Stocks
MAGS - Roundhill Magnificent Seven ETF is FLYING! UPDATE!I told you over a month ago IT WAS TIME TO BUY! Did you take me seriously? How about now?
Watch the detailed forecast I posted for viewers Oct 2, 2024.
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Trading Idea: BloomZ Inc. (NASDAQ: BLMZ) | 12 November 2024Animation audio specialist BLMZ has recently showed a consolidation trend with a diminishing selling pressure (as indicated by volume). We see this as a potential start of a trend reversal, on the basis where BLMZ is able to sustain above its current key support level of $0.760. Regardless, we see this as a low risk trade as this support has been tested over multiple times in the past weeks, and we think this is a good chance for traders with zero position.
We rate "Trading BUY" for BLMZ based on the current junction.
Ryde Group Ltd (NYSE: RYDE), Powering Mobility Innovation throug Ryde Group Ltd, recently listed on the NYSE American as “ RYDE ,” is revolutionising the mobility landscape by transitioning to a platform-as-a-service (PaaS) model. No longer just a ride-hailing service, Ryde now offers businesses across sectors—from logistics to quick commerce, a robust suite of tools for fleet management, driver integration, last-mile delivery, and data-driven insights.
Ryde’s shift to PaaS enables businesses to leverage its scalable, cloud-based infrastructure to streamline operations and respond to fluctuating urban demands. This modular platform provides critical flexibility, allowing companies to use Ryde’s AI-driven routing, hyperlocal delivery tracking, and advanced analytics to enhance operational efficiency. Ryde’s unique zero-commission model has also attracted a large driver network, adding value for partners without high fees.
Financially, Ryde is well-positioned for growth. Though revenue saw a slight decline in H1 2024, primarily due to the zero-commission shift to enhance market share, the company improved its adjusted EBITDA by 20%, demonstrating a commitment to sustainable, profitable growth. With cash holdings of $3.19 million and a successful additional financing round in September 2024, Ryde is equipped to continue investing in its platform and expanding its market presence.
As Ryde advances its mission to support businesses in the Asia-Pacific region, its PaaS model positions it as a key enabler in the future of urban mobility. By empowering companies with adaptable, efficient solutions, Ryde is not just keeping pace with market trends but actively shaping the future of transport and commerce.
We remain positive on the future prospects of Ryde in 2025.
BankNifty Support and Resistance Levels For 13th Nov 2024I’ve created a chart highlighting the key support and resistance levels for #BankNifty, designed to help traders make informed decisions.
These levels provide critical insights for understanding potential price movements, enabling traders to identify ideal entry and exit points.
Use these levels to gain a clearer perspective on Sensex trends and optimize your trades with greater confidence.
Remember, these levels serve as guidance, so always combine them with your own analysis and risk management.
Nifty Support and Resistance Levels For 13th Nov 2024I’ve created a chart highlighting the key support and resistance levels for #Nifty, designed to help traders make informed decisions.
These levels provide critical insights for understanding potential price movements, enabling traders to identify ideal entry and exit points.
Use these levels to gain a clearer perspective on Sensex trends and optimize your trades with greater confidence.
Remember, these levels serve as guidance, so always combine them with your own analysis and risk management.
Sensex Support and Resistance Levels For 13th Nov 2024I’ve created a chart highlighting the key support and resistance levels for #sensex, designed to help traders make informed decisions.
These levels provide critical insights for understanding potential price movements, enabling traders to identify ideal entry and exit points.
Use these levels to gain a clearer perspective on Sensex trends and optimize your trades with greater confidence.
Remember, these levels serve as guidance, so always combine them with your own analysis and risk management.
FinNifty Support and Resistance Levels For 13th Nov 2024I’ve created a chart highlighting the key support and resistance levels for #finnifty, designed to help traders make informed decisions.
These levels provide critical insights for understanding potential price movements, enabling traders to identify ideal entry and exit points.
Use these levels to gain a clearer perspective on Sensex trends and optimize your trades with greater confidence.
Remember, these levels serve as guidance, so always combine them with your own analysis and risk management.
GOOGLE Enormous upside confirmed by a 1W Bullish Cross eyes $235Alphabet Inc. (GOOG) has been trading within a 2-year Channel Up since the October 31 2022 bottom of the Inflation Crisis Bear Cycle. Having already started the new Bullish Leg of the pattern following the rebound on the 1W MA50 (blue trend-line), the price completed last week a MACD Bullish Cross on the 1W time-frame, the first since March 25 2024. That was halfway through the previous Bullish Leg.
The 2-year Channel Up has only given us another 3 such MACD Bullish Crosses, so this is in fact a strong and rare bullish signal. As you can see, so far we've had two major Bullish Legs within the Channel Up, both topped after roughly +60% price increases and both reached at least the 2.382 Fibonacci extension measured from their respective corrections.
Since the 2.382 Fib extension is this time considerably above the Channel Up, it is only natural to assume that yet again the Bullish Leg may complete a +60% rise from the September 09 bottom.
As a result, our Target towards the end of Q1 2025 is $235.00.
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Japan Nikkei index- just a quick post to show u something.
- As always everything is in the graphic.
- Now look at Japan Index closely.
- So a quick crash happened but look where Nikkei Bounced.
- i always speak in my posts that :
- " Supports are always turning to resistances ".
- " Resistances are always turning as supports ".
- Here you have a perfect exemple with Nikkei225.
- if u can trade Cryptos, u can trade anything else!
Happy Tr4Ding !
"En Route to Recovery" - EuroSports Global Ltd. (SGX: 5G1)Based on our observation, EuroSports Global has been showing signs of recovery alongside with a sign of collection (as indicated by the MCDX indicator), while RSI shows a neutral-positive upwards trend. Currently, EuroSports is challenging its key resistance at S$0.200, with a potential to challenge higher upon breaching the resistance, while key support remains at S$0.160 as tested multiple times over the past week.
We keep a "BUY" rating for EuroSports Global, given the encouraging momentum the share price is showing.
Nvidia Daily UpdateNvidia Daily Update – We’ve broken out of a triangle pattern, and now the market is pulling back. If we see a breakout from the top of this pullback, it could present a strong entry point. My projected target for this move is the green level. Let’s keep a close watch on this setup!
MICROSOFT: Channel Down bottomed. Bullish wave starting to 540.MSFT is neutral on its 1D technical outlook (RSI = 48.171, MACD = -0.910, ADX = 23.585) as since the September 6th Low it has been ranging sideways. Despite the lack of trend, this price action still hit the bottom of the long term Channel Up and technically the new bullish wave should start. The conditions for that are perfect as the 1D MACD just formed a Bullish Cross. The last bullish wave touched the HH trendline of the Channel Up after surpassing the 1.786 Fibonacci extension. That is our current target (TP = 540).
See how our prior idea has worked out:
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