200dma
Is DHL Group ready to break the long term triangle? 200dma is still acting as major resistance but approaching the end of the triangle. The chances might be high that breakout occur before the end of the year. 2nd quarter numbers were good. 6-6.5 billion EUR operating profit confirmed for 2024. Decent dividend of 4.5% at current prices.
Melanie Kreis, CFO DHL Group: "Thanks to our unique logistics portfolio we are well prepared for when global trade regains momentum."
How will the upcoming recession impact META?NASDAQ:META
Although the macro environment is starting to look more negative for the equity market, I believe this to be one of the outliers that may still have some room to run.
Recent earnings showed a modest increase in spending designated for AI, which was a worry of mine going into earning with Zuckerberg's track record of overspending.
They seem to have investor focus with their current business model. This is truly a money printing machine.
At this time it's clear that any company wanting to spend ad dollars is turning to META first and will likely cut spending elsewhere. META's continued ability to help companies target their customers far exceeds that of any other ad-based company.
In addition to their improvements in ad revenue and daily active users across all their platforms, they have been able to make noticeable gains in both VR and AR markets.
How much longer until other hardware plays like Apple (AAPL) risk becoming obsolete? Obviously, it is way too soon to make a call against AAPL, but it seems they are behind the ball on everything they are rolling out. With AI helping developers create hardware, I think this may start cutting into AAPL's competitive advantage. If this ends up being true, META's development in hardware may begin to pay off.
Looking at the chart, it's hard not to see a double top with likely further downside coming in the future. This has also fallen below its 100-day MA and failed to hold levels above when retested it. If the downward pressure continues, I am going to be a huge buyer between $385 and $400. In the short term, I may buy some out-of-the-money puts with these targets and load up on calls if it retraces to the previous all-time high support.
What will happen after the NVDA correction? NASDAQ:NVDA
On July 17th, NVDA broke out of a symmetrical triangle formation. Based on this, the current price target is $96.
NDVA recently broke below its 50-day MA, which was then retested and failed to break above. Given the current macro environment and high market fear, I am looking to hold off until the price target is reached before considering re-entry into this name.
Of all the companies, I believe this to be the most resilient to the macro environment due to the ecosystem it has created and the reliance on its hardware and software by other large-cap companies.
To deal with recessionary pressures, companies are going to find ways to cut costs. This will likely be in the form of layoffs. In this environment, to maintain productivity, they are going to rely on NVDA products for further advancement.
NVDA is currently at support around its 100-day MA. If this is broken, there is a gap that needs to be filled which is right near the above-stated price target. Once this area is tested, I will reassess. It is not out of the cards that even this high-flyer retests its 200-day MA in these current conditions, but if that is the case, that will be a massive buying opportunity.
Depending on market open I am currently considering buying OTM puts for $95 target. If that goes as planned I will close that position and sell cash secured puts at the level of the 200 day MA. If it gets close to the 200 day MA I will likely hammer call options.
Using S5TH (spx stocks above 200dma) as an oscillator timing cycPretty cool feature. You can use the 9month moving average in S5TH (spx stocks above the 200dma) to time the market cycle. Figure out the upward momentum (with help of game theory and TNX cycle). In practice and theory peoples options should be predictable because everyone act in their self-interest, seeking safety (hypothetical riskfree) and potential.
I use this as an oschilator (like RSI).. above 50% reading is bull market (because more than 50% stocks above it's 200dma).
This thing points to bull market to at least like 2025 summer. Worth noting that business cycle and TNX patterns are key here.
PAYPAL NEEDS TO STAY ABOVE WATER NOW (200 Day MA)PAYPAL - NASDAQ:PYPL
✅PUSHING ABOVE THE 200 DAY
Price failed here and rolled over in Feb and Aug 2023 but this has a very different feel to it. Hoping we break well above it and then bounce off the 200 for confirmation.
Lets see can we keep out head above water
PUKA
HALWANI BROS. CO. 6001 - Bullish Pullback to 200 Daily MAbullish pullback opportunity towards the 200-day moving average. Several strong indicators support this potential upward movement:
RSI Value Near 50: The Relative Strength Index (RSI) is hovering close to the neutral 50 level, suggesting a balanced market sentiment and potential for upward momentum.
Support Holding at 48.5 Level: The stock has demonstrated resilience by holding a crucial support level at 48.5, indicating buyer interest and a potential bounce.
As the price retraces, there's an opportunity for a second entry around the 48.5 level.
Target Levels:
Take Profit 1 (TP1): 53.2 level or 200 moving average
The daily chart and the 200 day MA The daily chart and the 200 day MA are known to provide a really good trading opportunity – not always but frequently. When price has spent some time below or above the MA and it crosses over to the other side, you should be watching this. If price retests the MA and gets rejected, you may have an opportunity to catch a multi-day runner.
In the USDTHB chart here, you can see that price has crossed over above the 200dma. It is starting to pull back towards it now and possibly will stall either at the major support at 35.20 or the MA. If we get a clear sign of being rejected and a bullish candle prints above the MA, it is a good sign to take a long. If such PA develops, you could be in for massive profits IF you stay patient and committed.
Also, check out AUDUSD for a similar setup.
Once again, we are only watching and trading this on the daily chart.
Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even more.
JSDA is showing bullish momentum! Ascending Triangle?Bullish cross on the KST where I've placed a blue thumb up.
Bullish cross on the Williams alligator with widening brands to the upside, inherently bullish indicator.
Playing peekaboo with the 200DMA.
A break above the 200DMA & 55c to 70c incoming real quick, maybe entering the cannabis sector is the type of move that will eventually attract volume to the newly CSE listed ticker for Jones Soda. Lots of great reviews on Mary Jones IN California.
Expect strong resistance at 80c if bullish momentum continues into the new year.
The trend is your friend, let it run!!The bullish momentum is undeniable since breaking above the 200 DMA in September.
Bullish cross on the William Alligator in September coinciding with the 200 DMA bullish cross.
On the Williams alligator, the bands expanding/widening in an upward motion, inherently bullish. But if I am commenting on the stock a Grizzly bear is lurking in the bushes...
8-dollar resistance, 18-dollar resistance, then 28, trade-ups and downs, it's. going to be a rollercoaster!
Crude Oil's rejection from its 200-day ma is negativeThe Society of Technical Analysts' next course starts in October. Those wishing to learn more about technical analysis can take a look at the Route to Diploma - Society of Technical Analysts, www.technicalanalysts.com
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Oil monentum indicator chartAnalysis of where oil will go based on it's suport at the 200DMA and the momenutm indicator chart pattern support.
Buy Mindtree above 4000The stock bounce from 200 dma on daily chart and made a bullish pin type candle.
Trading above 4000 will activate this candle.
The IT company reported a 49 percent year-on-year (YoY) jump in net profit at Rs 473.1 crore for the fourth quarter ended March 31, 2022. In the corresponding quarter last year, the company posted a net profit of Rs Rs 317 crore. Its EBITDA margin of 20.9 percent and PAT margin of 15.7 percent have been their highest in a decade. Mindtree's consolidated revenue from operations grew by 37.4 percent to Rs 2,897.4 crore in during January-March 2022 from Rs 2,109.3 crore in the corresponding quarter of 2020-21.
Cardano's Road to $5..Previously ADA briefly broke beneath the 200DMA and after recovering was sent into a rally of 195%. It is currently set up in a similar situation. The RSI was also, as is now, completely bottomed out. Another 195% rally from here would have ADA breaking the rising channel's resistance and possibly onto the 361.80% Fib Extension if the bulls can take back the line. The 361.80% of the Fib Extension would put ADA a little over $5!
Trading Idea : Buy Bajaj AutoNSE:BAJAJ_AUTO Making Higher High & Higher Low on weekly chart. Stock is suppose to bounce back from recent swing lows which is around 200 Day EMA.
We are recommending to buy stock around 3850 levels with Stop Loss of 3700 for the target of 4300 which near previous swing high.
SPCE Time Below 200 Day MAThis chart simply shows the length of time SPCE has spent below the 200 day MA in the past. This may help some of you manage your expectations.
It is possible that things have "changed" and as the hype may have reached it's climax, but based on technical analysis we have zero indication at this time that this is true. So far, the uptrend is intact and the price is behaving "normal" as we can see based on historical price action.
In the past, we have seen that any buy below the 200 day moving average has been well rewarded, however there is always that chance that this time is different, as with any trend.
Please see my related idea below on SPCE showing previous draw downs and gains from the 200 day moving average.
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