Hey Traders, in today's trading session we are monitoring NAS100 for a selling opportunity around 13000 zone, NASDAQ is trading in a downtrend and now seems to be in a correction phase in which it is approaching the major trend at 13000 support and resistance zone. I would like to keep an eye on USD to confirm the bias as the Dollar has a negative correlation with...
See chart for top-down analysis on price turning from inside out with confirmation. Trending into sideways into downtrend and looking to join the trend to the downside with SL above all structure supply.
Over the last week I've made a couple of analyses on BTC and the rising wedge pattern it was trading in. In my last analysis I expected some kind of oversold bounce into a new sell-off. Seeing that we've moved almost 9% in less than 24 hours makes me question whether we should look for going short. My bounce area (blue) has been reached, but we're blasting...
Hello Fellow Global Stock Trader, Here's a Technical outlook for TLKM! Price Action Analysis On the Daily Timeframe, TLKM is moving above EMA200. Then, the stock created a breakout of the inverted head & shoulder, indicating a trend reversal. The MACD Indicator created a hidden bullish divergence, signifying a possible upside movement to the target area. All...
The chart is overextended and is at major resistance so should have atleast a small pull back for us to profit
HOOK has yet again reached the bottom support. I've made several analyses on this pattern already, and every time that HOOK touched the support it has resulted in a bounce. Keeping my targets close, blue, because BTC can move erratic during Q2 earnings week.
Live Nation Entertainment - 30d expiry - We look to Sell a break of 63.98 (stop at 67.01) This stock has seen poor sales growth. The primary trend remains bearish. 64.25 has been pivotal. There is no clear indication that the downward move is coming to an end. The bias is to break to the downside. A break of the recent low at 64.25 should result in a...
Market appears to be getting ready for a nice move to the downside for about 500 pips. Monthly has not made much gains over the last several weeks. Weekly structure created a double top and last week ended bearish. Daily is retesting previous support now turned resistance. If this daily candle today ends bearish, then I believe we could see a nice drop in gold.
The monthly and weekly time frames are bullish and this daily demand is nested within the weekly demand.
In my last ATOM analysis I already talked about this triangle and that I expected some kind of bounce. My initial target was the top resistance of the triangle, but after a 15% move we fell back down. Since we've now fallen through a 10-month support, I think that we're going down more. I'm looking at 10 and 9 usd targets.
Traders and Investors, As the earnings seasons is here, looking at APPLE shows that there could be a fall coming. Reasons: 1. W pattern completed 2. Trend Line 3. Bearish Structure The last short set up gave us great profits. Manage the risk and make sure that you are watching stock movement closely along with US30 (Dow Jones) Rules: 1. Never trade too...
I show you this chart to demonstrate how you can make an informed decision with just one indicator - namely the 200-week ma. Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information...
We have 3 zones to take profit with this chart, all we need to do now its to wait for a broken trend 4h- time frame. After this and confirmation we can follow the script.
NASDAQ:TSLA $TSLA: 4 HOUR/BAR CHART ON LEFT SIDE (SHORT TERM) SHOWING SINCE OCTOBER ’22 (LAST 3 MONTHS). 2 DAY/BAR CHART ON RIGHT SIDE (LONG TERM) SHOWING SINCE JANUARY, ‘20 (LAST 3 YEARS). $TSLA is down roughly 58% since the start of October 2022 but is still up 299% percent since the beginning of 2020. Evaluating the short-term trend (left side)...
The clash between two major military leaders in Sudan led to a massive evacuation of foreign diplomats and residents. Locals and refugees from other countries will have to seek shelter elsewhere. Growing instability saw spot gold recover HKEX:6 to HKEX:1 ,989.11 an ounce, and WTI oil futures edge up $0.89 to $78.76 a barrel. Bitcoin and Ethereum fell to ...
For anyone who doesnt know about magic the gathering, it is a collectable card game that accounts for a large portion of hasbros sales. They have been on a downward spiral with poor decisions around the products they offer now and players are getting sick of it. On the 30th year anniversary, hasbro, via wizards of the coast, released an exclusive high end...
LVMH is closing in on Tesla for the world’s ninth-biggest listed firm. It surpassed EURONEXT:500 billion, a first in Europe. Their leaders have switched places on the Bloomberg Billionaires Index, with Bernard Arnault now the world’s richest person with FWB:213 billion; Elon Musk is at HKEX:164 billion.