KUMBA IRON ORE (KIO)KUMBA IRON ORE (KIO) - WEEKLY CHART ANALYSIS
KIO is currently hovering around a strong support zone, which aligns closely with the levels we saw back in September/October 2022 when China introduced additional stimulus measures following the May and August rounds. This support has held firm since April 2020, making it a key area to watch.
Looking at the RSI, in 2022, we saw a downtrend break on the RSI, which triggered a significant 60% price move over the next 105 days. Currently, the RSI is teasing a similar scenario, testing the downtrend line. A break above it, combined with potential stimulus from China, could signal a similar rally. Keep an eye on this zone for a potential bullish move
DELL eyes on $116.01: Golden sister of the Golden topperPlotted here is the "Genesis Squence" for this asset.
It is a Fibonacci series originating from its "Birth".
Each level is relevant, especially the "Golden" ones.
The top was announced by a loud "Ping" on the Golden.
Like from "Give me a ping Vasily, one Ping only please".
A ricochet so violent that one could almost HEAR it.
Now we are tickling the Godlen sister of our topper.
She has recenlty proven her strength with rejections.
Another rejection could mark "lower high" for a while.
Click below for a SINGLE-PANE version of this plot (so you can make a copy):
See previous analysis below under "Related Publications".
BKNG golden fibBKGN has rather quickly hit the golden fib, a rejection candle arises. The stochastic and daily RSI are overheated. I expect a pullback to 4160. This would be healthy for future reasonable growth. Volume is also falling on average. The 5 EMA is also vert far from current price, the stock needs to revisit. I have seen many a titan reject at the golden ratio including QQQ and SPX recently.
CRWD eyes on $306.52: Golden Genesis sister of our last bouncer CRWD recovering from its update disaster.
Currently orbiting a Golden Genesis fib.
Its sister Ping'd the bottom of the crash.
$306.92 is the exact price of interest.
Break-and-Retest would be a long signal.
Test-and-Reject would be a short signal.
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NIOThis is the chart against the Index.
On the left side of the chart you see the strong rally. If you are trying, like me, to catch the likely power trend with NIO, just keep patience. Has to break the key level and catch up the WMA5. If it goes, it should be easy, as the trend will bring you to the upside of the structure.
Will see.
Trade safe
SHAKWeekly scale. Into my watchlist.
I am waiting for the retest of the broken horizontal level to enter.
Don't chase the stock. Even, as many charts prove, the best breakouts do not provide the opportunity for the second entry at a retest of the level, I prefer to see the retest and the confirmation / a tighter stop loss.
Trade safe
PG Weekly ChartPositives- Candlestick resting on 50 EMA, Resting on key support level, bottom of and upward parallel channel possible cycle up
Negatives- minor downward trend, with bearish candles, election week
GE weekly ChartPositives- Candlestick resting on 21 EMA, Resting on key support level, bottom of and upward parallel channel possible cycle up
Negatives- minor downward trend, with bearish candles, election week
Trade Idea -- Starbucks Corporation (SBUX)SBUX is testing a significant resistance level, as illustrated by the horizontal consolidation pattern in the chart. A breakout above this level could suggest the start of an upward trend, especially if volume picks up. Watching the stock’s interaction with the moving averages and Bollinger Bands will be crucial in assessing the strength and sustainability of any potential breakout.
Favoring BullsBullish Points:
Bullish Divergence on Weekly TF.
Inverted H&S Pattern.
Slightly Bullish on Daily TF.
No Bearish Divergence.
Volcon is garbage IMOBUT is it ready for an injection of money??
I have very little and will add to the position as we continue do drop in a negative progressive strategy(works well in black jack and in trading for me over the years).
NOT FINANCIAL ADVICE!!!
DKS eyes on $212 for KEY support: break could end Bull RunRetail stocks have been flying to record highs.
DKS is retesting a Major zone as possible support.
Strong bull bounces here, or we risk much deeper.
$ 212.03 - 210.66 is the strongest support for some distance.
$ 238.70 - 242.55 is the nearest significant resistance above.
$ 132.21 - 135.32 is next major support with minors between.
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OLECTRA Greentech positionalcoiling on weekly
volume decreases during consolidation
Sales increasing QOQ
very less overhead supply
base on base.
rising 40 EMA
waiting for BO with good volume and RS for entry
META eyes on $568 then 564 for shallow retrace targets META hit a Genesis fib at $600 and is retracing.
Ideal dip would be to the red 4.236 at $568.25
Deeper retrace and must-hold fib is at $564.27
Those levels assume a shallow correction.
If it goes deeper than we will recalculate.
But if strong bull, then it will be shallow.
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Capacite for long periods As we can clearly see a cup and handal pattan in the stock after brake out of the cup we can hold the stock for 1 year for big profit
Ireda for swingAfter long Consolidation the stock is ready to move upward after braking down trand to up trand we can take trade for 45 %profit
The result of the company is very good
PLTR heads up at $40.39: look for Pullback or Break-n-RetestPLTR has been climbing fast.
Now at a key resistance zone.
Likely to get a pullback here.
$ 40.39 - 41.19 is the exact resistance.
$ 36.00 - 37.08 is a strong support zone.
$ 43.11 - 43.73 is next resistance above.
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