Are we waiting for #FOMO in #SPX to spark Fomo in #BITCOINSeems, clear to me the obvious answer is YES!
So let's cheer on #STONKS cracking 5,000 on the #S&P
As we would likely see risk be fully turned on, and cash to flow into the #Crypto space.
FWIW
I think the #Economy stinks
but that doesn't necessarily mean assets can't go up in number.
There are plenty of examples where this is the case.
Argentina. Turkey and so on.
#BLOWOFFTOP scenario is still in play.
Stocks
SMCI This is why investors should always keep a clear mindset.It was only a month ago (November 07, see chart below) when we gave a very strong long-term buy signal on Super Micro Computer Inc (SMCI), in the midst of a price collapse following the resignation of their auditor (Ernst & Young) and compliance delays with stock index requirements:
Putting the fundamentals aside, we made this bold call by purely looking at the technicals, which in turbulent times like these (market fear on news) tend to deliver a clearer and more objective picture.
The price had just hit the 1W MA200 (orange trend-line), for the first time in 4 years (since October 26 2020), while reaching Fibonacci level 1.0, which was the former top of the Channel Up for 4 years until it broke and the stock turned parabolic from January 2023 to March 2024. At the same time, the 1W RSI touched the oversold barrier (30.00) for the first time since March 16 2020 and second since October 01 2018, which was the start of the Fibonacci Channel.
As a result, that gave us a very strong buy signal combo, which as you saw was immediately translated into a price rebound. Less than a month after, the stock is about to close the gap of the October 28 2024 1W candle, which was the week of the Ernst & Young collapse. This amount of buying pressure indicates that there were a lot of long-term buyers waiting on the buy zone we identified and assuming SMCI continues to restore faith in their reported accounting practices, are looking for a new multi-year rally.
Our $122.50 Target remains intact for Q3 2025, which is basically the stock's All Time High (ATH). Technically there is room for a 2025 extension within the 3.5 - 4.0 Fibonacci Zone.
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JAIBALAJI : uplift is coming?1. Jai Balaji Industries Ltd
Analysis:
Wave Structure: Identifies an Elliott Wave correction (ABC structure). Wave C is nearing completion in the 860-841 INR zone.
Buying Range: Highlighted between 860-841 INR.
Target Zone: Marked at 1218-1261 INR, suggesting strong upside potential.
Stop Loss: Defined at 817 INR, just below the buying zone.
Trading Plan:
Action: Place buy orders in the range of 860-841 INR using a staggered accumulation strategy.
Stop Loss: Set at 817 INR to account for potential false breakdowns.
Targets:
First Target: 1218 INR.
Final Target: 1261 INR.
Reasoning:
Wave C completion near the buying range suggests a potential reversal.
Targets align with historical resistance levels, making them logical profit zones.
Long Thesis for Veritone (VERI)• Strong Support Level : The stock is holding near a robust support line around $2.50, which has consistently provided a floor for price action in recent months.
• Demand Zone : VERI is entering a recognized demand zone, historically marked by increased buying interest, making this a favorable region for potential price recovery.
• Entry Price Strategy : It’s advisable to consider an entry slightly below the current support line to account for potential short-term volatility, optimizing risk-to-reward.
• Short-Term Price Target : Expectation of a rebound with a target price between $4.50 and $5.00, representing a potential upside of approximately 70-90%.
This looks like a good opportunity for a rebound play. Keep an eye on the support levels and be ready to manage any risk if the stock moves unexpectedly.
Crossing the hurdles FIEM can fly..Fiem Industries Ltd. is a holding company, which engages in the manufacture and supply of automotive components. It operates through the Automotive and light-emitting diode (LED) Luminaries segment. The Automotive segment comprises of lighting and signaling equipment, rear view mirror, prismatic mirror, plastic molded parts, and sheet metal components for motorized vehicles and others parts for automotive. The LED Luminaries segment includes indoor and outdoor lighting, display panel, and LED integrated passenger information system.
Fiem Industries Ltd. CMP is 1580.10. The positive aspects of the company are Company with No Debt, Company with Zero Promoter Pledge, FII / FPI or Institutions increasing their shareholding, MFs increased their shareholding last quarter and Stocks Outperforming their Industry Price Change in the Quarter. The Negative aspects of the company are moderate Valuation (P.E. = 22.4), Declining Net Cash Flow : Companies not able to generate net cash.
Entry can be taken after closing above 1594 Targets in the stock will be 1647 and 1719. The long-term target in the stock will be 1752 and 1786. Stop loss in the stock should be maintained at Closing below 1448 or 1387 depending upon your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Infosys is building up positive information for investorsInfosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other. Infosys is one of the top Indian companies and an Indian global MNC.
Infosys Ltd. CMP is 1879.80. The positive aspects of the company are Company with No Debt, Company with Zero Promoter Pledge, MFs increased their shareholding last quarter, FII / FPI or Institutions increasing their shareholding and Company able to generate Net Cash - Improving Net Cash Flow. The Negative aspects of the company are high Valuation (P.E. = 29).
Entry can be taken after closing above 1880 Targets in the stock will be 1943. The long-term target in the stock will be 1993. Stop loss in the stock should be maintained at Closing below 1732 or 1719 depending upon your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Microsoft - Short Term Top Formation!Microsoft ( NASDAQ:MSFT ) could create a short term correction:
Click chart above to see the detailed analysis👆🏻
Almost for the entire year of 2024, Microsoft has been moving sideways and respecting the upper channel resistance trendline. It is quite likely that we will see a correction, considering that buyers are still weak, before we then see the overall trend continuation.
Levels to watch: $350
Keep your long term vision,
Philip (BasicTrading)
Meta I Potential correction and more growthWelcome back! Let me know your thoughts in the comments!
** Meta Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
AST SpaceMobile (ASTS) Analysis Company Overview:
AST SpaceMobile NASDAQ:ASTS is pioneering a global space-based cellular broadband network, enabling mobile connectivity in remote and underserved areas. Its BlueBird satellite technology and strategic partnerships position ASTS as a disruptor in satellite communications.
Key Growth Drivers:
BlueBird Satellite Deployment:
Successful launch of the first five BlueBird satellites demonstrates AST’s ability to deliver innovative mobile broadband solutions globally.
This milestone positions the company to begin revenue generation through early adoption and partnerships.
Space Development Agency (SDA) HALO Program:
AST’s selection for the Highly Agile and Low Orbit (HALO) program opens a significant opportunity in the government and defense sectors.
This collaboration may lead to diversified revenue streams and further innovation in secure satellite communications.
Network Expansion Plans:
Agreements for up to 60 additional satellite launches in 2025-2026 will drive subscriber growth, enable broader network coverage, and accelerate revenue generation.
Strategic Partnerships and Investments:
Backing from industry giants like AT&T, Verizon, Google, and Vodafone highlights ASTS’s credibility and potential to reshape the global communications market.
These partnerships may also enhance access to established customer bases, supporting rapid scaling.
Investment Outlook:
Bullish Stance: We are bullish on ASTS above $19.50-$20.00, driven by its transformative technology, strategic partnerships, and extensive market opportunities.
Upside Target: Our price target is $40.00-$42.00, reflecting ASTS’s potential to capture a substantial share of the growing satellite broadband market.
🚀 AST SpaceMobile—Connecting the World, Beyond Boundaries! #SpaceTech #ASTS #SatelliteRevolution
Home Depot (HD) Analysis Company Overview:
Home Depot NYSE:HD , the largest home improvement retailer, leverages its extensive network of stores, robust e-commerce platform, and strategic acquisitions to maintain a dominant market position. The company continues to innovate and adapt to evolving consumer demands while capitalizing on macroeconomic trends.
Key Drivers of Growth:
Strategic Acquisition of SRS Distribution Inc.:
The acquisition enhances Home Depot’s market reach and diversifies its product offerings, particularly in specialty building materials.
This move is expected to drive revenue growth and profitability, strengthening its competitive position.
Projected Sales Growth:
Fiscal 2024 sales are projected to grow 3.8% year-over-year, showcasing Home Depot’s resilience and its ability to capitalize on consistent consumer demand for home improvement products.
Impact of Federal Reserve Rate Cuts:
Recent rate cuts are expected to stimulate housing activity, increasing demand for renovation and home improvement supplies, a key driver of Home Depot’s sales.
Strong Brand and Omni-Channel Presence:
Home Depot’s extensive store network and advanced e-commerce platform provide a seamless customer experience, offering resilience in both physical and digital retail markets.
The company’s reputation as a trusted supplier to both consumers and professionals enhances brand loyalty and repeat business.
Investment Outlook:
Bullish Stance: We are bullish on HD above $385.00-$390.00, supported by its strategic growth initiatives, favorable macroeconomic tailwinds, and robust operational performance.
Upside Target: Our price target is $570.00-$575.00, reflecting Home Depot’s strong growth potential and ability to navigate dynamic market conditions.
📈 Home Depot—Building the Future of Home Improvement! #HomeImprovement #GrowthStock #HD
NAS100 - Nasdaq will welcome Santa Rally?!The index is above the EMA200 and EMA50 in the 4H timeframe and is trading in its ascending channel. In case of a valid failure of the bottom of the ascending channel, you can look for positions to sell Nasdaq to the 20500 target. Nasdaq buying positions will be after breaking the resistance and maintaining the ascending channel.
Following the extended Thanksgiving weekend, financial markets had an opportunity to process a wide array of data and developments. Donald Trump’s victory in the U.S. presidential election earlier this month boosted the markets, as investors anticipated that his promises to cut taxes and ease regulations would enhance corporate profitability. However, Trump’s proposals to impose tariffs on key trading partners were largely overlooked by stock market traders, although certain sectors, such as the automotive industry, experienced adverse effects.
Susannah Streeter, Head of Money Markets at Hargreaves Lansdown, stated, “There is still considerable volatility, and I think this stems from the belief that the potentially damaging impact of Trump’s tariffs may not materialize.”
For equity investors, 2024 has been unexpectedly favorable, with the S&P 500 on track for one of its best annual performances in history. Both the S&P 500 and Nasdaq 100 have risen by more than 20%, while Nvidia’s stock has tripled in value.
The ISM Manufacturing Purchasing Managers’ Index (PMI) last month dropped to its lowest level in a year and has indicated contraction for nearly two consecutive years. Despite the discouraging outlook it provides for the manufacturing sector, optimism remains regarding future economic activity, especially with the beginning of an easing cycle and the continued reduction in interest rates and borrowing costs.
In contrast, the ISM Services Index for October reached 56.0, marking the strongest growth since the summer of 2022 Within this index, the employment component rose by nearly five points to 53.0. Steady consumer demand has been a key driver supporting the services sector. This week, the release of ISM Services PMI data will be closely monitored to determine whether persistent consumer demand and favorable labor market conditions can further stabilize and sustain growth in this sector.
Additionally, the impacts of hurricanes Helen and Milton, along with widespread strikes, led to a modest increase of just 12,000 jobs in the Non-Farm Payroll (NFP) report for October. This report was cautiously interpreted as a clear sign of gradual cooling and weakening in the labor market.
Beyond the NFP data, other indicators such as the unemployment rate, labor force participation rate, and average hourly earnings will also be critical. Together, these data points could guide the Federal Reserve’s decision on a potential interest rate cut in December. While the labor market remains relatively stable, evident signs of gradual declines in employment and wage growth are becoming increasingly apparent.
STELLANTIS (STLAM): Opportunity or crisis? Stellantis CEO Carlos Tavares submitted his resignation to the board of directors chaired by John Elkann, which accepted it. The announcement had come last October that Tavares would lead the carmaker until 2026, helping the company in its search for a new CEO. However, falling profits and the company's collapse on the stock market led the parties to an immediate separation.
The price of Stellantis has fallen by more than 50% over the past year reaching 2022 price levels.
The RSI technical indicator suggests a bullish divergence that could indicate a recovery in the short-medium term.
Volatility is high and is around levels considered to be high volatility, which could suggest a cooling of the price decline and a temporary recovery.
Assuming a bullish scenario in which today's news is read positively by investors, the price could point to two different levels €15 and €20. Instead, negative investor sentiment could drive the price towards the €10 level.
And what do you think about Stellantis? Will you use this drop to accumulate new shares or will you go short?
$LLY Long-Term BuyHealthcare could possibly be the next rotation coming out of this tech bull run. Using the Trade Jeanie (Jeanius Screener/Indicator), I was able to see the current technical buy signals happening on NYSE:LLY :
Inside a HTF fair value gap (3M timeframe)
Took out an untested low (liquidity)
The Jeanius Indicator shows green 'Combo' labels every time this same combination of signals happened
The Jeanius Screener lets me filter my favorite tickers to see which ones are currently taking out untested lows or liquidity
$MRK Long-Term BuyHealthcare could possibly be the next rotation coming out of this tech bull run. Using the Trade Jeanie (Jeanius Screener/Indicator), I was able to see the current technical buy signals happening on NYSE:MRK :
Inside a HTF fair value gap (12M timeframe)
Testing a HTF uptrend line (3M timeframe)
Larkuidity (Liquidity) Sweep
The Jeanius Indicator shows green 'Combo' labels every time this same combination of signals happened
The Jeanius Screener lets me filter my favorite tickers to see which ones are currently sweeping liquidity
Healthcare Sector (XLV) Long-Term BuyI believe healthcare will be the next rotation coming out of this tech bull run. Using the Trade Jeanie (Jeanius Screener/Indicator), I was able to see the current technical buy signals happening on AMEX:XLV :
Took out an untested low
Price touching 21EMA while the 9EMA > 21EMA
Retested a level that was broken to create a break of structure (BOS & Retest)
The Jeanius Indicator shows green 'Combo' labels every time this same combination of signals happened
Nightly $SPX / $SPY Predictions for 12.2.2024🔮
📅Mon Dec 2
⏰10:00am
ISM Manufacturing PMI
📅Tue Dec 3
⏰10:00am
JOLTS Job Openings
📅Wed Dec 4
⏰8:15am
ADP Non-Farm Employment Change
⏰10:00am
ISM Services PMI
⏰10:30am
Crude Oil Inventories
⏰1:45pm
Fed Chair Powell Speaks
📅Thu Dec 5
All Day
OPEC-JMMC Meetings
⏰8:30am
Unemployment Claims
📅Fri Dec 6
⏰8:30am
Average Hourly Earnings m/m
Non-Farm Employment Change
Unemployment Rate
#trading #stock #stockmarket #today #daytrading #swingtrading #charting ⏰
Telsa, Bullish Opportunity: Wait for the Pullback first.TESLA / 1D
Hello Traders, welcome back to another market breakdown.
The market is showing strong bullish momentum, breaking through key resistance levels and signaling a potential continuation to the upside. However, instead of jumping in at current levels, I recommend waiting for a pullback into the breakout zone for a more strategic entry.
If the pullback holds and buying confirms, the next leg higher could target:
1- First Resistance: Immediate levels formed during prior consolidation.
2- All-time high
3- The one standard deviation target is shown in the chart.
Why Wait?
Entering after a pullback ensures you're trading with confirmation and reduces the risk of chasing the market. This approach not only minimizes drawdowns but also increases the probability of catching the trend at a stronger position.
Stay disciplined, wait for the market to come to you, and trade with confidence!
Trade safely,
Trader Leo.
SPX macro analysis ⏰ Hello 👋 it's me your RAJ 🙂 professional trader ✨
This idea 💡
is completely my own analysis to explain situation _&_ market conditions of CBOE:SPX
How this chart valid for long term 📌 explained clearly based on technical #TA 📌 #DYOR
Let's go with market conditions 1st 👉
PPL 📌 thinking 🤔 big crash in S&P500 , based on economy and some other theories
I don't this things go , if this happens 😂 it will vanish not only stocks or companies even goverment also get vanish
Money 💰 >> PPL work / save in -> gold , bank & stocks
Money 💰 >> banks -> save in ->> gold , stocks & giving loan to company & PPL 📌
Money 💰 >> companies -> save in future growth 📈 give return to retailers and keep on increasing vlaue for future like NASDAQ:AAPL , NASDAQ:GOOG , NASDAQ:AMD etc ....
if stocks lose 📌 PPL lose 📌 if ppl lose 📌 goverment also lose 📌 biggest revaluation 😂
This is the major index ☝️ for many stocks , did you think 🤔 it will crash 🩸 that much harder 🙂
Use 🧠
👀 Let's go with my technical analysis ⏰ #TA ->> how I am expecting macro growth 💹
👀 There tend line 🙄 at previous High 2022 > to < 2023 which actually promised
trend 📉 line and even turned as resistance 📌 for 1.2yr
+
Finally it was broken and re-test also done 👍 turned as support 📌 💜💚 🚀
👀 According technical analysis 📌 my analysis get Invalid 📌 when month close below $3800.2
👀 There was oder block strong 🚀 support 📌 in 3 - month $4000-4200
👀 The previous order block at $4300 & $4600 easily broken 😂
These and some other theories making me push towards new high 💰
Expecting target's 🎯
🎯 :: $4880-$5018 ( easy target )
🎯 :: $5324-$5469 ( 💯 target )
🎯 :: $5885-$6484 ( high pressure resistance )
Support 📌 $3900-4200
This is my analysis on S&P500 on macro , i will post other patterns and chart of technical as per education under this post 📌
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🪩 disclaimer :
▶️ TQ u for supporting 💚 follow idea 💡 get updates everytime ⏰ when I updated 📌
Note 👀
👉 keeping comments , reacting with emojis , pointing us is very easy to some people
They think 💬 what they see 📌 that was knowledge 📌
We need to learn market in many ways and should get adopted with experience, TECHNICAL ANALYSIS won't help understanding market structure and understanding bull 🐂 and bear 🐻 is more important
Economical conditions
Fundamentals
Technical
News
Sentiments
Checking macro to micro having good plan and build it is very important ☺️
Some Times market easily turn suddenly bear // bull 🤣 even we need to catch 🫴 those movements is also very important ☺️ 💛
I hope i cleared my view 🙂 if any points if I miss I will add in update 📌 post
Try to understand, try to learn - try to move with flexibility with market is important
Have good day 😊
SWING IDEA - JUBILANT PHARMOVAJubilant Pharmova , a diversified global pharmaceutical and life sciences company, offers an attractive swing trade setup with the following technical factors.
Reasons are listed below :
Break of 1000 Resistance : The price has decisively broken above the significant 1000 level and is sustaining, indicating strength and bullish momentum.
Consolidation Breakout : The stock is breaking out of a consolidation phase lasting over 6 years, suggesting a potential long-term uptrend.
Volume Spike : Increased trading volumes highlight growing investor interest and support the breakout.
Engulfing Candle : A bullish engulfing candle on the weekly timeframe reflects strong buying sentiment.
Target - 1450 // 1590
Stoploss - weekly close below 1030
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
LIC is can defensively insure your portfolioLife Insurance Corporation of India or LIC engages in the provision of insurance plans. It operates through the following segments: Life Business, Pension Business, Annuity Business, Variable Business, Health Business, and Linked Business.
Life Insurance Corporation of India CMP is 985.50. The positive aspects of the company are Attractive Valuation (P.E. = 15), Company with No Debt, Stocks Outperforming their Industry Price Change in the Quarter, MFs increased their shareholding last quarter, FII / FPI or Institutions increasing their shareholding and High Volume, High Gain. The Negative aspects of the company are Declining profits every quarter for the past 2 quarters, Companies with high market cap, lower public shareholding.
Entry can be taken after closing above 990 Targets in the stock will be 1034, 1070 and 1100. The long-term target in the stock will be 1134, 1161 and 1190. Stop loss in the stock should be maintained at Closing below 877 or 818 depending upon your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
GSFC can grow and make it greenGujarat State Fertilizers & Chemicals Ltd. engages in the manufacture and distribution of fertilizers and chemicals. It operates through the following segments: Fertilizer Products and Industrial Products. The Fertilizer Products segment includes urea, ammonium sulphate, di-ammonium phosphate and ammonium phosphate sulphate and nitrogen-phosphorus-potassium products. The Industrial Products segment comprises of caprolactam, nylon-6, nylon filament yarn and nylon chips, melamine and polymer products.
Gujarat State Fertilizers & Chemicals Ltd. CMP is 224.13. The positive aspects of the company are Attractive Valuation (P.E. = 16.9), Company with Low Debt, Company with Zero Promoter Pledge, MFs increased their shareholding last quarter and FII / FPI or Institutions increasing their shareholding. The Negative aspects of the company fall in Quarterly Revenue and Net Profit, Declining Net Cash Flow : Companies not able to generate net cash and Increasing Trend in Non-Core Income.
Entry can be taken after closing above 227 Targets in the stock will be 232, 241 and 250. The long-term target in the stock will be 258, 268 and 283. Stop loss in the stock should be maintained at Closing below 218 or 188 depending upon your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.