Details: Walmart ( NYSE:WMT ): Over the weekly time frame, Walmart saw an impressive gain of 22.51%, highlighting a strong trend in its stock performance. S&P 500 ( AMEX:SPY ) : This ETF tracks the S&P 500 Index, a benchmark for 500 of the largest companies in the U.S. stock market. During the same period, AMEX:SPY recorded a gain of 16.17%. Consumer...
NASDAQ:CLSK Observed high vol. Safe entry above $7.59 Careful entry at $5.30 PT $13.88 SL $4.70 Abu Noura 13-Aug-2023
I use this chart to map out when I increase my daily purchase amounts for a Dollar Cost Averaging (DCA) strategy for accumulating BTC when in a bear market. As the price crosses each threshold, I increase the amount in of BTC that I purchase by around 10%. Feel free to copy or improve, Enjoy!
A rising wedge type of pattern can be observed in the weekly chart of HDFC Bank. Price has failed to breakout above the 1750 level 4 times in the past 2 years. Price seems to have broken down on the weekly chart from the pattern. Supports at 1580, 1530. Good medium to long term buying opportunity if it reaches around 1410 which is the 200 EMA on the weekly.
Short position After 29287 Risk to reward 1 at the price of 29023 risk free with trail stop Profit limit 28,791 ------------- Long position After 29529 4-hour support at the price of 29,683 risk-free with trail stop Profit limit 29,800 to 29,825
In the last 2 weeks, the Nasdaq and the major indices have slowed down in price, some more substantially, some less, but by and large we can see an overall slowdown. Looking at the graph above, we can see how the price has stopped on the resistance levels traced by horizontal lines in red data from previous highs and, the bullish channel on which it is moving, it...
Hello, everyone! We have a symmetrical triangle pattern in front of us, and I expect it to break downwards towards the Fibonacci level of 0.55 / 7.436 on the higher time frame. Currently, the MA50 is acting as support, while the MA200 is providing resistance. We are moving within the C movement to overlap equal highs (eqh), from which I anticipate a correction to...
SPY has shown amazing strength this past few months. However, seems like it is about time we have a deeper pullback before running higher. AAPL and META are stocks that I also believe will head lower, coinciding with SPY's current pullback. In the regression channel painted, we can see the the levels are well respected from my algorithm. SPY has fell through the...
As you may already be aware, Bitcoin has recently hit a cap at around $29,000, causing many traders to question the potential for further growth shortly. In light of this, I wanted to share some insights regarding two technical analysis tools, the Relative Strength Index (RSI) and Fibonacci retracement, which might help us gauge the likelihood of Bitcoin's...
TSLL is an ETF of TESLA instruments leveraged 50% - while TSLA has its own range percent from its volatility TSLL does this even more at a lower per share price. On the 4H chart, TSLL can be seen pivoting down in a VWAP breakdown from a high about July 19th. It is now in deep oversold territory supported by the redline of the second standard deviation line...
As you can see, we have another golden cross, which belatedly shows us the trend. It's interesting that last time when this happened, we were there only 2 times. Once CRYPTOCAP:BTC went up, the next down. What is the key difference? You can look at the deviation from MA in the oscillator to see locally overbought, as we can see in 2019, we were quite heavily...
BOIL as a triple leveraged ETF of natural gas futures- has high volatility which can translated to high profits for traders who can accurately harness that energy .On the 2H chart in the time since the reverse split, the price has mostly ranged up and down between the first upper and lower VWAP lines of the VWAP anchored to the high in May. Occasionally it...
On this 4H chart, I see WFC having had a bit trend up and then a retractment through the upper anchored VWAP lines toward the mean running VWAP where I expect a bounce. At present, price action is in a bit of a flat bottom triangle. The ZL MACD supports this impending reversal with bullish divergence in the line cross under a histogram which went red to...
Hi Traders! There is a potential triangle breakout opportunity here on the GBPUSD 4H chart. We are looking for a momentum break and close on either side of the triangle. To the upside we have resistance at 1.27922 and a momentum break and a close above this level we have a target at 1.28499. To the downside we are looking for a break and close below our...
bolingerband simple bouce strategy, manipulation bounce , risk on , risk management,
Currently is uptrend, so I'm waiting price to retest at H4 order block and touching line EMA 200. RR 1:3.
AMEX:SPY August 11,2023 15 Minutes. The downtrend continues. Made another LL 444.71 From August beginning AMEX:SPY consolidating between 445-452 levels. As expected, 9,21,50 and 100 have converged.200 Sloping down. The gap up at open tried to break 200. Failed. If we take the last fall 451.7 to 444.7161.8% retracement is at 449 levels. 200 averages also in...
TLRY dropped from a Head & Shoulders in the winter into the lows in June and July with a lot of trading and accumulation as shown by the volume profile and its POC. Today TLRY took off for a big gainer of a day. But why and can it continue, The 5-minute chart shows plenty of volume support for today's move. The 4H chart shows a scorching rise into the...