MPWR 1D: shoulders are squared and the battery's still fullMonolithic Power Systems broke out of a long-term descending trendline after completing a clean inverse head and shoulders. Now the price is pulling back into the 705–688 zone — a textbook retest area that combines the neckline, the 0.705–0.79 Fib levels, and a major volume shelf. Add to that a golden cross (EMA50 crossing EMA200 from below) and we have a solid technical foundation for continuation. Volume on the pullback is low, indicating no panic, just rotation. If 688 holds, the next levels to watch are 755.66 and 952.17 — the latter being the 1.618 Fib extension. Tactical setup: look for a reversal signal between 705–688, with a stop just below 661. As long as price holds this zone, the bullish structure remains intact.
Fundamentally, MPWR remains one of the strongest names in the semiconductor space. With over $1.5B in annual revenue and industry-leading margins, the company continues to see strong demand from data center and EV sectors. In its latest report, management highlighted accelerating orders from Tier‑1 manufacturers. The balance sheet is clean, with zero debt, and ongoing buybacks provide downside support. In a sector full of volatility, MPWR stands out with both structural reliability and technical clarity - making it a strong candidate for long-term positioning.
If this textbook pattern plays out, the train’s just leaving the station. The best seat is usually the one taken before the doors close.
Breakout
KIOCL on the verge of 8 years BreakOut📊 KIOCL Ltd – 8-Year Breakout Summary
🔑 Price Action Overview
The stock is trading at ₹528.80 (+19.99%), hitting an upper circuit with strong momentum.
Price is on the verge of a multi-year breakout from the consolidation zone that lasted nearly 8 years (2017–2025).
Historically, every breakout in KIOCL has led to sharp parabolic moves (2017 rally, 2020 rally, 2024 rally).
📈 Key Resistance Levels
1. ₹540 – ₹560 zone → Immediate breakout resistance (current price testing this zone).
2. ₹620 – ₹650 → Next major resistance; earlier rejection zones in 2017 and 2024.
3. ₹750 – ₹800 → Medium-term resistance zone.
4. ₹900 – ₹1000 → Psychological & historical supply zone.
📉 Key Support Levels
1. ₹500 – ₹510 → Immediate support (previous resistance now acting as support).
2. ₹450 – ₹460 → Strong support, base of recent rally.
3. ₹400 – ₹410 → Long-term support, multiple touch points (2023–24).
4. ₹340 – ₹350 → Strong multi-year support zone; breakdown here invalidates bullish structure.
🔍 Volume & Strength
Volume has spiked sharply (11.5M vs avg 9.9M), confirming institutional buying interest.
Weekly chart breakout with highest volume in years indicates accumulation phase turning into expansion phase.
📊 Technical Indicators
Momentum: RSI likely entering overbought zone but still bullish (strengthening breakout).
Trend: Higher highs & higher lows visible since mid-2023.
Pattern: Cup & Handle / Long-term Rectangle breakout.
🚀 Upside Potential
Measured move targets (based on breakout projections):
First Target: ₹620 – ₹650 (20–25% upside)
Second Target: ₹750 – ₹800 (45–50% upside)
Final Target: ₹900 – ₹1000 (80–85% upside)
⚠️ Risks
Profit booking after sharp rallies.
If it fails to sustain above ₹500 support, trend may weaken.
PSU stocks can be volatile due to government policies.
✅ Summary in One Line:
KIOCL is on the verge of an 8-year breakout with strong volumes. Sustaining above ₹500–₹510 opens the gates for ₹620 → ₹750 → ₹900+ in the medium to long term, while downside is protected by ₹450 & ₹400 supports.
EURUSD Long: Awaiting Bullish Breakout from PennantHello, traders! The price auction for EURUSD has been in a corrective phase, which has taken the form of a large downward pennant. This bullish reversal pattern has been defined by a series of complex lower highs and lower lows, with the price consolidating between the descending supply line and the demand line near the 1.1715 demand level.
Currently, the auction is at a critical inflection point, trading at the apex of this pennant where the supply and demand lines converge. The price has found support near the 1.1715 demand zone, and after a complex series of moves, is now challenging the immediate overhead resistance. This compression of volatility indicates a significant breakout is imminent.
My scenario for the development of events is a bullish resolution of this downward pennant. I expect the price to make an impulsive move and break out above the descending supply line. In my opinion, this breakout will have enough momentum to carry the price up to the major horizontal supply zone. The take-profit is therefore set at the 1.1815 supply level. Manage your risk!
Bitcoin may be Rejected from Channel ResistanceHello traders, I want share with you my opinion about Bitcoin. The established market structure for Bitcoin remains bullish, with the price action being methodically guided higher within a well-defined upward channel. This pattern has been in effect since the resolution of a prior consolidation, creating a clear sequence of higher highs and higher lows. The price of BTC has just completed another full upward rotation within this structure and is now positioned at a critical inflection point. Currently, the asset is directly testing the upper boundary of the upward channel 2, a level which forms a powerful confluence of resistance with the horizontal 117500 - 118200 seller zone. In my mind, the resistance of this channel is likely to hold, initiating a corrective phase. I expect a rejection from this area, leading to a downward move that will break the current support level at 115600. I think this decline will continue towards the channel's main support line. Therefore, I have placed my TP at 113250, which aligns with this dynamic support line. Please share this idea with your friends and click Boost 🚀
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
$OVID - OVID Therapeutics - $2.08 Retest & Breakout - $2.60PTNASDAQ:OVID broke out in the Pre-Market, hitting $2.41, breaking through the $2.08 Levels of Resistance. We were looking for support above that $2.08 but see consolidation to that Lower Suport Trend, which we expect a continuation through the $2.08 to our $2.60 PT and Retest Expectations.
This comes after OVID reported Positive Topline Data on it's OV329 for Drug Resistant Epliepsies.
$RGTI - Rigetti Computing - $43 PT?NASDAQ:RGTI has been on a run, pushing from $0.72 to $21.42 going into 2025, consolidating and pushing into this continuation over the course of the remaining, breaking above that $21.42 Level of Resistance, now identifying resistance $34.40, where we will be looking for new strong support above those levels before pushing on to the $43 PT.
$PLUG - Plug Power, Inc - $3.45 RT & Breakout?NASDAQ:PLUG looks to have broken out of its longer-term downward channels, showing strong volume, support, and momentum while re-attempting to break the $3.09s and push forward to our $3.49 PT.
This also comes after HC Wainwright maintains a BUY on NASDAQ:PLUG , raising its Price Target to $7. Not to include, the company just delivered its first 10-MegaWatt GenEco Electrolyzer Array to Gilp, a Portuguese Energy Company.
S&P 500: Rising Wedge signals movement before NFP📈 BLUEBERRY:SP500 | Rising Wedge + Non-Farm Payrolls: Which breakout scenario is more likely?
A Rising Wedge pattern is forming on the 30-minute chart of US SPX 500, with price approaching the convergence point of two trendlines. This pattern typically signals weakening bullish momentum but doesn’t rule out a breakout to the upside 🚀.
🔍 Technical Analysis:
• Price is consolidating within a narrowing channel, forming a Rising Wedge 🔺.
• Key support lies between 6717 - 6734 (lower blue zone) 🛡️.
• Target zone on a breakout to the upside is 6767 - 6775 (upper blue zone) 🎯.
• The pattern signals an imminent breakout, but confirmation with a candle close beyond the wedge is needed 🕒.
📊 Non-Farm Payrolls Impact:
• If NFP comes in below expectations, the market may react positively (break up) on hopes of Fed easing monetary policy 💵👍.
• Conversely, a higher-than-expected NFP could increase downside pressure (break down from the wedge) 📉⚠️.
💡 Trade Setup:
• Enter a BUY position once price breaks above 6733 with confirming high volume 🔥.
• Place stop loss below support at 6716 to manage risk 🚧.
• Target area between 6770 - 6775 🎯.
📝 Summary:
The Rising Wedge on SPX 500 points to a breakout soon, with the NFP report acting as a key catalyst. Wait for confirmation and manage your risk carefully ✅.
Please like and comment below to support our traders. Your reactions will motivate us to do more analysis in the future 🙏✨
Harry Andrew @ ZuperView
NZDUSD: Sell Stop in Planned DowntrendThis is not an active entry but a planned sell stop entry.
Daily Timeframe:
Price crossed above HTL but quickly formed a doji to indicate weakness
EMA20 is below EMA60 and price is below EMA20 so there's an overall weak downtrend
H1 Timeframe:
Strong ATL is in the process of weakening as price recently failed to make a higher high
When price crossed below ATL, EMA20 should show confluence by crossing below EMA60 and the EMA band should continue expanding
If price makes a clean break lower, there's strong indication that there will be confluence with the daily downtrend
USDCAD: Uptrend ContinuationDaily Timeframe:
Price crosses above HTL and is holding
No inside bar formed yet so unlikely to see loss of momentum over the next day
H1 Timeframe:
Not idea that price is a bit further away from EMA20
Uptrend is indicated by EMA20 being above EMA60 and price being above EMA20
The DTL is also not a strong plot so reducing size
GBPAUD: Second AttemptExperienced a bit of unwanted volatility earlier this morning, but I do think there's still quite a bit of downside pressure.
On the daily timeframe, price still remains below HTL. On the H1 timeframe, price appears to be ranging, but is painting larger bearish bars.
I think there is an opportunity to scale in if price crosses below EMA20 and the EMA20/60 band continues to expand.
US30: Key support breakdown signals potential sell opportunity
1. Current Market Overview 🌐
The SPREADEX:DJI index is approaching a significant resistance zone where selling pressure is expected to be strong. The price is currently consolidating and moving sideways around this area, preparing for a major move.
2. Technical Signals and Momentum Indicators 📊
Momentum indicators such as MFI, RSI, and Stochastic have all entered the oversold territory, while also showing signs of price compression (consolidation), indicating the market is waiting for the next breakout.
The strong resistance zone and the Overbought/Overextended (OB/OS) signals suggest that buying pressure is weakening, which is favorable for sellers.
3. Sell Scenario on Key Support Breakdown 🔻
If the price breaks below the important Key Support level shown on the chart, this will confirm the beginning of a downtrend.
Traders can consider opening sell positions as soon as the breakout occurs to take advantage of the downward momentum.
The price target is expected to move toward lower support zones where buying interest may emerge to cause a price correction.
4. Risk Management ⚠️
Place stop-loss orders above the resistance zone or the nearest recent highs to protect against unexpected market moves.
Adjust your position size according to your risk tolerance.
5. Conclusion 🔑
The sell setup on US30 is very clear with a strong resistance zone and momentum signals indicating a potential upcoming downtrend.
Main scenario: Breaking the Key Support will trigger a strong decline, providing a profitable trading opportunity for sellers.
Wait for a confirmed support break before entering the trade to ensure safety and effectiveness.
Please like and comment below to support our traders. Your reactions will motivate us to do more analysis in the future 🙏✨
Harry Andrew @ ZuperView
XAUUSD Forecast: Expecting Further Price SurgeHey everyone, Kilian here!
Gold is showing solid bullish momentum right now, with relentless buying pressure pushing prices higher. Recently, the metal broke through its final resistance level, then pulled back to retest it, a textbook example of a breakout followed by a classic retracement.
This retest was crucial, as the price was rejected at that level, turning it into a new support zone. This shift is a strong long-term buy signal, confirming that the bulls are firmly in control and positioning for further gains, with the next major target around 3,922.
On the fundamental side, XAUUSD's outlook remains positive. The U.S. government shutdown is fueling economic uncertainty, which is driving increased demand for safe-haven assets like gold. Additionally, strategic acquisitions are adding further strength to gold's upward momentum. That said, it’s important to remain cautious, as sudden shifts in market sentiment could quickly change the direction.
Stay tuned and watch how gold plays out in the coming days. The trend is looking strong, but always be prepared for potential changes!
GBPAUD: Price Holding Below Daily HTLDaily Timeframe:
Price initially crossed below daily HTL on September 11th, but failed to hold below it as price reversed for the following days
Price crossed below daily HTL again on September 30th, but closes below significantly
Price attempted to trade above HTL, but failed to close above it accordingly
H1 Timeframe:
There's confluence here as price crosses below ATL
Price is also below EMA20 and the EMA band is beginning to widen
Oil Playing Twister: Triple Bottom or Quadruple Pretzel?A Triple Bottom Walks Into a Bar…
Crude Oil (CL) has been busy doing something traders love and hate at the same time: building bottoms. First, it carved a neat Triple Bottom on the daily chart — textbook stuff. Everyone lined up at 66.68 waiting for the breakout champagne to pop.
But what did price do? Instead of exploding higher, it slammed on the brakes and took a detour straight back to support. Typical CL — always keeping traders on their toes.
Now we’re staring at the possibility of a Quadruple Bottom. Not a typo. Yes, they exist, but you don’t see them every day. Like spotting a unicorn in Times Square.
Why We Care About 66.68
That level isn’t just random. It’s the line where:
The Triple Bottom neckline lives.
The Supertrend upper band hangs out.
And, conveniently, the breakeven of our options spread sits.
In other words: get above 66.68 and suddenly this setup has wings. Target? Around 70.63, where UFO resistance is waiting to greet us.
The Fun Part: Bull Call Spread
Instead of swinging a giant futures bat and risking unlimited pain, we play it smarter with a Bull Call Spread:
Buy the 65 Call (Nov-17)
Sell the 71 Call (Nov-17)
Pay about 1.75 points (≈ $1,750 per standard spread, ≈ $175 if you go micro).
That’s it. Risk capped, reward mapped. Max loss? $1,750. Max gain? $4,250.
And yes, the breakeven is… drumroll… 66.8. Same line as the chart breakout. Love when math and pictures line up.
Plot Twist: Cheaper Now, But…
Here’s the kicker: because price dipped back into support, the spread might actually be cheaper right now. Sounds good, right?
But there’s a catch. Waiting for the breakout confirmation could make the spread pricier later, shrinking your reward-to-risk. Classic trading dilemma: do you want cheaper tickets with less confirmation, or more expensive tickets after the bouncer checks your ID?
Risk in 3 Sentences
Keep your trade size sane.
Don’t marry the setup if price dumps below the bottoms.
If CL rushes toward 70, take the money and run (or at least roll the short strike higher).
Bottom Line
Crude Oil is still building its base. Maybe it’s a Triple Bottom. Maybe it becomes the rare Quadruple Bottom collectors dream about. Either way, the play is the same: breakout above 66.68, aim for 70.63, and do it with a defined-risk Bull Call Spread that doesn’t keep you up at night.
Sometimes the market is dramatic. That’s why we trade it. 🎭
Want More Depth?
If you’d like to go deeper into the building blocks of trading, check out our From Mystery to Mastery trilogy, three cornerstone articles that complement this one:
🔗 From Mystery to Mastery: Trading Essentials
🔗 From Mystery to Mastery: Futures Explained
🔗 From Mystery to Mastery: Options Explained
When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: www.tradingview.com - This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies.
General Disclaimer:
The trade ideas presented herein are solely for illustrative purposes forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.
Gold Continues to Show Strength👋Hello everyone, what do you think about the current trend of OANDA:XAUUSD ?
Yesterday, the market received an important piece of news: the JOLTS data showed 7.23 million job openings in the U.S., surpassing the forecast of 7.19 million and slightly higher than the previous figure of 7.21 million.
In response to this information, gold initially experienced a temporary pullback but quickly regained momentum. Despite the somewhat negative impact on gold due to this data, it reaffirms XAUUSD's position as a safe-haven asset.
As of the time of writing, XAUUSD continues to test new highs, with the price currently trading around 3,865 USD. The short-term outlook remains supported by technical factors. As long as the support levels hold, I remain optimistic and target higher levels, with 3,900 USD being the first psychological level.
What do you think about the trend of XAUUSD? 💬Feel free to share your thoughts in the comments!
BTCUSDT: Potential Reversal at Key Support👋Hello everyone, what do you think about the trend of BINANCE:BTCUSDT ?
Bitcoin is currently undergoing a short-term correction after forming a peak above $114,500. The price is now heading toward a key support zone around $110,000, which is also seen as an important confluence zone.
If Bitcoin stabilizes here and confirms the support level, we could see another potential bounce, pushing it back towards previous resistance levels. Pay attention to the possibility of a price reversal from this support zone, as it might create a buying opportunity.
What do you think about BTCUSDT? Let me know your thoughts in the comments below!
Good luck!
XAUUSD: A Golden Opportunity to Buy TodayHello everyone, Kilian here!
Gold is looking very attractive. After a strong surge, the price has come back to test and confirm the strong buying pressure, and this has been confirmed beautifully.
The price is currently at an important level where the sellers pushed the price down. If the buyers manage to break through this level and repeat the same pattern (coming back to test and confirm), this indicates strong buying pressure, meaning the price is likely to continue rising.
Wish you happy trading and profitable results!
SPY MONEY PRINTER GO BRRR|LONG|
✅SPY with the FED lowering rates, liquidity injections perspective fuel risk assets. Price has broken out above the key level, signaling bullish order flow. SMC outlook suggests momentum could push into new all-time highs as money printer effects unfold. Time Frame 1H.
LONG🚀
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