Usstockmarket
The US Small Cap Stocks Are Gearing Up for a Bull Run
After a sharp decline in March 2020, the index showed resilience and made a significant upward move, approaching the 3,250 level.
Following that, Russel 2000 went into a period of consolidation and traded within a narrow range.
A bullish Pole & Flag pattern was identified on the chart during this consolidation phase.
Despite breaking out of the pattern, the index faced strong resistance and subsequently declined.
After finding support around 1,650, the index consolidated around this level for an extended period.
With a recent breakout, Russel 2000 appears to be strong at the moment and preparing for the next upward movement.
Watch out FDX, ZION and HLNE - Prices are ready to soar!FedEx
The stock price has been following a downward trend within a parallel channel.
After reaching a base near the 145 level, the price started to move in an upward direction.
With the support of a trendline, the stock managed to break through its trendline resistance with strong volume.
As long as the price remained below the 50 EMA, it faced resistance from the 50 EMA. However, once it broke above the EMA, it found support from the 50 EMA multiple times.
The current RSI is above 60, indicating the strength of the buyers.
The MACD line recently crossed over the signal line from below, signalling a bullish sentiment.
Zions Bancorporation
After the Symmetrical Triangle pattern breakout, the price surged and reached a high near the 75 level.
However, the stock failed to sustain the uptrend and dropped to its support zone.
A Head & Shoulder pattern emerged, signalling bearish sentiment.
When the neckline was breached, the price significantly dropped to its previous support level near 22.
The stock then moved up with higher trading volume.
It later formed an Ascending pattern and recently experienced a sharp breakout.
The current RSI is above 60 and trending upwards, indicating buyer strength.
Hamilton Lane
Before, the stock price made an Ascending triangle pattern and after breaking out, the price consolidated before going up.
The stock price encountered a sharp rejection around the 115 level and fell significantly.
Following a substantial consolidation, the stock formed a Cup & Handle pattern.
When this pattern appears on the chart, it typically signals a continuation of the trend.
After the breakout, the stock price is on the rise.
The current RSI is above 60 and the RSI line is also trending upwards, demonstrating the strength of the buyers.
US500 - Near his resistance? Hold or not??#US500.. market just near his resistance area that is 5646 around,
That is market very important resistance level. Keep close that because if market hold it in that case you can see a drop.
But keep in mind above that area a new ERA can be start.
So cut n reverse keep in hand in confirmation.
Good luck
Trade wisely
US500 - Near his resistance? Hold or not??#US500.. market just near his resistance area that is 5646 around,
That is market very important resistance level. Keep close that because if market hold it in that case you can see a drop.
But keep in mind above that area a new ERA can be start.
So cut n reverse keep in hand in confirmation.
Good luck
Trade wisely
A US stock: CVX, Long setup, Swing trade H4 or above timeframe👋Hello Traders,
Our 🖥️ AI system detected that there is an H4 or higher timeframe ICT Short setup in US stock : CVX for Swing trade.
Please refer to the details Stop loss, FVG(Buy Zone),open for take profit.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
A US Stock Long setup Swing trade👋Hello Traders,
Our 🖥️ AI system detected that there is an H4 or higher timeframe ICT Short setup in US stock : T for Swing trade.
Please refer to the details Stop loss, FVG(Buy Zone),open for take profit.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
Technical Analysis Of NYSE Composite Index In Daily Timeframe
(1) After the breakout of the Rounding Bottom pattern, price has given a sharp upside rally and reached to its previous All Time High at near 18,340.
(2) After that, a sharp correction has been seen, which was quite natural. Price took support at near 17,380 level.
(3) Then with a strong up move, price made a fresh All Time High at near 18,400 level.
(4) 18,330 level will act as an immediate support level for the price and It is expected that the price will go up again from this level and achieve new highs.
(5) The overall sentiments will remain positive until the price is trading above the 17,380 level.
Apple: "Buy the dip " in short term?Hi Traders!
On the daily time frame NASDAQ:AAPL has completed an important bullish structure and it is currently working on a corrective structure on the intraday chart. That said, in our view, Apple will trigger a bullish corrective structure in the near term, with ABC Pattern or a harmonic structure. With this in mind, our view is bullish with “Buy The Dip” with Target 1 around 180 area.
Trade with care
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USD Dollar is Performing a Retracement back to $104.5! 💵The recent movements in the USD Dollar have caught the attention of investors and forex traders alike. As the USD Dollar retraces back to $104.5, there are several advantages for both stock investment and forex trading that can be capitalized upon. Let's explore them in point form with emojis:
Advantages of Stock Investment:
1. 💼 Diversification: Investing in stocks denominated in USD allows you to diversify your investment portfolio. By allocating a portion of your investment in stocks, you can potentially reduce risk and increase the potential for higher returns.
2. 💸 Dividend Income: Many stocks, especially those listed on reputable exchanges, offer dividends. Dividend income can provide a steady stream of passive income, which can be reinvested or used to cover expenses.
3. 📈 Capital Appreciation: A retracement in the USD Dollar can positively impact the performance of US-based companies. As the value of the USD Dollar declines, it can boost the competitiveness of American exports, leading to higher revenues and potentially driving up stock prices.
4. 🌍 Global Exposure: Investing in stocks allows you to gain exposure to international markets. If the USD Dollar retracement is accompanied by a strengthening of other currencies, it can create favorable conditions for multinational companies, potentially leading to increased profits.
Advantages of Forex Trading:
1. 💰 Profit from Exchange Rate Fluctuations: Forex trading provides an opportunity to profit from fluctuations in exchange rates. As the USD Dollar retraces, traders can take advantage of this movement by selling USD against other currencies, potentially earning profits from the price difference.
2. ⏱ Liquidity and Flexibility: The forex market is the most liquid financial market globally, meaning that traders can enter and exit positions quickly. This liquidity allows for greater flexibility in trading strategies, enabling traders to respond promptly to market developments.
3. 🌎 Global Market Access: Forex trading offers access to a vast array of currency pairs, allowing traders to participate in global economic trends. The retracement in the USD Dollar presents opportunities not only in major currency pairs but also in cross-currency pairs, opening up a wide range of trading possibilities.
4. ⚡️ Leveraged Trading: Forex trading allows for leveraged positions, meaning traders can control larger positions with a smaller amount of capital. This leverage amplifies potential profits, but it's important to note that it also increases the risk. Traders should exercise caution and use risk management strategies when utilizing leverage.
In conclusion, the retracement of the USD Dollar back to $104.5 presents advantages for both stock investment and forex trading. Stock investment offers diversification, dividend income, capital appreciation, and global exposure, while forex trading provides opportunities to profit from exchange rate fluctuations, liquidity, global market access, and leveraged trading. As with any investment or trading activity, it's crucial to conduct thorough research, implement risk management strategies, and stay updated with market trends to make informed decisions.
Disclaimer: This information is for educational purposes only and should not be considered as financial advice. It is important to consult with a qualified financial professional before making any investment or trading decisions.
The financial markets, including stocks and forex, are complex and volatile. Predicting the performance of the USD Dollar, or any other investment, is challenging. While the advantages of stock investment and forex trading during a USD Dollar retracement were mentioned earlier, it is crucial to understand the associated risks.
Market conditions can change rapidly, and past performance does not guarantee future results. Leverage in forex trading can amplify profits but also magnify losses. Traders should exercise caution and understand risk management techniques.
In conclusion, the information provided is a general overview. Investing and trading carry risks, and no strategy ensures success. Seek guidance from a qualified financial advisor before making any investment or trading decisions.