❗️IMPORTANT MARKET UPDATE!
The SPX itself is currently retesting this resistance of this expanding flag, we will either reject from here, or we have a fakeout until our Point of Interest (POI) and we continue going to the downside and retest a major level of support (Around $3,000).
I haven't posted in a while because since I entered a position in my SPX index fund, there hasn't been much to say. Until now.
I'm posting this chart to show my updated levels & chart analysis. I'm NOT adding to this position until we retest the (diagonal) white line,
indicating the current trend that we are in. At which point, we will either hold the trend for a...
Youtube still wants to short it... but we come from a Monthly Orderblock. Shorting is DONE! Now the Buyside is target. They will create the "bullish breakout" and all the Buy stops get taken into the market. This is when everyone thinks crash time is over. But do you think economy is good? This displacement that they will create above the highs will trap everyone...
I believe this chart is so important it warrants revisiting the data. Indeed, the fed has to be cognizant of this same data and is most certainly is watching it closely. Therefore, we must do the same. In this video, I am going to explain why the housing market data, even though it's week, supports my thesis of a blow-off top in the stock markets this...
I say watch the yellow.
I understand it was HUGE that we broke through the trend that was highly compressed everyone's been watching on the tops and peaks and now that diagonal line is broken. However, I'd argue that this other diagonal as well as the Horizontal near it also may cause some near-term Resistance. however ultimately, I'm ok with the UP and called...
CF Industries Holdings, Inc. is an American manufacturer and distributor of agricultural fertilizers, including ammonia, urea, and ammonium nitrate products, based in Deerfield, Illinois, a suburb of Chicago. It was founded in 1946 as the Central Farmers Fertilizer Company.
After growth of about 500%😱 in the last two years, CF Industries Holding has finally...
ES will print and complete ABC structure next week for big move up
Bulls will be caught here now; as they are looking for long right now for break of trendline for move up
and Bears will be caught next week; as they will be looking to break october low; but which will not come; as this will be ABC move for one more up on daily time frame.
As I said in my last Idea, I expect a bullish expansion for the s&p above the old highs to reach buyside.
A bullish week is likely to form the low on Mo-We. It needs to go to a discount and trigger sell stops before going higher. There are some discount arrays below 50% of the current range to be hit tomorrow. Expect a low of the week to form at the levels noted...
Is Tencent Stock a Buy Now?
Tencent posted its third quarter earnings report on Nov. 16. The Chinese tech giant's revenue fell 2% year over year to 140.1 billion yuan ($19.8 billion), which represented its second consecutive quarter of declining revenue since its IPO in 2004. Its net profit rose 1% to 39.9 billion yuan ($5.6 billion). On an adjusted basis, which...
Hello Fellow Global Stock Traders, Here's a Technical outlook on AKRA!
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
Price Action Analysis
AKRA is moving above its bullish trendline. Recently, AKRA has rebounded on the Fibonacci Ratio Area. Furthermore, The Breakout of the Bullish Flag Pattern also gave us a...
Since early November, when China initially hinted at lifting statewide Covid restrictions, a basket tracking assets linked to the Chinese reopening story has surged by 22%.
In the last 11 weeks, the China reopening basket, which is equally weighted with copper , Korean won , Australian dollar , and the Hang Seng index , has outperformed a global stock market...
The S&P 500 is headed for its best January since 2019, when it gained nearly 8%. So far, the market index is up ~5.0% this year, following a 19% loss last year. But this rally might have paused for the time being, as the Federal Open Market Committee begins its 2-day meeting. After which, the Federal Reserve is expected to hike its interest rate by 25 basis...
Ford - 30d expiry - We look to Buy at 11.21 (stop at 10.55)
Levels below 11 continue to attract buyers.
A lower correction is expected.
We look to buy dips.
We are trading at oversold extremes.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Our profit targets will be 12.77 and 13.07
Resistance: 13.50 /...
OKTA - 30d expiry - We look to Buy a break of 74.31 (stop at 68.78)
Short term bias has turned negative.
A break of the recent high at 74.31 should result in a further move higher.
Short term momentum is bullish.
Price action looks to be forming a bullish flag/pennant.
The bias is to break to the upside.
Our profit targets will be 86.96 and 87.96...
I think this stock will be a multi bagger stock because due to increasing demand of copper for EV's and cables and many other uses of the copper and it is government holding and biggest player in copper of India.
DISCLAIMER - IT'S MY STUDY PONTS NOT ANY RECOMMENDATION. THIS IS ONLY FOR STUDY PURPOSE.