NRIX , on the 15 minute chart is experiencing increase volatility and volume now two days out from its earnings report. It printed a "big ass" green engulfing candle to finish the week. The MACD with zero lag shows a bullish inflection in the lines On the daily chart, price fell about 25% in 2023. earnings have been both line beats but the negative cash flow...
Ravencoin just printed a morning star on weekly TF, looks promising for mid/long-term recovery towards 50MA resistance. ⚡️⚡️ #RVN/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Long) Leverage: Isolated (1x) Amount: 10.1% Current Price: 0.01924 Entry Targets: 1) 0.01703 Take-Profit Targets: 1) 0.02713 Stop Targets: 1) 0.01198 Published By:...
Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Id
AMEX:SPY February 27, 2024 15 Minutes. As expected a small retracement happened and 505 was protected yesterday. For the move 503.02 to 510.13, nearly 61.8% retracement is done. For the fall 509.06 to 505.86 507-508 will be a good place to short. For the rise of 493.56 to 510.13, we have a 61.8% retracement of around 500 levels. For the day I will short...
WDAY provides software for large enterprises; it reports Monday the 26th after market hours. On the 15-minute chart, it is surging. A recent news catalyst was an upgrade to a target of $ 350. My call options went double digits from a buy on Friday the 23rd at the opening bell. This looks like a good one for earnings scalping whether it is with shares or a...
We have topped for this cycle. No one wanted to buy at 15k. Everyone wants to buy after the government says it’s okay to buy after the ETF.
Material stocks have been stuck in a tight range since the bear market began almost two years ago. But they could be showing signs of a potential breakout. The first pattern on today’s chart of the AMEX:XLB Materials Select Sector SPDR ETF is Friday’s last print of $86.83. It was the highest weekly close since May 2022. That may suggest that investors are...
PANW Dropped 25% overnight after disappointing earnings. The 25% drop brought it perfectly down to the 200 EMA and right above a major pivot. If it holds the 200 EMA, this could just be an aggressive but potentially healthy pullback for a stock that has been technically overbought for over a month.
Jefferies Financial has been a tight range near old highs, and some traders may expect a breakout soon. The first item on today’s chart is the ascending triangle since 2024 began. The investment bank was initially trapped under $41, but more recently has pushed above that level. Is it breaking the continuation pattern to the upside? Second, JEF is near the...
Above compressed EMAs on 1H, above 4H EMAs, EMAs compressed on 1D. Buying a Local Low. If we don't get stopped out, how high can it go?
I previously published the idea of shorting GE. It has now pulled back more than 4% on the retreacement. The short idea paid well using put options to profit from the pump of earnings expectations. Earnings were great but the run up was too much for traders. GE has now retreated and is ready for a long entry. Price is now in the undervalued range of...
Hindustan Unilever has successfully validated a cup and handle pattern and is well on its way to 3600 levels, which would be the first obvious target. Stoploss levels would be 2400, although I would personally use ATR or Supertrend or 50DEMA as a trailing stoploss from here on. That said, please do follow appropriate risk management and position sizing principles.
Tata Consumer Products has created a double bottom pattern on a weekly timeframe and given a decent breakout on a daily timeframe, making it an ideal buy candidate. Being an FMCG sector stock in India, which has an ever increasing population, also a very young population, makes FMCG stocks a very safe bet for a few years. Add a decent setup from a technical...
on the 4H chart is showing a round bottom reversal at the bottom of the high voume area and rose over the POC line of the intermediate-term voume profile. Price now has room for a 50% move to the top of the high volume area at $ 52. The chart shows the relative volume indicator supports a long buy as does the dual time frame RSI. A speculative call option...
$AMEX: SPY February 26, 2024 15 Minutes. The retracement did not happen. SPY was sideways on Friday. Consider the 2 rise. 493.56 to 510.13 and 503.02 to 510.13 On Thursday we had a $5 gap. I am not at the moment expecting a gap to be filled. Holding 505 is important today. 100 average is around 502 levels sloping upwards, hence on a pullback I have a target...
NASDAQ:MSFT is showing bearish divergence on the RSI on the daily timeframe. We also see that price action has started to consolidate and the shorter term moving averages starting to curl. The $400 whole number would be a good entry to take MSFT short. Short under $400 on MSFT.
While the daily shows a spike in momentum coming up tomorrow on the PPM1 with a corresponding spike in the 10 SMA, the weekly chart still looks bearish with momentum not yet in downtrend but all underwater. PPM1 on the weekly looks to head further south and the 10 SMA with it. The direction of the longer period SMAs are also looking to only stabilise after...
Natural Gas has gapped up to the 21 SMA during tonight's futures open and appears to be setting up for one last decline to fill the gap, but I think it will likely overshoot the gap and come down to the HOP level of the Bat down at around $1.50 to compete the BAMM, from there we may see natural gas attempt a bottom.