Company Overview: NYSE:DOLE PLC is a global leader in the fresh produce industry, with a strong portfolio of fruits and vegetables. As consumer demand for healthier food options continues to grow, Dole is well-positioned to capitalize on this trend. The company’s vast global network and operational scale give it a competitive edge in meeting this rising demand...
By analyzing the Tesla stock chart on the weekly (logarithmic) timeframe, we can see that, as expected, the price entered the supply zone at $235. After reaching this level, the stock faced a decline and corrected down to $210! It is likely that we will see further correction in Tesla's stock price. However, as mentioned in the previous analysis, due to the recent...
The current atmosphere is of extreme fear. However VIX has not spiked as much as anticipated and a significant amount of assets are either completely oversold or seemingly getting ready to short squeeze (see GME, DJT, BTC). Looking at the chart, the top also seems incomplete. US elections are forthcoming, and global M2 supply is rising. I cannot currently see the...
I believe the nasdaq will make a move to the htf sellside liquidity to do a stop hunt and sweep the liquidity, then continue its movement to the daily fvg zone.
Ratnamani Metals & Tubes, a leading manufacturer of stainless steel and carbon steel welded pipes and tubes, is showing a potential swing trade setup with several bullish technical signals. Reasons are listed below : 3800 Zone Break Out : The 3800 level has acted as a strong resistance zone. The price is now breaking through this level, signaling the...
BTCUSD is trading weak ahead of the US Non-Farm Payroll (NFP) data, having hit a low of $55,282 and currently hovering around $55,958. The number of large investors holding between 100 and 1,000 BTC has reached a one-month high of 16,120, indicating that whales are buying BTC at lower levels. BTC ETFs have experienced an outflow of $211 million, marking the...
CarTrade Tech is showing a promising swing trade setup based on the following key technical signals. Reasons are listed below : Break of Cup and Handle Pattern : The price is attempting to break out of a classic cup and handle pattern, which is a strong bullish continuation signal. 950 Zone Tested Multiple Times : The 950 zone has been tested repeatedly,...
Technical Analysis and Outlook: Throughout the trading sessions of the current week, the S&P 500 Index has demonstrated significant downward movement, completing an Inner Index Dip at 5408 and establishing a new Mean Resistance level at 5530. There is a strong likelihood of a rebound to this level. Further, emphasis is placed on achieving the extended downward...
This setup presents an attractive opportunity for swing traders to capitalize on the potential uptrend in SBI Cards . Reasons are listed below : Strong Support at 670-700 Levels : SBI Cards has established a robust support zone in the range of 670-700 levels, indicating strong buying interest and potential reversal points. Bullish Marubozu Candle : A...
Chalet Hotels is offering a promising swing trade setup, backed by key technical factors. Reasons are listed below : Break of Symmetrical Triangle : The price has broken out of a symmetrical triangle pattern, signaling a potential upward move and a shift in market sentiment. Bullish Marubozu Candle on Daily Timeframe : A bullish Marubozu candle on the daily...
Marico Limited, headquartered in Mumbai, Maharashtra, carries on business in branded consumer products. Marico manufactures and markets products with the brands such as Parachute, Parachute Advanced, Nihar, Nihar Naturals, Saffola, Hair & Care, Revive, Mediker, Livon, Set-wet, etc. Marico Limited CMP is 665.25. The positive aspects of the company are Dividend...
Bajaj Electricals Limited was incorporated in July, 1938. The Company is engaged in business of consumer products (appliances, fans, lighting), EPC (illumination, power transmission and power distribution) and exports. Powered by a Pan-India presence and a market leading position in the industry, the Company functions through 20 branch offices which are duly...
DJT (Trump Media) Short Interest % Float 15,93 % Off-Exchange Short Volume Ratio 57,52 % With the upcoming political events and elections and this stock being a potential investment vehicle for allies, and also considering how far the stock has been sold down by now, this seems like an ideal candidate for a massive short squeeze. Disclaimer: This idea is not...
An almost perfect double headed H&S pattern completed this week with the price breaking out of the neckline to the downside. More weakness expected.
Each time the VIX spiked to extreme levels in the past 15 years, a market bottom was developed. I don't think this time is any different.
NDQ has been severely overweight in the recent weeks. Mostly due to the carry trade with NI225 plummeting practically out of nowhere then rebounding instantaneously. I believe the Nasdaq along with other indices are heading toward last month's lows in the coming weeks but will rebound and move upward from there. Recession? No I don't think so.
Consistent with my entire market thesis, I am looking for the NASDAQ to selloff back to the 2018 price level, with the additional likelihood that we will test the Covid bottom from 2020. If you own NASDAQ:QQQ , I advise an immediate sell; if you are looking to increase profit, you can short the Nasdaq. Folks, we are in a recession and the market-makers are not...