Wise Forex & Stocks
Multi timeframe analysis for S&P500. 4H: SP500 being rejected from 3370 resistance and today is the last day of the week. Bearish. Daily: Exponential moving averages "on" to show that the bull trend is broken. What we have now is bear flag. Daily close…
Just what I saw before and wrote in review...
Is Tesla the biggest bubble in stocks world or really good company that worth every penny it cost? Surely it is the great company, most innovative and with the brightest and most charismatic leader out there. But what about the price?
Next week I recommend to wait for first actions. If price grow above $462, good chances it will reach $500 as well. If it will grow above $502, good chances it will continue bull run.
Bearish scenario is when price fail to grow above $462 - in this case highly possible it will retrace to $360.
Chart above is daily. So each target will take 1-2 weeks. Good luck with your trades 👍
@WiseForex #Stocks #TSLA
Next week I recommend to wait for first actions. If price grow above $462, good chances it will reach $500 as well. If it will grow above $502, good chances it will continue bull run.
Bearish scenario is when price fail to grow above $462 - in this case highly possible it will retrace to $360.
Chart above is daily. So each target will take 1-2 weeks. Good luck with your trades 👍
@WiseForex #Stocks #TSLA
Take-Two Interactive Software is a leading game publisher, creating games through its labels, Rockstar Games, 2K, Private Division, and Social Point.
I'll name just 3 games worth them all - Grand Theft Auto, Red Dead Redemption and Civilization. These are legends that will be reproduced at each new game console and will have new series once old once drain out.
Right now chart seem to be retracing, so I see good buy zones at 135-140 range. Small possibility to bounce a little higher from ~144 or a little lower from ~133. But this one is a must buy. Tesla of game industry.
@WiseForex #Stocks #TTWO
I'll name just 3 games worth them all - Grand Theft Auto, Red Dead Redemption and Civilization. These are legends that will be reproduced at each new game console and will have new series once old once drain out.
Right now chart seem to be retracing, so I see good buy zones at 135-140 range. Small possibility to bounce a little higher from ~144 or a little lower from ~133. But this one is a must buy. Tesla of game industry.
@WiseForex #Stocks #TTWO
Wise Forex & Stocks
Multi timeframe analysis for S&P500. 4H: SP500 being rejected from 3370 resistance and today is the last day of the week. Bearish. Daily: Exponential moving averages "on" to show that the bull trend is broken. What we have now is bear flag. Daily close…
Just an illustration to last week multitimeframe analysis. This week SP500 already almost reached the bearish target. Waiting for ~3236 support to be hit. IT might give a bounce. If not, the situation is much worse than I thought.
@WiseForex #SP500
@WiseForex #SP500
Wise Forex & Stocks
Multi timeframe analysis for S&P500. 4H: SP500 being rejected from 3370 resistance and today is the last day of the week. Bearish. Daily: Exponential moving averages "on" to show that the bull trend is broken. What we have now is bear flag. Daily close…
Last week's first target reached very fast. Lower support at 3200 also might be tested today.
@WiseForex #SP500
@WiseForex #SP500
Hold your pants guys. SP500 diving again to re-test ~3230 support. This chart ain't bullish, but still leaves a chance for bounce.
@WiseForex #SP500
@WiseForex #SP500
Wise Forex & Stocks
Closer look at Brent and link to OPEC meeting roundup. JMMC focuses on market stability and full conformity @WiseForex #Brent #Oil
Oil got a huge bearish doji on last attempt to grow above $42, so things are pretty bearish in this field as well. Next stop is at $40.
@WiseForex #Brent #Oil
@WiseForex #Brent #Oil
Yesterday SP500 received decent volume on bounce from lower trendline of falling wedge. Still in downtrend, and if you open week chart look even more bearish. But since November 3rd is US president election day, I assume Trump will do whatever possible to recover all the stocks charts (so he can pretend he recovered economy). Obviously, that may result in money printing or many promises. Whatever.
P.S. Black solid line is yearly Support zone - price which 2019 closed at.
@WiseForex #SP500
P.S. Black solid line is yearly Support zone - price which 2019 closed at.
@WiseForex #SP500
SP500 broke out falling wedge. Rather weak move it was. After such performance I expect it to pull back to ~3280 at least. But that is what small timeframes show. Since we are close to month end, check out month chart as well. That red candle with huge volume doesn't promise anything bullish for the following month. Might re-test 3000.
@WiseForex #SP500
@WiseForex #SP500
📈 GOLD / USD 📉
GOLD forms bear flag. Next time it drop below ~1847 can easily continue down to 1800. On other hand it already received nice volume on that drop, so it may give reasons for those who bought the dips to hold it for a proper bounce till ~1900 (if not this month, then next).
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@WiseForex #XAUUSD #Gold #XAU #FTX
GOLD forms bear flag. Next time it drop below ~1847 can easily continue down to 1800. On other hand it already received nice volume on that drop, so it may give reasons for those who bought the dips to hold it for a proper bounce till ~1900 (if not this month, then next).
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@WiseForex #XAUUSD #Gold #XAU #FTX
📈 GOLD / USD 📉
Bearish engulfing at 8H signaling for pullback, but I think it shouldn't drop lower than ~1880. An good chances it will bounce there to re-test 1900.
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@WiseForex #PAXG #Gold #FTX
Bearish engulfing at 8H signaling for pullback, but I think it shouldn't drop lower than ~1880. An good chances it will bounce there to re-test 1900.
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@WiseForex #PAXG #Gold #FTX
📈 EUR / GBP 📉
All targets from last EUR/GBP signal hit - profit up to 180 pips (out of maximum 234 from that drop) 🤑
Now pulling back to 0.9098 / 0.907 support. Potentially can drop lower to ~0.898
@WiseForex #GBP #EUR #EURGBP
All targets from last EUR/GBP signal hit - profit up to 180 pips (out of maximum 234 from that drop) 🤑
Now pulling back to 0.9098 / 0.907 support. Potentially can drop lower to ~0.898
@WiseForex #GBP #EUR #EURGBP
General Motors have purchased 180MW of solar power, which will be used to power our Wentzville, Lansing Grand River, and Lansing Delta Township assembly facilities (link to news)
At 3 days chart you can see that price bounced from 29 support and now might be re-testing 30.6-31$. At the same time overall picture is bearish and I expect price can fall down to ~27$
@WiseForex #Stocks #GM
At 3 days chart you can see that price bounced from 29 support and now might be re-testing 30.6-31$. At the same time overall picture is bearish and I expect price can fall down to ~27$
@WiseForex #Stocks #GM
After Trump and Biden debuts something happen to market and it pumped.
Target for SP500 - 4000 / 4015
Target for Dow - 28075 / 28230
P.S. I've forecasted SP500 to pull back to 3280, but it bounced a little higher from 3302. Still close.
@WiseForex #SP500 #Dow #US30
Target for SP500 - 4000 / 4015
Target for Dow - 28075 / 28230
P.S. I've forecasted SP500 to pull back to 3280, but it bounced a little higher from 3302. Still close.
@WiseForex #SP500 #Dow #US30