- NVIDIA broke support zone - Likely to fall to support level 115.00 NVIDIA opened today with the sharp downward gap breaking the support zone located between the support level 126.65 (former monthly low from December) and the 38.2% Fibonacci correction of the upward impulse from August. The breakout of this support zone accelerated the active short-term impulse wave i, which belongs to the intermediate impulse wave (3) from November. NVIDIA can be expected to fall further to the next support level 115.00 (former monthly low from October).
There is a clear divergence between price and momentum (RSI) on the daily chart. The ~$178 and ~$167 levels are key areas where I anticipate the correction could bottom, potentially marking the start of a new upward move.
As we see US draws on reserves its safe to say cheaper pricing is ahead of us. with Trump looking to loosen restirctions on drilling and surplus of oil being in the market even if suadis put the breaks on pulling oil we will still see a drop in price.
You can see that the balance sheet (total assets) of the ECB is at the bottom of a channel. Just like that of the FED (see my previous post). Given the current financial and economic situation in the EU, I expect a switch from QT to QE within a few months. If I look at the money supply of the EU, the previous ‘ATH’ (September 202) has already been broken. For the US, this is now very close. In other words, if the market crashes now, that will certainly be a reason to increase the money supply further and to switch from QT to QE. Interesting times. I foresee a repeat of the period 1995-2000! This means that the final phase of the bull market has yet to begin.
- Apple reversed from support zone - Likely to rise to resistance level 237.00 Apple recently reversed up from the support zone located between the key support level 220.00 (which has been reversing the price from October), lower daily Bollinger Band and the 61.8% Fibonacci correction of the sharp upward impulse (C) from August. The upward reversal from the support level 220.00 stopped the previous minor impulse wave 1, which belongs to wave (C) from the start of January. Given the clear daily uptrend and the oversold daily Stochastic, Apple can be expected to rise further to the next resistance level 237.00.
My fellow traders! This is not for trading but is for study. It's my personal analysis and personal opinion. Trade on your own risk. My Dear Fellow traders! What do you think about USOIL today's Market. USOIL ready to fly. Current price:72 Resistance zone :74.50_ 75.50 Demand zone:76.50 Support zone: 72.50_71 Kindly comment, support and follow me for more latest updates.
https://www.tradingview.com/x/f7HmaYmk/ Hello,Traders! GOLD is making a local Bearish correction while Trading in an uptrend So after it hits the Horizontal support of 2720$ And after the retest we Will be expecting a Local bullish rebound Buy! Comment and subscribe to help us grow! Check out other forecasts below too!
Gold was declining further rise to the ATH and touched our dMonthVAH Level which is forwarding us further downside to the pweekVAL 2.718 area !
OM PERPPETUAL TRADE OM/USDT SELL SETUP Currently $4.55 Sold at $4.55 (Trading plan If OM/USDT up to $4.70 we will add more sell) Expecting target $4.38 0R DOWN Incase of early exist will update this anaylsis Its not a Financial Advice
Potential Breakout in the next week for NVAX. Would not be surprised to see a move to around $10.60 in the next few days. If it can break the bigger wedge, a potential big upside to around $14-$15 range. Besides this short term idea, the stock has even greater upside from a TA point of view if you look at the weekly/monthly charts. What is your opinion?