Market Leadership: Intuitive Surgical NASDAQ:ISRG , the leader in robotic-assisted surgery with its da Vinci system, is poised for substantial growth. The increasing adoption of robotic surgeries, currently under 5% of potential procedures, presents a significant opportunity. Additionally, the aging global population boosts demand for minimally invasive...
Current Situation: THETA has been drifting lower due to general market indecision but may be poised for a short-term bounce. Trade Strategy: Entry Point: Enter a long position within the $2.09 to $2.03 range. Take Profit Targets: First Target: $2.21 Second Target: $2.32 Third Target: $2.44 Stop Loss: Set a stop loss at a candle close under $2.01 to manage...
Current Situation: IMX has experienced a sell-off this week but might be poised for a reversal. The current ENTRY box offers a favorable setup, incorporating multiple levels of confluence such as trend, 0.786 Fib, horizontal supports, and a reset Stochastic RSI on 12-hour and daily timeframes. Trade Strategy: Entry Point: Enter a long position within the $2.15 to...
Anticipation Builds: Traders eagerly await capital inflow into altcoins, known for substantial gains during bullish runs. TOTAL3 Catch-Up: The TOTAL3 index lags behind the market, currently finding support between $670B and $705B. Breakthrough Attempts: Recent days witnessed multiple efforts to breach the upper limit at $705B, signaling a potential market...
Current Situation: Price Level: INJUSDT is currently in a range that provides a favorable entry point for a long spot position. Trade Strategy: Entry Point: Enter a long spot position between $25.50 and $26.00. Take Profit Targets: First Target: $30.00 - $32.00 Second Target: $39.00 - $41.50 Third Target: $49.00 - $53.00 Stop Loss: Set just below $22.50 to manage...
Current Situation: Price Level: IMX is trading at a support level, making it an ideal entry point for a long trade. Trade Strategy: Entry Point: Enter a long position between $2.20 and $2.30. Take Profit Targets: First Target: $2.55 - $2.65 Second Target: $2.85 - $3.00 Stop Loss: Set just below $2.20 to manage risk. Summary: IMX is currently at a strong support...
Current Situation: Pattern: SHIB is showing signs of long accumulation, which typically precedes an explosive upward move. Trade Strategy: Entry Point: Enter a long trade above $0.00002739. Take Profit Targets: First Target: $0.00003267 Second Target: $0.00003960 Third Target: $0.00004440 Stop Loss: Set at $0.00002550 to manage risk. Summary: SHIB's historical...
Current Situation: Trend: NAVI has been on an uptrend since May 15th. Support Level: NAVI is currently at a support level and appears to be holding. Trade Strategy: Entry Point: Enter a long trade at $0.2660. Take Profit Targets: First Target: $0.2950 Second Target: $0.3220 Third Target: $0.3500 Stop Loss: Set just below $0.2491 to manage risk. Summary: NAVI's...
Current Situation: Trend: ENJ is slowly grinding up, having broken and retested a local resistance level, flipping it into support. Momentum: ENJ has picked up momentum and is heading towards the next resistance. Trade Strategy: Entry Point: Enter a long trade above $0.3240 and $0.3376. Take Profit Targets: First Target: $0.4470 Second Target: $0.5070 Third...
Current Situation: Trend: AR is on a strong and healthy uptrend. Recent Action: The price has retraced and found support at $38.911. Trade Strategy: Entry Point: Enter a long trade above $38.911. Take Profit Targets: First Target: $43.850 Second Target: $49.856 Third Target: $56.019 Stop Loss: Set at $36.00 to manage risk. Summary: AR is in a robust uptrend and...
Strategic Acquisitions: GigaCloud Technology NASDAQ:GCT , a B2B e-commerce solutions provider, recently completed two significant acquisitions: Noble House Home Furnishings' assets for $85 million and Wondersign, a digital signage company, for $10 million. These strategic moves are expected to significantly enhance GigaCloud's revenue and margins. Leadership...
Strong Performance: Shake Shack NYSE:SHAK , a growing restaurant chain, ended 2023 on a high note with successful sales strategies and margin expansion. CEO Randy Garutti highlighted the opening of 41 new U.S. restaurants and 44 international locations, including in Thailand and the Bahamas. Despite inflationary pressures, same-store sales saw a 2.8%...
Polkadot (DOT) has encountered difficulties in reclaiming the critical $7.5 resistance region, which aligns with the 200-day moving average at $7.4. The current bullish momentum appears insufficient, suggesting a possible short-term consolidation near this pivotal level. A detailed examination of Polkadot’s daily chart reveals that after a resurgence of demand...
Current Setup: Pattern Formation: TON has formed a new narrow weekly pivot grid within the previous pivot grid, which can often indicate an upcoming uptrend in price. Strategy: Wait for the price to find support before entering the trade. Trade Details: Entry Point: Enter a trade between $6.3655 and $6.4378. Take Profit: Primary: $6.7002 Secondary: Next area of...
Market Position: Affirm Holdings NASDAQ:AFRM is a leader in the rapidly growing buy now, pay later (BNPL) market, particularly popular among younger consumers. Strategic partnerships with major retailers like Amazon and Shopify distinguish Affirm from its competitors, positioning it to capture significant market share. Service Expansion: A recent expansion of...
Market Insights: On Holding NYSE:ONON , a global sports product developer, is demonstrating strong potential as it approaches a crucial resistance level within a bullish cup and handle formation, signaling possible substantial gains. Endorsements and Analyst Sentiment: The brand benefits from endorsements by high-profile athletes, including Roger Federer....
Current Situation: Recent Price Action: ETH saw a massive wick yesterday, flushing out most longs that jumped in after the 20th of May. ETF News: The ETF news is bullish for crypto as a whole, but historically, such news has led to a temporary price drop. Historical Context: Past ETF Approval: Previous ETF approvals have resulted in a 20% dump on BTC and ETH,...
KAS has recently broken through the daily descending resistance line established in March, indicating potential for further upside. Currently, it's near a support area, presenting a favorable setup for a long trade. Trade Details: Entry Zone: Ladder into a long spot trade between $0.125 and $0.13. Take Profit Targets: First Target: $0.1480 - $0.1550 Second...