Technical Analysis and Outlook: In this week's abbreviated trading session, the S&P 500 index has again shown a constant upward trend. Current price action exhibits a solid indication to hit our completed Inner Index Rally 4590 on July 27, 2023, and move higher to Inner Index Rally #1 4647 and #2 4713, respectively. However, it's important to note that the market...
✅AMAZON has been growing recently And the stock seems to be locally overbought So as the price has approached a horizontal resistance of 147$ Price fall is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅SPY is set to retest a Strong resistance level above at 459$ After trading in a local uptrend for some time Which makes a bearish pullback a likely scenario With the target being a local support below at 452$ SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
As stated in previous posting, AUTO has completed the small wave and looking for bigger wave completion. Still long journey but hope for the best.
Dear Esteemed Members of the TradingView Community, I n our continuous pursuit of precision, we've harnessed the analytical power of cutting-edge AI technology, utilizing a harmonious blend of Autoregressive Integrated Moving Average (ARIMA) and Seasonal Decomposition of Time Series (STL) methodologies to decode the market trends from June 26, 2023, to November...
I n the ever-evolving realm of finance, artificial intelligence (AI) is emerging as a powerful tool for investors. By leveraging AI's analytical capabilities, investors can gain insights into complex market dynamics, identify subtle patterns, and make informed trading decisions. In this article, we will delve into the intricate stages of a downtrend, applying AI...
We have presented our short-term view on Tesla (TSLA) 3 weeks ago (see chart below) when we issued a buy signal on the Inverse Head and Shoulders (IH&S) bottom pattern that transitioned into a Channel Up, similar to the Aug 18 - Sep 15 bullish leg, that is very near to hit the $250 target as part of the Lower High formation on the 4-month Channel Down: On the...
Made a buy position in bdl with a target of 1333. 20% I guess is a good target although my strategy is to attain 2% a week but why loose an oppurtunity.
Hello traders! At this moment, the pair is in the consolidation zone. Wait for the moment to enter the trade. Preference is for sell. Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
European equity markets, especially the German DAX, are poised with a bullish sentiment despite concerns about a potential economic slowdown in 2024. Analysts surveyed anticipate a moderate increase in European benchmarks, projecting a 4.1% rise for the pan-European STOXX 600 index and a 2.5% increase for the Euro STOXX 50 index by the end of next year. Amid...
VST Industries Ltd. CMP – 3278.05 (Long Term Investment Idea) (High Dividend Yield Stock) Market Capitalization Rs 5,061.9Cr Red Flags:🟥 Declining cash from operations annual FIIs are decreasing stake Green Flags:🟩 No debt Zero promoter pledge MFs are increasing stake Improving annual net profit Dividend Yield @CMP = 4.60% Previous Happy Candles Number –...
The ORCL share price continued to climb, reaching the turquoise Target Zone (coordinates: $115.76 - $122.90). The magenta-colored wave (2) should now be completed within this range, the high of which should be followed by a countermovement to the downside. Currently, the upward momentum has flattened somewhat, but can still hold at the high levels. Accordingly, we...
In 2022, the stock market took a hit and the US Dollar gained strength due to higher yields in the US. Toward the end of that year, as yields eased off, the US Dollar lost some of its power, and this coincided with a rebound in stock market performance. Now, as yields are climbing once again, the US Dollar is regaining strength, but it seems like stocks are...
BTC has been consolidating for nearly a month now. Not a lot of of trading in one direction, but short-term trends being reversed quickly. Note that the price has consistently making higher-lows, whicb is a sign of strength. On the other hand, the 38.000$ area is getting notorious. Every time that the price reaches the top resistance area, a quick sell-off...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📦 NYSE:SNAP has been confined within a range for nearly a year , indicating a significant accumulation phase. 📈 For bullish momentum to prevail, a decisive break above the upper boundary at 14.0 is crucial. In such a scenario, the Markup phase would initiate, propelling...
Rocket Lab USD (RKLB) has been consolidating for exactly one month (blue Arc pattern) after touching the Higher Lows Zone and now uses the 1D MA50 (blue trend-line) as its Pivot. We can see the very same consolidation pattern during the previous two market Lows (April - May 2023, June - July 2022), which gave enormous rallies of +114.46% and +105.08%...
"North American operations With headquarters in New York, our bitcoin mining operations span the United States and Canada represent a mining fleet with significant scale." Looks Great!
Thyrocare Technology Ltd. CMP – 560.40 (Long Term Investment Idea) Market Capitalization Rs 2,966.2Cr Red Flags:🟥 High Valuation (P.E. = 45.7) Declining annual net profit MFs are decreasing stake High promoter pledge Green Flags:🟩 No debt FIIs are increasing stake Improving cash from operations annual Dividend Yield @CMP = 3.34% Previous Happy Candles...