Sentiment Play Before Major Events (Past)Fundamentals & Sentiment
EUR:
- Recent economic data has been bullish, driving the euro up
GBP:
- Raised taxes - bearish in the short-term for the pound
- Recent bearish economic data
Technical & Other
Expectations
- after such a runup, the technical area is good for taking profits, especially before NFP on the same day and the US Elections next week.
Setup: S(B)
Setup timeframe: 1h
Trigger: 1h
Medium-term: Up
Long-term: Down
Min target: 50% of the upward move
Stop loss: 0.26%
Position size: 0.66 of the normal Risk Unit
Fundamental Analysis
FTT , FTX and SAM vs. CZPeter Brandt just post a head and shoulders pattern for FTT!! anyway...
in the hours before FTX secured rescue from Binance, it sought a bailout of more than $1 billion from Silicon Valley and Wall Street billionaires. By midday Tuesday the hole appeared far deeper closer to $5 billion to $6 billion. SBF wrote in a message to staff sent on Tuesday morning, “in the last 72 hours, we’ve had roughly $6b of net withdrawals from FTX”. Withdrawals at FTX are “effectively paused”, he wrote, adding that would be resolved in “the near future”
targets 5 , 4 , 3
Ripple | XRP is not a securityThe Southern District of New York concluded that Ripple’s Programmatic Sales and Other Distributions of XRP did not constitute the offer and sale of investment contracts.
But Ripple’s Institutional Sales of XRP constituted the unregistered offer and sale of investment contracts in violation of Section 5 of the Securities Act. Adam Cochran: First Judge did decide institutional sales/fundraising was securities. But the programmatic sale on exchanges didn't meet third prong of Howey. So sales to users via exchanges may be fine, as long as it was through orderbook and not ICO/IEO/Launchpad like things. Bounties, investments in others using XRP, grants using XRP, and transfers to execs in XRP not considered securities
The judge held that the XRP token itself is not a security, but the transactions and schemes around trading it need to discuss.
The Judge: "XRP, as a digital token, is not in and of itself a contract, transaction, or scheme that embodies the Howey requirements of an investment contract.Rather, the Court examines the totality of circumstances surrounding Defendants’ different transactions and schemes involving the sale and distribution of XRP.
ConsenSys lawyer Bill Hughes briefly explained the XRP court decision, saying that ultimately a jury will be needed to decide whether Ripple execs aided and abetted this unregistered issuance; the SEC is expected to appeal to the Second Circuit immediately.
BTCUSD BE SAFEPlease don't follow the hype train if you do not, I repeat DO NOT have money to lose do not take the risk, wait for a better entry point. You will risk it all zoom out and understand what you are getting yourself into. You can look easily look up chart patterns on google or bing or whatever. Do not risk it all take your profits now and wait for an obvious breakout weather its bullish or bearish. Just be patient and have discipline there are plenty of other cryptos that are moving where you can make some money. If you look up chart patterns on google, you will see that BTC is forming or formed a Bearish Rising Wedge. It will most likely go down from here even further. At least on the Daily chart. Again, not financial advice I am no expert or a professional just a simple observation.
Natural Gas Goldmine: Are You Ready to Take the Red Pill?Unlocking the Natural Gas Goldmine: Are You Ready to Take the Red Pill?
In the ever-shifting sands of the financial markets, the truth often lies buried beneath layers of noise and confusion. Today, we delve into the Commitment of Traders (COT) data, a powerful tool that reveals a compelling opportunity in the natural gas market. What if I told you that the signs are aligning for a potential rally? But heed this warning: This does not mean to blindly dive into long positions. Instead, we stand poised, awaiting the moment of a confirmed trend change on the daily timeframe—a moment that transforms potential into profit.
The Market Signals: A Gathering Storm
The data speaks volumes. Commercial traders, the real players in this game, are currently positioned at a major extreme in long holdings—the highest they’ve been in over three years. This is not mere coincidence; it’s a clear indication that something significant is brewing beneath the surface.
As we analyze the net open interest, we observe a phenomenon I like to call the “Bubble Up.” This surge occurs when Commercials outpace Large Speculators, and such dynamics often foreshadow market turning points. The whispers of a shift in power are growing louder, and it’s time to listen closely.
Furthermore, we cannot overlook the increasing open interest during this multi-week decline. But we must ask ourselves: Who is driving this increase? The answer is clear—commercial traders are loading up on long positions. This is a bullish sign, indicating confidence in a market reversal.
The Premium Charge: An Ominous Signal of Change
Adding another layer to our bullish thesis is the current premium charge in the market. We observe that the front months, extending out to April, are trading at a premium compared to later delivery months. This indicates a strong demand for immediate delivery—a sign that the market expects an uptick in prices.
But let us not forget the supplementary indicators that further bolster our long stance: the Price Oscillator Indicator Value (POIV), %R, and the Ultimate Oscillator are all aligning in favor of the bulls. They whisper of impending change, urging us to prepare.
The Seasonal Anomaly: A Moment of Reflection
Yet, as we pursue this truth, we encounter an obstacle. The traditional seasonal patterns suggest a decline until February, but the extreme positioning of commercial long traders casts doubt on this warning. Sometimes, the path to enlightenment requires us to look beyond conventional wisdom.
In this moment, we find ourselves at a crossroads. The insights we’ve gathered are akin to a revelation, a glimpse into the potential future of natural gas.
The Choice is Yours
Will you take the red pill and see how deep the rabbit hole goes? Embrace the knowledge, or remain in the shadows. The markets are waiting, and so is your potential.
Welcome to your awakening.
GBPUSD Bearish SellsGBPUSD Analysis 15M entry
We are currently active on our sniper sell after NFP Fridays news event.
Price is currently distributing and going into our NFP candle. I'm waiting for a reaction out of that zone and looking to take another sell and continue the downtrend.
I will be executing the sell limit IF price comes higher first and activates the sell.
Dollar DXY - Bullish ContinuationDollar Index / DXY Analysis :
-
Fridays NFP event dropped price and finished this week with signs of reversal to the upside.
Following price action we see a nice 4Hour Break Of Structure, indicating buying pressure.
This following week we will look for any retracements (Higher Low) to come back into our impulsive NFP candle (point of interest) and look for confirmations to take it higher and close above previous high.
Take the Red Pill: The EURO COT Long Play RevealedTake the Red Pill: The EURO Long Play Revealed
"Let me tell you why you're here. You're here because you know something. What you know, you can't explain, but you feel it." – Morpheus
Most traders move blindly through the markets, buying and selling on impulse, on what they think they know. But for those who understand how to read deeper signals, patterns begin to emerge—patterns that separate the merely active from the truly informed. Right now, if you're willing to look, Commitment of Traders (COT) data is showing us something intriguing about the EURO. This is your red pill: a glimpse into how those in the know see beyond the chart.
The Setup: A Commercial Long Play
Behind the scenes, commercials—the ones who have true skin in the game—have loaded up on longs, reaching a 26-week extreme in positioning. Not only that, but they're holding their longest exposure in three years, a sign that those with the best intel in the market believe in a coming shift. Meanwhile, the "small specs," often driven by emotion rather than insight, have gone nearly max-short. Historically, this group isn't just wrong; they’re almost predictably wrong.
The result? A textbook setup. But if you’re looking to take advantage, know this: jumping in without discipline is how people get burned. We wait for a confirmed trend change on the daily timeframe. Nothing less. Because only the disciplined get to see beyond the shadows and reap the rewards.
The Undervaluation: Gold, Treasuries, and the EURO’s True Position
If you look at the EURO in comparison to gold and treasuries, something stands out—it’s undervalued. This doesn’t show up in headlines or make for easy soundbites, but for those who know how to look, it’s a flashing signal. And there’s a seasonal edge, too: the EURO’s tendency to rally through mid-December. It’s another puzzle piece that, when added up with positioning extremes and market sentiment, paints a picture that only a few will truly grasp.
Supplementary Signals: Layers of Confirmation
For those still seeking confirmation, additional indicators are lining up: %R, Stochastic, and even bullish momentum divergence are signaling alignment. But understand this—the market doesn’t reward the impatient. We wait, observe, and move only when the trend change is confirmed on the daily chart.
The Truth Beneath the Surface
This is no ordinary trade idea. It’s a blueprint to help you see the hidden dynamics that move the market. Those who look only at surface price action may be blindsided by the moves yet to come. But for those willing to see beyond—those ready to know what the COT data, the fundamentals, and the seasonal tendencies are saying—this is a rare opportunity.
Now, if you’re ready to see what the rest don’t, follow Tradius Trades. You’ll be one of the few with eyes open, equipped to move with purpose.
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> "I didn’t say it would be easy, Neo. I just said it would be the truth."
BTCUSDT
1. General Trend
• The general trend on this 4-hour BTC/USDT chart appears bullish. The price has been making higher highs and higher lows, indicating strong upward momentum.
• The recent pullback may be a minor retracement, as the price is still above the major EMA lines, showing that buyers are still in control of the market.
2. Indicator Analysis
• EMAs (10, 50, and 200): The price is currently above all three EMAs. The EMA 10 (short-term trend) is above the EMA 50, and both are above the EMA 200, which generally signals a strong uptrend. This alignment is considered a “bullish EMA stack” and is a positive sign for buyers.
• SQZMOM (Squeeze Momentum Indicator): The SQZMOM indicator shows green bars, which confirms the bullish momentum. However, recent green bars are lighter, indicating a potential decrease in momentum. Traders should be cautious, as this could signal either a consolidation phase or a potential reversal.
3. Chart Pattern
• There seems to be an upward channel forming, where the price is following an ascending support line and testing resistance on the upper side.
• A potential breakout above the recent highs could lead to a continuation of the bullish trend.
4. Candlestick Pattern
• The latest candlestick shows some bearish pressure at the peak, suggesting that sellers are pushing back. This candlestick could signify a minor pullback, but unless further bearish patterns appear, it may not indicate a full reversal.
• Look for a bullish engulfing pattern or another strong bullish candlestick to confirm the continuation of the uptrend.
5. Fundamental Data and Impact
• Recent Market Fundamentals: Bitcoin prices are often influenced by news around interest rate decisions, economic data, regulatory developments, and adoption trends.
• Latest News Impact: According to recent market updates, factors like anticipated Bitcoin ETF approvals, central bank monetary policy, and institutional interest in Bitcoin have contributed to a bullish sentiment in the market. As always, keeping an eye on current economic data and crypto-related regulatory news is crucial, as any unexpected changes could affect Bitcoin’s price trajectory.
6. Future Market Prediction and Potential Trade Setup
Prediction:
• Bullish Scenario: If BTC/USDT can maintain support above the 50 EMA, we may see a continuation toward previous highs near 71,000 and potentially higher. A breakout above this level could open up targets near 73,000 or 75,000.
• Bearish Scenario: If BTC falls below the 50 EMA, a reversal may be underway, with the next support level near the 200 EMA or around 66,000.
Trade Setup:
Entry:
• Consider entering a long (buy) position if the price bounces off the EMA 50 or shows a bullish pattern near 69,500 to 69,700. Alternatively, enter on a confirmed breakout above the recent high (around 71,000) with strong volume.
Stop-Loss (SL):
• Place the stop-loss around 67,500, slightly below the EMA 50, to protect against a sudden downward move.
Take-Profit (TP):
1. TP1: Around 71,000 (previous high).
2. TP2: Around 73,000 (next resistance zone).
3. TP3: Around 75,000 (if bullish momentum is strong).
Risk Management:
Ensure risk-to-reward is at least 1:2 or 1:3 for optimal trade setup. Monitor closely for any bearish reversal patterns or changes in fundamental news, which could impact the trade.
Summary
In summary, the current BTC/USDT trend remains bullish, supported by technical indicators and EMA alignment. Entry near support or a breakout confirmation could provide good trade opportunities, with a cautious stop-loss and structured take-profit targets. As always, stay updated with fundamental news for any major shifts in sentiment.
XAUUSDperfect catch on 2757 as accepted i hope everyone is in profit this week, what i see for next week its a clear line on the 4h chart frame also video is out on youtube.
im loooking at continuestion short near 2700 or slightly more down to 2685 around, for a gold market to go more higher.
what are you all think can leave a comment below.
COT Red Pill: Canadian Dollar Primed for a Long The Red Pill of Trading: Illuminating the Canadian Dollar's Long Potential
In the vast and enigmatic expanse of the financial matrix, truths often lay hidden, obscured by layers of complexity and uncertainty. Today, I offer you an opportunity—an invitation to take the red pill and awaken to the profound insights that the market has to reveal. We turn our gaze to the Canadian Dollar (CAD), a currency poised for potential transformation, waiting for the discerning trader to recognize its worth.
The Commercials
Let us begin with the Commitment of Traders (COT) data, a powerful tool that unveils the positioning of the market's key players. The commercials—those seasoned entities whose knowledge and resources run deep—are currently positioned significantly long. Their holdings approach levels last seen in August 2024, a time of significance with extreme long positioning that heralded a remarkable four-week upswing in prices. This is no mere coincidence; it is a bullish signal, a whisper from the market that should not be ignored.
However, wisdom demands patience. To embark on this journey, we must first wait for a confirmed trend change entry trigger on the daily timeframe. The fundamentals are ripe for a rally, yet we must ensure our actions are grounded in calculated strategy rather than impulsive enthusiasm.
Open Interest: A Window into Market Dynamics
As we delve deeper into the market's secrets, we uncover the insights offered by open interest analysis. During the recent multi-week downtrend, we have witnessed a spike in open interest—a phenomenon that warrants our attention. Here, we must pose a critical question: who is driving this increase?
in this case it is the commercials, accumulating long positions and enhancing their stake, we find ourselves looking at a robust bullish indicator. The increase in open interest driven by those with intimate market knowledge signifies a potential shift in the market’s direction. This insight is a crucial key to unlocking the doors of opportunity.
The Contrarian’s Edge
But the revelations do not end there. Investment advisor sentiment has plummeted to bearish extremes, a classic contrarian signal that savvy traders know to watch. As the masses succumb to pessimism, history has shown us time and again that opportunity often lies in the shadows of despair.
The WillVal indicator further illuminates our path, revealing that the Canadian Dollar is currently undervalued compared to Gold and Treasuries. This mispricing signals an impending revaluation—a chance for the discerning trader to seize the moment. Seasonal trends indicate that we should anticipate price movements upward as we approach January, and the positioning of small speculators(the usually wrong public)—excessively short—presents yet another contrarian opportunity, one that the wise trader can capitalize on.
The Choice Before You
You now stand at a significant juncture, a crossroads where knowledge and opportunity intersect. The insights I have shared are akin to taking the red pill—a revelation that exposes the true nature of the market, laying bare the possibilities that await those willing to see.
As you contemplate your next move, remember that successful trading is not about surrendering to the whims of the crowd but about embracing the hidden truths that lie beneath the surface.
Join me on this journey into the unknown. Follow Tradius Trades, where we dissect the intricate patterns of the market and equip you with the insights necessary to navigate this complex landscape. The truth is out there, and together, we can unveil the secrets of trading with clarity and conviction. Choose wisely, for the matrix of opportunity awaits your command.
GOLD prices fall under the weight of yields and exchange ratesWorld gold prices fell in the trading session on Friday (November 1) under pressure from rising US Treasury bond yields and the USD exchange rate. However, the need to hedge risks ahead of the US presidential election next week helps limit the decline in gold prices.
At closing, the spot price of gold in the New York market decreased by 7.9 USD/oz compared to the closing level of the previous session, equivalent to a decrease of 0.29%, to 2,736.5 USD/oz - according to data from the exchange.
World gold prices decreased by 0.44% this week. On Thursday, spot gold prices set an all-time record at more than 2,790 USD/oz.
The main source of downward pressure on gold prices this week is the increasing trend of US Treasury bond yields and the USD exchange rate.
The 10-year US Treasury bond yield increased nearly 10 basis points on Friday, reaching 4.382%, the highest in the past 4 months - according to data from CNBC news agency.
Yields increased due to falling bond prices as investors strongly sold US Treasury bonds ahead of the US presidential election next Tuesday. The reason leading to investors selling US debt is concerns about the increasing federal budget deficit whether Mr. Donald Trump or Ms. Kamala Harris are elected.
The Dollar Index, which measures the strength of the USD against a basket of six other major currencies, increased 0.33%, closing Friday's session at 104.32 points - according to data from MarketWatch. This week, the index increased by 0.06%, bringing the total increase in the past month to 1.75%.
The USD is increasing in value because this currency is also promoting its role as a safe investment channel in the context of the approaching US election.
AMD’s Earnings Stumble | A Golden Opportunity for Investors?Post Earnings Dip, Is AMD ready for a 2025 Comeback?
Shares of Advanced Micro Devices dropped over 10% after releasing its third quarter FY2024 earnings report, which fell short of investors’ expectations. Although the results were not poor, the market had high hopes given AMD's premium stock valuation. The company did surpass revenue projections, but its non GAAP EPS matched market expectations plus the midpoint of its fourth-quarter revenue forecast slightly missed estimates.
In my prior analysis, I upgraded AMD from a sell to a buy after a 20% dip, which realigned market expectations. Since that upgrade, the stock has climbed 15%, outperforming the S&P 500 Index by 9%. The recent earnings-driven decline has brought AMD's stock price close to my previously mentioned level.
While the gaming segment saw a sharper decline in revenue in 3Q, the Data Center GPU division continued to exhibit strong growth, boosting overall revenue growth and improving margins. I believe AMD is still in a strong position to further accelerate revenue growth and margin expansion in the fourth quarter and beyond. As a result, I see the post-earnings dip as a buying opportunity and maintain my buy rating on the stock, supported by its anticipated growth phase justifying its premium valuation.
For 4Q FY2024, AMD projects 21.6% YoY revenue growth at the midpoint of its guidance, with a $300 million potential variance. This growth is expected to be driven by continued expansion in Data Center GPUs. Although the midpoint guidance is slightly below market consensus, I believe AMD could exceed this number, given its track record. My estimate suggests a 24% YoY revenue increase, or $150 million above the midpoint.
3Q EPS Analysis Shows Margin Pressure
AMD has shown consistent margin improvement since 4Q FY2023, though the pace in 3Q didn't meet expectations. EPS aligned with estimates despite revenue exceeding forecasts, indicating margin challenges. Non-GAAP gross margin rose by 50 bps sequentially, while non-GAAP EBIT margin showed strong improvement, rising by 350 bps QoQ.
AMD forecasts a 4Q non-GAAP gross margin of 54% and operating expenses of $2.05 billion, driven by a favorable mix from its Data Center segment, which now represents 52% of total revenue. Management noted that gross margins in the Data Center segment are below the company average, focusing on customer needs and market growth for future gains. This contrasts with NVIDIA (NVDA), which reportedly has higher Data Center margins, though specific figures are not disclosed.
With a 4Q revenue consensus at $7.65 billion, AMD projects a non-GAAP EBIT margin of 27.2%, suggesting an additional 200 bps sequential increase. The company appears well-positioned for both revenue growth and margin improvement, despite its valuation declining after the recent stock pullback.
4Q EPS Outlook Signals Continued Growth
Although 3Q non-GAAP EPS met expectations, AMD’s growth accelerated from 18.1% YoY in 2Q to 32% in 3Q. However, the selloff post-earnings implies that investors anticipated even higher growth. Based on 4Q guidance, I estimate AMD’s non-GAAP EPS at $1.10, marking a 44% YoY increase.
AMD's FCF profile also improved, generating $496 million in 3Q, a 13% QoQ increase despite a one-time acquisition-related expense of $123 million. Higher capital expenditures are expected in FY2025 to support MI300 growth and maintain momentum.
Market Expectations and Valuation Impacts
Before the 10% post 3Q selloff, AMD’s EV/EBITDA TTM was higher than NVIDIA’s, but they are now on par, despite AMD’s margins and growth trailing NVIDIA's. AMD’s non-GAAP EV/EBITDA forward multiple is 46.3x, compared to NVIDIA’s 42.6x, and its forward P/E ratio is 50.4x, 17% above its 5-year average and higher than NVIDIA’s 49.7x.
While AMD's premium valuation can be justified given its growth acceleration, NVIDIA’s triple-digit EPS growth is not expected to continue. Moreover, NVIDIA’s gross margin recently declined, reinforcing the case for AMD’s valuation as it expands its growth in FY2025.
AMD’s stock has retraced to a 0% YTD return due to margin concerns and underperformance in Gaming and Embedded segments, though the latter is gradually recovering. However, the company’s strong Data Center gains and continued margin expansion indicate a solid growth phase. The recent selloff has recalibrated market expectations, and with ongoing AI-driven demand, AMD’s growth is likely to extend into FY2025, making the pullback an attractive buying opportunity.
What you think, Are you Moonish on AMD?
Is hydrogen the way forward, or is it too light-weighted?CAPITALCOM:NEL is in a clear downtrend, trading below both the 50-day and 21-day EMA. MACD is near neutral indicating a lack of buying pressure. RSI is around 41 which tells us the stock is not oversold, but also lacks upward momentum. There is resistance at $4.7 and $5.6 (red lines) and support can be found at $3.85 (green line).
There are also some fundamentals indicating future price development. There is growth in revenue from Q3 2023, primarily from the alkaline segment, which also showed improved margins. On the flip side there is a 52% drop in order intake and a backlog decrease of 20%. This elevates uncertainty and risk of delays. Revenues from PEM Electrolyser dropped 40%, with low project deliveries. Fixed costs also weigh on profitability, particularly if demand does not rebound soon. Cash flow from operations is negative.
NEL has been struggling for some time, and the hardship is not over. In my opinion the support will be broken and once that happens there is no floor. My target is just above the psychological £3 and my SL would be somewhere around $5.
Another update to existing positionAnother update not live call out, so focus on management.
First Fundamental reasoning.
1. Monetary Policy Divergence
- **Federal Reserve**: The Fed remains relatively hawkish, prioritising high rates to control inflation. The strength of the U.S. economy has allowed the Fed to maintain or potentially even raise rates further, enhancing USD’s appeal compared to currencies from countries with more accommodative policies.
-Reserve Bank of Australia : The RBA has adopted a more cautious approach, recently pausing on rate hikes due to concerns about slowing domestic growth and the impact of high rates on household debt. This divergence between the Fed's high-rate policy and the RBA’s reluctance to hike makes the AUD less attractive against the USD.
2. Economic Data Disparities
The U.S. economy continues to show resilience, with strong employment data and steady consumer spending supporting USD strength. As economic fundamentals remain solid, investor confidence in USD assets is sustained, putting further pressure on AUD/USD.
Australia’s economic indicators suggest a slowdown, particularly in consumer spending and business confidence. With inflation showing signs of moderating and wage growth remaining contained, the RBA has limited scope to increase rates without risking a significant economic slowdown. This weakens the AUD as it signals limited support from domestic fundamentals.
3. Commodity Demand and China’s Economic Slowdown. Australia’s economy is heavily reliant on commodity exports, particularly to China. With China’s growth decelerating amid property sector challenges and lower global demand, the demand for Australian exports such as iron ore and coal has weakened, exerting downward pressure on the AUD.
Commodity Price Vulnerability. The slowing Chinese economy not only reduces demand for Australian commodities but also adds to the AUD’s vulnerability given its correlation with global commodity cycles.
4. Risk Sentiment and Safe Haven Flows
Global Risk Aversion. In periods of increased risk aversion, such as recent geopolitical tensions and global economic uncertainties, the USD is favored over the AUD due to its status as a safe-haven currency. The AUD, being a risk-sensitive currency, tends to underperform against the USD during such times.
5. Market Sentiment and Positioning
Bearish Positioning on AUD Current market sentiment shows a bearish bias toward AUD/USD, reflecting global investors’ preference for the USD amid broader economic concerns. Sentiment indicators and COT data also show increasing short positions on the AUD, further justifying a short position.
Technical analysis, my confidence rank was still mid 80s, LTF did have good bear strength display plus the overall Dollar strength justified early entry.
This week conclusion on technical side confidence above 90% so it is with the fundamentals.
Updates will follow as the next events unfold
Just an update of USDJPY LongBecause I decided to publish my "moves" now, there are positions that are live and developed further from entries. Im just trying to show my approach my reasoning and management.
As for technical analysis goes. We had a break down of JPY strength With alot of LTF warnings but now even the daily gave us BOS. With this my confidance rank closed above 90% confirmig confluence with fundemental analysis and I took a long position.
For the fundamental analysis the long USDJPY position is fundamentally supported by the policy divergence between the Fed and BoJ, stronger U.S. economic data, yield differentials favoring the USD, and the USD’s relative safe-haven appeal. If the BoJ maintains its accommodative policies and the Fed stays hawkish, USD/JPY could see further upside.
so the update, technical analysis, yesterdays bear close did warn us, but thats pretty much it, one signal is just that a signal and nothing more, decisions to actually act need to be derived with confluence and proof.
Fundamentals still support the Long position and so does the chart.
Copilot to elevate MSFT, or will attached price tag be a drag?NASDAQ:MSFT took a hit following the release of the earnings report this week and is now trading just off the bottom of a channel it has been in since August. Price has been in a kind of consolidation mode on the lower time frames since the release. On the daily chart, we see that red days have relatively high-volume spikes, the MACD has turned negative, and RSI is nearing oversold levels. The fact that price has not continued to drop following the initial post-earnings drop, indicates it might stabilize at this level. My hunch is that it will consolidate and maybe approach the lower band of the channel, and then start climbing. There is some pressure on tech stocks at the moment, and there is an election next week, so might be a bit of rough sailing ahead. My gut tells me MSFT will bounce back, and I am long. As for target I would set my eyes on the upper band of the channel and consider a breach to the downside of the channel as a red flag.
To quote ChatGPT:
To provide a well-rounded summary of Microsoft's latest earnings report, I would highlight:
1. Revenue Growth : Microsoft reported notable revenue increases, driven by its cloud and AI segments.
2. Azure's Performance : Strong growth in Azure and AI services reinforces Microsoft's competitiveness in the cloud space, a vital area given current industry trends.
3. AI Investment : Increased spending on AI research and development reflects the company’s focus on leveraging AI as a growth driver.
These elements can positively impact Microsoft’s outlook, appealing to investors prioritizing innovation and digital transformation.
NATURAL GAS BULLISHA great level to take entry for a bullish breakout as winter is ahead for the northern hemisphere, and the constant geopolitical conflicts are creating an environment for very bullish moves in commodities. I think that in the next 6 months, Natural gas futures will reach easily the 6.5$ level.
Will Kasia stay in the support zone?Hello everyone, let's take a look at the Kaspa chart in USDT pair, taking into account the time frame of one day. you can see here how the price has returned to the very important support zone from $0.177 to $0.0931, this is a very important zone because it is the last place of support before a strong price drop.
You can see here how the price is struggling to maintain the level in the triangle, from which we can see candles that are trying to pay off the triangle with the bottom, then the last support line is visible.
Looking the other way, when the price starts to rise again, first of all you can see the resistance at the level of $0.144, then the level at the price of $0.168 will be important, and then the very important resistance at the price of $0.208, which previously turned out to be the price peak.