Trading
XIAOMI (1810): Another All-Time High Surpassed!A new all-time high has been reached 🎉
XIAOMI has been surging non-stop since August 2024, with our position now up 180% since our entry back in March. We are taking our next profit here and letting the rest run.
Xiaomi experienced significant growth in 2024, bolstered by China’s economic development and government support. The Chinese government implemented subsidies to stimulate demand for electronics, heavily favoring the stock. These policies aimed to strengthen domestic consumption and accelerate technological modernization.
In March 2024, Xiaomi introduced its first EV, the SU7 sedan. By November, the company exceeded its initial targets, raising its annual delivery forecast to 130,000 vehicles.
Technically, it is safe to say that we are trading in a wave 3, but the key question remains: for how long and what price level will it target? Analyzing the chart, it makes the most sense to anticipate a very large and sharp wave 3, with the same dynamics for wave ((3)). While the possibility of even higher surges exists, historical patterns suggest the likelihood of a rounding top formation as multiple waves come to an end.
We don’t believe our entry level will ever be retested, but we remain cautious with new entries for now, closely monitoring the chart for further developments.
Johnson & Johnson (JNJ): 2024 Challenges, 2025 OpportunitiesJohnson & Johnson could become one of the standout plays for 2025 if key levels are respected.
A Brief Recap of NYSE:JNJ in 2024
Johnson & Johnson experienced a challenging year. The company finalized the spin-off of its Consumer Health division, sharpening its focus on Pharmaceuticals and MedTech. In April, J&J completed the acquisition of Shockwave Medical for $12.5 billion, strengthening its cardiovascular MedTech portfolio. Financially, the company performed well, surpassing Q3 expectations with $22.5 billion in revenue (+5.2% YoY) and an EPS of $2.42.
Despite the positives, the stock faced significant headwinds, peaking at $170 in August before dropping to $140 by December—a 15% decline over the quarter.
While we briefly considered a potential outperformance in 2024, we refrained from entering a long position, which proved to be the right decision. Looking ahead, 2025 may offer renewed opportunities. For NYSE:JNJ to regain bullish momentum, it must respect the lower edge of the long-standing trend channel established in October 2021. Ideally, we would like to see a fake-out below this channel to trigger a bearish shakeout, followed by a reversal that targets higher levels.
For the longer term, our outlook includes the potential to test the $116–$100 range. However, if our 2025 thesis aligns with technical developments, we will consider adding exposure to $JNJ.
S&P 500 Daily Chart Analysis For Week of Jan 3, 2025Technical Analysis and Outlook:
During this abbreviated trading week, the S&P 500 made a wild ride pullback against a very significant Mean Sup 5870. Subsequently, it rallied robustly, approaching our newly established target of Key Resistance at 5972. This upward movement is anticipated to stabilize or continue to rise, sustaining the bullish trend. However, it is crucial to acknowledge that encountering subsequent resistance may trigger a substantial pullback, potentially leading to the Mean Support at 5870, which remains a plausible scenario.
EUR/USD Daily Chart Analysis For Week of Jan 3, 2025Technical Analysis and Outlook:
The Eurodollar has significantly declined in this week's abbreviated trading session, reaching the Outer Currency Dip level of 1.025. Consequently, the currency has rebounded robustly and is heading toward the Mean Resistance level of 1.034. Current analyses suggest that the Euro is positioned to continue its upward trajectory. Nevertheless, it is anticipated that a revitalized pullback will occur from this resistance level.
GOLD Will Go Higher From Support! Long!
Please, check our technical outlook for GOLD.
Time Frame: 45m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 2,639.504.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2,649.727 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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AUDUSD Will Go Up From Support! Buy!
Here is our detailed technical review for AUDUSD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 0.621.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.633 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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EURAUD Will Go Lower! Sell!
Take a look at our analysis for EURAUD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 1.657.
The above observations make me that the market will inevitably achieve 1.633 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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Bitcoin(BTC/USD) Daily Chart Analysis For Week of Jan 3, 2025Technical Analysis and Outlook:
As specified in the Bitcoin Daily Chart Analysis for December 27, an extraordinary rebound bull movement occurred from the Mean Support of 91800. Current analysis suggests a high likelihood that the cryptocurrency will continue to advance, potentially testing the Mean Resistance level of 99500 and aiming for a retest of the completed Inner Coin Rally marked at 108000. Nevertheless, it is crucial to recognize the possibility of a pullback to retest the Mean Support level of 91800 again before any resurgence in the bull market.
SILVER SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are targeting the 28.654 level area with our short trade on SILVER which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
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AUD/CHF BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
It makes sense for us to go short on AUD/CHF right now from the resistance line above with the target of 0.556 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
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Ethereum: 120% Upside Potential from here!CRYPTOCAP:ETH NASDAQ:ETHA
You thought crypto was dead?! Not by a long shot friends!
- Bull Flag retest then Higher low
- Breakout of Cup&Handle coming soon
- Williams CB thriving
- H5 Indicator is GREEN
- Launching off Volume Shelf into ATH's
Measured Move: $6800!🎯
Not financial advice
SILVER BEARISH BIAS|SHORT|
✅SILVER made a bullish
Rebound from the support
Level below at 28.77$ just
As I predicted in my previous
Analysis but the price has
Retested a horizontal
Resistance level of 29.90$
So we are locally bearish
Biased and we will be expecting
A local bearish correction
SHORT🔥
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ETHEREUM 2 HR ANALYSIS 🚨 Ethereum 2 Hour Analysis 🚨
Here’s what we’re watching:
📈 Upside Targets:
• TP1:3350
• TP2: 3500
📉 Downside Targets:
• TP1: 3200
• TP2: 3100
So we have to watch out for $3250-$3300 level. If ETH stays below then you can target downside targets and if above then you can target above levels mentioned as TP(take profit)
Keep an eye on key levels and trade smart! 💹
What’s your take? Drop a comment below and share this with your trading crew! 🚀
VIX is dying and the markets are flying!TVC:VIX NASDAQ:QQQ AMEX:SPY
Do you see now!👀
Yesterday I posted about the TVC:VIX making a bear flag pattern and showed you what's happened the last two times!
The VIX is dying and the markets are flying! The TVC:VIX has a lot more room to the downside as well.
You know what that means! 🚀