EUR/USD 🔼 GBP/USD 🔽 AUD/USD 🔽 USD/CAD 🔼 USD/JPY 🔼 XAU 🔼 WTI 🔼 The latest quarterly inflation reading in Australia shows a minor uptick at 7.3%, which Mitrade expects the Reserve Bank of Australia could increase rate hikes. On the other hand, Australian retail sales in November rose from 0.4% to 1.4%. AUD/USD was down over 20 pips to 0.6887. EUR/USD had minor...
Looking at the H4 chart, my overall bias for AMD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell stop entry at 62.41, slightly below where the 61.8% Fibonacci line is. Stop loss will be at 69.31, where the recent high is. Take profit will be at 54.58, where the previous swing low is. Any...
Take a look at this beautiful chart. We are looking at the BABA chart on the Daily TF. Let's start out at the bottom of this chart where you can see the first measured move (purple measurement), which moved 36.30 points. Then, notice that the second measured move (blue measurement), if we extend it up to 36.30 points, it takes you up to the yellow line. The...
Taiwan Semiconducotor - 30d expiry - We look to Buy a break of 83.72 (stop at 81.28) Short term momentum is bullish. In our opinion this stock is undervalued. 83.63 has been pivotal. A break of the recent high at 83.63 should result in a further move higher. We are trading at oversold extremes. This is curremtly an actively traded stock. Our profit targets...
On the left you see Dow Jones after the Dotcom and Mortgage crises until today and on the right Dow from the late 1800s leading to the 1930-32 Great Depression, both on the 1M time frame. Do you notice any similarities? The blue line is the 1M MA50 and the green line the 1M MA100. The Megaphone pattern that started the long term rallies on both is evident. Not as...
We're setting up for 2nd leg from yesterday's move Volume yesterday was good $NDX #NDX $QQQ $TQQQ $SQQQ $VXN
Bias: Choppy Neutral (Leaning Bearish) Top Watches: Tune in to my Live Stream @9:50 EST for my list of top stock watches Follow @JLaing for a timely morning bias of the market, top stock watches, and live day trading every morning!
Amazon has been beaten down hard this year and I think its time to start scaling in long. Multiple factors are coming into play here as we approach the white line. I plan to start a 1/4th of a total long term position at the white line. As the chart develops and amazon makes its moves, I will update this post as to where I am adding to this long position (if I add).
Fedex #fdx is in a clear sell/short range now. if the market is able to continue the momentum we could see #fdx reach 205/210 level but needs alot of liquidity to break resistance. the stock clearly respects the trend lines on the chart based on its history. likely downside levels 120 short term, 106 and lastly below 100. its best to wait and let it play out...
Banker Fund Signal has been detected at our system #AXTERIA Banker Signal Level : Banker V7 (Normal Data) Hope can challenge next TP 200, 210 (20% gains above) Safe Point /Price need stand above :140 Stock Library ST2U FB #Malaysia Stock Market Terms & Conditions All contents are intended for educational purposes only. should not be taken as investment advice...
BBCA's going to drop to nearly 7650 Prepare to Buy on weakness #fibomic #BBCA
EUR/USD 🔼 GBP/USD 🔼 AUD/USD 🔼 USD/CAD 🔽 USD/JPY 🔽 XAU 🔼 WTI 🔼 Major currencies continued their rally against the US dollar. EUR/USD rose to a 7-month high of 1.0759, then closed at 1.0728. GBP/USD added over 80 pips to 1.2183, and AUD/USD has modest gains at 0.6911. Inflation in Tokyo climbed to 4% in December, the highest level in four decades. Meanwhile,...
Looking at the H4 chart, my overall bias for META is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. I'm looking for a pullback buy entry at 124.03, where the 38.2% Fibonacci line is. Stop loss will be at 112.47, where the recent low is. Take profit will be at 137.66, where the 50% Fibonacci line is. Any opinions,...
What we are looking at here is TDOC on the Daily TF. Draw your attention to down sloping trendline (Yellow). You will notice that the yellow trend line is acting as resistance and the price action has hit this line a couple of different times. The price action from today (1/9/2023) helped solidify the downward sloping trendline and showed us that the resistance...
We are longing for a drop to the specified price. We just wait for the correction to complete to enter a short trade
Kinder Morgan - 30d expiry - We look to Sell at 19.25 (stop at 19.71) Levels above 19 continue to attract sellers. Levels close to the 78.6% pullback level of 19.25 found sellers. 19.33 has been pivotal. The previous swing high is located at 19.36. Posted a Double Top formation. Preferred trade is to sell into rallies. This stock has seen poor sales...
🚨🚨🚨🚨🚨🚨🚨 Not sure how this was missed!😱 $DJI looks VERY VERY VERY good Went FULL BULL late Sept/early Oct Mid Nov went neutral to short term bear Mid December turned cautious bull NOW GOOD signs that September was BOTTOM! - This is daily & weekly Inverse head & shoulder pattern = 1 of the best bottom forming patterns IF right shoulder forms here = HUGE We've...
Lucid is going like Tesla sience in 2026 all cars in US must be Electric there is no way that Lucid will fail !! LUCID 10 DOLLARS BY END OF JANUARY Lucid 100 or 200 by 2026 !! The Future is Electric !!!