p4917

p4917 Updated 

Here is the daily chart for $MSTR. With its recent inclusion in NASDAQ:QQQ , the stock appears poised for further growth. From a technical perspective, the current triangle formation suggests potential downside movement toward $368, where the price may test the lower boundary of the pattern. Following this, I anticipate a bullish breakout to the upside. The...

p4917 Updated 

From the current notation, I see this leveraged ETF on Palladium rising approximately 45% until the end of the year. The reasons are as follows: Fundamental Factors : With increasing sanctions on Russia, one of the main exporters of palladium, global supply may become constrained. Furthermore, inflationary pressures might drive commodity prices higher. ...

p4917

After reaching its excessively high peak in March 2022, the price of nickel ( SHFE:NI1! ) entered a sustained correction phase. This correction brought the price down sharply to around $19,000 per ton. Following a brief upward correction, the price continued its downward movement. Since early 2024, the price seems to have found its bottom at approximately $15,900...

p4917

Looking at the RUS:PD1! contract: After completing the three impulse waves (1, 3, 5) upward, Palladium futures entered a steep downward correction, reaching the final Fibonacci level (76.4%). It appears that the price is now forming the first green daily candle in a long time. With an upward-pointing elliptical trendline, this could mark the low. We’ll need to...

p4917

Analyzing the NYMEX:CL1! (Crude Oil Futures) chart, the current level may serve as a potential reversal point due to several factors: Higher High Formation: On November 7th, the price established a higher high. If the current candle forms a higher low, it could signal the continuation of an upward trend. Bullish SMA Crossover: A few days ago, the 30-day...

p4917

As discussed in another idea on TradingView () I expect the corn price to rise. To participate in this rise, one might use this leveraged ETF. The buy order could be placed above the former local high as seen on the chart.

p4917 Updated 

You can see here the CBOT:ZC1! price displayed in a line chart. After reaching its high in early 2022, the bears took control, driving the price down significantly until now. The factors in play are as following: Seasonality: Corn prices have historically shown strength from December through March, aligning with planting and crop cycles. This seasonal...

p4917 Updated 

The fundamental outlook for oil is looking bullish. Despite seasonality favoring lower crude oil prices towards the end of the year, the conflicts in the Middle East are pushing prices higher. Technically, the downward move that has been in place since the beginning of July could now experience a correction. Therefore, I’ll begin slowly scaling into oil at the...

p4917

Speculative Long Position: After NYSE:SNOW confirmed support around $108, the chart looks more bullish to me in the short term. We’ve seen a bullish move since the beginning of October, followed by a correction in both price and time. With the recent crossover of the 30- and 50-day SMAs, I anticipate another bullish move ahead.

p4917 Updated 

The chart shows my current view on $TSLA. A short-term correction (possibly until the next earnings date) is possible. But at least in the 2nd attempt I see the price breaking the resistance cluster (red) and continue the bullish move until the end of this year. Let's see how things play out. ;)

p4917

After reaching its low point in early September, NASDAQ:CPRT appears to have completed its prolonged downward correction and made a sharp bullish move. This move has now been steeply corrected, and I expect the stock price to rise through the end of the year.

p4917

After my first long trade hit its stop loss today, I opened a second trade at a slightly higher level (see chart image). All bullish indicators are in place—the SMAs are supporting the price movement, and a new local high was recently made, confirming bullish momentum. I expect this stock to continue rising through the end of the year.

p4917 Updated 

This chart shows the price development of Alphabet (Google). Since reaching its high in July, the stock has been in a downward correction. However, it now appears that this correction may be ending. The price has formed a higher low, which could serve as the right shoulder in an inverse Head & Shoulders pattern. Additionally, the SMAs are bullishly aligned once...

p4917

After reaching its low in early August, the chart of Unity Software Inc. has shown a textbook bullish move. The Elliott Wave count is marked on the chart. Now, with the correction phase seemingly complete, the price appears poised to kickstart the next bullish impulse from the 38.2% Fibonacci level, supported by the 50-day SMA.

p4917

The price movement has formed an ascending triangle. After a break of the recent highs, I expect the price to continue his bullish move

p4917

Buy stop order placed. On the last trading day the downward correction could be finished with the creation of this hammer candle. If the price breaks the Thursday's daily high we can expect the next bullish impulse to take place. This should last as well for a couple of days. Meanwhile, all the moving averages are still bullishly aligned, indicating that the...

p4917

I've placed a buy stop above the last trading day's high. Bullish factors for this are: After reaching the low on the 5th August, the price has formed a nice upward trend consisting of higher highs and higher lows. We are now about to form the next higher low (this will be confirmed by a break of the last day's daily high). The 30- and 50-day SMA are about to...

p4917

I've placed a BUY STOP order above the last trading day's high. The reasons : If the last high gets broken to the upside, I expect a short-term turnaround of the price movement. The simple moving averages should do a bullish crossover. the privce could rise until the last high zone between 3.00 and 3.38 USD. With this the chart could form a cup & handle...