Are you hungry for a potential investment opportunity? Look no further than McDonald's ( NYSE:MCD ). Despite a recent drop from its high of around $300, this fast-food giant is showing signs of being undervalued on the daily timeframe. But what does that mean for you? Let's break it down. First off, what's with all this talk about bullish trends? Think of it...
This trade embodies the essence of Mark Minervini's championship trading style, focusing on bullish breakout trades. Here's the breakdown: This is a bullish breakout with increased volume, bearing in mind that volume often precedes price movements. Additionally, the stochastic indicator suggests that the stock is either overvalued or in high demand, reinforcing...
Right now, the trend for NYSE:MRK looks positive, meaning it's going up, so it's a good time to take advantage of that momentum. The current value zone, where it's reasonably priced, is between $119 and $124. It's suggested to set a stop loss at $116, meaning if the stock drops below that, it's a signal to sell to limit potential losses. NYSE:MRK is currently...
Weekly Trend Analysis: Bullish Support (0.28-0.25): Imagine this as a sturdy floor supporting prices. If BINANCE:BLZUSDT dips, it finds support in this range, indicating overall positivity in the market sentiment. Resistance and Potential Growth: The market is currently facing resistance, but there's potential for breakthrough towards higher values, possibly...
Let's dive into an analysis of VeChain ( BINANCE:VETUSD ) from a wholesale and retail perspective, emphasizing the importance of buying at value and selling at a premium. Overview: VeChain is currently trading within a specific price range, indicating potential buying and selling opportunities for traders. Our analysis focuses on identifying these opportunities...
Analysis of GOLEM: 1. Weekly Trend: The weekly chart suggests a bullish trend with recent activity indicating a buyer willing to pay $3.87970 for COINBASE:GLMUSD . 2. Current Price: At the time of writing, the price of COINBASE:GLMUSD is $0.0617. 3. Support Level: There's a strong support level around $0.2539. 4. Daily Value Zone: The current value zone,...
Alright, let's break down what's happening with Apple's stock ( NASDAQ:AAPL ) using an analogy related to an Apple product being on sale. Imagine you're walking into a big tech store, and you spot Apple products on clearance, with discount tags everywhere. The iPhone you're eyeing is usually priced at $184, but now it's on sale for $170. That's quite a deal,...
If you're planning to invest for the long term and want to bet on Bitcoin's growth while expecting a decline in the value of the US dollar, you might want to consider an Exchange-Traded Fund (ETF) called $BITO. This ETF can be a good option. What's interesting about this investment is that it offers a dividend yield of 14.49%, and this dividend is paid out every...
Trend: Bearish Consolidation Support: 1.08-1.06 Resistance: Not provided Value Area: 1.08282-1.08235 Stochastic RSI: 79K% above Value (Daily TF) Entry Thoughts: Not advisable to enter at the moment; considering possibly bullish with an EMA stack. Further analysis is required.
Trend: Bullish Support: 1983-2007 Resistance: ATH 2148 Value Area: 2007-2025 Stochastic RSI: OverValue (Daily) Entry Thoughts: Gold needs to pull back into the value area; buying now would mean buying above value price. Did You Know? Throughout history, gold has been associated with the sun, a powerful symbol of life, enlightenment, and spiritual...
Trend: Bullish Support: 4800 (previous highs, now new support) Resistance: None currently; new high acts as resistance until a pullback occurs Value Area: Currency value area is around the support area. Stochastic RSI: 64% above value (Daily TF) Entry Thoughts: Wait for a pullback to an area of value for entry.
Trend: Bullish Support: 50,000-45,000 Resistance: 69k and potentially beyond Value Area: Wholesale area is where opportunity lies Stochastic RSI: 76% above value Entry Thoughts: Wait for a pullback to buy at or below value.
Airbnb ( NASDAQ:ABNB ) is currently showing signs of strength as it breaks above previous highs. Looking at the bigger picture, the bullish trend seems to be intact, especially on higher time frames, indicating potential for further upside. The recent slight pullback, coupled with oversold conditions on the 37 Stochastic RSI, suggests that buyers might see this as...
Imagine you're an eager shopper in a bustling marketplace, eyeing a hot commodity called BINANCE:LINKUSDT . In this market, there are two types of buyers: those who buy wholesale and those who buy retail. Buying wholesale is just like going to purchasing goods directly from the manufacturer or distributor, getting them at a discounted rate. It's like getting a...
Imagine yourself wandering through a vibrant crypto marketplace, scanning the digital shelves where prices oscillate between $32 to $36 for regular buyers and drop to $12 to $18 for bulk purchasers. These price fluctuations are reminiscent of the retail and wholesale sections in a bustling store. Now, let's decrypt this shopping narrative into the realm of crypto...
Welcome, fellow crypto adventurers, to a divine quest into the realm of POLONIEX:JESUSUSDT ! But fear not, for we shall sprinkle some heavenly dad jokes along the way to keep the journey light and entertaining. Behold, POLONIEX:JESUSUSDT sits majestically at 0.00000019507, akin to the heavenly aisles of a wholesale market. Keep your faith strong above...
Imagine you're a trader strolling through a wholesale market, eyeing undervalued goods. Similarly, when diving into BINANCE:LINKUSDT Litecoin's price range of $20-$25, you're strategically positioning yourself for potential gains in the anticipated retail range of $129-$175. On your TradingView charts, BINANCE:LINKUSDT Litecoin appears to be residing in a...
Alright, let's break down Shopify's stock journey in a way that's easy to understand. Imagine Shopify's stock as a surfer riding waves in the market ocean. First off, we have the "wholesale zone" where Shopify typically trades during the week. Think of this as the calm waters where the surfer starts paddling, ranging from $42 to $52. It's like the surfer getting...