Syz the moment

Last week, Bitcoin (XBTUSD) saw a strong sell-off to 78,225, revisiting the imbalance zone between 73,563-79,839 from last November. This level also aligns with the 50% Fibonacci retracement, reinforcing the idea of a healthy consolidation back into the discount zone. Ultimately, the week closed back above 91,306, forming an enormous hammer candle, a strong reversal signal. Keep an eye on the price action over the next few days. Source: Bloomberg

Alibaba (BABA US) has been in a bearish long-term trend since 2020, consolidating as much as 57% from its peak. This week, there are the first signs of a breakout of the major resistance at 125.84, and volume has picked up over the past 3 weeks, which is a positive indication. Keep an eye on the price action for potential developments. Source: Bloomberg

Honeywell (HON US) has consolidated 17% since November but remains in a bullish long-term trend. The stock is now back on the swing support zone. Keep an eye on the price action for potential opportunities. Source: Bloomberg

Diageo has consolidated 48% since January 2022, but the long-term trend (monthly chart) remains bullish. The stock is currently testing a major support level at 2139. Keep an eye on the price action for potential opportunities. Source: Bloomberg

ServiceNow (NOW US) has consolidated 19% since its January high, but the stock remains in a bullish trend. The consolidation that started last December is now approaching the first interesting imbalance zone between 964-1004. Another level to watch is the 50% Fibonacci retracement at 918. Keep an eye on these levels for potential opportunities. Source: Bloomberg

Swisscom (SCMN SW) is under pressure following its earnings release. The stock had reacted bullishly in December, with a 7% rebound from the demand zone between 486.50-505. Keep a close eye on this demand zone, as this level is crucial for the stock's next move. Source: Bloomberg

Nestlé (NESN SW) has consolidated 44% since January 2022! Recently, the stock rebounded off the 2003 bullish trend line and also from the demand zone between 73-77. Keep an eye on this potential turning point. Source: Bloomberg

Chainlink (XLIUSD) has consolidated 48% since its December highs. It has pulled back more than 50% on the Fibonacci retracement, confirming that it has reached the discount zone. Additionally, it has rebounded from the imbalance zone between 15.35-16.20. Keep an eye on the price action for potential opportunities. Source: Bloomberg