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USOUSD Short - 1h - October 8th 2024Based on the weekly chart, price is expected to push lower after jumping higher at the opening. Looking at the short term PF, price should pull back up to the 0.5 parallel to retest which is now a resistance after the harsh daily rejection. After that, we expect it to continue lower and fully form the bottom wick of the weekly candle. We can see we have some confluence between the 50 EMA cloud and the ceiling mentioned above which makes a good entry for sells.
VANTAGE:USOUSDShort
by MisterPitchfork
BITCOIN long setup / Bulls or Bears, Tell me in CommentsBINANCE:BTCUSDT COINBASE:BTCUSD Hello Traders 💥Long position on BTC SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage 👾The setup is active but expect the uncertain phase as well. ➡️Entry Area: Yellow zone ⚡️TP: 63,900 64,500 65,300 66,150 67,000 🔴SL: 60,100 🧐The Alternate scenario: If the price stabilizes below the trigger zone, the setup will be cancelled.
Long
by UnknownUnicorn18258085
1
Can $ES Overcome Resistance or It's Another TumbleES has been stuck around this level for a while, this is the point that sent price tumbling in July. This would make sense as the TVC:DXY is also finding support on the 200 week moving average. The longer we take failing to break this level we can be assured that the Dollar will have a cycle low and force the stock market down. The setup in the market is not for one to assume risk but rather manage positions established already, from here markets can unwind for a while and put one under water.
CME_MINI:ES1!Short
by runyamhere
CHAINLINK long setup / Bulls or Bears, Tell me in CommentsBINANCE:LINKUSDT COINBASE:LINKUSD Hello Traders 💥Long position on LINK SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage 👾The setup is active but expect the uncertain phase as well. ➡️Entry Area: Yellow zone ⚡️TP: 10.62 10.72 10.85 10.94 11.08 11.20 🔴SL: 9.99 🧐The Alternate scenario: If the price stabilizes below the trigger zone, the setup will be cancelled.
Long
by UnknownUnicorn18258085
Alibaba: Cheap PricesAlibaba continues to position itself as a dominant force in e-commerce, cloud computing, and international growth. With new developments and expanding global influence, the company offers significant upside potential for investors & business owners and consumers. NYSE:BABA [Financial Performance: Revenue Growth: Alibaba reported a 5.9% year-over-year increase in revenue, reaching ¥950.25 billion for the 12 months ending June 2024. This growth is driven by robust performance across its core e-commerce platforms and rapid cloud computing expansion​ Cash Flow: Alibaba has demonstrated a solid cash flow of $11.04 per share, with a price-to-cash-flow ratio of 7.68, reinforcing its ability to maintain liquidity and pursue investments​ Cloud Computing and E-commerce: Cloud Business Expansion: Alibaba Cloud continues to expand rapidly, now accounting for a significant share of revenue. It remains a strong leader in China, with international expansion efforts helping it challenge other global cloud providers​ International Growth: The company is gaining traction outside of China, leveraging platforms like Lazada in Southeast Asia, a key driver of international growth​ Technical and Market Analysis: Stock Performance: As of September 12, 2024, BABA trades at $85.39, representing a 10.4% gain year-to-date. Despite recent fluctuations, analysts remain optimistic about its future performance​ Price Target: Analysts have set a consensus price target of $107.61, suggesting a strong upside potential of over 20%. BABA's current valuation at a P/E ratio of 18.93 remains attractive, signalling room for growth​ Strategic Outlook: AI Investments: Alibaba's investments in AI are expected to enhance its cloud offerings and improve the efficiency of its e-commerce platforms, making it a leader in innovation​ Long-Term Potential: Despite regulatory challenges and geopolitical risks, Alibaba's strong financial position and focus on international markets make it a compelling investment for those seeking long-term value. ATH? Lol. $84.70 NYSE:BABA
NYSE:BABALong
by lognomics