SMI Index Inverse Head and Shoulder pattern ?
SMI Index is forming an inverse Head and Shoulder pattern (H&S). Potential trend reversal. Keep an eye on 11'172 resistance level. Source : Bloomberg
Visa under selling pressure after testing resistance level
Visa (V US) is under selling pressure after testing resistance level 249-252. Strong volume today (4 million shares in 40 min trading). Source : Bloomberg
Amazon reaching strong resistance level
Amazon (AMZN US) just reached strong resistance zone 144-147. After a 78% rallye since January, will it be able to breakout that level ? Source : Bloomberg
JP Morgan Chase consolidation breakout ?
JP Morgan Chase (JPM US) is showing signs of a breakout ! Since July stock has consolidated more than 10% and tested major support 144 a few days ago with success. Keep an eye at volume. Source : Bloomberg
Apple rebound or retest of 160 ?
Apple (AAPL US) is back on support zone 172-176. Will it be able to rebound on this support zone or if not next support level could be 160 (represented by January 2022 downtrend consolidation). Source : Bloomberg
ASML back on major support level
ASML Holding (ASML NA) is retesting major support zone 568-580. Keep an eye. Source : Bloomberg
Bitcoin rebounding ?
Bitcoin (XBTUSD) is showing fist signs of a rebound on major support zone 24'650-25'250. Keep an eye the next few days. Source : Bloomberg
FTSE Mib Index rebounding on major support level
FTSE MIB Index rebounded yesterday on it's June-July breakout level. This is a major level as it was tested at least 6 times since 2021 before the breakout. There is also a support represented by December uptrend at 27'500. Keep an eye. Source : Bloomberg
