Throughout history, gold has been recognized as a reliable store of value. It doesn't corrode, tarnish, or decay over time, making it an enduring asset. This stability makes gold an attractive option for preserving wealth across generations. Hedge Against Inflation: Gold has often been considered a hedge against inflation. When inflation erodes the purchasing...
Blue Star Ltd. It offers India's widest range of air conditioning and commercial refrigeration products and a comprehensive range of air purifiers, air coolers, water purifiers, cold chain equipment and speciality products. Blue Star Ltd CMP is 952.60. The Negative aspects of the company are High Valuation (P.E. = 41.9), MFs are decreasing stake, and Promoter...
Data Patterns (India) Ltd. is among the few vertically integrated defense and aerospace electronics solutions providers catering to the indigenously developed defense product industry. It is one of the fastest-growing companies in the Defense and Aerospace Electronics sector in India. Data Patterns (India) Ltd CMP is 1978.55. The Negative aspects of the company...
XBI - long term profit ? A famous index, descending trendline break out, above the 150 moving average line, high volume. Only an idea and not a recommendation for trading!
NFLX is staging a rebound on the 1D MA50 on a marginally bullish 1D technical outlook (RSI = 56.295, MACD = 4.710, ADX = 36.125). We don't consider this a buy opportunity as even if a slightly HH is made, the 1D RSI is showing a Bearish Divergence on a Channel Down, the same kind of bearish pattern that started the bearish waves in the two HH prior. Consequeantly...
Heavy base build up on chart, such build up ensure the rally of 100%+ returns in 14-15 month period
Hello Traders ! The S&P500 Reached A Resistance Level (4777.47 - 4817.20). Currently, The Price Failed To Create a New Higher High. The Last Higher Low is Broken (ChoCh) 4691.98 - 4702.18. So, I Predict a Bearish Move📉. Let's Wait For Retest... ----------- TARGET: 4642.00🎯
Near support zone. Long term target 680 Disclaimer : This is not a Buy or Sell recommendation. Please consult your financial advisor before making any investments . This is for Educational purpose only
When NASDAQ index reached the midline of the main historical channel, the hammer landed on its head. Then the bottom of the ascending channel was lost and now it is pulling back to the bottom of the broken channel with the confirmation of the indicator for a pullback. The predicted route is specified.
📊 Fed's Influence: Ally Financial (ALLY) positioned to benefit from the Federal Reserve's indication of multiple interest rate cuts in the latter half of 2024. This shift is expected to drive higher loan demand and boost net interest income. 💵 Interest Rate Dynamics: Lower rates to depositors anticipated, stimulating increased borrowing. 🔍 Strategic...
🌟 Lumakras Breakthrough: Amgen (AMGN) pioneers cancer treatment with Lumakras, the first medication targeting a mutation found in approximately 13% of lung cancer patients. 💰 Strategic Acquisition: Amgen acquires Horizon Therapeutics for a substantial $28 billion in cash. Incorporates Tepezza, an FDA-approved medicine for thyroid eye disease, into Amgen's product...
In the first week of 2024, major U.S. indices turned to the downside. Year-to-date, the Nasdaq 100 declined by about 2.2%, the S&P 500 by 1%, the Dow Jones Industrial Average by 0.3%, and the Russell 2000 by 3%. The situation is no better overseas, where in the Chinese market, major indices also slipped lower. In particular, the Hang Seng Index lost about 5.3%,...
Is it possible for the stock market to repeat itself? After the stronger-than-expected NFP last week investors are repricing the aggressive FED rate cuts expected for 2024. This was immediately affected in the stock market as the main indexes dropped and the dollar managed to recover some ground. The month of January is generally weak for the index as the...
This is my analysis for SPY this week and if you have any questions feel free to leave your comment here. I am expecting a deeper retracement for now. All the levels have been discussed in this analysis. NOTE: UNDERSTAND & THEN TRADE WITH PROPER RR.
Hello Crypto Enthusiasts, 🚀 Exciting news! Master Chef is back in the kitchen, ready to serve up some piping hot hypotheses on crypto tokens, including potential meme tokens for us all to feast our eyes on! 🍲 Today, let's delve into why BTC is set to soar to new heights. 1.) 📈 EMA Health Check: The 4-hour time frame EMAs are looking fit and fabulous. Could this...
PTON long term profit ? Descending trendline break out, 150 moving average line break out, a resistance line break out in a high volume. Only an idea and not a recommendation for trading!