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Volumespike

HARSHA ENGINEERS INTERNATIONAL LTDCompany is almost debt free. Company has delivered good profit growth of 56.4% CAGR over last 5 years The combined share of operating losses at China and Romania came down significantly because of China reporting positive profit in Q4 FY 2024. However, Romania continued to report operating losses in Q4 FY 2024. ➢ While the demand situation in Europe both on the Wind as well as on the Industrial front remains subdued, our strategy in Romania is to improve product mix by increasing the share of cages, which is aimed at bringing Romania to Break-even level in FY 2025. ➢ Solar Business has reported a decent growth in top-line as well as profitability, on the back of a favourable renewable policy regime, with our strategy continued to be on limited capital allocation in this segment, but still allowing the same to operate in its natural tangent. ➢ The progress on our Greenfield project is satisfactory and is expected to commission in FY 2025. On a consolidated basis Q4 FY 2024 was the strongest quarter in the current fiscal FY 2024 reflecting an allround improvement in the top line as well as the EBITDA and PAT margins. The consolidated top line of Q4 FY 2024 has shown a growth of 17% over Q3 FY 2024 and 11% over Q4 FY 2023. The consolidated EBITDA of Q4 FY 2024 has also grown by 23% as compared to Q3 FY 2024 and 10% as compared to Q4 FY 2023. ➢ On full year basis, while consolidated top line of FY 2023-24 reflects a marginal growth over FY 2022-23, the EBITDA and PAT of FY 2024, though lower than FY 2023, are still reflecting a significant recovery as compared to H1 FY 2024 and are better than our expectations. ➢ The growth in Bushing business as well as additional demand growth due to China + 1 factor was in line with our expectations. The Progress on outsourcing projects (insourcing to outsourcing) was satisfactory, and the growth in Japan based customers’ segment, though slightly muted, has remained positive. ➢ The expected growth in large size bearing cages segment could not be achieved due to continued global slowdown in the Wind as well as Industrial Segment, but is expected to catch up next Fiscal.
NSE:HARSHALong
by iism-ExpertTrading
NNOX Bull Run on FDA Clearance ( Med Tech)NNOX on the 15 minute chart is on a 100% move due to FDA clearance of its new 3D technology for Xrays. This will revolutionize Xrays for the medical field like MRIs did when they come out compared with CT Scan. This is an Israeli company whose technology will be inexpensive and will potentially be adapted globally. The market is measured in multiple billions $$$. The chart is self evident. Notable, is the volume spike corresponding to the price action. I will buy a large quantity of call options DTE about 90-120 and scale out gradually and unrealized profits are shown.
NASDAQ:NNOXLong
by AwesomeAvani
1
LYFT rises on news of the MSP dispute potential resolution LONGLYFT was a recent idea upload. The news regarding MSP and the dispute resolution has helped it rise off the ascending support trendline of the rising wedge pattern. The pattern may predict decreasing volatility towards price consolidation and then a break out from the wedge. In the meanwhile, I have added to my position since price is above the support trendline. The PVT indicator shows a flip out on the pullback and I see this as a good add long entry. On a low 1minute time frame. price gapped up with an engulfing candle with corresponding volume at the opening bell today. Importantly, a high volume spike also occurred in the after-market hours. My recent previous idea long on LYFT is linked here. The call option for $ 21.00 for April 19- 8DTE popped 140% today. I picked up a decent number of calls and will close them incrementally as they profit over the next week.
NASDAQ:LYFTLong
by AwesomeAvani
1
WORX - Position taken/ Watching for a short squeeze LONGWORX is shown here on a weekly chart. Basically it has been falling since COVID. Apparently, a Chinese company manufacturing electric landscaping and yard maintenance tools. In the past four days a big move up from 1.40ish to over 3. Looking to the left, it traded at 125 around the time of COVID. The FINRA short indicator had a burst of activity and the relative volume is 20-40X. In the context of things, shorts could have been taking positions dating back as far as four years and may now be buying to liquidate their positions and realize profits. Any rising price action will stimulate more of the same synergized with new buyers stepping in to get a piece of the action. I am now one of them. My targets of 6.8, 8.7 and 11.8 are drawn on the chart from pivots in the past year. The 4H RSI on the dual time frame indicator shows a rise over 50 while the weekly RSI line is chronically low and not yet changing. If the short squeeze takes off, the targets will be met quickly. Hype in trading rooms and social media like Reddit will add fuel to the price action in rising volume. Volumes over 100 million typically cause more interest which helps sustain the volumes. Shorts buying to cover adds more to even more volume.
NASDAQ:WORXLong
by AwesomeAvani
SOGP looks for trader capitulation SOGP is a company in the AI subsector focused on voice to text and vice-versa with the twist of between different languages marketing itself internationally as a penny stock with great potential upside. If a trader on a low budget wants AI exposure for high potential profit if patient this one may be better than PLTR because it is a value at a lower price per share and has not surged already like PLTR. This is similar from SOUN. On the 120 minute chart, SOGP had a big pop and then a slow fade. The volume has disappeared as quickly as it came. A descending and falling wedge pattern is seen. SOGP did 100% in a day and could do it again in the unpredictable near term future. I will take a long trade in SOGP and hold it for inevitable pop again.
NASDAQ:SOGPLong
by AwesomeAvani
Uranium demand is looking bullish, can #CCJ continue to rally? With COMEX:UX1! spot prices surging by nearly 50%, the performance of NYSE:CCJ has been nothing short of remarkable since it broke out of the wedge pattern in June this year. A significant increase in trading volume further exemplifies this rally. As uranium spot prices continue to show potential for further gains, the question arises: can NYSE:CCJ sustain its upward momentum? Several indicators suggest a positive outlook. 1. The MACD (Moving Average Convergence Divergence) has recently formed a bullish crossover, signalling strong momentum in favour of the bulls. 2. Additionally, the stock is currently positioned at the 50-day moving average. 3. Furthermore, NYSE:CCJ has successfully tested the $36 resistance level, which has now turned into support, making for a robust double-bottom pattern. All of these technical signals point to a favourable long position. Investors speculating on NYSE:CCJ at this juncture may stand to gain healthy profits if the current trends persist.
NYSE:CCJLong
by sajalgoelin
S&P 500 W reversal after 100 handles retracementWe saw a massive rally over the last months, with retracements around 100 handles. This week's price made a 108 handles retracement after 4 failed attempts to form a new high at 4600, then price fell back to the magical 4500 level in 3 days. At 4500 we saw a volume spike at the closing hour. With a higher low. All together it looks like a W formation at the bottom for me. Keep in mind, that tomorrow is NFP day. I'm hoping for a reversal, to a bullish trend. I'm crossing my fingers for positive news outcome. Looking for a 4560 touch and a retest at 4500 for an explosive move, back to the highs at 4600. Also keep in mind that it's Friday. Fridays, and Thursdays are usually great opportunities for reversals. I also provided a 40 sample statistics from past retracements from 2022 june up until today. It shows a spread around the 100 area with oscillating trends. Hope it helps to gain a bit of confidence, that a 100 pip retracement is completely fine in a strong uptrend like what we had in july so far. (Scroll left a little bit to see the graph) Green days and happy trading! Peter
BLACKBULL:SPX500Long
by peti199
BOROLTD - Bullish Consolidation Breakout with VolumesNSE: BOROLTD is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:BOROLTDLong
by BrahmaBull31
NFLX builds more momentum LONG for nowNFLX has been trending up for three weeks. If the trend is getting old it is now showing. Based on a set of two anchored VWAP bands originating June 1 and June 15, Netflix is breaking through VWAP bands from the lower -2 standard deviation lines to the +2 standard deviation lines and nearly the third upper deviation lines. This is a clear and convincing VWAP breakout with buyers in overwhelming control Trading volume today is about 4 or 5 times the running average and about 1M. Volume support for price action is obvious. The dual time frame RSI shows 1 hr TF RSI (blue line) shot up crossed over the daily TF RSI (black line) and is retreating a bit. The daily RS is below 80 and still trending up. The MACD shows a classical bullish momentum pattern with the lines well above the histograms. Overall NFLX has the risk of overextension and possible topping with a fade afterwards. The mass index indicator shows a value into the reversal zone but until the value rises and the drops to 26.5, the trend is still intact. I will take a long trade here, hoping for a quick 5% ROI between now and the end of the week and about 50% on an options trade with a strike of $500 expiring July 28th which I will close upon a confirmed reversal and use the profits realized therefrom to buy a put option to take a ride down.
NASDAQ:NFLXLong
by AwesomeAvani
1
NQ Power Range Report with FIB Ext - 5/30/2023 SessionCME_MINI:NQM2023 - PR High: 14409.50 - PR Low: 14391.75 - NZ Spread: 39.75 Extremely high volume coming off the holiday close. - Holding the new daily highs off Friday's strong close. CB Consumer Confidence report at 10:00. Evening Stats (As of 1:25 AM) - Weekend Gap: +0.50% (filled) - Session Open ATR: 210.70 - Volume: 112K - Open Int: 284K - Trend Grade: Neutral - From ATH: -14.2% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 14675 - Mid: 14103 - Short: 31531 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
CME_MINI:NQM2023
by mv3trader5
VAXX Biotech Penny Stock Earnings Play VAXX is a speculative penny biotechnology NASDAQ stock with high volatility. On the 2H chart, it is currently trending up from a swing low on April 25 with earnings to be reported Monday 5/8. May's relative volume compared with that of April is about 2-3X higher. To confirm the bullish bias, VAXX is currently trading above its intermediate-term POC line on the volume profile. This confirms buyers as being in control. Although this is speculative as are all biotechnology penny stocks, impending earnings as a catalyst has been considered. Continued development in the vaccine subsector at large may suggest VAXX may have a favorable report to fuel further price action.
VLong
by AwesomeAvani
IMGN Biotech Post Earnings IMGN had great earnings the last days of April and has been trending up ever since. It is riding the upper Bollinger band consistently in this past wee. The volume spike after earnings has subsided but ongoing volume is at about 5X the moving average of early April and March. Increased volume supports price momentum. The volume spike here is obvious and significant. IMGN announced a public offering. I see this as a positive. It is primed for increasing growth but needs the fuel. Interest rates are high. Stock offering will raise cash and all shareholders will be rewarded. IMGN is resting and consolidated in a narrow range during this public offering. See also the favorable article from IBD linked below. I see IMGN as a solid swing long until the next earnings. I will watch for an uncoiling upon completion of the offering with resumption of momentum moving forward.
ILong
by AwesomeAvani
FAZ Bear Leveraged Financial Economy ETF LongAs the fed raises rates to try to throttled down inflation, the economy and the financial sector suffer. FAZ got its catalyst today in the federal news. It is a bearish fund that will go up while the FAS ETF will go down. On the 2-hour chart, the price can be seen rising to crossover the VWAP anchored a month back. It is nearly crossing over the POC line of the intermediate-term volume profile. These are both bullish moves confirmed by a dramatic increase in trading volumes perhaps 4-5X of the moving average volume. The overall picture is a long trade setup either with stock or strategic but more risky call options which could 10X.
AMEX:FAZLong
by AwesomeAvani
TNYA Biotechology Penny NASDAQ LONGTNYA has been in consolidation the past two days being in the flag of a bull flag pattern on the 1H chart. Earnings about six weeks ago were solid especially for a biotechnology stock which are generally priced based on future potential and not current performance. ( Fundamentally TNYA is in the gene splicing /slicing place which is perhaps the most lucrative and therapeutic of all of the various areas in the biotechnology realm. Seemingly, its potential is expodentially high. ) The zero lag MACD lines have crossed under the histogram which in general can be considered as a buy signal. The histogram has flipped to positive. Upside to the overhead resistance zone by the Luxalgo indicator is from an entry of about 5 to 6 or about 20%. Very recent high relative volume as compared with the 50 day moving average further supports a long trade at this time. The stop loss would be $.02 below the POC line of the volume profile. I will play this with options to further leverage the price action. Both options and stock are inexpensive for a small account.
NASDAQ:TNYALong
by AwesomeAvani
MGRX Biotech Penny Stock Pullback for Continuation LONGMGRX with some FDA news catalyst got a lot of action on the last session of the week. With the pullback and overwhelming volume during the session, a continuation into the upcoming week is entirely reasonable. ( see also the link) MGRX had a last price of about $1.50 about a 50% retracement from the high of the day. I will take a position at market price in the pre-market opening the week. The target will be $2.25 or midway between the current price and the high of the last session. This will represent a 50% Return on Trading Position. I will set a stop loss at $ 1.40 representing a 10% loss. Price at present is sitting on a confluence of support of both the 20 and 50 HMAs along with the lowermost VWAP band. The reward for risk is 5X. MGRX does not have options. I expect the long trade to hit the continuation target in less than 5 days. I will set a buy-stop order to take a position when the price exceeds $ 1.55 with a stop loss of $0.15 to account for the expected volatility.
MLong
by AwesomeAvani
FLUOROCHEM - Bullish Momentum with Volume SpikeNSE: FLUOROCHEM is closing with a bullish momentum candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade Disclaimer: This is for educational purposes only.
NSE:FLUOROCHEMLong
by BrahmaBull31
📊The Effects of Volume Cheatsheet📍 In trading, volume refers to the number of shares or contracts that are traded within a specific period of time. It is a key technical indicator used by traders and investors to analyze the strength and direction of price movements in the financial markets. The volume of a security can be used to confirm trends, indicate potential reversals, and identify areas of support and resistance. For example, a sudden increase in trading volume for a particular stock may suggest that a significant news event has occurred or that there is an increase in investor interest. On the other hand, a decrease in volume may indicate that investors are losing interest or that a trend is weakening. Volume is important in trading because it provides information about market activity and helps traders make informed decisions. By analyzing trading volume along with other technical indicators such as moving averages and price patterns, traders can gain insights into market trends and make more accurate predictions about future price movements. 💥Key Takeaway: When prices are rising or falling with high volume , it suggests that there is strong participation in the market and that the price movement is likely to continue in that direction . Conversely, when prices are rising or falling with low volume, it may indicate that there is not enough market participation to sustain the price movement and that a reversal could occur. 👤 @AlgoBuddy 📅 Daily Ideas about market update, psychology & indicators ❤️ If you appreciate our work, please like, comment and follow ❤️
by QuantVue
6
ALLCARGO - Bullish Swing Reversal with VolumesNSE: ALLCARGO is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been consolidating for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade Disclaimer: This is for educational purposes only.
NSE:ALLCARGOLong
by BrahmaBull31