Get started

Chart Patterns

Bearish potential detected for IREEntry conditions: (i) lower share price for ASX:IRE along with swing up of the DMI indicators and swing down of the RSI indicator, and (ii) observation of market reaction at the support level at $9.10 (open from 13th December). Stop loss for the trade would be: (i) above the resistance level from the open of 9th September (i.e.: above $9.36), or (ii) above the resistance level from the open of 21st August (i.e.: above $9.65), depending on risk tolerance.
ASX:IREShort
by Ivory_Wolf
WEAT getting ready to test its 200 MA for the 7th time!AMEX:WEAT WEAT has been in a secular bearish trend for over 15 years. But that has not been without bullish bursts. However something happened to WEAT recently were it successfully broke out thru its 200 DMA in April of last year. In my opinion this signaled the beginning of a change in trend for WEAT. Normally stocks shift from Bearish to Range then to Bullish. They typically require a consolidation phase in the middle. WEAT ranged in 2019 after a bearish trend then broke out in 2020 for a 150% increase. However, I am not going to bet the farm on that. There is money to be made in trading the range. This is when we buy low and sell high as appose to momentum trade. I am going to buy WEAT @ $4.66 and sell half of my position at the 200 MA (about $5.20) for a 10% profit. From there I shall ride the rest to see how far we can go. Anyway, this is what I am doing with my money, you do you. Good luck.
AMEX:WEATLong
by ConvictionTrades
United Natural Foods, Inc. (UNFI): Leading the Organic MovementUnited Natural Foods, Inc. (UNFI) is a leading distributor of natural, organic, and specialty foods, providing products to grocery stores, retailers, and food service businesses across North America. Their offerings include fresh produce, pantry staples, and wellness items, catering to the growing demand for healthier and sustainable food options. UNFI’s growth is driven by its extensive distribution network, partnerships with major retailers, and the increasing popularity of organic products. On the chart, UNFI recently showed a confirmation bar with rising volume, moving into the momentum zone. This signals growing investor confidence and a potential upward trend. A trailing stop could be set using the Fibonacci 0.236 level as a guide, offering a strategy to manage risk while allowing the trade to grow.
NYSE:UNFILong
by traderspro_charts
3D Systems Corporation (DDD): Redefining 3D Printing3D Systems Corporation (DDD) is a pioneer in the world of 3D printing, offering advanced solutions for industries like healthcare, aerospace, automotive, and manufacturing. The company specializes in creating 3D printers, materials, and software that help businesses design and produce high-quality prototypes and parts. 3D Systems is also making strides in healthcare with innovative technologies for dental, surgical, and medical device applications. The company’s growth is driven by the rising demand for 3D printing and its ability to innovate in key sectors. Recently, DDD’s stock chart showed a confirmation bar with increasing volume, moving into the momentum zone. This signals growing investor confidence and potential for an upward trend.
NYSE:DDDLong
by traderspro_charts
Shiba Inu / USD Cryptocurrency | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Shiba Inu / USD Cryptocurrency - Double Formation * (Zero Trade)) | Completed Survey | Subdivision 1 * ABCDE Triangle Entry | Subdivision 2 - Triple Formation * (Reversal Argument)) | Retracement Area * Pattern Confirmation | Long Set up | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
CAPITALCOM:SHIBUSDShort
by TradePolitics
GOLDGold's drop from the strong supply roof of $2,785.40 today could be attributed to several factors Technical Analysis 1. Supply Roof Resistance: The $2,785.40 level acted as a strong resistance, causing gold to bounce back. 2. Overbought Conditions: Gold's recent rally might have led to overbought conditions, making it susceptible to a correction. 3. Profit-Taking: Traders might have taken profits after the recent surge, contributing to the drop. watch 2760-2765 and 2758 for 100 pip buy take home.
PYTH:XAUUSD
by Shavyfxhub
Sable Offshore Corporation (SOC): A Comprehensive Overview Acquisition of ExxonMobil’s Assets In February 2024, Sable Offshore Corporation (SOC) finalized the acquisition of ExxonMobil’s Santa Ynez Unit (SYU). This asset includes three offshore oil platforms—Hondo, Harmony, and Heritage—and the onshore Las Flores Canyon processing facility in Santa Barbara County, California. Initially valued at $643 million, the transaction ultimately closed at $989 million, reflecting accrued interest and interim costs. The purchase was primarily financed through a $625 million loan from ExxonMobil. The SYU was once a prolific oil-producing asset, responsible for 671 million barrels of oil from 1981 to 2015, when a pipeline rupture halted production. The remaining reserves are substantial, with 646 million barrels of oil equivalent (BOE) estimated, comprising 86% oil and 13% natural gas. Restarting operations, however, requires significant regulatory and logistical hurdles to be overcome before the January 2026 deadline, or the assets risk reverting to ExxonMobil. Pre-Production Requirements SOC must address the following key challenges before production can resume: 1. Regulatory Approvals : SOC needs federal and state permits, particularly from agencies like the Bureau of Land Management (BLM) and California’s Department of Conservation. 2. Environmental Assessments : California’s stringent regulations require comprehensive Environmental Impact Assessments (EIAs) to mitigate ecological risks. 3. Infrastructure Repairs : Repairing the ruptured pipeline and ensuring compliance with safety standards will require an estimated $197 million in additional investments. 4. Community Engagement : Addressing environmental and community concerns is critical to gaining public and local government support. Challenges Under California Environmental Laws SOC faces significant obstacles due to California’s regulatory framework, including: - California Environmental Quality Act (CEQA) : Requires all projects to identify and mitigate significant environmental impacts. - California Coastal Sanctuary Act of 1994 : Prevents new offshore oil leases in state waters but does not directly affect SOC’s federal leases. - Recent Legislation : In 2024, Governor Gavin Newsom enacted laws granting local governments more power to restrict oil production and accelerate the decommissioning of idle wells. The Game-Changer: Trump’s Executive Order On January 20, 2025, President Trump issued a landmark executive order declaring a national energy emergency. This order drastically alters SOC’s prospects by overriding state-level regulatory obstacles. Key provisions include: - Defense Production Act : SOC’s oil is classified as critical to national defense, granting the federal government the authority to expedite operations. - Federal Preemption Powers : California’s environmental restrictions are deemed a threat to national security, allowing the federal government to override them. - Military Construction Authority : SOC’s infrastructure is designated as a strategic defense asset, enabling accelerated repairs and upgrades under military authority. Valuation Analysis: SOC’s Massive Upside Potential Peer Valuation Comparison Comparable mid-sized oil companies are valued at $20–$30 per barrel of oil equivalent (BOE) . SOC’s current valuation implies a mere $4.87 per BOE , significantly undervalued relative to its peers. Stock Valuation Scenarios Based on SOC’s reserves (646 million BOE) and the impact of the executive order, here are the potential valuations: 1. Optimistic Scenario : - Assumptions : SOC restarts production by Q4 2025, oil prices remain at $80/barrel, and regulatory hurdles are eliminated. - Enterprise Value (EV) : 646 million BOE × $30/BOE = $19.38 billion . - Net Debt : $1 billion. - Market Capitalization : $19.38 billion - $1 billion = $18.38 billion . - Stock Price : $18.38 billion / 100 million shares = $183.80 per share . 2. Moderate Scenario : - Assumptions : SOC faces minor delays, production restarts by mid-2025, and oil prices decline slightly to $70/barrel. - Enterprise Value (EV) : 646 million BOE × $25/BOE = $16.15 billion . - Net Debt : $1.2 billion. - Market Capitalization : $16.15 billion - $1.2 billion = $14.95 billion . - Stock Price : $14.95 billion / 100 million shares = $149.50 per share . 3. Pessimistic Scenario : - Assumptions : Significant delays prevent production until late 2026, missing the deadline and risking asset reversion to Exxon. Oil prices drop to $50/barrel. - Enterprise Value (EV) : 646 million BOE × $15/BOE = $9.69 billion . - Net Debt : $1.5 billion. - Market Capitalization : $9.69 billion - $1.5 billion = $8.19 billion . - Stock Price : $8.19 billion / 100 million shares = $81.90 per share . Conclusion SOC’s acquisition of ExxonMobil’s Santa Ynez Unit presents a massive deep-value opportunity. With 646 million BOE of reserves , the company is undervalued at just $4.87 per BOE compared to peer valuations of $20–$30 per BOE. President Trump’s executive order drastically shifts the regulatory landscape, enabling SOC to potentially restart production before the January 2026 deadline. SOC’s stock could reach $149–$183 per share in a successful scenario, representing significant upside from its current price of approximately $27 per share. However, risks remain tied to execution, oil prices, and potential regulatory challenges despite federal intervention. Investors should monitor SOC’s progress and federal actions closely.
NYSE:SOCLong
by Who-Is-Caerus