Looking at the H4 chart, my overall bias for AMD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy entry at 77.08, where the overlap support and 38.2% Fibonacci line is. Stop loss will be at 60.06, where the previous swing low is. Take profit will be at 104.56, where the previous swing high is....
DXY has been on a tear and looks to head lower. some good resistance at 105.5 or so that can deflect it down to 104.669 (1st stop) next stop is 103.682 Markets open soon. Remember, DXY falling will be better for Risk On (Bitcoin and Stocks) <--- Keep your head in the game! Eyes on the game! LOL! Super Tip for Traders: Always keep DXY chart open to help you...
RULES: -If price break Point 2, 4, 6, 8, or 10 cancel the setup -Price needs to break Point 1, 3, 5, 7, or 9 to confirm the setup When price reach the 100FE(BLUE BOX) it normally does a pullback/retest or reversal The market can Truncate(fall short)
The Cup and handle formed, broke above the Brim Level and now looks like it's heading on up. The price above the 200MA is the first time since Sep 2022... Target 1 at R145. Target 2 R1.66 ABOUT Merafe Resources is a mining giant company that was founded in 2005 and is based in Johannesburg, South Africa. The company's primary focus is on the production of...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 NIO has been overall bearish trading inside the falling wedge pattern, and it is currently diving inside a weekly demand zone 6.5 - 10.0 The bears are still in control managing to make new lower lows. But, we can clearly see that the impulse movements are getting flat and...
Technical Analysis and Outlook The index Mean Res 4145 was the culprit target with the recent Intermediary Up Trend as shown on S&P 500 Daily Chart Analysis For the Week of Feb 17; all three targets were hit - Mean Sup 4060, Mean Sup 4015, and the Inner Index Dip 3980. The newly created Mean Res 4028 is our intermediate upside target - Dead-cat bounce. Keep in...
swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
stock was trading on 15 P/E multiple just right before quarterly report ( was about $5.85 with expected $0.36 qrt earnings expectations ) recent quarterly surprise of $5 puts that stock in $90's range with that P/E assumption, that is a huge change in valuation.
Looking for the stock to consolidate at the alert level (cyan color). If it breaks out of there I think this would be a good stock (around the red arrow). This is what Jessie Livermore called the Line of Least Resistance
Investments tend to fall in value FASTER than increase (even in bull markets) IMO always take profits STRATEGICALLY This works for ALL investments that have tried it on including, but not limited to Crypto, , Commodities, Bond Yields, and Currencies AVG 1-2 = 3 weeks 2-3 = WEEK! 3-4 = Almost month 4-5 = WEEK! 5-6 = 3 weeks 6-7 = WEEK! Example $DIA Use...
United Airlines Holdings -30d expiry - We look to Sell a break of 47.57 (stop at 49.87) We are trading at overbought extremes. Trades with a bearish descending triangle formation. Expect trading to remain mixed and volatile. A break of the recent low at 47.77 should result in a further move lower. The bias is to break to the downside. A higher correction is...
Here we are looking at GDX on the Daily TF… This analysis will be fairly brief, as the chart is crystal clear as of right now. Here you can see that GDX has retraced since its most recent uptrend which began in November of 2022. Currently, I am expect GDX to bounce off of the strong technical support as marked by the horizontal line (yellow). This outlined...
Bias: Expect early bounce. We are in an area with a lot of support and price action, could just chop around today. Top Watches: Long - VRRM, BYND, SQ, KTOS. Short - BA, INTC, HD, ADBE. Tune in to my stream at 9:30 EST for my full list of top stock watches and to watch me trade them Live! Follow @JLaing for a timely morning bias of the market like this, top...
and its likely to continue for now as the usdx strengthens it is a negative for gold stocks and silver so the pain has just begun and going pain more at the top of usdx
Looking at equity markets as a conflict between Value stocks and Growth stocks has become a reflex for many market commentators. ‘Growth is beating Value’ (or the other way around) is always a good headline. Value stocks are defined as basically cheap stocks and it is, therefore, possible in any index, to point to the Value side of that index. Growth stocks are...
On Thursday, US quarter-on-quarter GDP reported a 2.7% increase, over market estimates of 2.9%. The US dollar then weakened with USD/CAD moving down 2 pips to 1.3547, and USD/JPY falling 20 pips to 134.70. Meanwhile, EUR/USD declined 6 pips to 1.0595, as the Eurozone year-on-year inflation rate rose 8.6% as Mitrade has expected. GBP/USD dropped 31 pips to 1.2013,...
Looking at the H4 chart, my overall bias for TSM is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. To add confluence to this bias, price is along an ascending trendline. Looking for a buy entry at 82.87, where the overlap support and 61.8% Fibonacci line is. Stop loss will be at 72.84, where the previous swing low...
Hello,Traders! APPLE broke the rising Support cluster of the Rising and horizontal Levels which has now Turned into the resistance Cluster and is about to Retest the strong supply Area so I think that We will see a move down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!