Bullish Breakout for Sonic – Ideal Entry Levels to Watch!SET:SONIC (previously FTM) has broken above $0.733, confirming bullish momentum. However, a short-term pullback toward $0.645 - $0.618 could offer a better entry before the next move higher.
If support holds, the price may target $0.85 - $1.00, while a drop below $0.55 could weaken the bullish outlook. Patience is key for an optimal risk-reward setup.
Tradeidea
CHINA50 to find support near market price?CHN50 - 24h expiry
Trend line support is located at 13265.
RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending.
Risk/Reward would be poor to call a buy from current levels.
A move through 13350 will confirm the bullish momentum.
The measured move target is 13500.
We look to Buy at 13265 (stop at 13165)
Our profit targets will be 13465 and 13500
Resistance: 13250 / 13400 / 13500
Support: 13300 / 13265 / 13250
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Going Long with ADBE!ADBE after hitting take-profit, sold off during first hour of day and got stopped, only to reverse. Typically when trades start to win, they continue doing so, which is why I went long when the signal fired earlier.
The King Trading Momentum Strategy combines the 5 EMA crossing above the 13 EMA, RSI strength, favorable momentum as measured by ADX plus evaluating recent volume changes and even something that measures breakout momentum called Beta for this one! ARKK and over 100 equities are built into this script with optimal backtest take profits and stop losses and can be toggled on by simply checking a box (default they are turned off).
USDCAD in a corrective channel to continue in the downward move?USDCAD - 24h expiry
There is no clear indication that the downward move is coming to an end.
A higher correction is expected.
Risk/Reward would be poor to call a sell from current levels.
A move through 1.4175 will confirm the bearish momentum.
The measured move target is 1.4125.
We look to Sell at 1.4235 (stop at 1.4285)
Our profit targets will be 1.4135 and 1.4125
Resistance: 1.4200 / 1.4235 / 1.4250
Support: 1.4150 / 1.4135 / 1.4125
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
ASX intraday dips continues to attract buyers.AU200AUD - 24h expiry
Trend line support is located at 8500.
Further upside is expected although we prefer to buy into dips close to the 8500 level.
A move through 8550 will confirm the bullish momentum.
The measured move target is 8675.
Short term RSI has turned positive.
We look to Buy at 8500 (stop at 8440)
Our profit targets will be 8660 and 8675
Resistance: 8550 / 8600 / 8675
Support: 8525 / 8500 / 8450
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
$SOFI: DIP BUYING OPP. INBOUND!NASDAQ:SOFI : DIP BUYING OPP INBOUND!
Are you looking to buy more cheap Sofi shares?
Check this out then...
DIP BUY BOX: $13-$15 🎯
The indicator up top is the Williams %R and it is one of my favorite tools!
Do you see how every time we break above -20 or hit the Red barrier and reject we go all the way down to -80 or the Green Support Beam and vice versa? 👀
Yes, every single time since NASDAQ:SOFI went public back in 2020!
If you are a probabilities person like me then you understand that we most likely will at a minimum go to -80 and would put the price under $15, thus giving an opportunity to investors and traders.
The bullish side to this is this is great consolidation before the next BIG MOVE! Which I believe when the pendulum swings in the opposite direction we could swing to ATHs before getting to the Red barrier!!
This time could be different but the probabilities say it won't be friends. Hope you enjoyed this TA! Have a great Sunday!
Not financial advice
OSCR - This could be MASSIVE!NYSE:OSCR
Still doing my DD on this name but here are my thoughts on the technical side of the house.
Monthly Chart Analysis:
CupnHandle Breakout = $45 🎯
Bullish:
- CupnHandle forming
- At the first Volume Shelf with a GAP above
- In a bullish up trend
- Michael Burry bought at current prices
Bearish:
- S/R zone range is $10-$13.50
- Volume GAP down to $10ish
- Bottom of Bullish channel is $10ish
- Wr% is down-trending
My Opinion:
- I believe we will more than likely form a deeper handle due to the fact that the Wr% is down-trending. I've found that when we break above -20 and then start a bearish channel descent we get to -80 or to the green support beam before we bottom out and then bounce to the opposite end of the spectrum.
- This would bring us into the $10-12 range before we see a bounce.
- I believe this to be the case as we now have a red H5 Indicator that is almost making a bearish cross as well.
As I said I'm still doing my Fundamental DD on this name but if it does turn out to be fundamentally undervalued with a bright future then I would welcome this to fall further in order to buy more.
Not financial advice
HONEY won't fall down the WELL! Bottom is nearNASDAQ:HON - HoneyWell
- Uptrend since COVID (2020)
- At the bottom of the channel
- Massive Volume Shelf
- Key Support/ Resistance Area (S/R)
- Wr% at Green Support Beam
To me the downside looks limited here. When this ship turns it probably goes to $300🎯
Not financial advice
I'm $HIMS! 100%+ Since Callout in October!I'm $HIMS! 100%+ Since Callout in October!
Every single profit target has been demolished!
I've been calling out this phenomenal CupnHandle Breakout since October and we have now blew right through our Measure Move!
Patience is key! We held through all the short attacks and FUD!
MASSIVE LT Investment here and MASSIVE Trade gains!!!
Not financial advice
USDCHF to find buyers at market price?USDCHF - 24h expiry
Levels close to the 78.6% pullback level of 0.9151 found sellers.
We expect a move lower in a corrective sequence, targeting Fibonacci retracement levels.
Buying continued from the 50% pullback level of 0.9083.
We look to buy dips.
Offers ample risk/reward to buy at the market.
We look to Buy at 0.9083 (stop at 0.9058)
Our profit targets will be 0.9153 and 0.9168
Resistance: 0.9115 / 0.9140 / 0.9156
Support: 0.9089 / 0.9070 / 0.9055
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
$FROG - About to fly! 129% Upside potentialNASDAQ:FROG
As I've been calling out for the past month Tech Services and SaaS companies are the next phase of Ai and very hot right now based on the massive moves after meh to good earnings from the likes of NASDAQ:TEAM NASDAQ:MNDY NYSE:NET NASDAQ:CFLT
I believe this trend continues and this small 4B Mkt Cap company could really get going after earnings on Thursday!
- CupnHandle forming while Bull Flag breaking out
- Two year trendline is our safety net
- Massive Volume Shelf with GAP
- H5 Indicator made bullish cross and is GREEN
- WCB has formed
PTs: $43/ $57/ $67/ $84
NOT FINANCIAL ADVICE
NZDUSD to see a temporary move lower?NZDUSD - 24h expiry
A lower correction is expected.
We expect a reversal in this move.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.5650 will confirm the bullish momentum.
The measured move target is 0.5700.
We look to Buy at 0.5625 (stop at 0.5605)
Our profit targets will be 0.5675 and 0.5700
Resistance: 0.5650 / 0.5675 / 0.5700
Support: 0.5625 / 0.5610 / 0.5600
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
AUDJPY to continue in the downward move?AUDJPY - 24h expiry
There is no clear indication that the downward move is coming to an end.
Although we remain bearish overall, a correction is possible without impacting the trend lower.
Risk/Reward would be poor to call a sell from current levels.
A move through 95.25 will confirm the bearish momentum.
The measured move target is 94.50.
We look to Sell at 95.70 (stop at 96.05)
Our profit targets will be 94.70 and 94.50
Resistance: 95.50 / 95.70 / 96.00
Support: 95.25 / 95.00 / 94.50
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Be careful with ETHEREUM !!!The price has formed a bullish wedge on the 1h time frame, and if it breaks out, it can drive the price up to around $2900.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
USDCAD at a crucial support.USDCAD - Intraday
The selloff has posted an exhaustion count on the intraday chart.
We expect a reversal in this move.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.4350 will confirm the bullish momentum.
The measured move target is 1.4425.
We look to Buy at 1.4300 (stop at 1.4260)
Our profit targets will be 1.4400 and 1.4425
Resistance: 1.4350 / 1.4400 / 1.4425
Support: 1.4300 / 1.4275 / 1.4250
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distribut
CN50 forming a bottom?CHN50 - 24h expiry
Price action has continued to trend strongly lower and has stalled at the previous support near 12750.
Price action looks to be forming a bottom.
A move through 12900 will confirm the bullish momentum.
RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending.
The measured move target is 13100.
We look to Buy at 12800 (stop at 12700)
Our profit targets will be 13000 and 13100
Resistance: 12900 / 13000 / 13100
Support: 12850 / 12800 / 12750
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distribut