Moving Averages
Indraprastha Gas Ltd-Bullish swing- Will this trend continue?
30.07.2024
Buy 553
Target 589.5
Stop Loss 517
Risk: Reward - 01:01
1. Inside candle breakout in day TF
2. Upward channel and previous resistance breakout
3. Retracement after breakout at good FVG and thus resistance turned to support
4. Oil & Gas sector is in good momentum
5. Good Volume breakout
6. Price rejection from 21 EMA NSE:IGL
Dollar Tree | DLTR | Long at $67.00Dollar Tree NASDAQ:DLTR has taken a massive hit to its stock price as low-income spenders are cutting back (recession red flag, anyone?). It recently touched my selected "crash" simple moving average area (white lines on the chart) and may take many years before true recovery occurs. However, the Director recently bought $150k+ in shares after this recent drop, showing confidence in the company as a whole. I don't think we'll see all-time highs again for some time, but I believe at $67.00 there is a longer-term opportunity into 2026 and beyond. This does not mean I feel the bottom has occurred yet. I wouldn't be surprised if it hits around the $50.00 mark with more bad economic news. No one truly knows. But, I personally choose to position build over time while using charts and fundamental information. At $67.00, NASDAQ:DLTR is in a personal buy zone. If it drops further and fundamentals don't nosedive, more shares will likely be added.
Target #1 = $81.00
Target #2 = $88.00
Target #3 = $94.00
Short Term - BTC LONG - Inside of chopCurrently still inside the consolidation area on LONG TIME FRAME.
Looking for 60,100 in near term.
Broken downtrend, volume, lets see if we can flip 58,500 to support.
This will be confirmation of the trade.
Invalid on lower lows or break of 100 EMA or 200 EMA.
Control your risk.
NOT FINANCIAL ADVICE
Liberty Media Corp | LSXMA | Long at $21.00Liberty Media Corp NASDAQ:LSXMA may have just double bottomed near $20. If so, it could mark the beginnings of a turnaround in price (especially during this political season). However, I am staying cautious. Warren Buffet was diving into this name a little too early for my taste, but now it is in a personal buy zone if it can stay above the $20 mark in the near-term.
Target #1 = $25.00
Target #2 = $30.00
Target #3 = $43.00 (long-term view...)
50 SMA Rising- Long Term - ETFDisclaimer: 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.
Buy above the High of Last Trading Price. This is 50 SMA Rising Strategy. Suitable for long term Investment Exit if Price close below 30 SMA on Weekly chart.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
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.
It 50 SMA Rising. 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 - 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.
It 50 SMA Rising. 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 - 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.
It 50 SMA Rising. 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 - 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.
It 50 SMA Rising. 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
Darvas Box Startegy - Breakout StockDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only.
Stock has given break out. Buy above high. Keep this stock in watch list.
Buy above the High and do not forget to keep stop loss, best suitable for swing trading.
Target and Stop loss Shown on Chart. Risk to Reward Ratio/ Target Ratio 1:2.
Stop loss can be Trail when it make new box.
Be Discipline, because discipline is the key to Success in Stock Market.
Trade what you See Not what you Think.
INTC swing tradeI have entered another swing trade on INTC this time a bit safer. I went with Jan 22.5$ strikes here on this small dip, the market is on fire right now and the stock is currently valued at about what net assets are valued at. The weekly stochastic is waking up, I have updated the fibs and my profit take will be tapping the 20 EMA (red moving average). I would not be surprised to see this entire gap fill in the coming months if the management team can continue to pay down debt, reign in the dividend, and focus on getting out of this mess.
NOSANA - 6 MONTHS OF GROWTH - TOP END TARGETS FOR ALTSEASONMany reasons to be bullish on Nosana!
Looking at the 3-day chart for NOS/USDT, we are currently at a critical support level that aligns with historical price action and the 0.236 Fibonacci retracement of previous move at $1.7884.
The chart suggests a long from this zone, with a trajectory towards the upper resistance levels indicated by the Fibonacci extensions. Key targets are:
Important Level 1: $7.9474 (Previous Highs)
Sell Target 1: $13.5159 (1.272 Fibonacci extension) (7x from these levels)
Final Sell Target: $26.5585 (1.618 Fibonacci extension)
I’ve marked the Sell Zone in red between $13.5159 and $26.5585. This is where I plan to begin offloading positions and look for a retracement or consolidation period, as the asset could become overextended.
Volume is picking up, and momentum indicators suggest the start of a reversal. The blue curve illustrates a projected rise in price action as the market starts to recover. I'm anticipating a significant increase over the next 192 days, with a potential gains of +2,000% to the $24-$26 price zone.
It's important to monitor how the price behaves in this area and whether it can hold above critical support levels like $1.79 and $1.27, or if it retests the lower boundary.
Disclosure: This is not financial advice. Please do your own research and consider your risk tolerance before making any trades.
Semiconductors and the Long-Term TrendChip stocks have been climbing since early last year. Now, after a healthy pullback, some traders may look for the longer-term uptrend to continue.
The first pattern on today’s chart of the Philadelphia Semiconductor Index is the rising 200-day simple moving average (SMA). SOX bounced at this SMA in late 2023 and again last month. The most recent price action suggests it may remain support.
Second, August’s low occurred near April’s trough. The level was above any level seen in any previous year, which may suggest new support has been established in new record territory.
Third, stochastics are rebounding from an oversold condition. Other similar moments, followed upside in price, are marked on the lower study.
Next, some individual members of the space have potential patterns, aside from leader Nvidia NASDAQ:NVDA .
Micron Technology NASDAQ:MU could be forming a potential double bottom around $85. Applied Materials NASDAQ:AMAT has a similar formation around $175. Interestingly, both levels are slightly above their respective prices at the end of last year.
Do these signal bullish reversals?
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EUR/USD Trading Analysis With Volume ProfileOn EUR/USD , it's nice to see a strong sell-off from the price of 1.10400. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again.
The downtrend combined with the strong volume area with Weekly POC are my main reasons for this short trade.
Happy trading,
Dale
Negative signals on Microsoft as AI plumet on the wayWe identify a negative shoulder-head-shoulder formation which at it's end touches the 200 day line, all ahead of today's news that the chip maker's market is plumeting. Additional put/sell signals are triggered when the trend lines confirm or the price won't come back over 200D.
Microsoft is renown for its involvement in AI products, especially in OpenAI. The demand for chips halted when NVIDIA recently postponed the release of Blackwell, the next generation of AI-propelling chips. Data centers equipping for future demands on AI business withhold investments as they won't run with the current generation of chips for the short period of time until Blackwell is launching, but with the latest generation and cutting-edge technology for the maximum time possible.
Meanwhile the think tank and advisor to U.S. Military and Government, RAND Corporation , surveyed why AI projects in the industry fail:
Miscommunication or misunderstanding what problems need to be solved using AI, following a false perception of what AI can actually do - beginning with the impression the term "AI" makes to non-tech persons.
Organizations lack the necessary data to adequately train effective AI models. The necessary amount of data might never be acquired due to diverse obstacles on collecting them.
Organizations focus more on using the latest and greatest technology than on solving real problems for their intended users. Therefore, the circle of problems where AI solutions are applicable, might not be as big as initially thought. This is what happened to the blockchain.
Organizations might not have adequate infrastructure to manage their data and deploy completed AI models, which increases the likelihood of project failure. Infrastructure for serious AI is exhaustive and needs up to 300-times bigger databases and hardware equipment than for regular software services. Then again, you have to feed it all with the required amount of data, of which, as pointed out earlier, is not enough there.
AI projects fail because the technology is applied to problems that are too difficult for AI to solve. This is a general problem on the current generation of AI, as it lacks the required spark of creativity to originate ideas which are not based on patterns earlier learned. In other terms, generative, LLM-based AI, which is the current generation, would never be able to be a pioneer in anything, because it remixes mash-ups from earlier experience, at best!
The current dips of chip makers, combined with the problems of sourcing sufficient data and industry becoming more and more disenchanted with AI, might trigger another tech bubble burst, which, if it happens, would be imminent right now.
$SPY September 12, 2024AMEX:SPY September 12, 2024
15 Minutes.
AMEX:SPY managed to hold recent low of 539.44 by making a low 539.95 and reversing.
So again it touched top of channel as seen and bounced back.
Even the close of 539.95 bar was good being at top of bar, we have oscillator making LL for the two lows 543.4 and 539.95.
Hence i expect a retracement first.
Considering the rise 539.95 to 553.36 if AMEX:SPY holds 548+ levels uptrend continues.
So as long as 545 is not broken we can expect one more move towards 560-563.
I will not short as ass values above moving averages.
Yesterday covered short at 540.5.
My stochastic indicator has turned from red to green bar as seen. Hence any retracement is a buy for me until any change.
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.
It 50 SMA Rising. 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
Darvas Box Strategy - Breakout StockDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only.
Stock has given break out. Buy above high. Keep this stock in watch list.
Buy above the High and do not forget to keep stop loss, best suitable for swing trading.
Target and Stop loss Shown on Chart. Risk to Reward Ratio/ Target Ratio 1:1 & 1:2.
Stop loss can be Trail when it make new box.
Be Discipline, because discipline is the key to Success in Stock Market.
Trade what you See Not what you Think.
Darvas Box Strategy - Breakout StockDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only.
Stock has given break out. Buy above high. Keep this stock in watch list.
Buy above the High and do not forget to keep stop loss, best suitable for swing trading.
Target and Stop loss Shown on Chart. Risk to Reward Ratio/ Target Ratio 1:2.
Stop loss can be Trail when it make new box.
Be Discipline, because discipline is the key to Success in Stock Market.
Trade what you See Not what you Think.