Adobe - 30d expiry - We look to Buy at 328.71 (stop at 312.61) Daily signals are mildly bullish. Price action is forming a bullish flag which has a bias to break to the upside. Trend line support is located at 327. We look to buy dips. We are trading at oversold extremes. This stock has seen good sales growth. 50 1 day EMA is at 329. Our profit targets...
Monthly SPX looking super bullish. A super bull flag has formed. I suspect either 2024 or even Q2/3 of 2023 could see a strong breakout of this flag's upward channel line. Step 1 was to breach the downward trend line Step 2. will be to do so convincingly Note we do not expect a hard confident break of the downward trend line this month or jan-Mar. I suspect...
HD ( HOME DEPOT ): Consumer Cyclical - Home Improvement Retail. Home Depot is included in the Down Jones Industrial Average. My technical analysis on the stock: The current downtrend took the stock 37% of its all time high of January 2022. On June 23, HD initiated a strong bounce to $333 off the $265 level. On August 17, HD initiated a huge drop back to 265,...
Todays study follows analysis on the Post-War Recession Start Dates. We evaluate the price action the 12 months before Start of Recession and 12 months after Start of the Recession. What we can easily evaluate that once and IF a Recession is confirmed we have about 5.8% more (ON AVERAGE) to the downside and the next 2 months are most volatile. From then on we...
ADANI stock is overextended buying now is a suicide , i see people in twitter and facebook want to buy ADANI stock, i am telling you the big boys are there watching , and they are going to bleed you out.. its trend is overextended ,the big investors will start taking their partial profits and anytime soon a very deep drop will happen ⬇️⬇️
Airbus - Intraday - We look to Sell at 111.86 (stop at 117.22) Price action continued to range between key support & resistance (90 - 112) and we expect this to continue. Expect trading to remain mixed and volatile. We are trading at overbought extremes. A higher correction is expected. Offers ample risk/reward to sell at the market. The previous high is...
Today we have FOMC FED announcement! This is likely going to create volatility in the market. If we measure the how long it takes for a market to reach bottom we can see that the average time after the first FED cut is 9 months. From previous post we saw that the first RAISE was in 11 May 2022. Now if the FED pauses or cuts rates will start our timing of the...
Looking at the H4 chart, my overall bias for TSLA is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell limit entry at 166.19, where the -27.2% Fibonacci expansion line and previous low are. Stop loss will be at 198.59, where the previous low is. Take profit will be at 127.55, where the -61.8% Fibonacci...
On the H4 chart, the overall bias for DJI is bullish . Furthermore, the price is above the Ichimoku cloud , indicating that the market is bullish . Looking for a buy entry at 4028.84, where the 50% Fibonacci line is. Stop loss will be at 3918.39, where the 50% Fibonacci line and recent low are. Take profit will be at 4325.28, where the swing high is. Any...
This big rotation to the upside, after the CPI number, presents a new $4018 support level on the ES for traders. The Fed rate decision tomorrow may send markets briefly below this level, but watch for a reflation trade to setup after the Fed comments. If my research is correct, a melt-up trend has already been established. I expect the US Dollar to melt back...
Hello,Traders! TESLA keeps falling down And the stock just broke The key horizontal level Reinforcing our bearish Bias and making us think That the price will go Further down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Novavax - 30d expiry - We look to Sell a break of 15.49 (stop at 17.01) Daily signals are bearish. There is no clear indication that the downward move is coming to an end. Prices are extending lower from the bearish flag/pennant formation. Posted a bearish Flag formation. A break of 15.50 is needed to confirm the outlook. The bias is to break to the...
THEMISMED - Inverse H&S Wait for a weekly close above 1193 for set up to get activated.
BAJFINANCE - Mean reversion at GAP accompanied by bullish divergence One can go long with a SL of last swing low. Min target = 6800
FED DAYS As you can see, Fed days has been over 60% more volatile than non-Fed Day since hikes began. Still they have not been as volatile as CPI days and that comes on Tuesday (today). The bottom table shows the action on the last 7 CPI release dates. CPI DAYS The average true range on CPI days has been 89% larger than the average true range on all other days...
One of the rare behaviour in this chart pattern. Buy at 31-32. Target 45-55
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 If you're into stonks, today's update is for YOU. Cryptocurrencies are the largest part of our focus, but that doesn't...
Tesla may have grown in popularity over the past few years, but the share price has been falling rapidly since November 2021. It was only back in June 2019 that price was trading at $14 before shooting up 2846% to a high of $415 in November 2021. That is some significant growth in a very short period of time. But as with anything that goes up fast in the...