NIO- showing signs of a potential bullish trend NIO Inc. is showing signs of a potential bullish trend in the short term, supported by both technical and fundamental factors:
Technical Perspective:
Strong Support Zone: The price is currently holding above a key support level near $4.50, previously marked as a "strong low," which indicates buyer interest in this zone.
Change of Character (CHoCH): Multiple CHoCH patterns visible on the chart suggest a potential reversal from the recent downtrend, pointing toward upward momentum.
Upside Target: The immediate resistance levels are between $5.00 and $5.50, which align with prior supply zones, presenting a potential target for bullish movement.
Fundamental Perspective:
Improving Sentiment: Recent developments in the EV industry, coupled with positive policy measures in China supporting the sector, could boost investor confidence in NIO.
Undervalued Price: Current levels suggest the stock is priced attractively, with the negative sentiment and earlier concerns appearing to be overdone, leaving room for recovery.
While the long-term trajectory depends on broader market conditions and company fundamentals, the short-term outlook points to a potential upward move toward $5.50.
Stocks
Reliance Down but seems not out. Reliance is one of India's premier companies with a market cap currently at Rs.1710830.2 Crores. After the stock split the stock lost momentum and had been falling drastically. Right now it is belo Mother and Father line on daily charts. With profitability and EPS set to increase from 2025 onwards as per the last Speech of Mr.Mukesh Ambani Reliance still can to be ruled out as a long term pick and a portfolio stock.
Technically the stock is weak but as it is a Long term investment idea and Portfolio stock the levels at which it is trading are looking mouth-watering. Tracking quantity entry or X/3 entry levels are mentioned below for the stock.
There is a news today of Reliance entering a long term contract with Russia worth 13B a year at current prices. Along with this news Reliance is trading at a price of 1263. The near by support zones are at 1241 and 1218. Long term support is near the zone of 1150 to 1043. X/3 entry for educational purpose of tracking quantity of Reliance can be taken at current levels or if it falls further to 1241 or 1218 levels and bounces from there. (Entry on bounce not while it is falling). The second entry can be taken on bounce after closing above 1328. Final entry after closing above 1387 levels. Long term targets for Reliance will be 1442, 1530 and 1600+ levels. Stop loss can be maintained at a monthly closing below 1043 (It is very unlikely if it goes there).
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.
MDLZ $72.00 - Don't Miss Out on This 18%NASDAQ:MDLZ announced it would like to buy NYSE:HSY which led to a drop to $60. The sell-off came with a high volume and an oversold RSI. The buyers were able to buy the stop up to $61.44 getting it into the support zone. The sell-off did also respect the current bearish channel we're in. From this point on we could see a little bounce or the start of a new bullish phase inside this huge sideways channel.
Our first target would be the resistance at $64.22. If we bounce from this we could see another leg down which is why we should take profit here and move the stop-loss to break-even. If the stock decides to use its momentum for more we could target the area at $73.00. We exit this trade if the stock closes on the daily chart with a candle below the support zone of $60.67.
Resistance / Target Zones:
$64.22
$73.00
Support Zone:
$60.67
Let me know what you think!
$NEST - POWER PLAYIDX:NEST - PRIMARY BASE
06-12-2024
(+):
1. Low risk entry point
2. Price surge up almost 100% since it’s IPO indicated that the stock is strong
3. Volume dries up with VCP characteristic during this tight pause
4. One of IPO leader after IDX:DAAZ
5. RS Rating is over 70 (80)
(-):
1. Not the best Power Play setup, on the textboox: There is an explosive price move up over 100% on huge volume within 8 weeks and not corrective more than 20%
NETFLIX historic pattern targets $1500 in 2025.Last time we looked at Netflix (NFLX) was on its earnings release (October 21, see chart below), when we gave a strong bullish signal that easily hit our $840.00 Target:
Since 3 week ago, the price even broke above the dominant 1-year Channel Up and is now in search of a new pattern. This pattern can be found if we zoom out considerably on the 1W time-frame, where the underlying pattern since the U.S. Housing Crisis is a 25-year Channel Up.
The symmetry within this pattern is high and in fact since the June 2022 market bottom (which was a Higher Low on the Channel Up), the stock has been on a Bull Cycle. The Bear Cycle that preceded it had a massive decline of -77%. The last correction of this magnitude was the July 2011 - August 2012 Bear Cycle, which declined by -83%.
The two Bull Cycles that followed Netflix's golden years were identical (+825% and +847%). As a result, we assume that the current Bull Cycle will also rise by at least +825% from its bottom, which gives us a $1500 Target towards the end of 2025.
Notice also how both the 2012 - 2014 and 2022 - 2024 Bull Cycles had a 1W Golden Cross.
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Is LCID Ready to Defy Gravity?!Here I have NASDAQ:LCID on the Daily Chart.
Price has been wrestling with the ( $2.55 - $2.30 ) area all 2024, but with the new Gravity SUV finally in production:
www.tradingview.com
along with tension easing from speculation on what the Trump Administration plans to do with the EV Sector:
www.tradingview.com
We could see Price on NASDAQ:LCID take off!
Since the August High's @ ( $4.43 - $4.25 ), Price has been following a Falling Resistance but we see on Dec. 6th, Price not only became extremely Bullish testing the Falling Resistance from underneath but also:
-Built Massive Bullish Volume
-RSI Pushed Above 50
-Followed by a Bullish Candle Close outside of the Falling Resistance to start the week on Dec. 9th.
*Suggesting Market Sentiment is changing and Bulls could be getting ready to take over!
Today on the 11th we see Price has made a Pullback to the Falling Resistance to Retest the Break @ $2.28 and is currently trading up to $2.35 showing a good Bullish reaction to the Lower Prices now!
We must continue to see RSI stay Above 50 and Bullish Volume remain dominant upon Prices rise along with good output from the new product line and the company continuing to gain investing support!
Revisiting The 2021 Stock Picker Bull MarketThe charts of companies like Applovin, Carvana, and Twilio are all companies that, at one point, were high flyers during the 2020/21 bull market. However, they are also poster child's for its subsequent collapse. But then again, pay close attention to the charts that I've shared here... something is brewing.
Applovin: A Sudden Vertical Surge
Starting with Applovin (far left panel), the stock has gone vertical recently and what's most fascinating about that is the simple fact that the naysayers who were saying it was a bubble have been blown out. Not only has it reclaimed its prior all-time highs, but now it's also soaring to new heights as one of the year's best performers.
Carvana: Rising from the Ashes?
In the middle chart, Carvana’s chart is equally jaw-dropping. Once the poster child for pandemic-era excesses, Carvana’s bubble famously popped in 2022. The steep decline appeared terminal for the company’s stock price. Yet here we are, with Carvana now climbing back a significant chunk of its losses.
In my view, this rebound reflects an emerging trend: the market’s willingness to forgive past excesses.
Twilio: From Bust to “Interesting”
Finally, Twilio’s chart (far right panel) shows a similar recovery story. After its epic collapse in 2022, Twilio found itself trading in the bargain bin. Now, the stock is seeing renewed interest. While the rise isn’t as steep as Applovin’s or Carvana’s, the pattern of recovery is unmistakable and it's why I am writing this post: is something brewing? Are these companies for real? Can they print money for investors, emerge into new sectors, build new products, and expand? It seems that the builders are clearly emerging.
I write all of this to say the following – I believe there are a basket of stocks that are falling into this category and as we had into 2025, you should have your watchlist ready. I will soon be publishing my extensive watchlist on this subject. Stay tuned!
NVIDIA (NVDA) Daily AnalysisNVIDIA (NVDA) Daily Analysis
On the daily time frame, NVIDIA has already broken out of a triangle pattern and is now forming a potential head and shoulders pattern. Here’s the breakdown of the current structure:
Gray support zone: A critical level to monitor. If this level breaks, the next significant support is the purple support zone, which also aligns with the Point of Control (POC) at this level.
If the price retraces to the purple support zone, it could present a potential entry opportunity with proper confirmation.
Based on the projection from the triangle breakout, the green zone remains a key target for later upward momentum.
This is a free idea I’m sharing with the community. If you find value in my analysis, your likes, shares, and follows would be greatly appreciated. I take the time to share my insights, and your support motivates me to keep doing so. 🙏
Thank you!
($WW): Strategic Entry into Weight Management SectorI spend time researching and finding the best entries and setups, so make sure to boost and follow for more.
WW International, Inc. ( NASDAQ:WW ): Strategic Entry into Weight Management Sector
WW International, Inc. (WW) is a stock in the USA market. The price is 1.61 USD currently with a change of -0.04000 (-0.02424%) from the previous close. The intraday high is 1.69 USD and the intraday low is 1.555 USD.
Trade Setup:
- Entry Price: $1.29
- Stop-Loss: $0.6800
- Take-Profit Targets:
- TP1: $2.28
- TP2: $3.75
Earnings Reports:
In the second quarter of 2024, WW International reported disappointing results, leading to a 1.9% drop in stock price into record-low territory.
Valuation Metrics:
The company's market capitalization stands at approximately $109.41 million, with a Price-to-Sales Ratio of 0.14, reflecting the market's valuation of the company's sales.
Dividends:
WW International does not currently offer dividends, focusing instead on reinvestment into the company's growth and restructuring efforts.
Market News:
Recent executive changes include the appointment of Felicia DellaFortuna as the new Chief Financial Officer, effective January 1, 2025. Additionally, the company has introduced compounded GLP-1 obesity treatments to its services, aiming to provide accessible and affordable clinical weight management solutions.
Analyst Ratings:
WW International has received a consensus rating of 'Hold,' based on 3 buy ratings, 2 hold ratings, and 1 sell rating.
Risk Management:
Implementing a stop-loss at $0.6800 helps mitigate potential losses, while the take-profit targets at $2.28 and $3.75 offer favorable risk-reward ratios. Given the stock's volatility and recent market developments, strict adherence to these levels is crucial.
When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave!
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
Ryde's Zero-Commission Model: A Disruptive Shift!!The e-hailing industry thrives on competition, but few have innovated as boldly as Ryde.
Traditionally, e-hailing platforms operate by charging drivers a commission fee on each trip, often ranging from 10% to 25%.
While this provides platforms with a steady revenue stream, it has long been criticised for cutting into drivers’ take-home pay. Ryde’s new model of zero-commission charged on drivers eliminates this commission structure entirely, ensuring they retain the full fare for every ride.
To make this approach viable, Ryde has introduced a nominal platform fee for riders, charging S$0.55 for trips costing S$18 or less, and S$0.76 for rides above S$18. For non-cash payments, a small transaction fee of 1.9% plus S$0.24 is applied. This transparent pricing strategy balances affordability for riders and operational sustainability for the platform.
By adopting this model, Ryde directly addresses a key pain point in the e-hailing industry: the financial strain faced by drivers. Empowering drivers to earn more from their rides not only increases their financial stability but also fosters greater loyalty to the platform. This innovative approach positions Ryde as a driver-friendly alternative, distinguishing it from competitors that rely heavily on commissions to generate revenue.
For riders, the benefits are equally significant. Ryde’s pricing remains competitive despite the introduction of platform fees. Transparency in fare calculations builds trust among passengers, ensuring they know exactly what they are paying for. In an industry where fare structures are often complex and opaque, this clarity enhances the user experience and strengthens Ryde’s reputation as a reliable and ethical service provider.
Now is the time to watch Ryde closely. Its innovative business model has already begun to draw attention, and the potential for growth is significant. The zero-commission structure is likely to increase driver participation, enabling Ryde to expand its services and reach. Furthermore, its ethical and transparent approach builds trust among both drivers and riders, laying a strong foundation for continued success.
Ryde’s decision to embrace innovation and fairness demonstrates its adaptability in a rapidly evolving industry. This willingness to challenge the status quo makes it more than just another e-hailing platform. Ryde represents a shift towards a more equitable future in ride-hailing, one where drivers, riders, and the platform itself can thrive together. In an era where consumers and stakeholders value ethical practices, Ryde is not just a company to watch—it’s a company worth supporting.
SWING IDEA - VEDANTAVedanta Limited , a leading natural resources company in India, is presenting a strong swing trade setup, supported by key technical signals.
Reasons are listed below :
500 Level Breakout Attempt : After multiple tests, the price is attempting to break out from a crucial level following a tight consolidation near its all-time high.
14+ Year Consolidation Break : The stock is on the verge of breaking a consolidation zone that has persisted for over 14 years, signaling a significant long-term trend change.
Bullish Marubozu Candle : A strong bullish marubozu candle on the weekly timeframe underscores robust buying interest.
EMA Support : Price action is trading decisively above the 50 and 200 EMA, indicating sustained bullish momentum.
All-Time High Breakout : The stock is poised to surpass its all-time high made in 2010, signaling potential for further upside.
Target - 580 // 675
Stoploss - weekly close below 425
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@visionary.growth.insights
DIS_1W_Disney_BuyThe Walt Disney Company:
It is known as one of the largest media and entertainment companies in the world. The headquarters of the Walt Disney Company and its main studio are located in the state of California.
Today, this company owns 14 amusement parks, owns 73% of National Geographic shares, many television channels, including ABC, Disney Network and Fox Media Network.
The company is a member of the Dow Jones Industrial Average.
We support and buy. The number range is 100 to 110
The medium-term target number is 180
70% price growth
S&P 500 Index→Simple Analysis SP:SPX The S&P500 index (SPX) has had an excellent run since the time (August 28, see chart below) we introduced the following piece of analysis on the similarities between the 2015 - 2017 fractal and today's 2022 - 2024:
If it continues to replicate the past pattern into the 2018 fractal as well, then we may experience the last correction of the Bull Cycle around March 2025 towards the 1W MA50 (blue trend-line) as it happened in February - March 2018 and then the final rally to a new All Time High (ATH) towards the end of the year (October - December 2025).
What this pattern shows, and what we've presented to you as a possible scenario on previous analyses, is for a new Bear Cycle to begin in 2026, four years after the Inflation Crisis of 2022, that will once more test the 1W MA200 (orange trend-line), which is the market's long-term Support.
As a side-note to investors, it is important to understand that corrections are cyclical and crises systemic. Long-term, multi-year patterns like this, help us understand with a certain degree of efficiency, when to enter and when to exit. Timing is at times (especially on such long-term horizons), more important than pricing.
S&P500 - The Most Important Channel Breakout!S&P500 ( TVC:SPX ) is retesting a crucial breakout area:
Click chart above to see the detailed analysis👆🏻
During 2024, the S&P500 rallied more than 25% after we already saw a very bullish year of 2023. However, momentum is always more likely to continue and since the S&P500 is currently retesting a major breakout level, this bullish momentum could lead to a final breakout.
Levels to watch: $6.000
Keep your long term vision,
Philip (BasicTrading)
TESLA: Can it reach $500?Tesla is overbought both on its 1D (RSI = 76.375, MACD = 28.880, ADX = 43.174) and 1W (RSI = 76.043) technical outlooks. This however isn't by any means a bearish sign, at least not on the long term. Tesla appears to be aiming for $500 in the immediate future and in our view even higher on the long term. The reason is the convincing 1W Golden Cross that is about to be formed and the last time we had such a clear Cross was on January 21st 2020.
The stock was ona bullish breakout after a Channel Down correction. The breakout initiated a rally that was supported by the 1W MA50 all the way until the November 2021 Top on the 4.5 Fibonacci extension! Tesla's 2025 target shouldn't be $500 but instead the 2.0 Fibonacci extension at $640. As long as the 1W MA50 supports, we will stay long term bullish towards that target (TP = 640.00).
See how our prior idea has worked out:
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APPLE targeting $265 at the top of the Channel UpApple (AAPL) has been trading within a Channel Up pattern since the January 03 2023 bottom. At the moment the price is on the pattern's second long-term Bullish Leg, supported by the 1D MA50 (blue trend-line).
As long as this line holds, we expect the Bullish Leg to complete a +20.82% rise (similar to December 14 2023) from the U.S. elections low and target $265.00. The fractals are quite similar as the 1W MACD is forming now a Bullish Cross, in indentical fashion as November 20 2023.
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GXAI price reaction to major NEWS with potential further upsideRoseland, NJ, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. ("Gaxos" or the "Company"), a company developing artificial intelligence applications across various sectors, today announced that the Company released a visual editor for Godot Engine for their artificial intelligence solution for game developers and publishers, Gaxos Labs. The Godot visual editor introduces a user-friendly interface that simplifies the process of embedding AI-driven features directly into game projects.
$COIN Coinbase fakeout and pump?Can't even explain why but I feel like something similar might happen. Looks a bit dumpy tho.
I wouldn't enter short. Just wait for this fakeout, might be local bottom. and Pump that would take CRYPTOCAP:BTC back up and further push down CRYPTOCAP:USDT.D
Might not even reach the entry price for long. ~295$