CORAZA - PENDING BREAKOUT ?CORAZA - CURRENT PRICE : RM0.570
On 27 NOVEMBER 2024, an extended long white real body candlestick gapped higher on the opening and closed at near the session's high. This tall white candle confirmed an important breakout from down trendline. Then the stock continue its upside movement.
On 31 DECEMBER 2024, the stock hit intraday high at RM0.575 and closed RM0.570.
RM0.575 may considered as immediate resistance level as the share price touched this level three times. A breakout above RM0.575 may propel the share price higher in the upcoming session. As such, technically if the stock made a breakout above RM0.575, I would buy this stock. My entry price will be RM0.580/RM0.585.
ENTRY PRICE : RM0.580/RM0.585
TARGET PRICE : RM0.625
STOP LOSS : RM0.545 (the low of 31 DECEMBER 2024)
TAYOR !
Trend Lines
Rossari Biotech LtdHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
Bajaj Consumer ltdHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
Nvidia Fib WedgeNASDAQ:NVDA
This chart looks so good like wow. Made this fib wedge and I like that I see some interesting signs of a trend. Going to discuss what I see and look at what direction this stock is going to go.
First, each time you went right through each fib to find a local high then came back down to consolidate. The interesting thing is the last 3 fibs show once you consolidated and touch the fib again it was a local bottom, which eventually led to new all time highs.
The consolidation in each zone led to a touch of the fib line and marked a local bottom. What I noticed is it looks like this happen recently again. 126.86 on a low in the candle for a close of 134.70 is the local bottom, which the last 3 times showed that you can make your way back to the highs on the stock. After making it back to highs on the stock, eventually led to new all time highs.
Comment what you think about this chart.
Comment any tips or suggestions.
NASDAQ:NVDA
GBPUSDAfter observing a Bearish breakout & a Trending Support level being tested, we can see it has the potential for a retest to the previous Support Levels acting as the Resistance Levels for order termination.
With proper risk to reward, this is an example of a reasonable and executive operation that can be considered after channeling through various confirmations upon.
'Confluence Profile 500K' (Order Flow Footprint + PA)"10pt STOP"NYMEX:CL1!
"Successful trading has always been about understand the convictions, the strength and the weakness of buyers and sellers. Once you understand what the other traders are doing in the market, you can successfully trade with them." -Michael Valtos
Family in this video I went into a gr8 in depth breakdown of a 5-6R trade that took place today during NY session SHORT on Crude OIL. Paying very close attention to the order flow footprint all the while observing very closely how PA is setting up will help us to develop the mastery of the 'Confluence Profile 500K' (Order Flow Footprint + PA) "10pt STOP". Just think about this......
December of 2024 price moved on average of 120pts during NY session. (5am-2pm) PST.
-We know we're not going to catch the whole 120pts so were going to focus our attention on cutting that point ratio in half and catch 50-60pts with a 10Pt STOP....
-Granting us 5-6R in our Favor!!
Now this is the RISK we face, WE HAVE ONLY 10PTS of pre-determined RISK. So, the 'Confluence Profile 500K' will consist of the (Order Flow Footprint + PA) to give us the highest probability ratio of entering a position with only 10pts to RISK & this is our journey to Master the 10pt STOP w/ a 50-60pt Target!!! Let's go 2 work.
Remember; "Our Profession is to Manage the downside costs of printing HIGHSIDE returns of $$$ consistently. Done correctly, well Abundance awaits us." -500KTrey
AUDUSD InsightHello, subscribers!
Great to see you all. Please share your personal opinions in the comments. Don't forget to like and subscribe!
Key Points
- The euro has plunged amid concerns over Eurozone growth and the suspension of natural gas inflows via Ukraine.
- The Atlanta Fed's GDPNow model lowered its Q4 growth forecast from 3.1% to 2.6%, citing a downgrade in the real private investment growth rate.
- U.S. weekly initial jobless claims came in at 211,000, down 9,000 from the previous week, falling short of market expectations.
- Tesla's stock price plunged as its annual deliveries slowed for the first time in a decade. This weakened investor sentiment and drove safe-haven demand, boosting the U.S. dollar index.
Key Economic Event
+ January 3: U.S. December ISM Manufacturing PMI
AUD/USD Chart Analysis
After breaking below the 0.63500 level, the pair dropped to the 0.62000 level for the first time since October 2022. This area near the previous low presents an opportunity for a potential rebound. If a rebound succeeds, a swift short-term rise to the 0.63500 level is expected. However, if the rebound fails, there is a high likelihood of further decline toward the 0.60000 level.
RIOT Gann Fan Moving Averages CrossNASDAQ:RIOT
Impressive chart history. Made this Gann Fan which is worth zooming in on to see the different lines it touches when at a high and zones it enters of consolidations. In addition made some trend lines to help point toward direction I see this stock moving. Moving averages look good. Going to go through what I see there as we are going to see the cross of 50 day moving average and 200 day moving average.
First trend line goes back to 2011 when we see the stock was 160. Looking at this line you can see the consolidation around this area before going down to new lows. This trend marks an important part of chart history as you can really make new high ranges beyond the point of 160 area. I use this important line to mark the potential to touch this line on a high.
Next Trend is great. 2015 is when you have 50 day moving average cross the 200 day moving average on a downward trend to go to new lows, which is a great starting point of the trend line. Connected this trend line to the top of each high at 2017 and 2021. This showed some improvement in what you can expect from this stock, to go and touch that trend line.
"Star" shows the area I am looking for in this stock. The trend lines show great connection and really points to what to look at when reaching this area. "Star" works so good as you can see the touch points on each line as well, which really just worked in our favor to show us what can happen. Watch for the "Star"
50 day moving average is black.
100 day moving average is purple.
200 day moving average is blue.
Moving averages on this stock show recently that the 50 day moving average recently crosses the 100 day moving average, which is bullish direction. Next looking for 50 day moving average to cross 200 moving average, which is very bullish. The momentum and volatility can pick up and start really moving like we have seen before. Zoom in to get a better look.
The range in the Gann Fan where the "Star" is, can be good to look at. This range is an important range which has seen consolidation before and I see this stock getting back there.
NASDAQ:RIOT COINBASE:BTCUSD
NAK Long-Term BULLISHThis is on the monthly chart and very reliable .
NAK is nearing a total breakout of a descending trendline in place since 2012. In confluence with this, NAK has been staying around it's floor price for months now. It looks ready to launch from this base.
TP #1 = 1.15 (should be easy to reach)
TP #2 = 2.50 (likely to be reached longer term)
SL = 0.19
Current price at time of this post is 0.313
Risk is only $0.123 per share, while reward for TP#1 is $0.837 per share, but the potential for TP #2 is high and this would be a reward of $2.187 per share!
Gold Suprised Everyone. Will it Continue the Momentum?Gold was trading around 2,658, above the 21 SM, and within the bullish trend channel forming since December 27 with a bullish bias.
Since gold is located above the 21 SMA and is now breaking the 200 EMA, the bullish force will likely prevail and the metal could reach 4/8 of Murray at 2,663 in the next hours.
On the other hand, a strong rejection of the resistance at 2,663 could mean a technical correction for gold. Hence, we could sell below this area with targets at 2,631and even 2,617 at 2/8 Murray.
If XAU/USD consolidates above 2,663 (4/8 Murray) in the next few days, it will be seen as an opportunity to buy because a solid uptrend could be established and the instrument could reach the psychological level of $2,700 in the short term and even 6.8 Murray located at 2,734.
The indicator is showing overbought signals. so, we believe that once the instrument settles below 2,663, this will be seen as an opportunity to sell. In case gold turns back below the 200 EMA around 2,658 we could sell with targets at 2,631 and 2,617.
GBPAUD BuyI believe we are still in an uptrend to 2.16XXX.
On the lower timeframe, price had so much momentum to the upside, we did not have a fibonacci retracement of at least 38.2. Price stalled out at the 1.18 and 1.27 D extension and sold to the 61.8 level.
I believe the 4HR fib is still active and needs to complete.
I think our next stop is 2.063XX to finish out the current sequence.
4HR and Daily stochastic are in the buy zones.
GBPAUD BuyI believe we are still in an uptrend to 2.16XXX.
On the lower timeframe, price had so much momentum to the upside, we did not have a fibonacci retracement of at least 38.2. Price stalled out at the 1.18 and 1.27 D extension and sold to the 61.8 level.
I believe the 4HR fib is still active and needs to complete.
I think our next stop is 2.063XX to finish out the current sequence.
4HR and Daily stochastic are in the buy zones.
FSZ Analysis: Potential Breakout from Downtrend📉 Overview:
Since early November, FSZ (Fiera Capital Corp.) has been in a clear downtrend, forming lower highs and lower lows. However, recent price action indicates consolidation near the $8.50 support level, forming a symmetrical triangle pattern on the 4-hour chart. This could signal a potential trend reversal.
Key Observations:
1. Symmetrical Triangle Pattern:
• FSZ is consolidating, with price action compressing toward an apex.
• A breakout above $9.00 could confirm bullish momentum.
2. Indicators Point to Recovery:
• RSI: Recovering from oversold territory, indicating easing bearish pressure.
• MACD: Showing signs of a bullish crossover, with diminishing bearish momentum.
• Volume: Low during consolidation. A breakout needs volume confirmation.
3. Moving Averages:
• FSZ remains below both the 50-day and 200-day moving averages. A breakout above these levels would validate a reversal.
Key Levels:
• Resistance: $9.00 (short-term), $9.50.
• Support: $8.50. A breakdown below this could target $8.00.
Price Projection:
• Bullish Case: Breakout above $9.00 could target $9.50 - $9.75.
• Bearish Case: Failure to hold $8.50 might lead to further declines, potentially testing $8.00.
FSZ is at a critical juncture. If the RSI recovery and MACD bullish signal align with a breakout above $9.00, it could indicate a trend reversal. However, caution is warranted without volume confirmation.
Disclaimer: This analysis is for informational purposes only and not financial advice. Please conduct your own research or consult a financial advisor before making investment decisions.
$PAALUSDT: Bullish Momentum Building for a Strong BreakoutOnce we break above 40c or close above the trendline, I expect GATEIO:PAALUSDT to reclaim 55c, potentially entering price discovery.
The last strong resistance for me is 55c, so if you want to be more conservative, buying above that level is still a solid play.
Additionally, GATEIO:PAALUSDT , GATEIO:QUBICUSDT , and COINEX:ARCUSDT are some strong picks I’m eyeing to take advantage of the AI sector. AMEX:ZIG is also another one I’ve been mentioning recently.
Time to Snag FLOKI: Eyes on the 0.000145 SupportTime to start positioning for the next move on FLOKI. The recent move was relatively weak compared to other memecoins, so I’m looking for a better entry.
I want to accumulate below 0.000145. If I see weakness below that level, I’ll cut it and look to buy back at the 0.000108 region.
We have roughly a month to accumulate, so patience is key.
DOGE Dip Incoming? Perfect Entry Below 30cCRYPTOCAP:DOGE
I'm expecting a stronger retrace, although CRYPTOCAP:BTC is holding up extremely well at the moment.
This is just a preparation in case it happens.
Given the current strength of the market, it might not occur, but levels below 30c present excellent entry points.
I anticipate this idea to remain valid only within this month.
RENDER analysis...hello friends
This currency, which is from the Solana ecosystem, experienced a correction of about 70% after the pump and was able to continue its growth again with the formation of a bottom.
Now, due to the good growth it has had, it is expected that it will be able to break the ceiling and reach the specified goals.
We have specified the purchase points for you.
Capital management must be followed.
Be successful and profitable.