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DJT Hits 3rd Target at $36.05 – Strong Momentum!DJT has successfully hit its 3rd target at $36.05, with strong bullish momentum continuing. The next target is set at $38.18, while the stop-loss (SL) is secured at $35.01. Key Levels: Support: $33.75 Stop-Loss (SL): $35.01 3rd Target Achieved: $36.05 Next Target: $38.18 Momentum remains intact, and price action suggests further upside potential. Keep an eye on volume and price behavior near resistance levels for confirmation. #DJT #Stocks #TechnicalAnalysis #NASDAQ #Breakout #Bullish #Investing
NASDAQ:DJTLong
by Xeeshan79
DCAL - READY TO SOAR - A buy on DIP stockAGAINNNNNN.... with a big OPPORTUNITY in DISHMAN CARBOGEN AMCIS LTD🚀🚀 This stock has completed its correction and it's now ready to move towards north. let see how? Technical view- a simple understanding for beginners * The stock has given a breakout with good intensity of volume . * The price changed its structure from lower low to higher high * Stock price is challenging Upper Bollinger Band * RSI ( a strength indicator) is above 60 in Daily Time Frame which indicates strong momentum Understanding Waves Key Elliott Wave Principles: 1. Five-Wave Impulse Pattern : The primary trend unfolds in five waves (1-2-3-4-5). Waves 1, 3, and 5 move in the direction of the trend, while waves 2 and 4 are corrective. 2. Three-Wave Corrective Pattern: After a five-wave sequence, a correction typically follows, consisting of three waves (A-B-C) that move against the primary trend. 3. Wave Relationships: Fibonacci ratios play a crucial role in Elliott Wave analysis, often governing the length of the waves. 4. Wave Characteristics: Each wave has its own set of characteristics. For example, Wave 3 is usually the most powerful, showing the strongest price movement, while Wave 5 may signal the final push before a significant correction. Current Elliott Wave Analysis on DCAL - The stock is currently in bigger IMPULSE Wave in which it has completed wave 1 and wave 2 (correction) now it is in the bigger and the strongest wave 3 Targets - generally the targets of wave 3 goes up to 1.618 levels with TREND FIB from wave 1 to wave 2 * In this stock, the targets as per wave theory is around 425.70 * Intermediate targets as per technical view are 247-290-375-425.70 Invalidation / stoploss - invalidation of the up-move is 80 Trade Plan- * one can add at current levels and again if it comes down you will get an opportunity to add more till 150-140 * Invest keeping in mind for short to long term view, not for speculation. THANK YOU KARANN DINGRA
NSE:DCALLong
by KARANN_DINGRA
2
KPITTECH - RSI Divergence on major support/Demand AreaStock currently showing classical RSI Divergence case where price has made a Lower Low and lower high on Major support zone but at the same time RSI is making HH and HL. This can be a major turning point for stock to start up-moving only in case if it continues to make HH and HL. RSI divergence is just a price behavior indicator which give indication of demand at demand zone and a confirmation of is always needed to support this fact by stock behavior making HH and HL.
NSE:KPITTECHLong
by trade_opportunities
1
NVDA to $170K EOYWith the Magic Linear Regression Channel by @mwrightinc, we built a channel on the daily chart that shows that NVDA looks like it may be beginning a bounce from the channel baseline. Using the Multi-VWAP indicator by @mwrightinc, we can also see that today, NVDA reclaimed the 5 Day anchored volume weighted average price (AVWAP). We can also see that after we lose the bearish data from 5 days ago that we will have a rising 5-Day AVWAP, which, according to Brian Shannon of AlphaTrends, is a MUST before entering into any long positions. NVDA also reclaimed the 50 Day AVWAP. Another very bullish sign. With a second Magic Linear Regression Channel, or by just drawing a trendline from the pivot high close from June 18th, 2023, we can see that $135.58 was broken as support, but yesterday's large bottom wick and today's continued upward momentum suggest that the level may be reclaimed in the very near future. I see two potential scenarios playing out. A bullish one, where NVDA not only reclaims the 135.58 support, but heads back up to the top of the 1 1/2 year-old channel that has been respected at multiple levels. And, a bearish one, where NVDA continues to fall that is indicated by its recent break of a neckline from a double-top. I believe the bullish scenario is more likely, because NVDA has already had a big move down from its earnings, and it actually beat estimates all around. NVDA is a beast, and I'm guessing that it has the potential to reach $170 by the end of the year, if the bullish scenario plays out.
NASDAQ:NVDALong
by mwrightinc
2
SPOT pullback to $408MODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading plan is very simple. I buy or sell at top & bottom of parallel channels. I confirm when price hits Fibonacci levels. So... Here's why I'm picking this symbol to do the thing. Price above channels (period 100 52 39 & 26) Stochastic Momentum Index (SMI) at overbought level VBSM is spiked positive Price at 4.618 Fibonacci level In at $457.50 Target is $408 or channel bottom No stop loss.
NYSE:SPOTShort
by chancethepug
6
Madison Square Garden Entertainment | MSGE | Long at $36.00Madison Square Garden Entertainment NYSE:MSGE appears to be forming a slow, but steady, upward channel. With a 9.7 P/E, 40M float, low debt, and high institutional ownership, it's an interesting value play. From a technical analysis standpoint, the large looming gaps above the current price area screaming to be closed. There is one lower price gap between $29.05 and $29.06 ($0.01) that may get closed before a stronger move up - something to keep an eye on if the price drops below $35 in the near-term. NYSE:MSGE is a strong name that I think will eventually follow the path of NYSE:MSGS from a price perspective. However, headwinds such as the potential for a slowing economy, rising ticket prices, etc are something to consider. At $36.00, NYSE:MSGE is in a personal buy zone. Target #1 = $42.00 Target #2 = $50.00 Target #3 = $60.00 Target #4 = $68.00
NYSE:MSGELong
by WorthlessViews
$ATAT Shop 'Til You Drop (or need to go back to your room)Chinese consumer names caught a major bump today, with a broad group each up around 10% Atour Lifestyle Holdings operates specialty hotel chains with "a personalized immersive shopping destination that guides guests from discovery to purchase". I bought the May '25 $40 calls for around $1.30 each, looking for a continuation of the breakout. I think these are the kind of pitches we want to be swinging at right now. What about you?
NASDAQ:ATATLong
by egatlinburg
1
BABA - ready for a trend reversalhi traders, Let's have a look at the BABA chart on the 1D time frame. After a massive rally, BABA experienced a deep pullback, but it looks like it might be time to load up on BABA again. BABA is still in our buy zone but we're expecting the trend reversal soon. Probably US market will experience some sort of pullback in its bull market and in this period we're expecting China market to have a nice recovery. Our targets for BABA: Target 1: 107 $ Target 2: 117$ We're expecting other Chinese stocks to perform well too . Check NIO stock here: Good luck
NYSE:BABALong
by vf_investment