WYFI: Bull Flag Breakout Loading? Bigger Picture Points HigherAfter rallying to a new high near 47, WYFI entered a healthy correction, carving out what appears to be a bull flag—one of the most reliable continuation patterns in a strong uptrend.
From the recent price action, the pullback appears to be maturing, and buyers are beginning to challenge the flag resistance.
More importantly, this flag is forming within a much larger rounding bottom pattern, making this a high-confluence setup.
🔥 Multiple Bullish Factors
🚩 Bull Flag Formation
🟣 Rounding Bottom Structure Breakout and Retest
📈 Healthy Consolidation
The correction has been orderly, allowing momentum to cool before the next potential move higher.
A bull flag nested inside a rounding bottom often provides stronger confirmation than either pattern alone.
🎯 Bullish Scenario
➡️ A decisive breakout above the flag and reclaim of 41 would confirm buyers are back in control.
🎯 Target 1: 47 (Previous High)
🎯 Target 2: 60 (Measured Bull Flag Target)
🚀 Extended Target: 71 (Rounding Bottom Measured Move)
⚠️ Key Level to Watch
👀 The 41 resistance is the key trigger.
A successful breakout above this level would significantly increase the probability of another impulsive move toward new highs.
❌ Bullish Invalidation
🔴 The bullish thesis remains valid as long as WYFI holds above 31 on a daily closing basis.
A decisive daily close below 31 would invalidate the current setup and increase the probability of a deeper correction.
💡 Overall, I view the current price action as a healthy pause rather than a trend reversal. If buyers can break the flag resistance and reclaim 41, WYFI could be setting up for another leg higher with 47, 60, and potentially 71 as the next major objectives.
Nasty rejectionApple tried to make ATH yesterday but the price was rejected as shown. Now is trading below the resistance at 317. I don't think that is going to close above that level. I think is going back to the support at 300 before trying ATH again. I bought puts 07/31 300. If the price closes above 317 I'll take the loss.
SPCX - Early Signs of a Low I have been keeping a close eye on SpaceX since the IPO and now is the time to start paying attention. Right now SPCX has the chance to form a low on the LTF and break out of this falling wedge structure.
It may look slightly unconventional since this is the 1H chart and the angles I have drawn are for my 4H chart. However, since there is not much price history to examine yet given how recently this stock IPO'd, I wanted to break it down on the 1H timeframe for now.
One side note worth mentioning is that I still believe in the mid term SPCX has further to go down before reaching a true capitulatory low. My early projection for that major low is somewhere between $98 and $103. I will dive deeper into that idea in a future post, but for now let's examine the present.
Since the IPO, SPCX experienced significant euphoria, topping out within the first 100 hours of trading. From there price declined and swept the IPO low, marking the first major low of the post-IPO structure. A brief accumulation phase followed before price rallied into a lower high, then continued the pattern of lower highs and lower lows that has defined this falling wedge so far.
SPCX is showing early signs of a low trying to form. If this holds, trend momentum should begin curling back to the upside here, which I have labeled "Watch for Oversold Bounce" on the RSI. If that plays out it would solidify the slight bullish divergence forming on the 1H timeframe and should push price back toward $140.
Once price reaches the upper yellow trendline, that is when it comes to decision time. If buyers have enough fuel behind them, that could initiate some sort of squeeze with price breaking above that key level. It is difficult to say exactly when price reaches that level, but it could occur anywhere between $140 and $145.
I will be making an updated post once price approaches this level, but a successful breakout could lead to a move as high as slightly above $170-$176.
That said, I would still be expecting a further decline even if this bullish scenario plays out first. I wanted to give an early projection of what I am seeing given how much attention this new stock is receiving.
Of course this is only the 1H timeframe and there is not a lot of price action and data for me to analyze at the current moment, so take this with a grain of salt. But since so many people are interested in SpaceX, I want to provide the best analysis possible before this new stock makes its next major move.
Follow @VIAQUANT to stay updated when I make my next SPCX post!
AMD Rose 180% in Months to Record Highs. What Its Chart Says NowAdvanced Micro Devices NASDAQ:AMD has gained some 250% over the past 12 months, including rising more than 180% in roughly four months since hitting its 2026 low on March 3. Let's see what the chip giant's fundamental and technical analysis can show us.
AMD's Fundamental Analysis
TD Cowen's Joshua Buchalter this week boosted his AMD price target to $675 from a previous $600 (and the $548.13 the chip firm closed at on Tuesday).
Buchalter also reiterated his "Buy" rating for the stock, writing in a research note about major artificial-intelligence product launches that he expects from the firm during 2026's second half. He also believes CPU demand will remain quite strong, bolstered by agentic AI.
Buchalter is a top-rated sell-side analyst, with TipRanks noting that he's built a 77% success rate and 68.9% average return over the past two years.
Just a few days earlier, Ruben Roy took over AMD coverage for Stifel Nicolaus and promptly rated the chip stock a "Buy," increasing his firm's target price to $635 from an earlier $475.
Roy has had a 79% success rate and 111.1% average return over the past two years, according to TipRanks.
All in, AMD has 28 "Buy" ratings, eight "Hold" designations and zero "Sells" among the 36 analysts that TipRanks follows who cover the stock.
Their 12-month price targets range from a $725 high to a $250 low, with the average forecast predicting the stock will hit $531.78.
Meanwhile, Wall Street expects AMD to release its Q2 results in about three weeks on or about Aug. 4, with analysts' consensus view calling for $1.61 in adjusted earnings per share on roughly $11.1 billion of revenue. (The range of expectations spans from $1.48 to $1.74 in adjusted EPS and $11.1 billion to $11.65 billion of revenue.)
If AMD meets the consensus estimate, that would represent a 235.4% year-over-year gain from the $0.48 in adjusted EPS that the firm reported in the year-ago period. AMD would also see around 44% growth from Q2 2025's $7.7 billion in sales.
The Street is also looking for 43% of sales growth for 2026 as a whole, as well as 56% for 2027.
In fact, 36 of the 40 sell-side analysts that I know of who over AMD have increased their earnings estimates since the quarter began, while just one analyst has cut their forecast. (Three have made no changes.)
AMD's Technical Analysis
Next, let's go to AMD's year-to-date chart as of Monday afternoon (July 13):
Readers will see that AMD recently tried to break out of a rising-wedge pattern of bearish reversal that ran from late March into early July, as marked with orange shading above.
While that breakout failed, AMD has now found consistent support just above the 23.6% Fibonacci retracement level of its late-March/late-June rally, as denoted by the gray lines and shading in the chart.
Admittedly, the shares have struggled to hold their 21-day Exponential Average (or "EMA," marked with a green line at $526.90).
AMD has been both above and below the 21-day EMA line in recent weeks, which very likely implies that the swing crowd is mixed on what to do with the stock at these levels.
The share price could even fall all the way back to its 50-day Simple Moving Average (or "SMA," denoted by a blue line at $486.10). That's where the stock would likely face a test by professional portfolio managers.
Conversely, getting swing traders behind AMD would probably require a more bullish posture to the stock's daily Moving Average Convergence Divergence indicator (or "MACD," marked with blue bars, a black line and a gold line at the chart's bottom).
The 12-day EMA (the black line) would have to cross over the 26-day EMA (the gold line), while the histogram of the 9-day EMA the blue bars) would have to move into positive territory. All of that would be bullish.
Meanwhile, AMD's Relative Strength Index (or "RSI," the gray line at the chart's top) is slightly better than neutral, but not really a factor in this analysis.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle was long AMD at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
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Novo Nordisk (NVO) | 1D Technical AnalysisNovo Nordisk is approaching a critical technical inflection point after spending months in a primary downtrend. The recent price action is forming a Falling Wedge directly beneath the long-term descending trendline—a pattern that often precedes a bullish reversal when confirmed by a breakout.
Market Structure
The long-term trend remains bearish, defined by a sequence of lower highs and lower lows. However, the selling pressure has weakened significantly, and buyers are gradually regaining control.
Price is now testing two major technical barriers simultaneously:
The multi-month descending trendline
The upper boundary of the falling wedge
This confluence creates a high-probability decision zone.
Bullish Scenario
A daily close above the wedge resistance and the long-term trendline, ideally with above-average volume, would confirm a trend reversal.
Such a breakout could trigger:
Short-covering momentum
Fresh institutional buying
A transition from a bearish trend into a medium-term bullish structure.
Bullish Targets
Target 1: $54.00
Target 2: $58.00
Target 3: $62.00
Extended Target: $66.00–68.00
Bearish Scenario
Failure to break the descending trendline would keep the primary downtrend intact.
A rejection from current levels could lead to another decline toward:
$48.00
$46.00
$44.00 (major demand zone)
A daily close below the wedge support would invalidate the bullish setup.
Volume Analysis
Volume has contracted during the wedge formation, which is characteristic of a mature falling wedge.
The ideal confirmation would be:
Strong bullish candle
Volume expansion above the 20-day average
Breakout sustained by consecutive higher closes
Without volume confirmation, any breakout should be treated cautiously.
Momentum Outlook
The recent higher lows suggest improving momentum despite the broader bearish trend.
If buyers can establish a higher high above the recent swing high, the market structure would officially shift toward bullish.
Trading Plan
Buy Trigger
Daily close above the falling wedge resistance and long-term trendline.
Stop Loss
Below the recent swing low / wedge support.
Profit Targets
TP1: $54
TP2: $58
TP3: $62
Risk Assessment
Current Trend: Bearish
Short-Term Momentum: Improving
Pattern: Falling Wedge (Bullish Reversal)
Breakout Probability: 70–75% if confirmed with strong volume.
Risk/Reward: Approximately 1:3 after a confirmed breakout.
TradingView Summary
NVO is trading at a key technical decision point where a multi-month descending trendline converges with a bullish falling wedge pattern. Price compression and declining volume suggest the corrective phase may be nearing completion. A confirmed daily breakout above both resistance levels could mark the beginning of a medium-term trend reversal, opening the door toward $54, $58, and potentially $62. Until the breakout is confirmed, traders should remain patient and wait for volume-backed confirmation rather than anticipating the move.
AMZN - No Longer Range Bound?I've been suffering through Amazon's mediocre performance over the last year. I am now hopeful it is breaking its range boundedness (is that a word?) in a bold move up toward the mid 300's over the next six months. It appears to have bottomed in the circle 2 wave and is now pivoting up toward circle 3. The waves align really well. I'm finally optimistic about this stock.
$BMY | Bristol-Myers Squibb | 1D Technical AnalysisThe chart is showing a constructive recovery after breaking out from a long-term accumulation range. Price is currently consolidating inside a descending channel (bull flag), which is typically considered a continuation pattern following a strong impulsive move.
Technical Structure
The stock successfully reclaimed the major support/resistance zone around 53.5, turning previous resistance into support.
Current price action is compressing within a falling channel, indicating a healthy correction rather than a bearish reversal.
The long-term descending trendline has already been broken, suggesting a potential trend reversal from bearish to bullish.
Key Levels
Entry: 58.75 (Aggressive breakout entry)
Stop Loss: 53.40 (Below key horizontal support)
Target 1: 65.50
Potential Extension: 68.00–70.00 if bullish momentum accelerates.
Bullish Scenario
A daily close above the upper boundary of the descending channel accompanied by increased volume would confirm the bull flag breakout.
This would likely trigger:
Momentum buying
Higher highs and higher lows
A move toward 65.50, with further upside toward 68–70 if the breakout remains valid.
Bearish Scenario
Failure to hold 53.40 would invalidate the bullish setup.
In that case, the stock could revisit:
51.00
49.50
The lower boundary of the long-term triangle around 48.00.
Volume Analysis
The breakout above the horizontal resistance should ideally be supported by expanding volume.
Weak volume during the pullback is constructive and favors continuation.
Strong buying volume on the next breakout would significantly improve the probability of reaching the projected target.
Trading Plan
✅ Buy only after a confirmed breakout and daily close above the channel resistance.
✅ Keep the stop below 53.40.
✅ Scale out partial profits near 65.50.
✅ Trail the remaining position if momentum continues.
Overall Rating
Trend: Bullish ⭐⭐⭐⭐☆
Pattern: Bull Flag (Continuation)
Risk/Reward: Approximately 1 : 2.5
Probability: 70–75%, provided that 53.40 remains intact and the breakout occurs with strong volume.
TradingView Summary
BMY is consolidating within a bullish flag after reclaiming a major support zone. The overall structure remains constructive, with buyers defending the 53.40 level. A confirmed breakout above the descending channel could trigger the next impulsive leg toward 65.50. As long as price remains above 53.40, the medium-term outlook stays bullish. Volume expansion on the breakout will be the key confirmation signal.
It's time for Firefly Aerospace - potential profit 65 %FLY is currently trading around $21.40, following a sharp correction from a local high near $62. The market structure shows a clear bullish impulse from February through June 2026, interrupted by a series of declines marked by changes of character (CHoCH) and breaks of structure (BOS), suggesting the distribution phase at the top may be giving way to an accumulation phase. Price is currently sitting inside a zone labeled "Strong Low" and within a blue demand zone (roughly $19.50–$21.00), which overlaps with an earlier equilibrium level (EQL) from the start of the original uptrend — an area that previously triggered upward moves. The green target zone points to a potential upside move toward approximately $35 (+66.7% from current price), which also aligns with a prior supply structure (the red zone around $38–40) as the first meaningful resistance along the way. The bullish scenario assumes price holds above the demand zone and breaks above the local July highs, with $35 as an initial profit-taking target. The setup would be invalidated by a 4H close below the lower boundary of the blue demand zone (around $19.50).
Potential TP: 35 USD
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice or a financial recommendation. Equity markets, including aerospace-sector stocks, carry high volatility and risk of capital loss. Always conduct your own research and make decisions at your own responsibility.
EMA Structure Signaling Potential Next Leg UpThis analysis focuses strictly on EMA behavior to understand NVDA’s current positioning within the broader trend.
Following the March 2026 market downturn, NVDA established a clear pattern around its EMAs:
* Strong moves above key EMAs → Expansion phases (outperformance)
* Pullbacks toward / below EMAs → Compression phases (relative weakness)
What stands out is the cyclical interaction with the EMAs:
1. Price reclaims and holds above EMAs → momentum builds
2. Price extends → trend strengthens
3. Price pulls back toward EMAs → temporary weakness
4. Reclaim → continuation higher
We are currently in a pullback phase near key EMAs, where price is consolidating after a prior expansion.
Historically, this type of EMA compression within an uptrend has acted as a reset before continuation, rather than a full trend reversal.
📌 Key read:
* Trend structure remains intact while EMAs are respected
* Pullbacks into EMAs can signal positioning zones, not necessarily exits
* The next move depends on whether price holds and reclaims these levels
This is a trend-following framework, not a prediction tool — it helps identify where momentum is cooling vs expanding.
⸻
⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.
XOMETRY LOOKS LIKE GOING MARK UPIn bigger context, XOMETRY (XMTR) is an Atypical Reaccumulation Pattern
-To be specific, Schematic #2, the rising bottom
What attracted me, after the gapped up, price formed the feather's weight (Red line drawn)
And local spring formed @ Bar 8th July 2026
I would say that Bar from 6th July until 9th July formed the SpringBoard
I bought today with an expectation of :
1/ Bar breakout today
2/ or Bars form mini absorption before breakout occur
Position as attached
AMD LIKELY TO CONTINUE MARK UPThis is a revision from my previous entry
previous position was nuked
Based on the latest price developement, i think this looks like the Atypical Re-Accumulation Trading Range, #2 (The rising bottom)
I initiated my position today in view of the local spring (Giant Red Arrow)
Based on bar @ 9th July 2026, i am expecting an absorption would be unfold around the upper trading range
Position as attached
DELL CONTINUE MARK UPThis is a continuation from my previous thesis :
-kindly refer to link attached
Bar 2nd, 6th & 7th July represented a Springboard , which coincided with St (Secondary Test) in phase C (wyckoff re-accmulation trading range)
My 1st position @ 8th july in view of trigger bar
position added today
Stop loss as attached
ARISTA NETWORK GOING MARK UPThis is a continuation from my previous thesis :
-Kindly refer to link attached
My previous position, sold early as a cushion for upcoming risk
Beautiful Feather's Weight formed from Bar @ 22nd Jun until 7th July
*Red line arc
Bar @ 30th jun, 1st & 2nd july formed Springboard
My 1st position intiated 8th July
Today added more
Alibaba's Cheap AI, Expensive ComebackNYSE:BABA
Alibaba (BABA): Down 30%, Loaded With AI Upside - Is a Parabolic Rally Next?
Alibaba is positioned for an extraordinary comeback, and with the right technical confirmation, this could become one of the most compelling setups in the market right now. The stock being down roughly 30% over the past six months makes it, in our view, one of the highest-quality undervalued AI exposures available today.
On the technical side, the stock recently bounced off its 78.6% Fibonacci retracement of the prior impulse move, around the $92 level.
As of right now, price is running into a triple confluence of resistance: the upper bound of the descending channel it's been trading within since November 2025, the 200-day EMA, and a large horizontal resistance carried over from a multi-year price consolidation. If price can close a weekly candle above all three, that would represent one of the strongest confirmations for a new parabolic rally in Alibaba. A minor resistance may show up near $145, but in our view there's considerably more room to run beyond that level. Momentum is also building on the MACD, adding further weight to the bullish case.
The fundamentals give this technical setup real teeth. Alibaba Cloud revenue accelerated 38% year-over-year in the most recent quarter, with AI-related products now accounting for 30% of external cloud revenue, and Morgan Stanley, which named Alibaba a top AI pick among Chinese tech giants, expects that growth to accelerate further, to 42% in the current quarter and 45% for the full fiscal year. Management's own five-year target is to push cloud and AI revenue past $100 billion in external revenue. A major overhang was also just cleared: Alibaba resolved a $600 million legal dispute with U.S. authorities in a settlement announced July 1, removing a source of uncertainty that had been weighing on investor confidence.
The bigger story behind the AI angle is cost. Chinese AI labs, Alibaba's Qwen among the leaders, have driven inference costs down dramatically versus their U.S. counterparts, in some cases by 90% or more, using techniques like sparse mixture-of-experts architectures and aggressive context caching.
The practical result: as U.S. companies face ballooning AI compute bills, a growing number are routing routine workloads to cheaper Chinese models and saving the expensive frontier models only for tasks that truly need them. It's the AI equivalent of not needing a Ferrari to pick up groceries , you don't need the most expensive model on the market for every task, just the one that's good enough for the job at a fraction of the cost. That dynamic plays directly to Alibaba's strength as both a leading low-cost model provider and the cloud infrastructure those workloads run on.
Multiple signals are lining up here, the Fibonacci bounce, accelerating cloud/AI growth, a cleared legal overhang, and a structural cost advantage in the global AI race. We're watching for that weekly close above the triple resistance confluence before treating this as confirmed, until then, it's a high-conviction setup, not yet a trade.






















