shivam94_007

shivam94_007 Updated 

A beautiful, self explainatory chart. I have started a long position based on this weekly trendline (orange) being hit with high velocity, expecting a decent bounce. Disclaimer : Educational idea only. Not a financial advice. Consult your CFA for financial advice.

shivam94_007

If the Head and shoulders pattern plays out by making the right shoulder, we may see 310$ on ethereum play out. Let's see in the coming weeks/months when we breakdown the neckline

shivam94_007 Updated 

Long term bull trend from 2015 end. Gold in major consolidation from 2020. Two ways it can go to new ATH. This is nullified if we confirm below the purple trend line in charts from 2016

shivam94_007 Updated 

NASDAQ:NFLX has already dropped from ATH of 6xx $ to 17x$. Paramount looks next. On charts we see a technical head and shoulder (HS) in play. The breakdown has started. Wait for confirmation by retouch on the neckline of the HS pattern before shorting (green flag). Any confirmed close above the neckline voids the HS pattern and this analysis. Target is...

shivam94_007 Updated 

Based on fundamentals, 1. Recession scare may cause FED to stop hiking interest rates rapidly which has negative effect on Dollar. 2. US 10 Year Bond Yields (US10Y) have also topped out in near term.. Based on technical patterns, we see 1. Double top with negative RSI divergence. See BTCUSD idea which brought bitcoin from 69000$ to 30000$ in related idea linked...

shivam94_007 Updated 

We have a very high confluence of support zones, trend lines and bottoming Tail pattern at current levels in AMD which indicate a very high probability of short term reversal potentially upto 95$, which is the gap fill area in our charts. SL is confirmation below 78$

shivam94_007 Updated 

Charts tell us always the probabilities and the charts are telling us now that short term low of BTC has been formed after touching the previous cycle's ATH around 18000$. Inverse head and shoulders pattern breakout has occured. Positive divergence of RSI Overall, this makes the probabilities of a rally very high. SL in BTC should be the confirmation below the...

shivam94_007 Updated 

CME_MINI:NQ1! Nasdaq hit weekly support around 11100 $ . *** denotes the following conditions, following its completion, we can expect a rally back to 12100$. .. - Completion of head and shoulders pattern. - We also see positive RSI divergence on the charts along with tag of a weekly demand level, so the probabilities of short term reversal are high. To...

shivam94_007 Updated 

Square owns a large amount of BTC. The BTC short term relief rally could possibly drive Square up by 20% as well. In addition we have a cup and handle pattern in the making in 1h chart. Also, a positive divergence on RSI as well SL : confirmed close below 58$ nullifies this thesis Target 1 : 68.40$ Target 2 : 71.80$

shivam94_007

Recession is on the cards. China is locked down due to covid. TSLA earnings gonna take a pitfall because of it. -25% highly probable in next 3 months. But before that, - the current support around 620$ needs to be broken, - move to 550$ and a retest of 620$ resistance. SL is confirming above 620$ level. - If above two conditions are satisfied, it's a...

shivam94_007 Updated 

With incredible QOQ results (68% improvement QOQ), the recent acquisition of ExOne (which is the main reason for stock's decline due to dispute in stock compensation of ExOne's shareholders) and now Aidro, which has been 3D printing hydraulic-related parts, the fundamentals of this growth stock look pretty strong, while the share price is near its all-time low. ...

shivam94_007 Updated 

As the title says, DNMR hit top of descending wedge the second time and confirmed the top after the fall from resistance. Looks good to short. Disclosure : Not a financial advice. Just analysing charts. I don't hold any positions in this stock yet

shivam94_007 Updated 

Despite tailwinds for Cannabis legalisation in US, the technical chart of TCNNF shows potential retest of 14.5$ region in the near term. This could be a good position for a long swing trade. Disclaimer : Educational idea and not a financial advice. I own long positions in TCNNF and will add on dip around 13.5 to 14.5$ if it goes there.

shivam94_007 Updated 

Great bounce from 92$ supply zone. Potential to test the red resistance line around 100$. Also gap down around 100$ will act like a magnet for price action to fill the gap. Based on the reaction on the red resistance line, we can either confirm the head and shoulders pattern over medium and long term which will be bearish if true. Disclaimer : Educational...

shivam94_007 Updated 

A weekly chart on BTCUSD filtering out the noise. Clearly you can see the difference between first touch and bull flag (descending channel) followed by breakout to test ATH before touching 33k and now forming bear flag (ascending channel). This is a sign of upcoming downwave in BTC in the upcoming months if the price action breaks out of the channel downwards. ...

shivam94_007

As per the current macro economic conditions, Europe is surely going to a recession. The charts are also showing us a potential Head and Shoulders in the making for the German index. Keep an eye out for the neckline... If it breaks the neckline and confirms below, we are going to see a huge erosion of wealth...

shivam94_007 Updated 

Potential head and shoulders with target around 20.5k. SL is the low of the head.

shivam94_007 Updated 

Beaten down from Rs 4200, we hit demand level of Rs 2800. We should see a short term bounce to test the 200 Day SMA and previous support of Rs 3550. SL of Rs 2775 with Target 1 at Rs 3400 and Target 2 at Rs 3500 presents a nice risk to reward ratio of around 2.5:1 from current level of Rs 2971. Long term, in next 8 months to a year, I see Mindtree heading to...