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Bullish Patterns

Pepsico (PEP): Breakout or Rebound? Earnings Report IncomingThis week, Pepsico is set to announce its earnings, and we continue to monitor the same pattern that has persisted for a while now. PepsiCo's recent $1.2 billion acquisition of Siete Foods is a strategic move to expand Frito-Lay's "better-for-you" snack segment. Although the near-term impact on revenue is expected to be minimal, Citi predicts a modest contribution to overall growth. The deal is anticipated to close in 2025, broadening PepsiCo's multicultural portfolio. From a technical perspective, NASDAQ:PEP is still moving within the established range. We've added zones above and below the range and highlighted each instance when NASDAQ:PEP broke through the range. Except for one occurrence, all these breakouts provided good entry opportunities. The future direction remains uncertain, but the key is whether Pepsico can hold its level upon breaking through the range—it needs to hold to sustain momentum rather than falling back. For now, we continue to keep a close watch on NASDAQ:PEP and are waiting for this week's earnings report to provide further clarity. ✅
NASDAQ:PEP
by freeguy_by_wmc
SEI 1H Breakout??Potential breakout play on SEI, having broken above the diagonal trendline resistance. Now retesting this trendline as new support after making new higher low and higher high on the 1H timeframe. Price is currently in the middle of 2 draws to the downside and 2 to the upside. This does make the breakout less certain, the bullish OB that lays under current price would have better R:R without breaking the new bullish trend. Clear resistance is shown around the triple top pattern/ Daily resistance. As the general HTF structure is still a choppy one, these areas of resistance shouldn't be taken lightly as there is no real momentum to break those levels easily.
by ProR35
07/10/24 Weekly outlookLast weeks high: $65,605.03 Last weeks low: $59,829.32 Midpoint: $62,717.17 After geo-political escalations causing panic in the markets at the beginning of last week, BTC has been spending the second half of the week trying to recover losses. The 1D 200EMA came in as support midweek to cap the sell-off, a steady climb back up flipping the 4H 200EMA back to bullish and finally the week low reclaim in the dying hours of the week. This to me is very positive, showing strength in times of major uncertainty. Another outside force Bitcoin will encounter is the US presidential election, that is now less than one month away and definitely will sway traditional markets and crypto alike. This week we have some key data events: Wednesday - FOMC minutes As the unemployment data came in better than forecast, this could be a sign of further rate cuts to come in November, we may get some clues on this in the report. Thursday - CPI (YoY) Previous: 2.5% Forecast: 2.3% Actual:??? With CPI forecast to drop closer to the FEDs 2.0% target, anything lower than 2.3% would be positive for markets, 2,3% is probably priced in and anything above would be negative for markets. Friday - PPI (MoM) Previous: 0.2% Forecast: 0.1% Actual:??? Similar story in PPI as CPI, forecasts are for another drop and markets could react similarly to what's stated above. Data events can be a non-event but now that the rate cut cycle has begun and the US election is on the way these events are more important than ever.
by ProR35
DOGE at a Critical Juncture: Breakout Signals Potential RallyMarket Overview: Dogecoin (DOGE/USD) has broken above a key diagonal trendline, suggesting a potential shift in its long-term trajectory. The recent price action also includes a higher-high, and if a higher-low forms during the current pullback, it would solidify a short-term bullish trend. Price Targets: If the breakout holds, Dogecoin could target previous swing highs in the $0.13-$0.14 range. Monitoring the volume profile is key, as strong buying volume will confirm the momentum of this breakout. #Dogecoin #DOGE #CryptoAnalysis #BullishTrend #Breakout
COINBASE:DOGEUSDLong
by Richtv_official
NANO Nuclear Energy (NNE) AnalysisCompany Overview: NANO Nuclear Energy NASDAQ:NNE is at the forefront of the clean energy revolution, focusing on small modular reactors (SMRs) and microreactors. These innovations are vital for delivering reliable, clean energy to remote areas and are also being considered for space exploration, potentially opening up vast new revenue streams. Key Catalysts: Small Modular Reactors (SMRs): SMRs offer a scalable, reliable solution for generating clean energy, especially in areas where traditional infrastructure is difficult or costly to develop. Space Exploration Potential: Microreactors are being considered for space exploration, which could lead to significant revenue opportunities in the burgeoning space economy. Partnership with Idaho National Laboratory: This collaboration adds credibility to NNE’s technology and accelerates the path to commercialization. Vertical Integration: NNE is vertically integrating its operations with plans for a HALEU fuel fabrication facility, ensuring control over critical components and improving efficiency. Expansion Commitment: The recent acquisition of a 14,000-square-foot facility in Oak Ridge, TN, demonstrates the company's commitment to growth and infrastructure development. Investment Outlook: Bullish Outlook: We are bullish on NNE above $12.00-$13.00, based on its leadership in SMRs and promising new markets like space exploration. Upside Potential: Our upside target is $25.00-$26.00, driven by strong partnerships, technological advancements, and commercialization progress. 🚀 NNE—Leading the Future of Clean Energy with Innovation. #NuclearEnergy #SMRs #CleanTech
NASDAQ:NNELong
by Richtv_official
Shift4 Payments (FOUR) Analysis Company Overview: Shift4 Payments NYSE:FOUR continues to demonstrate impressive growth, specializing in payment solutions tailored for industries such as hospitality, entertainment, and sports venues. With a unique focus on vertical integration, Shift4 is capturing more market share through high-profile partnerships and technological innovation. Key Catalysts: Strong Payment Processing Growth: In Q2 2024, Shift4 processed a remarkable $40.1 billion in payments, up from $26.8 billion in Q2 2023. This marks a 75% CAGR since 2020, highlighting sustained growth in its core business. High-Profile Partnerships: Recent partnerships with Nobu Hotel and the Chicago Bears stadium reflect its expanding reach and capability to serve large-scale clients in major industries. Insider Confidence: CEO Jared Isaacman’s purchase of 86,000 shares underscores strong insider confidence in the company’s long-term growth prospects. Investment Outlook: Bullish Outlook: We are bullish on Shift4 Payments above $75.00-$76.00, given its accelerating growth in payment processing and strategic partnerships. Upside Potential: Our upside target is $118.00-$120.00, based on continued market share gains and operational momentum. 🚀 FOUR—Revolutionizing Payments with Strong Growth. #Payments #Shift4 #Fintech
NYSE:FOURLong
by Richtv_official
GBP/USD Bearish weakening, potential buys from 1.30500This week looks promising for my type of setups, with both sell and buy opportunities presenting decent prospects. I’ll be waiting for high-quality lower time frame confirmations before taking any trades. Depending on which point of interest (POI) gets hit, I’ll adjust, but ideally, I’m looking to sell from the supply zone down toward the demand zone. Once price reaches the 15-hour demand zone, I’ll shift to looking for buy opportunities, targeting the imbalances above and the untouched Asian session highs. Although the overall trend is bearish and sells look favorable, I plan to wait for a mitigation of the higher supply zones around 1.32500 before committing to any shorts. Confluences for GU Buys: - The refined 15-hour demand zone has caused a CHOCH to the upside. - There are significant imbalances and liquidity above that need to be filled. - For price to retrace to the supply zone, it must first move upward. - The US Dollar Index (DXY) is sitting in a strong supply zone, which could trigger a drop in the dollar, supporting bullish momentum for GU. Note: If the buy scenario doesn’t play out as planned, I’ll wait for a strong supply zone to sell from and continue the bearish trend. However, given that price is already in a higher time frame demand zone, I wouldn’t be surprised to see an upward push as early as Monday.
Long
by Hassan_fx
Caterpillar (CAT): Construction Strength Amid Industrial SlumpCharting Caterpillar can be challenging, given the complexity of its price structure, but it’s fascinating to see how well it respects Elliott wave theory and trend channels. Despite the difficulties, the adherence to these principles makes the analysis quite promising. The construction sector for Caterpillar remains robust, while the true growth catalyst is expected from a recovery in the mining industry, driven by demand from China and other regions. However, it’s not all positive: industrial activity in the U.S. has been sluggish, with the Institute for Supply Management Purchasing Managers' Index falling below 50 in 21 of the last 22 months—marking one of the worst streaks on record. This industrial downturn certainly adds pressure. On a higher time frame, there’s not much new to add. However, we are looking for Caterpillar to move higher to complete wave (3). As shown in the zoomed-in chart (the chart in the left frame), we can observe how accurately the price is moving within the trendline. The "best-case" scenario for us would involve a push above the channel, followed by a sell-off. If this happens, it will provide a clearer indication that a larger correction—wave (4)—is imminent.
NYSE:CAT
by freeguy_by_wmc
1
NOT/USDT BREAKOUT ALERT: READY FOR TAKEOFF!!Hey everyone! If you're enjoying this analysis, please give it a thumbs up and follow! NOT is showing potential here. It’s breaking out from a falling wedge-like structure on the daily time frame and is currently hovering near the wedge. This could be a good buying opportunity, with a chance to add more on dips. Entry range: Current Market Price (CMP) and accumulate up to $0.0068 Targets: $0.0104 / $0.0136 / $0.0172 / $0.0225 Stop Loss (SL): $0.0054 What are your thoughts on NOT's current price action? Do you see a bullish setup? Share your analysis in the comments below!
Long
by CoreCrypto1
APT - The signal is crystal clear.#APT/USDT #Analysis Description --------------------------------------------------------------- + APT has clearly bounced from the support zone, and we are now seeing a defined trend. + The price is moving towards the next resistance around $18. + This presents a clear opportunity to capitalize on the trend and maximize profits. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 9.13 Stop Loss: 6.43 ------------------------------ Target 1: 10.84 Target 2: 12.96 Target 3: 15.23 Target 4: 18.57 Target 5: 26.78 ------------------------------ Timeframe:1W Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
LISTA/USDT: READY FOR AN ATH!!Hey everyone! If you're enjoying this analysis, please give it a thumbs up and follow! LISTA is showing strong potential here. It has broken out from the descending triangle pattern and performed a clean retest of the breakout level. It's a good time to consider entering, with opportunities to add more during any dips. Entry range: Current Market Price (CMP) and accumulate up to $0.29 Targets: $0.42 / $0.54 / $0.66 / $0.85 Stop Loss (SL): $0.235 What are your thoughts on LISTA's current price action? Do you see a bullish setup? Share your analysis in the comments below!
Long
by CoreCrypto1
Newmont (NEM) AnalysisCompany Overview: Newmont NYSE:NEM , as the world’s largest gold miner, is well-positioned to benefit from the ongoing gold bull market. The price of gold is projected to rise to $2,500 per ounce by the end of 2024, creating a significant tailwind for Newmont’s operations. Key Catalysts: Gold Production Strength: With forecasted production of 6.9 million ounces in 2024, Newmont has a major advantage, given its scale and operational capacity. The bullish gold market will enhance its profitability. Newcrest Acquisition: The acquisition of Newcrest Mining is a game-changer, adding $500 million in synergies and boosting cash improvements by $2 billion through portfolio optimization. This deal strengthens Newmont’s competitive position and enhances long-term value creation. Investment Outlook: Bullish Outlook: We are bullish on Newmont above $48.00-$49.00, based on strong gold market fundamentals and the strategic value of the Newcrest acquisition. Upside Potential: Our target for NEM is $78.00-$80.00, driven by rising gold prices and operational efficiencies from the acquisition. 🚀 NEM—Gold Market Leader Positioned for Growth. #Gold #Mining #Newmont
NYSE:NEMLong
by Richtv_official
BTC reversal soon??Divergences between price and RSI can often show that a trend is coming to an end and a new one is beginning. In this case we can see that RSI on the 4H timeframe hit the oversold zone, and has been steadily climbing out of it ever since. However, we can see that price has continued making lower lows and lower highs... The price and the oscillator are out of phase and in this case as RSI grows larger but price continues to drop it's a bullish divergence signal and this suggests a trend shift from bearish to bullish. Divergences are not perfect, no indicator is but this can be paired up with other signals for confluence, RSI being at the oversold zone is a good indicator that the bulk of the move is done, especially now that RSI has climbed out of it. The green box is showing a bullish orderblock, all 3 wicks have bounced off this zone and therefor suggests support also. My feeling is that geopolitical worries have shaken the traditional markets and that uncertainty has spilt over into crypto, fundamental influences will effect the charts no matter how good the technical analysis may be. If we weather this storm and the situation doesn't escalate the TA suggests the worst has been and gone.
by ProR35