Golden Ratio Zone | Long BiasOn Week Chart
GALA has been downing to Golden Ratio Zone and touch lower trend line of Fibo Channel
Wait it creates bottom and have some signals for reversal
Time will tell
Buysignal
PTON Peloton Buyout or Short Squeeze PotentialPTON Peloton Interactive is currently under the spotlight due to a significant uptick in call options activity.
This increased activity is focused on the $4 and $5 strike prices, with expirations on June 21 and July 19.
Market analysts and investors are buzzing with speculation that this might signal an imminent buyout, takeover, merger, or even a short squeeze.
Over the past week, Peloton has seen a notable surge in call options volume at the $4 and $5 strike prices. This heightened activity suggests that traders are betting on a substantial upward movement in Peloton's stock price in the very near term.
June 21 Expiration: Calls expiring this Friday indicate that some traders are expecting a major announcement or significant stock price movement within days.
July 19 Expiration: The larger volume of calls expiring next month shows longer-term optimism, potentially linked to upcoming strategic moves by the company.
Technically, Peloton’s chart is exhibiting highly bullish patterns that support the possibility of a breakout:
Falling Wedge: The stock is at the end of a falling wedge pattern, a technical indicator often associated with impending bullish reversals.
Double Bottom Pattern: Additionally, Peloton is forming a double bottom, another bullish pattern that indicates strong support and a potential for a significant upward movement.
These patterns suggest a robust technical setup for a breakout, with targets potentially as high as $6.50.
Buyout or Merger Speculation
The speculation surrounding a potential buyout by AAPL, AMZN, NKE, or a merger, is not unfounded. Peloton, despite its struggles in the past year, remains a highly attractive acquisition target due to its strong brand and substantial user base. A buyout or merger could provide the necessary capital infusion and strategic direction to reinvigorate the company’s growth trajectory.
Short Squeeze Potential
Adding fuel to the speculative fire is the potential for a short squeeze. If the stock begins to rise rapidly due to buyout rumors or technical breakouts, short sellers may be forced to cover their positions, driving the stock price even higher in a feedback loop of buying pressure.
EURJPY - Correction over, Back to highs?OANDA:EURJPY Looks to have completed the correction and if we break above 170.00 again then upside targets are around 172.00. Looking for PBs to get long.
Ideal scenario is if we get a move back to 169.00 but watching for a top in this run.
Enjoy the day.
EURNZD 500PIPS BUYWith market breaking the opposing trend line, it confirms our buy bias. Currently expecting price to retrace for more entries all the way up
AXSIt seems that according to the maintenance of the upward trend line (we do not have a LL on the price chart), if the resistance range of $8.7 is completely consumed; The probability of the continuation of the upward trend similar to the scenario is high.
If this specified resistance area is not completely consumed, we expect a downward trend and the bullish scenario is invalid.
At the moment, we do not have a signal for a bearish trend on the price chart. On the other hand, a relatively attractive candlestick pattern tangential to the upward trend line has been formed for us.
What do you think?
EOSUSDTHi guys
Tangent with the medium-term uptrend line, in the lower time frames, a head and shoulder pattern is formed at the end of the downtrend.
The support areas are also well preserved so far; Provided that the previous price floor is maintained, and the resistance range of $0.831 is consumed, we expect an upward trend similar to the scenario.
EURNZD 500 PIPS LONG Expecting a 500 pip move to the up side as price is currently at a very significant Daily trend line and also a strong support zone. For safer entries, you can wait for price to break the counter-trendline before going long
XAUUSD TODAY: Gold price keeps risingGold prices hovered around $2,340 per ounce on Tuesday, after logging gains in the previous session underpinned by growing expectations of eased monetary policies by major central banks. On Monday, data showed that US manufacturing activity slowed for a second consecutive month in May, while construction spending unexpectedly fell in April due to declines in non-residential activity. This further increased speculations that the Fed has room to cut rates this year. Traders are currently pricing a 60% probability of rate cut in September
SELL GOLD: 2374 - 2376 , SL: 2380
BUY GOLD: 2327 - 2325, SL: 2321
Good luck investors
Moving down to Golden Ratio for supporting | Long BiasOn 4H TF
Solana is trading at 164.xx now and it's moving down to 157 that level is the support by Golden Ratio
So I'm waiting for confirmation around this level
EURNZD 450 pips projectionLooking at the Daily timeframe, we can see that price is in a big Triangle pattern and it's about to test the Bullish trend line. Upon touching the trend line, wait for a clean Bullish Daily candle to close for confirmation, then swing all the way up to the top of the triangle. Let me know what u think in the comment section.
OIL will going up around 83Oil will going up aroung 83, Buy now.
we can see Oil has Descending Braodening Wedge Pattern.
On the right strong support | Long BiasOn 4h TF
FTM is creating a candle long wick on the support so I think FTM can bounce back from this support, just wait confirmation
Time will tell
NotcoinLook at that powerful trend line.
MACD also shows a good situation.
.
.
.
But if we look at the news, It may take a week for the price to increase.
Not too far Not too late.
INO Inovio Pharmaceuticals Options Ahead of EarningsAnalyzing the options chain and the chart patterns of INO Inovio Pharmaceuticals prior to the earnings report this week,
I would consider purchasing the 13usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $0.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
WMT Walmart Options Ahead of EarningsIf you haven`t bought the dip on WMT:
Then analyzing the options chain and the chart patterns of WMT Walmart prior to the earnings report this week,
I would consider purchasing the 60usd strike price Calls with
an expiration date of 2024-5-24,
for a premium of approximately $1.73.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NOT/USDTBINANCE:NOTUSDT there isn’t any sellers left
Just traders, buyers and holders
Welcome to the new world
If a candle close at the top of this lines in 45 min, well see 0.04 very soon
NOT/USDTBINANCE:NOTUSDT there isn’t any sellers left
Just traders, buyers and holders
Welcome to the new world
If a candle close at the top of this lines in 45 min, well see 0.04 very soon
SPY S&P500 etf Bearish DivergenceIf you haven't already purchased SPY after the 2023 forecast: forecast:https://www.tradingview.com/chart/idea/l6U1M9dJ/
then it's important to be aware that there's a significant bearish divergence in the RSI of SPY, the S&P 500 ETF, which initiated at $469.
Anticipating a technical retracement to $495, given its prolonged period of being overbought!
18 % UP POTENTIAL LARGE CAP SHARE BUY OPPORTUNITYADANI PORT BUY NOW ON PRICE OF 713 WILL GET APROX PROFIT OF 18 PERCENT AND THAT TOO FROM A LARGECAP
FOR MORE WSUP ME 8459 22 0202
Adani Ports and Special Economic Zone Limited (APSEZ) is India's largest private port and logistics company. It operates a network of ports and terminals in India, including the Mundra Port in Gujarat, which is one of the largest ports in the country. The company also provides logistics and supply chain management services. Adani Ports is listed on the National Stock Exchange of India and the Bombay Stock Exchange. Adani Ports and Special Economic Zone Limited (APSEZ) is a part of the Adani Group, an Indian conglomerate with interests in agribusiness, energy, resources, logistics, and real estate
Recovery for Gold - military tensions ! Increase✍️ NOVA hello everyone, Let's comment on gold price next week from 5/13 - 5/17/2024
🔥 World situation:
Gold prices increased significantly on Friday, rising over 1% even as US Treasury bond yields stayed high. This followed a University of Michigan survey indicating a drop in Consumer Sentiment to a six-month low, reflecting increasing economic pessimism among Americans. The XAU/USD stands at $2,369, rebounding from daily lows of $2,343. Given recent weak labor market data, there's a somber outlook for the US economy. Despite limited concerns about a severe economic slowdown, the quest for safety has boosted both gold and the US Dollar.
🔥 Identify:
Gold price broke through the $2330 zone, starting a recovery. In addition to military tensions in the world, gold prices have increased
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $2400, $2430
Support : $2330, $2303
🔥 NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
INDIGO shared @ 3300 Made 26% in Just 1 month !!NSE:INDIGO shared as BO levels and after multiple pullbacks it reached to a new high of 4180, means almost 27% in just one month time.
Its time to trail, Happy trading !!
AAPL Apple Options Ahead of EarningsIf you haven`t bought AAPL before reaching all time high:
or sold the beginning of the retracement:
Then analyzing the options chain and the chart patterns of AAPL Apple prior to the earnings report this week,
I would consider purchasing the 177.5usd strike price Calls with
an expiration date of 2024-5-3,
for a premium of approximately $2.36.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
PLTR Palantir Technologies Options Ahead of EarningsIf you haven`t bought PLTR before the previous earnings:
Then analyzing the options chain and the chart patterns of PLTR Palantir Technologies prior to the earnings report this week,
I would consider purchasing the 23usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $1.99.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
