XAU StructureHi,
Mentioned all the structural changes and key support and resistance levels in 1H time frame.
EIA/STEO_COPR_OPEC_M trade ideas
Short SCHLUMBERGERMissed the first Entry, waiting the price to go back to 46 before shorting.
The setup is clear and price action is beautiful, let see if the price will go back.
Babydoge WeeklyI think the chart is about to break out of compression and if it breaks the ceiling it will definitely find a legendary price like Dodge...
Cap weighted vs Equal Weight SPY at ExtremesAre the times when the cap wtd S&P500 is crushing the EW AMEX:SPY also the times when AMEX:SPY is most vulnerable? At present, you would have to go back to Q1 2009 to find a simliar ratio to today (using AMEX:RSP as the EW SPY in comparison to AMEX:SPY ). Another period when this extreme was reached was 2020.
Adani Enterprises (ADANIENT) ForecastThis chart depicts the daily price movements of Adani Enterprises (ADANIENT) on the NSE. Here’s a summary of the key observations and potential implications:
Chart Analysis:
1. Trend Lines:
-Ascending Channel: The chart shows an ascending channel pattern with two parallel trend lines, indicating that the stock has been trading within this upward channel since early 2023.
- Support Line: The lower trend line acts as support, preventing the price from falling further.
- Resistance Line: The upper trend line acts as resistance, capping the price increase.
2. Current Price Action:
- The current price (3,384.95 INR) is near the upper resistance line of the ascending channel.
- The stock recently experienced a strong upward move, pushing towards this resistance level.
3. Key Levels:
- Resistance Level: Around 3,590.60 INR, which corresponds to the upper boundary of the ascending channel.
- Support Levels:
- Around 3,000 INR, aligning with the lower boundary of the ascending channel.
- Additional support near the 2,600 INR mark, providing a secondary level of support in case of a significant pullback.
Potential Implications:
1. Bullish Scenario:
- If the price breaks above the upper trend line (3,590.60 INR) with strong volume, it could signal a bullish breakout, potentially leading to further gains.
2. Bearish Scenario:
- If the price fails to break the resistance and reverses, it might move back down towards the support line of the ascending channel, around 3,000 INR.
- A breakdown below the lower trend line could indicate a bearish reversal, possibly leading to further declines towards 2,600 INR or lower.
3. Neutral/Sideways Movement:
- If the price remains within the channel, it may continue to trade sideways, oscillating between the support and resistance levels.
Conclusion:
- The chart shows that Adani Enterprises is currently at a critical juncture near its ascending channel's resistance level.
- Investors should watch for a breakout above the resistance or a reversal to gauge the next major move.
- As always, it is advisable to combine this technical analysis with other factors such as fundamental analysis, market news, and broader market trends before making any trading decisions.
NTRN NEW LONG TREND PROCESSINGNTRN is looking interesting over the next time frames and may show increased volume. That's why we're keeping an eye on this coin.
$0.88 is a key confirmation zone. If the coin breaks this level, there's a high chance it could reach $1,28 - long term and hype times can make the coin target $2
Remember, there are no guarantees in the market. Always follow a consistent system based on your own strategies and analysis.
Good times, everyone.
This update is not trading or financial advice.
Opened BTC UP position at 69100 price with 10x leverageHi everyone,
Opened BTC UP position at 69100 price with 10x leverage on Fybit trading platform.
Target at 72000, Stop loss at 65900.
Position was opened on 4-hour timeframe.
After rising to 72k Bitcoin price declined below 67k and after some consolidation started to rise again.
On 4-hour timeframe on the chart higher lows formed which is signaling about continuation of uptrend.
I put stop loss just under 66k where price shouldn't go if it wants to continue its rise.
Please, do not forget to boost this idea & share it with your friends; thanks.
WIF - a 50$ meme- apart from PEPE the only meme coin that is almost guaranteed to do something stupid
- final target of the dog with a hat could be anywhere between 50 to even 100$
- estimated time of the trade: 6 - 9 months
A powerful crypto exchange that just started. UPDATEEverything is pumping and rising soon, US500, EURUSD, GOLD, BITCOIN ETC
It is a coin of a major crypto exchange and definitely a good choice. The crypto industry is in its infancy
Only up!
an illustrious Samurai SwordFollow 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.)
Rune to Moon 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 Targets Last Hope for BullishnessOSMO 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 !
Its Bullish and it's ready to 10xIQ is ready to make at least 10x, make your research and you will see why.
THIS IS NOT A FINANCIAL ADIVICE, PLEASE INVEST AT YOUR OWN RISK
Our opinion on the current state of CATCaxton (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 the year to 30th June 2023 the company reported revenue up 16,6% and headline earnings per share (HEPS) up 20,2%. The company said, "Revenue grew by R995.2 million (16.6%) from R5 979.3 million to R6 974.6 million on the back of price increases to recover the large raw material input cost increases and volume increases in the packaging business, while volumes in the newspaper and commercial printing plants remained largely unchanged. The second half of the year's growth softened as loadshedding and inflationary pressures impacted consumer demand". The share broke up out of an island formation in 2021 and continues in an upward trend which is supported by its latest results.
Our opinion on the current state of BRTBrimstone (BRT) is a black-controlled investment holding company with a diverse portfolio of holdings. It owns: 1. 54,2% of Sea Harvest, which is a listed fishing company and has a market capitalisation of just over R4,5bn. 2. 100% of Lion of Africa, a loss-making insurance company, which decided in November 2018 to cease operations and close its doors. 3. 100% of House of Monatic, a loss-making clothing manufacturer, 4. 24% of Oceana, the largest fishing company in South Africa with a market capitalisation of R8,6bn. Brimstone is increasing its shareholding by buying 8m shares from Tiger Brands, which will take its holding to 22,9%. 5. 6,1% of Grinrod, 6. 18% of Aon Re Africa 7. 25% of South African Enterprise Development, 8. 49,8% of Vuna Fishing company, 9. 12,8% of Milpark Education, 10. 25% of Obsidian (a black-owned investment holding firm positioned to benefit from the roll-out of the NHI) which, in January 2020, it increased to 80% for R35,7m. and a variety of other smaller shareholdings in property, healthcare, 3,9% of Long4Life and 5,3% of Stadio. The company has been selling down its stakes in Life Healthcare, Lion of Africa, House of Monatic, Equites, Multichoice and Phuthuma Nathi. It has used the proceeds to pay down R1bn of its debt. In its results for the six months to 30th June 2023 the company reported revenue up 17% and headline earnings per share (HEPS) up 239%. The company said, "INAV at 30 June 2023 calculated on a line-by-line basis, totalled R3.07 billion, or R12.36 per share (31 December 2022: R3.29 billion or R13.25 per share), representing a decrease of 6.7% from 2022. As at 30 June 2023, Brimstone Ordinary shares were trading at a discount of 55.9% to INAV". Both ordinary and "N" shares are thinly traded, but the ordinary shares are worse. We regard the ordinary share as too thinly traded for private investors and, unless they begin to unbundle the portfolio, the extra value is likely to remain locked in.
Our opinion on the current state of CAACA Sales listed on the JSE on 27th June 2022 and traded 34 deals on the day opening at 505c and closing at 745c. The company supplies food, health, alcohol and fast-moving consumer goods (FMCG) to a wide range of companies. It is involved in warehousing, distribution, marketing and point-of-sale. In its results for the six months to 30th June 2023 the company reported revenue up 22,5% and headline earnings per share (HEPS) up 21,5%. The company said, "Revenue growth was driven by organic growth, acquisitions, expansion into new regions as well as the on-boarding of new clients to the group’s portfolio. As a result, gross profit increased by 25.9% to R786.8 million (H1 2022: R625.2 million)". This is one of the only new listings on the JSE over the past year and it is too early to assess it technically, but the has been moving sideways since February 2023. We think it will be a good investment.
Our opinion on the current state of GTC.GTC is a property group operating in central and Eastern Europe. The company has properties in Poland, Bucharest, Budapest, Belgrade, Sophia and Zagreb. It manages forty-seven office buildings and 6 retail properties with gross lettable area (GLA) of 829 000 square meters worth about 2,35bn euros. The company is listed on the Warsaw Stock Exchange (WSE) and the JSE. In its results for the six months to 30th June 2023 the company reported occupancy at 87% and a loss of 2 euro cents per share. The company said, "As of 30 June 2023, the book value of the Group’s total property portfolio including non-current financial assets was EUR 2,408m". Unfortunately, the share on the JSE is extremely thinly traded which makes it impractical for private investors.
Hooked Protocol (HOOK)Hooked Protocol is a new Web 3.0 crypto project. As is it can be seen from the chart, HOOK been in a downtrend and recently price shown sign of reversal. Clearly, there is a downtrend line, and we have to wait and see if HOOK can break it or not. Let's see what happens.
Potential Breakout 😍I created this Channel is to record my trading philosophy and methods for my wife and my kids.
"The most important thing in the world is family and love!"
Nothing on this YouTube channel or any content produced by Trader Jack is meant as financial advice and/or buy and sell recommendation of any kind. It is for education purposes only. Do your own research!
