We can see a cup&handle pattern. Buy Zone around ~45 Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content...
nrb bearings buy @ 183.50 target 229, 249, 259, 273 ascending triangle breakout risk reward 1:2 sl@138
After a good run up the stock went into a consolidation range with support at 285-290 levels. A breakout above 355 with volume support indicates another potential good run upside in the short term. Entry - 375 Stop Loss - 350 Target - 425/475
Dow Jones close slightly higher at the close of yesterdays trading session. Dow Jones is forming a bullish trend. We should expect breakout to the upside after a retest and during the New York Session, they will be more bullish movement.
This trade is related to the DXY fluctuating as the dollar has been dropping. SPY is approaching some heavy resistance, we may have a potential for a breakout. However it likely wont be long lasting...
Analyzing the options chain and the chart patterns of ABCM Abcam plc prior to the earnings report this week, I would consider purchasing the 25usd strike price Calls with an expiration date of 2023-10-20, for a premium of approximately $0.07. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward...
Nasdaq has been on a steady rise in price and the most recent pull back that touched 50/618% Fib region is except and would likely in the coming month take the stock price to 16800 dollar bench mark According to DANCOLNATION CAPITAL TRADING STRATEGY, We shall on the SWING perceptive join the trend after a retest to this most recent break out level to take an...
Bullish pattern forming on US30, looks like a potential 20% rally is on the cards over the next 2-4 quarters. Nothing is guaranteed of course, we would want to see this index break above the neckline, retest is, and continue upwards. Time will tell :)
JPMorgan Chase - 30d expiry - We look to Buy at 150.22 (stop at 147.22) The primary trend remains bullish. A Doji style candle has been posted from the base. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Daily signals are bullish. A break of the recent high at 150.10 should result in a further move...
NSE:ADANIPORTS showing positive momentum in DAILY as well as in WEEKLY TIMEFRAME. it could be a good time to start investing in it. But there must be a STOPLOSS. invest at your own risk, this is only for educational purpose.
Today's economic news was jobs data which in fact came in worse than expected. "In July there were just 8.827 million job openings, the first sub-9 million print since March 2021. It was also the 3rd biggest miss on record!" -Zerohedge Yet despite this news the stock market rallied significantly higher. The market responding positively to bad news is a...
Tesla Inc. (TSLA) is on a strong 1D green candle, approaching the 1D MA50 (blue trend-line0 for the first time since the August 04 break. The 1D MACD just completed a Bullish Cross yesterday indicating that the stock has confirmed the start of the new Higher High sequence towards the top of the year long Channel Up pattern. This could be either near the 2.236...
We can find a bearish harmonic bat pattern on USDJPY on the daily timeframe with lower timeframe crab pattern as well. further analysis will be done from this area identified. as this is against high timeframe trend, it is important to trade with care
Lately, my posts have tilted bearish regarding Bitcoin. Following a notable drop in volatility, I anticipated a breakout. Historically, in pre-halving years, we've observed a balance between bullish and bearish trends. Consequently, based on past data, there was a statistical likelihood towards a bearish trend for the latter half of this year. However, bulls...
Shares of PayPal lost nearly 82% of their value since the top in July 2021, and judging solely by this metric, one could consider the stock cheap. Nonetheless, there is more to it. In 2022, PayPal saw its revenue increase by 8% on a yearly basis and transaction volume grow by 16%. In addition to that, the company processed 22.3 billion payments and $1.36 trillion...
Hey Traders, in today's trading session we are monitoring NAS100 for a selling opportunity around 15400 zone, NASDAQ is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 15400 support and resistance zone. Trade safe, Joe.
The price is at its low. Position long : take profit: 93.44 103.62 118.35 stop loss: 78.03
META has recently broken below a well-defined ascending channel, signaling a significant shift in price dynamics. The breakdown indicates a weakening of the previously established bullish trend and the potential emergence of a bearish phase. In addition, the completion of a head and shoulders pattern occurs when the price breaks below the neckline. In this case,...