hi traders Let's have a look at SONY on a 1D time frame. The price has been ranging. Well-developed bearish divergences are present. Either it will roll down from where it's now or it will give us a push towards the key resistance (top of the range). The speculative set-up is shown on the chart. The strategy is to short close to the key resistance and exit...
GOOGL is trading in ascending broadening wedges. Potential entry right now close to the upsloping support. Take profit at around 190 and the final target at 237$. Stop loss; 145$
hi traders, CBOE short position. RISK-REWARD ratio: 5,27 The strategy is to enter the short position at the resistance. Entry: 215,58 Target: 205 Stop loss: 217,62
The trade signal for ZIM Integrated Shipping Services suggests a short position at $23.57, targeting $19.43 with a stop-loss at $24.61. The resistance at $23.59 has been tested multiple times, making it a strong reversal point. The target is set just above the $16.99 support level to capture profits without risking a full drop, while the risk-reward ratio of 3.94...
W.R. Berkley (WRB) is an undervalued stock in the insurance sector, with strong fundamentals and positive earnings outlook, making it a potential buy, especially after the recent dip in price. A long position with a price target of $61.24 looks attractive, but setting a tight stop-loss around $50 is cautious to manage downside risk if the broader market remains...
hi Traders, We're analyzing the DOTUSDT Daily chart, and the price is now at $4.30 and has formed a falling wedge formation. If the price breaks out of the falling wedge , entering the long position will be justified. The technical target for this move is around $6.90. 3 more targets are shown on the chart The RSI is currently at 49 , which is still in the...
hi traders, XRP is getting ready for the next move. It looks pretty 50:50 to me so the best strategy may be to wait for a breakout in either direction. To avoid a fake-out, wait for a volume surge at the explosive breakout. Targets for long and shorts are shown on the chart. Good luck
hi traders Let's have a look at WMT on 4h time frame. The price was in the ascending broadening wedge pattern. It looks like the bearish divergence played out and we got the successful break-down. Enter the short now or wait for the price to retest the previous support and confirm it as resistance. Target for shorts: 76,66. Invalidation: If the price comes...
hi traders Let's have a look at VISA on 1h time frame. We can see a bearish divergence on 1h time frame. Moreover, the RSI is very overbought on 1D time frame. It makes sense to expect the pullback now. The setup-up is shown on the chart!
hi traders, ATOM looks cheap but it may get cheaper soon so it's worth defining the accumulation zone. I honestly think that it's time to start DCAing but lack of bullish divergences suggests to me that the price may go a bit lower. I will load up on ATOM if the price enters the accumulation zone shown on the chart. 3 targets are shown on the chart. I'm not...
hi traders, Let's take a look at ARBUSDT on a 3D time frame. In my opinion, the bottom may be in. Bullish divergences on 3D time frame are about to play out. Many traders are bearish at the bottom, but here it is clear to me that it's time to accumulate cheap ARB. The entry, stop loss, and 2 targets are shown on the chart. Good luck!
hi traders, Alt season will come sooner or later, and many coins look interesting now. Algorand is one of them. Let's have a look at the ALGOBTC pair on the weekly time frame. We can observe a regular bullish divergence that hasn't been seen for a long time. Algorand is a solid project and many investors expect the new ATH versus USDT. The target for ALGOBTC pair...
hi Traders, Let's have a look at BA stock on 1D time frame. BA stock doesn't look good here. The price has been in a down-trend and it's likely to continue this trend. Buy zone: 114 $- 124$ Mid-term Target: 267
hi traders, CALX looks good now and may be ready for a bullish reversal and higher prices. The price reclaimed the key support at 32,50 and broke the downsloping resistance line which may act as support now. The long position can be taken now and the stop loss can be placed below 32,50. Fib levels shown on the chart should be acting as resistances so take profit...
E.l.f. Beauty stock has dropped 21% this year and is down 48% from its record high of $218 in June. Despite this, Wall Street analysts remain optimistic about the company's growth. TD Cowen analyst Oliver Chen lowered the price target from $235 to $150 but maintained a "Buy" rating. Chen attributes the stock's decline to lower-than-expected guidance for Q2 sales...
hello traders, After the break down the price retested previous support of the rising wedge and it looks like it got rejected. The lower highs show a distribution and the mark-down is more and more likely. The final target at 6.30$. Good luck!
hi Traders, Fundamental analysis: Cullen/Frost Bankers (CFR) is considered undervalued based on several key valuation metrics highlighted by Zacks' ranking system. The company holds a strong Zacks Rank of #2 (Buy) and has an "A" grade in the Value category. Some of the important metrics include: Forward P/E ratio: 13.01, lower than the industry average of...
hi traders AAPL made a lower high which signals a potential correction. We expect a little bounce towards the downsloping resistance line and getting rejected. The possible scenario is visualized on the chart. Good luck