ENPHASE ENERGY (ENPH) Short Play: Bearish Momentum Building!Technical Analysis:
Enphase Energy (ENPH) on the 15-minute timeframe signals a solid short trade setup. The price is moving steadily below the Risological dotted trendline, showing sustained bearish pressure with room for the price to descend further.
Key Levels:
Entry: 78.13
Stop Loss (SL): 85.38
Target 1 (TP1): 69.18
Target 2 (TP2): 54.69
Target 3 (TP3): 40.20
Target 4 (TP4): 31.2
5
Observations:
The price is consolidating near the entry, showing potential to test the lower targets.
The Risological dotted trendline continues to act as overhead resistance, indicating a strong bearish outlook.
Enphase Energy is positioned for a potential decline with all targets set. Traders should watch for a breakdown below TP1 to confirm continued bearish momentum and aim for deeper targets!
Nasdaq
Importance of the 20212.7-20357.0 section
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There may be differences in the support and resistance points I mentioned in the previous idea due to changes in the indicator you are using.
Please understand this.
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Since indicators are expressed according to the movement of price or trading volume, it is not good to blindly trust indicators.
However, if you look at the movement of the indicator, you can have time to decide how to respond in the future.
In that sense, I think the StochRSI indicator is showing signs of creating a double bottom.
In the meantime, if it enters the oversold zone, I think it is highly likely that it will lead to an additional decline.
Therefore, if it falls from 20212.7, it is expected to fall to around 19823.6.
Therefore, whether there is support around 20212.7-20357.0 is an important issue.
The most important support and resistance area is around 19582.6.
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Have a good time.
Thank you.
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NASDAQ Tight buy on the support level.Nasdaq / US100 just hit the Rising Support of October.
This is the level where the late September correction bottomed and a new bullish wave started.
Initially it hit the 0.618 Fibonacci level and then pulled back to the Rising Support again.
With the 1hour RSI deeply oversold, we see the current level as a strong buy opportunity.
Buy and target 20280 (Fibonacci 0.618).
Previous chart:
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Index struggles at Fibonacci resistance amid concerns.The index appears unable to break through its Fibonacci resistance, which is expected given the prolonged impulsive trend and upcoming elections, alongside rising 'no landing' fears. Earnings reports are solid, and with financials (XLF) looking strong, I'm not concerned. The financial sector often serves as a leading indicator for the broader index, so I view the current 2-3 week stagnation as normal. I still see the biggest opportunity in the AI narrative, and will look to buy during pullbacks.
NASDAQ: Approaching lower supports. Two levels you can enter.Nasdaq has turned neutral on its 1D technical outlook (RSI = 52.116, MACD = 179.950, ADX = 45.004) as it failed to make a new High above the LH trendline and is being pulled down towards the 4H MA200 and 1D MA50. Those two are the major support zone and buy entry. But before that, the first is where the price is right now, at the bottom of the dotted Channel Up. The 4H RSI is almost on the S1 level (33.50), which has been the buy signal for October.
So the first buy entry is now, aiming at a +4.50% increase (TP = 20,950). If it fails, add another just over the 1D MA50 and take profit on both after again a +4.50% price increase (TP = 20,650).
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NASDAQ: HTCR | Epic Profitability and Growth to Come ?!HeartCore Enterprises, Inc. (NASDAQ: HTCR) , a leading enterprise software and data consulting company based in Tokyo, is driving significant growth by transitioning to multi-year CMS licensing agreements.
In a strategic shift, HTCR is moving from annual contracts to longer-term agreements, providing clients with extensive support and a robust CMS infrastructure. This change not only benefits customers but also ensures HTCR sustained profitability with recurring revenue streams.
Impressively, HTCR’s Q3 2024 preliminary results show a remarkable increase, with revenue expected between $17 to $19 million, up over 263% from last year. Net income is set to reach $9 to $11 million, a strong turnaround from a $2.5 million loss in Q3 2023.
A key contributor to this growth is the Go IPO business. HTCR reported $12 to $14 million in revenues from warrants issued by its client, SBC Medical Group Holdings. With three more IPOs slated for completion soon, HTCR anticipates further growth in this segment.
HeartCore is also making waves in digital transformation. A new partnership with NTT Data Business Brains will leverage HTCR’s advanced CMS to enhance interactive and user-centric web experiences in Japan.
In a recent press release, the CEO of the company highlighted - with multi-year contracts, HTCR is expected introduce a predictable revenue stream, boosting our profitability. We are excited about the opportunities this brings, and we remain committed to delivering exceptional results in the quarters ahead.
With these interesting developments, it is no wonder why there is significant fund inflow into HTCR’s shares. Analysts from LightHouse Research has also given a BUY rating for the company.
Trump Media Surges! TP1 & TP2 Done – More Targets in Sight!DJT (Trump Media) on the 15-minute time frame, long trade.
Entry: $28.64
Current Price: $34.33 (TP2 hit)
TP1: $30.81 (Hit)
TP2: $34.33 (Hit)
TP3: $37.85
TP4: $40.03
Stop Loss (SL): $26.88
With two targets already hit, the momentum suggests we could see the next targets getting hit soon!
GENPREX Skyrockets 10X After Perfect Swing Entry!Technical Analysis: GENPREX (GNPX) – 15m Time Frame
Trade Overview
Entry Price: $0.35
Current Price: $3.59
Time Frame: 15-minute chart
Trade Type: Long
Key Trade Details:
TP 1: $0.37 (Hit)
TP 2: $0.41 (Hit)
TP 3: $0.45 (Hit)
TP 4: $0.48 (Hit)
Stop Loss (SL): $0.32
Massive Breakout: After hitting all targets, GENPREX saw a significant price surge, now trading at $3.59. This marks a massive breakout, showcasing the potential strength of this stock within the short time frame.
Analysis Summary:
This trade has successfully hit all predefined targets, and the stock price has skyrocketed post-breakout, delivering strong returns. The Risological setup accurately captured the bullish movement, enabling traders to capitalize on this momentum.
2024-10-22 - priceactiontds - daily update - nasdaqGood Evening and I hope you are well.
tl;dr
Indexes - Sideways again. No deeper meaning to it. Nasdaq has not touched the daily 20ema over the last days but is creeping higher again. Lows are bought so it’s reasonable to expect bears to give up unless something unexpected happens (e.g. very bad earnings but the probability is very low). Bull wedge has not a lot of room anymore, so the odds of a big breakout, this week, are good.
nasdaq e-mini futures
comment : We are moving in a nested bull channel inside the bigger bull wedge. We are making higher highs and higher lows again but barely. Buying above 20500 has been unprofitable for a week now but also selling below 20400. One side will give up soon, can wait for the bigger breakout instead of trading this trading range. Having said that, bulls are still in control since bears could not even touch the daily ema for two weeks now.
current market cycle: Bull trend (nested bull wedges)
key levels: 20000 - 21000
bull case: Bulls grinding this higher again but we also see decent selling in between. It’s buy low and sell high inside the channel. Don’t overstay your welcome in positions and don’t bet on a breakout. Their next target is a breakout above the current channel and a retest of 20700. Above that they would need a daily close above 20700 and then market is free to retest 21000+ again.
Invalidation is below 20300.
bear case: Bears need a daily close below 20300. If they get that, next target would be 20200 and then they have a decent chance of testing 19900 again, where the bull trend line from August runs through. So even if they get all that, the downside is probably very limited for now.
Invalidation is above 20700.
short term: Neutral
medium-long term: Very likely a retest of the ath before I expect a correction 10% or more, before another year end rally. I do think we see 21000 before we see 19600.
current swing trade: Nope
trade of the day: Buying the US open 20400 since previous support was 20340ish and upside potential was to 20500 at least.
QUALCOMM Short Trade Hits TP1 – More Bearish Targets PossibleTechnical Analysis: QUALCOMM – 15-Minute Timeframe (Short Trade)
QUALCOMM has reached TP1 (171.92) in the short trade, with the remaining targets still in play. The initial downtrend is confirmed, and we are closely watching for the next targets to be hit.
Key Levels
Entry: 173.07 – The short position was initiated following clear bearish signals.
Stop-Loss (SL): 173.99 – Risk management placed above the entry point to limit potential losses.
Take Profit 1 (TP1): 171.92 – First target hit, confirming the downtrend's strength.
Take Profit 2 (TP2): 170.08 – The next target is set as momentum continues downward.
Take Profit 3 (TP3): 168.23 – Further price movement could test this level soon.
Take Profit 4 (TP4): 167.09 – The final target for this short trade.
Trend Analysis
The price has broken below the Risological Dotted trendline, showing sustained bearish momentum. The price action confirms the downtrend, with TP1 already achieved, and lower targets still within reach.
QUALCOMM has started its downward movement by hitting TP1. We are now observing further bearish pressure to meet the next targets. Risk management remains crucial with the stop-loss in place.
2025 Bright Outlook for Malaysia's Renewable FutureThe Malaysian Budget 2025 has set the stage for significant growth in the renewable energy sector, particularly solar power. With a renewed commitment to transitioning towards clean energy, the government has extended several key initiatives that support the development of solar energy solutions across the country.
This includes the continuation of the Green Technology Financing Scheme (GTFS) with a substantial funding amount of RM1 billion up to the year 2026, which is intended to foster a thriving renewable energy sector in Malaysia.
Additionally, Budget 2025 allocates over RM300 million under the National Energy Transition Fund (NETR), which represents a significant increase from the RM100 million allocated previously. This boost is intended to solidify Malaysia's position as a leader in renewable energy and accelerate the country's energy landscape transformation.
The demand for solar energy continues to grow, driven by the extension of the net energy metering (NEM) program until June 2025. This extension is a critical measure to encourage clean energy adoption among residential and industrial users, further propelling the nation's shift towards renewable power sources.
The government is also providing e-rebates of up to RM70 million to promote the adoption of energy-efficient electrical equipment, which will not only reduce energy consumption but also incentivize businesses and individuals to transition to more sustainable energy solutions.
These initiatives create opportunities for various players in the solar energy field, particularly smaller companies that are well-positioned to leverage the increasing adoption of renewable technologies. For example, Agape ATP Corporation (ATPC), listed on the Nasdaq, is among the smaller players that could benefit from this positive policy environment.
Recently, Agape ATP Corporation's subsidiary, ATPC Green Energy Sdn Bhd, has teamed up with Phoenix Green Energy Sdn Bhd to accelerate the development and commercialisation of cutting-edge solar power solutions in Malaysia. This partnership focuses on developing amorphous thin-film solar panels and related technologies to support diverse applications, particularly in power production, thereby contributing to Malaysia's transition to sustainable energy.
Additionally, Agape ATP Corporation, through ATPC Green Energy, has entered into a strategic collaboration with Xiamen Photons Solar Technology Co., Ltd to develop solar photovoltaic (PV) mounting systems for Malaysia and ASEAN countries.
This collaboration aims to support the ASEAN region's efforts towards a zero-carbon energy future, further solidifying Agape ATP's role in the renewable energy sector and positioning them to make significant contributions to the regional solar market transformation.
NASDAQ Is Approaching A Decent SupportHey Traders, in today's trading session we are monitoring NAS100 for a buying opportunity around 20230 zone, NASDAQ is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 20230 support and resistance area.
Trade safe, Joe.
US100 Analysis: Strong Buy Signal Detected US100 Analysis: A clear buy signal has been detected, indicating a potential surge in the market. Stay updated with our latest insights on the US100 index and capitalize on this opportunity. Follow for expert analysis and accurate trading signals. #US100 #BuySignal #Trading #StockMarket #ElliottWave #ForexSignals
Strong Fund Flow Observed - HeartCore Enterprise Inc.Daily Chart of HeartCore Enterprise Inc. (BUY)
Following the robust guidance from HTCR projecting revenue growth between $17 million and $19 million, alongside a significant increase in net income to between $9 million and $11 million, a notable inflow of funds was observed last Friday. This projected growth—representing increases of approximately 263% in revenue and 305% in net income—has captured investor attention, driven largely by HTCR's strong performance in its software business in Japan and its "Go IPO" initiative, which features around 12 companies poised for public offerings.
From a technical analysis perspective, HTCR has successfully broken through key resistance levels at $0.98 and $1.00, with the $1.00 level now serving as a support. A golden cross was also observed on the 20/50 moving averages, indicating a bullish trend, which is further corroborated by the strong fund inflows represented by red and pink bars on the chart. Given these promising developments, we maintain a BUY rating on HTCR.
XAU/USD : $2700 Reached, What's Next ? (READ THE CAPTION)Upon reviewing the gold chart on the 4-hour timeframe, we can see that gold has finally managed to break above the $2700 level, just as we anticipated in our previous analysis. Currently, it is consolidating above this level. Note that the $2714 level is a key supply zone (based on important Fibonacci ratios) for gold, which is why the price reacted to it. However, at the moment, gold is trading around $2711, and I still expect further growth from gold unless I see otherwise on the chart, in which case I’ll update you. The next short-term targets for gold are $2727 and $2743.7. Keep an eye on how the price reacts to these levels. Also, the most important support zone for gold is between $2673 and $2688.7.
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Best Regards , Arman Shaban
NASDAQ can explode to 25000 if the 1D MA50 keeps supporting.Nasdaq (NDX) appears to be coming off yet another short-term consolidation (ellipse pattern), the kind of accumulation it is accustomed to while trading within its 2-year Channel Up.
As we have established in previous analyses, the index is on its 3rd Bullish Leg of this pattern following the August 05 bottom (Higher Low) on the 1D MA200 (orange trend-line). When the same consolidation took place in the previous two Bullish Legs, the index remained supported by the 1D MA50 (blue trend-line) and went off to complete a rise of +49.50% and +47.80% respectively. The 1D RSI fractals of all those sequences, also display amazing symmetry.
If the rallies are on a decelerating rate, we can expect the next one to hit at least 25000 (+45.50% from the Aug bottom). As you can see, the Higher Highs of the Channel Up tend to form after the Sine Wave tops, while the bottoms are exactly on point.
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USNAS100 Bearish Stability with Bullish PotentialUSNAS100 Technical Analyse
The price looks stabilizing at the bearish zone while below 20330
However, Closing 4h candle above 20330 will be a bullish trend to get 20540
As long as the price trades below 20,330, it is likely to reach 20,180, with sustained movement below this level potentially extending to 19,990.
Key Levels:
Pivot Point: 20330
Resistance Levels: 20480, 20540, 20710
Support Levels: 20180, 19990, 19860
Trend:
- Bullish above 20330
- Bearish below 20330
Nasdaq - Nasdaq will maintain the balance of 20,000?!The index is above the EMA200 and EMA50 in the 4H timeframe and is trading in its ascending channel
If the drawn support range is maintained, we can see the index continue to climb up to the previous ATH
But the valid break of the drawn support range will pave the way for the correction of the index to the bottom of the ascending channel
Within the defined demand zone, one can look for index buy positions with appropriate risk-reward
US100 H4 - Short Signal US100 H4
A slightly higher timeframe here on US100 as compared to the previous US30 analysis, that being said, we have some very attractive trading zones here, 20,500 certainly in the crosshairs, a good area of confluence, ATH price, H4 supply, H4 resistance and a half number trading at 100 points. Which holds as a psychological price level.
You can see we set our alerts for the price, now we simply wait patiently, there are lots of setups to play and trade from this week. After a struggle last week, getting those first sniper entries banked is really important for us. Starting the week strong and picking the best of the bunch.