And why the stock market is about to melt up. The majority of market participants are bearish. From hedge fund managers to popular media outlets, everyone is calling for the crash of a lifetime. The above weekly chart tells a fascinating story. Could talk about it for hours. There are three line charts here. From top to bottom, 1) The Put / Call ratio. This is...
Possible EURAUD Trade scenario on 4 hr timeframe Manage risk Make it breakeven at 1:3 RR Indicator based SMC approach Follow and like for more such setups
🚀 Rocket Lab (RKLB) achieved ten successful launches in 2023 and secured a $515 million US government contract, leading to a 22% surge in shares. The company's success contributes to a 40% increase in shares this year, maintaining a bullish sentiment with an upside target of $7.50-$8.00 and support at $4.00-$4.10. 📈🛰️ #RKLB #StockMarket
Zoom company's video-conferencing service became so ubiquitous during the Covid-19 pandemic that its corporate name became a verb describing the act of firing up a video chat to connect with coworkers online. Zoom shares VIE:ZOOM rose seven-fold in 2020 as sales surged after millions of workers were stuck at home because of COVID-19 restrictions. By 2021,...
The History is happening right here! ✨ Nasdaq-100 Index NASDAQ:NDX just set its Best First Half in almost 40 years since inception in 1985, with amazing 38.75% year-to-date return in 2023. Among all semi-annual results, Nasdaq-100 gain this year is second only to the year of 1999. With historical 61.44% gain in the second half of 1999, glory times shortly...
Jio Fin Services Ltd has been forming a nice rounding structure indicating that it has more upside left once it breaks-out. Once this breakout, it can give 25-30% returns.
Introduction The Santa Claus rally, a well-documented phenomenon in the financial markets, particularly in the context of the E-mini S&P 500, presents a captivating study of market behavior during the holiday season. This rally, often characterized by an uptrend in the stock market, offers a confluence of joy and opportunity for traders and investors alike. Our...
#RBLBANK RBL Bank Ltd has reclaimed a very important level on higher timeframe. We still have 4 days to close the week and then we can be sure about further analysis. However, for now this looks very good.
Telstra Corporation Ltd ASX: TLS ASX:TLS - Telstra 5G wave could do a trick... - Telstra planning to push for 5G instead of fixed broadband telecom line. - Restructuring for TLS has been painful but surely step in the right direction. - Dividend policy has been reviewed that shows that TLS management may be aiming for growth and giving competitors run for...
Buy zone and Strong Support zone mentioned in above chart. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the...
Hello Traders, welcome to today's analysis of Tesla. I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
Tata Consumer Products Ltd (TATACONSUM) is at all time high and at the peak of the Uptrend Channel. Previously the price has moved downwards from the peak of the channel and it looks like it can behave the same. Volume it pretty low. I am shorting this stock. Entry - 950 Stop Loss - 970 Target - 900 Risk to Reward - 1 : 2.5 Share your views in the comment below
LIOC Update on 01/11/2023 LIOC trying to break 50 Daily MA line. If LIOC can close few more daily candle 50 DMA line, then LIOC might run till 200 Daily MA level. So short term target will be 150. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or...
The AMEX:SPY is exhibiting a compelling technical formation on its weekly chart. A classic cup and handle pattern has emerged, signalling a potential bullish breakout. The cup and handle pattern observed over the past several months on the AMEX:SPY not only signals a bullish continuation following a period of consolidation but also aligns with the current...
The US government is well on its way to going into lockdown and shutting down the economy as policymakers are deadlocked over the national budget for the next fiscal year. While leading stock market strategists are not yet terribly concerned about such perspectives, and entertain hopes that investors have a high probability of "getting away with it" with strong...
🏃♂️♾ Meta Platforms(META) ♾ is moving near the 🔴 Resistance zone($332-$315) 🔴. 💡Also, we can see Regular Divergence (RD-) between two consecutive peaks . In terms of Elliott wave theory , the Meta Platforms(META) seem to have completed the main wave 3 at the 🔴 Resistance zone($332-$315) 🔴 with the help of the Expanding Ending Diagonal Pattern . 🌊It is...
Death cross is now appearing daily chart. Closely monitor the GAP indicated in chart and fib levels as well. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible...
CRYPTOCAP:MATIC Polygon on the 1-hour timeframe faced rejection near the 50 EMA line (colored red), favoring the bears as the price broke through the previous support and is now approaching the Optimal Trading Zone (OTZ). It is crucial to remain vigilant, set alerts, and be prepared for the price to descend into this zone. As part of my strategy, a confirmation...