Syz the moment

Nestle (NESN SW) has consolidated 33% over the last 30 months! It's now back on a major support zone between 83.37 and 86.91. Keep an eye on the price action over the next few days. Source: Bloomberg

Dassault Systeme (DSY FP) has consolidated 33% since its January breakout! It is now testing a major support zone between 32.23 and 34.20. Keep an eye on this critical level over the next few days. Source: Bloomberg

Walt Disney (DIS US) has consolidated 61% since March 2021 and recently confirmed a change in the bearish trend! The stock is back at very important levels. The 1st support zone at 88-91 is critical to watch, and if it breaks, the next level to keep an eye on is between 78.73 and 84. Source: Bloomberg

LVMH (MC FP) hasn't moved much on earnings today. The stock is still within the support zone of 647-695. This isn't a major swing support, so be careful. A rebound can happen, but the market may still test the last major swing support between 535-573. Source : Bloomberg

ASML is under pressure today, down 8% due to earnings. The next major support zone to keep an eye on is between 804-862. Source: Bloomberg

McDonald's (MCD US) has been in a support zone for 9 weeks! Last week, there was a false breakout below 245, but it managed to close above. On the short-term chart, there is growing bullish momentum. Keep an eye on it. Source: Bloomberg

10-year average: 22x Apple's EV/EBITDA Ratio: 27x 10-year average: 15x Apple's Price to Sales Ratio: 9.3x 10-year average: 5.0x $AAPL Source: Charlie Bilello

Bitcoin (XBTUSD) is now testing the major support zone between 56,500-58,000. This zone is critical because if it breaks, the consolidation that started in March could become more complex and volatile. It would open the door for a test of the next support level at 50,700-52,250 or even the 45,000 levels. But for the time being, keep an eye out for a rebound at this level. Source: Bloomberg