Reasons for bullish bias: - Price moving in a bull trend - Playing simple DOW theory - No divergence - Targets are set under fib extension as price is at all-time high Entry Level(CMP): 838.16 Stop Loss Level: 720.27 Take Profit Level 1: 956.05 Take Profit Level 2: 1063.00
Reasons for bullish bias: - Price forming a bullish rectangle - Entry is at breakout of rectangle for further confirmation Entry Level (Buy stop): 828.70 Stop Loss Level: 784.23 Take Profit Level 1: 865.40 Take Profit Level 2: 917.64
Reasons for bullish bias: - Price forming a bull flag - Entry at breakout of pole (Safe entry for further confirmation) - TP till projection Entry Level(Buy stop): 202.04 Stop Loss Level: 184.81 Take Profit Level 1: 219.27 Take Profit Level 2: 242.16
This is my weekly analysis for SPY. Understand carefully and if you have any questions do not hesitate to ask. NOTE: DO NOT SHORT
Granite Construction Inc. has its 5 week declining stock price rejected with bullish engulf candle at the support level (44). Will this rejection cause the price to begin another bullish run? N.B! - GVA price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper...
Reasons for bullish bias: - Price bounced from trendline - Price has tested recent resistance turned support Entry Level: 525.42 Stop Loss Level: 476.00 Take Profit Level 1: 574.84
- Range trading - Playing Support and resistance - Safe entry will be once the level 134.4 breaks Entry Level(Buy Limit): 103.54 Stop Loss Level: 93.89 Take Profit Level 1: 113.19 Take Profit Level 2: 122.84
Reasons for bullish bias: - Price broke last LH - Entry at Fib 0.382 level - Price broke the descending channel Entry Level(Buy limit): 17.79 Stop Loss Level: 14.82 Take Profit Level 1: 20.76
Reasons for bullish bias: - Price formed HH, and has broken strong trendline - Safe entry at breakout HH for bull trend confirmation - Simple DOW theory Entry Level(Buy Stop): 142.49 Stop Loss Level: 90.71 Take Profit Level 1: 194.27 Take Profit Level 2: Open
Roblox ( NYSE:RBLX ), the youth-centric gaming platform, has sent shockwaves through the market with its latest earnings report, surpassing analyst expectations and painting a promising picture for its future. With a surge in daily active users and robust revenue growth, Roblox ( NYSE:RBLX ) is not just a gaming platform anymore; it's a glimpse into the burgeoning...
Hut 8 Corp ( NASDAQ:HUT ), a prominent Bitcoin mining company, has announced the appointment of Asher Genoot as its new CEO. Genoot, who previously held key roles within the company and US Bitcoin Corp (USBTC), steps into the CEO position following a recent merger and amid a dynamic landscape in the cryptocurrency mining sector. The Leadership Transition: Former...
Reasons for bullish bias: - Simple DOW theory - Safe entry will be above 84.44 Entry Level(Buy limit): 80.12 Stop Loss Level: 73.64 Take Profit Level 1: 86.6
Reasons for bullish bias: - Price has made double bottoms - Entry is at neckline breakout for confirmation - Entry is also above strong weekly Support turn resistance, if it breaks we will have more points on our side Entry Level(Buy stop): 117.79 Stop Loss Level: 108.15 Take Profit Level 1: 127.43 Take Profit Level 2: 132.34
Introduction In the whirlwind of global economic fluctuations and regulatory scrutiny, Alibaba Group (NYSE: NYSE:BABA ), the Chinese e-commerce behemoth, has found itself at a critical juncture. Recent developments, including a shift in management and strategic restructuring, signal a concerted effort to navigate a complex landscape of challenges while leveraging...
We continue to locate the Dow stock in the bearish wave (Z) in magenta and expect the price to fall back to our dark green Target Zone on the south side (coordinates: $46.66 - $42.79). Traders could place a stop for long positions 1% below the lower edge of the Target Zone, or in this case 1% below the support level at $42.79. However, it should be noted that our...
Reasons for bullish bias: - Price is at strong weekly support - Price has made a HL - Entry is at breakout of last LH for further trend confirmation Entry Level(Buy Stop): 153.03 Stop Loss Level: 122.18 Take Profit Level 1: 183.88
Disney, a global entertainment conglomerate, has been facing challenges in recent years. The company’s traditional revenue streams, such as theme parks and movie theaters, have been hit hard by the COVID-19 pandemic1. Furthermore, Disney’s streaming service, Disney+, while successful, is facing stiff competition from other platforms like Netflix, Amazon Prime, and...
Short Thesis: PayPal’s stock has been underperforming due to increased competition and growth concerns. Despite the company’s efforts to reinvent itself through AI-based products, it’s uncertain whether these initiatives will be enough to regain investor confidence and compete effectively in the rapidly evolving fintech landscape. Therefore, there could be a...