$CRXTClarus Therapeutics Holdings, Inc., a pharmaceutical company, focuses on the development and commercialization of oral testosterone replacement therapy in the United States. It offers JATENZO, a soft gel oral formulation of testosterone undecanoate for treating hypogonadal men. The company has a licensing agreement with HavaH Therapeutics for product to treat androgen therapies for inflammatory breast disease and certain forms of breast cancer; and license agreement with The Royal Institution for the Advancement of Learning/McGill University to develop and commercialize McGill's proprietary technology designed to treat conditions associated with CoQ10 deficiencies in humans. Clarus Therapeutics Holdings, Inc. was founded in 2003 and is based in Northbrook, Illinois.
Volumeanalysis
$BTTXBetter Therapeutics, Inc. engages in developing software-based prescription digital therapeutics (PDT) platform candidates for treating diabetes, heart disease, and other cardiometabolic conditions in the United States. Its lead product candidate in development is BT-001, an investigational PDT platform that uses digitally delivered Nutritional Cognitive Behavioral Therapy to treat type 2 diabetes. The company's products under development also include BT-002, a PDT that help patients with hypertension improve their blood pressure; and BT-003, a PDT that help patients with hyperlipidemia enhance cholesterol levels. Better Therapeutics, Inc. was founded in 2015 and is headquartered in San Francisco, California.
GBPUSD 4-Hour Inverted Head & ShouldersHi Traders,
Happy Monday!
Hope you all had a great weekend.
Today we are looking at a possible Inverted Head & Shoulders on the 4-Hour Chart
We have seen nothing but bearish price action for the past month on most FX pairs.
The DXY has been going parabolic
GBP/USD has wicked down to a support level not seen since July 2020.
Is this a good time to buy?
I only enter positions that match my setup, which could be a possible play.
Yes, it is a counter-trend which is not always advisable.
This is why I would only risk a very small position on this as I wouldn’t class this as an A grade Setup.
I am waiting for the price to break and close above that 4 Hour Resistance. If it does this I will be waiting for a possible retrace before potentially taking this pair long with a RR of 1/4
Hope you all have a great week!
See you on the next one,
The Vortex Trader
Buy INTELLECTPULLBACK TRADE IDEA
Buy INTELLECT around 760-765 levels
SL: 749 (Closing Basis)
Add more above 810 - Pyramiding (Increasing Position Size)
Targets..900..980++
Note:
805-810 is the support level which is currently broken by the stock. This level will now act as resistance, stock will boom further up if it crosses this level decisively
This is not an investment pick. Stock may correct more, if it doesn't hold the levels mentioned on the chart.
BSEAll details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only educational purposes and not a trading recommendation.
$ENSV entry PTs 1.85-2.70 Next Target PTs 10-13-22 and higherEnservco Corporation, through its subsidiaries, provides well enhancement and fluid management services to the onshore oil and natural gas industry in the United States. It offers frac water heating, hot oiling, pressure testing, acidizing, bacteria and scale treatment, freshwater and saltwater hauling, fluid disposal, frac tank rental, well site construction, and other general oil field services. The company owns and operates a fleet of approximately 338 specialized trucks, trailers, frac tanks, and other well-site related equipment. It operates in the eastern United States region comprising the southern region of the Marcellus Shale formation and the Utica Shale formation in eastern Ohio; Rocky Mountain region consisting of western Colorado and southern Wyoming, central Wyoming, western North Dakota, and eastern Montana; and the Central United States region, including Eagle Ford Shale and Permian Basin in Texas. Enservco Corporation was incorporated in 1980 and is headquartered in Longmont, Colorado.
SPX: Complete trend analysis (H, D and W charts).Hello traders and investors! Let’s see how the SPX is doing today!
First, in the 1h chart, it lost the support level we mentioned yesterday (4,200), and it dropped a little bit more after that. However, we see some reaction right now, and if the index closes above the 4,200, the market might understand it as a false breakout from a previous support, making this a possible bear trap.
This would be a good bullish sign, but we don’t see any clear bullish reversal structure yet. We are still doing lower highs/lows, and the 21 ema is pointing down, and to me, we must see more confirmation in order to call it a buy again.
If the index is about to reverse, now is the best time for it:
In the daily chart, we see that the index is trying to stabilize at a very important support level around the 4,167, which supported the price at least 5 times in the past.
What’s more, this support level could be the neckline of a Head & Shoulders chart pattern in the weekly chart:
This tells us that this the last chance the SPX will have to react, otherwise, it’ll engage a bear trend for good. It is important to notice that it is dropping in the last 4 weeks, but the volume was below the average, and this gives me the impression that the market is dropping because people are just afraid and aren’t buying, instead of actually selling (or shorting) at this level.
The moment couldn’t be more complex and crucial. Regardless of what the SPX will do next, it seems we’ll have our answer soon, in the next few days. I’ll keep you guys updated on this every day, so, remember to follow me to keep in touch with my daily analyses!
EUR/JPY : Volume Profile and Price Action Analysis On EUR/JPY is nice to see strong sell-off from the price 136.49, there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Support form the past + Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
ES: Weekly MarketviewHello everyone, I'd like to share with this weeks ES trading levels.
ES is trending down since a couple of weeks now. Thats why we expect lower prices until we see new HHs and LLs. Sentiment stays bearish until we break the 4405.75 level and close above.
As you can see, price is ranging between the levels 4405.75 and 4355.25. We anticipate another test of the 4355.25 area.
If the bears stays strong this week and the price breaks the 4355.25 level into the next value area, there is a lot of room to the downside. Target would be at around 4138.50.
Please let me know your thoughs and if you like the idea.
XAUUSD » Waiting for good breakout
Here we see three types of patterns on the chart at the same time( One Hour Chart). They are
1) Yellow Triangle.
2) Purple Triangle.
3) And descending wedge pattern.
* Let's first catch the second pattern, if there is a bearish break out in this pattern. Then the price will go to the level around 1890 and wait for the first pattern breakout. If this level is broken, the price could go closer to 1875-1868 area today(possiblity) in descending wedge last area.
* Hopefully, We could explain it better with less words.
👩💻 Traders, if you like this idea or have your own opinion about it, write in a like and comment. We will be happy.
Regards
by FXAnlysisTeam
SPX: Time to BUY the DIP? Only if it does this...Hello traders and investors! The SPX dropped sharply after it lost our support at 4,456, so we have a lot to update.
First, as we already discussed in my last analysis, the 4,456 was the key point, and only by losing it, we would see a bearish reversal. I’ll leave the link to my previous analysis below this post. Now the index lost all of its support levels, and there’s nothing indicating it could reverse from here.
We had a good reaction yesterday, but this is not enough, and I don’t see any clear bullish structure in the 1h chart that could convince me that the index will fly again. However, if the index reacts and breaks the 4,299, I’ll consider it a great sign, and it might be the reversal structure it needs (it must not lose the 4,200, though, otherwise, the bear trend will likely persist).
Now, let’s see the daily chart:
Yesterday the index did a classic Hammer candlestick pattern, a good bullish reaction, but to me, this pattern would be much more appealing if it appeared closer to the support at 4,167. Either way, it is a Hammer and the volume was above the average, indicating a possible exhaustion of the bear trend.
The points mentioned in the 1h chart (resistance at 4,299 and support at 4,200) are this Hammer’s high and low. If it loses the 4,200, it’ll just resume the bear trend. However, the 4,299 is yesterday’s high, and if the index breaks this point, it’ll trigger this Hammer pattern, along with a possible bullish structure in the 1h chart (as we already mentioned), and this is the confirmation sign we need.
Let’s keep our eyes open at the 4,299, as this seems to be the most important resistance on the SPX! I’ll keep you guys updated on this, so, remember to follow me to keep in touch with my daily analyses! I couldn’t update you guys last Friday and yesterday, but the link to my previous idea is in the link below.
Better days for Coal India ahead!This stock is often overlooked
It is a part of Nifty-50, and major weightage in Nifty-Metal Index as well.
It seems it is time that we get our eyes on this counter again
The line drawn in the chart is a regression line for Coal India. It is downward sloping currently.
But notice that price has closed above the regression line on the weekly charts.
If we see the last 4 candles on weekly charts, we observe this:-
- All four are green candles
- Body-size of candles in increasing (getting larger and larger)
Bollinger band expansion bodes well for the stock in the near term.
Volume: If we see the past 2&1/2 -3 years volumes, they have been much higher as compared to the periods prior to 2018
Another way to convey this volume strength is that "long-term volume averages are at/around lifetime highs"
Recent Coal Shortages, elevated coal prices, prevailing inflationary trends are also tailwinds for the stock
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ABOVE VIEWS ARE PERSONAL. PLEASE CONSULT YOUR FINANCIAL ADVISORS BEFORE INVESTING
I AM NOT A SEBI REGISTERED ADVISOR
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$NILE Next Target PTs .90-1.05 and higherBitNile Holdings, Inc., through its subsidiaries, designs, develops, manufactures, and sells power system solutions for the defense/aerospace, industrial, automotive, telecommunications, healthcare, medical/biopharmaceutical, and textile industries in North America, Europe, the Middle East, and internationally. It offers switching and uninterruptible power supplies, power conversion and distribution equipment frequency converters, and transformer and power rectifiers; radio frequency and microwave filters, diplexers, multiplexers, detectors, switch filters, integrated assemblies, and detector logarithmic video amplifiers; and custom computer-based automated test equipments, turnkey systems, high precision calibration equipments, advance power systems, and project management and engineering solutions. The company also provides power conversion and display solutions; residential and commercial high-speed EV charging solutions; commercial loans, convertible notes, and revolving lines of credit; and virtual training courses through the LightSpeedVT platform, as well as creates various media, communications, and content, including web development, corporate communications, social media, and scripted and unscripted television. In addition, it invests in public and private companies; and various commercial and residential real estate, including hospitality, multifamily, and industrial properties, as well as operates hotels and data centers. Further, the company engages in Bitcoin mining and other activities, as well as provides digital marketing services. It sells its products directly through its sales force, as well as through independent manufacturer representatives and distributors. The company was formerly known as Ault Global Holdings Inc. and changed its name to BitNile Holdings, Inc. in December 13, 2021. BitNile Holdings Inc. was incorporated in 1969 and is headquartered in Las Vegas, Nevada.
$HYMC Next Target PTs 3.50 and higher Long term PT 30 and higherHycroft Mining Holding Corporation, together with its subsidiaries, operates as a gold and silver development company in the United States. The company holds interests in the Hycroft mine that covers an area of approximately 70,671 acres located in the state of Nevada. As of December 31, 2021, its Hycroft mine had measured and indicated mineral resources of 9.6 million ounces of gold, and 446.0 million ounces of silver. Hycroft Mining Holding Corporation is headquartered in Winnemucca, Nevada.