IREN Limited (IREN) is setting up for a potential breakout, with the price holding above key support at $11.80 and strong bullish signals on both the daily and hourly charts. Bollinger Bands are tightening on the daily, hinting at an explosive move, while volume spikes and EMA alignment on the hourly suggest upward momentum. Watch for a breakout above $12, with...
LUNR is showing a strong recovery after bouncing off the $16.50 support zone, with buyers stepping in to defend the level. The price is currently consolidating near $17.50, and a breakout above $18.50 could signal bullish momentum toward the $19.50–$20 resistance zone by tomorrow. However, if $17.50 fails to hold, the price may retest the $16.50–$17 area, which...
DJT (Trump Media & Technology Group) is showing strong bullish momentum this week, breaking through key resistance levels around $36 with high volume and confirming a potential continuation toward the $45 target. The weekly chart highlights expanding Bollinger Bands and solid price action, while the hourly chart shows bullish EMA alignment and strong momentum,...
- Showing some strength on the pre market, RIOT is bullish above 12.30. - while I am not expecting the move to be bigger than 12.50 on the day, keeping with momentum, we can see it at 13.70 by next week. - a larger move to 14.20-15 may still on be on the table. - Trade is risk off bellow 11.60.
- 32.87 is a key support area, breaching it and chances of CHWY poking the 39 this month is weak. - look for 35 call this week with profit target around 36. - On a monthly time frame this can go to 39, but thats all depend on keeping with this bullish momentum. - Resistance are likely around 34.49, 36.72 and 39.56
- while the weekly chart seems a bit overbought, WBD still has strength and room for a probability of reaching 10.60 by next week and a possible 11.70 by the end of the month. - 9.50-9.40 is a good place to enter. - profit target is 10.60/11.70 - trade is invalid bellow 9 - For call options, use 29 Nov. expiry
AI showed a lot of strength in the last month and the momentum is still on. 30 area is a probability of where AI can reach this month. - For buying options especially OTM look for the 29th expiry or later better.
- For a ticker like HRHO with all its outstanding shares to be holding like that may be signaling a continuation to the upside towards ATH. - trade it on a breakout or buy it now with a clear risk defined. - Im being asked to give a price to where it will go but I lost my crystal ball. - Size according to your risk tolerance, there is no certainty in trading.
- While the whole market is trending with no questions asked, ECAP is still hanging where a great R:R exists. - But, it in fact went up a lot from high 18 to high 23.
- A beaten down ticker is not that attractive until the market says so. - it is still hanging around a good entry area. - the upside short term may be limited to 0.50 to 1 pound of gain (aka 7). However OBRI has a history of being highly volatile, do we get that during the coming months?
- Consolidation after an impulsive move with a resistance around 3.08 - Breakout from this level can send it to 3.20 - 3.30 (3.40 or higher if the market keeps its momentum) - find a good entry and set a stoploss with a good R:R. -Size only to your comfort level because its all mere probability.
- Probably the best looking chart at the moment in the market. - market needs to be bullish for this trade to work. - its hanging now around a good R:R. - We have a gap on the monthly around the 16.40. Once we break the 14 area, we may get an impulsive move towards the gap.
- ONLY if all stars are aligned. - Resistance @ 75.70- 76.40, if the market is able to breakout these levels, high probability that CIB will at least poke 78.70. - Day trading is highly risky, risk only what you can afford to lose. - Bearish market cancels the trade.
- EGX100 is down around 27% from its high. - Today it hit a very important level, the 200 day MA which was tested before on March 2023, and also if we measure the fib level, we find that it retraced to a 50% level. - This also occurs while EGX30 hitting its 200 day MA as well. - Now we can never know for sure if this bottom or not, but we can be prepared for...
- Market keeps rejecting 10800 level. and sellers seem to be taking control. - A lot of stocks already into bearish setups. - Noone can ever predict the price accurately all the time so Im going to keep it simple. * Bellow 9800 market is a risk off. with a handful of tickers can hold their levels. * wait for bullish reversal confirmation before entering any...
- Finally after the market shook off all the prophets of doom who were calling for a market correction the bullish trend is continuing its course. - OIH is highly liquid stock but the chart seems to be setting for a revisit of the ATH. - Entry area is the current range. - There is a good R:R so no need to have a tight stoploss.
- I am buying above 7.20 - chart is a bit overextended on the monthly, so I am not expecting a larger move, but I am still considering it. - I see potential for 7.70s/8/ 8.60 (maybe). - Let's bank.
- High probability moving average bounce on RREI - Just dont marry it, and aim for 1.5-2rs profit on it. - I see the good entry around 1.460s. - no need for a wider risk as it may mess a good R:R