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Alltimehigh

This PPE and safety equipment manufacturer is nearing ATH!The company is one of the largest manufacturers and distributors of PPE products in India, with 90%+ orders coming from repeat customers, and provides the widest range of head-to-toe PPE products from helmets, eyewear, ear protection, face masks, safety garments, and gloves, to shoes, etc. • Company has posted highest ever turnover and PAT in latest quarter • Company is re-investing profits in fixed assets for future growth Key Financials: • Total Revenue for latest quarter increased ~9% YoY • Net Profit for latest quarter increased by >46% YoY • TTM Net Profit margin increased from ~8% to ~10% Red Flag Check: • Promoter holding is pretty high at almost ~75% • Debt:Equity is not a concern with decent interest coverage • Stock is not in any of the exchange surveillance lists Key Technicals: • Price is in a steady uptrend and looks to breach its listing week high • Strong relative strength compared to benchmark index • Price broke out of a small consolidation zone with heavy volumes Disclaimer: This is for informational purposes only. It is not intended to be a solicitation or an offer to buy or sell any security or instrument or to participate in any particular trading strategy. The views and opinions expressed here are personal. The information contained here has been obtained from sources believed to be reliable but is not necessarily complete, and its accuracy cannot be guaranteed. I may have positions in the securities or instruments shared as ideas. Do your own research OR consult a financial advisor for personalized investment advice.
NSE:MALLCOMLong
by PratikThakkarCO
Trade Setup for 22 May 2023This will be my trade setup for 22-May-2023 In Previous few sessions price is in consolidation between 800 Points. Missing ATH by 0.10 points :) Following will be trade setup for tomorrow : From Price action price is moving upwards and making HH and HL and with Resistance placed at ATH (44151.80) and making it a Ascending Triangle pattern respecting Rising Trendline. 1.) If opens flat and sustain opening price will look for buying CE for 1st Target of just Below ATH. 2.) If opens gap up near about ATH will look if price sustain if not then will look for PE Buy for take of 43850, 43730. 3.) If opens Gap Down near 1st support of 43900 levels and if respects support will look for CE Buy for target of ATH. and if price doesn't hold near support will look for PE Buy for target of Trendline support (43630). I will trade keeping above points in mind. This is not an Advise of any kind to trade based on above. views are bullish to neutral ( Consolidation ) to big move above ATH. :) Hit Like to keep me motivated for keeping my daily trade Journal :)
NSE:BANKNIFTY
by TradeInsights
is BTC on track ?you might wonder , now that we had some good bullish days , will it keep going ? well in long-term yes , i officially claim that bull market is over , BUT ; in Short-term , i still believe after such high volatile bearish market that almost took one year and half to finally finish , now bitcoin needs a lot of LIQUIDITY for the bull run we all expect . but how will it accumulate liquidity and where will it form ? Good question !! finally . let me explain . BUY side liquidities are price ranges (zones) that investors find price rather UNDERVALUED . so what they do in contrast is that they buy to keep for long-term . AND BELIEVE ME WHEN I SAY THIS :''BTC CAN ONLY GO HIGHER IF LONG-TERM INVESTORS START INVESTING IN IT " well also if miners would finally kindly stop selling their BTC . 😊😊 PLEASE ! so what happens is that market starts going lower and lower to give these investors the opportunity to participate . to rap it all up , in short-term i guess market will see prices bellow 25K . its a huge thing to say and there it is i said it . but this year we will go near or even above ATH of 69K .
CRYPTO:BTCUSDShort
by hamidking82
Gold -> Just A Boom Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Gold is slowly but steadily approaching its previous all-time-highs exactly at the $2070 area. All of this previous resistance which we rejected two times towards the downside in the past is now turned quite strong resistance again, just the past couple of weeks Gold is up quite nicely so I do expect at least a short term rejection away from the resistance area to retest the next support zone at $1955 before then creating the continuation towards the upside. On the daily timeframe market structure is very bullish with today's break above resistance so I am first waiting for a retest of the previous resistance at $2000 and then from there I do expect a final push to retest the previous all time highs at the $2060 area. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
FOREXCOM:XAUUSDLong
by basictradingtv
35
MCD Mcdonalds is now at its all time highAs the market leader in the fast food industry, McDonalds enjoys global brand recognition. It is a slow but steady gainer pays consistent dividends and always has buyers when a seller lets some shares go at a reasonable price. On the weekly chart over five years MCD is now at the all time high and weathered the COVID era and recent market gyrations quite well. The EMA Cloud and Ichimmoku cloud indicators have consistent slopes tracking in parallel. MCD is consistently above the anchored long term VWAP showing buyers are in contro. It often uses the VWAP plus one standard deviation for support. Fundamentally, if a recession hit when eating customers will be looking for value as a high consideration. My long term call options average 45% in monthly return. I will buy one more each time there is a red engulfing candle on the daily or 4H chart. see also money.cnn.com
NYSE:MCDLong
by AwesomeAvani
Gold -> Heading For $2100Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Gold is having very strong momentum towards the upside, just the past 3 weeks the market is up about 10% which is quite a strong move for an asset like Gold. You can also see that we are currently retesting a previous weekly resistance area from which we could see a short term rejection towards the downside, but ultimately I do expect a break above the zone and then a retest of the previous all-time-highs at around the $2100 area. On the daily timeframe you can see that Gold already perfectly rejected the previous weekly resistance area so I am now just waiting for a break above the zone and a retest before I think we are ready for the next push towards the upside, heading for new all-time-highs. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
FOREXCOM:XAUUSDLong
by basictradingtv
44
Apple -> Attacking The All-Time-HighsHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Apple stock is currently breaking above a major previous weekly resistance area which we had at $153. In my last analysis, linked below, I explained all the reasons for which I do expect a breakout, now I am just waiting for a retest of this previous resistance which is now turned support and then from there I do expect more continuation towards the upside. On the daily timeframe you can also see the beautiful breakout above the resistance, I am now just waiting for a retest and bullish confirmation before the next impulse towards the upside is very likely to happen. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:AAPLLong
by basictradingtv
52
Optimism Token Reaches New All-Time HighThe cryptocurrency token Optimism has reached a new all-time high; let’s see what happens next! What is Optimism? Optimism (OP) is a cryptocurrency built on the Ethereum blockchain. It is a new type of token used to pay for transactions on the Optimism layer 2 scaling solution for Ethereum. The Optimism protocol allows for faster and cheaper transactions by moving most of the computation off-chain while still maintaining the security and decentralization of the Ethereum mainchain. Optimism Reaches All-Time High OP recently reached its all-time high, causing excitement among investors and traders. The success of OP can be attributed to the growing interest in decentralized finance (DeFi) and the increasing use of the Ethereum blockchain. As more and more projects are built on the Ethereum blockchain, the demand for efficient and cost-effective scaling solutions like Optimism will only continue to grow. Since Optimism has never reached this price before, it is impossible to say exactly where the price will go. According to the Fibonacci retracement, the next target for OP could stand around $3. According to a Fibonacci retracement, the last target of this rally stands around $3.60. We have seen rallies in the past that went above even the wildest predictions of the Fibonacci, however, these runs normally occur during a strong market bull run. If, on the other hand, OP starts falling, there are a few different support levels that the token can count on. The first support level stands around $2.00, which is the previous all-time high. Another support level stands between $0.70-$0.80, which is around the coin’s lowest point.
by cryptohopper
ABFRLHello, my dear friends and fellow traders. What we are going to look at today is the ABFRL stock. This analysis is based on weekly chart. This stock gains support level and breaks the previous resistance level and makes all-time high. There are opportunities to go upside because this support level has been carried the price once again to all-time high Thanks & regards, Alpha Trading Station Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market".
NSE:ABFRLLong
by AlphaTradingStation
SPY Price action is a bit different this time aroundUmmm, the fast and short answer is that I am overall bearish on the SPY and anticipate we ultimately get rejected from this ATH (all time high) trendline ...however, it is starting to get complicated, lol. Disclaimer: Be aware the following comments are just my observations and I am not a professional trader. I am school teacher by day and stock junky by night, lol. I just enjoy looking at the charts, doing light TA and occasionally making a little money, lol. Anyways, here we go: We have finally reached the major downward sloping trend line or what I call the all time high trendline (ATH). There is the possibility that we can get a slight push above the ATH (all time high) trendline (currently $408-$407.5) - with the more likely contested area being between $409 - $415. I’m still a bit confused as to why anyone would think SPY would ever "breakout" above of this downtrend now. Our government is aggressively trying to reverse inflation - a breakout would be fighting against their efforts. I know I've said this a few times before - but a breakout would be flirting with a bull market - and I guess if that were to happen, I'd imagine that the FED would not only continue interest rate hikes, but they would also become even more aggressive. With that being said, I guess it would be judicious for me to also explore the bullish side of all of this, lol. Price action has been unusual and unlike the past two occasions we’ve approached the ATH trendline, this time has been with tremendous momentum. Also, it’s worth noting we’ve been in the general trend line area for over 3 days. The first time we touch the trendline (March 29th) we spent about 24 hours before diving back down. The second time (August 16th) we were rejected immediately. However, this time around we tagged the trend line around 3-4 times and even broke above it one of those days. Here is a pic of the charts for comparison: This could mean nothing at all – but I do think it is important to note that this time around it has been different. Perhaps it is signaling that the bear market is near it’s end but we might have one more leg down coming. …Oh and I just want to address one more thing, lol. The “Christmas Rally” - for all those who might be confused about when Christmas rallies typically occur, here you go: “A Santa Claus rally describes a sustained increase in the stock market that occurs in the week leading up to Dec. 25.” Santa Claus Rally Definition (investopedia.com) A very real possibility is that SPY begins that leg down now (as in next week, lol), creates the ultimate bottom (possibly the $330 area) and then Santa comes along sometime after the 18th and saves Christmas – and the market, lol.
AMEX:SPYShort
by DansGoneFishing
3
Elon implements Crypto at TwitterElon is bringing the heat. after releasing the media coverup story of the decade, has gone on to announce that his newly acquired twitter will be implementing crypto features shortly. Meaning that purchasing your twitter badge subscription along with other features causing real world adoption for crypto to start. lots of folks dont see the practicality, but knowing Elon he will adopt this by accepting memcoins such as doge, shib, and perhaps his namesake dogelon mars. Just a guess but 25k% on the upside aint a bad bet to take. goodluck out there traders
Long
by largepetrol
2