Hi Abu Dhabi National Oil Company (ADNOCDIST) ready for Jump ENTRY:4.28 SL:4.20 TP1:4.75 RR=10% for First TP
Major Indexes were mixed heading into the weekend with Asian and European markets ending with gains while the US moved lower. US bond yields spiked higher and the USD found buyers to pressure up off support as the focus remains in 'sticky inflation' and more rate rises to come in the US. US earnings is under way with big banks finding buyers as they benefit from...
As on Chart Analysis ITC can make new High @ 425 in coming few days it can move from 395 to 412,425 only for education purpose....
buying above this zone is good because it is showing good constantly increase in delivery percentage ...
Luxury shares boost Europe's STOXX 600, French stock index TVC:CAC40 hit new record high. European shares climbed on Thursday on a boost from luxury stocks after XETR:MOH posted upbeat first-quarter sales, while hopes of a pause in the Federal Reserve's rate hikes after signs of cooling U.S. inflation also aided sentiment. 👉 The pan-European STOXX 600 rose...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Google stock just recently broke above a quite obvious bearish trendline, breaking out of a multi-month downtrend. You can also see that weekly market structure is bullish again, we already broke above the $100 resistance area and...
HDFC bank looking good & Looks like a perfect cup with handle pattern so ready to bullish rally
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Tesla stock is about to once again retest a previous weekly support zone exactly at the HKEX:175 area. You can also see that weekly market structure is bullish again so I am now just waiting for a deeper retest of the area before I...
A stock in a strong uptrend, has given a breakout with volumes. A good buy above 400 with a favorable risk reward ratio Entry - Above 400 Stop Loss - Below 386 Target 467+
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Apple stock is currently retesting a quite obvious previous weekly downtrend resistance line exactly at the $165 area. Also just recently Apple stock created a weekly inverted head and shoulders so I definitely do expect the market to...
Major Indexes were either range bound or weakened in Europe and the US. The DAX drifted lower from the open and the FTSE gave up most of the earlier gains into the close while the DOW ended slightly higher and the Nasdaq added to the previous sessions losses to end lower. Traders will be risk adverse coming into Easter and add to that the US employment data which...
Based on the 15 min intraday chart of SPY as of April 5, 2023, here is a possible analysis: Supply Zone: $407.91 - $408.67 Demand Zone: $405.88 - $406.50 Support: $405.88 Resistance: $408.67 The analysis is based on the following factors: Technical Analysis: The supply zone is formed by the high of the day and the open price of the last candle, while the...
Major Indexes moved lower as banking concerns weighed on the US along with fears of an economic slowdown. Employment data out in the US disappointed and pointed to a slowing jobs market which sets up for an interesting Payrolls release Friday. The USD took a hit, which supported Gold, as traders start thinking of a recession. Being the end of quarter, we may see a...
This publication was partially created by ChatGPT AI, under request to Offer Twenty Practical Tips On Why People Should Buy Gold. Good or bad, y'all be the judge. But here's what ChatGPT said... 1. Gold is a stable asset that is not subject to inflation and market changes. 2. Gold can serve as a good way to protect against economic crises and political...
Wait for the price to rejected from the potential reversal zone ( PRZ ) its is likely to reverse the trend from point D and divergence should be formed to reverse the trend. Trade plan is mentioned in the chart. Manage your trades accordingly.
What we can see on the chart is a falling wedge pattern. The price is still moving inside the pattern, once it breaks above the trendline it can be a good momentum to enter long. Do not forget to put the stop loss under the wedge . Possible target area is shown on the chart.
What we can see on the chart is a rising wedge pattern. The price did not break out of the pattern yet. We are expecting that the price will break down and continue the previous downtrend. The stochastic shows us that the price is overbought but it is not pointing downwards yet. How to trade: Enter the short position only if/when the price breaks down out of...
hello traders, Get ready for Stock Market Crash - of 2023 #VIX is now on a major support and growing consistently, on the week of April 24th 2023, it will break out of resistance and shoot up. Therefore, Bulls only have Two more weeks, then Bears will take over, and it will be the Stock Market CRASH of the week of April 24 2023. I will be liquidating all my...