Moving Averages
Salesforce May Be OversoldSalesforce broke out in November. Now, after a period of consolidation, some traders may see potential for more upside in the software giant.
The first pattern on today’s chart is the March 2024 high of $318.71. CRM probed that level after the election and again in January. Prices have returned to it this week. Will old resistance become new support?
Second, the 100-day simple moving average (SMA) crossed above the 200-day SMA in late November and has approached the stock from below. Those signals may be consistent with a new uptrend that has potential for continuation.
Third, stochastics have dipped to an oversold condition. Investors may now watch for a crossover to signal a potential turn.
Finally, earnings are due after the closing bell on February 26.
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Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
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$SPY February 12, 2025AMEX:SPY February 12, 2025
15 Minutes
Yesterday Gap down not held.
Low was not broken.
For the last rise 603.1 to 605.85 4SPY need to hold 604 levels today for uptrend to continue.
On downside we have strong support at 603 levels being 200 average and 9 day moving average in daily and 600-601 being 21 days in daily.
So, I see a range trade today between 603 to 606.5 ot 607 levels on upside.
$TOTAL Close Lackluster - What This MeansCrypto CRYPTOCAP:TOTAL Market Cap closes another day in its lower range $3.1T, failing to break the 9DEMA.
The TOTAL chart is not given enough credit because most do not understand it.
It’s best used to let us know how much money is sloshing around from narrative to narrative.
Once it definitively breaks that $3.7T range, then a rising tide raises all ships and it's ALTSEASON folks 🚀
Can Micron Undo the DeepSeek Selloff?Micron Technology plunged two weeks ago when China’s DeepSeek model disrupted Silicon Valley. But some traders may see potential for a rebound.
The first pattern on today’s chart is the gap from Monday, January 27. Does that empty space create potential for prices to fill?
Second is the September 12 low at $84.12. MU remained above the level despite the DeepSeek fears. That higher low on the weekly timeframe may be consistent with resumption of a longer-term uptrend.
Third, cautious guidance drove prices lower in December but the memory-chip maker held its September low. That could reflect optimism about business improving.
Next, the stock is below its 200-day simple moving average (SMA). Given secular growth in its business thanks to AI, some investors may see a long-term value opportunity.
Finally, MU has traded an average 215,500 options contracts per day in the last month. (It’s the 13th most active underlier in the S&P 500 in that time, according to TradeStation.) That could help traders looking to position for a rebound with vertical spreads.
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.
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KO Earnings incomingonly a beginner trader and this is not financial advice. I am only using Trading views paper version for practice and have seen a lot of videos on social media regarding boycott of KO after the recent ICE raids. The earnings is for last year Q4 but I feel even if earnings is beat we could see a down fall before a long bullish run. I could be wrong and please share any ideas or tips if you have any.
SUI 50% correction to $1.50 areaOn the above 3 day chart price action has moved up 700% since last August. A number of reasons now exist for a reversal, they include:
1) Broken market structure.
2) Price action and RSI support breakouts.
3) A reliable bearish crossover.
4) No support levels until 1.90. A strike of 1.50 is probable.
5) "Short" active from $4.05 area.
Is it possible price action continues printing higher highs? Sure.
Is it probable? No.
Ww
OMNOM. Bullish Pin Bar/Hammer.If CRYPTOCAP:BTC don't highly dumping, $OMNOM could return to trading range within a few weeks breaking a three-month downtrend which is about 70% . Return to the previous local high is 1,100% . Also, we can interpret this candle as a Bullish Pin Bar with some consolidation or a Hammer. Here, sellers could lose control over the price and there is a high probability that we will see a trend change.
$SPY February 11, 2025AMEX:SPY February 11, 2025
15 Minutes.
AMEX:SPY faced resistance around 604-605 levels being 61.8% retracement number.
We have 3 values.
The rise from 600.05 to 605.5
The last rise from 603.21 to 605.5
And the fib extension 600.05 to 605.36 to 603.21
For the first rise important to hold 602 levels to continue uptrend.
For the second number being the latest rise must hold today 604 levels.
A close below 604 will be supported by 602 levels. So not a day to short.
If we take the extension move, we have targets between 606 to 608 today.
Once 608 is broken and held at least 15 minutes the target will be 611-612 levels.
Figs Inc | FIGS | Long at $5.24Figs Inc $NYSE:FIGS. Technical analysis play first, fundamentals second.
My selected historical simple moving average lines have converged with the stock price, which often leads to sideways trading and a reversal in the downward trend (i.e. future price increase). The downward trend is flattening, but that doesn't mean post-earnings drop to $1.50-$2.00 isn't out of the question...
The FIGS brand is growing within the healthcare world with significant opportunities overseas. While economic headwinds may impede near/medium-term growth, revenue is anticipated to grow into 2027. EPS is expected to rise from 0.01 in 2024 to 0.20 by 2027. While this is not a "value" play and there is high risk for rug pulls, something may be brewing within the chart for a move up. Tread lightly, however...
Targets
$6.00
$6.40
$7.00
$8.00
Estee Lauder | EL | Long at $67.33Reentering Estee Lauder at $67.33 due to the persistence of the Director, Paul Fribourg, buying around $33,000,000 worth of shares between $63-$66 (even after the earnings debacle). While the company had a horrendous outlook for FY2025, the bad news may be already priced in (i.e. cutting 7,000 jobs, weak sales, etc.). A "profit recovery and growth plan" is underway, so buckle up for the high risk of further declines in stock price in the near-term. Personally, a buy and hold at $67.33 with the primary thesis being global expansion (recovering Chinese market) or potential buyout into 2027.
Targets
$80.00
$86.00
ETH all set for a 20% gain retest back to $3300Signals are currently swinging up to Bullish soon looking at daily charts.
🔹 US spot Ethereum ETFs recently acquired 146,540 ETH worth $420.2 million, indicating robust institutional interest.
🔹 Ethereum boosts efficiency by raising gas limit to 36 million, enhancing speed by 20% and cutting fees.
🔹 B3 launching Ethereum futures enhances trading options for Brazilian cryptocurrency investors.
Crypto market crash begins in 14 weeks / May 2025For the past decade, since 2012, a specific pattern has emerged that has consistently proven to be a reliable predictor of when the next market top will occur.
The first 2-day life cross (red circles) that prints after the previous market top has been an accurate predictor of the time until the next market top since 2012.
At most that time is 745 days away and could be as little as 550 days away.
The market top is in not more than 14 weeks from now, mid May 2025. And potentially as early as March 10th at 681 days as with the 2021 bull run.
Is this time different?
Ww
BTCUSD: Accumulation or Distribution?📉 The price dipped below EMA 50/200, likely triggering stops from retail traders. However, the low selling volume suggests large players might be accumulating liquidity at lower levels.
📊 Key levels to watch:
🔹 Break above 98K-100K with strong volume → Confirmation of Markup Phase (bullish continuation).
🔹 Drop below 90K with high volume → Potential Markdown Phase (distribution & further decline).
Volatility is rising. Stay cautious.
Keysight Technologies Sneaks HigherMany of the biggest technology names have struggled lately, but Keysight Technologies could be attempting a breakout.
The first pattern on today’s chart is the July 2023 peak of $172.72. The provider of network-testing equipment ended January making a new 52-week high above that level, which may suggest buyers are taking control.
Second, the 50-day simple moving average (SMA) had a “golden cross” above the 200-day SMA in October. That may reflect a longer-term uptrend.
Third, the 8-day-exponential moving average (EMA) is above the 21-day EMA and MACD is rising. Those signals may reflect a shorter-term uptrend.
Finally, bullish price gaps after the last two quarterly reports may reveal improving fundamentals.
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.
USDJPY - Analysis and Potential Setups (Intraday- 10.02.25) Overall Trend & Context:
The OANDA:USDJPY pair is in an overall downtrend on the higher time frames and has reached highly significant support/demand levels. Lower time frame has given bullish indications, we can try to capitalize on this.
Technical Findings:
Price broke above the 200 EMA - this can act as dynamic support so watch current levels.
Demand zone was formed after sweeping internal liquidity (which resulted in an impulsive bullish break).
RSI shows overbought conditions - resulting in a pullback which is what we want to see to confirm price action (currently trading below the 50% level of the RSI)
Potential Scenarios:
Since we have seen a reaction off HTF supply zones we should wait for proper confirmations prior to entry.
If the demand fails, short positions should be considered - analysis will need to be adjusted to adapt to changing supply levels.
$SPY February 10, 2025AMEX:SPY February 10, 2025
15 Minutes
For the rise 595.99 to 608.13 AMEX:SPY retraced 61.8%. So, 601-602 is a good level to go long with SL 598.
Since the retracement was 61.8% double top is possible around 607-608 levels.
So looks good R:R ratio.
Foe the fall 6018.13 to 600.65 need to cross 605.5 for uptrend.
Hence 601-602 buy will have a target 604-605 levels.
But AMEX:SPY at the moment is below moving averages with 200 and 50 being around 603 to 604 levels which i expect to be resisted.
Hence no trade today.
XAUUSD BULLISHAccording to the wave theory there can be another upward direction move. If any sell impulse wave is formed we will go for a sell trade. But for now we will go for a buy trade and the sl we set here under the last swing low. SR SL TP are given in the chart. The result will be updated soon.
Follow me for more trade setups. I will post the high probability signal on H4 timeframe of XAUUSD.
Downward pressure on XAUUSD concerning geopolitical developmentReports of a ceasefire between Israel and Lebanon have emerged. If confirmed, this could reduce gold's appeal as a safe-haven asset, potentially exerting downward pressure on its price .
On February 8, 2025, Lebanon formed a new government led by Prime Minister Nawaf Salam, ending a prolonged political deadlock. The new administration aims to implement reforms to address Lebanon's economic crisis and to ensure the reconstruction of areas damaged during the recent conflict with Israel. The ceasefire agreement with Israel, initially set to expire, has been extended to February 18, 2025.
OANDA:XAUUSD