weekendanalyst

weekendanalyst Aug 15, 2024

Technical Confluences: - Stochastics is very close to Overbought conditions in D1 timeframe - Price is close to the 161% Fibo Extension Line - Projection using Elliot Wave count is pointing that the price may push up towards the Fibo Extension Line Fundamental Confluences: - With ongoing geopolitical tensions between Israel & Iran, there is a pressure for XAU to...

weekendanalyst Aug 15, 2024

Technical Confluences: - Price is in Oversold Conditions in D1 timeframe - Price action bouncing off 150% Fibo Extension - Price is trying to go back above the Interest Zone to give some bullish momentum to the stock Fundamental Confluences: -Regardless how bad the negative rumours are ongoing about the side-effects from Pfizer; they are still considered a...

weekendanalyst Aug 15, 2024

Technical Confluences: - Stochastics just reversed off Overbought conditions in H4 - Price bounced off 123% Fibo Extension levels which coincides with a Supply Zone from before and also the top of a small Parallel Channel - Looking at it move towards at least the lower end of the Parallel Channel Fundamental Confluences: - With so much of rate cut hype priced...

weekendanalyst Aug 14, 2024

Technical Confluences: - Price action is between a 50 - 61% Fibo retracement range - Horizontal trendline coincides with the 61% Fibo retracement levels - Price is also at a Supply Zone range - Stochastics on the H4 is in Overbought conditions Fundamental Confluences: - Market is reeling with the optimism of incoming FED cuts but FED seems to feel differently...

weekendanalyst Aug 13, 2024

Technical Confluences: - Elliot wave seems to be in the middle of a Wave 3 count. Completing the Wave 3-1 and Wave 3-2. Next, should be the beginning of Wave 3-3 - Price action is close to an Interest Zone and is also at the 200MA Fundamental Confluences: - SilverCorp Metals focuses on Sustainable Silver. Both words that delight financial investors. Silver being...

weekendanalyst Aug 13, 2024

Technical Confluences: - Fibonacci retracement since the beginning of NYSE:EL 's history, puts the price action at the 78% retracement level - It coincides with a Demand Zone as can be seen across the price history - Stochastics are in Oversold conditions from Monthly, Weekly, Daily, H4 and even H1 - Will likely put Buy Stop levels at the Interest Zone areas to...

weekendanalyst Aug 13, 2024

Technical Confluences: - Price action is condolidating at the mid of downward parallel channel - Targeting the price action to move towards the area of resistances (Interest Zones, Lower-Bound of Parallel Channel, Horizontal Trendline & 50% Fibo Retracement level) - Elliot Wave 4 completed or will it extend and then, aim for the 100% Fibo Extension line @ 93,359...

weekendanalyst Aug 13, 2024

Technical Confluences: - Price action is near the 50% Fibo retracement area - Price action have bounced off the 200 MA (Red) and has a valid Resistance Trendline with an Interest Zone nearby - Stochastics is inn Oversold conditions in the Daily & Weekly timeframes - Elliot Wave 4 seems to be completing at the 50% Fibo line and aim for the 100% Fibo Extension...

weekendanalyst Aug 13, 2024

Technical Confluences: - Price action has bounced off a Support trendline and is in the range of a Demand Zone - Price action is also close to an all-time low Fundamental Confluences: - HBAR is a Layer 1 blockchain which has potential for further adoption - Recently in April, there was a big spike in CRYPTOCAP:HBAR price after an announcement that blockchain...

weekendanalyst Aug 12, 2024

Technical Confluences: - Price action is close to the 78% Fibo Extension and is at a strong Demand Zone - Stochastics is in Oversold conditions from Daily, Weekly and Monthly Fundamental Confluences: - Currently, Intel is trading at tangible book value ( thevalue you will get if the company gets liquidated) - At such value, chances of a takeover might be there...

weekendanalyst Aug 12, 2024

Technical Confluences: - Price action is close to the 50% Fibo extension from the beginning of time - Price action is bouncing off a strong Demand Zone to prevent a new all-time low Fundamental Confluences: - Higher interest rate environment compared to CHF will induce re-opening of carry trade positioning - Canada being an oil commodity nation, will have the...

weekendanalyst Aug 12, 2024

Technical Confluences: - Price action is at the 61% Retracement for Recent Lows to Highs and the beginning of Nike's time (Strong Support) - Price action is also at a Demand Zone - Stochastics is at Oversold levels on the Weekly & Monthly TF Fundamental Confluences: - Regardless of weak Earnings and Forward Projections, Nike is still considered as a market leader...

weekendanalyst Aug 12, 2024

Technical Confluences: - Price action has been consolidating between a Wedge pattern - Price action is at a Demand Zone of all-time lows - Price is starting to slowly break above the 200MA - A break above the resistance trendline (been a good support/resistance TL) would be a significant move. Fundamental Confluences: - Considerably cheap valuations - Still one...

weekendanalyst Aug 12, 2024

Technical Confluences: - Recent Elliott wave count shows that we are now in a Wave 4 retracement - Price action seemed to have topped out at the 50% Fibo Extension for now (Ending Wave 3) - Price action may test the Supply Zone again before retracing downwards towards the Horizontal Trendline and the 38% or 50% Retracement Fibo Fundamental Confluences: - US...

weekendanalyst Aug 11, 2024

Technical Confluences: - Elliot wave may have completed Wave 4 and begin the Wave 5 move - Price action is close to the 78% Fibo levels and a Demand zone (Yellow Zone) area. - Stochastics are at Oversold levels on both Weekly & Daily timeframes (TF) Fundamental Confluences: - Earnings was positive with both domestic & international revenue increasing, EPS beat,...

weekendanalyst Updated  Aug 7, 2024

Technical Confluences for Trade: - Stochastics are close to Overbought Conditions on D1 and Overbought in both H1 and H4 time-frames - Price action is close to a Supply Zone - Price action is close to multiple Resistance Trendlines Suggested Trade: Entry @ Area of Interest 1.9270 - 1.9380 SL @ 1.9503 TP 1 @ 1.9017 (Close Half-Position & move SL to Entry level...

weekendanalyst Updated  Jun 20, 2024

Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1 and H1 time-frames - Stochastics are also Overbought in multiple Cross-CHF pairs and even on USDCHF pair. - Price action is close to a Supply Zone - Price action is close to multiple Resistance Trendlines & top of Parallel Channel as well - Targeting the 38% Fibo retracement for...

weekendanalyst Updated  Jun 20, 2024

Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frames - Stochastics are also Overbought in multiple Cross-CHF pairs and even on USDCHF pair. - Price action is close to multiple Supply zones - Price action is close to multiple Resistance Trendlines as well - Targeting the 50% Fibo retracement for this trade ...