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SHORT TERM OPPORTUNITY IN CAPITAL TRUST_35% UPSIDEOn a day where almost every stock seemed to tumble, CAPTRUST managed to pull off a bullish stunt. The stock closed with a +15% gain along side 15 times surge in daily volume. The weekly chart of the stock shows us that the stock managed to pierce above an18 months old active supply zone. Since Jul 2022 the stock has been attempting to move beyond the INR 110 mark but failing to do so. For the past 4 months the stock had been trading in a tight range of INR 90-110 waiting for the right time to clear above 110 mark, which it did on Wednesday's session.(AND HOW!!) What should now be expected from the stock is that it will now head towards the INR150-160 zone to test the new supply as the old supply zone has been successfully conquered. CMP 113.15 SL 98 TARGET 155 RR 1:3
NSE:CAPTRUSTLong
by neeraj_2_sharma
Arihant Capital Markets Ltd. Riding the 5th Wave ImpulseArihant Capital Markets Ltd: Riding the 5th Wave Impulse Daily Time Frame: Elliott Wave Analysis: Arihant Capital Markets appears to be in an impulse move on the daily time frame, with completion of wave 4 as a correction. Current Stage: Unfolding wave 5, with (i) and (ii) completed and a potential unfolding of wave (iii). Price Targets: Anticipating levels of 96 and 104 plus. Invalidation Level: A strict invalidation set below 63. Current Price Trading near 76. Technical Indicators: Breakout Confirmation : Price has given a breakout on the daily time frame with significant volumes. Indicator Alignment: Major indicators like MACD, RSI, RK's Magic, RK's Brahmastra, etc., are aligning positively, supporting the bullish bias. Snapshots: Attached snapshots of the indicators for reference. Elliott Wave Concept - 5th Wave Impulse: The 5th wave in Elliott Wave theory is often an impulse wave that signifies the final leg of a trend. Impulse waves are characterized by strong, directional price movements. Wave (iii) within wave 5 is typically the most powerful and extends higher, often exceeding the peaks of wave (i). I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing. Breakout with good intensity of Volumes on Daily and Hourly time frames RK's Magic says positive on Daily RK's Brahmastra says Positive bias on Daily Possible Elliott wave structure could be this MACD on Daily is positive and Strong enough MACD on weekly too RSI showing good strength on Daily chart
NSE:ARIHANTCAPLong
by RK_Chaarts
4
Long Trade in RIOTCrypto stocks are on the move, and Riot Blockchain (RIOT) is setting up for a potential breakout buy here. The stock carries a relative strength rating of 98/100, putting it in the top 2% of stocks based on performance. Crypto and digital payment companies was the top-performing sector over the last 2 months and ranked 2nd over the last 3 months. In other words, there is tremendous group strength here. What I want to see is a strong move through the $12 area on above-average volume. This would be my trigger to buy in anticipation of a quick rally higher.
NASDAQ:RIOTLong
by rossgivens
2
Long Trade in TREXTREX looks buyable here as it breaks through the pivot at $69. TREX is a building products company - specifically decking materials. Construction and related stocks have surged the last several weeks after Wall Street interpreted the latest Fed meeting as a pivot away from raising rates. the 10-yr bond yield has fallen 0.50% over the last few weeks and mortgage rates have come down with it. The boom in construction, which has been fueled by a lack of housing supply in the used market, is likely to accelerate further if rates continue falling as many banks currently forecast. And Trex Company will benefit from this trend. After a structured downtrend in August and September, TREX has ripped higher on big volume. It now trades above all its moving averages and has another 10% to go before reaching its 52-week highs at $76. But TREX is well below its all-time highs. Shares traded at $140 in late 2021 - double its current price. So it looks like there appears to be plenty of upside left on this one.
NYSE:TREXLong
by rossgivens
1
📈 TradingView Analysis: $APE/USDT Falling Wedge Breakout! 🚀Chart Analysis: Pair: $APE/USDT Timeframe: 4-Hour Chart 🔍 Technical Overview: APE/USDT has been forming a clear falling wedge pattern. Price has recently broken out above the upper trendline of the falling wedge. 📉 Previous Price Action: The falling wedge has been a consistent pattern, indicating a period of consolidation. A series of lower highs and lower lows were observed within the wedge. 🚀 Breakout Confirmation: The recent breakout above the upper trendline suggests a potential trend reversal. Volume confirmation during the breakout adds strength to the bullish case. 💡 Key Levels to Watch: Resistance: The next resistance level to watch is at . Support: The previous resistance, now turned support, is at . 📊 Indicators: RSI: Showing signs of bullish divergence, indicating strengthening buying pressure. MACD: Bullish crossover, signaling a potential shift in momentum. 📅 Upcoming Events: Keep an eye on upcoming events, announcements, or catalysts that could impact the price. 🔒 Risk Management: Set stop-loss orders to manage risk in case of unexpected price movements. Adjust positions according to your risk tolerance and trading strategy. 📈 Conclusion: The breakout from the falling wedge pattern suggests a potential bullish trend for $APE/USDT. However, always exercise caution and conduct thorough analysis before making trading decisions. 📣 Disclaimer: This is not financial advice. Trading involves risk, and it's important to conduct your own research. The breakout scenario is based on technical analysis, and market conditions can change rapidly. 👥 Join the Discussion: Share your thoughts on the $APE/USDT falling wedge breakout. What's your price target, and how are you approaching this trade? 🚀 Happy Trading! 📈✨
Long
by STP_MrNodeItAll
Linear Regression Second Derivative and Breakout Signal ScriptsUsing Linear Regression of Second Derivative script, we can see that the momentum is down, but that down momentum is actually decreasing, as the downward histogram is making a higher low compared to prior histogram. Also, Breakout Signals script is showing yellow squares at the bottom. This means that the EMAs are stacked correctly, there is a compression(it’s getting ready for a move), the velocity is increasing(price is accelerating) and the DI+ is increasing and DI- is decreasing. All these factors, when combined, give us a high probability that the coin will go up(although nothing is guaranteed in trading which is why we are using stops to protect ourselves from losses) Our Target is the top of that Keltner Channel which has a length of 21, multiplier of 2.86 and ATR length of 14.
COINBASE:APTUSDLong
by ADmytrenko2
9
BluetonaFX - USOIL Descending Triangle PatternHi Traders! The bearish price action continues on the USOIL 1D chart, and there may be possible opportunities for short entries. Price Action 📊 The market has had lower highs and lower lows since breaking below the 3-month low and 20 EMA, creating a descending triangle pattern on the chart. We are looking for further bearish momentum to break and close the trendline support line and continue to the downside. Fundamental Analysis 📰 The market's outlook on USOIL is currently negative due to continuing dips in oil prices following tensions in the Middle East.   Support 📉 74.57: TRENDLINE SUPPORT Resistance 📈 79.01: TRENDLINE RESISTANCE Risk ⚠️ No more than 2% of your capital. Reward 💰 At least 4% of your capital. Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
TVC:USOILShort
by BluetonaFX
2
BTC ANALYSIS🔮 #BTC Analysis - Breakout Trading 🌟🚀 #BTC was trading in a rising wedge pattern and now we can see a perfect breakout. But there is an immediate resistance in #BTC. If daily candle closes above resistance then after that a bullish scenario will be created.📈📈 🔖 Current Price: $37000 ⏳ Target Price:    $42500 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #BTC #Cryptocurrency #Breakout #DYOR
by ZEUS_Market_Alerts
BLS International - Looks Good!The price has recently broken out to the upside after a period of consolidation, indicating that the prior upward trend is likely to continue. A Symmetrical Continuation Triangle with a bullish bias is characterized by two converging trendlines. During this formation, prices make lower highs and higher lows, creating a tightening range. As the pattern evolves, trading volume tends to decrease, reflecting market uncertainty and indecision. It's important to note that the breakout occurs before the triangle reaches its apex, the point where the trendlines meet. What's particularly noteworthy is that the price breaks above the upper trendline with a noticeable surge in trading volume, serving as confirmation that the pattern is a signal for a continuation of the previous uptrend. This breakout suggests that the market sentiment has shifted back to a more bullish stance, potentially leading to further price appreciation. Note at below RSI Vs Price divergence also noticed! PLEASE NOTE THAT: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade
NSE:BLS
by hardeepssethi