S&P 500 Daily Chart Analysis For Week of April 5, 2024Technical Analysis and Outlook:
The S&P 500 index experienced a severe drop below our Mean Sup 5203; however, the market rebounded swiftly and returned to an active crime scene. The current upward trend indicates that it will reach the target of Key Res 5260 and, subsequently, Outer Index Rally 5280, the long-awaited target. On the downside, Spooz may revisit the newly created Mean Support level of 5150, which is expected to act as a launching point to reignite its bullish trend.
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EUR/USD Daily Chart Analysis For Week of April 5, 2024Technical Analysis and Outlook:
The Eurodollar has broken through our Mean Support level of 1.077 and has quickly risen to hover around the Mean Resistance level of 1.084. This momentum is expected to generate further selling pressure, resulting in a decline to the Mean Support level of 1.074. Ultimately, the Eurodollar is expected to reach an Inner Currency Dip of 1.065. However, it is essential to note that an intermediate fluctuation at the Mean Resistance level of 1.084 may require action.
Bitcoin(BTC/USD) Daily Chart Analysis For Week of April 5, 2024Technical Analysis and Outlook:
In this week's price action, Bitcoin rapidly moved towards a Mean Support level of 66700 and, in the process, established a new Mean Support level of 65600. This new level is being used as a base to ignite the bullish trend further. Currently, the market is experiencing consolidation, with the expectation of moving toward reaching the Key Resistance level of 73200 and beyond. However, a potential decline may occur, resulting in Bitcoin falling to the Mean Support level of 65600.
Wheaton (WPM): Is 88 CAD the Next Stop?Due to the significant rise in gold prices, our primary scenario for Wheaton Precious Metals has been invalidated, and we've recharted the entire course for you. We now believe what we're witnessing could be a potential Wave 5 of Wave (3), meaning we're in the overarching Wave (3). This wave should reach at least 88 Canadian dollars, stretching potentially above 250, which of course will largely depend on how the gold price performs. We consider the Wave 4 to have concluded at the low of 39 Canadian dollars, and we're now in a Wave ((iii)), with Wave ((ii)) having concluded at just about 52 Canadian dollars. We anticipate a possible short rise to then develop a subordinate Wave (ii), which likely will see the high at 71.39 CAD acting as a strong resistance, and we might witness a relatively short downtrend for our Wave (ii), where we'll place new entries. We'll let you know as soon as we place a limit order.
EURUSDGood morning!
Daily review of EURUSD: After yesterday's corrective movement in the long direction (I remind you that on higher timeframes we continue to be in a short context on the daily timeframe). In the New York session, we witnessed a breakdown of the market structure into a short context. My intraday target is the minimum formed during the Asian session.
Bitcoin Counter WickoffEverything is in Graph. if you don't know about Wickoff Strategy, i invite you to DYOR it.
- i will try to explain you how to counter Whales/institutionals as small retails investors
- of course this method can be adjusted with your portofolio, i just made it very simple to make peoples understand how to invest wisely.
- This Chart is based on the Money you don't need for living!
- if you use this method correctly and adapt it to your portofolio, you will always restart a new cycle with more money.
- if you look at the chart closely, you will understand that i didn't use higher points to take profits and keep always 10,000$ in Market, so this chart is based on human mistakes and not much greed.
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- in this method we starts with 10,000$ invest as exemple.
- Take profits 2 Times, keep base investment in market ( because we don't know the real potential Top ).
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- The Second Phase is waiting for the Dip and buying back
- Re-inject Money 3 Times in the Dip and Wait for market recovery phase ( because we don't know the real potential Bottom )
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- if the bottom was a mistake and BTC fall down more.
- just invest slowly what you don't need for living and be patient, BTC is fundamentally poised to go up.
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- This method can be done with 10$ - 100$ - 1000$, no matter money because everything is based % invest and Time.
- Remember that your management is the most important, if you don't manage your money correctly, Tears will come.
"You have to believe that you are the one who creates your success and also that you are the one who creates your mediocrity".
Happy Tr4Ding !
$POLY - everything shows that time has comeIndicators shows - MOEX:POLY is ready to start moving upstairs. Oversold instrument will lure investors' money.
2. Two crossing channels - main downward and local upward. Both for now stays higher, than an actual price. It should return back to any channel and continue moving inside till the top board of one only or both. Two channels and levels inside will be magnetized for the line.
3. Creating reversed double bottom pattern will be one more fundamental issue to warm an interest.
4. Good potential for the growth for 2 years (x4).
The company shared information recently that the current owner is going to sell 100% of the nearest time. Stay careful and be attentive in any decisions.
$MVID can show one more step to topMOEX:MVID shows readiness to move up to 250 for a while before it will move further.
Does not constitute a recommendation.
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Long term Investment Idea | Sharda Crop | 100% Upside Potential Long term Investment Idea | NSE:SHARDACROP | 100% Upside Potential
✅ Sharda Cropchem CMP - Rs 333
✅ Promoter holding 74.8 %
✅ Company is almost debt free.
✅ Good sales growth over 3-5 years.
✅ Company has good capex and global presence
The negative profit growth observed in companies like UPL, MOL, and Deepak Fertilizers suggests a broader sectoral trend, as similar trends in sales and OPM are evident across all agrochemical stocks.
Valuation is attractive and good to buy/accumulate for Mid to Long term gain from CMP
✅ Add more at Rs 320-300.
The sector is out of flavour and can provide a good contra bet. If good monsoon can further help in earnings.
Targets as per chart drawings.
Thanks
$ZYME - good potential in this yearNASDAQ:ZYME confirmed a line of support and is going to show 100% of growth in this year.
Does not constitute a recommendation.
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$OGI - 9-years forecast for the company sharesSo funny and amazing, when you had prepared a long-term vision for a company just 2 days ago, but did not published for a while, and purely by chance get notices, that this company has grown today for almost 250% in some hours.
So, nevertheless, this only confirmed, that signals, which were seen are correct and I still can publish my forecast for almost 10 years ahead.
I see a huge divergence on 1w timerange and NASDAQ:OGI was able to accumulate a huge potential for the future ascending motion. Being on the bottom and turning around, it has an energy to show perfect plus even from the current values. Of cause, after so enormous jump today, we will observe some kind of correction, but for investors this fact can't be a problem.
Good company, fields of the future with a possible nice results.
I believe, it will keep on moving to the top.
Goal number 1 for 1 year is 4.5
Does not constitute a recommendation.
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$NVDA definitely will show a long. Depending on scenario, NASDAQ:NVDA will face continuing growing moving. Last years it was showing perfect results in the business raising as well as in the fields of finance outcomes.
My expectations, that we can take about 100% during nearest year.
Does not constitute a recommendation.
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$SWN will show an awesome show in 2 yearsSharp chart cup with handle on 1W time range. NYSE:SWN for now near the historical bottom. My expectation, that we will face a good rally during the nearest years with a perfect benefits.
NYSE:SWN ::5->25::+400%::Jun 2025
Does not constitute a recommendation
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