Netcare has been in its downtrend since May 2023... It shortly dropped from R16.00 down to R13.68. And then, the price has been meandering in a downtrend below the 200MA since... As long as it stays in the Vuvuzela Formation, it will continue to go down. We need a strong breakout and for the price to close above the resistance of the pattern, before we put...
Tesla (TSLA) has been trading within a Channel Up pattern ever since the January 03 2023 market bottom. Since last week, it is staging a rebound sequence as it hit and held (closed 1W candle above it) the 1W MA50 (blue trend-line) which happens to be on top of the 1W MA200 (orange trend-line). Technically that is the bullish leg towards a new Higher...
Rivian has found support inside April's HL Zone while the 1D RSI flattened. The 1D technical outlook is only slightly bearish (RSI = 42.485, MACD = -1.120, ADX = 38.728) despite being inside a Channel Down since July 27th. Technically it is replicating the January-April correction, which eventually bottomed when the 1D RSI flattened. We use the 1D MA200 rejection...
Looking back to 1928, when the time series for the S&P 500 began, U.S. equities have had an average annual price return of 5.9%. But gold isn’t far behind with an average yearly gain of 4.9%. It can be instructive to reprice equities in gold terms by dividing the S&P 500 index by the dollar price of gold. The S&P 500 to gold ratio has been through broad swings...
Hello ladies and gentleman,according my analysis To DAQO New Energy corp STOCK.there is agreat probability long to 29usd .
Apple Inc. has managed to carve out a silver lining in its latest financial performance, with iPhone sales witnessing a 2.8% increase despite a general downturn in hardware sales. This growth stands in stark contrast to the significant declines in Mac and iPad sales, with Mac sales plummeting by nearly 34% over the year, highlighting the fierce competition and...
Caterpillar Inc (CAT) has recently demonstrated significant upside potential according to the latest technical analysis. Let's delve into key points supporting this positive outlook: Recent Developments: On October 31, 2023, CAT's stock price touched a critical support area at $228.37, marking its lowest level since June 2023. The significance of this level is...
I must admit despite all the TA I have tried with this name, profit has eluded me because most upward action has bee around ER. I have tried not hold big positions into ER, but this name has proved me wrong last three times. Bounced off of 60 VMA nicely an caught fire. another test of 45 or flag above would set this up nicely for 60. despite sluggish...
Hello traders! Enter: 1.07550 Stop loss: 1.07800 Target: 1.05400 Be careful with the positions! War is unpredictable! Wait 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! Scenario number 1: The pair is in the canal scheme and in the accumulation area. If the price does not break the level (1976.00), then the pair will continue the channel scheme with the target (1924.00). Scenario number 2: If the price breaks the level (1976.00), then the pair will continue by retesting the levels: (1908.00) and (1885.00). Be...
Some exciting developments have come to light for Tesla and their CEO Elon Musk! Technically, price has been falling since the beginning of August with its Highs and Lows outlining what looks to be price traveling in a Bull Flag! If we want price to travel higher, we need a solid Break and Close above the Falling Resistance! Fundamentally, Tesla announced its...
Here we have the Apple Stock on the Daily Chart showing signs of a Falling Wedge! Consisting of Lower Highs and Lower Lows into a Pinch Point where typically we should get a BULLISH break! Technically, if we want to see this stock rise again, we need a good break of the Falling Resistance of the Wedge and with current news events and movements the tech giant is...
Markets (stock, crypto, forex, precious metals) may be in big trouble if the weekly close tomorrow remains above this wedge, and we head north of the two targets posted above. TVC:DXY has broken above a falling wedge after testing the top of monthly support. On its attempt to test monthly support, over two weekly candles, both closed above it and wicks failed...
In this analysis I want to take a look at three lesser known long-term indicators. Since we're looking over a long period, I found the monthly chart to offer the most clarity. Keep in mind that these indicators signal long-term (>2 years) changes in trend. We can still experience short-term dumps, whilst the long-term trend is bullish. Indicator 1: Chaikin...
Gazprom is always a good hedging opportunity. We are looking forward to develop a strategy to hedge risks with this stock to invest in their peers and relatives for the balanced stock portfolio. Our favourite volatility indicators show quite harbour for the Gazprom Stock and ask for help about whether Gazprom will or will not be outrun Company to develop a good...
H i, I looked at Pfizer's chart and it looks like this deep correction won't stop until the $30 zone. The fact that side effects have developed worldwide due to the Covid vaccine and many people have filed lawsuits against pharmaceutical companies probably also plays a role in this deep decline. There is a lot of money in the pharmaceutical industry, so I think...
NASDAQ:SITM ::90::210::130%::3 months Good potential for the next months. Does not constitute a recommendation #investing #stocks #idea #forecast #furoreggs
NYSE:LPL will continue 5th wave of growing trend. Potential is 20-25% during a month. NYSE:LPL ::6:16->7.65::+24%::May 2023 Does not constitute a recommendation. #investing #stocks #idea #forecast #furoreggs Please, subscribe and challenge my point of view )