CAN has been one of, if not THE, worst performing mining stocks this cycle. Like the rest, it's completely decorrelated from the recent BTC price action and looks a little oversold to me. Weekly RSI divergence been building really nicely though since end of December. Just publishing this idea to track how it plays out post-halving. I might take a small punt if...
The price of APPLE will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️
recent article on Barron's chip makers are facing more competition, I did talk positive about AMD growth but mention about Cerebras Systems with a new IPO this year and a faster chip that will more than double NVDA's. The is still some selling pressure but we are reaching some good support and volume has decrease a bit on sell days.
If you haven`t sold the Double Top on UPS: Then analyzing the options chain and the chart patterns of PUPS United Parcel Service prior to the earnings report this week, I would consider purchasing the 142usd strike price Puts with an expiration date of 2024-4-26, for a premium of approximately $3.45. If these options prove to be profitable prior to the earnings...
If you haven`t bought the dip on PM: nor sold the top: Then analyzing the options chain and the chart patterns of PM Philip Morris International prior to the earnings report this week, I would consider purchasing the 92.50usd strike price Puts with an expiration date of 2025-1-17, for a premium of approximately $5.80. If these options prove to be profitable...
By the technical analysis, SOXX plunge into $178. AI semiconductor may be risky. NVDA may plunge to $565 till june.
NASDAQ:AMD is trading at a PE multiple of 296. Their CEO has done a very good job building confidence in the company but unfortunately the euphoria is over. The numbers don't jive and the market is starting to come to grips. Time for a reset of expectations. The Psychological Pitfalls of a Market Cycle at its finest
on a weekly chart, APPL is not done with selling, maybe if they cut some heads might give it a short term boost but overall I see some targets for the down side with STO still on sell mood
Barrick Gold, NYSE:GOLD , a prominent mining corporation, has recently achieved a noteworthy milestone by reclaiming a critical trendline on the weekly chart and stabilizing between the 78.6% and 88.2% Fibonacci retracement levels. Our initial investment was strategically placed at $14.77, located within the highest volume area observed since 2008 according to...
ZB1 continues to trend lower, with a brief respite after finding support liquidity on Tue 03 Sep '13. This occurred alongside a favorable market environment following a drop in inflation. However, after Q1, the Fed announced that interest rates would remain fixed until 2025. This has led to a continuous decline in ZB1, targeting lower lows and aiming for...
Buying NASDAQ:META and NASDAQ:NVDA : Balancing Risk and Reward Despite the recent market downturn, the long uptrend and strength of Meta and Nvidia remain intact. While short-term market fluctuations may present challenges, the long-term growth potential of Meta and Nvidia outweighs the current market volatility. Risk-Reward Profile: While investing in any...
Despite the recent market downturn, the long uptrend and strength of Nvidia and Meta remain intact. While short-term market fluctuations may present challenges, the long-term growth potential of Meta and Nvidia outweighs the current market volatility. Risk-Reward Profile: While investing in any stock carries inherent risks, the risk-reward profile for Meta and...
Tesla is forming a gartley pattern, If it close below 237, it can get into a bear grip and can see 223/200/177
As I have mentioned a few times, the share should move lower and the catalyst of non-reporting of new subscribers next year, did the trick. Lesser disclosure, means the market will not like it. For now, we had a large decline, and there will be some minor recovery for a SELL strategy again. Strategy SELL @ $ 575 - 590 and place SL above $ 650 and take profit @ $ 475.
At Zscaler, we believe that the subordinate Wave 3 has definitely concluded at 259.61$. Currently, we are in search of Wave 4, which is turning out to be unusually long and has already dropped below the critical level that we had considered as the last reversal point. This significantly diminishes the likelihood of a successful entry, prompting us to refrain from...
Short if the price break through 196.12. Target price around 110. Set a stop price around 206.
-Weekly 26 EMA pointing upwards suggesting an uptrend. -A successful visit on the 26 EMA is recognized as well. -FED rate cuts paused. -There is a rumor that wants bank regulators to propose limitations on the compensation of the executives. Long sentiment. -Price inside a negotiation area that forms the lower edge of a bigger range. Entry after the...