EURGBP BUY SIGNAL EURGBP
I neither trade the news nor any SMC or chart patterns, etc. I trade solely and exclusively based on algorithmic structure. According to the algorithm, a long swing trade is warranted here. I have mentioned the entry level and TP (Take Profit) and SL (Stop Loss) below.
BUY
ENTRY = 0.84345
STOPLOSS = 0.84042
TARGIT 1 = 0.84991
TARGET 2 = 0.85400
TARGET 3 = 0.86016
Earnings
Cigna Has Pulled BackCigna hit new record highs in March. Now, after a pullback, some traders may see opportunities in the health insurer.
The first pattern on today’s chart is the March low around $330. CI has held that level for more than a week, which may suggest support is in place.
Second, the current stabilization is occurring at the 100-day simple moving average. That may reflect a bullish trend over the longer term.
MACD is also starting to turn up. That may reflect increasing bullishness over the short term.
Finally, CI jumped after its last three quarterly reports, which each beat estimates. (It failed to hold after the most recent.) That could suggest investors are positive on its fundamentals.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
Can Hamster Kombat become another Notcoin(NOT)!?Today, I want to examine a new Telegram game that has become very trending and see if the Hamster Kombat project can be another Notcoin(NOT) .
You have probably heard about the Hamster Komba game in the past few weeks at work, school , university , and in the family (maybe even the notification of people joining your contact in Telegram is a lot for you😂). I suggest you read this article to find out if Hamster Kombat is worth your time or not.
Please stay with me.
-----------------------------------------------------------------------
What is Hamster Kombat?
Hamster Kombat is a Tap-to-earn type of game that is activated on the Telegram platform . This game was officially launched on March 25, 2024 on the TON network.
Hamster Combat currently has more than 60 million users , with more than 24 million active users
The game allows players to manage a virtual cryptocurrency exchange and earn in-game coins, which can subsequently be converted into real tokens to withdraw the earned funds. The gameplay is similar to the popular game Notcoin.
-----------------------------------------------------------------------
Now, let's check the Hamster Kombat project with the help of SWOT ( Strengths - Weaknesses - Opportunities - Threats ).
What is the SWOT!?
SWOT ( Strengths-Weaknesses-Opportunities-Threats ) analysis is a framework used to evaluate a company's competitive position and to develop strategic planning. SWOT analysis assesses internal and external factors, as well as current and future potential.
🔸 Strengths : More interesting game than Notcoin _ High number of active users (Notcoin less than 40 million users) _ Good marketing _ Very good conditions on social media _ Having a road map.
🔸 Weaknesses : No whitepaper _ Poor website _ Not having a clear future for the Hamster Kombat project _ The total number of tokens is not clear - the distribution method may not be fair _ the development team is unclear _ wastes a lot of energy and time.
🔸 Opportunities : Hard Forks to improve the Hamster Kombat project_ Willingness of big investors to invest _ Improving the website and white paper.
🔸 Threats : High number of miners _ Emergence of Whales _Unspecified fee_ Hackers _ Competitors.
Can you add other parameters to the options above or not!?
-----------------------------------------------------------------------
Conclusion : Due to the fact that there are more Tap-to-Earn games these days, we should be a little careful in choosing the game, because no matter what you like, you will eventually have an income for the time you spend.
According to the above description and the information so far about the Hamster Kombat project, it seems that considering the high number of active users, the token of this project will be listed at least because of its attractiveness for exchanges (volume trading). The point here is whether you can earn for the time you spend or not? Because this game seems to take more time than the similar Notcoin project, so in conclusion, I recommend you look at the Hamster Kombat game as a side hobby and not spend all your time on a project that is uncertain.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Stooges new Binance meme coin? Introduction:
Stooges ($STOG coin) was born as a criticism of the current crypto world. A totally ridiculous coin that's shaking up the crypto world with a pie in the face.
Inspiration and Purpose:
Inspired by the legendary Three Stooges, this coin is here to prove that not everything in life has to be serious. It's fast, it's silly, and it's on Solana, because... why not?
Target Audience:
If you're tired of those boring coins that promise the moon and stars but only give you charts and more charts, it's time to join us.
Unique Selling Proposition:
Stooges.io isn't just a coin, it's a joke you can buy, sell, and most importantly, share!
Reiteration and Emphasis:
Stooges ($STOG coin) was born as a criticism of the current crypto world. A totally ridiculous coin that's shaking up the crypto world with a pie in the face.
Why Solana:
Inspired by the legendary Three Stooges, this coin is here to prove that not everything in life has to be serious. It's fast, it's silly, and it's on Solana, because... why not?
Call to Action:
If you're tired of those boring coins that promise the moon and stars but only give you charts and more charts, it's time to join us.
Closing Statement:
Stooges.io isn't just a coin, it's a joke you can buy, sell, and most importantly, share!
www.stooges.io
Fully Diluted Valuation (2024.06.08)
$1.92M
24h Trading Vol
$161,361.00
First Meme coin x Marstercad Debit
GE is GEAerospace a buy 5% below its ATH? - LONGGE is now priced at 5% below its recent ATH. The daily chart shows it to be on a VWAP breakout
over two standard deviations above the mean anchored VWAP originating in 2 and a half years
ago. Price has dipped and pulled back to the midline of the Bollinger Bands and buying volatility
is fading as can be seen on the indicators. I see this as a safe point to add to my GE long
positions of shares and call options. Having trimmed some of those positions 4 weeks ago, I
will add the same amount back in along with 20% extra. When earnings are upcoming in
August I will again look for a pivot high from which to trim again.
ADOBE: What is the stock doing before the Q2 earnings Adobe's stock price has been declining over the past month, currently trading below its 50, 100, and 200-day moving averages, with the chart drawing a "death cross" pattern around mid-April, which further confirms the bearish sentiment. The stock now trades at a 25% discount compared to the highs earlier this year.
The Volume Oscillator currently stands at 1.3%, suggesting some buying interest remains, but it's weakening compared to recent trading volume. This could signal a potential reversal, but the downtrend remains strong, with the neutral RSI not suggesting any bullish reversal either.
Next week's Q2 earnings announcement could be a significant catalyst for Adobe. Positive earnings could potentially reverse the current downtrend, but the recent controversy surrounding Adobe's terms and conditions update could weigh on investor sentiment.
The T&Cs update has sparked concerns among users, particularly creatives worried about their creations being used to train AI models, and professionals concerned about the privacy of their data. This could potentially impact Adobe's reputation and customer base, particularly since Adobe remains relatively silent on the issue. This uncertainty adds another layer of risk to the stock in the near term.
VTYX- a risky biotechnology penny stock LONGVTRX is on a 120 minute chart, currently trading at 90% off its ATH and 50% above its absolute
long term support level. Price tried to cross above the long term mean VWAP 3 months ago
but was rejected. I anticipate that in time it will try to so so again. From 3.3 to a target of 9
would be a move in the neighborhood of 300%. I will take a small position long trade here.
This will be highly volatile. I will place a 25% stop loss to give VTRX room to roam for a couple
of earnings periods. Once the price rises 25% I will convert to a trailing stop loss of 25% and
make the then risk free trade low maintenance.
NIO ? Are traders ready to love it again LONGNIO on the daily is 95% below its ATH Winter of 2021 and 50% lower YTD. In China NIO is
competing well with XPEV, LI , BYD and TSLA while it makes further penetrative into the
EU market. Its unique concept in action is battery leasing and battery swapping making
charging time no longer relevant. Apparently, the battery swapping time from a depleted
battery to one carrying a charge is 15-20 minutes. Being a bottom-seeking bargain hunter quite
often, I will take a long trade here with a planned duration of two earnings periods.
DELL moves higher in continuation LONGDELL on the weekly chart shows its bullish trend which accelerated this past March as shown
on the Prive Volume Trend. The relative volume indicator shows some spiking blue volume
bars of buying volume = 3 of the 13 weeks in the past quarter. I see this as a long swing trade
or even an investment to hold at an easy to get into price compared with SMCI. DELL may be
a bit overbought and overextended but I am convinced it is for good reasons and that a trade
here will pay profit over time. The dip of 5% in the past trading day provides a good entry.
$NVDA Risk On into Earnings Post Market 5/22/24Seeing lots of double/triple tops on multiple timeframes. Way overbought but that's never an entry thesis. Just love the contrarian risk reward to the downside here with a hard stop at $975. Quick trade one way or the other and my love for NVDA does not constitute a trade per rules.
GOLD ANALYSIS 30/05/24🔴 Here are the most notable developments:
• As we mentioned previously, the preference is to buy the dollar with every decline
• This comes after statements by Federal Reserve member Neel Kashkari, who surprised the market and said that the Fed may move to raise interest rates instead of lowering them if inflation continues to rise.
• Nvidia is close to exceeding $3 trillion in market value and is close to surpassing Apple to become the most valuable company in the world.
👈 Today will be very important as the financial markets await the release of the US GDP statement at 3:30 Saudi time.
🔥 This news will have a strong impact on the movement of global markets, so please be careful
im no trading now closed every single trade i had , 10 minutes left for the Economic Data " Jobless claims " ...
#eih #hotelsDaily chart is strong for the stock, before results for the March-24 quarter stock took a dip, now near the support zone, stock has given the breakout in Mar-24 and now retesting the breakout levels, near the support zone, so risk reward is favourable. Buy Near 431 for the target 485 with stop loss 414 in next 1-2 Months.
Nextracker: Solar Uptrend Taking Shape?Nextracker went public in early 2023, which were dark days for solar energy. However, some traders may see brighter times as the industry rallies.
The first pattern on today’s chart is the series of higher lows since early last year. Is a longer-term uptrend taking shape?
Second, the most recent trough occurred near the 200-day simple moving average (SMA). Its 50-day SMA is also above the 200-day SMA. Those are also potentially consistent with an upward trajectory.
Third, prices rallied after most of the quarterly reports. That may reflect optimism about its fundamentals.
NXT is a relatively new company whose systems keep panels pointed at the sun. It mostly serves large utility-scale projects and not residential installations. Its niche, which includes Array Technologies NASDAQ:ARRY , has recently strengthened as AI fuels power demand.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
TAP flushed on a good earnings beat into support LONGTAP appears to to have fallen into support on a good earnigns beat Perhaps traders were
expecting a better beat. It is now 15% below the resistance zone where shorts will take
positions and longs will sell- off. TAP has sales and consumer loyalty in its brands. It is
free of the controversies that had bogged BUD down. I see this as an opportunity to get a
decent stock at a discount. My target is 62 at the half way point has designated by the fib tool.
RIVN a trade from deeply undervalued LONGRIVN on a 60 minute chart with set of anchored VWAP lines appears to be finishing a double
bottom at the 8.5 level and making a move higher in a VWAP band breakout potnetially rising
to the mean anchored VWAP and beyond it into the upper bands. I will take a long trage here
with the targets in a textbox on the chart. I am interested in the action of the lesser EV stock
while TSLAs fundamentals are challenged by earnings constraints in the face of downward
pricing and whether discounting will stimulate demand or instead accelerate the path down as
investors may perceive the pricing scheme as a sign of weakness ( or even desperation).
COST: Technical Strength Ahead of EarningsMuch 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 producers and manufacturers and then use the Costco private label, Kirkland. The quality of the packaged food or clothing or other consumer product is the same, but with its ability to buy huge quantities, it has higher revenue growth after the pandemic that other stores would envy.
The stock needs to settle into a sideways or platform trend to pattern out some excessive pricing structure from last quarter. It reports May 30th and the trend implies that the report should meet or exceed estimates.
The previous Fundamental level is a Dark Pool Buy Zone, providing solid support. Pro traders followed that with a new pattern I call "the Nudge" which tends to lead upward momentum.