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Chart Wave Trading

@chartwavetrade

Technical market analyst | High quality charts | Options Trader | Long Term Investor | Not financial advice

ID: 1741136618214531072

calendar_today30-12-2023 16:38:21

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$MSFT A flat correction is still possible If we break the 21EMA, then that gives us a signal that the daily 50SMA is in play .382 target is still in play

$MSFT
A flat correction is still possible

If we break the 21EMA, then that gives us a signal that the daily 50SMA is in play

.382 target is still in play
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As October comes to a close, weakness is continuing to pop up in the market internals Sellers have been building cumulative strength every day this week, even on green days. Seasonality says we should rally from here, but we are already seeing red flags in some of the charts

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$NVO Price is testing the .786 to put in a higher low. If this happens, this would be a strong signal to investors that behavior is changing 47% move to the 50SMA and 70% move to the 200SMA Also... - 4.77% dividend - Buyback program in place through 2027 - Yearly fundamental

$NVO
Price is testing the .786 to put in a higher low. If this happens, this would be a strong signal to investors that behavior is changing

47% move to the 50SMA and 70% move to the 200SMA

Also...

- 4.77% dividend
- Buyback program in place through 2027
- Yearly fundamental
Chart Wave Trading (@chartwavetrade) 's Twitter Profile Photo

$ZETA Price is holding the 0.618 and the weekly 50SMA All in line with our forecast and no change to our primary wave count in yellow

$ZETA
Price is holding the 0.618 and the weekly 50SMA

All in line with our forecast and no change to our primary wave count in yellow