$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
VIK Viking Holdings ltd. 24hr potterboxViking holdings is trading up and out of a 24 hr potterbox also up and over the 50 day moving avg. this is all time highs for this stock so where it goes from here is ???????
I would wait for a small pullback and see if you can get in a little cheaper . but the contracts are $2.40 45 dollar call ending feb 21 Trade accordingly.
Long DELL @ 134.39-oversoldThis one is surprisingly profitable. Usually large caps aren't that great for these kinds of trades, but DELL is. On top of that, it's in a strong uptrend (up almost 200% in the last 12M), it is past earnings, and has a dividend coming up soon in case I"m stuck holding, which doesn't happen often with DELL. Additionally, it's already been oversold 2 days now and the longest it's been oversold in the last 12M has been 2 days.
Buy as long as it's oversold and sell each lot as it becomes both overbought and profitable is the plan here. Relevant stats are below.
12M Record: 15-2* (2 are from yesterday and today and not closed yet)
Including those two open trades as a 2% current loss and a zero right now-
Average trade = +6.7%
Median = +6.1%
Avg hold per lot = 6.7 trading days
Longest hold = 11 days
Largest position = 3 lots
Total 12M return = 1.02x lot size
Average return%/lot/day = +.95%
As always, this is for fun and not intended as financial advice, merely a log of my trades. Trade at your own risk. I'll post updates as I add or close lots.
MedTronic - What is your Opinion? Shall we discuss it?This time as an experiment, why don't we discuss the prospects before taking action-
HERE IS MY CONTRIBUTION - can we all collaborate ?
What Medtronic is doing right:
It looks like these guys make transplant patients nervouse, nervous to have their pace makers hacked. That has t increase liability does it not?
Proactive identification: Medtronic identified the cybersecurity vulnerability in their Paceart Optima system during routine monitoring.
Prompt reporting: The company reported the issue to the U.S. Cybersecurity & Infrastructure Security Agency (CISA).
Transparency: Medtronic issued a security bulletin and provided information about the vulnerability.
Rapid response: The company developed and released an update (v1.12) to address the vulnerability.
Customer communication: Medtronic notified healthcare organizations about the issue and provided instructions to eliminate the vulnerability.
Commitment to security: The company stated they take potential cybersecurity vulnerabilities very seriously.
Vulnerabilities:
Critical flaw in Paceart Optima system: The vulnerability (CVE-2023-31222) has a critical CVSS score of 9.8 out of 1035.
Remote code execution risk: If exploited, the vulnerability could allow unauthorized users to perform remote code execution or launch denial-of-service attacks.
Data compromise: Hackers could potentially delete, steal, or modify cardiac device data.
Network penetration: The vulnerability could be used as a gateway for further network penetration in healthcare organizations.
Legacy devices: The issue affects older versions of the software (v1.11 and earlier), highlighting the need for regular updates.
Optional feature risk: The vulnerability exists in an optional messaging feature, which if enabled, exposes the system to potential attacks.
Historical vulnerabilities: Medtronic has faced previous scrutiny for security issues in other devices, such as insulin pumps and defibrillators.
PARQ.N DailyThis chart and analysis are not financial advice. Do your own research before trading or investing.
CSELK:PARQ.N0000
What's happening in PARQ?
Fundamental Analysis:
PARQ (SwissTec Ceylon PLC) reported exceptional year-over-year (YoY) growth in Q2 of 2024, attributed to strong performance in specific segments:
Tile Mortar and Grout Segment: Consistently delivered growth in turnover and profits, showing resilience and stability.
Aluminum Segment: This segment had a substantial positive impact on quarterly and annual growth in turnover and profit. This could be due to increased demand or strategic improvements.
Given the favorable construction sector trajectory, the company’s prospects look optimistic for Q3 and Q4.
Additionally, PARQ’s dividend-paying history suggests investors may see an attractive dividend in early 2025.
Technical Analysis:
Price Action: The stock appears to be in a strong uptrend, pushing against a key resistance level around LKR 29.50. If it breaks above this level, further upside could be expected, though it might face resistance at the next Fibonacci levels.
Support Levels: There are two notable support zones: Near LKR 27.00 - 27.50, a recent consolidation zone.
Between LKR 25.00 - 26.00, which aligns with a significant Fibonacci retracement level (50%).
Moving Averages: The 30-day moving average (DMA 30) (yellow line) trends upwards, indicating short-term bullish momentum. This can act as dynamic support if the price pulls back.
Volume: Higher volume in recent upswings suggests buyer strength and institutional interest in this stock.
RSI (Relative Strength Index):
The RSI is hovering around 75.93, indicating an overbought condition. While this reflects strong momentum, it may also hint at a potential pullback or consolidation in the near term.
Summary:
Given the combination of strong fundamentals and technical indicators:
Bullish Scenario: A breakout above LKR 29.50 could signal a continuation of the uptrend. Investors could consider this a buying opportunity, though mindful of overbought RSI.
Bearish Scenario: If the stock fails to break above LKR 29.50, a retracement to the support zones around LKR 27.00 - 27.50 or LKR 25.00 - 26.00 could present potential entry points for those looking to enter at a lower price.
Lyna's - Bullish Breakout Occuring. Primed for another Leg UpLynas looking absolutely beautiful as of late. The stock has broken out of a massive downward wedge (A fair few months back now) Volume coming in nicely and the break has created some amazing looking waves to the upside.
Beautiful structure and wave development has occurred from the break, further giving confidence in this next movement/leg up.
We have a nice MACD touch/cross over occurring (very bullish) and the volume is still looking nice.
Zoomed in you can see a beautiful little triangle formed at the top of this latest consolidation area. We have a break and also a "Bump and Bounce" confirmation of the break occur.
Expecting this price to start its next leg up at this level now.
God speed and Goodluck out there Legends!
SAUDI ARAMCO : sell or take your profits but do not buy nowWe will see an important correction on Saudi Aramco TADAWUL:2222 very soon .
Sell or consider taking some of your profits or most of them to buy at cheaper price .
We will very likely drop to around 22 on this stock very soon .
PAYTM Ascending triangle PatternPaytm Daily Chart Analysis
This daily chart of ONE 97 Communications Ltd (Paytm) shows a strong uptrend with prices consistently following an ascending trendline, forming a triangle pattern with higher lows. The stock is currently testing the resistance zone around ₹780 - ₹790, which aligns with previous rejections.
Key Observations:
1. Triangle Pattern Formation: A triangle pattern is forming as the price consolidates within narrowing boundaries, indicating a possible breakout soon. The lower trendline has acted as strong support throughout this rally.
2. EMA Support: The price is trading above the 13, 48, and 200 EMA levels, signaling a bullish sentiment. These EMAs have provided reliable support, reinforcing the ongoing uptrend.
3. Volume Analysis: There is steady volume, with spikes on green days, suggesting accumulation. This volume behavior often precedes a breakout, where a significant volume increase can confirm the direction.
4. Resistance Levels: The key resistance levels to watch are ₹790 and ₹803. A breakout above these levels, especially with high volume, could push the stock into new highs.
5. Potential Scenarios:
• Bullish Breakout: If the price closes above ₹790 with strong volume, it may lead to a breakout, targeting ₹850 and higher.
• Reversal Scenario: If it fails to break ₹790 and reverses, it may retest the support around ₹748. A breakdown below this support could lead to further downside toward ₹700 or lower.
RSI: The RSI is around 59, indicating mild bullish momentum. Watch for an RSI break above 60 to confirm strength on a potential breakout.
Summary: Paytm’s price action suggests a high probability of a breakout. Traders should watch for a close above ₹790 for confirmation. Maintain caution around resistance and support levels, as a failed breakout could lead to a pullback.
Disclaimer: This analysis is for educational purposes only and should not be considered as financial or trading advice. Please conduct your own research or consult a financial advisor before making any trading decisions.
In the Genes for GH’s Path.Guardant Health is building strong bullish momentum, with a gap forming around the $21.50 level. A breakout above the $26.37 resistance would signal further upward movement, targeting the $37.05 weekly resistance. With an appealing 3.6 risk-to-reward ratio, this trade offers an attractive short-term opportunity, while a stop-loss at $19.19 ensures effective risk management.
In the longer term, Guardant Health’s bullish outlook could extend to $41.06, supported by its advancements in precision oncology and liquid biopsy technology. With growing adoption of early cancer detection and genomic testing, Guardant Health is positioned to capture increased market share as demand for cutting-edge diagnostics rises. For those with a longer-term view, holding with a $19.19 stop-loss provides an opportunity to capture potential upside while managing downside risk.
This combination of technical momentum and Guardant Health’s strong positioning in the healthcare innovation space supports a bullish push toward $37.05, with a longer-term target of $41.06.
Alliant Energy Corporation | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Active Session On Relevant Range & Elemented Probabilities;
* London(Upwards) - NYC(Downwards)
Notes On Session;
# Alliant Energy Corporation
* Triangle 1 & 2
* Retracement 1 & 2
* EMA 5
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
PINS eyes on $32.05: Golden Genesis fib trying to form "Bottom" INS trying to paint a bottom with a secondary bounce.
Currently dancing on a well proven Golden Genesis fib.
Earnings could launch form here or trap price below.
Lets see if they whisper "A.I." during earnings for a boost.
One would think Ai could do a lot with collections of photos.
Matched ads should be rolling in the revenues, IF they did it.
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Telehealth Triumph!Teladoc Health is building bullish momentum, with a gap forming around the $7.50 level. A breakout above the $10.66 resistance would signal further strength, positioning the stock to reach the $15.02 weekly resistance. This setup offers an appealing risk-to-reward ratio, with downside managed by a $7.13 stop-loss.
In the longer term, TDOC has the potential to reach $21.60, driven by the rising demand for telemedicine and digital health solutions. As healthcare increasingly moves toward virtual care, Teladoc’s innovative platform and expanding service offerings position it well for growth. With strategic partnerships and increasing adoption, Teladoc stands to capture a growing share of the telehealth market, supporting both short-term momentum and long-term value.
This combination of technical momentum and strong market fundamentals supports a bullish push toward $15.02 in the near term, with potential to reach $21.60 in the longer run.
Follow @The_Trading_Mechanic for more health check-ups on your investments!
NYSE:TDOC
QCOM eyes on $164 going into earnings: Golden Genesis fib is keyQCOM pulled back sharply into a consolidation.
Currently dancing precariously on a major support.
Earnings report can launch it or trap bulls below.
$ 164.00 - 165.72 zone is Golden Genesis + Covid fibs
$ 149.25 - 152.16 zone is Golden Covid + Genesis fibs
Losing both zones would be very bad for bulls.
Road back to the top has only solo fibs for hurdles.
IMO the odds ar that it dips to lower support below.
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Intel - Still Got Another +15% From Here!Intel ( NASDAQ:INTC ) is perfectly respecting structure:
Click chart above to see the detailed analysis👆🏻
For more than two decades, Intel has not been trading in any clear trend. We saw a lot of swings towards the upside which were eventually always followed by corrections, making Intel a very easy to trade stock. After the current retest of support, a move higher will eventually follow.
Levels to watch: $20, $27
Keep your long term vision,
Philip (BasicTrading)
GPN, some bullish signalsBullish crossover and rising lows for NYSE:GPN that is involved into this bearish trend.
Negative earnings didn't affect the price lately.
Some volume is coming.
Long IREN vs. the shorts?Today, a firm sent out a notice that they are short IREN so I'm going long. Their track record suggests going long when they say go short is a potentially very profitable short term strategy. They are often correct long-term, but sometimes a short wouldn't survive a margin call and short-term a contrarian long play can often yield 30-500%
Some of their recent calls:
Short call opening price the next day was 28.90. Peaked at over 40 within 2 weeks. Up over 30% in 2 weeks going long.
Short - rallied 7 of the next 8 trading days for a 30% gain.Re-iterated short again about a month after the first call and the close 1 month after the second one was 14% higher.
Short - you'd have made over 400% in 7 months going long against them this time. Even now, the price of the stock is 143% higher than when they made their short call. Good luck on that margin call or even the interest charges on that margin for that matter.
Short - they made this short call on the day of the absolute low close since the call. It closed up over 400% less than 6 months later and is still up over 300% since the call.
Short - stock rallied almost 500% in 4 months after this call... "Hello this is your broker, we're gonna need a LOT more money in your margin account".
There's a bunch more but I think I've made my point. They can be right long term, and still be very, VERY wrong short term. Both things can be true. If you'd have shorted some of these, many people would have been wiped out by the margin calls on some of these before you could ever make money. And you only get to get wiped out once. Shorting is VERY dangerous.
Also don't forget that margin interest runs around 8-10% now. It's "free" to go long provided you aren't using margin to buy (I never would) and very expensive to short these stocks unless you are correct right away. Anyone who knew ahead of time what they were shorting could make a pile on the day the news comes out, for sure. But WE don't know what the stocks are ahead of time. Only they do. But there's money to be made by us regulars when those shorts have to be covered during a squeeze or they take profits.
Props to them for leaving their research up on their website and Twitter and standing by their calls. If you have the margin call cash and the iron stones it takes to watch a shorted stock rise 500% before it falls, you can make money with some of their calls and you're a LOT braver (and richer) than I am. Shorting carries unlimited downside risk and a max gain of 100% (minus margin interest) - remember that.
Don't get me wrong, I respect short side research and there's a lot of validity to some of it. They are spectacularly correct sometimes and can do great things to protect buy and holders of individual stocks. But I'm not a long term owner of the company, just a trader of the stock. And after doing some research, the fact is, there's a lot of money to be made short-term by trading against them. This is the beauty of free markets - differing opinions create exploitable situations. I'm really glad I stumbled on that news flash.
And for the record, no I'm not naming the firm or the tickers they made calls on, as I don't wanna run afoul of the Tradingview's rules on using others' proprietary info, etc. I like this place too much and don't wanna get run off. You can look it all up for yourself easily enough with Google and the info I've shared here.
And btw - I'm not suggesting investing in IREN or any other stock, this is just my thoughts on the matter and what I'm going to do with the information. Please make your own WISE investment decisions.
Opening (IRA): COIN Dec 20th 80/140 Short Put Vertical... for a 4.51 credit.
Comments: High IVR/IV at 62/86.1. Another trade in the same vein as my MSTR trade (See Post Below).
Metrics:
Buying Power Effect: 55.49
Max Profit: 4.51
ROC at Max: 8.13%
50% Max: 2.26
ROC at 50% Max: 4.07%
SHOPIFY: The next Retail Stock to Take Flight! NYSE:SHOP
🚀 SHOPIFY: The Next Retail Stock to Take Flight! 100% MOVE INBOUND! 🚀
Share this so all retail investors are prepared before earnings next Tuesday!
In this video, we’ll cover:
1️⃣ Fundamental Analysis: A deep dive into Shopify using my Valuation Analyzer.
2️⃣ Massive 3-Year Cup N Handle Pattern: What this means for $SHOP.
3️⃣ High Five Setup: How Shopify meets my proven trading strategy.
You’ve seen NYSE:PLTR at ATHs, and NASDAQ:SOFI , NYSE:HIMS , and NASDAQ:TSLA pushing higher. We’re already in these trades, but staying ahead of the curve and finding the next big opportunity is key. Shopify is that next big opportunity IMO. We’re among the first to the party, and it’s not crowded… YET.
My Mission:
I aim to build a community that empowers traders to find their path and thrive. But I need your help to make this happen.
Here’s What You Can Do:
Share this post and the FREE video analysis I’ll release after the market closes on this company like wildfire. Let’s hit 1k friends and grow this community together!
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ROKU looking quite bullishPrice actually fell a bit far for my likeing.
But the Elliott-Wave structure looks promising.
Expecting a shortterm consolidation, followed by a push to the upside.
(this micro structure is very fragiele, so pls proceed with caution)
ROKU still looking quite bullishPrice actually fell a bit far for my likeing.
But the Elliott-Wave structure looks promising.
Expecting a shortterm consolidation, followed by a push to the upside.
(this micro structure is very fragiele, so pls proceed with caution)
