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Learn to Draw Polygons using NIIT Learning SystemsNIIT MTS (Learning Systems) an Off-shoot of NIIT LTD got listed as Demerged Entity in Aug 2023. It had a blasting entry with more than 70% gain while listing for NIIT stock holders. After 6 months of time writing its own "fate" / creating its history, now the stock is all set to Blast Higher Technicals: Short Term View On the Daily timeframe, the Stock has Broken out of an Inverted Head & Shoulder Pattern today (also a Weekly close which is a Plus).... Target 495, 545 NIIT MTS is getting ready to teach out Triangles, Polygons and other Geometrical patterns :) Disclaimer: 3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading... We are NOT SEBI Registered Our focus is NOT providing Buy/Sell Recommendations/calls Primary Objective is to provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side" *** Important *** Consult your Financial Advisors before taking any positions If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends
NSE:NIITMTSLong
by Stocks-n-Trends
Apple - Watch The TrendlineHello Traders, welcome to today's analysis of Apple. -------- Explanation of my video analysis: Starting all the way back in 2010, Apple created its first major higher timeframe break and retest. For many years we saw the same pattern on Apple stock which was simply a trendline rejection and a horizontal break and retest. With the recent breakout and retest I do expect more continuation towards the upside away from the confluence level I mentioned in the video. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
NASDAQ:AAPL
by basictradingtv
4
SNOW (Long) - Beautiful Technicals, Don't look at FundamentalsFundamentals Really not here to admire the pristine fundamentals - the stock is severely overpriced with a price-to-sales over 20 However, having been at this for a while, for a 6-month horizon, the technicals, price and the momentum are the things to focus on Regardless, NYSE:SNOW is an outstanding company with a very bright future. However, its price might fluctuate wildly over the coming years until its sales catch up with the valuation For now, the technicals are the key... Technicals The longer a firm has been forming a bottom, the more excited I tend to get about a breakout The price of SNOW has been oscillating around for a while, forming a basing pattern (pick any of the three names on the screen) and accumulating share demand and momentum If everything goes well, the price breaks out cleanly over the resistance (black line) Looking at the stochastics, momentum is strong and volume has been on our side for the duration of the most recent up leg - shown by the Chaikin Money Flow indicator. However, considering my slight doubts about the overall market, I would shorten the horizon on this trade to 2-3 months - to hedge the best in case the market calls the investors' "soft-landing" bluff Trade I see two potential way s of playing this trade: (i) enter where the price touched the red-coloured line, catching the pullback and frontrunning the breakout (if you have a strong conviction) or (ii) wait for the actual breakout - best-case scenario is a long, fat green candle which sustains the highs towards the close and does so on volume Given the first choice, stop loss just below the red line or the 19-day EMA. With the second option, the black line is the obvious stop Failed breakout would be an obvious no-no for me and I would abort the trade and wait how the price action develops Also closely watch the NASDAQ:QQQ , Snowflake likes to follow it and I have some worries about the sustainability of the tech rally Follow me for more analysis & Feel free to ask any questions you have, I am happy to help If you like my content, Please leave a like, comment or a donation, it motivates me to keep producing ideas, thank you :)
NYSE:SNOWLong
by jurajholik
EURCADEURCAD is trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle. Currently the price is trading at the apex of the triangle and is about to give the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target could be 1.4720 followed 1.4770 What you guys think of this idea?
by JustTradeSignals
📈💰 Bitcoin Breakout Analysis 🚀🌐🔓 Key Breakthrough: Bitcoin has successfully breached the challenging $44,700 region, a level persisting since December 5th. 🎯 Next Resistance Levels: Immediate focus on the $48,000 resistance. If bullish momentum persists, watch for resistance in the $50,000 - $52,000 range. 🚨 Caution Advisory: Caution is urged this week, anticipating high market volatility. The Bitcoin spot ETF news is a significant factor that could profoundly impact market movements. ⚖️ Market Dynamics: The outcome of Bitcoin spot ETF news holds the potential to shape market trends. Traders should remain vigilant and adapt strategies to evolving conditions. 📣 Conclusion: Bitcoin's breakout signals a potential upward trajectory. Caution warranted amid anticipated news regarding the Bitcoin spot ETF. #BitcoinAnalysis #BTCBreakout #CryptoMarket
BITSTAMP:BTCUSDLong
by Richtv_official
S&P500 - 5000 Points In 2024Hello Traders, welcome to today's analysis of S&P500. -------- Explanation of my chart analysis: The S&P500 has been rallying for the entire year of 2023. Many people do expect a correction but the charts are still looking pretty bullish. If we see a breakout above the previous all time high at $4.700, I do expect a rally back to the upper resistance of the rising channel above $5.000. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
SP:SPX
by basictradingtv
5
The Bitcoin Triangle: In the Midst of a Fundamental TsunamiHard to not draw when its already outlined for you. Market manipulation is probably most prominent in the crypto sphere and notably with Bitcoin. It is the breakout trader, the technical analysis pioneer, that is the target. Give them an image, that creates a bias, a bias strong enough for them to enter the market with conviction (in the form of leveraged positions) and the self fulfilling prophecy will occur. Breakout or fake-out, stop losses will be taken out, by the crypto whale like plankton in the gambling ocean of retail traders in motion. Regardless looks bullish. Doesn't it?
by Fondera