Nifty IT sector near major support @27500/27200 if not close below we seen sharp bounce back .
CHART PATTERN: The pair appear to be creating an ascending triangle and be prone to a new downturn. We will likely see BNB try the 312 level once more before having any kind of breakthrough. OSCILLATORS: Stochastic and RSI are rapidly approaching oversold areas hinting a possible an upward rally in the next few hours/days. LIKELY SCENARIOS: - OPTIMISTIC - If...
The small-cap Russell 2000 Index has been the underdog among the four major US indices since last year. Its post-pandemic rally halted in early 2021, and subsequently, it went sideways for more than a year without making new highs. Meanwhile, the tech darlings continued to go north all the way until the beginning of this year. The first half of 2022 has been...
AUDUSD broke below 0.7134 and hit 0.6987 target. As I said in previous outlook, "Break below 0.7134 potentially target 0.7086 & 0.6987." AUDUSD hit low at 0.6829. Now, AUDUSD rebound and regain 0.6987. There is stiil possibility for a move toward 0.7086, Next resistance at 0.7134, 0.7165 & 0.7266 (former support). Break above 0.7458 would open the way to...
BTC daily chart has now fell into the biggest area of support to stay on track for a nice retracement up to the Golden Pocket Zone. IF BTC falls, these are the areas of support. But look at the RSI...look at the circles I drew up...Every time BTC RSI was OVERSOLD in the Black area, the price made a nice move up. History should repeat itself, right?, take a look...
AMD has a History of outperforming Earnings Estimates. I believe this provides Stark Fundamentals, in order to support the TA Case for a reversal to the upside: > Q1 2021 18% higher than expected > Q2 2021 16% higher than expected > Q3 2021 9% higher than expected > Q4 2021 21% higher than expected With the above earnings in mind. The last 4 Quarterly...
One could roll the dice on Bitcoin, once we hit that support zone between 30k and around 28.5k and speculate on a reflex rallye. Trade setup TP is put on the .50 fibonacci retrace of the last mark down. Would be a decent reflex rallye. Stop below 28.5k support and pull the stop on entry once bitcoin shows some bullish momentum to be safe to the downside.
HBAR is not a project i like nor really trust or think is legit but im still willing to take a chance here for the sake of the chart but that's about it. It's oversold at a Potential Falling Wedge Demand Line on a 5th wave.
The RSI just hit oversold on Bitcoin, meaning a bull season will about to start for the cryptocurrencies. It is very probable that the tendency will revert. LET'S GO PUMP MAY BITSTAMP:BTCUSD
Not a lot of people trade USDTRY. If you are one of them, maybe you want to consider long positions. I am long on this pair. Price failed to break below major support and my fav indicator, stochastic is turning bullish Long positions at market this morning Stop: 14.5414
Netflix Q2 2022 Earnings Report: ir.netflix.net Key Takeaways of Netflix Earning Report > Lowest P/E ration in 10 years of operating. > Revenue is UP 2.06% from last quarter. > Revenue is UP 9.8% from Q2 of 2021 > Operating Margin of 25.1% is UP 19.1% from the last 4 Quarter average. > Diluted EPS of $3.53 is UP 25.6% from the last 4 Quarter average. > ...
HUT broke down from the inverse head and shoulders. It even has candle confirmation - spinning doji followed by bearish engulfing. It is fair to say that the IHS is NEGATED. I see 2 bullish scenarios here on $HUT . In this order: 1. Bullish divergence on $HUT. It can bounce righy here on the 4.50 support and see much higher levels: 4.8, 5, 5.5 and even higher...
INTERMEDIATE WAVE 1 It is likely we have ended this wave although technically the index could still go lower for one more day. This analysis is based on the assumption we have ended wave 1 on April 11 as originally forecasted. INTERMEDIATE WAVE 2 With wave 1 lasting only 9 days, I am expecting wave 2 to last 3-4. Most of the models agree at 4 days. Day 4 would be...
The first 2 pillars on the left price got rejected from 100 Day EMA when RSI's were overbought. The third pillar broke the 100EMA but was still getting/were oversold on the RSI's. The last pillar is close to/has bottomed on the Stoch's and regular RSI is under midline as were testing 100D EMA again. If BTC breaks 100EMA (43.6K) and RSI midline price could have...
ZIL (ZILLIQA) Daily Chart The Breakout started when it closed above the decending trendline. ZIL then made a bullish move upward and blew threw the Bull Market Support Band, which is super bullish for this daily chart. It has now broke past 4 major resistances and moving toward All Time High at $0.25... Price Targets Listed. The RSI is definitely getting...
Dear @elonmusk : I have heard you are facing a huge tax bill. However, there is an instrument which can help you make money. It is NZD, New Zealand Dollars, as known as Sheep Coin and Kiwi Coin. I know you like to find profit from the trips of coins to the moon. I think nzd is a nice instrument, but it is facing offensive spam from hostile market makers. The...
EURJPY pushed higher with strong impulse last month after going all the way lower towards 125.000 psychological support and rejecting it. The current impulse was very intense until it tested the resistance that was present at 137.000 area and rejected it. This rejection was accompanied by the monthly candle closing beneath the key psychological resistance at...
(( Stopped out. Wave counting need a major update ! )) 4th Aug 2021 (( General trend is still down. There will be a considerable Up going counter trend correction . Then we will have another large down going wave . I will publish the update at appropriate time . )) 4th Aug 2021. Above are my last two updates on the idea published on 15th July 2021 ....