From Dips to Highs: Unveiling a Bullish TurnaroundKROSS LTD newly listed company that had a rough start, now shifting from an initial downward trend to a positive trajectory. Investors are loving the positive shift, and the stock's looking solid again. It's a good sign for the future, showing they've got what it takes to bounce back. 🌟📈
Setting up for a potential 1:2 RR trade.
Disclaimer: All ideas are my personal views and not financial advise. I do not have any Telegram channel nor do I sell any courses.
Bullishpattern
NASDAQ 100 Index - Technical Analysis [Long Setup] 🔹 NASDAQ Analysis on 1H chart
- The current Trend is BULLISH
- There is no divergences
- Continuation pattern is present which is bullish flag
🔹 Trade Plan For 1HR
- Entry Level = 20386.3
- Stop Loss = 20312.7
- TP1 = 20458.6
🔹 Risk Management
- First TP is 1:1
🔹 How to Take Trade?
- Only risk 2% of your portfolio
- Take 1% risk entry with 1:1 RR
- Take 1% risk entry with 1:2 RR
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IMX ANALYSIS📊 #IMX Analysis
✅There is a formation of Descending Channel Pattern in daily chart with a breakout🧐
Pattern signals potential bullish movement incoming after the confirmation of breakout and a small retest📉
👀Current Price: $1.640
🚀 Target Price: $2.560
⚡️What to do ?
👀Keep an eye on #IMX price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#IMX #Cryptocurrency #TechnicalAnalysis #DYOR
SWING IDEA - ANDHRSUGARStock seems to have completed its Lower Low Price Action and MACD looks to form Higher Lows.
Good Election Results has also helped the stock to start picking up momentum now. It could start seeing the Price Action change directions to Higher High and Higher Low Patterns.
There seems to a Convergence Divergence in play as well.
The newly elected CM will have his swearing in ceremony on June 12.
Also 112 currently seems to have formed as an immediate support level. This is also a Key Support level now for the stock to maintain in order to go up further.
SWING IDEA - XCHANGINGNSE:XCHANGING has been rallying since the last few months. Currently it is at a S/R zone of 128. We have to wait a couple of weeks to see if this will turn out to be a Support Zone or a Resistance zone.
If it turns out to be a good Support Zone, we also have a MACD crossover incoming and once the crossover completes, it can rally up the stock at least till its Swing High Levels.
Another point to note is while the Lower Low Pattern on Price Action and Higher High Pattern started forming in the April of last year, this is only the next MACD crossover we are going to see after that.
SWING IDEA - BCLINDNSE:BCLIND is currently at a good demand zone. The stock is about to close a gap which was created last March. Some good volume and market conditions and it should be able to close the gap by this week or next week.
It can start pumping up more and reach its Swing High levels once the Gap has been successfully closed. Company also has a strong 1Y Beta of 1.85.
MACD line and signal has a very good split which indicates strong Bullish momentum.
If market conditions are good in the coming days, this trade should not have any issues completing sooner.
SWING IDEA - DELTACORPNSE:DELTACORP has been forming a Lower Low Pattern on the Price Action, while the MACD seems to be forming a Higher High Pattern currently, which could indicate that this stock's Price Action could be reversed and start to form a Higher Higher Pattern too.
In addition, Delta Corp Reports Q1 Consolidate Net Profit At 216.8 Mln.
If all is well, we can start seeing the Price going all the way up to the next Support/Resistance zone.
SWING IDEA - ASIANTILESNSE:ASIANTILES seems to be breaking out from its S/R zone at the 90s level. Watch how the same S/R zone played a crucial role right from April 2020 all the way through April 2022.
NSE:ASIANTILES is revisiting the same levels again after more than 2 years later and also with good volumes and a big green candle as well.
Price Action and Moving Averages also gave a good Convergence Divergence signal back in mid of 2023.
As long NSE:ASIANTILES maintains its weekly closing above this level, it should easily be able to revisit its Swing High levels soon.
Stock looks very bullish over the long run especially.
SWING IDEA - GLANDStock has completed its Correction phase and found its lowest at 860, much below the 1700 IPO listing.
Stock seems to be forming a new Higher High and Higher Low Pattern since Oct 2023.
Also it can be seen following the Trendline as well.
A Hammer on the weekly close last week, could indicate a strong support forming exactly on the Trendline, which is a good sign for further upward move.
If all goes right, the stock could make it to its next leg up.
Stoploss mentioned is crucial. If broken, the stock could start seeing further lows.
SWING IDEA - MAWANASUGStock has currently formed a good support at 116 levels.
It seems to making newer Higher Highs since the last few weeks steadily.
The most recent MACD Crossover has shown a good move upward.
Currently the MACD Cross is in play on the Monthly Charts. Once it completes successfully, the stock could start seeing massive movement upward in the coming weeks/month.
CNVS LONG TERM HOLD PAYING OFF. Looking forward to staying above 2.74 heading to test 3.94 with the momentum. ER COMES NOV 11 they continuously make revenue yoy and have been a positive company thru dark times of covid and stock market reset. Held thru and avd down !
Levels to stay above 2.70
Future tests 3.94 , 5.06
Onward to the volume held on at 10$ potentially with a insanely bullish run.
There could be a deal in the making, not sure but there is massive momentum. Looking to take profit at 4.20$ if trend continues but holding most of the shares for closer to nov 11
Dollar index LongYesterday everything was unexpected to some extent we will expecting gold to be bearish to its new previous all time high but the asain session rocked and Gold has gained new highs
Now taking turn towards Dollar index we are expecting a Bullish move in DXY to its global resistance price can Retest its previous Resistance became Support confluence is geopolitics and 50SMA and Resistance under american elections are also the big reason so we are bullish over dollar index and other co-relations will be bearish
Stock Watch: Tata Motors is About to Skyrocket!Tata Motors is finally shaking off its sluggish spell and gearing up for an uptrend! 🚀 After a period of consolidation, the stock is showing promising signs of breaking out. 📈 Tata Motors looks ready to zoom ahead. Keep an eye on this one – it might just be the golden ticket! 🌟🚗
Note: View invalidates if there is a daily close below 900.
Disclaimer: All ideas are my personal views and not financial advise. I do not have any Telegram channel nor do I sell any courses.
SAGA ANALYSIS (update)🔮 #SAGA Analysis - Update 🚀🚀
💲 As we said earlier #SAGA performed the same. More than 175% done move done in #SAGA. Now we can see that there is a formation of Rounding Bottom Pattern in #SAGA and we can see a more retest before a pullback.
💸Current Price -- $2.8100
📈Target Price -- $3.5700
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#SAGA #Cryptocurrency #Breakout #DYOR
A significant update on Nasdaq today Hello traders,
This is a new update of the NASDAQ market after the release of the data news.Uh uh, that came uh, stagnant stable as expicted 241K, not much happened, but as you can see from the chart, the NASDAQ market really bounced.Off of the 50 moving average and went down a little to stop out traders who were putting their stop losses.Right below the 1 hour level 20300 and that is a trick that institutions, financial and money institutions and funds due in order to stay alone in the market and get rid of all the.Other traders and as I told you before, the market may go down for a correction and still move up since.There is no real impact on the market. I'm pretty sure that the target will be still the daily level that we.Talked about.Earlier, which is?Umm. 20474.And if that level is.Are broken. We should wait for a Pull back and then look for a long trade.to go and seek the next level which will be 20744.So please keep watching that level. As long as we have a bullish momentum, we should look only for a buy trade, not a sell since the four hours. the daily chart are still bullish and there is still a bullish momentum, so we should look for a buy.trade not sell trades. Thank you for your attention and good luck for everyone and take care.
Bullish Butterfly EURUSD DailyLooks like EURUSD is forming a Bullish Butterfly pattern as the Dollar strengthens across most pairs. I'm looking for the pair to continue decline into support around 1.0575-1.0675, consolidate and possibly dead cat bounce before proceeding towards the 1.05 range. I'm also looking for the 14-period RSI to enter oversold territory during this time, which I project may go through the end of November.
I'm currently already short, having racked up ~300 pips. My current stop loss is about 150 pips trailing.
PENDLE Daily - Bullish CHART PATTERN PENDLE has formed a W-Bottom Chart Pattern in the Daily timeframe, which could signal more upside is coming.
We're also observing very distinctive higher lows and higher highs; a key sign of a bullish market.
The W-Bottom pattern hasn't quite finished playing out, what we now need to see is a successful retest of support at the "neckline" which is currently at $4. What this means in simpler terms, is that the price cannot CLOSE below this, otherwise the pattern is invalidated.
We're also observing a BUY signal in the weekly timeframe; a strong indication that bulls are in control for the near future:
If the pattern holds, the price is likely heading towards the previous local high of $4.7
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BINANCE:PENDLEUSDT
Blur USDT Spot trade 15% potential BLUR/USDT is showing signs of a potential 15% rally based on recent price action. The chart indicates a consolidation phase nearing a breakout point. Traders should watch for key resistance levels to be breached, and confirmation from volume and momentum indicators like RSI could signal the beginning of the pump. Keep an eye on support levels to manage risk in case of any pullbacks. 📈 #BLUR #Crypto #SpotTrade