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Annual Forecast for Amazon (2018)

01 Mar 2018 @ 12:24
Amazon stock (NASDAQ:AMZN) is a bull market. It consolidated in September and October 2017, gapped upwards towards the end of October and then trended upwards from then till now. In January, price went above the upper Trendline, trending further upwards. Even the large pullback that happened this month was not significant enough to force price […]
 

Annual Forecast for HSBC (2018)

23 Feb 2018 @ 01:56
HSBA stock (LSE:HSBC) is not currently looking sexy because the market is rough. Although the market was bearish last month, the month of February 2018 has been rough so far. The ADX period 14 is at the level 30 (high momentum), while the-DM is above the +DM (sell signal). However, the MACD default parameters, has […]
 

Annual Forecast for Apple (2018)

16 Feb 2018 @ 22:54
Apple stock (NASDAQ:AAPL) is currently in a bearish trend as price has dropped steeply in January and February. Since price went below the lower Trendline, the RSI period 14 has also gone below the level 50. This signifies weakness in the market. There may be upwards bounces, but they should be ignored because the dominant […]
 

Annual Forecast for Twitter (2018)

10 Feb 2018 @ 06:21
Twitter shares (NYSE:TWTR) is a bull market. For the past several months, price was going upwards in a slow and steady manner, prior to the current gap-up in the market, which has resulted in a strong bullish outlook. The gap-up has triggered a bullish bias, which ought to continue in spite of the current pullback […]
 

Annual Forecast for Tesla (2018)

02 Feb 2018 @ 19:57
Tesla Inc. stock (NASDAQ:TSLA) is currently bullish, though the recent market condition is quite choppy. Price is supposed to go upwards, which see. 4 EMAs are used for this strategy and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left part of the […]
 

Annual Forecast for Ebay (2018)

27 Jan 2018 @ 01:43
Ebay stock (LSE) is in an uptrend, with a Bullish Confirmation Pattern in the market. There is still much room for the market to go northwards as we shall see. Apart from the downwards movement that was seen in October and November 2017, the trend in the market has generally been bullish. Price is above […]
 

Annual Forecast for IBM (2018)

20 Jan 2018 @ 21:53
IBM stock (NYSE:IBM) is currently in an uptrend. The recent bearish correction would turn out to be an opportunity to buy long at better prices. In January 2018, price jumped above the upper Trendline, going further upwards. However, price suddenly experienced a shallow bearish correction, which would enable bulls to enter the market at better […]
 

Annual Forecast for FTSE 100 (2018)

20 Jan 2018 @ 21:34
FTSE 100 shares (FTSE:UKX) have been moving northwards strongly in the past two months. There is a Bullish Confirmation Pattern in the daily chart, and so, the pullback we are currently experiencing would be a temporary thing. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color […]
 

Annual Forecast for Google (2018)

13 Jan 2018 @ 00:22
Google stock (NASDAQ:GOOG) is a bullish market. Price consolidated in April to September 2017, and the assumed a bullish journey. The ADX period 14 is almost at the level 40, signifying a strong momentum. The DM+ is above the DM-, meaning that bulls reign. The MACD, default parameters, has its signal lines and histogram above […]
 

Annual Forecast for Facebook (2018)

06 Jan 2018 @ 02:09
Facebook shares (NASDAQ:FB) have been able to maintain their bullishness so far, in spite of occasional bearish corrections, which are temporary in some cases. The overall bias is bullish, and recently, the New Year has started on a bullish note, which promises further bullish movement in the year 2018. The RSI period 14 is above […]
 
 
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