We have identified a zone of support and resistance on New Egg (NEGG), an e-commerce platform we visit when building computers. According to Nick Shawn, a popular trader on YouTube, support and resistance zones are merely a location that is convenient for setting up a risk vs reward structure. Since there is no guarantee. Price could go either way. Zones help him...
1. Blue star formed the flag pattern and ready to breakout. 2. In this sector Voltas, HAVELLS, POLYCAB, WHIRLPOOLS started performing Good. 3. Festive season may capture some revenues addition along with its peers. 4. reality sector boom also may capture some revenue.
If price closes above 200$ on the current 3 day candle, we can see a continuation towards 22$, but I tend to see only a small bullish continuation to 220 and then a strong bearish push towards 150. Only if price breaks above 230$ on the weekly timeframe, we can see strong bullish continuations towards 320 and 450$. A break below 190 from here already could make...
Long-term ideas for the next stage (Q4/2024 - Q2/2025). Can check the Puell Multiple indicator to see timing good to buy. Share your ideas in this comment box
We added 4 ascending colored parallel channels in this chart for BTC, with the current BTC price near the middle of its lower channel, ATH and curent Bear Market Low lines and intersections of Low and High channels lines at the moment of the Next Halving at April 26, 2024 at 04:35:51 AM UTC.
It's a scribble, not much to explain. But apparently I have to give a longer description so here you go.
Observe the importance of time in the market as it relates to monthly market moves coupled with dates of the month. Mid-Month as well as end of month are likely to be a reversal condition in the market. Last week of the month is normally a buy expansion model and first week of the month, the market is likely to retrace into a HTF POI before rallying. HTF bias...
it is not good to go with the opposite direction of the market but i want to make some risky profit in the coming pullback and as always risk management is the key
Ever wonder why the market is historically weaker in August and September? On August 15 interest on treasuries is paid from the Fed "other reserves" account which appears to briefly tighten central bank liquidity (normally adverse to risk assets during the QE/QT era). On September 15 the final quarterly tax payment for the fiscal year is due, which seems to be...
Chart mapping/analysis for ASX Small Ordinaries Index ASX:XSO ASX Small Ords ETFs: - ASX:MVS ASX:SSO ASX:ISO ASX:SMLL Constituents (aggregate ETF holdings): - ASX:ANN ASX:AUB ASX:BPT ASX:CNU ASX:CSR ASX:FLT ASX:ILU ASX:JBH ASX:LTR ASX:MTS ASX:NHC ASX:NSR ASX:ORA ASX:PME ASX:QUB ASX:SFR ASX:TLX ASX:VEA ...
He is a dreamer. Let us leave him. Pass. 'Tis not a matter of when, nor if; but simply, how deep ?
I have had the belief that Natural gas should mean reverse upwards. I own some Norwegian gas stocks (BW LPG and Avance Gas) which are performing very well. Why is this not following suit? I own it and currently -15% in performance. Ideas anyone?
ASX All Ordinaries Gold Index Constituents: ASX:ALK ASX:EVN ASX:GOR ASX:NCM ASX:NST ASX:PRU ASX:RMS ASX:RSG ASX:SBM ASX:SLR ASX:WAF ASX:WGX
hello traders, regarding days left to next halving which suitable enough for a sharp move. We're much more interested in buying Bitcoin! It has been long since we bought bitcoin and we aim to keep most of them. here by buying and selling I mean increasing and decreasing our cryptocurrencies basket volume. (for more information of halving read the related...
In the last days of the month, we buy gold in 2 buy zones as shown below, and take profits at 1935-40. And when you get there, set up 2 sell orders with 2 lower take profit levels. I still want to hold Gold for the long term at a lower price, so I continue to pay the market price 8-) 8-)
Newcastle Thermal Coal Futures breaking out of short-term downtrend + Neutral-Bullish Accumulation around 78.6% Fib Retracement. Still within larger downtrend after steep sell-off through later half of 2022 into 2023. (Coal) embers likely re-igniting due to recent China stimulus measures & other macro-economic influences, TBC. Highlighted preliminary Trading...
Performance comparison between Global X Uranium ETF versus U308 Futures. One of many Momentum Indicators out there that track Bullish movements in Uranium Sector. Uranium stocks haven't always been closely-correlated to Futures due to their "risk-on" nature...so when stocks start outperforming when Futures + other confluences are also rallying.. You might have...