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...
There was some hype about this stock after the news of Nancy Pelosi getting in on the action in the options market after the infamous slam dunk on the NVDIA stock, so I decided to russell up a little exotic background for the future that might come. As you can see I don't envision a highly bullish path for this one on the longer run, it could get bumpy, but this...
Based on the economic indicators and forecasts for 2024, the US dollar is expected to be stronger than the British pound. This is due to several factors, including higher projected GDP growth in the US, potentially more persistent core inflation in the UK, and the possibility of the Bank of England cutting interest rates in mid-2024, which could weaken the pound...
this one might just straight up be an overkill but its all fun and games :) Happy Trading !!!
Hi Traders ! On Tuesday 16 April, The USDCAD Reached The Resistance Level (1.38088 - 1.38549). The Price Formed a Head and Shoulders Pattern. Currently, The Neckline is Broken ! So, I Predict a Bearish Move 📉 TARGET: 1.36300🎯
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...
I know a lot of people were following the NASDAQ:HUT idea, so I thought I'd give an update here. Most people are convinced the miners are heading higher here. I do agree, but I don't think the trade will be as easy as longing this move. With a rejection of this level, it sets up a move down to the lower support level around $5.59-$6.33. Once that level gets...
STAR experiencing a falling trendline breakout on the monthly timeframe. Traders observing for potential continuation of bullish momentum following this breakout. 📈
~4.45pm - ~5.05pm this trading session overlapped with the previous one maybe take more trades than one (generally speaking) and just cut the risk? Other SL/ TP rules -1 trade: Normally good, under these conditions however: bad trade Total PnL: -3.6 pips (-1RR)
4.45pm - 5.05pm was a good session today - it was a pretty short one though Im posting this a little too late but idc 1 trade: veri gud trade, winning todays PnL: +4.4 pips (+1RR)
CARVANA NYSE:CVNA - Feb. 15th, 2024 BUY/LONG ZONE (GREEN): $48.00 - $60.00 DO NOT TRADE/DNT ZONE (WHITE): $40.00 - $48.00 SELL/SHORT ZONE (RED): $25.25 - $40.00 By request. My main focus would be on the range between $40.00 - $48.00, this area has determined the trend five times, which are seen each time price touches and breaks or touches and rejects....
📊 Analysis: Support Reaction: KAS has demonstrated a positive response at the $0.12500 support level, accompanied by a structural change on lower timeframes. Entry Range: Consider entering the trade between $0.12 to $0.13, aligning with the current support or look for lower support around $0.10. Profit Targets: Target profits at $0.155 or $0.25, representing...
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
📊 Analysis: Support Retracement: Bitcoin Cash (BCH) has undergone two substantial upward waves, followed by a retracement to a key support area. Entry Range: Consider entering the trade around $500, aligning with the current support level. Profit Targets: Aim for profits at $630 or $750, potential resistance levels. Risk Management: Set a stop-loss based on daily...
Top-down analysis for Dollar Index. Price action after US PMI report. Important key levels. Potential scenarios. ❤️Please, support my work with like, thank you!❤️
Price has been in a bullish momentum since the beginning of 2024 and has broke the all time high of 151.681 in the daily time frame. Price has remained bullish and will continue to remain bulish until the 156.900 to 158.000 area. Using Top Down analysis, a clear liquidity has been taking on the 1Hour time frame, with a break high on the retracement and break above...
The Binance Coin (BNB) price is attempting a fresh rally, buoyed by a surge that surpassed the crucial $550 resistance zone. This positive momentum has ignited optimism among investors, with analysts suggesting a potential extension towards $630 and beyond. Breaking Through Resistance: A Bullish Signal BNB's recent price action hints at a bullish resurgence....
Hello traders.. EurUsd is about 87 pips from our monthly support level at 1.057.. not too far. The closest we've come was last Tuesday during the hawkish fed speech. Protecting against higher inflation is indeed important and slowing down economic growth as a result may be the only way. The weekly candle is back to being at Break even. The Daily candle today...