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Trendreversal

Trend Reversal 2024 - The First Week of the Year is Crucial The first week of 2024 the US market opened around the high and closed around the low. It is very similar in 2022 and 2023. And what is the market telling us from the first week of 2024 and the direction for the rest of the year? We are going match the fundamental reason with this technical observation over the last two years. Also, what is the key fundamental we should be looking out for in 2024? E-mini Nasdaq Futures & Options Its Minimum Fluctuation 0.25 index points = $5.00 Code: NQ Micro Nasdaq Futures & Options Its Minimum Fluctuation 0.25 index points = $0.50 Code: MNQ Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
CME_MINI:NQ1!Short
by konhow
4
stock telling what to dostock it, self-telling what can move except from that. high-debt company micro cap company Market Cap ₹ 60.9 Cr. Current Price ₹ 66.1 High / Low ₹ 71.8 / 38.2 Stock P/E 9.99 Book Value ₹ 37.8 Dividend Yield 0.00 % ROCE 8.69 % ROE 3.74 % Face Value ₹ 10.0 Industry PE 31.1 EPS ₹ 6.63 Debt to equity 1.17 Price to book value 1.72 Debt ₹ 40.6 Cr. EBIT ₹ 9.91 Cr. Cash End ₹ 0.95 Cr. Reserves ₹ 25.6 Cr. Quick ratio 0.63 Current ratio 1.18 PEG Ratio NPM last year 0.59 % OPM 5.95 % CMP / FCF 10.2 Intrinsic Value ₹ 74.2 Return on assets 1.00 % EV / EBIT 10.1 no recommendation from me to buy or sell
NSE:VINEETLABLong
by investigationofchart
Short Sellers Can Be In Trouble In HDFC bankIn the given chart we can see that after big fall of two days,on daily price reverse back and close above the low of big red candle,which put short sellers in trouble who shorted on big red bars ,once price keep trading above the low of big red candle they will look for cover which can lead to short covering and also rally will resume WEEKLY RSI AND DAILY RSI IS ALSO AT 40,SUPPORT EXPECTED WITH 3 MONTHS BEEN IN FALL NEXT MONTH OR THIS MONTH CANDLE CAN BE GREEN MARK IT FRIENDS.
NSE:HDFCBANKEducation
by bhoirjanmesh3
1
USD/JPY Daily Analysis: Seizing the Bearish bat pattern 📉Shalom, tradingviewers, from the holy city of Jerusalem! Where I live right now, in the neighbourhoods of kindness. Thanks to the Creator 😀 Its a great pleasure to share my precious insights with you as always. Today, we embark on a journey, where the USD/JPY currency pair beckons with a compelling setup on the daily timeframe: 📌 Technical Analysis Highlights 📌 🦇 Bearish Bat Pattern: Picture this - the price action has masterfully crafted a bearish bat pattern, renowned for its impressive win rate. This pattern has gracefully steered the price towards a pivotal point at 149.500, none other than the D leg of this harmonic formation. 📉 Anticipating a Correction: Now, as we stand on the precipice of change, the RSI indicator chimes in from a highly oversold territory, casting its vote of confidence in this scenario. And there's more - a bearish divergence has been evolving over the past two months, reinforcing our bearish outlook. 📈 Trade Strategy 📈 With these potent technical signals as our guide, we take action. This daily analysis caters to those with a broader perspective - a long-term vision of the markets. 📊 Long-term Targets 📊 1️⃣ First Target: 144.750 2️⃣ Second Target: 141.000 3️⃣ Ultimate Target: 135.000 While this daily analysis provides a panoramic view, remember that shorter timeframes may offer opportunities with tighter stop losses. Trade wisely, manage risk diligently, and may your trades bring abundant success! 🍀 Feel free to share your toughts in the comments section, follow me for updates and don't forget to press the like button if you want more qualitative insights like this one 🌊🚀
Short
by Thomas_Zito
8
GEN CON at reversal point. possible uptrend from hereNSE:GENCON Currently the stock is at a crucial reversal point, which has acted as a major support several times in the past. Uptrend reversal is likely from here. Also, it has filled the gap which was made in Jan' 23. Fibonacci levels at 78%, could fo to 100% (Rs.30). In that case, can keep accumulating on dips. Note: Trade with caution! Do not trade solely based on my strategies, these are just individual ideas, kindly consult your investment advisor before taking trades.
NSE:GENCONLong
by StockSession
GOLD SHORT OpportunityGOLD SHORT Opportunity Hello traders, here's a chance to Sell XAUUSD. The price Action showed some weakness the last 3 days, as it started to show lower highs and lower lows since May's 2023 Peak. In this analysis, I rely on the Downtrend line drawn above the price, In addition, the price was rejected 3 days ago when it reached the neckline of the double top pattern (25/Jul/2023's neckline (1952.5). Entry Point: Direct or 1940 TP: 1894 SL: 1950 Goodluck.
OANDA:XAUUSDShort
by Hump_Trader
High PE ratio Kennametal India Ltd. was incorporated in 1938 and is a 75% subsidiary of Kennametal Inc. It manufactures carbide tools and special-purpose machines for automotive, defense, railways, infrastructure and General engineering segments. The manufacturing unit is in Bengaluru. 1) header and shoulder pattern in stock 2) 2680 support for this stock 3) 3450 is target level 4) volume in stock 5) fundmental good stock 6) HIGH PE No recommendation for buy and sell Only pure education purpose only
KLong
by investigationofchart
GBP/USD - Clear Head and Shoulder Long or Short term playTime Frame: - Weekly & Daily for analysis - 4 Hour for execution Trend: Currently in a LTF uptrend within a HTF pullback - Weekly = Down - Daily = Up This one is fairly simple and straight forward but what makes it such a good opportunity is its’ potential of being the reversal pattern in a massive trend reversal. As I mentioned in more detail in my last post, we have extremely strong Points of Interest (POI) below that will be acting as demand once price reaches them. We’ve been in a strong uptrend (pullback of a higher time frame downtrend) and this blue trend line has acted as strong support, 3 times now, directing the pullback rally. Important: Each of these points of support are also holding massive amounts of liquidity that buyers and sellers both want to take advantage of. Meaning, both sides would have a field day an opportunity to take control and make large moves if we reached these levels (likely sellers would be more in control as they would be continuing the overall HTF trend). Because of this it is extremely important to take profits as you cannot be sure which demand zone could hold a reaction. If this H&S on the 4 hr/daily chart can bring us out of this trend line, there is a ton of liquidity for a larger H&S to form (meaning this H&S I highlighted would be just the head of this larger H&S). In that case, there is a ton of liquidity on the already built left shoulder to take us down to mitigate the demand below. Trade Plan: Stop Loss: Above neckline (for shorter term play), above right shoulder (for longer term play) Take Profit 1: Closest unmitigated demand zone below = 2.06 R:R Take Profit 2 & 3: Lower demand zones – only with larger H&S formation = 6.5+ R:R Thank everyone who views this and takes any benefit from it. I am on a journey to becoming the best 4X trader I can become and love to bring my fellow traders along for the ride. As always, feel free to like, comment, and message with any questions, comments, feedback, concerns, or GOOD VIBES! Happy Trading! FourXTrader
Short
by ReigningTrades
3
Trend reversal pattern tutorial on $SPY for intraday tradersAMEX:SPY This is for intraday traders. While doing intraday trades watch out for a trend reversal around 10:15-10:30 AM to see market is showing any signs of trend reversal. If you catch this reversal right and keep your losses small, you can earn lot of money in a short period of time. You can get entries on a shorter time frame and keep adding if market keeps moving up or scale out taking profit. Today's trend reversal indicated by the yellow arrow happened around 10:15 printing a huge green candle.
AMEX:SPYEducation
by jaganjohn