From over a month ago, NOVO has seen a rather hefty decline (aided by the market). How about TA (Technical Analysis) now, at this moment? Is this now the famous falling knife?
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Well, my own prediction regarding that went quite wrong. It dropped much faster than I expected. I’ve now drawn another line below this.
Fishing for bottoms is probably the best way to lose your money. Novo is likely not a bad investment in the long run, but I wouldn’t buy it yet until it breaks that downtrend. 
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Could someone skilled in technical analysis tell me what AMD’s situation looks like?
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I’m not an expert, but I’ll answer because AMD interests me too, and the earnings report was strong. So:
Weekly downtrend for over a year. It’s moving in a pretty neat channel, currently at its upper bound.
Daily uptrend, HL (Higher Low) was made on April 21st.
I don’t see any clear pattern.
I also don’t see any relative strength vs. SOXX or QQQ.
From the volume profile, support below $100. $115 resistance. So currently in no man’s land 
The best thing that could happen now would be a pullback and sideways movement below that $100 mark to get a proper reversal pattern, i.e., an inverse head and shoulders. From there, a longer-term rise.
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AMD Advanced Micro Devices
The support level, or more precisely the support area, is 98.67-100.17 USD. There was a high-volume weekly candle for the week starting 7.4, and if this week’s weekly candle closes above (VW)EMA12, which is currently at 100.16 USD, then there’s a strong bullish view.
An Inverse Head & Shoulder pattern is forming on several TFs (Timeframes), with the Neckline at approximately 115 USD. The left shoulder starts on 20.2.2025 and forms on 25.3.2025. The rest is in the making, which is worth following and which I consider very likely.
The Inverse H&S is a trend reversal pattern, specifically from a downtrend to an uptrend.
The strong weekly and monthly support level is 94.50 USD. Therefore, it’s not precise to the cent but precise nonetheless, because I determine support and resistance areas based on volume and price action, as I believe it’s a more reliable method nowadays.
Possible buying points are 101.32, and 100.34 USD, and the area around 100 USD in general. If it drops below 100 USD, it’s advisable to be vigilant and monitor the volume to see how strong the selling is and make decisions accordingly.
In any case, many factors support a bullish view; I would buy if I wanted to invest in this right now.
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Thanks! I bought this last Friday. Doesn’t the situation look pretty good for AMD for a longer-term hold?
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Could we take a look at $SOFI together with some wiser people? To my rookie eye, it looks pretty good, but I don’t want a stop loss to suddenly hit with my pants down.
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How does Intrum look from the perspective of technical analysis experts? To my eye, a bull flag has formed, from which the price could potentially head upwards soon, and this would also be fundamentally supported by the clarification of financing arrangements and improved earnings based on the latest report. The company is experiencing a turnaround in all respects.
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It seems no one on the forum could interpret the situation 
Hey. What about those gaps that have been left in indices and stocks since the rise from the last bottoms? I’ve already sold some of the stocks I bought from there. I’ve been waiting to see if we’d go to 5300 points to make a higher bottom at the same time. Are we waiting completely in vain now and missing out on the global rise, or will there be some trade dispute where we’d go to pick up speed from lower levels?
Looks like it’s stress testing the 10 and 20 moving averages…bull flag? Volume is decreasing in the flag, so a good sign. Before entry, one should wait for strength at least from around the 20 moving average or earlier. Many who lost faith surely sold into the reaction. If big money continues to accumulate, it always shows in volume, and good candles would be needed.
Fundamentally, I can’t say, I don’t follow the company. If it’s retrospectively determined that it was a turnaround company, the rise will surely be commensurate…time will tell.
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If this level doesn’t hold, it will probably seek the 34 crown level next. There is already good support around those corners.
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Zalando. Weekly chart.
Some expert might say that this is a Head and Shoulders pattern and we’re going down, but is it actually a Vidal Sassoon Wash’n’go?
I myself only play with trend lines as you can see and interpret that “let’s see what happens”.
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Verve is likely at a somewhat critical juncture? With today’s closing prices, we already went past the previous peak, but with intraday prices, we are now at the level of the previous peak. Up or down next, that’s the question?
The stock’s valuation level still screams undervaluation, but the threat of trade war, weak consumer confidence, and other factors (in the US) to the advertising market’s development looms slightly in the background.
P.S. there’s a very robust buying candle around last July 
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Verve quite quickly pulled down ten percent from that peak. The moves are fast. The day after tomorrow’s earnings report will then give an indication of the future.
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Sibanye in question again, now up about 100% from the spring low, and it seems to continue upwards, which is also the hope for a long time ahead. But from a TA perspective, is there any obstacle to the continuation of the rise, will it take a breather, or will the curves go down/move sideways?
On daily/weekly levels, RSI is quite high, on monthly levels still more moderate, volumes have been high recently, any insights from the wiser ones?
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What are your thoughts on Metacon from a technical perspective?
There’s been good news from the fundamental side, which has led to an emerging uptrend. It broke through the bottom of a gaping gap, which has so far acted as support as the price consolidates. A golden cross for the 50-200 daily is forming in late June / early July, if the support holds. My own thought is that the set-up looks quite strong if the support holds - resistance seems to be quite scarce before the top of the gap? Of course, some good fundamental news in between would act as a nice catalyst.
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Has any of the TA gurus been following Neste lately?
The price has been rising since April, and the SMA 200 (around 11.83 today) is no longer far away.
Over it in the coming days?
DayTraderXL? MoneyWalker? Lexus?
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The TA folks seem to be on summer vacation.
Here’s one view:
https://www.investtech.com/main/market.php?CompanyID=35100378&tck=NESTE
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A couple of amateur observations on Neste’s stock price, as the actual experts are still on holiday.
The resistance level of 12.46 has been approached for a few days. Perhaps today it will finally close above it?
Additionally, SMA 20 (11.638) seems to be about to break through SMA 200 (11.689). Could this give the price increase new momentum?
For example, according to Investtech’s analysis, the stock is in an upward trend in the short term (1–6 weeks).