Coursera has been correcting ever since it IPOed. It hit a high of $60 and now it's declined nearly 90%. Based on the chart, it looks like the downtrend should be ending soon. I'd like to see backtest of that trend line break at around $5.80 and a push higher to start the new bull trend. Think we'll likely see that $19 resistance get tagged after this chart...
Some guidance for those who plan trading GME. Please be aware that this is a high volatile meme stock and size your position accordingly.
Well look what we have here. Looks like it should complete just below a gap fill and close to an ascending trendline. I don't believe in coincidences. #SOFI
My First Idea here, I would like to think of it more like an intuition vs. technical analysis. MNY has made some patterns I noticed especially like around 24th-25th of a month, entering a consolidation area for 2-3 weeks (1.88$-2.00$). waiting for an up trend breakout to exit my position. Facts on MNY: NASDAQ Listed Positive performance & earnings Low...
The price is currently trending downward, showing bearish momentum after a recent rejection from a significant resistance area. The entry point is set at 1.27395, a key level that has acted as a confluence zone in previous price action. The first take profit target is at 1.26700, a level that aligns with historical price congestion and provides a logical exit...
Hello traders , This my idea for Short. GOLD (XAUUSD). NOW market on the trend line . once Sell candle confirm on the trend line go for Short.. If you need more my ideas follow me.
Hello traders , Xauusd (GOLD) Sell Confirm trad running... If you need more my ideas follow me.
Bitcoin is almost ready for the final capitulation event at 62k. Is this a lifetime opportunity to buy BTC and catch the bottom? Definitely yes, you can do it pretty precisely at 62402 with your limit order. Why is this level so important? The most important is the 0.618 Fibonacci level that we can measure in the previous impulse wave. Second, we have an unfilled...
Bull Call SLV 29/33. with Retrun/Risk of 2.84 Buy 15 Nov'24 Call 29 Sell 15 Nov'24. Call 33 Cost around $1.03, with maximum return of $4
Graphs may look a little bit messy. Main point is price got imbalance and we hope it to get back to the point. Because, at the fundamentals, USD only gets negative news which let us grab from the bottom. Bottom, here is the trendline which is strong support for us that keeps going for more than 2 months. We will approximately wait until the end of the month, if...
Is Berkshire Hathaway Stock a Good Buy? while the stock is not a screaming buy at these levels, it is one name that value investors can have as a core part of their portfolio.
JFSL is on the verge of breakout of triangle pattern. Keep on eye on it. Target : 395.95 Stoploss: 352.80
I see 2 strong bearish signals on EURUSD. After a formation of a strong bearish impulse, the pair started to steadily recover within a bearish flag pattern on a 4H. The price also formed the inside bar formation within the boundaries of the flag. Today, both the support of the flag and the range of the mother's bar were broken. It is a very strong technical...
Hello traders , EURCAD Ready for Short If you need more my ideas follow me.
We can attempt to buy NZDCAD from specified level as it make HL , 0.5 FIB intact , also there is no bearish divergence indicate that it moves upward. SL , TP mention in chart.
you can go short now and take any target - General Trend is Down - Price finish for creating lower high at red arrow have fun :)
⚠️Gold has shown a lack of strength and uncertainty this week. Currently, the market is testing the neckline of an ascending triangle on a daily basis. To enter the market with confirmation, look for a bullish accumulation on a 4-hour chart. The price has been forming higher lows and equal highs around the 2,332 - 2,342 resistance level. Wait for a break and...
FX:XAUUSD is testing range and trend resistance, forming a false break of 2340 and touching MA-200 (D1). In the meantime, the dollar is strengthening and doesn't look like it's ready to give up.... Traders are expecting Initial Jobless Claims to be relatively lukewarm towards the US market. If the figure is lower than expected, it will provide additional...