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INTC Daily Chart Analysis INTC has faced significant challenges for investors. It remained in a sideways market from November 2017 to May 2022, lasting almost four years. In May 2022, its 'sideways' market became a 'Distribution' stage as the price broke down, entering a downtrend. The downtrend was sharp between May 2022 and October 2022, resulting in a 42%...

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The UK Central Bank Just Cut Interest Rates: What Can We Expect? Sometimes folks see this as a positive thing, but it all depends on the circumstances under which it is being done. Monthly Chart Analysis: FTSE 100 Index vs. United Kingdom Interest Rate If we look at the FTSE 100 Index, it's clear that the UK economy was in a strong uptrend between 1988 and...

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HTZ Bout to catch a hurtin’ Daily chart analysis These jokesters went from filing for bankruptcy to owning a fleet of Teslas cars and having commercials with Tom Brady. Those covid bucks did everyone pretty good huh?! But if you look around, every company little by little has been taking back all those “Covid gains” and the “investor” has been the one paying...

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BTC History likes to repeat itself. Weekly chart analysis Below I will be comparing the current BTC weekly chart VS weekly BTC chart of period Oct.’13 – Feb.’17 Both charts start with a Parabolic move upwards in price followed by a crash of at least -50%. The crashes forces BTC into a sideways market, which eventually broke towards the downside. This...

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GOLD GOLD has provided a great chart to review the different stages of the market. The past 10 years, GOLD has showed us all 4 stages of the market: Distribution, Accumulation, Downtrend, & Uptrend. Daily Chart Analysis Gold went crazy December ‘79. A parabolic move took price from about 400.00 to about 870.00 That was the last move of an uptrend that lasted...

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WFC WFC looking more like KFC to the bears. If you look at many of our banks and their stock charts, they have doe nothing but move sideways since the crash of ‘07-’09. Now about 15 years later, it looks like its time for the bears to finish off most of these banks and what we’ve known as our banking system. Was it a coincidence that Bitcoin was created 2008...

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DKS "Long" Dicks are for chicks. Daily Chart Analysis Prior to Covid, DKS had lost its Uptrend and had been moving sideways since 2014. In 2017, the sideways range broke down signaling the start of a downtrend. At this point Price pulled back to previous support looking to turning it into resistance. Then covid happened. Price was blasted down all the way to...

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RTY1! I sometimes wonder if people realize how bad things are going to get. Daily chart analysis RTY1! Reached all-time highs after the fake money covid pump. It then spent all of 2021 moving sideways in what turned out to be a Distribution stage. It entered a downtrend (under 200ema) to start 2022 and found support by mid-year. Now over the last 12 months,...

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Keeping it simple TQQQ Multi-time frame analysis Daily chart – Long term Pretty clean straight forward chart. In this one we can see the different stages of the market. After topping out in Aug. ’18, price entered a “sideways” market between Aug.’18 – May’20. The “sideways” market was deemed an Accumulation stage after price broke upwards and entered Uptrend....

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GM About to blow. After receiving those COVID bucks that propelled its stock into a nice uptrend, GM spent most of 2021 in a distribution stage, forming an M-top pattern. The price entered a downtrend in February '22 and finally found support in July '22. The price entered a sideways range, initially resembling a rising wedge but later developing into a...

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ORCL Was in an uptrend the 1st have of 2023 topping out in June 2023. Price then started to move sideways and formed a what looks to be a M top pattern. Price has broken thru the neckline of the M top pattern and the trendline the uptrend created. This is my que to enter trade short. Entry: 110.07 Stoploss: 116.48, -5.82% Target #1: 85.00, +22.78%, 3.91 RR...

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CRTO Daily chart analysis CRTO bottoms out at all-time lows Mar.’20 at around 6.45. The freshly printed covid bucks sent the stocks into uptrend up to 45.50 The stock eventually starts moving sideways in form of an M top pattern with a neckline/support at around 34.00 Feb.’22, price breaks down from M Top pattern, signaling the start of downtrend. Price enters...

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SNAP Daily chart analysis The influx of freshly printed Covid bucks propelled this stock into an uptrend between March 2020 and July 2021. After reaching its peak in July 2021, the price entered a sideways market that collapsed at the end of October 2021. This collapse initiated a sharp downtrend, persisting from October 2021 through October 2022. In October...

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Trend confirmation Weekly Chart analysis SPX vs RUT My analysis is based on the Dow Theory's 'Concept of Confirmation' to determine the primary direction of the stock market. In Q2 2020, both the SPX and RUT entered an uptrend. The RUT reached its peak in March 2021, and the uptrend came to an end, with prices moving sideways. Meanwhile, the SPX continued to...

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Ebay. Bid on this. Ebay was in an uptrend that reached its peak in September '21 when the price entered a distribution stage in the form of a Double Top pattern. In December '21, the price broke down from the Double Top pattern and entered a downtrend. he downtrend persisted, making lower lows and lower highs from December '21 through October '22. The price...

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YUMC YUM! After running into major resistance level between Mar.’23 – May ’23, price has formed a Downtrend channel. The 1st entry short entry was July’23. Price found itself at resistance level of channel with “over-bought” Stochastic reading. See #1. Price now finds itself again at the channel’s resistance level with an “over-sold” stochastic reading. See #2....

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SBUX SBUX has been a volatile stock since 2018, a characteristic that tends to be unpopular among investors. Between April '21 and January '22, the price entered a distribution stage, forming a Head and Shoulders pattern. The breakdown of this pattern, along with a Death Cross signal, marked SBUX's entry into a downtrend. The downtrend persisted until May '22...

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Technical Analysis of Stock SOUN Introduction: SOUN, founded by a computer scientist from the dot-com era, has garnered significant attention from investors, including heavyweights like NVDA and Kleiner Perkins. Notably, Kleiner Perkins' backing is a considerable endorsement. The company's innovations, such as AI-powered burger ordering at White Castle,...