The Taiwan Semiconductor $Taiwan Semiconductor Manufacturing(TSM)$ stock price gained 0.616% on Friday, 25th Aug 2023, rising from $92.53 to $93.10. During the last trading day the stock fluctuated 2.19% from a day low at $91.41 to a day high of $93.41. The price has been going up and down for this period, and there has been a 1.21% gain for the last 2 weeks. Volume fell on the last day by -3 million shares and in total, 9 million shares were bought and sold for approximately $816.14 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.The stock lies in the middle of a wide and falling trend in the short term and further fal

From the 1H chart, I have drawn descending and falling trendlines with the resistance falling faster, That is to say I see a falling wedge pattern which might be typically at the bottom of a trend forecasting an upside breakout. LICD $Lucid Group Inc(LCID)$ made a small move up in the past 3-4 hours of trading. Overall the indicators support the idea of a reversal especially on the dual TF RS indicator with the green lower TF rising over the higher TF black line and above the 50 level. Likewise, the ZL MACD shows a line cross under the histogram which went red to green in a bit of bullish divergence.The ADX oscillator has yet to show much of anything with the lines hovering about the 20 level. Overall, I expect a breakout however I am willing to t

The Taiwan Semiconductor $Taiwan Semiconductor Manufacturing(TSM)$ stock price gained 0.87% on Thursday, 10th Aug 2023, rising from $93.98 to $94.80. During the last trading day the stock fluctuated 1.79% from a day low at $94.28 to a day high of $95.97. The price has fallen in 6 of the last 10 days and is down by -4.58% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 276 thousand more shares were traded than the day before. In total, 6 million shares were bought and sold for approximately $587.21 million.The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the

The Novavax $Novavax(NVAX)$ stock price fell by -3.86% on Tuesday, 8th Aug 2023 from $7.52 to $7.23. It has now fallen 6 days in a row. During the last trading day the stock fluctuated 24.23% from a day low at $7.10 to a day high of $8.82. The price has fallen in 7 of the last 10 days and is down by -9.63% for this period. Volume has increased on the last day by 22 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 30 million shares were bought and sold for approximately $215.12 million.The stock lies in the lower part of a very wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend fl

so for the last week, she couldn't hang outside the box, forming a nice wedge. I will ride RIVN $Rivian Automotive, Inc.(RIVN)$ down to 24 and wait if price consolidate and if there are no buyer then all the way at the bottom of the box. Hopefully this week we touch one gap but market is not about your opinion sometimes, price action tells the story.

The QUALCOMM $Qualcomm(QCOM)$ stock price fell by -2.13% on Wednesday, 2nd Aug 2023 from $132.08 to $129.27. During the last trading day the stock fluctuated 2.13% from a day low at $128.83 to a day high of $131.58. The price has been going up and down for this period, and there has been a 3.9% gain for the last 2 weeks. Volume has increased on the last day by 5 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 12 million shares were bought and sold for approximately $1.59 billion.The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stoc

The Pinduoduo $Pinduoduo Inc.(PDD)$ stock price gained 5.25% on Tuesday, 25th Jul 2023, rising from $78.85 to $82.99. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.87% from a day low at $81.22 to a day high of $83.55. The price has been going up and down for this period, and there has been a 16.82% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 5 million more shares were traded than the day before. In total, 15 million shares were bought and sold for approximately $1.24 billion.The stock lies in the middle of a

SummaryTaiwan Semiconductor Manufacturing Company Limited's earnings commentary regarding AI growth is very positive for both Nvidia Corporation and Advanced Micro Devices, Inc.Although capacity constraints may limit growth in AI chips sales in the very short term, TSMC expects rapid and sustained growth over the next few years.AI chips already account for one-eighth of TSMC's revenue from advanced nodes, indicating that computing is rapidly evolving toward AI-related applications.MF3dTaiwan Semiconductor Manufacturing Company Limited $Taiwan Semiconductor Manufacturing(TSM)$ ("TSMC") reported its Q2 2023 earnings on July 20, 2023. TSMC's reduced revenue guidance for the year sent Nvidia Corporation

SummaryAlibaba and PDD Holdings are two of the most popular Chinese ecommerce ADRs among Western investors, with both companies in competition domestically and internationally.Alibaba is a more mature company with a larger cash reserve, while PDD Holdings is growing faster. Both companies are profitable, but PDD's margins are higher.PDD Holdings is more vulnerable to risks due to its reliance on international markets for growth, particularly the U.S.Sean GallupAlibaba Group Holding $Alibaba(BABA)$ and PDD Holdings $Pinduoduo Inc.(PDD)$ are two of the most popular Chinese ecommerce ADRs among Western investors. The former is an established e-commerce giant doing $17 billion a year in free cash flow. The lat

1. A 16 month downtrend.2. Last month the price broker out and closed above the 10 EMA (M), after these 16 months, with an above-average-sized bullish candle.3. During the current period the bulls remain in control, at the time of editing, and should the price close as is or similar, then the following things are confirmed:3.1. A 15 period high close.3.2. A new higher high - new market structure.3.3. A fresh uptrending market.3.4. A breakout from a prominent double bottom pattern.4. The trend is your friend. An uptrend is about to be confirmed, the bias will be to look for long opportunities close to value areas.5. The breakout from the double bottom pattern can be the trigger we are looking for.6. Take profit in the demand area delimited in the chart, stop loss roughly 2 ATRs below the en

SummaryCoinbase stock surged 24% on July 13 after a U.S. District Court judge ruled in favor of Ripple's sale of XRP on secondary marketplaces.While investor focus was fixed on regulatory developments surrounding XRP, Coinbase went to court on July 13 for the first preliminary hearing in the case between the SEC and Coinbase.In a 177-page court document dated June 28, Coinbase made several arguments to dismiss the SEC’s allegations, and I present a few of these major arguments in this article.The SEC, on July 7, filed a response to these arguments raised by Coinbase.The preliminary on July 13 hearing lasted two hours, revealing the direction of the upcoming battle in court.Leon NealCoinbase Global, Inc. $Coinbase Global, Inc.(COIN)$ shares surged