Last year in September, we analyzed Porsche's stock following its 2022 initial public offering. At the time, we noted Porsche's shares had great prospects in the long term and viewed a potential pullback in price as a great opportunity to buy this stock at relatively reasonable prices (judging by Porsche’s performance during its short life span on the exchange)....
In this chart. Attempt to break previous highs, and making higher lows, gives an opportunity for the to reach yellow lines subject to the level of 435 is maintained. Disclaimer : THIS IS FOR EDUCATIONAL PURPOSES ONLY
This chart has given trend line breakout in 1 hour timeframe. 455 level is sustain then the candles can reach upper levels marked in yellow. This can be achieved in the next 1-3 months. Disclaimer : THIS IS ONLY FOR EDUCATIONAL PURPOSES
Rounding bottom in 1 Hour chart indicated candles can reach 327. We can expect this move in the next 1-3 months, provided that 250 level is sustained by the Candle. Disclaimer : THIS IS FOR EDUCATIONAL PURPOSES ONLY
RKLB is almost oversold on the 1D timeframe (RSI = 31.788, MACD = -0.150, ADX = 26.851) which makes it an automatic technical buy for the long term. Besides that, the price has entered the long term Support Zone that commenced on the June 30th 2022 Low. The pattern is identical to the March-May 2023 bottom. Once the 1D MA50 breaks again, we expect a very...
Good Morning Everyone We finally see what we were expecting. That was the expectation for #Yields to pump higher. There was a NORMALIZATION of the yield curve taking place. However, the 2Yr has moved faster than 10Yr today. IF the #FederalReserve drops rates causing the normalization of the curve it could cause the end of this bull run. The best scenario would...
The VIX’s structure with higher peaks and troughs became distorted after the FOMC meeting. Despite this being a positive development for the markets, it might be proper to stay attentive to the VIX for a couple more days to watch out for any potential rekindling of volatility. Illustration 1.01 Illustration 1.01 shows the daily chart of VIX. The yellow arrow...
NVIDIA (NVDA): NASDAQ:NVDA In our last analysis of NVIDIA, we presented an alternative scenario. However, given NVIDIA's relentless momentum, we find ourselves needing to adjust this scenario once more. We are now inclined to believe that we are still within a subordinate Wave 3 of the overarching Wave (3), anticipating that the price must reach at least the...
NASDAQ:SBAC BUY, TP > 15%, Risk P/L=5/1 S.Loss -2.37% T.Profit +15.40%
Channel pattern breakout after good Consolidation. Looks good for Short term and Long term. Do Like ,Comment , Follow for regular Updates... Keep Learning ,Keep Earning... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Rectangular pattern Breakout after good Consolidation. Volume Buildup . Good for Short term. Target 252 , 305 ,360 . Do Like ,Comment , Follow for regular Updates... Keep Learning ,Keep Earning... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for...
The price drop slowed down on a daily demand zone and we can expect a new rally from the current area to $814, $840 and $890 price points.
Tesla (TSLA) held Support 1 (160.50) last Friday, in fact it touched it and rebounded immediately making a technical Double Bottom formation. Yesterday it broke and closed above the 4H MA50 (blue trend-line) for the first time since March 04, providing s serious bullish continuation signal. The most important development however, is that this Double Bottom has...
Expecting good Momentum . Consolidation done . Coming out of the Range. Good for Short term. Target 170, 220. Do Like ,Comment , Follow for regular Updates... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Hello Traders, Skyboxpips here Amazon has been in a bullish trend and is near the $188 level with great bullish momentum. We can anticipate Amazon reacting to the $188 level by a false breakout then sell to the short-side or a break and retest to the buyside. I
These lines will act as an important support and resistances for the candles
Hello Traders, We all experience the bitcoin bull run for the previous months. Bitcoin reached the all-time high at SWB:69K before facing a resistance level Bitcoin is consolidating at SWB:69K level. We may experience bitcoin continue to the buy-side breaking and closing above the $70k level. On the weekly timeframe, there is a lot of wicks indicating...