Bitcoin Heading for a Local TOP on 16-17 December 2024These are 3 x Ceres in Aquarius fractals from the past 3 occasions in Bitcoin's life. What I like about these fractals is that 2 of them top on 16 & 17 of December which is a confluence to the Moon cycle topping on 16 December 2024.
This Ceres in Aquarius confluence seems good quality because these cycles repeat only once in 4 years and to get 2 cycles to converge on a top on the same dates 16 & 17 December, it is outstanding.
We need to see a clearly defined top on 16 or 17 December to be able to make the above conclusion. If we don't get a well-shaped top, that would mean more moves to the upside, as there are some other confluences for that. Ceres in Aquarius tops on 16 -17 December until the year's end. After that it continues higher up in January 2025.
Upside
Smart Layer Network UpsideWith a decline of about 90% since launch, SLN has an extremely high chance of upside in the current market conditions. The project has a rather active community on discord and X, and is developing a new was to use tokens - Tapps - in an interactive manner on social platforms. They aim it to be a mainstream friendly use of tokens, and seem to have a good roadmap planned, including many partnerships and new listings like Binance.
Furthermore, the chart has likely formed a cup and handle pattern seemingly ready for an imminent breakout once volume comes in.
Any entry under $0.3 seems good, and upside potential is between $0.8 and $3.00, with an ATH above $6.00.
Current MCAP, even fully diluted, seems low for such a project and their community size.
BTC: Buffeting Against the Upper Trend LineBTC has shown impressive strength over the past few days with explosive upward moves, now testing the upper trendline. If we see a decisive break—a full open and close on the 4-hour or 1-day timeframe—this would likely confirm that the trendline has been broken, signaling more upside potential.
This move could mark Wave 5 of 5, with an elongated “flameout” before we face the inevitable, and likely prolonged, ABC correction over the next few months. Until then, BTC will either get rejected and remain within the channel or bust to the upside to continue Wave 3 of 5 of 5.
Crocs, Inc Appoints Susan Healy as EVP & Chief Financial OfficerCrocs, Inc. ( NASDAQ:CROX ) has appointed Susan Healy as Executive Vice President and Chief Financial Officer of the company, effective June 3. Healy succeeds Anne Mehlman, who was recently appointed President of the Crocs Brand. Mehlman will continue to serve as Chief Financial Officer until Healy's start date. She will join the executive leadership team and report directly to Andrew Rees, CEO.
Healy will have responsibility over financial planning and analysis, accounting, investor relations, tax, internal audit, and corporate development. She joins Crocs from IAA, Inc., a global marketplace for automotive buyers and sellers, where she served as Chief Financial Officer and led the company through its $7 billion merger with Ritchie Bros. Auctioneers Incorporated. She has over three decades of financial and operational leadership experience. Prior to 2021, she served as Senior Vice President of Finance for Ulta Beauty. Earlier in her career, she held various senior financial leadership roles in addition to a 12-year tenure at Goldman Sachs.
Crocs, Inc. ( NASDAQ:CROX ) reported its fiscal first quarter financial results on May 7, 2024, before the market opened. The company reported an exceptional first quarter, driven by mid-teens growth of the Crocs Brand, driven by robust consumer demand both in North America and in international markets. Andrew Rees, CEO, stated that Crocs delivered an exceptional first quarter, driven by record revenue, industry-leading gross margins, and the power of its diversified business.
In the first quarter of 2024, Crocs Brand ( NASDAQ:CROX ) revenues increased 14.6% to $744 million, or 15.6% on a constant currency basis. Direct-to-consumer revenues grew 11.8% to $282 million, or 19.0% on a constant currency basis. Wholesale revenues increased 12.5% to $462 million, or 13.8% on a constant currency basis.
North America revenues increased 9.0% to $383 million, or 9.0% on a constant currency basis. International revenues increased 21.3% to $361 million, or 23.6% on a constant currency basis. HEYDUDE Brand revenues decreased 17.2% to $195 million.
The company's balance sheet and cash flow for March 31, 2024 compared to March 31, 2023 showed cash and cash equivalents at $159 million, inventories at $392 million, total borrowings at $1,727 million, and capital expenditures at $16 million.
Financial Outlook for the second quarter of 2024 is expected to be up 1% to 3% compared to the same period last year. Crocs Brand revenues are expected to grow 7% to 9% compared to the same period last year. The HEYDUDE Brand is expected to contract (19%) to (17%) compared to the same period last year.
In the full year of 2024, Crocs ( NASDAQ:CROX ) expects revenue growth of 3% to 5% compared to 2023, with revenues for the Crocs Brand growing approximately 7% to 9% and revenues for the HEYDUDE Brand contracting (10%) to (8%). Adjusted operating margins are expected to be around 25%. Non-GAAP adjustments of approximately $28 million related to the implementation of a new enterprise resource planning ("ERP") system for HEYDUDE and costs to transition to the new distribution center in Las Vegas, Nevada.
As of March 31, 2024, Crocs ( NASDAQ:CROX ) had $875 million remaining on its current share repurchase authorization.
Technical Outlook
Crocs ( NASDAQ:CROX ) stock is up 1.89% in Tuesday's Pre-market trading with a Relative Strength Index (RSI) of 50.17. After the earnings beat, and the appointment of Susan Healy as the EVP & Chief Financial Officer, Crocs ( NASDAQ:CROX ) stock is poised for an upside gap due to the fundamentals.
Gappers are formed in a chart when there is no trading activity but the stock rises in value causing an upside or downside gap as a result of a major event such as an earnings beat and quarterly reports, etc.
ELF, THE BEST CHRISTMAS MOVIE, SAAAAANTAAAAAAA!Really nice trends and price targets defined on this chart.
No idea what this coin is.
But technicals only, it looks like a really good buy.
Support is building at looking to potentially take off for a decent gain, before falling back to trend, which can spark the potential for another big gain.
I drew a line to represent something similar to what I'm seeing, but you don't want to follow this line, it will likely be inaccurate and is better for me to backtrack and remember what was going on with each chart at different times.
I wouldn't hold any higher than 2.3 or so for sure, but I have a hard time saying it will get there before Nov or Jan of 2024. But.. It is a very real price target for this coin.
The downside, percentage wise, is huge. So be careful and watch for a trend break.
Price target marked.
Feel free to ask if questions
I know I keep these a little quick on the discussion, but I try to make my charts pretty self explanatory.
I'm trying to make a lot of charts for earnings, potential market crash and more.
I'll link related ideas.
NFLX History Repeats ItselfNetflix here looking for a possible rebound in the upside after reporting strong earnings followed by a small consolidation. The previous power earnings gap resulted in huge positive gains, and now history shall repeat. My target range for the next few weeks is 600-620, and I wish you all the best.
Reversal Rising Wedge pattern in APOLLOHOSPAPOLLO HOSPITAL LTD
Key highlights: 💡⚡
📈 On 1 Hour Time Frame Stock Showing Reversal of Rising Wedge Pattern.
📈 It can give movement upto the Reversal Final target of Above 5680+.
📈 There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto Above 5950+.
📈 Can Go Long in this stock by placing a stop loss Below 5340-.
SHIB, ARE WE IN FOR A PUMP?📈 Analysis: After nearly a month of consolidation, SHIB seems ready to rejoin the cryptocurrency market action.
Accumulation and Support: During this period, SHIB held strong support levels within the range of 0.00000710 to 0.00000705, clearly marked in the highlighted box.
🚀 Bullish Signals: On the daily chart, SHIB shows signs of breaking out of this accumulation zone, backed by a 12-hour bullish price action. Our primary focus remains on the daily chart.
Key Indicators: To validate a bullish scenario, we require a shift in market sentiment, a flip of the blue zone on the daily chart, strong bullish volume, and possibly some bullish news.
💹 The Potential Upside: If these conditions align, we may witness a significant pump, targeting the next zone of interest at 0.00000100, offering a potential 30% upside. This level correlates with a longer-term trend line, easily visible on the 3D chart.
Confirmation: For confirmation of this educational idea, watch for a break above this level followed by a retest.
Disclaimer: This analysis serves as guidance and not definitive instructions. Conduct thorough research and consult with a financial advisor before making any investment decisions.
Natural gas will go higher!So, we are back with another trend analysis and new support/resistance levels.
We have had a major pullback from our latest resistance level of 3 back to around 2.8~. Which is fine, its natural.
But I still strongly believe in a major bull run and upside in natural gas, which is why I believe we have to go higher, and we will in the last 2 quarters of 2023.
We have resistance level around 3.3~ - this was tested back in October/November 2020 and most recent around January 2023. This is my first target price (TP 1).
What happens after this is hard to guess at this point of time.
Will we have another energy crisis? What about the war in Ukraine and Russia? My best guess is that we will go higher after reaching 3.3 – but only time will tell.
Let me know what you guys think!
Good luck!
DXY: Massive double-bottom reversalThe current market analysis indicates a significant double-bottom reversal in the DXY index, with expectations of reaching a minimum index level of 105 soon. Moreover, should resistance zone 1 be surpassed, a subsequent movement towards resistance zone 3 is expected!
It is crucial to note that if the DXY index maintains its upward momentum, it may exert considerable downward pressure on both the stock and cryptocurrency markets. Consequently, it is advisable to closely monitor the movements of the DXY index, particularly for those involved in stock or cryptocurrency investments.
✅GBP_CHF RISKY LONG AFTER WEDGE BREAKOUT🚀
✅GBP_CHF is trading in a
Local uptrend and the pair
Broke out of the narrowing
Bullish wedge pattern which
Suggests that with high
Probability the pair is likely
To go further up towards the
Target around 1.13 area
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Bitcoin 1 HR - Measured Moves playing out so far! BTC 1 Hr - Measured moves playing out so far to the downside.
The First Measured move (blue) to the upside already played out also.
Looking for the 2nd (green) measured move to play out if the bulls show up.
Nice Weekly close for Bitcoin. Lets see how things play out this week.
Could be a perfect storm, Banks failing is a BIG call foe Bitcoin!
Lets GO!
Lets stay ready!
Good Luck Out There!
USDJPY$USDJPY It's been a crazy time in the world and in the markets.
UJ has dropped and now it's heading back to the upside.
I'm looking for price to reach 133.594 for starters before continuing on up.
Everyone have a safe and prosperous trading week.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!
NAS100$NAS100USD NFP had the markets in shambles and unclear of direction today 3/10/23.
Now that the dust has settle i'm looking for a push to the upside in the coming week.
Everyone have a safe and enjoyable weekend.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!