Strength
CROUSD - Oversold - Small PumpOn the 1h timeframe chart of Cronos (CROSUSD), we can see that the price is oversold.
The indicators used are the Bollinger Bands, Relative Strength Index and Stochastics. All three indicators are identifying the same oversold condition.
The price is approaching a support zone. Previously this support zone was strong resistance. So it's likely that the price is going to be supported. In combination with the oversold condition, it's a double confirmation for the price to increase.
All further details are shown on the chart.
Goodluck!
ADAUSD - Upward move coming - 2023!It looks like Cardano it's going to start 2023 well.
On the 4-hour timeframe chart(left), Cardano's price is showing Regular Bullish Divergence. The Divergence is indicated by the Relative Strength Index and the Stochastics.
On the daily timeframe chart(right), Cardano's price is showing an Oversold condition. The Oversold conditions are indicated by the Bollinger Bands, Relative Strength Index, and Stochastics.
Both charts complement each other. The new innovative plans for 2023 are in line with these ideas as well.
Enter your long position only if/when the candle closes above the key level and confirms it as a support.
All further details are shown on the charts.
Good luck!
$TSUKA Dejitaru Tsuka entry PT 0.0374The live Dejitaru Tsuka price today is $0.067326 USD with a 24-hour trading volume of $3,582,264 USD. We update our TSUKA to USD price in real-time. Dejitaru Tsuka is up 14.61% in the last 24 hours. The current CoinMarketCap ranking is #2629, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000,000 TSUKA coins.
DOGE - Oversold - Small bounce possibleOn the DOGEUSD chart (1h timeframe), we can see the price is currently oversold. The price is reaching a support area. Once the price has entered the support area it's likely for the price to bounce back up.
All three indicators used are Bollinger Bands, RSI, and Stochastic. All three indicators confirm the oversold condition.
All further details are shown on the chart.
Good luck!
Asian Paints Long TermTechnical Analysis :
-- Strict Stop Loss = 3077
-- Target - 1 = 3387
-- Target - 2 = 3625
-- Target - 3 = 4232
-- Strong support at 2786.
-- Touching 55 EMA
Fundamental Analysis :
-- Current price is more than the intrinsic value
-- Maintaining a healthy dividend payout
-- CAGR: 10 years - 22%
-- Cash Flow is negative
-- ROCE : 27 %
As the PE ratio is a little high compared to the Median PE i.e 68.8. So keep on investing in a small amount
Divi's Laboratories Long Term Technical Analysis :
-- Strict Stop Loss = 3150
-- Risk : Reward = 1 : 3
-- Target - 1 = 4059
-- Target - 2 = 4597
-- Target - 3 = 4988
-- Strong support at 3039.
-- Re enter the trade at 3185
-- Touching 200 EMA
Fundamental Analysis :
-- Divi's Lab has a healthy ROE.
-- Over the last 5 years, revenue has grown at a yearly rate of 17%
-- ROCE: Maintaining healthy ROCE of 31.64% (1 year), 28.31(3 years), and 26.9% over the past 5 years.
-- Healthy dividend payout
-- Debt-to-Equity: Divi''s Lab has a Debt to Equity ratio of 0.00
-- CAGR: 10 years - 19%
-- Cash Flow: Positive cash flow over the last 5 years
-- P/E ratio: 10 years PE is close to the average PE. So Stock is not overvalued
HUL long term investmentTechnical Analysis :
-- Strong support at 2047
-- Strict Stop Loss = 2440
-- Risk : Reward = 1 : 3
-- Target = 3450
-- Golden crossover in Daily
-- Just crossed the trendline
-- For long-term investment please ignore the targets.
Fundamental Analysis :
-- The company has existed for more than 10 years
-- The company is virtually Debt-free
-- CAGR : 5 year - 17% & 10 year - 18%
-- Revenue, Profit Growth : Over the last 5 years, revenue has grown at a yearly rate of 9–10 %
-- ROCE: Maintaining healthy ROCE of 38.22% (1 year), 90.51(3 years), and 95.95% over the past 5 years.
-- Cash Flow: Over the last 5 years, free cash flow growth has been 8.27%. Which is on the positive side.
-- P/E ratio: Stock is not overvalued as its near to its historical average
-- Maintaining a healthy Dividend
Oil 89.18If the price action can get above 89.18, there is a decent probability of a continuation higher, as the oil markets have been grinding higher these last few weeks.
A failure to get to the top of the most recent bull flag could be at the start of a distribution phase under the $90 mark.
A stronger US dollar will put pressure on all commodities, and therefore the AUD, CAD, and NZD along with Gold and oil, will be under pressure too.
GBP/USD printing a new record history low!Prior GBP/USD:
GBP has now reached record lows against the USD, as USD continues to soar. The obvious mark that most trader are now looking at is 1.0000. If trends continue long term we may even see lower prices than this.
1.1200 is a strong level of resistance for this pair now and it may look for some rest bite as we head into the later stages of 2022. Unless we see any significant movements, the overall bias is still strong bearish.
SPWR - Breakout
Renewable as a whole has shown impressive strength and most likely to lead in near future.
pivot held and breakout on good volume. Next target is 33...should come sooner than expected.
$QOMUSDT next entry PTs 0.0000000279-0.0000000310-0.00000003369 QOM Price Today
Shiba Predator price today is $0.000000039504 with a 24-hour trading volume of $1,127,896. QOM price is down -6.5% in the last 24 hours. It has a circulating supply of 600 Trillion QOM coins and a total supply of 600 Trillion. If you are looking to buy or sell Shiba Predator, LBank is currently the most active exchange.
What was the highest price for Shiba Predator?
Shiba Predator hit an all time high of $0.000000380671 on Apr 03, 2022 (5 months).
What was the lowest price for Shiba Predator?
Shiba Predator had an all time low of $0.000000028138 on Jun 14, 2022 (3 months).
What was the 24 hour trading volume of Shiba Predator?
The 24 hour trading volume of Shiba Predator is $1,127,896.
Where can Shiba Predator be traded?
You can trade Shiba Predator on LBank, Uniswap (v2), and BKEX. Popular trading pairs for Shiba Predator in the market includes QOM/USD, QOM/CAD, QOM/AUD, QOM/GBP, QOM/INR, and QOM/PHP.
QOM is the Shiba Predator, it is a community token whose function is to flip the Shiba Market cap.
USD/CAD bullish bias still remain strong...We took a small break from posting our trading analysis but we are back to share some more of our trading ideas.
USD/CAD here is still looking very strong with the potential to break out into new monthly highs. 1.3200 is a possibility heading into next month. 1.3400 would be a long term profit taking zone.
Always follow your trading plan regarding entry, risk management, and trade management. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
DOLLAR CURRENCY INDEXThe DXY (Dollar currency index recently reached its recent major supply zone (resistance).
Currently ranging within the zone, many traders have had much anticipation for its drop in previous minor zones.
This may be the right time for that pull back.
If the pullback does come, the weakness in the dollar will see USDXXX pairs tank and XXXUSD pairs push up.
Fingers crossed for GBPUSD
CSIQ - Clean & Renewable energy themeMaking breakout from pennant consolidation, volume behaving nicely. Clean&Renewable Energy showing signs of strength big time.
You don't need to know what's going to happen next to make money ~Mark Douglas
Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
GBPUSD: BEARISH DECENDING TRIANGLE 🔻BIAS: BEARISH 🔻
TECHNICAL PROJECTION: BEARISH
On the H4, we have a bearish bias that price will retest "B" & "D" area and to continue further bearish to 1.18700 target to complete its "e wave" from the bearish descending triangle pattern.
FUNDAMENTAL PROJECTION: BEARISH
DXY STRENGTH: Market could be pricing further 75bps hike tightening to come & balance sheet reduction to continue at $60b & $35mbs over the three month timeframe.
XAUUSD: BEARISH EXPANDING TRIANGLE 🔻 XAUUSD: BEARISH EXPANDING TRIANGLE 🔻
BIAS: BEARISH 🔻
TECHNICAL PROJECTION: BEARISH
On the H4, we have a bearish bias that price will retest "B" & "D" area and to continue further bearish to 1787 target & lower to complete its "e wave" from the bearish descending expanding triangle pattern.
FUNDAMENTAL PROJECTION: BEARISH
FURTHER DXY STRENGTH: Market could be pricing further 75bps hike tightening to come & balance sheet reduction to continue at $60b & $35mbs over the three month timeframe.
AMAZON on a boost. Won't reach the split price though.I have tested this 6 different ways and included my new "Mass EFX moving averages" indicator.
All I'm seeing is that $amazon is on a rise rightnow since June 17th @ 11:30 pm Central ime.
It will continue to rise to $109.00 and maybe a spike to $112 00
Current price 8s $106.xx
Stoploss = 104.03
Entry 106.16
According to my rsi formula:
Exit = $110.37 (after move momentum expires)
Safe exit is $109.99
Business banks trade in whole numbers, let's move to the closest whole dollar (110.00)
This is a 3.5% move
$HUSAHouston American Energy Corp., an independent energy company, acquires, explores for, develops, and produces natural gas, crude oil, and condensate. Its oil and gas properties are located primarily in the Texas Permian Basin, the onshore Texas and Louisiana Gulf Coast region, and in the South American country of Colombia. As of December 31, 2020, the company owned interests in four gross wells. Houston American Energy Corp. was incorporated in 2001 and is based in Houston, Texas.