AVGO is trading inside a Triangle pattern on a bullish 1D time frame (RSI = 62.459, MACD = 29.570, ADX = 26.143) supported by a HL trendline since October 14th 2022. The way the Triangle breaks to will most likely reveal the next medium term direction. Under it, we will sell and target the 1D MA100 (TP = 760.00) while over it, we will buy and target the 1.5...
Bringing indices up again, Let's look at the SHORT TERM first. (Unfortunately can only show 1 chart, see profile for more info) DJ:DJI longer term still showing an ascending triangle, current pattern is sideways channel, there's some negative divergence. NASDAQ:NDX maintains the uptrend, HOWEVER - we're seeing SEVERE negative divergence. SP:SPX also in...
After successfully bagging over +1000 points on a recent Nasdaq buy, it's time to switch gears and follow the bearish trend on Dow Jones. The bearish setup is crystal clear in the 1-hour timeframe, as price has formed a bearish bat pattern - a proven and reliable harmonic pattern with a high winning rate. The trend reversal has been confirmed by a bearish...
BANKNIFTY/NIFTY ANALYSIS FOR TUESDAY 11TH JULY-FOR EDUCATION PURPOSE This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. @vijayanjum #nse #nsebse #Nifty #niftyfifty...
By re-examining gold, we can see that the price fell by about 40 pips before the news, and with the announcement of the NFP and the fall of DXY, gold was accompanied by growth and was able to increase by about 150 pips to $1934.9 ! As you can see, the range of $1933 to $1939 is one of the most important supply ranges of the past 3 weeks, which has prevented...
Ravian stock is starting to rebound and rise! This chart shows the weekly candle chart of the Rivian stock since its listing. The top to bottom golden section is superimposed in the figure. As shown in the figure, the recent low point of Rivian stock is supported by the 2.000 level of the golden section in the figure. In the past two weeks, Rivian stock has...
CBOE:SPX remains in uptrend with several levels of support below and resistance above. The level just above - if broken , may create a FOMO reaction. It would be critical to observe any downswing that develops thereafter in addition to possible divergences with momentum and breadth for clues
notes of thesis on chart. will be watching this closely in the coming weeks, its peer DKNG has already gone up 150% this. This lagger looks to be getting some attention, lets hope its enough. Could be time to play catch up
On the hourly timeframe, Nasdaq has established an expanding channel with a notable resistance level at $15250, which has recently acted as a sell zone. Currently, we are anticipating the price to validate a breakout below the lower boundary of the channel. Once confirmed, we will consider entering a short position.
Hi viewers, EQR price on zone, in last periods bullish push we are have, currently here break expecting to see and new short bullish push TP1:71.50 TP2:74
Alibaba broke on Friday above the Falling Resistance that was initiated on January 26th. That was also a crossing over the 0.236 Fibonacci level. Technically that is a strong double bullish break out for a potential long term bullish reversal. Trading Plan: 1. Buy on the current market price. Targets: 1. 105.00 (Resistance 2 and Fibonacci 0.618) and 120.00...
Technical Analysis and Outlook: This week, the Spooz failed to meet our Outer Index Rally 4480 goal due to a crime scene performance. However, we expect a strong rebound from the Mean Sup 4330 or higher, which will help us achieve our target with great force.
Hello Traders, Last Week I gave two predictions for tata motors and Bharat Forge, Both went as explained and market .This week how I am going top trade these stocks shared with you in detail . Check below.
Hello Traders, Last Week I gave two predictions for tata motors and Bharat Forge, Both went as explained and market .This week how I am going top trade these stocks shared with you in detail . Check below.
The US unemployment rate can double from here and still be within the long-term range and still below the extremes that have occurred during more recent recessions. Also worth point out that the only time we have been below this level of unemployment (higher employment) was during the Korean war in the early 1950s. Sure, we could see the rate of employment...
Since i know so many of you like scenarios ill give you a few. options on plays and you must create your OWN scenario and executions of variables and how you want to play them etc. i.e. long/short etc. 1. Next week we watch for the test and or rejection at 4450 range. IF we can break above and then come down and turn that range into support. We can look for...
Watch this closely as it will play into the move's you're looking for with your stocks as well as Bitcoin and Crypto etc. I try and keep it simple for you and tell you I don't post 24/7 for engagement farming and or to confuse you with the smaller intraday moves etc. But here we can take note of the fact that the lines i gave you of interest and to watch for...
Amazon / AMZN hit yesterday and is rebounding today exactly at the bottom of the late April Channel Up. This remains a bullish trend for as long as the Channel Up holds, so buy and target Resistance A at 136.50. If it breaks downwards, sell and target the 1day MA50 and Rising Support at 123.50. It is crucial to mention that the 1day RSI has already crossed...