This Tasty Treat is at the bottom of the Channel, as you can See. Springboard, with that Strong Marubozu. I dont Even have to Tell you, What's Next...!
Short Term Trading Advice by Naranj Capital Buy Alphabet ● Buy Range- 152 - 155 ● Target- 162 - 165 ● StopLoss- 147 ● Potential Return- 5-6% ● Duration- 14-15 Trading Days
The stock market price of this company has reached its historical peak and is taking a logical and long-term rest But this price correction based on the technical patterns drawn by me and Paz and fake market levels will continue up to the price channel of 140.
Sezzle gonna Sizzle your Portfolio! We got This.
Buy $4 dollar stock. Sell $7 or $12. place Stop loss 0.50c below the dashed-line for your protection. Live-Laugh-Love. Let's make 2024 great.
As you can see in my related ideas section, I opened a position in NASDAQ:GOOGL on April 1, 2024 and decided to sell my entire position around April 15-18. Therefore I missed the upside on breaking out after earnings. Here are the main reasons why I decided to sell. The overall market was very weak during that time. The main indices NASDAQ:NDX , SP:SPX ...
On April 1, 2024, NASDAQ:GOOGL broke out to a new high, as mentioned in my post in the related ideas section. I entered my first position there on that candle. Now, what is the target price? I don't use target prices much in my trading because I am a trend-following trader, and I am trying to hold on to a position for as long as possible until the uptrend...
On April 26, 2024, The weekly chart of NASDAQ:NDX shows a weekly recovery from the MA-30 week. NASDAQ:NDX closed near the weekly high which is encouraging. The current close is right near the resistance 17,780 which was broken during the week April 15-19. Looking closer at the daily chart we can see that the resistance is at the same level with both...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M The broader context suggests that the ((ii))-green wave has just concluded, and the ((iii))-green wave is currently unfolding to push lower. In the short term, the outlook indicates that the (i)-purple wave has recently completed in the form of an expanding diagonal, followed by the (ii)-purple wave...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M The broader context suggests that the iv-purple wave may have concluded, and the v-purple wave may be ready to push higher. In the short term, the outlook indicates that the iv-purple wave unfolded as a Flat correction and has ended. The v-purple wave may now be unfolding to push higher. In the short...
In the ever-evolving tapestry of the tech industry, few narratives are as compelling and full of potential as that of NVIDIA. This narrative is not just about technological innovation but also about strategic foresight and financial acumen that has propelled NVIDIA from a post-2022 low to heights reminiscent of the dot-com era's most storied companies. Yet, unlike...
UIPath is forming a Falling Wedge, we can clearly see, a rising trend, downtrend correction, and possibly a rising trend soon, could be with their upcoming earning report.
100 day weighted moving average Red Arrow is broken by positive trend Blue arrow the next day. Weekend vibes. 24 hour stock market trading future? Support and resistance bands showing; newly formed 50 day lookback input data (in red), scenario.
SNAP has peaked at 18.0 levels a few days ago only to be tamed down back to 11.00 range. This after the last QTR earnings calls where the company missed earnings estimates even though the numbers are green. The overreaction to this is unwarranted. Now we're back again at discount levels. It's very rare we see an opportunity like this one. Significant net buying...
My plan is to buy NYSE:MCD puts on Monday before earnings. This idea is based purely on technical analysis, which I think sufficiently supports the theory that the price will go lower in the short term. However, in the broader scope, this drop could produce a great buying opportunity for those looking to go long. The weekly chart shows last week’s solid green...
SPY on the 2H chart shows the past six months of trend. SPY has been in an ascending channel but fall out of the channel. Iran's ambition to retliate against Israel and the movement of US NAVY warships into the the Middle East raises concerrn as does "sticky inflation" and early earnings reports from big banks. On the chart, trend angle analysis suggests the...
SPY on a 120 minute chart uptrended from October into late March. A standard Fibonacci retracement for this trend down could take it down to the 475 range or about another 10%. Current price is under the daily SMA 50 ( blue line) at 495 and could continue to fall into the SMA 100 ( green line) which is confluent with the Fibonacci retracement level. ...