After a strong rally toward SAR 42, Abo Moati has pulled back and is now stabilizing near SAR 38 — a key pivot zone that previously acted as both support and resistance.
We may be looking at a bullish continuation, as the price is attempting to form a higher low. A clean bounce from this zone could offer a favorable risk/reward setup for swing traders.
📊...
The stock bounced from a strong support around 14.30 after a steep decline.
Currently testing 14.90 as a key breakout level.
If it holds, targets are set at 15.60 and 16.20, with a stop loss below 14.30.
If it fails, next support lies around 13.70.
Short-term analysis on the 4H timeframe.
Gold just broke into all-time highs above $3,000, and everyone’s celebrating… but that might be exactly the problem.
This kind of vertical rally after a long grind could be setting up for a classic fakeout or blow-off top. Price is going parabolic, and when that happens, gravity usually follows.
📉 Why I’m Eyeing a Short:
Price is extended far from key moving...
here’s the setup on Lucid (LCID). The stock had a nice pop after the Morgan Stanley upgrade, but let’s be real—it’s still bleeding cash with no real turnaround yet.
📉 Why I’m Looking to Short:
LCID ran into resistance (check the chart) and failed to break through.
If it drops below support, we could see a solid move down.
The company is still burning money,...
in the incoming days we might see BTC visiting the 32000 area again.
since many retail trader think it will go down " usually doesn't" i think we will get a relief rally.
do not follow me :)
