After breaking below the support of 49367 and closing above the intraday support level of 49159, prices traded in a range without indicating any signal for recovery yet. Let's explore potential scenarios for different openings on Friday, May 3rd, 2024:
Gap Up Opening above 49367:
If prices sustain above 49367 in the first hour, they could move towards 49548 –...
In the previous analysis, it was noted that the market might remain subdued within a sideways zone. Despite this, there hasn't been any bullish indication in current levels, with prices closing below the sideways range of 22737 / 22676. Let's examine potential price movements for different opening scenarios on Friday, May 3rd, 2024:
Gap Up Opening:
If prices...
Building a position in unleveraged natural gas AMEX:UNG in $13-14's
Divergence on price/RSI.
Falling Wedge
Would like to see price get over and hold above daily 50MA
Will likely update once that is achieved
After 50MA is achieved and held, breakout the wedge and target the 200MA daily for profit.
Add on down days and be very patient with this one
Solana daily chart look like it is about to break out. 👀
Will Solana get rejected at the red trendline or breakthrough?
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Tesla is the 7th worst performer YTD in the Nasdaq-100. It is the 11th worst performer in the S&P 500. The stock stands 28% lower.
Still, after reaching its lowest level on 22/April, the stock has rallied a remarkable 30%. On 24/April, the stock rallied 12% after the positive earnings call. On 29/April, the stock jumped another 15% after the announcement of the...
This is tesla
Based on 3rd Law of Wyckoff , looks like the price has been lingering around the projected value (I use very conservative & conservative count )
***Yellow/Orange Arrow
I seldomly intiate position based 3rd Law alone , However in view of very huge Vol Demand on 29/4/24, i simply do not want to miss the possible rally afterwards
Pure...
I think that NYSE:XPEV completed the Elliot WXYXZ correction wave in April 2024, which started in July 2023.
I think that the major Elliot wave, which I am currently showing with the red line, has started 3 impulse waves. I think that this 3rd impulse wave will make the 1st wave. This impulse movement can take NYSE:XPEV up to $13-$15.
Take Profit Point...
A double bottom has been presented to us which appears to be a bullish dragon if it breaks above the downward sloping resistance line.
To strengthen our argument, the double bottom also shows us classic bullish divergence on the MACD and the RSI oscillators which implies higher price action.
This all makes sense if we forecast a bearish bat as it has...
Hello friends,
Now we are still moving in correction small White B wave as you find it easily in my previous post.
we will Go up to Yellow wave A which is my first indication and the next Yellow B to take my decision of creating Red X or Blue X.
Don't forget to follow me and support my idea, let's boost/like it and keep a positive comment.
Thanks, Bros
My dear subscribers,
EURUSD looks like it will make a good move, and here are the details:
The market is trading on 1.0686 pivot level.
Bias - Bearish
My Stop Loss - 1.0707
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.0654
About Used Indicators:
The average true range ATR plays an important...
I bought some $92.5 call options with Sept 20 expiration. The premium is fairly low on these contracts, so the pay out is really high. That potential high payout is basically the only reason I am taking a shot here. Like SPRC, anything not a high conviction play is smaller, and insignificant in comparison to the BTC, IREN, and Cannabis plays.
On the charts, it...
Item Name: Nvidia
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Nice to meet you. SEOVERIGN - This is SeoVerign.
Nvidia, which used to be called God, is falling.
We found the starting point from the existing Nvidia falling point of view.
Follow the trajectory.
Will be a money-maker!
This stock will Regain its Previous High. It is Forming a basing Pattern so many Successful stocks lay out before going on to Astounding heights.
(There is also a chance that they will beat estimates, due to easy comp's and expectations.)
I am taking a contrarian view and bagholding rune... never been more bullish in my life. Love the negative sentiment I am seeing these days.
This is not financial advice I have 0 idea what rune does
OSMO is making new lows...
this may be good... for who likes to DCA into a falling knife (joking)
or may be pretty bad (investors lost confidence)
As we may know... if binance has not decided to get rid of a coin.. they still support the project (in some way or another).
Targets are versus BTC pair.
This may the bottom. We shall see !
Caxton (CAT) is a South African printer and publisher. This company is at the heart of the displacement of hard copy by digital and it is adjusting by reducing costs and trying to move across to digital platforms. But there has been a steady erosion of advertising revenue and even before COVID-19, the purchase of magazines has been in decline. In its results for...
