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Double Top or Bottom

PLTR: Is a New Uptrend Beginning Above 165?PLTR: Is a New Uptrend Beginning Above 165? PLTR is currently trading above the 165 Resistance level. We need to observe if it closes above this resistance for a confirmed breakout. A sustained close above 165 could signal the start of a new uptrend with a target of 185. The immediate support to watch for any pullback is at 158. Disclaimer: The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
NASDAQ:PLTRLong
by ManiMarkets
Double-Top Breakdown in Alliant Energy | Short Target ₹62.90Price action in Alliant Energy has developed a clear double-top reversal pattern , with the neckline now broken on strong momentum. This structure signals exhaustion of the prior uptrend and the possibility of a bearish leg unfolding. Adding further conviction, the MACD indicator has printed a bearish crossover (MACD line crossing below the signal line), showing that momentum has shifted in favor of sellers. This dual confirmation — pattern + momentum — strengthens the short-side outlook. Trade Plan : Entry : On breakdown or retest of the neckline zone. Stop-loss : Just above the recent top / right shoulder (adjust as per risk tolerance). Target : ₹62.90 (measured move objective).
NASDAQ:LNTShort
by peace_lover
ABCL 4H support test and triangleAbCellera Biologics stock is trading inside a triangle pattern and testing the key support at 3.90–4.00. Signals are showing that sellers are losing momentum: CCI prints a bullish divergence and the volume profile highlights accumulation above the current level. A breakout above the descending trendline around 4.30 could open the way towards 4.80 and even 5.60. From a fundamental perspective the company remains an important biotech player focusing on antibody-based drug development. The sector is highly news driven and any announcement on trials or partnerships could trigger sharp moves. As long as support holds buyers keep the advantage and the market looks like a spring that has been compressed too long and is ready to release.
NASDAQ:ABCLLong
by InvestWorld_777
GOLD– Market Outlook 🔼 Bullish Scenario: • If the price holds above 3635, the upward momentum is expected to continue. • Target: 3675 (main resistance level). • If 3675 breaks, the price may rise further and enter the bullish zone. 🔽 Bearish Scenario: • If the price stabilizes below the retracement level, a temporary correction may start. • Target: 3595 (strong support). • If the price breaks below 3595 and closes under it (especially on the 1h or 4h timeframe): → The next bearish target will be 3546. ⚠️ However, if 3595 holds and is not broken, the price will likely bounce and resume the bullish trend. ⸻
OANDA:XAUUSDLong
by EvarMayi
Sell Signal on GBPJPYThe GBPJPY is forming beautiful and obvious Lower Lows. It already formed its first LL which indicating the Bearish Signal below its previous LL below 199.34. Further the Bearish divergence is confirming the selling point. I am 95% sure for the bearish move towards TP 1 and TP 2. I have still an eye on Pound Index. If the BXY closes above its resistance at 135.54 then the above Idea may heart yet we have to stick to our Risk to reward ratio. My risk on two trades is 1% each if TP1 Hit, I will move my SL into Breakeven and let the price move to my TP or revised SL with 0 risk.
Short
by hameedops
1
XAGUSD Overextended: Watching 40.50 NecklineIn the past months I argued that Silver should rise and reach 40, and the market not only achieved that but even exceeded the level, printing a high at 41.50. However, just like Gold, this move looks overextended and vulnerable to correction. 📌 Technically, price has tapped 41.50 twice. While it cannot yet be called a confirmed double top, the possibility exists. The neckline of this potential pattern is at 40.50. • A break below 40.50 could trigger a deeper correction. • First target: under 40, toward the 39 technical support zone. 🔑 Trading Plan: I remain cautious at these levels. If 40.50 gives way, I will look for shorts targeting the 39 area. Counter-trend trades carry very high risk, but the setup is worth monitoring. 🚀
OANDA:XAGUSD
by Mihai_Iacob
12
Tata Steel – Multi-Year Base Breakout Setting UpThesis Tata Steel is testing a major resistance zone around ₹169 after consolidating in a wide range (115–170) for nearly 2 years. A decisive breakout here would mark the completion of a multi-year rounding base, opening the path to higher levels. Technical Setup Structure: Multi-year consolidation / rounding base since mid-2023 Breakout Level: ₹169 (tested repeatedly) Primary Target: ₹185–190 (nearest supply zone) Extended Target: ₹210–215 (measured move of base depth) RSI: ~63, rising but not overbought Volume: Needs strong confirmation to validate breakout Invalidation: Breakdown below ₹160 Fundamental Context Recent quarters show earnings recovery from cost control and safeguard duties. Valuations elevated (P/E ~46–51×), margins thin, leverage moderate. Interpretation: Fundamentals are mixed, but cyclical tailwinds and government protection provide near-term support. Disclaimer For educational purposes only. Not investment advice.
NSE:TATASTEELLong
by eggubonda
2