MITSUBISHI HEAVY INDUSTRIES _Channel Target Reached +310% PROFITMITSUBISHI HEAVY INDUSTRIES, last 16 years Consolidated or Side Waves from July 2007 to May 2023. This side waves formed like a Channel Pattern. Which means, market price range between Two Parallel lines. Connect these up's and downs respectively (1,3,5) and (2,4). In 5th
point market Breakout above the Channel Pattern, so hereafter market expect significantly Wild movement in Uptrend. And Channel Width is the Target Size. So if you Buy and hold in May 2023, then Sell in July 2024. We got the 243 % PROFIT within 14 months only. This is one of better opportunity
Trade in Stock Market by using Patterns Technique. One more Target inside this Channel Pattern. Falling Channel Pattern formed inside this Channel. It connect (a,c,e) and (b,d). In March 2022 Breakout & Buy in point of 'e', Sell in June 2022. Got the 66 % PROFIT. So TOTALLY 310% PROFIT within 29 months in this Stock only. For example if you are invested 10 Lakhs, then you would have received 30.10 Lakhs PROFIT.
Stocktrading
Bharat Dynamics Ltd (BDL) Breakout TradeBharat Dynamics Ltd (BDL) has shown a strong breakout above a significant resistance level. The bullish momentum is supported by increased volume and a well-defined trend line, indicating a potential continuation towards higher levels.
Trade Setup:
SL: 1630
TP: 1900
HUDCO (NSE) Bullish Trend with Potential BreakoutHUDCO is showing a strong bullish trend with consistent trendline support. The recent breakout above the resistance level indicates a potential upward movement.
Fundamental View:
Strong EPS and healthy profit margins
HUDCO may be included under Section 54EC of the Income Tax Act, which offers capital gains tax exemptions on specific bonds, providing a tax-saving advantage for investors
Trade Setup:
Stop Loss (SL): 280
Take Profit (TP): 350
HUDCO's technical and fundamental strengths make it a promising buy. Follow us to get the latest updates.
Blue Dart Breaks Out with Ascending Trend Line and Bullish FlagBlue Dart Express has broken out of resistance with strong volume, confirming a bullish momentum. The stock is following an ascending trend line and has formed a bullish flag pattern. Traders should watch for a target price of 8900 with a stop loss set at 8190. The continuation pattern confirms bullish momentum. Keep an eye on this stock for potential gains.
BEL Breaks Resistance with Ascending Trend LineBharat Electronics Limited (BEL) has broken out of resistance with strong volume, confirming a bullish momentum. The stock is following an ascending trend line. Traders should watch for a target price of 365 with a stop loss set at 320. Keep an eye on this stock for potential gains.
BHEL Breaks Resistance with Ascending Trend LineBharat Heavy Electricals Limited (BHEL) has broken out of resistance with strong volume, confirming a bullish momentum. The stock is following an ascending trend line. Traders should watch for a target price of 355 with a stop loss set at 315. Keep an eye on this stock for potential gains.
Cava Group (CAVA) AnalysisRapid Expansion and Market Growth:
Cava Group NYSE:CAVA Group, a Mediterranean fast food chain, is rapidly growing with 323 locations and aims to reach 1,000 by 2032. This expansion could triple its annual revenue. Cava leverages AI to improve order accuracy and service speed, boosting financial performance.
Financial Performance and Profitability:
In Q1 2024, Cava reported a 25.2% profit margin and $19 million in operating income. Its strong unit economics suggest it can fund growth and remain profitable. Since going public, Cava's EBITDA nearly doubled in the latest quarter, showcasing financial strength.
Investment Outlook:
Bullish Outlook: We are bullish on CAVA above the $82.00-$83.00 range.
Upside Potential: With an upside target set at $125.00-$126.00, investors should consider Cava's strategic growth plans and financial robustness as key drivers for potential stock appreciation.
📊🥙 Monitor Cava Group for promising investment opportunities! #CAVA #FastFoodGrowth 📈🔍
Amazon (AMZN) AnalysisE-commerce Leadership and Cloud Dominance:
Amazon NASDAQ:AMZN , a global e-commerce leader, also dominates the cloud computing market with Amazon Web Services (AWS). AWS, crucial for future AI growth, offers high margins and robust recurring revenue through its rental model after initial infrastructure investment. AWS contributed 62% of Amazon's $15.3 billion operating profit in Q1, despite only accounting for 18% of sales.
Strategic Investment and Future Growth:
CEO guidance suggests increased capital expenditures to expand data centers for rising AI demand, promising strong future free cash flow and improved margins.
Investment Outlook:
Bullish Outlook: We are bullish on AMZN above the $168.00-$170.00 range.
Upside Potential: With an upside target set at $220.00-$230.00, investors should consider Amazon's strategic investments and dominant market positions in both e-commerce and cloud computing as key drivers for potential stock appreciation.
📊🛒 Monitor Amazon for promising investment opportunities! #AMZN #CloudComputing 📈🔍
SWING IDEA - AEGIS LOGISTICS
Aegis Logistics , with its robust market presence and expertise in logistics and supply chain solutions, presents an attractive opportunity for swing traders.
Reasons are listed below :
Cup and Handle Pattern : Aegis Logistics is exhibiting a classic cup and handle pattern, suggesting a potential bullish continuation.
Breakout and Retest : After multiple tests, the stock broke above the crucial 400 level and has now retested it successfully, indicating strong buying interest and potential upward momentum.
Bullish Marubozu Candle : A bullish Marubozu candle on the weekly timeframe, engulfing four previous weekly candles, signals strong buying pressure and potential upward momentum.
Attempt to Breach All-Time High : Aegis Logistics is attempting to breach its all-time high, indicating strong upward momentum and potential for further gains.
0.5 Fibonacci Support : Finding support at the 0.5 Fibonacci level reinforces the bullish outlook, providing a strong foundation for potential upward movement.
Breakout from Consolidation : The stock has broken out from a consolidation phase lasting over three years, suggesting a significant shift in market sentiment and potential for sustained movement.
50 EMA Support : The 50-period Exponential Moving Average (EMA) on the weekly chart acts as reliable support, reinforcing the bullish bias.
Increased Volumes : Notable increase in trading volumes reflects heightened market interest and potential accumulation by investors, adding confirmation to the bullish thesis.
Target - 520 // 600
Stoploss - weekly close below 380
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@visionary.growth.insights
META potential Buy setupReasons for bullish bias:
- Price broke ATH
- Price giving resistance breakout
- Breakout of point B in AB=CD harmonic pattern
- No divergence
Here are the recommended trading levels:
Entry Level(CMP): 537.48
Stop Loss Level: 446.00
Take Profit Level 1: 628.96
Take Profit Level 2: 666.86
Take Profit Level 3: Open
Federal Bank Breakout: Strong Bullish MomentumFederal Bank has been following an ascending trend line, indicating a consistent upward movement. Recently, the stock has broken out above this trend line with significant volume, confirming a bullish momentum. Breakouts from such patterns typically signal strong potential for further upward movement.
Trade Setup:
SL: 177
TP: 195
This setup provides a strategic entry with well-defined risk management to capitalize on the bullish trend in Federal Bank.
Glenmark Pharma (NSE) Bullish Trend with Resistance BreakGlenmark Pharma has demonstrated strong bullish momentum, breaking above a significant resistance level at 1263.20. The uptrend is supported by a well-defined ascending trendline, indicating continued upward movement. The stock's volume has also shown a noticeable increase during the breakout, further confirming the bullish sentiment.
Trade Setup:
Stop Loss (SL): 1250
Take Profit (TP): 1400
Glenmark Pharma's technical breakout, supported by increased volume and a strong uptrend, makes it a promising buy. Follow us to get the latest updates.
Nvidia - Massive rejection soon!NASDAQ:NVDA is clearly overextended after the +1.000% rally and ready for a correction.
Trees simply do not grow to the sky. And neither do stocks, especially Nvidia. I know that a lot of people are calling price targets of $250 and beyond, but we still have to respect gravity and the nature of fear and greed. Nvidia is simply overextended a retesting a 6 year resistance trendline. I do expect a correction between -20% and -30%, but also -60% is definitely possible.
Levels to watch: $120, $50
Keep your long term vision,
Philip - BasicTrading
Foxtons - further upside on bid talkIn Feb 23 Foxtons made ranged instead of breaking out. It then took 10 month to head upwards. It tested its 30 day moving average in April and now more news of a sale process has led to today's increase of 6-10% in one day.
Resistance hit during Feb 2020 was 97 and this could be hit again.
Do your own research and trading and this is not a solicitation to trade or hold.
Comfort Systems USA (FIX) Analysis Benefiting from Macro Trends:
Comfort Systems USA NYSE:FIX , specializing in HVAC services, stands to benefit significantly from key macroeconomic trends. The post-pandemic surge in nonresidential construction, especially in manufacturing, driven by initiatives like the CHIPS and Science Act of 2022, creates substantial opportunities for the company.
Strategic Positioning:
The CHIPS Act and supply chain challenges emphasize local sourcing, particularly for semiconductors, positioning Comfort Systems favorably amid this strategic shift. Geopolitical and demographic trends, coupled with advancements in industrial software and automation, further support reshoring and domestic technological investments, enhancing Comfort Systems' growth prospects.
Investment Outlook:
Bullish Outlook: We are bullish on FIX above the $275.00-$277.00 range.
Upside Potential: With an upside target set at $445.00-$450.00, investors should consider Comfort Systems' strategic alignment with macroeconomic trends and its strong position in HVAC services as key drivers for potential stock appreciation.
📊🔧 Stay informed about Comfort Systems USA for promising investment opportunities! #FIX #HVACServices 🌐🛠️
Amazon - Breakdown of the breakout!NASDAQ:AMZN is definitely ready for a major bullish (triangle) breakout.
Here we have a textbook example of a bullish stock. Amazon's stock chart is simply moving from bottom left to top right. Of course there are minor corrections here and there, but the trend is clearly higher. For the past four months, Amazon has been hugging a horizontal resistance level and is preparing a bullish breakout. This will certainly become a decent break and retest setup.
Levels to watch: $185
Keep your long term vision,
Philip - BasicTrading
Marriott International Share Price Prediction {25/june/2024}Educational Analysis says Marriott International may move in this range for some time according to my technical.
Broker -
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why this range?
Because the 15-minute time frame has made Change of Character show signs of weakness of the bear run, maybe long for the premium level in the 4-hour time frame, plus 1 min time frame has turned bullish also has Change of Character look on
Let's see what this pair brings to the table in the future for us.
Please check the Comment section on how it turned out for this trade.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.