Meta’s price is moving as if it had already completed the correction. In our expectation, however, it is only a slight detour, a substructure of the green wave (2). For the low of the green wave (2), there is still some way to go on the downside. We expect a move down to the green target zone between $209.15 and $140.02
If you haven`t bought AMBA here: Then analyzing the options chain and the chart patterns of AMBA Ambarella prior to the earnings report this week, I would consider purchasing the 66usd strike price Puts with an expiration date of 2023-9-1, for a premium of approximately $1.97. If these options prove to be profitable prior to the earnings release, I would sell at...
Welcome back! Let me know your thoughts in the comments! ** Coca-Cola Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
3M Company with ticker MMM has been trading bearish for the past 5 years, actually since the beginning of 2018, where we see a completed higher degree wave III. The wave structure from 2018 highs is in three waves A-B-C, which indicates for a higher degree wave IV correction. We can now see it sitting at interesting 90 support area, especially if we consider...
Since the last update, the W Formation formed, price broke up. And the buying commenced again. It was a long wait, but now it seems like this paper train is ready to run up. Enough corniness, but we need the momentum to pick up a bit more before the price falls into the range. I'm happy with this analysis and sound risk level. 7>21 - Bullish Price>200 -...
Before the turnaround in SPX in July 2023, we pointed out to the roll over in the Chinese stock market and its implications for the U.S. market. Then more recently, we saw how these markets continue to be intertwined when Chinese regulator stepped in and calmed down the market, resulting in both American and Chinese stocks enjoying a relief (or perhaps even...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Followed green path, but looking like a ZZ up. Still think the reaction to this 238.40 area could be a good clue. A bounce to another ZZ at the lower degree,...
The price of Blackrock is currently experiencing a very stable rise, which is precisely what we expected. A large part of the turquoise wave B should be completed by now. After the high is placed, a descent to the green target zone between $613.07 and $491.98 will follow. However, if the current rally extends too far and breaks above the resistance at $785.65,...
✅TESLA is retesting a key support level of 241.40$ So I think that the stock will make a rebound And go up to retest the supply level above at 249.00$ LONG🚀 ✅Like and subscribe to never miss a new idea!✅
RATEGAIN Added in two batched Today 434 and now at 450. Keeping SL 413 RISK is DEEP so safe can avoid and wait for retest.
If you enjoy this analysis, please give it a like and a follow In this analysis I want to take a look at the BTC accumulation phases of the current, the last, and the bear-market before that. I took the lowest weekly close as my anchor. As seen on the chart, Bitcoin is trading exactly where it should be - in a longer term period of accumulation. The square...
Looking at the stock post Earnings date, what things become Immediately clear? do you See an Uptrend? Is momentum Gaining or declining? How is the Company's approach to AI working? Are there any observations that you can make by looking at this chart?
Bajaj Electricals is the part of India’s leading business conglomerate the Bajaj Group. The company portfolio spans consumer products, lightning and EPC. The company has an expansive network of 18 branch offices, 600+ distributors, and more than 2.3 lakh retail outlets across India. Bajaj Electricals CMP is 1177.60. The Negative aspects of the company are high...
Maithan Alloys Ltd is among India’s leading manufacturers and exporters of niche value-added Manganese alloys. The company prime products include Ferro Manganese, Silicon Manganese and Ferro Silicon. It has a global presence with customers like SAIL, Tata Steel and Jindal Steel & Power. Maithan Alloys CMP is 1070.35. The Negative aspects of the company is...
In this analysis I want to take a look at Bitcoin's long-term performance. Specifically, the performance of the last three bear markets and the following bull-markets. I'm omitting data from before 2014 because BTC was still in it's early growth phase and was basically only trading up. As seen on the chart, Bitcoin bear- and bull-markets have been very similar. 3...
Technical Analysis and Outlook: The Spooz continued upside bias this week by ending its rally at Mean Res 4520. Continuation to completed the Inner Index Rally 4590 is a work in progress. However, the pullback to Mean Sup 4456 is also within the trading picture.
Hello Traders, This is the trade plan for next week of Bharat Forge. Outline is showed on chart . For detail understanding of price action check below.
United Airlines Holdings - 30d expiry - We look to Sell a break of 48.38 (stop at 50.38) Prices have reacted from 58.23. Short term bias has turned negative. Price action is forming a bearish flag which has a bias to break to the downside. There is no clear indication that the downward move is coming to an end. The trend of higher intraday lows has also been...