SP500 keeps trading higher in an impulsive fashion with five subwaves up in late stages when looking the 4h time frame. As such, be aware of some slow down as the market approaches the 4660 or 4740 area.
Palantir (PLTR) is trading within a 16-month Channel Up and is right now below the 1D MA50 (blue trend-line) and above the Channel's median. Once the 1D RSI hits again the Support Zone, it will be a buy opportunity again (assuming it also hits the Channel's median). The previous Bullish Leg on the median rose by 58.85%. As a result our target will be $25.00. This...
Show some weak signs: 1- Resisstence level at 6590 2- 200 Moving average resistance if price can't break resistance target will be: TP1: 6200 level
Show some weak signs: 1- Double top 2- Traingle after strong down move There is no sign yet for price to go up RSI under 50 and RSI MA, if price continue down target will be: TP1: 200 MA TP2: 4257 level
Hello traders! Entry: 1975.10 Stop Loss: 1972.00 Take Profit: 1988.00 Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
Hello,Traders! SPY is trading in an uptrend And the price broke the key Horizontal level of 460$ Which is now a support and After the pullback and retest I will be expecting a Bullish continuation Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
MMTC Ltd. CMP – 59.95 Market Capitalization Rs 8,992.5Cr Red Flags:🟥 High Valuation (P.E. = 51.7) Green Flags:🟩 No debt Zero promoter pledge MFs are increasing stake Improving annual net profit Improving cash from operations annual Previous Happy Candles Number – 36/100 New Happy Candles Number – 81/100 Fresh Entry/ averaging / compounding after closing above...
Broadcom Inc is overbought on the 1D technical outlook (RSI = 75.003, MACD = 23.960, ADX = 31.411) but on the long term it is only testing the middle of the 1 year Channel Up pattern. This recent rally was initiated after the 1D MA50 held on December 6th. If the middle of the Channel Up breaks, we will go long and target the top (TP = 1,300) as it could be a...
Hello guys There is sell order in MBG stock . I hope you enjoy it
Advanced Micro Devices (AMD) hit our 133.15 target that we called for a month ago (see chart below): The price is now extending the rise within the multi-month Channel Up, approaching the 0.618 Fibonacci Channel level. This is where the March 23 High was made with the rejection that followed, approaching the 1D MA200 (orange trend-line). As long as the...
Hello traders! Entry: 2080.00 Stop Loss: 2091.00 Take Profit: 1870.00 Be patient and wait for the breakout to enter the trade. Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
Hello traders! Gold is currently in the accumulation zone. In my opinion, the pair will reach the level of 1970.00, since it is (78.6% long-term fibonac) with a target: (1990.00) ; (2002.20) ; (2027.00) Be careful since Wednesday is the FOMC. Be patient and wait for the break to enter the trade. Be careful! Don`t forget to look at the economic calendar! MAKE MONEY...
Punjab & Sind Bank Ltd. is engaged in the Business of Deposits, Loans & Advances and Remittances & Collections. Punjab & Sind Bank Ltd CMP is 44.45. The Negative aspect of the company is moderate valuation (P.E. = 25.7). Company's Positive aspects low debt, zero promoter pledge, MFs are increasing stake, improving annual net profit, Improving cash from...
DCM Shriram Ltd. is a diversified company with business in Agri, chemicals, plastics, cement, textiles and energy services. DCM Shriram Ltd CMP is 960.15. The Negative aspects of the company are Declining annual net profit, MFs are decreasing stake. The positive aspects of the company are No debt, zero promoter pledge, FIIs are increasing stake, Improving cash...
Google opened today under the 1D MA50, neutral on its 1D technical outlook (RSI = 48.601, MACD = -0.240, ADX = 32.196). Through out 2023, a 1D RSI value below 50.000 has been a buy opportunity and even more so now that the price is near the bottom of the twelve month Channel Up. This consolidation during the last Bullish Leg of the Channel Up (April 6th - May...
See Chart Above For Analysis. -Price inside HTF weekly/Daily supply -Shrots valid but aggressive so need confirmation + smaller risk -Longs valid inside demand but LTF has shown confirmation -FED Rates Wednesday (Volatiltiy)
Currently, we see that HAG is at the over bough zone. Beside that, RSI & MFI indicator let us know that it 's divergence. I expected, price could be reach to 13.350 then correct. Let see!
When the dollar is running, most other assets are dropping. This has been my experience in the markets and is why the DXY is on my watchlist and is ALWAYS one of the first charts that I check before jumping into the markets. When the DXY is high, that means that people are demanding dollars, and when it's dropping, those dollars are flowing into other assets....