CHGG’s sell-off has been brutal, a direct consequence of AI disruption. The future remains uncertain despite the company’s efforts, including share buybacks, the introduction of AI tools, and major restructuring initiatives. From a technical perspective, the charts present an opportunity to long CHGG at $2.40–$3.70, with a stop loss at $1.70. This setup offers a...
I am taking a short entry at 21,180. I know I have headwind since it's against the momentum. I have set my stop loss at 21,420 & target at 20,300 providing me a good RR. Risking 0.75% of Capital. Equities are overvalued, especially tech. Im looking for a reversal from the upper Wedge pattern and for the price to fill-in the previous imbalances.
Looking to long GBP/USD. Headwind due to bearish trend but i see it reversing from here next week. Please refer the chart for respective Stop Loss and Take Profits.
Looks fundamentally strong and appears to have bottomed out.
NVDA could fall below 130 in the next few weeks. Not placing a trade.
All technical indicators indicate that BIL will once again reach double digits this year. BIL reached an all-time high of LKR 19.2 in the December 2021 bull run, only to later retrace by 80% to LKR 3.9 in April 2022. BIL appears to have consolidated between LKR 8.2 (0.618 Fib Retracement) and LKR 5.2 (0.786 Fib Retracement) in the subsequent 24 months. EMA -...