Apple (APPL) Stock Recovers Quickly After Reaching Critical Support

Posted on April 18, 2025April 18, 2025 by Konstantin Kaiser

Over the past five months, Apple Inc. (AAPL) has undergone a significant 35% retracement, bringing the stock into a critical support zone. Price action now suggests a potential bullish rebound as AAPL attempts to reclaim its prior uptrend. The question remains: is this the beginning of a sustained recovery or just a temporary relief rally?

Apple Stock Tests 50-Month EMA Support After 35% Pullback

Following a substantial 35% correction, Apple Inc. (AAPL) has entered a significant support zone between $164 and $171, with the 50-month EMA providing additional support around $175.8. This month, AAPL has responded with a bullish bounce off this zone. However, caution is warranted as the MACD lines remain bearishly crossed, and the histogram continues its four-month downward trajectory. Meanwhile, the RSI fluctuates in neutral territory, offering no clear directional bias. Despite short-term weakness, the EMAs on the monthly chart maintain a golden crossover, indicating that the long-term bullish trend remains intact.

Apple (APPL) Stock Rebounds 26% and Approaches Key Fibonacci Resistance

Apple Inc. (AAPL) has rebounded sharply, gaining approximately 26% over the past two weeks and breaking above the 0.382 Fibonacci resistance level at $204. A sustained close above this level could open the path toward the next major resistance zones at the 50-week EMA around $218.5 and the golden ratio near $228.

Technically, the indicators paint a mixed picture. The EMAs continue to exhibit a golden crossover, signaling a bullish mid-term trend. The MACD histogram has turned positive, ticking higher this week, suggesting growing bullish momentum. However, the MACD lines remain bearishly crossed, and the RSI hovers in neutral territory, offering no definitive direction.

Apple’s correction phase will likely remain in play unless it successfully breaches the golden ratio resistance at $228.

AAPL

Apple Daily Chart: Death Cross Signals Short-Term Bearish Pressure

On the daily chart, Apple’s technical outlook remains mixed. The MACD histogram is ticking higher and the MACD lines are bullishly crossed, indicating short-term upward momentum. However, the EMAs have recently formed a death cross, suggesting bearish pressure in the short- to medium term. Meanwhile, the RSI continues to move in neutral territory, offering no clear directional bias.

If Apple fails to decisively break above the upcoming resistance levels, a retest of the key support zone between $164 and $171 remains a likely scenario.

Apple 4H Chart: Short-Term Resistance Builds Amid Bearish EMA Cross

The 4H chart reflects a similarly mixed technical picture. A death cross between the EMAs confirms a bearish short-term trend, while the MACD histogram is ticking lower, indicating weakening bullish momentum. However, the MACD lines remain bullishly crossed, and the RSI holds steady in neutral territory, suggesting indecision among market participants.

Currently, Apple (AAPL) is facing strong resistance at key Fibonacci levels, with the 50-4H EMA at $206.6 and the 200-4H EMA at $222.7 acting as additional resistance barriers.

Nvidia Stock Bullish Bounce: Is a Breakout Rally Just Getting Started?

Posted on April 17, 2025 by Konstantin Kaiser

Nvidia (NVDA) has entered a critical support zone after a sharp multi-month correction, showing the first signs of bullish momentum. The question now is whether the stock has the strength to reclaim key Fibonacci resistance levels.

Nvidia (NVDA) Approaches Key Support Levels and Shows Early Signs of Bullish Reversal

Over the past four months, Nvidia (NVDA) has undergone a notable correction, declining by approximately 43.43% from its all-time high. This sustained retracement has brought the stock into a critical support zone between $75.6 and $90.7. Recent price action suggests a potential bounce from this demand area, hinting at the early stages of a bullish reversal. However, while price behavior appears constructive, the underlying indicators provide a more nuanced picture.

Monthly Technical Outlook: Indicators Signal Mixed Momentum

MACD (Moving Average Convergence Divergence)

The MACD lines remain crossed bearishly, confirming bearish momentum in the medium term. Additionally, the histogram continues to tick bearishly lower, reinforcing the ongoing downward pressure. Despite this, any reduction in bearish momentum could signal a weakening of the selling trend and a possible setup for a bullish crossover in the near future.

RSI (Relative Strength Index)

The RSI is hovering in neutral territory, currently offering no strong directional signal. This indicates that the stock is neither oversold nor overbought, and traders should look for a breakout or divergence to confirm directional conviction.

EMA (Exponential Moving Averages)

Despite the recent correction, the EMA structure remains technically bullish. The presence of a golden crossover (where the short-term EMA remains above the long-term EMA) underscores the long-term uptrend and reinforces the idea that the current decline may be corrective rather than trend-reversing

Nvidia Faces Key Fibonacci and EMA Resistance on Weekly Chart

On the weekly timeframe, Nvidia (NVDA) is encountering critical resistance between the 50-week EMA and the 0.382 Fibonacci retracement level, located in the $112–$116 range. Following a strong 33% rally last week, the stock appears to be facing initial rejection at this confluence zone—raising the possibility of a pullback toward the broader support range between $75.6 and $90.7.

From a momentum perspective, the MACD lines remain bearishly crossed; however, the histogram has started to tick higher, suggesting early bullish divergence. The EMAs continue to maintain a golden crossover, supporting a medium-term bullish trend, while the RSI remains neutral and directionless.

Nvidia (NVDA) Daily Chart: Death Cross Signals Bearish Pressure

On the daily chart, Nvidia (NVDA) has formed a death cross, with the short-term EMA crossing below the long-term EMA—confirming a bearish trend in the short- to medium-term horizon. Additionally, the MACD histogram has begun to tick lower today, reinforcing bearish momentum. However, the MACD lines themselves remain bullishly crossed, and the RSI continues to hover in neutral territory, offering no clear directional signal.

To invalidate the ongoing correction phase, NVDA must decisively break above the golden ratio resistance at $130—a critical Fibonacci level acting as a key inflection point for bulls.

Nvidia

Similar Bearish Outlook on Nvidia (NVDA) 4H Chart

The 4-hour chart for Nvidia (NVDA) reflects a similarly bearish technical structure. The EMAs have formed a death cross, validating short-term downward momentum. The MACD histogram continues to tick lower, further supporting this bearish sentiment. Meanwhile, the RSI oscillates in neutral territory, providing no clear directional bias. Notably, the only bullish indication is the MACD lines, which remain crossed to the upside—for now.

Summary

In summary, Nvidia’s uptrend remain bullishly intact but it currently undergoes a correction phase. Only if Nvidia breaks the 0.382 Fib resistance at $112 and the golden ratio at $130 it can return to its uptrend. Otherwise it finds significant support between $75.6 and $90.7 and at the 50-month-EMA at $65.9.

Intel Corporation (INTC) Surges 21% in Just 24 Hours — What’s Behind the Explosive Rally?

Posted on April 10, 2025April 11, 2025 by Konstantin Kaiser

Intel (INTC) has been locked in a persistent downtrend for the past five years, steadily losing ground against its semiconductor peers. With prices approaching long-term support levels, the key question now is: Will the downtrend continue, or is a bullish rebound finally on the horizon?

Intel Down 74.5% Over 5 Years — Key Support Zone Approaches

Intel (INTC) has declined by an astonishing 74.5% over the past five years, continuing its long-term downtrend with no confirmed structural reversal to date. However, the stock is now approaching a significant multi-year support zone between $12 and $15.60, a level that may attract renewed buying interest.

Notably, there are early signs of a potential bullish reversal emerging from key momentum indicators. The Relative Strength Index (RSI) is forming a bullish divergence, suggesting weakening downside momentum and increasing probability of a reversal. Additionally, the MACD histogram has been printing higher lows for four consecutive months, with the MACD lines nearing a bullish crossover — a development that would further strengthen the short- to medium-term bullish outlook.

That said, structural risks remain. The Exponential Moving Averages (EMAs) are on the verge of forming a death cross, which would reinforce the prevailing long-term bearish trend. Until that crossover is invalidated or price action confirms a sustained breakout above key resistance levels, Intel’s broader trend remains under pressure.

In summary, while Intel shows short- to medium-term upside potential, the long-term trend remains decisively bearish unless technical confirmation of a reversal emerges in the coming weeks.

Key Fibonacci Resistances in Focus — Weekly Chart at Critical Juncture

On the weekly timeframe, the RSI continues to form a bullish divergence, suggesting that bearish momentum is weakening and a potential reversal could be underway. However, Intel was rejected at the 50-week EMA at $25.15 just two weeks ago, reinforcing this level as a key resistance to watch.

Should Intel break above this barrier, it would open the door to the next significant Fibonacci resistance levels at $30.50 and $39.50. A decisive move above the golden ratio at $39.50 would invalidate the broader corrective phase and signal a full resumption of Intel’s long-term uptrend.

Despite the early bullish signals, the trend remains under pressure. The EMAs continue to display a death cross, confirming a mid-term bearish outlook. Additionally, the MACD histogram has been trending lower for the past three weeks, reflecting weakening momentum. That said, the MACD lines remain in a bullish crossover, offering a degree of support for near-term upside.

In conclusion, Intel shows room for short-term bullish continuation, but a clear breakout above $39.50 is essential to fully confirm a long-term trend reversal.

Intel Daily Chart Shows Predominantly Bearish Structure Despite Intraday Strength

On the daily chart, Intel continues to exhibit a broadly bearish technical structure. Both the Exponential Moving Averages (EMAs) and the MACD lines remain bearishly crossed, confirming sustained downward pressure in the short- to medium-term trend.

The Relative Strength Index (RSI) currently trades in neutral territory, offering no clear directional bias and reflecting a balanced—but uncertain—momentum environment.

However, today’s price action introduces a glimmer of bullish potential. Intel is up nearly 21% intraday, and the MACD histogram has begun to tick higher, suggesting early signs of a momentum shift. While this development may hint at a short-term rebound, the prevailing trend remains bearish until key resistance levels are broken and trend-confirming indicators turn decisively positive.

Death Cross Emerges on the 4H Chart — Mixed Signals for Intel

On the 4-hour chart, a death cross has now formed between the EMAs, reinforcing a short-term bearish trend confirmation. This crossover signals continued downside risk unless invalidated by a strong reversal.

That said, there are early signs of potential bullish divergence emerging. The MACD lines are on the verge of a bullish crossover, and the MACD histogram is currently ticking higher, suggesting short-term momentum may be shifting to the upside.

Meanwhile, the RSI remains in neutral territory, providing no strong directional bias at this stage. Overall, the technical picture is mixed—with bearish structure prevailing, but a possible short-term rebound in development.

AMD Rebounds Sharply at Fibonacci Support — A Perfect Entry Opportunity?

Posted on April 10, 2025 by Konstantin Kaiser

AMD has been in a steady correction for the past 14 months, but it has now reached a critical Fibonacci golden ratio support level. The price action is showing signs of a strong bullish bounce — could this mark the beginning of a reversal? Are bullish weeks ahead for AMD?

AMD Tests Golden Ratio Support After Breaking 50-Month EMA

AMD has recently broken below the key 50-month EMA support at $111, a significant long-term trend level that had previously acted as a strong base during prior corrections. Following the breakdown, the stock has now reached critical Fibonacci golden ratio support at $80, a historically significant retracement level. At this juncture, price action is exhibiting bullish behavior, suggesting the potential for a sustained upside move if the level holds.

Despite the encouraging bounce, the technical indicators remain mixed. On the monthly chart, the Exponential Moving Averages (EMAs) maintain a golden crossover, a structurally bullish signal that reflects strength in the broader trend. However, this is contrasted by a bearish MACD configuration:

The MACD lines have crossed to the downside,
and the MACD histogram is trending sharply lower, reinforcing ongoing bearish momentum beneath the surface.

Meanwhile, the Relative Strength Index (RSI) remains neutral, offering no clear bullish or bearish divergence, which underscores the current indecision in market sentiment.

In summary, while AMD’s bounce off the golden ratio could signal a technical bottom, confirmation will depend on follow-through price action and a shift in momentum indicators. A sustained reclaim of key EMAs, along with improving MACD dynamics, would strengthen the bullish case moving forward.

AMD Rebounds 8% Off Key Support — Eyes Set on Fib Resistance at $134 and $174

Since reaching the critical Fibonacci golden ratio support around $80 earlier this week, AMD has already rebounded by 8%, signaling renewed bullish interest at this historically significant level. Should this upward momentum continue, the stock could target the next major Fibonacci resistance levels at $134 and $174, respectively.

Importantly, only a decisive break above the golden ratio at $174 would invalidate the current correction phase and confirm a full resumption of AMD’s long-term uptrend.

From a momentum standpoint, the MACD histogram has begun ticking higher, offering early signs of bullish momentum building underneath the surface. However, the MACD lines remain in a bearish crossover, suggesting that caution is still warranted until further confirmation appears. The RSI continues to trend in neutral territory, offering no extreme overbought or oversold signals at this time.

Despite recent weakness, the EMAs continue to display a golden crossover on the weekly chart, reinforcing a mid-term bullish structure. A strong continuation above key resistance levels would further validate the bullish reversal thesis.

Daily Chart Turns Cautiously Optimistic, But Key EMAs Still Pose Resistance

On the daily chart, the MACD histogram has begun to tick bullishly higher, indicating a potential shift in short-term momentum. However, the MACD lines remain bearishly crossed, and the Exponential Moving Averages (EMAs) are still aligned bearishly, confirming that the prevailing trend remains negative in the short- to medium-term.

The Relative Strength Index (RSI) currently offers no clear directional bias, hovering in neutral territory and reflecting a lack of conviction from momentum traders at this stage.

That said, AMD appears poised for a continued upward move. The next significant technical hurdles are located at the 50-day EMA at $105.5 and the 200-day EMA at $127. A successful breakout above these dynamic resistance levels could accelerate bullish momentum and propel the stock toward the next Fibonacci resistance zones.

4H Chart Shows Bullish Momentum Building, But Mid-Term Correction Remains Intact

A similar technical picture emerges on the 4-hour chart. While the EMAs still reflect a death cross, maintaining a bearish outlook, there are early signs of bullish momentum building. The MACD lines are on the verge of a bullish crossover, and the histogram continues to tick higher, supporting the case for short-term upside.

Meanwhile, the RSI remains in neutral territory, indicating a lack of overbought conditions and leaving room for further gains.

From a structural perspective, AMD appears to have more short-term upside potential, especially if near-term resistance levels are cleared. However, the broader mid-term trend remains corrective, and the overall downtrend structure has yet to be invalidated. A decisive shift in EMA structure and a break above higher timeframe resistance levels would be required to confirm a full reversal.

Robinhood (HOOD) Approaches Key Golden Ratio Support — Is a Bullish Reversal Coming?

Posted on April 7, 2025 by Konstantin Kaiser

A Robinhood executive stated that the fintech company plans to deliver a “private banking experience” through its new checking and savings account offerings set to launch this fall. Meanwhile the stock is approaching key Fibonacci support.

Robinhood (HOOD) Approaches Key Golden Ratio Support at $29 – Will the Bullish Trend Hold?

Robinhood (HOOD) faced a strong rejection at the golden ratio resistance around $57 last month and is now approaching a critical golden ratio support zone near $29. This level will likely act as a pivotal point for price action—so long as HOOD holds above this support, the broader bullish trend remains structurally intact.

However, caution is warranted. The MACD histogram has been trending lower over the past month, reflecting weakening momentum. Still, the MACD lines remain bullishly crossed, indicating the underlying trend has not yet shifted. Meanwhile, the RSI sits in neutral territory, giving neither bullish nor bearish confirmation at this stage.

Robinhood (HOOD) Stock Finds Support at the 50-Week EMA as Bearish Pressure Builds

Before reaching the critical golden ratio support near $29, Robinhood (HOOD) is currently finding interim support at the 50-week Exponential Moving Average (EMA), situated around $33.8. While this level may provide a temporary floor, the weekly technical indicators reflect increasing bearish pressure. The MACD lines are bearishly crossed, and the histogram continues to trend lower, signaling weakening momentum. Meanwhile, the RSI remains in neutral territory, offering no clear directional bias.

Robinhood (HOOD) Stock: Potential 10% Downside as Key Support Nears

Robinhood (HOOD) could face an additional 10% downside if it declines toward the lower bound of the golden ratio support around $28.6. A bullish reversal at this level would position HOOD to retest key Fibonacci resistance levels at $43.2 and $53. A decisive breakout above the golden ratio at $53 would invalidate the ongoing correction and open the path toward the all-time high near $67 — or potentially beyond.

From a technical perspective, daily indicators remain mixed. The Exponential Moving Averages (EMAs) continue to form a golden crossover, supporting a bullish trend in the short- to medium-term. However, the MACD lines are bearishly crossed, and the histogram signals continued downward momentum. Meanwhile, the Relative Strength Index (RSI) is approaching oversold territory but has yet to issue a definitive bullish or bearish signal.

Robinhood (HOOD) 4H Chart: Death Cross Looms, Bearish Pressure Intensifies

On the 4-hour chart, Robinhood (HOOD) is on the verge of forming a death cross, a key bearish signal that could confirm short-term downward momentum. The MACD lines are already bearishly crossed, the histogram continues to tick lower, and the RSI is hovering near oversold territory—yet still offering no indication of a bullish divergence.

Technically, HOOD appears increasingly vulnerable in the immediate term, with another potential 10% downside on the table before a meaningful bullish bounce may occur.

GameStop (GME) Stock Rejected At Key Resistance – More Downside To Come?

Posted on April 3, 2025 by Konstantin Kaiser

GameStop (GME) has been in a prolonged corrective phase, struggling to regain bullish momentum. Last week, the stock made an attempt to break a key golden ratio resistance but faced rejection, keeping the downtrend intact.

GameStop (GME) Stock Retraces 40% and Tests Key Support Levels

Over the past three months, GameStop (GME) has declined by approximately 40% after failing to break the 0.382 Fibonacci resistance at $36.5. The stock now finds critical support at the 50-month EMA at $22.2, with the next major support level at the golden ratio near $18.5 if this level fails to hold.

Despite the correction, the EMAs still maintain a golden crossover, confirming the long-term bullish trend. However, the MACD histogram has been ticking lower for the past four months, and a bearish MACD crossover is imminent. Meanwhile, the RSI remains in neutral territory, providing no clear directional bias.

GameStop Stock Faces Rejection at $29.5 but Holds Key Support

Last week, GameStop (GME) surged to the golden ratio resistance at $29.5, where it faced strong rejection. However, the stock has now established significant support and could attempt another push toward this critical level. A confirmed breakout above $29.5 could pave the way for a move toward the 0.382 Fibonacci resistance at $36.2.

From a technical standpoint, the MACD histogram has started to tick bullishly higher this week, and the EMAs continue to maintain a golden crossover, reinforcing the mid-term bullish trend. However, the MACD lines remain in a bearish crossover, while the RSI holds a neutral stance, signaling caution in the short term.

GameStop (GME) Approaches Bearish Confirmation on the Daily Chart

On the daily chart, GameStop (GME) is at risk of forming a death cross, which would confirm a bearish trend in the short- to medium term. Additionally, the MACD lines remain in a bearish crossover, with the histogram ticking lower, signaling continued downside momentum. Meanwhile, the RSI remains in neutral territory, offering no clear directional bias.

If GME initiates an upward move, it will encounter its next significant Fibonacci resistance levels at $26 and $29.5, which could serve as key hurdles for a potential bullish reversal.

GameStop

Bearish Trend Confirmation on the 4H Chart for GME Stock

On the 4-hour chart, GameStop (GME) has confirmed a short-term bearish trend as the EMAs have already formed a death cross. Additionally, the MACD lines remain in a bearish crossover, while the RSI hovers in neutral territory. However, in contrast to these signals, the MACD histogram is ticking bullishly higher, indicating some short-term upside potential.

Despite this, GME remains in a broader correction phase. A potential bullish bounce could occur at the golden ratio support near $18.5, which serves as a critical level to watch for a reversal attempt.

Summary

GameStop (GME) remains in a corrective phase, displaying both bullish and bearish signals across multiple time frames. While the long-term trend is still supported by a golden crossover, the short- to medium-term outlook is bearish, with a potential death cross forming on the daily chart and a confirmed death cross on the 4H chart. Key support levels to watch are $18.5 and $22.2, while significant resistance lies at $26, $29.5, and $36.2. Traders should monitor these critical levels to assess whether GME will resume its uptrend or extend its correction further.

Nasdaq (IXIC) Enters Steep Correction, Reaches Critical Support Level

Posted on March 25, 2025March 25, 2025 by Konstantin Kaiser

In our previous analysis, we highlighted the Nasdaq Composite Index (IXIC) approaching the critical Fibonacci support level at 17,200, a level it has now reached. The big question remains: is Nasdaq poised for a bullish bounce from this key support level?

Nasdaq Corrects Nearly 15% Over the Last 3 Months: What’s Next?

Nasdaq (IXIC) has undergone a 15% correction over the past two months, now finding itself at a crucial Fibonacci golden ratio support level of 17,200, where a potential bullish reversal could take shape.

Technical Indicators and Trends (Monthly Chart):

MACD: The MACD lines are nearing a bearish crossover, with the histogram showing consistent bearish momentum for the past four months.
RSI: The RSI has pulled back from overbought territory to neutral, reflecting the reduced buying pressure.
EMA: Despite the correction, the EMAs remain in a golden crossover, suggesting the long-term trend remains bullish.

With key indicators still favoring the bullish side, Nasdaq could be poised to resume its uptrend after completing its current correction phase.

If the Nasdaq Composite Index (IXIC) begins an upward move, its next significant resistance lies at the 50-week EMA, positioned at 18,031. However, the technical indicators on the weekly chart present a more bearish outlook.

MACD: The MACD lines are in a bearish crossover, and the histogram has been trending lower for the past five weeks, indicating continued bearish momentum.
RSI: The RSI remains in neutral territory, offering no clear directional signal at this stage.
EMAs: Despite the bearish indicators, the EMAs remain aligned bullishly, confirming the mid-term trend is still upward.

In summary, while the correction phase persists, Nasdaq shows short-term upside potential, with key resistance to watch at the 50-week EMA.

Nasdaq Composite Index (IXIC): Bullish Signals On The Daily Chart

If the Nasdaq Composite Index (IXIC) continues its upward momentum, the next significant Fibonacci resistance levels are at 18,363 and 19,150. A break above the golden ratio at 19,150 is crucial for Nasdaq to resume its long-term uptrend, which could then lead IXIC to target its previous high of 20,205—an area where it has faced multiple rejections in the past.

MACD: The MACD lines are on the verge of a bullish crossover, with the histogram trending upward for the past week, signaling growing bullish momentum.
RSI: The RSI is oscillating in neutral territory, providing no definitive bias for the moment.
EMAs: Although the EMAs could potentially cross bearishly, they still maintain a golden crossover, supporting the bullish trend in the short- to medium-term.

Nasdaq

A Death Cross Has Emerged On The 4H Chart

On the 4-hour chart, the EMAs have formed a death cross, confirming a bearish trend in the short term. However, bullish momentum is emerging as the MACD lines have crossed bullishly, and the MACD histogram is ticking higher. The RSI remains neutral, neither indicating overbought nor oversold conditions.

Despite the death cross, Nasdaq could continue its upward move, potentially reaching the next significant Fibonacci resistance levels. This mixed technical picture suggests that while short-term caution is warranted, the bullish signals could drive further gains.

Amazon (AMZN) Stock Drops 21.7%: Is a Bullish Rebound on the Horizon?

Posted on March 24, 2025March 24, 2025 by Konstantin Kaiser

Amazon stock (AMZN) has experienced a sharp 21.7% correction, hitting a key support level that could signal the potential for a bullish rebound. As investors watch closely, the stock’s current position may present an opportunity for a recovery in the near future.

Amazon (AMZN) Stock Hits Significant Support Zone: Is a Rebound Coming?

Amazon stock has experienced a two-month correction, with the MACD histogram showing a steady bearish decline. The MACD lines are nearing a bearish crossover on the monthly chart, signaling potential continued downward pressure. However, the RSI remains in neutral territory, and the EMAs continue to display a golden crossover, indicating that the long-term trend remains bullish.

Currently, AMZN has reached a significant support zone between $174.50 and $188.65, a critical area where a potential bullish bounce could occur. Additionally, the stock is finding key Fibonacci support levels at approximately $181 and $140, further reinforcing the possibility of a reversal in the near term. Traders should keep an eye on these levels for potential entry points.

Amazon (AMZN) Weekly Chart Shows Predominantly Bearish Indicators

This week, Amazon (AMZN) appears to be bouncing bullishly off the $189 support level. A weekly close above the 50-week EMA at $197.25 would act as a strong bullish confirmation. Despite this, the overall technical picture remains mixed. While the EMAs maintain a golden crossover, signaling a bullish mid-term trend, the MACD paints a different picture.

The MACD lines are bearishly crossed, and the histogram shows a clear downtrend, suggesting continued downside pressure. Meanwhile, the RSI remains in neutral territory, neither overbought nor oversold. In summary, while the golden crossover supports a mid-term bullish trend, the MACD’s bearish signals warrant cautious optimism.

Amazon

Bullish MACD On The Daily Chart

On the daily chart, Amazon (AMZN) is showing signs of bullish momentum as the MACD lines are on the verge of a bullish crossover, with the MACD histogram trending strongly upward. While the RSI remains neutral, neither overbought nor oversold, the EMAs are maintaining a golden crossover, confirming a bullish trend in the short- to medium-term. These technical signals suggest growing strength in the stock, with potential upside movement in the near future.

Short-Term Bearish Signal for Amazon (AMZN): Death Cross Forms on 4H Chart

On the 4H chart, Amazon (AMZN) has formed a death cross, where the EMAs have crossed bearishly, signaling short-term downward pressure. However, the MACD lines have crossed bullishly, with the histogram showing a bullish uptick, while the RSI remains in neutral territory.

If Amazon extends its upward movement, it could target the next significant Fibonacci resistance levels at approximately $210 and $224. Should AMZN break through these levels, it has the potential to rally towards its all-time high (ATH) of $242.5 or even exceed it.

Rigetti Computing Bounces Off Bullish Support, Surges Over 62%

Posted on March 19, 2025 by Konstantin Kaiser

Rigetti Computing Inc. (NASDAQ: RGTI) has corrected over 72% but has now reached a critical Fibonacci support level. At this key juncture, Rigetti’s stock has rebounded sharply, surging by more than 62% since last month. The question now remains: can Rigetti maintain its upward momentum?

Rigetti Stock Surges 3,145% Before 72% Correction

Rigetti stock experienced an extraordinary rally, skyrocketing by over 3,145% within just four months. However, this meteoric rise was followed by a substantial correction, with the stock dropping over 72% in the last two months. Despite this decline, the stock has now found support at the critical golden ratio level of $8, from which it has bounced strongly, gaining over 62% this month.

Although Rigetti’s recent surge is promising, the stock faces a crucial test at the golden ratio resistance of $16. A breakout above this level would invalidate the ongoing correction phase and open the door for Rigetti to target its previous high of approximately $21.4.

The MACD lines remain bullishly crossed on the monthly chart, suggesting the potential for continued momentum, but the histogram is losing strength, ticking lower for the second consecutive month. The RSI is neutral, providing no clear direction at the moment, leaving traders awaiting further technical signals.

Rigetti Stock Bounces Off Bullishly: Can RGTI Continue Its Upward Move?

For the past two weeks, Rigetti Computing Inc. (NASDAQ: RGTI) has been trending upwards, showing positive momentum. However, this week, the bullish drive seems to be losing steam, raising concerns that RGTI may potentially retrace back to the critical golden ratio support at $8.

The MACD lines have crossed bearishly on the weekly chart, signaling a potential shift in momentum, while the MACD histogram has continued to tick lower, reinforcing the bearish outlook. Meanwhile, the RSI remains in neutral territory, offering no clear directional bias for traders.

If Rigetti fails to hold the golden ratio support at $8, a bearish breakdown could lead to further declines, with the next significant support level being the 50-week EMA at $5.90. Traders should closely monitor these key levels for potential continuation or reversal signals.

Rigetti Computing Stock Breaks Through 50-Day EMA Resistance: Bullish Momentum Ahead?

On the daily chart, Rigetti Computing Inc. (NASDAQ: RGTI) is showing predominantly bullish signals, having recently broken above the 50-day EMA resistance at $9.93, which now acts as a strong support level. This breakout has further reinforced the positive sentiment around the stock.

The EMAs have formed a golden crossover, a bullish indicator confirming the upward trend in the short- to medium-term outlook. Additionally, the MACD lines are crossed bullishly, and the histogram is showing a strong uptrend, further solidifying the stock’s bullish case. However, the RSI remains in neutral territory, suggesting that while momentum is positive, it’s not yet overbought, leaving room for further upward movement.

Rigetti

More Bullish Signals on the 4H Chart: RGTI Stock Eyes Golden Ratio Resistance

On the 4H chart, Rigetti Computing Inc. (NASDAQ: RGTI) is displaying further bullish signals. Both the EMAs and MACD lines are crossed bullishly, confirming the continuation of the bullish trend in the short term. While the RSI remains in neutral territory, offering no immediate directional bias, it leaves room for potential upward movement.

If Rigetti can hold above the 50-day EMA support at $9.93, the stock may soon set its sights on the next major target—the golden ratio resistance at $16. Traders should watch for this key level as Rigetti’s momentum continues to build.

S&P 500 (SPX) Approaches Key Support Levels: Will It Bounce or Extend Correction?

Posted on March 18, 2025 by Konstantin Kaiser

The S&P 500 (SPX) has declined by 10.5% from its recent highs over the past few weeks and is approaching a crucial Fibonacci support level, where a potential bullish rebound could occur.

S&P 500 (SPX) Eyes Golden Ratio Support At 5,400

The S&P 500 (SPX) has retraced approximately 10.5% since reaching a high near 6,150 last month, correcting steadily over the past six weeks. During this period, the MACD histogram has been ticking bearishly lower for four consecutive months, with the MACD lines on the verge of a bearish cross. Meanwhile, the RSI is exiting overbought territory and heading toward neutral levels. SPX is approaching a crucial golden ratio support level at 5,400, which could serve as a potential bounce point for a bullish reversal.

S&P500

S&P 500 (SPX) Faces Major Support at the 50-Week EMA

The S&P 500 is testing significant support at the 50-week EMA, around 5,640, and appears to be bouncing off this level. If this support holds, the index could target key Fibonacci resistance levels at 5,750 and 5,920. However, if the support fails, a deeper retracement to the golden ratio support at 5,400 is possible, as technical indicators show a largely bearish outlook.

Technical Indicators and Trends (Weekly Chart)

MACD (Moving Average Convergence Divergence): The MACD lines are bearishly crossed, with the histogram in a five-week downtrend.
RSI (Relative Strength Index): The RSI remains in neutral territory, offering no clear directional signal.
EMAs (Exponential Moving Averages): Despite bearish signals, the EMAs remain bullishly crossed, suggesting the mid-term trend still leans bullish.

Bullish Trend Confirmation For S&P 500 (SPX) On The Daily Chart

On the daily chart, the EMAs continue to signal a bullish trend with an intact golden crossover, reinforcing short- to medium-term strength. Additionally, the MACD histogram has been ticking bullishly higher since yesterday, although the MACD lines remain bearishly crossed. The RSI recently bounced off oversold territory, now settling in neutral regions. The S&P 500 (SPX) is approaching significant Fibonacci resistance at 5,750. If rejected at this level, the index could retrace down to the golden ratio support at around 5,400. To invalidate the correction phase and make a push toward its all-time high, SPX would need to break through the golden ratio resistance at 5,900, where the 50-day EMA presents additional resistance.

More Weakening Bullish Momentum in the 4H Chart

On the 4-hour chart, the technical indicators are sending mixed signals, suggesting uncertainty in the short-term trend.

Technical Indicators and Trends (4H Chart):

MACD (Moving Average Convergence Divergence): The MACD lines are bullishly crossed, with the histogram ticking higher, showing a slight bullish momentum.
RSI (Relative Strength Index): The RSI is in neutral territory, providing no clear directional bias.
EMAs (Exponential Moving Averages): A death cross has formed, confirming a bearish trend in the short-term.

Despite these bearish signs, SPX still has the opportunity to continue its upward movement. The upcoming Fibonacci resistance levels are critical in determining whether SPX will return to its uptrend or extend the current correction phase.