The possibility of forming a candlestick pattern called "cup with handle" is becoming visible!?
Technical analysis (Rating: 3.5/5)
- As it is in an upward range, there is still room for further growth.
- Although it has been in a downtrend since 12/28, the chart pattern of "Cup with Handle Formation" is becoming visible from the bottom on 4/25.
- In the short term, there is a possibility of correction selling from the high price, but since the "handle part" has not been established yet, a significant chance of high price renewal from the decline remains.
・米半導体大手エヌビディア(NVDA.O), opens new tabは２８日、第３・四半期（８─１０月）の売上高が３２５億ドル（プラスマイナス２％）になると予想した。市場予想（３１７億７０００万ドル）とほぼ一致する水準にとどまり、株価は引け後の時間外取引で６％下落した。
☆ Candlestick Chart (Rating: 2.5/5)
Temporary crossover of the 5-day moving average on 8/20, but currently no clear direction.
☆Support/Resistance lines (Rating: 4/5)
・Bullish market range. Especially, there is potential for medium-term uptrend with the support line from 7/24 onwards.
As a short-term point,
Need to confirm the breakout of the resistance lines of "① High on 8/2 (59.57)" and "Monthly high on 8/5 (62.39)".Confirmation needed on breaking the resistance lines of "① High on 8/2 (59.57)" and "Monthly high on 8/5 (62.39)".
☆Fibonacci analysis (Rating: 5/5)
On a short-term perspective.
- Use the low point of August 8 as the reference (0% point).
- About 23.6% recovery by August 12 (followed by support line formation around 30%). Recovered around 50% by August 19, and currently risen to around 61.8%. It can be considered that it has recovered from the short-term decline.
On a long-term perspective.
- Use the low point of April 25 as the reference (0% point).
- About 23.6% recovery by July 24 (breaking out of the triangle consolidation since June 14). Recovered around 50% by August 8, and currently risen above 61.8%. Even from a long-term standpoint, establishing the principle of "half back is full back" suggests further upside potential in the medium to long term.
- If it reaches about 100% recovery by December 28,The cup part of the chart pattern "cup with handle".It becomes possible to form.
Although there may be temporary selling due to the incomplete formation of the "handle part", there is a potential for selling.There is plenty of room for high price updates in the medium to long term.
☆ Moving averages (Rating: 3.5/5)
・On 8/15, the 50/200 day moving averageGolden cross has occurred.There is further room for medium-term upward potential.
→It is necessary to monitor the formation of the Golden Cross of the 5/21 day moving average as a future target.
☆Ichimoku Kinko Hyo (Rating: 4.5/5)
・The three lines are in the process of positive conversion. There is also a twist in the cloud ahead of the chart, and there seems to be no room for the trend to break down in the future.
☆BOLL×RSI×MACD(評価: 1.5/5)
・BOLL: Touched +1σ near the high on 8/23
・RSI: Stagnating around 60 from 8/19 to 8/23.
・MACD: Just before the dead cross from the high range
→Slightly overbought.Temporary adjustment or profit-taking sellIt is better to be cautious of the situation.
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ぴるさん OP : I don't think bonds or gold are better than stocks right now. That's why there are suggestions for interest rate cuts![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
19781108 : Thank you so much for the great explanation
あきんちょ : I have seen it. I will make sure not to be confused by adjustments and profit taking! The timing of selling is important, isn't it?
日々勉強 : The dollar is expected to decline in the long term, so I would like to hedge my foreign exchange.