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Oil crushing it's slippery slope NYMEX:MCL1! After nearly a month of selling, oil seems to be taking back buyer's momentum that first started on July 17th, 2024 and ended on August 6th, 2024. When the creation of the "W" formed shortly after hitting a 10 min supply area, this signaled the last moments of Oil's sell trend. As we go into this week, we see that oil is still coming in hot to take back supply area's that it created on the 1hr timeframe, but it's due for a pullback. Depending on after market movements, we can possibly see Oil start to pullback to continue making buy structure to the upside. Oil has a good possibility to make it back to the areas of 83.50 and 84.50. Since in current time right now as I'm typing this, Oil has already broken 3 LH's (lower high) that were created between July 22nd, 2024 and August 1st, 2024. We can see pullbacks in the range of 78.84 and 77.12 to potentially see continuation of buying movements. Within this outlook, my current analysis is buyers market until price shows other signs.
NYMEX:MCL1!Long
by eightyfourtrades
1
Cisco (CSCO): Ready for a Post-Earnings Drop?As we approach Cisco's earnings report, it's time for another pre-earnings analysis. We're examining both the higher time frame and then zooming in for a closer look. On the higher time frame (Daily), Cisco is following a nearly perfect trend channel. While a retest of the lower range of this trend channel seems the most probable, I suspect that the price could breach this level and wick into our target zone between $38 and $32. If this scenario unfolds as anticipated, it could present a great opportunity to take a long position in Cisco, potentially holding into 2025 for more significant gains. The bearish outlook is further supported by a shoulder-head-shoulder formation that has caught our eye. Although we typically don't trade based on these formations, this one is hard to ignore. Ideally, we'd see a breach below the lower trend channel range, followed by a retest, and then a sell-off into our target zone. We're watching closely for the first signs of movement following Wednesday's earnings report.
NASDAQ:CSCO
by freeguy_by_wmc
XAUUSD 4HR Update XAUUSD 4HR Update Following the previous analysis we correctly identified the market pivot off the key psych quarter zone and saw a bullish surge back up into the 2400s where price now sits at 2427.45, Going forwards I foreseeing price to make a push for the key level of 2450 and complete the next phase section of 2500 target. Check out my last update analysis to see how we progressed and leave a comment with your thoughts and ideas below :)
PEPPERSTONE:XAUUSDLong
by OfficialKieranTrewick
XAUUSD ( INSIDE DESCENDING CHANNEL ) ( 4H )XAUUSD HELLO TRADERS currently the price of the gold trading inside descending channel , and below turning level at 2,459$ , yesterday the price with open the market rising know could be continues rising to reach a supply zone around 2,459$ . Tendency, the price inside descending channel and trading below turning level , indicates under down ward pressure . Upward Zone : in order see increase , should be the price breaking turning level at 2,459$ , to rising and reach resistance level (1) at 2,474$ , by breaking and stabilizing above this level it will be attempt to reach 2,486 $ , then reaching a resistance zone around 2,495$ and 2,510$ . Downward Zone: until the price trading below supply zone around 2,452$ and 2,459$ , dropping to reach support level (1) around 2,421$ , and after breaking this level by closing 4h candle below it indicates further decline to support zone around 2,406$ and 2,391$. CORRECTIVE : currently price it will be attempt to huge retest to reach a turning level at 2,459$ before dropping . TARGET LEVEL : RESISTANCE LEVEL : 2,47$ ,2,486$ , 2,494$ . SUPPORT LEVEL : 2,421$, 2,406$ , 2,391$ .
OANDA:XAUUSDShort
by ArinaKarayi
Sell Gold (Xau/Usd) wedge BreakoutThe XAU/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 2427, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 2403 2nd Support – 2388 Stop-Loss: To manage risk, place a stop-loss order above 2440. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
OANDA:XAUUSDShort
by KABHI_TA_TRADING
6
$BABA | Allocation & Watchlist | Market Exec & Buy Stops |Technical Confluences: - Price action has been consolidating between a Wedge pattern - Price action is at a Demand Zone of all-time lows - Price is starting to slowly break above the 200MA - A break above the resistance trendline (been a good support/resistance TL) would be a significant move. Fundamental Confluences: - Considerably cheap valuations - Still one of the largest e-commerce players, don't see it dropping it off anytime soon - China's economy has been weakening and we are seeing efforts by the China government to help boost back the domestic economy. Potential for revenue boost. ________________________________ Putting in my first tranche of NYSE:BABA allocation for my Long-Term portfolio. Gonna be holding this share for years and will continue adding position with Buy Stop orders. Remember, DYOR. ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. DYOR.
NYSE:BABALong
by weekendanalyst
5
xauusd4h analisis gold prediction. friday gold just beenup side done in the range, but daily candle close with bullish at (sbr) 2427 strong ressistence but as we still have (bos) 2411,2412 depending on broker chart. supply: 2444. 2448 demand : 2403. 2405 before gold want to go high will have strong pullback.. or, take supply then pullback and recharge the puel and fly. i belive the chart is clear to understand. allwe need is patient and right confirmation. what are your thought let me know in the comment.
FOREXCOM:XAUUSDLong
by Time-Win
Recent Rally in Shrimp Exporters' Stocks I Avanti FeedsStop Loss and Technical plotted on the chart. Key Drivers Behind the Surge: 1. Record Seafood Exports: - Indian seafood exports hit an all-time high of 17.81 lakh metric tons worth ₹60,000 crore in FY23-24. - Frozen shrimp remains the leading export item, with growing demand supporting shrimp farming expansion. 2. Government Support and Budget Announcements: Sunrise Sector: The fisheries sector is recognized for its potential, with the government aiming to create 55 lakh jobs through new initiatives. Budget Measures: - Financial Support: Nucleus breeding centers for shrimp brood stock to reduce reliance on imports and improve hatchery quality. - Infrastructure Development: NABARD to cover 80% of project costs for aquaculture farmers, with up to 3% interest subvention. 3. Industry Growth Prospects: - Long-Term Growth: The budget’s emphasis on boosting the aquaculture sector indicates strong growth potential for the industry, benefiting shrimp exporters like Avanti Feeds, Apex Frozen Foods, and Zeal Aqua. Future Outlook: - Continued Expansion: With robust government support and a thriving export market, the aquaculture sector is expected to continue growing, driving further interest in stocks of companies involved in shrimp farming and export. - Investment Consideration: The strong performance and positive outlook make these stocks attractive, but it's essential to stay informed about industry developments and consult with a financial advisor for personalized advice. --- For the latest updates and insights, consult with a qualified financial advisor to tailor your investment strategy.
NSE:AVANTIFEEDLong
by We_Learn_Investing
Kfin Technologies Ltd: Performance Overview and Future OutlookStop loss mentioned on Chart Kfin Technologies Ltd: Performance Overview and Future Outlook Recent Stock Performance: - Stock Surge: Kfin Technologies' stock soared 14% on Friday, reaching a 52-week high of ₹1033.8. - Recent Trends: Over the last 5 sessions, the stock has risen more than 20%, and it has gained over 45% in the past 12 months. Trading Activity: - Volume and Value: On NSE, the stock's trading volume surged to 37.11 lakh shares, with a trade value of ₹372.09 crore, indicating strong investor interest. Q1FY25 Earnings Report Highlights: - Revenue: ₹238 crore, up 30.9% YoY. - Profit After Tax (PAT): ₹68 crore, up 58% YoY. - EBITDA: ₹100 crore, up 43% YoY, with an EBITDA margin of 42%. - International Revenue: Surge of 56.6% YoY. - VAS Revenue: Increase of 49.6% YoY. Business Development: - New Contracts: Significant growth in new contract sign-ups, especially in global fund services, alternatives and wealth solutions, fund administration, and technology solutions. - Market Position: Kfin Technologies is a unique player in India, offering comprehensive services to asset managers, including mutual funds, alternative investment funds, and pension schemes. It is also one of the three central record-keeping agencies for the National Pension System (NPS). Impact of Union Budget 2024: - Increased Participation: The budget's push for higher participation in new pension schemes is likely to benefit Kfin Technologies, potentially increasing its business in pension and retirement solutions. Future Outlook: - Growth Prospects: The strong financial performance, coupled with increased demand for pension and fund administration solutions, positions Kfin Technologies well for continued growth. - Investor Sentiment: Positive earnings and strategic positioning in a growing market contribute to the strong buying interest in the stock. Investment Consideration: - Strong Performance: Kfin Technologies shows robust financial health and growth prospects. - Market Position: The company’s unique position in the market and the favorable budgetary environment suggest potential for sustained growth. Disclaimer: For tailored investment advice, please consult with a qualified financial advisor.
NSE:KFINTECHLong
by We_Learn_Investing
XAUUSD ( BREAKING TURNING LEVEL (1) ) ( 4H )XAUUSD HELLO TRADERS as mentioned until the price remain a turning level (2) at 2,391$ , indicates to reach 2,420$ . yesterday the price sharply rising nearby +450pip , currently stabilizing 2,420$ as long as the price trading above this level directly toward to reach 2,436$ Tendency, the price trading above turning level (1) , this makes the upward direction active . Upward Zone : currently the price remain turning level (1) , until the price trading above this level we can see strong upward trending to reach resistance level (1) at 2,436$ and resistance level (2) at 2,459$ . Downward Zone: by breaking turning level (1) around 2,420$ , the price dropping to reach a turning level (2) at 2,391$ , to confirm downward , the price need breaking 2,391$ by open 4h candle below it to reach a support level (1) at 2,364 , then to reach support level (2) at 2,346$. TARGET LEVEL : RESISTANCE LEVEL : 2,436$ , 2,459$ , 2,474$ . SUPPORT LEVEL : 2,364$ , 2,346$ .
OANDA:XAUUSDLong
by ArinaKarayi
Will the 2800 zone act as a strong resistance in the near term?After breaking the 2800 area, we are now approaching it from the other side. Will it act as a strong resistance, or will we break back above it? For more information, watch the video. CRYPTO:ETHUSD EASYMARKETS:ETHUSD Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EASYMARKETS:ETHUSD
by easyMarkets
Can EURUSD revisit the psychological 1.1000 zone?With the expectation of rate cuts from the Fed, EURUSD might experience buying interest, at least in the near term. Watch the video for more details. FX_IDC:EURUSD EASYMARKETS:EURUSD Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
by easyMarkets