Growth
INDO COUNT technical breakout on weekly chart A breakout on weekly chart denotes strength it suggest the CONTINUATION IN THE CURRENT MOVE
if one refer the charts ,
as shown by arrows , volume witnessed a great rise and price followed a strong move along with the same
THE stock likely to show higher areas
its trading well above key average areas and with strength in RSI
support at 310-290 zones and with stop below these CAN test 370-400 in 6 months
RIVN guides itself lower- but is it a dip buy? SHORTRIVN spends more to produce of its nice truck than it sells them for. This is a recipe for a
disaster which is now baking in the oven Earnings have plummeted. If guidance was better
than realities forecast there might be a dip buy here. i have a variety of positions shorting
RIVN when it runs a countertrend correction I will take a hedging long position until the
correction is over. I use these shorts to balance my portfolio against risk from an overall
falling market. Balanced in short vs long positions dollar for dollar and in the options
balanced in expiration times spread across the next almost two years. I find this keeps
the portfolio safe. I also look to LCID for a similar scenario while having a bullish bias on
WKHS. NKLA is a whole 'nother story. SHORT RIVN do not dip buy .
The chart is what you might expect. The disaster is what it is. This is basically a falling wedge
and no where near impending a breakout upside.
LEARN THE MOST IMPORTANT FOREX FUNDAMENTALS 📰
Even though I am a pure technician and I rely only on technical analysis when I trade, we can not deny the fact that fundamentals are the main driver of the financial markets.
In this post, we will discuss the most important fundamentals that affect forex market.
You can check coming fundamental news on TradingView in the economic calendar.
The calendar button on the right side will display the coming news.
Click "only high importance" button and the system will display only the most important news.
Here are the most important fundamental releases that you should pay close attention to:
📍Unemployment rate.
Unemployment rate reflects the percentage of people without a job in a selected country or region.
Rising unemployment rate usually signifies an unhealthy state of the economy and negatively affects the currency strength.
📍Housing prices.
Housing prices reflect people's demand for housing. Rising rate reflects a healthy state of the economy, strengthening purchasing power of the individuals and their confidence in the future.
Growing demand for housing is considered to be one of the most important drivers in the economy.
📍Inflation.
Inflation reflects the purchasing power of a currency.
It is usually measured by evaluation of the price of the selected basket of goods or services over some period.
High inflation is usually the primary indicator of the weakness of the currency and the unhealthy state of the economy.
📍Monetary policy.
Monetary policy is the actions of central banks related to money supply in the economy.
There are two main levers: interests rates and bank reserve requirements.
Higher interest rates suppress the economy, making the currency stronger. Lower interests rates increase the money supply, making the economy grow but devaluing the national currency.
📍Political discourse.
Political discourse is the social, economical and geopolitical policies of the national government.
Political ideology determines the set of priorities for the ruling party that directly impacts the state of the economy.
📍Payrolls and earnings.
Payroll reports reflect the dynamic of the creation of new jobs by the economy, while average earnings show the increase or decrease of the earnings of the individuals.
Growing earnings and payrolls positively affect the value of a national currency and signify the expansion of the economy.
Pay closes attention to these fundamentals and monitor how the market reacts to that data.
What fundamentals do you consider to be the most important?
❤️Please, support my work with like, thank you!❤️
MATICUSDTHi guys
I consider the above scenario valid only under the condition of maintaining the support range of $0.6884.
Be careful, we have network upgrade for February 6.
What do you think?
BTTR, a penny stock selling pet food LONGBTTR is up almost 30% since acquiring a Canadian company on Feb 9th. The news catalyst
illustrates a momentum in growth. On the chart, since an excellent report in November,
price ascended into a double top in late November and mid December then fell until
the news catalyst on Friday the 9th. Another report is soon coming. I see BTTR as a volatile
penny stock is now set up for a long trade. I have marked in horizontal black some targets from
looking to the left. Equally weighing all three targets, the profit potential is 25% in the near
term while the last target is about 35%. BTTR is poised below the mean VWAP line and appears
ready to continue its VWAP breakout from 2/9 moving upward while crossing the first lower
anchored VWAP line. I expect the price to ultimately aim for the second upper VWAP line and
hit my last target just below that line representing the base of the double top last winter.
my last target
SPX 🗝Diversify YOUR Portfolio: EVERYONE Needs to Know❕📉Hi Traders, Investors and Speculators of Charts📈
HAVE YOU EVER CONSIDERED DIVERSIFYING YOUR PORTFOLIO?
Given the high risk nature of trading, having a finger in every pie is a good idea. Stocks generally are less volatile than crypto, and index funds are a great way to gain exposure to a variety of top notch stocks.
If you have ever wondered about trading stonks, today's update is for YOU. Cryptocurrencies are the largest part of our focus, but that doesn't mean we don't consider other markets such as forex, commodities and stocks. So today, let's take a look at the SPX / S&P 500.
Index investing, especially in the S&P 500, streamlines stock market engagement. Investing here means tapping into America's corporate giants, offering long-term returns and simplicity, often outperforming active stock picking. Since 1957, the S&P 500 has offered a global economic snapshot, including key international corporations. Its careful selection process reflects market trends, focusing on criteria like market cap and liquidity.
The top 4 stocks in the SPX by weight are :
1) Microsoft Corporation / NASDAQ:MSFT
2) Apple Inc. / $AAPLE
3) Nvidia Corp / NASDAQ:NVDA
4) Amazon.com Inc. / NASDAQ:AMZN
# Company Portfolio%
1 Microsoft Corp 7.14%
2 Apple Inc. 6.36%
3 Nvidia Corp 4.24%
4 Amazon.com Inc 3.65%
To put it into perspective, the last 4 stocks are:
500) NASDAQ:NWL / Newell Brands Inc. Producer Manufacturing
501) NYSE:DXC / DXC Technology Company Technology Services
502) NYSE:AAP / Advance Auto Parts Inc. Retail Trade
503) NYSE:TPR / Tapestry, Inc. Retail Trade / with a market cap of 4,017,225,400
(There are actually 503 stocks in the S&P500).
From the above, we can clearly conclude that what happens in those top 4 markets, holds quite a lot more weight than the rest. This should give you a clue which ones to look at if you want to invest in additional stocks and not necessarily a fund.
To correctly identify the macro phase is to have power - this will eliminate fear and greed, and cancel out the noise you hear from news and "influencers". Looking at SPX from a monthly perspective, we can clearly identify a strong bullish trend as the market loses makes what seems to be UP ONLY and keeps on making higher highs.
By using the S&P 500 or the AMEX:VTI , you can more easily spot the macro trend of the stock market, and which way MOST of the stocks will go, especially the top few.
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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SPY- Open Put Options to Hedge Long Stocks SHORTSPY on the 15-minute chart seems to have hit a pivot high. With a variety of long positions,
I need some insurance against a bull trap or even a black swan event in geopolitics. It seems
SPY puts would fulfill the purpose. Out of the money below the current price seems
opportunistic. Accordingly, I will take a handful of put options that expire at the mid- March
monthly 1% below current price. If the market is healthy these will drop in value especially
with time decay. They will serve as insurance. On the other hand if the market gets a cold
or worse a bad case of COVID, these will partially offset any losses while managing positions.
XRP: Chris Larsen Wallet Hack... or STAGED Dump?📉Hi Traders, Investors and Speculators of Charts📈
Yesterday, news came out that a huge XRP wallet has been hacked, stealing $112 million worth of XRP. According to information currently available, the hack was as a result of compromised security keys. It turned out to be the wallet of none other than tech-giant Chris Larsen, Ripple Co-founder. (suspicious already?🤔 let's dive in...)
One of many strange incidents surrounding this hack is that it was discovered by a Twitter user and popular blockchain security expert ZachXBT. I imagined that one would notice if your personal accounting holding 9 digits of XRP worth $112 million got hacked, but apparently not. It took ZachXBT a public Twitter post to make the apparently unaware team at Ripple take action. This makes you wonder, if ZachXBT didn't pick it up... would this have gone unnoticed and been swept under the rug, or would Chris Larsen have come out and admitted it? I guess we'll never know. But with Ripple's dodgy actions in the past (ultimately leading to the SEC case), one can only guess.
Not too long ago, Jed McCaleb finally sold off the last of his enormous amount of XRP which he had been dumping monthly for years. One Twitter user voiced a very valid concern; "are all Ripple execs holding 9 digits of xrp, is there something in place to prevent them from dumping all at once on the market?"
It just seems like despite the markets best bullish trends, the constant overwhelming selling pressure is just too high for XRP to reach new highs. It's sad to see such a industry leader and once-promising project fall to new lows.
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API3USD 📈 Long IdeaAPI3 gained the powerful momentum and the price going inside the increasing channel. When it breaks the triangle, the possibility of going higher to the 4.50 USD point is inevitable.
If the price goes down the lower trend line and retests successfully, the it will go down to the previous support level at least.
Lets see what happens, good luck for all! 🙌🏽❤📈
#crytp #btc #analysis #api3 #usd
Doge1 was used to pay for NovaC,But it seems Doge is not onboardDoge-1 Coin was used to pay for NovaC project. NovaC is going to the Moon in less than half an hour, but right now, at the moment of launch time, a few personnel told that the DogeCoin itself is not loaded onboard for journey to the Moon...
TSLA beginning another leg down SHORTOn the 15-minute chart, TSLA has been in a downtrend and for about one week, a correction
has been underway. Based on a Fibonacci analysis of the downtrend and and its retracement,
I do not believe that TSLA will breakthrough the fib level zone. The zero-lag MACD is showing
bearish divergence from the price action. In that consideration, I have held my put options
through this correction suffering unrealized losses but now look forward to another leg down.
Musk's recent court ruling nullifying his compensation package in federal court lends a bearish
perspective as does his distractions with the brain implant company which now has its first
patient ( FDA approved) and of course the space and tunnel companies. ( Autism and ADHD
can be a blessing and a curse at the same time - IMO) I am long LCID given its Saudi Arabian
support and growing production schedules supported by the SA plant. For now I am content
to short TSLA until the Meusk drama settles down and the watch to see if price lowering will
expand demand numbers et cetera.
Unveiling the Golden Opportunity: Why XAUUSD/Gold is My FavoriteJoin me on an immersive journey as I delve into the unparalleled allure of trading XAUUSD/Gold. In this comprehensive exploration, I'll unravel the intricacies of trading gold, from its status as a timeless safe-haven asset to its remarkable resilience in the face of market volatility. Delve deeper into the historical significance of gold, its correlation with global economic trends, and the unique opportunities it presents to traders. Through expert analysis and insightful commentary, I'll showcase why XAUUSD/Gold remains my preferred pair for unlocking consistent profits and navigating the ever-evolving landscape of financial markets. Buckle up and discover the golden secrets to trading success with me.
USDX 📈 Long Until March (at least)As the United States Dollar index is in growing channel, it has to retest the lower trend line and go up. However, the index is in very dense volume point, which means buyers and sellers are not exact about their decision or the next movement of the index.
If this liquidity zone is broken up successfully, then we have to wait the index reach it's 2 month maximum point. Yet the news about USD in today's meeting will affect its index, if the news are worse than the forecast, the point of that USD index will fall is lower trendline I hope.
I expect, personally, USDX go up or keep still until the end of March 📈
Let's see what happens.
Good Luck for All 🙌🏽😎❤
#USD #index #Fed
ZBH a medical device company falls on earnings beat LONGZBH is a big global medical device company. It is old school. Aluminum titanium polymers, plates screws wires. Hollywood stars are familiar as it makes the devices for leg lengthening surgery. ( shortening is easy, lengthening not so much) I am familiar because in the past I have served as a consultant for this company. It business is mainly orthopedic elective surgery in supporting orthopedic surgeons serving their patients spine straightening to braces for after a neck fracture.
Not a surprise but a lot of surgeries were put off during Covid. So much that the catching up is still ongoing. This is part of the reason why healthcare and the medical technology sectors are expected to be among the hottest of 2024.
So much for fundamentals, the technical analysis support for a long trade is commented on the chart. On it you can see the trend since the last earnings. ZBH reported Thursday, January 7th.
with an earnings beat and a dip in preparation for a possible rip. The lunch hour of Thursday's session would be the next best time while another time is when you find another dip after you
have read this.
Want to trade and hedge your trade? Just take a trade in SYK and let them have a race. Cut the underperformer and use the proceeds to get more of the other. It's a very simple plan.
Want a broad trade in medical technology? Take a look at XBI or leveraged LABU.