Is it possible for the stock market to repeat itself? After the stronger-than-expected NFP last week investors are repricing the aggressive FED rate cuts expected for 2024. This was immediately affected in the stock market as the main indexes dropped and the dollar managed to recover some ground. The month of January is generally weak for the index as the...
I don't know about you, but this looks like a massive slow moving bubble waiting to pop. No different looking than a bitcoin bubble but at a longer time scale. Economic corrections stopped being allowed after the great recession of 2008 and this is showing the inevitable consequence.
bullish pullback opportunity towards the 200-day moving average. Several strong indicators support this potential upward movement: RSI Value Near 50: The Relative Strength Index (RSI) is hovering close to the neutral 50 level, suggesting a balanced market sentiment and potential for upward momentum. Support Holding at 48.5 Level: The stock has...
DatChat's shares surged 49.11% to $3.10 after unveiling its AI social gaming platform and developer program. The company also launched HabyPets, an AI-powered interactive game, and opened its platform to developers, allowing revenue sharing. Bullish outlook sets support at $1.40-$1.70 and targets an upside of $5.80-$6.80. 🚀🎮 #DatChat #Stocks
US stocks surprised much of Wall Street this year with a strong run that defied decades-high interest rates and recession calls. The rally was fueled by slower inflation and hype over artificial intelligence. But more recently, the Federal Reserve's unwavering higher-for-longer rate stance and a deepening bond-market rout have had a sobering effect on equities...
R: 47845-900 S: 47210-46800-46200 TF: 4 HRS Tip: Execute the trade whenever prices are nearby to the pattern, including gap-up or gap-down openings. The chart pattern clearly states that we are approaching the sale area. Execute the order at the opening of the market if it opens under the pattern.
🚀 Rocket Lab (RKLB) achieved ten successful launches in 2023 and secured a $515 million US government contract, leading to a 22% surge in shares. The company's success contributes to a 40% increase in shares this year, maintaining a bullish sentiment with an upside target of $7.50-$8.00 and support at $4.00-$4.10. 📈🛰️ #RKLB #StockMarket
R: 21415-21500 S: 21050- 20810 TF: 4 HRS Tip: Execute the trade whenever prices are nearby to the pattern, including gap-up or gap-down openings.
📈Because the S&P500 Index is near an All-Time High(ATH), I decided to analyze this index for you and answer the question of whether the S&P500 Index can create a new All-Time High(ATH) or not. 🏃♂️The S&P500 Index has already managed to break the 🔴 Resistance zone( $4,640-$4,540 ) 🔴 and is moving near the 🟡 Price Reversal Zone(PRZ) 🟡 and Resistance lines...
#RBLBANK RBL Bank Ltd has reclaimed a very important level on higher timeframe. We still have 4 days to close the week and then we can be sure about further analysis. However, for now this looks very good.
CRYPTOCAP:MATIC Polygon on the 1-hour timeframe faced rejection near the 50 EMA line (colored red), favoring the bears as the price broke through the previous support and is now approaching the Optimal Trading Zone (OTZ). It is crucial to remain vigilant, set alerts, and be prepared for the price to descend into this zone. As part of my strategy, a confirmation...
Uber's stock market journey has been a rollercoaster of highs and lows over four and a half years. The stock reached a high of $64 in February 2021 but plummeted to $13 by March 2020. During a challenging period from February 2021 to June 2022, the stock saw a 68% decline but found crucial support at $20. In January 2023, it crossed the significant daily 200...
After taking a swing at the elusive $0.40 target last Wednesday (11/15/2023), ADA got a taste of rejection. But, true to form, the next day, Cardano dusted itself off, shrugged off the setback, and made a bloody good comeback. Now, pay attention. Picture Cardano strutting back into the ring, ready to take on a new, formidable resistance level. The bulls are...
Breaking through a year-long resistance zone between $37k to $41k on Thursday, Bitcoin's price action has set the stage for what I term an Optimal Trading Zone (OTZ). This critical development is a cornerstone of my strategy, focusing solely on the dynamics of price movement. Now, my attention is keenly fixed on the anticipation of Bitcoin's price entering and...
Traders, For the second time this year, regional banks are threatening to cross on over an essential support that has carried us through this secular bull market for 14 (going on 15) years! If our support breaks, I fear that regional banks could drag everything else down with it. Remember, it is regional banks that hold the loans for much of commercial real...
US500 / 1D Hello traders, welcome back to another market breakdown. SPY has confirmed a a new bear trend, I'll wait for the retest to the previous S/R level. Trade safely, Trader Leo
Traders, If you've been reading my static posts, you'll know that the SPY has reached its downside target of 410 for the head and shoulders pattern that we've been watching. It's now looking like a bounce can be expected. I'll briefly touch on what I am seeing on the SPY chart as well as the DXY, VIX, and, of course, Bitcoin. I'll also quickly brief you all on...
Very important to keep eye on the $VIX. So far today we have a HUGE reversal AND a possible Bearish Engulfing. SP:SPX AMEX:SPY #SPX #SPY #VIX #stocks #StockMarket