Ochlokrat

Ochlokrat

The basis of this long idea for the EURUSD is an interesting technical confluence (see chart) combined with macroeconomic factors. Recently, the EURUSD has significantly gained due to weak economic data from the USA. Last week, the weak Chicago Purchasing Managers' Index, which is at the level of the COVID-19 crisis, shocked the markets. Against this backdrop, a...

Ochlokrat

Shareholders of the audio service provider Sirius XM Holdings had little reason to be happy in 2024: the stock lost more than 50% of its value since December 2023. Now, a clear stabilization trend is emerging: a nearly ten-year-old sell-side liquidity was taken from the weekly chart. The price recently reacted with signs of bottom formation and made significant...

Ochlokrat

Let's not make it more complicated than it is. Intel seems to have found its bottom, and the gap is suitable as the first target for a long trade. That's it!

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After the spectacular rally of recent weeks, signs of fatigue are emerging in NVIDIA's stock. A correction at this point would be healthy, although it could be severe. If we apply both a volume profile and Fibonacci levels, we find an extraordinarily conspicuous confluence in the range between $950 and $960, just above the open gap from May 22, 2024 (Earnings...

Ochlokrat

The Cannabis Rally is Over! Or Is It? Bulls in Canopy Growth haven't had much to laugh about lately after the initial fireworks at the start of the year fizzled out. The last daily bar showed a clear rejection, dampening hopes for a high-flying stock price. However, a look at the Fibonacci levels and the volume profile suggests a prime buying opportunity around...

Ochlokrat

Ouch, that was a nasty blow for all the CRM bulls. Now the question arises: What's next? A look at the volume profile, from the December 2022 low to the March 2024 high, shows that the price has stopped exactly at the POC of this trading range - and exactly so. This is certainly no coincidence. This offers a good chance for a long entry. Although no one can say...

Ochlokrat

This is a very short-term idea for a long trade in the NASDAQ: double bottom in the OBV in an overriding uptrend. The liquidity wick at the previous high is a good price target.

Ochlokrat

This is a very short-term idea for a long trade in silver: double bottom in the OBV in an overriding uptrend. The “ Bald Candle” at the previous high is a good price target.

Ochlokrat

Now what had to happen has happened: There is open talk about a SOL ETF. Once again, mere optimism about future billion-dollar inflows is likely to drive prices significantly higher. After the Bitcoin and ETH pumps, a Solana pump is now - and there is hardly any reasonable doubt about it - imminent. If we derive the price target from Elliott Wave Theory and reduce...

Ochlokrat

Although the Dow Jones initially squandered its chance of a recovery today, prices are likely to rise soon. The performance of the index does not harmonize with the overall market sentiment. The RSI and MACD are extremely oversold. Market internals such as the VOLD also point to cautious selling interest. For these reasons, we once again see a long opportunity...

Ochlokrat Updated 

This is a simple long idea for the Dow: We had a heavy sell off today, now the VOLD is building a very clean double bottom. Let's seize the chance for a decent reversal.

Ochlokrat

The price of silver has experienced a remarkable rally in recent weeks. However, every trend comes to an end at some point—or at least corrects. Since the recent highs, the price of silver has retreated by almost 7%. Is now a good time to enter long positions? First of all, we remain bullish on silver and see $37 as an overarching price target. Of course, one can...

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The whole world is waiting for NVIDIA's new quarterly figures, which the company will release this evening. Analysts have already announced new price targets on the upside: there is talk of $1,200, even $1,500. Is this realistic? Yes, both from a technical and a fundamental perspective. The AI boom is just gaining momentum and is unlikely to turn out to be a...

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The annotations in the chart convey all the essential information about the technical situation in MARA. The stock is a clear long for us. However, we advise waiting for a small pullback to around $18.30 before entering. The price is currently overbought, and to optimize the risk-reward ratio (RRR), traders should wait for a slightly more favorable entry point.

Ochlokrat Updated 

This short-term trading opportunity in silver focuses exclusively on chart analysis: The price has significantly pulled back from recent highs over the past few days and has now stabilized in a support zone from the beginning of the week. In the time frames up to M30, hidden bullish divergences in the Cumulative Volume Delta are emerging. This situation is reason...

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Gold has corrected sharply in recent days. Observing the Fibonacci ratios, it becomes evident that there is a highly favorable opportunity for a long entry. Currently, we are just below the 50% retracement of the last impulsive upward movement since mid-March 2024. Therefore, we can tightly limit our downside risk. Looking at the MACD, we observe clear hidden...

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Much has been said about Doge. Setting aside opinions, we focus here on the chart analysis: and it is clearly bullish. We see in the weekly chart that the Doge price bounced precisely at the 61.8% retracement of the upward movement between October 2023 and March 2024. Additionally, the weekly candle of the first week of May formed a long lower wick. Therefore, we...

Ochlokrat

With the remarkable surge of the past few weeks, the DAX nearly reached the 19,000-point mark. However, just before reaching it, the momentum faded, leading to a period of weakness. Now, a strong hammer candlestick is visible in an important support area. Therefore, it can be assumed that the correction is now coming to an end and the DAX will once again approach...