Stockstrading
What will happen to Amazon Inc.'s stock when the market opens?Okay, so after surfing through Amazon Inc.'s stock chart in various time frames. I was able to draw Strong Support and Strong Resistance levels respectively. So when the market opens up; as per my prediction there should be a breakout in the upward direction. As the level on which the current candle is standing is strong. Because whenever a breakout happened at that level; consolidation was almost minimal and the market came right back up. So if you're investing on an hourly basis or even trading. I would say make call for it. As I'll be doing the same.
Chico provides IMPROVED 3-year financial targets!Hi there, Yurii Domaranskyi here.
Risk vs Reward = 1 to 20.57 ✨
It means if you risk here 100$ you may make 2057$ Not bad, huh?
$ITNC - Dip Buy @ 2018, 2019, 2020, & 2021 "Low of Year" Prices$INTC is currently in the $44-$45 range, an area where it has bounced since 2018. High probability of bouncing again as it has already held this area even when SPY hit the 2022 low of year (so far) @ $405. This indicates strong demand in this area that bulls are likely to protect.
The ultra conservative play here would be to set limit orders and for the supply zone marking the yearly highs from 2014-2017, and hoping for a dip that low. This seems unlikely unless $SPY breaks below the low of $405.
SPY FORCAST- on the weekly chart : the forth week on a row where the price closed red
- on the daily chart : big red candle with a descent volume could indicate the end of the down trend
- personal opinion : the strong momentum of the down trend could easly break that level and continue down , theres no attack from the buyers thus no warnings or signals for a reversel and the big volume on last red candle could mean the returne of the selling pressure
- best move : hold your position if your a seller , no doubling
AMD FORCAST- on the weekly chart : the price sees another red week under the majore resistance level
- on the daily chart : a clear selling signal given to us by today candle
- personal opinion : the price will go down again after that 2 past green days due to the big momentum from the sellers
- best move : hold if you got a selling position open or do nothing if you dont
DALMIA BHARAT LTD.( EDUCATIONAL PURPOSE ONLY)
There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY)
DALMIA BHAEAT LTD. with target of RS 1650 CMP IS RS 1620.25
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR @1280
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Share Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
ES1! key levels 04.07.22After the Fed announcements we can go back to the trading, we can see the markets was waiting for the Fed in the afternoon, and tomorrow morning we have somebody else from the Fed talking, that usually gives the market some combustible to move fast. as for support resistance levels we have 4450 as the immediate support after that 4415. for resistance we have 4500 and after that a minor resistance at 4525.
APPLE almost ready for a SHORT setup.. Folks,
Here is my personal view on APPLE..
I am almost ready to hit the SHORT for a nice ride, I quess.
Again, no fancy, indicators or even volume.. Pure price action my friends..
Most important what markets make move is..
* Context.
* Momentum.
Why would I even short a strong rally like this?
Well we are in a trading range.. TIP study the basics of trading ranges..
And the markets tend to have inertia. That means the market will do for 80% of the time what the market has done.
That means if you would like to know what you can expect at the right of the chart just look at what has happened at the left before..
Inertia my friend. Don't forget!
Feel free to comment, share and make sure you follow for more to come..
Is Meta Stock A Buy Now?Meta Platforms stock FB has shown some strength lately after rebounding from $185 demand area, the upward move could hit $230 levels corresponding to 23.6% Fibonacci Retracement level.
The upward correction would be highly supported by both; the good volumes and the positive crossover on the Relative Strength indicator.
Finally, it's worth mentioning that Meta Platforms stock FB is one of 2022’s most beaten-down large cap tech stocks. After its February earnings release, it fell 26% in a single trading day, then proceeded to decline another 21% after that.
GROM Social reversal targetsGrom Social Enterprises operates as a media, technology, and entertainment company that focuses on delivering content in the U.S.
On 1/13/2022 UBS Group Initiated Coverage of GROM with a Buy rating.
Back then the price was $1.8, now it`s half the price.
I think it can easily reach January's price and go even further, to $2.70.
Nifty Exclusive Fully Market analysis what will next move. ?#Nifty 50 Technical Analysis:-
₹Nifty50 currently trading around ₹16658
I am expecting this to be the Correction phase.
So don’t panic and wait for a Perfect entry.
I am expecting ₹14400 level.
Every time ₹Nifty always big corrections after the breakout.
2004 = -35% Correction after Breakout
2015 = -25% Correction after Breakout
2021 = Expecting -25% Correction
After breakout
Note :- Correction always takes 6-12 months time as per Previous data.
Support:- ₹14400 / ₹12400
Resistance:- ₹18000