Refex Industries Trading IdeaAs you can see clearly the stock today breakout with beautiful C&H pattern with good trade volume. stock trade above all the ema also crossing RSI 60 level let talk touch fundamental aspects stock PE is fall from 41 to 23 now it showed good value buy also quarterly sales and profits are increasing. i see a good potential in this. you read blogs and learn more
Lets talk about Target which we can expects
1st target after breakout and retrace will be 225 (25%)
2nd target after breakout and retrace will be 253 (40%)
Educational Content
This stock analysis is designed for educational purposes and should not be taken as professional financial advice. Please carry out your own research or consult with a financial advisor before investing.
Value
DOGE SHOWS REVERSAL by MONEY FLOW INDEX Enough is enough. Here we see a bottom low wick shadow. What story does the wick read?
Answer: The BULL is making its way up regardless of BITCOIN waves.
It spells out momentum to the upside reading like a HAMMER which brings huge revenue to those who enter.
Next came the BULL CANDLE. This can speed up at any moment and day for launch.
Apple's Highest Dollar Volume Day EVERI was pretty surprised to see that just a few weeks ago, on a random summer June day, over 51 billion dollars worth of Apple was traded.
That's 51 BILLION DOLLARS of Apple traded in just 24 hours.
After doing some research I also realized that this was a record for Apple. At no other point in history has this much Apple traded. This is hard to ignore for any large investor and it has me thinking the following:
1. What large investor exited this position?
2. By extension, which large investor bought the position?
3. There's no way this was just day trading volume, clearly there was a large change of hands and ownership.
4. For $51 billion worth of trading activity, it's also fascinating the stock barely moved during that transaction. Perhaps it was at an agreed upon price.
We all know Buffett has an outsized stake, as do others, is it possible one of them just exited? And who was the buyer? An ETF or Mutual Fund?
I'll be watching the filings closely going forward to see who this was and what it says about Apple's potential. If it turns out to be Buffett, and knowing his skillful investment approach, I do think that'll be a rather critical sign for Apple's future.
Hypothetical Skyx Price PredictionSkyx has a potential futuristic product capable of competing in the market. Imagine fixing light bulbs without the near for wires... or getting electrocuted in the process. Stock price is currently at $1 and I would say is undervalued and doesn't do justice to the company's potential or capability.
US30 DOW JONES INDEX│ US30 │ 22 - 26 JULY 2024
- Daily timeframe
Illustrated by the red & grey dot are the weak & strong highs and lows respectively. The daily timeframe is currently experiencing a pullback and will only be confirmed bearish at the break of 39176.0 Although we are in discount price has not tapped into of the PD Arrays I look for
• Bullish bias
- Four-hour timeframe
Testament to the daily timeframe correction we can see that the four timeframe has switch bearish and our closest swing high is 41424.6. No swing low has formed yet on this timeframe and price could go even lower from this point. We will have to wait for price action to determine that for us.
• Bearish bias
- 15-minute timeframe
Price is in a range; we have created both swing lows & highs but have no seen a violation of either of the two. This is all just fractal evidence of what is happening on the long and medium term timeframes.
• Consolidation
Once we have a clear directional bias on the 15-minute timeframe we can drop lower into our entry timeframe, which is the 5-minute timeframe, and look for any entry model that aligns with the bias established on the short-term timeframe
©Austin Palmer for FONOS Fx, 2024.
JULY 17th BULL is READY and now we wait Here we have the 2 DAY TF BULL signal. The BULL signal is in agreement with my 2D TF BULL PRINTOUT along with my volume adjustment graphs which shows when can we expect the next BULL RUN cycle which is practically already completed and now we wait.
My Smart Money price trend reads in the $71k zone and my blue wave plot has almost made its way downwards to active the BULL.
My Latest Open Source Indicator: Stef's Dollar Volume CounterStef's Dollar Volume Counter is my second script that I've worked on and coded. It is free and open source for everyone! Get it here:
I am proud of this script because it does something very, very important: it counts the amount of money traded, not just the number of shares or contracts. In this educational post, I want to share why I think it matters and explain some concepts of markets along the way.
1. This is key for understanding where the big and small money is flowing in the market. By focusing on the dollar volume, traders can gain insights into liquidity and significant money movements over time.
2. Watch the money, not the shares. This script is totally different from other volume scripts because it shows the amount of money traded, not just the shares, contracts, or coins. More importantly, it stands out from other volume indicators because it specifically showcases dollar volume amounts either as a table or a label. This focus helps traders track the sheer money movements.
3. Know your perspective! I personally am most pleased with two important features that the indicator offers: it shows the Dollar Volume Counter table that illustrates the highest and lowest and average dollar volumes over a specific period that YOU can customize in the settings menu.
Fun little feature: In the spirit of Doge, I added a text lable that says "Wow! Much Money!" which highlights the top three recent highest dollar volumes within the visible chart area, emphasizing significant trading periods. You can toggle this on or off in the settings menu.
Thanks for reading! I look forward to hearing your feedback.
The Olive Company That's Up 1000%I recently wrote about Oliveda International OTC:OLVI , which is an OTC stock that caught my attention because it's up more 100% since the start of the year. It also has a market cap of $3+ billion. You don't often see OTC stocks with a market cap like this. They usually move to the NYSE or Nasdaq. Thus, I find this hard to ignore. After doing some research into it, I found out what's going on:
But first, if you know how to look at markets, where to scan and search, there are simply fascinating stories happening in corners that most other people miss. Having been in markets at a deep level for 10+ years now, I often spot rather fascinating moves, and now that I’m blogging again, I’m going to be sharing updates like this more often.
So what's going on with this stock?
The founder claims he has solved the secret to beauty by making beauty products without water and essentially only mashed up olives. The surprising thing is, his sales are actually booming. He just had his best quarter ever in which he said the following:
“The future of beauty is waterless, and the waterless beauty movement will change the beauty industry over the next two to five years. Why are we growing so exponentially? There are three main reasons:
1. First, our waterless beauty consultants run our business with such passion, dedication, and deep love that they are sensationally successful in showing people the difference between conventional and waterless beauty. I believe that beauty is not made for online shops and should not gather dust on shelves. Beauty should be recommended from human to human, to friends and family. Waterless beauty and direct-to-consumer are the perfect match.
2. Second, people understand the difference and no longer want to buy the up to 70% water in clean and/or organic beauty or in doctor brands.
3. Third, it works, and people love our 365-day guarantee, which we have been successfully offering in Europe and the U.S. for over a decade because we deeply believe in nature and what we are doing.”
What a story.
Markets are always quite fascinating!
GBPUSD 18/jul/24Bias Bullish. GU has been rocketing since filling that weekly fvg. Will be looking for more bullish action today.
Price took out Asian highs and traded lower in the London session potentially creating the low of the day which is technically on the 4Hr, 1hr and 15min fvg. Fib levels at Discount array.
If market doesn't go lower, we targeting Tuesday's high and ultimate target is the DOL on monthly highs.
NB: US Unemployment data to be watched.
Devon Energy | DVN | Long at $48Devon Energy NYSE:DVN recently expanded their share-repurchase authorization by 67% to $5 billion. Congressional House committee member Kevin Hern has also been scooping a pretty sizeable number of shares lately. On top of the 4%+ dividend and P/E of around 9x, NYSE:DVN is in a personal buy zone at $48.00. If it continues to rise, I anticipate some resistance around $56 before breaking through.
Target #1 = $56.00
Target #2 = $65.00
Target #3 = $75.00
THE BULL HAS RETURNED Here is an image of what’s been decided either by WHALES and/or AUTO-TRADING-BOTS.
I can’t speak much on this subject, Im still investigating but my link to their movements (data) reads and shows we have a POWERFUL BULL RUN.
There will be cycles of downtrends and uptrends like yesterday and some may be repeated. For now whales have decided to let the trend move up to around the $70k zone and on how smart money works out their contractions is a mystery. This mystery begins to unveil after so much time. They have a pattern. I’m sure some of you know this. I’ll share soon.
NIKKEI 225 (BANKSTER CALL)I'm loving the way this chart is looking. But I also love the fundamentals here. US Govt. is working overtime to satisfy our allies here in South East Asia, and in the Norther 'Emerging Markets' Zone (S.Korea). However, with all that's going in the South China Sea, Japan has stepped as an ally to help us buffer some of the regions tensions. Nikkei 225 contains some of the worlds hardest hitting corporate players. So a purchase from Warren Buffett isn't a 'scratch your back, i'll scratch yours until...' but a sizable investment into the future of one of the worlds most productive societies.
With this being said, I
decided to place 25% of my portfolio into this play, with a hedge nearby in the event we retest levels seen on the Monthly chart.
Going forward, we will build out plays that will cover the risk until we are risk neutral. Then I will expose our portfolio some more to this play.
Walking the streets Fukuoka just a few years ago, during what was seen as tough economic times, it was hard to tell with how packed the shopping malls in the prefecture were.
*A consumer based economy with tons of potential.
Now, based in Bangkok, I will add the Chinese are controlling the regions most valuable retail assets with their 'unlimited' purchasing power, but the Japanese are strategically in lock-step in the more quieter ways and in economies were the value of their assets can see a larger blast north from foreign investment.
This is not investment advice. I'm not responsible for any decisions that you make after reviewing this information. Trade Responsibly.
The American Bankster
ICP FINALLY BOTTOMEDWith the current state of ICP being increasingly bearish over the past 3 years. I feel like we have officially reached the bottom for the bears. ICP has unlocked 89.5% of the total supply. Their is only 54.49 million ICP left to be unlocked. If ICP were to remain at $7.27 the market cap would be $3.78b which is roughly a $365m increase in market cap, which tells me price cannot fall much further than it already has.
With that being said, I've marked fib levels from the highest high to the lowest low on the weekly, to figure out where ICP can go over the next 3 years in a bull market. If we're bottomed here & can form a higher high at the .286, that would provide a 6000% gain at current price .
I thoroughly believe in ICP as it is renowned in the WEB3 world & has so much potential to regain its position within the top 5. Many of you will think this post is delusional, however if theres any blockchain that can back a huge gain, ICP is definitely in the top 3.
Peace & Prosperity
As Always
- Kaia Tait.
xauusdgold analysis from 08/07/2024 to 12/07/2024
gold analysis from 08/07/2024 to 12/07/2024
we have had a change of character on the daily and 4-hour frames with the break of the 2387 peak, and it is expected that the price will continue to rise slightly to 2396-2404 and fill the gap, and then we will see a correction..
Buying areas are shown in the chart, and we may see a new high if prices exceed 2435 During the coming days
Arras Minerals Ready for Blue SkiesArras Minerals is a mineral exploration company working in Kazakhstan with large swaths of licensed acreage in a proven copper-gold porphyry setting. Arras Minerals is backed by Teck who owns approximately 10% of shares. Arras is currently drilling this summer and will begin reporting their assays towards the end of summer and in fall.
As both copper and gold (and silver and other metals) continue their price climbs, and global demand continues to increase, high grade copper-gold assets in favorable jurisdictions will be highly sought after (as Teck makes obvious through their interest in Arras).
Taking a look at the chart, Arras has yet to have any kind of serious price run, and currently has a market cap of approximately $15M USD. Nearby mines are producing ~ SEED_TVCODER77_ETHBTCDATA:1B worth of copper annually, for reference.
This is one of those explorers with good management and confidence from big industry players. This could easily run 5-10x in the short-term, and go much higher long-term.
Boring Stock, Getting Close to a Potential Long-Term BreakoutWaiting for a monthly close above the 8-year downtrend line to get in. The chart is pretty messy but many other signals are converging around that area (200-month EMA, 50-month EMA, .382 Fib). Price had a false breakout early in the downtrend based on the trendline I drew but I drew it where it is because it had many hits along this line. If price breaks out here I think it's significant because it would also be breaking above the 200-month EMA after dipping below temporarily (which it hadn't done for a really long time). I'm waiting for a monthly close above the 200-month EMA to start a position, and will plan on adding more if it can get about the 50-month EMA. I don't have a stop loss, this is a long-term buy and hold and collect the dividends if it can breakout. If it has a false breakout and goes down, I'll just buy up more at certain intervals and will update this idea. I think from looking at this chart and reading/listening to some of the other ideas about this stock that it can surpass the highs it made about 8 years ago and my price target is $270-$300 where I would start to think about using a stop loss and protecting profit. I like using stop losses eventually because it can let a stock potentially run rather than just selling when it hits the target. Anyway, waiting for another week to make a decision. If price ends up failing here, I think I will probably be able to get in down around $100 or maybe even a bit lower and I would consider starting a position there but I like buying on breakouts rather than trying to catch a "falling knife". One more thing on this stock, it hasn't participated much in the market recovery since the March lows from the covid panic selloff and that makes me like it also (just look at a long-term chart of Microsoft after the tech bubble, for a long time it pretty much traded sideways and now look at it, I'm not saying IBM will do the same but it could, I'm not one to limit the potential of the stock market long-term, over long periods of time it goes up on average).
**These are just notes about what I am personally considering doing and are not recommendations to trade. If you decide to follow any of this, trade at your own risk and keep a long-term perspective, I'm talking this trade could take the better part of a decade to play out (not weeks or months, that would be a short-term trade which is usually not for me).**
Nike's Drop Will Offer a Great Dip... Soon!Nike's stock has dropped 30% this year and nearly 60% from its 2021 highs. It continues to drop, and now, I am worried that they will soon suspend their dividend to move cash flow into other areas that need to support the business.
I believe Nike may reach a low close to its COVID-19 crash levels, presenting a buying opportunity for patient investors as I've marked on the chart with the red circle. As Warren Buffett once said, "Be fearful when others are greedy and greedy when others are fearful." I think that moment is coming with Nike.
Here are two tips for buying dips:
1. It can always go lower than you think so it's better to wait for some signs of a reversal rather than perfectly catching the bottom.
2. Set alerts so that you're ready and can get alerted with the time comes.
Now, why has Nike fallen like this? Several factors contribute to this decline:
1. Margin Pressures: Rising raw material and labor costs have strained Nike's profitability, causing investor concerns.
2. Product Control Issues: Expanding its product range has led to inconsistent quality and inventory management problems.
3. Excessive Product Range: The overwhelming number of products has confused customers and diluted the brand.
4. Increased Competition: New, agile brands are capturing market share, challenging Nike's dominance.
This one is on my watchlist! Let's see what happens next. I'll update you all rather soon.
Can Tesla Get Back to Even? What I'm WatchingI still can't believe that, back in April, Tesla was down 43% since the start of the year. It's been ages since we've seen a drop like that for Tesla. I circled that point on the chart with a red circle. Also, the yellow and orange lines are the 50 and 100 day moving averages, about to cross and seem to be turning upward.
Fast forward to now, and Tesla has bounced back, down just 6% since the year's start. If Tesla goes green on the year... watch out.
There are a number of reasons why Tesla might be turning the corner, and that especially seems to be its recent delivery numbers. But, before we go there, what really caught my eye is how quickly companies like NVIDIA have recently outpaced Tesla over the last 6+ months. I just can't remember such a hot stock becoming "left behind" in such a short period of time. Both TSM and Broadcom also passed Tesla rather quickly - also semiconductor stocks.
Now, why did Tesla pop recently? As many of you know, Tesla reported 443,956 deliveries in Q2, slightly above Wall Street's expectations of around 439,000 units. There's nothing quite like beating Wall Street and proving them wrong. But let's not forget that Wall Street can spin the numbers to fit their narrative. This delivery figure is still a 4.8% decrease from the same quarter last year, hinting at Tesla's resilience.
However, personally, I'm more intrigued by Tesla's product mix and the new projects they're working on. That's where the real story is. And I think this comeback is just the start of that.