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Salesforce Set to Soar: Here’s Why!NYSE:CRM Salesforce Set to Soar: Here’s Why! Salesforce is primed for a major move higher, and here’s why: 1️⃣ #HIGHFIVESETUP: Our proven trading strategy signals bullish trends. 2️⃣ Bull Flag Breakout: Already breaking out, heading toward the next key point. 3️⃣ Massive 3-Year Cup-and-Handle Pattern: NYSE:CRM is on the verge of a significant breakout. 4️⃣ Impressive FCF Growth: Driving higher margins and profitability. 🎯 Price Targets: First Price Target: $383 (Aug 2025) Second Price Target: $500 (2028) What do you think of this trade setup? Are you adding it to your watchlist? NFA #trading #QQQ #SPY
NYSE:CRMLong
by RonnieV29
Potential Correction Ahead for Waaree Energies Ltd After Strong Analysis: 1.Price Surge and Overextension: Waaree Energies Ltd has witnessed a sharp upward move, pushing prices significantly higher in a short period. This steep ascent could indicate an overextension, making the stock vulnerable to a pullback or consolidation phase. 2.Resistance Levels: Immediate resistance is observed around the 3,600 level, with another support/resistance flip level near 3,300. Price nearing these levels might trigger profit-taking or selling pressure from short-term traders. 3.Overbought RSI Indicator: The RSI is currently in overbought territory, signaling an overvalued condition. Historically, an RSI above 70 often suggests a cooling-off period might be near, as buying momentum may slow down. 4.Volume Insights: The recent price rally has been accompanied by high volume, which validates the strength of the trend. However, any decrease in volume while the price stays elevated could indicate waning buying interest, strengthening the case for a correction. Conclusion: Given the steep rise, overbought RSI, and proximity to resistance, caution is advised. A healthy correction could provide better entry opportunities. Monitor for potential reversal signals and volume changes to gauge the sustainability of this trend. Trade Idea: Consider waiting for confirmation of a pullback or consolidation before entering new positions. Key support areas for potential retracement include 3,300, 2,625, and 2,280.
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by AngshumanSaikia
Tech Mahindra - Long Setup (Swing Trade)Tech Mahindra has confirmed a breakout above the entry zone, setting up for a potential swing trade. Here’s the trade setup: Entry Price: 1654.85 (Confirmed after the 15-minute candle broke above the entry zone at 1640.25 ) Target: 1785.05 Stop Loss: 1567.85 (Stop loss will be triggered if a daily candle closes below this level) With the entry price confirmed at 1654.85 , the setup offers a favorable risk-to-reward ratio. The stock is targeting a move toward 1785.05 , with a well-defined stop loss at 1567.85 for risk management. Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
NSE:TECHMLong
by gupshupblog
The 3 New Rules For Trading Nvidia StockIts been a long night i really feel the night was very long and tiring. I had a cup of coffee around 17 hours Almost before the sunset. I knew I should not drink coffee near The sunset its a bad habit of mine. I was trying to convince myself that by the time When the market closes I will have enough energy to sleep Of course, I will do a little exercise before bedtime to help With insomnia. Watching the financial market can be a stress especially if you are doing it full-time like myself. But with a system things become easier The only challenge is in the beginning because you have to develop this mindset of always studying the market And then finally once you know the market you seem not to want to stop This is why I have developed the 3 rules for trading NASDAQ:NVDA Rule 1:The price has to be above the 50 ma Rule 2:The price has to be above the 200 ma Rule 3:The price should gap up in a trend Now I do love dip-buying stock prices but sometimes you need a strategy that can adapt to the market this strategy is called the rocket booster it will help you adapt to any market like seriously any market This is the basis strategy for beginners and experts To learn more Rocket boost this content Disclaimer: Trading is risky you will lose money whether you like it or not Please learn risk management and profit-taking strategies, Because you will lose money whether you like it or not.
NASDAQ:NVDALong
by lubosi
GOOGLE: Where are they going after earnings? Let's talk about itWHERE WILL GOOGLE GO AFTER THEY REPORT EARNINGS ON TUESDAY?! NASDAQ:GOOG NASDAQ:GOOGL In this video, we will review 3 key items that give us the best probability of predicting where they will go. 1⃣ See if it meets my "High Five Setup" trade strategy 2⃣ Why it's BUY according to my Valuation Metric Tool (6/6 score) I WANT A DIP! 3⃣ Look aHEAD to find out 👇 Video analysis 4/5. Stay tuned!🔔 Like ❤️ Follow 🤳 Share 🔂 Is this MAG7 name finally going to play catchup to its siblings? Drop a comment below. Not financial advice.
NASDAQ:GOOGLong
by RonnieV29
4
Is PLTR Ready for Continued Upside After Today's Bullish Run?Overview of PLTR’s Bullish Momentum on November 5, 2024 PLTR surged today, moving from around the $42 level to over $51, marking a significant rally. This move may have been driven by market sentiment, favorable earnings, or news developments, as such strong momentum often aligns with external catalysts. Technical Analysis and Key Levels 1. Price Action Overview Current Price: PLTR is trading at approximately $51.10 after reaching a high of $51.58 during today's session. Volume Spike: Noticeable volume accompanies this bullish move, indicating strong buying interest. However, high volume in a single session could either signal continuation or a peak if buyers exhaust. EMA Support: Shorter-term EMAs (10 and 20) are tracking closely with the price, suggesting solid intraday support at the $47-$48 range, which may act as a first level of support in case of a pullback. 2. Support and Resistance Levels Immediate Support: $48–$47. This area aligns with intraday EMAs and could serve as the first line of support if profit-taking or a pullback occurs. Primary Resistance: $51.60-$52. Breaking above this range could signal further gains and a continuation of the bullish trend, especially if accompanied by volume. Upper Resistance: Around $55. If the momentum continues, $55 could become the next target level based on recent highs and round number psychology. 3. MACD and Volume Indicators The MACD shows bullish momentum with a recent crossover, confirming upward direction. However, the MACD could turn neutral if volume drops significantly, as profit-taking often follows a sharp increase. Volume today was above average, but observing volume during tomorrow's session will be critical. If volume remains elevated, it may indicate continued interest; a sharp decline in volume could suggest a cooling period. Suggested Trading Strategy for After a First-Day Bull Run A. Intraday Strategy for Possible Continuation Entry: Consider buying on a breakout above $51.60 if the price moves upward with strong volume, aiming for a target near $55. Stop Loss: Place a stop around $48 to minimize losses if the breakout fails. Target: Look for a potential move toward $55 if momentum sustains. B. Profit-Taking or Retracement Play If PLTR opens lower and fails to reclaim today’s high, a pullback to $47 or even $45 could offer an entry point for those looking to trade on dips. Look for consolidation in the $48-$50 range to build a position if PLTR holds support. This could provide an opportunity for a secondary move upward as buyers re-enter. C. Swing Trade or Short-Term Hold If the bullish momentum continues, holding PLTR for a few days may be profitable. However, a tight trailing stop near recent support levels can help protect gains if the rally fades. After the first-day surge, be cautious of a potential pullback, especially if volume diminishes. Moving stops to breakeven after a profitable move can help lock in gains. Summary and Directional Outlook PLTR’s strong performance today suggests bullish sentiment, with potential for further upside if momentum holds. Breaking above $51.60 with volume could lead to a continuation toward $55. However, if profit-taking sets in, support levels near $48 and $45 may provide dip-buying opportunities. Traders should keep a close eye on volume and price action to gauge the strength of the move in the coming sessions. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Please conduct your own research or consult with a financial advisor before making trading decisions.
NYSE:PLTR
by BullBear-Insights
GOOGL Intraday Trading – Key Levels for November 6, 20241. Price Action and Trend Overview GOOGL has been consolidating around the $170 level after a recent decline from the high around $182. Price action is exhibiting a period of low volatility, hovering near the trendline support, which may act as a springboard if demand increases. The EMA lines are relatively flat, indicating indecision in the current price range, but a breakout above or below the consolidation could signal the next directional move. 2. Support and Resistance Levels Immediate Support: $168, a level where price has been stabilizing recently. Primary Resistance: $175, aligning with prior highs and a minor supply zone. Breaching this level may lead to further gains. Upper Resistance: Around $182. This is a more significant resistance level where GOOGL recently topped out before the pullback. 3. MACD and Volume Analysis The MACD on the 1-hour chart is starting to show a bullish crossover, hinting at potential upward momentum if confirmed by price action. Volume has been relatively low, reflecting the consolidation phase. Watch for an increase in volume as an early sign of potential breakout strength in either direction. 4. Entry and Exit Points for Scalping/Intraday Bullish Entry: Consider a long position if GOOGL breaks above $175 with strong volume, aiming for a move toward $178-$182. Bearish Entry: If GOOGL fails to break $175 and shows rejection at that level, a short position with a target toward $168 support could be considered. Stop Loss: For long positions, place a stop below $168. For short positions, consider a stop above $175. 5. Suggested Directional Bias Neutral to Bullish Bias: Given the current consolidation near support, there may be potential for an upward breakout if $175 resistance is cleared. However, a failure to break $175 could maintain the consolidation or lead to a bearish move back to $168. Bearish Scenario: If $168 fails as support, GOOGL may slide further towards $161, which is the recent low and could act as a secondary support. Summary GOOGL is in a consolidation phase near the $170 level, with a potential for upward movement if resistance at $175 is broken. Volume and MACD movements will be critical in confirming any directional move, and key levels should guide entries and exits for scalping and intraday strategies. Disclaimer: This analysis is for informational purposes only and not financial advice. Please conduct your own due diligence and consider consulting a financial advisor before trading.
NASDAQ:GOOGL
by BullBear-Insights
TSLA Intraday Trading – Key Levels for Nov. 6, 20241. Price Action and Trend Overview TSLA has recently shown a breakout from a descending trendline, supported by increasing volume, indicating a potential trend reversal. The current price around $258 is approaching a minor resistance zone near $260, which aligns with previous highs and a supply zone. The recent bullish momentum above the EMA lines on the 1-hour chart strengthens the case for a continued upward move, provided it sustains above key support levels. 2. Support and Resistance Levels Immediate Support: $253, where the price found a base recently and consolidated before moving higher. Primary Resistance: $260.98. If this level is breached, the next target may be $273.5. Additional Resistance: Above $273.5, a further push could reach $280, though this level may act as a strong resistance given recent rejection points. 3. MACD and Volume Analysis The MACD on the 1-hour chart is in bullish territory, with a recent crossover suggesting upward momentum. Volume during the breakout is higher than average, confirming buying interest at current levels. Watch for sustained volume to confirm any move above $260. 4. Entry and Exit Points for Scalping/Intraday Bullish Entry: Consider a long position if TSLA breaks above $261 with volume confirmation, aiming for $265-$273 as potential profit targets. Bearish Entry: If TSLA fails to break $260 and shows signs of rejection, consider a short entry with a target back to the $253 support level. Stop Loss: For long trades, place a stop slightly below $253 to manage risk in case of a reversal. For short trades, consider a stop above $262 to protect against a breakout. 5. Suggested Directional Bias Bullish Bias: Given the current breakout and positive momentum indicators, the bias leans bullish, especially if TSLA maintains above $253. A sustained move above $260 could confirm further bullish momentum. Bearish Scenario: If rejection occurs at $260, the bearish target would likely be back towards $253 or lower, depending on market sentiment. Summary TSLA is showing bullish signs with the potential for continuation above $260. Watch for volume confirmation and key support/resistance levels to guide intraday entries and exits. Disclaimer This analysis is for educational purposes only and should not be construed as financial advice. Please conduct your own research and consider consulting with a financial advisor before making any trading decisions.
NASDAQ:TSLA
by BullBear-Insights
$VKTX is about to FEAST! Don't miss out on this BioTech trade. 🚀 Here it is: Your Free Saturday Setup! 🚀 Just as promised, here is a detailed video analysis on NASDAQ:VKTX Viking Therapeutics! 🧬 This trade meets all the criteria of my "High Five Setup" trading strategy, backed by solid technical analysis. Also, it has the potential to return over 100% on your capital deployed. With more probabilities on our side, the likelihood of success is through the roof! 📈💥 Check it out, and let’s ride this wave together! 🌊 Stay tuned for more insights! 🔔 NFA #Trading #StockMarket #Biotech #Investing #HighFiveSetup
NASDAQ:VKTXLong
by RonnieV29
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