AMD Stock Forms Bearish Double Top — Is a Major Drop Ahead?

Posted on February 14, 2026 by Konstantin Kaiser

AMD delivered a powerful advance over the past year, rallying more than 249% and firmly establishing itself as one of the market’s top-performing large-cap semiconductor names. The uptrend culminated in a new all-time high at $267 in October 2025, marking the peak of an extended momentum cycle. However, subsequent attempts to extend beyond that high have failed, signaling potential exhaustion at elevated levels. With price action now struggling to reclaim record territory, the risk of a deeper corrective phase is increasing, and further downside cannot be ruled out.

AMD Stock Forms Bearish Double Top

AMD previously retraced to its golden ratio support at $85, where it staged a decisive bullish rebound that ultimately fueled a remarkable 249% surge, culminating in a new all-time high at $267. From that peak, the stock corrected to the 0.382 Fibonacci support at $194, where buyers once again stepped in, driving price back toward the $267 record high.

However, the inability to break above the prior all-time high has proven technically significant. AMD has now retreated once more to the $194 (0.382 Fib) level, effectively carving out a bearish double top formation on the higher timeframe — a pattern that often signals distribution and rising downside risk if key support levels fail.

Should the $194 support give way, the next notable technical floor emerges at the 50-month EMA near $185. Beyond that, the most critical macro support zone is located between the 200-month EMA at $138 and the golden ratio retracement at $149. As long as AMD holds above the golden ratio region, the broader secular uptrend remains structurally intact. A breakdown below that zone, however, would materially damage the long-term bullish structure.

From an indicator perspective, the monthly signals present a mixed technical picture. The EMAs continue to show a golden crossover, reinforcing the long-term bullish trend bias. Conversely, the MACD lines have crossed bearishly, with the MACD histogram ticking lower for three consecutive weeks, indicating fading momentum. Meanwhile, the RSI remains in neutral territory, offering neither a bullish nor bearish divergence at present.

A 66% Drop Was Followed by a 249% Surge

AMD previously endured a sharp 66% correction, which ultimately laid the foundation for a powerful 249% recovery rally, underscoring the stock’s capacity for high-volatility cyclical swings within a broader structural uptrend.

On the weekly timeframe, trend indicators remain constructive. The EMAs are still bullishly crossed, confirming the mid-term uptrend, while the MACD lines also remain in a bullish crossover configuration, reinforcing the prevailing positive structure. However, early signs of momentum fatigue are emerging, as the MACD histogram has begun ticking lower this week, signaling waning upside momentum. Meanwhile, the RSI continues to hover in neutral territory, offering no immediate directional bias.

Notably, AMD declined 24.5% this week alone, reflecting significant distribution pressure. In the context of the emerging double top formation, a decisive break below the 0.382 Fibonacci support at $194 would materially increase the probability of an extended correction. In that scenario, the next key downside target lies at the golden ratio retracement near $149. Additionally, the 50-week EMA around $138 serves as further technical support and would represent a deeper retracement zone should selling pressure accelerate.

AMD Stock Faces Rejection at Fibonacci Resistance

On the daily chart, AMD presents a technically mixed but still structurally constructive setup. The EMAs remain in a golden crossover, confirming the bullish trend in the short- to medium-term. Additionally, the MACD histogram is trending higher, indicating improving short-term momentum.

However, this constructive backdrop is tempered by cautionary signals. The MACD lines have crossed bearishly, suggesting underlying momentum remains vulnerable, while the RSI continues to hover in neutral territory, offering no decisive directional signal.

From a price-structure standpoint, AMD recently staged a bullish rebound from the 0.382 Fibonacci support at $194, but the recovery stalled at the next key resistance — the 0.382 Fibonacci retracement at $220. This rejection reinforces the notion that the stock remains in a corrective phase rather than resuming its primary uptrend.

To invalidate the ongoing correction, AMD must decisively reclaim both the $220 Fibonacci resistance and the golden ratio resistance near $240. A sustained breakout above these levels would significantly improve the technical outlook and reopen the path toward the prior all-time high. Until then, the broader corrective structure remains intact.

AMD Forms Series of Lower Lows and Lower Highs

On the 4-hour chart, AMD is establishing a clear short-term downtrend structure, characterized by a sequence of lower highs and lower lows. This pattern reflects increasing distribution pressure and suggests that bearish momentum is gaining traction on the intraday timeframe.

Technically, the stock appears poised to retest the 0.382 Fibonacci support at $194, with the risk of an extension toward the golden ratio support near $149 should selling pressure persist.

Momentum indicators reinforce the near-term weakness. The MACD lines have already crossed bearishly, while the MACD histogram continues to tick lower, confirming building downside momentum. At the same time, the RSI remains in neutral territory, offering no immediate reversal signal.

Interestingly, the EMAs still display a golden crossover, which technically keeps the short-term trend structure bullishly confirmed. However, given the developing lower-high/lower-low sequence and bearish momentum signals, this bullish EMA configuration is increasingly vulnerable if key support levels fail to hold.

AMD Technical Outlook: Key Levels to Watch

AMD is showing increasing technical vulnerability after forming a bearish double top at $267, with price repeatedly failing to break to new all-time highs. While the long-term structure remains intact above major Fibonacci supports, momentum across multiple timeframes is deteriorating.

Critical Support Levels

$194 – 0.382 Fibonacci support (pivotal near-term level). A confirmed breakdown increases downside risk significantly.
$185 – 50-month EMA (intermediate support).
$149 – Golden ratio support (major structural level; key bull–bear line).
$138 – Confluence of 200-month EMA and 50-week EMA (macro support zone).

Key Resistance Levels

$220 – 0.382 Fibonacci resistance (must be reclaimed to regain short-term strength).
$240 – Golden ratio resistance (critical to invalidate correction).
$267 – All-time high (confirmation level for full bullish continuation).

Indicator Overview

Monthly: EMAs remain in a golden crossover (long-term bullish), but MACD has crossed bearishly with declining histogram momentum. RSI neutral.
Weekly: EMAs and MACD still bullishly crossed, though histogram shows early weakness. RSI neutral.
Daily & 4H: Bearish MACD crossovers and emerging lower-high/lower-low structure signal growing short-term downside pressure.

Conclusion

As long as $149 holds, AMD’s broader uptrend remains structurally intact. However, a decisive break below $194 would likely accelerate the correction toward the golden ratio zone. To invalidate the bearish double top scenario, AMD must reclaim $220 and $240, opening the door for another attempt at $267.

The stock is at a technically decisive juncture.

Robinhood (HOOD) Stock Crashes 53% — Is a Major Rebound Coming?

Posted on February 12, 2026 by Konstantin Kaiser

Robinhood (HOOD) has come under heavy pressure amid the broader crypto market capitulation, mirroring the sharp drawdown in Bitcoin and related digital asset proxies. Since topping out, the stock has retraced approximately 53%, reflecting both sentiment-driven liquidation and elevated correlation to crypto volumes. With momentum stretched and positioning increasingly one-sided, the key question now is whether this sell-off is approaching exhaustion — or if further downside remains before a sustainable reversal can unfold.

Robinhood (HOOD) Stock Faces Major Downward Pressure

Robinhood (HOOD) has undergone a pronounced corrective phase over the past four months, declining from its all-time high near $154 to approximately $72 — effectively cutting the stock price in half. From a technical standpoint, this represents a decisive 53% retracement and a material shift in momentum structure.

During the decline, HOOD broke cleanly below the 0.382 Fibonacci retracement level at $98, signaling that the correction was evolving beyond a shallow pullback. The stock has now entered a critical demand zone between $78 and $85, an area of prior structural support where a technical bounce could emerge. This region represents the first meaningful attempt by bulls to stabilize price action following the accelerated sell-off.

Momentum indicators, however, remain fragile. The MACD histogram has been printing progressively lower readings for four consecutive months, reflecting sustained downside momentum. As a result, the MACD lines are on the verge of a bearish crossover, which would confirm medium-term momentum deterioration. Meanwhile, the RSI is hovering in neutral territory, suggesting that the stock is not yet deeply oversold and therefore retains room for further downside should selling pressure persist.

If the $78–$85 support band fails to hold, the next major Fibonacci confluence sits at the golden ratio retracement near $60. This level represents a structurally significant inflection point and would likely be viewed as a high-probability accumulation zone for longer-term bulls. As long as price action remains above $60, the broader uptrend structure remains technically intact despite the depth of the correction.

A sustained breakdown below the $60 golden ratio support, however, would materially alter the technical landscape. In that scenario, Robinhood would likely transition into a new cyclical bear phase, with the next major downside magnet emerging at the 50-month EMA — a level that also aligns with historical resistance-turned-support around the 2021 highs. That confluence would represent the next structural anchor in a deeper retracement scenario.

In summary, HOOD is currently testing a critical decision zone. A stabilization within $78–$85 could trigger a reflexive recovery, but failure there shifts focus toward $60 as the defining line between corrective consolidation and structural trend reversal.

Robinhood (HOOD) Corrects More Than 53% From Its All-Time High

Robinhood (HOOD) has corrected more than 53% from its all-time high near $154, marking a substantial retracement within a relatively compressed time frame. Despite the magnitude of the decline, the broader technical structure on the weekly timeframe remains constructive.

The weekly EMAs continue to display a golden crossover, confirming that the mid-term trend bias is still bullish from a structural standpoint. This suggests the current move is, for now, corrective rather than a confirmed cyclical trend reversal.

However, momentum indicators reflect ongoing pressure. The MACD histogram has been trending lower, signaling decelerating upside momentum, while the MACD lines remain bearishly crossed — a configuration that reinforces short- to medium-term downside bias. Meanwhile, the RSI is approaching oversold territory, indicating that downside momentum may be entering exhaustion territory if selling persists.

From a structural perspective, the golden ratio Fibonacci retracement near $60 represents the key inflection level. This zone serves as major technical support and would likely attract strategic accumulation from longer-term Robinhood bulls and crypto market optimists. As long as price action holds above this level, the broader bullish structure remains technically intact despite the severity of the correction.

Robinhood (HOOD) Approaches Death Cross on the Daily Chart

On the daily timeframe, Robinhood continues to trade within a well-defined corrective structure, capped by a descending trendline that now converges with the golden ratio resistance near $125. A decisive breakout above this confluence zone would be required to invalidate the current correction and re-establish bullish momentum on a structural basis.

Before that, however, the stock faces significant overhead resistance at the 0.382 Fibonacci retracement around $104. This level is reinforced by a dense EMA cluster, with both the 50-day and 200-day EMAs acting as additional dynamic resistance between approximately $102 and $107. This area represents the first major supply zone bulls must reclaim to regain tactical control.

From a momentum perspective, the technical picture remains cautious. The EMAs are on the verge of a bearish crossover, which would form a confirmed death cross and reinforce the short- to medium-term bearish trend bias. The MACD lines are already bearishly crossed, supporting the prevailing downside structure.

That said, there are early signs of potential stabilization. The MACD histogram has been ticking higher for four consecutive sessions, suggesting downside momentum may be decelerating. Meanwhile, the RSI remains neutral, reflecting the absence of extreme conditions on either side.

In summary, while the broader corrective phase remains intact and a death cross appears imminent, early momentum divergence signals warrant close monitoring for signs of a short-term relief move — provided key resistance levels can be reclaimed.

Death Cross Confirmed on the 4-Hour Chart

On the 4-hour timeframe, the EMAs have already formed a confirmed death cross, reinforcing the short-term bearish trend structure. This crossover signals sustained downside pressure and aligns with the broader corrective phase seen on higher timeframes.

Momentum indicators further support this cautious outlook. The MACD lines are converging toward a potential bearish crossover, while the MACD histogram continues to tick lower — reflecting building downside momentum. At the same time, the RSI remains neutral, offering neither bullish divergence nor oversold conditions that would suggest an immediate reversal.

That said, price action is now approaching a critical support zone. As the stock tests this technically significant area, the probability of a short-term relief bounce increases — particularly if momentum begins to stabilize. While the prevailing short-term trend remains bearish, the proximity to support warrants close monitoring for a potential tactical rebound.

HOOD Stock Technical Outlook – Key Levels to Watch

Robinhood has corrected more than 53% from its all-time high near $154, retracing to the low $70s and entering a pronounced multi-month correction. While the weekly EMAs still maintain a golden crossover — keeping the broader mid-term structure technically bullish — momentum has deteriorated significantly across lower timeframes.

On the downside, the critical support zone lies at $78–$85, where price is currently attempting to stabilize. A breakdown below this region would expose the golden ratio support at $60, which represents the key structural inflection point. As long as HOOD holds above $60, the broader uptrend remains intact. A sustained move below this level would shift the structure into a confirmed bear market, with the 50-month EMA and 2021 highs acting as the next major support confluence.

On the upside, the stock faces heavy resistance at $102–$107, where the 0.382 Fibonacci level (~$104) converges with the 50-day and 200-day EMAs. A break above this cluster would be the first signal of short-term strength. However, the broader corrective phase would only be invalidated on a decisive breakout above the $125 golden ratio resistance and descending trendline.

Short-term charts show confirmed death crosses and bearish MACD structures, though momentum is beginning to stabilize near support — increasing the probability of a tactical rebound.

Bottom line:

Key support: $78–$85 → $60 (structural line in the sand)
Key resistance: $102–$107 → $125
Above $60: correction within uptrend
Below $60: structural trend reversal into bear market

Seagate Technology Stock (STX) Up 627% Since April

Posted on February 7, 2026 by Konstantin Kaiser

Seagate Technology stock (STX) has delivered an exceptional rally over the past ten months, surging by more than 627% since April of last year. With the stock deep into an extended uptrend, the focus now turns to whether this momentum can be sustained or if a technical correction is beginning to take shape.

Seagate Technology (STX): Breaks to New All-Time High as Long-Term Uptrend Accelerates

Seagate Technology has reached a new all-time high at $459.41, supported by broad-based bullish technical signals. On the monthly chart, the exponential moving averages are positioned in a golden crossover, confirming a bullish long-term trend structure.

Momentum indicators remain firmly constructive. The MACD lines are bullishly crossed, while the MACD histogram is trending decisively higher, reflecting sustained upside momentum. At the same time, the RSI is positioned in strongly overbought territory, underscoring the strength of the ongoing advance rather than signaling immediate weakness.

Since correcting down to the 50-month EMA in April of last year, Seagate (STX) has delivered an exceptional rally of approximately 627%, reinforcing the dominance of the long-term uptrend despite the extended nature of the move.

Seagate Technology (STX): Up 65% Year-to-Date as Bullish Momentum Persists

Seagate Technology is up approximately 65% year-to-date, reflecting sustained upside momentum. On the weekly chart, technical indicators remain predominantly bullish. The exponential moving averages are positioned in a golden crossover, confirming a bullish mid-term trend structure.

Momentum indicators continue to support the advance. The MACD lines are bullishly crossed, while the MACD histogram has been ticking higher for the past four weeks, signaling strengthening upside momentum. Meanwhile, the RSI is trading in overbought territory, yet shows no bearish divergence or reversal signals, indicating that momentum remains intact rather than exhausted.

Seagate Technology (STX): Near-Term Correction Risk Despite Dominant Uptrend

On the daily chart, Seagate Technology is facing immediate downside risk after the RSI printed a bearish divergence, which has already been followed by a downward price reaction. Momentum indicators are beginning to weaken further, as the MACD histogram has been printing progressively lower bars for an extended period, raising the likelihood of a bearish MACD crossover in the near term.

Should the corrective move extend, Seagate encounters significant confluence support along the rising trendline slightly above the 50-day EMA, located between $332 and $355. A move into this zone would imply downside potential of approximately 21.6%, from where the stock could stabilize and bounce bullishly to resume its broader uptrend.

Below this area, the 200-day EMA at $232 represents the next major technical support, implying downside potential of roughly 34%. A break to this level would still be corrective in nature but would mark a deeper retracement within the prevailing uptrend.

In a more extreme downside scenario, major golden ratio support is located at $165. As long as Seagate holds above this level, the long-term uptrend remains structurally intact. At this stage, however, a correction of that magnitude appears highly unlikely. Instead, a retracement toward the 50-day EMA and trendline support between $332 and $355 appears to be the most probable scenario, with scope for renewed upside momentum emerging thereafter, potentially as early as next week.

To the upside, no meaningful resistance levels remain overhead, aside from the previous all-time high at $459.41, which continues to serve as the primary upside reference point.

Seagate Technology (STX): 4H Chart Confirms Near-Term Pullback Within a Bullish Structure

The 4-hour chart largely mirrors the daily setup. The RSI is printing a bearish divergence, signaling near-term downside risk, while the exponential moving averages remain in a golden crossover, continuing to confirm a bullish short-term trend structure.

Momentum indicators are mixed. The MACD lines have already crossed bearishly, indicating short-term weakness; however, the MACD histogram is currently ticking higher, suggesting that bearish momentum is beginning to ease.

Should Seagate extend its corrective move, the next key support is located at the 50-period EMA on the 4H chart at $369.3, where price may stabilize before attempting to resume the broader uptrend.

Seagate Technology (STX) – Technical Summary & Key Levels

Seagate Technology remains in a dominant long-term uptrend, highlighted by a 627% advance since the April 2025 low at the 50-month EMA, a 65% gain year-to-date, and a recent all-time high at $459.41. Higher timeframes remain structurally bullish, with golden EMA crossovers across all timeframes, supported by bullishly crossed MACD lines and sustained momentum.

In the near term, however, momentum is showing signs of fatigue. The daily and 4H charts both display bearish RSI divergences, and the daily MACD histogram has been weakening, with a potential bearish crossover developing. This points to an increased probability of a healthy corrective pullback rather than trend reversal.

The most likely downside target lies at trendline support near the 50-day EMA between $332 and $355, implying ~21.6% downside, where a bullish reaction and trend continuation are expected. On the 4H chart, interim support is located at the 50-4H-EMA at $369.3. Deeper support resides at the 200-day EMA at $232 (~34% downside), while major golden ratio support at $165 defines the level above which the long-term uptrend remains structurally intact—a move to this area currently appears unlikely.

To the upside, overhead resistance is limited, with the previous all-time high at $459.41 remaining the primary reference level once the correction is complete.

Key Levels

Resistance: $459.41 (ATH)
Near-Term Support: $369.3 (50-4H-EMA)
Primary Support Zone: $332–$355 (50-day EMA & trendline)
Major Support: $232 (200-day EMA)
Structural Support: $165 (golden ratio)

Palantir (PLTR) Poised for a Bounce After 38% Correction

Posted on February 7, 2026February 7, 2026 by Konstantin Kaiser

Palantir Technologies (PLTR stock) has already declined approximately 38% from its recent highs. With downside momentum showing signs of exhaustion, the stock is now approaching conditions that could support a technical rebound. The key question is whether Palantir is positioning itself for the next upward leg.

Palantir Technologies: Testing Key Fibonacci Support After a 38% Correction

Palantir Technologies has reached a critical technical inflection point, currently testing the 0.382 Fibonacci retracement support at $130.5. From this level, the stock could stage a bullish reaction, with upside targets located at the next Fibonacci resistance levels at $158.6 and $175. However, unless Palantir decisively reclaims and breaks above the golden ratio resistance at $175, the broader corrective structure remains technically bearish.

Notably, the stock has already declined approximately 38% from its all-time high at $207.5, placing it deep into a corrective phase. Should the 0.382 Fibonacci support at $130.5 fail, the next layer of downside protection is provided by horizontal support at $125.4.

From a momentum perspective, downside risks remain present. The MACD histogram has been ticking lower for the past four months, signaling sustained bearish momentum, while the MACD lines are approaching a potential bearish crossover. Meanwhile, the RSI remains neutral, indicating neither oversold nor overbought conditions at this stage.

If both the $130.5 Fibonacci support and the $125.4 horizontal support fail to hold, the next major downside target resides at the 50-month EMA near $75. This level is technically significant, as it coincides with the golden ratio, creating a strong zone of confluence. As long as Palantir holds above this area, the primary long-term uptrend remains structurally intact, despite the ongoing correction.

Palantir Technologies: 22.3% Weekly Sell-Off Breaks Key EMA Support

On the weekly chart, Palantir Technologies experienced a sharp decline of approximately 22.3% in a single week. This aggressive sell-off resulted in a bearish break below the 50-week EMA at $146, signaling increased downside pressure in the near term.

Despite this breakdown, the exponential moving averages remain in a golden crossover configuration, which continues to confirm a bullish mid-term trend structure. However, momentum indicators paint a more cautious picture. The MACD is flashing clear bearish signals, with the MACD lines bearishly crossed and the MACD histogram trending decisively lower, reflecting strengthening downside momentum. Meanwhile, the RSI remains in neutral territory, suggesting that the stock is neither oversold nor exhibiting meaningful bullish divergence at this stage.

Palantir Technologies: Daily Chart Approaches Potential Death Cross

On the daily chart, Palantir Technologies’ exponential moving averages are approaching a potential death cross, which—if confirmed—would validate a bearish trend in the short- to medium-term. Structurally, the stock has already established a lower high and a lower low, reinforcing the prevailing bearish bias.

Momentum indicators, however, are beginning to show early signs of stabilization. The MACD lines have already crossed bearishly, yet the MACD histogram has started to tick higher today, indicating waning downside momentum. This shift aligns with price action testing the 0.382 Fibonacci support at $130.5, a level from which the stock could attempt a bullish rebound in the coming week.

Adding to this short-term constructive setup, the RSI is printing a minor bullish divergence, suggesting improving momentum beneath the surface and lending support to a near-term bullish counter-move, despite the broader bearish structure.

Palantir (PLTR)

Palantir Technologies: Death Cross Confirmed on the 4H Chart

On the 4-hour chart, Palantir Technologies’ exponential moving averages have already formed a death cross, confirming a bearish short-term trend. In line with this, the MACD lines remain bearishly crossed, reinforcing prevailing downside pressure.

However, early signs of momentum stabilization are emerging. The MACD histogram has begun to tick higher, indicating a reduction in bearish momentum, while the RSI is printing a bullish divergence, suggesting improving underlying strength. As a result, Palantir retains the potential to initiate a short-term bullish bounce, with upside targets aligned at the 0.382 Fibonacci resistance at $158.6 and, in an extended recovery scenario, the golden ratio resistance at $175.

Palantir Technologies – Technical Summary & Key Levels

Palantir remains in a broader corrective phase after a 38% decline from its $207.5 ATH, with bearish structure confirmed across the weekly, daily, and 4H timeframes. The weekly breakdown below the 50-week EMA at $146 and the emergence of death crosses on lower timeframes reinforce short-term downside pressure. Momentum indicators remain mixed: while the MACD is bearishly crossed on higher timeframes, the MACD histogram and RSI are showing early bullish divergences on the daily and 4H charts, suggesting a potential near-term stabilization.

Price is currently testing critical 0.382 Fibonacci support at $130.5, with additional horizontal support at $125.4. A successful hold of this zone could trigger a short-term bullish bounce, targeting $158.6 (0.382 Fib resistance) and potentially $175 (golden ratio resistance). However, failure to reclaim $175 keeps the correction structurally bearish.

If both $130.5 and $125.4 fail to hold, the next major downside level lies at the 50-month EMA near $75, which coincides with the golden ratio and represents a key level for maintaining the long-term uptrend structure.

Key Levels

Resistance: $158.6 → $175
Support: $130.5 → $125.4 → $75
Structural Pivot: $175 (trend invalidation level)

Gold Sees Sharp 14% Sell-Off in One Day After Strong Rally

Posted on February 1, 2026 by Konstantin Kaiser

Since marking a new all-time high at $5,602 on Thursday, gold has retraced approximately 16.5%, including a sharp 14% decline on Friday alone. The key question now is whether this move represents a healthy correction within the broader trend—or signals the start of deeper downside.

Gold Price Up More Than 435% Since 2015 as Long-Term Bull Trend Remains Intact

Since 2015, the gold price has surged by over 435%, following a prolonged sideways phase between 2015 and 2018. From 2018 to 2020, gold entered a moderate advance, rising from approximately $1,160 to $2,075. During the Covid period, price corrected until it found support at the 50-month EMA in 2022 around $1,660. From that level, gold has embarked on a powerful expansionary cycle, gaining roughly 247% and ultimately printing a new all-time high at $5,602 this Thursday.

From a technical perspective, monthly indicators remain decisively bullish. The EMAs have formed a golden crossover, confirming the long-term uptrend, while the MACD lines are bullishly crossed and the MACD histogram has been trending bullishly higher for several months. The RSI is positioned in overbought territory, yet continues to show no bearish signals, consistent with a strong trending environment rather than exhaustion.

To keep the broader uptrend structurally intact, gold needs to hold above the key golden ratio support near $2,700, where the 50-month EMA provides additional confluence and long-term support.

Gold Drops 16.5% This Week as Weekly Momentum Shows Early Signs of Cooling

Following a parabolic advance, gold has now entered a corrective phase, initiating its pullback on Thursday and declining by 16.5% over the week. Despite the sharp retracement, the weekly MACD lines remain bullishly crossed, with the MACD histogram still trending strongly higher, indicating that the broader uptrend has not yet been invalidated. However, the RSI has formed a bearish divergence, suggesting that downside risk may persist in the near term.

If the correction extends, gold could pull back toward the confluence of the 50-day and 200-day EMAs, which aligns with the 0.382 Fibonacci retracement and golden ratio support zones. These key support levels at $3,760 and $2,742 represent critical areas where gold could stabilize and bounce, potentially allowing the broader bullish trend to resume.

Gold Approaches Key Support at the 50-Day EMA as Daily Momentum Softens

For now, gold is finding significant support at the 50-day EMA around $4,546. Despite the sharp sell-off, daily indicators remain predominantly bullish: both the MACD lines and the EMAs are bullishly crossed, confirming that the short- to medium-term trend structure remains intact. That said, momentum has started to cool, with the RSI positioned in neutral territory and the MACD histogram beginning to tick bearishly lower, reflecting the impact of the recent single-session decline.

Gold Finds Key Support at the 200-Period 4H EMA as Short-Term Momentum Weakens

On the 4-hour chart, the EMAs continue to display a golden crossover, confirming that the short-term trend structure remains bullish. However, momentum is clearly deteriorating, with the MACD lines bearishly crossed and the MACD histogram ticking bearishly lower, signaling fading bullish momentum. For now, gold is finding significant technical support at the 200-period 4H EMA around $4,684. Should price bounce decisively from this level, the next major resistance is located at the 50-period 4H EMA near $5,067.

Summary & Key Levels

Gold has entered a sharp corrective phase after a powerful multi-year and parabolic advance, dropping 16.5% on the week and 14% in a single session, yet the broader trend structure remains bullish across higher timeframes. While short-term momentum has weakened—evidenced by bearish RSI divergences and a softening MACD—trend-defining EMAs and long-term momentum indicators continue to support the case for a correction rather than a confirmed trend reversal.

Key levels to watch:

Immediate support: $4,684 (200-4H EMA), $4,546 (50-day EMA)
Major support zones: $3,760 (50-day / 200-day EMA confluence, 0.382 Fib), $2,742 (golden ratio support)
Resistance: $5,067 (50-4H EMA), $5,602 (all-time high)

A sustained hold above the $3,760–$2,742 support zone would favor stabilization and a potential resumption of the primary uptrend, while a decisive break below this area would significantly increase the probability of a bear trend.

Silver Crashes 37% in One Day Following Parabolic Surge

Posted on February 1, 2026February 1, 2026 by Konstantin Kaiser

After a parabolic 945% rally from Covid-era lows, silver has abruptly reversed—plunging 39% in just one week. The key question now is whether this move represents a healthy correction—or the beginning of a deeper downside.

Silver Price Enters a Parabolic Expansion Phase on the Multi-Year Timeframe

Silver remains structurally extremely bullish on the monthly timeframe. Momentum confirms the strength of the trend, with the RSI firmly embedded in overbought territory, bullishly crossed MACD lines, and a MACD histogram that continues to expand to the upside. Since April alone, silver has surged approximately 329%, culminating in a new all-time high at $121.65, underscoring the parabolic nature of the advance rather than a gradual trend progression. In addition, the exponential moving averages have completed a golden crossover, providing further confirmation that the long-term trend remains firmly bullish.

Silver Price Drops 39% in a Single Week as Momentum Cools Sharply

On the weekly chart, the MACD lines remain bullishly crossed, although the MACD histogram has started to tick bearishly lower, signaling a loss of upside momentum. The EMAs continue to display a golden crossover, confirming that the mid-term trend remains bullish despite the sharp pullback. However, the RSI has printed a bearish divergence, which has already materialized in a 39% weekly decline. For now, silver is finding notable Fibonacci support around $82, with the next major support level located near $57.

Silver Plunges 37% in a Single Session as Short-Term Momentum Deteriorates

Friday alone, silver has pulled back sharply by 37%. Price is currently finding support at the 0.382 Fibonacci retracement near $51, while the 50-day EMA at $78.5 provides overhead technical relevance. In addition, the 200-day EMA around $54 aligns with the golden ratio, reinforcing this zone as a critical area of support. Despite the aggressive sell-off, the EMAs on the daily chart still display a golden crossover, confirming the short- to medium-term trend as bullish. However, momentum is weakening: the MACD lines are on the verge of a bearish crossover, and the MACD histogram has begun to tick bearishly lower on Friday, signaling rising downside pressure in the near term.

Silver May Attempt a Relief Bounce Toward the 50-4H EMA Near $103.74

On the 4-hour chart, the EMAs continue to display a golden crossover, confirming that the short-term trend remains bullish despite recent weakness. However, momentum is still under pressure, with the MACD lines bearishly crossed and the MACD histogram ticking bearishly lower, while the RSI has now reached oversold territory. From a technical perspective, silver could bounce from the 0.382 Fibonacci support around $81, potentially initiating a relief move toward the 50-period 4H EMA at $103.74

Summary & Key Levels

Silver has undergone a violent correction, dropping 39% on the week and 37% in a single session after a multi-year 945% parabolic rally, yet the broader trend structure remains bullish across higher timeframes. While momentum has clearly weakened—evidenced by bearish divergences and fading MACD signals—multiple Fibonacci and EMA confluences suggest the current move may still be corrective rather than trend-breaking.

Key levels to watch:

Resistance: $103.74 (50-4H EMA), $121.65 (all-time high)
Immediate support: $81 (0.382 Fib, 4H), $82 (weekly Fib)
Major support: $54–$57 zone (200-day EMA, golden ratio, weekly Fib)
Short-term risk level: $51 (daily 0.382 Fib)

A sustained hold above the $54–$57 region would favor a stabilization and potential relief bounce, while a decisive breakdown below this zone would materially increase downside risk.

Microsoft Stock (MSFT) Pulls Back 21% After Major Rally — Is More Downside Ahead?

Posted on January 25, 2026 by Konstantin Kaiser

After years of strong gains across the technology sector, Microsoft (MSFT) marked a new all-time high around $555.5 in July 2025. Since then, the stock has declined roughly 21%, signaling a notable shift in short-term market momentum.

Microsoft Stock (MSFT) Could Find Support at Golden Ratio Level Near $420

Since 2024, Microsoft (MSFT) has been trending lower from its prior high near $466, declining into the 0.382 Fibonacci retracement level around $371. This level aligned closely with a historical support zone between $350 and $389, from which the stock rebounded decisively. Following this reaction, MSFT rallied for approximately four months, advancing by roughly 61% and ultimately printing a new all-time high at $555.5.

After initially correcting from that peak, the stock made another attempt at the all-time high in October 2025, but once again faced rejection. This failure marked the beginning of a pronounced correction phase, with MSFT declining by approximately 21% over the past four months.

Technically, Microsoft now appears to be breaking below the 0.382 Fibonacci support near $475, opening the door for a continuation of the downside move toward the golden ratio (0.618) support at approximately $420. While the monthly EMAs continue to display a golden crossover, signaling that the long-term trend remains structurally bullish, momentum indicators are beginning to deteriorate. The MACD lines are at risk of a bearish crossover, and the MACD histogram has been ticking lower for four consecutive months, reflecting increasing downside momentum. Meanwhile, the RSI remains neutral, offering neither bullish nor bearish confirmation at this stage.

Overall, while the long-term trend remains intact, MSFT is currently undergoing a meaningful corrective phase, with $420 emerging as a critical technical level where buyers may attempt to reassert control.

Mixed Signals on the Weekly Chart

On the weekly chart, the EMAs continue to display a golden crossover, confirming the mid-term trend as bullish. In addition, the MACD histogram has begun to tick bullishly higher this week, suggesting a potential slowdown in bearish momentum.

However, caution remains warranted. The MACD lines are still bearishly crossed, indicating that momentum has not yet fully shifted back in favor of the bulls. At the same time, the RSI remains in neutral territory, providing neither bullish nor bearish confirmation.

From a price-action perspective, Microsoft is currently holding trendline support, but failure to maintain this level could result in a continuation of the corrective move. In that scenario, the golden ratio Fibonacci support near $420 remains the next key downside target.

Should this level fail to hold, the next key support lies at the 200-week-EMA at $389.

Death Cross Could Form on the Daily Chart

On the daily chart, the EMAs are on the verge of forming a death cross, which would confirm the trend bearishly in the short- to medium-term. This development would reinforce the prevailing corrective structure.

However, momentum indicators are beginning to send early counter-signals. The MACD lines are close to crossing bullishly, while the MACD histogram has started to tick bullishly higher since yesterday, suggesting a potential short-term momentum recovery.

Meanwhile, the RSI remains in neutral territory, offering neither bullish nor bearish confirmation at this stage.

Death Cross On The 4H Chart

On the 4H chart the EMAs have already established a death cross, which confirms the trend bearishly in the short-term. However, the MACD lines are bullishly crossed and the MACD histogram is ticking bullishly higher, while the RSI moves in neutral regions. For now, Microsoft finds significant resistance at the 5o-4H-EMA at $471. Should Microsoft break this level, it could reach the 200-4H-EMA at $487.

Microsoft (MSFT) — Multi-Timeframe Summary & Key Levels

Microsoft remains in a broader corrective phase after the rejection at the all-time high of $555.5. While the long-term trend is still structurally bullish (monthly golden crossover intact), momentum has weakened meaningfully, and downside risk remains elevated in the near to medium term.

Major resistance:
- $471 – 50-4H-EMA (immediate resistance)
- $487 – 200-4H-EMA
- $475 – former 0.382 Fib support, now resistance
Key support levels:
- $420 – golden ratio Fib support (critical downside target)
- $389–$350 – historical support zone

Trend & momentum overview:

Monthly: Golden crossover still intact (long-term bullish), but MACD histogram declining and a potential bearish MACD cross signals weakening momentum.
Weekly: Trend remains mid-term bullish (golden crossover), yet MACD lines are bearish and price risks further downside toward $420.
Daily & 4H: Short-term structure is bearish, with a confirmed death cross on the 4H chart and a potential death cross forming on the daily. Momentum indicators show early bullish counter-signals, but no confirmed trend reversal yet.

Bottom line:
As long as MSFT trades below $471–$487, the bias remains cautiously bearish, with a likely test of $420. A sustained break above this resistance zone would be required to invalidate the corrective scenario and re-establish bullish continuation.

Intel Corporation (INTC) Stock Goes Parabolic; More Upside to Come?

Posted on January 24, 2026 by Konstantin Kaiser

While competitors like Nvidia have already seen massive bull runs, Intel (INTC) has largely been left behind. That gap is now beginning to close—putting Intel back in the spotlight.

Intel Stock Surged By 209 % Since April

Intel Corporation (INTC) has delivered a remarkable recovery since April of last year, rallying more than 209% from its cycle lows. Momentum has accelerated sharply in recent weeks, with the stock gaining approximately 45% in the current month alone, underscoring a decisive shift in market sentiment.

From a technical perspective, INTC cleanly broke above the golden ratio resistance near $39, a level that had previously capped upside attempts. Following this breakout, price advanced rapidly toward the next Fibonacci golden ratio resistance at $53, where it encountered significant selling pressure and a notable rejection, signaling that this level is currently acting as a key technical barrier.

Despite this near-term rejection, longer-term indicators remain constructive. On the monthly timeframe, the MACD lines have completed a bullish crossover, while the MACD histogram continues to expand to the upside, reflecting strengthening underlying momentum and trend persistence. In parallel, the exponential moving averages (EMAs) are approaching a potential golden crossover, which—if confirmed—would serve as a strong long-term bullish trend validation.

Importantly, the Relative Strength Index (RSI) remains in neutral territory, indicating that the rally has not yet pushed the stock into overbought conditions and leaving room for further price development should momentum remain intact.

Overall, while Intel faces near-term resistance at the $53 Fibonacci level, the broader technical structure suggests a bullish long-term setup, supported by momentum indicators, trend signals, and the absence of momentum exhaustion.

Similar Outlook On The Weekly Chart Of Intel Corporation Stock

On the weekly timeframe, the technical structure remains constructive but shows early signs of consolidation risk. The exponential moving averages (EMAs) are on the verge of forming a golden crossover, which—once confirmed—would validate the prevailing uptrend on a mid-term horizon.

At the same time, momentum signals are beginning to diverge. While the MACD lines remain bullishly crossed, indicating that the broader trend is still intact, the MACD histogram has started to tick lower this week, suggesting waning upside momentum in the near term.

This loss of momentum is further reinforced by the Relative Strength Index (RSI), which has formed a bearish divergence. Notably, this divergence aligns with the clear bearish rejection at the Fibonacci golden ratio resistance near $53, strengthening the case for a potential corrective phase.

Should Intel enter a pullback, the next key Fibonacci support zones are located around $40 and $31. These levels represent structurally significant areas where bullish demand could re-emerge, potentially setting the stage for a trend-continuation rebound if broader market conditions remain supportive.

Overall, while the medium- to long-term trend structure remains bullish, short-term indicators suggest that a corrective phase would be technically healthy, allowing momentum to reset before any sustained continuation attempt.

Intel Stock: Immediate Downside Risk of 11%–32%

Intel Corporation (INTC) currently faces immediate downside potential of approximately 11% to 32%, should price retrace toward the next major Fibonacci support zones.

The most relevant downside support levels are located around $41 and $32.5. These zones carry strong technical confluence, as the 50-day EMA and the 200-day EMA align closely with the respective Fibonacci support levels, reinforcing their significance as potential stabilization or rebound areas.

Despite this short-term downside risk, the broader trend structure on the daily timeframe remains constructive. The exponential moving averages have already established a golden crossover, confirming the trend bullishly in the short- to medium-term.

Momentum indicators largely support this view. The MACD lines remain bullishly crossed, signaling that the prevailing trend is still intact, while the Relative Strength Index (RSI) continues to trade in neutral territory, suggesting the market is neither overbought nor oversold.

At present, the only notable bearish signal comes from the MACD histogram, which has begun to tick lower, indicating a loss of upside momentum and increasing the probability of a near-term corrective move.

In summary, while Intel may experience a controlled pullback toward the $41–$32.5 support range, the overall technical structure remains bullish, with trend confirmation intact and downside levels offering technically favorable zones for potential bullish reactions.

Intel Stock Finds Immediate Support at the 50-4H EMA

Intel Corporation (INTC) is currently finding immediate support at the 50-period EMA on the 4-hour chart, located around $44. As long as this level holds, it acts as a short-term stabilizing zone. However, a decisive bearish break below this support would likely open the door to a deeper corrective move toward the next Fibonacci support levels.

From a trend perspective, the exponential moving averages on the 4-hour timeframe remain in a golden crossover configuration, confirming that the short-term trend structure is still bullish.

That said, momentum indicators have weakened. The MACD lines have crossed bearishly, and the MACD histogram has been ticking lower in recent sessions, signaling increasing downside momentum and a loss of short-term bullish pressure.

Meanwhile, the Relative Strength Index (RSI) remains neutral, providing neither bullish nor bearish confirmation at this stage.

In summary, while trend signals remain constructive in the short term, deteriorating momentum suggests that the $44 EMA support is a critical inflection point, with a breakdown likely triggering a more pronounced corrective phase.

Intel (INTC) – Technical Summary & Key Levels

Intel Corporation (INTC) remains structurally bullish across the higher timeframes, supported by a potential formation of golden crossovers by the EMAs on the monthl and weekly and intact formation on the 4H and daily charts, confirming a positive long-, mid-, and short-term trend. Momentum indicators largely support this structure, with MACD lines bullishly crossed on the higher timeframes and the RSI generally trading in neutral territory, indicating no signs of broader trend exhaustion.

However, near-term momentum has weakened, as evidenced by a bearish rejection at the Fibonacci golden ratio resistance near $53, accompanied by bearish RSI divergence on the weekly chart and declining MACD histograms on the daily and lower timeframes. On the 4-hour chart, INTC is currently holding immediate support at the 50-4H EMA around $44, which acts as a critical short-term inflection level.

Key Levels to Watch

Resistance:
- $53 – Major Fibonacci golden ratio resistance and recent rejection zone
Immediate Support:
- $44 – 50-4H EMA on the 4H chart
Major Fibonacci Support Zones:
- $41 – Confluence of Fibonacci support and the 50-day EMA
- $32–33 – Strong Fibonacci support aligned with the 200-day EMA

Outlook

As long as $44 holds, Intel may consolidate before attempting another upside continuation. A break below $44 would likely trigger a corrective move toward $41 or potentially $32–33, where strong technical confluence suggests a higher probability of a bullish rebound. Overall, any pullback into these support zones would remain technically healthy within the broader bullish trend structure.

ASML Holding Stock Doubles in Six Months as AI Chip Demand Soars

Posted on January 18, 2026 by Konstantin Kaiser

ASML Holding has delivered impressive performance recently, with its stock rising approximately 138% over the past ten months and about 107% in the last six months. As demand for AI-optimized semiconductors continues to surge and advanced lithography remains essential for next-generation nodes, the market is asking: where is ASML’s stock price headed next?

On November 11 2024, ASML stock price reached the 50-month-EMA support. I wrote:

“ASML Holding Hits Historical Support Level: A Critical Turning Point for Stock Performance

ASML Holding’s stock has historically exhibited strong resilience around its 50-month EMA, returning to this support level seven times in the past 14 years. Each time, the stock rebounded sharply, continuing its parabolic uptrend, with one exception in 2022, when ASML briefly dipped below the 50-month EMA by 23%. However, it quickly recovered and went on to set a new all-time high at $1,110.

This pattern suggests that ASML’s current return to the 50-month EMA at $663 could present an attractive buying opportunity, especially considering the bullish market sentiment with President Trump back in office. Historically, rebounds from this level have led to significant price appreciation.”

ASML Stock More Than Doubles After Bouncing Off the 50-Month EMA at $663

When ASML Holding’s stock price initially reached the 50-month EMA at $663, it triggered a short-term rally of roughly 20%, before retracing back toward the same level. Within that same month, after revisiting the 50-month EMA again, ASML briefly broke below the support by approximately 13%, only to reverse sharply and surge by about 43%, before once again pulling back toward the 50-month EMA in August 2025.

As a result, between November 2024 and August 2025, ASML tested the 50-month EMA support three separate times, producing only modest upside of up to 43% while also allowing for additional downside of roughly 13%. This prolonged consolidation phase at long-term support ultimately laid the foundation for a decisive breakout.

From August 2025 onward, ASML entered a powerful acceleration phase, surging by approximately 107%. Notably, in the current month alone, the stock has already advanced by roughly 21%, highlighting the strength and momentum of the ongoing move.

From a trend perspective, the exponential moving averages have formed a golden crossover, confirming the long-term trend bullishly. Momentum indicators further support this view, with the MACD lines bullishly crossed and the MACD histogram ticking higher for multiple consecutive months. Meanwhile, the RSI is gradually approaching overbought territory, reflecting strong upside momentum without yet flashing a clear exhaustion signal.

ASML Holding

No Clear Resistance in Sight — Fibonacci Projection May Offer a Short-Term Exit

On the weekly chart, both the exponential moving averages and the MACD lines are bullishly crossed, confirming the trend bullishly in the mid-term. In addition, the MACD histogram has been ticking higher for the past three weeks, indicating strengthening upside momentum. Meanwhile, the RSI continues to trade in overbought territory, yet without producing any bearish divergence or sell signals.

With ASML Holding having printed a new all-time high at $1,375, there are currently no horizontal resistance levels overhead. As a result, Fibonacci extensions become the primary reference points. The 1.618 Fibonacci projection level at $1,438, approximately 6% above current price levels, may act as a potential short-term take-profit zone and could precede a corrective move.

In the event of a steeper correction, ASML would find its next Fibonacci support levels at approximately $850 and $500, with an additional broader support zone located between $844 and $1,022, which could provide structural backing on pullbacks.

ASML Holding Consistently Respects the 50-Day EMA Throughout the Uptrend

During the ongoing uptrend over the past three months, ASML Holding’s stock price has repeatedly retraced to the 50-day EMA, where it found support and subsequently bounced higher to resume its advance. This behavior highlights the 50-day EMA as a key dynamic support level within the current trend structure.

Should ASML face rejection at the Fibonacci projection level located roughly 6% above current price levels, the stock could enter a corrective phase, with a pullback toward the 50-day EMA implying potential downside of approximately 22%. Despite this risk, momentum indicators on the daily chart remain clearly bullish.

The exponential moving averages continue to display a golden crossover, confirming the short-term trend bullishly. In addition, the MACD lines are bullishly crossed, while the MACD histogram has begun ticking higher again since yesterday, signaling a renewed pickup in momentum. At the same time, the RSI remains in overbought territory; however, the previously emerging risk of a bearish divergence has already been invalidated.

Bearish Divergence Emerges on the 4H Chart

On the 4-hour chart, the RSI is displaying a bearish divergence, which could amplify the risk of a short-term corrective move. That said, momentum indicators remain largely supportive of the prevailing trend. The MACD remains clearly bullish, with the MACD lines bullishly crossed and the MACD histogram printing positive bars.

In addition, the exponential moving averages continue to display a golden crossover, confirming the trend bullishly in the short term. Overall, ASML’s structure remains decisively bullish, despite the presence of some near-term downside risk driven by short-term momentum divergence.

ASML Technical & Fundamental Summary — Key Levels in Focus

ASML Holding remains structurally bullish across all higher timeframes, supported by a strong technical trend and an exceptionally robust fundamental backdrop. Technically, the long-term uptrend was firmly established after ASML repeatedly defended the 50-month EMA at $663, which ultimately acted as a multi-year accumulation base before the stock more than doubled. The trend remains intact, with golden crossovers present across the monthly, weekly, and daily charts, while momentum indicators broadly confirm upside continuation despite signs of short-term exhaustion.

From a price-structure perspective, ASML is currently trading at all-time highs near $1,375, leaving no horizontal resistance overhead. The next relevant upside reference remains the 1.618 Fibonacci projection at $1,438, which may serve as a short-term take-profit zone and potential catalyst for a corrective pullback. In the event of a rejection, a retracement toward the 50-day EMA would imply downside of roughly 22%, while deeper corrections would find structural support within the $844–$1,022 zone, followed by key Fibonacci supports at $850 and $500.

Lower timeframes suggest some near-term volatility, as a bearish RSI divergence on the 4H chart points to short-term downside risk. However, both the MACD and EMAs remain bullish on intraday and daily timeframes, indicating that any pullback is currently corrective rather than trend-reversing.

Fundamentally, ASML’s technical strength is underpinned by a near-unassailable competitive position. ASML remains the sole global supplier of EUV lithography systems, a critical bottleneck technology for manufacturing advanced chips at 7 nm and below, which are essential for AI, high-performance computing, and data-center workloads. This EUV monopoly represents a structural moat that is highly unlikely to be meaningfully challenged over the next 24 months. At the same time, AI-driven semiconductor demand continues to accelerate, with industry forecasts projecting total semiconductor sales approaching or exceeding $1 trillion by 2030, directly reinforcing long-term demand for ASML’s systems.

Bottom line: ASML remains in a powerful long-term uptrend with clear bullish structure. While short-term pullbacks toward dynamic support levels are possible, the combination of technical strength and a dominant fundamental position continues to favor higher prices over the medium to long term.

Netflix (NFLX) Stock Looks Ready for a Bounce — Key Levels to Watch

Posted on January 18, 2026 by Konstantin Kaiser

Following a seven-month corrective move, Netflix stock has arrived at a significant Fibonacci support level, where downside momentum may begin to fade and a bullish bounce could emerge.

Technical Outlook: Netflix at a Critical Inflection Point

Netflix stock has corrected by roughly 35% over the past seven months and has now reached a major Fibonacci support level near $89. This zone represents a technically significant area where price could establish a bullish base and initiate a rebound.

From this support, Netflix could stage a bullish reaction of approximately 20%, targeting the next key Fibonacci resistance around $106. A decisive breakout above this level would open the door toward the golden ratio resistance at $118. Should price successfully clear this level, the broader correction would be invalidated, signaling a resumption of the primary uptrend and paving the way for a move back toward the prior all-time high at $134 — or potentially beyond.

From a trend perspective, the exponential moving averages remain in a golden crossover configuration, confirming that the long-term trend structure is still bullish. However, momentum indicators paint a more cautious near-term picture. The MACD lines have crossed bearishly, and the MACD histogram has been ticking lower for several consecutive months, indicating weakening bullish momentum. Meanwhile, the RSI is oscillating within neutral territory, suggesting neither overbought nor oversold conditions at this stage.

Overall, Netflix is positioned at a technically critical inflection point, where structural support aligns with mixed momentum signals — setting the stage for a potential bullish reversal, provided key resistance levels are reclaimed.

Netflix (NFLX) Shows Mixed Signals on the Weekly Chart

On the weekly timeframe, the exponential moving averages remain in a golden crossover configuration, confirming that the mid-term trend structure is still bullish. Momentum, however, remains mixed. While the MACD histogram has been ticking bullishly higher over the past few weeks, the MACD lines are still bearishly crossed, indicating that upside momentum has yet to fully reassert itself.

Meanwhile, the RSI is approaching oversold territory, but currently provides no clear bullish or bearish divergence, suggesting a neutral momentum environment. From a price-action perspective, a bullish reaction at the 0.382 Fibonacci support near $89 would be constructive. In that scenario, Netflix would likely face initial overhead resistance at the 50-week EMA around $104.

However, a decisive break below the 0.382 Fibonacci support at $89 would likely extend the corrective move, exposing downside targets at the 200-week EMA near $75, followed by the golden ratio support around $60. Importantly, as long as Netflix holds above the golden ratio level at $60, the broader structural trend remains bullish, despite short-term weakness.

Death Cross Emerges on the Daily Chart

On the daily timeframe, the exponential moving averages have formed a death cross, confirming a bearish short- to medium-term trend structure. Momentum signals, however, remain mixed. The MACD lines are bullishly crossed, while the MACD histogram has been ticking bearishly lower, indicating weakening upside momentum despite the recent crossover.

Meanwhile, the RSI has reached oversold territory, but currently shows no clear bullish or bearish divergence, leaving momentum direction unresolved. From a price-action perspective, Netflix retains the potential to bounce bullishly, with the next Fibonacci resistance levels located at $106 and $118.

Netflix (NFLX)

Similar Outlook on the 4H Chart

On the 4-hour timeframe, the exponential moving averages have likewise formed a death cross, confirming a bearish short-term trend structure. Momentum indicators remain indecisive. The MACD lines are prone to crossing both bullishly and bearishly, while the MACD histogram alternates between bullish and bearish readings, reflecting a lack of directional conviction. Meanwhile, the RSI is oscillating within neutral territory, offering no clear momentum signal.

Overall, several indicators continue to lean bearish in the short term. Nevertheless, the crucial Fibonacci support level remains intact and may present a favorable risk–reward entry zone for optimistic Netflix bulls, should price action confirm a bullish reaction.

Summary & Key Levels

Netflix remains at a critical technical inflection point across multiple timeframes. While the long-term and mid-term structure remains constructive, supported by a golden EMA crossover on higher timeframes, short-term momentum is mixed to bearish, with death crosses on the daily and 4H charts and conflicting MACD signals.

Price is currently testing major Fibonacci support at $89, a level that represents a make-or-break zone. A confirmed bullish reaction from this area could open the door for a rebound toward $106, followed by $118 at the golden ratio resistance. A sustained breakout above $118 would likely invalidate the broader correction and shift focus back toward the all-time high at $134 or higher.

On the downside, a break below $89 would expose $75 at the 200-week EMA, with the golden ratio support at $60 acting as the final structural support. As long as Netflix holds above $60, the broader bullish market structure remains intact, despite ongoing short-term weakness.

Key Levels to Watch:

Support: $89 → $75 → $60
Resistance: $106 → $118 → $134