Stocktrading
Ford is still within the rangeFord is still within the range
This chart shows the weekly candle chart of Ford Motor Company's stock from 2020 to present. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, after peaking in early 2022, Ford Motor's company stock directly retreated to the 2.000 level above the bottom of the golden split in the figure, and began a one-year period of fluctuating consolidation of the market! At present, Ford Motor Company's stock is still within the range of volatility consolidation, and there is no sign of any strength to break through the existing range!
Intel (INTC) -> Don't Forget This StockMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Intel.
Looking back at January of 2023 - after a massive dump during 2022 - Intel stock perfectly retested and started to reject a major monthly structure level at the $27 level.
With the next clear resistance level being at $46 I am now expecting more upside on Intel stock before we could then see a short term rejection away from the $46 resistance area.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
Apple (AAPL) -> The Company Of The FutureMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Apple.
Since the beginning of 2019 Apple stock has been trading in a solid rising channel and just recently rejected the support area at the $130 level.
Apple also perfectly broke above its previous all time high and is coming back for a retest after which I do expect another bullish rally to retest the channel resistance.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
NVDIA: It's now or never for the Channel Up to continue upwards.NVDIA is trading at the bottom of the eleven month Channel Up, around the 1D MA50 but on a neutral1D technical outlook (RSI = 51.399, MACD = -2.580, ADX = 27.665). As long as the price trades inside the Channel Up, it makes the current level a low risk buy entry. The 1D CCI suggests that the price might be on a bottom like February 23rd, after which it rose by 35.47%.
Consequently our target is of that price range but still contained under the HH trendline (TP = 600.00). If the 1D candle closes under the Channel Up, we will turn bearish and target the 1D MA200 (TP = 330.00)>
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AEL.N0000AEL consolidating in Buy Zone
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
ORCL show an engulfment patternORCL show an engulfment pattern
This chart shows the weekly candle chart of Oracle's stocks over the past year. The graph overlays the bottom to top golden section at the end of 2022. As shown in the figure, the high points of Oracle's stock in June of this year and this month formed a small level double top shape, and were suppressed by the 3.414 digits of the golden section at the bottom of the figure! Although the weekly chart of Oracle's stock has not yet closed, it has now shown a large-scale engulfment pattern, completely engulfing the gains of the past three months!
TESLA: Halfway through the Channel's rally, targeting $325.00Tesla is expanding on the third HH rally of the Channel Up that started exactly at the beginning of the year. By establishing the 4H MA50 as Support since the start of September, the 1D timeframe is on very healthy technicals (RSI = 61.424, MACD = 2.360, ADX = 32.566) giving a buy continuation signal on TSLA.
We are long, targeting the red Triangle area (TP = 325.00).
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JPM continuously negative for 6 weeksJPM continuously negative for 6 weeks
This chart shows the weekly candle chart of JP Morgan's stocks over the past two years. The top to bottom golden section at the end of 2021 is superimposed in the figure. As shown in the figure, JP Morgan's stock hit its high point at the end of July and early August of this year, hitting the top to bottom golden ratio of 0.618 in the chart. Then, it has been continuously negative for 6 weeks, and its low point in the past two weeks has hit the top to bottom golden ratio of 1.382 in the chart! So in the future, just use the lowest point of the previous week as the watershed to determine the strength of JP Morgan's stock!
Take Two | TTWO & GTA VI. Part IITakeTwo Interactive is preparing for the biggest catalyst in the company's history with the release of GTA 6. Although no definitive timetable has been set for GTA 6, the game will almost certainly release in 2024 or 2025 at the latest given all the information that has come out. Moreover, TTWO itself has started opening up about GTA 6, which is a hint that an announcement is near. The impact that GTA 6 will have on TTWO cannot be understated, given how much resources have been spent developing GTA 6 and the growing consumer frenzy surrounding the title.TTWO could see more upward momentum as GTA 6's release closes in.
GTA 6 is by far the most anticipated video game in the industry's history. The game is so hyped, in fact, that individuals have crashed televised events purely to protest for the release of GTA 6. Even Starfield, which is an incredibly hyped game in its own right, had it Gamescon presentation disrupted by a fan calling for GTA 6. GTA 6 has not even been announced yet, and it seems to have fully captured the attention of the gaming world.
This level of organic hype is an incredibly positive sign for TTWO and its investors. Despite the fact that GTA 5 had nowhere near the hype as GTA 6 at similar stages in their development, GTA 5 still managed to become the best-selling triple A game ever made, with ~185 million units sold. This is a testament to GTA 6's potential, both on a commercial and even cultural standpoint.
If GTA 6 manages to meet or exceed consumer expectations, TTWO should see its shares surge. Given the hysteria surrounding the title, positive reviews will only supercharge demand as consumers will likely find any reason to get their hands on the game. Considering the amount of resources TTWO is rumored to be spending on developing GTA 6, coupled with Rockstar's track record of producing masterpieces, there is very little chance that GTA 6 disappoints.
While GTA is TTWO's most important IP, the company also boasts a strong lineup beyond GTA. In fact, some of its other franchises are bestsellers in their own right. Red Dead Redemption, for instance, has sold more than 55 million units and continues to sell at a solid pace despite the game being nearly 5 years old. Red Dead Redemption has also been critically praised as one of the best triple A games ever made.
TTWO currently has one of its most robust product pipelines in the history of the company across all of its studios. The company has even diversified into mobile gaming, which is proving to be an increasingly large segment in the gaming industry. In fact, TTWO made a huge acquisition in Zynga for a whopping $12.7 billion. Zynga is one of the largest mobile gaming studios in the world and owns massively popular IPs like FarmVille.
Despite TTWO's growing pipeline, the company is still relatively top-heavy compared to peers like EA (EA) or Activision Blizzard (ATVI). This means that underperformance for its flagship franchises, especially GTA, will almost certainly cause the company's value to plummet. So much of TTWO's future prospects are dependent upon the success of GTA 6, especially considering how much revenue the game is expected to pull in.
To gain some perspective on how important the GTA franchise is for TTWO, GTA has generated over $8 billion in revenue since GTA 5's release in 2013. TTWO itself is only worth ~$23 billion. GTA online, for instance, still contributes heavily to the company's recurring revenue and bookings, which came in at $1.2 billion in its most recent quarter.
TTWO has a huge opportunity with GTA 6. The game has garnered unprecedented hype that is starting to grow to a fever pitch. If TTWO delivers a solid sequel, GTA 6 could potentially deliver revenues upwards of ~$20 billion over the next decade, given the revenue trajectory of GTA sequels. At TTWO's current valuation of $23 billion, the company has far more upside, given the potential of GTA 6 and the company's growing pipeline of popular titles.
#CUPID TRADE IDEA SETUP Greetings Folks,
today i have prepared a setup on CUPID on NSE
the analysis is as follows
- price is at all time high
- weekend break of structures requires some retracement for further move
- following a dynamic support trendline
- if tomorrow's 11/09/23 is a slow market
then we would want the price to form some minor range
dont play with fire, always use predefined stoploss
ADBE suppress by the top to bottom golden ratio of 1.382ADBE suppress by the top to bottom golden ratio of 1.382
This chart shows the weekly candle chart of Adobe's stock over the past two years. The top to bottom golden section at the end of 2021 is superimposed in the figure. As shown in the figure, the highest point of Adobe's stock in the past two weeks has been suppressed by the top to bottom golden ratio of 1.382 in the figure, and the high point in early June and low point in mid August this year are exactly 2.000 positions in the top to bottom golden ratio in the figure! So, in the future, just use the top to bottom golden section of 1.382 in the figure as the watershed to determine the strength of Adobe's stock!
Ye Bandhan toh pyar ka Bandhan haiThe stock price has retraced above 50% from the previous downtrend in the daily time frame. It has formed an ascending triangle formation with a flat resistance and higher lows in support trendline with an increase in volume. The breakout from this pattern can take the stock its recent high levels again.
Entry - Abouve 246
Target - 272
Stop Loss - 229