PIDILITE INDUSTRIES looks good for a swing trade. This stock is a fundamentally strong and is now available at a discount as per technicals. The Reasons are listed below : Strong support at 2250-2300 levels. Formed a strong bullish engulfing candle on weekly timeframe. 0.382 Fibonacci support. Broke falling wedge pattern i.e a bullish sign. Holding onto...
Much of the Consumer Defensive industry and most Discount Stores have been in decline due to rising inflation. Many stores are struggling with lower revenues due to higher costs and their customers being more frugal during rising inflation periods. NASDAQ:COST is an exception with its massive strategy to buy food and common consumer necessities directly from...
NASDAQ:CRWD reports out of season, June 4th. When outlined to eliminate the extreme price action, there is a clear sideways trend. This is a Dark Pool Buy Zone. When the stock moves outside of that zone, it recovers quickly back into the zone. The huge Black candle was a gap up by HFTs on the last earnings report, followed by pros taking profits. Along with a...
In the ever-evolving tapestry of stock markets, CoForge has emerged as a compelling prospect, hinting at the possibility of a promising rally. The technical landscape paints an intriguing picture, suggesting favorable conditions for a potential swing trade. Reasons are listed below : CoForge has undergone multiple tests within the 5800-5900 zone, breaking...
Slow grind for XRP could ensure that we see the lows once more. The upcoming BTC ETF will probably not be approved in one go. As a result, XRP will probably fall along with BTC. As you can see the bottom line will take us to +/- 0.40$ first buy zone where I buy 10,000$. If this structure gets broken to the downside, it would probably be a fast wick down and...
🐂 Trade Idea: Long - ADBE 🔥 Account Risk: 2.50% 📈 Recommended Product: Stock 🔍 Entry: +/- 446.00 🐿 DCA: Yes, down to 400.00 😫 Stop-Loss: 357.00 🎯 Take-Profit #1: 539.00 (50%) 🎯 Take Profit #2: - 🎯 Trail Rest: Yes 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no...
NVDA continues to work on its bottom. The Reversal Candlestick in October signaled the end of this stock's correction. The stock has plenty of growth for the future. The red line is the bottom completion level for this chart, a strong resistance level. There's strong point gain potential when the current sideways action breaks out upward. Volume-based...
* Exceptional earnings * Very strong up trend on the monthly time frame * Sector: Industrials - Trucking * Relative Strength vs. Sector: 2.32 * Relative Strength vs. SP500: 1.44 * U/D Ratio: 1.08 * Base Depth: 30.17% * Distance from breakout buy point: 0.43% * Volume 38.37% above its 15 day average * Breaking out of a ~20 month base with volume Trade Idea: * It...
Greetings Investors! Today we consider the trading pair SAND/USDT Alright, Lets begin! Sand has seen impressive price growth since it's listing back in August last year, forming an Ascending Channel that price has continued to respect each time it has been tested. Question is, will it respect it this time? Taking a Look at our RSI, a bottom formation started...
looks like shib is touching the buy zones preparing to reverse. supports lining up very clean along with buy zones. a lot of touches from candlesticks are indicating a strong overall up trend no matter how you look at it. SAME GOES FOR THE MARKET. from the looks of it, chart is telling me we will be hitting .0001 very soon :) also look for trading...
After using the highs from 2015 and 2018 ($56.28) as support, ST is now approaching the resistance of $61.13. Also note that ST has been ranging from year-to-date between $56.28 and $61.13. Judging from the price action, it seems like ST may break and close above $61.13 in the coming week. A rejection from $61.13 could have ST test the support of $59.90 Look...
Analysis done on the daily timeframe. If you follow me you may remember i posted a chart predicting the CJ short. FOMC was the main factor behind this move as i didn't expect it to go down as much as it did, but now is a great opportunity to look for buys. As you can see, i have a trendline drawn. Price has respected it each time it's come down. I also have some...
Hi All, BTC needs to revisit these levels before hitting to 100k USD. Thanks,
The Key to Success has Been Underneath Your Nose the Entire Time The key detail that every new trader seems to miss is that volume ultimately controls price movements because the presence of adequate volume validates the price movement. If a price movement fails to be validated by adequate volume , then there is going to be an equal an opposite reaction. There...
AMEX:BTG currently offers one of the most compelling chart-based entries of any top-tier gold mining company. BTG offers tremendous value and can easily be considered a core holding within any long-term portfolio. We are currently within our first of two buy zone targets, both of which offer extremely undervalued buying opportunities. We will be adding a half...
Hello traders, Description of the analysis: Nasdaq 100 e-mini futures ( NQ ) support zones where it makes sense to time long positions. A possible correction could provide a shopping opportunity in interesting volume zones. It is definitely worth following further developments. The thickness of the support zone reflects the importance of this zone. Red lines are...
Hello traders, Description of the analysis: Walt Disney Company ( DIS ) support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan. About me: Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was...
Downtrend line and uptrend line showing a price rejected at the uptrend line and breakout at downtrend line. So this might be a possible buy position at the highlighted zone