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MSFT: Hidden Bullish Divergence, Upside Potential+7%? Hi Realistic Traders, let's delve into the technical analysis of NASDAQ:MSFT
Microsoft's current price action analysis (MSFT) reveals several significant indicators suggesting a favorable bullish trend. Firstly, the stock consistently trades above the Exponential Moving Average (EMA) 34 line, signaling a robust bullish trend. Additionally, a recent development in a symmetrical triangle formation has been observed, followed by a decisive breakout from this pattern.
Moreover, the momentum indicator has exhibited a hidden bullish divergence, reinforcing the positive outlook. This confluence of technical signals indicates a strong likelihood of Microsoft continuing its upward trajectory. In our analysis, we anticipate a potential pullback to the previous resistance zone before resuming its bullish trend, with the initial target in sight. Further, we identify a second target for potential gains, underlining the prospect of sustained positive momentum in MSFT's market performance.
It is essential to note that the analysis will no longer hold validity once the target/support area is reached.
Disclaimer:
"Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Microsoft."
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DJI will be able to create RSI divergence in the near future?TVC:DJI
DJI will be able to create RSI divergence in the near future?
DJI will have an adjustment in the near future, but no one knows how much, where and at what price.
But in a certain expectation, I think that the case of the price increasing a little more (maybe to near 40K) and then creating an RSI divergence is a fairly typical case for this bullish pattern.
A PSU bank, multi year breakout, can it multiply your profits?A sector that has woken up in recent years.
A bank which is still trading at fair value to its growth backed by positive earnings release
Technical chart looks good for a buy setup at CMP. DMI indicates bullish strength and Fibonacci retracement shows the stock having good support at 116 levels
Union Bank is my pick of the PSU banks for a medium to long-term horizon.
Entry - 140-142
Stop Loss - 116
Target 220/270
$TLT - 20 year US Treasury, possible support -I'm huge ultra BULLISH on US treasuries currently, so please excuse my bias.
Not in any specific order, however here are all the factors in this thesis...
1. Interest rates have dramatically increased since Jan 2021, and the overall bond market, including treasuries, had its worst 2 years on record, going back to 1915.
2. Since Nov 2022 just after Halloween, Jerome Powell, "top FED dude", has already said that interest will no longer get increased and that there's possibly three RATE CUTS this year 2024. Even if he said, "Rates will remain unchanged" is enough to make treasuries bounce back to even. (par value).
3. Looking at everything in Barron's most recent "Top Income Plays for 2024" from last week, US Treasuries now offer the most bang for buck interest rate 4.10% with the lowest risk, compared to every other income asset in that article. (i.e, Dividend stocks, muni bonds, REITS, preferred stocks, etc.,)
4. US treasuries are back by the full faith of the US Government.
5. There's now a website that tracks Congress women & men trades, capitol trades.com. And there's A LOT of them buying US Treasuries.
6. There's massive geopolitical risk right now and WW3 is now a word being used.
7. Bottomline: between the yield of +4% and the upside appreciation of treasuries being at the biggest discount in US History, I believe any pull back should bought.
8. COMPLIMENT OPTION STRATEGIES
A. You could buy 100 shares of TLT and the following are low risk option strategies to compliment your 100 shares of TLT.
i. Sell short term (30 days out) 1 call. If you buy 100 shares of TLT, then you can sell 1 covered call on TLT out of the money OTM, and take that premium and purchase another share of TLT. think "snow ball" effect. The strike I am selling on 1000 shares of TLT is Ten $98 strike TLT calls with 2/23 expiration. Then take that money and bought 10 additional shares of TLT.
ii. If you want to get fancy with this, you can also add to the above covered call BUY WRITE and do a VERTICAL PUT SPREAD, aka Credit Put Spread to add to the income (which adds to the "Income Snow Ball" of something that is appreciating. Mo Money Mo Money!
a. Sell $90 strike Put on TLT, 30 days out
b. Buy $87 stake Put on TLT,, same exp, to cover your short put.
c. This produces an extra $200 which you could spend on blow (or groceries) or you can buy 2 more shares of TLT. Weeeeeeeeeeeeee! thats capital generating income, that's generating income, being used to buy more of the thing that's appreciating in value, that's also generating income. THAT'S A LOT OF CHEDDAR!!
After one month, THEN REPEAT. :)
NASDAQ 100 / 1H / TECHNICAL ANALYSIS NASDAQ:NDX I have indicated the completed targets of the ABCD pattern on the chart. Resistance is at 17670, and support is at 16248.
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🔍💡 Centrus Energy (LEU) Analysis 🌐⚛️📊 Company Overview:
Centrus Energy operates as a supplier of nuclear fuel for the global power industry.
💼 Potential Contract:
U.S. Department of Energy seeking bids for a domestic supply of enriched uranium fuel for next-gen reactors.
Centrus Energy considered a strong contender for the lucrative contract.
💰 Market Dynamics:
Increased demand for uranium, especially in nuclear energy.
Uranium spot prices at $92 per pound, the highest since 2007.
📈 Outlook and Entry Point:
Bullish outlook for Centrus Energy.
Suggested entry above the $48.50-$49.50 range.
🎯 Upside Target:
Upside target in the $72.00-$74.00 range.
📣 Conclusion:
Centrus Energy poised for growth amid potential government contracts.
Strong demand for uranium contributes to positive market dynamics.
Bullish outlook with suggested entry and upside target.
Stay informed for further developments! 📰💹 #CentrusEnergy #LEUAnalysis #MarketWatch 🌐📊
Upside potential in UFOLooking very good at this moment to buy on weekly timeframe and daily timeframe also.
This is breakout opportunity as the stock broke the important resistance and also it's 200 EMA on weekly timeframe. And also a breakout of inside candle on daily timeframe. This stock can give you more Risk to reward ratio as the is only 12.5% and the reward that you can expect is around 100% approx.
ITW Bull flag formationReasons for bullish bias:
- Price forming a potential bull flag
- Entry is at breakout of pole for further confirmation
- HH breakout will also add confluence
- TP till projection
Entry Level (Buy Stop): 264.22
Stop Loss Level: 249.49
Take Profit Level 1: 278.95
Take Profit Level 2: 293.68
Take Profit Level 3: 300.56
$DWAC is Skyrocketing along w Trump poll #’s This is Trump’s SPAC that IPO’d back Oct 2021.
Based on the the 1st two days of trading, the Fibonacci levels don’t lie.
So here’s my thesis.. Since Trumps landslide victory in Iowa primary, this stock has been on a tear, up 240%.. and i have some info that the past week is only the start.
Tonight is the New Hampshire primary and i have a hunch that not only beat Nicky Haley, but this stock will CONTINUE TO MOON into SUPER TUESDAY primaries.
$442 is not an unreasonable price target based on its action.
This may very well be the Gamestop of 2024. NASDAQ:DWAC
KGAL.N0000Buy Zone - 100 to 120
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