Looking at the monthly chart, we can see that the index is in consolidation in a range, that has been forming since 2016. While in consolidation the index bounced from…
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Equities & Indexes - Technical Analysis
Every week we publish our technical analysis for the equities and indexes, which looks interesting. We focus on breakout, technical patterns, key support and resistance levels, combined with a trend/wave-based analysis.
Our mission is to help you improve your technical analysis, trading, and investing.
Tesla Inc. – monthly chart is within its 3rd bullish wave
technical analysis for 2021 During the last 10 months the price moved parabolically, which is always a warning sign. The monthly chart is within its 3rd bullish wave. The first…
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Micron Technology Inc. – technical analysis for 2021
Looking at the monthly chart we can see that the break out that materialize in 2013 was confirmed and extended with another break out higher in September 2017. The monthly…
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Russell 2000 – technical analysis for 2021
After the initial shock during the COV19 market selloff, the index not only fully recovered but it broke above the pre-pandemic high, thanks to the massive liquidity provided by the…
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Netflix Inc. – break above the 2018 high, technical analysis for 2021
In 2018 the price reached the 2.618 FIB extension of the 3rd bullish monthly wave, around 410.00, and started a 4th pullback wave with -45.00% decline. In April 2020 we…
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Amazon COM Inc. – technical analysis for 2021
Looking at the quarterly chart, we can see that the price completed the 3rd bullish wave at 4.272 FIB extension around 2050 and started 36.00% decline. That decline formed ascending…
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French CAC 40 Index – technical analysis for 2021
Long-term view, the monthly chart is in its 3rd bullish wave, ever since the index bottomed in 2011, the first target of this wave is the 1.272 FIB extension around…
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Microsoft Corp. – technical analysis for 2021
The price is within its 3rd bullish wave on the quarterly chart, which started with the breakout in 2016, break above the high around 60.00, December 1999 high. The first…
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German DAX Index – technical analysis for 2021
Long-term view, the monthly chart is within its 3rd bullish wave, the first target of this wave is the 1.272 FIB extension around 16 550. However, the price is facing…
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UK FTSE 100 Technical analysis for the index for 2021
The price is within 3rd bullish wave on the weekly and the daily charts. The first targets of the 3rd bullish daily wave is at 1.272 FIB extension around 6700,…
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Alphabet Inc. (Google) – technical analysis for 2021
The price broke above the 2007 high, above 374.00$, in February 2013, that break, later on led to the start of the 3rd monthly bullish wave. The price reached and…
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