Douglas, the parfumerie chain, has experienced a significant decline in its stock price since its initial public offering (IPO). With the stock now trading around 50% lower than its IPO price, it appears to be approaching a potential accumulation zone between the price range of 20 and 15 euros. This analysis explores the possibility of this price level being an...
Hello traders,
Let's explore an exciting opportunity today! 🌟 This stock has recently formed a double bottom pattern and surged upwards, consistently breaking previous highs. 🔄 Currently testing its recent peak, there's potential for a pullback before further upside.
Options traders, consider buying 3500 call options in march expiry for optimal leverage....
📈 Let's delve into the analysis of the USDJPY forex pair for the closing day of this week's market in the futures.
🕰️ Currently, this forex pair is suitable for logical trading on my watchlist. In the 4-hour timeframe, after an uptrend and revisiting the most crucial resistance level of this chart, we have reached it again.
📊 Following a correction from this...
🎉 Happy Nowruz!
🔍 Let's dive into analyzing SNX coin in the weekly timeframe.
⏳ Currently, on the weekly chart, we're witnessing the breakout of a 600-day range. The fate of this week's candle will become clear within the next 12 hours.
🎯 Should this candle maintain its current trajectory, it might be prudent to consider purchasing this coin for a mid-term...
Traders, let's delve into Power Finance Corporation today ! 🌟 In the daily timeframe, we're witnessing a range-bound movement, with the price testing previous swing highs. 🔄 Anticipate a breakout above this level(red box), potentially targeting Rs. 450 and beyond. But before that it may come around at Rs.400 to go up further. PFC appears poised for bullish...
Traders, let's focus on Vedanta Ltd today! 🌟 It's cruising within an upward parallel channel , consistently bouncing off support and surging higher. 🔄 Despite today's market turmoil, consider entering cautiously with trendline support. 📉 Options buyers can explore 250 to 270 CE for liquidity. Let's navigate these waters together! 💼📊
Remember, my analysis is a...
Hello Alpha Traders!
Let's delve into Bank of Baroda today. Here's a snapshot:
📊 1-Hour Trend Analysis: NSE:BANKBARODA is currently riding an upward trend in the 1-hour session, showcasing resilience at support levels.
🔄 Support and Resistance Dynamics: Observing a pattern where the stock breaks its resistance, retraces to find support, and then...
Traders, brace yourselves for an explosive opportunity as we delve into Bank of India's mesmerizing chart dynamics. 📈🔍
🔎 1-Hour Insight: Zooming into the 1-hour timeframe reveals an intriguing narrative—a compelling upward parallel channel that beckons us with promise.
📊 Channel Mastery: Bank of India's price action has gracefully adhered to the confines of...
Hello traders!
Today, let's dive into $NSE:TATASTEEL. Here's the breakdown:
📉 Support Bounce: Tata Steel has recently touched its support at Rs.132 and is now making a move upward.
📈 Targeting ₹140: The current trajectory suggests a push towards the near-term profit target of ₹140.
💹 Derivative Opportunity: For derivative traders, considering the 130 call...
Decoding Gold Price Surge: Analyzing the Impact of Fed Signals and Identifying Profit Opportunities
The recent surge in gold prices, climbing above $2,000, comes on the heels of significant signals from the Federal Reserve indicating potential rate cuts in 2024. As the precious metal takes center stage, our analysis unveils intriguing insights into the factors...
Hello fellow traders,
Today, we're keeping a close eye on a potential long opportunity in the FX:AUDCAD currency pair. Let's dive into the analysis:
📈 Upward Trend: The overall trend for this pair is in an upward direction, and it has been moving within an ascending parallel channel.
🛠️ Support Break: However, a noteworthy event has occurred - the support...
Understanding the BTCUSD Market (#Bitstamp) - Date: September 12, 2023, 22:47
The Big Picture:
Hey there! I've been looking into the BTC market, and I've found some interesting things. Before we dive deep, here's a quick summary: BTC's buying and selling activity is quite calm right now, but other signs suggest some upward energy. Let's break it down.
How Busy...
Overall Trend on 4 HOURLY chart= Bearish
Current Swing on 4H TF= Bullish
Price Action = Ranging(price forming symmetrical triangle; converging at a key level)
Wait for a breakout and/or potential retest of the chart pattern before looking for possible entries!!
Thank you for the like, comments and shares! Much appreciated! This is not financial advise, just ideas on probable market evolution.
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The trend has probably changed as the very strong blue up trending line has been frankly and strongly broken.
The price is now evolving under the bearish channel....
