You know why bear markets are so hard to trade? Because when the market bounces up (just a little), some stocks fly up. ANd this results in stop losses getting hit, before the market comes back down. That's why we need to determine the volatility movement within the indices and stocks and WIDEN stop losses and take profits - to not be victim of these short...
Rivian Automotive (RIVN) hit the Higher Lows Zone and the 1D MACD is close to forming a Bullish Cross. This is a strong bullish combo signal but attention is needed as the price is below both the 1D MA200 (orange trend-line) and the 1D MA50 (blue trend-line). The pattern since the July 27 top is a Bearish Megaphone and Tuesday's low isn't only a Higher Low on the...
Advanced Micro Devices has had an enormously bullish day as a natural result of yesterday's better than expected earnings and this rise closed the session almost at the top of the Channel Down pattern. This was enough to turn the 1D timeframe bullish (RSI = 59.297, MACD = -1.230, ADX = 33.876). This however isn't yet a long term buy signal buy for the first time...
FED's Powell said we are close to end the cycle. The Federal Fund Rate remained unchanged and it seems that we are in the pause cycle and close to rate cuts. SPX historically soared 15% in the pause cycle.
On the weekly chart, Hochschild Mining looks to have broken out from 95.75 resistance. This bottom started to form in July 2022, so it's taken a year and 5 months to complete. As Gold is pushing higher this could mean more to come from this miner? WARNING: This not a recommendation to trade. Do your own research and decide on your own trades.
Introduction Things are looking spooky after the constant rise of bond prices, with the 10-year yield hitting 5% this week, the highest level since 2007. We'll go over how these important patterns are playing out all over again. This is without a doubt a very scary time for the stock market, with rumors of a recession from earlier this year. Should we be...
Mastercard's stock experienced a 5% drop following its latest earnings report, despite surpassing expected earnings. Analysts had predicted earnings of $3.21 per share for Q3, but the actual figure was $3.39. This outperformance, however, did not translate into positive market sentiment, as the stock price fell after the market opened on October 28th. This...
Intel Corporation (INTC) has been trading within a Channel Up throughout the whole year and as you can see on the chart, the pressure points are best displayed with the use of the Fibonacci Channel levels. Last Thursday's bottom on the Higher Lows trend-line couldn't have come at a stronger demand level, as it hit (and immediately rebounded on) the 1D MA200...
Greetings dear comminity! In the vast sea of stock prices, NVIDIA ( NASDAQ:NVDA ) shines distinctively. 💜 If you appreciate our charts, give us a quick 💜 Presently priced at $408, it finds itself ensnared in an intriguing Island Pattern formation. This pattern implies an imminent pullback, with a likely destination being the gap level at $318. For astute...
Electronics mart india ltd. keep an eye. moving around breakout area. Trade long whenever breakout happens.
Apple's foray into the payment industry is impacting PayPal's stock price, causing concern among investors. Analysts are closely monitoring PayPal's third-quarter earnings report to assess the company's current standing and future prospects. Despite projected earnings of $1.16 per share, PayPal's stock has been struggling, experiencing a 32% drop since the...
This is on the monthly chart and very reliable . NAK is nearing a total breakout of a descending trendline in place since 2012. In confluence with this, NAK has been staying around it's floor price for months now. It looks ready to launch from this base. TP #1 = 1.15 (should be easy to reach) TP #2 = 2.50 (likely to be reached longer term) SL =...
MOEX:YNDX good leap to the first goal. In some time we will need to have a short correction and then be ready to move to the heights. Does not constitute a recommendation #investing #stocks #idea #forecast #furoreggs
MOEX:RNFT strengthens the positions and preparation to move to 200. Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view )
MOEX:OZON - I expect it will return to the range between 1200-1330 and only then it will have a power to move ahead. MOEX:OZON ::1900->1330::October 2023 MOEX:OZON ::1200-1330->2900::Sep 2024 Does not constitute a recommendation #investing #stocks #idea #forecast #furoreggs
Dow Jones Industrial sector is the strongest this week and we can see sharp and impulsive intraday stabilization that can cause a bigger recovery in upcoming weeks, but ideally only within a higher degree A-B-C corrective rally in wave B after we spotted a larger leading diagonal from the highs into wave A. So, we will still have to be aware of another sell-off on...
We sent out a trade analysis on Bell Equipment. It formed a W Formation and I said the journey can be a long one as the main market remained sideways throughout the year. Then in September after consolidation, we saw another breakout pattern showing more upside to come. And since 11 October, the momentym has just been on the up. My first target remains at...
Netflix (NFLX) has established itself above the 1D MA50 (blue trend-line) since the aggressive price jump of October 19 on its bullish earnings. Still, the price is failing to break above the top (Lower Highs trend-line) of the blue Channel Down and technically the longer it fails to do so, the higher the chances become of a rejection. Until that happens, we can...