Get started

BOS

Super Micro Computer (NASDAQ: $SMCI) Faces Critical SupportMarket Movement: Super Micro Computer, Inc. ( NASDAQ:SMCI ) is experiencing a notable dip, down 2.27% in Monday’s premarket trading. Investors are closely watching the stock as it approaches a critical structural support level within its long-standing symmetrical triangle pattern, a formation that has persisted since March 2024. Technical Analysis The symmetrical triangle pattern, marked by converging trendlines, signifies a prolonged phase of consolidation. A significant technical structure has formed, with the baseline aligned with the December 2023 pivot. If NASDAQ:SMCI breaches this support level, the downside potential is substantial, possibly leading to a retracement toward the $17 support level. However, should the stock witness a breakout above the Break of Structure (BOS), it could catalyze a strong rally, aiming for the highs seen in March 2024. The RSI (Relative Strength Index) currently sits at 40, indicating that the stock is teetering on the edge of bearish sentiment but not yet in oversold territory. The RSI’s ability to maintain this level could determine whether a bounce from support materializes or if further downside pressure ensues. The next few sessions will be pivotal in shaping NASDAQ:SMCI ’s short-term price trajectory. Recent Earnings Overview Despite the recent price dip, NASDAQ:SMCI has demonstrated impressive financial performance. The company reported a staggering 109.77% YoY revenue growth, reaching $14.94 billion in 2024, compared to $7.12 billion in the previous year. Earnings also surged by 88.77%, totaling $1.21 billion. These figures reflect strong operational efficiency and growing demand for its high-performance server and storage solutions. Analyst Forecast & Price Target: According to 16 analysts, NASDAQ:SMCI holds an average rating of “Hold.” The 12-month price forecast suggests a target of $57.74, implying a potential upside of 102.45% from its latest price. While analysts remain cautiously optimistic, the stock’s future hinges on whether it respects its current support levels or experiences a significant breakdown. Conclusion: NASDAQ:SMCI is at a technical crossroads, where a break below the symmetrical triangle’s baseline could signal further downside pressure, while a successful breakout above resistance could reignite bullish momentum. With strong fundamental backing and an impressive growth trajectory, the coming days will be crucial in determining whether the stock can reclaim its bullish potential or succumb to market pressures. Traders and investors alike should keep a close eye on the Break of Structure (BOS), as it will likely dictate NASDAQ:SMCI ’s next major move in the market.
NASDAQ:SMCI
by DEXWireNews
Yesterday, the chart dropped sharply. What should we do next?Based on the plan I made for the week, I anticipated that the price of XAUUSD wouldn’t drop below 2735. However, the result was that on just Monday alone, the chart dropped significantly, breaking through all 3 demand zones I had planned for. Therefore, today we’ll adopt a day-to-day strategy. For today, the focus will be on selling since the price has shifted CHoCH at 2735 in both H1 and H4. We will wait for the chart to retrace to our POI zone , form a CHoCH in the smaller timeframe , and then look for an entry point from the newly created supply zone."
OANDA:XAUUSDShort
by D-Nakharin
NVDA Stock Update: Downtrend Alert!📉 NVDA Stock Update: Downtrend Alert! 🚨 Attention traders! As we analyze the current market structure for NVIDIA (NVDA), it's crucial to note the recent developments on the daily chart. Key Observations: Market Behavior Since December 20, 2024: NVDA has been in a ranging market, characterized by significant volatility. Bearish Signal: We witnessed a huge bearish engulfing pattern, indicating strong selling pressure. This is a critical signal for traders to consider. Break of Key Level: The recent higher high can now be defined as a Lower High (LH) as the base of the order block at $129.60 has been broken. Expected Support Levels: As we move forward, we anticipate the following support levels: $124.94 $120.33 $115.78 We are particularly focused on potential accumulation within this Demand Zone. It's essential to stay vigilant and adapt your strategies accordingly! Happy trading, and stay safe! 📊💼
NASDAQ:NVDAShort
by ICT_Trader_SB
"Gold Break of Structure (BOS): From the provided chart: 1. **Break of Structure (BOS):** The market recently broke above a key level, indicating bullish momentum. 2. **Support Zone:** Price is currently retesting a demand zone (highlighted in light orange) near 2660, showing signs of a potential bounce. 3. **Target Area:** The purple line at 2676.82 marks the next resistance or target level. A continuation of the bullish trend may aim for this level. 4. **Trade Setup:** The blue arrow suggests a likely move upward if the demand zone holds, confirming the retest. **Conclusion:** Wait for confirmation of support around the current zone (2660-2664) before entering a long trade, with a target of 2676.82. A failure to hold this support could lead to further downside testing.
CAPITALCOM:GOLDLong
by TRADE_CENTER_1
Complete analysis - shooortS&P 500 Bias: • Weekly – Uptrend • Daily – Downtrend • 4H – Uptrend • 1H – Uptrend Fair Value Gap’s. • 5,740 – 5,830 on the daily • 6,038 – 5,934 on the daily, filled in by last candle • 5,979 – 6,016 on the 2H, (23 Dec 15.30 – 24 Dec 11.30) Order Block: • 6,037 – 6,063 on the 1H, (17 Dec 15.30 – 18 Dec 11.30) • 5,892 – 5,840 on the 30M (19 dec 15.30 – 20 Dec 09.30) Liquidity pool: • 5,700 • 5,854 (Got hit at 09.30 and Bullishly swept from 09.50 ending in a Premium short with the use of Equilibrium at 12.00) • 6,102 I think we are going to se it draw back in to the FVG that the last three 2H candles created before then testing the Order Block at 6,037 – 6,063 and procced to hunt the liquidity laying at 6,103 since it’s on a bullish rally on the daily since 20 Dec after hitting Liquidity laying there. Before dipping all the way down to the FVG at 5,740 – 5,830. And I think it will go on to the Premium buy side since the market would probably want to hit the Liquidity laying at 5,700. Though I really doubt it is going to hit that since we are in an weekly uptrend. From the previous reactions of all the building block I showed it seems it will still follow the same pattern if not any news shows up, I have showed prices reacting of previously named building blocks and then proceeded to predict it next moves based on that the market will continue that pattern. Ideally the best entry for a short would in my opinion be at 6,102 and above after seeing a break of structure to the downside at the 15M chart. I am pretty new to this so would love any feedback. You don’t agree with the analysis? Then please comment why so I could see you’re resoning.
SP:SPXShort
by LucasIMH
Healthcare Sector (XLV) Long-Term BuyI believe healthcare will be the next rotation coming out of this tech bull run. Using the Trade Jeanie (Jeanius Screener/Indicator), I was able to see the current technical buy signals happening on AMEX:XLV : Took out an untested low Price touching 21EMA while the 9EMA > 21EMA Retested a level that was broken to create a break of structure (BOS & Retest) The Jeanius Indicator shows green 'Combo' labels every time this same combination of signals happened
AMEX:XLVLong
by jeanius_tech
2
XAU/USD: Preparing for a Buy on 15-Minute Chart Overview: After observing a consolidation period on the 15-minute chart, XAU/USD is showing promising signs of a bullish breakout. The chart attached highlights a critical break of structure (BOS) along with a forecasted path that suggests a possible uptrend continuation. The recent price action has breached previous short-term lows, indicating a potential shift in market sentiment from bearish to bullish. This break of structure could be an early signal of smart money positioning before a significant upward movement. A marked red arrow points to a key structural break, suggesting a potential entry point for a long position. The idea is to initiate a buy once we see a clear break above this resistance, confirmed by increased volume and bullish candle closure. The purple line indicates a potential upward trajectory for the price following the breakout. The forecast is based on historical price patterns and expected market psychology post-breakout. Entry: Buy after a confirmed breakout above the current OB with a solid bullish candlestick. Stop Loss: Just below the most recent low prior to the breakout to mini exposure. Take Profit: Initial target set at the recent high, with a possibility to extend gains if the upward momentum continues. This setup provides a compelling opportunity for traders looking to capitalise on a breakout strategy in gold. As always, ensure to manage risk appropriately and adjust your trading plan based on real-time market conditions.
OANDA:XAUUSD
by Saurabh_R_Bhosale