1) The stock is in uptrend in all major timeframes. 2) The stock is in weekly consolidation since JAN 2024 - 4 Months old weekly consolidation. 3) The stock shows strong volatility contraction in Daily, looks poised for breakout. 4) Weekly,Daily,4H & 75 min RSI Intact - Momentum in play. Entry around 230, Best - Between 215-220. SL - 214 Daily closing...
The stock has broken upside of it's important supply region - 2018 all time high levels , clear Volatility contraction in place. Breakout and Retest has happened - level - 162. As per the Technical pattern, target of minimum 236 is seen. As mentioned in charts, My entry at 178 with an SL of 5%, target of 30% - 236 - Trailing as per Price Action.
BTCUSD on a 60-minute chart had been ascending in a channel but now has broken down and has dropped below the channel support trendline. As to whether it will retest that trendline which is now resistance remains to be seen. However, the MACD lines are under the zero level and RSI lines under 50, lends support to a reversal at this time. Volatility is...
Stock has made beautiful VCP pattern and Volatility and volume have both dried up suggesting that there may be no more sellers left. The Q3 result has also been declared. One can also see a clear triangle pattern although the stock has not broken out. To me it looks set to make new highs.
COUR is currently in the expansion phase (contraction, expansion, trend phase) and is on -2 SD extremes. TP: 20.96 SL: 16.50
DIA tracking the DOW widely in an ETF format on the two hour chart had a 7% rise in the past month which was widely followed in the investment media. I believe that it was a bull trap. In the past week price action has been sideways while the Stochastic RSI shows bearish divergence as does the zero lag MACD. Tradign Volumes has fallen off since burst of...
VCP Pattern Formation ✅UPTREND:- Above 200MA ✅Near 52week high ✅Volume Contracting Another contraction of about 5-8% Expected before the stock again makes new high (Not a buying or selling recommendations)
CME_MINI:NQU2023 - PR High: 15316.25 - PR Low: 15273.75 - NZ Spread: 95.0 08:30 – Retail Sales Maintaining relatively wide NZ Spread - MNQ Balance: 15295.25 - 15314.25 - Strong inventory response prev 2 sessions' low - Daily pivot created, engulfing Friday's range Evening Stats (As of 12:15 AM) - Weekend Gap: N/A - Session Gap: -0.33% (open > 15807) -...
Any Idea about this Stock? Guess What - Huge Volume whooping 50M+ Accumulated by institutional buyers over last 3-6 months. Strong resistance near 200 MA 200 MA Break out. Silent for some weeks, eliminating weak hands! Necklace completion at 101 level, CMP around 59 Guess the Move ahead!
The leader of the industry right now is NASDAQ:MDB , but those not have any exposure to the #crypto market. MicroStrategy provides enterprise-ready analytics, mobility and security software platforms for various industries. Historically, NASDAQ:MSTR has outperformed AMEX:BITQ , I chose this ETF as a proxy of its peers as is better balanced than...
CME_MINI:NQU2023 - PR High: 15123.00 - PR Low: 15104.75 - NZ Spread: 40.75 !FOMC DAY! Holding the highs of yesterday's range. High volatility expected, AMP increased margins to 25%. Economic Events: 08:30 – PPI 10:30 – Crude Oil Inventories 14:00 – FOMC Economic Projections FOMC Statement Fed Interest Rate Decision 14:30 –...
We can try to predict when the Federal Reserve may pivot to a less hawkish stance by using charts. Below are some helpful charts. 1. Money Supply The chart shown above is a monthly chart of the U.S. money supply (M2SL). The white line shows the money supply over time. Below the white line is a stepped moving average (9 period), which I consider the 'steps...
CME_MINI:NQH2023 - PR High: 12537.25 - PR Low: 12510.00 - NZ Spread: 60.75 Evening Stats (As of 1:15 AM) - Weekend Gap: -0.35 (open > 12616) - 8/19 Session Gap: -0.04% (open > 13237) - Session Open ATR: 276.69 - Volume: 20K - Open Int: 273K - Trend Grade: Bear - From ATH: -25.3% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 12959 - Mid:...
Adtalem Global Education is a leading healthcare educator that partners with organizations to address workforce needs and empower career development across the medical and healthcare industries. I've been watching this stock for a while and finally is signaling an actionable pivot buy. Price is close to its 50-day MA which can act as a good support level. I'd...
Notes: * Very strong up trend on all time frames * Great earnings in the recent quarters and in general * Creating a base on base pattern for the past ~8 months * Price is mostly keeping above its 50 day line since mid April with a few dips below * Volatility is contracting with signs of accumulation Technicals: Sector: Consumer Defensive - Discount...
With the US. Economy showing signs of a decline in growth be it through the freezing of hiring of new employees, personal savings decline even worse than before the pandemic, sky-high interest rates, etc. and with conflicts arising in Eastern Europe and the South China Sea putting a strain on resources, it brings to question whether or not everything should be...
CME_MINI:NQU2022 - PR High: 11843.75 - PR Low: 11808.00 - NZ Spread: 79.75 Evening Stats (As of 1:00 AM) - Weekend Gap: = -0.09% (not filled) - Session Open ATR: 346.81 - Volume: 31k - Open Int: 254k - Trend Grade: Bear - From ATH: -29.5% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 12390 - Mid: 11820 - Short: 10680 Keep in mind this...
CME_MINI:NQU2022 - PR High: 11433.75 - PR Low: 11404.25 - NZ Spread: 66.0 Evening Stats (As of 11:20 PM) - Weekend Gap: = -0.74% (last week - not filled) - Session Open ATR: 421.04 - Volume: 154k - Open Int: 234k - Trend Grade: Bear - From ATH: -31.75% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 12390 - Mid: 11820 - Short:...