From Dips to Highs: Unveiling a Bullish TurnaroundKROSS LTD newly listed company that had a rough start, now shifting from an initial downward trend to a positive trajectory. Investors are loving the positive shift, and the stock's looking solid again. It's a good sign for the future, showing they've got what it takes to bounce back. 🌟📈
Setting up for a potential 1:2 RR trade.
Disclaimer: All ideas are my personal views and not financial advise. I do not have any Telegram channel nor do I sell any courses.
Medium-term
WOOF Technical Analysis - By a BeginnerJust testing to see how my analysis holds up. Feel free to add critiques or comments below. Entering a 4.50c of this hits my entry level at 4.94.
Prediction to Earnings on TSLA (Closing gap slowly, then retest)TSLA is being tossed aside as all attention goes to NVDA and semiconductors. TSLA has been experiencing slow growth relative to the S and P. These are my thoughts on TSLA price action up to earnings in mid April. This is a prediction that is longer in time frame compared to my usual predictions, so take with a massive grain of salt. I'll update as more information comes up near earnings.
We see a channel formed starting from the previous earnings. With it's current growth speed, I expect filling the gap early March to the $210 range. I believe attention will continue into semiconductors, and bring TSLA along with them to this point. Since we hit new ATHs with the S and P and NVDA recently, this seems like a good estimate as to when we will see a market correction. Momentum into the S and P seems that it will carry it for a few weeks. The TSLA options market seems to align with this, since we have P/C ratios between 0.5 through 0.75.
After this upward leg, I expect investors to brace for earnings in mid-late March, early April. With no new exciting news coming from the EV space, I think investors will expect a similar results to the previous earnings report. This is where we may begin seeing price action back towards previous lows, potentially retesting $185 to $190 prior to earnings.
Post earnings: It's easy to think we will have a similar result as the previous quarter, since we don't have news, but the EV sector is looking to slash jobs and cut costs. This may help TSLA keep a larger margin that may potentially be lost by Tesla car price cuts. With more information leading up to earnings we may be able to refine this.
As always, significant market news can change things to unpredictable places, so I'll be keeping an eye out and updating.
Bearish Idesa for USDCADwe see that after the price exits the current liquidity area, a slight false breakout may appear as a liquidity sweep in the 1.272 area (1.35700 - 1.35710). then after the price fails at this level it is very likely that the price will retest the 1.38000 area, which is a fairly good sell area.
Poonawala Fincorp (Rs.216) Huge potentialPosting bit late, but still Poonawala Fincorp (Rs.216) has Huge potential from here as well (This is my view)
Let's review stock after a year again..
Please do your research before investing..
DAILY CHART - RELIANCE INFRAThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
Brazilian bank with space potential 🚀
Warren Buffett is famous for his investments, which he makes right at very bottom, and then holds them for many years and stocks bring him > 1000%!
There is a high probability that history will repeat it self with this cryptocurrency bank, in which he invested $ 1 billion a couple of years ago.
In fact, this is the only bet on the cryptocurrency of an elderly investor.
🏦 Nu provides digital banking services.
Every year the revenue of this bank grows by 100-200%!
The company attracts between 4 and 10 million new customers every quarter.
Given population of Latin America, the fintech company boasts significant growth potential in medium term by capturing market share.
But it should be remembered that while the bank is unprofitable, but as soon as the first profit appears, this rocket will not be stopped!
According to technical analysis, the stock found a bottom in region of $3-4 per share.
Now a new growing channel has been formed, which is confirmed by high volumes, so there is every chance that the uptrend will continue.
60% remains to the historical maximum, we will probably see this goal already this year.
💳 Nubank
Ticker: NYSE:NU
🔰 Entry price from: 7.3$
📊 Repurchase price: $5.6, $4.
🎯 Goals: $12, $15, $18
💼 Volume per trade: up to 0.5-3% per portfolio
📈 Potential return: up to 150%
It is better to keep this deal for the medium term.
You should enter the deal gradually, without rushing.
Initially at 0.5-1% of deposit.
If the stock falls, then you can average the position by 1-2%.
If the stock grows, then the entry point was good and you can increase the position by 1-2%.
You can find even more profitable ideas in the profile header 🎩
If you are interested in analysis of any other asset - write in the comments and I will do it.
NFLX - Rising Trend Channel [MID TERM]🔹NFLX is in a rising trend channel in the medium long term.
🔹NFLX broken up through resistance at 370.
🔹The volume balance is positive and strengthens the stock in the short term.
🔹Overall assessed as technically positive for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
CSCO - Rising Trend Channel [MID TERM]- CSCO shows strong development within a rising trend channel in the medium long term.
- CSCO is testing resistance at 49.40.
- This could give a negative reaction, but an upward breakthrough of 49.40 means a positive signal.
- CSCO is assessed as technically neutral for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
Don't Sell Gold(XAU) in Short Term And Wait to Buy in Long TermIn the above Daily Chart, we've forecasted a marginal high of Gold(XAU) to around 2,060 and from this level we expect a correction ABC to around 1,800 where the smart buyers must appear with higher probabilities. In weekly(W) time frame, Gold(XAU) has a bullish structure .
Don't Sell Dollar(USDX) in the Short & Medium TermAs we shown on the daily chart, we expect 1(one) wave ((5)) movement in the next months to around 118. So the biggest odds are higher. If Dollar(USDX) breaks the last low wave ((4)), a double correction will take place. In this moment, the Right Side of H1 and H4 is turning up. We need more data to see a clear definition in USDX next movements.
QQQ - Breakout Falling Trend [MIDTERM]- QQQ has broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate.
- QQQ has given a positive signal from the double bottom formation by a - break up through the resistance at 295.
- Further rise to 327 or more is signaled.
- QQQ has support at 295 and resistance at 320.
- Overall assessed as technically neutral for the medium long term.
Verify it first and believe later.
WavePoint ❤️
Medium Term Path with More Probabilities for S&P 500 Daily ChartShort and Medium term structure S&P is bearish once it makes a new low around 3,500. Now we expects more downside to 3,100 as it's shown in the orange circle in Daily Chart. We expects a reverse in this circle area and we saw a strong correlation with other indices (American, European and Asian). Next week, we'll update this forecast.
OIL INDIA Clearly the most undervalued stock (with P/E ratio under 3) as compared to other stocks of this sector oil and gas industry ⛽
My avg. Buy at 180
Key Notes as:
Cmp 240
Book value 340+
EPS 80+
ROE 20+
Face value 10
Good Q3 results
Decreasing Public holding
Increased Mutual fund holding
Formation of ABC pattern (Sea horse)
TGT 325-350+
SL BELOW 220-200
So approx. 1:4 setup ready for medium term
Good risk:reward setup
Note: Just an idea not any recommendation to buy or sell the particular stock entity mentioned here ..
USDCAD - LT/MT Idea!CAD - LT/MT Idea!
We have a lot of dollar buying end of flows, end of month. We saw that in most of the majors shifting. What's really key to me is we are seeing US data take a hit US indices, it is time to take into consideration what could happen next with the FX majors. Here's a glimpse of what I think of CAD:
This chart is based purely on Technical aspect.
Currently we within the ranges - Highs: 1.37355 & Lows: 1.32485
A break of highs, we could be forming the pattern W / Break out of wedge/triangle formation
Target areas: 1.38885 & 1.41290
A break of the lows, we break below 50EMA + break out of pattern takes us to 200 EMA + TL
Target areas: 1.30270 & 1.27955
Take into consideration of other FX minor pairs such as CADCHF - Stuck within range, ready to break! There are great opportunities out there for us traders to take advantage, of.
Trade Journal
Team Lease FinanceHello and welcome to this analysis
In the monthly time frame we can see two parallel channels running the path. The first one is a wider rising channel which has now come down to its lower end of the channel after completing a 1.6x fibonacci target. The second one is the narrower falling channel from its peak.
The decline appears to have come to a halt at the confluence of both the channels and after a brief period of consolidation its showing signs of resumption of uptrend.
SIP / accumulation between 2350-2700 with 2200 as failure of structure (channel will break below) for upside possibilities of 3500 and ATH appear a possibility.
A decent risk reward ratio for medium to long term investing.
Gold Price Prediction at the Announcement of CPI Data ReleaseSo I predict that there will be a bounce towards the price of 1880, after that whether immediately or slowing down, Gold will decline again. The profit target is at the price of 1776.
Note: Remember, this is not financial advice. Always follow your own analysis. Thank you and good luck.
Gold analysis of Nov 2022 TF Week (short- to long-term)Gold made the triple bottom at 1618 in the past two months. Recently, the price has reverse to 1772 as the negative CPI data and the inflation rate is lower than expected. This price action confirms the end of Wave C.
Short-term analysis
After the gold price has a sharp rally over 100 usd in last week, it is expected to have correction next week from 1772 (wave 1 green), but still in an uptrend. However, it should not drop below 1680 (wave 2 green).
Tradi ng strategy:
Sell 1772-1802
TP 1766/1758/1747
SL set according to your margin (probably hit 1806)
Medium-term analysis
It is necessary to wait for a confirmation signal from a pullback to wave 2 green, which should not fall below 1680 (wave 2 green). Then, it would be great chance to open long/buy positions.
In contrast, if gold has pullback lower than 1680, it has a chance of a bearish reversal, which means that this strong rebound (at 1772) is just a market correction. It may result in the price of gold continuing to decline in the long term (red wave)
Long-term analysis
1st scenario, if gold keep it rising trend, the price action can made a new high (> 2070) following to green wave (5)
2nd scenario, if gold reverses to a downtrend, we might see great drop to 1302 following to red wave (5). Regard to the "Gold price prediction chart pattern" my long term analyzed on March 30, 2022 (see more detail in attached link).
PRADEEP PHOSPHATES Swing Up TrendNow 56.75
if Break Out Above 58
Next Swing Exit 68, Medium Exit - Hold
Risk Below 55
I bought Castrol IndiaI bought Castrol India
Candles above 100 & 200 EMA
RSI bullish
Manual trend is bullish as well
SL 95
T1 115+ and T2 open
I think we may witness a strong up move in 3 to 6 months
REEF/USDTbreak falling wedge
making rsi bearish divergence
rsi oversold
buy at current price
sell at 0.4945
and to of the falling wedge Channel
Volume analysis
GBP / USD Short IdeaBearish Chart pattern forming on 4h / 1h timeframe indicating a potential uptrend reversal which could retrace to the 0.382 Fibonacci Level and beyond.
This trade idea offers an excellent 5+ Risk to Reward Ratio for the remainder of the week and due to the UK's troubles of tax, political unreasonableness and general economic horror i expect this resistance level once support to allow for big selling opportunity for people trying to reject the recent Bullish pullback on the Pound.
- Note to never risk more than 1-3% of your account on any given trade.
- Stop Loss 47 Pips above sell bracket.
- Stop Loss is 76 Pips above entry point.
Opinions on GBU / USD?
Sept 22nd - LINK - Possible Long if breaks triangle1D tf
Looking to see if LINK will break the descending trendline
Can enter now at 6.80 - 7.10 area with a SL at 6.18
OR
can wait for price to break and hold at the descending trendline at around resistance at Target 1 (7.622 area)
Target 1 = 7.622 area
Target 2 = 9.530
Target 3 = 12.287
