Equitas Small Finance Bank , a leading small finance bank in India, is showing promising signs for a potential swing trade. Reasons are listed below : 75 Zone as a Strong Support Zone : The 75 level has proven to be a solid support zone, providing a strong foundation for a potential upward move. Bullish Hammer on Weekly Timeframe : The formation of a bullish...
DLF , a major player in the real estate sector, is showing promising technical signals for a swing trade. Reasons are listed below : Break of Flag and Pole Pattern : The stock has broken out of a flag and pole pattern, a continuation pattern indicating the potential for further upside in the ongoing trend. 800 Zone as a Strong Support : The 800 level has...
Super Micro Computer Inc. (SMCI) is on its strongest 1W green candle since May 22 2023, recovering the 1W MA50 (blue trend-line), which was broken last week amidst the general market panic on a potential economic slowdown. This rebound happens to take place just inside the 2-year Higher Lows Zone that started back in July 2022. The ultimate Support, the 1W MA100...
Palo Alto's chart is looking particularly promising in a market where many stocks seem to be constantly soaring. These defined ranges present a strong trading opportunity, which we're closely monitoring. It appears that Palo Alto has completed its Wave (3) and is now in the midst of Wave (4). We anticipate that Wave (4) will conclude within the 38.2% to 61.8%...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 US500 has been overall bullish, trading within the rising channel marked in red. As long as the $5000 round number holds, I expect further bullish continuation towards the upper bound of the channel and $6000 round number. 📚 Always follow your trading plan regarding entry,...
Company Overview: Tyson Foods, a global leader in meat production and distribution, is well-positioned to benefit as the economy shows signs of slowing. In times of economic uncertainty, investors often turn to consumer staples like Tyson Foods as a defensive play due to their steady demand and generous dividends. Key Highlights: Economic Hedge: As fears of a...
Short Term Elliott Wave in NFLX suggests that the Stock has completed a bearish sequence from 7.05.2024 high. The decline made a double correction Elliott Wave structure. Down from 7.05.2024 high, wave (W) ended at 600.00 low. Rally in wave (X) ended at 678.97 with internal subdivision as a zig zag correction structure. Up from wave (W), wave A ended at 655.54 and...
3M Company with ticker MMM was trading in a larger A-B-C correction within a higher degree wave IV for the last 5 years, but we have been warning about strong support with equal wavelength of waves A=C already back in 2023. As you can see now in 2024, we can see a strong rebound after a completed projected higher degree A-B-C correction within wave IV, so wave V...
Since July and the bullish break-out above the ATH Lower Highs trend-line, Tesla (TSLA) confirmed the transition to a new long-term bullish pattern. For the time being, that is a Channel Up. The recent pull-back is part of the wider market correction of the past 3 weeks but last week's green 1W candle, is evidence that the price has found a bottom. In fact this...
The recovery in US small caps has been unconvincing over the past fortnight, struggling for upside unlike mega-cap rivals. Russell 2000 futures have been capped below the 50-day moving average for much of this period, running into sellers constantly above this level. Wednesday’s rejection above 2132.6 warns of building reversal risk, putting a potential break of...
Apollo Tyres , a leading tyre manufacturer, is showing technical indicators that suggest a promising swing trading opportunity. Reasons are listed below : 540-560 Resistance Zone Breakout : The 540-560 level has been a significant resistance zone. The price is now breaking out above this crucial zone, indicating strong bullish momentum. Bullish Marubozu...
Tesla should be added here for targets above $280. Think big will break this down in the video soon
Hi, Volkswagen's stock price has fallen quite deep and is probably heading to the strong area. Multiple rejections between 70 to 88. Do your homework and keep an eye on this area. Good luck, Vaido
Coinbase (COIN) hit (and even broke) last week its 1W MA50 (blue trend-line) for the first time in more than 1 year (since the week of June 26 2023) and posted an incredibly bullish reaction by almost recovering all of the weekly losses. At the same time, that drop almost touched the bottom of the 1.5 year Channel Up that started after the 2022 market bottom. All...
till now 3 win 1 loss HOOK look good to go up entry 0.4433 SL 0.4300 TP 1:1
The Advanced Micro Devices (AMD) is on the 2nd straight weekly bounce following the August 05 bottom. This is so far the strongest 2-week bullish reversal since November 06 2023, which was the previous bottom/ Higher Low on the 2-year Support Zone. It is no coincidence that this rebound took place just before hitting the 1W MA100 (green trend-line). So far we...
The SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) has shown impressive performance over the past months, driven by a general bullish market sentiment. However, as we approach the next quarter, key indicators from the QuantEdge Momentum System suggest that the ETF might face significant resistance, leading to a potential period of consolidation or even...
Remember this analysis from over four months ago? We didn't place a limit order at that time (which is why it's greyed out), but if you followed our setup during the livestream back then, congratulations! The chart reacted beautifully at the desired level, just as we anticipated. In my opinion, this is a great-looking chart, showing a strong reaction at a key...