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Prakash Pipes Strong Bullish momentumWeekly timeframe has broken out of a 2 year long consolidation period, it shows a flag and pole pattern breakout at Weekly R1. Also note that the consolidation and bounce that has happened is at Fib 38.2%, hence expect strong bullish momentum to continue. Hence looking for huge upside potential in the Mid to Long term, for a short term can look for the black lines marked in the weekly timeframe. Demand levels marked in the 75 min time frame.
NSE:PPLLong
by Rugminik
Next week prediction for USD/CADThe USD/CAD currency pair, often referred to as the "Loonie", appears to be on an upward trajectory recently. Several factors contribute to this positive momentum for the US dollar against the Canadian counterpart. Here are the primary drivers behind the bullish outlook: Oil Price Dynamics: CAD is closely linked to crude oil prices, given Canada's significant oil exports. If oil prices face a downturn, the Canadian dollar typically weakens, boosting the USD/CAD. Monetary Policy Divergence: The Federal Reserve's stance and its potential hawkish turns can lend strength to the USD. In contrast, if the Bank of Canada (BoC) maintains a more dovish tone or signals any delays in rate hikes, it could further widen the policy divergence, pushing the USD/CAD higher. Economic Indicators: Recent US economic data has been promising, with employment numbers, GDP growth, and consumer confidence indicating robustness in the US economy. Favorable data can bolster the USD, driving up the pair. Trade Balances: Canada's trade balance, vis-a-vis its exports and imports, can significantly influence the CAD. Any disruptions or deficits can contribute to CAD's weakness, favoring a rising USD/CAD. Technical Outlook: On the charts, USD/CAD might be exhibiting bullish patterns or breaking key resistance levels, which can attract technical traders and further support the bullish momentum. Geopolitical Considerations: Any geopolitical tensions or uncertainties can lead investors towards the safety of the US dollar. As a safe-haven currency, the USD tends to benefit in times of global instability. Market Sentiment: The overall mood of traders and their perceptions based on news, reports, or global happenings can swing the pair. If the sentiment leans towards a stronger USD, it naturally drives the USD/CAD upwards. In conclusion, the USD/CAD pair seems to be showing signs of an uptrend, influenced by both fundamental and technical factors. While the momentum is currently on the upside, traders and investors are reminded to keep abreast of ongoing global and economic developments and exercise due diligence before making trading decisions.
by mazayafx
S&P 500 Daily Chart Analysis For Week of August 4, 2023Technical Analysis and Outlook: The Spooz index experienced a significant drop as a result of the Inner Index Rally 4590 reaching completion last and this week's trading session, respectively. This caused our Mean Sup 4534 and 4507 to be eliminated. It seems likely that the index will continue to decline, potentially reaching our next Mean Sup 4403 and even Mean Sup 4330. However, it's important to note that there could be a Reignited Rally Resumption at the solid and strategic Mean Sup 4403 level, as this week's trading has been heavily oversold.
SP:SPX
by TradeSelecter
$VMEO service has a huge potentialNASDAQ:VMEO is a perfect service with an excellent quality of content. Nowadays reveals us an usual state of the competitive companies and shares, which made a decision to become a public company to appeal for a new money. But, definitely, this is only first pieces of steps on the path of new challenges, that the company must go through to be learnt how to become more fluent, more relevant and more predictive for investors. I believe, it will show amazing results within next 2 years. Expecting more than 5-8 times profit, and this will be only the preparation. Will be observing and catch signals. Does not constitute a recommendation. #investing #stocks #idea #forecast #furoreggs If you want to discuss, please subscribe and challenge my point of view )
NASDAQ:VMEOLong
by furoreggs
Why Nasdaq growing along line and when this end 📏Since the beginning of year, Nasdaq index has been growing literally along the line, and the largest companies are dragging it in turn: NASDAQ:NVDA , NASDAQ:TSLA , NASDAQ:GOOG , NASDAQ:MSFT . According to the classics of "hamster races", each new ruler increases the angle of inclination. Since May of this year, the angle has increased as buybacks from companies and a “big bull” with options with an expiration date of zero from individuals investors have come into play. And here we are again approaching the lilac line, now the index should again surprise everyone and increase the degree of upward slope OR a protracted fall will begin already from the current levels, since all fundamental and technical reasons have long been ripe for a reversal 🫡 Already on Thursday, we can see strong volatility and a break in the trend, as the last major mammoths report: NASDAQ:AAPL and NASDAQ:AMZN In the medium term, it is not their numbers in reports and forecasts that are extremely important, but the volume of the buyback program, which usually drags the market up. However, past reported mammoths have not issued buyouts, which means there is a high chance that we are already very close to the peak. ⚔️ Nearest resistance: 16500p. - ATH! 🛡️ Nearest support to start purchasing techs: 15000p; 13550p.
NASDAQ:NDXShort
by Dorado_Crypto
The Power of Dollar-Cost AveragingThe Power of Dollar-Cost Averaging: Building Wealth Gradually Introduction In the world of investing, there's a powerful strategy that enables individuals to build wealth over time without the need for market-timing skills or significant capital: dollar-cost averaging (DCA). This method involves investing a fixed amount of money at regular intervals, regardless of market conditions. In this blog post, we will explore the concept of dollar-cost averaging and how it can be a valuable tool for building wealth gradually and with discipline. Understanding Dollar-Cost Averaging Dollar-cost averaging is a disciplined investment approach that involves investing a fixed dollar amount in a particular asset or investment vehicle on a scheduled basis, such as weekly, monthly, or quarterly. The key feature of DCA is that the same amount is invested consistently, regardless of whether the asset's price is high or low. The Power of Consistency Reducing Market Timing Risk: Dollar-cost averaging eliminates the need to time the market, which is notoriously difficult even for seasoned investors. By investing regularly, you spread your purchases over different market conditions, reducing the risk of making ill-timed investments. Taking Advantage of Market Volatility: DCA allows you to purchase more shares when prices are lower and fewer shares when prices are higher. Over time, this strategy can lead to a lower average cost per share. Embracing Disciplined Investing: Dollar-cost averaging promotes disciplined investing habits. It encourages you to stay committed to your investment plan regardless of short-term market fluctuations. Building Wealth Gradually Regular Contributions: Set a consistent schedule for investing, such as monthly or quarterly contributions. This habit ensures that you continually add to your investments over time. Automate Your Investments: Automate the investment process by setting up automatic transfers from your bank account to your investment account. This reduces the temptation to deviate from your plan. Stay the Course: Remain patient and steadfast during market ups and downs. Stick to your dollar-cost averaging plan, as its true power lies in its long-term impact. The Magic of Compounding Dollar-cost averaging harnesses the magic of compounding, where reinvested returns generate additional returns over time. The longer you maintain your dollar-cost averaging plan, the more significant the compounding effect on your wealth. Conclusion Dollar-cost averaging is a time-tested and straightforward strategy for building wealth gradually and with consistency. By investing regularly and without the need to time the market, you can overcome the pitfalls of emotional decision-making and take advantage of market volatility. Embrace the power of dollar-cost averaging as your ally in wealth-building, and watch your investments grow steadily over the years. Remember, the key to success is to start early, stay committed, and let the power of compounding work its magic on your journey toward financial prosperity. Happy investing, and may your disciplined efforts lead to a brighter financial future!
NASDAQ:TSLAEducation
by MindOverMarket
The ABCs of Risk Management in Stock TradingThe ABCs of Risk Management in Stock Trading Introduction In the exhilarating world of stock trading, mastering the art of risk management is a crucial skill that separates successful traders from the rest. Effective risk management is all about safeguarding your capital and minimizing potential losses while maximizing opportunities for profit. In this blog post, we will explore the ABCs of risk management in stock trading and how it can lead to more sustainable and rewarding trading experiences. A - Assessing Risk Tolerance Before delving into the markets, it's essential to evaluate your risk tolerance. Be honest with yourself about how much capital you can afford to put at risk without causing emotional distress. Your risk tolerance will determine your position sizing and the percentage of your portfolio allocated to each trade. B - Balancing Diversification Diversification is a key risk management strategy. Avoid putting all your funds into a single stock or sector. By diversifying your portfolio across different assets, industries, and geographic regions, you reduce the impact of any individual investment's adverse performance on your overall portfolio. C - Cutting Losses with Stop-Loss Orders Stop-loss orders are a trader's best friend. Implementing stop-loss levels before entering a trade ensures that you automatically exit a position if it goes against you beyond a predetermined point. This helps protect your capital and prevent significant losses. D - Doing Your Due Diligence Knowledge is power in the stock market. Thoroughly research and analyze potential trades before executing them. Understand the company's fundamentals, technical indicators, and market trends to make informed decisions and reduce the element of surprise. E - Emotion Management Emotions can cloud judgment and lead to impulsive decisions. Successful traders maintain emotional discipline and stick to their trading plans, regardless of market fluctuations. Embrace a rational approach to trading and avoid letting emotions dictate your actions. F - Focusing on Risk-Reward Ratio A positive risk-reward ratio is a fundamental aspect of risk management. Aim to take trades with higher potential rewards than the associated risks. This means that even if some trades result in losses, profitable trades should outweigh them over time. G - Gradual Position Sizing Avoid going all-in on a single trade. Gradually scale into positions, especially in volatile markets. This way, you can manage risk and adjust your exposure as market conditions change. Conclusion As you venture into the exciting world of stock trading, remember that managing risk is paramount to long-term success. By following the ABCs of risk management - assessing risk tolerance, balancing diversification, cutting losses with stop-loss orders, doing due diligence, managing emotions, focusing on risk-reward ratio, and employing gradual position sizing - you can navigate the markets with confidence and achieve your trading goals. Stay disciplined, stay informed, and let effective risk management be the cornerstone of your stock trading journey. Happy trading and may your endeavors be both rewarding and fulfilling!
NASDAQ:TSLAEducation
by MindOverMarket
$ATEX is going to turn around and aheadBasing on the Fibo levels, divergence and building double bottom, simultaneously with the good last report, there is a high probability, that NASDAQ:ATEX will show a turn around and start raising ahead from 28 to 41-45 (to get it return to the mother ascending channel) in a 3 months, which can bring us about 50% of the growth. Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view )
NASDAQ:ATEXLong
by furoreggs
Stock from China with upside potential of up to 200% 📈📱 Buy Baozun Ticker: NASDAQ:BZUN Buy by: 5$ Goals: $8.3; $11.5; $15.4. Potential return per trade: up to 200% Volume per trade: up to 1.5-2% of the portfolio This deal should be taken for medium term. The paper is quite volatile, so it makes no sense to put stops, we go in a small volume. ⚠️Risk level: high Baozun is a young IT company that provides e-commerce services. Average annual revenue growth is 27%, debt/equity is a comfortable 37%. Forward P/e ~ 8.3 , P/s ~ 0.2. From its peak, the stock fell by -92%, and our team believes that all the negative is already included in the price and the security is unlikely to fail significantly lower. According to technical analysis, the stock shows the first attempts at a medium-term reversal. At the level of $3.5, a support line was formed, and securities were paid off from this level on an increased volume. Shares are below the 200-day moving average (negative). RSI - locally overbought on D1. But if you want to find more ideas in great companies with high growth potential, welcome to the profile 🎩
NASDAQ:BZUNLong
by Dorado_Crypto
$FTCH - hidden rocket, which is waiting for a momentI really like this company and believe NYSE:FTCH will show incredible results on a long time slot. Of cause, it's already shown so many interesting and mind-blowing tricks and could continue to do the same. But before this, in my view, we will observe two-stepping game. First part of this movie is about 20% for the bulls in a very limited time. The second one will be a tremendous correction to get a mass for a amazing jump. But lets check the first part of the plan. Will watching this short clip in the home cinema. Goal is 6.5. Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view )
FLong
by furoreggs
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