LYFT Inc - 30d expiry - We look to Sell at 11.99 (stop at 12.91) Trading within a Bearish Channel formation. The sequence for trading is lower lows and highs. The primary trend remains bearish. Preferred trade is to sell into rallies. The trend of lower highs is located at 12.00. Our profit targets will be 9.81 and 9.41 Resistance: 11.53 / 12.00 /...
Ethereum has officially fallen through the last remaining bullish trend line left on the chart. This trend line has emerged at the depth of the June 2022 sell-off, so it's well over a year old and must carry some weight. In my view, this is the start of a longer bearish period for ETH, potentially even to retest the June 2022 lows around 900$. Wait for the price...
CBOE:SPX chart is quite INTERESTING. We can see the obvious short term downtrend. We're currently at the bottom part of the GAP. Volume has been a lil lighter, holiday is likely the reason. RSI broke the downtrend it was in Maintained the longer term 2022 low up trend. Can AMEX:SPY reach the top part of the current downtrend? AMEX:SPXS AMEX:SPXL...
The US #Dollar has pulled back a bit: At MAJOR SUPPORT At Green Moving Avg = Support RSI is at 50 (neutral bullish unless crosses lower) Weekly TVC:DXY is 50-50 The RSI is curling over but the MACD is now above 0 = down trend over Hmmm, interesting scenario Not sure what to make of it Monthly #currency ------------------------------- The 2Yr #Yield broke...
Dr Reddy's Laboratories Ltd (DRL) is an integrated global pharmaceutical company, committed to providing affordable and innovative medicines for healthier lives. Through its three businesses - Pharmaceutical Services &Active Ingredients, Global Generics and Proprietary Products. Dr Reddy's began as a supplier to Indian drug manufacturers, but it soon started...
Hindustan Unilever Limited (HUL) is one of the biggest FMCG companies of India it is part of global British giant Unilever group. Its products include foods, beverages, cleaning agents, personal care products, water purifiers etc. Hindustan Unilever Limited (HUL) is India's products touch lives of nine out of ten households in the country. Hindustan Unilever...
This trade has a pattern on M15 and is with the trend, there is a lot of resistance for this short and the stop loss should be above 60.5. There are multiple tops on M15 and M30 with divergence.
Alibaba is neutral on the 1W timeframe (RSI = 46.095, MACD = -1.100, ADX = 22.119) but with the RSI on HL since March 2022. Having crossed already over the 1W MA50 and being on the verge of the first 1W MA50-100 Bullish Cross since April 2019 (and the third ever), this bullish divergence is exactly what has historically formed before BABA's two prior bottoms. The...
The US Customer Cost Record (CPI) information for September is due to be discharged on Wednesday, taken after by the US Government Reserve's intrigued rate choice on the same day. Both of these occasions have the potential to altogether affect the forex and stock markets. The CPI information could be a degree of expansion, and a higher-than-expected perusing may...
Merck and Company (MRK) is trading within a Channel Down since the May 03 High. Even though the price didn't touch the bottom (Lower Lows trend-line) of the Channel Down, having completed 4 straight green 1D candles indicates that most likely we have seen the new low of this sequence. Assuming the current bullish wave will make at least a +7.10% extension like the...
A bit unusual for me to try and make a idea about a specific stock, but here goes! Crowdstrike has always been a darling for me and I have been in-and-out of the stock a couple of times, but this time im in it for the long run! Clear upwards trend, with a nice couple of close support/resistance levels. The current one we are at now from 168-169. Should go...
This is my analysis for SPY . Try to understand the logics and try not to push trades on you. NOTE:TRADE OTHER STOCKS LOOKING AT SPY
In my last analysis below I said that I would not short DXY yet, only if it is around 106 , now I give a higher probability that DXY will try 108. WHY? Everyone sees that this movement is nearing its end, some have already lost money because they were short before , after that - deviation, then downward movement. When that happens, I think it will reach the...
Visa is rising gradually after finding Support firmly on the MA200 (1d) and the bottom of the Channel Up. In accordance to the previous Channel Up rises, when the MA50 (1d) closes a candle over it, the rally will be confirmed. Trading Plan: 1. Buy on the current market price. Targets: 1. 252.90 (All Time High). Tips: 1. The RSI (1d) rebounded from below the...
Tesla / TSLA continues to trade inside the Channel Up that was initiated at the start of the year. The 1day RSI is neutral so despite the presence of the Channel's bottom, we can see a break either way. Buy only if the price closes over the Falling Resistance, which was what initiated the June / July rally last time. The longer the Falling Resistance doesn't...
TVC:NDQ has traded back above the NECKLINE (from Head & Shoulders Break down) - Amazing!!! DJ:DJI has not traded above and neither has the $SPX. In this chart we see the SP:SPX illustrating the resemblance to 2022. We've been showing this chart for some time now. It's amazing how similar they are trading. AMEX:TYD is running today (leveraged bonds ETF)...
The stock had made a continued rsies in price till the recent pull back, The retest seems exhausted currently and the possibility of at least an equal or Higher highs is painting currently, Swing traders would ride the moves and with an amazing Risk to Reward ratio
This trade has multiple patterns on M15, and it is with the trend. All timeframes are overbought and have divergence, this trade should be able to fall to the bottom and maybe even more as it is hitting the H4 moving average and has the strength to fall especially with the news regarding Isreal as of now.