US
Tesla - Breaking out of a wedgeTesla - Short Term - We look to Buy at 177.90 (stop at 163.33)
The medium term bias remains bearish. Broken out of the wedge formation to the upside. Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Preferred trade is to buy on dips.
Our profit targets will be 237.00 and 262
Resistance: 200.82 / 237.40 / 265.25
Support: 169.91 / 166.19 / 150.83
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
US dollar DXY sell strategyDXY weekly chart.
I find a great time to sell, is when the price breaks the Bollinger channel to the upside. An aggressive strategy for sure, but can nail the tops.
IMPORTANT
-price can keep climbing so I rebuy if it runs up past my sell.
None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis' are my personal opinions and observations only!
NKE - Just do itNike Inc - Intraday - We look to Buy at 99.72 (stop at 91.56)
Broken out of the channel formation to the upside. We have a Gap open at 99.72 from 10/11/2022 to 11/11/2022. Further upside is expected although we prefer to buy into dips close to the 99.72 level. Expect trading to remain mixed and volatile.
Our profit targets will be 118.44 and 139.00
Resistance: 109.31 / 113.36 / 118.47
Support: 99.72 / 92.10 / 82.22
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
USDCAD 30min Analysis November 18th, 2022USDCAD Bearish Idea
Daily Trend: Bearish
4hour Trend: Bearish
1hour Trend: Bearish
Trade scenario 1: We are looking bearish on all higher timeframe.
Looking for continuation after a lower high forms at 1.33000.
Trade scenario 2: Price can break back above the resistance and continue upside. Look for long entries after higher low confirmation at 1.33000.
Target - Corporate earnings season resemblant of the bear marketYesterday, Target announced its earnings for the third quarter of 2022. The report outlined softening sales and profit trends with downgraded guidance going forward. Total revenue and cost of sales increased year over year, while net earnings and EPS fell dramatically for that same period. Subsequently, shares of Target fell more than 13% in the pre-market trading. Target is yet another company that fulfills our prediction about a weak corporate earnings season and progression into the second phase of the bear market. We expect this trend to worsen in the next earning season and further enforce our thesis.
Total revenue = $26.518 billion (+3.4% YoY)
Cost of sales = $19.680 billion (+8.1% YoY)
GAAP Earnings per share = $1.54 (-49.3% YoY)
Operating income = $1.022 billion (-49.2% YoY)
Net earnings = $712 million (-52.1% YoY)
Illustration 1.01
The image above shows the daily chart of Target. Yellow arrows indicate previous earnings reports and subsequent price action.
Technical analysis - daily time frame
RSI and Stochastic reversed to the downside. MACD flattens, and if it breaks below 0 points, it will bolster the bearish case. DM+ and DM- performed a bearish crossover. Overall, the daily time frame is bearish.
Technical analysis - weekly time frame
RSI, MACD, and Stochastic show signs of exhaustion. DM+ and DM- are bullish. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
InvestMate|S&P 500 Will we continue the uptrend?📈S&P 500 Will we continue the uptrend?
📈After the US rate hike of 75 points on 2 November, the market is assuming that the next one will only be 50 points, and looking at the economic situation, the Fed doesn't have such a push for rate hikes anymore.
📈In the US where inflation has been slowing for over 4 months now and the next reading will be on 10 November. Which puts an effective brake on future rate hikes.
📈Looking at the last few weeks, we see clear signs of a weakening dollar appreciation trend and the market is slowly discounting the gradual weakening of the dollar against other currencies.
📈Looking at the major US indices and equities. The slow deceleration in interest rates and an improving economy is poised to translate positively into the performance of major companies which will push their valuations higher.
📈Turning to the chart.
📈We have been in a downtrend since 4 January this year.
📈Taking a look at the weekly chart and measuring the waves from the covid bottom we see that we have already made practically a 50% decline from the peak which at the lowest level was -27.56%
📈 Looking at the overall structure of this downtrend which is characterised by large upward corrections. I can confidently say that we are at a price point where the price can find solid support that is hard to break through.
📈Looking at the local perspective where we have already made a 50% wave correction from bottom to top, and the fact that we are on a strong support zone. Allows us to believe that it is currently time for an upward impulse
📈Yesterday's price turbulence related to the FED's interest rate hike in the US. They were impulsive in nature. First we got what the market was expecting, i.e. a 50pc interest rate hike, which was not as big as it had been in the past, then Jay Powell warned the market that his stance remained hawkish, which caused the dollar to suddenly weaken, after which it strengthened significantly again.
📈It looked like a typical speculative move.
📈For this we flashed a descent to really attractive levels on the US indices, allowing us to conclude that the coveted major correction in the uptrend has already taken place.
📈I encourage you to keep an eye on this index, as demand for the dollar slows down and the economic climate gets better, increases in equity valuations are inevitable.
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Qurate Retail - QRTEA PENNY STOCK - If not now.. then when ? Qurate Retail, Inc. owns and operates seven leading retail brands in the U.S. and abroad, including QVC®, HSN®, Zulily®, Ballard Designs®, Frontgate®, Garnet Hill® and Grandin Road® (collectively, "Qurate Retail GroupSM").
The cheapest stock in the market!
Qurate Retail Inc Series A
Bearish flag on VmwareVMware - Short Term - We look to Sell at 111.95 (stop at 115.15)
The medium-term bias remains bearish. Trading within the Wedge formation. Prices are extending lower from the bearish flag/pennant formation. We have a Gap open at 111.95 from 02/11/2022 to 03/11/2022. The preferred trade is to sell into rallies.
Our profit targets will be 96.19 and 91.55
Resistance: 111.95 / 114.41 / 118.68
Support: 103.55 / 102.53 / 96.19
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
SPX - The decisive moment lies aheadThe market remains complacent even though the two-day meeting of the FED is set to commence today, and central bankers are expected to raise interest rates by 75 basis points tomorrow. Despite that, however, we remain bearish and believe the reality will sink in after the FOMC, and the rally will cease. Indeed, we believe the market will progress deeper into the second phase of the bear market, which has been confirmed by the weak earning season for the third quarter of 2022.
Although with that being said, we would not be surprised to see one more push to the upside as an initial reaction to the FED decision, with investors again seeking to buy stocks at a discount and looking for a reversal in monetary policies. Regardless, we do not backtrack on our price targets at 3 500 USD and 3 400 USD.
Illustration 1.01
Illustration 1.01 shows the daily chart of SPX and two simple moving averages. It also depicts previous bear market rallies and the current one. At the moment, the SPX remains down almost 19% from its all-time-high value.
Technical analysis - daily time frame
MACD is bullish; we will pay close attention to whether it can hold above 0 points; if not, it will be very bearish. RSI and Stochastic are bullish. DM+ and DM- are bullish as well. Overall, the daily time frame is bullish.
Technical analysis - weekly time frame
RSI and MACD are neutral. Stochastic is slightly bullish. DM+ and DM- are bearish. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
LUNCBUSDMost likely LUNCBUSD remain in Buy for more years or even touch 0.5 or more so, so according to technical analysis i will give very big profit
US100For the method and strategy I used, this was a long trade but still easily manageable and highly profitable. With how this played out, we got to see that US30, US500 & US100 are not the same but have few similar characteristics. They all volatile, influenced heavily by fundamentals and easily misunderstood. My hate of overnight trades wants me to close, but rather I am letting my trade hit one of my exit points. SL has been moved into profit with more than enough breathing room.
Tomorrow we try again.
US Oil is going down as we expected... about $80Hello guys
As we said in the recommendation 4 days before it @usoil is expected to go down, and it will continue to go down... Take advantage of this opportunity
...you won't lose after knowing me
USOIL : OIL ⛽️
STOP LOSE ⛔️ : 88
TP ✅ : 82
TP 2 ✅ : 77
Good luck
SNP500 Short Term Short Idea!Help me keep on posting by clicking on BOOST! (it's like "liking")
This expectation is a framework to look for a potential trading setup; I don't just execute based on these levels, I always wait for confirmations on lower timeframes
This Analysis was done using my complete Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Theory
- Volume Analysis
- Footprint
- Market Profile
- Volume Profile
- WYCKOFF (IS THE KING)
- ETC
CRUDE OIL TRADE ENTRYIn the crude oil we have strong level of resistance where price close on friday and sort of rejecting from 84.87 level and we also have 200 ema at 87.91 so this zone is very strong and oil need high volume to break this area and after this we have a strong trend line resistance to upside and price rejecting multiple time from this level also so i am looking selling entry from the current price if oil break its support to downside than we expect price come to yellow zone to fill the gap area and if price break to upside than we looking short from the selling close from the trend line for the target of yellow zone becoz crude oil have a very big gap and price need to fill this gap must/