INTU beat EPS and REV expectations and the valuation points to higher numbers.
Its business proved resiliency and the outlook doesn`t look so grim. INTU has a good history of EPS growth.
The stock might put an end to the consolidation period and renew its uptrend.
#notfinancialadvise. Adjust your size accordingly.
OCEANUSDT recently went through an accumulation phase, which took place between the price levels of 0.2982 and 0.1163. After a period of consolidation, the price eventually broke out of this accumulation range and experienced a significant distribution phase.
Currently, the price of OCEANUSDT is testing the weekly support level at around $0.41. This level is a...
Despite a choppy situation for the GBPUSD where price action was caught with a range at 1.22500 and 1.21000, the Pound Sterling rose by 0.1% to close the week at 1.22250, and this is likely as a result of the data released earlier on Friday. At this point, I am of the opinion that the data from the macroeconomic events (Claimant Count Change & ILO Unemployment...
Bearish Indications (BIASED SHORT)
1. Rejected or retest from a resistance level
2. Formation of Bearish Diamond Pattern
3. Trend Line Broken
4. Bearish Divergence
5. Entry at Bearish Candle
Neutral Indication
1. Price still in the range/consolidation phase
Bullish Indications
1. By Breaking the resistance level and making a new HL then the trend will be bullish
NSE: INDIGO is closing with a strong bullish consolidation candle supported with volumes
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in...
Gartley Pattern is not my favourite harmonic pattern, and that is because it doesn't have a very good profit factor.
For this instance, the PRZ happens to converge to a single price, and the formation happens within the consolidation zone does entice the trading setup.
The intervention of the Bank of Japan three weeks ago appears to linger on in this market as the U.S. economy continued to add jobs at a solid rate in September. As the price continues to trade between a specific zone (145 and 144 area) in the last three weeks, we can only wait for a signal to have a trading opportunity on this pair.
Risk Disclaimer:
Margin...
Primary Chart: BTC's Key Fibonacci and Measured Move Levels along with Key Demand Zone
BTC continues to trade just above make-or-break levels as it has for much of this week. It continues to chop up and down, similar to the way equity indices have the past few days. Chop essentially entails price action within a range without any directional follow through....
Analysis
We are seeing a reset on the indicators are price is being squeezed between the 1M 20EMA and 1M 50EMA.
Scenario 1:
There is strong support at $1650 and it will needfind support at least 1 more time (perhaps twice) before it continues upwards to all time highs (+15)
Scenario 2:
If price breaks below 50EMA we could potential see a drop (-23%) with...
Price has been rejected from the 22500 resistance.
To be fair, this is the most significant resistance we have on the chart right now considering that it is both a daily resistance and the 200W MA which has been acting as support in the past and should now act as resistance.
The way I see it there are two basic scenarios here:
A) Bullish Scenario:
The price...
This is a very different Weekly Market Analysis, seldom do I share a Weekly chart setup but this is special and close to my heart, a Shark Pattern on GBPAUD Weekly Chart.
The Bullish Shark Pattern is valid, if you have deep pockets, you can consider this trade, you are looking at more than 1,000pips of potential profit to only Target1. Yes! You read it right,...
BITSTAMP:XRPUSD
Technicals:
- The two Horizontal Trendlines range in Yellow is a good consolidation area albeit quite a wide range
- The other 2 Horizontal Trendlines (0.73 and 0.90) are also consolidation areas (good to either TP at those levels or take some off exposures off the table at those levels)
Fundamentals:
- The crypto space has taken a drastic...
It is important to remain realistic and avoid any scenario that will surely not come true in the current times.
With the different events that the financial world is currently undergoing, it is better to remain very cautious about the Apple share price, even if Apple's financial results are better than those of other companies in the market, analytically we can...
Price is currently sitting on both a bullish trendline and a strong demand zone that has held price "supported" since February 2022. Are we going to witness a breakdown or trend continuation in the next couple of days? What do you think?
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk...
Nasdaq broke out of our downtrend channel on Tuesday when it made a bullish rally and got restricted by our resistance line on 14288.65 and retest our resistance trendline on 13973.81, we might expect a consolidation before it gives us a clear move.
Hi Friends,
As we can see in Weekly Timeframe chart Huobi Token ( HUOBI:HTUSDT ) is in good consolidation I think it is accumulating. Most of the time such long consolidation will give a breakout towards the upside.
Huobi Token ( HUOBI:HTUSDT ) is the native token of the cryptocurrency exchange Huobi Global. It is a decentralized digital asset based on the...
![XRPUSD: [Potential] XRPUSDT: 3-6 Mth Range Play](https://s3.tradingview.com/3/3V7ALN5h_mid.png "[Potential] XRPUSDT: 3-6 Mth Range Play")
