Gehad_Abouelela

Gehad_Abouelela May 24

The stock continues to form higher lows, reflecting strong buying power. However, it has closed just below the key resistance level at $46.80. A decisive breakout above this level is needed to confirm the bullish continuation, triggering further rises near $50.00 - $55.38 - $57.50 - $60.90 - $67.70. the stop loss is below the last higher bottom at 38.51$, as a...

Gehad_Abouelela May 18

ASPI witnessed a strong rebound in Friday's session, violating the major resistance at 7.00$, and the confirmation of this breakout by remaining above 7.00$, will confirm the current uptrend, triggering further rises near 7.90 - 8.50 - 9.35 in the short-term. the stop loss is below the last higher bottom at 6.30$. the indicators are heading toward the positive...

Gehad_Abouelela Dec 26, 2024

RCAT witnessed a sharp rebound after forming a higher low at 7.76$, to violate the resistance level at 11.33, and remaining above this level, will push the stock to test the last peak 12.57, which is the level that needs to be violated to confirm the major uptrend, triggering further rises near $13.90, $15, $16.20, and $17 in the short term. The stop-loss lies...

Gehad_Abouelela Dec 26, 2024

Taiwan Semiconductor is currently testing the resistance level at $206.61. A breakout above this level could propel the stock toward testing its previous major peak and all-time high at $212.60. Breaking above this critical level would confirm a major uptrend, paving the way for further gains toward $218, $222, and $230.30 in the short term. The stop-loss level...

Gehad_Abouelela Updated  Dec 20, 2024

witnessed a strong rebound after forming a higher low at 6.85, to violate the resistance level at 8.63 in yesterday's session. Holding above this level, will push the stock to test the last peak at 9.84, which is the level that needs to be violated to confirm the current uptrend, triggering further rises near 10.35 - 10.80 - 11.30 - 12.00. The stop-loss lies...

Gehad_Abouelela Updated  Dec 20, 2024

witnessed a strong rebound in yesterday's session after attempting to test the support level at 12.84, to close at the last peak 15$, which is the level that needs to be violated, to confirm the current uptrend, triggering further rises near 17.79 - 19.61 - 21.62 - 24.09, where the historical peak lies. The stop-loss lies below 12.70$. the indicators are...

Gehad_Abouelela Updated  Dec 19, 2024

Rivian showed a strong rebound after forming a higher low at $13.23, violating the previous peak of $15.00 during yesterday’s session. A confirmed breakout above the critical resistance at $15.00 by sustained trading above $15.00 in today’s session will confirm the current uptrend, triggering further rises near 15.85 - 16.45 - 17.05 - 17.56 - 18.86 in the...

Gehad_Abouelela Dec 17, 2024

Lucid Group rebounded after forming a higher minor low at $2.27, signaling initial strength. The price successfully closed at the recent minor peak of $2.73. A confirmed breakout above $2.73 could shift the trend to an uptrend in the short-term, with potential upside targets lie around $2.90, $3.20, $3.37, and $3.50. The stop-loss lies below 2.27$. the...

Gehad_Abouelela Sep 25, 2024

Uber witnessed a strong rebound after forming a new higher low at 67.12$, violating the last peak 74.50 - 76.50$. and the confirmation of this breakout by remaining above 76.50$, will confirm the current uptrend, triggering further rises near 78.85$ - 81.23$ - 82.20$ - 84$ in the short-term. The stop-loss lies below 73.45$. the indicators are heading toward the...

Gehad_Abouelela Sep 25, 2024

Taiwan Semiconductor witnessed a strong rebound in yesterday's session, violating the major resistance level 175.45$, and the confirmation of this breakout by remaining above 175.45$, will confirm shifting the trend to an uptrend, triggering further rises near 184.86$ - 193.47$ - 200$ - 209$. The stop-loss lies below 172.60$. the indicators are heading toward...

Gehad_Abouelela Sep 25, 2024

Netflix witnessed a strong rebound after forming a new higher low at 660.80$, violating the last peak 711.33$ in yesterday's session. and the confirmation of this breakout by remaining above 711.33$, will confirm the current uptrend, triggering further rises near 743 - 770 - 800 - 840 in the short term. The stop-loss lies below 688$. the indicators are heading...

Gehad_Abouelela Sep 25, 2024

Nvidia witnessed a rebound after forming a higher low at 113.22$, to close at the last minor peak at 120.80$, which is the level that needs to be violated, to shift the trend to an uptrend on short-term basis, triggering further rises near 131.26 - 136.15 - 140.75. support1: 113.22$ - support2: 108.80$ - resistance1: 120.80$* - resistance 2: 124.70$ The stop-loss...

Gehad_Abouelela Sep 22, 2024

Royal Caribbean witnessed a rebound after forming a higher low at 167.86$, violating the major peak 173.37$ in Friday's session, and the confirmation of this breakout by remaining trading above 173.37$, will confirm the major uptrend in short and medium-term, triggering further rises near 179$ - 185$ - 189$ - 200$. support1: 173.37$ - support2: 169.47$ -...

Gehad_Abouelela Updated  Jul 17, 2024

Citigroup witnessed a strong rebound recently after forming a major higher low at 58.56$, to violate the major peak 65$. then, Confirming this breakout by remaining trading above $65 in today's session will confirm the major uptrend., triggering further rises near 67.60 - 69.11 - 71 - 73 - 74.65. The stop-loss lies below 63.75. the indicators are heading toward...

Gehad_Abouelela Jul 17, 2024

Robinhood witnessed a strong rebound after forming a higher low at 21.72, to violate the last peak at 24.28, and the confirmation of this breakout by remaining above 24.28, will confirm the current uptrend, triggering further rises near 25.20 - 26.40 - 27.70 - 28.60 on short term. The stop-loss lies below 22.75$. the indicators are heading toward the positive...

Gehad_Abouelela Updated  Jul 17, 2024

JPM needs to violate 199 to the upside, to trigger a rebound near 200.94 - 203.30 - 205.88. As 205.88 is considered the last major peak that needs to be violated, to confirm the major uptrend, with potential targets at 210 - 215- 217.35. The stop-loss lies below 195.35, as a break below it, will cancel the mentioned positive scenario. The information and...

Gehad_Abouelela Updated  Jul 12, 2024

Lucid Group witnessed a strong rebound after the violation of the simple moving average 100-day, to close below the major resistance 3.35, which is the level that needs to be violated, to confirm the current positivity, which will push LCID to test further rises near 3.62 - 3.92 - 4.09 - 4.49 - 4.85 - 5.31 on the short term. The stop-loss lies below 2.94$. the...

Gehad_Abouelela Updated  Jul 12, 2024

There are 2 gaps formed in ''Rivian Automotive'' in the 1st half of 2024; the first gap called '' Exhaustion Gap'', formed on last February, as it appeared after a downtrend that started in July 2023, (which means this downtrend is finished!), and after this, the stock witnessed a sideway move for 4 months, which is considered an accumulation phase, then after...