Upsidepotential
STOCK NAME {REVATHI EQ } SWING TRADEperfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis..
HUBB came with a beat in EPS and Rev and better outlook in 2023.Continuation of an uptrend with a 20% potential uptrend. The SL is just below the trendline but even if taken out, watch to get back in as fundamentally the likelihood of a downtrend is minimized by the fact that there is a tremendous need for modernization by the electricity providers, to enlarge their grids`capacity.
POLYCAB!! MAJOR TRENDS!Polycab is a great stock with a good fundamentals.
i have drawn the major trends supporting from its IPO time and from corona's crash.
from past 14-15 months the stock is following the same channel, and has given about no returns.
since it has a good fundamentals and the sales are growing nicely, i see a good upside movement.
but on the flip side, this channel is acting like a consolidation part after the movement given after 2020 crash.
this also says the strength of the stock, which is preventing the stock to fall.
after 20th June, it has kept on rising, and recently it gave a pullback. but its a good stock to now buy, since it is landed on a good trend line, and will now rise further on.
in the couple of months, i see a good upside movement on this stock.
the large blue line which i have drawn is just a speculating line, if possibly the stock gets a good movement, it could go on further rising to that line.
Bitcoin range play: upside potentialWe see on the daily chart that support at the June-July range low, 18.8k, (which is also the 2017 high) is very strong.
The candle is very bullish and is accompanied by powerful volume.
Further downside at this point seems much less probable than more upside. Therefore, my analysis concludes we will be continuing the range upwards now.
21.6 seems the obvious next level and a *safe* TP point.
22.3 is more of a high-conviction play and not improbable, but in these environments I think safe plays are not a bad thing.
Once we get to those price-levels, which is to say: the top of the June-July range, it will be easier to evaluate whether we will be rejected again to continue the June-July range downwards, or whether we will push through to 24.4.
I still believe 28k may be on the charts for a bear-market rally local top, and it would be the perfect bulltrap. But first things first.
Aggressive profit taking is always recommended in these environments.
Hope it helps, and enjoy your day/night!
BINANCE COIN PERSONAL ANALYSIS IN THE LONG TERM (SECOND TRY!?)The total evaluation for the BNB coin is bearish. Please be mindful of the risks in each trade you do and consider your risk tolerance as well to avoid any sort of unnecessary repositioning or panic selling/buying. I see a big potential for BNB to break to the upside, embarrassingly enough the breakdown we just had days ago is still within the rising wedge for BNB but not with others, this means that BNB can still go form a higher-high and then dump. However, this higher high would more likely to be a fake-out and a desperate plea.
The NASDAQ and the SP500 was able to end the day with a bullish harami which is a very bullish indication of a reversal point, now we are currently building a healthy market structure based on RE-TEST instead of just dropping rapidly in one fell swoop.
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LCID - If you like to be early bird
Constructive volume with reclaim of 9 EMA and more importantly mid BB
3 Day chart shows EMA rejection, but that could mean near term weakness - even if it finds bullish flow in the short term.
Ideal long entry for me would be around 21 with SL as 20.0 (lower if you have bigger risk appetite)
short term target would be around 40. (where VMA would be if the trend reverses. Pullback around 43 would be the safest bet if you are a LT investor.
$ATER => WatchlistMaybe Aterian deserves a spot on a trader's watchlist here. Above 4$, crazy things COULD happen.
Those 2021 highs most likely won't be seen any time soon if ever again, but already a mild retrace to the 23 or 38 retraces would mean big gains.
A break above 4$ and closing above it at least on daily timeframe is mandatory here though, for putting some money on line in my opinion.
Good Luck on your trading!