Long S50U25@892.10#1 Open long according to the backtesting stats that I have. Position sizing based on a closed system.
Plan to sell at 897.4 because of the gap.
Moving Averages
$SPY January 8, 2025AMEX:SPY January 8, 2025
15 Minutes.
592 was broken.
For the rise 580.5 to 599.7 AMEX:SPY has retraced 61.8%.
For the fall 597.75 to 586.78 592 to 594 will be level to short SL 596
Since AMEX:SPY below all moving averages the short at 592 - 594 will give a target around 584-585 levels in 15 minutes.
For the day long only above 596.
BTC Selloff Reversal. Uptrend ContinuesBTC selloff after Powell's comments Wednesday took us down to the 50 day MA. A correction I've been anticipating. This occurred multiple times on the way up last cycle. The selloff produced a descending broadening wedge on the way down. This often leads to a reversal and that's what I'm predicting and starting to see unfold. My target is 102.3 but i'll be moving SL up as I go.
Possible bear case and short entryNASDAQ:NVDA possible bear case projection with the double-top.
If lost, short entry short entry should wait for a rejection by weekly EMA30, blue box.
Give price a chance to bounce-off $129 and weekly EMA30 before getting beared-up.
Elon can grow by 30%Hi
My name is Fazel
This is my idea
From the combination of Ichimoku and Fibo, you will understand my idea🛫
Thanks for watching me
AUDUSD SHORTbased on the technicals of the 4h and 1h, I would expect this to approach the 0.63000 level once more before falling(asian session). At london open I will be looking for rejection of this level and will begin taking short positions when possible.
Fibonacci Support & Resistances for Nifty (Medium term outlook).Important Fibonacci support for Nifty drawn on daily line chart of Nifty is at 23349. Below 23349 closing bears can have a field day and can create havoc but that looks less likely as of now. The closing today is 23207 which is just above 200 days EMA or the father line which is a good sign. Father line was at 23700. On the upside the Fibonacci resistance for Nifty seem to be at 23902, 24170 (Important Mother line Resistance) 24236, 24467, 24780 and finally Fibonacci Golden ratio from the current levels is at 25185. It will take some doing from the Bulls to close above this level. This presents the medium time frame outlook for the Nifty.
RSI indicator also seems to have taken an upward swing but mid level is yet to be crossed for that indicator.
MACD indicator suggests that Moving averages are fighting hard to converge and bring back some bullish momentum into the market to infuse some life into the Bull who are trying to come out of comma.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Looking very bullish here#Silver needs to push through blue upper for a chance at the wedge breakout.
Price above weekly EMA30 is a good sign..
$SPY January 7, 2025AMEX:SPY January 7, 2025
15 Minutes.
Yester opened gap up. But was not strong and started to reverse.
So today holding 594-595 is important.
It represents 23% retracement for the rise 580 to 599.
Today buy will be above 598.5 and the moment I see 592 strong supports being 200 averages in 15 minutes.
If you can go down to 5 minutes, we opened above 200 and retraced back to 200 support and was up above 200 averages in 5 minutes the whole day.
DOGE is going to 33 centsThanks for reviewing my idea, please like and follow! You don't want to miss out on big moves.
You heard it from me, CRYPTOCAP:DOGE is setting up to double from here and go to 33 CENTS!
Lockheed Martin | LMT | Long at $472.00Lockheed Martin $NYSE:LMT. The war machine keeps turning... while there may some temporary "peace" with the new Trump administration, it is just never (unfortunately) permanent.
The price has entered my historical simple moving average area. If there is a bounce, I expect it to be between the current price of $466.00 and $450.00. I've started a small position at $472.00 and will grab more shares if it hits $450. Now, if the aerospace and defensive industry goes through a downtrend with the new presidential administration, I expect the price to fill the daily price gap near the low $400s - which is only an even better bargain, in my opinion.
Target #1 = $500.00
Target #2 = $535.00
Target #3 = $610.00
Support, Resistance and Bollinger Band suggest limited downside.I have just drawn Supports, Resistance, Mother, Father lines and added Bollinger band to Nifty chart. The indication is limited downside for now in Nifty unless the Chinese Virus is overplayed in the market by the bears and other forces. My discussion with medical fraternity and other knowledgeable people suggest that the threat of HPMV is overplayed and mortality rates might not be as high as COVID in the recent virus outbreak. This is the information I have however I advise utmost caution would wish you to verify the information with friends in the medical field in your knowhow. Currently Bollinger band is not suggesting a heavy downside. However things will be more clear by end of this week as the market plays out. Not more than 2 to 5% (max) down side is visible to me in the short term unless there is a global catastrophe of massive order. RSI has taken a turn hopefully soon it will embark towards bullishness.
Supports for Nifty Remains at: 23249, 23466, 23555. Below 23249 flood gates for further downside can open.
Resistances for Nifty: 23720, 23795, 23855 (Mother line or 50 Hours EMA), 23942 (Mid-Bollinger band level), 24061 (Father line or 200 Hours EMA), 24146, 24231 and finally 24326 (Bollinger band top).
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NVDA closing above resistanceNvidia closed above resistance yesterday and I've placed my buy stop above Mondays high for entry on a continuation of the move higher, both short term and medium term trends are up according to the EMA's and rising lows. My stop will be just below the red candle after the Shooting Star that indicated the double top was in place.
My stop will trail up as price moves higher and forms new support levels.
This is a third entry for me on Nvidia as i continue to build the position.
Trade well and profits follow!
SUI is about to FLY HIGH!So, there was a lot of FUD about SUI being rejected at the $4.98 resistance level and yesterday it passed it. Today we are seeing a healthy test above $5.00 which means that support will now be $4.98 and an upward climb to $10.00 shall commence. Im loading up bags at the daily/weekly close today once the above is confirmed. as long as BTC doesn't go bearish then there is no reason SUI wont continue this climb. Definitely a great opportunity on a solid project. -This is not financial advice...
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
$SPY January 5, 2025AMEX:SPY January 5, 2025
My first post for the year 2025.
60 Minutes.
Downtrend intact.
For the fall 602.47 to 580.50 50% retracement done as there a divergence for the 2 lows 580.91 and 580.50.
So, for the rise 580.0 to 592.6 on Monday holding 587.5-589 levels we can expect 595 as initial target.
for the steep fall from 607 to 580 i would like some more consolidation.
Technically buy will be triggered only above 610 on closing basis in daily.
No trade for me on Monday. Not a good setup.
ADBE Bearish Price Target - $380ADBE has broken below the 200W and 50M EMAs. Further downside can be expected at this point with a potential bottom being at the 0.618 fib level, which is also around the 100M EMA.
A short entry would present itself should price recover to fill the gap around $493-$517
PT: $370-$380
Should price not reach the target, a bottom can be confirmed if the 5D, 10D, and 20D EMAs flip bullish
$AMZN sharp wedge formation on Daily!NASDAQ:AMZN forming a sharp wedge on Daily timeframe, closing above EMA 20.
MDB: Daily Base Breakout with Clear Risk/Reward SetupANALYSIS:
MDB has formed a potential base after the December earnings gap down. Key technical factors align for a swing trade opportunity:
SETUP:
Base formation between 236-246 with increased volume
Clear breakout level with volume confirmation
Well-defined risk parameters with support at 238
ENTRY: 246
STOP: 238 (8 points risk)
TARGETS:
1️⃣ 254 (1R - Initial scale)
2️⃣ 265-267 (Primary target - major resistance zone)
3️⃣ 298+ (Extended target - aggressive)
TRADE MANAGEMENT:
Scale 1/3 at 1R (+8), move stop to entry
Scale 1/3 at primary target
Trail remaining position using 4H uptrend line
RISKS:
Weekly downtrend still intact
Unfilled earnings gap above
Resistance at December consolidation zone (270-280)
Always use proper position sizing and adapt the plan to your own risk management rules.
$MSTR appears to have broken the downtrendStill not 100% confirmed yet.
Price action dipped into the gap, although i would have liked to of seen a bit more time ~$275 to confirm
That would have shown a strong bounce off the .618 Fib as well, so I’m still bit skeptical.
It is very good that MSTR had a full 50% retracement tho from this move up.
I’m expecting it to range sideways at least for a few more days to confirm.
Volume has flipped bullish to suggest a trend reversal.
RSI fully reset to beginning of move.
Price closed above the EMA 9 & 21.
EMA 9 still has not crossed 21, so more hesitation.
Bulls need to step up BIG here for the Weekly Close.
