$SQ (30 June 2024)
Square (SQ) appears to be approaching a bottom on the daily chart, with the potential to reverse its trend if the price can maintain above $64.9. A daily close below $63.47 would likely initiate a new downtrend. Currently, the support levels are at $62.8 and $64.3, while the resistance levels are at $65 and $66.38. […]
$COIN (22 June 2024-daily vs weekly)
The COIN price is still influenced by the appearance of a yellow bearish candle on the daily chart, which occurred on June 14, 2024. Key support levels are currently at $218 and $223, while resistance levels are at $228, $233, and $238. To resume the bullish trend, a daily close above $250 is necessary. The […]
$HOOD (29 May 2024-daily)
HOOD is a favorite among my top 10 holdings, being the only fintech stock I’m confident in due to its promising technical trend. The red ribbon continues to develop, with whale accumulation reaching 75.9%. The announcement of a 1B buyback has not yet been fully reflected in the stock’s price, as the post-market price movements […]
$PLTR (21 May 2024-daily)
PLTR has been losing momentum due to a decrease in whale accumulation to around 20.305% and an increase in retail accumulation to approximately 45.78%. Recently, a red candle appeared, which could be a bullish signal. To reverse the bearish trend, a daily close above $21.77 is required, while closing below $21.2 could initiate a downtrend. […]
A list of stocks with bullish signals (15 May 2024-daily)
Dear valued followers, both new and old, I have an important update to share regarding our weekly stock pick. I am refreshing my approach by introducing a random post featuring a list of stocks exhibiting bullish signals. These signals include red candles and/or the formation of red ribbons and/or MACD doing golden cross. Please be […]
A look at fintechs: $PYPL, $HOOD, $SHOP, $SQ In April 2024
PYPL: Support level is $65.84 while resistance level is $67.35. MACD did a nice crossover last night, with whale accumulation to 37.1%. HOOD: Nothing much has changed for HOOD. Support levels are $16.28 and $17.19 while resistance level is $18. Whale accumulation has slightly decreased to 59.73%. SHOP: even though there is no red bar […]
A look at semi-conductor stocks: $NVDA, $SMCI, $AMD, $TSM in April 2024
Last week I explained a few reasons why I think that semiconductor stocks were bottoming out and luckily all picked up the momentum. NVDA: support level is $870 while resistance levels are $870-880, $892, $898-900 and then $906.6 before the soar takes place. SMCI: a red candle appeared last night. A daily close above $897.84 […]