The first major downside target is the 50-day moving average at $71.87, which is trading on the strong side of the 200-day moving average at $63.51. The short-term moving average crossed to the bullish side of the long-term moving average on March 2, perhaps launching the start of the rally to $113.41. The spread between the 50-day MA and the 200-day MA is currently at +8.36.Although we could see some short-term weakness and volatility, it’s going to be a while before the 50-day MA crosses to the bearish si ...

Time now to take us through the chart and an example trade is Tom White, senior options contributor. All right, Tom. So, they pulled back a little bit, but still, you know, signal some upside from here.Can you take us through the chart first. Well, you mentioned the BFA note, but I think what's more telling is the Morgan Stanley note where they actually uh, you know, kept their buy rating on the shares and said positive uh survey data from them uh moving forward and they mentioned uh the uh the amount of ma ...

Software stock Cisco Systems Inc (NASDAQ:CSCO) is up 1.3% to trade at $78.58 at last glance, bucking today's broader market headwinds. Shares have shaved off over 10% since their Feb. 10 all-time high of $88.19. However, a historically bullish signal now flashing could help CSCO break out higher. According to Schaeffer's Senior Quantitative Analyst Rocky White, Cisco Systems stock is within 0.75 of the 80-day moving average's 100-day average true range (ATR), after remaining above it 80% of the time in the ...

Core Insights - A trading expert warns that the S&P 500 is at a critical technical juncture that could determine its long-term trend, with recent closes below the 100-day moving average signaling a potential bearish confirmation [1] Technical Analysis - Attention is focused on the 50-week moving average at approximately 6,500, which serves as a major support level that separates bullish continuation from a structural downturn [2] - Historical drawdowns, such as the 2022 inflation bear market, show that the S&P 500 tested this support while the weekly RSI was in the mid-40s, indicating a potential breakdown if this level is breached [3] - A break below the 50-week moving average could lead to a decline towards the 200-week moving average, which is a key long-term support level [3] Historical Context - Past corrections have seen declines of about 27.6% and 21.8% when extending to the 2.382 Fibonacci level, indicating substantial downside risk [4] - The S&P 500 could find a long-term accumulation zone between 5,700 and 5,500, which aligns with Fibonacci targets and typical correction ranges, remaining slightly above the 200-week average [5] Market Conditions - The S&P 500 has traded in a narrow range recently, rebounding from dips related to oil supply concerns, with oil prices peaking near $100 per barrel [8] - Despite these concerns, the S&P 500 has shown underlying strength with limited sell-offs and rotations into energy and defensive sectors [8] Future Outlook - Analysts express cautious optimism for 2026, driven by solid corporate earnings growth, AI productivity gains, and economic resilience [9] - Investors are closely watching the Federal Reserve's upcoming meeting for clarity on interest rates amid the current uncertainty [10]

Three important factors on the Total market capitalization for #Altcoins.First of all, the trend remains to be downwards until proven otherwise.However, trends bottom/top out and therefore waiting for the clear confirmation of a trend reversal is a good sign to add towards positions, doesn't mean that the DCA strategy isn't wise when things have gone down this much (mean reversion play).Secondly, the gap between current price and the 21-Week MA is enormous.This has been seen in the previous tick down in Q4 ...

Group 1: Bullish Flag Formation - CAVA shares are forming a potential bullish flag pattern after a peak of $86.48 two weeks ago, with a breakout indicated above $82.22 [1] - The flag pattern may require additional time to develop before a breakout occurs, and it could evolve into a different consolidation pattern [1] Group 2: Support Zones - The 20-day moving average at $74.36 serves as an initial downside target, with prior resistance at two swing highs near $72.98 [2] - The 50-week moving average is located at $71.57, and if this support fails, the 200-day moving average at $68.30 becomes the next target [2] - The 200-day line is close to a rising trendline at the lower boundary of a rising channel [2] Group 3: Measured Upside Targets - An initial upside target of $87.72 was nearly reached during a recent advance, representing the 100% projected target for a rising ABCD pattern [3] - A higher target is near the 38.2% Fibonacci retracement level from the November peak at $172.43, with a lower swing high at $93.69 and a 127.2% Fibonacci projection at $95.74 [3] Group 4: Potential Recovery Trend - If the price zone is reclaimed, an upside target range from $105.93 to the 50% retracement at $107.92 becomes relevant [4] - A sustained breakout from the developing flag could reinforce the post-earnings reversal and support a continuation of the recovery trend from the November low of $43.41, which completed an 88.6% Fibonacci retracement of the previous long-term advance [4]

Bitcoin closed February at $66,985 .. below 2021 ATHApproaching 200 week moving average ($58k black line) and realized price ($54k grey line). RSI<45 (blue). https://t.co/ikWODbajQG ...

Core Insights - Microsoft is experiencing significant long-term warning signals as a result of a sharp selloff, pushing the stock into a critical technical zone [1] - The stock has fallen to $397.29, down 7.67% in the latest monthly candle, breaking below the $410 level and testing a key long-term support zone [2] Technical Analysis - The focus is on the 50-month moving average (MA), which has served as Microsoft's primary structural support since December 2011, previously leading to bullish reversals [3] - A confirmed monthly close below the 50-month MA would indicate a major technical breakdown, with the next key support at the 100-month moving average near $300, aligning with significant Fibonacci retracement levels [4] - The monthly Relative Strength Index (RSI) is testing the crucial 44 support level, with a potential break below opening the path toward the oversold threshold of 30, which could coincide with a price decline toward the 100-month moving average [5] Financial Performance - Following the fiscal Q2 earnings report in late January, Microsoft reported a 17% revenue growth to $81.3 billion, exceeding estimates, but concerns arose from a $37.5 billion capital expenditure primarily for AI data centers and GPUs [6] - Despite robust demand for AI and cloud services, heavy spending has led to skepticism among investors, with some major funds trimming positions due to fears of delayed returns and potential margin pressure [7]

Core Insights - MRNA has experienced a pullback to a low of $36.66, indicating a potential successful test of support near the rising 10-week moving average at $37.74, suggesting readiness for a bullish trend continuation [1] - The key resistance level is identified at $55.20, where multiple indicators converge, and breaking this level could lead to accelerated bullish momentum [2] - Long-term upside targets for MRNA include the 200-week moving average at $92.99, with an initial target potentially being the 38.2% Fibonacci retracement at $76.72 [3] Group 1 - MRNA fell to a low of $36.66 this week, indicating a successful test of support near the 10-week moving average at $37.74 [1] - The area around $55.20 is identified as a key resistance level, with several technical indicators reinforcing this [2] - The 200-week moving average at $92.99 is highlighted as a long-term upside target, with the potential for MRNA to reach the top side of the falling channel [3] Group 2 - The bullish reaction following the low suggests that the pullback may complete the first phase after a long-term breakout [1] - The confluence of indicators at $55.20 suggests that breaking this level could confirm a continuation breakout [2] - The analysis indicates that the 38.2% Fibonacci retracement at $76.72 may be reached before the 200-week moving average [3]

Group 1: Delta Airlines - Delta Airlines is experiencing a slight decline of about 2% year-to-date, but remains stable overall [3][4] - The company has a strong reputation for reliability in consumer travel, particularly in corporate travel with premium services [4][5] - Delta's business model includes domestic, international, and cargo operations, with cargo accounting for approximately 9% of its revenue [5][6] - The stock is approaching the 50-day moving average, which historically has provided a bounce point for the stock [7][14] - Current technical analysis indicates potential support levels around 68 and 64-65, with a bearish short-term outlook but bullish medium to long-term sentiment [8][10][14] Group 2: General Motors - General Motors (GM) has had a mostly flat performance this year, but has recently increased its dividend by about 20% [17][18] - GM is focusing on internal combustion engines (ICE) while managing costs effectively, avoiding overcommitment to electric vehicles (EVs) [18][19] - The company reported a slight revenue miss but beat on earnings, indicating a strong financial position [20][29] - Technical analysis shows a potential bounce at the 50-day moving average, with a bullish long-term outlook if this level holds [21][31] - Current trading strategies suggest a long-term bullish position with options expiring in January 2027, with a break-even point around 88 [31][32] Group 3: Uber - Uber has faced challenges due to increased competition in both ride-hailing and delivery services, leading to concerns about its growth potential [34][35] - The stock is expected to decline further, with a potential support level around 60, indicating a bearish outlook [36][37] - Technical indicators suggest a strengthening downward trend, with moving averages diverging and RSI indicating oversold conditions [39][40] - Trading strategies for Uber suggest a bearish position with options expiring in June 2026, targeting a break-even point at 69.50 [42][43]