Home Depot (HD) gave us last time (October 09 2023, see chart below) an excellent buy opportunity that quickly hit our 326.50 Target: The Bullish momentum was so strong that it broke above the Triangle pattern and gave way to the emergence of a Channel Up. The recent 30 day correction since the March 21 High, can be technically seen as the new Bearish Leg of...
C3.ai (AI) is bearish on the 1D technical outlook (RSI = 36.727, MACD = -1.800, ADX = 49.528) but has staged a solid recovery at the bottom of the 1 year Channel Down. This sequence is very much like the October 2023 bottom, which targeted the 0.786 Fib as a LH. Having completed a MACD Bullish Cross, we go long aiming at the top of the Channel Down (TP =...
Looks good on Chart. Breakout possible. Long Consolidation done. Above all EMA. Good for Short term. Do Like ,Comment , Follow for regular Updates... Keep Learning ,Keep Earning... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
10 year looks to be heading to 5 or 5.5 %. MACD and RSI showing upward trend on weekly still. Upward fib extension looks to retest previous high or beyond if Fed doesn’t lower rates anytime soon. Looking for CPI prints to see whether Inflation is going back up which may impact 10 year and I believe the market will continue down while 10 year heads upwards so I’m...
Potential downside momentum can be expected under the hourly timeframe where we may witness a reversal on the lower boundary created.
✅AMAZON broke out of The rising narrowing wedge And the price is now going Up in a rebound to retest The broken levels above But I am locally bearish Biased and I will be Expecting a further Move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Risk-On Sentiment has taken over the markets today despite bad manufacturing and services data.. and it began yesterday on Nasdaq with the Daily candle closing back above the Daily Level 17,164. Other confluences for the increase on Nasdaq include 1) Jerome Powell's hawkish comments on April 16th. 2) Dollar Index 5 minutes chart : Here we can observe the Risk on...
Consider a promising swing trade opportunity in Central Depository Services Limited (CDSL) , a leading securities depository in India, facilitating the holding and transfer of securities in electronic form. Reasons are listed below : Breakout from Strong Resistance at 2000 : CDSL has successfully broken above a significant resistance zone at 2000, with a...
MARA is flagging on the 5 minute and 15 time frame. Look for some more consolidation and then a big bounce to one direction.
Traders, As stated in my video on Sunday, all charts/indexes that we have been tracking and utilizing as leads for our crypto price predictions are still right on track. A quick review (left to right) shows: - The dollar has found support and, if my overall thesis is correct, could bounce here and travel up to that 107 target before dropping from our bearish...
Commercial real estate "..talk of black swans of an economic nature forcing the Fed to print trillions again. Commercial real estate may be the next domino to fall. Back in 2008, default rates rose to 9%, up from 1%, as interest rates rose. Today, the damage to commercial real estate loans which total about $2.7 trillion could be far greater. Over 40% of the US...
TRG has been experiencing some downward presseure recently with a series of lower highs and lower lows and now in a accumulation phase. However, recently it broke the bearish trendline with strong bullish div on daily, if candle closes above accumulation zone 74.81 then we will enter at 76.15 , with a secondary buy opportunity at 71.69
MARKET OVERVIEW A weak bounce in the market this week, which lifted stocks modestly off their lows though most stocks are struggling to recover a significant portion of their recent losses. Tonight, Meta Platforms ( NASDAQ:META ) is adding more downside pressure on growth stocks after it announced weak guidance numbers and the stock collapsed $75 lower in...
Apple (AAPL) completed yesterday 3 straight green 1D candles, the longest such bullish streak in 3 months (since January 25). The rebound has been initiated inside the Lower Highs Zone that started after Apple's former All Time High (ATH) on January 04 2022. The are a lot of recurring patterns involved as well, with one being that the current Channel Down that...
Potential Breakout possible . Cup & Handle formation. Good for Short term. Target 163 , 190. Do Like ,Comment , Follow for regular Updates... Keep Learning ,Keep Earning... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
I have witnessed a breakout in the demand zone highlighted. Where I expect to see a continuation of the downside momentum with the breakout & reversal formation on the support identified.
In my view NYSE:SPCE stopped a current phase of falling down and forming the plato, which will be a fundament for the next steps. We will be observing a huge profitable company for patient investors during the next years. In my point of view, as well, that it can bring till the x100 in the ending of the growth phase. Goal for the end of 2024 is 4-4.5. Does...
Expecting NYSE:SPCE near 8 during the nearest time (1-2 months). Does not constitute a recommendation. #investing #stocks #idea #forecast #furoreggs If you want to discuss, please subscribe and challenge my point of view )