Breakoutsignal
OPULUSDT - LONG SETUPOPUL is in strong bullish trend.
As the market is consistently printing new HHs and HLs on higher TF , RWA is trending narrative
and OPUL is RWA based coin.
Currently the market is retracing a bit after last HH on daily and now forming bullish div on 1H, if this falling wedge will break then we will enter at breakout.
If the market successfully sustain this bullish confluence the next leg high could go for new HH.
we will enter at 0.28048
Morgan Stanley - Pre-earnings Long Opportunity on retestI caught the breakout of this HTF selling channel and sold at the top. We are now retesting the orange selling channel with support from our strong buying teal channel and below it, yellow.
With banks announcing earnings in a little over a week, this could see us at $100 really quickly
Happy Trading :)
- TraderDaddyOG
RBLX - 25 R:R Trade opportunity incoming. + Massive Daily H&STapering Tapering Tapering!
Looking for a buying continuation activation and breakout of our controlled selling algos.
If you look on the daily chart as well, you'll see a massive (beautiful) Inverse H&S pattern forming.
Happy Trading :)
- TraderDaddyOG
TOKENUSDT - BINANCE LONG SETUPTOKEN is in strong bullish trend.
As the market is consistently printing new HHs and HLs on higher TF.
Currently the market is retracing a bit after last HH on daily and now forming bullish div on 1H,
the price has given the breakout from falling wedge with bullish div and now seems like the bulls are getting ready for some strong upside movement.
If the market successfully sustain this bullish confluence the next leg high could go for new HH.
LEU - We've been prepared for this breakout all along! With signs of tapering kicking in a month ago and our strong buying channels awaiting activation, we've been preparing for this breakout and finally got our entry last week!
There's plenty more room for this to go although we can see some immediate signs of resistance here at our tapered teal. Look for yellow strong buying continuation to continue to activate and hold price for a breakout of teal and test of magenta.
Happy Trading :)
UNP - Breakouts happening on buying continuation activationNext Stop: 247.50
When we see ourselves breakout out and retesting a strong selling algorithm like magenta here, we are almost guaranteed to come and retest the top of our tapered selling algorithm (teal here).
Look for yellow strong buying to continue to activate and hold price for the move to retest teal. A future breakout of teal will then allow us to retest recent highs at 258 which is the top of our green buying continuation which is currently in control.
Happy Trading :)
XLU Potential Breakout $XLUXLU Potential Breakout Analysis
AMEX:XLU is indicating a potential breakout based on technical analysis, suggesting an opportune moment to consider exploring the utilities sector.
Why Utilities Sector?
The utilities sector is recognized for its defensive characteristics and stable performance, making it an appealing choice for investors seeking a haven during market volatility. Companies in this sector typically provide essential services such as electricity, water, and gas, which are in constant demand regardless of economic conditions.
Noteworthy Companies in the Utilities Sector:
NextEra Energy ( NYSE:NEE ): A leading clean energy company focusing on renewable power generation, transmission, and distribution. NextEra Energy's commitment to sustainability and innovation positions it as a key player in the utilities industry.
Duke Energy ( NYSE:DUK ): An electric power holding company serving millions of customers across several states. Duke Energy's established presence in the utility sector and ongoing investments in infrastructure make it a reliable choice for investors.
American Electric Power ( NASDAQ:AEP ): One of the largest electric utility companies in the United States, providing electricity to millions of customers in various states. With a strong emphasis on modernizing its grid and embracing renewable energy sources, American Electric Power is set for long-term growth.
Exploring investments in these companies within the utilities sector could offer a combination of stability and potential upside. Stay tuned to AMEX:XLU for further signals of a breakout to seize the opportunity effectively.
XLP Potential Breakout on Consumer Staples Sector $XLPXLP Potential Breakout Analysis
AMEX:XLP is showing signs of a potential breakout based on technical analysis. This could present a favorable opportunity to consider investing in the Consumer Staples sector.
Why Consumer Staples Sector?
The Consumer Staples sector is known for its stability and resilience during market fluctuations, making it an attractive option for investors looking for a defensive position. These companies produce essential goods that people need regardless of economic conditions, providing steady demand and consistent performance.
Interesting Companies in the Consumer Staples Sector:
Procter & Gamble ( NYSE:PG ): A multinational consumer goods company with a diverse portfolio of products ranging from household essentials to personal care items. Its strong brand presence and global reach make it a reliable choice for long-term investors.
Coca-Cola ( NYSE:KO ): A leading beverage company known for its iconic brands like Coca-Cola, Sprite, and Fanta. With a focus on innovation and expanding into new markets, Coca-Cola remains a solid pick in the consumer staples industry.
Colgate-Palmolive ( NYSE:CL ): A well-established company specializing in oral care, personal care, and household products. Colgate-Palmolive has a history of consistent growth and brand loyalty, making it a dependable investment option.
Investing in these companies within the Consumer Staples sector could provide a balance of stability and potential growth opportunities. Keep an eye on AMEX:XLP for further developments to capitalize on the potential breakout.
PDD - Our patience paid off! Our "lines" tell us everythingWe finally got the breakout we were waiting for on PDD and the makers set us up perfectly for a post-earnings gap up.
Happy for everyone who followed along our analysis and held strong on this one. Or maybe even added on the dip like I did.
We can expect some resistance at top of yellow here before a retest of white tapered selling and then an attempt to breakout of orange tapering again. See you all there!
Happy Trading :)
OSCR - Building liquidity for a larger breakout - What to look 4Higher Time Frame tells us everything. We are allowing this to build liquidity in a controlled selling fashion and would like to see our teal buying algorithm pick price up once reached very soon. We've already begun the tapering process on the sell side (orange and magenta controlled selling) so this is shaping up to be a nice breakout.
See you all there!
Happy Trading :)
MSFT - Why I took swing calls overnight -how I predicted the gapSupport by an algo leads to resistance by that algo. In this case, we were no longer supported by teal selling but rather by HTF buying continuation. You could see that in order to finally break out of the tapered teal selling, we needed for price to build liquidity until it could activate our HTF buying continuation algos.
More analysis like this to come! Stay tuned!
Happy Trading :)
OSCR - More room to the upside when we see this!A very strong company clearly building some much needed liquidity for a further push up. Very controlled selling algorithms in play right now and most importantly, with yellow tapered buying in control of price right now, we will need to prove some sell-side tapering on magenta before activating orange strong buying for the breakout. This breakout of controlled selling green and magenta will have strong confluence with an inverse head and shoulders having built beautiful left shoulder liquidity to grab and propel us to new highs.
Keep an eye out for this one! I was a strong believer back at $2 and that conviction paid off multiple times over.
See you all later on!
Happy Trading :)