Take-Two Rallied. Now It’s Pulled BackTake-Two Interactive Software jumped in November and now some traders may see potential for upside continuation.
The first pattern on today’s chart is the price gap on November 7 after earnings and revenue beat estimates. The videogame developer proceeded to multiyear highs after the report, which may reflect bullish sentiment.
Second is the $177.62 level. It was a weekly close on November 15 and the lowest daily closing price after the bullish gap. TTWO probed that level by $0.27 on Friday but has stayed above it. Is support in place above the previous 52-week high?
Next, stochastics have hit an oversold condition and prices are holding the bottom of the Keltner Channel.
Finally, the stock moved sideways between July 2023 and October 2024. But then the 50-day simple moving average (SMA) crossed above the 100- and 200-day SMAs. They’re now in a potentially bullish sequence, with faster SMAs above the slower. That may suggest an uptrend is resuming after more than a year of consolidation.
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Moving Averages
$SPY January 15th, 2025AMEX:SPY January 15th, 2025
15 minutes
As the numbers are below 200 averages in 15 minutes, I will short.
For the fall 595 to 575 we have ascillator divergence, therefore, taking 575.35 as the low, drawing extension for the move 575.5 to 585 to 578.35, we have a first target of 588 and second target of 594 levels
For the fall 597.75 to 575.35 we have 0.618 retracement at 590 - 591 levels.
That is the level I will short.
However, we have 200 averages at 588 levels, therefore the short will give us only $2 profit.
Since the risk to reward is not good, we have to wait for the first 15 minute bar to form to see how the close is located, either near top or near bottom.
As written many times, gaps which are unfilled are strong, therefore if we get the first bar close near top, keeping the low of the bar as stoploss, we have to go long.
The reason is the values become above 200 averages, therby triggering a buy.
DLNG: Bullish Setup with Multiple ConfluencesI see several compelling reasons to be bullish on DLNG:
Breakout of Long-Term Consolidation:
The stock has decisively broken out of a multi-month consolidation zone around $4.22. It has since retested this level, confirming it as support. This breakout suggests that momentum is shifting in favor of the bulls.
Liquidity Gap to Target:
There is a clear liquidity gap on the chart, providing a smooth path for price movement from the current levels to $8.00. Such gaps often act as magnets for price action, increasing the likelihood of upward continuation.
Moving Averages Alignment:
The stock is trading above key moving averages (e.g., 50-day and 200-day), a classic signal of bullish momentum. Additionally, the moving averages are likely forming a "golden cross" pattern (if applicable), which strengthens the bullish outlook.
Volume Confirmation:
Recent price movement has been accompanied by increasing volume, adding credibility to the breakout. Higher volume on breakouts often indicates institutional interest and a higher probability of sustained price movement.
RSI and Momentum Indicators:
Momentum indicators like RSI are likely in bullish territory but not yet overbought, leaving room for further upside.
Key Levels to Watch:
Support: $4.22 (previous breakout level)
Resistance: $8.00 (liquidity gap target)
Please, do your own research!
Kroger Pulls BackKroger jumped to a new record high one month ago, and now dip buyers may eye its recent pullback.
The first pattern on today’s chart is the April high of $58.34. The grocery chain tested $0.01 below it last week before stabilizing. Has old resistance become new support?
Second, the recent trough continued a series of higher weekly lows running all the way back to September.
Speaking of September, that’s when KR’s 50-day simple moving average (SMA) crossed above its 100-day SMA. Both are rising and above the 200-day SMA. That configuration could indicate a new uptrend has taken shape.
Finally, stochastics are turning up from an oversold condition.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
EURNZD signal: 4H / 1D Beautiful SellEURNZD ( 4H / 1D )
Market price : 1.84475
Sell now : 1.84475
Tp1 : 1.83687
Tp2 : 1.82485
Sl : 1.85480 ( 70 pip )
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ❤️
Remember this is a position that was found by me and it is a personal idea not a financial advice, you are responsible for your loss and gain.
Alexandria Real Estate | ARE | Long at $97.41Alexandria Real Estate NYSE:ARE
Pros:
Pays a high and reliable dividend of 5.56%
Earnings are forecast to grow 18.52% per year
Revenue rose from $1.5 billion to $3 billion by Q3 2024
Insiders recently awarded a large amount of options in January 2025
Historically cyclical and bottom cycle may be ending soon
Cons:
Debt is not well covered by operating cash flow
P/E of 57.93x
May see further near-term declines in share price with poor earnings ($60s-$70s, bottom is unconfirmed)
Targets (into 2027)
$120.00
$140.00
$149.00
$199.00
$220.00 (long-term outlook)
Retractable Technologies | RVP | Long at $0.76Retractable Technologies AMEX:RVP is a cyclical OTC stock that may be in a consolidation / accumulation phase for a major rise in the next 1-2 years. The reason this stock got my initial attention is the CEO bought $800,000 worth of shares over the last two years, with his buy range between $0.60 and $1.28. Pulling up the chart, my historical simple moving average (SMA) line seems to predict (quite well for this ticker) the sudden rise in price (i.e., as the SMA lines get closer to the price, there is a jump in price). The stock only has a 13.1 million float.
Between 2017 and 2019, the stock price consolidated near the levels seen during the last two years. Then, once my selected historical SMA reached the price, it jumped, consolidated further and rose to over $21.00... Now, I don't necessarily think the price will rise that high. There are currently two open price gaps on the daily chart (highest near $6.00) that may get closed.
I may be very early, on time, or the stock could go to zero. But if the CEO is going to risk that much for a current penny-play, I will dabble in the risk and simply be patient until SMA connects with the price.
Nothing to discuss regarding the fundamentals of this one (not great)... it's purely a technical analysis play.
Target #1 = $1.00
Target #2 = $1.25
Target #3 = $1.50
If it soars...
Target #4 = $4.18
Target #5 = $5.90
Trading Plan for ONDO: Is This A Lifetime Opportunity?Do you know that in the next 6 days, you may have the opportunity to stack more COINBASE:ONDOUSD tokens at a lower price per token?
The current circulating supply will increase by 200%, diluting the token's current valuation.
I am a long-term holder of ONDO, but seeing the on-chain data about the future token unlock, I decided to offload some of my bags at $1.2 per token.
Why?
My entry price range was between 12-16 cents, it is okay to take some profits because there is an opportunity to buy lower and increase the amount of ONDO in my portfolio.
This is not a short signal, please. The trading plan is focused on buying when the opportunity presents itself, then we ride it to the top again.
Take note of the entry prices and stop loss level!
NB: this is a swing trade, if you have no patience to ride the momentum, or swing trade is not your thing, please ignore the analysis.
Do you have any questions about this analysis? Share in the comment box without sounding rude to anyone.
If this analysis makes sense to you, follow me now for more. Like the analysis and share it with your friends.
Cheers!
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
50 SMA Rising - Swing TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
50 SMA Rising strategy. Suitable for Swing Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade for 2 to 4 weeks.
Target & Stop loss shown on Chart. Do not Forget to Exit if Stop loss Hit.
Be Discipline because discipline is the Key to Success in the STOCK Market.
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
Still in Uptrend Trail by 50 SMA if price close below 50 SMA Exit
50 SMA Rising - Swing TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
50 SMA Rising strategy. Suitable for Swing Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade for 2 to 4 weeks.
Target & Stop loss shown on Chart. Do not Forget to Exit if Stop loss Hit.
Be Discipline because discipline is the Key to Success in the STOCK Market.
#ES! #short-term bearish sign. #long-term BUY! S&P 500#ES! short term bearish sign. #Buy the dip.
Retest of the support levels to attract more buyers and turn into Bullish trend.
Watch the key levels- support 5740 ,
sink below this levels may push 5640 level gap up
Retest 200 ma
trendline support
possible to fill the gap up area
EUR/USD (EU) Analysis (Daily Timeframe)Recently, we’ve observed a distribution phase in EUR/USD, followed by a markdown , confirming the overall bearish trend visible on both the daily and weekly timeframes.
Key Observations:
Bearish Structure:
On the daily timeframe, price is consistently creating supply zones and showing strong reactions to them.
The market structure confirms the downtrend with the formation of lower lows and breaks to the downside.
EMA Interaction:
The price is currently surfing downward along the EMAs , which are acting as dynamic resistance and reinforcing the bearish momentum.
Scenarios to Watch:
Continuation: Price could continue its markdown, heading toward the short-term target and potentially testing the psychological level of 1.0000.
Re-distribution: There’s also a possibility of a move upward, creating a re-distribution phase to accumulate enough liquidity for a stronger push below 1.0000 .
Fundamental Insights:
Strength of the US Economy:
The US dollar remains strong due to:
Higher interest rates maintained by the Federal Reserve to combat inflation, which increases the demand for USD-denominated assets.
Strong labor market data , with low unemployment and rising wages supporting consumer spending.
Positive GDP growth , reflecting resilience in the US economy despite global economic challenges.
Weakness in the Eurozone:
European economies are facing multiple headwinds, including:
Energy concerns driven by geopolitical tensions, leading to higher costs for businesses and consumers.
Slow economic growth as inflation continues to weigh on consumer spending.
Divergence in monetary policy , with the European Central Bank (ECB) appearing more cautious about aggressive rate hikes compared to the Fed.
The combination of these factors makes the USD fundamentally stronger, while the EUR struggles under the weight of economic and geopolitical challenges.
My Perspective:
Given the strong bearish structure, EMA surfing, and fundamental backdrop, I expect further downside momentum. However, the possibility of a re-distribution phase cannot be ruled out, especially if liquidity is needed to push below the 1.0000 level. Staying cautious and reactive to price action around key levels will be crucial.
GOLD Analysis (Daily Timeframe)Gold has been extremely bullish for a while, consistently breaking to the upside and creating higher highs , accompanied by the formation of demand zones that were later mitigated for continuation.
The last significant move was a reaccumulation (Re-acc) phase, which revisited unmitigated demand zones. From there, we saw a bullish reaction. However, due to low year-end volume , Gold hasn't been able to break its previous high. Since then, it has been ranging in the same area.
Key Observations:
Bullish Volume Returning:
Recently, bullish volume seems to be picking up, signaling the potential start of the next leg upward.
EMA Interaction:
Previously, the price was "surfing" along the EMAs, demonstrating a strong trend-following behavior.
Currently, the EMAs have tightened significantly, which often signals an impending price expansion—a strong indication that volatility and directional movement may resume soon.
Two Scenarios in Play:
Gold may continue ranging before breaking to the upside.
The current move may sustain and lead to a new high.
Liquidity Trap:
The reaccumulation created a cloud of liquidity , with many traders now eyeing potential sell opportunities due to:
- The break to the downside.
- The formation of equal highs , often misinterpreted as bearish.
This could very well be a Smart Money Trap , fueling a bullish move as liquidity is taken.
My Perspective:
I remain optimistic about the bullish scenario , as the overall market context suggests a continuation of the upward trend. This is a critical area to watch, and I will monitor closely for confirmation of the next move.
XRP (Ripple) breaksout from Bull Flag after 50DMA testPeter Brandt brought to my attention via X that bull flag broken to the upside after 50DMA test from Ripple. We have a decisional level above which indicates the maximum level pre the multi-year bear market that needs to be surpassed. Still I thing is nice to have it in our radar.
XRP/USD 12/17/2024XRP/USD Daily Chart Analysis
XRP is one of the OG altcoins that has maintained significant hype over time.
• Accumulation Phase:
After being dropped on Coinbase in July 2023, XRP experienced a steady decline, entering an accumulation stage that persisted through November.
• Breakout and Uptrend:
In mid-November, massive volume flooded into the coin, breaking it out of its accumulation phase. Following this breakout, the price entered a strong uptrend, consistently respecting the 10-day EMA.
o The uptrend pushed the price +265% in just two weeks.
• Consolidation and Triangle Formation:
After reaching its peak, the price began consolidating sideways, forming a triangle pattern. For those who missed the initial breakout, this pattern provided a potential entry opportunity.
• Current Price Action:
Today, the price has broken above the triangle pattern, signaling a continuation of the uptrend. The 10-day EMA remains intact as support, reinforcing the bullish sentiment.
o The MACD is in bullish territory but still below its signal line. However, the contracting MACD histogram indicates a possible MACD crossover above the signal, which could provide the momentum needed for a sharp move upward.
o Expect volume to increase, similar to the initial breakout phase.
________________________________________
Trade Setup (Long Position):
• Entry: 2.5427
• Stop-Loss: 2.1213, -16.57%
• 1st Target: 3.6723 (+44.43%) | Risk-Reward Ratio: 2.68
• 2nd Target: Trailing the 10-day EMA on the daily chart.
________________________________________
Conclusion: With the breakout from the triangle pattern, the strong 10-day EMA support, and the improving MACD setup, XRP looks poised for another substantial move north. Volume is expected to flood in, mirroring the breakout momentum observed in mid-November.
XIT LongRe entry on this ETF, Tech is doing what it does, for some reason XIT is out performing TEC and XQQ. I am thinking the Canadian tech market is being pulled up by the Crypto ETF's. Will trail SL as usual on weekly HK candles. Being cautions as it feels a little like a revenge trade due to being stopped out recently on this ticker.
RUSSELL 2000 at 200 day SMA#TGIF. A simple chart to end the week. The US Small Cap index Russel 2000 its just hovering above its 200 Day SMA on the daily chart. Every time this happened in the last 1 year it was a bullish indicator in a medium term. The 50- and 100-Day SMA are below the 20 Day SMA which is a short term bearish indicator.
MAHSING - BULLISH HAMMER CANDLESTICK ?MAHSING - CURRENT PRICE : RM1.81
MAHSING is bullish as the share price is above 50 and 200 days EMAs. After declining for two days, today the stock made a bullish hammer candlestick. This scenario may indicate that potential bottom had reached. Aggresive trader may decide to buy on this hammer candle.
ENTRY PRICE : RM1.79 - RM1.81
TARGET PRICE : RM1.92
SUPPORT : RM1.74 (the low of hammer candle)
Notes : MAHSING forged key partnerships with Bridge Data Centres (BDC) to drive the development of state-of-the-art data centre facilities. The Mah Sing DC Hub@Southville City, Bangi currently holds 300 MW of secured power capacity, with an additional 200 MW earmarked for future collaborations, solidifying its role as a major regional data centre hub.