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Interesting!- BKKT short/long trend for the next 3 - 6 months Hello Traders, What are your thoughts on this? I believe this is my first published opinion since my 2018 subscription. This is just to get a feel of the tools available here on TradingView. Please feel free to review and let me know whether the overall range of movement is measurable. I have provided some resistance levels (higher highs and lower lows, uptrend and downtrend channels for both short and long term perspectives. There is a zone to show a potential halting/yield area and also some price labels on the side for the high/low probability, between a bearish and bullish runs. Hopefully it all makes sense. Please don’t forget to like and share your thoughts in the comments! Disclaimer: The content on this website does not constitute professional advice. The information provided in this chart is for general informational purposes only. All data and analysis are based on publicly available information and are subject to change without notice. We do not guarantee the accuracy, completeness, or reliability of the information presented. Any investment decisions made based on this information are at your own risk. Please consult with a qualified financial advisor before making any investment decisions.
NYSE:BKKT
by Starfrazer
MDB: Daily Base Breakout with Clear Risk/Reward SetupANALYSIS: MDB has formed a potential base after the December earnings gap down. Key technical factors align for a swing trade opportunity: SETUP: Base formation between 236-246 with increased volume Clear breakout level with volume confirmation Well-defined risk parameters with support at 238 ENTRY: 246 STOP: 238 (8 points risk) TARGETS: 1️⃣ 254 (1R - Initial scale) 2️⃣ 265-267 (Primary target - major resistance zone) 3️⃣ 298+ (Extended target - aggressive) TRADE MANAGEMENT: Scale 1/3 at 1R (+8), move stop to entry Scale 1/3 at primary target Trail remaining position using 4H uptrend line RISKS: Weekly downtrend still intact Unfilled earnings gap above Resistance at December consolidation zone (270-280) Always use proper position sizing and adapt the plan to your own risk management rules.
NASDAQ:MDBLong
by barseybbaadal19
AMZN Chart and TAAMZN Chart and TA: Bull flag/pennant it has formed on the 4hr and daily. If it breaks out of that to the upside with a strong volume candle, it should fill the gap at $226.67 then test the resistance levels overhead as it tries to push to $231.50 short term. Measured move if it can sustain the upside breakout would put it in that $235-$240 range. If it breaks to the downside to invalidate the bullish setup, it will test that trend line and $218.16 support confluence. If that breaks, it would short term head to $214.31 to test and potentially head back to $200 if that can't hold.
NASDAQ:AMZN
by EthicalxTrader
CAVA initiating the 5th wave?Hi there! It is my first post, so be kind :) CAVA seems to be on the verge of the fifth Elliott wave: 1. After a downward trajectory since mid-November, price bounced nicely off a support line, which also corresponds with the 0.618 Fib level of the third wave. 2. Price might also be respecting a potential weekly trendline. 3. WaveTrend positive crossover, indicating a possible reversal of the downward trend since November. 4. RSI and Stochastic emerging from the oversold territory, confirming the possible reversal of the downward trend since November. 5. Price action finds itself in a possible falling wedge, which should be bullish. Target: at least the 3rd wave level. Stop loss: just under the support line. Any comments or suggestions? Thanks!
NYSE:CAVALong
by Lova3000
BL Kashyap (BLKASHYAP) - Bullish Potential at Support Level"We're looking at BL Kashyap (BLKASHYAP) on a daily chart. The stock is showing signs of being undervalued and is currently at a significant support level. Entry: ₹81.09, near the support trendline and moving averages. Take Profit: ₹139.41, where the next resistance level lies. Stop Loss: ₹66.77, below the support to manage risk. Risk-Reward Ratio: 1:4, making this trade potentially lucrative with a good reward compared to the risk. Technical indicators support this trade idea: The price is currently on the support level. The overall trend indicates a bullish potential. Moving averages provide dynamic support. This setup offers a favorable risk-reward ratio and aligns with our technical analysis, suggesting this as a good entry point for a long position. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Please conduct your own research and consult with a financial advisor before making any trading decisions.
NSE:BLKASHYAPLong
by prince13amit
$MSTR appears to have broken the downtrendStill not 100% confirmed yet. Price action dipped into the gap, although i would have liked to of seen a bit more time ~$275 to confirm That would have shown a strong bounce off the .618 Fib as well, so I’m still bit skeptical. It is very good that MSTR had a full 50% retracement tho from this move up. I’m expecting it to range sideways at least for a few more days to confirm. Volume has flipped bullish to suggest a trend reversal. RSI fully reset to beginning of move. Price closed above the EMA 9 & 21. EMA 9 still has not crossed 21, so more hesitation. Bulls need to step up BIG here for the Weekly Close.
NASDAQ:MSTRLong
by jonnieking
2
Albemarle Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Albemarle Stock Quote - Double Formation * 146.00 USD | Completed Survey * 012345 | Wave Count Entry Bias | Subdivision 1 - Triple Formation * ((Pennant Structure)) | Downtrend Continuation | Subdivision 2 * Numbered Retracement | Short Set Up | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
CAPITALCOM:ALBShort
by TradePolitics
3
Ascending Triangle Breakout - New 52 Week High InboundNVDA price action continues to be bullish and is shaping up to form an ascending triangle pattern straight out of the book. We can see from the pink trend line that price action continues to make higher highs and higher lows and we can see that we are potentially running out of room. We can see here on the daily that the candle closed very bullish at a daily resistance level of $145.26 and had enough power to punch through the previously resistance at $139.56. If price fails to break $145.26, the former resistance at $139.26 will now become support and we can see, looking left, that this scenario has been playing out time and time again. If price goes and retests $139.56, I think that would give it enough power to break and close above $145.26 and very shortly thereafter, break and close above the all time high of $152.89.
NASDAQ:NVDALong
by windycitytraderphoenix
Ataka stock forecastThe price is moving in a price channel and touching the lower edge of the channel more than once. An upward movement has started to appear since 8/25 with a clear movement from level 3.5 to level 4.5. The price moved up with high positive trading volumes, reaching a unique level in its history of 5.86, approaching the top of the price channel, the highest point of which is approximately 6.45 summary If the correction continues, the stock will fall to 4.85, and if it is broken, it will fall to the next level, 4.55. This is a somewhat unlikely scenario. It is likely that after the correction wave ends with positive liquidity entering the stock, it will reach the 5.83 level and break through it. This is likely in the event of positive news after the Ezz Steel stock session during the current month of January. Beware of breaking the 4.5 level. Technical indicators indicate an expected rise, so it is preferable to buy after the next session or two until we see the end of the correction wave. Good luck everyone
EGX:ATQALong
by osamaazeezblal
2
South Indian Bank Breakout from Descending Channel – Bullish SetSouth Indian Bank Breakout from Descending Channel – Bullish Setup 4/1/24 Daily/Weekly Analysis SOUTHBANK has recently broken out of a descending channel, suggesting a potential bullish reversal. The stock is trading near ₹26.96, with strong support at ₹24.34. Technical indicators point to a bullish and undervalued scenario. Key Levels: Buy Entry: Around ₹26.96, with a stop-loss below ₹24.34 to manage risk. First Target: ₹36.89, near the next major resistance. Second Target: ₹40.70, for an extended target if the bullish trend continues. Technical Setup: Support: The ₹24.34 level has been tested and held, indicating strong support. Breakout: The breakout from the descending channel suggests further upside potential. Risk-Reward: The stop-loss placement below ₹24.34 provides a good risk-reward ratio for this trade. This setup offers a favorable swing trade opportunity with a clear breakout and strong support levels in place. Watching price action around resistance levels will be key for managing the trade. Disclaimer: This analysis is for informational purposes only and should not be considered as investment advice. Trading in the stock market involves risks, and it is important to conduct your own research or consult with a financial advisor before making investment decisions. Past performance is not indicative of future results. Always trade with risk management strategies in place.
NSE:SOUTHBANKLong
by prince13amit
Cholamandalam Finance Near Key Support – Bullish Reversal SetupCholamandalam Finance Near Key Support – Bullish Reversal Setup 4/1/24 Daily/Weekly Analysis CHOLAHLDNG is currently trading near a strong support zone of around ₹1,309.30, reinforced by a diagonal support trendline. Technical indicators suggest the stock is bullish and undervalued, with TradingView scans supporting this view. Key Levels: Buy Entry: Around ₹1,552.75, with a stop-loss below ₹1,309.30 to manage risk. First Target: ₹2,154.95, where the price may encounter resistance. Second Target: ₹2,363.50, for extended gains if the uptrend continues. Technical Setup: Support: The ₹1,309.30 level has been strong support, confirmed by multiple touchpoints. Trendline Analysis: The price is maintaining a bullish channel, suggesting a potential continuation. Risk-Reward: The stop-loss at ₹1,309.30 limits downside risk, while the upside targets provide a favourable reward. This setup offers a promising swing trade opportunity, with strong support levels and potential for upward movement. Monitoring price action near resistance levels will be crucial. Disclaimer: This analysis is for informational purposes only and should not be considered as investment advice. Trading in the stock market involves risks, and it is important to conduct your own research or consult with a financial advisor before making investment decisions. Past performance is not indicative of future results. Always trade with risk management strategies in place.
NSE:CHOLAHLDNGLong
by prince13amit