The 4-hour chart shows the rising lows of $TGT, although in an oscillating trend, there is a better entry position, with a stop loss at the previous low and a profit position adjusted according to the position and the trend of the broader market, respectively at 175 and 181
Online, some people said immediately after the event that Baidu wouldn’t have shied away from chatting with Ernie Bot live if it had mature capabilities. “I get it, it’s not ready yet, just a pitch deck!!” wrote one viewer on the event’s English-language live stream on YouTube. “Two words: that’s it,” wrote another on the Chinese Twitter-like platform Weibo,...
Recent banking crises were partly caused by aggressive rate hikes, which lowered the value of long-term Treasury bonds. As a result, Mitrade expects the Federal Reserve to scale back on future rate hikes, with current market consensus aiming for a 25 basis point increase on Thursday. The news slowed the dollar, with EUR/USD advancing 53 pips to 1.0719. GBP/USD...
✅APPLE has approached A local horizontal key level And we can see multiple H&S patterns here so As the overall bias is Bullish I think that IF We see a breakout then The price will go Further up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Are you following my research? It amazes me that I can post a chart/video predicting something to happen 3 to 6+ months in advance, then sit back and watch it play out. Gold has entered a new phase - much different than everyone thinks. This is not 2009~2011 all over again. This is 2003~05 repeating. The next phase of the US market trend, and Gold, will blow...
United Airlines (UAL) stock recently dipped over 20% as a result of poor guidance for Q1. The company over estimated for Q1. However, United is positive for Q2 based on bookings. So, if they were to lower guidance for Q2 and the rest of the year, I would say the sell off might be justified. However, that is not the case. UAL's EPS projections remain $10 to $12 for...
The next level to look for in my eyes if the USD continues to gain strength (other than typical psych levels) is 100.0 ish. Refer to this chart & other postings of mine regarding the DXY/USD if your looking to get a better grasp of my perspective. (Links below) It is also important to keep in mind the weight of the incoming news this week. Remember to use...
Live Nation Entertainment - 30d expiry - We look to Sell at 76.20 (stop at 80.36) Trading has been mixed and volatile. Levels close to the 61.8% pullback level of 76.20 found sellers. Daily signals are bearish. Preferred trade is to sell into rallies. This stock has seen poor sales growth. Our profit targets will be 66.22 and 64.22 Resistance: 68.74 /...
My research suggests the SPY is setting up a massive Capitulation bottom - and likely to move dramatically higher over the next 5+ years. It's too early to call this a confirmed bottom signal - but, it may be a great time to start looking for some "anchor trades" in the best stocks/sectors headed into 2024 and beyond. My research combines technical analysis,...
Over the last couple of days I've seen several analyses on BTC and the fact that it was trading in a megaphone pattern. Many called for BTC to fall back to $20,000, but that was never really an option. With the classic banking system under stress, it has fundamentally never been a better time to own Bitcoin and have complete ownership of your funds. With BTC...
Stop loss is a trader's least favorite word But it is a condition for long-term survival in the market Most traders have a confused or wrong understanding of stop loss There are two types of traders who lose more than 50% of their money The first type, the traders who don't stop-loss, they simply don't recognize what is the point of stop-loss? Stop loss may be a...
On Sunday, the market was relieved as Swiss bank UBS agreed to acquire Credit Suisse for over $3 billion, backed by the Swiss central bank. Last Friday, the Eurozone's year-on-year inflation rate increased by 8.5% as expected by Mitrade, and EUR/USD increased 61 pips to 1.0666. Before the bailout announcement Sunday, the Dow Jones Industrial Average plunged 384...
$TNX has held better than short term #yields but could this be changing now? - The 2yr & 1Yr are holding. - Of course, it's early in the trading day so we'll see tomorrow morning how things go. - In reference to the post last week on #yield in 2008, we need to keep an eye on TOPS in these #bond yields. It took 1 year at that time before there was a lower high. IMO...
2023, week 11 HSI: at 19,161 According to the latest market update, the Hang Seng Index ( HSI ) is still not in a upward trend, with a current long close at 19,161 points. Use backtesting to evaluate and make objective trading decisions. - PresentTrading #HSI
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*Everything is mentioned on the chart. I hope it is easy to understand. *Don't jump in to trade at the beginning of the market. let it get settle for 5 min 15MIN first and judge price action. *Avoid gap up or gap down chase. Wait and trade between level. Note: Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
$SOXL stock, target posted. -Higher low rounding above 200 day
OP has been trading inside a bullish triangle pattern over the last couple of days. In my view, it's more likely than not that OP will break out bullish. It's advised to wait for the break out to occur before entering a trade. A riskier bet would be to enter around the bottom support. Targets in blue.