Meta Platforms breaking the trend and filling the gap
Meta Platforms (META US) under a lot of pressure today, breaking 476 swing support. It's now on it's way to fill end of January Gap. Support zones to keep an eye on over the next few days are : 387-398 / 358-368 / 340-351.
Novartis approaching 2 support zones
Novartis (NOVN SW) has now consolidated 11% since January last swing high. It's approaching two important levels. First zone 83.63-84.56 is a strong institutionnal demand level and second level is 83 which is the swing low support level ! Keep an eye over the next few days. Source : Bloomberg
Bitcoin remains in trading range
Bitcoin (XBTUSD) is in a trading range 59'317-73'797 since January 2024. With halving taking place in a few days, keep an eye for a breakout !!! Source : Bloomberg
Tesla entering major support zone
Tesla (TSLA US) is entering major support zone 152-160. Keep an eye at this very important level. Source : Bloomberg
Equinix trying to find support
Equinix (EQIX US) has reached support zone 786-798. It's down 12% since the highs. Keep an eye at this level. Source : Bloomberg
Ethereum consolidation reaching discount zone
Ethereum (XETUSD) has retraded (fibonacci) 50% of last swing. This is considered by many prop traders as the discount zone. Next decent demand level is 2870-2990. Keep an eye at the discount zone for an eventual rebound. Source : Bloomberg
Dassault Systemes breaking swing support ?
Dassault Systemes (DSY FP) remains under pressure since last earnings release end January. It's now trading below swing support 41.45. Keep an eye at the closing. Next support level is 38.96 - 39.25. Source : Bloomberg
Bitcoin next support level ?
Bitcoin (XBTUSD) consolidating (down 6% now). Keep an eye on next support zone that seems interesting 59'317-62'750. Source : Bloomberg
