Breaking out of rectangle patter formed since Feb 20 should mean an upside target of 648. Good results & defence industry make it more resilient in the face of other factors affecting the economy (e.g. election and recession). Do your own research and this is not a recommendation to trade in this stock.
Weekly chart: Triangle formed with 2 or more touches to both its upper and lower lines. Early breakout too and could signal a rise to 587. However, if this goes to form, it will retest the upper triangle line at 339 before heading higher. WARNING: This is not trading advice and just my own technical analysis. Do your own research and trade your own rules.
The Bitcoin etf Basically doubled the price of #BTC from the lows post etf trading to our recent peak in March A similar outcome and performance for Ethereum Would send #ETH to the 1.618 Fib extension This would be epic for altcoins, memecoins and DEFI what do you think do you agree?
Looks good on chart. Breakout done with Massive Volume. Good for Short term. Target Swing High. Do Like ,Comment , Follow for regular Updates... Keep Learning ,Keep Earning... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Breakout Done. Consolidation also done. Good for Short term. Target 190. Do Like ,Comment , Follow for regular Updates... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Looks Good on charts. Above all Key EMA. Short term Target 290. Do Like ,Comment , Follow for regular Updates... Keep Learning ,Keep Earning... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Hello Everyone, i hope you all will be doing good in your trading and your life as well, i have brought another stock which is getting ready for big move, Company name is Lux Industry. My calculation is saying it is going to give huge move in one way towards 10000+ levels in coming time, as price has formed double bottom, and if you will see stock has done sme in...
Consider a compelling swing trade opportunity in Indraprastha Gas Limited (IGL) , a leading natural gas distribution company in India. Reasons are listed below : Attempt to Break Triangle Pattern : IGL is attempting to break out of a triangle pattern, indicating a potential shift in market sentiment and the beginning of a new trend. Bullish Marubozu on Daily...
we could see another rebound in 2nd half of this year due to easing inflation rate. july is uncertain.
The SPX500 has some potential positives to it. These just need to convert. We're looking at trend-following indicators and momentum indicators. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex...
After the UK CPI came hotter than expected, short positions are shining on the horizon. The UK100(FTSE) index looks over-extended to the bullish side, but better than shorting the index itself is finding a highly correlated with the index position, which in our case is HSBC. As you can see the periods in the past are marked with verticals, whenever the index...
Certainly! "When the 20-day moving average crosses above the 50-day moving average on a daily stock chart, it forms what is known as a 'golden cross.' This is generally considered a bullish signal by technical analysts and investors, indicating a potential trend reversal towards a bullish market. However, it's important to consider other factors and indicators to...
Hello everyone, i hope you all will be doing good in your trading and your life as well, today i have brought stock which name is R Systems and it is a leading provider of technology, artificial intelligence, analytics and knowledge services. It partners with customers to enable or elevate their digital transformation with diversified digital offerings including...
Broadcom Inc. (AVGO) has been trading within a long-term Channel Up since the October 13 2022 market bottom. The stock is now within the new Accumulation Phase that is being supported by the 1D MA100 (green trend-line). Based on the previous Accumulation Phase, we should get one (or two max) more pull-back towards the 1D MA100, before the price breaks upwards...
Double bottom formed from May 19. Breakout Nov 23 Retest Feb 24 and now broken out to the upside in May Appears bullish to me but do your own research and decide on your own trades. This in NOT a recommendation.
As you can see, the S&P 500 index closed at a higher price on March 2nd, 2008 than it did on August 1st, 1996. However, it closed at a lower price on March 1st, 2000 than it did on March 2nd, 2008. This means that if you had bought the S&P 500 index on August 1st, 1996, you could have bought it again on March 2nd, 2008 for slightly cheaper. However, if you had...
Hi Realistic Traders, let's delve into the technical analysis of NYSE:BABA ! On the weekly chart, BABA is making some exciting moves! It's broken out of a falling wedge pattern, forming a bullish candlestick with a long wick right on the EMA 34 line. But what really caught our eye? The significant volume spike, more than double the average. Now, why does this...
BLOCK (formerly Square) has experienced a significant sell-off since its all-time high of $290 in July 2021, dropping to a low of $37. This marked the completion of Wave 2 in its price cycle. Currently, we are observing two critical zones: Must-Buy Zone : Between $33 and $51. Historically, the price has spent minimal but crucial time in this range, indicating...