CAAP | Time to Fly Higher | LONGCorporacion America Airports SA engages in the acquisition, development, and management of airport concessionaires. It operates through the following geographical segments: Argentina, Italy, Brazil, Uruguay, Ecuador, and Armenia. The firm conducts its operations in international airport, such as Ezeiza Airport, Brasilia Airport, Aeroparque Airport, Bariloche, Iguazu, Galapagos Ecological Airport, and Florence Airport. The company was founded in 1998 and is headquartered in Luxembourg.
Volume
FCX | Copper Companies Look Good | LONGFreeport-McMoRan, Inc. engages in the mining of copper, gold, and molybdenum. It operates through the following segments: North America Copper Mines, South America Mining, Indonesia Mining, Molybdenum Mines, Rod and Refining, Atlantic Copper Smelting and Refining, and Corporate and Other. The North America Copper Mines segment operates open-pit copper mines in Morenci, Bagdad, Safford, Sierrita, Miami in Arizona and Chino, and Tyrone in New Mexico. The South America Mining segment includes Cerro Verde in Peru and El Abra in Chile. The Indonesia Mining segment handles the operations of the Grasberg minerals district that produce copper concentrate containing significant quantities of gold and silver. The Molybdenum Mines segment includes the Henderson underground mine and Climax open pit mine, both in Colorado. The Rod and Refining segment consists of copper conversion facilities located in North America and includes a refinery, and rod mills. The Atlantic Copper Smelting and Refining segment smelts and refines copper concentrate and markets refined copper and precious metals in slimes. The Corporate and Other segment offers other mining and eliminations, oil and gas operations, and other corporate and elimination items. The company was founded by James R. Moffett on November 10, 1987 and is headquartered in Phoenix, AZ.
XAUUSD Daily Proportional StrategyThe Daily Proportional Strategy is based on volatility. It involves trend tracking for a financial asset transitioning from a sideways movement to an upward trend. It relies on the scalp method.
This is not investment advice and does not provide guidance. It is for educational purposes only.
52 WEEK HIGH BREAKOUT STOCKNSE:PENINLAND
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52 WEEK HIGH BREAKOUT NSE:ALEMBICLTD
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Solana Price Prediction: Bearish Trend with Potential for FurtheIntroduction
BINANCE:SOLUSDT has been on a downward trend in recent weeks, with several red candles accompanied by significant trading volume. While there have been a few green candles, these have been relatively small and with lower volume. This suggests that the overall trend is bearish, and further declines are likely.
Technical Analysis
Key Support and Resistance Levels:
• Support: $126.4 is the current critical support level. If this breaks, the next significant support level is at $98.93. A breach of this level could trigger a sharp decline in Solana's price.
• Resistance: $173 is the first resistance level to watch. A confirmed breakout and stabilization above this level could signal a potential trend reversal. However, a more confident buying opportunity would emerge if the price breaks and holds above $202.
Trading Strategies
For Spot Traders:
• Holders: Consider setting a stop-loss order at $126. If there is a false breakout, you can re-enter the trade.
• Buyers: A risky entry point could be after a breakout and confirmation above $173. However, a safer approach would be to wait for a breakout and confirmation above $202.
For Futures Traders:
• Short: Enter short positions after a confirmed breakout below $126.
• Long: Consider entering long positions after a breakout and confirmation above $152 in lower time frames.
Risk Management
It is crucial to remember that I am only an analyst, and financial markets are inherently risky. Therefore, it is essential to practice proper capital and risk management strategies.
Conclusion
The current technical outlook for Solana suggests a bearish trend with the potential for further declines. Traders should exercise caution and carefully manage their risk while making trading decisions.
Please note:
• This analysis is based on current market conditions and may change in the future.
• It is not financial advice and should not be taken as such.
• Always conduct your own research and make informed trading decisions.
Thanks for support and please leave your comment !
Bitcoin can touch $67,000 SoonBitcoin is moving in a Heavy Support zone($65,730_$64,240) .
According to the theory of Elliott waves , Bitcoin seems to have succeeded in forming a Leading Diagonal .
Also, we can see the Regular Divergence(RD+) between two Consecutive Valleys.
I expect Bitcoin to rise to at least $67,000 after breaking the upper line of the Leading Diagonal.
Note: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze (BTCUSDT), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Palantir Cup and Handle Weekly ChartNYSE:PLTR Palantir Cup and Handle Weekly Chart:
It appears Palantir has developed a cup and handle pattern on the weekly chart and with momentum building it could get over the resistance it has seen at the 27 -28 level. It is a newer stock so one of the C&H rules is the entire pattern forming above the 200-day average market price I have in Green the 40 week average which is a close equivalent and it fails that rule.On the other hand It does form over roughly 24 months, it did have a decrease in volume over the handle development, the buy signal is when the price breaks above the handle’s resistance with increased volume. Technical analysis can and will fail due to other market forces. In my opinion short to mid term we could test 30 as a good start developing support long term it could see 40.
Nothing but airRobinhood IPO'd during a period of dovish monetary policy and high retail speculation. It shortly after giga-nuked as retail speculation wrapped up to find a bottoming range between $6-$12 for a period of 2 years. The volume shelves are actually insane.
Whats next?
Robinhood has broken out in orderly fashion, but has not seen a parabolic rise yet.
A old narrative will likely drive Robinhood into price discovery - Speculation on the return of speculation.
These trends play out faster each macro cycle.
Jun 21 17C
XEC - in the footsteps of smart money...Next chart with nice, possible accumulation. For me, it is very probable that this market will show gargantuan, bull breakout. So, let's go deeper. Chart shows analysis corresponding for Wyckoff method complemented by VSA elements.
The biggest volume belongs, in my opinion, to Upthrust Action element but not the biggest one is number one. The most important candle and volume is sequent bar. For me, he shows bag holding VSA pattern. This is place where smart money accumulated a lot of XEC's. This is a reason for non-spring market structure - gentle C-phase test and retest.
As I said, this market structure is good looking. So, I'll attentively observe this coin.
Why Dell Fell 15% After Superb EarningsTo those of you who may have panicked seeing the post-market plummet of DELL, I hope to bring some solace in this analysis.
Despite the stellar earnings report, Dell's stock fell sharply post-market. This drop can be better understood through the lens of demand and supply, rather than just technical analysis or predictions. Essentially, the market's reaction is often influenced by volume and the varying valuations among traders.
To illustrate, if someone sells an ounce of gold at half its current price, it doesn't mean that gold is worth half its value. It simply indicates that the seller has a different valuation or is unable to wait for a higher price. This principle applies to Dell's situation.
Examining the volume profile (displayed on the left side of the graph), we observe that a significant portion of today's trading volume was concentrated between $166.81 and $171.01. Despite an initial downturn at market open, the Developing Point of Control (DPOC, marked by the orange line) — the price level with the highest traded volume during the given period — stayed within this range. The overall Point of Control (POC, indicated by the white line) concluded the session at $170, suggesting that before the earnings call, the market generally valued Dell around $170.
So, why the drastic drop to a post-market close of $139, with a low near $135?
To those of you who may have panicked seeing Dell's post-market plummet after superb earnings were released, I hope to provide some clarity, context, and solace in this analysis.
Demand and Supply
In economic situations, the fundamental principles of demand and supply often overshadow technical analysis and predictions. The drop in Dell's stock price might be explained through these principles, particularly focusing on trading volume. The valuation of a security by one individual doesn't necessarily represent its true market value. For instance, if someone sells an ounce of gold at half its current price, it doesn't mean the gold is worth less; it merely reflects that seller's valuation and urgency.
Volume Profile Analysis
Examining the volume profile reveals significant insights. A substantial portion of today's trading volume occurred between $166.81 and $171.01. Despite an initial dip at market open, the Developing Point of Control (DPOC)—the price level with the highest traded volume—remained within this range. The overall Point of Control (POC) for the session ended at $170, indicating the market valued Dell at around $170 before the earnings call.
Post-Market Price Drop
So, why did the price fall to close post-market at $139, with a low near $135?
Several plausible reasons could contribute to this drop. These include:
Layoff-Induced/Insider Sales: Employees or insiders might have sold shares following layoffs.
Short Selling: Traders might have shorted the stock, anticipating a decline.
Sell-Offs by Wealthy Individuals/Organizations: Large investors with a bearish outlook might have liquidated their positions.
Volume and Reduced Demand
A straightforward explanation lies in the reduced demand and supply during after-hours trading. In this less liquid environment, selling a slightly larger quantity of shares can significantly impact the price. After the earnings call, someone likely sold more shares than the market could absorb at the $168 support level, triggering a cascade of sell orders and driving the price down to subsequent support levels.
The majority of the 224K shares sold in the first half-hour post-market traded above $164.50. This selling pressure pushed the price through multiple support levels, eventually finding some stability around $146, where 186K shares were traded. However, another wave of selling drove the price down to $135 before it recovered to $139. The volume profile shows most of the trading volume between the $137-$140 range, indicating consolidation at these levels.
Conclusion
While various factors like insider sales or short selling might have played a role, the primary driver behind the precipitous and heart-wrenching drop in Dell's stock price post-earnings seems to be the thin trading volume after hours, making the price more susceptible to sharp movements.
I am still long on NYSE:DELL , upwards of the 185+ all time high.
Omni out.
Feel free to ask any questions or provide suggestions. This is not financial advice.
AMSC Computer medium cap beats earnings LONGAMSC on the daily chart has went 3X in 7-8 months on the strength of earnings beats and
the tailwinds of the AI supertrend. I see this as an excellent swing long trade to hold into
the next earnings in 3-4 months. AMSC is currently at its ATH and going higher means no
overhead resistance.
ES Day Trading Analysis With Volume ProfileOn ES , it's nice to see a strong buying reaction at the price of 5515 and 5499.
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.
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
AUD/CHF Day Trading AnalysisOn AUD/CHF, it's nice to see a strong sell-off from the price of 0.59550. 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 downtrend combined with First VWAP standard deviation of the week are my main reasons for this short trade.
Happy trading,
Dale
Notcoin(NOT) is Ready to Go Up==>>+30%Notcoin(NOT) is moving near the Resistance zone .
In terms of Classic Technical Analysis , Notcoin(NOT) has succeeded in breaking the upper line of the Falling Wedge Pattern .
According to the Elliott wave theory , Notcoin(NOT) has successfully completed the Triple Three Correction(WXYXZ) inside the Falling Wedge Pattern.
I expect Notcoin(NOT) to at least go up(🚀➕30%🚀) after breaking the resistance zone to the upper Resistance zone .
Note: An important point you should always remember is capital management and lack of greed.
Notcoin(NOT) Analyze (NOTUSDT), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
EUR/CHF Day Trading Analysis With Volume ProfileOn EUR/CHF it's nice to see a strong sell-off from the price of 0.95950. 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 downtrend combined with the strong volume area are my main reasons for this short trade.
Happy trading,
Dale
GBP/USD Day Trading analysisOn GBP/USD, it's nice to see a strong sell-off from the price of 1.27040. 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 downtrend combined with the strong volume area along with the strong S/R area from the past are my main reasons for this short trade.
Happy trading,
Dale
BTC Prices Cannot HoldAlthough BTC is currently resting at the demand zone, there is no strength in the background to support a continuous rise. Over the past 2 days, prices inched up slightly but volume decreased significantly, which means there is no demand at the moment. New highs have failed and new lows are starting to form.
With this lacklustre reaction, now is a good time to short and see how it reacts around the 62,000 mark.