PCRX Pacira BioSciences IncFundamentals
- This stock should be prices at 30(50%) up according to the previus pricing logic with the forward earnings.
- I think that this stock is pressed down because an institutional buyer that left to rapid, I don't know what the motives are. (Mabey the lost of 50% in 2 years did.) (Or if you see the traditional models, growing cashflow and earnings growing and the stock keeps decreasing every month, I would also say it's cursed. But why don't you exit way earlier then? Or is that when you get a 50% discount?)
- Increase in earnings, good cashflow, good low dept.
Oppinion, undervalued, excellent risk-reward. It's worth the risk of taking this trade, I took a good profit and am now scaling up. I would not recommend trading higher with 400K or call flow traders for a put option.
Volume
Continued growth Silver. H4 25.09.2024Continued growth Silver
Silver is still prioritised for growth to 33, but may pullback before that. The nearest strong zone for buying is 30.60-31.17 where 1/2 margin falls and I recommend to look for overhigh 32.50 with a potential target near option resistance 33. Strong volume accumulation also falls into the zone and strengthens it.
BTC in Bearish Flag!!! Are we going deeper?Hey traders!
Short term update for Bitcoin.
So we have here:
1) Bearish flag on 1H timeframe
2) Descending volumes
3) Divergence from the BTC direction and volumes
For me, we can go to the next Fib level, which is 0,618 and it's an important one. After we could see the reaction and try to understand what can be next.
What's your thoughts?
EURUSD loosing downside momentumFX:EURUSD
The EURUSD is in the key Fibonacci Retracement level of between the 78.6% and 88.6% levels, volume is starting to decline to the downside, we have almost a complete 5-wave move, and we have a positive RSI divergence reading, after it reach oversold levels. Nice Risk-Reward ratio here, even if it manages to sweep the lows a little bite.
Analyzing JK PAPER LTD: A Technical Perspective
In this analysis, we delve into the recent price movements of JK PAPER LTD, utilizing a combination of trendlines and the MACD&OBV indicator to uncover potential trading opportunities.
Weekly Trendline Analysis
The yellow trendline on the weekly chart highlights a long-term upward trend that has been in place since December 2021. This trendline has acted as a strong support level, with prices consistently bouncing off it. The sustained upward momentum suggests a bullish sentiment among long-term investors.
Daily Trendline Insights
On the daily chart, the orange trendline provides a closer look at the short-term price movements. This trendline has been tested multiple times, indicating its significance in the current trading environment. The convergence of the daily and weekly trendlines around the 600-640 price range suggests a critical support zone that traders should watch closely.
MACD&OBV Combination
The MACD&OBV indicator, with OBV as the source applied to MACD, offers additional insights into the stock’s momentum. The OBV tracks the volume flow, while the MACD helps identify changes in the strength, direction, momentum, and duration of the trend. The recent crossover above the zero line in the MACD&OBV indicator signals a potential bullish reversal, supported by increasing volume.
Key Takeaways
Support Levels: The yellow weekly trendline and the orange daily trendline converge around the 600-640 price range, forming a strong support zone.
Bullish Signals: The MACD&OBV indicator’s recent crossover above the zero line indicates a potential bullish reversal, backed by strong volume.
Trading Strategy: Traders might consider entering long positions near the support zone, with a stop-loss slightly below the weekly trendline. Monitoring the MACD&OBV indicator for further confirmation can enhance the trading strategy.
Conclusion
JK PAPER LTD presents an interesting case for technical analysts and traders. The combination of long-term and short-term trendlines, along with the MACD&OBV indicator, provides a comprehensive view of the stock’s potential movements. As always, traders should conduct their own research and consider market conditions before making any trading decisions.
EURUSD 4H Buy BullishEURUSD 4H Buy Bullish
Volume distribution+chart trading(rectangular high sideways oscillation)+bullish Saif Pattern+supply and demand theory+bullish Pinbar=Buy Bullish
Enter the long position directly near the current price of EURUSD around 1.10300,and place the stop loss at 1.09900.
The first target is around 1.11200,halving the warehouse and promoting protection.
Look around 1.12000 for the second target position,then halve the position and push for protection.
Do not set a new high,enter the market with a backhand to short.
USDJPY 4H Short selling USDJPY 4H Short selling
Directly enter the short market near the current price of USDJPY at 146.60,with a stop loss level at 148.400.
Volume distribution+price trading behavior rectangular oscillation+harmonic pattern+support resistance level+Bearish Pinbar=short selling
The first target is to look around 143.746,reduce the size of the warehouse by half,and promote protection.
Look around 140.260 for the second target position,then halve the warehouse and push for protection.
If the price does not hit a new low, look for opportunities to go long in reverse.
Whipsaw coming as bitcoin consolidates the 50-60k levelForecasting a pullback to 50k, as i expect the out of the ordinary volume on 08/05/24- 15min, hourly, 4hr, & daily, to gravitate price back towards it; high volume candles are very likely to get backfilled due to orderbook instability- see yellow fib lines for source and measurement. This is not bearish. This is important for bitcoin to conquer this level as she gears to move higher. There are many things i cant fully articulate in my charts so if you have any questions let me know.
James
DC. Ascending Triangle.The time interval for the triangle formation is approx 29 days. An upward exit implies a 100% growth. If price now finds support from the long-term moving average, then the average will act as resistance in upcoming bull run of the asset. The price growth, as well as the volume growth, coincides with abnormally increased activity in Dogecoin chain. Remember that it is the Dogecoin community that is inspiration behind the creation of the smart contract blockchain for Dogecoin chain and community.
Analyzing State Bank of India (SBIN) Daily Chart
In this blog post, we will delve into the daily chart of State Bank of India (SBIN), utilizing a combination of advanced technical analysis tools to uncover potential trading opportunities. This analysis will focus on the trendline, Bollinger Bands applied to linear regression predicted prices based on volume, and the MACD with OBV as the source input.
Trendline Analysis
The yellow trendline on the chart indicates a clear upward trajectory, suggesting a long-term bullish trend. This trendline acts as a support level, where prices have consistently bounced back, reinforcing the bullish sentiment. Traders often use trendlines to identify the direction of the market and potential reversal points.
Bollinger Bands and Linear Regression
Bollinger Bands, applied to the linear regression predicted prices based on volume, provide a dynamic range within which the price tends to oscillate. The linear regression line serves as a mean price level, reflecting the average price movement adjusted for volume. When the price touches the upper Bollinger Band, it indicates overbought conditions, while touching the lower band suggests oversold conditions.
In this chart, the price has recently touched the upper Bollinger Band, indicating a potential overbought scenario. Traders might look for a pullback towards the mean regression line or the lower Bollinger Band as a potential buying opportunity.
MACD and OBV Combination
The MACD (Moving Average Convergence Divergence) indicator, with OBV (On-Balance Volume) as its source input, provides insights into the momentum and volume flow. The MACD consists of two lines – the MACD line and the signal line – along with histogram bars that represent the difference between these lines.
In the current chart, we observe a bullish crossover where the MACD line crosses above the signal line, accompanied by increasing histogram bars. This crossover, combined with rising OBV, suggests strong buying pressure and potential continuation of the upward trend.
Key Takeaways for Traders
Trendline Support: The upward trendline acts as a strong support level. Look for buying opportunities near this trendline.
Bollinger Bands: Monitor the price action around the Bollinger Bands. A pullback to the mean regression line or lower band could present a buying opportunity.
MACD and OBV: The bullish MACD crossover and rising OBV indicate strong momentum. Consider entering long positions on pullbacks.
Conclusion
By combining these technical analysis tools, traders can gain a comprehensive understanding of the market dynamics for SBIN. The trendline, Bollinger Bands, and MACD with OBV provide valuable insights into potential entry and exit points, helping traders make informed decisions.
Follow this analysis on TradingView for more updates and detailed breakdowns of other stocks. Happy trading!
Feel free to share your thoughts or ask any questions in the comments below. Let’s build a community of informed and successful traders! 🚀📈
EUR/USD continues the downtrendOn EUR/USD , it's nice to see a strong sell-off from the price of 1.10700 and 1.11320 . It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again.
The S/R zone from the past and high volume cluster are the main reasons for my decision to go long on this trade.
Happy trading,
Dale
Microsoft - Its Decision Time Hi Guys,
This chart could be a leading indicator for overall market direction, alongside NASDAQ:NVDA - NVIDIA and $AAPL. So this chart and the other two largest companies in the world Nvidia and Apple are worth paying close attention to, for overall market direction.
▫️ Similar to a the 2019 - 2022 period, the price held the mid term parallel channel with the 200 day SMA acted as underside support. When the 200SMA and the parallel channel was lost in Q1 2023, it led to significant 28%+ decline from these levels (38% from the prior highs of the period).
▫️ We can use the DSS Bressert and the On Balance Volume to help here in distinguishing a likely trend direction.
▫️ This is a very strong chart as it stands. Many traders could step in at the 200 day SMA and bottom of the channel. If the channel is lost, and we have serious reason for concern and could exit on a revisit or test of the underside of the channel (as illustrated with the arrow).
Unless the channel is lost which sync's up with a loss of the 200 day moving average (approx. $410), intermediate trend looks intact for continued upwards trajectory.
Remember, you can check in on this chart and press play to get updated data at any time by clicking the link in the comments below or by following me on TradingView.
PUKA
Rebound of EURUSD to the lower boundary H4. 03.10.2024Rebound of EURUSD to the lower boundary
Euro is forming a correction downwards and judging by the options, will be taken out to the area of 1.1000. This analysis was shown in advance in a private channel for subscribers when a deep correction downwards was confirmed, and later clarified by options. From the lower boundary near 1.10 we will catch buys when confirmed. Cumulative delta rising on a decline is a sign of a pullback and continuation of the decline, so I am not in a hurry and waiting for a rebound with confirmation of a reversal.
OANDA:EURUSD
Apple Breakout!!! Alert1. Apple has always had poor sales in comparison to other devices...But who cares? Everybody to your left and right owns an iPhone.
2. Apple's AI is not 100% priced into the stock right now. Therefore, the drop is currently a discount.
3. Android OS already is lagging behind Apple.
$TNSR/USDT.p possible start off a parabolic move?this could be the start off a possible parabolic move also on TNSR/USDT.
between the 0.5 and 0.618 there is a FVG. its possible to suddentle start moving fast since its going really slowly up since last month.
please some feedbak=ck on this one.
cheers!
Long-term Continuation PatternGood volume build up in weekly timeframe.
Breakout with good volume.
If the breakout fails it will turn into cup and handle pattern. But volume are suggesting other.
Everything depends on boarder markets.
Fundamental's are OK.
FII stakes are up.
Smallcap⚠️⚠️.
NOTE: I do my analysis, do yours before trade.
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