Market Pulse – Daily = 03.01.2022 $MSFT $AMZN $AAPL $FB $XOM $NVDA $TSLA $GOOGLE

The large caps closed today with fantastically bullish candles and combos. Let’s discuss the sample of eight, starting with the most bullish.

$AAPL and $XOM
completed a Rising 3 Methods on 6 candles. This is the most bullish formation among the stocks in the sample.

$AMZN
made an Inside-Up formation that is an equivalent of bullish Engulfing. The bullish odds are very high.

$TSLA
made a strong Maribozu on a gap and is expected to move higher from there.

$NVDA
formed a Bullish Kicking, a strong reversal combo. A green candle tomorrow would seal the deal.

$FB
made a perfect bullish Harami. If it closes above the Dec 31st high, the reversal will be confirmed.

$MSFT and $GOOGL
possibly made a bottoming dojis. The odds are bullish – close to neutral and a strong confirmations are required to confirm either path.

To summarize: the sample is bullish, but not overwhelmingly. It would become one if the stock make strong upwards moves tomorrow.

Enjoy the series of 2022 Long Term Forecasts for: SP500, ASX200, VIX, DXY, TSLA, Silver, Gold, GDX, Bitcoin, Ethereum, NaturalGas and Oil/WTI.

If you already follow @InvestingAngles on Twitter and would not want to miss an important post, you can follow the blog on WordPress by email (free service). In this case, all posts will be sent to your inbox directly, including those with Premium Content. The Premium Content sections of the posts will be readable only if you have an active subscription.

A $10 USD monthly subscription gets you access to the monthly and weekly analyses, mid and long term forecasts for cryptocurrencies, major US and some world indices, precious metals and miners, commodities, popular stocks and more. There is no free trial. For $10 USD you can evaluate the service for a month and discontinue the subscription at any time.
https://investingangles.com/subscription/

%d bloggers like this: