Good time to buy and HODL!Arweave (AR) is one of my recent coins which I choose to invest in. This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3,4 and 5 very soon, that could be year(s). I will sell most of my capital on targets 2,3. Small portion will be sold on Target 1 and on Target 4 and 5.
Entry Zone: 9.07 – 11.07
Buy Zone 1: 6.06 – 7.36
Target 1: 26.03 – 28.75 (135%)
Target 2: 38.39 – 42.25 (247%)
Target 3: 56.98 – 60.36 (432%)
Target 4: 75.92 – 78.98 (609%)
Target 5: 93.40 – 99.77 (774%)
Investment
Apple (AAPL): Swing Entry on the HorizonLast time, we narrowly missed the entry on Apple by just a few dollars, and after that miss, the stock no longer presented a compelling opportunity, so we decided to wait. However, after observing from the sidelines for a few months, it seems that another chance to secure a profitable swing entry might be approaching.
To increase our confidence in this potential opportunity and secure a better entry point, we need to closely monitor further movements from this tech giant. The current price action strongly suggests that a flat pattern might be forming following the recent drop. If this flat pattern does materialize, it could manifest as either a regular flat or an expanded flat, and this will be crucial in determining our entry target zone. At this stage, the area between $200 and $180 seems the most probable and attractive for a potential entry.
Given the broader market trends and Apple’s recent performance, this zone could offer a favorable risk-reward ratio. We’ll be watching for any developments that confirm this pattern and provide a clearer signal for entry. Stay tuned for further updates as we refine our strategy and prepare for a possible move on Apple.
SYNCOM FORMU STOCK FOR SWING TRADING8 MONTHS OF SUPPLY ZONE BREAKOUT
BUY PRICE : 19
SL : 14 (only for swing traders)
TARGET : 26 (40%)
Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
MOREPEN LAB - 3 YEARS OF ROUND BOTTOM BREAKOUT3 YEARS OF ROUND BOTTOM BREAKOUT FOR SWING TRADING
NEW BUY PRICE : 75
SL : 50 (only for swing traders)
TARGET : 95, 125 (65%)
Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
BAL PHARMA - 3 YEARS OF SUPPLY ZONE BREAKOUT3 YEARS OF SUPPLY ZONE BREAKOUT STOCK FOR SWING TRADING
BUY PRICE : 140
SL : 107 (only for swing traders)
TARGET : 215 (52%)
Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
EVEREST KANTO CYLINDER - SWING TRADING STOCK 25/08/2024BREAKOUT STOCK FOR SWING TRADING
BUY PRICE : 183
SL : 150 (only for swing traders)
TARGET : 280 (50%)
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
S&P 500 Daily Chart Analysis For Week of Aug 23, 2024Technical Analysis and Outlook:
Throughout the current week's trading session, the S&P 500 Index has demonstrated notable resilience, surpassing the Mean Resistance level of 5564 and positioning itself beneath the attained Inner Index Rally at 5666. The prevailing price action indicates a sustained upward momentum aimed at retesting the completed Interim Index Rally at 5666, with an eye on the subsequent upside objectives represented by the Inner Index Rally at 5745 and the ultimate Outer Index Rally at 5840. It is important to note that the attainment of these targets is likely to prompt a selling price action.
Sanofi (SNY): A Strong Investment CaseCompany Overview:
Sanofi NASDAQ:SNY is a major pharmaceutical company based in Paris, with a market capitalization of $134 billion.
Investment Highlights:
Dividend Yield: 3.8%, more than double the S&P 500 average.
Drug Portfolio: Diverse and includes successful drug developments.
Pipeline: Promising future drug pipeline with potential for growth.
Berkshire Hathaway Investment: Long-standing investment from Berkshire Hathaway underscores the company’s attractiveness and stability.
Outlook:
We are bullish on SNY due to its growth potential and solid dividend payout. The combination of a strong drug portfolio, promising pipeline, and robust dividend makes Sanofi a compelling investment choice.
#Sanofi #SNY #Pharmaceuticals #Investment #DividendYield #MarketCap #GrowthPotential #BerkshireHathaway #StockAnalysis #Bullish
Chevron (CVX): Approaching a Critical Support ZoneIt's been a while since we last analyzed CVX, but we’re now approaching a very important area on the chart. You might wonder why we’re focusing on the weekly chart instead of the daily. The reason is simple: sometimes you need to zoom out to get a clearer perspective, and in this case, the weekly chart holds far more significance than the daily. There’s no point in searching for entries on the daily when the more crucial entry level on the weekly is just below.
We’re looking to find support at the HVN POC (High Volume Node Point of Control) at $117, which would also serve as a retest after the last breakout in 2022. We’re still determining the best way to place a limit order at this level, but for now, we’re waiting on the sidelines with alerts set and a light game plan ready.
Target (TGT): Ready to Break Out of Its DowntrendWith Target, we have another major player in the US retail market, and we prefer its price structure over Walmart's. After completing Wave (3), Target experienced a significant sell-off, forming Wave (4). Currently, it appears that an inverse head and shoulders pattern is developing, which could signal a bullish reversal. The neckline looks particularly strong, and I will have a bullish outlook once this neckline is reclaimed.
There is a breakout gap following the completion of Wave (4), which might be revisited. However, for a well-formed head and shoulders pattern, we should see some momentum soon to create two shoulders at the same level. As long as the Wave (4) level at the Point of Control (POC) holds, we expect more upside, either after a slight dip into the breakout gap or immediately following the earnings report next week.
Cisco (CSCO): Ready for a Post-Earnings Drop?As we approach Cisco's earnings report, it's time for another pre-earnings analysis. We're examining both the higher time frame and then zooming in for a closer look. On the higher time frame (Daily), Cisco is following a nearly perfect trend channel. While a retest of the lower range of this trend channel seems the most probable, I suspect that the price could breach this level and wick into our target zone between $38 and $32.
If this scenario unfolds as anticipated, it could present a great opportunity to take a long position in Cisco, potentially holding into 2025 for more significant gains.
The bearish outlook is further supported by a shoulder-head-shoulder formation that has caught our eye. Although we typically don't trade based on these formations, this one is hard to ignore. Ideally, we'd see a breach below the lower trend channel range, followed by a retest, and then a sell-off into our target zone.
We're watching closely for the first signs of movement following Wednesday's earnings report.
Electronic Arts (EA) | Finally a Confirmed Breakout!Hi,
Electronic Arts (EA) has finally made a statement. For over 6 years it has tried to break above $150. Multiple failed attempts before the 2024 July close which was the confirmation for a possible further growth.
This is a perfect example of how you should wait for a breakout. Let the other investors show you what might happen next. They were willing to pay prices that have never been paid per share and we take it as a strong statement, monthly close is the confirmation, and who want to jump in then there is the possibility.
Quite a similar price action to my earlier post about Mastercard (MA):
Good luck,
Vaido
Trading Psychology: The Key to Successful Investing🔷 Trading Psychology: The Key to Successful Investing 🔷
1. Introduction
Trading psychology examines how traders' emotional and mental states influence their trading decisions. Many traders believe that success in trading only requires technical analysis and market knowledge. However, controlling emotions and having the right mental approach are crucial elements for being a successful trader. This article will delve into why trading psychology is essential, the common psychological pitfalls traders face, and strategies to overcome them.
2. The Importance of Trading Psychology
Understanding trading psychology is vital because it helps traders recognize the impact of their emotions on their trading behavior. Emotions such as fear, greed, and overconfidence can lead to irrational decisions, resulting in significant losses. For instance, fear might cause a trader to exit a position prematurely, missing out on potential profits. On the other hand, greed can lead to overtrading and taking excessive risks. By being aware of these emotions, traders can develop strategies to mitigate their effects and make more rational decisions.
3. Common Psychological Pitfalls in Trading
Several psychological traps can hinder a trader's success. One common pitfall is the fear of missing out (FOMO), which can cause traders to enter trades impulsively without proper analysis. Another is the sunk cost fallacy, where traders hold onto losing positions hoping they will eventually turn profitable, instead of cutting their losses. Overconfidence can also be detrimental, leading traders to underestimate risks and overestimate their market knowledge. Recognizing these pitfalls is the first step towards avoiding them.
4. Strategies to Improve Trading Psychology
Developing a robust trading plan and sticking to it is one effective strategy to improve trading psychology. A trading plan outlines entry and exit points, risk management rules, and criteria for trade selection, helping traders stay disciplined. Mindfulness and stress management techniques, such as meditation and deep breathing exercises, can also help traders maintain emotional balance. Keeping a trading journal to record trades and emotions experienced during those trades can provide valuable insights and help identify patterns that need addressing.
5. The Role of Continuous Learning
Continuous learning and self-improvement play a significant role in mastering trading psychology. Engaging in regular education through books, webinars, and courses can enhance a trader's knowledge and confidence. Additionally, joining trading communities and seeking mentorship can provide support and feedback, helping traders stay motivated and focused. Embracing a growth mindset, where failures are seen as learning opportunities, can foster resilience and long-term success.
🔷 Conclusion
Trading psychology is an integral part of successful trading. By understanding the impact of emotions on trading decisions and implementing strategies to manage them, traders can improve their performance and achieve their financial goals. Recognizing common psychological pitfalls and committing to continuous learning are essential steps towards mastering the mental aspect of trading.
Prestige- LONG TERM ACCUMULATION - EDUCATION PURPOSE #Prestige This analysis focuses on the long-term accumulation strategy for Prestige, emphasizing key support levels that are crucial for making informed trading decisions. This strategy is designed for educational purposes and aims to help traders understand the importance of support levels in the context of long-term investments.
Risk Management: Establishing support levels assists in managing risk by setting predefined points for making buying decisions, thereby limiting potential losses.
This analysis is intended to provide educational value and should not be construed as financial advice. Always conduct your own research and consult with a financial advisor before making investment decisions.