Tag: Technical analysis
Bank of America: ⬆️ Buy – Bank of America reversed from support area – Likely to rise to resistance level 40550.00 Bank of America recently reversed up with the daily Morning Star from the support area located between the support level 45.00 (former resistance from May and June) and the lower daily Bollinger Band. This […]
IBM: ⬆️ Buy – IBM reversed from support zone – Likely to rise to resistance 295.40 IBM recently reversed up from the support zone between the support level 280.00, upper trendline of the recently broken weekly up channel from 2024 and the support trendline of the more recent up channel from April. This support zone […]
Ebay: ⬆️ Buy – Ebay rising inside impulse wave (3) – Likely to rise to resistance 80.00 Ebay continues to rise inside the impulse wave (3) of the long-term upward impulse wave 3 from the end of June. The active long-term impulse wave 3 started earlier from the support zone between the support level 74.00, […]
Alibaba Group: ⬆️ Buy – Alibaba Group rising inside impulse wave (3) – Likely to reach resistance level 123.10 Alibaba Group recently rose with a sharp upward gap, breaking the resistance level 110.00 and the resistance trendline of the daily down channel from May. The breakout of these resistance levels accelerated the active intermediate impulse […]
Coca-Cola: ⬆️ Buy – Coca-Cola reversed from the support area – Likely to rise to resistance level 72.00 Coca-Cola recently reversed from the support area between the key support level 68.55 (which has been reversing the price from May), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse (1) from January. […]
Nikkei 225: ⬆️ Buy – Nikkei 225 reversed from support area – Likely to rise to resistance level 40550.00 Nikkei 225 index recently reversed up with the daily Doji from the support area located between the key support level 39000.00 (former resistance from May) and the support trendline of the daily up channel from May. […]
Caterpillar: ⬆️ Buy – Caterpillar broke long-term resistance level 410.00 – Likely to rise to resistance level 440.00 Caterpillar recently broke above the major long-term resistance level 410.00, which has been reversing the price from the end of 2024, as can be seen from the weekly Caterpillar chart below. The breakout of the resistance level […]
Costco: ⬇️ Sell – Costco broke the support area – Likely to fall to support level 940.00 Costco recently broke the support area located between the pivotal support level 970.00 and the 50% Fibonacci correction of the upward impulse from April. The breakout of this support area accelerated the C-wave of the active ABC correction […]
Trip: ⬇️ Sell – Trip reversed from resistance area – Likely to fall to support level 16.00 Trip recently reversed down from the resistance area located at the intersection of the strong resistance level 18.00, upper weekly Bollinger Band and the 38.2% Fibonacci correction of the weekly downtrend from 2024. The downward reversal from this […]
Ethereum: ⬆️ Buy – Ethereum broke resistance area – Likely to rise to resistance level 3400.00 Ethereum cryptocurrency recently broke the resistance area located at the intersection of the resistance level 3200.00 and the resistance trendline of the daily up channel from May. The breakout of this resistance area should accelerate both of the active […]