Last month (April 18, see chart below), we called for a short-term buy on Rivian Automotive (RIVN) but expected one more pull-back before the absolute bottom: Since however the price broke above the 1D MA50 (blue trend-line) and closed a 1D candle above it too, we have to revise it and we consider April's low to be the bottom (Lower Lows trend-line) of the...
If you haven't already purchased SPY after the 2023 forecast: forecast:https://www.tradingview.com/chart/idea/l6U1M9dJ/ then it's important to be aware that there's a significant bearish divergence in the RSI of SPY, the S&P 500 ETF, which initiated at $469. Anticipating a technical retracement to $495, given its prolonged period of being overbought!
TADAWUL:2222 gave a high quality signal . In fact it just closed above a decisive area . And so TADAWUL:2222 has a high probability to continue up towards the 45 level . Stay tuned for possible updates . Requests , suggestions and remarks are all welcomed .
Strong operating businesses Strong Operating Cash generation year with a run- rate of c1000 Cr plus (pre Tax) annually and growing. Negative working capital due to advance subscription fees (Rs 925 cr as on 31/12/23) Asset-light business models "Zero" Debt. Well Defined approach towards Financial Investments AIF structure for eventual and self-sustained...
My research continues to support more Bullish trending for the SPY and other US major indexes. I keep seeing others propose a market crash scenario - week after week... after week. I certainly hope you were not following their suggestions too closely - because the SPY has rallied more than 7% from the recent lows. That's a lot of losses piling up for anyone...
Based on a bull baer power indicator of "push/pull" type; after I edited the dimensions of the indicator for volume instead of moving average I found BRK.B new to always be Bearish. Unlike BRK.B NEW, the BTC indicator had bearishness many years ago and since is Bullish. Too bad I can't overlay to different charts to show each individual indicator representing each...
blood company, they have a warehouse based here in Utah, only reason I know of the company; as it turns out they did reach an all-time high and drop. Too bad. Wonder what happened? They were doing so well.
This is a month calendar of NexGen Energy -- only gains. My buy price in 2020 was $1.3; There is no telling what will happen in the future of a stock price. This would have been a keeper. Most stocks are losers. Not this one. Because I don't actually trade stocks don't take this post as any measure of knowledge about the stock.
Only Twice in 150 Years of US Equities has the Shiller PE ratio gone higher than the 1929 TOP 2000 & 2022 The Shiller PE is useful as it smooths out the PE ratio over a 10 year average ... very useful for forecasting. The financial markets have been perverted & all know this. The #FED can only print and save your Assets after a financial crisis appears on...
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seasonal tendency is kicking in! What are your thoughts??
Arm Holdings (ARM) got rejected yesterday on the 1D MA50 (blue trend-line) after recovering it following a full month of trading below it. As the price got outside its long-term Buy Zone (green), this pull-back might be the last opportunity to buy the stock before Resistance 1 is tested. Our Target is marginally below it at...
After enduring a tumultuous three-year period following its all-time high, Gamestop has begun to exhibit promising bullish signs. The company's recent performance indicates a potential reversal in fortune, and investors are starting to take notice. With renewed optimism surrounding Gamestop, it will be fascinating to observe its progress in the coming months and...
NASDAQ:DLTR , Long, TakeProfit > 15-20%, P/L = 5/1 waiting for a point to enter a long position
NYSE:DT , BUY, TakeProfit > 20%, P/L = 5/1 Keep this position
NYSE:GME 🚀 NYSE:AMC In a single day, GameStop was able to outperform an entire year of BTC. GameStop stock and AMC shares soared Monday after Keith Gill, who sparked the meme stock rally during the pandemic, made his return to social media for the first time in three years. The New York Stock Exchange temporarily paused trading on GME stock 34 times....
Good Morning Everyone! The 2Yr Yield is retesting the recent support level, highlighted by arrows. The 10Yr #yield is currently breaking the recent uptrend. The yellow box was highlighted in the last post showing the WEAKNESS. However, forgot to speak on that yesterday (see profile for more info). They cannot lower #interestrates... But they must, at least...
I posted a similar video yesterday, but it was taken down because I screwed up the content. So, I'll try to post this video without messing up the content. The US markets (particularly the NAS100 - as shown in this video) will likely continue to move in a strong bullish price trend - even against the multiple divergences and other technical peak/exhaustion...