Stocks we are watching this week - T Mobile and more
Stocks to Watch
Daily Chart - [BULLISH ↗️ **] PCG US shaped a strong breakout of a sideways consolidation zone, pullbacked and held above previous resistance-turned-support at 17.94. A bounce towards 19.50 resistance is expected. Technical indicators are advocating for a bullish scenario as well.
Alternatively: A candlestick close below 17.94 support will open a deeper pullback towards 17.15 support.
Daily Chart - [BULLISH ↗️ **] TMUS US shaped a strong breakout and is pushing higher. As long as price is holding above 167.30 support, price is expected to push higher towards 184.50 resistance to complete the wave 5 of an Elliot Wave structure. Technical indicators are advocating for a bullish scenario as well.
Alternatively: A candlestick close below 167.30 support will open a deeper pullback towards 158.00 support.
Daily Chart - [BULLISH ↗️ **] Fujifilm shaped a bullish breakout of a triangle similar to the breakout configuration it did back in Dec 2023. As long as price is holding above 3485 support, a further push up towards 3800 is expected. Technical indicators are bullish as well.
Alternatively: A candlestick close below 3485 support will open a deeper pullback towards 3378 support.
China Unicom (HK) Ltd (762 HK) $CHINA UNICOM (00762.HK)$
Daily Chart - [BULLISH ↗️ **] China Unicom is trading higher and holding above ascending trendline support. As long as price holds above 6.33 support, a further push up towards 6.80 resistance is expected. Technical indicators are advocating for a bullish scenario as well.
Alternatively: A candlestick close below 6.33 support will open a deeper pullback towards the next support at 6.15.
Weekly Chart - [BEARISH ↘️ **] Sands China is currently making a series of lower highs and lower lows. Price is also holding below a descending trendline resistance. As long as price is holding below 20.30 resistance, a drop towards 16.80 support can be expected. Technical indicators are advocating for a bearish scenario as well.
Alternatively: A candlestick close above 20.30 resistance will open a further rise towards the next resistance at 21.70.
This report is provided for informational and general circulation purposes only and should not be construed as an offer, solicitation, or recommendation for the purchase or sale of securities, futures, or other investment products. It does not take into consideration any particular needs of any person. This advertisement has not been reviewed by the Monetary Authority of Singapore.
For full disclaimers, please visit https://www.moomoo.com/sg/support/topic5_935.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
