LVMH Back on Demand Zone
In January, LVMH (MC FP) managed to break an important level, suggesting a shift in the trend. The stock is now back in the demand zone between 582-607, just above the major support zone between 535-573. Keep an eye on the price action in the next few days for potential opportunities. Source: Bloomberg
Apple Back on Strong Demand Zone
Apple's trend remains very bullish and the stock has consolidated 20% since the December high. It’s now back on a strong support zone between 196-216. Keep an eye on the price action for potential opportunities. Source: Bloomberg
Mastercard Back on Swing Support Zone
Mastercard (MA US) has consolidated 11% since its last swing high. The stock is now back on the major support zone between 499.92-521. The long-term trend remains very strong. Keep an eye on the price action for potential opportunities. Source: Bloomberg
Tesla Back on Important Zone
Tesla (TSLA) has consolidated 50% since its December highs! The stock is now back in its discount zone (more than 50% retracement Fibonacci on the last swing) and is also reaching the imbalance zone between 225-245. Additionally, there is a strong demand zone between 212-249. Keep an eye on price action in these critical zones. Source: Bloomberg
UBS Retesting Strong Demand Zone
After a 12% consolidation since the February high, UBS is reaching its January breakout level and also a major demand zone. Keep an eye on these levels for price action and potential opportunities. Source: Bloomberg
Lindt & Sprüngli Symmetrical Triangle Breakout ?
Lindt & Sprüngli (LISP SW) is breaking out of a large symmetrical triangle, a continuation pattern that has been forming since March 2022 ! The stock is seeing strong volume today due to earnings, and the long-term trend remains very bullish. This is a clear trend continuation pattern. Keep an eye on the price action as the breakout unfolds. Source: Bloomberg
Bitcoin Amazing Move Last Week
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 Trying to Break Major Resistance?
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
