Technical Analysis on Kadant (KAI)Kadant ( KAI ) has maintained a clear upward trend, characterized by higher highs and higher lows. Throughout its bullish phase, the stock experienced periodic pullbacks between 20% and 30%.
After recently hitting its all-time highs, the stock is currently undergoing a retracement, approaching potential support zones.
Bullish Scenario
The first potential support levels are close to the current price:
SUP 1 around $304
POC 1 around $320
Another possible support zone is POC 2 near $280, which could provide a significant base if the price continues to drop.
Bearish Scenario
For a bearish outlook, key levels to monitor include:
A breakdown below POC 1 ($320)
A trendline break (green line)
A breach of POC 2 ($280), indicating a potential continuation of the downtrend.
Volume
Intraday Levels for Nasdaq 100 Futures - 12/17/2024This analysis focuses on the Nasdaq 100 Futures, aiming to identify potential support and resistance levels where the price could experience intraday bounces or trend reversals, as well as zones where the price might potentially break higher or move lower.
Considerations
The range used in this analysis serves only as a reference for broader-level insights.
For intraday operations, it is advisable to utilize a lower timeframe to refine entry and exit points more accurately.
To confirm the validity of these levels, it is essential to evaluate real-time conditions as the price approaches these zones. Factors such as pressure, trading volume, and Order Flow will play a critical role in determining whether these supports hold or are likely to be broken.
$SOL Breakout could be soon, 3 Opportunities SOL Has been consolidating since Mid-December, and now it could be gearing up for a bullish continuation to the upside.
I have provided three potential paths for the chart, red being most degenerate, and green being the best long opportunity in my eyes. If SOL was to retest the range lows, it would be a beautiful setup for a long, but I don't think it is likely to happen, nor do I expect the red path to happen. Yellow, a breakout and retest of the current channel, would set us up well in the macro timeframe, with a potential scalp short when we near the POC at $240.3 USD
Key Points:
- 50D SMA- SOL is pushing to reclaim the 50D SMA, ~$228, if it gets to $228 I think one could go long with a stop loss at $223
- 100D SMA- $233, given the momentum on the short term, I think if SOL reclaims the 50D, it is likely to take the 100 as well as potentially push to range highs near $263 with a potential short scalp at the POC @$237.2
NFA DYOR Let me know your thoughts
Platinum in deep consolidation TerritoryThe 70% to drop after my Nov 18th post turned out to be 100%
Now we are in deep consolidation going into the closing of this yearly candle
I predict we will drop further coming into the year but a sweep of the highs first.
There is actually no real way to predict which side will unload 1st to start the volatility so we remain cautious and super suspicious of the low volume going into the new year
#008 NEW DCA USDCAD Buy Up TrendI bought USDCAD just because I saw that it has been trending.
No other reasons. I think sometimes no reason but because it is trending is a very good reason.
Just like duolingo, godaddy, marriott, tesla. Don't question. No need for question.
Obviously if something is going to go upwards and it has been going upwards, plus being strongly going up, you would want to take a piece out of it. You dont question why its going up. You just grab that wall flower and begin peddling. Once the trend dies, and you give it logic, you kill yourself with the logic when the logic doesn't work out the way you thought.
So, don't think. theres nothing to think about.
1547SGT 13122024
$AMD Forms Another Double Bottom – Will History Repeat Itself?I wanted to share an interesting setup I’ve noticed on NASDAQ:AMD daily chart. The stock just completed what looks like a classic double bottom pattern—something it’s done before with impressive results.
What I’m Seeing:
Double Bottom Revisited:
We can see that AMD has formed another “W” shaped bottom, where price tested a support zone twice and successfully bounced.
Historical Precedent:
The last time AMD completed a double bottom, the subsequent breakout and follow-through rally were significant. After the neckline breakout, price continued to move higher, rewarding patient traders and confirming the pattern’s bullish nature.
Volume & Confirmation:
It’s worth looking closely at volume to confirm the pattern. In many textbook double bottoms, volume often increases on the breakout, signaling that buyers are stepping in. If we see heavier trading volumes as AMD breaks through the neckline, it could be an indication that a similar move might unfold.
Potential Price Target:
A common way to project a double bottom target is to measure the height of the “W” and add it to the breakout point. If this pattern performs similarly to the last one, we could see a significant upside move. Of course, there are no guarantees, but patterns like these give traders a framework to manage risk and set objectives.
What to Watch For:
Neckline Break: A clean move above the neckline (resistance area) would be a key bullish signal.
Volume Expansion: Higher volume on the breakout adds conviction.
Market Conditions: Broader market health and sentiment can affect whether the pattern plays out as expected.
AMD has shown us before that this pattern can precede major rallies. As always, manage your risk appropriately—no matter how promising a setup looks, it’s wise to confirm with price action and volume before jumping in.
EUR/CHF Day Trading Analysis With Volume ProfileOn EUR/CHF , it's nice to see a strong buying reaction at the price of 0.92860 and 0.93450.
There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.
Weekly POC, Uptrend and high volume cluster are the main reasons for my decision to go long on this trade.
Happy trading
Dale
Intraday Levels for Nasdaq 100 Futures - 12/16/2024This analysis focuses on the Nasdaq 100 Futures, aiming to identify potential support and resistance levels where the price could experience intraday bounces or trend reversals, as well as zones where the price might potentially break higher or move lower.
Considerations
The range used in this analysis serves only as a reference for broader-level insights.
For intraday operations, it is advisable to utilize a lower timeframe to refine entry and exit points more accurately.
To confirm the validity of these levels, it is essential to evaluate real-time conditions as the price approaches these zones. Factors such as pressure, trading volume, and Order Flow will play a critical role in determining whether these supports hold or are likely to be broken.
Technical Analysis for Gold Spot/USD (1-Hour Chart) Current Market Overview
Current Price: $2,659.07
Market Trend: Mixed with a recent bearish move, but a recovery seems to be emerging.
Key Support and Resistance Levels:
Support: $2,624.09 and $2,613.26
Resistance: $2,686.70 and $2,725.84
Bullish Scenario
Technical Factors
Price Action:
Price shows a rebound after testing the NY Midnight Open near $2,653.70.
Bullish candles are starting to form on the right side of the chart, suggesting a potential reversal.
Volume Profile:
Delta volume is indicating positive activity at lower price levels, hinting that buyers are stepping in near $2,653 and below.
Indicators:
The pink shaded bearish momentum (likely a short-term EMA cloud) appears to be weakening.
Price is attempting to push above this bearish cloud, which could act as a trigger for further bullish momentum.
Support Zone:
Strong support exists near $2,624 to $2,613, where price previously reversed on Dec 6th and 10th, as seen by the green demand zone.
Probable Entry Points
Entry: Around $2,655 - $2,660 once price consolidates above the NY Midnight Open ($2,653.70).
Confirmation: Look for price closing above $2,666 (the nearest mini-resistance).
Take-Profit Targets
Short-term TP1: $2,686.70 (key resistance zone marked by 16% delta volume).
TP2: $2,710 - This is a zone where previous bearish pressure emerged.
Extended Target: $2,725.84 (higher timeframe resistance).
Stop-Loss
SL: Below $2,650 or $2,645 to minimize risk.
Bearish Scenario
Technical Factors
Price Action:
Despite the current bounce, the overall structure remains bearish, with lower highs forming after the drop from $2,725.84.
Bearish momentum (pink shaded region) remains active on the larger downtrend.
Volume Analysis:
Negative delta volume around $2,686.70 suggests sellers are still defending that level.
Resistance Zone:
$2,666 to $2,686 is a key supply zone; a rejection here would confirm bearish continuation.
Moving Averages/EMA Cloud:
Price has yet to break convincingly above the pink bearish cloud, meaning the trend still favors sellers.
Probable Entry Points
Entry: Near $2,666 to $2,670 if the price fails to break above resistance. Look for rejection candles.
Confirmation: Bearish engulfing or a sharp pullback below the NY Midnight Open ($2,653).
Take-Profit Targets
Short-term TP1: $2,640 (previous swing low).
TP2: $2,624 - This level is the lower support zone with previous demand.
Extended Target: $2,613 - A breakdown of this level could lead to further bearish momentum.
Stop-Loss
SL: Above $2,675 or $2,680 to protect against a bullish breakout.
Summary: Trading Plan
Scenario Entry Zone Stop-Loss Take-Profit Targets
Bullish $2,655 - $2,660 Below $2,645 TP1: $2,686.70, TP2: $2,710, TP3: $2,725
Bearish $2,666 - $2,670 Above $2,675 TP1: $2,640, TP2: $2,624, TP3: $2,613
Conclusion
Bullish Bias: If price sustains above $2,666 and breaks resistance near $2,686, a bullish move to $2,710 - $2,725 could unfold.
Bearish Bias: Rejection at $2,666 - $2,686 would likely lead to a pullback targeting $2,640, $2,624, and potentially $2,613.
Recommendation: Wait for confirmation around key levels ($2,653.70 and $2,666) before entering a trade. Use proper stop-losses to manage risk.
Gold and silver have corrected to the first targetsHey traders and investors!
Gold and silver prices have reached the buyer's interest zones: 2650-2627 for gold and 30.3165 for silver.
Let’s see if the buyer is strong at these levels or if the price will continue to decline.
A deeper correction would be preferable. Detailed analysis in related posts.
Good luck with your trading and investments!
USD/CHF continue with the UptrendOn USD/CHF , it's nice to see a strong buying reaction at the price of 0.88900.
There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.
Uptrend and high volume cluster are the main reasons for my decision to go long on this trade.
Happy trading
Dale
USD/JPY continue with the UptrendOn USD/JPY , it's nice to see a strong buying reaction at the price of 152.890.
There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.
Uptrend and high volume cluster are the main reasons for my decision to go long on this trade.
Happy trading
Dale
BTC Surges on Signal of Trump's US Strategic ReserveWith market reactions trending very positive, COINBASE:BTCUSD saw a big surge today as investors were encouraged by Trump's signaled support for large investments in a US BTC Strategic Reserve fund to back up the Treasury Department and their indicators of a more supportive environment for crypto investors and holders in the United States of America. This comes as a welcome change for residents and businesses engaged with building the ever growing crypto economy which will empower free markets, free thinking, and free people.
With over $200M USD positive BINANCE:BTCUSD inflows to Binance in the last 12hr, we can only guess what the total inflows look like right now on an hourly or even minute-by-minute basis across all exchanges worldwide. A large spike in trading volume during the day Sunday fueled traders excitement as many were attracted to the market over the weekend.
Your reaction to this good news might depend on what kind of trader you are. Are you Microstrategy? Your stock just went up! Personal investors - "this is great! lets see more!". Well a lot of times people expect good and underestimate the downside. It is a great opportunity here to apply reverse psychology and short the market. This strategy is not right for everyone but there could definitely be opportunity for both long and short entry points when using the informative and actionable MACD Strategy indicator on your charting. Perhaps even learnings will come from this.
Have a beautiful day, and remember Habibi, the desert tests your will, not your strength.
messari.io
What to expect from Bitcoin next week and recommendations1. General analysis of the current trend
Moving Averages (SMA) :
The price is trading above all major moving averages (fast, medium, slow), confirming the presence of an upward trend. The widening gap between the moving averages indicates that the trend is currently strong.
Conclusion : The uptrend remains intact, but a temporary correction or false breakout is possible.
ADX (Average Directional Index) :
ADX = 16.64, indicating weak trend strength. A rise in the ADX above 20 would confirm a stronger continuation of the trend.
Conclusion : The trend is weak but could strengthen or experience strong volatility.
RSI (Relative Strength Index) :
RSI = 62.42. This value is in a neutral to bullish range and not yet in overbought territory (above 70). In an uptrend, the RSI often lingers in the 60-80 range without signaling a reversal. However, the current level indicates the possibility of a mild pullback.
Conclusion : The RSI does not indicate a reversal yet, but a further move towards 70 or a divergence may signal a weakening momentum.
ATR (Average True Range) :
ATR = 1.1, indicating low volatility. Such conditions often precede a strong move in either direction.
Conclusion : Be prepared for a sudden increase in volatility that could result in a sharp price movement.
Volume :
Trading volume has decreased, a common sign of trend exhaustion or consolidation. If volume spikes during a breakout, it will be crucial to assess whether the breakout is sustainable or fading.
Conclusion : Weak volume suggests that any breakout may be temporary unless confirmed by increased trading activity.
2. Key levels to watch
Resistance :
102,500-103,000 USDT is a critical zone where many stop losses from short sellers and buy stop orders are likely to be concentrated.
Support :
99,500 USDT is the next support level for a potential pullback.
97,000 USDT is a stronger support zone that could attract buying interest.
Critical support :
95,000 USDT is a key level. A break below it could signal a trend reversal.
3. Possible scenarios
Scenario 1: Continuation of the bullish trend (30% probability)
Conditions:
Price breaks through resistance at 102,500-103,000 USDT with increased volume.
ADX rises above 20, confirming the strength of the trend.
RSI moves into the 70-75 range without showing divergence.
Target: 105,000-107,000 USDT.
Scenario 2: Correction (40% probability)
Conditions:
Price fails to hold above resistance at 102,500 USDT and volume remains low.
RSI fails to break through 70 and begins to fall towards 50.
Price retreats to support levels at 99,500 or 97,000 USDT for liquidity accumulation.
Target: 99,500-97,000 USDT.
Scenario 3: Liquidity accumulation above resistance followed by a decline (20% probability)
Conditions:
The price briefly surges above resistance at 102,500-103,000 USDT, triggering stop-loss and buy-stop orders.
After gathering liquidity above resistance, the price quickly reverses back below 102,500, confirming a false breakout.
Volume spikes during the breakout, but quickly diminishes, signaling a lack of follow-through from buyers.
RSI shows divergence (price makes a new high, but RSI fails to follow).
Expected movement:
First leg up: The price rises to 103,500-104,000 USDT to gather liquidity.
Second leg down: Price falls back to 99,500 or 97,000 USDT.
Scenario 4: Trend reversal (10% probability)
Conditions:
Price breaks below key support at 95,000 USDT, accompanied by a volume spike.
The RSI drops below 40 and the ADX signals a strong bearish impulse.
The structure shifts to "lower highs and lower lows".
Target: 90,000-85,000 USDT.
5. Recommendations
For those holding positions :
Protect your profits by placing a stop loss just below 99,500 USDT.
If the price breaks through resistance at 102,500, monitor whether it holds above this level. A failure to hold could signal a liquidity grab.
For those looking to enter :
For long positions: wait for a pullback to 99,500 or 97,000 USDT and look for confirmation (e.g. bullish candlestick patterns, increased volume).
6. Additional factors for analysis
Candlestick patterns :
The current candlestick patterns do not indicate a clear reversal.
At the 102,500 resistance level, look for doji, shooting star, or hammer patterns that could signal a reversal or correction.
Near the 99,500 support level, look for bullish patterns such as Engulfing or Morning Star, which could indicate a bounce.
Fundamental Factors :
News and macroeconomic events: Monitor updates related to BTC (e.g., ETF approvals, regulatory changes) or macroeconomic events such as Federal Reserve interest rate decisions (Dec. 17-18) and inflation data, as these can impact market sentiment.
Liquidity Reports: Track BTC liquidity on exchanges. For example: if whales or institutional players withdraw significant amounts of BTC from exchanges, it could reduce supply and drive up the price. Conversely, increased deposits on exchanges could indicate selling pressure.
Conclusion
The most likely scenario is a pullback to the 99,500–97,000 USDT levels, providing liquidity for a continuation of the uptrend. However, a liquidity grab above resistance (Scenario 3) could also occur, where the price briefly spikes above 102,500–103,000 USDT before reversing sharply to lower levels. A full trend reversal remains unlikely unless the support at 95,000 USDT is breached.
Can You Smell It? / BTC 110K is Closer than you thinkBINANCE:BTCUSDT
COINBASE:BTCUSD
Consolidation in Key Resistance Zone: BTC price has repeatedly tested the dark-yellow resistance block (~102,000 USDT) without strong rejection, indicating seller exhaustion.
Higher Lows and Rising Trendline: The ascending trendline shows strong buying interest at higher levels, pushing BTC upward.
Volume Profile (VRVP): The visible range volume profile reveals a volume gap above the current resistance, meaning BTC could move swiftly once it clears the 102K region.
Breakout Signal: A potential breakout candle has formed near the resistance, with smaller consolidations (orange circles) and consistent higher lows acting as a springboard.
Measured Move to 110K: If BTC breaks cleanly above the resistance zone, the green path suggests a measured move toward the next psychological level at 110K USDT, backed by strong momentum.
This bullish structure aligns with accumulation and breakout patterns, indicating Bitcoin's next leg up may be imminent. Monitor for confirmation above 102K.
Follow for the Updates
Waareenergies: cup and handle breakout along with IPO basebreakoIPO base breakout with cup and handle breakout in process.
Please consider stop loss as per capacity and position size.
Disclaimer: only for education purposes, no buy or sell recommendation. we are not sebi registered. always discuss first with your financial advisors
HBL power: toward ath before budget and may trade in 800Hblpower is moving towards previous high 0f 724, once even 708 is taken out its range breakout Is heading towards 780.
please consider stop loss as per capacity
Disclaimer: only for education purposes, no buy or sell recommendation. we are not sebi registered. always discuss first with your financial advisors
PNG Jwellers: stock getting ready for IPO base breakoutPNG jewelers: Ipo listing day high 848, stock can give a wild move above 840 for 1000 +
consider stop loss below low of breakout candle.
those who don't have patience can buy above 760 as well, with 3-4% stop loss.
Disclaimer: only for education purposes, no buy or sell recommendation. we are not sebi registered. always discuss first with your financial advisors
Prajind: flag pole breakout with volumesPraj industry after a breakout it is showing retest and consolidation at higher levels.
fresh leg of rally will start after 824 with a stop loss of 780
we can see new high around 900-930
Disclaimer: only for education purposes, no buy or sell recommendation. we are not sebi registered. always discuss first with your financial advisors
CXAI | High Volume Buys IncomingCXApp, Inc. engages in the provision of workplace experience solutions. Its solutions are used in workplace experience, employee engagement, desk and meeting room reservations, workplace analytics, occupancy management, content delivery, corporate communications and notifications, event management, live indoor mapping, and wayfinding and navigation. The company was founded on September 19, 2022 and is headquartered in Palo Alto, CA.