Uber Technologies Inc, the prominent American ride-hailing company, has recently reported its first-ever operating profit, signifying a successful shift to profitability. The company posted pre-tax earnings of $326 million (£255 million), a significant improvement from the previous year's operating loss of $713 million (£558 million). The turnaround is primarily...
I am long at CMP here with DKNG and the it looks like it should go up. I will update the analysis shortly.
As markets surge against expectations, many are starting to believe that the impossible might unfold. The unusually low fund allocation to equities reflects a market sentiment plagued by fear, yet mega caps are continuing to rise against expectations, making some investors feel left behind. With GDP figures beating expectations and headline inflation plummeting,...
But thank god we mean the end of the current downtrend. The price is currently in the magenta wave , which it should complete in our green target zone between $27.30 and $24.10. With this, our white wave (II) is also coming to an end and thus a change in direction is imminent. Here, long orders can be placed well, since significant increases are to be expected...
We are still trading within the upward bullish setup. However, you should continue to watch this diagonal resistance I've been playing the last few days. It has been quite the payday/especially within playing intraday options. Keep watching these setups. We may be in topping process, and this is the rollover.
Still in play/stay the course. Just keep watching the levels given for most reactions. Directions can change on a dime but so far so good with the plan given.
The Bank of America Corporation (BAC) got rejected again on its 1W MA50 (blue trend-line), a level that has been acting as a Resistance since the March 2022 break-down. This has created a Lower Highs trend-line that is the key pivot level now. But before that, let's see how it's been trading on a +10 year basis. As you see on this chart, ever since the November...
Yellow Cake has broken its triangle formation which began in April 2022. There has been a retest at 398 although it is experiencing resistance at 448. The triangle formation in an uptrend is bullish. However, volume is low and, as a result, the breakout is weak. NOTE: This post if for education only and not a solicitation to buy, sell or hold. Do your own...
Posted previously about this W pattern forming and the only indicator I could see for a bullish rally for stocks. Dollars strength is causing volatility once again. their is a H and S pattern formed on the DJI. *stocks shouldn't be this strong whilst going through this tightening period, market sentiment is slowly changing as the Fed possibly coming to a end of...
Weekly chart Coin Base ( NASDAQ:COIN ) has completed the famous Reversal Pattern that's Head Shoulders. Coin Base is trading around $78 NASDAQ:COIN has resistance ahead $85. It needs to close above that price to confirm for uptrend. Let wait and see what will happen
Disney's stock has maintained strong support levels in the past 10 weeks This chart shows the weekly candle chart of Disney stocks from the end of 2019 to the present. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, Disney's stock has maintained strong support levels in the past 10 weeks, with inter...
Cisco Systems - 30d expiry - We look to Buy at 51.21 (stop at 49.21) The primary trend remains bullish. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. A lower correction is expected. This is currently an actively traded stock. 50 1 day EMA is at 51.10. The sequence for trading is...
Since the beginning of year, Nasdaq index has been growing literally along the line, and the largest companies are dragging it in turn: NASDAQ:NVDA , NASDAQ:TSLA , NASDAQ:GOOG , NASDAQ:MSFT . According to the classics of "hamster races", each new ruler increases the angle of inclination. Since May of this year, the angle has increased as buybacks from...
Hi, A little guide for you about Tesla, Apple, and Alphabet. Pointed out some key areas from where to take out some profits or if you are interested in some sort of stocks then a couple of scarious from where you can jump in. Not an idea post, more like an analysis but still, it should give you a little picture about them. Tesla (TSLA) Recently the Tesla stock...
Hello traders! Wait for the break to enter the trade! Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
Hello traders! Wait for the break to enter the trade! Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
This is what I've been using to trade intraday for the last 2 weeks and its worked GREAT for me. This is more of my own personal chart for trading through the day but thought i would share it in hopes that it helps someone.