A price action above 345.00 supports a bullish trend direction. Bullish confirmation for a break above 356.00. The target price is set at 367.00. The stop-loss price is set at 340.00. Closing the gap in a bullish setup is a positive signal because it suggests that the market has absorbed selling pressure and is continuing to advance, confirming the strength of the...
A price action above 113.00 supports a bullish trend direction. Increase long exposure for a break above 115.00 (just below its 23.6% Fibonacci retracement level). The stop-loss is set at 111.00 (at its 50% retracement level). The price action bounced from some almost oversold territory. Remains above its 200-day simple moving average. Remains a risky trade as...
I'd like to highlight that the Nasdaq has experienced a notable rebound from its December 2023 peak of 16,969 (with a recent low of 16,973) and appears to have undergone a decent corrective move lower. This raises the question of whether the correction is now complete. In my assessment, it seems likely that the correction could be over. Nevertheless, it's always...
Short Term Trading Advice by Naranj Capital Buy American Express ● Buy Range- 232 - 236 ● Target- 247 - 250 ● StopLoss- 227 ● Potential Return- 5-6% ● Duration- 14-15 Trading Days
Tesla (TSLA) is currently trading at $175.34. A breakout above the major resistance level of $300, potentially setting the stage for a price surge toward a range of $374 to $400. However, a fall below the key support level of $175 / $160 could trigger a tumble down to $130.
A descending wedge in an uptrend has led to textbook breakout with Uranium X ETF ($URA) Could be a retest though at 20.50 Weekly chart has been used
As Amazon gears up to announce its first-quarter earnings for 2024 after today’s closing bell (April 30th), traders are poised to capitalise on the potential volatility and opportunities that this news event may bring to the market. Let's delve deeper into what investors can expect from Amazon's Q1 earnings by examining market expectations, growth drivers, and...
Hello guys, Nio stock looks like to me as if we have seen a first impulse to the upside. Now we will see a ABC correction, of which we already saw wave A & B as an overshooting B.(Due to market being too bullish short term) Expect pull back today, prepare the longs between 4.36$-4.03$ Cheerls legends
Weekly shows that the wxy correction has erased all RSI divergence and price also stops at the weekly "order block". A high chance that we will reverse from here. Daily shows that the last leg is likely finished with 5 waves in a C wave. A break above the red declining line will increase the odds that the bottom is in. Very likely as it coincides with the...
perfect techincal figure, with high volume on SX and lower on head , drastic low volume on right shoulder, a solid neckline, Open interest shows that the funds are shorting SMCI, perfect timing to join the train a price target of 500$ is nice.
We can attempt to buy TSLA from specified level if it break LH , trendline resistance , also there is bullish divergence indicate that it move upward. SL , TP mention in chart.
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. The latest forecast for Gold to fall lower with wave ((2))-red has taken place 🎯. Here is the latest update: The broader context suggests that the iv-purple wave may have concluded, and the v-purple wave may be ready to push higher. The short-term outlook suggests that the ((1))-red wave has just...
LMT made a divergence previously and could move towards the upside. its momentum looks very good
CRON Stock Price Forms a Bullish Pattern ahead of the Report The Cannabis Stocks market has experienced a significant decline since its peak in the spring of 2019. The share of the Canadian company Cronos (CRON) then formed a high above USD 24, and trading yesterday closed at USD 2.55. However, even after the CRON share price fell 10 times, there are still...
Possible LONG on META stock off W dz 1/3 RR Maybe it is possible to target opposing D1 imbalance
A price action above 46.00 supports a bullish trend direction. Further bullish confirmation for a break above 48.00. The target price is set at 50.00 and 54.00 (its 78.6% Fibonacci retracement level). The stop-loss price is set at 43.00 (its 200-week simple moving average). Building on its 200-week simple moving average, which might support the upside price potential.
Bristol-Myers Squibb Co. has recently released its first-quarter report for 2024, facing significant financial hurdles due to a high debt load of USD 37bn. With the current high interest rates set by the Federal Reserve, this level of indebtedness could severely constrain the company's ability to grow and invest in new innovations. Adding to its challenges,...
"Today, there's an announcement regarding the performance of NVDA stock. Don't forget to keep track of the results. For those holding orders, it's advisable to close them before the announcement. If you're considering buying, it's recommended to wait until after the earnings announcement day."