NYSE:BA has a strong chance of breaking above the 218.80 level , with a potential move toward 221.98 .
I plan to enter 1 tick above 218.80, with a stop-loss based on the 5-minute ATR (period 10).
🔍 Technical Outlook:
BA is currently moving within an upward ABCD channel. The projected upside is capped by a strong resistance zone at 221.98 – a level derived...
If NASDAQ:AMZN manages to push above 217.85 , there's a strong chance we’ll see a move toward 219.96 . However, caution is advised around the 218.00 level – both premarket and postmarket sessions showed hesitation and failed to hold above that resistance.
A more conservative approach would be to wait for a clean break above 218.00 before entering.
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FX:EURUSD is showing a potential long setup if price breaks above the 1.14544 level . The trade's potential is influenced by an ascending trendline around 1.14710 . If the market hesitates at this level, it may be wise to close the position or move the stop loss to breakeven .
NASDAQ:PYPL is showing a potential triple top formation near the 73 level. If price breaks above the 73.34 resistance , there's room to move toward 74.15 – a medium-term swing high.
💡 Trade idea: Enter 1 tick above 73.34, set your target and SL based on the 5-minute chart.
NASDAQ:NVDA continues to move within a rising channel. On the 1H chart, no major trendline currently limits further upside. If price breaks above the key swing high at 143.49 , the next potential target lies around 146.53 .
