This could be a great opportunity to gather passive income. The price is landing on a strong monthly support at 33-34. The next support level is at 28. Buy here and sell covered calls. Example: 100 stocks at 34.4 = $ 3440 1 covered call exp 05/24 a month from now. Strike 36. Cost $ 108. Profit %: 100*(108/3440) = 3.13% a month. If you do it every month is close...
End of day update from us here at KOG: A decent day on the markets with the perfect example trade coming from gold. We said yesterday the ideal trade would be a move down into that support level where traders should look for the tap and bounce. We had the red boxes and that level of 2291 highlighted which gave the first opportunity together with the structure...
📊 Analysis: Support Consolidation: OM has shown prolonged consolidation at the support level, indicating potential accumulation. Entry Range: Consider laddering into a long position between $0.65 to $0.70, leveraging the current support zone. Profit Targets: Target profits at $0.85 to $0.90 or $1.00 to $1.05, corresponding to significant resistance levels. Risk...
THIS is my idea about Pound prices ,i will wait the short term buys ,I am looking out to see if seller will step in at 1.2600
AKT was a premium purchase in the weekly demand zone, I did oblige. Here we see short-squeeze god candle, my favorite. My medium term target is 7.9$ remains. Lots of resistance around 6 - 6.2$ though.
Potential reversal pattern forming, after price rejected off the higher timeframe resistance zone (Weekly). To confirm this pattern as valid, I would first like to see a shift in structure (A breakout of the previous higher low) then wait for price to retest structure as new resistance, showing a shift to a downside towards the 2 zones below to complete the pattern.
NYSE:AXS looks incredible good if this inverse head & shoulders fromation plays out. The price is currently on a -95% retracement from it's ATH, talking about barghain this could be once serious opportunity to buy cheap and make profits. If crypto bullrun continues, we could be ahead of a massive move incoming, target is 140 usd or the sky, if CRYPTOCAP:BTC ...
BANKNIFTY closed below va 1. gapup 48100 long till 48300 2. 48100-47900 trade breakout 3. gapdown 47900 short till 47800-47700
NIFTY closed below va 1. gapup 22420 long till 224800-500 2. 22400-22350 trade reversal 3. gapdown 22340 short till 22280
Price looks to be bouncing nicely on the 4h correcting to the upside, Price will likely continue to the downside after taking liquidity at either 67k or 68k verifying a healthy pullback to strengthen a large sell off.
Hello there, GBPJPY has the potential to reverse the bearish momentum to an uptrend. The bullish directional bias is 192.431 with two price targets. If the price goes below 190.322 then that will invalidate the setup. Happy trading, K.
Audcad has recently sweep the sell side liquidity, as we can see that on 4H TF it respecting the supply zone. the price is in the discount zone
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
End of day update from us here at KOG: Further to yesterdays KOG Report, no longs as planned. Before open last night, we identified a move to the downside, price didn't give the pinpoint entry we wanted but moved nicely into the levels we wanted giving us the break of 2370-75 as planned on the report, bias levels hit and complete for now! So, what now? We're...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
We observe weakening of Gold over a week. It has to get to the previous psychological (support) levels. Good Luck!
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Stock has formed a base at 25 and 50 level acts as a strong support Resistance levels 74 and 87 CLose above 87 will take the stock to 200 Stock can be accumulated above 50. Disclaimer : It's not a buy/sell recommendation. Posts/views are only for educational purpose.