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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.
NASDAQ:WYFILong
by ibraheeemz
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!
NASDAQ:SPCX
by VIAQUANT
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. The Analyst Ratings feature comes from TipRanks, an independent third party. The accuracy, completeness, or reliability cannot be guaranteed and should not be relied upon as a primary basis for any investment decision. The target prices are intended for informational purposes only, not recommendations, and are also not guarantees of future results. Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC. TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform.
NASDAQ:AMD
by moomoo
2
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.
NYSE:NVOLong
by IbrahimTarek
$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.
NYSE:BMYLong
by IbrahimTarek
Bandhan Bank Breakout: Multi-Year Base Signals Strong Bullish ReBandhan Bank is displaying one of the strongest bullish structures on the weekly chart, with price decisively reclaiming the ₹200–210 resistance zone after months of accumulation. The breakout follows a prolonged base formation, indicating a potential shift from a corrective phase to a sustained uptrend. The stock is now trading above key moving resistance levels while maintaining a series of higher highs and higher lows, confirming strengthening momentum. Rising volumes during the advance reinforce institutional participation, adding credibility to the breakout. A sustained move above ₹218–220 could trigger the next leg of the rally toward the ₹250–255 zone, which marks the next major higher-timeframe resistance. As long as the stock holds above ₹200, the breakout remains intact, making Bandhan Bank a strong bullish candidate for medium-term investors.
NSE:BANDHANBNKLong
by pratik2358
Mahindra & Mahindra: Bearish Structure Persists, Key Support at Mahindra & Mahindra continues to trade with a bearish bias on the weekly chart, forming a series of lower highs while struggling to sustain above the falling resistance trendline. The recent bounce has lacked strong follow-through, indicating buyers remain cautious. The stock is currently consolidating within a descending triangle, where rising support near ₹3,000–3,050 is being repeatedly tested. A decisive breakdown below this zone could accelerate selling pressure. Key support levels to watch: ₹2,900 – Immediate structural support and the first major downside level. ₹2,600 – Next higher-timeframe support if ₹2,900 fails, aligning with the previous consolidation zone. Unless M&M breaks above ₹3,250–3,300 with strong volume, the technical structure favors further downside, making the stock vulnerable to a move toward ₹2,900 and potentially ₹2,600 over the medium term.
NSE:M&MShort
by pratik2358
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.
NASDAQ:FLYLong
by darksignal
Tech Mahindra Share Price Analysis: Cup Formation Signals ImprovTech Mahindra is showing signs of a potential trend reversal on the weekly chart, with price forming a rounded cup-like structure after successfully defending the ₹1,360–1,380 support zone. The recovery from this base reflects improving buying interest and a gradual shift in momentum. The stock is now approaching the key ₹1,510–1,515 resistance zone. A decisive weekly close above this level could complete the bullish setup and pave the way for a move towards the ₹1,620–1,660 resistance band. Adding to the positive outlook, RSI has crossed above 50, indicating strengthening momentum, while the higher lows formed during the consolidation suggest sustained accumulation. Tech Mahindra remains a strong watchlist candidate, with a breakout above ₹1,515 likely to confirm the next leg of the medium-term uptrend.
NSE:TECHMLong
by pratik2358
BSE Share Price Analysis: Weekly Structure Weakens as Price TestThe weekly chart of BSE Ltd. reflects a deteriorating technical structure, with the stock trading inside a falling channel after failing to sustain above its recent highs. The inability to reclaim previous swing highs, coupled with a series of lower highs and lower lows, suggests that sellers continue to dominate in the medium term. Price is now hovering just above the crucial ₹3,630 support zone. A decisive weekly close below this level could confirm a breakdown from the current consolidation and increase the probability of a deeper correction towards the ₹3,200 region. Momentum has also weakened considerably, with RSI slipping below its moving average and remaining well below its recent peak, indicating fading bullish strength. The absence of strong buying volumes during recent recovery attempts further suggests that demand remains subdued. Until the stock breaks above the falling channel and reclaims key resistance with strong volumes, rallies are likely to be viewed as selling opportunities rather than fresh buying opportunities. The broader technical bias remains cautious to bearish in the near term, with ₹3,630 serving as the key level to watch.
NSE:BSEShort
by pratik2358
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.
NASDAQ:NVDALong
by ApexTrendEngine
Engineers India Share Price Analysis: Multi-Year Consolidation NEngineers India (EIL) is approaching a crucial inflection point on the 3-month chart, where a prolonged higher timeframe consolidation is nearing completion. After a sharp rally from the 2023 lows, the stock has spent several quarters consolidating between ₹200 and ₹250, allowing earlier gains to be absorbed while building a stronger price base. The repeated rejection near ₹248–250 has established this zone as a key long-term resistance. At the same time, every corrective phase has formed higher lows, indicating that buyers are accumulating on declines rather than exiting positions. This tightening price structure often precedes a decisive directional move. Volume activity during the 2023–2025 rally expanded meaningfully, suggesting institutional participation behind the uptrend. Although volumes have moderated during the recent consolidation, there has been no signs of aggressive distribution, which is typically a constructive characteristic of healthy base-building. A sustained breakout above ₹250 on strong volume would confirm the completion of this multi-quarter consolidation and could open the door for the next structural leg higher. Until then, the stock remains in a consolidation phase with a positive long-term bias. From a positional perspective, Engineers India stands out as a high-conviction watchlist candidate, where investors can monitor for a confirmed breakout rather than chase prices prematurely. A breakout from such higher timeframe consolidations often results in stronger and more sustainable trends than shorter-term technical setups.
NSE:ENGINERSINLong
by pratik2358
Sonata Software Share Price Analysis: Repeated High-Volume Buyin A closer look at Sonata Software's daily volume profile reveals a consistent pattern of high-volume accumulation over the past few months. Each major price advance has been accompanied by a sharp spike in trading volumes, indicating that institutional participants are actively accumulating the stock rather than retail-driven momentum. The first significant volume expansion emerged near the April lows, marking the end of the prolonged downtrend and triggering a strong recovery. Since then, every breakout from the ₹255–260 support zone has been supported by above-average volumes, reinforcing this level as a key demand area. More importantly, the recent rally towards the ₹300 resistance has again been backed by one of the highest volume spikes seen in recent months. Unlike isolated volume surges, Sonata has now recorded multiple high-volume sessions within a relatively short period, suggesting sustained institutional participation instead of one-off speculative buying. While the stock is currently facing resistance around ₹296–302, the volume behaviour remains constructive. Healthy consolidations after high-volume advances typically indicate that strong hands are absorbing supply rather than exiting positions. As long as prices continue to hold above the ₹290–296 support zone with volumes contracting during pullbacks, the broader bullish structure remains intact. Overall, the repeated appearance of expanding volumes on up-moves and relatively muted volumes during corrections reflects a classic accumulation pattern. A decisive breakout above ₹302 supported by another volume expansion would significantly improve the probability of the stock extending its medium-term uptrend.
NSE:SONATSOFTWLong
by pratik2358
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
NASDAQ:XMTRLong
by drsyariz