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Moving_average

Market going down? What do you thinkDISCLAIMER: I DO NOT GIVE SOLICITATION TO BUY OR SHORT Seems like market is continue its down trend based on pattern. What do you think ? OCTOBER 21 , 2022 I cover various stocks which can be profitable based on the stock charts and technical indicators. I try my best to explain as detailed as possible but your feedback is also appreciated Before you enter a trade , one must learn how to master the charts as Stock charts play a big role in deciding when to buy or when not to buy. Technical Trading help in predicting price movements and have a risk management. Stock trading is like any other business and must be taken seriously. Lot of people lose money because they don't educate themselves and end up placing trades blindly which results in big losses Stock charts is the major component day traders, swing traders, core traders use. Times and technology has changed and if you cannot adapt to the new methods , there is a high chance you will be left behind Millions of shares are traded now using desktop , laptop or gadgets and stock charts is what majority of traders look at. So , if you want to be a daytrader , swingtrader or coretrader learn how to read and interpret charts. There are lot of great books out there like Thomas Bulkowski's Encyclopedia of chart patterns and Steve Nison Japanese Candlesticks interpretation Having someone experienced can also cut the learning curve time for a new trader. Trading does take time and with discipline , hardwork , dedication and most importantly Passion for this needs to be there.
NASDAQ:AMZN
by Composed_Trader
ALKYL AMINES, TRADING AT MA100!!1. MA 100 is giving a very good support for alkyl. 2. one thing to note is it is forming a cup and a handle pattern, with the neckline drawn. 3. the stock has not given any returns, from past 6 months. 4. on 1st of august, the stock broke the trend line, to give a breakout, but it was not much effective, and from that period the stock is in a range. 5. have a look on MACD, there's no big bars as much RESISTANCE LEVELS ARE DRAWN, ONE CAN AIM FOR THE STOCK TO GO UPSIDE ALL OVER TILL 4382
NSE:ALKYLAMINELong
by raghavchoudhary2016
S&P is seeing reversal from MAJOR supportWe saw the S&P reverse yesterday by almost 3% in one day! Not only was this a key day reversal/a bullish engulfing candle but the fact that we are seeing this market charting that kind of reversal from such a key zone on the chart is we think critical. We have the 200-week ma, the 55-week ma and long-term Fibonacci retracement all coming in around the 35000 level and the low this week has been 3491. If you have been selling this market, you might want to take those profits because I think this thing is going to bounce! Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Opinions expressed are our current opinions as of the date appearing on Trading View only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The Society of Technical Analysts Ltd does not make representation that the information provided is appropriate for use in all jurisdictions or by all Investors or other potential Investors. Parties are therefore responsible for compliance with applicable local laws and regulations. The Society of Technical Analysts will not be held liable for any loss or damage resulting directly or indirectly from the use of any information on this site.
SP:SPX
by The_STA
3
Dow Jones Industrial not looking goodDJI = Dow Jones Industrial is not looking good. 200MA, 200EMA (which has worked as support before) and key level ~29 700 was tested and turned to resistance like it is seen on the graph. Next target ~26 800 and if that gets broken ~23 000. IF history repeats itself, then we might go test the 18 200 levels which happened last time 200MA turned to resistance ( 2008 ) This analysis is invalid if we break ~29 700-30 000 and get on top of the EMAs When Fed pivots and start to print money again the markets will turn, and the markets are probably going to sniff that before it actually happens. I think it's sooner than we expect. -Jebu
TVC:DJIShort
by PalenTrade
3
PINS - potential golden cross?PINS has been forming a round bottom basing pattern for the past 6mths and is already starting to cross above it's 200 day moving average. There is a good chance that we could have a golden cross (ie 50d MA crossing above the 200d MA) in the near future and WHEN that happens, then a firmer uptrend could be underway. Meanwhile a retest of it's recent pivot low @ 22 (which is also its 50day MA) is still possible but likely not to breach this level. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NYSE:PINSLong
by Juliac
JICPT| EURUSD daily short setup(1.0174-1.0213) with T1 & T2Hello everyone. Euro has been struggling around 1 against the dollar for sometime. This is a simple short setup on the daily chart with reasons below: 1. Downtrend line 2. 61.8% fib retracement 3. not bad supply zone I'd like to set an alert round the zone. Zoom in on the 4H or 1H for reversal pattern. Fundamentally, I do think the worst is yet to come. The energy crisis is expected to be even worse in the winter. I don't think market has fully priced in. Previously low 0.9875 would be target 1. I use measured move ab=cd to guess the aggressive target which is around 0.9564. What do you think? Give me a like if you're with me.
Short
by JICPT
1
NASDAQ, 21ST SEPT MEETING ANALYSIS!!- REUPDATED!!due to the hikes in interest rates, US markets are not getting that freedom to freely enter the market and make their positions. the hike is creating a fear among the people of not entering into the market, and keep on people selling their positions, making markets keep falling. "A BULL RUN can only happen when all the news has been factored". this explanation is also set for the INDIAN markets too. and people do have a good and fresh mindset to enter into the markets. when such a thing happens US markets will have a boom. and this will gonna be happening soon. support lines are too mentioned. news is much factored in the indices, if by a chance nasdaq, broke the particular drawn supports to, then the next support will be forming around 10000, which is about 10% fall, but i dont feel now there is such more news aspects lefty to cover which will make the markets to fall with such a high number. final words, do watch out for 200 MOVING AVERGE, because from past few weeks, this indicator is acting a very good support for nasdaq.
NASDAQ:NDXLong
by raghavchoudhary2016
NIFTY PHARMA, IMPULSE MOVE!!the purple line shows that now its the time that nifty pharma will give a rally, with a breakout(lets watch).. the red line, properly gives a support line, it is holding a strong support. we are currently in demand zone. the two major black lines are drawn to give a range where the market will move accordingly in future, it is drawn based on the markets went consolidating at past, and based on the price movement of future. rest, everything mentioned in the chart.
NSE:CNXPHARMALong
by raghavchoudhary2016
EURAUD has a nice RtoR ratio!Okay! Daily MA 100 is broken! We are waiting for a reversal! MA200 of 4h is broken and price reversed and responded to it perfectly. Trend is strongly bullish, 1st TP was previously strong support level.. Main TP is volume profile of strong reversing level in HTF. After all, we know that there might not be any reversal! I'll enter 0.25 of my risk (0.5% of account) now! it's RtoR is around 1.63 which is just normal. But there is a chance of great RotR around 1.475 and I wait for that
Long
by AliSignals