear signal for me to go more heavily long
Best of luck… 💃🏻 (sorry that was so rambly... I just type without a filter LOL)
—-
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
$AERC air space filtration! 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
My team entered interior air space purification company Aeroclean Technologies $AERC on 7/5/22 at $12.40 per share. This wasn't intended to be a Trading view trade, but this play is developing smoothly, and we figured we would just show you guys what we're up to.
OUR ENTRY: $12.40
FIRST TAKE PROFIT: $18
STOP LOSS: $11
If you want to see more, please like and follow us @SimplyShowMeTheMoney
AGIX 34 FIB = A 481X :O- As you can see everyone, AGIX is sitting at: £0.03298
- 34 FIB extension has been hit on many crypto projects!
- $19 - £15.98
- £15.98 DIVIDED BY £0.03298 = 481
- So basically for every £100 you invest you could make back £48,100
- For every £200 you invest you could make back £96,200
- NOT FINANCIAL ADVICE! - PLEASE DO YOUR OWN RESEARCH :)
SPLK DECISION TIMEThis stonk has been holding up for some time waiting on news that will please big investors. Only down 50% from ATH I can see some hope here, opened up some longs at $99.
Small probability this follows many of it's predecessors and goes down another 50%. Know when to flip short.
Novavax - Wassup?Novavax NVAX is actually lining up pretty well... from about 240, it tanked to 40, and on Friday, it gained 11% to close the week at 57.15.
This caught my attention as it cleanly broke out of trendlines, breaking out also from a bearish divergence, on BOTH the weekly and daily chart.
IMHO, it appears to be in technical and fractal alignment.
Weekly chart bounced off a major support two weeks ago, and the last week continued the previous week's bullish end. On the daily chart, Friday's close was the highest daily close in about 5 weeks. with a strong candle closing draws obvious bullish attention.
Target 80, then 125.
Support at 53 and 50.
$META FACEBOOK Meta Technology Falling Wedge Descending Channel$META FACEBOOK Meta Technology Company
Falling Wedge Pattern - Descending Channel - Double Bottom at support with a bullish harami on the 4 hour candle.
$META is looking bullish from here on a technical view for a bounce off the bottom trendline. If it breaks out and holds above the channel it has a measured move of $234 target.
GAPS are marked in RED.
Word on the streets says Mark Zucker is not hiring much and has been bringing the heat in on his current employees hoping to weed out the weakest links. Meta has had some failed crypto related launches and has thick competition in the social media world. Better management and highly talented individuals is exactly what the company will need in order to be first class in the metaverse and live up to the name.
$TSM Taiwan Semiconductor Manufacturing WYCKOFF$TSM Taiwan Semiconductor Manufacturing Company Ltd. completed a clear as day WYCKOFF distribution TOP.
Currently it is sitting on major support. Losing this $76 area would be bearish to $60 because there isn't much support below $76 to hold it up.
$TSM is GAP city (Gaps are marked in Red), big gap below Support and many gaps above.
So far, this stock has not shown any signs of reversal, however $TSM is a giant in chip manufacturing. TSM makes $aapl chips and with ongoing shortages they are well positioned for advantage as these tech giants add autonomous driving to their business plans. Financially they are well positioned for growth in the years to come.
$MSFT MICROSOFT BULLISH Pattern BROADENING DECSENDING WEDGE$MSFT MICROSOFT is Printing BULLISH Reversal Patterns, much like $AAPL has as they are related tech stocks.
Let's review the chart:
1. There is a BROADENING DECSENDING WEDGE which is a bullish reversal pattern much like the falling wedge but expanding. This could either breakout soon or tap the bottom trendline for a third time before breaking out.
2. Textbook inverse Head & Shoulder forming as well. The selling volume is highest on the left shoulder making the possibility for this pattern to complete higher.
Being a dividend paying stock this is definitely worth accumulating in the bear market. Microsoft is a tech leader and their cloud offering is growing very well and maintaining growth. This company is always on top of new innovation and have already been dabbling in AI and blockchain technology, in addition, to web3. They are cloud, digital, advertising, linkedIn, XBOX gaming, ect. Need I say more?
This is NOT financial advice, please always do your own research.
$AAPL Apple Inc Stock is giving MEGA Bullish Patterns$AAPL Apple Inc. is showing multiple bullish indicating reversal patterns.
Lots going on in this chart lets review:
1. I'm spotting a FALLING WEDGE (marked in white). This could drop lower and tap the bottom trendline on the wedge for a third time before reversing, however, it held the $135.50 support Friday indicating a higher probability for upside. The first target/resistance level on the falling wedge is marked in white horizontal line.
2. Diamond bottom pattern is forming. Any sideways movement will only mark the probability of this pattern higher for a breakout.
3. Inverse Head & Shoulder. IF THE FALLING WEDGE reaches the first target and rejects, that will form another neckline to a inverse head and shoulder and the rejection could form the right shoulder. So far there is a more slanted inverse h&S that has currently formed on the chart, in addition, the selling volume is highest on the left shoulder indicating a textbook inverse H&S.
The RED bar marked near the top of the high is a GAP.
I'm adding APPLE to the top of my watch list for Tuesday morning and I will be observing these patterns closely for breakouts.
Apple has taken a big hit as all of the tech sector has in the stock market.
As far as fundamentals, no brainer that Apple is a leader in TECH.
$NVDA Nvidia TECH Chart has not shown any signs of reversal$NVDA Nvidia Tech Company has a similar chart to $MU and $AMD - $MU earnings revealed negative sentiment sending both $AMD & $NVDA downward on relation of fear that the chip market is slowing growth.
Nvidia has not shown any technical signs of reversal on the lower timeframes yet.
Above I've marked important levels on the weekly timeframe.
With the slowing growth of $ETH and other crypto currencies, tech stocks like Nvidia and Micron are directly related and effected by the mega drop in value as demand for graphic processors and mining decreases.
It's pretty obvious that $NVDA is a top tier company in graphic processors and this decline is mostly due to the decline in our economy. As we progress into the digital age NVIDIA has high probability to bounce back to new heights (of course this could take 12-18 months unless they expand rapidly into different avenues of technology).
I will update if I catch any technical chart indications of possible reversal.
$AMD Advanced Micro Devices $AMD has been on a downward spiral printing bearish consolidation patterns after each drop.
The negative earnings report recently didn't help the stock price as you can see it has plummeted to a major support level.
It hasn't shown any signs of reversal yet. If it breaks below $72 it doesn't have much support until $59 area. YIKES!
As most tech stocks, AMD is overvalued in its current price.
The company has initiated a pullback on the consumer PC department (as sales have declined) and acquired a company this year to position growth in AI, apps and robotics.
AMD is well positioned and one of my top tech picks for bear market accumulation, as our world continues to develop in the digital age, AMD is a leader in memory and storage and is modeling change for future growth.
I believe AMD is a solid company that is positioned for new heights.
This is NOT Financial Advice.
NASDAQ - Not yetAs outlined in the S&P500 weekly analysis. the technical bounce appears delayed. At the least, it looks like a higher low is being made, and would take another week or two before a higher high is achieved.
In light of these, the projection and targets have been adjusted to the end of July.
Tech Just Made a Major Trend ReversalThis chart shows that there was a major trend reversal in the relative performance between Nasdaq stocks (QQQ) and S&P 500 stocks (SPY).
In May, the QQQ/SPY performance ratio reached an extremely significant bottom. It reached the 55-month EMA (orange line), which is also the base of the monthly EMA exp ribbon. Chartists use this base to detect significant bottoms. The fact that QQQ/SPY cleanly landed on this base and has since then formed a trend line upward means that there is a very high probability that tech and growth companies are about to outperform companies in the S&P 500. In fact, we are already seeing quite a few IPO companies breaking out.
The trend line (white line) is about to force the QQQ/SPY relative performance ratio above its displaced EMA (yellow line). A displaced moving average (DMA) is a moving average that has been adjusted forward or back in time in an attempt to better forecast trends. Chartists often use the crossover of the displaced EMA as confirmation of a trend reversal. Once QQQ/SPY crosses above this line and it becomes support, the trend reversal will be confirmed on the daily chart.
Further confirming this trend reversal is the short derivative, SQQQ. Market participants buy SQQQ either to short QQQ or to hedge against losses while also holding QQQ. Since May, there has been less and less volume in SQQQ. This shows that fewer and fewer market participants are opening new short positions against tech and growth. Meanwhile, the price of SQQQ continued to move to the upside. The price of SQQQ is now being resisted by the 55-week EMA. This fact coupled with the price-volume divergence is sending an ominous signal for those who are still short in tech. Since SQQQ is historically over-extended to the upside, the slightest of bullish signals for tech and growth stocks could result in a major short squeeze. (See chart below)
It is therefore quite dangerous right now to open new short positions against growth and tech companies. IPO and Biotech stocks have already broken out to the upside. Commodities, including energy, are breaking down, which in turn shows that the inputs of inflation are cooling down. The charts show that the Fed will not be as aggressive as many analysts expect. Charts never lie, analysts do.
Unless a black swan event occurs, it is quite likely that the Nasdaq 100 has put in a significant market bottom.
VEEV - uptrendAnother stock that seems to have bottomed. 10, 20, 50 MA curled up, it's a lot above 100 MA and I wouldn't be surprised if we retest around $192 and the 100 MA before we grind higher. Also, the 200MA is pretty far away so we might be moving in this range for a bit but overall, the trend looks better than other tech names.