Upside Targets in FocusThe next potential milestone for gold sits at $3,734, marked by a 161.8% Fibonacci extension derived from the last significant corrective swing. However, this target stands alone without reinforcement from other technical measures, suggesting that the more significant resistance zone lies higher. That zone ranges from $3,782 to $3,812 and includes at least five different technical objectives. Among them is a measured move target from the symmetrical triangle pattern that gold broke ou ...

Last week, I bought Tesla ((TSLA) for Technology Innovators subscribers with the notion that Tesla’s energy business is underrated, the worst is behind the legacy EV business, and, most importantly, Elon Musk is motivated again. Here is an excerpt from my article from last week, Beyond EVs: How Tesla’s Energy, Robots, and Robotaxis will Power the Next Growth Phase:“I think he has extraordinary skills. A lot of it has to do with what I call the signal-to-noise ratio, and I learned from Steve Jobs back in the ...

XRP has staged a powerful comeback above $3, but a crypto analyst says the technicals now point to a breakout that could deliver returns few would have imagined. Technical analyst Matt Hughes shared a chart this week showing a long-term Fibonacci extension that places XRP’s next major targets at $8.30, $13.39, and even $26.63. At its current price near $3.05, that would represent a gain of over 773%. “XRP wants to play too,” Hughes remarked, suggesting the coin could soon follow in the footsteps of other ...

Core Viewpoint - Meta Platforms' stock is projected to reach $770 in the coming weeks, requiring a 13% increase from its current price of approximately $680, following a nearly 15% gain over the past month [1][6]. Technical Analysis - A technical analysis indicates that Meta has shown its strongest short-term bullish signal in over two years, marked by a four-hour golden cross, which typically signals the beginning of a sustained upward trend [3][5]. - The current chart setup resembles a historical pattern from January 2023, which preceded a significant rally from under $120 to over $300 within a year [4][5]. - The four-hour Relative Strength Index (RSI) patterns from 2022-2023 align closely with current conditions, supporting the potential for a similar upward trajectory [5]. Macroeconomic Factors - Meta's stock rally could be further supported by favorable macroeconomic conditions, such as potential interest rate cuts and advancements in global trade agreements [6]. - The next major technical target is identified as the 1.786 Fibonacci extension level, which is above $1,000 before any significant market correction occurs [6]. Analyst Insights - JPMorgan has revised its price target for Meta from $675 to $735, citing the company's strong position in social graph ownership, advertiser targeting, and strategic investments in AI and the Metaverse as key growth drivers [6][7]. - The bank's analysts describe Meta as an "enduring blue-chip company" benefiting from a unique combination of scale, growth, and profitability [9].

Advanced Micro Devices can’t seem to catch a break. AMD stock (NASDAQ: AMD) has been trending downward for an entire year.AMD shares have been trading around $100 — give or take a few dollars, since late February. At press time on March 10, Advanced Micro Devices stock was changing hands at a price of $99.29, with year-to-date (YTD) losses standing at 17.80%.AMD stock price year-to-date (YTD) chart. Source: Google FinanceThe chipmaker’s latest line of products performed admirably against Nvidia’s, at least ...