Visa Inc (V) is trading again above its 1W MA50 (blue trend-line) for the 3rd straight week following the rebound on early August's Low. That low apart from a Double Bottom is also a technical Higher Low formed at the bottom of the 2-year Channel Up. The previous Double Bottom in October 2023 was exactly on the 1W MA50 and even though not at the bottom of the...
Hello Everyone, IMPORTANT: ALL FED POLICIES LEAD TO NEGATIVE OUTCOMES TLDR AT THE END In February 2022 the Federal Reserve gave us the fastest rate raising campaign in history to try and combat very high inflation, but they were very late in raising rates causing one of the worst inflation in 40 years. During his speech at Jackson Hole he confirms rate cuts in...
Hello Traders of the world.. bless up to the new Support 👌 Notes - Big figure 19,120 hit yesterday. - We respecting previous daily highs, breaking lows. - Red folder news today @08:30am - GDP. Bias for now i am neutral, we had a great bearish week. Heres some interesting facts, the US GDP growth rate is mostly higher in Q2 vs Q1 of the new financial year....
The index is located between EMA200 and EMA50 in the 4H time frame and is trading below the level of 20,000 If the index continues to rise towards the specified supply zones, which also intersects with the weekly pivot of the index, we can look for sell positions in the Nasdaq index
AeroVironment's stock surged after securing a $990 million U.S. Army contract for its Switchblade drones, boosting investor confidence. The deal, aimed at enhancing infantry capabilities, will run through 2029. Following the announcement, analysts from Baird and Alembic Global upgraded AeroVironment's rating, setting new price targets of $220 and $216...
BTCUSD Performance: BTCUSD pulled back after reaching a minor top around $65,000, hitting a high of $65,103 and currently trading around $62,500. Rate Cut Probability: The probability of a 25 basis point rate cut in September increased to 71.50% from 71% a week ago (CME Fed watch tool). BTC ETF Inflows: BTC ETF saw an inflow of $202.51 million, with...
Indian Energy Exchange (IEX) is exhibiting promising technical signals that suggest a potential swing trade opportunity. Reasons are listed below : 170 Zone as New Support : The 170 level was previously a resistance zone and has now turned into a support level, indicating strong buying interest. Hammer Candle on Weekly Timeframe : The formation of a hammer...
Welspun Living , a leading company in the home textiles sector, is presenting a compelling swing trading opportunity based on several key technical indicators. Reasons are listed below : Head and Shoulder Pattern Breakout : The price has broken out of a head and shoulder pattern, indicating a bullish reversal and potential for further upward movement. 170...
PDD (Temu) shares have fallen over 30% after recent earnings implied they have missed their targets by a massive margin, and a cautious comment indicating there might be macro issues going ahead. However, only revenue has missed targets - by only 3% - effectively meeting the markets sky-high expectations. Looking at the actual releases, EPS is 2.97 in Q2...
🔍 SPX/USDT Analysis: Daily Timeframe 📉 SELL IT! The SPX chart on a daily timeframe highlights significant upcoming dates where price movements may present trading opportunities. These should be analyzed in conjunction with higher timeframes for a comprehensive market view. • September 3, 2024 - Red Line: This date marks a potential local peak. Traders might...
Stock Surge Leaving Bitcoin Behind? The longstanding correlation between the Nasdaq and Bitcoin took a hit today as the two markets diverged, signaling potential shifts in investor sentiment. This breakdown could be a precursor to broader market volatility, particularly as Nvidia prepares to release its much-anticipated earnings report tomorrow. Nvidia...
Super Micro Computer Inc. (SMCI) has been trading within a Channel Down pattern since the March 08 2024 High. Even though the trend on a multi-year basis is bullish, short-term investors should have this pattern in mind. Even on the shorter term though, the stock has managed to price a new Lower Low (August 08) at the bottom of the Channel Down and started its...
Strategic partnerships between major companies like PayPal and Adyen are enhancing consumer convenience with their new project, Fastlane by PayPal. Aimed at revolutionizing the checkout process for U.S. enterprise and marketplace users, Fastlane combines PayPal and Adyen's technologies to streamline guest checkout, significantly reducing purchase completion...
All timeframes are massively overbought There is a pattern on H4 and H1 This is a weekly high where there is a lot of resistance Since it is against the trend I would normally not go for such a trade but stocks look like they need to come down so this could be a trade tight stop loss and take profit when it hits the H4 trend as this is still very uptrend
From my thesis yesterday, AMEX:SPY was able to break out of it's bearish order block on the 1 Hour time frame and give us 40% profit overnight. AMEX:SPY
Hello everyone, We may be entering a very powerful recession. We get a good crash about every 100 years and history is repeating itself again. We went into the great depression during the 1929s and the stock market did not reach it's highs again for the next 37 years. We find ourselves in the same situations eerily similar to 1929.
We filled the bearish order block. AMEX:SPY looks like it wants to go down from here from filling the bearish order block on the hourly time frame.
Company Overview: SentinelOne is preparing to release its second-quarter fiscal 2025 results on August 27. The company, known for its cybersecurity solutions, is poised to deliver solid financial performance, driven by consistent growth and strong earnings surprises. Key Highlights: Revenue Expectations: SentinelOne NYSE:S anticipates total revenues of $197...